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) P/E ratio
As of 30 October 2026, Vornado Realty Trust (VNO) trades at a P/E ratio of 1,723×. Over the past ten years it has ranged from 0.0× (December 2024) to 2,046× (August 2026); the current reading is higher than 98% of that period. That is above the Reit Office industry median of 36.8× and above the Real Estate sector median of 22.3×.
P/E ratio, daily
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Annual newest first
| Period | P/E ratio | Change |
|---|---|---|
| FY2025 | 7.6× | (99.10%) |
| FY2024 | 841× | 573.81% |
| FY2023 | 125× | — |
| FY2022 | 0.0× | — |
| FY2021 | 79.0× | — |
| FY2020 | 0.0× | — |
| FY2019 | 4.1× | (86.59%) |
| FY2018 | 30.6× | (66.41%) |
| FY2017 | 91.0× | 367.34% |
| FY2016 | 19.5× | (13.29%) |
Quarterly newest first
| Period | P/E ratio | Change |
|---|---|---|
| Jun 2026 | 1,965× | 28,705.98% |
| Mar 2026 | 6.8× | (10.22%) |
| Dec 2025 | 7.6× | (17.70%) |
| Sep 2025 | 9.2× | 2.12% |
| 42 more quarters | Free account |
Against its own ten years
P/E ratio against peers
| Company | P/E ratio |
|---|---|
| ARE Alexandria Real Estate Equities, Inc. compare | n/m |
| SLG SL Green Realty Corporation compare | n/m |
| DEI Douglas Emmett, Inc. compare | n/m |
| HIW Highwoods Properties, Inc. compare | 20.4× |
| CDP COPT Defense Properties compare | 23.2× |
| KRC Kilroy Realty Corporation compare | 25.3× |
| BXP BXP, Inc. compare | 33.7× |
| CUZ Cousins Properties Incorporated compare | 737× |
| VNO Vornado Realty Trust | 1,723× |
| Reit Office industry median | 36.8× |
| Real Estate sector median | 22.3× |
| Market median | 18.6× |
What P/E ratio is
Price to Earnings Ratio shows how much investors pay for each dollar of a company’s annual profit per share.
Stock Price ÷ EPS (Basic) (TTM)