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Vornado Realty Trust

OverviewSuggest Edit

Vornado Realty L.P. engages in the ownership and operation of office, retail, and showroom properties in the United States. As of December 31, 2007, it owned 28 office properties in the New York City metropolitan area, and 83 office properties in the Washington, DC and Northern Virginia areas; 177 retail properties; 9 merchandise mart properties; and 90 cold storage warehouses, as well as 588 toy stores and 259 Babies ‘R’ Us stores in the United States, and 505 toy stores internationally. The company also has investments in 7 properties in the greater New York metropolitan area; the Hotel Pennsylvania in New York City; 6 dry warehouse/industrial properties in New Jersey covering approximately 1.2 million square feet; and marketable securities, as well as in other public companies that own and manage office, industrial, and retail properties leased to corporations, and student and military housing properties. Vornado Realty Trust operates as general partner of the company. The company is based in New York, New York. Vornado Realty LP operates as a subsidiary of Vornado Realty Trust.
TypePublic
HQNew York, NY, USMap
Websitevno.com
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Employees (est.) (Dec 2019)4,008(+3%)
Revenue (FY, 2019)$1.9 B(-11%)
Share Price (Jan 2021)$38.6 (+2%)
Cybersecurity ratingCMore

Key People/Management at Vornado Realty Trust

Steven Roth

Steven Roth

Chairman of the Board, Chief Executive Officer
Michael J. Franco

Michael J. Franco

President
Glen J. Weiss

Glen J. Weiss

Executive Vice President ‐ Office Leasing and Co-Head of Real Estate
Joseph Macnow

Joseph Macnow

Executive Vice President Chief Financial Officer Chief Administrative Officer
Barry S. Langer

Barry S. Langer

Executive Vice President – Development and Co-Head of Real Estate
Haim Chera

Haim Chera

Executive Vice President, Head of Retail
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Vornado Realty Trust Office Locations

Vornado Realty Trust has offices in New York and Paramus
New York, NY, US (HQ)
888 7th Ave
Paramus, NJ, US
210 NJ-4, Paramus, NJ 07652, USA
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Vornado Realty Trust Financials and Metrics

Vornado Realty Trust Revenue

Vornado Realty Trust's revenue was reported to be $1.92 b in FY, 2019
USD

Revenue (Q3, 2020)

322.3m

Market capitalization (15-Jan-2021)

7.4b

Closing stock price (15-Jan-2021)

38.6

Cash (30-Sept-2020)

1.4b

EV

8.2b
Vornado Realty Trust's current market capitalization is $7.4 b.
Annual
USDFY, 2012FY, 2013FY, 2014FY, 2015FY, 2016FY, 2017FY, 2018FY, 2019

Revenue

2.8b2.8b2.6b2.5b2.0b2.1b2.2b1.9b

Revenue growth, %

4%4%

Cost of goods sold

844.6m886.6m963.5m

Gross profit

1.2b1.2b1.2b
Quarterly
USDQ1, 2010Q3, 2010Q4, 2010Q1, 2011Q2, 2011Q3, 2011Q4, 2011Q1, 2012Q2, 2012Q3, 2012Q1, 2013Q2, 2013Q3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020

Revenue

696.3m707.0m2.8b737.1m730.2m727.3m2.9b727.5m700.6m711.0m721.0m685.9m683.4m660.6m666.6m670.9m606.8m613.0m621.7m502.8m508.1m511.1m528.8m536.4m541.8m542.0m534.7m463.1m466.0m444.5m343.0m322.3m

Cost of goods sold

256.3m245.1m213.8m220.7m215.7m225.2m237.6m236.0m235.6m

Gross profit

356.7m376.6m289.0m287.4m295.4m303.5m298.8m305.8m306.5m

Gross profit Margin, %

58%61%57%57%58%57%56%56%57%
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Annual
USDFY, 2012FY, 2013FY, 2014FY, 2015FY, 2016FY, 2017FY, 2018FY, 2019

Cash

960.3m583.3m1.2b1.8b1.5b1.8b570.9m1.5b

Accounts Receivable

195.7m115.9m124.1m98.1m946.2m985.4m1.0b95.7m

PP&E

11.6b11.9b13.1b

Total Assets

22.0b20.1b21.2b21.1b20.8b17.4b17.2b18.3b
Quarterly
USDQ1, 2010Q2, 2010Q3, 2010Q4, 2010Q1, 2011Q2, 2011Q3, 2011Q4, 2011Q1, 2012Q2, 2012Q3, 2012Q1, 2013Q2, 2013Q3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2017Q3, 2017Q1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020

Cash

788.9m652.1m846.3m690.8m618.4m591.5m585.2m606.6m614.4m471.4m465.9m585.8m781.7m872.3m1.2b1.4b1.7b1.1b1.7b1.6b1.4b1.5b1.5b1.3b1.3b1.1b772.5m307.0m922.6m1.1b1.6b1.8b1.4b

Accounts Receivable

159.8m157.7m192.9m157.1m167.6m168.6m145.9m171.8m191.2m180.8m181.2m144.2m140.9m131.5m123.5m118.2m118.6m110.5m1.1b1.1b1.1b1.1b1.1b972.6m998.9m1.0b1.0b73.4m85.2m99.5m115.8m118.3m103.1m

PP&E

14.6b14.7b14.8b14.9b14.9b11.8b12.0b12.0b12.0b

Total Assets

20.4b19.9b20.6b20.5b20.5b20.5b20.2b20.4b20.3b20.0b20.4b21.1b20.3b20.3b20.4b20.7b21.0b19.3b20.9b21.1b20.9b20.7b20.9b16.8b16.9b16.9b16.7b17.6b17.9b18.2b18.2b18.0b17.6b
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Annual
USDFY, 2012FY, 2013FY, 2014FY, 2015FY, 2016FY, 2017FY, 2018FY, 2019

Net Income

617.3m564.7m1.0b859.4m422.6m264.1m981.9m3.3b

Depreciation and Amortization

557.9m562.0m583.4m566.2m472.8m529.8m595.3m438.9m

Accounts Payable

21.6m(41.7m)44.6m(33.7m)5.9m3.8m13.3m5.9m

Cash From Operating Activities

825.0m1.0b1.1b672.2m802.6m860.1m995.1m662.5m
Quarterly
USDQ1, 2010Q2, 2010Q3, 2010Q4, 2010Q1, 2011Q2, 2011Q3, 2011Q4, 2011Q1, 2012Q2, 2012Q3, 2012Q1, 2013Q2, 2013Q3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020

Net Income

232.5m286.7m390.9m647.9m412.7m521.2m575.0m662.3m251.5m289.8m531.1m262.9m421.1m603.5m98.2m263.8m433.0m125.2m(91.6m)176.8m277.4m73.8m221.3m210.6m282.0k105.6m324.8m213.0m2.8b3.2b(104.5m)(321.9m)(253.1m)

Depreciation and Amortization

140.3m280.1m419.6m556.3m136.9m274.0m415.0m581.0m145.3m285.6m419.0m148.9m289.6m419.2m153.9m288.2m424.0m131.1m150.6m299.5m446.0m145.9m289.9m407.5m115.3m233.7m353.8m123.1m240.9m342.0m96.9m193.9m305.9m

Accounts Payable

26.1m23.6m78.2m2.6m30.9m13.3m32.2m(28.7m)40.6m25.9m34.5m(21.9m)(50.7m)(38.9m)31.6m2.2m36.9m(12.7m)12.8m6.6m4.8m(670.0k)(6.0m)27.6m19.8m(11.0m)(3.8m)10.4m(11.5m)1.5m(7.7m)(26.6m)(4.1m)

Cash From Operating Activities

288.0m532.4m594.7m771.1m196.1m260.0m566.7m702.5m307.1m263.9m510.6m414.9m444.8m789.6m309.1m447.6m828.6m194.5m271.5m318.8m572.4m301.3m316.2m661.6m265.4m241.3m488.0m64.1m292.9m398.0m51.4m267.7m191.4m
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USDQ1, 2010

Financial Leverage

3.1 x
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Vornado Realty Trust Revenue Breakdown

Embed Graph

Vornado Realty Trust revenue breakdown by business segment: 81.4% from Property Rentals, 11.4% from Tenant Expense Reimbursements and 7.2% from Fee and Other Income

Vornado Realty Trust revenue breakdown by geographic segment: 84.9% from New York and 15.1% from Other

Vornado Realty Trust Cybersecurity Score

Cybersecurity ratingPremium dataset

C

79/100

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Vornado Realty Trust Environment, Social & Governance (ESG) Ratings

CSRHub ESG ratingPremium dataset

50-59

out of 100

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Vornado Realty Trust Online and Social Media Presence

Vornado Realty Trust's Trends

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Vornado Realty Trust News and Updates

July 14, 2020

Alexander’s Announces Vornado Realty Trust Quarterly Conference Call

PARAMUS, N.J., July 14, 2020 (GLOBE NEWSWIRE) -- ALEXANDER’S, INC. (NYSE: ALX) today announced that Vornado Realty Trust (NYSE: VNO), the manager which conducts Alexander’s operations, will host a quarterly earnings conference call and an audio webcast on Tuesday, August 4, 2020 at 10:00 a.m. East…
March 12, 2020

Dovel & Luner: Toys "R" Us Bankruptcy Creditor Trust Files Lawsuit Against Former CEO David Brandon, Directors from Private Equity Firms KKR, Bain Capital, and Vornado Realty Trust, and Others

NEW YORK, March 12, 2020 /PRNewswire/ -- The TRU Creditor Litigation Trust today filed a lawsuit in New York Supreme Court. The hundred-page Complaint alleges fraud and breaches of fiduciary duty by senior executives and corporate directors in connection with the ill-fated bankruptcy and...
October 16, 2018

Alexander’s Announces Vornado Realty Trust Quarterly Conference Call

May 01, 2018

Vornado Realty Trust's (VNO) CEO Steven Roth on Q1 2018 Results - Earnings Call Transcript

 Vornado Realty Trust Frequently Asked Questions

  • Who are Vornado Realty Trust key executives?

    Vornado Realty Trust's key executives are Steven Roth, Michael J. Franco and Glen J. Weiss.

  • How many employees does Vornado Realty Trust have?

    Vornado Realty Trust has 4,008 employees.

  • What is Vornado Realty Trust revenue?

    Latest Vornado Realty Trust annual revenue is $1.9 b.

  • What is Vornado Realty Trust revenue per employee?

    Latest Vornado Realty Trust revenue per employee is $480.2 k.

  • Who are Vornado Realty Trust competitors?

    Competitors of Vornado Realty Trust include Host Hotels & Resorts, Dom Development and Milhaus.

  • Where is Vornado Realty Trust headquarters?

    Vornado Realty Trust headquarters is located at 888 7th Ave, New York.

  • Where are Vornado Realty Trust offices?

    Vornado Realty Trust has offices in New York and Paramus.

  • How many offices does Vornado Realty Trust have?

    Vornado Realty Trust has 2 offices.