Vornado Realty Trust (VNO)
NYSE: VNO · Real-Time Price · USD
40.90
+0.32 (0.79%)
Jul 6, 2026, 12:09 PM EDT - Market open
Vornado Realty Trust Income Statement
Financials in millions USD. Fiscal year is January - December.
Millions USD. Fiscal year is Jan - Dec.
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Mar '26 Mar 31, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Property Revenue | 764.27 | 1,558 | 1,569 | 1,607 | 1,608 | 1,425 |
Service and Other Revenue | 326.85 | 252.18 | 218.88 | 203.68 | 192.31 | 164.68 |
| 1,808 | 1,810 | 1,788 | 1,811 | 1,800 | 1,589 | |
Revenue Growth (YoY) | -0.27% | 1.27% | -1.30% | 0.62% | 13.26% | 4.01% |
Property Expenses | 448.59 | 919.96 | 927.8 | 905.16 | 873.91 | 797.32 |
Total Property Expenses | 448.59 | 919.96 | 927.8 | 905.16 | 873.91 | 797.32 |
Gross Profit | 1,359 | 890.47 | 859.89 | 906.01 | 926.08 | 791.9 |
Selling, General & Admin | 314.99 | 156.12 | 148.52 | 162.88 | 133.73 | 134.55 |
Depreciation & Amortization Expenses | 693 | 462.2 | 447.5 | 434.27 | 504.5 | 412.35 |
Other Operating Expenses | 86.31 | 13.47 | 17.88 | 62.85 | 22.11 | 23.66 |
Operating Income | 265.06 | 258.68 | 245.99 | 246 | 265.75 | 221.34 |
Net Gains on Disposal of Properties | 822.99 | 838.54 | 16.05 | 71.2 | 100.63 | 50.77 |
Interest Income | 125.94 | 207.36 | 171.08 | 94.14 | -447.56 | 156.04 |
Interest Expense | -347.26 | -353.87 | -390.27 | -349.22 | -279.77 | -231.1 |
Total Non-Operating Income (Expense) | 601.67 | 692.03 | -203.15 | -183.89 | -626.7 | -24.28 |
Pretax Income | 13.65 | 950.71 | 42.85 | 62.11 | -360.95 | 197.06 |
Provision for Income Taxes | -5.59 | 13.51 | 22.73 | 29.22 | 21.66 | -10.5 |
Net Income | 19.24 | 937.2 | 20.12 | 32.89 | -382.61 | 207.55 |
Minority Interest in Earnings | 20.08 | 32.25 | -50.27 | -72.61 | -36.11 | 31.55 |
Net Income Attributable to Preferred Dividends | 62.1 | 62.1 | 62.11 | 62.12 | 62.12 | 74.91 |
Net Income to Common | 756.01 | 842.85 | 8.28 | 43.38 | -408.62 | 101.09 |
Net Income Growth | - | 10085.51% | -80.92% | - | - | - |
Shares Outstanding (Basic) | 194 | 192 | 191 | 191 | 192 | 192 |
Shares Outstanding (Diluted) | 196 | 201 | 197 | 192 | 192 | 192 |
Shares Change (YoY) | -0.41% | 2.25% | 2.49% | 0.04% | -0.18% | 0.81% |
EPS (Basic) | 3.64 | 4.40 | 0.04 | 0.23 | -2.13 | 0.53 |
EPS (Diluted) | 3.64 | 4.20 | 0.04 | 0.23 | -2.13 | 0.53 |
EPS Growth | 600.00% | 10400.00% | -82.61% | - | - | - |
Free Cash Flow | 353.56 | 548.84 | 72.11 | -149.59 | -101.85 | 23.41 |
Free Cash Flow Growth | -35.58% | 661.11% | - | - | - | - |
Free Cash Flow Per Share | 1.81 | 2.73 | 0.37 | -0.78 | -0.53 | 0.12 |
Dividends Per Share | 0.740 | 0.740 | 0.740 | 0.675 | 2.120 | 2.120 |
Dividend Growth | - | - | 9.63% | -68.16% | - | -10.92% |
Gross Margin | 75.19% | 49.19% | 48.10% | 50.02% | 51.45% | 49.83% |
Operating Margin | 14.66% | 14.29% | 13.76% | 13.58% | 14.76% | 13.93% |
Profit Margin | 1.06% | 51.77% | 1.13% | 1.82% | -21.26% | 13.06% |
FCF Margin | 19.56% | 30.32% | 4.03% | -8.26% | -5.66% | 1.47% |
EBITDA | 749.34 | 740.14 | 715.41 | 703.57 | 792.05 | 653.94 |
EBITDA Margin | 41.45% | 40.88% | 40.02% | 38.85% | 44.00% | 41.15% |
EBIT | 265.06 | 258.68 | 245.99 | 246 | 265.75 | 221.34 |
EBIT Margin | 14.66% | 14.29% | 13.76% | 13.58% | 14.76% | 13.93% |
Effective Tax Rate | -40.95% | 1.42% | 53.05% | 47.05% | -6.00% | -5.33% |