SLG · Sl Green Realty Corp - Financials
Annual line items from SEC XBRL filings, sourced from EDGAR's Company Facts API with fallback to the quarterly Financial Statement Data Sets. See issuer overview for Form 4 activity and 10-K signals.
Income Statement
| Line item | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Revenue | $1.00B | $886.27M | $913.71M | $826.74M | $843.99M | $1.05B |
| Cost of Revenue | - | - | - | - | - | - |
| Gross Profit | - | - | - | - | - | - |
| R&D | - | - | - | - | - | - |
| SG&A | $89.31M | $85.19M | $111.39M | $93.80M | $94.91M | $91.83M |
| Total Operating Expenses | $189.60M | - | - | $174.06M | $167.15M | $183.20M |
| D&A | $262.77M | $214.06M | $255.65M | $223.12M | $228.29M | $325.46M |
| Operating Income | $651.93M | $730.63M | - | - | - | - |
| Interest Expense | $215.62M | $196.33M | $228.84M | $166.49M | $145.20M | $185.93M |
| Income Tax | - | $700.0K | $8.20M | $3.70M | $2.80M | $1.20M |
| Net Income | ($96.91M) | $22.01M | ($564.56M) | ($78.07M) | $449.75M | $371.06M |
| EPS - Basic | ($1.61) | $0.08 | ($9.12) | ($1.49) | $6.57 | $5.03 |
| EPS - Diluted | ($1.61) | $0.08 | ($9.12) | ($1.49) | $6.50 | $5.02 |
Balance Sheet
| Line item | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Cash & Equivalents | $155.75M | $184.29M | $221.82M | $203.27M | $251.42M | $266.06M |
| Accounts Receivable | - | - | - | - | - | - |
| Inventory | - | - | - | - | - | - |
| Accounts Payable | - | - | - | - | - | - |
| Current Assets | - | - | - | - | - | - |
| Total Assets | $11.08B | $10.47B | $9.53B | $12.36B | $11.07B | $11.71B |
| Current Liabilities | - | - | - | - | - | - |
| Long-term Debt | - | - | - | $3.23B | $1.39B | $1.98B |
| Total Liabilities | $6.73B | $5.92B | $5.27B | $7.26B | $5.75B | $6.21B |
| Stockholders' Equity | $3.67B | $3.95B | $3.79B | $4.59B | $4.76B | $4.91B |
| Retained Earnings | ($741.88M) | ($449.10M) | ($151.55M) | $651.14M | $975.78M | $1.02B |
Cash Flow
| Line item | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Operating Cash Flow | $82.91M | $129.59M | $229.50M | $276.09M | $255.98M | $554.24M |
| Investing Cash Flow | ($330.80M) | $118.75M | $171.34M | $425.81M | $993.58M | $1.06B |
| Financing Cash Flow | $252.75M | ($252.23M) | ($449.38M) | ($654.82M) | ($1.29B) | ($1.48B) |
| CapEx | - | - | - | - | - | - |
| Free Cash Flow | - | - | - | - | - | - |
Ratios
| Metric | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Profitability | ||||||
| Gross margin | - | - | - | - | - | - |
| Operating margin | 65.0% | 82.4% | - | - | - | - |
| EBITDA margin | 91.2% | 106.6% | - | - | - | - |
| Net margin | -9.7% | 2.5% | -61.8% | -9.4% | 53.3% | 35.2% |
| Free cash flow margin | - | - | - | - | - | - |
| FCF / Net income | - | - | - | - | - | - |
| R&D / Revenue | - | - | - | - | - | - |
| SG&A / Revenue | 8.9% | 9.6% | 12.2% | 11.3% | 11.2% | 8.7% |
| Effective tax rate | - | 3.1% | - | - | 0.6% | 0.3% |
| Return on assets | -0.9% | 0.2% | -5.9% | -0.6% | 4.1% | 3.2% |
| Return on equity | -2.6% | 0.6% | -14.9% | -1.7% | 9.4% | 7.6% |
| Return on invested capital | - | - | - | - | - | - |
| Liquidity | ||||||
| Current ratio | - | - | - | - | - | - |
| Quick ratio | - | - | - | - | - | - |
| Cash ratio | - | - | - | - | - | - |
| Leverage | ||||||
| Debt / Equity | - | - | - | 0.70 | 0.29 | 0.40 |
| Debt / Assets | - | - | - | 0.26 | 0.13 | 0.17 |
| Debt / EBITDA | - | - | - | - | - | - |
| Interest coverage | 3.0x | 3.7x | - | - | - | - |
| Equity multiplier | 3.02 | 2.65 | 2.52 | 2.69 | 2.32 | 2.38 |
| Liabilities / Assets | 0.61 | 0.56 | 0.55 | 0.59 | 0.52 | 0.53 |
| Efficiency | ||||||
| Asset turnover | 0.09 | 0.08 | 0.10 | 0.07 | 0.08 | 0.09 |
| Inventory turnover | - | - | - | - | - | - |
| Days sales outstanding | - | - | - | - | - | - |
| Days inventory outstanding | - | - | - | - | - | - |
| Days payable outstanding | - | - | - | - | - | - |
| Cash conversion cycle | - | - | - | - | - | - |
| Valuation | ||||||
| P / E | - | 849.0x | - | - | 11.4x | 12.6x |
| P / B | 0.9x | 1.1x | 0.8x | 0.5x | 1.1x | 1.0x |
| P / S | 3.2x | 5.0x | 3.4x | 2.8x | 6.2x | 4.6x |
| EV / EBITDA | 3.4x | 4.5x | - | - | - | - |
| Growth | ||||||
| Revenue growth (YoY) | 13.2% | -3.0% | 10.5% | -2.0% | -19.8% | -15.0% |
| Revenue CAGR (3y) | 6.7% | 1.6% | -4.6% | -12.6% | -11.7% | -11.4% |
| Revenue CAGR (5y) | -1.0% | -6.5% | -5.7% | -11.4% | -14.7% | -8.7% |
| Gross profit growth (YoY) | - | - | - | - | - | - |
| Operating income growth (YoY) | -10.8% | - | - | - | - | - |
| Net income growth (YoY) | - | - | -623.1% | - | 21.2% | 37.2% |
| EPS growth (YoY) | - | - | -512.1% | - | 29.5% | - |
| EPS CAGR (3y) | - | -76.9% | - | - | - | 79.4% |
| EPS CAGR (5y) | - | - | - | - | 22.7% | 13.2% |
| FCF growth (YoY) | - | - | - | - | - | - |
| FCF CAGR (5y) | - | - | - | - | - | - |
| Book value growth (YoY) | -7.1% | 4.4% | -17.4% | -3.8% | -3.0% | -9.8% |
Sales by segment
From XBRL dimensional facts in the 10-K period ending 2025-12-31.
Business segments
$1.00B totalReal Estate Segment$788.59M · 78.6%
SUMMITSegment$122.34M · 12.2%
Debt And Preferred Equity Segment$92.11M · 9.2%
Product / service
$12.90M totalManagement Service Base$12.90M · 100.0%
Stability scores
Piotroski F-score
FY 2025 · 9-point quality
3/9
Weak
- ✗Net income positive
- ✓Operating cash flow positive
- ✗ROA improved YoY
- ✓Cash flow > net income
- -Long-term debt decreased
- -Current ratio improved
- ✗No share dilution
- -Gross margin improved
- ✓Asset turnover improved
Peer comparison
Same SIC group: Real Estate Investment Trusts
Comparing SL GREEN REALTY CORP against the 5 most active filers in the same SIC group.
Dividends
$2.17/share trailing 12 months · -28.9% YoY
| Ex-date | Per share |
|---|---|
| Mar 31, 2026 | $0.6180 |
| Nov 28, 2025 | $0.2580 |
| Oct 31, 2025 | $0.2580 |
| Sep 30, 2025 | $0.2580 |
| Aug 29, 2025 | $0.2580 |
| Jul 31, 2025 | $0.2580 |
| Jun 30, 2025 | $0.2580 |
| May 30, 2025 | $0.2580 |
| Apr 30, 2025 | $0.2580 |
| Mar 31, 2025 | $0.2580 |
| Feb 28, 2025 | $0.2580 |
| Jan 31, 2025 | $0.2580 |
| Dec 31, 2024 | $0.2580 |
| Nov 29, 2024 | $0.2500 |
| Oct 31, 2024 | $0.2500 |
| Sep 30, 2024 | $0.2500 |
| Aug 30, 2024 | $0.2500 |
| Jul 31, 2024 | $0.2500 |
| Jun 28, 2024 | $0.2500 |
| May 31, 2024 | $0.2500 |
| Apr 29, 2024 | $0.2500 |
| Mar 27, 2024 | $0.2500 |
| Feb 28, 2024 | $0.2500 |
| Jan 30, 2024 | $0.2500 |