Vornado Realty Trust (VNO) stock
VNONYSEReal Estate Investment TrustsFiscal year ends December 31Also trades as VNO.PL, VNO.PM, VNO.PN, VNO.PO, VNORP
Financials through Q2 FY2026, quarter ended Jun 30, 2026Last filing: 10-Q on Nov 2, 2026Score 8/301% below fair value
$34.71+0.00 (0.00%)
Close on Nov 13, 2026Market cap $6.48BP/E 1735.5Yield 2.13%
Vornado Realty Trust operating margin
Operating margin is operating income as a percentage of revenue.
Vornado Realty Trust's operating margin for the twelve months ending Dec 31, 2018 was 26.9%. For fiscal 2018 it was 26.9%, against 29.2% the year before. The highest annual figure on record is 33.9% in fiscal 2007.
Annual operating margin
| Period | Period end | Value | Change (pts) |
|---|---|---|---|
| FY2018 | Dec 31, 2018 | 26.9% | −2.3 |
| FY2017 | Dec 31, 2017 | 29.2% | +0.3 |
| FY2016 | Dec 31, 2016 | 28.9% | −2.3 |
| FY2015 | Dec 31, 2015 | 31.2% | +1.4 |
| FY2014 | Dec 31, 2014 | 29.8% | +0.5 |
| FY2013 | Dec 31, 2013 | 29.3% | +1.9 |
| FY2012 | Dec 31, 2012 | 27.5% | −2.6 |
| FY2011 | Dec 31, 2011 | 30.1% | +0.4 |
| FY2010 | Dec 31, 2010 | 29.7% | +0.3 |
| FY2009 | Dec 31, 2009 | 29.4% | −0.4 |
| FY2008 | Dec 31, 2008 | 29.8% | −4.1 |
| FY2007 | Dec 31, 2007 | 33.9% | – |
Quarterly operating margin
Change is against the same quarter a year earlier.
| Period | Period end | Value | Change (pts) |
|---|---|---|---|
| Q4 FY2018 | Dec 31, 2018 | 24.8% | −5.0 |
| Q3 FY2018 | Sep 30, 2018 | 29.0% | −1.7 |
| Q2 FY2018 | Jun 30, 2018 | 28.9% | −1.2 |
| Q1 FY2018 | Mar 31, 2018 | 24.9% | −1.0 |
| Q4 FY2017 | Dec 31, 2017 | 29.8% | +0.2 |
| Q3 FY2017 | Sep 30, 2017 | 30.7% | +1.2 |
| Q2 FY2017 | Jun 30, 2017 | 30.1% | – |
| Q1 FY2017 | Mar 31, 2017 | 25.9% | – |
| Q4 FY2016 | Dec 31, 2016 | 29.6% | – |
| Q3 FY2016 | Sep 30, 2016 | 29.5% | – |
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