Vornado Realty Trust is a real estate investment trust, which engages in the ownership of office, retail, merchandise mart properties, and other real estate and related investments. The company is headquartered in New York City, New York and currently employs 3,145 full-time employees. The firm conducts its business through, and substantially all of its interests in properties are held by Vornado Realty L.P. Its segments include New York and Other. Its portfolio is concentrated on premier office and high street retail properties in New York City. Its segments include New York and Other. Its New York segment consisted of approximately 26.2 million square feet in 63 properties. The 26.2 million square feet comprises 20.1 million square feet of Manhattan offices in 29 of the properties, 2.4 million square feet of Manhattan street retail in 48 of the properties, 1,330 units in two residential properties, and its 32.4% interest in Alexander’s, which owns five properties in the greater New York metropolitan area It also includes nine garages totaling over 1.6 million square feet (4,685 spaces). Its Real Estate and Investments consists of over 3.7 million square foot THE MART in Chicago.
Financials in millions USD. Fiscal year is February - January.
Breakdown
TTM
12/31/2025
12/31/2024
12/31/2023
12/31/2022
12/31/2021
Revenue
1,810
1,810
1,787
1,811
1,799
1,589
Revenue Growth (YoY)
1%
1%
-1%
1%
13%
4%
Cost of Revenue
919
919
927
905
873
797
Gross Profit
890
890
859
906
926
791
Selling, General & Admin
156
156
148
162
133
134
Research & Development
--
--
--
--
--
--
Operating Expenses
629
629
608
609
628
556
Other Non Operating Income (Expenses)
10
10
12
7
-2
11
Pretax Income
950
950
42
62
-360
197
Income Tax Expense
13
13
22
29
21
-10
Net Income
842
842
8
43
-408
101
Net Income Growth
10,425%
10,425%
-81%
-111%
-504%
-129%
Shares Outstanding (Diluted)
191.62
201.04
196.62
191.85
191.77
192.12
Shares Change (YoY)
-4%
2%
2%
0%
0%
1%
EPS (Diluted)
4.39
4.19
0.04
0.22
-2.13
0.52
EPS Growth
11,042%
9,875%
-81%
-111%
-505%
-129%
Free Cash Flow
548
548
72
-149
-101
-100
Free Cash Flow Per Share
--
--
--
--
--
--
Gross Margin
49.17%
49.17%
48.06%
50.02%
51.47%
49.77%
Operating Margin
14.41%
14.41%
14.04%
16.34%
16.5%
14.78%
Profit Margin
46.51%
46.51%
0.44%
2.37%
-22.67%
6.35%
Free Cash Flow Margin
30.27%
30.27%
4.02%
-8.22%
-5.61%
-6.29%
EBITDA
742
742
720
753
823
667
EBITDA Margin
40.99%
40.99%
40.29%
41.57%
45.74%
41.97%
D&A For EBITDA
481
481
469
457
526
432
EBIT
261
261
251
296
297
235
EBIT Margin
14.41%
14.41%
14.04%
16.34%
16.5%
14.78%
Effective Tax Rate
1.36%
1.36%
52.38%
46.77%
-5.83%
-5.07%
Follow-Up Questions
What are Vornado Realty Trust's key financial statements?
According to the latest financial statement (Form-10K), Vornado Realty Trust has a total asset of $15,521, Net profit of $842
What are the key financial ratios for VNO.PRL?
Vornado Realty Trust's Current ratio is 1.62, has a Net margin is 46.51, sales per share of $9.
How is Vornado Realty Trust's revenue broken down by segment or geography?
Vornado Realty Trust largest revenue segment is Total Rental, at a revenue of 1,845,605,000 in the most earnings release.For geography, New York is the primary market for Vornado Realty Trust, at a revenue of 1,476,522,000.
Is Vornado Realty Trust profitable?
yes, according to the latest financial statements, Vornado Realty Trust has a net profit of $842
Does Vornado Realty Trust have any liabilities?
yes, Vornado Realty Trust has liability of 9,534
How many outstanding shares for Vornado Realty Trust?
Vornado Realty Trust has a total outstanding shares of 190.66