Growth Metrics

Vornado Realty Trust (VNO-PL) Operating Expenses (2016 - 2025)

Historic Operating Expenses for Vornado Realty Trust (VNO-PL) over the last 17 years, with Q4 2025 value amounting to $387.9 million.

  • Vornado Realty Trust's Operating Expenses fell 19.99% to $387.9 million in Q4 2025 from the same period last year, while for Dec 2025 it was $1.6 billion, marking a year-over-year increase of 65.17%. This contributed to the annual value of $1.6 billion for FY2025, which is 65.17% up from last year.
  • Latest data reveals that Vornado Realty Trust reported Operating Expenses of $387.9 million as of Q4 2025, which was down 19.99% from $406.7 million recorded in Q3 2025.
  • Vornado Realty Trust's Operating Expenses' 5-year high stood at $430.0 million during Q4 2023, with a 5-year trough of $314.8 million in Q2 2021.
  • Its 5-year average for Operating Expenses is $378.0 million, with a median of $380.0 million in 2023.
  • Data for Vornado Realty Trust's Operating Expenses shows a peak YoY increase of 3149.98% (in 2021) and a maximum YoY decrease of 3922.01% (in 2021) over the last 5 years.
  • Quarter analysis of 5 years shows Vornado Realty Trust's Operating Expenses stood at $368.9 million in 2021, then rose by 10.08% to $406.1 million in 2022, then grew by 5.89% to $430.0 million in 2023, then decreased by 9.62% to $388.6 million in 2024, then decreased by 0.2% to $387.9 million in 2025.
  • Its last three reported values are $387.9 million in Q4 2025, $406.7 million for Q3 2025, and $378.7 million during Q2 2025.