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Vornado Realty VNO Parking revenues — Revenue

Other product segments

BMS cleaning fees
$39.34M+7.9%
Tenant services
$11.53M+5.5%
Management and leasing fees
$2.72M-10.4%

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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$7.45B+2.7%
Enterprise value$9.74B+11.7%
P/E9.4×+1.1×
P/S4.1×+0.1×

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:RevenueFromContractWithCustomerExcludingAssessedTax.

The source filing: Vornado Realty’s 10-Q, filed May 4, 2026.

Filed
May 4, 2026, 4:24 PM EDT
Fiscal quarter
Q1 FY2026
Calendar quarter
Q1 2026
Accession
0000899689-26-000026
(Amounts in thousands)For the Three Months Ended March 31, 2026 / TotalFor the Three Months Ended March 31, 2026 / New York(1)For the Three Months Ended March 31, 2026 / Other(1)For the Three Months Ended March 31, 2025 / TotalFor the Three Months Ended March 31, 2025 / New York(1)For the Three Months Ended March 31, 2025 / Other(1)
Sales-type lease income2,5302,530
Lease revenues(2)382,487308,05374,434388,950310,68878,262
Tenant services11,5328,4643,06810,9358,1602,775
Parking revenues5,1654,0281,1374,8703,8241,046
Rental revenues399,184320,54578,639404,755322,67282,083
BMS cleaning fees39,34342,069(2,726)36,47638,496(2,020)
Management and leasing fees2,7152,922(207)3,0303,205(175)
Other income17,86311,9505,91317,31810,1737,145

Item 1. Financial Statements of Vornado Realty Trust:

FAQ

What is Vornado Realty's parking revenues — revenue?
Vornado Realty (VNO) reported parking revenues — revenue of $5.17M in Q1 2026.
How has Vornado Realty's parking revenues — revenue changed year-over-year?
Vornado Realty's parking revenues — revenue increased by 6.1% year-over-year, from $4.87M to $5.17M.
What is the long-term trend for Vornado Realty's parking revenues — revenue?
Over 4 years (2021 to 2025), Vornado Realty's parking revenues — revenue has grown at a 11.0% compound annual growth rate (CAGR), from $13.39M to $20.32M.
What does parking revenues — revenue mean?
This metric represents the total gross revenue generated from parking operations within the company's real estate portfolio. It reflects income derived from providing parking facilities to tenants and the general public at owned or managed properties. This revenue stream serves as a supplementary source of income that supports the overall operational performance of the underlying commercial real estate assets.

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