Vornado Realty Trust (VNO)

Index:

S&P 500

$ 43.07
   
  • Change Today:
    $0.65
  • 52 Week High: $45.76
  • 52 Week Low: $21.72
  • Currency: US Dollars
  • Shares Issued: 190.39m
  • Volume: 1,467,183
  • Market Cap: $8,200m
  • RiskGrade: 236
  • Beta: 1.49

Fundamentals - based on IFRS

  $ (Millions) $ (Millions) $ (Millions) $ (Millions) $ (Millions)
Income Statement 31-Dec-23 31-Dec-22 31-Dec-21 31-Dec-20 31-Dec-19
Continuing Operations          
Revenue 1,811.16 1,799.99 1,589.21 1,527.95 1,924.70
Operating Profit/(Loss) 411.33 (81.19) 377.38 (190.46) 3,702.53
Profit Before Tax 62.11 (360.95) 197.06 (425.21) 3,437.73
Profit After Tax 32.89 (382.61) 207.55 (461.85) 3,334.29
           
Earnings per Share - Basic 23.00¢ (213.00¢) 0.54¢ (183.00¢) 1,623.00¢
Earnings per Share - Adjusted 23.00¢ (213.00¢) 0.54¢ (183.00¢) 1,623.00¢
           
Dividend per Share 67.50¢ 212.00¢ 2.14¢ 238.00¢ 459.00¢
  $ (Millions) $ (Millions) $ (Millions) $ (Millions) $ (Millions)
Balance Sheet 31-Dec-23 31-Dec-22 31-Dec-21 31-Dec-20 31-Dec-19
Assets          
Non-Current Assets          
Property, Plant & Equipment 10,728.42 10,528.14 10,178.70 9,285.86 10,437.60
Intangible Assets n/a n/a n/a 23.86 30.97
Other Non-Current Assets n/a n/a n/a n/a n/a
  10,728.42 10,528.14 10,178.70 9,309.72 10,468.57
Current Assets          
Inventories n/a n/a n/a n/a n/a
Cash at Bank & in Hand 997.00 889.69 1,760.22 1,624.48 1,515.01
Other Current Assets n/a n/a n/a n/a n/a
  997.00 889.69 1,760.22 1,624.48 1,515.01
           
Other Assets 4,462.24 5,075.54 5,327.67 5,287.62 6,303.44
Total Assets 16,187.67 16,493.38 17,266.59 16,221.82 18,287.01
Current Liabilities          
Borrowings n/a n/a n/a n/a n/a
Other Current Liabilities n/a n/a n/a n/a n/a
           
Current Liabilities n/a n/a n/a n/a n/a
           
Net Current Assets c997.00 c889.69 c1,760.22 c1,624.48 c1,515.01
           
Borrowings 1,527.42 1,529.16 1,560.00 7,003.24 7,329.86
Other Non-Current Liabilities n/a n/a n/a n/a n/a
Non-Current Liabilities 1,527.42 1,529.16 1,560.00 7,003.24 7,329.86
           
Other Liabilities 8,954.96 8,887.83 9,191.35 2,270.43 2,757.26
Total Liabilities 10,482.38 10,417.00 10,751.35 9,273.67 10,087.12
           
Net Assets 5,705.29 6,076.38 6,515.24 6,948.15 8,199.89
           
Shareholders Funds 5,509.06 5,839.73 6,236.35 6,533.20 6,732.03
           
Minority Interests/Other Equity 196.22 236.65 278.89 414.96 1,467.86
Total Equity 5,705.29 6,076.38 6,515.24 6,948.15 8,199.89
Cash Flow 31-Dec-23 31-Dec-22 31-Dec-21 31-Dec-20 31-Dec-19
Net Cash Flow From Operating Activities 648.15 798.94 761.81 424.24 662.54
Net Cash Flow from Investing Activities (128.79) (906.86) (532.35) (87.80) 2,463.28
Net Cash Flow from Financing Activities (278.94) (801.27) (29.48) (213.20) (2,235.59)
Net Increase/Decrease In Cash 240.43 (909.19) 199.98 123.24 890.23
Ratios - based on IFRS 31-Dec-23 31-Dec-22 31-Dec-21 31-Dec-20 31-Dec-19
Continuing Operations          
PE Ratio - Adjusted 122.8 n/a 7,824.5 n/a 4.1
PEG - Adjusted n/a n/a n/a n/a 0.0
Earnings per Share Growth - Adjusted n/a n/a n/a n/a 704%
Dividend Cover 0.34 (1.00) 0.25 (0.77) 3.54
Revenue per Share 951.29¢ 945.42¢ 8.43¢ 802.53¢ 1,010.92¢
Pre-Tax Profit per Share 32.62¢ (189.59¢) 1.04¢ (223.34¢) 1,805.62¢
Operating Margin 22.71% (4.51%) 23.75% (12.47%) 192.37%
Return on Capital Employed 0.86% n/a 0.02% n/a 22.18%
           
Dividend Yield 2.4% 10.2% 0.1% 6.4% 7.2%
Dividend per Share Growth (68.16%) 9,806.85% (99.10%) (48.15%) 82.14%
Operating Cash Flow per Share 340.43¢ 419.63¢ 4.04¢ 222.83¢ 347.99¢
Cash Incr/Decr per Share 126.28¢ (477.54¢) 1.06¢ 64.73¢ 467.58¢
Net Asset Value per Share (exc. Intangibles) 2,996.61¢ 3,191.53¢ 3,422.03¢ 3,636.88¢ 4,290.61¢
Net Gearing 9.63% 10.95% -3.21% 82.33% 86.38%

Key

* GAAP

a. Includes discontinued activities

b. Including assets due in more than one year

c. Not disclosed under IFRS

d. Total fixed assets

e. Includes borrowings

f. Included in cash flow from operating activities under IFRS

g. Included in net cash from investing activities under IFRS

h. Pre-tax

i. Capital expenditure

j. Based on operating cash flow before tax

k. Issue of ordinary shares

Note 1: Prices and trades are provided by Digital Look Corporate Solutions and are delayed by at least 15 minutes.

Note 2: RiskGrade figures are provided by RiskMetrics.

Note 3: Forecast figures based on normalised accounts.

 

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