Skip to content

Vornado Realty VNO Construction in progress

Construction in progress at other companies

Equity Residential logo
Equity ResidentialEQR
$85.97M-40.6%
Mid-America Apartment Communities logo
Mid-America Apartment CommunitiesMAA
$369.88M-23.8%

Other financials

Income statement

See full
Revenue$459.1M-0.5%
Net income-$7.3M-107%
EPS (diluted)-$0.12-128%

Balance sheet

See full
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

See full
Operating cash flow$47.7M-8.2%
CapEx$171.8M
Free cash flow-$124.1M-338%

Valuation

See full
Market cap$7.11B-29.8%
Enterprise value$9.4B+3.6%
P/E8.9×-52.0×
P/S3.9×-1.7×

Profitability

See full
Operating margin26.9%
Net margin44%+34.8pp
FCF margin75.8%+47.7pp

Returns & leverage

See full
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:DevelopmentInProcess.

The official record: Vornado Realty’s 10-Q, filed May 4, 2026, on SEC EDGAR. View the filing →

Ask your AI about Vornado Realty's construction in progress.

Connect your AI assistant and compare it to peers, right in your chat.

Connect your AI
Harbor at dusk
Claude

Questions, answered.

What is Vornado Realty's construction in progress?
Vornado Realty (VNO) reported construction in progress of $946.8M in Q1 2026.
How has Vornado Realty's construction in progress changed year-over-year?
Vornado Realty's construction in progress increased by 7.6% year-over-year, from $879.6M to $946.8M.
What is the long-term trend for Vornado Realty's construction in progress?
Over 5 years (2020 to 2025), Vornado Realty's construction in progress has grown at a -11.1% compound annual growth rate (CAGR), from $1.6B to $890.14M.
What does construction in progress mean?
Costs accumulated for facilities, equipment, or infrastructure projects under construction — not yet placed in service or generating revenue.