Vornado Realty Trust (VNO) — Capital Reinvestment Ratio
Latest as of September 2025:
17.31x
Vornado Realty Trust (VNO) has a Capital Reinvestment Ratio of 17.31x as of September 2025, meaning it reinvests 17% of its operating cash flow ($33.17 Million) in capital expenditures ($574.12 Million). See Vornado Realty Trust free cash flow ratio to measure how efficiently the company converts operating cash flow to free cash.
Capital Reinvestment Ratio
17.31x
Capex / Operating Cash Flow
Operating Cash Flow
$33.17 Million
USD
Capital Expenditures
$574.12 Million
USD
Data as of
Sep 2025
Most recent filing
Vornado Realty Trust Capital Reinvestment Ratio (1990–2024)
This chart tracks Vornado Realty Trust's Capital Reinvestment Ratio across 35 annual periods.
Annual Capital Reinvestment Ratio for Vornado Realty Trust (1990–2024)
Year-by-year Capital Reinvestment Ratio for Vornado Realty Trust from 1990 to 2024. For live market cap and broader valuation context, see Vornado Realty Trust (VNO) total market value.
| Year | Reinvestment Ratio | Operating CF (USD) | Capital Expenditures | YoY Change |
|---|---|---|---|---|
| 2024 | 0.87x | $537.72 Million | $465.61 Million | ▲ +1593.3% |
| 2023 | 0.05x | $648.15 Million | $33.15 Million | ▼ -95.5% |
| 2022 | 1.13x | $798.94 Million | $900.79 Million | ▲ +16.3% |
| 2021 | 0.97x | $761.81 Million | $738.40 Million | ▲ +4.1% |
| 2020 | 0.93x | $424.24 Million | $395.05 Million | ▲ +40.6% |
| 2019 | 0.66x | $662.54 Million | $438.94 Million | ▲ +612.7% |
| 2018 | 0.09x | $802.64 Million | $74.61 Million | ▼ -77.5% |
| 2017 | 0.41x | $860.14 Million | $355.85 Million | ▼ -44.8% |
| 2016 | 0.75x | $1.00 Billion | $750.07 Million | ▲ +5.9% |
| 2015 | 0.71x | $672.15 Million | $475.82 Million | ▲ +24.4% |
| 2014 | 0.57x | $1.14 Billion | $645.97 Million | ▲ +50.0% |
| 2013 | 0.38x | $1.04 Billion | $394.83 Million | ▼ -29.8% |
| 2012 | 0.54x | $825.05 Million | $446.02 Million | ▲ +8.6% |
| 2011 | 0.50x | $702.50 Million | $349.60 Million | ▼ -19.2% |
| 2010 | 0.62x | $771.09 Million | $474.98 Million | ▼ -42.8% |
| 2009 | 1.08x | $633.58 Million | $681.87 Million | ▲ +5.7% |
| 2008 | 1.02x | $817.81 Million | $832.89 Million | ▼ -76.6% |
| 2007 | 4.36x | $697.33 Million | $3.04 Billion | ▲ +108.9% |
| 2006 | 2.09x | $824.67 Million | $1.72 Billion | ▲ +66.1% |
| 2005 | 1.26x | $762.68 Million | $957.81 Million | ▲ +607.8% |
| 2004 | 0.18x | $664.69 Million | $117.94 Million | ▼ -22.2% |
| 2003 | 0.23x | $528.95 Million | $120.59 Million | ▲ +18.7% |
| 2002 | 0.19x | $499.82 Million | $96.02 Million | ▲ +11.0% |
| 2001 | 0.17x | $387.69 Million | $67.09 Million | ▼ -88.4% |
| 2000 | 1.49x | $249.92 Million | $371.64 Million | ▼ -33.5% |
| 1999 | 2.24x | $176.90 Million | $395.80 Million | ▼ -56.1% |
| 1998 | 5.09x | $189.40 Million | $964.90 Million | ▼ -38.1% |
| 1997 | 8.22x | $110.80 Million | $911.20 Million | ▲ +3828.5% |
| 1996 | 0.21x | $70.70 Million | $14.80 Million | ▼ -20.7% |
| 1995 | 0.26x | $62.90 Million | $16.60 Million | ▼ -51.3% |
| 1994 | 0.54x | $46.90 Million | $25.40 Million | ▼ -45.0% |
| 1993 | 0.99x | $27.40 Million | $27.00 Million | ▲ +39.9% |
| 1992 | 0.70x | $15.90 Million | $11.20 Million | ▲ +231.2% |
| 1991 | 0.21x | $36.20 Million | $7.70 Million | ▼ -99.0% |
| 1990 | 21.33x | $1.80 Million | $38.40 Million | — |
Capital Reinvestment Ratio = ABS(Capital Expenditures) / Operating Cash Flow