VNO
Vornado Realty Trust
$36.59
+0.05
(+0.14%)
Mkt Cap
6.90B
Volume
639,106
52W Range
24.57-43.37
Sector
Real Estate
Beta
1.55
EPS (TTM)
3.81 USD
P/E Ratio
9.62
Revenue (TTM)
1.81B USD
Rev Growth (5Y)
+3.5%
EPS Growth (5Y)
-1.6%
AlphaVal · Fair Value
What we estimate one share is worth
$79.12
Undervalued
strong signal
53.6% below fair value
Modeled from cash flows & growth.
AlphaQuality · Grade
How strong & durable the business is
B
Real Estate Investment Trust
73.3 / 100 composite
A real-estate investment trust — graded A–F vs. similar companies.
Company Description
Vornado's property holdings are predominantly focused on the crucial New York City market, complemented by a top-tier asset in both Chicago and San Francisco. The company is also at the forefront of the real estate sector regarding its sustainability initiatives. Demonstrating this commitment, Vornado manages an extensive portfolio exceeding 23 million square feet of LEED-certified buildings and was recognized with the Energy Star Partner of the Year Award for Sustained Excellence in 2019. A significant corporate milestone was reached in 2012 when Vornado celebrated five decades of being listed on the New York Stock Exchange.
Track Record
Showing latest 4 periods • Swipe for more
| Metric | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 1.81B | 1.79B | 1.81B | 1.80B | 1.59B | 1.53B | 1.92B | 2.16B | 2.08B | 2.51B | 2.50B | 2.64B |
| Net Income | 904.96M | 70.39M | 105.49M | (346.50M) | 176.00M | (297.00M) | 3.15B | 449.95M | 227.42M | 960.57M | 760.43M | 864.85M |
| EPS | 4.40 | 0.04 | 0.23 | -2.13 | 0.53 | -1.83 | 16.23 | 2.36 | 0.85 | 5.08 | 3.61 | 4.18 |
| Free Cash Flow | 1.26B | 537.72M | 648.15M | 798.94M | 761.81M | 29.19M | 223.60M | 728.03M | 504.29M | 250.59M | 196.33M | 1.14B |
| FCF / Share | 6.56 | 2.82 | 3.39 | 4.17 | 3.98 | 0.15 | 1.17 | 3.82 | 2.66 | 1.33 | 1.04 | 6.05 |
| Operating CF | 1.26B | 537.72M | 648.15M | 798.94M | 761.81M | 424.24M | 662.54M | 802.64M | 860.14M | 1.00B | 672.15M | 1.14B |
| Total Assets | 15.52B | 16.00B | 16.19B | 16.49B | 17.27B | 16.22B | 18.29B | 17.18B | 17.40B | 20.81B | 21.14B | 21.25B |
| Total Debt | 7.89B | 8.99B | 8.98B | 9.13B | 8.99B | 7.80B | 7.90B | 9.84B | 9.73B | 10.61B | 11.09B | 10.90B |
| Cash & Equiv | 840.85M | 733.95M | 997.00M | 889.69M | 1.76B | 1.62B | 1.52B | 570.92M | 1.82B | 1.50B | 1.84B | 1.20B |
| Book Value | 5.99B | 5.16B | 5.51B | 5.84B | 6.24B | 6.53B | 6.73B | 4.47B | 4.34B | 6.90B | 6.70B | 6.75B |
| Return on Equity | 0.15 | 0.01 | 0.02 | -0.06 | 0.03 | -0.05 | 0.47 | 0.10 | 0.05 | 0.14 | 0.11 | 0.13 |
| Metric | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 459.11M | 453.71M | 453.70M | 441.44M | 461.58M | 457.79M | 443.25M | 450.27M | 436.38M | 441.89M | 451.00M | 472.36M |
| Net Income | (7.32M) | 16.13M | 27.11M | 759.35M | 102.37M | 16.73M | (3.63M) | 50.79M | 6.50M | (45.48M) | 68.38M | 61.91M |
| EPS | -0.12 | 0.00 | 0.06 | 3.87 | 0.45 | 0.01 | -0.10 | 0.19 | -0.05 | -0.32 | 0.28 | 0.24 |
| Free Cash Flow | 47.75M | 146.27M | 33.17M | 1.03B | 52.03M | 206.18M | 105.38M | 194.68M | 31.48M | 211.28M | 62.13M | 282.87M |
| FCF / Share | 0.25 | 0.76 | 0.17 | 5.35 | 0.27 | 1.08 | 0.55 | 1.02 | 0.17 | 1.11 | 0.33 | 1.48 |
| Operating CF | 47.75M | 146.27M | 33.17M | 1.03B | 52.03M | 206.18M | 105.38M | 194.68M | 31.48M | 211.28M | 62.13M | 282.87M |
| Total Assets | 15.92B | 15.52B | 15.75B | 15.61B | 15.60B | 16.00B | 16.08B | 16.21B | 16.21B | 16.19B | 16.45B | 16.44B |
| Total Debt | 8.41B | 7.89B | 7.89B | 7.81B | 8.53B | 8.99B | 8.99B | 8.98B | 8.99B | 8.98B | 9.01B | 9.02B |
| Cash & Equiv | 1.08B | 840.85M | 1.01B | 1.20B | 568.86M | 733.95M | 783.60M | 872.61M | 892.65M | 997.00M | 1.00B | 1.13B |
| Book Value | 6.02B | 5.99B | 6.07B | 6.09B | 5.31B | 5.16B | 5.28B | 5.63B | 5.54B | 5.51B | 5.81B | 5.73B |
| Return on Equity | -0.00 | 0.00 | 0.00 | 0.12 | 0.02 | 0.00 | -0.00 | 0.01 | 0.00 | -0.01 | 0.01 | 0.01 |
VNO News
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Vornado Realty: PENN District Drives Remarkable Quarter For Leasing Volume
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Vornado Realty Trust Q2 Earnings Call Highlights