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 USD | 2024 | 2023 | 2022 |
|---|---|---|---|
| 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 |
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