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Vornado Realty Trust

VNO

Financial Statements

Income Statement (Annual)

Amounts in millions

2024

12/31/2024

Revenue
1,788
Cost of Revenue
0
Gross Profit
1,788
Gross Margin
100.0%
Operating Income
264
Operating Margin
14.8%
Net Income
70
Net Margin
3.9%
EPS (Basic)
$0.04
EPS (Diluted)
$0.04
EBITDA
881
EBITDA Margin
49.3%

2023

12/31/2023

Revenue
1,811
Cost of Revenue
905
Gross Profit
906
Gross Margin
50.0%
Operating Income
301
Operating Margin
16.6%
Net Income
105
Net Margin
5.8%
EPS (Basic)
$0.23
EPS (Diluted)
$0.23
EBITDA
846
EBITDA Margin
46.7%

2022

12/31/2022

Revenue
1,800
Cost of Revenue
874
Gross Profit
926
Gross Margin
51.4%
Operating Income
288
Operating Margin
16.0%
Net Income
-346
Net Margin
-19.2%
EPS (Basic)
$-2.13
EPS (Diluted)
$-2.13
EBITDA
423
EBITDA Margin
23.5%

2021

12/31/2021

Revenue
1,589
Cost of Revenue
797
Gross Profit
792
Gross Margin
49.8%
Operating Income
245
Operating Margin
15.4%
Net Income
176
Net Margin
11.1%
EPS (Basic)
$0.53
EPS (Diluted)
$0.53
EBITDA
841
EBITDA Margin
52.9%

2020

12/31/2020

Revenue
1,528
Cost of Revenue
789
Gross Profit
739
Gross Margin
48.4%
Operating Income
144
Operating Margin
9.4%
Net Income
-297
Net Margin
-19.4%
EPS (Basic)
$-1.83
EPS (Diluted)
$-1.83
EBITDA
204
EBITDA Margin
13.3%