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Vornado Realty Trust (Vornado Realty Trust) Tax Rate % : -9.08% (As of Dec. 2023)


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What is Vornado Realty Trust Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Vornado Realty Trust's Tax Expense for the three months ended in Dec. 2023 was $8.37 Mil. Vornado Realty Trust's Pre-Tax Income for the three months ended in Dec. 2023 was $-92.24 Mil. Therefore, Vornado Realty Trust's Tax Rate % for the quarter that ended in Dec. 2023 was -9.08%.

Vornado Realty Trust Tax Rate % Historical Data

The historical data trend for Vornado Realty Trust's Tax Rate % 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.

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Vornado Realty Trust Tax Rate % Chart

Vornado Realty Trust Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Tax Rate %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.01 -8.61 -5.33 -6.00 47.05

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
Tax Rate % 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 -1.35 29.42 6.69 16.40 -9.08

Vornado Realty Trust Tax Rate % Calculation

Tax Rate % is the ratio of tax expense divided by pretax income, usually presented in percent.

Vornado Realty Trust's Tax Rate % for the fiscal year that ended in Dec. 2023 is calculated as

Tax Rate %=Tax Expense (A: Dec. 2023 )/Pre-Tax Income (A: Dec. 2023 )
=29.222/62.11
=47.05 %

Vornado Realty Trust's Tax Rate % for the quarter that ended in Dec. 2023 is calculated as

Tax Rate %=Tax Expense (Q: Dec. 2023 )/Pre-Tax Income (Q: Dec. 2023 )
=8.374/-92.239
=-9.08 %

* 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 Tax Rate % Related Terms

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Vornado Realty Trust (Vornado Realty Trust) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Vornado Realty Trust (NYSE:VNOpM.PFD) » Definitions » Tax Rate %
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Traded in Other Exchanges
VNOpO.PFD:USA VNOPN.PFD:USA VNORP.PFD:USA VNOpL.PFD:USA VNO:USA VO7:Germany V1NO34:Brazil
Address
888 Seventh Avenue, New York, NY, USA, 10019
Website
https://www.vno.com
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.