Vornado Realty Trust (VNO) Financial Statements
Price: $34.51
Market Cap: $6.62B
Avg Volume: 1.42M
Market Cap: $6.62B
Avg Volume: 1.42M
Country: US
Industry: REIT - Office
Sector: Real Estate
Industry: REIT - Office
Sector: Real Estate
Overview of Financial Statements
Financial statements are records that provide an overview of a company's financial performance and position. There are three main types of financial statements:
- Income Statement: Shows the company's revenue, expenses, and profit over a specific period.
- Balance Sheet: Provides a snapshot of the company's assets, liabilities, and equity at a specific point in time.
- Cash Flow Statement: Details the cash inflows and outflows from operating, investing, and financing activities over a period.
This page presents both annual and quarterly data for these financial statements. The charts below provide a visual representation of the key metrics from each statement, helping you to quickly understand the financial health of Vornado Realty Trust.
Income Statement
| Breakdown | December 31, 2024 | December 31, 2023 | December 31, 2022 | December 31, 2021 | December 31, 2020 | December 31, 2019 | December 31, 2018 | December 31, 2017 | December 31, 2016 | December 31, 2015 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $1.79B | $1.81B | $1.80B | $1.59B | $1.53B | $1.92B | $2.16B | $2.08B | $2.51B | $2.50B |
| Cost of Revenue | $927.80M | $905.16M | $873.91M | $797.32M | $789.07M | $917.98M | $963.48M | $886.60M | $1.02B | $1.01B |
| Gross Profit | $859.89M | $906.00M | $926.08M | $791.89M | $738.88M | $1.01B | $1.20B | $1.20B | $1.48B | $1.49B |
| Gross Profit Ratio | 48.10% | 50.02% | 51.45% | 49.83% | 48.36% | 52.31% | 55.47% | 57.46% | 59.13% | 59.59% |
| Research and Development Expenses | $- | $- | $-0 | $0 | $-0 | $2 | $0 | $0 | $0 | $- |
| General and Administrative Expenses | $148.52M | $162.88M | $133.73M | $134.54M | $181.51M | $169.92M | $141.87M | $159.00M | $179.28M | $175.31M |
| Selling and Marketing Expenses | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Selling General and Administrative Expenses | $148.52M | $162.88M | $133.73M | $134.54M | $181.51M | $169.92M | $141.87M | $159.00M | $179.28M | $175.31M |
| Other Expenses | $- | $- | $504.50M | $412.35M | $399.69M | $419.11M | $-31.32M | $13.23M | $7.31M | $7.66M |
| Operating Expenses | $148.52M | $162.88M | $638.23M | $546.89M | $581.20M | $589.03M | $588.44M | $588.39M | $744.34M | $718.26M |
| Cost and Expenses | $1.08B | $1.07B | $1.51B | $1.34B | $1.37B | $1.51B | $1.55B | $1.47B | $1.77B | $1.73B |
| Interest Income | $45.97M | $26.66M | $19.87M | $4.61M | $12.81M | $21.82M | $17.06M | $17.59M | $29.55M | $14.03M |
| Interest Expense | $368.35M | $325.92M | $257.96M | $231.10M | $234.75M | $264.80M | $330.89M | $311.59M | $373.13M | $345.86M |
| Depreciation and Amortization | $469.42M | $457.57M | $1.46B | $1.35B | $1.61B | $1.63B | $1.63B | $1.82B | $1.46B | $566.21M |
| EBITDA | $880.61M | $845.61M | $423.31M | $792.48M | $228.26M | $3.49B | $1.25B | $1.16B | $1.48B | $1.31B |
| EBITDA Ratio | 49.26% | 46.69% | 23.52% | 49.87% | 14.94% | 181.16% | 57.69% | 55.71% | 58.98% | 52.28% |
| Operating Income | $711.37M | $815.87M | $-175.44M | $380.13M | $-171.43M | $3.07B | $582.96M | $607.37M | $550.79M | $760.25M |
| Operating Income Ratio | 39.79% | 45.05% | -9.75% | 23.92% | -11.22% | 159.38% | 26.94% | 29.14% | 21.98% | 30.38% |
| Total Other Income Expenses Net | $-668.52M | $-753.76M | $-648.80M | $-10.50M | $-569.53M | $103.44M | $-123.36M | $-287.63M | $4.39M | $-37.77M |
| Income Before Tax | $42.84M | $62.11M | $-360.95M | $197.06M | $-425.21M | $3.44B | $459.60M | $318.45M | $983.06M | $722.47M |
| Income Before Tax Ratio | 2.40% | 3.43% | -20.05% | 12.40% | -27.83% | 178.61% | 21.24% | 15.28% | 39.23% | 28.87% |
| Income Tax Expense | $22.73M | $29.22M | $21.66M | $-10.50M | $36.63M | $103.44M | $37.63M | $41.09M | $8.31M | $-84.69M |
| Net Income | $65.57M | $105.49M | $-382.61M | $176.00M | $-461.85M | $3.15B | $449.95M | $227.42M | $960.57M | $760.43M |
| Net Income Ratio | 3.67% | 5.82% | -21.26% | 11.07% | -30.23% | 163.55% | 20.80% | 10.91% | 38.33% | 30.39% |
| EPS | $0.04 | $0.23 | $-2.00 | $0.92 | $-2.42 | $16.23 | $2.36 | $0.85 | $5.08 | $3.61 |
| EPS Diluted | $0.04 | $0.23 | $-2.00 | $0.92 | $-2.42 | $16.21 | $2.35 | $0.85 | $5.08 | $3.59 |
| Weighted Average Shares Outstanding | 190.54M | 191.00M | 191.78M | 191.55M | 191.15M | 190.80M | 190.51M | 189.53M | 188.84M | 188.35M |
| Weighted Average Shares Outstanding Diluted | 196.63M | 191.86M | 191.78M | 192.12M | 191.15M | 191.05M | 191.46M | 191.26M | 189.10M | 189.56M |
| SEC Filing | Source | Source | Source | Source | Source | Source | Source | Source | Source | Source |
Balance Sheet
| Breakdown | December 31, 2024 | December 31, 2023 | December 31, 2022 | December 31, 2021 | December 31, 2020 | December 31, 2019 | December 31, 2018 | December 31, 2017 | December 31, 2016 | December 31, 2015 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash and Cash Equivalents | $733.95M | $997.00M | $889.69M | $1.76B | $1.62B | $1.52B | $570.92M | $1.82B | $1.50B | $1.84B |
| Short Term Investments | $- | $- | $471.96M | $18.93M | $17.00K | $33.31M | $152.20M | $182.75M | $203.70M | $151.00M |
| Cash and Short Term Investments | $733.95M | $997.00M | $1.36B | $1.76B | $1.62B | $1.52B | $570.92M | $1.82B | $1.50B | $1.84B |
| Net Receivables | $765.87M | $771.21M | $776.14M | $735.98M | $751.73M | $837.94M | $1.01B | $985.41M | $946.24M | $1.03B |
| Inventory | $- | $- | $-183.80M | $-18.93M | $-17.00K | $-4.33M | $-27.03M | $-27.47M | $-21.82M | $151.00M |
| Other Current Assets | $215.67M | $300.52M | $175.07M | $227.27M | $234.10M | $501.04M | $245.62M | $- | $- | $107.80M |
| Total Current Assets | $1.72B | $2.07B | $2.31B | $2.72B | $2.61B | $2.85B | $1.82B | $2.90B | $2.73B | $2.97B |
| Property Plant Equipment Net | $678.80M | $680.04M | $684.38M | $337.20M | $367.37M | $379.55M | $12.61B | $11.87B | $11.61B | $14.67B |
| Goodwill | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Intangible Assets | $118.22M | $127.08M | $139.64M | $154.90M | $23.86M | $30.96M | $136.78M | $159.26M | $192.73M | $227.90M |
| Goodwill and Intangible Assets | $118.22M | $127.08M | $139.64M | $154.90M | $23.86M | $30.96M | $136.78M | $159.26M | $192.73M | $227.90M |
| Long Term Investments | $2.69B | $2.61B | $2.67B | $3.31B | $3.49B | $4.26B | $1.33B | $1.59B | $2.09B | $2.28B |
| Tax Assets | $- | $- | $7.94M | $10.23B | $9.29B | $10.41B | $109.95M | $403.49M | $3.67B | $480.42M |
| Other Non-Current Assets | $10.79B | $10.56B | $10.68B | $512.71M | $434.02M | $355.35M | $1.17B | $469.56M | $521.01M | $514.11M |
| Total Non-Current Assets | $14.28B | $13.98B | $14.18B | $14.54B | $13.61B | $15.43B | $15.36B | $14.50B | $18.09B | $18.17B |
| Other Assets | $- | $138.77M | $- | $- | $- | $- | $- | $- | $- | $- |
| Total Assets | $16.00B | $16.19B | $16.49B | $17.27B | $16.22B | $18.29B | $17.18B | $17.40B | $20.81B | $21.14B |
| Account Payables | $- | $411.04M | $450.88M | $613.50M | $427.20M | $440.05M | $430.98M | $415.79M | $-287.85M | $-346.12M |
| Short Term Debt | $- | $575.00M | $378.95M | $575.00M | $2.61B | $1.54B | $- | $- | $115.63M | $1.65B |
| Tax Payables | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Deferred Revenue | $28.42M | $32.20M | $39.88M | $48.12M | $40.11M | $59.43M | $167.73M | $227.07M | $287.85M | $346.12M |
| Other Current Liabilities | $- | $- | $-829.83M | $-48.12M | $-3.00B | $-1.92B | $-263.25M | $-188.72M | $460.06M | $-953.13M |
| Total Current Liabilities | $28.42M | $1.02B | $1.07B | $1.19B | $1.00B | $1.41B | $510.98M | $415.79M | $574.32M | $993.96M |
| Long Term Debt | $- | $8.45B | $8.75B | $8.45B | $5.19B | $6.36B | $9.76B | $9.73B | $10.50B | $9.45B |
| Deferred Revenue Non-Current | $- | $- | $39.88M | $48.12M | $40.11M | $59.43M | $167.73M | $227.07M | $287.85M | $346.12M |
| Deferred Tax Liabilities Non-Current | $- | $- | $771.77M | $110.17M | $105.56M | $103.77M | $-9.84B | $568.31M | $124.24M | $129.94M |
| Other Non-Current Liabilities | $9.80B | $372.21M | $1.15B | $1.51B | $3.40B | $3.60B | $1.20B | $1.22B | $571.25M | $2.30B |
| Total Non-Current Liabilities | $9.80B | $8.83B | $8.91B | $8.87B | $7.67B | $8.67B | $10.78B | $10.99B | $11.34B | $11.44B |
| Other Liabilities | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Total Liabilities | $9.83B | $9.84B | $9.98B | $10.06B | $8.67B | $10.09B | $11.29B | $11.41B | $11.92B | $12.44B |
| Preferred Stock | $- | $1.18B | $1.18B | $1.18B | $1.18B | $891.21M | $891.29M | $891.99M | $1.04B | $1.28B |
| Common Stock | $7.63M | $7.59M | $5.84B | $6.24B | $6.53B | $6.73B | $4.47B | $7.58M | $6.90B | $7.52M |
| Retained Earnings | $- | $-4.01B | $-3.89B | $-3.08B | $-2.77B | $-1.95B | $-4.17B | $-4.18B | $-1.42B | $-1.77B |
| Accumulated Other Comprehensive Income Loss | $57.70M | $65.11M | $174.97M | $-17.53M | $-75.10M | $-40.23M | $7.66M | $128.68M | $118.97M | $46.92M |
| Other Total Stockholders Equity | $5.09B | $8.26B | $8.37B | $8.14B | $8.19B | $7.83B | $7.73B | $7.49B | $7.15B | $7.13B |
| Total Stockholders Equity | $5.16B | $5.51B | $5.84B | $6.24B | $6.53B | $6.73B | $4.47B | $4.34B | $6.90B | $6.70B |
| Total Equity | $5.28B | $6.34B | $6.51B | $7.20B | $7.55B | $8.20B | $5.89B | $5.99B | $8.90B | $8.71B |
| Total Liabilities and Stockholders Equity | $16.00B | $16.19B | $16.49B | $17.27B | $16.22B | $18.29B | $17.18B | $17.40B | $20.81B | $21.14B |
| Minority Interest | $122.72M | $834.67M | $673.38M | $967.58M | $1.02B | $1.47B | $1.43B | $1.65B | $2.00B | $2.01B |
| Total Liabilities and Total Equity | $16.00B | $16.19B | $16.49B | $17.27B | $16.22B | $18.29B | $17.18B | $17.40B | $20.81B | $21.14B |
| Total Investments | $2.69B | $2.61B | $3.14B | $3.31B | $3.49B | $4.26B | $1.33B | $1.59B | $2.09B | $2.43B |
| Total Debt | $8.99B | $8.98B | $9.13B | $8.99B | $7.80B | $7.90B | $9.84B | $9.73B | $10.61B | $11.09B |
| Net Debt | $-733.95M | $7.99B | $8.24B | $7.23B | $6.18B | $6.39B | $9.27B | $7.91B | $9.11B | $9.26B |
Cash Flow Statement
| Breakdown | December 31, 2024 | December 31, 2023 | December 31, 2022 | December 31, 2021 | December 31, 2020 | December 31, 2019 | December 31, 2018 | December 31, 2017 | December 31, 2016 | December 31, 2015 |
|---|---|---|---|---|---|---|---|---|---|---|
| Net Income | $20.12M | $32.89M | $-382.61M | $207.55M | $-461.85M | $3.33B | $422.60M | $264.13M | $981.92M | $859.43M |
| Depreciation and Amortization | $469.42M | $457.57M | $526.31M | $432.59M | $417.94M | $438.93M | $472.79M | $529.83M | $595.27M | $566.21M |
| Deferred Income Tax | $13.01M | $17.02M | $14.01M | $44.19M | $596.68M | $-3.14B | $12.84M | $34.80M | $- | $-90.03M |
| Stock Based Compensation | $30.17M | $43.20M | $29.25M | $38.33M | $48.68M | $53.91M | $31.72M | $32.83M | $33.98M | $39.85M |
| Change in Working Capital | $-56.98M | $-25.58M | $87.33M | $3.55M | $-191.48M | $-25.17M | $-8.83M | $-101.85M | $-73.04M | $-262.10M |
| Accounts Receivables | $4.70M | $9.38M | $-4.44M | $-187.00K | $-5.33M | $-25.99M | $-14.53M | $1.18M | $-4.27M | $8.37M |
| Inventory | $- | $- | $4.44M | $187.00K | $5.33M | $25.99M | $- | $-12.29M | $- | $-19.75M |
| Accounts Payables | $-6.80M | $10.72M | $5.72M | $35.86M | $5.94M | $5.94M | $5.87M | $3.76M | $32.39M | $-25.23M |
| Other Working Capital | $-54.89M | $-45.68M | $81.62M | $-32.31M | $-197.42M | $-31.11M | $-14.70M | $-94.50M | $-105.43M | $-225.49M |
| Other Non Cash Items | $61.99M | $123.05M | $524.66M | $35.60M | $14.27M | $3.61M | $-83.92M | $100.41M | $-503.48M | $-103.54M |
| Net Cash Provided by Operating Activities | $537.72M | $648.15M | $798.94M | $761.81M | $424.24M | $662.54M | $802.64M | $860.14M | $1.00B | $672.15M |
| Investments in Property Plant and Equipment | $- | $- | $-3.00M | $-3.00M | $-395.05M | $-438.94M | $-74.61M | $-355.85M | $-750.07M | $-475.82M |
| Acquisitions Net | $- | $132.70M | $-33.17M | $-138.93M | $-8.96M | $1.73B | $-35.06M | $-40.54M | $-127.61M | $-235.44M |
| Purchases of Investments | $- | $- | $-1.07B | $-973.73M | $395.05M | $438.94M | $-692.91M | $-4.38M | $-4.38M | $-756.81M |
| Sales Maturities of Investments | $- | $- | $597.50M | $238.98M | $28.38M | $168.31M | $4.10M | $187.11M | $3.94M | $573.30M |
| Other Investing Activities | $-597.37M | $-261.49M | $-402.10M | $344.33M | $-107.22M | $564.48M | $-79.24M | $7.34M | $-11.07M | $216.02M |
| Net Cash Used for Investing Activities | $-597.37M | $-128.79M | $-906.86M | $-532.35M | $-87.80M | $2.46B | $-877.72M | $-206.32M | $-889.19M | $-678.75M |
| Debt Repayment | $-22.44M | $-148.00M | $-254.31M | $1.66B | $-11.25M | $-1.61B | $-158.50M | $424.19M | $508.91M | $1.53B |
| Common Stock Issued | $- | $- | $- | $- | $297.04M | $- | $- | $- | $- | $- |
| Common Stock Repurchased | $- | $-29.21M | $-85.00K | $-1.57M | $-137.00K | $-8.69M | $-470.00M | $-418.00K | $-186.00K | $-7.47M |
| Dividends Paid | $-203.22M | $-191.18M | $-468.68M | $-471.99M | $-891.59M | $-553.92M | $-534.46M | $-561.01M | $-556.10M | $-555.33M |
| Other Financing Activities | $-26.67M | $89.45M | $-78.20M | $-1.23B | $689.64M | $-63.04M | $-416.89M | $108.50M | $-407.23M | $-350.63M |
| Net Cash Used Provided by Financing Activities | $-252.32M | $-278.94M | $-801.27M | $-29.48M | $-213.20M | $-2.24B | $-1.12B | $-338.34M | $-446.15M | $643.83M |
| Effect of Forex Changes on Cash | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Net Change in Cash | $-311.96M | $240.43M | $-909.19M | $199.98M | $123.24M | $890.23M | $-1.20B | $315.48M | $-334.68M | $637.23M |
| Cash at End of Period | $949.62M | $1.26B | $1.02B | $1.93B | $1.73B | $1.61B | $716.90M | $1.91B | $1.50B | $1.84B |
| Cash at Beginning of Period | $1.26B | $1.02B | $1.93B | $1.73B | $1.61B | $716.90M | $1.91B | $1.60B | $1.84B | $1.20B |
| Operating Cash Flow | $537.72M | $648.15M | $798.94M | $761.81M | $424.24M | $662.54M | $802.64M | $860.14M | $1.00B | $672.15M |
| Capital Expenditure | $- | $- | $-3.00M | $-3.00M | $-395.05M | $-438.94M | $-74.61M | $-355.85M | $-750.07M | $-475.82M |
| Free Cash Flow | $537.72M | $648.15M | $795.94M | $758.81M | $29.19M | $223.60M | $728.03M | $504.29M | $250.59M | $196.33M |