Vornado Realty Trust (VNO)

Solvency & Capital Structure

Total Debt

$8.41B

Net Debt

$7.33B

Vornado Realty Trust currently has $8.41B in total debt. Net debt is $7.33B after cash offsets.

Financial Fundamentals

VNO • Quarterly Data • 5Y View

Date	Total Debt ($B)	Cash & Inv. ($B)	Net Debt ($B)	Total Assets	Debt/Assets
2026-03-31	8.41	1.08	7.33	15.92	52.8%
2025-12-31	7.89	0.84	7.04	15.52	50.8%
2025-09-30	7.89	1.01	6.88	15.75	50.1%
2025-06-30	7.81	1.20	6.60	15.61	50.0%
2025-03-31	8.53	0.57	7.96	15.60	54.7%
2024-12-31	8.99	0.73	8.26	16.00	56.2%
2024-09-30	8.99	0.78	8.20	16.08	55.9%
2024-06-30	8.98	0.87	8.11	16.21	55.4%
2024-03-31	8.99	0.89	8.10	16.21	55.5%
2023-12-31	8.98	1.00	7.99	16.19	55.5%
2023-09-30	9.01	1.00	8.01	16.45	54.7%
2023-06-30	9.02	1.13	7.89	16.44	54.9%
2023-03-31	9.02	1.17	7.85	16.27	55.4%
2022-12-31	9.13	1.36	7.76	16.49	55.3%
2022-09-30	9.12	0.85	8.28	17.18	53.1%
2022-06-30	9.12	0.99	8.13	17.15	53.2%
2022-03-31	9.34	0.97	8.36	17.49	53.4%
2021-12-31	8.99	1.76	7.23	17.27	52.0%
2021-09-30	9.00	2.13	6.88	17.49	51.5%
2021-06-30	8.51	2.17	6.34	16.66	51.1%
2021-03-31	7.79	1.64	6.16	16.15	48.3%
2020-12-31	7.80	1.62	6.18	16.22	48.1%
2020-09-30	7.88	1.41	6.47	17.56	44.9%
2020-06-30	8.38	1.77	6.61	18.04	46.5%
2020-03-31	8.46	1.59	6.87	18.21	46.4%
2019-12-31	7.90	1.52	6.39	18.29	43.2%
2019-09-30	7.98	1.13	6.85	18.22	43.8%
2019-06-30	8.01	0.92	7.09	17.91	44.7%
2019-03-31	9.12	0.31	8.82	17.64	51.7%
2018-12-31	9.84	0.57	9.27	17.18	57.3%
2018-09-30	9.79	0.77	9.02	16.68	58.7%
2018-06-30	9.78	1.09	8.69	16.87	58.0%
2018-03-31	9.77	1.33	8.45	16.86	58.0%
2017-12-31	9.73	1.82	7.91	17.40	55.9%
2017-09-30	9.35	1.28	8.07	16.84	55.5%
2017-06-30	10.84	1.47	9.37	20.89	51.9%
2017-03-31	10.62	1.48	9.13	20.73	51.2%
2016-12-31	10.61	1.50	9.11	20.81	51.0%
2016-09-30	11.20	1.35	9.85	20.86	53.7%
2016-06-30	11.08	1.64	9.43	21.07	52.6%
2016-03-31	11.06	1.67	9.39	20.87	53.0%
2015-12-31	11.09	1.84	9.26	21.14	52.5%
2015-09-30	10.01	0.79	9.22	19.97	50.1%
2015-06-30	9.81	0.52	9.29	19.59	50.1%
2015-03-31	9.56	1.07	8.50	19.26	49.7%
2014-12-31	10.90	1.20	9.70	21.25	51.3%
2014-09-30	11.15	1.68	9.47	21.00	53.1%
2014-06-30	10.87	1.37	9.50	20.74	52.4%
2014-03-31	10.34	1.16	9.19	20.37	50.8%
2013-12-31	9.98	0.58	9.40	20.10	49.7%
2013-09-30	10.00	0.87	9.13	20.28	49.3%
2013-06-30	10.02	0.78	9.24	20.33	49.3%
2013-03-31	10.42	0.59	9.84	21.13	49.3%
2012-12-31	11.30	0.96	10.34	21.97	51.4%
2012-09-30	9.81	0.47	9.34	20.40	48.1%
2012-06-30	10.22	0.47	9.75	20.00	51.1%
2012-03-31	10.30	0.61	9.69	20.27	50.8%
2011-12-31	10.56	0.61	9.96	20.45	51.7%
2011-09-30	10.41	0.59	9.82	20.19	51.5%
2011-06-30	10.54	0.59	9.95	20.54	51.3%
2011-03-31	10.63	0.62	10.01	20.49	51.9%
2010-12-31	10.89	0.69	10.20	20.52	53.1%
2010-09-30	11.11	0.85	10.26	20.63	53.8%
2010-06-30	10.67	0.65	10.02	19.89	53.6%
2010-03-31	11.09	0.80	10.29	20.42	54.3%
2009-12-31	10.94	0.58	10.36	20.19	54.2%
2009-09-30	12.73	2.56	10.17	22.35	56.9%
2009-06-30	12.39	2.07	10.32	21.83	56.7%
2009-03-31	12.73	1.63	11.11	21.65	58.8%
2008-12-31	12.65	1.53	11.12	21.42	59.1%
2008-09-30	12.19	1.53	10.66	21.44	56.8%
2008-06-30	12.22	1.71	10.51	21.50	56.8%
2008-03-31	12.17	1.54	10.63	21.49	56.6%
2007-12-31	12.95	1.15	11.80	22.48	57.6%
2007-09-30	12.58	0.83	11.74	22.25	56.5%
2007-06-30	12.57	0.74	11.83	22.14	56.8%
2007-03-31	11.63	2.88	8.75	20.25	57.4%
2006-12-31	9.55	2.23	7.32	17.95	53.2%
2006-09-30	7.38	0.39	7.00	14.87	49.6%
2006-06-30	7.15	0.49	6.66	14.56	49.1%
2006-03-31	6.93	0.58	6.35	14.33	48.3%
2005-12-31	6.25	0.29	5.96	13.64	45.9%
2005-09-30	5.72	0.39	5.32	13.15	43.5%
2005-06-30	5.64	0.84	4.79	12.44	45.3%
2005-03-31	5.52	0.97	4.54	12.06	45.7%
2004-12-31	4.94	0.60	4.34	11.58	42.6%
2004-09-30	4.23	0.21	4.02	9.75	43.4%
2004-06-30	4.10	0.23	3.88	9.45	43.4%
2004-03-31	4.08	0.29	3.79	9.43	43.3%
2003-12-31	4.06	0.32	3.74	9.52	42.7%
2003-09-30	3.99	0.12	3.86	9.08	43.9%
2003-06-30	4.00	0.17	3.83	8.97	44.6%
2003-03-31	4.06	0.18	3.88	9.04	44.9%
2002-12-31	4.07	0.21	3.86	9.02	45.1%
2002-09-30	4.07	0.31	3.76	9.07	44.9%
2002-06-30	4.43	0.68	3.75	9.37	47.3%
2002-03-31	3.97	0.17	3.80	8.93	44.5%
2001-12-31	2.48	0.27	2.21	6.78	36.6%
2001-09-30	2.69	0.19	2.50	6.53	41.1%
2001-06-30	2.73	0.12	2.61	6.50	42.0%
2001-03-31	2.74	0.11	2.63	6.48	42.4%
2000-12-31	2.66	0.14	2.52	6.37	41.7%
2000-09-30	2.50	0.16	2.34	6.18	40.5%
2000-06-30	2.04	0.10	1.94	5.68	35.9%
2000-03-31	2.11	0.10	2.01	5.63	37.5%
1999-12-31	2.05	0.11	1.94	5.48	37.4%
1999-09-30	2.07	0.14	1.93	5.31	39.1%
1999-06-30	1.96	0.06	1.90	4.87	40.4%
1999-03-31	2.11	0.08	2.03	4.85	43.5%
1998-12-31	2.05	0.17	1.88	4.43	46.3%
1998-09-30	1.92	0.14	1.78	4.13	46.5%
1998-06-30	1.81	0.26	1.55	3.98	45.4%
1998-03-31	1.39	0.24	1.15	2.97	46.7%
1997-12-31	0.96	0.36	0.60	2.52	37.9%
1997-09-30	0.77	0.06	0.71	1.55	49.8%
1997-06-30	0.86	0.20	0.66	1.65	52.4%
1997-03-31	0.23	0.09	0.14	0.56	41.4%
1996-12-31	0.24	0.09	0.15	0.57	42.8%
1996-09-30	0.24	0.02	0.22	0.47	51.2%
1996-06-30	0.24	0.02	0.23	0.47	51.4%