Vornado Realty Trust (VNO)
NYSE: VNO · Real-Time Price · USD
26.12
+0.10 (0.38%)
At close: Mar 24, 2026, 4:00 PM EDT
26.40
+0.28 (1.07%)
After-hours: Mar 24, 2026, 7:29 PM EDT

Vornado Realty Trust Statistics

Total Valuation

VNO has a market cap or net worth of $4.98 billion. The enterprise value is $12.06 billion.

Market Cap4.98B
Enterprise Value 12.06B

Important Dates

The next estimated earnings date is Monday, May 4, 2026, after market close.

Earnings Date May 4, 2026
Ex-Dividend Date Dec 18, 2025

Share Statistics

VNO has 190.67 million shares outstanding. The number of shares has increased by 2.25% in one year.

Current Share Class 189.78M
Shares Outstanding 190.67M
Shares Change (YoY) +2.25%
Shares Change (QoQ) -4.25%
Owned by Insiders (%) 5.59%
Owned by Institutions (%) 83.67%
Float 157.42M

Valuation Ratios

The trailing PE ratio is 6.22 and the forward PE ratio is 256.02.

Price/FFO Ratio 10.79
Price/AFFO Ratio -139.01
PE Ratio 6.22
Forward PE 256.02
PS Ratio 2.67
Forward PS 2.75
PB Ratio 1.04
P/TBV Ratio 1.06
P/FCF Ratio n/a
P/OCF Ratio 3.96
PEG Ratio n/a
Financial Ratio History

Enterprise Valuation

EV / Earnings 14.31
EV / Sales 6.47
EV / EBITDA 15.31
EV / EBIT 36.97
EV / FCF n/a

Financial Position

The company has a current ratio of 1.48, with a Debt / Equity ratio of 1.17.

Current Ratio 1.48
Quick Ratio 1.37
Debt / Equity 1.17
Debt / EBITDA 9.49
Debt / FCF n/a
Interest Coverage 0.99

Financial Efficiency

Return on equity (ROE) is 14.44% and return on invested capital (ROIC) is 2.17%.

Return on Equity (ROE) 14.44%
Return on Assets (ROA) 1.29%
Return on Invested Capital (ROIC) 2.17%
Return on Capital Employed (ROCE) 2.30%
Weighted Average Cost of Capital (WACC) 7.41%
Revenue Per Employee $592,868
Profits Per Employee $267,997
Employee Count3,145
Asset Turnover 0.12
Inventory Turnover n/a

Taxes

In the past 12 months, VNO has paid $13.51 million in taxes.

Income Tax 13.51M
Effective Tax Rate 1.42%

Stock Price Statistics

The stock price has decreased by -31.71% in the last 52 weeks. The beta is 1.53, so VNO's price volatility has been higher than the market average.

Beta (5Y) 1.53
52-Week Price Change -31.71%
50-Day Moving Average 29.50
200-Day Moving Average 35.73
Relative Strength Index (RSI) 39.40
Average Volume (20 Days) 2,499,632

Short Selling Information

The latest short interest is 9.01 million, so 4.73% of the outstanding shares have been sold short.

Short Interest 9.01M
Short Previous Month 7.99M
Short % of Shares Out 4.73%
Short % of Float 5.72%
Short Ratio (days to cover) 3.80

Income Statement

In the last 12 months, VNO had revenue of $1.86 billion and earned $842.85 million in profits. Earnings per share was $4.20.

Revenue1.86B
Gross Profit 944.61M
Operating Income 326.30M
Pretax Income 950.71M
Net Income 842.85M
EBITDA 788.11M
EBIT 326.30M
Earnings Per Share (EPS) $4.20
Full Income Statement

Balance Sheet

The company has $854.88 million in cash and $7.94 billion in debt, with a net cash position of -$7.08 billion or -$37.15 per share.

Cash & Cash Equivalents 854.88M
Total Debt 7.94B
Net Cash -7.08B
Net Cash Per Share -$37.15
Equity (Book Value) 6.80B
Book Value Per Share 25.20
Working Capital 644.07M
Full Balance Sheet

Cash Flow

Operating Cash Flow 1.26B
Capital Expenditures n/a
Depreciation & Amortization 462.20M
Net Borrowing n/a
Free Cash Flow n/a
FCF Per Share n/a
Full Cash Flow Statement

Margins

Gross margin is 50.66%, with operating and profit margins of 17.50% and 48.53%.

Gross Margin 50.66%
Operating Margin 17.50%
Pretax Margin 50.99%
Profit Margin 48.53%
EBITDA Margin 42.27%
EBIT Margin 17.50%
FCF Margin n/a

Dividends & Yields

This stock pays an annual dividend of $0.74, which amounts to a dividend yield of 2.84%.

Dividend Per Share $0.74
Dividend Yield 2.84%
Dividend Growth (YoY) n/a
Years of Dividend Growth n/a
Payout Ratio 17.62%
Buyback Yield -2.25%
Shareholder Yield 0.58%
Earnings Yield 16.92%
FCF Yield n/a
Dividend Details

Analyst Forecast

The average price target for VNO is $36.11, which is 38.25% higher than the current price. The consensus rating is "Hold".

Price Target $36.11
Price Target Difference 38.25%
Analyst Consensus Hold
Analyst Count 9
Revenue Growth Forecast (5Y) 2.95%
EPS Growth Forecast (5Y) n/a
Stock Forecasts

Fair Value

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

Lynch Fair Value n/a
Lynch Upside n/a
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 5