Vornado Realty Financial Ratios
NYSE: VNOReal EstateReal Estate Investment TrustsUSD
At close: Oct 9, 4:00 PM ET · Delayed 15 min
Vornado Realty ratio analysis
Vornado Realty earned a net margin of 50.0% in FY 2025, up from 3.9% a year earlier. Return on equity reached 15.1%, meaning Vornado Realty generated 0.15 dollars of profit for every dollar of shareholders' equity. Debt-to-equity stood at 0.38 versus 0.50 the year before.
At the end of FY 2025, VNO traded at 8.0 times earnings; across the 8 fiscal years shown, its year-end P/E ranged from 4.1 to 1060.8, with a median of 54.7. Valuation ratios use the closing share price on each fiscal year-end date and diluted shares from the income statement; profitability and leverage ratios use reported annual figures. Current valuation multiples are on the statistics page.
Summary generated from market data by MetaCap's automated system. Methodology
Vornado Realty financial ratios (annual)
| Ratio | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| P/E ratio (at fiscal year end) | 7.96 | 1,060.75 | 122.83 | — | 78.98 | — | 4.07 | 30.45 | 91.98 | 19.44 |
| Price / sales | 3.54 | 4.52 | 2.98 | 2.22 | 5.05 | 4.67 | 6.54 | 5.38 | 7.11 | 7.95 |
| Price / book | 1.07 | 1.57 | 0.98 | 0.68 | 1.29 | 1.09 | 1.87 | 2.61 | 3.42 | 2.31 |
| Operating margin | — | — | — | — | — | — | — | 26.9% | 29.2% | 28.9% |
| Net margin | 50.0% | 3.9% | 5.8% | -19.2% | 11.1% | -19.4% | 163.6% | 20.8% | 10.9% | 45.3% |
| Free cash flow margin | 53.1% | 30.1% | 34.0% | 44.2% | 47.7% | 27.7% | 30.8% | 26.3% | 28.3% | 30.3% |
| Return on equity (ROE) | 15.1% | 1.4% | 1.9% | -5.9% | 2.8% | -4.5% | 46.8% | 10.1% | 5.2% | 13.1% |
| Return on assets (ROA) | 5.8% | 0.4% | 0.7% | -2.1% | 1.0% | -1.8% | 17.2% | 2.6% | 1.3% | 4.4% |
| Debt / equity | 0.38 | 0.50 | 0.47 | 0.44 | 0.41 | 0.28 | 0.26 | 0.37 | 0.37 | 0.19 |
| Revenue growth | 1.3% | -1.3% | 0.6% | 13.3% | 4.0% | -20.6% | -11.0% | 3.8% | 4.0% | 23.2% |
| EPS growth | 10,400.0% | -82.6% | — | -501.9% | — | -111.3% | 706.5% | 136.5% | -80.4% | 20.9% |