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Held by 384 of 5,944 reporting institutions (96th percentile) — extremely crowded.
Data as of Q1 2026
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Is the value real, and is the business safe? Academic scores + earnings quality + solvency, from SEC filings.
7/7 of the 9 checks — 2 couldn't be scored (see above), so the score is out of the 7 with data.
Insufficient balance-sheet detail (needs retained earnings, working capital, equity).
Needs granular two-year detail (receivables, PP&E, D&A, SG&A) — not fully reported.
Earnings are backed by cash (FCF ≥ net income) — high quality. Lower/negative accruals = higher quality (Sloan).
Coverage data unavailable.
F-Score (0–9 fundamental momentum), Altman Z (distress risk), and Beneish M (earnings-manipulation screen) are academic models computed from the SEC filings. Screens and context — educational, not recommendations.
What the company returns to shareholders — and whether it's covered by cash.
The dividend is comfortably covered — only 12% of free cash flow, leaving room to grow it and fund buybacks. Last year: $141M dividends + $51M buybacks = $192M returned on $1.2B FCF.
2 consecutive years of dividend increases · -13%/yr.
Yields use the latest fiscal-year dividends/buybacks over current market cap. Dividends and buybacks from the SEC cash-flow statement; payout coverage vs net income and free cash flow. Educational — not a recommendation.
How management deployed cash over 10 years — and what it earned on reinvestment.
A cash-return story — far more went to shareholders than back into the business (mature, low-reinvestment).
Insufficient data. Current ROIC on all capital: 11%. Rough measure (includes maintenance capex).
Cash uses aggregated from the SEC cash-flow statement over 10 fiscal years. "Return on reinvestment" is a rough proxy — operating-income change ÷ cumulative CapEx + M&A — and includes maintenance capex. Educational — not a recommendation.
How much the company owes, how it's trended, and how comfortably it's serviced.
Green ≤ 1.5× · amber ≤ 3× · red > 3× (leverage relative to cash earnings).
Interest expense isn't separately reported — often netted into “other income (expense), net.” Effective rate ~15.6% on $2.3B of debt.
Cash vs short-term debt unavailable.
Mostly long-term debt (balance-sheet current vs non-current split). A year-by-year maturity schedule wasn't disclosed for this issuer.
Debt, cash, interest and equity from the SEC balance sheet & income statement. Effective rate = interest ÷ average debt. Educational — not a recommendation.
No trend data available for this metric.
Total shares institutions bought (green) vs sold (red) each quarter across all holders.
Inferred from quarter-over-quarter change in each fund's 13F position (new stakes count as buys, exits as sells). Not tick-level trades.
How a revenue dollar becomes profit — FY2025
Each value shows its share of revenue below it (common-size).
| Line Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $1.81B 100.0% | $1.79B 100.0% | $1.81B 100.0% | $1.80B 100.0% | $1.59B 100.0% | $1.53B 100.0% | $1.92B 100.0% | $2.16B 100.0% | $2.08B 100.0% | $2.00B 100.0% |
| Selling, General & Admin | $156.1M 8.6% | $148.5M 8.3% | $162.9M 9.0% | $133.7M 7.4% | $134.5M 8.5% | $181.5M 11.9% | $169.9M 8.8% | $141.9M 6.6% | $150.8M 7.2% | $143.6M 7.2% |
| Total Operating Expenses | $1.55B 85.7% | $1.54B 86.2% | $1.57B 86.4% | $1.53B 85.2% | $1.37B 86.1% | $1.55B 101.5% | $1.63B 84.4% | $1.58B 73.1% | $1.48B 70.8% | $1.42B 71.1% |
| Operating Income | — | — | — | — | — | — | — | $583.0M 26.9% | $608.7M 29.2% | $579.8M 28.9% |
| Interest Expense | $353.9M 19.5% | $390.3M 21.8% | $349.2M 19.3% | $279.8M 15.5% | $231.1M 14.5% | $229.3M 15.0% | $286.6M 14.9% | $347.9M 16.1% | $345.7M 16.6% | $330.2M 16.5% |
| Other Income (Expense), net | — | $0 0.0% | $0 0.0% | $235K 0.0% | $1.8M 0.1% | $3.6M 0.2% | $3.7M 0.2% | $4.0M 0.2% | $5.1M 0.2% | $3.7M 0.2% |
| Pretax Income | $950.7M 52.5% | $42.8M 2.4% | $62.1M 3.4% | -$361.0M -20.1% | $197.1M 12.4% | -$425.2M -27.8% | $3.44B 178.6% | $459.6M 21.2% | $319.7M 15.3% | $584.9M 29.2% |
| Income Tax Expense | $13.5M 0.7% | $22.7M 1.3% | $29.2M 1.6% | $21.7M 1.2% | -$10.5M -0.7% | $36.6M 2.4% | $103.4M 5.4% | $37.6M 1.7% | $42.4M 2.0% | $7.9M 0.4% |
| Net Income | $937.0M 51.8% | $20.0M 1.1% | $33.0M 1.8% | -$383.0M -21.3% | $208.0M 13.1% | -$297.0M -19.4% | $3.15B 163.6% | $450.0M 20.8% | $227.4M 10.9% | $906.9M 45.3% |
| Per Share | ||||||||||
| EPS (Basic) | $4.40 | $0.04 | $0.23 | $-2.13 | $0.53 | $-1.83 | $16.23 | $2.02 | $0.85 | $4.36 |
| EPS (Diluted) | $4.20 | $0.04 | $0.23 | $-2.13 | $0.53 | $-1.83 | $16.21 | $2.01 | $0.85 | $4.34 |
| Weighted Avg Shares (Basic) | 191.8M | 190.5M | 191.0M | 191.8M | 191.6M | 191.1M | 190.8M | 190.2M | 189.5M | 188.8M |
| Weighted Avg Shares (Diluted) | 201.0M | 196.6M | 191.9M | 191.8M | 192.1M | 191.1M | 191.1M | 191.3M | 191.3M | 190.2M |
Source: SEC EDGAR XBRL filings (annual, fiscal year). Quarterly flow items are derived from cumulative filings; balance-sheet figures are as-of each period end. Ratios and margins are computed, not reported.
Top 40 institutional holders — bubble size is position value, color is the move since last quarter. Hover any holder for detail.
Drag any bubble to rearrange · size = dollar value of the position
Total return (dividends reinvested) vs the market, from quarter-end prices.
Above 0 = ahead of the S&P 500 since the window start; below 0 = behind. Rising means it's pulling ahead.
How far the stock fell below its prior peak. Deeper, longer drawdowns = a rougher ride to the same return.
Quarter-end, dividend-adjusted (total return). Beta & volatility from quarterly returns (annualized). Benchmark is the S&P 500 (SPY total return). Annual returns compound the quarters ending in each calendar year; the first and last years in a window may be partial. Past performance doesn't predict future results.
No current price collected.
Nothing notable to watch.
Where each multiple sits in its own 14-yr range
Dot = today · shaded = middle 50% · line = median. Lower percentile = cheaper vs its own 14-yr history.
Is the profit real, and how strong is the balance sheet?
FY2025 · every deduction from revenue to net income
DuPont — the three levers
Watch the leverage lever — a chunk of ROE comes from the balance sheet.
What the company owes vs. what it holds
Year-by-year maturities aren't in SEC companyfacts (footnote-only), so this shows the debt/cash structure and net leverage instead.
Latest year: profit growth vs revenue growth
Operating leverage needs meaningful revenue change.
Each line as % of revenue — the trend in color
| % of revenue | FY2018 | FY2019 | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 |
|---|---|---|---|---|---|---|---|---|
| SG&A | 6.6 | 8.8 | 11.9 | 8.5 | 7.4 | 9.0 | 8.3 | 8.6 |
| Operating Income | 26.9 | — | — | — | — | — | — | — |
| Income Tax | 1.7 | 5.4 | 2.4 | -0.7 | 1.2 | 1.6 | 1.3 | 0.7 |
| Net Income | 20.8 | 163.6 | -19.4 | 13.1 | -21.3 | 1.8 | 1.1 | 51.8 |
Green = margin-favorable vs the row's own range · red = unfavorable.
The metrics that matter, over time
A 30-second read on VNO: price, valuation, headline fundamentals, and an auto-generated scorecard from SEC filings. Flags are rule-based signals, not recommendations.