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Vornado Realty Trust balance sheet

At the end of fiscal 2025, Vornado Realty Trust had total assets of $15.52bn, total liabilities of $8.72bn and shareholders' equity of $5.99bn. It held $841m in cash against $2.26bn of debt: net debt of $1.42bn.

Balance sheet

US$ billions unless shown otherwise. Fiscal years, plus the last twelve months (LTM) when newer.

Fiscal year2016Dec 20162017Dec 20172018Dec 20182019Dec 20192020Dec 20202021Dec 20212022Dec 20222023Dec 20232024Dec 20242025Dec 2025LTMSept 2026
Cash and equivalents1.51.80.61.51.61.80.91.00.70.80.6
Total assets20.817.417.218.316.217.316.516.216.015.515.6
Long-term debt1.31.61.71.81.82.62.62.62.62.32.6
Total debt1.31.61.71.81.82.62.62.62.62.32.6
Total liabilities11.911.411.310.18.710.110.09.89.88.79.0
Shareholders' equity6.94.34.56.76.56.25.85.55.26.05.8
Non-controlling interests and other (assets − liabilities − equity)2.01.71.41.51.01.00.70.81.00.80.8
Net debt (negative = net cash)−0.2−0.21.10.30.20.81.71.61.81.42.0
Shares outstanding189m190m191m191m191m192m192m190m191m191m187m

Balances at each fiscal year end (quarter end in the quarterly view). Total debt is short- plus long-term borrowings, including lease debt where the company reports it within debt. Where assets do not equal liabilities plus shareholders' equity, the difference (non-controlling interests, redeemable preferred shares) is shown on its own line.

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Figures from Vornado Realty Trust's SEC filings (10-K and 10-Q), retrieved November 2, 2026. How we read and check them: methodology and data sources. Not investment advice. Back to Vornado Realty Trust.