Vornado Realty Trust (VNO) Financials

$34.37

$-0.31 (-0.89%)

As on 10-Sep-2026 16:00EDT

Market cap

$7,247 Mln

Revenue (TTM)

$1,829 Mln

P/E Ratio

1219.7

P/B Ratio

1.5

Div. Yield

2 %

Income Statement ($ Mln)	TTM	Dec-25	Dec-24	Dec-23	Dec-22	Dec-21
Operating Revenue	1,828.76	1,810.43	1,787.69	1,811.16	1,800.00	1,589.21
Cost of Revenue	2,211.52	1,382.16	927.80	905.16	873.91	797.32
Gross Profit	778.96	1,810.43	1,787.69	906.01	926.08	791.90
Operating Expenses	579.47	1,538.28	1,523.82	605.43	638.23	546.89
Operating Profit (EBIT)	199.49	272.15	263.87	300.58	287.85	245.00
Other Income	--	--	--	--	100.63	50.77
Profit before Tax	53.00	950.71	42.85	62.11	-360.95	197.06
Provision for Tax	11.67	13.51	22.73	29.22	21.66	-10.50
Profit after Tax (Net Income)	67.88	904.96	70.39	105.49	-346.50	176.00
Minority Interest	26.56	-32.25	50.27	72.61	36.11	31.55
Consolidated Profit	12.19	842.85	8.28	43.38	-408.63	101.09

Liabilities ($ Mln)	TTM	Dec-25	Dec-24	Dec-23	Dec-22	Dec-21
Shareholder's Funds	5,787.59	5,986.73	5,158.24	5,509.06	5,839.73	6,236.35
Minority Interest	26.56	--	--	--	236.65	278.89
Non-Current Liabilities	8,560.12	7,619.99	8,877.73	8,825.69	8,914.50	8,826.05
Current Liabilities	354.07	1,096.61	949.01	1,018.24	1,065.76	1,236.62
Total Liabilities	15,965.24	15,521.12	15,998.61	16,187.67	16,493.38	17,266.59

Assets ($ Mln)	TTM	Dec-25	Dec-24	Dec-23	Dec-22	Dec-21
Non-Current Assets	13,920.85	13,547.87	14,283.12	14,154.87	14,180.52	14,543.12
Current Assets	1,690.32	1,973.25	1,715.49	2,032.79	2,312.86	2,723.47
Total Assets	16,716.79	15,521.12	15,998.61	16,187.67	16,493.38	17,266.59
Total Debt*	9,058.93	7,885.27	8,992.64	8,984.31	9,125.01	8,986.15
Net Current Assets	584.70	876.64	738.06	1,050.49	815.02	1,534.98

Cashflow ($ Mln)	TTM	Dec-25	Dec-24	Dec-23	Dec-22	Dec-21
Cash From Operating Activities	--	1,258.39	537.72	648.15	798.94	761.81
Cash Flow from Investing Activities	--	115.51	-597.37	-128.79	-906.86	-532.35
Cash from Financing Activities	--	-1,345.97	-252.32	-278.94	-801.27	-29.48
Net Cash Inflow / Outflow	--	--	--	--	-909.19	199.98

Financials Ratios	TTM	Dec-25	Dec-24	Dec-23	Dec-22	Dec-21
Adjusted EPS ($)	0.36	4.72	0.35	0.55	-1.81	0.92
Cash EPS ($)	--	7.23	2.70	2.96	0.94	3.17
Adjusted Book Value ($)	--	31.22	25.78	28.94	30.44	32.47
Dividend per Share ($)	--	--	--	--	--	--
Cash Flow per Share ($)	--	6.56	2.69	3.40	4.16	3.97
Free Cash Flow per Share ($)	--	6.56	2.69	3.40	4.16	3.97

Profitability Ratios	TTM	Dec-25	Dec-24	Dec-23	Dec-22	Dec-21
ROCE (%)	--	6.46	0.49	0.72	-2.30	1.19
ROE (%)	1.60	16.24	1.32	1.86	-5.74	2.76
ROA (%)	0.41	5.74	0.44	0.65	-2.05	1.05
EBIT Margin (%)	21.46	71.00	23.00	21.42	-5.72	25.67
Net Margin (%)	3.71	49.99	3.94	5.82	-18.23	10.73
Cash Profit Margin (%)	--	--	--	--	--	--

Growth Ratios	TTM	Dec-25	Dec-24	Dec-23	Dec-22	Dec-21
Revenue Growth (%)	1.37	0.01	-0.01	0.01	0.13	0.04
EBIT Growth (%)	-69.49	212.59	5.97	476.76	-125.25	290.23
Net Profit Growth (%)	-88.89	1,185.68	-33.28	130.45	-296.88	159.26
EPS Growth (%)	-91.79	12.42	-0.37	1.31	-2.97	1.59
Book Value Growth (%)	2.00	--	--	--	--	--

Valuation Ratios	TTM	Dec-25	Dec-24	Dec-23	Dec-22	Dec-21
Price / Earnings	1,219.67	7.05	119.50	50.98	-11.52	45.68
Price / Book Value	1.48	1.07	1.63	0.98	0.68	1.29
Dividend Yield (%)	2.03	--	--	--	--	--
EV/EBITDA	16.84	7.60	18.93	15.64	27.77	18.14
Close Price ($)	39.30	33.28	42.04	28.25	20.81	41.86
High Price ($)	43.31	44.32	46.63	32.21	47.26	50.91
Low Price ($)	24.57	29.68	22.42	12.31	20.03	35.02
Market Cap ($ Cr)	7,246.61	--	--	--	--	--

Solvency Ratios	TTM	Dec-25	Dec-24	Dec-23	Dec-22	Dec-21
Debt to Equity	1.13	1.32	1.74	1.63	1.56	1.44
Short term debt to equity ratio	0.16	0.12	0.11	0.10	0.10	0.09
Current Ratio	4.77	1.80	1.81	2.00	2.17	2.20
Quick Ratio	4.77	--	--	-0.30	2.34	2.22
Interest Coverage	1.15	3.63	1.05	1.11	-0.37	1.77

Operating Efficiency Ratios	TTM	Dec-25	Dec-24	Dec-23	Dec-22	Dec-21
Debtors to sales (%)	49.29	55.00	42.84	42.58	43.12	46.31
Asset Turnover	0.11	0.11	0.11	0.11	0.11	0.09
Receivable days	--	177.70	157.02	156.02	153.42	170.96
Inventory Days	--	--	918.57	433.69	-42.37	-4.34
Payable days	--	98.84	154.53	173.90	222.43	238.37
Cash Conversion Cycle	--	--	921.06	415.81	-111.38	-71.75

*TTM (Trailing Twelve Months) data based on income statement of last 4 quarters and interim half yearly balance sheet.

Income Statement ($ Mln)