Vornado Realty Trust annual net debt
2014
2015
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2021
2022
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2024
2025
Vornado Realty Trust Net Debt Growth & History (VNO)
Vornado Realty Trust's net debt was $2.12B for fiscal 2025.
View full Vornado Realty Trust company overviewVornado Realty Trust annual net debt history
| Fiscal year | Period ended | Net debt | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-31 | $2.12B | −$458.9M | −17.77% |
| 2024 | 2024-12-31 | $2.58B | $283.4M | +12.32% |
| 2023 | 2023-12-31 | $2.30B | −$107.0M | −4.45% |
| 2022 | 2022-12-31 | $2.41B | $1.23B | +105.21% |
| 2021 | 2021-12-31 | $1.17B | $577.6M | +97.08% |
| 2020 | 2020-12-31 | $595.0M | $865.9M | — |
| 2019 | 2019-12-31 | −$270.9M | −$444.8M | — |
| 2018 | 2018-12-31 | $173.9M | $1.24B | — |
| 2017 | 2017-12-31 | −$1.07B | $59.9M | — |
| 2016 | 2016-12-31 | −$1.13B | $523.8M | — |
| 2015 | 2015-12-31 | −$1.65B | −$454.1M | — |
| 2014 | 2014-12-31 | −$1.20B | — | — |
Vornado Realty Trust quarterly net debt
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Q1.15
Q2.15
Q3.15
Q4.15
Q1.16
Q2.16
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Q4.16
Q1.17
Q2.17
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Q4.17
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Q3.18
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Q3.25
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Q1.26
Q2.26
| Fiscal quarter | Period ended | Net debt | Change | YoY change |
|---|---|---|---|---|
| Q2 2026 | 2026-06-30 | $2.62B | $997.2M | +61.42% |
| Q1 2026 | 2026-03-31 | $2.42B | $132.9M | +5.82% |
| Q4 2025 | 2025-12-31 | $2.12B | −$458.9M | −17.77% |
| Q3 2025 | 2025-09-30 | $1.96B | −$565.6M | −22.37% |
| Q2 2025 | 2025-06-30 | $1.62B | −$810.7M | −33.30% |
| Q1 2025 | 2025-03-31 | $2.28B | −$126.3M | −5.24% |
| Q4 2024 | 2024-12-31 | $2.58B | $283.4M | +12.32% |
| Q3 2024 | 2024-09-30 | $2.53B | $237.8M | +10.38% |
| Q2 2024 | 2024-06-30 | $2.43B | $261.6M | +12.04% |
| Q1 2024 | 2024-03-31 | $2.41B | −$1.1M | −0.04% |
| Q4 2023 | 2023-12-31 | $2.30B | −$107.0M | −4.45% |
| Q3 2023 | 2023-09-30 | $2.29B | −$154.7M | −6.33% |
| Q2 2023 | 2023-06-30 | $2.17B | −$125.0M | −5.44% |
| Q1 2023 | 2023-03-31 | $2.41B | $97.3M | +4.20% |
| Q4 2022 | 2022-12-31 | $2.41B | $1.23B | +105.21% |
| Q3 2022 | 2022-09-30 | $2.45B | $1.64B | +203.34% |
| Q2 2022 | 2022-06-30 | $2.30B | $1.51B | +190.65% |
| Q1 2022 | 2022-03-31 | $2.31B | $1.73B | +296.19% |
| Q4 2021 | 2021-12-31 | $1.17B | $577.6M | +97.08% |
| Q3 2021 | 2021-09-30 | $806.2M | −$26.4M | −3.17% |
| Q2 2021 | 2021-06-30 | $790.5M | −$184.6M | −18.93% |
| Q1 2021 | 2021-03-31 | $583.8M | −$644.0M | −52.45% |
| Q4 2020 | 2020-12-31 | $595.0M | $865.9M | — |
| Q3 2020 | 2020-09-30 | $832.6M | $728.5M | +700.00% |
| Q2 2020 | 2020-06-30 | $975.1M | $669.4M | +218.94% |
| Q1 2020 | 2020-03-31 | $1.23B | $305.6M | +33.14% |
| Q4 2019 | 2019-12-31 | −$270.9M | −$444.8M | — |
| Q3 2019 | 2019-09-30 | $104.1M | $126.7M | — |
| Q2 2019 | 2019-06-30 | $305.7M | $647.0M | — |
| Q1 2019 | 2019-03-31 | $922.2M | $1.50B | — |
| Q4 2018 | 2018-12-31 | $173.9M | $1.24B | — |
| Q3 2018 | 2018-09-30 | −$22.6M | $886.2M | — |
| Q2 2018 | 2018-06-30 | −$341.3M | $757.0M | — |
| Q1 2018 | 2018-03-31 | −$578.3M | $533.9M | — |
| Q4 2017 | 2017-12-31 | −$1.07B | $59.9M | — |
| Q3 2017 | 2017-09-30 | −$908.9M | $72.0M | — |
| Q2 2017 | 2017-06-30 | −$1.10B | $174.3M | — |
| Q1 2017 | 2017-03-31 | −$1.11B | $190.3M | — |
| Q4 2016 | 2016-12-31 | −$1.13B | $523.8M | — |
| Q3 2016 | 2016-09-30 | −$980.9M | −$192.7M | — |
| Q2 2016 | 2016-06-30 | −$1.27B | −$756.3M | — |
| Q1 2016 | 2016-03-31 | −$1.30B | −$234.9M | — |
| Q4 2015 | 2015-12-31 | −$1.65B | −$454.1M | — |
| Q3 2015 | 2015-09-30 | −$788.1M | — | — |
| Q2 2015 | 2015-06-30 | −$516.3M | — | — |
| Q1 2015 | 2015-03-31 | −$1.07B | — | — |
| Q4 2014 | 2014-12-31 | −$1.20B | — | — |
Vornado Realty Trust net debt trends
Over the last five fiscal years, Vornado Realty Trust's net debt increased from $595.0M to $2.12B, a change of $1.53B. The latest reported quarter, Q2 2026, shows $2.62B.
About the metric
What net debt means
Net debt compares a company’s interest-bearing debt with its cash and cash equivalents. Positive net debt means debt exceeds cash, while a negative value indicates the company has more cash than debt on this measure.
Calculation and source
How net debt is calculated
TickerStat calculates net debt as total interest-bearing debt minus cash and cash equivalents at the same reporting-period end. Short-term investments are not subtracted because they are not included in the standardized cash series. Fiscal periods can differ from calendar years, so exact period-end dates are included.
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