Vornado Realty Trust

VNO-PM ·Real Estate, REIT - Diversified, United States
Financial Statements Income Statement
Annual Quarterly

Income Statement

Line Item FY2017 FY2016 FY2015 FY2014 FY2013 FY2012 FY2011 FY2010
Revenue $2.08B $2.00B $1.99B $2.31B $2.30B $2.65B $2.70B $2.56B
Cost of Revenue
Gross Profit
Gross Margin
Operating Expenses
Research & Development
SG&A Expense $150.8M $143.6M $149.3M $169.3M $177.4M $190.1M $208.5M $211.4M
Operating Income $608.7M $579.8M $619.4M $689.9M $674.6M $727.8M $812.2M $759.0M
Operating Margin 29.2% 28.9% 31.2% 29.8% 29.3% 27.5% 30.1% 29.7%
Interest Expense
Pretax Income $319.7M $584.9M $550.9M $432.6M $-12.1M $482.2M $598.5M $723.3M
Income Tax Expense $42.4M $7.9M $-85.0M $9.3M $-8.7M $8.1M $23.9M $22.1M
Net Income $227.4M $906.9M $760.4M $864.9M $476.0M $617.3M $662.3M $647.9M
Net Margin 10.9% 45.3% 38.3% 37.4% 20.7% 23.3% 24.5% 25.3%
EPS (Basic) $0.85 $4.36 $3.61 $4.18 $2.10 $2.95 $3.26 $3.27
EPS (Diluted) $0.85 $4.34 $3.59 $4.15 $2.09 $2.94 $3.23 $3.24
Shares Outstanding (Basic) 189.5M 188.8M 188.4M 187.6M 186.9M 185.8M 184.3M 182.3M
Shares Outstanding (Diluted) 191.3M 190.2M 189.6M 188.7M 187.7M 186.5M 186.0M 184.2M
Dividends Per Share $2.62
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