Vornado Realty Trust Cash Flow Quality Index
Vornado Realty Trust cash flow quality index. 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 debt repayment capacity of Vornado Realty Trust to assess how comfortably operating cash covers total debt obligations.
Cash Flow Quality Index
Operating Cash Flow
Net Income
Data as of
Cash Flow Quality Index of Vornado Realty Trust (1990–2024)
Cash flow quality index of Vornado Realty Trust from 1990 to 2024. Historical Cash Flow Quality Index for Vornado Realty Trust across 33 annual periods. Values consistently above 1.0x indicate high-quality earnings. See Vornado Realty Trust balance sheet independence to measure how much of total assets are equity-financed.
Vornado Realty Trust Cash Flow Quality Index by Year (1990–2024)
Vornado Realty Trust cash flow quality index by year from 1990 to 2024. Year-by-year earnings quality comparison for Vornado Realty Trust. For the full cash flow conversion analysis, see Vornado Realty Trust (VNO) cash flow conversion.
| 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 | — |