What does Vornado Realty Trust do?

Jun 22 2025 06:00 PM IST
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Vornado Realty Trust is a mid-cap real estate investment trust (REIT) that primarily owns and operates office and retail properties in the New York City area. As of March 2025, it reported net sales of $462 million and a net profit of $100 million.
Overview:
Vornado Realty Trust is a real estate investment trust (REIT) that owns and operates office and retail properties, primarily in the New York City metropolitan area, and falls within the mid-cap market category. Financial Snapshot: Most recent Net Sales: 462 Million (Quarterly Results - Mar 2025) Most recent Net Profit: 100 Million (Quarterly Results - Mar 2025) Market-cap: USD 8,447.95 Million (Mid Cap) Key Metrics: P/E: 51.00 Dividend Yield: 166.91% Debt Equity: -999,999.00 Return on Equity: 3.13% Price to Book: 1.59 Contact Details: Address: 888 7th Ave, NEW YORK NY: 10106-0001 Tel: ['1 212 8947000', '1 201 5871000'] Fax: 1 201 5870600 Website: http://www.vno.com
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