Vornado Realty Trust (VNO) Revenue & Revenue Breakdown
Vornado Realty Trust Revenue Highlights
Latest Revenue (Y)
$1.81B
Latest Revenue (Q)
$450.27M
Main Segment (Y)
Rental Revenue
Vornado Realty Trust Revenue by Period
Vornado Realty Trust Revenue by Year
| Date | Revenue | Change |
|---|---|---|
| 2023-12-31 | $1.81B | 0.62% |
| 2022-12-31 | $1.80B | 13.26% |
| 2021-12-31 | $1.59B | 4.01% |
| 2020-12-31 | $1.53B | -20.61% |
| 2019-12-31 | $1.92B | -11.05% |
| 2018-12-31 | $2.16B | 3.82% |
| 2017-12-31 | $2.08B | -16.84% |
| 2016-12-31 | $2.51B | 0.16% |
| 2015-12-31 | $2.50B | -5.07% |
| 2014-12-31 | $2.64B | -4.53% |
| 2013-12-31 | $2.76B | -0.20% |
| 2012-12-31 | $2.77B | -5.12% |
| 2011-12-31 | $2.92B | 4.89% |
| 2010-12-31 | $2.78B | 1.35% |
| 2009-12-31 | $2.74B | 1.69% |
| 2008-12-31 | $2.70B | -9.30% |
| 2007-12-31 | $2.97B | 9.65% |
| 2006-12-31 | $2.71B | 6.46% |
| 2005-12-31 | $2.55B | 49.22% |
| 2004-12-31 | $1.71B | 13.59% |
| 2003-12-31 | $1.50B | 4.74% |
| 2002-12-31 | $1.44B | 46.49% |
| 2001-12-31 | $979.67M | 21.91% |
| 2000-12-31 | $803.61M | 21.12% |
| 1999-12-31 | $663.50M | 46.02% |
| 1998-12-31 | $454.40M | 124.28% |
| 1997-12-31 | $202.60M | 72.72% |
| 1996-12-31 | $117.30M | 14.11% |
| 1995-12-31 | $102.80M | 16.95% |
| 1994-12-31 | $87.90M | 83.13% |
| 1993-12-31 | $48.00M | - |
Vornado Realty Trust generated $1.81B in revenue during NA 2023, up 0.62% compared to the previous quarter, and up 83.71% compared to the same period a year ago.
Vornado Realty Trust Revenue by Quarter
| Date | Revenue | Change |
|---|---|---|
| 2024-06-30 | $450.27M | 3.18% |
| 2024-03-31 | $436.38M | -1.25% |
| 2023-12-31 | $441.89M | -2.02% |
| 2023-09-30 | $451.00M | -4.52% |
| 2023-06-30 | $472.36M | 5.93% |
| 2023-03-31 | $445.92M | -0.23% |
| 2022-12-31 | $446.94M | -2.29% |
| 2022-09-30 | $457.43M | 0.87% |
| 2022-06-30 | $453.49M | 2.57% |
| 2022-03-31 | $442.13M | 5.00% |
| 2021-12-31 | $421.08M | 2.90% |
| 2021-09-30 | $409.21M | 7.99% |
| 2021-06-30 | $378.94M | -0.27% |
| 2021-03-31 | $379.98M | 0.94% |
| 2020-12-31 | $376.43M | 3.43% |
| 2020-09-30 | $363.96M | 6.10% |
| 2020-06-30 | $343.03M | -22.83% |
| 2020-03-31 | $444.53M | -3.57% |
| 2019-12-31 | $460.97M | -1.07% |
| 2019-09-30 | $465.96M | 0.62% |
| 2019-06-30 | $463.10M | -13.38% |
| 2019-03-31 | $534.67M | -1.61% |
| 2018-12-31 | $543.42M | 0.25% |
| 2018-09-30 | $542.05M | 0.04% |
| 2018-06-30 | $541.82M | 1.00% |
| 2018-03-31 | $536.44M | 0.04% |
| 2017-12-31 | $536.23M | 1.41% |
| 2017-09-30 | $528.75M | -15.54% |
| 2017-06-30 | $626.04M | 0.84% |
| 2017-03-31 | $620.85M | -2.73% |
| 2016-12-31 | $638.26M | 0.80% |
| 2016-09-30 | $633.20M | 1.85% |
| 2016-06-30 | $621.71M | 1.41% |
| 2016-03-31 | $613.04M | -5.92% |
| 2015-12-31 | $651.58M | 3.82% |
| 2015-09-30 | $627.60M | 1.83% |
| 2015-06-30 | $616.29M | 1.56% |
| 2015-03-31 | $606.80M | -4.93% |
| 2014-12-31 | $638.24M | -4.87% |
| 2014-09-30 | $670.91M | 0.65% |
| 2014-06-30 | $666.61M | 0.91% |
| 2014-03-31 | $660.62M | -2.06% |
| 2013-12-31 | $674.53M | -1.29% |
| 2013-09-30 | $683.38M | -0.36% |
| 2013-06-30 | $685.86M | -4.88% |
| 2013-03-31 | $721.02M | 4.80% |
| 2012-12-31 | $687.97M | -3.24% |
| 2012-09-30 | $710.98M | 1.48% |
| 2012-06-30 | $700.59M | -3.69% |
| 2012-03-31 | $727.47M | -1.93% |
| 2011-12-31 | $741.82M | 1.99% |
| 2011-09-30 | $727.34M | -0.38% |
| 2011-06-30 | $730.15M | -0.94% |
| 2011-03-31 | $737.11M | 8.36% |
| 2010-12-31 | $680.26M | -3.79% |
| 2010-09-30 | $707.03M | 1.57% |
| 2010-06-30 | $696.11M | -0.03% |
| 2010-03-31 | $696.33M | -3.15% |
| 2009-12-31 | $719.00M | 7.12% |
| 2009-09-30 | $671.22M | -1.06% |
| 2009-06-30 | $678.38M | -0.53% |
| 2009-03-31 | $682.01M | -2.05% |
| 2008-12-31 | $696.26M | 2.82% |
| 2008-09-30 | $677.14M | 0.41% |
| 2008-06-30 | $674.37M | - |
Vornado Realty Trust generated $450.27M in revenue during Q2 2024, up 3.18% compared to the previous quarter, and up 100.97% compared to the same period a year ago.
Vornado Realty Trust Revenue Breakdown
Vornado Realty Trust Revenue Breakdown by Product
Annual Revenue by Product
| Product/Service | Dec 23 | Dec 22 | Dec 21 | Dec 20 | Dec 19 |
|---|---|---|---|---|---|
| Product and Service, Other | $48.70M | - | - | - | - |
| Fee And Other Income | $203.68M | $192.31M | $164.68M | $150.32M | $157.48M |
| Parking Revenue | $20.36M | - | - | - | - |
| Rental Revenue | $1.61B | $1.61B | $1.42B | $1.38B | $1.77B |
Vornado Realty Trust's latest annual revenue breakdown by segment (product or service), as of Dec 23: Rental Revenue (85.49%), Fee And Other Income (10.83%), Product and Service, Other (2.59%), and Parking Revenue (1.08%).
Quarterly Revenue by Product
| Product/Service | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | Jun 19 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Rental Revenue | $389.28M | $391.49M | $400.37M | $418.83M | $396.79M | $396.06M | $409.14M | $405.19M | $397.28M | $376.42M | $369.20M | $339.60M | $339.32M | $338.91M | $322.25M | $315.19M | $401.27M | $418.41M | $427.64M | $421.30M |
| Product and Service, Other | $8.71M | $36.76M | $11.94M | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Parking Revenue | $4.65M | $15.46M | $4.89M | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Fee And Other Income | $47.10M | $50.39M | $50.63M | $53.52M | $49.13M | $50.88M | $48.29M | $48.30M | $44.85M | $44.66M | $40.01M | $39.34M | $40.66M | $37.52M | $41.71M | $27.83M | $43.26M | $42.56M | $38.32M | $41.80M |
Vornado Realty Trust's latest quarterly revenue breakdown by segment (product or service), as of Mar 24: Rental Revenue (86.56%), Fee And Other Income (10.47%), Product and Service, Other (1.94%), and Parking Revenue (1.03%).
Vornado Realty Trust Peer Comparison by Revenue
| Ticker | Company | Last Year Revenue | Last Quarter Revenue |
|---|---|---|---|
| BXP | Boston Properties | $3.27B | $850.48M |
| ARE | Alexandria Real Estate Equities | $2.89B | $766.73M |
| VNO | Vornado Realty Trust | $1.81B | $450.27M |
| KRC | Kilroy Realty | $1.13B | $280.73M |
| DEI | Douglas Emmett | $1.02B | $245.78M |
| HPP | Hudson Pacific Properties | $952.30M | $218.00M |
| SLG | SL Green Realty | $913.71M | $222.82M |
| HIW | Highwoods Properties | $834.00M | $204.74M |
| CUZ | Cousins Properties | $801.50M | $212.57M |
| BDN | Brandywine Realty Trust | $514.65M | $125.35M |
VNO Revenue FAQ
What is Vornado Realty Trust’s yearly revenue?
Vornado Realty Trust's yearly revenue for 2023 was $1.81B, representing an increase of 0.62% compared to 2022. The company's yearly revenue for 2022 was $1.8B, representing an increase of 13.26% compared to 2021. VNO's yearly revenue for 2021 was $1.59B, representing an increase of 4.01% compared to 2020.
What is Vornado Realty Trust’s quarterly revenue?
Vornado Realty Trust's quarterly revenue for Q2 2024 was $450.27M, a 3.18% increase from the previous quarter (Q1 2024), and a -4.68% decrease year-over-year (Q2 2023). The company's quarterly revenue for Q1 2024 was $436.38M, a -1.25% decrease from the previous quarter (Q4 2023), and a -2.14% decrease year-over-year (Q1 2023). VNO's quarterly revenue for Q4 2023 was $441.89M, a -2.02% decrease from the previous quarter (Q3 2023), and a -1.13% decrease year-over-year (Q4 2022).
What is Vornado Realty Trust’s revenue growth rate?
Vornado Realty Trust's revenue growth rate for the last 3 years (2021-2023) was 13.97%, and for the last 5 years (2019-2023) was -5.90%.
What are Vornado Realty Trust’s revenue streams?
Vornado Realty Trust's revenue streams in c 23 are Product and Service, Other, Fee And Other Income, Parking Revenue, and Rental Revenue. Product and Service, Other generated $48.7M in revenue, accounting 2.59% of the company's total revenue Fee And Other Income generated $203.68M in revenue, accounting 10.83% of the company's total revenue, up 5.91% year-over-year. Parking Revenue generated $20.36M in revenue, accounting 1.08% of the company's total revenue Rental Revenue generated $1.61B in revenue, accounting 85.49% of the company's total revenue, down -0.01% year-over-year.
What is Vornado Realty Trust’s main source of revenue?
For the fiscal year ending Dec 23, the largest source of revenue of Vornado Realty Trust was Rental Revenue. This segment made a revenue of $1.61B, representing 85.49% of the company's total revenue.