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VORNADO RLTY TR 6.50 A PR (VNORP) Financials

VNORP
Trailing 12 months to June 30, 2026
Revenue $1.8B +1.4% YoY
Net Income $99.9M -87.9% YoY
EPS (Diluted) $0.03 -99.3% YoY
Operating Cash Flow $390.9M -71.9% YoY
Source SEC Filings (10-K/10-Q) Latest period Q2 FY2026, ended Jun 30, 2026 Reported Currency USD FYE December

Newest figures come from the 10-Q for Q2 FY2026, filed Aug 3, 2026. Each column of the statement tables below links to the filing it was taken from, and every filing is listed on the VNORP SEC filings page.

VORNADO RLTY TR 6.50 A PR (VNORP) reported $1.8B in revenue over the twelve months to Jun 30, 2026, up 1.4% from the prior twelve months. This page shows its income statement, balance sheet, cash flow statement, and key financial ratios. View 15 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).

Rhea AI VNORP FY2025

A flat-revenue business produced a 2025 earnings and cash-flow surge while shrinking debt and distributing capital.

The 2025 profit jump was not merely accounting profit: operating cash flow reached $1.26B, or 1.3x net income, despite revenue being essentially flat. The prior year paired only $20M of net income with $538M of operating cash flow, so the latest result marks a sharp shift in earnings quality rather than a scale-led improvement.

Deleveraging is visible in the balance sheet: debt-to-equity reached 0.4x as liabilities declined 11.3%, indicating less reliance on creditors. Equity rose 16.1% while assets fell 3.0%, meaning reported profit coincided with rebuilt capital without expanding the asset base.

Investing activities produced $116M of positive cash flow, so reported cash generation was not absorbed by investment spending. Financing cash flow was -$1.35B versus $192M of dividends and buybacks, making the principal cash movement a balance-sheet repositioning rather than routine shareholder distribution.

[ NOT FINANCIAL ADVICE ]

Financial Health Signals

Financial health score not available

VORNADO RLTY TR 6.50 A PR does not currently provide enough eligible data for a peer-relative financial health score, so none is published. The signals and metrics below are current.

Piotroski F-Score Partial
7/7

VORNADO RLTY TR 6.50 A PR passes 7 of 7 computable financial strength tests (2 of the nine could not be computed from available data). All 4 profitability signals pass (positive income, cash flow, and earnings quality), all 2 leverage/liquidity signals pass, both operating efficiency signals pass.

Earnings Quality Cash-Backed
1.34x

For every $1 of reported earnings, VORNADO RLTY TR 6.50 A PR generates $1.34 in operating cash flow ($1.3B OCF vs $937.0M net income). This indicates profits are well-supported by actual cash generation, not accounting adjustments.

Key Financial Metrics

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Earnings & Revenue

Revenue
$462.2M
YoY+4.7%
QoQ+0.7%
5Y CAGR+4.1%

VORNADO RLTY TR 6.50 A PR generated $462.2M in revenue in Q2 2026. This represents an increase of 4.7% from the same quarter a year earlier. Against the prior quarter it is up 0.7%.

Net Income
$32.0M
YoY-95.8%
QoQ+536.8%
5Y CAGR-13.1%
10Y CAGR-18.3%

VORNADO RLTY TR 6.50 A PR reported $32.0M in net income in Q2 2026. This represents a decrease of 95.8% from the same quarter a year earlier. Against the prior quarter it is up 536.8%.

EPS (Diluted)
$0.08
5Y CAGR-20.4%
10Y CAGR-23.5%

VORNADO RLTY TR 6.50 A PR earned $0.08 per diluted share (EPS) in Q2 2026.

EBITDA

Not reported for Q2 2026.

Cash & Balance Sheet

Cash & Debt
$675.4M
YoY-43.9%
QoQ-37.5%
5Y CAGR-20.8%
10Y CAGR-8.5%

VORNADO RLTY TR 6.50 A PR held $675.4M in cash against $2.6B in long-term debt as of Q2 2026.

Shares Outstanding
187M
5Y CAGR-0.5%
10Y CAGR-0.1%

VORNADO RLTY TR 6.50 A PR had 187M shares outstanding in Q2 2026.

Free Cash Flow

Not reported for Q2 2026.

Dividends Per Share

Not reported for Q2 2026.

Margins & Returns

Net Margin
6.9%
QoQ+8.5pp
5Y change-10.1pp

VORNADO RLTY TR 6.50 A PR's net profit margin was 6.9% in Q2 2026, showing the share of revenue converted to profit. Against the prior quarter it is up 8.5 percentage points. No change is given against Q2 2025: its reported ratio is above 100.0% of revenue, so it does not read as a share of revenue.

Return on Equity
0.5%
YoY-11.9pp
QoQ+0.7pp
5Y change-0.5pp
10Y change-3.1pp

VORNADO RLTY TR 6.50 A PR's ROE was 0.5% in Q2 2026, measuring profit generated per dollar of shareholder equity. This is down 11.9 percentage points from the same quarter a year earlier. Against the prior quarter it is up 0.7 percentage points.

Gross Margin

Not reported for Q2 2026.

Operating Margin

Not reported for Q2 2026.

Capital Allocation

Share Buybacks
$53.5M
QoQ-33.0%

VORNADO RLTY TR 6.50 A PR spent $53.5M on share buybacks in Q2 2026, returning capital to shareholders by reducing shares outstanding. Against the prior quarter it is down 33.0%.

R&D Spending

Not reported for Q2 2026.

Capital Expenditures

Not reported for Q2 2026.

VNORP Income Statement

Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.

VNORP quarterly income statement
MetricQ2'2610-QQ1'2610-QQ4'2510-QQ3'2510-QQ2'2510-QQ1'2510-QQ4'2410-KQ3'2410-Q
Revenue$462.2M+4.7%$459.1M-0.5%$453.7M-0.9%$453.7M+2.4%$441.4M-2.0%$461.6M+5.8%$457.8M+3.6%$443.3M-1.7%
SG&A Expenses$39.1M-2.2%$42.2M+9.5%$40.0M+9.3%$37.5M+5.6%$40.0M+3.9%$38.6M+1.8%$36.6M-20.4%$35.5M-0.9%
Interest Expense$89.6M+1.9%$89.2M-6.9%$85.7M-14.7%$84.5M-16.3%$87.9M-10.6%$95.8M+5.9%$100.5M+14.6%$100.9M+14.5%
Income Tax$3.6M-13.4%$5.9M-17.9%$7.8M+33.7%-$5.6M-214.5%$4.1M-22.0%$7.2M+6.7%$5.8M-30.5%$4.9M-58.2%
Net Income$32.0M-95.8%-$7.3M-107.1%$48.2M+243.1%$27.1M+847.8%$759.3M+1395.1%$102.4M+1476.1%-$33.7M+71.5%-$3.6M-105.3%
EPS (Basic)$0.09-97.7%-$0.12-126.7%$0.01$0.06+160.0%$3.87+1936.8%$0.45+1000.0%$0.00+100.0%-$0.10-135.7%
EPS (Diluted)$0.08-$0.12$0.01$0.06$3.70+1955.6%$0.43+960.0%$0.00+100.0%-$0.10
Diluted Shares (Avg)194M190MN/A200M201M+3.4%201M+5.4%N/A191M

Not reported in any period shown, so not listed: Cost of Revenue, Gross Profit, R&D Expenses, Operating Income, EBITDA.

VNORP Balance Sheet

Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.

VNORP quarterly balance sheet
MetricQ2'2610-QQ1'2610-QQ4'2510-QQ3'2510-QQ2'2510-QQ1'2510-QQ4'2410-KQ3'2410-Q
Total Assets$15.6B0.0%$15.9B+2.1%$15.5B-3.0%$15.7B-2.1%$15.6B-3.7%$15.6B-3.8%$16.0B-1.2%$16.1B-2.2%
Cash & Equivalents$675.4M-43.9%$1.1B+90.1%$840.9M+14.6%$1.0B+28.9%$1.2B+38.1%$568.9M-36.3%$733.9M-26.4%$783.6M-21.7%
Short-Term Investments$0$0$0$0$0$0$0$0
Accounts Receivable$97.6M+49.6%$98.0M+38.2%$77.1M+31.1%$89.3M+24.0%$65.2M-8.4%$70.9M-7.4%$58.9M-15.4%$72.1M-18.5%
Long-Term Investments$0$0$0$0$0$0$0$0
Total Liabilities$8.9B+3.7%$9.2B-1.7%$8.7B-11.3%$8.7B-11.1%$8.6B-12.3%$9.4B-4.7%$9.8B-0.2%$9.8B-0.9%
Long-Term Debt$2.6B+22.7%$2.8B+32.2%$2.3B-11.8%$2.3B-11.8%$2.1B-17.4%$2.1B-17.4%$2.6B+0.1%$2.6B+0.1%
Total Equity$5.8B-5.0%$6.0B+13.2%$6.0B+16.1%$6.1B+14.9%$6.1B+8.3%$5.3B-4.1%$5.2B-6.4%$5.3B-9.2%
Retained Earnings-$3.6B-9.7%-$3.6B+11.4%-$3.5B+15.7%-$3.3B+17.5%-$3.3B+16.9%-$4.1B-0.9%-$4.1B-3.3%-$4.0B-2.9%

Not reported in any period shown, so not listed: Current Assets, Inventory, Goodwill, Current Liabilities, Non-Current Liabilities.

VNORP Cash Flow Statement

Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.

VNORP quarterly cash flow statement
MetricQ2'2610-QQ1'2610-QQ4'2510-QQ3'2510-QQ2'2510-QQ1'2510-QQ4'2410-KQ3'2410-Q
Operating Cash Flow$163.7M-84.1%$47.7M-8.2%$146.3M-29.1%$33.2M-68.5%$1.0B+427.5%$52.0M+65.3%$206.2M-2.4%$105.4M+69.6%
Depreciation & Amortization$171.2M+48.2%$124.1M+2.3%$118.1M-0.2%$117.1M+1.0%$115.6M+5.3%$121.3M+6.4%$118.3M+2.4%$116.0M+5.1%
Stock-Based Compensation$7.8M+3.8%$5.7M-6.1%N/A$5.6M-14.8%$7.5M-14.1%$6.0M-19.9%N/A$6.5M-32.3%
Investing Cash Flow-$268.7M-207.6%-$229.9M-183.5%-$93.0M+15.7%-$316.6M-75.9%$249.7M+239.9%$275.5M+314.2%-$110.3M+43.3%-$180.0M-107.9%
Financing Cash Flow-$317.6M+55.9%$416.1M+188.5%-$227.8M-29.9%$72.3M+648.4%-$720.2M-1391.9%-$470.3M-2929.3%-$175.4M-897.2%-$13.2M+47.7%
Dividends PaidN/AN/AN/AN/AN/AN/A$141.1M+147.0%$0
Share Buybacks$53.5M$79.9MN/AN/A$0$0$0$0-100.0%

Not reported in any period shown, so not listed: Capital Expenditures, Free Cash Flow.

VNORP Financial Ratios

Margins and returns are percentages; the remaining ratios are unitless multiples. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.

VNORP quarterly financial ratios
MetricQ2'2610-QQ1'2610-QQ4'2510-QQ3'2510-QQ2'2510-QQ1'2510-QQ4'2410-KQ3'2410-Q
Net Margin6.9%-1.6%-23.8pp10.6%+18.0pp6.0%+6.8pp172.0%22.2%+20.7pp-7.3%+19.4pp-0.8%-16.0pp
Return on Equity0.5%-11.9pp-0.1%-2.1pp0.8%+1.5pp0.4%+0.5pp12.5%+11.6pp1.9%+1.8pp-0.7%+1.5pp-0.1%-1.3pp
Return on Assets0.2%-4.7pp-0.1%-0.7pp0.3%+0.5pp0.2%+0.2pp4.9%+4.5pp0.7%+0.6pp-0.2%+0.5pp0.0%-0.4pp
Debt-to-Equity0.45+0.1x0.47+0.1x0.38-0.1x0.37-0.1x0.35-0.1x0.40-0.1x0.500.0x0.490.0x
Asset Turnover0.030.0x0.030.0x0.030.0x0.030.0x0.030.0x0.030.0x0.030.0x0.030.0x

Not reported in any period shown, so not listed: Gross Margin, Operating Margin, Current Ratio, FCF Margin.

Reported as filed but not readable as a share of revenue in the periods where the ratio runs further from zero than a revenue base allows; no change figure is given where either compared period is one of those: Net Margin.

Frequently Asked Questions

What is VORNADO RLTY TR 6.50 A PR's annual revenue?

VORNADO RLTY TR 6.50 A PR (VNORP) reported $1.8B in total revenue for fiscal year 2025. This represents a 1.3% change compared to the previous fiscal year. Revenue measures the total income earned from the company's primary business operations before any expenses are deducted.

How fast is VORNADO RLTY TR 6.50 A PR's revenue growing?

VORNADO RLTY TR 6.50 A PR (VNORP) revenue grew by 1.3% year-over-year, from $1.8B to $1.8B in fiscal year 2025.

Is VORNADO RLTY TR 6.50 A PR profitable?

Yes, VORNADO RLTY TR 6.50 A PR (VNORP) reported a net income of $937.0M in fiscal year 2025, with a net profit margin of 51.8%.

VORNADO RLTY TR 6.50 A PR (VNORP) reported diluted earnings per share of $4.20 for fiscal year 2025. EPS represents the portion of a company's net income allocated to each outstanding share of common stock and is widely used to evaluate profitability on a per-share basis.

As of fiscal year 2025, VORNADO RLTY TR 6.50 A PR (VNORP) had $840.9M in cash and equivalents against $2.3B in long-term debt.

VORNADO RLTY TR 6.50 A PR (VNORP) had a net profit margin of 51.8% in fiscal year 2025, representing the share of revenue converted into profit after all expenses.

Yes, VORNADO RLTY TR 6.50 A PR (VNORP) paid $0.74 per share in dividends during fiscal year 2025.

VORNADO RLTY TR 6.50 A PR (VNORP) has a return on equity of 15.7% for fiscal year 2025, measuring how efficiently the company generates profit from shareholder equity.

VORNADO RLTY TR 6.50 A PR (VNORP) generated $1.3B in operating cash flow during fiscal year 2025, representing cash generated from core business activities.

VORNADO RLTY TR 6.50 A PR (VNORP) had $15.5B in total assets as of fiscal year 2025, including both current and long-term assets.

Yes, VORNADO RLTY TR 6.50 A PR (VNORP) spent $51.0M on share buybacks during fiscal year 2025, returning capital to shareholders by reducing shares outstanding.

VORNADO RLTY TR 6.50 A PR (VNORP) had 191M shares outstanding as of fiscal year 2025.

VORNADO RLTY TR 6.50 A PR (VNORP) had a debt-to-equity ratio of 0.38 as of fiscal year 2025, measuring the company's financial leverage by comparing total debt to shareholder equity.

VORNADO RLTY TR 6.50 A PR (VNORP) had a return on assets of 6.0% for fiscal year 2025, measuring how efficiently the company uses its assets to generate profit.

VORNADO RLTY TR 6.50 A PR (VNORP) has a Piotroski F-Score of 7 out of 7 computable signals; 2 of the nine could not be computed from available data, so the full-scale strength rating is not shown. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7 to 9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.

VORNADO RLTY TR 6.50 A PR (VNORP) has an earnings quality ratio of 1.34x, considered cash-backed (high quality). This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation. Learn more in our complete guide to financial health indicators.

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