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Vornado Realty VNO Free cash flow

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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

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

Calculated from Vornado Realty’s reported figures.

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 free cash flow?
Vornado Realty (VNO) reported free cash flow of -$124.09M in Q1 2026.
How has Vornado Realty's free cash flow changed year-over-year?
Vornado Realty's free cash flow decreased by 338.5% year-over-year, from $52.03M to -$124.09M.
What is the long-term trend for Vornado Realty's free cash flow?
Over 3 years (2021 to 2024), Vornado Realty's free cash flow has grown at a -10.8% compound annual growth rate (CAGR), from $758.81M to $537.72M.
What does free cash flow mean?
Free cash flow represents the cash generated by a company after accounting for cash outflows to support operations and maintain or expand its capital asset base. It serves as a critical indicator of a company's ability to fund organic growth, pay down debt, or return capital to shareholders without relying on external financing.