Revenue (FY 2025)
↑1.3% YoY
$1.81B
3-Yr CAGR: 0.2%
Net Income
↑1,185.7% YoY
$904.96M
Net Margin: 50.0%
Free Cash Flow
↑661.1% YoY
$548.84M
FCF Yield: 8.23%
EPS (Diluted)
↑10,400.0% YoY
$4.20
Basic: $4.40
Return on Equity
Efficiency
15.1%
ROA: 5.8%
📊 Multi-Year Historical Performance & Trends
Financial Performance History
Revenue, Net Income & Free Cash Flow
Margins Trend (%)
Gross, Operating & Net Margins
Balance Sheet Strength
Cash, Debt & Equity
Cash Flow Generation
Operating Cash Flow vs CapEx vs FCF
📈 Year-over-Year (YoY) Growth History (VNO)
All monetary values in millions ($M)
⚠️ YoY Data Quality Alert
- FY 2020: Revenue YoY (-20.6%) is identical to Gross Profit YoY (-20.6%). Verify the underlying Revenue and Gross Profit values for FY 2020 and FY 2019.
| Fiscal Year | Revenue | Revenue YoY | Gross Profit | Net Income | Net Inc YoY | Diluted EPS | EPS YoY | Div / Sh | Div Yield | Op. Cash Flow | Free Cash Flow | FCF YoY |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| FY 2016 | $2,506.2M | — | $730.1M | $906.9M | — | $3.51 | — | $2.04 | 2.42% | $1,000.7M | — | — |
| FY 2017 | $2,084.1M | -16.8% | $766.4M | $227.4M | -74.9% | $0.85 | -75.8% | $2.62 | 3.35% | $860.1M | — | — |
| FY 2018 | $2,163.7M | +3.8% | $724.8M | $450.0M | +97.9% | $2.01 | +136.5% | $2.52 | 4.06% | $802.6M | — | — |
| FY 2019 | $1,924.7M | -11.0% | $1,924.7M | $3,147.9M | +599.6% | $16.21 | +706.5% | $1.95 | 2.93% | $662.5M | — | — |
| FY 2020 | $1,528.0M | -20.6% | $1,528.0M | $-297.0M | -109.4% | $-1.83 | -111.3% | $2.38 | 6.37% | $424.2M | — | — |
| FY 2021 | $1,589.2M | +4.0% | $331.6M | $176.0M | +159.3% | $0.53 | +129.0% | $2.12 | 5.06% | $761.8M | $761.8M | — |
| FY 2022 | $1,800.0M | +13.3% | $1,800.0M | $-346.5M | -296.9% | $-2.13 | -501.9% | $2.12 | 10.19% | $798.9M | $-101.9M | -113.4% |
| FY 2023 | $1,811.2M | +0.6% | $225.0M | $105.5M | +130.4% | $0.23 | +110.8% | $0.68 | 2.39% | $648.2M | $-149.6M | -46.9% |
| FY 2024 | $1,787.7M | -1.3% | $191.4M | $70.4M | -33.3% | $0.04 | -82.6% | $0.74 | 1.76% | $537.7M | $72.1M | +148.2% |
| FY 2025 | $1,810.4M | +1.3% | $1,106.8M | $905.0M | +1,185.7% | $4.20 | +10,400.0% | $0.74 | 2.22% | $1,258.4M | $548.8M | +661.1% |
Valuation
Market Price
$35.45
Market Cap
$6.67B
Enterprise Value
$8.09B
P/E Ratio
8.44
P/B Ratio
1.11
FCF Yield
8.23%
Dividend Yield
2.09%
Shares Outstanding
Profitability & Margins
Gross Margin
61.14%
Operating Margin
52.51%
Net Margin
49.99%
Return on Equity (ROE)
15.12%
Return on Assets (ROA)
5.83%
Asset Turnover
0.12x
Revenue 3-Yr CAGR
0.19%
Financial Health & Liquidity
Current Ratio
N/A
Cash Ratio
N/A
Debt / Equity
0.378
Debt / Assets
0.146
Cash & Equivalents
$840.85M
Total Debt
$2.26B
Book Value / Share
$31.83
Cash Flow Efficiency
Operating Cash Flow
$1.26B
Capital Expenditures (CapEx)
$709.55M
Free Cash Flow
$548.84M
OCF / Revenue
69.51%
FCF / Revenue
30.32%
FCF 3-Yr CAGR
N/A
Per Share Metrics
EPS (Diluted)
$4.20
EPS (Basic)
$4.40
Dividends / Share
$0.74
Book Value / Share
$31.83
EPS YoY Growth
10,400.00%
Balance Sheet (FY 2025)
Total Assets
$15.52B
Total Liabilities
$9.53B
Stockholders' Equity
$5.99B
Current Assets
N/A
Current Liabilities
N/A