Vornado Realty Trust
Profit Margins
| Fiscal Year | Gross Margin | Operating Margin | Net Margin |
|---|---|---|---|
| FY2016 | — | 28.9% | 45.3% |
| FY2017 | — | 29.2% | 10.9% |
| FY2018 | — | 26.9% | 20.8% |
| FY2019 | — | 178.6% | 163.6% |
| FY2020 | — | -27.8% | -19.4% |
| FY2021 | — | 12.4% | 11.1% |
| FY2022 | — | -20.1% | -19.2% |
| FY2023 | — | 3.4% | 5.8% |
| FY2024 | — | 2.4% | 3.9% |
| FY2025 | — | 52.5% | 50.0% |