Vornado Realty Trust (VNO) — Financial Flexibility Index
Vornado Realty Trust (VNO) has a Financial Flexibility Index of 0.07x as of September 2025. Free cash flow of $607.28 Million (operating CF $33.17 Million minus capex $574.12 Million) represents 0% of total liabilities ($8.73 Billion). Check total reinvestment intensity of Vornado Realty Trust to assess the company's total reinvestment commitment from operating cash flow.
Financial Flexibility Index
Free Cash Flow
Total Liabilities
Capital Expenditures
Vornado Realty Trust Financial Flexibility Index (1990–2024)
Historical Financial Flexibility Index trend for Vornado Realty Trust across 35 annual periods. For the full cash flow conversion analysis, see Vornado Realty Trust operating cash flow efficiency.
Annual Financial Flexibility Index for Vornado Realty Trust (1990–2024)
Year-by-year free cash flow to debt coverage for Vornado Realty Trust. Explore Vornado Realty Trust debt service capacity to assess how comfortably operating cash covers total debt obligations.
| Year | Flexibility Index | Free Cash Flow (USD) | Operating CF | Total Liabilities | YoY Change |
|---|---|---|---|---|---|
| 2024 | 0.10x | $1.00 Billion | $537.72 Million | $9.83 Billion | ▲ +47.5% |
| 2023 | 0.07x | $681.30 Million | $648.15 Million | $9.84 Billion | ▼ -59.4% |
| 2022 | 0.17x | $1.70 Billion | $798.94 Million | $9.98 Billion | ▲ +14.2% |
| 2021 | 0.15x | $1.50 Billion | $761.81 Million | $10.06 Billion | ▲ +57.7% |
| 2020 | 0.09x | $819.29 Million | $424.24 Million | $8.67 Billion | ▼ -13.4% |
| 2019 | 0.11x | $1.10 Billion | $662.54 Million | $10.09 Billion | ▲ +40.5% |
| 2018 | 0.08x | $877.25 Million | $802.64 Million | $11.29 Billion | ▼ -27.1% |
| 2017 | 0.11x | $1.22 Billion | $860.14 Million | $11.41 Billion | ▼ -27.4% |
| 2016 | 0.15x | $1.75 Billion | $1.00 Billion | $11.92 Billion | ▲ +59.2% |
| 2015 | 0.09x | $1.15 Billion | $672.15 Million | $12.44 Billion | ▼ -35.6% |
| 2014 | 0.14x | $1.78 Billion | $1.14 Billion | $12.42 Billion | ▲ +14.9% |
| 2013 | 0.12x | $1.44 Billion | $1.04 Billion | $11.50 Billion | ▲ +28.8% |
| 2012 | 0.10x | $1.27 Billion | $825.05 Million | $13.12 Billion | ▲ +8.5% |
| 2011 | 0.09x | $1.05 Billion | $702.50 Million | $11.78 Billion | ▼ -11.4% |
| 2010 | 0.10x | $1.25 Billion | $771.09 Million | $12.36 Billion | ▼ -5.8% |
| 2009 | 0.11x | $1.32 Billion | $633.58 Million | $12.28 Billion | ▼ -8.1% |
| 2008 | 0.12x | $1.65 Billion | $817.81 Million | $14.16 Billion | ▼ -53.6% |
| 2007 | 0.25x | $3.74 Billion | $697.33 Million | $14.87 Billion | ▲ +5.4% |
| 2006 | 0.24x | $2.55 Billion | $824.67 Million | $10.68 Billion | ▼ -1.4% |
| 2005 | 0.24x | $1.72 Billion | $762.68 Million | $7.12 Billion | ▲ +73.6% |
| 2004 | 0.14x | $782.63 Million | $664.69 Million | $5.62 Billion | ▼ -3.1% |
| 2003 | 0.14x | $649.54 Million | $528.95 Million | $4.52 Billion | ▲ +5.0% |
| 2002 | 0.14x | $595.84 Million | $499.82 Million | $4.35 Billion | ▼ -17.9% |
| 2001 | 0.17x | $454.77 Million | $387.69 Million | $2.73 Billion | ▼ -23.9% |
| 2000 | 0.22x | $621.56 Million | $249.92 Million | $2.84 Billion | ▼ -15.7% |
| 1999 | 0.26x | $572.70 Million | $176.90 Million | $2.20 Billion | ▼ -50.2% |
| 1998 | 0.52x | $1.15 Billion | $189.40 Million | $2.21 Billion | ▼ -47.3% |
| 1997 | 0.99x | $1.02 Billion | $110.80 Million | $1.03 Billion | ▲ +234.7% |
| 1996 | 0.30x | $85.50 Million | $70.70 Million | $288.90 Million | ▲ +10.6% |
| 1995 | 0.27x | $79.50 Million | $62.90 Million | $297.20 Million | ▼ -0.7% |
| 1994 | 0.27x | $72.30 Million | $46.90 Million | $268.40 Million | ▲ +16.4% |
| 1993 | 0.23x | $54.40 Million | $27.40 Million | $235.00 Million | ▲ +262.0% |
| 1992 | 0.06x | $27.10 Million | $15.90 Million | $423.80 Million | ▼ -49.7% |
| 1991 | 0.13x | $43.90 Million | $36.20 Million | $345.60 Million | ▲ +13.0% |
| 1990 | 0.11x | $40.20 Million | $1.80 Million | $357.50 Million | — |