Highlights
- Market Cap
- $4.98B
- Enterprise Value
- $13.99B
- EPS (TTM)
- $4.32
- PE Ratio
- 6.01
- PEG Ratio
- 0.00
- Total Revenue (TTM)
- $1.81B
- Gross Profit (TTM)
- $890.47M
- EBITDA (TTM)
- $1.74B
- Year Range
- $24.57 - $43.37
- Target Price
- $39.00
- ROA (TTM)
- 5.43%
- ROE (TTM)
- 14.08%
Share Price Chart
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Performance
Performance Chart
The chart shows the growth of an initial investment of $10,000 in Vornado Realty Trust, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.
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Returns By Period
Vornado Realty Trust (VNO) has returned -21.91% so far this year and -28.18% over the past 12 months. Over the last ten years, VNO has returned -6.58% per year, falling short of the S&P 500 Index benchmark, which averaged 12.16% annually.
Vornado Realty Trust
- 1D
- 3.22%
- 1M
- -5.77%
- YTD
- -21.91%
- 6M
- -34.46%
- 1Y
- -28.18%
- 3Y*
- 21.09%
- 5Y*
- -7.82%
- 10Y*
- -6.58%
Benchmark (S&P 500 Index)
- 1D
- 2.91%
- 1M
- -5.09%
- YTD
- -4.63%
- 6M
- -2.39%
- 1Y
- 16.33%
- 3Y*
- 16.69%
- 5Y*
- 10.18%
- 10Y*
- 12.16%
Monthly Returns
Based on dividend-adjusted daily data since Jan 5, 1988, VNO's average daily return is +0.05%, while the average monthly return is +1.01%. At this rate, your investment would double in approximately 5.7 years.
Historically, 59% of months were positive and 41% were negative. The best month was Apr 2009 with a return of +47.1%, while the worst month was Feb 2009 at -34.4%. The longest winning streak lasted 14 consecutive months, and the longest losing streak was 6 months.
On a daily basis, VNO closed higher 47% of trading days. The best single day was Nov 9, 2020 with a return of +27.4%, while the worst single day was Mar 16, 2020 at -24.3%.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | -4.21% | -13.49% | -5.77% | -21.91% | |||||||||
| 2025 | 2.90% | -2.82% | -12.01% | -4.62% | 6.77% | 1.51% | 0.47% | -1.02% | 6.57% | -6.39% | -2.95% | -7.62% | -19.09% |
| 2024 | -3.75% | -3.27% | 9.39% | -9.52% | -5.80% | 7.22% | 14.07% | 14.60% | 14.63% | 5.10% | 3.96% | -0.70% | 51.32% |
| 2023 | 19.21% | -18.90% | -22.30% | -2.34% | -9.66% | 33.78% | 23.93% | 6.85% | -5.58% | -15.34% | 22.60% | 21.25% | 39.50% |
| 2022 | -0.70% | 5.54% | 4.71% | -14.59% | -8.38% | -18.22% | 6.30% | -12.08% | -11.67% | 1.86% | 9.78% | -17.71% | -46.66% |
| 2021 | 7.90% | 8.00% | 5.71% | 0.79% | 4.53% | -1.29% | -6.79% | -2.51% | 0.31% | 1.48% | -4.68% | 4.29% | 17.78% |
Benchmark Metrics
Vornado Realty Trust has an annualized alpha of 4.16%, beta of 0.94, and R² of 0.27 versus S&P 500 Index. Calculated based on daily prices since January 06, 1988.
- This stock participated in 91.79% of S&P 500 Index downside but only 91.39% of its upside — more exposed to losses than it benefited from rallies.
- R² of 0.27 means this stock moves largely independently of S&P 500 Index — capture ratios reflect limited market correlation rather than active downside protection. Consider using a more representative benchmark.
- Alpha
- 4.16%
- Beta
- 0.94
- R²
- 0.27
- Upside Capture
- 91.39%
- Downside Capture
- 91.79%
Return for Risk
Risk / Return Rank
VNO ranks 11 for risk / return — in the bottom 11% of stocks on our site. This means you're taking on significantly more risk than the returns justify. Consider whether the potential upside is worth the volatility, or explore alternatives with better risk / return profiles.
Return / Risk — by metrics
The table below present risk-adjusted performance metrics for Vornado Realty Trust (VNO) and compare them to a chosen benchmark (S&P 500 Index).
| VNO | Benchmark | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | -0.78 | 0.90 | -1.68 |
Sortino ratioReturn per unit of downside risk | -0.99 | 1.39 | -2.37 |
Omega ratioGain probability vs. loss probability | 0.88 | 1.21 | -0.33 |
Calmar ratioReturn relative to maximum drawdown | -0.67 | 1.40 | -2.07 |
Martin ratioReturn relative to average drawdown | -1.57 | 6.61 | -8.18 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Explore VNO risk-adjusted metrics in detail
Dive deeper into individual metrics with historical trends, benchmark comparisons, and performance across different time periods.
Dividends
Dividend History
Vornado Realty Trust provided a 2.85% dividend yield over the last twelve months, with an annual payout of $0.74 per share. The company has been increasing its dividends for 2 consecutive years.
| Period | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend | $0.74 | $0.74 | $0.74 | $0.68 | $2.12 | $2.12 | $2.38 | $4.59 | $2.52 | $2.35 | $2.04 | $11.64 |
Dividend yield | 2.85% | 2.22% | 1.76% | 2.39% | 10.19% | 5.06% | 6.37% | 6.90% | 4.06% | 3.00% | 2.41% | 14.41% |
Monthly Dividends
The table displays the monthly dividend distributions for Vornado Realty Trust. The dividends shown in the table have been adjusted to account for any splits that may have occurred.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | $0.00 | $0.00 | $0.00 | $0.00 | |||||||||
| 2025 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.74 | $0.74 |
| 2024 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.74 | $0.74 |
| 2023 | $0.38 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.30 | $0.68 |
| 2022 | $0.53 | $0.00 | $0.00 | $0.00 | $0.53 | $0.00 | $0.00 | $0.53 | $0.00 | $0.00 | $0.53 | $0.00 | $2.12 |
| 2021 | $0.53 | $0.00 | $0.00 | $0.00 | $0.53 | $0.00 | $0.00 | $0.53 | $0.00 | $0.00 | $0.53 | $0.00 | $2.12 |
Dividend Yield & Payout
Dividend Yield
Vornado Realty Trust has a dividend yield of 2.85%, which is quite average when compared to the overall market.
Payout Ratio
Vornado Realty Trust has a payout ratio of 11.05%, which is below the market average. This means Vornado Realty Trust returns a smaller proportion of its earnings to shareholders as dividends, suggesting it retains a higher portion for reinvestment, growth, or debt payment.
Drawdowns
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.
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Worst Drawdowns
The table below displays the maximum drawdowns of the Vornado Realty Trust. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.
The maximum drawdown for the Vornado Realty Trust was 80.89%, occurring on May 16, 2023. The portfolio has not yet recovered.
The current Vornado Realty Trust drawdown is 57.87%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -80.89% | Feb 22, 2017 | 1569 | May 16, 2023 | — | — | — |
| -76.78% | Feb 8, 2007 | 522 | Mar 5, 2009 | 1299 | May 2, 2014 | 1821 |
| -44.01% | Jan 21, 1998 | 182 | Oct 8, 1998 | 809 | Dec 28, 2001 | 991 |
| -27.9% | Jan 27, 2015 | 264 | Feb 11, 2016 | 254 | Feb 14, 2017 | 518 |
| -24.71% | Jun 5, 1989 | 318 | Sep 5, 1990 | 156 | Apr 18, 1991 | 474 |
Volatility
Volatility Chart
The chart below shows the rolling one-month volatility.
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Financials
Financial Performance
The chart below illustrates the trends in the financial health of Vornado Realty Trust over time, highlighting three key metrics: Total Revenue, Earnings Before Interest and Taxes (EBIT), and Net Income.
Valuation
The Valuation section provides an overview of how Vornado Realty Trust is priced in the market compared to other companies in the REIT - Office industry. It includes key financial ratios that help investors assess whether the stock is undervalued or overvalued.
PE Ratio
The chart displays the Price-to-Earnings (P/E) ratio for VNO, comparing it with other companies in the REIT - Office industry. Currently, VNO has a P/E ratio of 6.0. This P/E ratio is considered low compared to industry peers, which may suggest that the stock is undervalued or that the company has weaker growth prospects.
PEG Ratio
The chart shows the Price/Earnings to Growth (PEG) ratio for VNO compared to other companies in the REIT - Office industry. VNO currently has a PEG ratio of 0.0. This PEG ratio is low compared to industry peers, which could indicate the stock is undervalued relative to its expected growth.
PS Ratio
This chart shows the Price-to-Sales (P/S) ratio for VNO relative to other companies in the REIT - Office industry. Currently, VNO has a P/S ratio of 2.8. This P/S ratio falls within the average range for the industry, suggesting the stock is fairly valued based on its revenue.
PB Ratio
The chart illustrates the Price-to-Book (P/B) ratio for VNO in comparison with other companies in the REIT - Office industry. Currently, VNO has a P/B value of 1.0. This P/B ratio is higher than most companies in the industry. It may suggest the stock is overvalued or that investors expect the company to generate high returns on its assets.
Income Statement
| TTM | |
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Total Revenue | — |
Cost Of Revenue | — |
Gross Profit | — |
Operating Expenses | — |
Selling, General & Admin Expenses | — |
R&D Expenses | — |
Depreciation And Amortization | — |
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Income | — |
Income Before Tax | — |
Operating Income | — |
EBITDA | — |
EBIT | — |
Earnings From Continuing Operations | — |
Net Income | — |
Income Tax Expense | — |
Other Non-Operating Income (Expenses) | — |
Extraordinary Items | — |
Discontinued Operations | — |
Effect Of Accounting Charges | — |
Non Recurring | — |
Minority Interest | — |
Other Items | — |
Interest Income | — |
Interest Expense | — |
Net Interest Income | — |