See more : The a2 Milk Company Limited (ACOPF) Income Statement Analysis – Financial Results
Complete financial analysis of Vornado Realty Trust (VNO) income statement, including revenue, profit margins, EPS and key performance metrics. Get detailed insights into the financial performance of Vornado Realty Trust, a leading company in the REIT – Office industry within the Real Estate sector.
You may be interested
- Infinity Stone Ventures Corp. (GEMS.CN) Income Statement Analysis – Financial Results
- Substrate Artificial Inteligence, S.A. (SAI.MC) Income Statement Analysis – Financial Results
- Zeons Corporation (ZEON) Income Statement Analysis – Financial Results
- Zenovia Digital Exchange Corporation (ZDEC) Income Statement Analysis – Financial Results
- 11 bit studios S.A. (11B.WA) Income Statement Analysis – Financial Results
Vornado Realty Trust (VNO)
About Vornado Realty Trust
Vornado's portfolio is concentrated in the nation's key market New York City along with the premier asset in both Chicago and San Francisco. Vornado is also the real estate industry leader in sustainability policy. The company owns and manages over 23 million square feet of LEED certified buildings and received the Energy Star Partner of the Year Award, Sustained Excellence 2019. In 2012, Vornado commemorated 50 years on the NYSE.
| Metric | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | 2007 | 2006 | 2005 | 2004 | 2003 | 2002 | 2001 | 2000 | 1999 | 1998 | 1997 | 1996 | 1995 | 1994 | 1993 | 1992 | 1991 | 1990 | 1989 | 1988 | 1987 | 1986 | 1985 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 1.81B | 1.80B | 1.59B | 1.53B | 1.92B | 2.16B | 2.08B | 2.51B | 2.50B | 2.64B | 2.76B | 2.77B | 2.92B | 2.78B | 2.74B | 2.70B | 2.97B | 2.71B | 2.55B | 1.71B | 1.50B | 1.44B | 979.67M | 803.61M | 663.50M | 454.40M | 202.60M | 117.30M | 102.80M | 87.90M | 48.00M | 40.60M | 40.60M | 32.70M | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Cost of Revenue | 905.16M | 873.91M | 797.32M | 789.07M | 917.98M | 963.48M | 886.60M | 1.02B | 1.01B | 1.06B | 1.09B | 1.25B | 1.24B | 1.10B | 1.09B | 1.07B | 1.63B | 1.37B | 1.31B | 679.79M | 583.66M | 541.60M | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Gross Profit | 906.01M | 926.08M | 791.90M | 738.89M | 1.01B | 1.20B | 1.20B | 1.48B | 1.49B | 1.57B | 1.67B | 1.52B | 1.68B | 1.68B | 1.65B | 1.63B | 1.34B | 1.35B | 1.24B | 1.03B | 919.40M | 893.47M | 979.67M | 803.61M | 663.50M | 454.40M | 202.60M | 117.30M | 102.80M | 87.90M | 48.00M | 40.60M | 40.60M | 32.70M | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Gross Profit Ratio | 50.02% | 51.45% | 49.83% | 48.36% | 52.31% | 55.47% | 57.46% | 59.13% | 59.59% | 59.61% | 60.63% | 54.88% | 57.56% | 60.45% | 60.34% | 60.32% | 45.10% | 49.62% | 48.77% | 60.18% | 61.17% | 62.26% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| Research & Development | 0.00 | -0.20 | 0.12 | -0.28 | 1.79 | 0.21 | 0.15 | 0.29 | 0.00 | 0.00 | 32.21M | 226.62M | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| General & Administrative | 162.88M | 133.73M | 134.55M | 181.51M | 169.92M | 141.87M | 159.00M | 179.28M | 175.31M | 185.92M | 211.10M | 201.89M | 209.98M | 214.23M | 231.69M | 194.03M | 232.07M | 221.36M | 183.00M | 145.22M | 122.41M | 98.46M | 72.57M | 47.91M | 40.20M | 28.60M | 13.60M | 5.20M | 6.70M | 6.50M | 4.20M | 4.20M | 4.80M | 7.60M | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Selling & Marketing | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| SG&A | 162.88M | 133.73M | 134.55M | 181.51M | 169.92M | 141.87M | 159.00M | 179.28M | 175.31M | 185.92M | 211.10M | 201.89M | 209.98M | 214.23M | 231.69M | 194.03M | 232.07M | 221.36M | 183.00M | 145.22M | 122.41M | 98.46M | 72.57M | 47.91M | 40.20M | 28.60M | 13.60M | 5.20M | 6.70M | 6.50M | 4.20M | 4.20M | 4.80M | 7.60M | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Other Expenses | 0.00 | 504.50M | 412.35M | 399.70M | 419.11M | -31.32M | 13.23M | 7.31M | 7.66M | 10.60M | 6.70M | 7.16M | 7.83M | 7.92M | 4.32M | 537.43M | 0.00 | 397.40M | 334.96M | 242.91M | 215.03M | -27.50M | -615.43M | -447.25M | -359.50M | -215.40M | -112.30M | -44.40M | -40.10M | -39.00M | 4.10M | -8.60M | 2.60M | 3.60M | 10.40M | 10.10M | 9.90M | 14.10M | 11.00M |
| Operating Expenses | 162.88M | 638.23M | 546.89M | 581.20M | 589.03M | 588.44M | 588.39M | 744.34M | 718.26M | 722.15M | 742.31M | 719.71M | 763.79M | 744.93M | 771.19M | 731.45M | 232.07M | 618.76M | 517.96M | 388.13M | 337.44M | 304.28M | -542.85M | -399.34M | -319.30M | -186.80M | -98.70M | -39.20M | -33.40M | -32.50M | 8.30M | -4.40M | 7.40M | 11.20M | 10.40M | 10.10M | 9.90M | 14.10M | 11.00M |
| Cost & Expenses | 1.07B | 1.51B | 1.34B | 1.37B | 1.51B | 1.55B | 1.47B | 1.77B | 1.73B | 1.79B | 1.83B | 1.97B | 2.00B | 1.84B | 1.86B | 1.80B | 1.86B | 1.99B | 1.82B | 1.07B | 921.10M | 845.88M | -542.85M | -399.34M | -319.30M | -186.80M | -98.70M | -39.20M | -33.40M | -32.50M | 8.30M | -4.40M | 7.40M | 11.20M | 10.40M | 10.10M | 9.90M | 14.10M | 11.00M |
| Interest Income | 26.67M | 19.87M | 4.61M | 12.81M | 21.82M | 17.06M | 17.59M | 29.55M | 14.03M | 14.52M | 26.19M | 21.02M | 21.85M | 18.24M | 42.36M | 86.84M | 228.50M | 262.19M | 167.23M | 204.00M | 25.40M | 31.69M | 54.39M | 32.93M | 18.50M | 24.10M | 23.80M | 6.60M | 11.80M | 0.00 | 11.70M | 0.00 | 9.30M | 11.10M | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Interest Expense | 325.92M | 257.96M | 231.10M | 234.75M | 264.80M | 330.89M | 311.59M | 373.13M | 345.86M | 420.79M | 457.60M | 476.27M | 523.29M | 541.73M | 616.59M | 571.53M | 634.55M | 215.59M | 161.71M | 30.90M | 204.26M | 207.84M | 173.08M | 170.27M | 141.70M | 114.70M | 42.90M | 16.70M | 16.40M | 14.20M | 31.20M | 33.90M | 34.90M | 32.20M | 10.40M | 10.10M | 9.90M | 14.10M | 11.00M |
| Depreciation & Amortization | 457.57M | 1.46B | 1.35B | 1.61B | 1.63B | 1.63B | 1.82B | 1.46B | 566.21M | 583.41M | 562.00M | 557.89M | 580.99M | 556.31M | 559.05M | 577.34M | 462.64M | 413.16M | 346.78M | 253.82M | 219.91M | 205.83M | 123.86M | 99.85M | 83.60M | 59.20M | 47.40M | 14.70M | 11.80M | 10.80M | 11.40M | 11.50M | 11.30M | 9.70M | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| EBITDA | 845.61M | 423.32M | 792.48M | 228.26M | 3.49B | 1.25B | 1.16B | 1.48B | 1.31B | 1.38B | 1.16B | 1.50B | 1.68B | 1.59B | 1.26B | 1.21B | 1.70B | 1.15B | 1.11B | 960.84M | 882.06M | 790.85M | 591.10M | 563.72M | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 68.00M | 47.70M | 64.20M | 53.60M | 10.40M | 10.10M | 9.90M | 14.10M | 11.00M |
| EBITDA Ratio | 46.69% | 19.49% | 49.87% | 14.94% | 181.16% | 49.34% | 54.59% | 58.57% | 52.28% | 50.91% | 41.85% | 64.21% | 55.45% | 57.03% | 56.14% | 48.27% | 57.00% | 42.77% | 43.59% | 54.94% | 58.90% | 58.65% | 57.23% | 62.73% | 64.48% | 71.92% | 74.68% | 79.11% | 78.99% | 75.31% | 141.04% | 117.49% | 146.06% | 163.91% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| Operating Income | 815.87M | -175.44M | 380.13M | -171.43M | 3.07B | 582.96M | 607.37M | 550.79M | 760.25M | 815.64M | 874.19M | 677.63M | 856.15M | 805.86M | 795.78M | 814.03M | 1.23B | 726.91M | 724.64M | 637.87M | 581.96M | 554.82M | 436.81M | 404.26M | 344.20M | 267.60M | 103.90M | 78.10M | 69.40M | 55.40M | 56.30M | 36.20M | 48.00M | 43.90M | 10.40M | 10.10M | 9.90M | 14.10M | 11.00M |
| Operating Income Ratio | 45.05% | -9.75% | 23.92% | -11.22% | 159.38% | 26.94% | 29.14% | 21.98% | 30.38% | 30.94% | 31.66% | 24.49% | 29.36% | 28.99% | 29.02% | 30.18% | 41.44% | 26.80% | 28.44% | 37.36% | 38.72% | 38.66% | 44.59% | 50.31% | 51.88% | 58.89% | 51.28% | 66.58% | 67.51% | 63.03% | 117.29% | 89.16% | 118.23% | 134.25% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| Total Other Income/Expenses | -753.76M | -648.80M | -10.50M | -569.53M | 103.44M | -123.36M | -287.64M | 4.39M | -37.78M | -257.26M | -540.73M | -608.79M | -236.86M | -54.98M | -698.50M | -734.85M | -278.35M | -63.44M | -80.96M | 31.01M | -118.58M | -162.67M | -82.44M | -34.46M | -225.30M | -173.90M | -90.30M | -31.40M | -28.20M | -25.00M | -30.90M | -33.90M | -30.00M | -32.20M | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Income Before Tax | 62.11M | -360.95M | 197.06M | -425.22M | 3.44B | 459.60M | 318.45M | 983.06M | 722.47M | 505.19M | 133.82M | 416.73M | 619.29M | 750.89M | 97.28M | 79.19M | 587.50M | 607.29M | 641.04M | 671.63M | 463.52M | 403.62M | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 25.40M | 2.30M | 18.00M | 11.70M | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Income Before Tax Ratio | 3.43% | -20.05% | 12.40% | -27.83% | 178.61% | 21.24% | 15.28% | 39.23% | 28.87% | 19.17% | 4.85% | 15.06% | 21.24% | 27.01% | 3.55% | 2.94% | 19.76% | 22.39% | 25.16% | 39.34% | 30.84% | 28.13% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 52.92% | 5.67% | 44.33% | 35.78% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| Income Tax Expense | 29.22M | 21.66M | -10.50M | 36.63M | 103.44M | 37.63M | 41.09M | 8.31M | -84.70M | 11.00M | -6.41M | 8.13M | 24.83M | 22.48M | 20.74M | -204.54M | 10.53M | -28.92M | 62.39M | 60.41M | 470.00K | 195.06M | 173.08M | 170.27M | 141.70M | 114.70M | 42.90M | 16.70M | 16.40M | 14.20M | -6.40M | 1.10M | 7.50M | 4.80M | -10.40M | -10.10M | -9.90M | -14.10M | -11.00M |
| Net Income | 105.49M | -382.61M | 176.00M | -461.85M | 3.15B | 449.95M | 227.42M | 960.57M | 760.43M | 864.85M | 475.97M | 617.26M | 662.30M | 647.88M | 106.17M | 395.04M | 635.69M | 560.14M | 539.60M | 592.92M | 460.70M | 232.90M | 263.74M | 233.99M | 202.50M | 152.90M | 61.00M | 61.40M | 53.00M | 41.20M | 28.00M | 1.20M | 10.20M | 4.30M | 10.40M | 10.10M | 9.90M | 14.10M | 11.00M |
| Net Income Ratio | 5.82% | -21.26% | 11.07% | -30.23% | 163.55% | 20.80% | 10.91% | 38.33% | 30.39% | 32.81% | 17.24% | 22.31% | 22.72% | 23.31% | 3.87% | 14.65% | 21.38% | 20.65% | 21.18% | 34.73% | 30.65% | 16.23% | 26.92% | 29.12% | 30.52% | 33.65% | 30.11% | 52.34% | 51.56% | 46.87% | 58.33% | 2.96% | 25.12% | 13.15% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| EPS | 0.23 | -2.00 | 0.92 | -2.42 | 16.23 | 2.36 | 0.85 | 5.08 | 3.61 | 4.18 | 2.10 | 2.95 | 3.26 | 3.27 | 0.28 | 1.96 | 3.18 | 3.47 | 3.62 | 4.47 | 3.84 | 1.94 | 2.50 | 2.22 | 1.93 | 1.59 | 0.81 | 1.24 | 2.21 | 0.93 | 0.69 | 0.04 | 0.30 | 0.13 | 0.30 | 0.27 | 0.25 | 0.29 | 0.22 |
| EPS Diluted | 0.23 | -2.00 | 0.92 | -2.42 | 16.21 | 2.35 | 0.85 | 5.08 | 3.59 | 4.15 | 2.09 | 2.94 | 3.23 | 3.24 | 0.28 | 1.91 | 3.18 | 3.28 | 3.43 | 4.27 | 3.73 | 1.87 | 2.42 | 2.16 | 1.90 | 1.56 | 0.77 | 1.23 | 2.21 | 0.93 | 0.60 | 0.04 | 0.30 | 0.13 | 0.30 | 0.27 | 0.25 | 0.29 | 0.22 |
| Weighted Avg Shares Out | 191.01M | 191.78M | 191.55M | 191.15M | 190.80M | 190.51M | 189.53M | 188.84M | 188.35M | 187.57M | 186.94M | 185.81M | 184.31M | 182.34M | 171.60M | 153.90M | 151.95M | 144.96M | 143.81M | 127.73M | 114.57M | 107.99M | 90.88M | 88.24M | 87.54M | 82.59M | 55.91M | 49.70M | 47.45M | 44.46M | 40.79M | 30.60M | 33.56M | 33.73M | 34.21M | 36.79M | 40.39M | 47.93M | 50.99M |
| Weighted Avg Shares Out (Dil) | 191.86M | 191.78M | 192.12M | 191.15M | 191.05M | 191.46M | 191.26M | 189.10M | 189.56M | 188.69M | 187.71M | 186.53M | 186.02M | 184.16M | 173.50M | 158.12M | 151.95M | 153.39M | 143.81M | 135.78M | 118.97M | 111.84M | 93.90M | 90.45M | 88.89M | 84.15M | 58.74M | 50.09M | 47.45M | 44.46M | 46.81M | 30.60M | 33.56M | 33.73M | 34.21M | 36.79M | 40.39M | 47.93M | 50.99M |
Compared to Estimates, Vornado (VNO) Q3 Earnings: A Look at Key Metrics
The headline numbers for Vornado (VNO) give insight into how the company performed in the quarter ended September 2024, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.
Vornado (VNO) Surpasses Q3 FFO and Revenue Estimates
Vornado (VNO) came out with quarterly funds from operations (FFO) of $0.52 per share, beating the Zacks Consensus Estimate of $0.51 per share. This compares to FFO of $0.66 per share a year ago.
Vornado Announces Third Quarter 2024 Financial Results
NEW YORK, Nov. 04, 2024 (GLOBE NEWSWIRE) -- Vornado Realty Trust (NYSE: VNO) reported today: Quarter Ended September 30, 2024 Financial Results NET LOSS attributable to common shareholders for the quarter ended September 30, 2024 was $19,154,000, or $0.10 per...
Vornado Declares Quarterly Dividends On Preferred Shares
NEW YORK, Oct. 31, 2024 (GLOBE NEWSWIRE) -- Vornado Realty Trust (NYSE:VNO) announced today that its Board of Trustees has declared the following quarterly preferred dividends:
Gear Up for Vornado (VNO) Q3 Earnings: Wall Street Estimates for Key Metrics
Beyond analysts' top -and-bottom-line estimates for Vornado (VNO), evaluate projections for some of its key metrics to gain a better insight into how the business might have performed for the quarter ended September 2024.
Vornado Announces Third Quarter Earnings Release Date and Conference Call Information
NEW YORK, Oct. 22, 2024 (GLOBE NEWSWIRE) -- Vornado Realty Trust (NYSE:VNO) announced today that it will file its quarterly report on Form 10-Q for the quarter ended September 30, 2024 with the U.S. Securities and Exchange Commission and issue its third...
Office REITs Finally Turn Around. Vornado Is One Investor's Pick.
Jeffrey Kolitch of Baron Real Estate Fund is putting money into Vornado, an office REIT with high-end properties in New York City.
Vornado Realty Trust Announces Primark will Open its First Manhattan Store in THE PENN DISTRICT
NEW YORK, Oct. 08, 2024 (GLOBE NEWSWIRE) -- Vornado Realty Trust (NYSE:VNO) announced today that Primark, the international clothing retailer, has signed a 78,760 square foot lease to open its first Manhattan store at 150 West 34th Street in THE...
Vornado Rises 57.6% in Three Months: Will the Trend Last?
Tenants' healthy demand for premier office spaces and portfolio-repositioning initiatives is well-poised to support VNO's performance.
Raise Cash And Sell Trash
As a dividend growth investor focused on income, I recommend raising cash and selling lower-quality stocks due to potential recession risks. Historical data shows that rate cuts often precede recessions, making it prudent to increase cash positions and reduce exposure...
Source: https://incomestatements.info
Category: Stock Reports