Vornado Realty Trust Past Earnings Performance
Past criteria checks 2/6
Vornado Realty Trust's earnings have been declining at an average annual rate of -65.1%, while the Office REITs industry saw earnings declining at 2.3% annually. Revenues have been declining at an average rate of 6.2% per year. Vornado Realty Trust's return on equity is 0.5%, and it has net margins of 2.3%.
Key information
-65.1%
Earnings growth rate
-65.1%
EPS growth rate
| Office REITs Industry Growth | 3.1% |
| Revenue growth rate | -6.2% |
| Return on equity | 0.5% |
| Net Margin | 2.3% |
| Next Earnings Update | 06 May 2024 |
Recent past performance updates
Recent updates
Revenue & Expenses BreakdownBeta
How Vornado Realty Trust makes and spends money. Based on latest reported earnings, on an LTM basis.
Earnings and Revenue History
| Date | Revenue | Earnings | G+A Expenses | R&D Expenses |
|---|---|---|---|---|
| 31 Dec 23 | 1,884 | 43 | 163 | 0 |
| 30 Sep 23 | 1,327 | -389 | 148 | 0 |
| 30 Jun 23 | 1,339 | -434 | 142 | 0 |
| 31 Mar 23 | 1,325 | -430 | 134 | 0 |
| 31 Dec 22 | 1,905 | -409 | 134 | 0 |
| 30 Sep 22 | 1,905 | 96 | 136 | 0 |
| 30 Jun 22 | 1,858 | 126 | 133 | 0 |
| 31 Mar 22 | 1,789 | 123 | 132 | 0 |
| 31 Dec 21 | 1,705 | 101 | 135 | 0 |
| 30 Sep 21 | 1,653 | -119 | 139 | 0 |
| 30 Jun 21 | 1,608 | -104 | 146 | 0 |
| 31 Mar 21 | 1,555 | -350 | 151 | 0 |
| 31 Dec 20 | 1,199 | -349 | 182 | 0 |
| 30 Sep 20 | 1,695 | 53 | 160 | 0 |
| 30 Jun 20 | 1,797 | 323 | 161 | 0 |
| 31 Mar 20 | 1,925 | 2,921 | 165 | 0 |
| 31 Dec 19 | 2,004 | 3,098 | 170 | 0 |
| 30 Sep 19 | 2,066 | 3,005 | 163 | 0 |
| 30 Jun 19 | 2,124 | 2,872 | 162 | 0 |
| 31 Mar 19 | 2,188 | 583 | 157 | 0 |
| 31 Dec 18 | 2,173 | 384 | 142 | 0 |
| 30 Sep 18 | 2,167 | 310 | 144 | 0 |
| 30 Jun 18 | 2,103 | 138 | 146 | 0 |
| 31 Mar 18 | 2,109 | 125 | 146 | 0 |
| 31 Dec 17 | 2,096 | 175 | 151 | 0 |
| 30 Sep 17 | 2,239 | 291 | 153 | 0 |
| 30 Jun 17 | 2,258 | 313 | 152 | 0 |
| 31 Mar 17 | 2,077 | 566 | 148 | 0 |
| 31 Dec 16 | 2,178 | 419 | 144 | 0 |
| 30 Sep 16 | 2,102 | 505 | 154 | 0 |
| 30 Jun 16 | 2,231 | 629 | 157 | 0 |
| 31 Mar 16 | 2,483 | 444 | 166 | 0 |
| 31 Dec 15 | 1,967 | 456 | 149 | 0 |
| 30 Sep 15 | 2,478 | 445 | 175 | 0 |
| 30 Jun 15 | 2,400 | 329 | 179 | 0 |
| 31 Mar 15 | 2,282 | 212 | 180 | 0 |
| 31 Dec 14 | 2,317 | 198 | 169 | 0 |
| 30 Sep 14 | 2,139 | -64 | 183 | 0 |
| 30 Jun 14 | 2,200 | -54 | 187 | 0 |
| 31 Mar 14 | 2,291 | -26 | 195 | 0 |
| 31 Dec 13 | 2,196 | -176 | 177 | 0 |
| 30 Sep 13 | 3,013 | 178 | 194 | 0 |
| 30 Jun 13 | 3,113 | 194 | 197 | 0 |
Quality Earnings: VNO.PRL has high quality earnings.
Growing Profit Margin: VNO.PRL became profitable in the past.
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: VNO.PRL's earnings have declined by 65.1% per year over the past 5 years.
Accelerating Growth: VNO.PRL has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.
Earnings vs Industry: VNO.PRL has become profitable in the last year, making it difficult to compare its past year earnings growth to the Office REITs industry (-30.5%).
Return on Equity
High ROE: VNO.PRL's Return on Equity (0.5%) is considered low.