Vornado Realty Trust VNO
NYSE VNO
$32.71 -0.40 (-1.21%)
As of: Oct 21, 2026 · 3:15 PM EDT

Vornado Realty Trust (VNO) Operating Margin (2009 - 2018)

Updated

Vornado Realty Trust's Operating Margin came in at 24.78% for Q4 2018, down 5.01 percentage points from 29.79% a year earlier and down 4.17 percentage points from the prior quarter.

Analysis

Vornado Realty Trust (VNO) Operating Margin (2009 - 2018) Analysis & Trends

For FY2018, Vornado Realty Trust's Operating Margin was 26.94%, down 2.26 percentage points from FY2017.

  • Operating Margin carries a five-year change of -2.40 percentage points (FY2013 to FY2018).
  • Going back by year, Operating Margin was 29.20% in FY2017 (+0.27 pp), 28.94% in FY2016 (-2.26 pp), 31.20% in FY2015 (+1.36 pp) and 29.83% in FY2014 (+0.49 pp).
  • The Q4 2018 figure represents the lowest quarterly Operating Margin since Q1 2016.
  • Year-over-year, Operating Margin has declined for four consecutive quarters, with an average year-over-year change of +1.37 percentage points over the last eight quarters.
  • The fastest year-over-year change in Operating Margin over five years came in Q4 2014 (a gain of 32.25 percentage points), and the weakest in Q1 2016 (a drop of 27.70 percentage points).
  • Business Quant data shows VNO's Operating Margin at 28.96% (Q3 2018), 28.88% (Q2 2018) and 24.94% (Q1 2018) in the three quarters before Q4 2018.
Peer Set

Peer Comparison

Historic Data

Historic Data

Download Data
DateValue
Dec 31, 2018 24.78%
Sep 30, 2018 28.96%
Jun 30, 2018 28.88%
Mar 31, 2018 24.94%
Dec 31, 2017 29.79%
Sep 30, 2017 30.68%
Jun 30, 2017 30.09%
Mar 31, 2017 25.94%
Dec 31, 2016 29.63%
Sep 30, 2016 29.53%
Jun 30, 2016 37.51%
Mar 31, 2016 -0.06%
Dec 31, 2015 10.26%
Sep 30, 2015 30.50%
Jun 30, 2015 31.38%
Mar 31, 2015 27.64%
Dec 31, 2014 29.02%
Sep 30, 2014 31.47%
Jun 30, 2014 32.95%
Mar 31, 2014 25.83%
API Access

Vornado Realty Trust Operating 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=operating-margin&ticker=VNO&period=max&api_key=YOUR_API_KEY