Vornado Financial Statements From 2010 to 2025

VNO Stock  USD 43.26  0.68  1.60%   
Vornado Realty financial statements provide useful quarterly and yearly information to potential Vornado Realty Trust investors about the company's current and past financial position, as well as its overall management performance and changes in financial position over time. Historical trend examination of various income statement and balance sheet accounts found on Vornado Realty financial statements helps investors assess Vornado Realty's valuation, profitability, and current liquidity needs. Key fundamental drivers impacting Vornado Realty's valuation are summarized below:
Gross Profit
959.5 M
Profit Margin
0.0044
Market Capitalization
8.8 B
Enterprise Value Revenue
9.8792
Revenue
1.9 B
We have found one hundred twenty available fundamental trend indicators for Vornado Realty Trust, which can be analyzed and compared to other ratios and to its competition. Self-guided Investors are advised to double-check Vornado Realty's current fundamentals against the trend between 2010 and 2025 to make sure the company can sustain itself down the road. As of the 1st of February 2025, Market Cap is likely to grow to about 3.6 B. Also, Enterprise Value is likely to grow to about 19.9 B

Vornado Realty Total Revenue

1.74 Billion

Check Vornado Realty financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Vornado Realty's main balance sheet or income statement drivers, such as Interest Expense of 243 M, Other Operating Expenses of 1 B or Operating Income of 522.2 M, as well as many indicators such as Price To Sales Ratio of 5.41, Dividend Yield of 0.0715 or PTB Ratio of 0.93. Vornado financial statements analysis is a perfect complement when working with Vornado Realty Valuation or Volatility modules.
  
Check out the analysis of Vornado Realty Correlation against competitors.

Vornado Realty Balance Sheet

Current ValueLast YearHistorical Average 10 Year Trend
Common Stock Shares Outstanding132.9 M220.6 M179.6 M
Slightly volatile
Total Assets13.6 B18.6 B17.3 B
Very volatile
Short and Long Term Debt TotalB10.3 B9.1 B
Very volatile
Total Stockholder Equity4.4 B6.3 B5.7 B
Pretty Stable
Property Plant And Equipment Net742.9 M782.1 MB
Slightly volatile
Net Debt6.2 B9.2 B7.9 B
Very volatile
Cash798.8 M1.1 B1.1 B
Slightly volatile
Non Current Assets Total11.5 B16.1 B15.1 B
Very volatile
Other Assets151.6 M159.6 M2.3 B
Slightly volatile
Cash And Short Term Investments815.4 M1.1 B1.1 B
Slightly volatile
Liabilities And Stockholders Equity13.6 B18.6 B17.3 B
Very volatile
Non Current Liabilities Total7.3 B10.1 B9.4 B
Very volatile
Total Liabilities7.9 B11.3 B10.3 B
Very volatile
Total Current Assets1.7 B2.4 B2.2 B
Slightly volatile
Net Receivables731.1 M886.9 M874.2 M
Very volatile
Total Current Liabilities996 M1.2 B915.9 M
Pretty Stable
Property Plant And Equipment Gross742.9 M782.1 M6.3 B
Slightly volatile
Common Stock Total Equity7.1 M8.8 M7.3 M
Slightly volatile
Common Stock8.3 M8.7 M2.3 B
Slightly volatile
Other Liabilities683 M408.2 M660.5 M
Pretty Stable
Long Term Debt8.9 B8.8 B8.7 B
Very volatile
Short Term Investments242.4 M159.6 M207.5 M
Pretty Stable
Preferred Stock Total Equity971.6 M1.4 B1.1 B
Pretty Stable
Intangible Assets198.9 M114.4 M181.6 M
Slightly volatile
Short Term Debt698.5 M661.2 M629.4 M
Pretty Stable
Net Tangible Assets4.7 B4.5 B5.7 B
Slightly volatile
Long Term Debt Total7.4 B7.6 BB
Slightly volatile
Capital Surpluse8.3 B9.6 B7.7 B
Slightly volatile
Long Term Investments2.7 BB2.5 B
Slightly volatile
Non Current Liabilities Other688.2 M357.8 M598.9 M
Pretty Stable
Warrants740.5 M393.1 M852.6 M
Slightly volatile
Current Deferred Revenue27.5 M29 M241.4 M
Slightly volatile
Short and Long Term Debt694.3 M661.2 M241.9 M
Slightly volatile
Cash And Equivalents1.1 B800.7 M1.3 B
Slightly volatile
Net Invested Capital10.5 B11.3 B12.9 B
Slightly volatile
Net Working Capital1.3 B945.4 M1.9 B
Slightly volatile
Capital Stock1.2 B1.4 BB
Slightly volatile
Capital Lease Obligations602.4 M842.8 M541.7 M
Slightly volatile

Vornado Realty Income Statement

Current ValueLast YearHistorical Average 10 Year Trend
Interest Expense243 M374.8 M323.9 M
Pretty Stable
Other Operating ExpensesB1.2 B1.4 B
Pretty Stable
EBITDA851.8 M972.4 M1.2 B
Pretty Stable
Total Operating Expenses315.3 M187.3 M538.7 M
Slightly volatile
Depreciation And Amortization445.8 M526.2 M667 M
Slightly volatile
Selling General Administrative133.7 M187.3 M161 M
Very volatile
Total Revenue1.7 B2.1 B2.1 B
Pretty Stable
Gross ProfitBB1.1 B
Slightly volatile
Cost Of Revenue1.1 BB961.2 M
Very volatile
Non Recurring1.5 M1.6 M8.1 M
Slightly volatile
Interest Income38.7 M45 M126.2 M
Slightly volatile
Reconciled Depreciation374.4 M411.8 M485.7 M
Slightly volatile

Vornado Realty Cash Flow Statement

Current ValueLast YearHistorical Average 10 Year Trend
Begin Period Cash Flow796.5 M1.2 B1.2 B
Slightly volatile
Depreciation349.8 M526.2 M475.5 M
Very volatile
Dividends Paid417.9 M219.9 M501.8 M
Pretty Stable
Capital Expenditures36.2 M38.1 M382 M
Pretty Stable
Total Cash From Operating Activities579.5 M745.4 M728.9 M
Very volatile
End Period Cash Flow831.4 M1.5 B1.2 B
Slightly volatile

Financial Ratios

Current ValueLast YearHistorical Average 10 Year Trend
Price To Sales Ratio5.413.434.9181
Pretty Stable
Dividend Yield0.07150.04070.0555
Slightly volatile
PTB Ratio0.930.882.31
Slightly volatile
Days Sales Outstanding100140141
Slightly volatile
Book Value Per Share26.8729.8936.7831
Pretty Stable
Operating Cash Flow Per Share2.773.053.7871
Very volatile
Stock Based Compensation To Revenue0.01380.02150.0179
Slightly volatile
Capex To Depreciation0.00620.00660.7381
Slightly volatile
PB Ratio0.930.882.31
Slightly volatile
EV To Sales9.78.59.3346
Slightly volatile
Sales General And Administrative To Revenue0.090.10.0909
Pretty Stable
Capex To Revenue0.00180.00190.1862
Slightly volatile
Cash Per Share4.344.76.7257
Very volatile
POCF Ratio16.819.5719.1929
Slightly volatile
Capex To Operating Cash Flow0.00410.00431.6898
Slightly volatile
EV To Operating Cash Flow33.9623.7542.386
Slightly volatile
Intangibles To Total Assets0.01310.0090.0109
Slightly volatile
Net Debt To EBITDA5.978.58.9606
Slightly volatile
Current Ratio2.311.833.4263
Slightly volatile
Tangible Book Value Per Share26.3829.2935.8894
Very volatile
Receivables Turnover2.572.75.441
Slightly volatile
Graham Number30.2117.0442.7049
Pretty Stable
Shareholders Equity Per Share20.5125.9629.5453
Very volatile
Debt To Equity1.541.472.9471
Slightly volatile
Capex Per Share0.01710.0181.4557
Slightly volatile
Revenue Per Share8.148.5310.7079
Slightly volatile
Interest Debt Per Share33.4243.8749.0252
Pretty Stable
Debt To Assets0.590.640.5562
Pretty Stable
Enterprise Value Over EBITDA12.5814.2418.7532
Pretty Stable
Short Term Coverage Ratios1.231.36.9412
Slightly volatile
Operating Cycle107140151
Pretty Stable
Price Book Value Ratio0.930.882.31
Slightly volatile
Price To Operating Cash Flows Ratio16.819.5719.1929
Slightly volatile
Ebt Per Ebit0.06510.06850.8007
Very volatile
Company Equity Multiplier2.782.644.4183
Slightly volatile
Long Term Debt To Capitalization0.670.58220.6164
Slightly volatile
Total Debt To Capitalization0.690.710.6447
Pretty Stable
Debt Equity Ratio1.541.472.9471
Slightly volatile
Quick Ratio2.271.833.3536
Slightly volatile
Dividend Paid And Capex Coverage Ratio3.23.051.3695
Slightly volatile
Net Income Per E B T0.981.531.2546
Very volatile
Cash Ratio1.641.131.9641
Slightly volatile
Operating Cash Flow Sales Ratio0.420.410.3492
Slightly volatile
Days Of Sales Outstanding100140141
Slightly volatile
Cash Flow Coverage Ratios0.110.0830.0784
Slightly volatile
Price To Book Ratio0.930.882.31
Slightly volatile
Fixed Asset Turnover2.522.41.6139
Slightly volatile
Capital Expenditure Coverage Ratio25224081.5234
Slightly volatile
Price Cash Flow Ratio16.819.5719.1929
Slightly volatile
Enterprise Value Multiple12.5814.2418.7532
Pretty Stable
Debt Ratio0.590.640.5562
Pretty Stable
Cash Flow To Debt Ratio0.110.0830.0784
Slightly volatile
Price Sales Ratio5.413.434.9181
Pretty Stable
Asset Turnover0.140.130.1176
Very volatile
Gross Profit Margin0.620.580.5616
Slightly volatile
Price Fair Value0.930.882.31
Slightly volatile

Vornado Realty Valuation Data

Current ValueLast YearHistorical Average 10 Year Trend
Market Cap3.6 B3.6 BB
Slightly volatile
Enterprise Value19.9 B19 B19.6 B
Slightly volatile

Vornado Fundamental Market Drivers

Forward Price Earnings1000
Cash And Short Term Investments997 M

Vornado Upcoming Events

12th of February 2024
Upcoming Quarterly Report
View
6th of May 2024
Next Financial Report
View
31st of December 2023
Next Fiscal Quarter End
View
12th of February 2024
Next Fiscal Year End
View
30th of September 2023
Last Quarter Report
View
31st of December 2022
Last Financial Announcement
View

About Vornado Realty Financial Statements

Vornado Realty investors utilize fundamental indicators, such as revenue or net income, to predict how Vornado Stock might perform in the future. Analyzing these trends over time helps investors make informed market timing decisions. For further insights, please visit our fundamental analysis page.
Last ReportedProjected for Next Year
Current Deferred Revenue29 M27.5 M
Total Revenue2.1 B1.7 B
Cost Of RevenueB1.1 B
Stock Based Compensation To Revenue 0.02  0.01 
Sales General And Administrative To Revenue 0.10  0.09 
Revenue Per Share 8.53  8.14 
Ebit Per Revenue 0.52  0.53 

Pair Trading with Vornado Realty

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Vornado Realty position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Vornado Realty will appreciate offsetting losses from the drop in the long position's value.
The ability to find closely correlated positions to Vornado Realty could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Vornado Realty when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Vornado Realty - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Vornado Realty Trust to buy it.
The correlation of Vornado Realty is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Vornado Realty moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Vornado Realty Trust moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Vornado Realty can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching
When determining whether Vornado Realty Trust offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Vornado Realty's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Vornado Realty Trust Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Vornado Realty Trust Stock:
Check out the analysis of Vornado Realty Correlation against competitors.
You can also try the Commodity Channel module to use Commodity Channel Index to analyze current equity momentum.
Is Diversified REITs space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Vornado Realty. If investors know Vornado will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Vornado Realty listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.25)
Dividend Share
0.3
Earnings Share
(0.28)
Revenue Per Share
9.825
Quarterly Revenue Growth
(0.02)
The market value of Vornado Realty Trust is measured differently than its book value, which is the value of Vornado that is recorded on the company's balance sheet. Investors also form their own opinion of Vornado Realty's value that differs from its market value or its book value, called intrinsic value, which is Vornado Realty's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Vornado Realty's market value can be influenced by many factors that don't directly affect Vornado Realty's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Vornado Realty's value and its price as these two are different measures arrived at by different means. Investors typically determine if Vornado Realty is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Vornado Realty's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.