Vornado Realty Trust (VNO) Financial Statements
Industry: Real Estate Investment Trusts
In fiscal 2025, Vornado Realty Trust reported revenue of $1.81B, up 1.3% from $1.79B the year before. Net income was $905.0M (a 50.0% net margin), or $4.20 per diluted share. Operating activities generated $1.26B of cash. At fiscal year end, Vornado Realty Trust held $15.52B in total assets against $8.72B in total liabilities, including $840.9M of cash and equivalents.
Open the full interactive Vornado Realty Trust financials → Quarterly statements, key ratios, valuation history and price charts.
Vornado Realty Trust Key Stats
| Share Price | $33.83 |
|---|---|
| Market Cap | $6.57B |
| P/E Ratio | 8.1 |
| Revenue YoY Growth | +1.3% |
| 52-Week Range | $24.71 – $40.91 |
| Shares Outstanding | 187.3 million (basic, 2026 Q2) |
Vornado Realty Trust Income Statement
| FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|
| Revenue | $1.53B | $1.59B | $1.80B | $1.81B | $1.79B | $1.81B |
| Pre-Tax Income | -$425.2M | $197.1M | -$361.0M | $62.1M | $42.8M | $950.7M |
| Income Tax | $36.6M | -$10.5M | $21.7M | $29.2M | $22.7M | $13.5M |
| Net Income | -$297.0M | $176.0M | -$346.5M | $105.5M | $70.4M | $905.0M |
| Diluted EPS | -$1.83 | $0.53 | -$2.13 | $0.23 | $0.04 | $4.20 |
Vornado Realty Trust Quarterly Results
| 2025 Q3 | 2025 Q4 | 2026 Q1 | 2026 Q2 | |
|---|---|---|---|---|
| Revenue | $453.7M | $453.7M | $459.1M | $462.2M |
| Net Income | $27.1M | $16.1M | -$7.3M | $32.0M |
| Diluted EPS | $0.06 | $0.08 | -$0.12 | $0.08 |
Vornado Realty Trust Balance Sheet
| FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|
| Cash & Equivalents | $1.62B | $1.76B | $889.7M | $997.0M | $733.9M | $840.9M |
| Total Assets | $16.22B | $17.27B | $16.49B | $16.19B | $16.00B | $15.52B |
| Total Long-Term Debt | $1.82B | $2.56B | $2.56B | $2.56B | $2.57B | $2.26B |
| Total Liabilities | $8.67B | $10.06B | $9.98B | $9.84B | $9.83B | $8.72B |
| Shareholders' Equity | $6.53B | $6.24B | $5.84B | $5.51B | $5.16B | $5.99B |
Vornado Realty Trust Cash Flow Statement
| FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|
| Cash From Operations | $424.2M | $761.8M | $798.9M | $648.2M | $537.7M | $1.26B |
| Cash From Investing | -$87.8M | -$532.3M | -$906.9M | -$128.8M | -$597.4M | $115.5M |
| Cash From Financing | -$213.2M | -$29.5M | -$801.3M | -$278.9M | -$252.3M | -$1.35B |
Figures from Vornado Realty Trust's 10-K and 10-Q filings with the SEC, as of 2026-10-14. Fiscal years follow the company's own reporting calendar. EPS and share counts are adjusted for later stock splits. See the full Vornado Realty Trust financials page for every line item.
Vornado Realty Trust Company Profile
| Ticker | VNO |
|---|---|
| Exchange | NYSE, OTC |
| Industry | Real Estate Investment Trusts |
| Headquarters | New York, New York |
| Incorporated in | Maryland |
| Fiscal Year End | December 31 |
| SEC Filer Category | Large accelerated filer |
| SEC CIK | 0000899689 |
Frequently Asked Questions
What was Vornado Realty Trust's revenue in fiscal 2025?
Vornado Realty Trust (VNO) reported revenue of $1.81B for fiscal 2025.
What is Vornado Realty Trust's annual revenue history?
Vornado Realty Trust's annual revenue by fiscal year: 2020: $1.53B; 2021: $1.59B; 2022: $1.80B; 2023: $1.81B; 2024: $1.79B; 2025: $1.81B.
What was Vornado Realty Trust's net income in fiscal 2025?
Vornado Realty Trust reported net income of $905.0M for fiscal 2025.
What was Vornado Realty Trust's earnings per share (EPS) in fiscal 2025?
Vornado Realty Trust's diluted EPS was $4.20 for fiscal 2025 (adjusted for any later stock splits).
What was Vornado Realty Trust's revenue last quarter?
In its most recent reported quarter (2026 Q2), Vornado Realty Trust reported revenue of $462.2M.
How much debt does Vornado Realty Trust have?
Vornado Realty Trust reported $2.26B of long-term debt, including the current portion, at the end of fiscal 2025.
How many shares of Vornado Realty Trust are outstanding?
Vornado Realty Trust reported a weighted average of 187.3 million basic shares outstanding in 2026 Q2.
What is Vornado Realty Trust's market cap?
Based on its latest closing price, Vornado Realty Trust (VNO) has a market capitalization of about $6.57B.
When does Vornado Realty Trust's fiscal year end?
Vornado Realty Trust's fiscal year end, as registered with the SEC, is December 31.
Where is Vornado Realty Trust headquartered?
Vornado Realty Trust lists its business address in New York, New York in its SEC filings.