VORNADO REALTY TRUST — Financial Data
Annual figures from SEC EDGAR XBRL filings (10-K)
These figures are extracted directly from XBRL-tagged financial statements that VORNADO REALTY TRUST filed with the SEC as part of its annual 10-K reports. XBRL (eXtensible Business Reporting Language) is a structured data format the SEC requires for machine-readable financial disclosures. Values shown are as reported — negative figures indicate a loss and are shown in red.
Revenue
Total revenue from all business activities — the top line of the income statement. Represents all money earned before any expenses are deducted.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | $1.81B | Feb 9, 2026 |
| FY2025 | Dec 31, 2024 | $1.79B | Feb 9, 2026 |
| FY2025 | Dec 31, 2023 | $1.81B | Feb 9, 2026 |
| FY2024 | Dec 31, 2022 | $1.80B | Feb 10, 2025 |
| FY2023 | Dec 31, 2021 | $1.59B | Feb 12, 2024 |
| FY2022 | Dec 31, 2020 | $1.53B | Feb 13, 2023 |
| FY2019 | Dec 31, 2019 | $460.97M | Feb 18, 2020 |
| FY2019 | Sep 30, 2019 | $465.96M | Feb 18, 2020 |
| FY2019 | Jun 30, 2019 | $463.10M | Feb 18, 2020 |
| FY2019 | Mar 31, 2019 | $534.67M | Feb 18, 2020 |
Revenue
Revenue recognized from contracts with customers under ASC 606, excluding taxes collected on behalf of government authorities. This is the primary revenue concept for many companies.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2018 | Dec 31, 2018 | $543.42M | Feb 11, 2019 |
| FY2018 | Sep 30, 2018 | $542.05M | Feb 11, 2019 |
| FY2018 | Jun 30, 2018 | $541.82M | Feb 11, 2019 |
| FY2018 | Mar 31, 2018 | $536.44M | Feb 11, 2019 |
| FY2018 | Dec 31, 2017 | $536.23M | Feb 11, 2019 |
| FY2018 | Sep 30, 2017 | $528.76M | Feb 11, 2019 |
| FY2018 | Jun 30, 2017 | $511.09M | Feb 11, 2019 |
| FY2018 | Mar 31, 2017 | $508.06M | Feb 11, 2019 |
| FY2018 | Dec 31, 2016 | $2.00B | Feb 11, 2019 |
Net Income
The bottom-line profit — what remains after all operating expenses, interest, taxes, and other costs are deducted. A negative value means the company reported a net loss for the year.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | $904.96M | Feb 9, 2026 |
| FY2025 | Dec 31, 2024 | $70.39M | Feb 9, 2026 |
| FY2025 | Dec 31, 2023 | $105.49M | Feb 9, 2026 |
| FY2024 | Dec 31, 2022 | ($346.50M) | Feb 10, 2025 |
| FY2023 | Dec 31, 2021 | $176.00M | Feb 12, 2024 |
| FY2022 | Dec 31, 2020 | ($297.01M) | Feb 13, 2023 |
| FY2021 | Dec 31, 2019 | $3.15B | Feb 14, 2022 |
| FY2020 | Dec 31, 2018 | $449.95M | Feb 16, 2021 |
| FY2019 | Dec 31, 2017 | $227.42M | Feb 18, 2020 |
| FY2018 | Dec 31, 2016 | $906.92M | Feb 11, 2019 |
Operating Income
Profit from core business operations before interest expense and income taxes (also known as EBIT). Excludes non-operating items, making it a cleaner measure of operational efficiency than net income.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2018 | Dec 31, 2018 | $582.96M | Feb 11, 2019 |
| FY2018 | Dec 31, 2017 | $608.65M | Feb 11, 2019 |
| FY2018 | Dec 31, 2016 | $579.85M | Feb 11, 2019 |
| FY2017 | Dec 31, 2015 | $619.41M | Feb 12, 2018 |
| FY2016 | Dec 31, 2014 | $689.89M | Feb 13, 2017 |
| FY2015 | Dec 31, 2013 | $674.55M | Feb 16, 2016 |
| FY2014 | Dec 31, 2012 | $727.79M | Feb 17, 2015 |
| FY2013 | Dec 31, 2011 | $812.23M | Feb 24, 2014 |
| FY2012 | Dec 31, 2010 | $759.03M | Feb 26, 2013 |
| FY2011 | Dec 31, 2009 | $781.17M | Feb 27, 2012 |
Operating Cash Flow
Cash generated from core business operations — a more reliable measure of financial health than net income because it strips out non-cash items like depreciation and one-time charges.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | $1.26B | Feb 9, 2026 |
| FY2025 | Dec 31, 2024 | $537.72M | Feb 9, 2026 |
| FY2025 | Dec 31, 2023 | $648.15M | Feb 9, 2026 |
| FY2024 | Dec 31, 2022 | $798.94M | Feb 10, 2025 |
| FY2023 | Dec 31, 2021 | $761.81M | Feb 12, 2024 |
| FY2022 | Dec 31, 2020 | $424.24M | Feb 13, 2023 |
| FY2021 | Dec 31, 2019 | $662.54M | Feb 14, 2022 |
| FY2020 | Dec 31, 2018 | $802.64M | Feb 16, 2021 |
| FY2019 | Dec 31, 2017 | $860.14M | Feb 18, 2020 |
| FY2018 | Dec 31, 2016 | $995.08M | Feb 11, 2019 |
Total Assets
The total value of everything the company owns or controls — cash, investments, receivables, property, equipment, and intangibles. Reported as of fiscal year end.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | $15.52B | Feb 9, 2026 |
| FY2025 | Dec 31, 2024 | $16.00B | Feb 9, 2026 |
| FY2024 | Dec 31, 2023 | $16.19B | Feb 10, 2025 |
| FY2023 | Dec 31, 2022 | $16.49B | Feb 12, 2024 |
| FY2022 | Dec 31, 2021 | $17.27B | Feb 13, 2023 |
| FY2021 | Dec 31, 2020 | $16.22B | Feb 14, 2022 |
| FY2020 | Dec 31, 2019 | $18.29B | Feb 16, 2021 |
| FY2019 | Dec 31, 2018 | $17.18B | Feb 18, 2020 |
| FY2018 | Dec 31, 2017 | $17.40B | Feb 11, 2019 |
| FY2017 | Dec 31, 2016 | $20.81B | Feb 12, 2018 |
Total Liabilities
All financial obligations owed to outside parties — including debt, accounts payable, accrued expenses, and deferred revenue. Subtracting liabilities from total assets gives stockholders' equity.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | $8.72B | Feb 9, 2026 |
| FY2025 | Dec 31, 2024 | $9.83B | Feb 9, 2026 |
| FY2024 | Dec 31, 2023 | $9.84B | Feb 10, 2025 |
| FY2023 | Dec 31, 2022 | $9.98B | Feb 12, 2024 |
| FY2022 | Dec 31, 2021 | $10.06B | Feb 13, 2023 |
| FY2021 | Dec 31, 2020 | $8.67B | Feb 14, 2022 |
| FY2020 | Dec 31, 2019 | $10.09B | Feb 16, 2021 |
| FY2019 | Dec 31, 2018 | $11.29B | Feb 18, 2020 |
| FY2018 | Dec 31, 2017 | $11.41B | Feb 11, 2019 |
| FY2017 | Dec 31, 2016 | $11.92B | Feb 12, 2018 |
Stockholders Equity
The net worth attributable to shareholders: total assets minus total liabilities. Also called book value. Can be negative if liabilities exceed assets, which is common in capital-intensive industries.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | $5.99B | Feb 9, 2026 |
| FY2025 | Dec 31, 2024 | $5.16B | Feb 9, 2026 |
| FY2024 | Dec 31, 2023 | $5.51B | Feb 10, 2025 |
| FY2023 | Dec 31, 2022 | $5.84B | Feb 12, 2024 |
| FY2022 | Dec 31, 2021 | $6.24B | Feb 13, 2023 |
| FY2021 | Dec 31, 2020 | $6.53B | Feb 14, 2022 |
| FY2020 | Dec 31, 2019 | $6.73B | Feb 16, 2021 |
| FY2019 | Dec 31, 2018 | $4.47B | Feb 18, 2020 |
| FY2018 | Dec 31, 2017 | $4.34B | Feb 11, 2019 |
| FY2017 | Dec 31, 2016 | $6.90B | Feb 12, 2018 |
Retained Earnings
Cumulative net income kept by the company rather than distributed as dividends. A growing retained earnings balance indicates consistent profitability; a deficit indicates cumulative losses.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | ($3.49B) | Feb 9, 2026 |
| FY2025 | Dec 31, 2024 | ($4.14B) | Feb 9, 2026 |
| FY2024 | Dec 31, 2023 | ($4.01B) | Feb 10, 2025 |
| FY2023 | Dec 31, 2022 | ($3.89B) | Feb 12, 2024 |
| FY2022 | Dec 31, 2021 | ($3.08B) | Feb 13, 2023 |
| FY2021 | Dec 31, 2020 | ($2.77B) | Feb 14, 2022 |
| FY2020 | Dec 31, 2019 | ($1.95B) | Feb 16, 2021 |
| FY2019 | Dec 31, 2018 | ($4.17B) | Feb 18, 2020 |
| FY2018 | Jan 1, 2018 | $111.23M | Feb 11, 2019 |
| FY2018 | Dec 31, 2017 | ($4.18B) | Feb 11, 2019 |
Cash & Equivalents
Highly liquid assets the company holds — cash on hand, bank balances, and short-term investments with maturities of three months or less. A key indicator of short-term financial health.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | $840.85M | Feb 9, 2026 |
| FY2025 | Dec 31, 2024 | $733.95M | Feb 9, 2026 |
| FY2025 | Dec 31, 2023 | $997.00M | Feb 9, 2026 |
| FY2025 | Dec 31, 2022 | $889.69M | Feb 9, 2026 |
| FY2024 | Dec 31, 2021 | $1.76B | Feb 10, 2025 |
| FY2023 | Dec 31, 2020 | $1.62B | Feb 12, 2024 |
| FY2022 | Dec 31, 2019 | $1.52B | Feb 13, 2023 |
| FY2020 | Dec 31, 2018 | $570.92M | Feb 16, 2021 |
| FY2020 | Dec 31, 2017 | $1.82B | Feb 16, 2021 |
| FY2019 | Dec 31, 2016 | $1.50B | Feb 18, 2020 |
Long-Term Debt
Debt obligations due more than one year from the balance sheet date — bonds, term loans, and notes payable. High long-term debt relative to equity can signal elevated financial leverage.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | $2.26B | Feb 9, 2026 |
| FY2025 | Dec 31, 2024 | $2.57B | Feb 9, 2026 |
| FY2024 | Dec 31, 2023 | $2.56B | Feb 10, 2025 |
| FY2023 | Dec 31, 2022 | $2.56B | Feb 12, 2024 |
| FY2022 | Dec 31, 2021 | $2.56B | Feb 13, 2023 |
| FY2021 | Dec 31, 2020 | $1.82B | Feb 14, 2022 |
| FY2020 | Dec 31, 2019 | $1.77B | Feb 16, 2021 |
| FY2019 | Dec 31, 2018 | $1.67B | Feb 18, 2020 |
| FY2018 | Dec 31, 2017 | $1.59B | Feb 11, 2019 |
| FY2017 | Dec 31, 2016 | $1.33B | Feb 12, 2018 |
EPS (Basic)
Net income divided by the weighted average shares outstanding. Basic EPS does not account for dilutive securities like options or convertible bonds — use diluted EPS for a more conservative view.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | 4 | Feb 9, 2026 |
| FY2025 | Dec 31, 2024 | 0 | Feb 9, 2026 |
| FY2025 | Dec 31, 2023 | 0 | Feb 9, 2026 |
| FY2024 | Dec 31, 2022 | (2) | Feb 10, 2025 |
| FY2023 | Dec 31, 2021 | 0 | Feb 12, 2024 |
| FY2022 | Dec 31, 2020 | (1) | Feb 13, 2023 |
| FY2019 | Dec 31, 2019 | 1 | Feb 18, 2020 |
| FY2019 | Sep 30, 2019 | 1 | Feb 18, 2020 |
| FY2019 | Jun 30, 2019 | 12 | Feb 18, 2020 |
| FY2019 | Mar 31, 2019 | 0 | Feb 18, 2020 |
EPS (Diluted)
Net income divided by the fully diluted share count — including all potential shares from options, warrants, and convertible instruments. The more conservative and widely cited EPS figure.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | 4 | Feb 9, 2026 |
| FY2025 | Dec 31, 2024 | 0 | Feb 9, 2026 |
| FY2025 | Dec 31, 2023 | 0 | Feb 9, 2026 |
| FY2024 | Dec 31, 2022 | (2) | Feb 10, 2025 |
| FY2023 | Dec 31, 2021 | 0 | Feb 12, 2024 |
| FY2022 | Dec 31, 2020 | (1) | Feb 13, 2023 |
| FY2019 | Dec 31, 2019 | 1 | Feb 18, 2020 |
| FY2019 | Sep 30, 2019 | 1 | Feb 18, 2020 |
| FY2019 | Jun 30, 2019 | 12 | Feb 18, 2020 |
| FY2019 | Mar 31, 2019 | 0 | Feb 18, 2020 |
Shares Outstanding
Total common shares issued and held by all shareholders, excluding treasury shares. Combined with market price gives market capitalization.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | 190.67M | Feb 9, 2026 |
| FY2025 | Dec 31, 2024 | 190.85M | Feb 9, 2026 |
| FY2024 | Dec 31, 2023 | 190.39M | Feb 10, 2025 |
| FY2023 | Dec 31, 2022 | 191.87M | Feb 12, 2024 |
| FY2022 | Dec 31, 2021 | 191.72M | Feb 13, 2023 |
| FY2021 | Dec 31, 2020 | 191.35M | Feb 14, 2022 |
| FY2020 | Dec 31, 2019 | 190.99M | Feb 16, 2021 |
| FY2019 | Dec 31, 2018 | 190.54M | Feb 18, 2020 |
| FY2018 | Dec 31, 2017 | 189.98M | Feb 11, 2019 |
| FY2017 | Dec 31, 2016 | 189.10M | Feb 12, 2018 |
Dividends Paid
Cash dividends distributed to common shareholders during the period. Shown as a positive value despite being a cash outflow in the SEC filing.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | $141.28M | Feb 9, 2026 |
| FY2025 | Dec 31, 2024 | $141.10M | Feb 9, 2026 |
| FY2025 | Dec 31, 2023 | $129.07M | Feb 9, 2026 |
| FY2024 | Dec 31, 2022 | $406.56M | Feb 10, 2025 |
| FY2023 | Dec 31, 2021 | $406.11M | Feb 12, 2024 |
| FY2022 | Dec 31, 2020 | $827.32M | Feb 13, 2023 |
| FY2021 | Dec 31, 2019 | $503.79M | Feb 14, 2022 |
| FY2020 | Dec 31, 2018 | $479.35M | Feb 16, 2021 |
| FY2019 | Dec 31, 2017 | $496.49M | Feb 18, 2020 |
| FY2018 | Dec 31, 2016 | $475.96M | Feb 11, 2019 |