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 revenue by segment
By business segment
| Revenue | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | % of revenue | YoY |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| New York | $1.48B | $1.47B | $1.45B | $1.45B | $1.26B | $1.22B | $1.58B | $1.84B | $1.78B | $1.71B | 81.6% | +0.3% |
| Other | $333.90M | $315.69M | $359.01M | $350.55M | $331.61M | $306.20M | $346.84M | $327.68M | $304.82M | $290.37M | 18.4% | +5.8% |
| Washington DC | – | – | – | – | – | – | – | – | – | $518.12M | – | – |
| Operating income | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | YoY |
|---|---|---|---|---|---|---|---|---|---|---|---|
| New York | – | – | – | – | – | – | – | – | – | $619.79M | – |
| Other | – | – | – | – | – | – | – | – | – | -$58.25M | – |
| Washington DC | – | – | – | – | – | – | – | – | – | -$10.75M | – |
By product or service
| Revenue | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | % of revenue | YoY |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Rental revenues | $1.56B | $1.57B | $1.61B | $1.61B | $1.42B | $1.38B | $1.77B | $2.01B | $1.95B | – | 86.1% | -0.7% |
| Fee and other income | $252.18M | $218.88M | $203.68M | $192.31M | $164.68M | $150.32M | $157.48M | $156.39M | $135.75M | – | 13.9% | +15.2% |
| BMS cleaning fees | $157.69M | $149.23M | $141.94M | $137.67M | $119.78M | $105.54M | $124.67M | $120.36M | $104.14M | – | 8.7% | +5.7% |
| Other income | $82.93M | $54.98M | $48.70M | $43.60M | $33.17M | $25.36M | $19.26M | $22.71M | $21.52M | – | 4.6% | +50.9% |
| Tenant services | $45.24M | $41.55M | $42.46M | $45.21M | $37.45M | $34.24M | $47.51M | $53.92M | $54.04M | – | 2.5% | +8.9% |
| Parking revenues | $20.32M | $19.21M | $20.36M | $19.16M | $13.39M | – | – | – | – | – | 1.1% | +5.8% |
| Management and leasing fees | $11.56M | $14.68M | $13.04M | $11.04M | $11.73M | $19.42M | $13.54M | $13.32M | $10.09M | – | 0.6% | -21.2% |
| Trade shows | – | – | – | – | – | – | – | $42.68M | $42.21M | $42.70M | – | – |
| Hotel Pennsylvania site | – | – | – | – | – | – | – | $94.40M | $89.30M | $80.79M | – | – |
| Real Estate | – | – | – | – | – | – | – | $2.16B | $2.08B | $2.00B | – | – |
By region
From the segment and revenue-disaggregation notes of Vornado Realty Trust's 10-K and 10-Q filings (XBRL). Fourth-quarter figures are the fiscal year less the first nine months. Segment names follow the company's own labels and can change when it reorganizes.