Vornado Realty Trust (VNO) — Cash Flow Quality Index

Latest as of September 2025: 1.72x

Vornado Realty Trust (VNO) has a Cash Flow Quality Index of 1.72x as of September 2025. Operating cash flow of $33.17 Million exceeds net income of $19.24 Million, indicating high earnings quality where cash backs reported profits. Explore VNO long-term investment intensity to see how much of total assets are deployed in long-term investments.

Cash Flow Quality Index

1.72x
Operating CF / Net Income

Operating Cash Flow

$33.17 Million
USD

Net Income

$19.24 Million
USD

Data as of

Sep 2025
Most recent filing

Vornado Realty Trust Cash Flow Quality Index (1990–2024)

Historical Cash Flow Quality Index for Vornado Realty Trust across 33 annual periods. Values consistently above 1.0x indicate high-quality earnings. Check tangible equity quality of Vornado Realty Trust to evaluate the tangible quality of the company's equity base.

Annual Cash Flow Quality Index for Vornado Realty Trust (1990–2024)

Year-by-year earnings quality comparison for Vornado Realty Trust. For live market cap and the full company financial profile, see VNO stock market capitalisation.

Year Quality Index Operating CF (USD) Net Income YoY Change
2024 26.73x $537.72 Million $20.12 Million ▲ +35.6%
2023 19.71x $648.15 Million $32.89 Million ▲ +436.9%
2021 3.67x $761.81 Million $207.55 Million ▲ +1747.2%
2019 0.20x $662.54 Million $3.33 Billion ▼ -89.5%
2018 1.90x $802.64 Million $422.60 Million ▼ -41.7%
2017 3.26x $860.14 Million $264.13 Million ▲ +219.6%
2016 1.02x $1.00 Billion $981.92 Million ▲ +30.3%
2015 0.78x $672.15 Million $859.43 Million ▼ -30.5%
2014 1.13x $1.14 Billion $1.01 Billion ▼ -38.9%
2013 1.84x $1.04 Billion $564.74 Million ▲ +55.1%
2012 1.19x $825.05 Million $694.54 Million ▲ +25.1%
2011 0.95x $702.50 Million $740.00 Million ▼ -12.8%
2010 1.09x $771.09 Million $708.03 Million ▼ -77.9%
2009 4.93x $633.58 Million $128.45 Million ▲ +138.3%
2008 2.07x $817.81 Million $395.04 Million ▲ +68.9%
2007 1.23x $697.33 Million $568.91 Million ▼ -16.7%
2006 1.47x $824.67 Million $560.14 Million ▲ +4.2%
2005 1.41x $762.68 Million $539.60 Million ▲ +26.1%
2004 1.12x $664.69 Million $592.92 Million ▼ -2.4%
2003 1.15x $528.95 Million $460.70 Million ▼ -46.5%
2002 2.15x $499.82 Million $232.90 Million ▲ +46.0%
2001 1.47x $387.69 Million $263.74 Million ▲ +38.3%
2000 1.06x $249.92 Million $235.12 Million ▲ +21.7%
1999 0.87x $176.90 Million $202.50 Million ▼ -29.5%
1998 1.24x $189.40 Million $152.90 Million ▼ -31.8%
1997 1.82x $110.80 Million $61.00 Million ▲ +57.7%
1996 1.15x $70.70 Million $61.40 Million ▼ -3.0%
1995 1.19x $62.90 Million $53.00 Million ▲ +4.3%
1994 1.14x $46.90 Million $41.20 Million ▲ +32.1%
1993 0.86x $27.40 Million $31.80 Million ▼ -93.5%
1992 13.25x $15.90 Million $1.20 Million ▲ +284.3%
1991 3.45x $36.20 Million $10.50 Million ▲ +1221.6%
1990 0.26x $1.80 Million $6.90 Million
Cash Flow Quality Index = Operating Cash Flow / Net Income. Ratios above 1.0x indicate cash-backed earnings.