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VNOPM.PFD (Vornado Realty Trust) Pretax Margin % : -3.29% (As of Sep. 2024)


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What is Vornado Realty Trust Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Vornado Realty Trust's Pre-Tax Income for the three months ended in Sep. 2024 was $-14.59 Mil. Vornado Realty Trust's Revenue for the three months ended in Sep. 2024 was $443.26 Mil. Therefore, Vornado Realty Trust's pretax margin for the quarter that ended in Sep. 2024 was -3.29%.

The historical rank and industry rank for Vornado Realty Trust's Pretax Margin % or its related term are showing as below:

VNOpM.PFD' s Pretax Margin % Range Over the Past 10 Years
Min: -27.83   Med: 17.03   Max: 178.61
Current: -3.44


VNOpM.PFD's Pretax Margin % is ranked worse than
79.37% of 916 companies
in the REITs industry
Industry Median: 38.16 vs VNOpM.PFD: -3.44

Vornado Realty Trust Pretax Margin % Historical Data

The historical data trend for Vornado Realty Trust's Pretax Margin % 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 Pretax Margin % Chart

Vornado Realty Trust Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Pretax Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 178.61 -27.83 12.40 -20.05 3.43

Vornado Realty Trust Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
Pretax Margin % 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 15.80 -20.87 0.11 10.08 -3.29

Competitive Comparison of Vornado Realty Trust's Pretax Margin %

For the REIT - Office subindustry, Vornado Realty Trust's Pretax Margin %, along with its competitors' market caps and Pretax Margin % 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 Pretax Margin % Distribution in the REITs Industry

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

* The bar in red indicates where Vornado Realty Trust's Pretax Margin % falls into.



Vornado Realty Trust Pretax Margin % Calculation

Pretax margin - also known as pretax profit margin is the ratio of Pretax Income divided by net sales or Revenue, usually presented in percent.

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

Pretax Margin=Pre-Tax Income (A: Dec. 2023 )/Revenue (A: Dec. 2023 )
=62.11/1811.163
=3.43 %

Vornado Realty Trust's Pretax Margin for the quarter that ended in Sep. 2024 is calculated as

Pretax Margin=Pre-Tax Income (Q: Sep. 2024 )/Revenue (Q: Sep. 2024 )
=-14.585/443.255
=-3.29 %

* 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:VNOpM.PFD) Pretax Margin % Explanation

The pretax margin, as know as pretax profit margin, is widely used to measure the operating efficiency of a company before deducting taxes.

The pretax margin is sometimes preferred over the net margin as tax expenditures can make profitability comparisons between companies misleading.

It is a useful tool to compare companies operating in the same sector and less effective when comparing companies from other sectors as each industry generally has different operating expenses and sales patterns.

The long term trend of the pretax margin is a good indicator of the competitiveness and health of the business.


Vornado Realty Trust Pretax Margin % Related Terms

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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.