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

Vornado Realty Trust (VNO) EBITDA

Alert me on EBITDA

Vornado Realty Trust's EBITDA for fiscal 2025 was $763.2M, unchanged from fiscal 2024. Over the twelve months to 30 September 2026 it was $759.6M. Over the past ten years it has ranged from $378.3M (fiscal 2020) to $1.1B (fiscal 2016); the current reading is higher than 55% of that period. Vornado Realty Trust ranks 3rd of 19 Reit Office companies by EBITDA.

EBITDA, annual

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Annual newest first

Period EBITDA Change
FY2025 $763.2M 1.21%
FY2024 $754.1M 6.32%
FY2023 $709.3M (9.91%)
FY2022 $787.3M 22.12%
FY2021 $644.7M 70.43%
FY2020 $378.3M (47.36%)
FY2019 $718.6M (29.35%)
FY2018 $1.0B (6.83%)
FY2017 $1.1B (2.69%)
FY2016 $1.1B 1.39%

Quarterly newest first

Period EBITDA Change
Sep 2026 $196.4M (2.72%)
Jun 2026 $201.9M 15.77%
Mar 2026 $174.4M (6.69%)
Dec 2025 $186.9M 6.83%
43 more quarters

Against its own ten years

Low $378.3M High $1.1B
Ten-year median $763.2M
Current reading's percentile 55

EBITDA against peers

What EBITDA is

EBITDA shows what a company earns from its operations before interest, taxes and the non-cash charges for depreciation and amortization.

Reported line item

The full definition of EBITDA →

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