Vornado Realty Trust
VNOFinancial Statements
Income Statement (Annual)
Amounts in millions
2024
12/31/2024
Revenue
1,788
Cost of Revenue
928
Gross Profit
860
Gross Margin
48.1%
Operating Income
711
Operating Margin
39.8%
Net Income
70
Net Margin
3.9%
EPS (Basic)
$0.04
EPS (Diluted)
$0.04
EBITDA
693
EBITDA Margin
38.8%
2023
12/31/2023
Revenue
1,811
Cost of Revenue
905
Gross Profit
906
Gross Margin
50.0%
Operating Income
816
Operating Margin
45.0%
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
-175
Operating Margin
-9.7%
Net Income
-383
Net Margin
-21.3%
EPS (Basic)
$-2.00
EPS (Diluted)
$-2.00
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
380
Operating Margin
23.9%
Net Income
176
Net Margin
11.1%
EPS (Basic)
$0.92
EPS (Diluted)
$0.92
EBITDA
792
EBITDA Margin
49.9%
2020
12/31/2020
Revenue
1,528
Cost of Revenue
789
Gross Profit
739
Gross Margin
48.4%
Operating Income
-171
Operating Margin
-11.2%
Net Income
-462
Net Margin
-30.2%
EPS (Basic)
$-2.42
EPS (Diluted)
$-2.42
EBITDA
228
EBITDA Margin
14.9%