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Vornado Realty VNO Write Off Of Fully Amortized And Depreciated Assets

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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$7.11B-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

Reported directly by Vornado Realty in its filing.

Tagged under the XBRL concept vno:WriteOffOfFullyAmortizedAndDepreciatedAssets.

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 write off of fully amortized and depreciated assets?
Vornado Realty (VNO) reported write off of fully amortized and depreciated assets of $22.85M in Q1 2026.
How has Vornado Realty's write off of fully amortized and depreciated assets changed year-over-year?
Vornado Realty's write off of fully amortized and depreciated assets decreased by 1.8% year-over-year, from $23.28M to $22.85M.
What is the long-term trend for Vornado Realty's write off of fully amortized and depreciated assets?
Over 4 years (2021 to 2025), Vornado Realty's write off of fully amortized and depreciated assets has grown at a -1.6% compound annual growth rate (CAGR), from $123.54M to $115.94M.
What does write off of fully amortized and depreciated assets mean?
The removal of the gross cost and accumulated depreciation of assets that have reached the end of their useful life. This is a non-cash accounting entry that cleanses the balance sheet of obsolete or fully depreciated property and equipment. It does not impact current earnings but reflects the aging of the asset base.