Vornado Realty Trust (VNO)
NYSE: VNO · Real-Time Price · USD
34.71
0.00 (0.00%)
Nov 13, 2026, 4:00 PM EST - Market closed
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 | Sep '26 Sep 30, 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 |
Rental Revenue | 1,596 | 1,558 | 1,569 | 1,607 | 1,608 | 1,425 |
Other Revenue | 296.42 | 306.33 | 331.34 | 225.97 | 296.99 | 280.62 |
| 1,892 | 1,865 | 1,900 | 1,833 | 1,905 | 1,705 | |
Revenue Growth (YoY | -0.60% | -1.87% | 3.64% | -3.74% | 11.70% | 42.23% |
Property Expenses | 949.9 | 919.96 | 927.8 | 905.16 | 873.91 | 797.32 |
Selling, General & Administrative | 156.1 | 156.12 | 148.52 | 162.88 | 133.73 | 134.55 |
Depreciation & Amortization | 572.15 | 462.2 | 447.5 | 434.27 | 504.5 | 412.35 |
Total Operating Expenses | 1,678 | 1,538 | 1,524 | 1,502 | 1,512 | 1,344 |
Operating Income | 214.29 | 326.3 | 376.33 | 331.14 | 392.53 | 360.94 |
Interest Expense | -349.96 | -330.4 | -348.52 | -338.23 | -279.34 | -207.37 |
Interest & Investment Income | 36.81 | 55.11 | 45.97 | 43.29 | 23.41 | 15.68 |
Other Non-Operating Income | -2.2 | -25.46 | -46.99 | -16.67 | -13.05 | -5.94 |
EBT Excluding Unusual Items | -101.07 | 25.55 | 26.8 | 19.52 | 123.55 | 163.32 |
Gain (Loss) on Sale of Investments | 55.33 | 87.16 | - | 16.4 | -566.03 | 14.58 |
Gain (Loss) on Sale of Assets | 11.25 | 838.54 | 16.05 | 71.2 | 100.63 | 50.77 |
Asset Writedown | -0.54 | -0.54 | - | -45.01 | -19.1 | -7.88 |
Other Unusual Items | 32.07 | - | - | - | - | -23.73 |
Pretax Income | -2.95 | 950.71 | 42.85 | 62.11 | -360.95 | 197.06 |
Income Tax Expense | 20.93 | 13.51 | 22.73 | 29.22 | 21.66 | -10.5 |
Earnings From Continuing Operations | -23.88 | 937.2 | 20.12 | 32.89 | -382.61 | 207.55 |
Net Income to Company | -23.88 | 937.2 | 20.12 | 32.89 | -382.61 | 207.55 |
Minority Interest in Earnings | 33.04 | -32.25 | 50.27 | 72.61 | 36.11 | -31.55 |
Net Income | 9.16 | 904.96 | 70.39 | 105.49 | -346.5 | 176 |
Preferred Dividends & Other Adjustments | 62.1 | 62.1 | 62.11 | 62.12 | 62.13 | 74.95 |
Net Income to Common | -52.95 | 842.85 | 8.28 | 43.38 | -408.63 | 101.05 |
Net Income Growth | - | 10085.51% | -80.92% | - | - | - |
Basic Shares Outstanding | 189 | 192 | 191 | 191 | 192 | 192 |
Diluted Shares Outstanding | 189 | 201 | 197 | 192 | 192 | 192 |
Shares Change | -5.98% | 2.25% | 2.49% | 0.04% | -0.18% | 0.51% |
EPS (Basic) | -0.28 | 4.40 | 0.04 | 0.23 | -2.13 | 0.53 |
EPS (Diluted) | -0.28 | 4.20 | 0.04 | 0.23 | -2.13 | 0.53 |
EPS Growth | - | 10398.18% | -82.39% | - | - | - |
Additional Metrics
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Sep '26 Sep 30, 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 |
Dividend Per Share | 0.740 | 0.740 | 0.740 | 0.675 | 2.120 | 2.120 |
Dividend Growth | 0% | 0% | 9.63% | -68.16% | 0% | -10.92% |
Operating Margin | 11.32% | 17.50% | 19.80% | 18.06% | 20.61% | 21.17% |
Profit Margin | -2.80% | 45.20% | 0.43% | 2.37% | -21.45% | 5.93% |
EBITDA | 786 | 788.11 | 820.8 | 760.15 | 891.85 | 764.04 |
EBITDA Margin | 41.53% | 42.27% | 43.20% | 41.46% | 46.82% | 44.81% |
D&A For Ebitda | 571.71 | 461.82 | 444.47 | 429.01 | 499.32 | 403.1 |
EBIT | 214.29 | 326.3 | 376.33 | 331.14 | 392.53 | 360.94 |
EBIT Margin | 11.32% | 17.50% | 19.80% | 18.06% | 20.61% | 21.17% |
Funds From Operations (FFO) | 475.02 | 485.42 | 468.47 | 502.15 | 637.61 | 571.03 |
FFO Per Share | 2.41 | 2.42 | 2.37 | 2.59 | 3.30 | 2.97 |
Adjusted Funds From Operations (AFFO) | - | 485.42 | 468.47 | 502.15 | 637.61 | 571.03 |
AFFO Per Share | - | 2.41 | 2.36 | 2.58 | 3.29 | 2.97 |
FFO Payout Ratio | 29.74% | 29.10% | 30.12% | 25.70% | 63.76% | 71.12% |
Effective Tax Rate | - | 1.42% | 53.05% | 47.05% | - | - |
Revenue as Reported | 1,843 | 1,810 | 1,788 | 1,811 | 1,800 | 1,589 |