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.
- Revenue
- +3.08%
- EPS
- −510.0%
- Free cash flow
- +35.9%
- Total debt
- +3.66%
Quarter to September 2026, against a year earlier
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Vornado Realty Trust (VNO) Return on invested capital
Vornado Realty Trust's return on invested capital over the twelve months to 30 September 2026 was 0.82%, down 0.5 percentage points from fiscal 2025 (1.33%). Over the past ten years it has ranged from −0.11% (fiscal 2020) to 2.97% (fiscal 2017); the current reading is higher than 55% of that period. That is below the Reit Office industry median of 1.33% and below the Real Estate sector median of 2.06%.
Return on invested capital, annual
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Annual newest first
| Period | Return on invested capital | Change (points) |
|---|---|---|
| FY2025 | 1.33% | 0.11 |
| FY2024 | 1.22% | 0.01 |
| FY2023 | 1.21% | (0.07) |
| FY2022 | 1.28% | 0.23 |
| FY2021 | 1.05% | 1.16 |
| FY2020 | −0.11% | (1.54) |
| FY2019 | 1.43% | (1.13) |
| FY2018 | 2.56% | (0.41) |
| FY2017 | 2.97% | 0.63 |
| FY2016 | 2.34% | 0.01 |
Against its own ten years
Return on invested capital against peers
| Company | Return on invested capital |
|---|---|
| CDP COPT Defense Properties compare | 3.66% |
| BXP BXP, Inc. compare | 2.98% |
| HIW Highwoods Properties, Inc. compare | 2.37% |
| CUZ Cousins Properties Incorporated compare | 1.94% |
| KRC Kilroy Realty Corporation compare | 1.60% |
| DEI Douglas Emmett, Inc. compare | 1.34% |
| ARE Alexandria Real Estate Equities, Inc. compare | 1.03% |
| VNO Vornado Realty Trust | 0.82% |
| SLG SL Green Realty Corporation compare | 0.51% |
| Reit Office industry median | 1.33% |
| Real Estate sector median | 2.06% |
| Market median | 0.00% |
What Return on invested capital is
Return on Invested Capital shows how much after-tax operating profit a company earns on the money its lenders and shareholders have put in.
TTM: (Operating Income × 0.625) ÷ (Shareholders Equity (Total) (latest quarter) + Long Term Debt (Total) (latest quarter) + Current Part of Debt (latest quarter) − Cash & Short Term Investments (latest quarter)); Annual: (Operating Income × 0.625) ÷ (Shareholders Equity (Total) + Long Term Debt (Total) + Current Part of Debt − Cash & Short Term Investments)
More on VNO
- Revenue
- Net income
- EPS (diluted)
- EBITDA
- Free cash flow
- Operating cash flow
- Gross margin
- Operating margin
- Net margin
- Free cash flow margin
- P/E ratio
- P/S ratio
- P/B ratio
- Price to free cash flow
- EV/EBITDA
- EV/Sales
- EV/FCF
- Return on equity
- Return on assets
- Debt to equity
- Current ratio
- Total debt
- Shares outstanding
- Book value per share
- Revenue growth
- Piotroski F-score
- The full statement