Vornado Realty TrustVNO +1.51%77 Quick Ratio is 2.08 as of Mar. 2026, which is 5% below its 10-year median of 2.19. 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 760 REITs companies, Vornado Realty Trust ranks better than 75.13% on this metric.
Vornado Realty Trust has a quick ratio of 2.08. It generally indicates good short-term financial strength.
The historical rank and industry rank for Vornado Realty Trust's Quick Ratio or its related term are showing as below:
VNO'
s Quick Ratio Range Over the Past 10 Years
Min: 1.65 Med: 2.19 Max: 6.98
Current: 2.08
During the past 13 years, Vornado Realty Trust's highest Quick Ratio was 6.98. The lowest was 1.65. And the median was 2.19.
VNO's Quick Ratio is ranked better than 75.13% of 760
companies
in the REITs industry
Industry Median: 0.87
vs VNO: 2.08
Vornado Realty Trust (NYSE:VNO) Quick Ratio Explanation
The quick ratio is more conservative than the Current Ratio because it excludes inventories from current assets. The ratio derives its name presumably from the fact that assets such as cash and marketable securities are quick sources of cash. Inventories generally take time to be converted into cash, and if they have to be sold quickly, the company may have to accept a lower price than book value of these inventories. As a result, they are justifiably excluded from assets that are ready sources of immediate cash.
In general, low or decreasing quick ratios generally suggest that a company is over-leveraged, struggling to maintain or grow sales, paying bills too quickly or collecting receivables too slowly. On the other hand, a high or increasing quick ratio generally indicates that a company is experiencing solid top-line growth, quickly converting receivables into cash, and easily able to cover its financial obligations. Such companies often have faster inventory turnover and cash conversion cycles.
The higher the quick ratio, the better the company's liquidity position.
Vornado Realty Trust Quick Ratio Related Terms
Vornado Realty Trust Quick Ratio Historical Data
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The historical data trend for Vornado Realty Trust's Quick Ratio 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 Quick Ratio, along with its competitors' market caps and Quick Ratio 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 Quick Ratio vs REITs Industry
For the REITs industry and Real Estate sector, Vornado Realty Trust's Quick Ratio distribution charts can be found below:
* The bar in red indicates where Vornado Realty Trust's Quick Ratio falls into.
The quick ratio measures a company's ability to meet its short-term obligations with its most liquid assets. For this reason, the ratio excludes inventories from current assets.
Vornado Realty Trust's Quick Ratio for the fiscal year that ended in Dec. 2025 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 (VNO) has a Quick Ratio of 2.08 as of Mar. 2026. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on Vornado Realty Trust and its competitors. This is near median its historical median of 2.19. Over the past decade, Vornado Realty Trust's Quick Ratio has ranged from 1.65 to 6.98. According to the industry distribution chart, Vornado Realty Trust ranks #189 out of 760 companies in the REITs industry, placing it in the top 24.9%.
Is Vornado Realty Trust's Quick Ratio too high?
Vornado Realty Trust's current Quick Ratio of 2.08 is near median its 10-year median of 2.19. Over the past 10 years, this metric has ranged from a low of 1.65 to a high of 6.98. The REITs industry median Quick Ratio is 0.87. Vornado Realty Trust's value of 2.08 is 139.1% above this industry median. Based on the distribution chart, Vornado Realty Trust ranks #189 out of 760 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 Quick Ratio compare to CUZ and ARE?
According to the REITs industry distribution chart, Vornado Realty Trust ranks #189 out of 760 companies for Quick Ratio. This places Vornado Realty Trust in the top 25% of its industry — outperforming the majority of peers. The industry median Quick Ratio is 0.87. Vornado Realty Trust's value of 2.08 is 139.1% above this benchmark. Historically, Vornado Realty Trust's own Quick Ratio has ranged from 1.65 to 6.98 over the past decade. While the company's 10-year median is 2.19 vs. the industry median of 0.87, 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 Quick Ratio for a REITs company?
The median Quick Ratio among REITs companies is 0.87, based on 760 companies in the industry. Companies in the top quartile (top 25%) have a Quick Ratio significantly above this median, while those in the bottom quartile fall well below. However, Quick Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Vornado Realty Trust's current Quick Ratio of 2.08 is 139.1% 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 Quick Ratio mean?
A high Quick Ratio can signal that a stock is expensive relative to its fundamentals. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on Vornado Realty Trust and its competitors. For the REITs industry, the median Quick Ratio is 0.87 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Vornado Realty Trust's current Quick Ratio is 2.08, which is near median its own 10-year median of 2.19. 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 $38.66 — trading 20.5% above its estimated fair value. The current Quick Ratio is 2.08, which is near median its 10-year median of 2.19 and 139.1% above the REITs industry median of 0.87. 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 Quick Ratio calculated?
Quick Ratio is calculated from a company's financial statements. For Vornado Realty Trust (VNO), the current Quick Ratio is 2.08 as of Mar. 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 $38.66 is trading 20.5% above its estimated GF Value™ of $32.08.
GuruFocus considers Vornado Realty Trust to be Modestly Overvalued.
Key valuation signals for VNO:
Quick Ratio: 2.08 (near median its 10-year median of 2.19)
GF Value™: $32.08 vs. price of $38.66 (20.5% above fair value)
Industry Position: 139.1% above the REITs median (#189 of 760)
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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