Vornado Realty Trust EV/EBIT VNO

Enterprise value divided by operating profit over the last twelve months, one-off items taken out, since 2010.

Today, Oct 23, 2026: 23.4×
10-year median: 21.4×
Against its 10-year history: 59th; percentile: 0 is its lowest day, 100 its highest
10-year range: 2.3× to 498×
Peer median: 26.5×

Vornado Realty Trust's EV/EBIT is 23.4× as of Oct 23, 2026.

That is above its ten-year median of 21.4×, close to the middle of its last ten years.

Over that time it ranged from 2.3× in Mar 2020 to 498× in Dec 2023.

The median for 10 specialty REITs of a similar size is 26.5×.

EV/EBIT over time

median 21.4×

The dashed line is the 10-year median and the shaded band the middle half of its days.

Open the interactive chart, with overlays and comparisons

Year by year

Year	End of year	Low	High
2026 so far	23.4×	4.8×	25.7×
2025	6.0×	6.0×	27.9×
2024	27.2×	14.1×	497×
2023	498×	11.8×	498×
2022	11.4×	11.3×	87.4×
2021	79.7×	77.8×	86.1×
2020	2.7×	2.3×	4.9×
2019	4.8×	4.2×	42.1×
2018	22.0×	21.1×	26.0×
2017	26.6×	25.0×	63.2×
2016	43.6×	16.9×	43.6×
2015	20.8×	18.3×	25.3×
2014	23.0×	13.5×	23.0×
2013	13.6×	12.7×	15.1×
2012	13.0×	11.7×	13.6×
2011	11.7×	10.6×	14.7×
2010	12.5×	10.9×	13.9×

Against its peers

Companies in REIT - Specialty nearest Vornado Realty Trust's size, closest first, today.

Company	EV/EBIT
VNOVornado Realty Trust	23.4×
STAGSTAG Industrial	26.5×
FRFirst Industrial Realty Trust	34.9×
EPRTEssential Properties Realty Trust	21.5×
RYNRayonier	97.0×
OUTOUTFRONT Media	20.0×
NNNNNN REIT	21.9×
RITMRithm Capital	n/m
RHPRyman Hospitality Properties	22.1×
ADCAgree Realty	32.7×
SBRASabra Health Care REIT	41.6×
Peer median	26.5×

Where Vornado Realty Trust ranks

What the EV/EBIT tells you

What the whole business costs against its operating profit. Enterprise value is the market value plus borrowings and minority interests, less cash. EBIT is operating profit before interest and tax, with one-offs taken out. Unlike PE it is not moved by how a company is financed.

Leases are left out of debt for every company. Banks earn on their balance sheet, so EV/EBIT does not describe them.

More on Vornado Realty Trust

Valuation data, not investment advice. Prices as of Oct 23, 2026. Reported figures come from the company's filings with the SEC.