VNO

Value Q4, 24Q1, 25Q2, 25Q3, 25Q4, 25 TTM Total common shares outstanding 190.85 M191.95 M192.04 M192.05 M190.67 M 766.71 M Enterprise value 11.97 B10.74 B10.32 B11.1 B9.82 B 41.98 B Price to earnings ratio 1 05171.139.479.657.92 98.17 Price to sales ratio 4.623.994.184.463.7 16.32 Price to cash flow ratio 15.3712.925.496.165.32 29.89 Price to book ratio 2.080.430.440.451.39 2.72 Enterprise value to EBITDA ratio 16.7314.3713.8214.9313.27 56.39 Return on assets % 00.010.0500 0.06 Return on equity % 00.020.1200 0.15 Return on invested capital % ————— — Gross margin % 100100100100100 400 Operating margin % 15.1118.0114.210.3614.51 57.09 EBITDA margin % 40.9544.2841.4537.2240.54 163.48 Net margin % 3.6522.18172.025.983.55 203.73 Quick ratio ————— — Current ratio ————— — Inventory turnover ————— — Asset turnover 0.030.030.030.030.03 0.12 Debt to assets ratio 0.210.180.180.190.19 0.74 Debt to equity ratio 0.640.540.460.490.5 1.99 Long term debt to total assets ratio 0.160.140.140.140.15 0.56 Long term debt to total equity ratio 0.50.40.350.370.38 1.5 Operating cash flow per share 1.050.265.110.170.73 6.26 EBIT per share 0.350.410.310.230.33 1.29 EBITDA per share 0.951.020.910.840.91 3.69 Total debt per share 16.8714.2114.0714.8514.75 57.87 Cash per share 3.732.835.995.054.18 18.05 Net current asset value per share 3.732.835.995.054.18 18.05 Tangible book value per share 19.622023.8523.8423.35 91.04 Working capital per share ————— — Book value per share 20.2220.5824.4224.423.9 93.3