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) EV/FCF

Alert me on EV/FCF

As of 6 November 2026, Vornado Realty Trust (VNO) trades at a EV/FCF of 258×. Over the past ten years it has ranged from −1,004× (November 2022) to 25,540× (February 2017); the current reading is higher than 87% of that period.

EV/FCF, daily

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Annual newest first

Period EV/FCF Change
FY2025 14.7× (93.08%)
FY2024 212× —
FY2023 −107× —
FY2022 −111× —
FY2021 557× —
FY2020 −38.4× —
FY2019 −84.0× —
FY2018 140× 44.75%
FY2017 96.4× (99.61%)
FY2016 24,577× —

Quarterly newest first

Period EV/FCF Change
Sep 2026 251× (46.70%)
Jun 2026 471× 3,335.39%
Mar 2026 13.7× (6.73%)
Dec 2025 14.7× (4.72%)
43 more quarters

Against its own ten years

Low −1,004× High 25,540×
Ten-year median −39.2×
Current reading's percentile 74

EV/FCF against peers

What EV/FCF is

EV/Free CF shows how the value of a whole company, debt included, compares with the free cash its business produces.

((Stock Price × Shares (Basic, Weighted) (latest quarter)) + (Long Term Debt (Total) (latest quarter) + Current Part of Debt (latest quarter)) − Cash & Short Term Investments (latest quarter)) ÷ (Operating Cash Flow (TTM) + Property, Plant, Equipment Change (Net) (TTM) + Intangible Assets Change (Net) (TTM))

The full definition of EV/FCF →

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