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-0.3%-0.2pp
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-22.2%-4.6pp
SEG
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-101.5%-16.6pp
ALX
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9.7%-8.3pp
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American Assets TrustAAT
4.5%-11.8pp

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%
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 trailing twelve months.

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 net margin?
Vornado Realty (VNO) reported net margin of 44% in Q1 2026.
How has Vornado Realty's net margin changed year-over-year?
Vornado Realty's net margin increased by 379.6% year-over-year, from 9.2% to 44%.
What is the long-term trend for Vornado Realty's net margin?
Over 4 years (2020 to 2025), Vornado Realty's net margin has grown at a 26.6% compound annual growth rate (CAGR), from -19.4% to 50%.
What does net margin mean?
Net income as a percentage of revenue (trailing twelve months). The bottom-line profitability measure after all costs, interest, and taxes.

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