US · USD
VNO-PO
Vornado Realty Trust
- Day's range
- $13.80 – $14.06
- Day's volume
- $173.1K
- 52-week range
- $13.35 – $15.08
Follow VNO-PO in the Fuolio
See how VNO-PO weighs in your net worth, what it has paid you and how far it is from your target allocation.
Create a free accountVNO-PO in numbers
- Market cap
- $2.6B
- P/E
- 26.04
- P/B
- 0.45
- Dividend yield (12m)
- 7.98%
The 12-month dividend yield of VNO-PO is 7.98%, above its 5-year average of 7.86%.
VNO-PO price history
VNO-PO risk and return
Monthly closes adjusted for splits and distributions.
| Metric | 12 months | 36 months | 60 months |
|---|---|---|---|
| Return | +1.03% | +28.54% | -17.03% |
| Volatility (annualized) | 10.45% | 15.49% | 27.39% |
| Largest drawdown | -6.00% | -14.83% | -51.92% |
| Positive months | 4/12 | 18/36 | 26/60 |
How much did investing in VNO-PO return?
$1,000.00 invested on 11/01/2021 would be worth $829.71 today.
- Value today in VNO-PO
- $829.71
- Return over the period
- -17.03%
- Return per year
- -3.73%
- In the S&P 500
- $1,690.98
With dividends reinvested, before taxes and costs, at month-end closes. Past returns do not guarantee future ones.
VNO-PO fundamentals
Valuation
- P/E26.04
- P/B0.45
- EV/EBITDA—
- EV/EBIT—
- EV/Revenue2.48
- P/EBIT—
- P/S1.42
- P/OCF6.66
- P/FCF—
- Earnings yield—
- PEG ratio—
- Earnings per share$0.54
- Book value per share$31.00
Debt
- Net debt$1.9B
- Net debt/EBITDA—
- Net debt/Equity0.33
- Debt/Equity0.45
- Current ratio—
- Quick ratio—
- Cash ratio—
Efficiency
- Gross margin—
- EBITDA margin—
- Operating margin—
- Net margin5.46%
- Asset turnover0.12
Profitability
- ROE1.73%
- ROA0.64%
- ROIC—
- Payout207.88%
Growth
- Revenue CAGR (5 years)4.05%
- Earnings CAGR (5 years)—
- Revenue growth (year)—
- Earnings growth (year)—
- Revenue growth (quarter)—
- Earnings growth (quarter)—
What is VNO-PO's fair price?
Two classic value formulas, with today's numbers. The current price is $13.94.
- Graham's fair price
- $19.32
- 38.64% above the price
√(22.50 × $0.54 × $31.00)
Benjamin Graham paid no more than a P/E of 15 and a P/B of 1.5. Their product, 22.5, times earnings (EPS) and book value per share gives the fair price.
- Bazin's ceiling price
- $18.66
- 33.89% above the price
$1.12 (4-year average) ÷ 6%
Décio Bazin only bought stocks yielding at least 6% a year in distributions. The ceiling price is the average dividend per share of recent years over 6%.
Graham ignores growth and debt; Bazin assumes past distributions repeat. They are references to compare, not a buy recommendation.
VNO-PO's indicators by year
Multiples at each year's closing price; margins and returns from that year's statements.
| Indicator | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 |
|---|---|---|---|---|---|---|---|---|
| P/E | 2.90 | 150.77 | 78.29 | -6.81 | 22.77 | — | — | — |
| P/B | 0.45 | 0.58 | 0.47 | 0.45 | 0.76 | — | — | — |
| Dividend yield | 7.81% | 7.04% | 8.20% | 8.38% | — | — | — | — |
| Earnings per share | $4.91 | $0.10 | $0.17 | -$2.00 | $1.08 | -$1.55 | $16.48 | $2.36 |
| Book value per share | $31.40 | $27.03 | $28.94 | $30.44 | $32.53 | $34.14 | $35.25 | $23.44 |
| ROE | 15.65% | 0.39% | 0.60% | -6.56% | 3.34% | -4.55% | 46.76% | 10.08% |
| ROIC | — | — | — | — | — | — | — | 9.62% |
| EBITDA margin | — | — | — | — | — | — | — | 48.79% |
| Net margin | 51.76% | 1.12% | 1.82% | -21.28% | 13.09% | -19.44% | 163.55% | 20.80% |
| Net debt/EBITDA | — | — | — | — | — | — | — | 1.04 |
VNO-PO's financial statements
| Line | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|---|
| Net revenue | $1.8B | $1.8B | $1.8B | $1.8B | $1.6B | $1.5B |
| Cost of revenue | — | — | — | — | — | — |
| Gross profit | — | — | — | — | — | — |
| EBITDA | — | — | — | — | — | — |
| EBIT | — | — | — | — | — | — |
| Financial result | — | — | — | — | — | — |
| Income before tax | $950.7M | $42.8M | $62.1M | -$361M | $197.1M | -$425.2M |
| Income tax | -$13.5M | -$22.7M | -$29.2M | -$21.7M | $10.5M | -$36.6M |
| Net income | $937M | $20M | $33M | -$383M | $208M | -$297M |
Figures the company filed with the CVM. Debt excludes leases; each quarter is that quarter alone.
Does VNO-PO pay dividends?
Dividend yield per year
- 8.38%2022
- 8.20%2023
- 7.04%2024
- 7.81%2025
- 7.98%2026
| Type | Last day to own | Payment | Per share |
|---|---|---|---|
| Dividend | 09/14/2026 | 10/01/2026 | $0.28 |
| Dividend | 06/12/2026 | 07/01/2026 | $0.28 |
| Dividend | 03/13/2026 | 04/01/2026 | $0.28 |
| Dividend | 12/12/2025 | 01/02/2026 | $0.28 |
| Dividend | 09/12/2025 | 10/01/2025 | $0.28 |
| Dividend | 06/13/2025 | 07/01/2025 | $0.28 |
| Dividend | 03/14/2025 | 04/01/2025 | $0.28 |
| Dividend | 12/13/2024 | 01/02/2025 | $0.28 |
| Dividend | 09/13/2024 | 10/01/2024 | $0.28 |
| Dividend | 06/14/2024 | 07/01/2024 | $0.28 |
| Dividend | 03/13/2024 | 04/01/2024 | $0.28 |
| Dividend | 12/13/2023 | 01/02/2024 | $0.28 |
See all 20 distributions
| Type | Last day to own | Payment | Per share |
|---|---|---|---|
| Dividend | 09/13/2023 | 10/02/2023 | $0.28 |
| Dividend | 06/13/2023 | 07/03/2023 | $0.28 |
| Dividend | 03/13/2023 | 04/03/2023 | $0.28 |
| Dividend | 12/13/2022 | 01/03/2023 | $0.28 |
| Dividend | 09/13/2022 | 10/03/2022 | $0.28 |
| Dividend | 06/13/2022 | 07/01/2022 | $0.28 |
| Dividend | 03/11/2022 | 04/01/2022 | $0.28 |
| Dividend | 12/13/2021 | 01/03/2022 | $0.31 |
About Vornado Realty Trust
- Sector
- Finance, insurance and real estate
Questions about VNO-PO
How much is VNO-PO today?
VNO-PO is at $13.94 (0.98% on the day), last traded on 10/02/2026.
How much did VNO-PO pay in dividends in 2025?
VNO-PO paid $1.11 per share in 2025, a dividend yield of 7.81%.
What are the P/E and P/B of VNO-PO?
VNO-PO trades at a P/E of 26.04 and a P/B of 0.45.
How much did VNO-PO return in 12 months?
VNO-PO returned 1.03% in 12 months, with annualized volatility of 10.45% and a largest drawdown of -6.00%.