What is Vornado Realty's capex?

Vornado Realty (VNO) reported capex of $171.84M in Q1 2026.

What is the long-term trend for Vornado Realty's capex?

Over 4 years (2021 to 2025), Vornado Realty's capex has grown at a 215.3% compound annual growth rate (CAGR), from $3M to $296.68M.

What does capex mean?

Cash spent on property, plant, and equipment — the primary measure of investment in productive capacity and infrastructure.

Vornado Realty VNO CapEx

CapEx at other companies

Mid-America Apartment CommunitiesMAA

$58.37M-19.6%

Toll BrothersTOL

$24.47M+56.9%

D.R. HortonDHI

——

Other financials

Income statement

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Revenue$459.1M-0.5%

Net income-$7.3M-107%

EPS (diluted)-$0.12-128%

Balance sheet

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Cash & equivalents$1.2B+50.1%

Total debt$3.5B+376%

Total equity$6.0B+13.2%

Total assets$15.9B+2.1%

Cash flow

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Operating cash flow$47.7M-8.2%

Free cash flow-$124.1M-338%

Valuation

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Market cap$7.11B-29.8%

Enterprise value$9.4B+3.6%

P/E8.9×-52.0×

P/S3.9×-1.7×

Profitability

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Operating margin26.9%—

Net margin44%+34.8pp

FCF margin75.8%+47.7pp

Returns & leverage

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Return on equity14%+11.0pp

Debt / equity0.6×+0.4×

Where this comes from

Reported directly by Vornado Realty in its filing.

Tagged under the XBRL concept us-gaap:PaymentsToAcquireOtherPropertyPlantAndEquipment.

The official record: Vornado Realty’s 10-Q, filed May 4, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Vornado Realty's capex?: Vornado Realty (VNO) reported capex of $171.84M in Q1 2026.
What is the long-term trend for Vornado Realty's capex?: Over 4 years (2021 to 2025), Vornado Realty's capex has grown at a 215.3% compound annual growth rate (CAGR), from $3M to $296.68M.
What does capex mean?: Cash spent on property, plant, and equipment — the primary measure of investment in productive capacity and infrastructure.