BPYPP vs VNO Stock Comparison

Brookfield Property Partners and Vornado Realty Trust Prices as of Oct 23, 2026 Peers: Industry group
VNO Vornado Realty Trust
$34.80 +1.9% 1M -11.5% 1Y
Market cap
$6.52B
P/E
1,127x
Revenue (TTM)
$1.83B
Div. yield
–
Office REITs Real Estate
4 wins

Head to Head

9 decided of 12

Brookfield Property Partners leads on 5 of the 12 questions below (Brookfield Property Partners 5, Vornado Realty Trust 4). Which ones matter depends on what you are buying for; a cheap multiple and slow growth often come together.

QuestionBPYPPVNOLeader
Larger companyMarket capitalisation $14.43B $6.52B BPYPP
Cheaper on earningsLower P/E, profitable companies only -56.6x 1,127x –
Cheaper on forward earningsLower price / next fiscal year consensus EPS 11.2x — –
Faster revenue growthRevenue growth, trailing twelve months -9.5% +1.4% VNO
More profitableNet margin, trailing twelve months -3.6% 0.3% VNO
Better return on capitalReturn on invested capital 0.0% 2.3% VNO
Less leveragedLower net debt / EBITDA 6.9x 7.1x BPYPP
Higher dividend yieldTrailing dividend yield 0.00% 0.00% –
Better 1-year returnPrice return, last 12 months -1.1% -11.5% BPYPP
Better 5-year returnAnnualised price return, 5 years -10.1%/yr -5.0%/yr VNO
Less volatileAnnualised volatility, 1 year 21.2% 32.7% BPYPP
Higher overall scoreMean of the five percentile scores vs peers 52/100 29/100 BPYPP

Percentile Scorecard

BPYPPVNO

Each axis is the mean percentile of its metrics against the company's industry group. 100 is the best in the group, 50 the middle.

Scores by Axis

AxisBPYPPVNO
Valuation 92 #13 of 145 24 #111 of 145
Growth 66 #50 of 144 12 #127 of 144
Profitability 20 #112 of 140 39 #86 of 140
Financial Health 50 #73 of 146 33 #98 of 146
Shareholder Returns 31 #91 of 132 37 #84 of 132
Overall 52 29
  • BPYPP ranked among 149 companies in Property REITs
  • VNO ranked among 149 companies in Property REITs

Price Performance

Price return, split-adjusted, before dividends. Click a name to hide or show it.

Returns

PeriodBPYPPVNOSPY
1 month -2.5%+1.9% -1.0%
3 months -7.1%-12.4% +2.9%
6 months -7.3%+18.8% +6.4%
Year to date +3.2%+4.6% +11.4%
1 year -1.1%-11.5% +13.1%
3 years +24.0%+71.7% +79.4%
3 years, per year +7.4%+19.8% +21.5%
5 years -41.1%-22.5% +67.7%
5 years, per year -10.1%-5.0% +10.9%
10 years —-54.7% +255.2%
10 years, per year —-7.6% +13.5%

Risk

MeasureBPYPPVNOSPY
Volatility, 1Y 21.2%32.7% 12.7%
Downside volatility, 1Y 20.1%33.6% 12.7%
Beta vs S&P 500, 1Y 0.400.99 1.00
Return / volatility, 1Y -0.05-0.35 1.03
Max drawdown, 5Y -56.4%-73.6% -25.4%
From 52-week high -9.8%-14.9% -2.5%
52-week high $16.70$40.91 $779.14
52-week low $14.38$24.71 $631.97

Valuation History

Weekly multiples on trailing twelve-month fundamentals. Negative or extreme readings (a loss year, a collapsed denominator) are left out so the chart stays readable.

MultipleBPYPPVNO
P/E now vs peer median -56.6xmedian 27.0x 1,127xmedian 27.0x
P/S now vs peer median 2.0xmedian 4.1x 3.6xmedian 4.1x
EV/EBITDA now vs peer median 10.6xmedian 14.5x 13.9xmedian 14.5x
P/FCF now vs peer median —median 23.7x -15.6xmedian 23.7x
P/B now vs peer median 0.3xmedian 1.3x 1.1xmedian 1.3x
PEG now vs peer median -1.37median 2.07 42.90median 2.07

Financial History

Reported figures by fiscal period, placed on the calendar year (or quarter) each period ended in, so companies with different fiscal years line up.

Trailing twelve monthsBPYPPVNO
Revenue $7.17B $1.83B
Net income -$113.00M $49.20M
Free cash flow – -$416.33M
EPS (diluted) $-0.27 $0.03
Cash & equivalents $1.49B $675.35M
Total debt $28.73B $29.53B
Shares (diluted) 960.29M 194.20M
Enterprise value $7.10B $2.91B

All Metrics

58 metrics · best in bold

Bold marks the best reading: the lowest positive value for multiples, leverage and payout, the highest for everything else. The bar under each value is its percentile against that company's own peers. Hover a value for its rank and the peer median.

Valuation

12 metrics
MetricBPYPPVNO
P/E -56.6x 1,127x
P/FCF – -15.6x
P/Operating cash flow – 16.6x
P/S 2.0x 3.6x
P/B 0.3x 1.1x
P/Tangible book 0.3x 1.1x
EV/EBITDA 10.6x 13.9x
EV/EBIT 11.5x 33.0x
EV/Revenue 5.8x 7.3x
EV/FCF – -31.9x
EV/Operating cash flow – 33.9x
PEG (3Y EPS CAGR) -1.37 42.90

Growth

14 metrics
MetricBPYPPVNO
Revenue growth (1Y) -9.5% 1.4%
Revenue CAGR (3Y) -4.1% 0.1%
Gross profit growth (1Y) – –
Gross profit CAGR (3Y) – –
Operating income growth (1Y) – –
Operating income CAGR (3Y) – –
Net income growth (1Y) 83.2% -94.6%
Net income CAGR (3Y) 62.1% 28.4%
EPS growth (1Y) 63.1% -99.3%
EPS CAGR (3Y) 41.4% 26.3%
Operating cash flow growth (1Y) – -71.9%
Operating cash flow CAGR (3Y) – -19.3%
Free cash flow growth (1Y) – -145.3%
Free cash flow CAGR (3Y) – -66.0%

Profitability

14 metrics
MetricBPYPPVNO
Gross margin – –
EBITDA margin 55.0% 52.0%
Operating margin – –
Pretax margin 2.7% 2.9%
Net margin -3.6% 0.3%
FCF margin – -22.8%
Operating cash flow margin – 21.4%
Return on equity -0.3% 0.7%
Return on assets -0.1% 0.3%
Return on invested capital 0.0% 2.3%
Return on capital employed 4.1% –
Asset turnover 0.1x 0.1x
Cash conversion (OCF / net income) – 7.9x
Stock comp / revenue – 1.4%

Financial Health

11 metrics
MetricBPYPPVNO
Debt / assets 28.1% 47.7%
Debt / equity 0.7x 1.2x
Net debt / EBITDA 6.9x 7.1x
Debt / FCF – -17.9x
Liabilities / assets 58.3% 61.8%
Equity / assets 41.7% 38.2%
Interest coverage 1.1x 1.2x
Current ratio 0.3x –
Quick ratio 0.3x –
Cash ratio 0.1x –
Altman Z-score – –

Shareholder Returns

7 metrics
MetricBPYPPVNO
Dividend yield 10.9% 2.1%
Net buyback yield -10.2% 2.1%
Shareholder yield 0.7% 4.2%
Payout ratio (earnings) – –
Payout ratio (FCF) – –
Dividend growth (1Y) – –
Dividend CAGR (3Y) – –

Analyst Estimates

Solid lines are reported fiscal-year results; dashed lines are the consensus for the years ahead. Hover a year for the analysts' high and low, and how each result compared with its estimate.

ConsensusBPYPPVNO
Forward P/E 11.2xFY2023 –
EPS, next fiscal year $1.34FY2023 $-0.40FY2026
EPS growth, next FY – -109.5%FY2026
Revenue, next fiscal year $7.07BFY2023 $1.78BFY2026
Revenue growth, next FY – -1.9%FY2026
Revenue growth, the year after – +24.9%

Institutional Ownership

13F filings, quarter ended Jun 30, 2026
HoldersBPYPPVNO
Held by institutions – 99.2%
Institutions holding – 433
Change in shares held, QoQ – +14.6%
Institutions buying – 233
Institutions selling – 126
Buyers to sellers – 1.85

Return Correlation

Daily returns, last 12 months

1.00 means two stocks move in lockstep, 0 that they move independently. Pairs below about 0.5 diversify each other.

BPYPPVNO
BPYPP 1.00 0.15
VNO 0.15 1.00

Add a Peer

Largest companies in the same industry

Related Comparisons

Frequently Asked Questions

Which is bigger, BPYPP and VNO?

Brookfield Property Partners (BPYPP) is the largest by market capitalisation: Brookfield Property Partners (BPYPP) $14.43B, Vornado Realty Trust (VNO) $6.52B.

Which company is growing faster?

Vornado Realty Trust (VNO) grew revenue fastest over the trailing twelve months: Brookfield Property Partners (BPYPP) -9.5%, Vornado Realty Trust (VNO) +1.4%.

Which company is more profitable?

Vornado Realty Trust (VNO) has the highest net margin (Brookfield Property Partners (BPYPP) -3.6%, Vornado Realty Trust (VNO) 0.3%). On return on invested capital, Vornado Realty Trust (VNO) leads (Brookfield Property Partners (BPYPP) 0.0%, Vornado Realty Trust (VNO) 2.3%).

Which stock has performed better?

Over the past year Brookfield Property Partners (BPYPP) returned the most: Brookfield Property Partners (BPYPP) -1.1%, Vornado Realty Trust (VNO) -11.5%. Over five years, Vornado Realty Trust (VNO) compounded fastest (Brookfield Property Partners (BPYPP) -10.1%/yr, Vornado Realty Trust (VNO) -5.0%/yr). Returns are price only, before dividends.

Which stock is riskier?

By one-year price volatility, Brookfield Property Partners (BPYPP) has been the steadiest (Brookfield Property Partners (BPYPP) 21.2%, Vornado Realty Trust (VNO) 32.7%). Volatility measures how widely the price swings, not the risk of the business.

Do BPYPP and VNO move together?

Their daily returns over the past year have a correlation of 0.15, a weak relationship. Holding both diversifies more than two closely linked stocks would.

Which is the better stock, BPYPP and VNO?

There is no single answer; it depends on what you are buying for. On the 12 head-to-head measures on this page, Brookfield Property Partners (BPYPP) leads on 5. Business Quant does not give investment advice; use the comparison as a starting point for your own research.

Data from SEC filings, exchange prices and consensus estimates, via Business Quant. Percentile scores compare each company with its own peer group, so two companies' scores are each relative to different peers unless you rank against the whole market. Price returns exclude dividends. Nothing on this page is investment advice.