Vornado Realty Trust
Vornado Realty Trust is a fully integrated real estate investment trust with a 26 million square-foot portfolio of premier New York City office, retail and multifamily assets and the developer of the new PENN DISTRICT. While concentrated in New York, Vornado also owns premier assets in both Chicago and San Francisco. Vornado is a real estate industry leader in sustainability, with 100% of our in-… Read more
Vornado Realty Trust (VNORP) - Total Assets
Latest total assets as of December 2025: $15.52 Billion USD
Based on the latest financial reports, Vornado Realty Trust (VNORP) holds total assets worth $15.52 Billion USD as of December 2025.
Total assets represent everything the company owns and controls, combining both current assets—like cash and cash equivalents, accounts receivable, and inventories—and non-current assets such as property, plant, equipment (PP&E), intangible assets, and long-term investments.
Vornado Realty Trust - Total Assets Trend (1990–2025)
This chart illustrates how Vornado Realty Trust’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Vornado Realty Trust - Asset Composition Analysis
Current Asset Composition (December 2025)
Vornado Realty Trust's total assets of $15.52 Billion consist of 12.7% current assets and 87.3% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 5.4% |
| Accounts Receivable | $995.71 Million | 6.4% |
| Inventory | $0.00 | 0.0% |
| Property, Plant & Equipment | $0.00 | 0.0% |
| Intangible Assets | $110.59 Million | 0.7% |
| Goodwill | $0.00 | 0.0% |
Asset Composition Trend (1990–2025)
This chart illustrates how Vornado Realty Trust's asset composition has evolved over time. Understanding changes in asset allocation can provide insights into the company's strategic shifts, capital allocation priorities, and business focus evolution.
Key Asset Composition Facts
- Current vs. Non-Current Assets: Vornado Realty Trust's current assets represent 12.7% of total assets in 2025, an increase from 1.4% in 1990.
- Cash Position: Cash and equivalents constituted 5.4% of total assets in 2025, up from 1.4% in 1990.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 1990.
- Asset Diversification: The largest asset category is accounts receivable at 6.4% of total assets.
Vornado Realty Trust Competitors by Total Assets
Key competitors of Vornado Realty Trust based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Acanthe Développement
PA:ACAN
|
France | €133.12 Million |
|
Igis Value Plus Reit Co Ltd
KO:334890
|
Korea | ₩573.89 Billion |
|
KB Star REIT Co. Ltd.
KO:432320
|
Korea | ₩1.08 Trillion |
|
Tower Real Estate Investment Trust
KLSE:5111
|
Malaysia | RM846.72 Million |
|
Sentral REIT
KLSE:5123
|
Malaysia | RM2.68 Billion |
|
IGB Commercial Real Estate Investment Trust Unit
KLSE:5299
|
Malaysia | RM3.35 Billion |
|
Allied Properties Real Estate Investment Trust
PINK:APYRF
|
USA | $9.26 Billion |
|
Australian Unity Office Fund
AU:AOF
|
Australia | AU$70.61 Million |
Vornado Realty Trust - Asset Efficiency Metrics
Asset efficiency metrics measure how effectively a company uses its assets to generate revenue and profits. These indicators help investors evaluate management's ability to deploy capital efficiently.
Asset Turnover Ratio
Measures how efficiently a company uses its assets to generate sales
Lower asset utilization - Vornado Realty Trust generates 0.12x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Solid ROA - For every $100 in assets, Vornado Realty Trust generates $5.83 in net profit.
Vornado Realty Trust - Liquidity and Working Capital Analysis
Liquidity ratios measure a company's ability to pay off its short-term debts as they come due, using the company's current or quick assets. Working capital represents the operational liquidity available.
Key Liquidity Metrics
| Metric | Current | 1 Year Ago | 5 Years Ago |
|---|---|---|---|
| Current Ratio | 1.80 | 1.81 | 2.61 |
| Quick Ratio | 1.80 | 1.81 | 2.61 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $876.64 Million | $ 766.48 Million | $ 1.62 Billion |
Vornado Realty Trust - Advanced Valuation Insights
This section examines the relationship between Vornado Realty Trust's asset base and its market valuation, helping to identify whether the company's assets are efficiently translated into market value.
Key Valuation Metrics
| Current Price-to-Book Ratio | - |
| Latest Market Cap to Assets Ratio | 0.40 |
| Asset Growth Rate (YoY) | -3.0% |
| Total Assets | $15.52 Billion |
| Market Capitalization | $6.25 Billion USD |
Valuation Analysis
Below Book Valuation: The market values Vornado Realty Trust's assets below their book value (0.40 x), which may indicate investor concerns about asset quality or future growth.
Slight Asset Contraction: Vornado Realty Trust's assets decreased by 3.0% over the past year, which may reflect streamlining or optimization of resources.
Annual Total Assets for Vornado Realty Trust (1990–2025)
The table below shows the annual total assets of Vornado Realty Trust from 1990 to 2025.
| Year | Total Assets | Change |
|---|---|---|
| 2025-12-31 | $15.52 Billion | -2.98% |
| 2024-12-31 | $16.00 Billion | -1.17% |
| 2023-12-31 | $16.19 Billion | -1.85% |
| 2022-12-31 | $16.49 Billion | -4.48% |
| 2021-12-31 | $17.27 Billion | +6.44% |
| 2020-12-31 | $16.22 Billion | -11.29% |
| 2019-12-31 | $18.29 Billion | +6.44% |
| 2018-12-31 | $17.18 Billion | -1.25% |
| 2017-12-31 | $17.40 Billion | -16.42% |
| 2016-12-31 | $20.81 Billion | -1.55% |
| 2015-12-31 | $21.14 Billion | -0.49% |
| 2014-12-31 | $21.25 Billion | +5.73% |
| 2013-12-31 | $20.10 Billion | -8.51% |
| 2012-12-31 | $21.97 Billion | +7.43% |
| 2011-12-31 | $20.45 Billion | -0.35% |
| 2010-12-31 | $20.52 Billion | +1.64% |
| 2009-12-31 | $20.19 Billion | -5.76% |
| 2008-12-31 | $21.42 Billion | -4.72% |
| 2007-12-31 | $22.48 Billion | +25.20% |
| 2006-12-31 | $17.95 Billion | +31.66% |
| 2005-12-31 | $13.64 Billion | +17.76% |
| 2004-12-31 | $11.58 Billion | +21.66% |
| 2003-12-31 | $9.52 Billion | +5.55% |
| 2002-12-31 | $9.02 Billion | +33.06% |
| 2001-12-31 | $6.78 Billion | +6.39% |
| 2000-12-31 | $6.37 Billion | +16.26% |
| 1999-12-31 | $5.48 Billion | +23.80% |
| 1998-12-31 | $4.43 Billion | +75.34% |
| 1997-12-31 | $2.52 Billion | +346.59% |
| 1996-12-31 | $565.20 Million | +14.99% |
| 1995-12-31 | $491.50 Million | +24.90% |
| 1994-12-31 | $393.50 Million | +2.00% |
| 1993-12-31 | $385.80 Million | -8.27% |
| 1992-12-31 | $420.60 Million | +6.91% |
| 1991-12-31 | $393.40 Million | +1.42% |
| 1990-12-31 | $387.90 Million | -- |