VNO · Vornado Realty Trust · Financials
Income-statement, balance-sheet and cash-flow figures from SEC filings, plus a debt profile anchored in the latest 10-K and updated by each 10-Q and debt exhibit.
Chart any reported metric, KPI or segment over time — the full statement history lives here
| Line Item | TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | FY2015 | FY2014 | FY2013 | FY2012 | FY2011 | FY2010 | FY2009 | FY2008 | FY2007 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| $1.83B | $1.81B | $1.79B | $1.81B | $1.8B | $1.59B | $1.53B | $1.92B | $2.16B | $2.08B | $2B | $1.99B | $2.31B | $2.3B | $2.65B | $2.7B | $2.56B | $2.66B | $2.64B | $2.41B | |
| $1.51B | $1.49B | $1.51B | $1.54B | $1.54B | $1.37B | $1.34B | $1.72B | $1.76B | $1.71B | $1.66B | $1.63B | $1.91B | $1.88B | $1.99B | $2.09B | $2.09B | $2.15B | $2.16B | $1.97B | |
| $158.89M | $156.12M | $148.52M | $162.88M | $133.73M | $134.55M | $181.51M | $169.92M | $141.87M | $150.78M | $143.64M | $149.26M | $169.27M | $177.37M | $190.11M | $208.53M | $211.4M | $230.58M | $193.97M | $189.02M | |
| $539.93M | $481.46M | $469.42M | $457.57M | $526.31M | $432.59M | $417.94M | $438.93M | $472.79M | $529.83M | $595.27M | $566.21M | $583.41M | $562M | $557.89M | $580.99M | $556.31M | $559.05M | $577.34M | $545.89M | |
| — | $0 | $0 | $45.01M | $19.1M | $7.88M | $236.29M | $26.71M | $12M | $0 | $160.7M | $256K | — | — | — | — | — | — | — | — | |
| $1.64B | $1.55B | $1.54B | $1.57B | $1.53B | $1.37B | $1.55B | $1.63B | $1.58B | $1.48B | $1.42B | $1.37B | $1.62B | $1.62B | $1.92B | $1.89B | $1.8B | $1.87B | $1.05B | $950.49M | |
| — | — | — | — | — | — | — | — | $582.96M | $608.65M | $579.85M | $619.41M | $689.89M | $674.55M | $727.79M | $812.23M | $759.03M | $781.17M | $787.4M | $815.13M | |
| — | — | — | — | — | — | — | — | 26.94% | 29.2% | 28.94% | 31.2% | 29.83% | 29.34% | 27.47% | 30.05% | 29.67% | 29.42% | 29.82% | 33.89% | |
| — | — | — | — | — | — | — | — | $1.06B | $1.14B | $1.18B | $1.19B | $1.27B | $1.24B | $1.29B | $1.39B | $1.32B | $1.34B | $1.36B | $1.36B | |
| — | — | $0 | $0 | $235K | $1.81M | $3.63M | $3.71M | $4.05M | $5.06M | $3.69M | $7.92M | $8.38M | $5.32M | $6.92M | $7.79M | — | — | — | — | |
| — | — | — | — | — | — | — | — | $0 | $3.49M | $5.07M | $65.4M | $507.19M | $414.5M | $245.8M | $51.62M | $2.51M | $5.64M | $7.76M | $39.49M | |
| $103.68M | $141.31M | $112.46M | $38.69M | -$461.35M | $130.52M | -$329.11M | — | — | — | — | -$12.63M | -$59.86M | -$340.88M | $423.13M | $118.61M | $92.49M | $72.39M | -$156.83M | $31.89M | |
| $53M | $950.71M | $42.85M | $62.11M | -$360.95M | $197.06M | -$425.22M | $3.44B | $459.6M | $319.73M | $584.93M | $550.91M | $432.63M | -$12.07M | $482.23M | $598.48M | $723.34M | $99.16M | — | — | |
| $11.67M | $13.51M | $22.73M | $29.22M | $21.66M | -$10.5M | $36.63M | $103.44M | $37.63M | $42.38M | $7.92M | -$85.01M | $9.28M | -$8.72M | $8.13M | $23.93M | $22.14M | $20.64M | -$204.64M | $9.18M | |
| $67.88M | $904.96M | $70.39M | $105.49M | -$346.5M | $176M | -$297.01M | $3.15B | $449.95M | $227.42M | $906.92M | $760.43M | $864.85M | $475.97M | $617.26M | $662.3M | $647.88M | $106.17M | $359.3M | $541.54M | |
| — | 49.99% | 3.94% | 5.82% | -19.25% | 11.07% | -19.44% | 163.55% | 20.8% | 10.91% | 45.26% | 38.3% | 37.4% | 20.7% | 23.3% | 24.5% | 25.33% | 4% | 13.61% | 22.51% | |
| $13.43M | — | — | — | — | — | — | — | — | — | $21.35M | $55.77M | $96.56M | $88.77M | $77.28M | -$77.7M | — | $22.28M | $52.15M | $66.29M | |
| $5.78M | $842.85M | $8.28M | $43.38M | -$408.62M | $101.09M | -$348.74M | $3.1B | $384.83M | $162.02M | $823.61M | $679.86M | $783.39M | $392.03M | $549.27M | $601.77M | $596.73M | $49.09M | $302.21M | $484.36M | |
| $83.6M | $847.28M | $62.95M | -$1.78M | -$154M | $233.56M | -$331.87M | $3.1B | $437.31M | $237.13M | $978.97M | $714.09M | $886.58M | $566.45M | $524.59M | $662.58M | $689.69M | $138.65M | $326.07M | — | |
| USD/shares | $0.05 | $4.40 | $0.04 | $0.23 | -$2.13 | $0.53 | -$1.83 | $16.23 | $2.02 | $0.85 | $4.36 | $3.61 | $4.18 | $2.10 | $2.95 | $3.26 | $3.27 | $0.28 | $1.96 | $3.18 |
| USD/shares | $0.03 | $4.20 | $0.04 | $0.23 | -$2.13 | $0.53 | -$1.83 | $16.21 | $2.01 | $0.85 | $4.34 | $3.59 | $4.15 | $2.09 | $2.94 | $3.23 | $3.24 | $0.28 | $1.91 | $3.05 |
| shares | — | 191.76M | 190.54M | 191.01M | 191.78M | 191.55M | 191.15M | 190.8M | 190.22M | 189.53M | 188.84M | 188.35M | 187.57M | 186.94M | 185.81M | 184.31M | 182.34M | 171.6M | 153.9M | 151.95M |
| shares | — | 201.05M | 196.63M | 191.86M | 191.78M | 192.12M | 191.15M | 191.05M | 191.29M | 191.26M | 190.17M | 189.56M | 188.69M | 187.71M | 186.53M | 186.02M | 184.16M | 173.5M | 158.12M | 158.56M |
Capital Returned to Shareholders
Cash spent on share repurchases and dividends per fiscal year, as reported on the cash-flow statement. Across FY2007–FY2025: $80.17M in buybacks, $8.61B in dividends.
Debt Profile
Annual debt figures are established from 10-K filings and updated by subsequent 10-Q and 8-K disclosures. Instrument balances are not summed into a company total unless the filing itself reports that total.
Price & Valuation
Multiples computed on the strict TTM/EV methodology — today's snapshot against peers, and each ratio recomputed as of past filing dates.
Valuation
Peer medians compare against the 11 similar-size REIT - Office companies (of 20 listed).
P/FFO and P/AFFO use the company-stated “FFO attributable to Class A unitholders” and “FFO attributable to common shareholders plus assumed conversions, as adjusted (non-GAAP) - Per diluted share”, extracted from the reconciliation in its SEC filings — the company's own non-GAAP definition, not an XBRL-tagged figure.
Valuation over time computed as of each quarter's filing date
P/FFO and P/AFFO use the company-stated “FFO attributable to Class A unitholders” and “FFO attributable to common shareholders plus assumed conversions, as adjusted (non-GAAP) - Per diluted share”, extracted from the reconciliation in its SEC filings as it existed at each sample date — the company's own non-GAAP definition, not an XBRL-tagged figure. Each point's tooltip names its TTM or fiscal-year basis.
Revenue Breakdown
Annual revenue as the company disaggregates it in its own XBRL filings. Years a component wasn't reported show a dash.
Share mode is each component's slice of the reported components that year — issuers rarely tag every revenue dollar, so slices need not sum to total revenue.
By Segment (USD)
| Component | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|---|---|---|
| New York Segment | $1,476,522,000 | $1,471,997,000 | $1,452,158,000 | $1,449,442,000 | $1,257,599,000 | $1,221,748,000 | $1,577,860,000 | $1,836,036,000 |
| Other Segment | $333,903,000 | $315,689,000 | $359,005,000 | $350,553,000 | $331,611,000 | $306,203,000 | $346,840,000 | $327,684,000 |
By Product & Service (USD)
| Component | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|---|---|---|
| Rental Revenue | $1,558,241,000 | $1,568,806,000 | $1,607,486,000 | $1,607,685,000 | $1,424,531,000 | $1,377,635,000 | $1,767,222,000 | $2,007,333,000 |
| Building Maintenance Service | $157,686,000 | $149,225,000 | $141,937,000 | $137,673,000 | $119,780,000 | $105,536,000 | $124,674,000 | $120,357,000 |
| Product And Service Other | $82,934,000 | $54,975,000 | $48,700,000 | $43,598,000 | $33,174,000 | $25,364,000 | $19,262,000 | $22,706,000 |
| Tenant Services | $45,237,000 | $41,549,000 | $42,460,000 | $45,211,000 | $37,449,000 | $34,244,000 | $47,512,000 | $53,921,000 |
| Parking Revenue | $20,320,000 | $19,213,000 | $20,355,000 | $19,157,000 | $13,391,000 | — | — | — |
| Management and Leasing Fees | $11,564,000 | $14,680,000 | $13,040,000 | $11,039,000 | $11,725,000 | $19,416,000 | $13,542,000 | $13,324,000 |