Vornado Realty Trust
Statements
Ratios
Valuation ratios (P/E, P/S, EV/EBITDA and the other multiples) are based on the closing price at the end of each period, not on the current price. Margins and returns are shown in percent, multiples without a unit, per-share figures in the reporting currency, net debt in millions.
Tick rows to compare them in a chart (up to 4)
| Line item | 1996 | 1997 | 1998 | 1999 | 2000 | 2001 | 2002 | 2003 | 2004 | 2005 | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Valuation | ||||||||||||||||||||||||||||||
| 15.5 | 32.6 | 13.5 | 10.4 | 10.8 | 10.8 | 13.1 | 10.4 | 12.7 | 16.3 | 24.3 | 15.4 | 17.7 | 83.6 | 17.3 | 15.8 | 17.7 | 25.6 | 18.8 | 20.2 | 16.6 | 65.8 | 26.4 | 4.0 | – | 45.7 | – | 51.5 | 117.3 | 7.1 | |
| 8.1 | 9.8 | 4.5 | 3.2 | 3.2 | 2.9 | 2.1 | 3.2 | 4.4 | 3.4 | 5.0 | 3.3 | 2.6 | 3.2 | 4.0 | 3.6 | 4.0 | 4.4 | 6.2 | 6.1 | 6.4 | 7.2 | 5.5 | 6.6 | 4.7 | 5.1 | 2.2 | 3.0 | 4.6 | 3.5 | |
| 3.4 | 1.5 | 1.2 | 1.0 | 1.2 | 1.1 | 1.2 | 1.5 | 1.9 | 1.7 | 2.2 | 1.6 | 1.2 | 1.4 | 1.8 | 1.5 | 1.2 | 1.8 | 1.8 | 2.3 | 2.3 | 2.5 | 2.7 | 1.9 | 1.1 | 1.3 | 0.7 | 1.0 | 1.6 | 1.1 | |
| – | – | – | – | 6.3 | 4.3 | 4.5 | 5.5 | 7.0 | 5.7 | 7.5 | 7.1 | 6.7 | 7.1 | 7.5 | 6.8 | 8.0 | 7.8 | 9.9 | 10.3 | 10.0 | 11.3 | 9.8 | 9.7 | 8.4 | 9.4 | 6.4 | 7.0 | 8.8 | 7.0 | |
| – | – | – | – | 8.9 | 7.2 | 8.2 | 9.3 | 12.4 | 13.0 | 17.6 | 12.5 | 14.9 | 15.5 | 13.2 | 11.8 | 14.7 | 18.7 | 18.8 | 19.6 | 17.0 | 20.3 | 16.9 | 4.5 | 63.4 | 17.7 | 27.1 | 15.0 | 17.9 | 7.2 | |
| 17.0 | – | – | – | – | 8.9 | 7.5 | 11.7 | 13.8 | – | – | – | – | – | 37.9 | 29.7 | 28.8 | 8.5 | 14.3 | 78.1 | 63.7 | 29.7 | 16.3 | 56.8 | 244.3 | 10.6 | 5.0 | 8.4 | 15.4 | 5.1 | |
| 5.9% | -40.2% | -37.6% | -10.4% | -4.8% | 11.2% | 13.3% | 8.6% | 7.2% | -2.2% | -6.6% | -23.9% | -0.2% | -0.5% | 2.6% | 3.4% | 3.5% | 11.8% | 7.0% | 1.3% | 1.6% | 3.4% | 6.1% | 1.8% | 0.4% | 9.5% | 20.0% | 11.9% | 6.5% | 19.7% | |
| Margins | ||||||||||||||||||||||||||||||
| 100.0% | 100.0% | 100.0% | 100.0% | 100.0% | 100.0% | 62.3% | 61.2% | 60.2% | 48.8% | 49.6% | 45.1% | 60.3% | 60.3% | 60.4% | 57.6% | 54.9% | 60.6% | 59.6% | 59.6% | 59.1% | 57.5% | 55.5% | 52.3% | 48.4% | 49.8% | 51.4% | 50.0% | 100.0% | 100.0% | |
| 66.6% | 51.3% | 58.9% | 51.9% | 50.3% | 44.6% | 38.7% | 38.7% | 37.4% | 28.4% | 26.8% | 41.4% | 30.2% | 29.0% | 29.0% | 29.4% | 24.5% | 31.7% | 30.9% | 30.4% | 22.0% | 29.1% | 26.9% | 21.7% | 9.4% | 15.4% | 16.0% | 16.6% | 14.8% | 15.0% | |
| 52.3% | 30.1% | 33.6% | 30.5% | 29.1% | 26.9% | 16.2% | 30.7% | 34.7% | 21.2% | 20.7% | 21.4% | 14.6% | 3.9% | 23.3% | 22.7% | 22.3% | 17.2% | 32.8% | 30.4% | 38.3% | 10.9% | 20.8% | 163.6% | -19.4% | 11.1% | -19.2% | 5.8% | 3.9% | 50.0% | |
| 47.7% | -395.1% | -170.7% | -33.0% | -15.1% | 32.7% | 28.1% | 27.2% | 32.0% | -7.7% | -33.0% | -78.7% | -0.6% | -1.8% | 10.7% | 12.1% | 13.7% | 52.0% | 43.1% | 7.8% | 10.0% | 24.2% | 33.6% | 11.6% | 1.9% | 47.9% | 44.4% | 35.8% | 30.1% | 69.5% | |
| Returns | ||||||||||||||||||||||||||||||
| 22.2% | 4.6% | 8.6% | 9.9% | 11.3% | 10.3% | 8.9% | 15.0% | 14.8% | 10.3% | 9.1% | 10.4% | 7.0% | 1.7% | 10.3% | 9.7% | 7.0% | 7.0% | 9.8% | 11.4% | 13.9% | 3.8% | 10.1% | 46.8% | -4.5% | 2.8% | -5.9% | 1.9% | 1.4% | 15.1% | |
| 10.9% | 2.4% | 3.5% | 3.7% | 3.7% | 3.9% | 2.6% | 4.8% | 5.1% | 4.0% | 3.1% | 2.8% | 1.8% | 0.5% | 3.2% | 3.2% | 2.8% | 2.4% | 4.1% | 3.6% | 4.6% | 1.3% | 2.6% | 17.2% | -1.8% | 1.0% | -2.1% | 0.7% | 0.4% | 5.8% | |
| Balance Sheet & Debt | ||||||||||||||||||||||||||||||
| – | – | – | – | 2,493 | 1,378 | 3,414 | 3,448 | 4,337 | 5,620 | 6,614 | 11,341 | 10,968 | 10,666 | 9,712 | 9,272 | 11,200 | 9,395 | 9,726 | 10,351 | 9,111 | 8,661 | 9,266 | 5,892 | 5,775 | 6,856 | 7,499 | 7,254 | 7,509 | 6,345 | |
| – | – | – | – | 4.4 | 2.3 | 4.3 | 3.9 | 4.5 | 5.1 | 5.8 | 6.7 | 9.1 | 8.5 | 6.1 | 5.5 | 7.5 | 8.1 | 7.0 | 7.9 | 6.2 | 7.5 | 7.4 | 1.4 | 28.4 | 8.2 | 17.7 | 8.6 | 8.5 | 3.6 | |
| 48.9% | 52.1% | 40.3% | 37.5% | 32.6% | 37.9% | 29.1% | 32.3% | 34.7% | 38.6% | 34.3% | 27.2% | 26.4% | 30.9% | 30.8% | 33.4% | 40.3% | 33.7% | 41.5% | 31.7% | 33.1% | 34.4% | 26.0% | 36.8% | 40.3% | 36.1% | 35.4% | 34.0% | 32.2% | 38.6% | |
| – | – | – | – | 1.3 | 0.6 | 1.4 | 1.2 | 1.2 | 1.1 | 1.4 | 2.0 | 2.2 | 1.8 | 1.6 | 1.4 | 1.4 | 1.5 | 1.2 | 1.8 | 1.5 | 1.7 | 2.2 | 1.1 | 1.1 | 1.4 | 1.4 | 1.5 | 1.6 | 1.2 | |
| Per Share | ||||||||||||||||||||||||||||||
| 1.23 | 1.04 | 1.82 | 2.28 | 2.59 | 2.81 | 2.08 | 3.87 | 4.37 | 3.75 | 3.65 | 4.18 | 2.50 | 0.61 | 3.52 | 3.56 | 3.31 | 2.54 | 4.58 | 4.01 | 5.08 | 1.19 | 2.35 | 16.47 | -1.55 | 0.92 | -1.81 | 0.55 | 0.36 | 4.72 | |
| 2.34 | 3.45 | 5.40 | 7.46 | 8.88 | 10.43 | 12.83 | 12.63 | 12.57 | 17.72 | 17.68 | 19.57 | 17.06 | 15.81 | 15.09 | 15.67 | 14.83 | 14.71 | 13.97 | 13.20 | 13.25 | 10.90 | 11.30 | 10.07 | 7.99 | 8.27 | 9.39 | 9.44 | 9.09 | 9.44 | |
| 5.52 | 22.37 | 21.18 | 23.12 | 22.98 | 27.37 | 23.49 | 25.87 | 29.55 | 36.60 | 40.10 | 40.27 | 35.82 | 35.98 | 34.29 | 36.71 | 47.44 | 36.04 | 46.78 | 35.33 | 36.48 | 31.33 | 23.32 | 35.23 | 34.18 | 32.46 | 30.45 | 28.71 | 26.23 | 31.22 | |
| 1.12 | -13.63 | -9.22 | -2.46 | -1.35 | 3.41 | 3.61 | 3.43 | 4.03 | -1.36 | -5.84 | -15.41 | -0.10 | -0.28 | 1.61 | 1.90 | 2.03 | 7.65 | 6.02 | 1.04 | 1.33 | 2.64 | 3.80 | 1.17 | 0.15 | 3.97 | 4.17 | 3.38 | 2.73 | 6.56 | |
Data as of: September 24, 2026 · Source: fundamental data & SEC filings (annual and quarterly reports, 10-K/10-Q)
Note: pure fact-based analysis, not investment advice and not a solicitation to buy or sell. All figures without guarantee.