Vornado Realty Trust

Country
United States
Sector
Real Estate
Industry
REIT - Office
Employees
2,996
Ticker
VNO
Exchange
NEW YORK STOCK EXCHANGE, INC.
Description
Vornado Realty Trust is a prominent real estate investment trust (REIT) focused primarily on the ownership and management of office properties. It plays a critical role in the real estate sector by op...

Financial Statements of Vornado Realty Trust

Below are the financial statements of Vornado Realty Trust, including the income statement and balance sheet for the company's latest fiscal year. All figures are accurate, verifiable, and fully traceable to the original annual filing where disclosed.

All figures in millions of USD202420232022
Revenues:
Rental revenues
1,568.81a
1,607.49a
1,607.69a
Fee and other income
218.88a
203.68a
192.31a
Total revenues
1,787.69a
1,811.16a
1,800a
Expenses:
Operating
-927.8a
-905.16a
-873.91a
Depreciation and amortization
-447.5a
-434.27a
-504.5a
General and administrative
-148.52a
-162.88a
-133.73a
(Expense) benefit from deferred compensation plan liability
-12.64a
-12.16a
-9.62a
Transaction related costs, impairment losses and other
-5.24a
-50.69a
-31.72a
Total expenses
-1,541.7a
-1,565.17a
-1,534.25a
Income (loss) from partially owned entities
112.46a
38.69a
-461.35a
Interest and other investment income, net
45.97a
43.29a
23.41a
Income (loss) from deferred compensation plan assets
12.64a
12.16a
-9.62a
Interest and debt expense
-390.27a
-349.22a
-279.77a
Net gains on disposition of wholly owned and partially owned assets
16.05a
71.2a
100.63a
Income (loss) before income taxes
42.85a
62.11a
-360.95a
Income tax expense
-22.73a
-29.22a
-21.66a
Net income (loss)
20.12a
32.89a
-382.61a
Less net loss (income) attributable to noncontrolling interests in:
Consolidated subsidiaries
51.13a
75.97a
5.74a
Operating Partnership
-0.86a
-3.36a
30.38a
Net income (loss) attributable to Vornado
70.39a
105.49a
-346.5a
Preferred share dividends
-62.11a
-62.12a
-62.12a
Net income (loss) attributable to common shareholders
8.28a
43.38a
-408.62a

Verified Sources Behind Vornado Realty Trust’s Financial Fundamentals Data

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a. Vornado Realty Trust's Annual Report 2024
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