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Vornado Realty Trust (Vornado Realty Trust) Enterprise Value : $14,198 Mil (As of Apr. 26, 2024)


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What is Vornado Realty Trust Enterprise Value?

Think of Enterprise Value as the theoretical takeover price. It is more comprehensive than market capitalization (Market Cap), which only includes common equity. Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash, cash equivalents, and marketable securities.

EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, Vornado Realty Trust's Enterprise Value is $14,198 Mil. Vornado Realty Trust's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 was $388 Mil. Therefore, Vornado Realty Trust's EV-to-EBIT ratio for today is 36.59.

EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA. As of today, Vornado Realty Trust's Enterprise Value is $14,198 Mil. Vornado Realty Trust's EBITDA for the trailing twelve months (TTM) ended in Dec. 2023 was $846 Mil. Therefore, Vornado Realty Trust's EV-to-EBITDA ratio for today is 16.79.

EV-to-Revenue is calculated as Enterprise Value divided by its Revenue. As of today, Vornado Realty Trust's Enterprise Value is $14,198 Mil. Vornado Realty Trust's Revenue for the trailing twelve months (TTM) ended in Dec. 2023 was $1,811 Mil. Therefore, Vornado Realty Trust's EV-to-Revenue ratio for today is 7.84.


Vornado Realty Trust Enterprise Value Historical Data

The historical data trend for Vornado Realty Trust's Enterprise Value can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Vornado Realty Trust Enterprise Value Chart

Vornado Realty Trust Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Enterprise Value
Get a 7-Day Free Trial Premium Member Only Premium Member Only 21,449.50 15,524.28 17,401.53 13,611.96 15,382.98

Vornado Realty Trust Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Enterprise Value Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 13,611.96 12,654.13 13,266.75 14,236.85 15,382.98

Competitive Comparison of Vornado Realty Trust's Enterprise Value

For the REIT - Office subindustry, Vornado Realty Trust's Enterprise Value, along with its competitors' market caps and Enterprise Value data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Vornado Realty Trust's Enterprise Value Distribution in the REITs Industry

For the REITs industry and Real Estate sector, Vornado Realty Trust's Enterprise Value distribution charts can be found below:

* The bar in red indicates where Vornado Realty Trust's Enterprise Value falls into.



Vornado Realty Trust Enterprise Value Calculation

Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash, cash equivalents, and marketable securities.

Vornado Realty Trust's Enterprise Value for the fiscal year that ended in Dec. 2023 is calculated as

Vornado Realty Trust's Enterprise Value for the quarter that ended in Dec. 2023 is calculated as

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Vornado Realty Trust  (NYSE:VNO) Enterprise Value Explanation

When an investor buy a company, the investor needs to pay not only the common shares, he/she also needs to pay the shareholders of Preferred Stocks. He also assumes the debt of the company, and receives the cash on the company's balance sheet.

If a company has more cash than debt, the investor actually pays less than the Market Cap because he immediately owns the cash once the transaction goes through.

The market value of Preferred Stock needs to be added to the market value of common stocks in the calculation of Enterprise Value.

For the companies with the same Market Cap, the smaller the Enterprise Value is, the cheaper the company is.

Enterprise Value can be negative when the company's net cash is more than its Market Cap. In this case the investor is basically getting the company for free and get paid for that.

1. EV-to-EBIT is calculated as Enterprise Value divided by its EBIT.

Vornado Realty Trust's EV-to-EBIT for today is

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=14198.494/388.032
=36.59

Vornado Realty Trust's current Enterprise Value is $14,198 Mil.
Vornado Realty Trust's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $388 Mil.

2. EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA.

Vornado Realty Trust's EV-to-EBITDA for today is:

EV-to-EBITDA=Enterprise Value (Today)/EBITDA(TTM)
=14198.494/845.606
=16.79

Vornado Realty Trust's current Enterprise Value is $14,198 Mil.
Vornado Realty Trust's EBITDA for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $846 Mil.

3. EV-to-Revenue is calculated as Enterprise Value divided by its Revenue.

Vornado Realty Trust's EV-to-Revenue for today is:

EV-to-Revenue=Enterprise Value (Today)/Revenue (TTM)
=14198.494/1811.163
=7.84

Vornado Realty Trust's current Enterprise Value is $14,198 Mil.
Vornado Realty Trust's Revenue for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $1,811 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Vornado Realty Trust Enterprise Value Related Terms

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Vornado Realty Trust (Vornado Realty Trust) Business Description

Address
888 Seventh Avenue, New York, NY, USA, 10019
Vornado owns and has an ownership interest in Class A office and retail properties highly concentrated in Manhattan, with additional properties in San Francisco and Chicago. It operates as a real estate investment trust.
Executives
Michael D Fascitelli director, officer: President MDF CAPITAL, 888 7TH AVENUE, 27TH FLOOR, NEW YORK NY 10019
Wight Russell B Jr director
Raymond J Mcguire director 5 GIRALDA FARMS, MADISON NJ 07940
Deirdre K. Maddock officer: SVP - Chief Accounting Officer 210 ROUTE 4 EAST, 210 W RTE 4 EAST, PARAMUS NJ 07652
Beatrice Hamza Bassey director 2188 LEDGE ROCK LANE, HENDERSON NV 89052
William W Helman director GREYLOCK, 880 WINTER ST SUITE 300, WALTHAM MA 02451
Barry Langer officer: EVP - Dev. Co-Head of R.E. C/O VORNADO REALTY TRUST, 888 7TH AVENUE, NEW YORK NY 10019
Glen J. Weiss officer: EVP- Off Leasing Co- Head R.E. C/O VORNADO REALTY TRUST, 888 7TH AVENUE, NEW YORK NY 10019
Haim Chera officer: EVP- Head of Retail C/O VORNADO REALTY TRUST, 888 7TH AVENUE, NEW YORK NY 10019
Joseph Macnow officer: Exec. VP--Finance, CFO
Matthew Iocco officer: EVP - Principal Accounting Off 888 7TH AVENUE, NEW YORK NY 10019
Mitchell N Schear officer: President - Smith Division
Mandakini Puri director C/O VALIDUS HOLDINGS, 48 PAR-LA-VILLE ROAD, SUITE 1790, HAMILTON HM11 D0 HM11
Daniel R Tisch director 460 PARK AVENUE, NEW YORK NY 10022
Wendy Silverstein officer: Exec VP-Capital Markets