Vornado Realty Trust (VNO) FCF Margin (2009 - 2026)
Vornado Realty Trust (VNO) recorded FCF Margin of 35.41% in Q2 2026, down 187.90 percentage points from 223.31% a year earlier but up 62.44 percentage points from the prior quarter.
Vornado Realty Trust (VNO) FCF Margin (2009 - 2026) Analysis & Trends
On a TTM basis, Vornado Realty Trust's FCF Margin came in at 0.24% as of Jun 30, 2026, down 66.48 percentage points year-over-year; for FY2025, it was 53.12%, up 36.63 percentage points from FY2024.
- Annual FCF Margin has increased for three straight years, with a five-year change of +64.75 percentage points (FY2020 to FY2025).
- Across earlier years, FCF Margin came in at 16.49% in FY2024 (+11.22 pp), 5.27% in FY2023 (+1.88 pp), 3.39% in FY2022 (-7.68 pp) and 11.07% in FY2021 (+22.69 pp).
- Quarterly FCF Margin has ranged from -41.51% in Q3 2021 to 223.31% in Q2 2025 over the past five years.
- On a year-over-year basis, FCF Margin has declined for four consecutive quarters, with an average year-over-year change of -2.67 percentage points over the last eight quarters.
- Peak year-over-year performance for FCF Margin in the last five years was a gain of 194.02 percentage points in Q2 2025, against a drop of 187.90 percentage points in Q2 2026 at the low end.
- Per Business Quant, the preceding three quarters came in at -27.03% (Q1 2026), 20.90% (Q4 2025) and -28.66% (Q3 2025).
Peer Comparison
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 17.91% |
| Mar 31, 2026 | -49.31% |
| Dec 31, 2025 | 2.39% |
| Sep 30, 2025 | -62.51% |
| Jun 30, 2025 | 193.16% |
| Mar 31, 2025 | -6.74% |
| Dec 31, 2024 | 22.27% |
| Sep 30, 2024 | -1.21% |
| Jun 30, 2024 | 15.68% |
| Mar 31, 2024 | -21.80% |
| Dec 31, 2023 | 7.74% |
| Sep 30, 2023 | -30.04% |
| Jun 30, 2023 | 11.30% |
| Mar 31, 2023 | -22.81% |
| Dec 31, 2022 | 4.10% |
| Sep 30, 2022 | -13.34% |
| Jun 30, 2022 | 2.31% |
| Mar 31, 2022 | -15.75% |
| Dec 31, 2021 | 25.25% |
| Sep 30, 2021 | -47.92% |
Vornado Realty Trust FCF 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=fcf-margin&ticker=VNO&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "fcf-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=fcf-margin&ticker=VNO&period=max&api_key=YOUR_API_KEY");
const data = await res.json();