Vornado Realty Trust (VNO) scored on five pillars from its reported financial statements, and ranked against 84 Real Estate companies.
Vornado Realty Trust (VNO) scores 4.4 out of 10 as of , computed from its reported financial statements. That reads as mixed quality. The reading rests on growth, and profitability is what holds it back.
One pillar, solvency, is unscored because the filings behind it carry too little to judge. It is shown as a dash rather than a zero, and the overall score is the weighted average of what could be scored.
Data provided by Twelve Data. Scores are computed by Lemma Analysis from reported financials.
We cannot judge Vornado Realty Trust yet, because fewer than five years had both a return on capital and a cost of capital we could measure. This is not a “no”.
Quantitative signs of a moat, read from the filed statements. This is not a judgement of where it comes from (brand, network effects, switching costs). How Lemma measures a moat →
The Quality Score for VNO stands at 4.4 out of 10 as of October 19, 2026, which puts Vornado Realty Trust in the mixed quality band. In this band one or two pillars are usually holding the score up while others drag it down, which the breakdown below makes visible. It rolls Vornado Realty Trust’s profitability, solvency, growth, efficiency and predictability into one number, each judged against the norms of its sector.
Ranked with the 84 Real Estate companies Lemma publishes, the score sits at the 33rd percentile, in the lower half of the group, above the bottom quarter. For reference, the middle of the group scores 5.2 and a company needs 5.9 to reach its top quarter, which leaves Vornado Realty Trust below the median.
On profitability, Vornado Realty Trust scores 0.9, a weak reading. Its peers have a median of 4.8 across 80 Real Estate companies, which places it well below them, at the 9th percentile. Low margins and returns leave little cushion, so a downturn or a cost increase reaches the bottom line quickly.
Solvency has no score for Vornado Realty Trust. Fewer than half of the pillar’s metric weight could be computed from the reported statements, so it is drawn as a dash and left out of the overall rather than counted as a zero. For context, the median solvency score across 34 Real Estate companies is 3.7. Without it the overall says nothing about how comfortably the company carries its debt.
Vornado Realty Trust’s growth score is 6.5 out of 10 (average). Against a median of 5.2 among 74 Real Estate companies, that is above the group and the 70th percentile. Average growth reflects a business expanding at roughly the pace of its sector, without a clear acceleration or decline.
On efficiency, Vornado Realty Trust scores 6.1, an average reading. Its peers have a median of 6.4 across 80 Real Estate companies, which places it in line with them, at the 43rd percentile. An average efficiency reading suggests the business turns its assets and earnings into cash at roughly the rate its sector does.
Vornado Realty Trust’s predictability score is 5.5 out of 10 (average). Against a median of 4.9 among 83 Real Estate companies, that is above the group and the 66th percentile. Middling predictability suggests some volatility in the record, enough to read the other pillars with a little caution.
The gap between Vornado Realty Trust’s best and worst pillar is wide: growth at 6.5 against profitability at 0.9, 5.6 points apart. An average of two readings this different deserves a closer look than the headline number. Leading with growth is attractive as long as the expansion is earning a decent return. Weak profitability can be cyclical, so it helps to know whether margins are at a low point or a long-run level.
Closing the gap on profitability would do the most for the overall. At the median of Real Estate companies, 4.8, Vornado Realty Trust would score about 5.6 instead of 4.4. With one pillar unscored, the overall rests on 80 of the 100 weight points, spread across the four pillars that could be measured (the full set is profitability 25, solvency 20, growth 20, efficiency 15, predictability 20).
For a fair comparison, start with companies of a similar size: the Real Estate companies below are nearest to Vornado Realty Trust by market value, each scored on the same pillars.
How much profit the company generates from its capital and sales.
The company’s ability to service debt and meet its obligations.
How fast revenue, earnings and cash flow are compounding.
How well assets and earnings convert into cash and output.
How stable and consistent results have been over time.
Each metric is scored from 0 to 10 against sector-aware benchmarks, where higher is better. Metrics roll up into five pillars, and the pillars combine into the overall score using the weights shown. Sector-sensitive metrics are judged relative to peers in the same sector.
This score is a systematic, backward-looking read of reported fundamentals. It does not judge valuation, management quality, competitive moat, or future prospects, and can be distorted by one-off items or unusual accounting. Treat it as a starting point, not a recommendation.
Educational only. Not investment advice.
On this reading Vornado Realty Trust scores 4.4 out of 10, which reads as mixed quality. Its strongest pillar is growth, its weakest is profitability. Quality is not the same as a good investment: the score says nothing about the price you would pay.
Vornado Realty Trust ranks at the 33rd percentile of the 84 Real Estate companies Lemma publishes a score for. The median there is 5.2 and the top quarter starts at 5.9, against Vornado Realty Trust’s 4.4.
Five pillars, each scored from 0 to 10 against sector-aware benchmarks and then weighted into one overall reading: profitability, solvency, growth, efficiency and predictability. Everything comes from reported financials, and nothing comes from price, sentiment or forecasts.
This page last changed on October 19, 2026. The score moves with the financial statements, so the page changes when a new filing moves the reading rather than on a schedule. Live figures for VNO are in the app.
No. Quality and valuation are separate questions, and a good business at the wrong price is still a bad purchase. Score the business here, then price it with a DCF you control.
Inside Lemma Analysis the same five pillars run on every company we cover, with the metrics behind each one, current fundamentals, a DCF you control and a watchlist that tells you when the price catches up.
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