Vornado Realty Trust
Vornado Realty Trust’s revenue for fiscal 2025 (year ended December 2025) was $1.8 billion, up 1.27% from fiscal 2024. In the quarter to June 2026, revenue grew 4.71%, EPS fell 97.9%, free cash flow fell 90.5% and total debt rose 4.92%, each against the same quarter a year earlier. Insiders bought in the last twelve months.
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Vornado Realty Trust (VNO) EV/Sales
As of 30 October 2026, Vornado Realty Trust (VNO) trades at a EV/Sales of 7.1×. Over the past ten years it has ranged from 5.2× (May 2023) to 13.8× (December 2016); the current reading is higher than 22% of that period. That is in line with the Reit Office industry median of 6.8× and in line with the Real Estate sector median of 7.3×.
EV/Sales, daily
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Annual newest first
| Period | EV/Sales | Change |
|---|---|---|
| FY2025 | 6.9× | (19.84%) |
| FY2024 | 8.6× | 24.32% |
| FY2023 | 6.9× | 13.41% |
| FY2022 | 6.1× | (34.38%) |
| FY2021 | 9.3× | 10.39% |
| FY2020 | 8.4× | (12.75%) |
| FY2019 | 9.6× | (0.65%) |
| FY2018 | 9.7× | (10.32%) |
| FY2017 | 10.8× | (9.39%) |
| FY2016 | 11.9× | (3.06%) |
Quarterly newest first
| Period | EV/Sales | Change |
|---|---|---|
| Jun 2026 | 7.6× | 21.53% |
| Mar 2026 | 6.2× | (9.20%) |
| Dec 2025 | 6.9× | (8.79%) |
| Sep 2025 | 7.5× | 5.15% |
| 42 more quarters | Free account |
Against its own ten years
EV/Sales against peers
| Company | EV/Sales |
|---|---|
| ARE Alexandria Real Estate Equities, Inc. compare | 6.8× |
| DEI Douglas Emmett, Inc. compare | 7.0× |
| VNO Vornado Realty Trust | 7.1× |
| BXP BXP, Inc. compare | 7.2× |
| SLG SL Green Realty Corporation compare | 7.3× |
| KRC Kilroy Realty Corporation compare | 7.8× |
| CDP COPT Defense Properties compare | 8.1× |
| HIW Highwoods Properties, Inc. compare | 8.1× |
| CUZ Cousins Properties Incorporated compare | 8.3× |
| Reit Office industry median | 6.8× |
| Real Estate sector median | 7.3× |
| Market median | 2.2× |
What EV/Sales is
EV/Sales tells an investor how the value of a whole company, counting its debt and cash, compares with the sales it brings in.
((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)) ÷ Revenue (TTM)