Vornado Realty VNO Ratios & Valuation
| Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | ||
|---|---|---|---|---|---|---|
| Profitability | ||||||
| Net margin | 44%-6.0pp | 50%+0.1pp | 49.9%+1.4pp | 48.5%+39.3pp | 9.2%+5.2pp | |
| Returns | ||||||
| Return on equity | 14%-2.2pp | 16.2%+0.3pp | 16%+1.0pp | 14.9%+11.9pp | 3.1%+1.7pp | |
| Return on invested capital | 17%+0.4pp | 16.6%-3.9pp | 20.5%0.0pp | 20.5%+11.2pp | 9.3%+6.1pp | |
| Efficiency | ||||||
| Asset turnover | 0.1×0.0× | 0.1×0.0× | 0.1×0.0× | 0.1×0.0× | 0.1×0.0× | |
| Leverage | ||||||
| Debt-to-equity | 0.6×+0.1× | 0.5×0.0× | 0.5×0.0× | 0.5×+0.3× | 0.1×-0.5× | |
| Net debt / EBITDA | 1.4×+0.3× | 1.1×+0.1× | 1×+0.2× | 0.8×+0.9× | -0.1×-2.5× | |
| Per Share | ||||||
| Book value per share | $31.73+6.5% | $29.78-1.8% | $30.310.0% | $30.30+14.5% | $26.47+0.9% | |
| Valuation | ||||||
| Market capitalization | $4.96B-22.5% | $6.39B-17.9% | $7.78B+5.4% | $7.38B+4.6% | $7.06B-11.9% | |
| Price / earnings | 6.2×-0.8× | 7.1×-1.5× | 8.6×+0.2× | 8.4×-34.0× | 42.5×-71.4× | |
| Price / sales | 2.7×-0.8× | 3.5×-0.8× | 4.3×+0.2× | 4.1×+0.2× | 3.9×-0.6× | |
| Price / book | 0.8×-0.2× | 1.1×-0.2× | 1.3×+0.1× | 1.2×-0.1× | 1.3×-0.2× | |
| EV / EBITDA | 4.4×-0.3× | 4.7×-0.6× | 5.3×+0.4× | 4.9×-1.7× | 6.6×-4.3× |
Chart any of these lines over time, or line them up against competitors.
Compare these in charts →Questions, answered.
- Where do Vornado Realty's ratios come from?
- Every ratio is computed from Vornado Realty's SEC filings — trailing-twelve-month flows over period-end balances. Valuation multiples combine those fundamentals with market data, recomputed each period. Switch between quarterly, annual, and TTM, or open any ratio for its full history and peer comparisons.
