Vornado Realty Trust (VNO)

Vornado Realty Trust Cash Flow Statement

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar 31, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Net Income	815.35	937.2	20.12	32.89	-382.61	207.55
Depreciation & Amortization	484.27	481.46	469.42	457.57	526.31	432.59
Stock-Based Compensation	25.11	25.48	30.17	43.2	29.25	38.33
Other Adjustments	10.98	-4.52	75	140.07	538.67	79.78
Change in Receivables	-28.19	-18.79	4.7	9.38	-4.44	-0.19
Changes in Other Operating Activities	-102.51	-162.44	-61.69	-34.96	91.77	3.73
Operating Cash Flow	1,254	1,258	537.72	648.15	798.94	761.81
Operating Cash Flow Growth	124.64%	134.02%	-17.04%	-18.87%	4.88%	79.57%
Capital Expenditures	-900.54	-709.55	-465.61	-797.75	-900.8	-738.4
Sale of Property, Plant & Equipment	66.8	95.71	33.61	148	461.28	237.43
Purchases of Investments	-64.46	-70.59	-165.36	-57.3	-1,099	-15
Proceeds from Sale of Investments	-	-	-	573.6	597.5	1.55
Payments for Business Acquisitions	-	-	-	-	-	-123.94
Other Investing Activities	543.28	799.93	-	4.65	34.42	106.01
Investing Cash Flow	-389.92	115.51	-597.37	-128.79	-906.86	-532.35
Long-Term Debt Issued	2,231	835.79	75	-	1,030	3,248
Long-Term Debt Repaid	-2,297	-1,904	-97.44	-148	-1,251	-1,584
Net Long-Term Debt Issued (Repaid)	-66.65	-1,068	-22.44	-148	-221.6	1,664
Issuance of Common Stock	-	-	-	-	-	0.9
Repurchase of Common Stock	-79.9	-50.99	-29.18	-	-	-1.57
Net Common Stock Issued (Repurchased)	-79.9	-50.99	-29.18	-	-	-0.67
Issuance of Preferred Stock	-	-	-	-	-	291.15
Repurchase of Preferred Stock	-	-	-	-	-	-300
Net Preferred Stock Issued (Repurchased)	-	-	-	-	-	-8.85
Common Dividends Paid	-	-141.28	-141.1	-129.07	-406.56	-406.11
Preferred Share Dividends Paid	-62.1	-62.1	-62.11	-62.12	-62.12	-65.88
Other Financing Activities	-58.63	-23.87	-26.67	89.43	-111	-1,212
Financing Cash Flow	-459.55	-1,346	-252.32	-278.94	-801.27	-29.48
Net Cash Flow	404.63	27.93	-311.97	240.43	-909.19	199.98
Free Cash Flow	353.56	548.84	72.11	-149.59	-101.85	23.41
Free Cash Flow Growth	-35.58%	661.11%	-	-	-	-
FCF Margin	19.56%	30.32%	4.03%	-8.26%	-5.66%	1.47%
Free Cash Flow Per Share	1.81	2.73	0.37	-0.78	-0.53	0.12
Levered Free Cash Flow	147.75	-615.4	-72.04	-479.75	-912.93	1,463
Unlevered Free Cash Flow	-257.82	-135.53	57.62	-244.87	-1.03	-68.94

Updated May 4, 2026. Data Source: Fiscal.ai. Real Estate template. Financial Sources.

SEC Filings: 10-K · 10-Q