Vornado Realty Trust Past Earnings Performance
Past criteria checks 0/6
Vornado Realty Trust's earnings have been declining at an average annual rate of -75.7%, while the Office REITs industry saw earnings declining at 13.9% annually. Revenues have been growing at an average rate of 1.4% per year.
Key information
-75.7%
Earnings growth rate
-75.8%
EPS growth rate
| Office REITs Industry Growth | 3.1% |
| Revenue growth rate | 1.4% |
| Return on equity | -1.4% |
| Net Margin | -2.9% |
| Last Earnings Update | 30 Sep 2024 |
Recent past performance updates
Recent updates
Vornado Realty Trust: Manhattan Is The Best Office Real Estate Market In America, Preferreds Should Rally
Nov 13Vornado: A Full Recovery Is Priced In
Nov 06Vornado Realty Trust: My Largest Preferred Position Is The Series O
Aug 15Vornado Realty Trust: An 8.5% Yield For 52 Cents With The Series O Preferreds
Jun 07Vornado Realty Trust Q1 Earnings: Management Is Excited, But There Is Reason To Be Cautious
May 16Vornado Realty: I'm Still Buying The Preferreds
Apr 01Vornado Realty: I Backed Up The Truck Ahead Of Earnings
Jan 21Vornado: Valuation Normalized (Downgrade To Hold)
Jan 13Vornado: Q3 Results Point To A Steady Decline, Leaving Shares Unappealing
Oct 31New York Office Risks Remain, But Vornado Is Appropriately Discounted
Oct 11Vornado Realty's 8.7% Yielding Preferreds For 60 Cents On The Dollar
Sep 01Vornado: Exceptional Results Vs. The Exceptional Debt Load
Aug 01Vornado Realty Has Steam Heading Into Earnings After The SL Green News
Jul 10Vornado: Landmark Transaction May Re-Rate Office REITs Higher
Jun 27Vornado Realty Is Besieged On All Sides
May 30Vornado Realty Trust Q4 Earnings Preview
Feb 12Vornado Realty Trust expects $600M non-cash impairment charges in Q4
Jan 31Vornado Realty: Avoid The Dividend Cut With The 8.6% Preferreds
Dec 28Vornado: Expect A Dividend Cut
Dec 12Vornado: Upside Could Offset Any Correction In The Dividend Payout
Nov 04Vornado Realty Trust's Balance Sheet Adds To Office Woes
Oct 25You Say Vornado, I Say Vornado
Aug 31Vornado Realty Trust: Deal-Making Opportunities Are Brewing
Aug 03Vornado Realty Trust declares $0.53 dividend
Jul 28Vornado Realty Trust completes sale of a New York office building for $172.8M
Jul 05Vornado Realty Trust: Over 6% Dividend Yield On Premier NYC Properties
May 24Vornado Realty Trust: The 5.7-5.8% Yielding Preferred Shares Are Attractive
Mar 28Revenue & Expenses Breakdown
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 |
|---|---|---|---|---|
| 30 Sep 24 | 1,871 | -54 | 158 | 0 |
| 30 Jun 24 | 1,879 | 18 | 158 | 0 |
| 31 Mar 24 | 1,874 | 29 | 159 | 0 |
| 31 Dec 23 | 1,884 | 43 | 163 | 0 |
| 30 Sep 23 | 1,893 | -389 | 148 | 0 |
| 30 Jun 23 | 1,905 | -434 | 142 | 0 |
| 31 Mar 23 | 1,891 | -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 |
Quality Earnings: VNO is currently unprofitable.
Growing Profit Margin: VNO is currently unprofitable.
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: VNO is unprofitable, and losses have increased over the past 5 years at a rate of 75.7% per year.
Accelerating Growth: Unable to compare VNO's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: VNO is unprofitable, making it difficult to compare its past year earnings growth to the Office REITs industry (-32.7%).
Return on Equity
High ROE: VNO has a negative Return on Equity (-1.38%), as it is currently unprofitable.