Company / SG&A Expense
Vornado Realty Trust SG&A Expense History
FY2016-FY2025 · Annual data · Source: SEC filings
At a glance
Latest annual filing availableLatest SG&A Expense
$156.1M
FY2025
5-year range
$133.7M / $162.9M
FY2021-FY2025
Trend
+5.1%
vs FY2024
Sector context
#26 of 131
Real Estate
What the data says
Vornado Realty Trust's sg&a expense of $156M is higher than 80% of companies in the Real Estate sector (FY2025). SG&A Expense has fluctuated over the past 10 years, ranging from $134M in FY2022 to $182M in FY2020.
Based on SEC 10-K filings.
$156M in FY2025 with a 5-year CAGR of -3.0%. Top quartile in the Real Estate sector.
Improved from $163M to $156M over the past 2 years.
Real Estate sector context is included.
SG&A Expense over time
Growth rates
- 3-Year CAGR
- +5.3%
- 5-Year CAGR
- -3.0%
- 10-Year CAGR
- -
Sector benchmark
Bottom 20% in Real EstateTop 80% of 131This company $156.1M Sector average $159.5M
▼
-2.1% below sector average
Key checks
Key Insights
- 5-year CAGR of -3.0%, indicating a declining trend.
- In FY2025, sg&a expense increased 5.1% year-over-year.
- Ranks #26 out of 131 companies in the Real Estate sector.
- Peak sg&a expense was recorded in FY2020.
Company context
Key Data Points
- Altman Z-Score 0.19 (distress zone, below 1.8 threshold)
- Strong profit margin: 49.9%
Data sourced from SEC EDGAR filings. Not investment advice.
Annual data
| Year | SG&A ExpenseValue | YoY GrowthYoY |
|---|---|---|
| FY2025 | $156.1M | +5.1% |
| FY2024 | $148.5M | -8.8% |
| FY2023 | $162.9M | +21.8% |
| FY2022 | $133.7M | -0.6% |
| FY2021 | $134.5M | -25.9% |
| FY2020 | $181.5M | +6.8% |
| FY2019 | $169.9M | +19.8% |
| FY2018 | $141.9M | -5.9% |
| FY2017 | $150.8M | +5.0% |
| FY2016 | $143.6M | -3.8% |
As of FY2025 · SEC 10-K · Updated Feb 28, 2026