Vornado Realty Trust (VNO)
NYSE: VNO · Real-Time Price · USD
34.38
+0.22 (0.64%)
Sep 24, 2026, 4:00 PM EDT - Market closed

Vornado Realty Trust Statistics

Total Valuation

VNO has a market cap or net worth of $6.99 billion. The enterprise value is $14.47 billion.

Market Cap6.99B
Enterprise Value 14.47B

Important Dates

The next confirmed earnings date is Monday, November 2, 2026, after market close.

Earnings Date Nov 2, 2026
Ex-Dividend Date Dec 18, 2025

Share Statistics

VNO has 203.37 million shares outstanding. The number of shares has decreased by -2.51% in one year.

Current Share Class 186.72M
Shares Outstanding 203.37M
Shares Change (YoY) -2.51%
Shares Change (QoQ) +2.38%
Owned by Insiders (%) 6.08%
Owned by Institutions (%) 93.26%
Float 156.53M

Valuation Ratios

The trailing PE ratio is 1,209.27.

Price/FFO Ratio 14.51
Price/AFFO Ratio -139.01
PE Ratio 1,209.27
Forward PE n/a
PS Ratio 3.72
Forward PS 3.58
PB Ratio 1.39
P/TBV Ratio 1.55
P/FCF Ratio n/a
P/OCF Ratio 17.89
PEG Ratio n/a
Financial Ratio History

Enterprise Valuation

EV / Earnings 2,503.13
EV / Sales 7.71
EV / EBITDA 18.76
EV / EBIT 57.47
EV / FCF n/a

Financial Position

The company has a current ratio of 5.34, with a Debt / Equity ratio of 1.22.

Current Ratio 5.34
Quick Ratio 5.02
Debt / Equity 1.22
Debt / EBITDA 10.07
Debt / FCF n/a
Interest Coverage 0.78

Financial Efficiency

Return on equity (ROE) is 0.60% and return on invested capital (ROIC) is 1.31%.

Return on Equity (ROE) 0.60%
Return on Assets (ROA) 1.01%
Return on Invested Capital (ROIC) 1.31%
Return on Capital Employed (ROCE) 1.65%
Weighted Average Cost of Capital (WACC) 7.52%
Revenue Per Employee $596,853
Profits Per Employee $1,838
Employee Count3,145
Asset Turnover 0.12
Inventory Turnover n/a

Taxes

In the past 12 months, VNO has paid $11.67 million in taxes.

Income Tax 11.67M
Effective Tax Rate 22.02%

Stock Price Statistics

The stock price has decreased by -17.57% in the last 52 weeks. The beta is 1.54, so VNO's price volatility has been higher than the market average.

Beta (5Y) 1.54
52-Week Price Change -17.57%
50-Day Moving Average 37.90
200-Day Moving Average 33.38
Relative Strength Index (RSI) 36.93
Average Volume (20 Days) 1,304,524

Short Selling Information

The latest short interest is 7,812, so 0.00% of the outstanding shares have been sold short.

Short Interest 7,812
Short Previous Month 17,297
Short % of Shares Out 0.00%
Short % of Float 0.00%
Short Ratio (days to cover) 0.01

Income Statement

In the last 12 months, VNO had revenue of $1.88 billion and earned $5.78 million in profits. Earnings per share was $0.03.

Revenue1.88B
Gross Profit 930.95M
Operating Income 251.84M
Pretax Income 53.00M
Net Income 5.78M
EBITDA 771.63M
EBIT 251.84M
Earnings Per Share (EPS) $0.03
Full Income Statement

Balance Sheet

The company has $710.46 million in cash and $8.19 billion in debt, with a net cash position of -$7.48 billion or -$36.78 per share.

Cash & Cash Equivalents 710.46M
Total Debt 8.19B
Net Cash -7.48B
Net Cash Per Share -$36.78
Equity (Book Value) 6.70B
Book Value Per Share 24.66
Working Capital 1.54B
Full Balance Sheet

Cash Flow

In the last 12 months, operating cash flow was $390.89 million and capital expenditures -$807.22 million, giving a free cash flow of -$416.33 million.

Operating Cash Flow 390.89M
Capital Expenditures -807.22M
Depreciation & Amortization 520.23M
Net Borrowing n/a
Free Cash Flow -416.33M
FCF Per Share -$2.05
Full Cash Flow Statement

Margins

Gross margin is 49.60%, with operating and profit margins of 13.42% and 3.62%.

Gross Margin 49.60%
Operating Margin 13.42%
Pretax Margin 2.82%
Profit Margin 3.62%
EBITDA Margin 41.11%
EBIT Margin 13.42%
FCF Margin n/a

Dividends & Yields

This stock pays an annual dividend of $0.74, which amounts to a dividend yield of 2.15%.

Dividend Per Share $0.74
Dividend Yield 2.15%
Dividend Growth (YoY) n/a
Years of Dividend Growth n/a
Payout Ratio 2,433.65%
FCF Payout Ratio n/a
Buyback Yield 2.51%
Shareholder Yield 4.66%
Earnings Yield 0.08%
FCF Yield -5.95%
Dividend Details

Analyst Forecast

The average price target for VNO is $39.92, which is 16.11% higher than the current price. The consensus rating is "Hold".

Price Target $39.92
Price Target Difference 16.11%
Analyst Consensus Hold
Analyst Count 13
Revenue Growth Forecast (3Y) 4.71%
EPS Growth Forecast (3Y) 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