Vornado Realty Trust (LTS:0LR2) Revenue: $1,808 Mil (TTM As of Mar. 2026)

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LTS:0LR2 Vornado Realty Trust LTS:0LR2
76 GF Score
Price $38.61
GF Value $31.87
Valuation Modestly Overvalued
! 9 Warning Signs
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What is Vornado Realty Trust Revenue?

Vornado Realty Trust LTS:0LR2 +0.70% 76 Revenue is $1,808 Mil as of Mar. 2026. GuruFocus rates LTS:0LR2 with a GF Score™ of 76/100 and a GF Value™ of $31.87 (Modestly Overvalued). The stock has 9 warning signs investors should review.

Vornado Realty Trust's revenue for the three months ended in Mar. 2026 was $459 Mil. Its revenue for the trailing twelve months (TTM) ended in Mar. 2026 was $1,808 Mil. Vornado Realty Trust's Revenue per Share for the three months ended in Mar. 2026 was $2.42. Its Revenue per Share for the trailing twelve months (TTM) ended in Mar. 2026 was $9.14.

Warning Sign:

Vornado Realty Trust revenue per share has been in decline over the past 3 years.

During the past 12 months, the average Revenue per Share Growth Rate of Vornado Realty Trust was -1.00% per year. During the past 3 years, the average Revenue per Share Growth Rate was -1.40% per year. During the past 5 years, the average Revenue per Share Growth Rate was 2.60% per year. During the past 10 years, the average Revenue per Share Growth Rate was -2.10% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get other companies' revenue growth rate using Revenue per Share data.

During the past 13 years, Vornado Realty Trust's highest 3-Year average Revenue per Share Growth Rate was 47.50% per year. The lowest was -9.90% per year. And the median was 2.90% per year.


Vornado Realty Trust  (LTS:0LR2) Revenue Explanation

In ranking the predictability, companies with more consistent revenue and earnings growth are ranked high with predictability.

Peter Lynch categorized companies according to their revenue growth:


Slow Grower: Inflation < 10-Year Revenue Growth Rate < 10%:
Stalwart: 10% < 10-Year Revenue Growth Rate < 20%:
Fast Grower: 10-Year Revenue Growth Rate > 20%:

His favorite companies are stalwart, those growing between 10-20% a year.

Companies in cyclical industries may see their revenue fluctuate wildly in good years and bad years.


Be Aware

Revenue can be manipulated by changing the way how revenue is booked. Companies may book sales before the payment is received, or before the revenue is fully earned. These will be added to balance sheet items such as account payable or account receivables.


Vornado Realty Trust Revenue Related Terms


Vornado Realty Trust Revenue Historical Data

* Premium members only.

The historical data trend for Vornado Realty Trust's Revenue 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.

Vornado Realty Trust Revenue Chart

Vornado Realty Trust Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Revenue
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1,589.21 1,800.00 1,811.16 1,787.69 1,810.43

Vornado Realty Trust Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Revenue 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 461.58 441.44 453.70 453.71 459.11

LTS:0LR2 vs ARE, CUZ, KRC: Revenue Comparison

For the REIT - Office subindustry, Vornado Realty Trust's Revenue, along with its competitors' market caps and Revenue 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 Revenue vs REITs Industry

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

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


LTS:0LR2
76GF Score
Vornado Realty Trust LTS:0LR2
Revenue is just one metric. See GF Score™, valuation, warning signs, and more.
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Vornado Realty Trust Revenue Calculation

Also referred as sales, revenue is income that a company receives from its normal business activities, usually from the sale of goods and services to customers. Revenue is often referred to as the "top line" due to its position on the income statement at the very top.

Revenue for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $1,808 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.

Frequently Asked Questions Learn more about Revenue →
What does a Revenue of $1,808 Mil mean?
Vornado Realty Trust (LTS:0LR2) has a Revenue of $1,808 Mil as of Mar. 2026. Revenue is the total amount a company generates as sales through its operations. View historical data on Vornado Realty Trust and its competitors.
Is Vornado Realty Trust's Revenue too high?
Vornado Realty Trust's current Revenue is $1,808 Mil. Overall, Vornado Realty Trust has a GF Score™ of 76/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Vornado Realty Trust's Revenue compare to ARE and CUZ?
Vornado Realty Trust's Revenue of $1,808 Mil can be compared against companies in the REITs industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Revenue for a REITs company?
A good Revenue depends on the REITs industry context. However, Revenue should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Revenue mean?
A high Revenue can signal that a stock is expensive relative to its fundamentals. Revenue is the total amount a company generates as sales through its operations. View historical data on Vornado Realty Trust and its competitors. Vornado Realty Trust's current Revenue is $1,808 Mil. 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 (LTS:0LR2) is currently considered Modestly Overvalued. The stock's GF Value™ is $31.87, compared to a current price of $38.61 — trading 21.1% above its estimated fair value. The current Revenue is $1,808 Mil. Vornado Realty Trust's overall GF Score™ is 76/100 with 9 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Revenue calculated?
Revenue is calculated from a company's financial statements. For Vornado Realty Trust (LTS:0LR2), the current Revenue is $1,808 Mil 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 (LTS:0LR2) Overvalued in 2026?

Based on GuruFocus' analysis, Vornado Realty Trust stock appears to be overvalued. The current stock price of $38.61 is trading 21.1% above its estimated GF Value™ of $31.87. GuruFocus considers Vornado Realty Trust to be Modestly Overvalued.

Key valuation signals for LTS:0LR2:

  • Revenue: $1,808 Mil
  • GF Value™: $31.87 vs. price of $38.61 (21.1% above fair value)
  • GF Score™: 76/100 with 9 warning signs

No single metric tells the full story. See the LTS:0LR2 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Vornado Realty Trust Business Description

Industry Real EstateREITs
Address 888 Seventh Avenue, New York, NY, USA, 10019
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.
76GF Score

Get the complete analysis for LTS:0LR2

Revenue is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$38.61
Price
$31.87
GF Value