Current Net Margin
3.55%
Vornado Realty Trust currently has a net profit margin of 3.55%.
Financial Fundamentals
VNO • Quarterly Data • 5Y View
Historical Margin Data
| Date | Rev ($B) | NI ($B) | Net Margin | Change (bps) |
|---|---|---|---|---|
| 2025-12-31 | 0.45 | 0.02 | 3.55% | ▼242 |
| 2025-09-30 | 0.45 | 0.03 | 5.98% | ▼16604 |
| 2025-06-30 | 0.44 | 0.76 | 172.02% | ▲14984 |
| 2025-03-31 | 0.46 | 0.10 | 22.18% | ▲1852 |
| 2024-12-31 | 0.46 | 0.02 | 3.65% | ▲447 |
| 2024-09-30 | 0.44 | -0.00 | -0.82% | ▼1210 |
| 2024-06-30 | 0.45 | 0.05 | 11.28% | ▲979 |
| 2024-03-31 | 0.44 | 0.01 | 1.49% | ▲1178 |
| 2023-12-31 | 0.44 | -0.05 | -10.29% | ▼2545 |
| 2023-09-30 | 0.45 | 0.07 | 15.16% | ▲206 |
| 2023-06-30 | 0.47 | 0.06 | 13.11% | ▲846 |
| 2023-03-31 | 0.45 | 0.02 | 4.64% | ▲11154 |
| 2022-12-31 | 0.45 | -0.48 | -106.89% | ▼11199 |
| 2022-09-30 | 0.46 | 0.02 | 5.09% | ▼945 |
| 2022-06-30 | 0.45 | 0.07 | 14.54% | ▲504 |
| 2022-03-31 | 0.44 | 0.04 | 9.50% | ▲299 |
| 2021-12-31 | 0.42 | 0.03 | 6.51% | ▼901 |
| 2021-09-30 | 0.41 | 0.06 | 15.52% | ▼150 |
| 2021-06-30 | 0.38 | 0.06 | 17.02% | ▲1162 |
| 2021-03-31 | 0.38 | 0.02 | 5.41% | ▲5720 |
| 2020-12-31 | 0.38 | -0.19 | -51.80% | ▼6985 |
| 2020-09-30 | 0.36 | 0.07 | 18.05% | ▲7205 |
| 2020-06-30 | 0.34 | -0.19 | -54.00% | ▼5793 |
| 2020-03-31 | 0.44 | 0.02 | 3.94% | ▼4070 |
| 2019-12-31 | 0.46 | 0.21 | 44.63% | ▼2735 |
| 2019-09-30 | 0.47 | 0.34 | 71.99% | ▼44900 |
| 2019-06-30 | 0.46 | 2.41 | 520.99% | ▲48470 |
| 2019-03-31 | 0.53 | 0.19 | 36.29% | ▲1549 |
| 2018-12-31 | 0.54 | 0.11 | 20.80% | ▼1668 |
| 2018-09-30 | 0.54 | 0.20 | 37.48% | ▲1459 |
| 2018-06-30 | 0.54 | 0.12 | 22.90% | ▲2109 |
| 2018-03-31 | 0.54 | 0.01 | 1.80% | ▼646 |
| 2017-12-31 | 0.54 | 0.04 | 8.27% | ▲1071 |
| 2017-09-30 | 0.53 | -0.01 | -2.44% | ▼2354 |
| 2017-06-30 | 0.63 | 0.13 | 21.10% | ▲1081 |
| 2017-03-31 | 0.62 | 0.06 | 10.29% | ▼9426 |
| 2016-12-31 | 0.64 | 0.67 | 104.55% | ▲8993 |
| 2016-09-30 | 0.63 | 0.09 | 14.62% | ▼2412 |
| 2016-06-30 | 0.62 | 0.24 | 38.74% | ▲5404 |
| 2016-03-31 | 0.61 | -0.09 | -15.30% | ▼5384 |
| 2015-12-31 | 0.65 | 0.25 | 38.54% | ▲361 |
| 2015-09-30 | 0.63 | 0.22 | 34.93% | ▲475 |
| 2015-06-30 | 0.62 | 0.19 | 30.18% | ▲1303 |
| 2015-03-31 | 0.61 | 0.10 | 17.15% | ▼6645 |
| 2014-12-31 | 0.64 | 0.53 | 83.61% | ▲6102 |
| 2014-09-30 | 0.67 | 0.15 | 22.58% | ▲803 |
| 2014-06-30 | 0.67 | 0.10 | 14.55% | ▲203 |
| 2014-03-31 | 0.66 | 0.08 | 12.52% | ▲1971 |
| 2013-12-31 | 0.67 | -0.05 | -7.19% | ▼2232 |
| 2013-09-30 | 0.68 | 0.10 | 15.13% | ▼794 |
| 2013-06-30 | 0.69 | 0.16 | 23.07% | ▼1340 |
| 2013-03-31 | 0.72 | 0.26 | 36.47% | ▲2395 |
| 2012-12-31 | 0.69 | 0.09 | 12.52% | ▼2142 |
| 2012-09-30 | 0.71 | 0.24 | 33.94% | ▲2847 |
| 2012-06-30 | 0.70 | 0.04 | 5.47% | ▼2911 |
| 2012-03-31 | 0.73 | 0.25 | 34.58% | ▲2281 |
| 2011-12-31 | 0.74 | 0.09 | 11.77% | ▲438 |
| 2011-09-30 | 0.73 | 0.05 | 7.39% | ▼748 |
| 2011-06-30 | 0.73 | 0.11 | 14.87% | ▼4111 |
| 2011-03-31 | 0.74 | 0.41 | 55.98% | ▲1821 |
| 2010-12-31 | 0.68 | 0.26 | 37.78% | ▲2303 |
| 2010-09-30 | 0.71 | 0.10 | 14.75% | ▲439 |
| 2010-06-30 | 0.70 | 0.07 | 10.36% | ▼2045 |
| 2010-03-31 | 0.70 | 0.21 | 30.81% | ▲4986 |
| 2009-12-31 | 0.72 | -0.14 | -19.04% | ▼3999 |
| 2009-09-30 | 0.67 | 0.14 | 20.95% | ▲2650 |
| 2009-06-30 | 0.68 | -0.04 | -5.55% | ▼2609 |
| 2009-03-31 | 0.68 | 0.14 | 20.54% | ▲4963 |
| 2008-12-31 | 0.70 | -0.20 | -29.09% | ▼3584 |
| 2008-09-30 | 0.68 | 0.05 | 6.75% | ▼1396 |
| 2008-06-30 | 0.67 | 0.14 | 20.71% | ▼4246 |
| 2008-03-31 | 0.65 | 0.41 | 63.17% | ▲3409 |
| 2007-12-31 | 0.59 | 0.17 | 29.08% | ▲1374 |
| 2007-09-30 | 0.85 | 0.13 | 15.34% | ▼557 |
| 2007-06-30 | 0.79 | 0.17 | 20.91% | ▼174 |
| 2007-03-31 | 0.74 | 0.17 | 22.65% | ▲609 |
| 2006-12-31 | 0.72 | 0.12 | 16.56% | ▼230 |
| 2006-09-30 | 0.68 | 0.13 | 18.86% | ▼575 |
| 2006-06-30 | 0.66 | 0.16 | 24.61% | ▲157 |
| 2006-03-31 | 0.65 | 0.15 | 23.04% | ▲584 |
| 2005-12-31 | 0.70 | 0.12 | 17.21% | ▲1131 |
| 2005-09-30 | 0.66 | 0.04 | 5.90% | ▼2455 |
| 2005-06-30 | 0.59 | 0.18 | 30.44% | ▼300 |
| 2005-03-31 | 0.60 | 0.20 | 33.44% | ▼1481 |
| 2004-12-31 | 0.50 | 0.24 | 48.25% | ▲2222 |
| 2004-09-30 | 0.42 | 0.11 | 26.03% | ▼1446 |
| 2004-06-30 | 0.40 | 0.16 | 40.49% | ▲1952 |
| 2004-03-31 | 0.39 | 0.08 | 20.97% | ▼3344 |
| 2003-12-31 | 0.38 | 0.21 | 54.41% | ▲3459 |
| 2003-09-30 | 0.38 | 0.08 | 19.82% | ▼362 |
| 2003-06-30 | 0.37 | 0.09 | 23.43% | ▼90 |
| 2003-03-31 | 0.38 | 0.09 | 24.33% | ▲1045 |
| 2002-12-31 | 0.37 | 0.05 | 13.89% | ▼350 |
| 2002-09-30 | 0.36 | 0.06 | 17.39% | ▼206 |
| 2002-06-30 | 0.35 | 0.07 | 19.45% | ▲519 |
| 2002-03-31 | 0.35 | 0.05 | 14.26% | ▼1246 |
| 2001-12-31 | 0.24 | 0.06 | 26.73% | ▼395 |
| 2001-09-30 | 0.25 | 0.08 | 30.68% | ▲381 |
| 2001-06-30 | 0.25 | 0.07 | 26.87% | ▲357 |
| 2001-03-31 | 0.24 | 0.06 | 23.29% | ▼338 |
| 2000-12-31 | 0.19 | 0.05 | 26.67% | ▼492 |
| 2000-09-30 | 0.22 | 0.07 | 31.59% | ▲293 |
| 2000-06-30 | 0.20 | 0.06 | 28.66% | ▼63 |
| 2000-03-31 | 0.20 | 0.06 | 29.29% | ▼167 |
| 1999-12-31 | 0.15 | 0.05 | 30.96% | ▲85 |
| 1999-09-30 | 0.18 | 0.06 | 30.11% | ▼120 |
| 1999-06-30 | 0.17 | 0.05 | 31.31% | ▲139 |
| 1999-03-31 | 0.16 | 0.05 | 29.91% | ▼1221 |
| 1998-12-31 | 0.09 | 0.04 | 42.12% | ▲1008 |
| 1998-09-30 | 0.14 | 0.05 | 32.05% | ▲379 |
| 1998-06-30 | 0.13 | 0.04 | 28.26% | ▼665 |
| 1998-03-31 | 0.09 | 0.03 | 34.90% | ▼113 |
| 1997-12-31 | 0.06 | 0.02 | 36.03% | ▲1077 |
| 1997-09-30 | 0.06 | 0.02 | 25.26% | ▼196 |
| 1997-06-30 | 0.05 | 0.01 | 27.22% | ▼586 |
| 1997-03-31 | 0.03 | 0.01 | 33.08% | ▼1768 |
| 1996-12-31 | 0.03 | 0.02 | 50.75% | ▼65 |
| 1996-09-30 | 0.03 | 0.01 | 51.40% | ▼30 |
| 1996-06-30 | 0.03 | 0.02 | 51.70% | ▼395 |
| 1996-03-31 | 0.03 | 0.02 | 55.65% | — |
* Basis Point (bps) change measures sequential efficiency shifts. 100 bps = 1.00% Margin change.