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Vornado Realty VNO Pre-Tax Income

Pre-Tax Income at other companies

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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
Debt / equity0.6×+0.4×

Where this comes from

Reported directly by Vornado Realty in its filing.

Tagged under the XBRL concept us-gaap:IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest.

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

Filed
May 4, 2026, 4:24 PM EDT
Fiscal quarter
Q1 FY2026
Calendar quarter
Q1 2026
Accession
0000899689-26-000026
(Amounts in thousands, except per share amounts)For the Three Months Ended March 31, 2026For the Three Months Ended March 31, 2025
Income (expense) from deferred compensation plan assets581(1,089)
Interest and debt expense(89,206)(95,816)
Net gains on disposition of wholly owned and partially owned assets15,551
(Loss) income before income taxes(16,118)107,017
Income tax expense(5,908)(7,193)
Net (loss) income(22,026)99,824
Less net loss (income) attributable to noncontrolling interests in:
Consolidated subsidiaries12,69010,433

Item 1. Financial Statements of Vornado Realty Trust:

FAQ

What is Vornado Realty's pre-tax income?
Vornado Realty (VNO) reported pre-tax income of -$16.12M in Q1 2026.
How has Vornado Realty's pre-tax income changed year-over-year?
Vornado Realty's pre-tax income decreased by 115.1% year-over-year, from $107.02M to -$16.12M.
What is the long-term trend for Vornado Realty's pre-tax income?
Over 3 years (2021 to 2025), Vornado Realty's pre-tax income has grown at a 69.0% compound annual growth rate (CAGR), from $197.06M to $950.71M.
What does pre-tax income mean?
Total income from all sources — operating income plus non-operating items like interest income, investment gains, and other income — before the provision for income taxes.

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