Vornado Realty Trust Financial Flexibility Index
Vornado Realty Trust 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). See how much free cash does Vornado Realty Trust generate to measure how efficiently the company converts operating cash flow to free cash.
Financial Flexibility Index
Free Cash Flow
Total Liabilities
Capital Expenditures
Financial Flexibility Index of Vornado Realty Trust (1990–2024)
Financial flexibility index of Vornado Realty Trust from 1990 to 2024. Historical Financial Flexibility Index trend for Vornado Realty Trust across 35 annual periods. Check Vornado Realty Trust (VNO) cash flow quality to evaluate the quality of earnings relative to operating cash generation.
Vornado Realty Trust Financial Flexibility Index by Year (1990–2024)
Vornado Realty Trust financial flexibility index by year from 1990 to 2024. Year-by-year free cash flow to debt coverage for Vornado Realty Trust. For the full cash flow conversion analysis, see cash efficiency ratio of Vornado Realty Trust.
| 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 | — |