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Vornado Realty Trust
NYSE:VNO

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Vornado Realty Trust
NYSE:VNO
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Price: 29.28 USD 3.13% Market Closed
Market Cap: $5.5B

Income Statement

Earnings Waterfall
Vornado Realty Trust

Income Statement
Vornado Realty Trust

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Income Statement
Currency: USD
Mar-2002 Jun-2002 Sep-2002 Dec-2002 Mar-2003 Jun-2003 Sep-2003 Dec-2003 Mar-2004 Jun-2004 Sep-2004 Dec-2004 Mar-2005 Jun-2005 Sep-2005 Dec-2005 Mar-2006 Jun-2006 Sep-2006 Dec-2006 Mar-2007 Jun-2007 Sep-2007 Dec-2007 Mar-2008 Jun-2008 Sep-2008 Dec-2008 Mar-2009 Jun-2009 Sep-2009 Dec-2009 Mar-2010 Jun-2010 Sep-2010 Dec-2010 Mar-2011 Jun-2011 Sep-2011 Dec-2011 Mar-2012 Jun-2012 Sep-2012 Dec-2012 Mar-2013 Jun-2013 Sep-2013 Dec-2013 Mar-2014 Jun-2014 Sep-2014 Dec-2014 Mar-2015 Jun-2015 Sep-2015 Dec-2015 Mar-2016 Jun-2016 Sep-2016 Dec-2016 Mar-2017 Jun-2017 Sep-2017 Dec-2017 Mar-2018 Jun-2018 Sep-2018 Dec-2018 Mar-2019 Jun-2019 Sep-2019 Dec-2019 Mar-2020 Jun-2020 Sep-2020 Dec-2020 Mar-2021 Jun-2021 Sep-2021 Dec-2021 Mar-2022 Jun-2022 Sep-2022 Dec-2022 Mar-2023 Jun-2023 Sep-2023 Dec-2023 Mar-2024 Jun-2024 Sep-2024 Dec-2024 Mar-2025 Jun-2025 Sep-2025 Dec-2025
Revenue
Interest Expense
181
196
214
233
234
232
228
227
232
231
236
234
262
288
315
285
366
403
430
400
503
524
558
583
596
616
624
619
636
635
636
596
596
579
566
536
537
525
511
519
523
518
505
485
484
481
481
426
457
441
422
413
408
396
391
309
303
281
265
330
312
327
333
346
351
354
358
348
362
338
310
287
243
238
234
229
220
214
208
231
233
244
270
280
226
250
262
349
353
365
377
390
428
418
401
354
Revenue
1 082
N/A
1 182
+9%
1 286
+9%
1 387
+8%
1 418
+2%
1 444
+2%
1 470
+2%
1 473
+0%
1 530
+4%
1 558
+2%
1 593
+2%
1 583
-1%
1 916
+21%
2 108
+10%
2 346
+11%
1 658
-29%
2 587
+56%
2 651
+2%
2 673
+1%
1 904
-29%
2 587
+36%
2 515
-3%
2 476
-2%
2 308
-7%
2 527
+9%
2 616
+4%
2 655
+1%
2 595
-2%
2 722
+5%
2 724
+0%
2 719
0%
2 462
-9%
2 703
+10%
2 695
0%
2 711
+1%
2 540
-6%
2 574
+1%
2 571
0%
2 571
+0%
2 703
+5%
2 700
0%
2 714
+1%
2 729
+1%
2 649
-3%
2 787
+5%
2 782
0%
2 748
-1%
2 299
-16%
2 513
+9%
2 417
-4%
2 326
-4%
2 313
-1%
2 357
+2%
2 399
+2%
2 448
+2%
1 986
-19%
1 992
+0%
1 749
-12%
1 625
-7%
2 004
+23%
1 899
-5%
2 036
+7%
2 062
+1%
2 084
+1%
2 113
+1%
2 143
+1%
2 156
+1%
2 164
+0%
2 162
0%
2 083
-4%
2 007
-4%
1 925
-4%
1 835
-5%
1 715
-7%
1 613
-6%
1 528
-5%
1 463
-4%
1 499
+2%
1 545
+3%
1 589
+3%
1 651
+4%
2 168
+31%
2 216
+2%
1 800
-19%
3 599
+100%
3 176
-12%
3 169
0%
1 811
-43%
1 802
-1%
1 780
-1%
1 772
0%
1 788
+1%
1 813
+1%
1 804
0%
1 815
+1%
1 810
0%
Gross Profit
Cost of Revenue
(422)
(447)
(486)
(518)
(543)
(561)
(568)
(573)
(590)
(594)
(606)
(599)
(824)
(963)
(1 154)
(628)
(1 335)
(1 371)
(1 365)
(736)
(1 243)
(1 152)
(1 064)
(916)
(1 001)
(1 030)
(1 047)
(1 032)
(1 087)
(1 101)
(1 091)
(955)
(1 063)
(1 047)
(1 056)
(981)
(1 019)
(1 034)
(1 056)
(1 131)
(1 130)
(1 157)
(1 193)
(1 216)
(1 222)
(1 200)
(1 133)
(961)
(1 023)
(979)
(955)
(954)
(972)
(984)
(1 000)
(825)
(826)
(740)
(697)
(845)
(809)
(868)
(880)
(887)
(904)
(924)
(934)
(964)
(973)
(958)
(948)
(918)
(901)
(855)
(824)
(789)
(750)
(767)
(784)
(797)
(823)
(1 071)
(1 080)
(874)
(1 763)
(1 547)
(1 559)
(905)
(903)
(909)
(912)
(928)
(926)
(916)
(922)
(920)
Gross Profit
660
N/A
735
+11%
800
+9%
869
+9%
876
+1%
883
+1%
901
+2%
900
0%
940
+4%
964
+3%
988
+2%
984
0%
1 092
+11%
1 145
+5%
1 192
+4%
1 030
-14%
1 252
+22%
1 280
+2%
1 308
+2%
1 168
-11%
1 344
+15%
1 363
+1%
1 412
+4%
1 392
-1%
1 526
+10%
1 586
+4%
1 608
+1%
1 563
-3%
1 635
+5%
1 623
-1%
1 628
+0%
1 507
-7%
1 640
+9%
1 649
+0%
1 655
+0%
1 559
-6%
1 556
0%
1 536
-1%
1 516
-1%
1 572
+4%
1 569
0%
1 557
-1%
1 536
-1%
1 434
-7%
1 564
+9%
1 582
+1%
1 615
+2%
1 338
-17%
1 490
+11%
1 437
-4%
1 372
-5%
1 359
-1%
1 385
+2%
1 415
+2%
1 447
+2%
1 161
-20%
1 165
+0%
1 009
-13%
927
-8%
1 159
+25%
1 090
-6%
1 168
+7%
1 182
+1%
1 198
+1%
1 209
+1%
1 219
+1%
1 222
+0%
1 200
-2%
1 189
-1%
1 126
-5%
1 059
-6%
1 007
-5%
934
-7%
860
-8%
788
-8%
739
-6%
713
-3%
733
+3%
761
+4%
792
+4%
828
+5%
1 097
+32%
1 137
+4%
926
-19%
1 836
+98%
1 629
-11%
1 610
-1%
906
-44%
899
-1%
870
-3%
860
-1%
860
0%
887
+3%
888
+0%
893
+1%
890
0%
Operating Income
Operating Expenses
(228)
(255)
(296)
(325)
(333)
(334)
(326)
(332)
(345)
(353)
(358)
(369)
(422)
(464)
(503)
(391)
(532)
(553)
(576)
(498)
(608)
(619)
(632)
(613)
(686)
(707)
(724)
(714)
(762)
(767)
(763)
(718)
(734)
(726)
(730)
(703)
(708)
(700)
(576)
(725)
(624)
(628)
(737)
(680)
(717)
(726)
(722)
(639)
(701)
(671)
(660)
(651)
(654)
(676)
(699)
(529)
(538)
(460)
(421)
(570)
(533)
(576)
(578)
(587)
(584)
(590)
(596)
(586)
(614)
(620)
(604)
(601)
(555)
(536)
(549)
(588)
(596)
(586)
(569)
(557)
(571)
(747)
(782)
(629)
(1 243)
(1 092)
(1 077)
(609)
(609)
(609)
(618)
(609)
(611)
(620)
(625)
(629)
Selling, General & Administrative
(88)
(96)
(115)
(128)
(125)
(122)
(120)
(122)
(125)
(128)
(125)
(140)
(155)
(171)
(190)
(139)
(187)
(193)
(197)
(180)
(215)
(213)
(209)
(189)
(198)
(199)
(200)
(194)
(224)
(223)
(225)
(229)
(201)
(200)
(204)
(212)
(221)
(222)
(213)
(209)
(205)
(202)
(204)
(190)
(199)
(202)
(198)
(177)
(192)
(183)
(179)
(169)
(180)
(179)
(175)
(149)
(140)
(131)
(128)
(144)
(142)
(147)
(150)
(151)
(144)
(142)
(138)
(142)
(156)
(162)
(163)
(170)
(165)
(161)
(160)
(182)
(173)
(169)
(162)
(135)
(132)
(174)
(178)
(134)
(278)
(244)
(251)
(163)
(159)
(158)
(158)
(149)
(149)
(151)
(153)
(156)
Depreciation & Amortization
(139)
(159)
(181)
(198)
(202)
(206)
(206)
(211)
(220)
(225)
(232)
(229)
(265)
(291)
(313)
(252)
(345)
(360)
(379)
(318)
(393)
(406)
(424)
(424)
(484)
(504)
(521)
(520)
(538)
(544)
(538)
(489)
(534)
(526)
(526)
(491)
(487)
(479)
(363)
(516)
(419)
(426)
(532)
(490)
(518)
(524)
(524)
(462)
(508)
(488)
(481)
(481)
(474)
(497)
(525)
(380)
(422)
(352)
(316)
(421)
(383)
(421)
(420)
(429)
(433)
(440)
(448)
(447)
(455)
(456)
(439)
(419)
(395)
(375)
(386)
(400)
(402)
(399)
(393)
(412)
(434)
(581)
(614)
(505)
(982)
(853)
(829)
(434)
(436)
(439)
(445)
(448)
(455)
(461)
(462)
(462)
Other Operating Expenses
0
0
0
0
(7)
(7)
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
(2)
(5)
(3)
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
23
23
23
(5)
(8)
(9)
(8)
(7)
(7)
(9)
(11)
3
(3)
(3)
(2)
(12)
5
(0)
(3)
(6)
(21)
(18)
(14)
(10)
(5)
8
10
10
16
4
2
(12)
(13)
(12)
(16)
(13)
(7)
(9)
(10)
(11)
Operating Income
433
N/A
480
+11%
505
+5%
544
+8%
542
0%
549
+1%
575
+5%
568
-1%
595
+5%
612
+3%
630
+3%
615
-2%
670
+9%
682
+2%
689
+1%
639
-7%
720
+13%
728
+1%
732
+1%
671
-8%
736
+10%
744
+1%
779
+5%
780
+0%
840
+8%
879
+5%
884
+0%
850
-4%
873
+3%
856
-2%
865
+1%
790
-9%
906
+15%
922
+2%
926
+0%
856
-7%
848
-1%
836
-1%
940
+12%
848
-10%
946
+12%
929
-2%
799
-14%
754
-6%
847
+12%
856
+1%
893
+4%
700
-22%
790
+13%
766
-3%
712
-7%
708
-1%
732
+3%
739
+1%
748
+1%
632
-16%
627
-1%
550
-12%
506
-8%
589
+16%
557
-5%
591
+6%
604
+2%
611
+1%
625
+2%
629
+1%
627
0%
614
-2%
575
-6%
506
-12%
455
-10%
406
-11%
379
-7%
324
-14%
240
-26%
151
-37%
117
-22%
147
+25%
192
+30%
235
+23%
258
+10%
351
+36%
354
+1%
297
-16%
593
+99%
536
-9%
533
-1%
297
-44%
291
-2%
261
-10%
242
-7%
251
+4%
275
+10%
268
-3%
268
+0%
261
-2%
Pre-Tax Income
Interest Income Expense
(176)
(216)
(263)
(294)
(290)
(284)
(279)
(133)
(249)
(257)
(212)
8
17
89
3
(85)
(233)
(322)
(238)
(84)
(187)
(123)
(188)
(274)
(409)
(539)
(598)
(781)
(793)
(911)
(886)
(641)
(592)
(466)
(435)
(209)
(116)
(81)
(138)
(261)
(336)
(401)
(341)
(337)
(253)
(247)
(312)
(808)
(842)
(819)
(777)
(454)
(455)
(393)
(362)
(300)
(312)
(280)
(260)
(141)
(121)
(93)
(144)
(305)
(363)
(375)
(332)
(282)
(246)
(234)
(187)
(190)
(138)
(453)
(557)
(554)
(535)
(207)
(94)
(98)
(95)
(128)
(153)
(729)
(894)
(878)
(886)
(264)
(263)
(266)
(280)
(232)
(160)
(180)
(156)
(163)
Non-Reccuring Items
0
0
0
(7)
0
0
(7)
0
0
0
(2)
(2)
0
0
0
0
0
0
0
0
(9)
(9)
(9)
(10)
0
0
(7)
(72)
(63)
(45)
(37)
(98)
(108)
(129)
(134)
(7)
(33)
(32)
(33)
(35)
(18)
(18)
(17)
(26)
(379)
(335)
(337)
(25)
0
(42)
(41)
(18)
(19)
(22)
(22)
(13)
(176)
(12)
(12)
(10)
155
(5)
(4)
(2)
(14)
(15)
(17)
(31)
(18)
2 452
2 453
2 465
2 465
64
65
(174)
(175)
(244)
(253)
(14)
(14)
(18)
(9)
(32)
(37)
(33)
(33)
(51)
(51)
(54)
(53)
(5)
(5)
(2)
(6)
(3)
Gain/Loss on Disposition of Assets
14
(4)
(6)
(18)
(19)
(15)
(19)
2
3
4
4
20
23
23
36
39
36
93
88
76
76
35
28
40
39
26
30
8
8
4
4
6
9
13
13
81
85
99
102
15
19
25
24
77
19
29
62
105
154
220
209
177
175
100
178
224
210
359
256
137
126
(46)
(53)
4
(6)
(16)
132
157
386
487
658
741
406
338
227
155
270
273
82
62
74
84
74
104
152
112
170
73
65
80
22
16
32
827
833
845
Total Other Income
15
25
33
26
28
29
17
15
(66)
(65)
(64)
9
(32)
(24)
(22)
19
25
29
25
(62)
23
16
29
(14)
48
53
34
2
47
38
66
0
(18)
(25)
(46)
(0)
1
4
5
32
9
12
14
14
44
43
42
16
16
19
20
20
20
15
10
8
1
6
10
9
18
16
19
12
19
15
12
2
4
7
6
15
(9)
(10)
(6)
(3)
18
21
17
12
6
(6)
(6)
(2)
(2)
8
9
8
5
4
7
13
7
9
10
11
Pre-Tax Income
285
N/A
285
+0%
269
-5%
251
-7%
261
+4%
278
+6%
287
+3%
451
+57%
282
-37%
294
+4%
356
+21%
650
+83%
678
+4%
770
+14%
706
-8%
611
-13%
549
-10%
528
-4%
607
+15%
601
-1%
640
+7%
663
+4%
640
-4%
520
-19%
518
0%
419
-19%
343
-18%
7
-98%
72
+897%
(57)
N/A
13
N/A
56
+344%
197
+253%
316
+60%
324
+2%
722
+123%
785
+9%
826
+5%
877
+6%
599
-32%
620
+4%
547
-12%
480
-12%
482
+1%
278
-42%
346
+24%
347
+0%
(12)
N/A
119
N/A
144
+21%
123
-14%
433
+251%
452
+5%
439
-3%
553
+26%
551
0%
351
-36%
623
+78%
499
-20%
585
+17%
735
+26%
464
-37%
422
-9%
320
-24%
262
-18%
239
-9%
422
+76%
460
+9%
700
+52%
3 218
+359%
3 384
+5%
3 438
+2%
3 103
-10%
264
-91%
(31)
N/A
(425)
-1 263%
(305)
+28%
(9)
+97%
(55)
-494%
197
N/A
229
+16%
282
+23%
260
-8%
(361)
N/A
(188)
+48%
(254)
-35%
(207)
+19%
62
N/A
47
-25%
25
-47%
(61)
N/A
43
N/A
149
+249%
921
+517%
950
+3%
951
+0%
Net Income
Tax Provision
0
0
0
0
0
0
0
0
0
0
0
(1)
0
0
0
(2)
(1)
(2)
(2)
(1)
(1)
(3)
(5)
(9)
208
206
203
205
(18)
(18)
(18)
(20)
(21)
(21)
(21)
(22)
(22)
(23)
(25)
(24)
(25)
(27)
(23)
(8)
(2)
2
3
9
7
6
6
(9)
(10)
82
82
85
83
(6)
(8)
(8)
(7)
(5)
(2)
(8)
(7)
(9)
(10)
(38)
(66)
(91)
(113)
(103)
(87)
(61)
(61)
(37)
(26)
(27)
22
10
5
(3)
(32)
(22)
(41)
(35)
(43)
(29)
(31)
(32)
(25)
(23)
(23)
(22)
(12)
(14)
Income from Continuing Operations
285
285
269
251
261
278
287
451
282
294
356
649
678
770
706
609
547
525
605
600
639
660
635
511
726
625
546
212
54
(76)
(6)
36
176
296
303
700
763
802
852
575
595
521
457
474
275
348
350
(3)
126
150
129
423
443
521
635
636
434
617
491
577
728
459
421
312
254
230
412
422
635
3 127
3 271
3 334
3 017
203
(93)
(462)
(330)
(36)
(33)
208
234
279
228
(383)
(229)
(289)
(249)
33
15
(7)
(86)
20
126
899
938
937
Income to Minority Interest
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
(133)
0
0
0
(79)
0
0
0
(66)
(46)
(61)
(67)
(52)
(23)
(5)
(14)
(22)
(24)
(32)
(29)
(60)
(67)
(93)
(93)
(67)
(82)
(67)
(68)
(77)
(59)
(67)
(82)
(89)
(78)
(123)
(112)
(144)
(150)
(111)
(109)
(99)
(80)
(78)
(70)
(75)
(83)
(71)
(65)
(37)
(17)
17
3
27
(1)
(204)
(216)
(186)
(45)
171
196
165
36
(8)
(13)
(32)
(36)
(38)
(27)
36
34
48
54
73
76
87
94
50
40
(25)
(32)
(32)
Net Income (Common)
226
N/A
234
+3%
225
-4%
210
-7%
251
+20%
268
+7%
280
+4%
440
+57%
428
-3%
504
+18%
538
+7%
571
+6%
684
+20%
698
+2%
621
-11%
490
-21%
441
-10%
417
-5%
503
+21%
497
-1%
520
+5%
523
+1%
526
+1%
484
-8%
749
+55%
714
-5%
620
-13%
302
-51%
38
-87%
(131)
N/A
(27)
+79%
49
N/A
123
+151%
233
+89%
202
-13%
597
+195%
795
+33%
829
+4%
886
+7%
602
-32%
548
-9%
476
-13%
556
+17%
549
-1%
547
0%
673
+23%
523
-22%
392
-25%
222
-43%
153
-31%
201
+31%
783
+290%
806
+3%
895
+11%
962
+8%
680
-29%
481
-29%
536
+11%
403
-25%
824
+104%
985
+20%
881
-11%
786
-11%
162
-79%
96
-40%
92
-5%
312
+239%
385
+24%
584
+52%
2 873
+392%
3 005
+5%
3 098
+3%
2 921
-6%
323
-89%
54
-83%
(349)
N/A
(350)
0%
(104)
+70%
(119)
-15%
101
N/A
123
+22%
152
+23%
122
-20%
(409)
N/A
(319)
+22%
(349)
-10%
(304)
+13%
43
N/A
29
-33%
18
-38%
(54)
N/A
8
N/A
104
+1 159%
813
+680%
843
+4%
843
0%
EPS (Diluted)
2.09
N/A
2.09
N/A
2.02
-3%
1.89
-6%
2.19
+16%
2.27
+4%
2.36
+4%
3.78
+60%
3.34
-12%
3.82
+14%
4.02
+5%
4.25
+6%
5.02
+18%
4.85
-3%
4.28
-12%
3.45
-19%
2.93
-15%
2.54
-13%
3.32
+31%
3.28
-1%
3.16
-4%
3.16
N/A
3.29
+4%
3.02
-8%
4.47
+48%
4.36
-2%
3.75
-14%
1.89
-50%
0.24
-87%
-0.76
N/A
-0.14
+82%
0.28
N/A
0.67
+139%
1.25
+87%
1.09
-13%
3.23
+196%
4.02
+24%
4.69
+17%
4.76
+1%
3.23
-32%
2.94
-9%
2.52
-14%
2.97
+18%
2.94
-1%
2.91
-1%
3.54
+22%
2.78
-21%
2.08
-25%
1.17
-44%
0.8
-32%
1.06
+33%
4.15
+292%
4.25
+2%
4.71
+11%
5.07
+8%
3.58
-29%
2.54
-29%
2.76
+9%
2.12
-23%
4.32
+104%
5.17
+20%
4.62
-11%
4.14
-10%
0.84
-80%
0.5
-40%
0.47
-6%
1.62
+245%
2.01
+24%
3.05
+52%
15.03
+393%
15.72
+5%
16.21
+3%
15.29
-6%
1.7
-89%
0.29
-83%
-1.83
N/A
-1.82
+1%
-0.54
+70%
-0.62
-15%
0.53
N/A
0.64
+21%
0.79
+23%
0.64
-19%
-2.13
N/A
-1.66
+22%
-1.79
-8%
-1.59
+11%
0.23
N/A
0.14
-39%
0.09
-36%
-0.29
N/A
0.04
N/A
0.52
+1 200%
4.04
+677%
4.2
+4%
4.2
N/A
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