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Vornado Realty VNO Net debt / EBITDA

Net debt / EBITDA at other companies

Equity Residential logo
Equity ResidentialEQR
0.1×0.0×
Mid-America Apartment Communities logo
Mid-America Apartment CommunitiesMAA
-0×+0.1×
Toll Brothers logo
Toll BrothersTOL
-0.6×+2.3×
D.R. Horton logo
D.R. HortonDHI
-0.4×0.0×

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$7.11B-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.

Based on the most recent quarter.

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 net debt / EBITDA?
Vornado Realty (VNO) reported net debt / EBITDA of 1.4× in Q1 2026.
How has Vornado Realty's net debt / EBITDA changed year-over-year?
Vornado Realty's net debt / EBITDA increased by 2120.3% year-over-year, from -0.1× to 1.4×.
What is the long-term trend for Vornado Realty's net debt / EBITDA?
Over 4 years (2020 to 2025), Vornado Realty's net debt / EBITDA has grown at a -17.6% compound annual growth rate (CAGR), from 2.4× to 1.1×.
What does net debt / EBITDA mean?
Net debt (total debt minus cash) divided by trailing-twelve-month EBITDA. Expresses leverage in years — roughly how long it would take to repay net debt out of operating cash earnings.