Vornado Realty Trust Tangible Net Worth Ratio
Vornado Realty Trust tangible net worth ratio. Vornado Realty Trust (VNO) has a Tangible Net Worth Ratio of 98.4% as of September 2025. This metric is calculated by deducting intangible assets ($112.46 Million) from net assets ($7.02 Billion) and expressing it as a percentage of total net assets. A higher ratio means that more of the company's equity is backed by tangible, balance-sheet-verifiable assets rather than goodwill, patents, or brand value. Check Vornado Realty Trust (VNO) strategic asset index to assess the company's strategic physical and investment asset allocation.
Tangible NW Ratio
Net Assets (Equity)
Intangible Assets
Total Assets
Tangible Net Worth Ratio of Vornado Realty Trust (1990–2024)
Tangible net worth ratio of Vornado Realty Trust from 1990 to 2024. This chart shows how Vornado Realty Trust's Tangible Net Worth Ratio has changed across 34 annual periods from 1990 to 2024. As of September 2025, the ratio stands at 98.4%, reflecting net assets of $7.02 Billion with intangible assets of $112.46 Million USD. See Vornado Realty Trust (VNO) liquidity to equity ratio to evaluate short-term liquidity relative to the company's equity base.
Vornado Realty Trust Tangible Net Worth Ratio by Year (1990–2024)
Vornado Realty Trust tangible net worth ratio by year from 1990 to 2024. The table below presents the year-by-year Tangible Net Worth Ratio for Vornado Realty Trust from 1990 to 2024, covering 34 annual filings. Each row shows net assets, intangible assets, total assets, the tangible net worth ratio, and the change in percentage points versus the prior year. For live market cap and overall valuation, see VNO company net worth.
| Year | Tangible NW Ratio | Net Assets (USD) | Intangible Assets | Total Assets | Change (pp) |
|---|---|---|---|---|---|
| 2024 | 98.1% | $6.17 Billion | $118.22 Million | $16.00 Billion | ▲ +0.1 pp |
| 2023 | 98.0% | $6.34 Billion | $127.08 Million | $16.19 Billion | ▲ +0.1 pp |
| 2022 | 97.9% | $6.51 Billion | $139.64 Million | $16.49 Billion | ▲ +0.0 pp |
| 2021 | 97.8% | $7.20 Billion | $154.90 Million | $17.27 Billion | ▼ -1.8 pp |
| 2020 | 99.7% | $7.55 Billion | $23.86 Million | $16.22 Billion | ▲ +0.1 pp |
| 2019 | 99.6% | $8.20 Billion | $30.96 Million | $18.29 Billion | ▲ +1.9 pp |
| 2018 | 97.7% | $5.89 Billion | $136.78 Million | $17.18 Billion | ▲ +0.3 pp |
| 2017 | 97.3% | $5.99 Billion | $159.26 Million | $17.40 Billion | ▼ -0.5 pp |
| 2016 | 97.8% | $8.90 Billion | $192.73 Million | $20.81 Billion | ▲ +0.5 pp |
| 2015 | 97.4% | $8.71 Billion | $227.90 Million | $21.14 Billion | ▲ +0.5 pp |
| 2014 | 96.9% | $8.83 Billion | $276.24 Million | $21.25 Billion | ▲ +0.6 pp |
| 2013 | 96.2% | $8.60 Billion | $323.32 Million | $20.10 Billion | ▲ +0.4 pp |
| 2012 | 95.8% | $8.85 Billion | $370.60 Million | $21.97 Billion | ▼ -0.5 pp |
| 2011 | 96.3% | $8.67 Billion | $319.70 Million | $20.45 Billion | ▲ +0.6 pp |
| 2010 | 95.7% | $8.16 Billion | $348.75 Million | $20.52 Billion | ▲ +1.3 pp |
| 2009 | 94.4% | $7.90 Billion | $442.51 Million | $20.19 Billion | ▲ +1.6 pp |
| 2008 | 92.8% | $7.26 Billion | $522.72 Million | $21.42 Billion | ▲ +0.8 pp |
| 2007 | 92.0% | $7.61 Billion | $608.51 Million | $22.48 Billion | ▼ -3.7 pp |
| 2006 | 95.7% | $7.28 Billion | $311.53 Million | $17.95 Billion | ▼ -1.1 pp |
| 2005 | 96.8% | $6.52 Billion | $208.14 Million | $13.64 Billion | ▼ -0.1 pp |
| 2004 | 96.9% | $5.96 Billion | $186.74 Million | $11.58 Billion | ▼ -0.9 pp |
| 2003 | 97.8% | $5.00 Billion | $109.63 Million | $9.52 Billion | ▼ -2.2 pp |
| 2002 | 100.0% | $4.66 Billion | $0.00 | $9.02 Billion | ▲ +0.0 pp |
| 2001 | 100.0% | $4.05 Billion | $0.00 | $6.78 Billion | ▲ +0.0 pp |
| 2000 | 100.0% | $3.53 Billion | $0.00 | $6.37 Billion | ▲ +0.0 pp |
| 1999 | 100.0% | $3.28 Billion | $0.00 | $5.48 Billion | ▲ +0.0 pp |
| 1998 | 100.0% | $2.22 Billion | $0.00 | $4.43 Billion | ▲ +0.0 pp |
| 1997 | 100.0% | $1.49 Billion | $0.00 | $2.52 Billion | ▲ +0.0 pp |
| 1996 | 100.0% | $276.30 Million | $0.00 | $565.20 Million | ▲ +0.0 pp |
| 1995 | 100.0% | $194.30 Million | $0.00 | $491.50 Million | ▲ +0.0 pp |
| 1994 | 100.0% | $125.10 Million | $0.00 | $393.50 Million | ▲ +0.0 pp |
| 1993 | 100.0% | $150.80 Million | $0.00 | $385.80 Million | ▲ +0.0 pp |
| 1991 | 100.0% | $47.80 Million | $0.00 | $393.40 Million | ▲ +0.0 pp |
| 1990 | 100.0% | $30.40 Million | $0.00 | $387.90 Million | — |