Vornado Realty TrustVNO +2.70%77 FCF Yield % is 17.05 as of Jun. 26, 2026, which is 149% above its 10-year median of 6.85. GuruFocus rates VNO with a GF Score™ of 77/100 and a GF Value™ of $32.08 (Modestly Overvalued). The stock has 4 warning signs investors should review. Among 942 REITs companies, Vornado Realty Trust ranks better than 92.36% on this metric.
FCF Yield % is calculated as Free Cash Flow divided by Market Capitalization. It is a financial solvency ratio that compares the free cash flow a company is expected to earn against its market value.
Similar to Earnings Yield %, FCF Yield % is financial solvency ratio. A lower ratio suggests a less attractive investment, indicating that investors might not receive substantial returns in proportion to their investment. Conversely, a high free cash flow yield signals that a company generates sufficient cash to comfortably meet its debts, obligations, and dividend payments, making it a promising investment choice.
Vornado Realty Trust FCF Yield % Related Terms
Vornado Realty Trust FCF Yield % Historical Data
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The historical data trend for Vornado Realty Trust's FCF Yield % 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.
For the REIT - Office subindustry, Vornado Realty Trust's FCF Yield %, along with its competitors' market caps and FCF Yield % 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 FCF Yield % vs REITs Industry
For the REITs industry and Real Estate sector, Vornado Realty Trust's FCF Yield % distribution charts can be found below:
* The bar in red indicates where Vornado Realty Trust's FCF Yield % falls into.
* 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 (VNO) has a FCF Yield % of 17.05 as of Jun. 26, 2026. FCF Yield is calculated as Free Cash Flow divided by Market Capitalization. View historical data on Vornado Realty Trust and its competitors. This is 149% above median its historical median of 6.85. Over the past decade, Vornado Realty Trust's FCF Yield % has ranged from 0.31 to 30.67. According to the industry distribution chart, Vornado Realty Trust ranks #72 out of 942 companies in the REITs industry, placing it in the top 7.6%.
Is Vornado Realty Trust's FCF Yield % too high?
Vornado Realty Trust's current FCF Yield % of 17.05 is 149% above median its 10-year median of 6.85. Over the past 10 years, this metric has ranged from a low of 0.31 to a high of 30.67. The REITs industry median FCF Yield % is 5.90. Vornado Realty Trust's value of 17.05 is 189% above this industry median. Based on the distribution chart, Vornado Realty Trust ranks #72 out of 942 companies in the REITs industry, which is in the top quartile — a strong position relative to peers. Overall, Vornado Realty Trust has a GF Score™ of 77/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Vornado Realty Trust's FCF Yield % compare to CUZ and ARE?
According to the REITs industry distribution chart, Vornado Realty Trust ranks #72 out of 942 companies for FCF Yield %. This places Vornado Realty Trust in the top 8% of its industry — outperforming the majority of peers. The industry median FCF Yield % is 5.90. Vornado Realty Trust's value of 17.05 is 189% above this benchmark. Historically, Vornado Realty Trust's own FCF Yield % has ranged from 0.31 to 30.67 over the past decade. While the company's 10-year median is 6.85 vs. the industry median of 5.90, Vornado Realty Trust has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good FCF Yield % for a REITs company?
The median FCF Yield % among REITs companies is 5.90, based on 942 companies in the industry. Companies in the top quartile (top 25%) have a FCF Yield % significantly above this median, while those in the bottom quartile fall well below. However, FCF Yield % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Vornado Realty Trust's current FCF Yield % of 17.05 is 189% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high FCF Yield % mean?
A high FCF Yield % can signal that a stock is expensive relative to its fundamentals. FCF Yield is calculated as Free Cash Flow divided by Market Capitalization. View historical data on Vornado Realty Trust and its competitors. For the REITs industry, the median FCF Yield % is 5.90 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Vornado Realty Trust's current FCF Yield % is 17.05, which is 149% above median its own 10-year median of 6.85. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Vornado Realty Trust stock overvalued right now?
Based on GuruFocus' analysis, Vornado Realty Trust (VNO) is currently considered Modestly Overvalued. The stock's GF Value™ is $32.08, compared to a current price of $39.11 — trading 21.9% above its estimated fair value. The current FCF Yield % is 17.05, which is 149% above median its 10-year median of 6.85 and 189% above the REITs industry median of 5.90. Vornado Realty Trust's overall GF Score™ is 77/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is FCF Yield % calculated?
FCF Yield % is calculated from a company's financial statements. For Vornado Realty Trust (VNO), the current FCF Yield % is 17.05 as of Jun. 26, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Vornado Realty Trust (VNO) Overvalued in 2026?
Based on GuruFocus' analysis, Vornado Realty Trust stock appears to be overvalued.
The current stock price of $39.11 is trading 21.9% above its estimated GF Value™ of $32.08.
GuruFocus considers Vornado Realty Trust to be Modestly Overvalued.
Key valuation signals for VNO:
FCF Yield %: 17.05 (149% above median its 10-year median of 6.85)
GF Value™: $32.08 vs. price of $39.11 (21.9% above fair value)
Industry Position: 189% above the REITs median (#72 of 942)
No single metric tells the full story. See the VNO stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Vornado Realty Trust is a fully integrated real estate investment trust with a portfolio of New York City office, retail, and multifamily assets, and the developer of the new Penn District. While concentrated in New York, the trust also owns assets in both Chicago and San Francisco. It generates revenue in the form of property rentals, fees charged for trade shows, parking revenues, management and leasing fees, etc. Vornado operates in the following reportable segments: New York (its key revenue-generating market) and Other.
77GF Score
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