Vornado Realty Trust (VNO) EBITDA Margin (2009 - 2026)
Vornado Realty Trust (VNO) reported EBITDA Margin of 66.79% for Q2 2026, down 165.53 percentage points from 232.32% a year earlier but up 23.85 percentage points from the prior quarter.
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Vornado Realty Trust (VNO) EBITDA Margin (2009 - 2026) Analysis & Trends
Over the twelve months ended Jun 30, 2026, Vornado Realty Trust's EBITDA Margin came in at 51.53%, down 47.56 percentage points year-over-year; for FY2025, it came in at 98.65%, up 48.17 percentage points from FY2024.
- EBITDA Margin has increased for three consecutive years, with a five-year change of +84.13 percentage points (FY2020 to FY2025).
- By year, EBITDA Margin came in at 50.49% in FY2024 (+2.51 pp), 47.98% in FY2023 (+23.25 pp), 24.73% in FY2022 (-29.43 pp) and 54.16% in FY2021 (+39.63 pp).
- Five-year quarterly EBITDA Margin spans a low of -64.93% in Q4 2022 and a high of 232.32% in Q2 2025.
- Year over year, EBITDA Margin has now declined in each of the last three quarters, with an average year-over-year change of +1.88 percentage points over the last eight quarters.
- The high point for year-over-year EBITDA Margin in five years was Q2 2025 (a gain of 174.67 percentage points); the low point was Q2 2026 (a drop of 165.53 percentage points).
- Per Business Quant data, the three quarters before Q2 2026 came in at 42.95% (Q1 2026), 47.70% (Q4 2025) and 48.48% (Q3 2025).
Peer Set
Peer Comparison
Historic Data
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Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 66.80% |
| Mar 31, 2026 | 42.96% |
| Dec 31, 2025 | 48.38% |
| Sep 30, 2025 | 49.85% |
| Jun 30, 2025 | 233.78% |
| Mar 31, 2025 | 71.89% |
| Dec 31, 2024 | 52.28% |
| Sep 30, 2024 | 49.12% |
| Jun 30, 2024 | 60.14% |
| Mar 31, 2024 | 49.61% |
| Dec 31, 2023 | 26.65% |
| Sep 30, 2023 | 61.59% |
| Jun 30, 2023 | 57.00% |
| Mar 31, 2023 | 48.24% |
| Dec 31, 2022 | -64.84% |
| Sep 30, 2022 | 52.63% |
| Jun 30, 2022 | 57.19% |
| Mar 31, 2022 | 53.19% |
| Dec 31, 2021 | 60.10% |
| Sep 30, 2021 | 49.57% |
API Access
Vornado Realty Trust EBITDA Margin API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=ebitda-margin&ticker=VNO&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "ebitda-margin", "ticker": "VNO", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=ebitda-margin&ticker=VNO&period=max&api_key=YOUR_API_KEY");
const data = await res.json();