Vornado Realty Trust Ratios and Metrics

Market cap in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	Current	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 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
Market Cap	5,214	6,345	8,023	5,379	3,993	8,026
Market Cap Growth	-22.82%	-20.91%	49.17%	34.71%	-50.25%	12.32%
Enterprise Value	12,250	15,390	18,478	15,383	13,612	17,402
Last Close Price	25.26	33.28	42.04	28.25	20.81	41.86
PE Ratio	5.88	7.92	1051.00	122.83	-9.77	78.98
PS Ratio	2.77	3.50	4.49	2.97	2.22	5.05
PB Ratio	0.98	1.06	1.56	0.98	0.68	1.29
P/TBV Ratio	0.87	1.12	1.60	0.98	0.68	1.29
P/FCF Ratio	-	11.56	111.26	-35.95	-39.20	342.90
P/OCF Ratio	4.11	5.04	14.92	8.30	5.00	10.53
EV/Sales Ratio	6.57	8.50	10.34	8.49	7.56	10.95
EV/EBITDA Ratio	15.54	20.79	25.83	21.86	17.19	26.61
EV/EBIT Ratio	37.54	59.49	75.12	62.53	51.22	78.62
EV/FCF Ratio	-	28.04	256.25	-102.83	-133.65	743.50
Debt / Equity Ratio	1.16	1.16	1.46	1.42	1.40	1.25
Debt / EBITDA Ratio	60.70	10.65	12.57	12.77	11.52	13.74
Debt / FCF Ratio	14.08	14.37	124.71	-60.06	-89.59	383.94
Net Debt / Equity Ratio	1.18	1.18	1.60	1.45	1.33	1.16
Net Debt / EBITDA Ratio	54.23	9.52	11.54	11.35	9.80	11.05
Net Debt / FCF Ratio	12.57	12.84	114.53	-53.39	-76.22	308.73
Asset Turnover	0.11	0.11	0.11	0.11	0.11	0.09
Quick Ratio	0.84	0.84	0.84	1.05	1.35	1.49
Current Ratio	0.96	0.96	1.06	1.31	1.52	1.67
Return on Equity (ROE)	14.51%	14.44%	0.32%	0.51%	-5.58%	2.53%
Return on Assets (ROA)	-2.21%	1.62%	0.72%	0.80%	1.67%	1.25%
Return on Invested Capital (ROIC)	-2.39%	1.75%	0.78%	0.88%	1.91%	1.44%
Return on Capital Employed (ROCE)	-2.39%	1.76%	1.63%	1.61%	1.69%	1.42%
Earnings Yield	16.31%	12.62%	0.10%	0.81%	-10.24%	1.27%
FCF Yield	-	8.65%	0.90%	-2.78%	-2.55%	0.29%
Dividend Yield	2.92%	2.21%	1.76%	2.39%	10.19%	5.06%
Payout Ratio	17.62%	16.76%	1705.17%	297.54%	-99.50%	401.75%
Buyback Yield / Dilution	-2.25%	-2.25%	-2.49%	-0.04%	0.18%	-0.50%
Total Shareholder Return	0.67%	-0.04%	-0.72%	2.35%	10.37%	4.57%

Updated Dec 31, 2025. Data Source: Fiscal.ai. Real Estate template. Financial Sources.

SEC Filings: 10-K · 10-Q