Vornado Realty Trust (VNO)
NYSE: VNO · Real-Time Price · USD
41.29
+1.40 (3.51%)
Sep 5, 2025, 4:00 PM - Market closed

Vornado Realty Trust Statistics

Total Valuation

VNO has a market cap or net worth of $8.62 billion. The enterprise value is $15.24 billion.

Market Cap8.62B
Enterprise Value 15.24B

Important Dates

The next estimated earnings date is Monday, November 3, 2025, after market close.

Earnings Date Nov 3, 2025
Ex-Dividend Date Dec 16, 2024

Share Statistics

VNO has 208.75 million shares outstanding. The number of shares has increased by 4.12% in one year.

Current Share Class 192.04M
Shares Outstanding 208.75M
Shares Change (YoY) +4.12%
Shares Change (QoQ) +0.16%
Owned by Insiders (%) 5.41%
Owned by Institutions (%) 86.17%
Float 160.15M

Valuation Ratios

The trailing PE ratio is 10.14.

Price/FFO Ratio 17.50
Price/AFFO Ratio -139.01
PE Ratio 10.14
Forward PE n/a
PS Ratio 4.18
Forward PS 4.75
PB Ratio 1.62
P/TBV Ratio 1.80
P/FCF Ratio n/a
P/OCF Ratio 6.20
PEG Ratio n/a
Financial Ratio History

Enterprise Valuation

EV / Earnings 18.75
EV / Sales 8.06
EV / EBITDA 18.55
EV / EBIT 42.09
EV / FCF n/a

Financial Position

The company has a current ratio of 6.90, with a Debt / Equity ratio of 1.12.

Current Ratio 6.90
Quick Ratio 6.43
Debt / Equity 1.12
Debt / EBITDA 8.91
Debt / FCF n/a
Interest Coverage 1.03

Financial Efficiency

Return on equity (ROE) is 13.40% and return on invested capital (ROIC) is 1.49%.

Return on Equity (ROE) 13.40%
Return on Assets (ROA) 1.42%
Return on Invested Capital (ROIC) 1.49%
Return on Capital Employed (ROCE) 2.37%
Revenue Per Employee $630,769
Profits Per Employee $271,265
Employee Count2,996
Asset Turnover 0.12
Inventory Turnover n/a

Taxes

In the past 12 months, VNO has paid $22.02 million in taxes.

Income Tax 22.02M
Effective Tax Rate 2.39%

Stock Price Statistics

The stock price has increased by +22.60% in the last 52 weeks. The beta is 1.58, so VNO's price volatility has been higher than the market average.

Beta (5Y) 1.58
52-Week Price Change +22.60%
50-Day Moving Average 38.14
200-Day Moving Average 39.26
Relative Strength Index (RSI) 67.23
Average Volume (20 Days) 1,818,246

Short Selling Information

The latest short interest is 10.01 million, so 4.80% of the outstanding shares have been sold short.

Short Interest 10.01M
Short Previous Month 10.13M
Short % of Shares Out 4.80%
Short % of Float 6.25%
Short Ratio (days to cover) 6.77

Income Statement

In the last 12 months, VNO had revenue of $1.89 billion and earned $812.71 million in profits. Earnings per share was $4.07.

Revenue1.89B
Gross Profit 973.50M
Operating Income 361.98M
Pretax Income 112.26M
Net Income 812.71M
EBITDA 821.47M
EBIT 361.98M
Earnings Per Share (EPS) $4.07
Full Income Statement

Balance Sheet

The company has $1.24 billion in cash and $7.86 billion in debt, giving a net cash position of -$6.62 billion or -$31.70 per share.

Cash & Cash Equivalents 1.24B
Total Debt 7.86B
Net Cash -6.62B
Net Cash Per Share -$31.70
Equity (Book Value) 7.01B
Book Value Per Share 25.57
Working Capital 1.99B
Full Balance Sheet

Cash Flow

Operating Cash Flow 1.39B
Capital Expenditures n/a
Free Cash Flow n/a
FCF Per Share n/a
Full Cash Flow Statement

Margins

Gross margin is 51.51%, with operating and profit margins of 19.15% and 46.29%.

Gross Margin 51.51%
Operating Margin 19.15%
Pretax Margin 48.75%
Profit Margin 46.29%
EBITDA Margin 43.47%
EBIT Margin 19.15%
FCF Margin n/a

Dividends & Yields

This stock pays an annual dividend of $0.74, which amounts to a dividend yield of 1.79%.

Dividend Per Share $0.74
Dividend Yield 1.79%
Dividend Growth (YoY) 9.63%
Years of Dividend Growth 1
Payout Ratio 18.17%
Buyback Yield -4.12%
Shareholder Yield -2.32%
Earnings Yield 9.43%
FCF Yield n/a
Dividend Details

Analyst Forecast

The average price target for VNO is $37.90, which is -8.21% lower than the current price. The consensus rating is "Hold".

Price Target $37.90
Price Target Difference -8.21%
Analyst Consensus Hold
Analyst Count 10
Revenue Growth Forecast (5Y) 3.43%
EPS Growth Forecast (5Y) 68.63%
Stock Forecasts

Fair Value

There are several formulas that can be used to estimate the intrinsic value of a stock.

Lynch Fair Value
Lynch Upside
Graham Number
Graham Upside

Stock Splits

The last stock split was on October 21, 1997. It was a forward split with a ratio of 2:1.

Last Split Date Oct 21, 1997
Split Type Forward
Split Ratio 2:1

Scores

Altman Z-Score n/a
Piotroski F-Score 6