Vornado Realty Trust (VNO) Net Margin (2009 - 2026)
Vornado Realty Trust (VNO) posted Net Margin of 3.56% for Q2 2026, down 164.94 percentage points from 168.50% a year earlier but up 8.53 percentage points from the prior quarter.
Vornado Realty Trust (VNO) Net Margin (2009 - 2026) Analysis & Trends
For the trailing twelve months through Jun 30, 2026, Net Margin at Vornado Realty Trust was 0.32%, down 44.73 percentage points year-over-year; for FY2025, it was 46.56%, up 46.09 percentage points from FY2024.
- Annual Net Margin shows a five-year change of +69.38 percentage points (FY2020 to FY2025).
- In prior years, Vornado Realty Trust's Net Margin was 0.46% in FY2024 (-1.93 pp), 2.40% in FY2023 (+25.10 pp), -22.70% in FY2022 (-29.06 pp) and 6.36% in FY2021 (+29.19 pp).
- Quarterly Net Margin has run from a low of -110.37% in Q4 2022 to a high of 168.50% in Q2 2025 over five years.
- On a year-over-year basis, Net Margin has declined in each of the last three quarters, with an average year-over-year change of -0.30 percentage points over the last eight quarters.
- The strongest year-over-year quarter for Net Margin in the past five years was Q2 2025, with a gain of 160.67 percentage points; the weakest was Q2 2026, with a drop of 164.94 percentage points.
- According to Business Quant data, Net Margin for the three prior quarters was -4.98% (Q1 2026), 0.13% (Q4 2025) and 2.55% (Q3 2025).
Peer Comparison
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 3.56% |
| Mar 31, 2026 | -4.98% |
| Dec 31, 2025 | 0.13% |
| Sep 30, 2025 | 2.55% |
| Jun 30, 2025 | 168.50% |
| Mar 31, 2025 | 18.81% |
| Dec 31, 2024 | 0.26% |
| Sep 30, 2024 | -4.32% |
| Jun 30, 2024 | 7.83% |
| Mar 31, 2024 | -2.07% |
| Dec 31, 2023 | -13.81% |
| Sep 30, 2023 | 11.72% |
| Jun 30, 2023 | 9.82% |
| Mar 31, 2023 | 1.16% |
| Dec 31, 2022 | -110.37% |
| Sep 30, 2022 | 1.70% |
| Jun 30, 2022 | 11.12% |
| Mar 31, 2022 | 5.99% |
| Dec 31, 2021 | 2.68% |
| Sep 30, 2021 | 9.21% |
Vornado Realty Trust Net 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=net-margin&ticker=VNO&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "net-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=net-margin&ticker=VNO&period=max&api_key=YOUR_API_KEY");
const data = await res.json();