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Vornado Realty VNO Lease revenues — Operating Lease, Lease Income

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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 us-gaap:OperatingLeaseLeaseIncome.

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 lease revenues — operating lease, lease income?
Vornado Realty (VNO) reported lease revenues — operating lease, lease income of $382.49M in Q1 2026.
How has Vornado Realty's lease revenues — operating lease, lease income changed year-over-year?
Vornado Realty's lease revenues — operating lease, lease income decreased by 1.7% year-over-year, from $388.95M to $382.49M.
What is the long-term trend for Vornado Realty's lease revenues — operating lease, lease income?
Over 4 years (2021 to 2025), Vornado Realty's lease revenues — operating lease, lease income has grown at a 2.1% compound annual growth rate (CAGR), from $1.37B to $1.49B.
What does lease revenues — operating lease, lease income mean?
This metric represents the recurring rental income generated from operating leases within the company's real estate portfolio. It reflects the core cash flow stability derived from leasing office and retail space to tenants under standard contractual agreements. Monitoring this figure provides insight into the occupancy health and pricing power of the company's primary property assets.