Pricing Log in Create free account
Saturday 7 November 2026 Export VNO’s income statement to Excel — free account

Vornado Realty Trust

VNO Real Estate Reit Office

Vornado Realty Trust’s revenue for fiscal 2025 (year ended December 2025) was $1.8 billion, up 1.27% from fiscal 2024.

Revenue
+3.08%
EPS
−510.0%
Free cash flow
+35.9%
Total debt
+3.66%

Quarter to September 2026, against a year earlier

35.79 0.08 −0.22%
Market cap
$7.3B
P/E
0.0×
Fwd P/E
−67.7×
Dividend yield
2.07%
F-score
8/9
Altman Z
n/a
Beneish M
n/a
Dividend safety
n/a
Overview Business Profile Earnings & Analysis
Financials
Income Statement Balance Sheet Cash Flow Metrics & Ratios
Segments Valuation Filings

Vornado Realty Trust (VNO) Book value per share

Alert me on Book value per share

Vornado Realty Trust's book value per share at the end of fiscal 2025 was 32.1×, up 14.6% from 28.0× in fiscal 2024. At the end of the quarter to 30 September 2026 it was 32.2×. Over the past ten years it has ranged from 26.4× (fiscal 2017) to 40.3× (fiscal 2016); the current reading is higher than 55% of that period. Vornado Realty Trust ranks 7th of 19 Reit Office companies by book value per share.

Book value per share, annual

Embed this chart

Annual newest first

Period Book value per share Change
FY2025 32.1× 14.62%
FY2024 28.0× (6.22%)
FY2023 29.9× (5.73%)
FY2022 31.7× (6.85%)
FY2021 34.0× (6.43%)
FY2020 36.4× (5.13%)
FY2019 38.3× 42.69%
FY2018 26.9× 1.63%
FY2017 26.4× (34.51%)
FY2016 40.3× 1.64%

Quarterly newest first

Period Book value per share Change
Sep 2026 32.2× 1.20%
Jun 2026 31.8× (2.32%)
Mar 2026 32.6× 1.54%
Dec 2025 32.1× (1.13%)
43 more quarters

Against its own ten years

Low 26.4× High 40.3×
Ten-year median 32.1×
Current reading's percentile 55

Book value per share against peers

Company Book value per share
ARE Alexandria Real Estate Equities, Inc. compare 108×
SLG SL Green Realty Corporation compare 59.6×
BXP BXP, Inc. compare 48.9×
KRC Kilroy Realty Corporation compare 46.5×
VNO Vornado Realty Trust 32.2×
CUZ Cousins Properties Incorporated compare 27.1×
HIW Highwoods Properties, Inc. compare 23.3×
DEI Douglas Emmett, Inc. compare 20.9×
CDP COPT Defense Properties compare 14.1×

What Book value per share is

BV per Share tells an investor how much of a company’s accounting net worth stands behind each share.

(Shareholders Equity (Total) ÷ Shares (Basic, Weighted))

The full definition of Book value per share →

More on VNO