Vornado Realty Trust (“Vornado”) is a fully-integrated real estate investment trust (“REIT”) and conducts its business through, and substantially all of its interests in properties are held by, Vornado Realty L.P. (the “Operating Partnership”), a Delaware limited partnership. Vornado is the sole general partner of and owned approximately 91.4% of the common limited partnership interest in the Operating Partnership as of March 31, 2025. All references to the “Company,” “we,” “us” and “our” mean, collectively, Vornado, the Operating Partnership and those subsidiaries consolidated by Vornado.
Metrics to compare | VNO_po | Sector Sector - Average of metrics from a broad group of related Real Estate sector companies | Relationship RelationshipVNO_poPeersSector | |
---|---|---|---|---|
P/E Ratio | 73.1x | 33.6x | 9.1x | |
PEG Ratio | 0.29 | 12.44 | 0.01 | |
Price/Book | 2.0x | 2.0x | 0.9x | |
Price / LTM Sales | 4.3x | 8.6x | 3.9x | |
Upside (Analyst Target) | - | 10.1% | 12.0% | |
Fair Value Upside | Unlock | −5.4% | 0.4% | Unlock |