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Vornado Realty Trust (Vornado Realty Trust) Selling, General, & Admin. Expense : $163 Mil (TTM As of Dec. 2023)


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What is Vornado Realty Trust Selling, General, & Admin. Expense?

Selling, general, & admin. expense (SGA) includes the direct and indirect costs and all general and administrative expenses of a company. Vornado Realty Trust's selling, general, & admin. expense for the three months ended in Dec. 2023 was $46 Mil. Its selling, general, & admin. expense for the trailing twelve months (TTM) ended in Dec. 2023 was $163 Mil.


Vornado Realty Trust Selling, General, & Admin. Expense Historical Data

The historical data trend for Vornado Realty Trust's Selling, General, & Admin. Expense can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Vornado Realty Trust Selling, General, & Admin. Expense Chart

Vornado Realty Trust Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Selling, General, & Admin. Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only 169.92 181.51 134.55 133.73 162.88

Vornado Realty Trust Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Selling, General, & Admin. Expense Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 31.44 41.60 39.41 35.84 46.04

Competitive Comparison of Vornado Realty Trust's Selling, General, & Admin. Expense

For the REIT - Office subindustry, Vornado Realty Trust's Selling, General, & Admin. Expense, along with its competitors' market caps and Selling, General, & Admin. Expense data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Vornado Realty Trust's Selling, General, & Admin. Expense Distribution in the REITs Industry

For the REITs industry and Real Estate sector, Vornado Realty Trust's Selling, General, & Admin. Expense distribution charts can be found below:

* The bar in red indicates where Vornado Realty Trust's Selling, General, & Admin. Expense falls into.



Vornado Realty Trust Selling, General, & Admin. Expense Calculation

Selling, General, & Admin. Expense (SGA) includes the direct and indirect costs and all general and administrative expenses of a company. For instance, personnel cost, advertising, rent, communication costs are all part of SGA.

Selling, General, & Admin. Expense for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $163 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Vornado Realty Trust  (NYSE:VNO) Selling, General, & Admin. Expense Explanation

An efficient operation keeps SGA costs low and thus has higher profit margin. The percentage of SGA relative to total revenue is an indication of how efficiently the company operates. Compare this percentage among the companies in the same industry is a good way of finding more efficient operations. A comparison of the SGA cost relative to the revenue with the historical value can also be an indication of how efficient the company has become.

Warren Buffett likes companies with consistent SGA as the percentage of gross profit.

Companies with no durable competitive advantage show wild variation in SG&A as % of Gross Profit.

If SGA is less than 30% of Gross Profit, it is fantastic. If SGA is nearing 100%, it is is in highly competitive industry.


Vornado Realty Trust Selling, General, & Admin. Expense Related Terms

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Vornado Realty Trust (Vornado Realty Trust) Business Description

Industry
Address
888 Seventh Avenue, New York, NY, USA, 10019
Vornado owns and has an ownership interest in Class A office and retail properties highly concentrated in Manhattan, with additional properties in San Francisco and Chicago. It operates as a real estate investment trust.
Executives
Michael D Fascitelli director, officer: President MDF CAPITAL, 888 7TH AVENUE, 27TH FLOOR, NEW YORK NY 10019
Wight Russell B Jr director
Raymond J Mcguire director 5 GIRALDA FARMS, MADISON NJ 07940
Deirdre K. Maddock officer: SVP - Chief Accounting Officer 210 ROUTE 4 EAST, 210 W RTE 4 EAST, PARAMUS NJ 07652
Beatrice Hamza Bassey director 2188 LEDGE ROCK LANE, HENDERSON NV 89052
William W Helman director GREYLOCK, 880 WINTER ST SUITE 300, WALTHAM MA 02451
Barry Langer officer: EVP - Dev. Co-Head of R.E. C/O VORNADO REALTY TRUST, 888 7TH AVENUE, NEW YORK NY 10019
Glen J. Weiss officer: EVP- Off Leasing Co- Head R.E. C/O VORNADO REALTY TRUST, 888 7TH AVENUE, NEW YORK NY 10019
Haim Chera officer: EVP- Head of Retail C/O VORNADO REALTY TRUST, 888 7TH AVENUE, NEW YORK NY 10019
Joseph Macnow officer: Exec. VP--Finance, CFO
Matthew Iocco officer: EVP - Principal Accounting Off 888 7TH AVENUE, NEW YORK NY 10019
Mitchell N Schear officer: President - Smith Division
Mandakini Puri director C/O VALIDUS HOLDINGS, 48 PAR-LA-VILLE ROAD, SUITE 1790, HAMILTON HM11 D0 HM11
Daniel R Tisch director 460 PARK AVENUE, NEW YORK NY 10022
Wendy Silverstein officer: Exec VP-Capital Markets