What is Vornado Realty's land?

Vornado Realty (VNO) reported land of $2.43B in Q1 2026.

How has Vornado Realty's land changed year-over-year?

Vornado Realty's land decreased by 0.4% year-over-year, from $2.43B to $2.43B.

What is the long-term trend for Vornado Realty's land?

Over 5 years (2020 to 2025), Vornado Realty's land has grown at a -0.1% compound annual growth rate (CAGR), from $2.42B to $2.41B.

Cost of owned land, which is not depreciated since land has an indefinite useful life.

Vornado Realty VNO Land

Land at other companies

Equity ResidentialEQR

$5.57B0.0%

Mid-America Apartment CommunitiesMAA

$2.16B+2.9%

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 us-gaap:Land.

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 land?: Vornado Realty (VNO) reported land of $2.43B in Q1 2026.
How has Vornado Realty's land changed year-over-year?: Vornado Realty's land decreased by 0.4% year-over-year, from $2.43B to $2.43B.
What is the long-term trend for Vornado Realty's land?: Over 5 years (2020 to 2025), Vornado Realty's land has grown at a -0.1% compound annual growth rate (CAGR), from $2.42B to $2.41B.
What does land mean?: Cost of owned land, which is not depreciated since land has an indefinite useful life.