VNONYSEReal Estate Investment TrustsFiscal year ends December 31Also trades as VNO.PL, VNO.PM, VNO.PN, VNO.PO, VNORP

VORNADO REALTY TRUST

Financials through Q2 FY2026, quarter ended Jun 30, 2026Last filing: 10-Q on Aug 3, 2026

$32.19−0.74 (-2.25%)

Close on Oct 19, 2026

Market cap: $6.25B
P/E (TTM): 1609.5
Dividend yield: 2.30%

VORNADO REALTY TRUST income statement

Millions of USD, except per-share data. Shares in millions.

Line item	FY 2025 2025-12-31	FY 2024 2024-12-31	FY 2023 2023-12-31	FY 2022 2022-12-31	FY 2021 2021-12-31	FY 2020 2020-12-31	FY 2019 2019-12-31	FY 2018 2018-12-31	FY 2017 2017-12-31	FY 2016 2016-12-31	FY 2015 2015-12-31	FY 2014 2014-12-31	FY 2013 2013-12-31	FY 2012 2012-12-31	FY 2011 2011-12-31	FY 2010 2010-12-31	FY 2009 2009-12-31	FY 2008 2008-12-31	FY 2007 2007-12-31
Revenue	1,810	1,788	1,811	1,800	1,589	1,528	1,925	2,164	2,084	2,004	1,985	2,313	2,299	2,649	2,703	2,558	2,656	2,640	2,405
General & Administrative	156	149	163	134	135	182	170	142	151	144	149	169	177	190	209	211	231	194	189
Operating Expenses	1,552	1,542	1,565	1,534	1,368	1,551	1,625	1,581	1,475	1,424	1,366	1,623	1,625	1,921	1,891	1,799	1,874	1,049	950
Operating Income	–	–	–	–	–	–	–	583	609	580	619	690	675	728	812	759	781	787	815
Interest & Investment Income	–	–	–	–	–	–	–	–	–	–	–	–	–	-261	149	235	-116	-2.75	226
Income from Equity Investments	141	112	39	-461	131	-329	–	–	–	–	-13	-60	-341	423	119	92	72	-157	32
Other Non-Operating Income	–	0	0	0.24	1.81	3.63	3.71	4.05	5.06	3.69	7.92	8.38	5.32	6.92	7.79	–	–	–	–
Merger & Restructuring Charges	2.53	5.24	51	32	14	–	–	–	–	–	–	–	–	–	–	–	–	–	–
Asset Impairment Charges	–	–	–	–	–	–	102	12	0	-176	-252	27	37	134	58	137	–	–	–
Gain (Loss) on Investments	–	–	–	–	–	-28	-168	-4.10	–	–	–	–	–	–	–	–	–	–	–
Gain (Loss) on Sale of Assets	35	16	71	101	51	381	845	246	0.50	–	–	–	–	–	–	–	–	–	–
Legal Settlements	–	–	–	–	–	–	–	–	–	–	–	–	60	–	–	–	–	–	–
Pretax Income	951	43	62	-361	197	-425	3,438	460	320	585	551	433	-12	482	598	723	99	–	–
Income Tax Expense	14	23	29	22	-10	37	103	38	42	7.92	-85	9.28	-8.72	8.13	24	22	21	-205	9.18
Income from Continuing Operations	–	–	–	–	176	-297	3,148	449	240	527	550	313	-57	408	507	642	60	194	540
Income from Discontinued Operations	–	–	–	–	0	0	-0.03	0.64	-13	405	224	586	568	220	165	6.83	50	181	–
Net Income incl. Noncontrolling Interests	937	20	33	-383	208	-462	3,334	423	264	982	859	1,009	565	695	740	708	128	411	608
Minority Interest in Earnings	–	–	–	–	–	–	–	–	–	21	56	97	89	77	-78	–	22	52	66
Net Income	905	70	105	-346	176	-297	3,148	450	227	907	760	865	476	617	662	648	106	359	542
Preferred Dividends	62	62	62	62	66	52	50	51	65	76	81	81	83	77	66	56	57	57	-57
Net Income to Common	843	8.28	43	-409	101	-349	3,098	385	162	824	680	783	392	549	602	597	49	302	484
EPS (Basic)(per share)	4.40	0.04	0.23	-2.13	0.53	-1.83	16.23	2.02	0.85	4.36	3.61	4.18	2.10	2.95	3.26	3.27	0.28	1.96	3.18
EPS (Diluted)(per share)	4.20	0.04	0.23	-2.13	0.53	-1.83	16.21	2.01	0.85	4.34	3.59	4.15	2.09	2.94	3.23	3.24	0.28	1.91	3.05
Shares Outstanding (Basic, Weighted)(shares)	192	191	191	192	192	191	191	190	190	189	188	188	187	186	184	182	172	154	152
Shares Outstanding (Diluted, Weighted)(shares)	201	197	192	192	192	191	191	191	191	190	190	189	188	187	186	184	174	158	159
Dividend per Share(per share)	0.74	0.74	0.68	2.12	2.12	2.38	2.64	2.52	2.62	–	–	–	–	–	–	–	–	–	–
EBITDA	–	–	–	–	–	–	–	1,056	1,138	1,175	1,186	1,273	1,237	1,286	1,393	1,315	1,340	1,365	1,361
Provision for Credit Losses	0	0	8.27	0	0	13	0	1.91	–	–	–	–	–	–	–	–	–	–	–

Italic numbers are calculated by StockData (for example Q4 = full year − nine months). Per-share data and share counts are adjusted for stock splits. Hover a number for its source; click it to open the filing on SEC.gov. Click a row to chart it.

Ratios

Latest available, balances at Jun 30, 2026

Profitability, TTM

Gross margin: –
Operating margin: –
Net margin: 3.7%
Return on equity, FY2025: 16.2%

Financial strength

Current ratio: –
Debt to equity: –
Debt to assets: –
Cash to current liabilities: –

Valuation

P/E ratio: 1609.5
Price to sales: 3.42
Price to book: 1.08
Dividend yield: 2.30%