Seasonality
VNO seasonality — Vornado Realty Trust
Over the last 11 years, VNO's strongest month on average has been November (+6.6%) and its weakest March (-6.0%).
Average return by month
Month-by-month statistics
| Month | Avg | Median | Up % | Best | Worst | Yrs |
|---|---|---|---|---|---|---|
| Jan | +2.17% | +0.38% | 50% | +17.2% | -8.3% | 10 |
| Feb | -5.11% | -3.50% | 30% | +8.0% | -18.9% | 10 |
| Mar | -5.99% | -2.79% | 50% | +9.4% | -32.4% | 10 |
| Apr | +0.53% | -0.77% | 50% | +21.0% | -14.6% | 10 |
| May | -2.54% | -4.20% | 40% | +12.9% | -17.4% | 10 |
| Jun | +4.96% | +3.68% | 70% | +33.8% | -18.2% | 10 |
| Jul | +3.07% | +0.41% | 70% | +23.9% | -9.7% | 10 |
| Aug | -0.34% | -2.37% | 40% | +14.6% | -13.7% | 10 |
| Sep | -0.77% | -2.44% | 50% | +14.6% | -11.7% | 10 |
| Oct | -2.65% | -0.58% | 50% | +5.1% | -15.3% | 10 |
| Nov | +6.60% | +3.96% | 67% | +26.6% | -5.8% | 9 |
| Dec | -1.27% | -0.81% | 50% | +20.0% | -17.7% | 10 |
Monthly returns heat map — VNO
price return, %| Year | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Year |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | -4.2 | -13.5 | -5.8 | 15.0 | 12.9 | 16.4 | 0.2 | -5.1 | -9.4 | 2.0 | 3.7 | +7.6% | |
| 2025 | 2.9 | -2.8 | -12.0 | -4.6 | 6.8 | 1.5 | 0.5 | -1.0 | 6.6 | -6.4 | -3.0 | -9.6 | -20.8% |
| 2024 | -3.8 | -3.3 | 9.4 | -9.5 | -5.8 | 7.2 | 14.1 | 14.6 | 14.6 | 5.1 | 4.0 | -2.4 | +48.8% |
| 2023 | 17.2 | -18.9 | -22.3 | -2.3 | -9.7 | 33.8 | 23.9 | 6.8 | -5.6 | -15.3 | 22.6 | 20.0 | +35.8% |
| 2022 | -2.0 | 5.5 | 4.7 | -14.6 | -9.7 | -18.2 | 6.3 | -13.7 | -11.7 | 1.9 | 7.2 | -17.7 | -50.3% |
| 2021 | 6.5 | 8.0 | 5.7 | 0.8 | 3.3 | -1.3 | -6.8 | -3.7 | 0.3 | 1.5 | -5.8 | 4.3 | +12.1% |
| 2020 | -1.1 | -18.5 | -32.4 | 21.0 | -17.4 | 5.5 | -9.7 | 3.8 | -5.9 | -8.8 | 26.6 | -4.0 | -43.9% |
| 2019 | 12.7 | -3.7 | 0.2 | 2.5 | -4.2 | -3.2 | 0.3 | -6.0 | 5.3 | 3.1 | -1.6 | 3.0 | +7.2% |
| 2018 | -8.3 | -7.3 | 1.2 | 1.1 | 2.5 | 6.0 | -2.7 | 7.1 | -5.2 | -6.7 | 5.7 | -13.8 | -20.7% |
| 2017 | 1.9 | 3.4 | -8.7 | -4.1 | -4.2 | 1.8 | 4.5 | -6.1 | 3.2 | -2.6 | 3.7 | 0.7 | -7.3% |
| 2016 | 6.8 |