YOLFTbeta
Vornado Realty Trust

Vornado Realty Trust

VNO-PM · NYSE · Real Estate / REIT - Office

16.00USD-0.23 (-1.42%)

Price History

Full chart

Market Stats

Previous Close16.23
Open16.28
Day Range15.99 – 16.40
52-Week Range15.11 – 17.81
Volume8.77K
Market Cap9.79B
P/E (TTM)25.20
Forward P/E0.00
EPS0.644
Dividend Yield8.12%
Beta1.54
50-Day Avg17.34
200-Day Avg17.38

About

Vornado Realty Trust is a fully integrated real estate investment trust with a 26 million square-foot portfolio of premier New York City office, retail and multifamily assets and the developer of the new PENN DISTRICT. While concentrated in New York, Vornado also owns premier assets in both Chicago and San Francisco. Vornado is a real estate industry leader in sustainability, with 100% of our in-service office buildings LEED certified and over 95% certified LEED Gold or Platinum. Vornado Realty Trust was incorporated in 1946 in Maryland, USA.

Company Details

  • SectorReal Estate
  • IndustryREIT - Office
  • CEOMr. Steven Roth
  • Employees3.15K
  • Headquarters888 Seventh Avenue, New York, NY, United States, 10019-4499, USA
  • Websitehttps://www.vno.com

Leadership

  • Mr. Steven RothChairman of the Board & CEO · b. 1942
  • Mr. Michael J. FrancoPresident & CFO · b. 1969
  • Mr. Glen J. WeissExecutive VP of Office Leasing & Co-Head of Real Estate · b. 1970
  • Mr. Barry S. LangerExecutive VP of Development & Co-Head of Real Estate · b. 1979
  • Mr. Haim H. CheraExecutive VP & Head of Retail · b. 1969
  • Robert LarsonSenior Vice President of Operations
  • Ms. Deirdre K. MaddockSenior VP & Chief Accounting Officer
  • Mr. Robert EntinChief Information Officer & Executive VP
  • Mr. Thomas J. SanelliExecutive VP of Finance & Chief Administrative Officer · b. 1973
  • Mr. Steven J. BorensteinExecutive VP, Corporation Counsel & Secretary

Financials

Income Statement

Currency: USD1986-12-311987-12-311988-12-311989-12-311990-12-311991-12-311992-12-311993-12-311994-12-311995-12-311996-12-311997-12-311998-12-311999-12-312000-12-312001-12-312002-12-312003-12-312004-12-312005-12-312006-12-312007-12-312008-12-312009-12-312010-12-312011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Revenue----32.70M40.60M40.60M48.00M87.90M102.80M117.30M202.60M454.40M663.50M803.61M979.67M1.44B1.50B1.71B2.55B2.71B2.97B2.70B2.74B2.78B2.92B2.77B2.76B2.64B2.50B2.51B2.08B2.16B1.92B1.53B1.59B1.80B1.81B1.79B1.81B
Growth (%)-----+24.16%0.00%+18.23%+83.13%+16.95%+14.11%+72.72%+124.28%+46.02%+21.12%+21.91%+46.49%+4.74%+13.59%+49.22%+6.46%+9.65%-9.30%+1.69%+1.35%+4.89%-5.12%-0.20%-4.53%-5.07%+0.16%-16.84%+3.82%-11.05%-20.61%+4.01%+13.26%+0.62%-1.30%+1.27%
Cost of Revenue----------------541.60M583.66M679.79M1.31B1.37B1.63B1.07B1.09B1.10B1.24B1.25B1.09B1.06B1.01B1.02B886.60M963.48M917.98M789.07M797.32M873.91M905.16M927.80M1.38B
Gross Profit----32.70M40.60M40.60M48.00M87.90M102.80M117.30M202.60M454.40M663.50M803.61M979.67M893.47M919.39M1.03B1.24B1.35B1.34B1.63B1.65B1.68B1.68B1.52B1.67B1.57B1.49B1.48B1.20B1.20B1.01B738.88M791.89M926.08M906.00M1.79B1.81B
Gross Margin----100.00%100.00%100.00%100.00%100.00%100.00%100.00%100.00%100.00%100.00%100.00%100.00%62.26%61.17%60.18%48.77%49.62%45.10%60.32%60.34%60.45%57.56%54.88%60.63%59.61%59.59%59.13%57.46%55.47%52.31%48.36%49.83%51.45%50.02%100.00%100.00%
Operating Expense-----11.20M-7.40M4.40M-8.30M32.50M33.40M39.20M98.70M186.80M319.30M399.34M542.85M338.66M337.44M389.61M517.96M618.76M108.72M812.90M859.01M874.39M822.09M840.49M799.61M755.54M730.77M931.08M590.16M617.28M589.03M594.57M546.89M638.23M605.42M1.52B1.54B
Operating Income14.10M9.90M10.10M10.40M43.90M48.00M36.20M56.30M55.40M69.40M78.10M103.90M267.60M344.20M404.26M436.81M554.82M581.96M637.87M724.64M726.91M1.23B814.03M795.78M805.86M856.15M677.63M874.19M815.64M760.25M550.79M607.37M582.96M417.69M144.31M245.00M287.85M300.58M263.87M272.15M
Operating Margin----134.25%118.23%89.16%117.29%63.03%67.51%66.58%51.28%58.89%51.88%50.31%44.59%38.66%38.72%37.36%28.44%26.80%41.44%30.18%29.02%28.99%29.36%24.49%31.66%30.94%30.38%21.98%29.14%26.94%21.70%9.44%15.42%15.99%16.60%14.76%15.03%
EBITDA14.10M9.90M10.10M10.40M53.60M64.20M47.70M68.00M66.20M81.20M92.80M151.30M326.80M427.80M563.72M591.10M790.85M882.06M960.84M1.11B1.15B1.70B1.21B1.26B1.59B1.68B1.50B1.16B1.38B1.31B1.48B1.16B1.25B4.14B203.52M840.50M423.31M845.61M880.61M1.77B
EBITDA Margin----163.91%158.13%117.49%141.67%75.31%78.99%79.11%74.68%71.92%64.48%70.15%60.34%55.11%58.68%56.28%43.59%42.39%57.00%44.69%45.88%57.03%57.59%54.29%41.85%52.49%52.28%58.98%55.71%57.69%215.07%13.32%52.89%23.52%46.69%49.26%97.59%
Net Income14.10M9.90M10.10M10.40M4.30M10.20M1.20M28.00M41.20M53.00M61.40M61.00M152.90M202.50M233.99M263.74M232.90M460.70M592.92M539.60M560.14M635.69M395.04M106.17M647.88M662.30M617.26M475.97M864.85M760.43M960.57M227.42M449.95M3.15B-297.00M176.00M-346.50M105.49M70.39M904.96M
Net Income Margin----13.15%25.12%2.96%58.33%46.87%51.56%52.34%30.11%33.65%30.52%29.12%26.92%16.23%30.65%34.73%21.18%20.65%21.38%14.65%3.87%23.31%22.72%22.31%17.24%32.81%30.39%38.33%10.91%20.80%163.55%-19.44%11.07%-19.25%5.82%3.94%49.99%
R&D--------------------------226.62M32.21M-00.290.150.211.790.280.120.20.03--
R&D as % of Total Revenue--------------------------8.19%1.17%-0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%--
Interest Expense14.10M9.90M10.10M10.40M32.20M34.90M33.90M31.20M14.20M16.40M16.70M42.90M114.70M141.70M170.27M173.08M207.84M204.26M30.90M161.71M476.46M634.55M596.18M634.28M560.27M544.01M500.36M483.19M349.97M318.72M330.24M345.65M347.95M286.62M229.25M231.10M279.76M349.22M390.27M353.87M
Interest Expense % of Total Revenue----98.47%85.96%83.50%65.00%16.15%15.95%14.24%21.17%25.24%21.36%21.19%17.67%14.48%13.59%1.81%6.35%17.57%21.34%22.10%23.13%20.16%18.66%18.09%17.50%13.28%12.74%13.18%16.59%16.08%14.89%15.00%14.54%15.54%19.28%21.83%19.55%

Balance Sheet

Currency: USD1986-12-311987-12-311988-12-311989-12-311990-12-311991-12-311992-12-311993-12-311994-12-311995-12-311996-12-311997-12-311998-12-311999-12-312000-12-312001-12-312002-12-312003-12-312004-12-312005-12-312006-12-312007-12-312008-12-312009-12-312010-12-312011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Assets----387.90M393.40M420.60M385.80M393.50M491.50M565.20M2.52B4.43B5.48B6.37B6.78B9.02B9.52B11.58B13.64B17.95B22.48B21.42B20.19B20.52B20.45B21.97B20.10B21.25B21.14B20.81B17.40B17.18B18.29B16.22B17.27B16.49B16.19B16.00B15.52B
Total Liabilities----357.50M345.60M423.80M235.00M268.40M297.20M288.90M1.03B2.21B2.20B2.84B2.73B4.35B4.52B5.62B7.12B10.68B14.87B14.16B12.28B12.36B11.78B13.12B11.50B12.42B12.44B11.92B11.41B11.29B10.09B8.67B10.06B9.98B9.84B9.83B8.72B
Total Equity----15.40M8.10M-3.20M115.70M125.10M194.30M276.30M1.31B1.78B2.06B2.08B2.57B2.63B3.08B4.01B5.26B6.15B6.12B5.66B6.24B6.32B6.83B8.85B6.77B8.83B6.70B6.90B5.99B4.47B6.73B6.53B6.24B5.84B5.51B5.16B5.99B
Cash----5.50M14.70M51.50M24.10M23.60M19.10M89.70M356.00M167.80M112.60M136.99M265.58M208.20M320.54M599.28M294.50M2.23B1.15B1.53B535.48M690.79M606.55M960.32M583.29M1.20B1.84B1.50B1.82B570.92M1.52B1.62B1.76B889.69M997.00M733.95M840.85M
Total Debt----357.50M345.60M394.60M235.00M268.40M277.20M242.00M956.70M2.05B2.05B2.66B2.48B4.07B4.06B4.94B6.25B9.55B12.95B12.65B10.94B10.89B10.56B12.16B9.98B10.92B11.09B10.61B10.48B9.84B7.90B7.80B8.99B9.13B8.98B8.99B7.89B
Net Debt----352.00M330.90M343.10M210.90M244.80M258.10M152.30M600.70M1.88B1.94B2.52B2.21B3.86B3.74B4.34B5.96B7.32B11.80B11.12B10.40B10.20B9.96B10.34B9.40B9.70B9.26B9.11B7.91B9.27B6.39B6.18B7.23B8.24B7.99B8.26B7.04B

Cash Flow

Currency: USD1990-12-311991-12-311992-12-311993-12-311994-12-311995-12-311996-12-311997-12-311998-12-311999-12-312000-12-312001-12-312002-12-312003-12-312004-12-312005-12-312006-12-312007-12-312008-12-312009-12-312010-12-312011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Operating Cash Flow1.80M36.20M15.90M27.40M46.90M62.90M70.70M110.80M189.40M176.90M249.92M387.69M499.82M528.95M664.69M762.68M824.67M697.33M817.81M633.58M771.09M702.50M825.05M1.04B1.14B672.15M1.00B860.14M802.64M662.54M424.24M761.81M798.94M648.15M537.72M1.26B
Investing Cash Flow-70.80M-17.20M16.50M1.60M--103.90M--1.06B-1.26B-494.20M-699.38M-79.72M-24.12M-130.29M-350.73M-1.75B-1.92B-3.07B-453.23M-242.20M-520.36M-164.76M-642.26M722.08M-574.47M-678.75M-889.19M-206.32M-877.72M2.46B-87.80M-532.35M-906.86M-128.79M-597.37M115.51M
Financing Cash Flow-10.40M-9.80M4.40M-56.40M-32.10M36.60M-15.00M1.22B879.80M262.10M473.81M-179.37M-533.09M-286.32M-35.22M683.83M3.03B1.29B7.68M-1.38B-95.42M-621.97M170.98M-2.14B54.34M643.83M-446.15M-338.34M-1.12B-2.24B-213.20M-29.48M-801.27M-278.94M-252.32M-1.35B
Capital Expenditure38.40M7.70M11.20M27.00M25.40M16.60M14.80M911.20M964.90M395.80M371.64M67.09M96.02M120.59M117.94M957.81M1.72B3.04B832.89M681.87M474.98M349.60M446.02M394.83M1.03B475.82M750.07M355.85M74.61M438.94M395.05M738.40M900.79M33.15M00
Free Cash Flow-36.60M28.50M4.70M400.00K21.50M46.30M55.90M-800.40M-775.50M-218.90M-121.72M320.60M403.81M408.36M546.75M-195.13M-895.98M-2.34B-15.08M-48.30M296.10M352.89M379.02M1.44B1.14B196.33M250.59M504.29M728.03M223.60M29.19M761.81M798.94M648.15M537.72M1.26B
Dividends Paid4.10M16.50M17.50M30.50M43.20M52.90M59.60M93.00M173.30M183.80M204.50M335.95M337.59M348.69M401.40M583.13M594.90M581.96M619.09M319.47M529.97M570.21M773.29M629.10M629.30M555.33M556.10M561.01M534.46M553.92M891.59M471.99M468.68M191.18M203.22M203.38M
FCF to OCF-2033.33%78.73%29.56%1.46%45.84%73.61%79.07%-722.38%-409.45%-123.74%-48.70%82.69%80.79%77.20%82.26%-25.59%-108.65%-335.83%-1.84%-7.62%38.40%50.23%45.94%137.94%100.00%29.21%25.04%58.63%90.70%33.75%6.88%100.00%100.00%100.00%100.00%100.00%
Dividend Paid to FCF-11.20%57.89%372.34%7625.00%200.93%114.25%106.62%-11.62%-22.35%-83.97%-168.01%104.79%83.60%85.39%73.42%-298.83%-66.40%-24.85%-4105.66%-661.50%178.98%161.58%204.02%43.82%55.43%282.85%221.91%111.25%73.41%247.72%3054.54%61.96%58.66%29.50%37.79%16.16%

Earnings

Report DateAug 8, 2002Mar 7, 2003May 8, 2003Aug 8, 2003Nov 7, 2003Mar 3, 2004May 6, 2004Nov 1, 2005Feb 28, 2006May 2, 2006Aug 1, 2006Oct 31, 2006Feb 27, 2007May 1, 2007Jul 31, 2007Oct 30, 2007Feb 26, 2008May 5, 2008Aug 5, 2008Nov 4, 2008Feb 24, 2009May 5, 2009Aug 4, 2009Nov 3, 2009Aug 3, 2010Nov 2, 2010Feb 23, 2011May 3, 2011Aug 1, 2011Nov 3, 2011Feb 27, 2012May 7, 2012Aug 6, 2012Nov 1, 2012Feb 26, 2013May 6, 2013Aug 5, 2013Nov 4, 2013Feb 24, 2014May 5, 2014Aug 4, 2014Nov 3, 2014Feb 17, 2015May 4, 2015Aug 3, 2015Nov 2, 2015Feb 16, 2016May 2, 2016Aug 1, 2016Oct 31, 2016Feb 13, 2017May 1, 2017Jul 31, 2017Oct 30, 2017Feb 12, 2018Apr 30, 2018Jul 30, 2018Oct 29, 2018Feb 11, 2019Apr 29, 2019Jul 29, 2019Oct 28, 2019Feb 18, 2020May 4, 2020Aug 3, 2020
EPS Estimate0.420.911.031.030.870.930.650.760.420.870.530.730.711.020.900.580.542.100.480.32-0.130.800.100.260.310.430.361.130.390.370.440.890.350.390.310.950.400.31-0.440.560.310.500.450.620.490.520.400.480.370.370.490.490.470.090.27-0.040.390.370.300.280.230.740.870.150.40
EPS Actual0.680.360.770.710.640.670.590.190.420.910.990.660.691.020.960.800.572.470.790.20-1.400.79-0.300.690.320.521.271.380.490.270.370.970.050.450.110.610.460.44-0.370.330.410.692.720.450.871.051.22-0.611.160.353.430.250.61-0.150.340.300.360.350.340.9512.561.691.010.03-1.03
Surprise61.90%-60.44%-25.24%-31.07%-26.44%-27.96%-9.23%-75.00%0.00%4.60%86.79%-9.59%-2.82%0.00%6.67%37.93%5.56%17.62%64.58%-37.50%-976.92%-1.25%-400.00%165.38%3.23%20.93%252.78%22.12%25.64%-27.03%-15.91%8.99%-85.71%15.38%-64.52%-35.79%15.00%41.94%15.91%-41.07%32.26%38.00%504.44%-27.42%77.55%101.92%205.00%-227.08%213.51%-5.41%600.00%-48.98%29.79%-266.67%25.93%850.00%-7.69%-5.41%13.33%239.29%5360.87%128.38%16.09%-80.00%-357.50%
Timing------------------------------------------After-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursPre-marketAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hours

Key Statistics & Ratios

Market Cap9.79B
Enterprise Value12.60B
Trailing P/E25.20
Forward P/E0.00
Price / Sales5.25
Price / Book0.00
EPS0.644
Book Value24.66
Revenue (TTM)1.88B
Gross Profit (TTM)930.95M
EBITDA771.63M
Profit Margin3.62%
Operating Margin9.80%
Return on Equity0.60%
Return on Assets1.01%
Shares Outstanding0
Shares Float156.53M
Beta1.54
Dividend Yield8.12%
Dividend Rate1.31
Payout Ratio0.00%

Ownership Breakdown

Institutions
40.83%
Insiders
0.00%
Retail / Other
59.17%

Top Institutional Holders

  • Shikiar Asset Management Inc
    57.25K0.00%
  • Golden State Equity Partners
    350.00%

Dividends

20263×
0.33Sep 15, 20260.33Jun 15, 20260.33Mar 16, 2026
20254×
0.33Dec 15, 20250.33Sep 15, 20250.33Jun 16, 20250.33Mar 17, 2025
20244×
0.33Dec 16, 20240.33Sep 16, 20240.33Jun 17, 20240.33Mar 14, 2024
20234×
0.33Dec 14, 20230.33Sep 14, 20230.33Jun 14, 20230.33Mar 14, 2023
20224×
0.33Dec 14, 20220.33Sep 14, 20220.33Jun 14, 20220.33Mar 14, 2022
20214×
0.33Dec 14, 20210.33Sep 14, 20210.33Jun 14, 20210.33Mar 12, 2021
20201×
0.33Dec 14, 2020