Vornado FY25 net income jumps to $842.9 million; adjusted FFO rises 4.1% to $465.6 million

Reuters04-08
Vornado FY25 net income jumps to $842.9 million; adjusted FFO rises 4.1% to $465.6 million
  • $Vornado Realty Trust(VNO-N)$ posted net income attributable to common shares of $842.9 million, or $4.20 per diluted share, for fiscal 2025, compared with $8.3 million a year earlier.
  • Funds from operations (FFO) as adjusted rose 4.1% to $465.6 million, or $2.32 per diluted share.
  • Net operating income increased 1.5% to $1,109.7 million on a same-store basis, 2025 NOI climbed 5.4%.
  • New York office NOI edged up to $713.7 million, while retail NOI slid to $175.7 million; occupancy ended year at 91.2% for New York office versus 79.4% for retail.
  • Management expects to maintain a single year-end dividend policy, with any normalization in payout tied to improving conditions.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Vornado Realty Trust published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0000899689-26-000016), on April 07, 2026, and is solely responsible for the information contained therein.

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