Company Overview
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.
Why Investors Should Care
Generates positive free cash flow, funding growth and shareholder returns internally.
Recent Developments
- Dec 2025 Revenue of $1.81B (+1.3% YoY); net profit $904.96M.
- Trailing 12 Months Year-on-year growth — revenue +5.0%, earnings -97.8%.
- 5-Year Trend Long-term compounding — revenue CAGR -1.1%, profit CAGR 2.9%.
Growth & Price Performance
Compounded Sales Growth
| 5 Years: | -1.12% |
| 1 Year: | 5.00% |
Compounded Profit Growth
| 5 Years: | 2.89% |
| 1 Year: | -97.80% |
Stock Price Performance
| 1 Year: | +9.38% |
| 6 Months: | +29.68% |
| 3 Months: | +23.28% |
| 1 Month: | +3.70% |
Highlights auto-generated from reported financials and price data; not investment advice. Verify with official filings before acting.
- Price vs 50-DMAAbove
- Price vs 200-DMAAbove
- RSI (14)51.47 · Neutral
P/E of 1,316.67 is above the sector median of 24.31 — pricier than peers.
Auto-generated from price history and fundamentals; not investment advice.
Price Chart
Technical Trend
Computed from daily close history using EMA cross, slope, and RSI signals.
Note: intraday data is not stored locally. “Hourly” uses the most recent 10 daily candles as a short-term proxy.
Fundamental Growth Charts
No fundamental data available for this stock.
Interactive charts for Revenue, Net Income, EBITDA, Free Cash Flow, EPS, ROE, ROCE, Gross/Net/Operating Margin and more — switch metric and period using the dropdowns above. CAGR is computed across the displayed window (quarterly CAGR is annualised). Visual growth charts make it easy to spot multi-year compounding trends at a glance — far faster than reading raw numbers in a table.
PROS
- Generates positive free cash flow.
- In a confirmed uptrend (50-DMA above 200-DMA).
CONS
- Trading at a high P/E of 1316.7.
- Revenue declined at -1.1% CAGR over 5 years.
* The pros and cons are auto-generated from financial metrics.
Valuation
Growth (CAGR)
Profitability & Returns
Balance Sheet & Liquidity
Ownership
Financial Snapshot
Peer comparison
Peer companies in the same sector (Real Estate).
| # | Name | CMP $ | P/E | Mkt Cap | Div Yld % | ROCE % | ROE % | Rev CAGR 5Y % | Profit CAGR 5Y % |
|---|---|---|---|---|---|---|---|---|---|
| 1 | VNO Vornado Realty Trust R3K | 39.50 | 1,316.67 | $7.43B | 1.90% | - | 0.60% | -1.12% | 2.89% |
| 2 | WELL Welltower Inc. SPXR3K | 236.92 | 106.72 | $170.72B | 1.44% | 0.54% | 3.84% | 22.26% | 11.10% |
| 3 | PLD Prologis, Inc. SPXR3K | 140.16 | 31.22 | $133.20B | 3.08% | - | 7.75% | 16.83% | 39.42% |
| 4 | EQIX Equinix, Inc. SPXR3K | 1,042.62 | 66.92 | $102.88B | 1.96% | 5.42% | 10.73% | 17.43% | 17.11% |
| 5 | AMT American Tower Corporation SPXR3K | 172.54 | 27.83 | $80.40B | 4.08% | 8.76% | 33.91% | 12.41% | 25.08% |
| 6 | SPG Simon Property Group, Inc. SPXR3K | 222.91 | 15.51 | $72.29B | 3.97% | - | 113.59% | 3.14% | 14.02% |
| 7 | DLR Digital Realty Trust, Inc. SPXR3K | 193.80 | 51.41 | $71.70B | 2.82% | - | 5.69% | 15.18% | 18.41% |
| 8 | AVB AvalonBay Communities, Inc. SPXR3K | 187.55 | 23.24 | $70.32B | 3.66% | 4.45% | 9.72% | 8.77% | 6.54% |
| 9 | PSA Public Storage SPXR3K | 328.40 | 31.25 | $61.33B | 3.67% | - | 21.93% | 5.67% | 7.85% |
Financial Statements Quarterly Results · Profit & Loss · Balance Sheet · Cash Flows · Ratios
Quarterly Results
Figures in USD.
| Metric | Mar 2015 | Jun 2015 | Sep 2015 | Dec 2015 | Mar 2016 | Jun 2016 | Sep 2016 | Dec 2016 | Mar 2017 | Jun 2017 | Sep 2017 | Dec 2017 | Mar 2018 | Jun 2018 | Sep 2018 | Dec 2018 | Mar 2019 | Jun 2019 | Sep 2019 | Dec 2019 | Mar 2020 | Jun 2020 | Sep 2020 | Mar 2021 | Jun 2021 | Sep 2021 | Mar 2022 | Jun 2022 | Sep 2022 | Mar 2023 | Jun 2023 | Sep 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | - | - | - | - | - | - | - | - | 508.06M | 511.09M | 528.75M | 536.23M | 536.44M | 541.82M | 542.05M | 543.42M | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Operating Income | 167.71M | 193.39M | 191.44M | - | -280.00K | 186.81M | 148.46M | - | 131.81M | 153.81M | 162.24M | - | 133.76M | 156.47M | 156.96M | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Net Income | 104.08M | 186.02M | 219.23M | - | -93.80M | 240.83M | 92.58M | - | 63.88M | 132.10M | -12.90M | - | 9.68M | 124.07M | 203.18M | - | 194.02M | 2.41B | 335.44M | - | 17.49M | -185.22M | 65.70M | 20.55M | 64.51M | 63.52M | 42.01M | 65.95M | 23.30M | 20.70M | 61.91M | 68.38M | 6.50M | 50.79M | -3.63M | 102.37M | 759.35M | 27.11M | -7.32M | 31.96M |
| Diluted EPS | 0.45 | 0.87 | 1.05 | 1.22 | -0.61 | 1.16 | 0.35 | 3.43 | 0.25 | 0.61 | -0.15 | 0.14 | -0.09 | 0.58 | 1.00 | 0.53 | 0.95 | 12.56 | 1.69 | 1.01 | 0.03 | -1.03 | 0.28 | 0.02 | 0.25 | 0.20 | 0.14 | 0.26 | 0.04 | 0.03 | 0.24 | 0.28 | -0.05 | 0.18 | -0.10 | 0.43 | 3.70 | 0.06 | -0.12 | 0.08 |
Profit & Loss (Annual)
Figures in USD.
| Metric | Dec 2007 | Dec 2008 | Dec 2009 | Dec 2010 | Dec 2011 | Dec 2012 | Dec 2013 | Dec 2014 | Dec 2015 | Dec 2016 | Dec 2017 | Dec 2018 | Dec 2019 | Dec 2020 | Dec 2021 | Dec 2022 | Dec 2023 | Dec 2024 | Dec 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | - | - | - | - | - | - | - | - | - | 2.00B | 2.08B | 2.16B | 1.92B | 1.53B | 1.59B | 1.80B | 1.81B | 1.79B | 1.81B |
| Operating Income | 815.13M | 787.40M | 781.16M | 759.03M | 812.23M | 727.79M | 674.55M | 689.89M | 619.41M | 579.85M | 608.65M | 582.96M | - | - | - | - | - | - | - |
| Net Income | 541.54M | 359.30M | 106.17M | 647.88M | 662.30M | 617.26M | 475.97M | 864.85M | 760.43M | 906.92M | 227.42M | 449.95M | 3.15B | -297.00M | 176.00M | -346.50M | 105.49M | 70.39M | 904.96M |
| Diluted EPS | 3.05 | 1.91 | 0.28 | 3.24 | 3.23 | 2.94 | 2.09 | 4.15 | 3.59 | 4.34 | 0.85 | 2.01 | 16.21 | -1.83 | 0.53 | -2.13 | 0.23 | 0.04 | 4.20 |
Balance Sheet (Annual)
Figures in USD.
| Metric | Dec 2006 | Dec 2007 | Dec 2008 | Dec 2009 | Dec 2010 | Dec 2011 | Dec 2012 | Dec 2013 | Dec 2014 | Dec 2015 | Dec 2016 | Dec 2017 | Dec 2018 | Dec 2019 | Dec 2020 | Dec 2021 | Dec 2022 | Dec 2023 | Dec 2024 | Dec 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total Assets | - | - | 21.42B | 20.19B | 20.52B | 20.45B | 22.07B | 20.02B | 21.16B | 21.14B | 20.81B | 17.40B | 17.18B | 18.29B | 16.22B | 17.27B | 16.49B | 16.19B | 16.00B | 15.52B |
| Total Equity | 5.01B | 6.01B | 5.80B | 6.24B | 6.32B | 6.83B | 6.85B | 6.77B | 6.75B | 6.70B | 6.90B | 4.34B | 4.47B | 6.73B | 6.53B | 6.24B | 5.84B | 5.51B | 5.16B | 5.99B |
| Cash & Equivalents | 2.23B | 1.15B | 1.53B | 535.48M | 690.79M | 606.55M | 960.32M | 583.29M | 1.20B | 1.84B | 1.50B | 1.82B | 570.92M | 1.52B | 1.62B | 1.76B | 889.69M | 997.00M | 733.95M | 840.85M |
| Long Term Debt | - | - | - | - | - | - | - | - | 1.34B | 1.58B | 1.33B | 1.59B | 1.67B | 1.77B | 1.82B | 2.56B | 2.56B | 2.56B | 2.57B | 2.26B |
| Total Liabilities | - | - | 14.03B | 12.28B | 12.36B | 11.78B | 13.22B | 11.50B | 12.33B | 12.44B | 11.92B | 11.41B | 11.29B | 10.09B | 8.67B | 10.06B | 9.98B | 9.84B | 9.83B | 8.72B |
Cash Flows (Annual)
Figures in USD.
| Metric | Dec 2007 | Dec 2008 | Dec 2009 | Dec 2010 | Dec 2011 | Dec 2012 | Dec 2013 | Dec 2014 | Dec 2015 | Dec 2016 | Dec 2017 | Dec 2018 | Dec 2019 | Dec 2020 | Dec 2021 | Dec 2022 | Dec 2023 | Dec 2024 | Dec 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | 697.33M | 817.81M | 633.58M | 771.09M | 702.50M | 825.05M | 1.04B | 1.14B | 672.09M | 995.08M | 860.14M | 802.64M | 662.54M | 424.24M | 761.81M | 798.94M | 648.15M | 537.72M | 1.26B |
| Investing Cash Flow | -3.07B | -453.23M | -242.20M | -520.36M | -164.76M | -642.26M | 722.08M | -574.47M | -732.42M | -893.11M | -206.32M | -877.72M | 2.46B | -87.80M | -532.35M | -906.86M | -128.79M | -597.37M | 115.51M |
| Financing Cash Flow | 1.29B | 7.68M | -1.38B | -95.42M | -621.97M | 170.98M | -2.14B | 54.34M | 618.86M | -446.15M | -338.34M | -1.12B | -2.24B | -213.20M | -29.48M | -801.27M | -278.94M | -252.32M | -1.35B |
| Share Buybacks | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 0 | 0 | 29.18M | 0 | 50.99M |
Ratios (Annual)
Figures in %.
| Metric | Dec 2007 | Dec 2008 | Dec 2009 | Dec 2010 | Dec 2011 | Dec 2012 | Dec 2013 | Dec 2014 | Dec 2015 | Dec 2016 | Dec 2017 | Dec 2018 | Dec 2019 | Dec 2020 | Dec 2021 | Dec 2022 | Dec 2023 | Dec 2024 | Dec 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross Margin % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Operating Margin % | - | - | - | - | - | - | - | - | - | 28.9% | 29.2% | 26.9% | - | - | - | - | - | - | - |
| Net Margin % | - | - | - | - | - | - | - | - | - | 45.3% | 10.9% | 20.8% | 163.6% | -19.4% | 11.1% | -19.2% | 5.8% | 3.9% | 50.0% |
| ROE % | 9.0% | 6.2% | 1.7% | 10.3% | 9.7% | 9.0% | 7.0% | 12.8% | 11.4% | 13.1% | 5.2% | 10.1% | 46.8% | -4.5% | 2.8% | -5.9% | 1.9% | 1.4% | 15.1% |
| ROCE % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
Shareholding Pattern
Top Institutional Holders
| # | Holder | % Held | Shares | Value |
|---|---|---|---|---|
| 1 | Blackrock Inc. | 12.20% | 22.79M | $900.03M |
| 2 | Vanguard Portfolio Management LLC | 7.84% | 14.64M | $578.16M |
| 3 | Franklin Resources, Inc. | 7.05% | 13.16M | $519.80M |
| 4 | Price (T.Rowe) Associates Inc | 4.95% | 9.24M | $365.16M |
| 5 | State Street Corporation | 4.38% | 8.17M | $322.71M |
| 6 | Vanguard Capital Management LLC | 4.09% | 7.64M | $301.67M |
| 7 | Resolution Capital Ltd | 4.00% | 7.46M | $294.67M |
| 8 | Principal Financial Group, Inc. | 3.18% | 5.94M | $234.77M |
| 9 | Kemnay Advisory Services Inc. | 3.12% | 5.83M | $230.46M |
| 10 | Geode Capital Management, LLC | 1.91% | 3.57M | $140.93M |
Analyst View
Analyst aggregate. Targets and ratings update periodically; not investment advice.
Latest News
Recent headlines for VNO
VNO — Frequently Asked Questions
What is the current share price of Vornado Realty Trust (VNO)?
As of 2026-08-07 20:37 PDT, Vornado Realty Trust (VNO) trades at $39.50 on NYSE. Its 52-week range is $24.71 to $42.04.
What is the market capitalisation of VNO?
Vornado Realty Trust (VNO) has a market capitalisation of $7.43B on NYSE.
What is the P/E ratio of VNO?
VNO trades at a trailing price-to-earnings (P/E) ratio of 1,316.67. The industry average P/E is 24.31. Its price-to-book (P/B) ratio is 1.54.
Does VNO pay a dividend?
Vornado Realty Trust (VNO) currently offers a dividend yield of 1.90%.
What is the return on equity (ROE) of VNO?
VNO has a return on equity (ROE) of 0.60%.
Is VNO a good stock to buy?
This page provides a data-driven analysis of Vornado Realty Trust (VNO), including valuation ratios, profitability, growth trends, auto-generated pros and cons, peer comparison and AI exposure. Review these fundamentals alongside your own research and risk tolerance. This is informational content, not investment advice.