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Vornado Realty VNO Debt-to-equity

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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%
CapEx$171.8M
Free cash flow-$124.1M-338%

Valuation

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Market cap$7.45B+2.7%
Enterprise value$9.74B+11.7%
P/E9.4×+1.1×
P/S4.1×+0.1×

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

Where this comes from

Calculated from Vornado Realty’s reported figures.

Based on the most recent quarter.

The source filing: Vornado Realty’s 10-Q, filed May 4, 2026. Open the filing →

Filed
May 4, 2026, 4:24 PM EDT
Fiscal quarter
Q1 FY2026
Calendar quarter
Q1 2026
Accession
0000899689-26-000026

FAQ

What is Vornado Realty's debt-to-equity?
Vornado Realty (VNO) reported debt-to-equity of 0.6× in Q1 2026.
How has Vornado Realty's debt-to-equity changed year-over-year?
Vornado Realty's debt-to-equity increased by 320.8% year-over-year, from 0.1× to 0.6×.
What is the long-term trend for Vornado Realty's debt-to-equity?
Over 5 years (2020 to 2025), Vornado Realty's debt-to-equity has grown at a 7.8% compound annual growth rate (CAGR), from 0.3× to 0.5×.
What does debt-to-equity mean?
Total debt (including capitalized leases and financing obligations) divided by shareholders' equity at the quarter end. Measures how much the company is financed by debt relative to equity.

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