Cousins Properties vs Vornado Realty Trust
Vornado Realty Trust is the larger business, with $1.81bn of revenue in fiscal 2025 against $994m for Cousins Properties (1.8 times as much). Cousins Properties grew faster (16.0% against 1.3%). Vornado Realty Trust kept more of each dollar of sales as profit: a net margin of 50.0% against 4.1%. Vornado Realty Trust carries less debt relative to equity (37.8% against 71.7%).
| Latest fiscal year | Cousins PropertiesCUZ, 2025 | Vornado Realty TrustVNO, 2025 |
|---|---|---|
| Revenue | $994m | $1.81bn |
| Revenue growth | 16.0% | 1.3% |
| Net income | $40.5m | $905m |
| Operating margin | 67.8% | — |
| Net margin | 4.1% | 50.0% |
| Return on equity | 0.9% | 16.2% |
| Free cash flow | $135m | $962m |
| Cash | $5.7m | $841m |
| Total debt | $3.36bn | $2.26bn |
| Debt to equity | 71.7% | 37.8% |
| Dividend per share | $1.28 | $0.74 |
| Dividend yield | 4.4% | — |
| Share buybacks | — | $51.0m |
| Employees | 351 | 3,145 |
| Market value | $4.83bn | $6.40bn |
| Price vs our value range | — | — |
| Moat score | 64 (Moderate) | 46 (Moderate) |
| Insider trades, 12 months | 0 buys, 1 sales | 9 buys, 3 sales |