What is SL Green Realty Corp.'s earnings per share (EPS)?

SL Green Realty Corp. (SLG) reported diluted earnings per share of -$1.61 for fiscal year 2025. EPS represents the portion of a company's net income allocated to each outstanding share of common stock and is widely used to evaluate profitability on a per-share basis.

SL Green Realty Corp. (SLG) Financials

SLG

Trailing 12 months to March 31, 2026

Revenue $1.0B +8.3% YoY

Net Income -$160.2M -3911.9% YoY

EPS (Diluted) -$2.51 -512.2% YoY

Operating Cash Flow $58.6M -63.6% YoY

Market Cap $3.8B as of Oct 8, 2026

Price / Sales 3.7x on $1.0B revenue, trailing 12 months to March 31, 2026

Price / Earnings n/m net loss, so no earnings multiple, trailing 12 months to March 31, 2026

Price / Book 1.1x on $3.5B equity, Q1 FY2026

A multiple compares the market's price with a filed figure; it says what the market pays, not how the business is doing. The market capitalization is the vendor's as of Oct 8, 2026; every other figure is from the SEC filings on this page. Not financial advice.

Source SEC Filings (10-K/10-Q) Latest period Q1 FY2026, ended Mar 31, 2026 Reported May 1, 2026 Currency USD FYE December

Newest figures come from the 10-Q for Q1 FY2026, filed May 1, 2026. Each column of the statement tables below links to the filing it was taken from, and every filing is listed on the SLG SEC filings page.

SL Green Realty Corp. (SLG) reported $1.0B in revenue over the twelve months to Mar 31, 2026, up 8.3% from the prior twelve months. This page shows its income statement, balance sheet, cash flow statement, and key financial ratios. View 15 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).

Rhea AI SLG FY2025 2026-10-03

The business remains cash-generative, but FY2025 paired weaker cash conversion with a more leveraged balance sheet.

Revenue growth rose 13.0%, but operating cash flow fell 36.0%; expansion therefore did not convert proportionally into cash. The simultaneous swing from a small profit to a net loss indicates reported growth did not deliver steadier underlying earnings.

The balance sheet is becoming more leveraged: debt-to-equity reached 1.8x from 1.5x. Total liabilities were $6.7B against $11.1B of assets, making financing structure more informative than revenue margins for this asset-heavy business.

Operating cash flow of $82.9M covered only about one-third of the $242.6M paid in dividends in FY2025, so distributions exceeded cash produced by operations. The gap was already present in FY2024, when operating cash flow was $129.6M against $218.8M of dividends.

Financial Health Signals

Financial Health Score 27/100

Scored as: REITs peer group

Scored against REITs for FY2025. Each of the six dimensions is a percentile rank within that peer group; the overall is their average, with missing dimensions counted as zero out of six. A high score means strong standing among peers, not absolute cross-industry strength. How this score is calculated →

Health score ≠ stock price. This rates the quality of SL Green Realty Corp.'s business: profitability, growth, balance sheet strength. It doesn't tell you whether the stock is a good buy at today's price. Not financial advice. Use it alongside valuation analysis and your own research.

FFO Margin

FFO Margin measures funds from operations against revenue, and funds from operations is net income with property depreciation added back, since a building written down a little further every year on paper is often worth more rather than less. SL Green Realty Corp. scores 29/100 on it among other REITs.

FFO Growth

FFO Growth follows the three-year path of funds from operations, which is net income with property depreciation added back. SL Green Realty Corp. scores 9/100 on it among other REITs.

Leverage

Not available for SL Green Realty Corp., and counted as zero in the overall score.

Interest Cov.

SL Green Realty Corp.'s operating income of $651.9M covered its interest expense of $215.6M 3.02 times over in fiscal year 2025. The interest coverage axis ranks REITs on operating income against interest owed, and SL Green Realty Corp. scores 71/100 among other REITs.

AFFO Margin

AFFO Margin takes funds from operations, subtracts the spending a REIT needs just to keep its properties in working order, and measures what is left against revenue. SL Green Realty Corp. scores 34/100 on it among other REITs.

Dividend Cov.

Dividend coverage measures funds from operations against the dividends actually paid, and a figure above 1 means the payout came out of operations. SL Green Realty Corp. scores 16/100 on it among other REITs.

Piotroski F-Score Partial

3/6

SL Green Realty Corp. passes 3 of 6 computable financial strength tests (3 of the nine could not be computed from available data). 2 of 4 profitability signals pass, no leverage/liquidity signals pass (rising debt, declining liquidity, or share dilution), both operating efficiency signals pass.

Earnings Quality Mixed

N/A

SL Green Realty Corp. reported a net loss of $96.9M while generating $82.9M in operating cash flow. Operations generated cash despite the loss, but with no positive earnings behind it, the ratio between the two carries no quality signal.

Interest Coverage Adequate

3.02x

SL Green Realty Corp. earns $3.02 in operating income for every $1 of interest expense ($651.9M vs $215.6M). This adequate coverage means the company can meet its interest obligations, but has limited cushion if earnings fall.

Key Financial Metrics

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Earnings & Revenue

Revenue

$253.1M

YoY+5.5%

QoQ-8.5%

5Y CAGR+2.3%

10Y CAGR-5.7%

SL Green Realty Corp. generated $253.1M in revenue in Q1 2026. This represents an increase of 5.5% from the same quarter a year earlier. Against the prior quarter it is down 8.5%.

EBITDA

$215.0M

YoY+7.2%

QoQ-14.8%

SL Green Realty Corp.'s EBITDA was $215.0M in Q1 2026, measuring earnings before interest, taxes, depreciation, and amortization. This represents an increase of 7.2% from the same quarter a year earlier. Against the prior quarter it is down 14.8%.

Net Income

-$80.7M

YoY-365.2%

QoQ+20.0%

SL Green Realty Corp. reported -$80.7M in net income in Q1 2026. This represents a decrease of 365.2% from the same quarter a year earlier. Against the prior quarter it is up 20.0%.

EPS (Diluted)

-$1.20

YoY-300.0%

QoQ+19.5%

SL Green Realty Corp. earned -$1.20 per diluted share (EPS) in Q1 2026. This represents a decrease of 300.0% from the same quarter a year earlier. Against the prior quarter it is up 19.5%.

Cash & Balance Sheet

Cash & Debt

$143.9M

YoY-20.1%

QoQ-7.6%

5Y CAGR-14.0%

10Y CAGR-7.6%

SL Green Realty Corp. held $143.9M in cash as of Q1 2026; long-term debt is not reported for that period.

Dividends Per Share

$0.62

YoY-20.1%

QoQ-19.9%

5Y CAGR-7.4%

SL Green Realty Corp. paid $0.62 per share in dividends in Q1 2026. This represents a decrease of 20.1% from the same quarter a year earlier. Against the prior quarter it is down 19.9%.

Shares Outstanding

71M

YoY+0.2%

QoQ+0.1%

5Y CAGR+0.5%

10Y CAGR-3.4%

SL Green Realty Corp. had 71M shares outstanding in Q1 2026. This represents an increase of 0.2% from the same quarter a year earlier. Against the prior quarter it is up 0.1%.

Free Cash Flow

Not reported for Q1 2026.

Margins & Returns

Operating Margin

57.4%

YoY+0.7pp

QoQ-6.8pp

SL Green Realty Corp.'s operating margin was 57.4% in Q1 2026, reflecting core business profitability. This is up 0.7 percentage points from the same quarter a year earlier. Against the prior quarter it is down 6.8 percentage points.

Net Margin

-31.9%

YoY-24.6pp

QoQ+4.6pp

5Y change-30.2pp

10Y change-37.8pp

SL Green Realty Corp.'s net profit margin was -31.9% in Q1 2026, showing the share of revenue converted to profit. This is down 24.6 percentage points from the same quarter a year earlier. Against the prior quarter it is up 4.6 percentage points.

Return on Equity

-2.3%

YoY-1.8pp

QoQ+0.5pp

5Y change-2.2pp

10Y change-2.7pp

SL Green Realty Corp.'s ROE was -2.3% in Q1 2026, measuring profit generated per dollar of shareholder equity. This is down 1.8 percentage points from the same quarter a year earlier. Against the prior quarter it is up 0.5 percentage points.

Gross Margin

Not reported for Q1 2026.

Capital Allocation

None of these metrics is reported for Q1 2026.

SLG Income Statement

Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.

SLG quarterly income statement

Metric	TTM	FY2510-K	FY2410-K	FY2310-K	FY2210-K	FY2110-K	FY2010-K	FY1910-K	FY1810-K	FY1710-K	FY1610-K	FY1510-K	FY1410-K	FY1310-K	FY1210-K	FY1110-K
Revenue	$1.0B	$1.0B+13.2%	$886.3M-3.0%	$913.7M-0.6%	$919.5M+6.8%	$861.3M-18.2%	$1.1B-15.0%	$1.2B+0.9%	$1.2B-18.8%	$1.5B-18.9%	$1.9B+12.1%	$1.7B+9.4%	$1.5B+10.9%	$1.4B+6.3%	$1.3B+3.5%	$1.2B
SG&A Expenses	$90.4M	$89.3M+4.8%	$85.2M-23.5%	$111.4M+18.8%	$93.8M-1.2%	$94.9M+3.4%	$91.8M-9.0%	$100.9M+8.9%	$92.6M-7.8%	$100.5M+0.7%	$99.8M+5.2%	$94.9M+2.6%	$92.5M+7.3%	$86.2M+4.0%	$82.8M+3.4%	$80.1M
Operating Income	$661.2M	$651.9M-10.8%	$730.6M+22.0%	$598.7M-1.1%	$605.6M	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
EBITDA	N/A	$914.7M-3.2%	$944.7M+10.6%	$854.3M+3.0%	$829.6M	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Interest Expense	$210.4M	$215.6M+9.8%	$196.3M-14.2%	$228.8M+37.4%	$166.5M+14.7%	$145.2M-21.9%	$185.9M-24.7%	$246.8M+4.3%	$236.7M-7.9%	$257.0M-20.0%	$321.2M-0.8%	$323.9M-5.5%	$342.6M+9.5%	$312.9M+0.5%	$311.2M+8.3%	$287.3M
Income Tax	N/A	N/A	$700K-92.4%	$9.2M+253.8%	$2.6M-7.1%	$2.8M+133.3%	$1.2M-20.0%	$1.5M-46.4%	$2.8M-34.9%	$4.3M+53.6%	$2.8M-9.7%	$3.1M-60.3%	$7.8M+77.3%	$4.4M	$0	$0
Net Income	-$160.2M	-$96.9M-420.7%	$30.2M+105.0%	-$599.3M-685.5%	-$76.3M-115.9%	$480.6M+29.5%	$371.1M+37.2%	$270.4M+9.4%	$247.3M+143.9%	$101.4M-59.4%	$249.9M-12.0%	$284.1M-45.2%	$518.1M+282.7%	$135.4M-31.1%	$196.4M-69.7%	$647.4M
EPS (Basic)	N/A	-$1.61-2112.5%	$0.08+100.9%	-$9.12-512.1%	-$1.49-122.7%	$6.57+30.6%	$5.03+52.9%	$3.29+19.6%	$2.75+212.5%	$0.88-62.6%	$2.35-13.3%	$2.71-48.4%	$5.25+377.3%	$1.10-37.1%	$1.75-76.3%	$7.37
EPS (Diluted)	-$2.51	-$1.61	$0.08	-$9.12-512.1%	-$1.49-122.9%	$6.50+29.7%	$5.01+52.7%	$3.28+19.3%	$2.75+216.1%	$0.87-62.8%	$2.34-13.3%	$2.70-48.4%	$5.23+375.5%	$1.10-36.8%	$1.74-76.3%	$7.33
Diluted Shares (Avg)	N/A	70M	66M	68M+0.1%	68M-4.0%	71M-5.7%	75M-8.3%	82M-8.1%	89M-13.9%	103M-1.4%	105M+1.1%	104M+4.1%	100M+4.7%	95M+2.6%	93M+7.7%	86M

Metric	Q1'2610-Q	Q4'2510-Q	Q3'2510-Q	Q2'2510-Q	Q1'2510-Q	Q4'2410-K	Q3'2410-Q	Q2'2410-Q
Revenue	$253.1M+5.5%	$276.5M+12.4%	$244.8M+6.6%	$241.9M+8.6%	$239.8M+27.7%	$245.9M+16.1%	$229.7M+9.3%	$222.8M-9.4%
SG&A Expenses	$22.8M+4.9%	$22.3M-2.3%	$23.7M+12.8%	$21.6M+7.7%	$21.7M+1.9%	$22.8M-46.0%	$21.0M-8.1%	$20.0M-12.8%
Operating Income	$145.3M+6.8%	$177.4M+20.7%	$209.3M+40.0%	$129.3M-26.7%	$136.0M-47.2%	$147.0M	$149.4M	$176.5M
EBITDA	$215.0M+7.2%	$252.3M+22.7%	$272.5M+34.5%	$189.4M-17.2%	$200.5M-34.9%	$205.5M	$202.6M	$228.7M
Interest Expense	-$50.9M-11.4%	$353.9M+659.0%	-$47.2M-192.0%	-$45.3M-191.5%	-$45.7M-193.5%	$46.6M+3.2%	$51.3M-2.9%	$49.5M-24.9%
Income Tax	N/A	N/A	-$100K-109.1%	$1.2M+33.3%	$500K-28.6%	-$2.0M-151.3%	$1.1M-56.0%	$900K-55.0%
Net Income	-$80.7M-365.2%	-$100.8M-573.3%	$28.6M+399.9%	-$7.4M-566.4%	-$17.3M-202.7%	$21.3M+111.4%	-$9.5M+52.8%	$1.6M+100.4%
EPS (Basic)	-$1.20-300.0%	-$1.49-1164.3%	$0.35+266.7%	-$0.16-300.0%	-$0.30-250.0%	$0.14+105.6%	-$0.21+44.7%	-$0.04+99.3%
EPS (Diluted)	-$1.20-300.0%	-$1.49	$0.34	-$0.16-300.0%	-$0.30-250.0%	$0.14	-$0.21+44.7%	-$0.04+99.3%
Diluted Shares (Avg)	71M+0.4%	N/A	71M	70M+2.5%	70M+0.5%	N/A	64M-5.7%	69M+0.6%

Not reported in any period shown, so not listed: Cost of Revenue, Gross Profit, R&D Expenses.

SLG Balance Sheet

SLG quarterly balance sheet

Metric	FY2510-K	FY2410-K	FY2310-K	FY2210-K	FY2110-K	FY2010-K	FY1910-K	FY1810-K	FY1710-K	FY1610-K	FY1510-K	FY1410-K	FY1310-K	FY1210-K	FY1110-K
Total Assets	$11.1B+5.9%	$10.5B+9.9%	$9.5B-22.9%	$12.4B+11.6%	$11.1B-5.5%	$11.7B-8.3%	$12.8B+0.1%	$12.8B-8.8%	$14.0B-11.8%	$15.9B-19.6%	$19.7B+15.4%	$17.1B+14.3%	$15.0B+4.0%	$14.4B+6.7%	$13.5B
Cash & Equivalents	$155.7M-15.5%	$184.3M-16.9%	$221.8M+9.1%	$203.3M-19.1%	$251.4M-5.5%	$266.1M+60.2%	$166.1M+28.3%	$129.5M+1.2%	$127.9M-54.2%	$279.4M+9.4%	$255.4M-9.2%	$281.4M+36.1%	$206.7M+8.8%	$190.0M+37.5%	$138.2M
Short-Term Investments	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0
Long-Term Investments	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0
Total Liabilities	$6.7B+13.8%	$5.9B+12.2%	$5.3B-27.4%	$7.3B+26.3%	$5.7B-7.5%	$6.2B-5.3%	$6.6B+7.2%	$6.1B-7.8%	$6.6B-9.6%	$7.3B-35.1%	$11.3B+24.2%	$9.1B+19.3%	$7.6B+5.7%	$7.2B+5.6%	$6.8B
Long-Term Debt	N/A	N/A	N/A	$3.2B+131.5%	$1.4B-29.6%	$2.0B-9.3%	$2.2B+11.3%	$2.0B-30.9%	$2.8B-30.4%	$4.1B-61.0%	$10.5B+23.5%	$8.5B+21.5%	$7.0B+206.9%	-$6.5B-7.0%	-$6.1B
Total Equity	$3.7B-7.1%	$4.0B+4.4%	$3.8B-17.4%	$4.6B-3.8%	$4.8B-3.0%	$4.9B-9.8%	$5.4B-7.8%	$5.9B-5.2%	$6.2B-15.0%	$7.3B+0.5%	$7.3B+5.0%	$6.9B+6.3%	$6.5B+1.6%	$6.4B+7.4%	$6.0B
Retained Earnings	-$741.9M-65.2%	-$449.1M-196.3%	-$151.6M-123.3%	$651.1M-33.3%	$975.8M-3.9%	$1.0B-6.4%	$1.1B-15.2%	$1.3B+12.3%	$1.1B-27.8%	$1.6B-3.9%	$1.6B+2.2%	$1.6B+8.9%	$1.5B-5.2%	$1.6B-8.7%	$1.7B

Metric	Q1'2610-Q	Q4'2510-Q	Q3'2510-Q	Q2'2510-Q	Q1'2510-Q	Q4'2410-K	Q3'2410-Q	Q2'2410-Q
Total Assets	$11.8B+3.1%	$11.1B+5.9%	$11.1B+9.1%	$11.3B+17.8%	$11.4B+16.9%	$10.5B+9.9%	$10.2B+5.4%	$9.5B-4.9%
Cash & Equivalents	$143.9M-20.1%	$155.7M-15.5%	$187.0M-0.6%	$182.9M-8.3%	$180.1M-8.1%	$184.3M-16.9%	$188.2M-0.8%	$199.5M+3.9%
Short-Term Investments	$0	$0	$0	$0	$0	$0	$0	$0
Long-Term Investments	$0	$0	$0	$0	$0	$0	$0	$0
Total Liabilities	$7.4B+6.1%	$6.7B+13.8%	$6.7B+9.9%	$6.9B+28.6%	$7.0B+26.3%	$5.9B+12.2%	$6.1B+18.7%	$5.4B-1.9%
Total Equity	$3.5B-7.8%	$3.7B-7.1%	$3.8B+6.1%	$3.8B+2.7%	$3.8B+2.7%	$4.0B+4.4%	$3.6B-12.0%	$3.7B-9.8%
Retained Earnings	-$892.9M-66.1%	-$741.9M-65.2%	-$634.7M-68.6%	-$613.1M-119.2%	-$537.6M-134.1%	-$449.1M-196.3%	-$376.4M-703.2%	-$279.8M-306.4%

Not reported in any period shown, so not listed: Current Assets, Inventory, Accounts Receivable, Goodwill, Current Liabilities, Non-Current Liabilities, Long-Term Debt.

SLG Cash Flow Statement

SLG quarterly cash flow statement

Metric	TTM	FY2510-K	FY2410-K	FY2310-K	FY2210-K	FY2110-K	FY2010-K	FY1910-K	FY1810-K	FY1710-K	FY1610-K	FY1510-K	FY1410-K	FY1310-K	FY1210-K	FY1110-K
Operating Cash Flow	$58.6M	$82.9M-36.0%	$129.6M-43.5%	$229.5M-16.9%	$276.1M+7.9%	$256.0M-53.8%	$554.2M+47.2%	$376.5M-14.7%	$441.5M-18.7%	$543.0M-15.7%	$644.0M+22.3%	$526.5M+7.4%	$490.4M+27.0%	$386.2M+11.4%	$346.8M+12.9%	$307.1M
Depreciation & Amortization	N/A	$262.8M+22.8%	$214.1M-16.3%	$255.6M+14.1%	$224.0M-1.9%	$228.4M-29.8%	$325.5M+14.6%	$284.0M-2.0%	$289.9M-30.8%	$418.8M-50.5%	$845.6M+43.8%	$588.2M+47.1%	$400.0M+11.9%	$357.6M+1.7%	$351.5M+20.3%	$292.3M
Capital Expenditures	N/A	N/A	N/A	N/A	N/A	N/A	N/A	$253.0M-0.6%	$254.5M-24.3%	$336.0M-18.4%	$411.9M+1.4%	$406.4M+9.9%	$369.9M+88.2%	$196.6M+32.7%	$148.1M-6.9%	$159.1M
Free Cash Flow	N/A	N/A	N/A	N/A	N/A	N/A	N/A	$123.5M-34.0%	$187.1M-9.6%	$207.0M-10.8%	$232.1M+93.3%	$120.0M-0.4%	$120.5M-36.5%	$189.6M-4.5%	$198.6M+34.2%	$148.0M
Investing Cash Flow	-$846.9M	-$330.8M-378.6%	$118.8M-30.7%	$171.3M-59.8%	$425.8M-57.1%	$993.6M-5.9%	$1.1B+822.7%	$114.5M-83.2%	$681.7M+2996.5%	$22.0M-98.9%	$2.0B+187.1%	-$2.3B-184.4%	-$796.8M-26.8%	-$628.4M+46.0%	-$1.2B-58.5%	-$733.9M
Financing Cash Flow	$789.9M	$252.8M+200.2%	-$252.2M+43.9%	-$449.4M+31.4%	-$654.8M+49.1%	-$1.3B+13.1%	-$1.5B-179.8%	-$528.6M+51.7%	-$1.1B-59.7%	-$685.0M+75.0%	-$2.7B-259.7%	$1.7B+349.5%	$381.2M+47.2%	$258.9M-70.2%	$868.4M+274.2%	$232.1M
Dividends Paid	$185.3M	$242.6M+10.9%	$218.8M-5.2%	$230.9M-11.9%	$262.1M-3.3%	$271.1M-7.8%	$294.0M-4.0%	$306.4M-2.2%	$313.2M-6.1%	$333.5M+6.2%	$314.1M+22.0%	$257.4M+24.4%	$207.0M+39.5%	$148.4M+22.4%	$121.2M+89.8%	$63.9M
Share Buybacks	N/A	N/A	$0	$0-100.0%	$151.2M-55.7%	$341.4M-35.4%	$528.5M+37.5%	$384.4M-60.8%	$979.5M+21.5%	$806.3M	$0	$0	N/A	N/A	$14.2M+157.9%	$5.5M

Metric	Q1'2610-Q	Q4'2510-Q	Q3'2510-Q	Q2'2510-Q	Q1'2510-Q	Q4'2410-K	Q3'2410-Q	Q2'2410-Q
Operating Cash Flow	-$17.6M-362.1%	$28.5M-51.0%	-$6.8M-140.5%	$54.5M-31.4%	$6.7M+127.2%	$58.2M+20.8%	$16.7M-78.4%	$79.4M+28.8%
Depreciation & Amortization	$69.8M+8.1%	$69.7M+26.4%	$63.2M+18.9%	$60.2M+15.1%	$64.5M+28.7%	$55.2M+9.1%	$53.2M+5.0%	$52.2M-24.6%
Investing Cash Flow	-$692.4M-292.8%	-$289.7M-285.4%	$3.4M+102.1%	$131.8M+5.0%	-$176.3M-4647.5%	$156.2M+255.7%	-$159.3M-151.3%	$125.5M+356.4%
Financing Cash Flow	$712.1M+307.0%	$240.7M+221.6%	$17.6M-87.6%	-$180.5M+13.1%	$175.0M+1439.1%	-$197.9M-352.5%	$141.9M+136.4%	-$207.6M-53.4%
Dividends Paid	$2.8M-95.3%	$61.7M+10.0%	$60.6M+11.5%	$60.2M+10.8%	$60.2M+11.2%	$56.0M-3.4%	$54.3M-6.2%	$54.3M-5.7%

Not reported in any period shown, so not listed: Stock-Based Compensation, Capital Expenditures, Free Cash Flow, Share Buybacks.

SLG Financial Ratios

Margins and returns are percentages; the remaining ratios are unitless multiples. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.

SLG quarterly financial ratios

Metric	FY2510-K	FY2410-K	FY2310-K	FY2210-K	FY2110-K	FY2010-K	FY1910-K	FY1810-K	FY1710-K	FY1610-K	FY1510-K	FY1410-K	FY1310-K	FY1210-K	FY1110-K
Operating Margin	65.0%-17.4pp	82.4%+16.9pp	65.5%-0.3pp	65.9%	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Net Margin	-9.7%-13.1pp	3.4%+69.0pp	-65.6%-57.3pp	-8.3%-64.1pp	55.8%+20.6pp	35.3%+13.4pp	21.8%+1.7pp	20.2%+13.4pp	6.7%-6.7pp	13.4%-3.7pp	17.1%-17.0pp	34.1%+24.2pp	9.9%-5.4pp	15.2%-36.7pp	51.9%
Return on Equity	-2.6%-3.4pp	0.8%+16.6pp	-15.8%-14.2pp	-1.7%-11.8pp	10.1%+2.5pp	7.6%+2.6pp	5.0%+0.8pp	4.2%+2.6pp	1.6%-1.8pp	3.4%-0.5pp	3.9%-3.6pp	7.5%+5.4pp	2.1%-1.0pp	3.1%-7.8pp	10.8%
Return on Assets	-0.9%-1.2pp	0.3%+6.6pp	-6.3%-5.7pp	-0.6%-5.0pp	4.3%+1.2pp	3.2%+1.0pp	2.1%+0.2pp	1.9%+1.2pp	0.7%-0.9pp	1.6%+0.1pp	1.4%-1.6pp	3.0%+2.1pp	0.9%-0.5pp	1.4%-3.4pp	4.8%
Debt-to-Equity	1.83+0.3x	1.50+0.1x	1.39+0.7x	0.70+0.4x	0.29-0.1x	0.400.0x	0.40+0.1x	0.33-0.1x	0.46-0.1x	0.56-0.9x	1.44+0.2x	1.22+0.2x	1.07	N/A	N/A
Asset Turnover	0.090.0x	0.080.0x	0.100.0x	0.070.0x	0.080.0x	0.090.0x	0.100.0x	0.100.0x	0.110.0x	0.120.0x	0.080.0x	0.090.0x	0.090.0x	0.090.0x	0.09
FCF Margin	N/A	N/A	N/A	N/A	N/A	N/A	10.0%-5.3pp	15.2%+1.5pp	13.7%+1.3pp	12.4%+5.2pp	7.2%-0.7pp	7.9%-5.9pp	13.8%-1.6pp	15.4%+3.5pp	11.9%

Metric	Q1'2610-Q	Q4'2510-Q	Q3'2510-Q	Q2'2510-Q	Q1'2510-Q	Q4'2410-K	Q3'2410-Q	Q2'2410-Q
Operating Margin	57.4%+0.7pp	64.2%+4.4pp	85.5%+20.4pp	53.4%-25.8pp	56.7%	59.8%	65.1%	79.2%
Net Margin	-31.9%-24.6pp	-36.5%-45.1pp	11.7%+15.8pp	-3.0%-3.8pp	-7.2%-16.2pp	8.7%+96.8pp	-4.2%+5.5pp	0.7%
Return on Equity	-2.3%-1.8pp	-2.7%-3.3pp	0.8%+1.0pp	-0.2%-0.2pp	-0.4%-0.9pp	0.5%+5.5pp	-0.3%+0.2pp	0.0%+8.8pp
Return on Assets	-0.7%-0.5pp	-0.9%-1.1pp	0.3%+0.3pp	-0.1%-0.1pp	-0.1%-0.3pp	0.2%+2.2pp	-0.1%+0.1pp	0.0%+3.6pp
Debt-to-Equity	2.09+0.3x	1.83+0.3x	1.79+0.1x	1.82+0.4x	1.82+0.3x	1.50+0.1x	1.73+0.4x	1.45+0.1x
Asset Turnover	0.020.0x	0.020.0x	0.020.0x	0.020.0x	0.020.0x	0.020.0x	0.020.0x	0.020.0x

Not reported in any period shown, so not listed: Gross Margin, Current Ratio, FCF Margin.

Similar Companies

Newest fiscal year on record for each company. The health score is the peer-relative Financial Health Score for that year; a dash means no score is published for it.

Company	Fiscal year	Revenue	Net income	Net margin	Market cap	Health score
SL Green Realty Corp. SLG	FY2025	$1.0B	-$96.9M	-9.7%	$3.8B	27/100
Cousins Properties Inc. CUZ	FY2025	$993.8M	$40.5M	4.1%	$4.5B	71/100
Kilroy Realty Corp. KRC	FY2025	$1.1B	$303	0.0%	$4.0B	34/100
Douglas Emmett, Inc. DEI	FY2025	$1.0B	$16.3M	1.6%	$1.7B	44/100
COPT Defense Properties CDP	FY2025	$763.9M	$159.5M	20.9%	$3.8B	50/100
Vornado Realty Trust VNO	FY2025	$1.8B	$937.0M	51.8%	$6.3B	59/100

Where SL Green Realty Corp. Ranks

Frequently Asked Questions

What is SL Green Realty Corp.'s annual revenue?

SL Green Realty Corp. (SLG) reported $1.0B in total revenue for fiscal year 2025. This represents a 13.2% change compared to the previous fiscal year. Revenue measures the total income earned from the company's primary business operations before any expenses are deducted.

How fast is SL Green Realty Corp.'s revenue growing?

SL Green Realty Corp. (SLG) revenue grew by 13.2% year-over-year, from $886.3M to $1.0B in fiscal year 2025.

Is SL Green Realty Corp. profitable?

No, SL Green Realty Corp. (SLG) reported a net income of -$96.9M in fiscal year 2025, with a net profit margin of -9.7%.

What is SL Green Realty Corp.'s EBITDA?

SL Green Realty Corp. (SLG) had EBITDA of $914.7M in fiscal year 2025, measuring earnings before interest, taxes, depreciation, and amortization.

What is SL Green Realty Corp.'s operating margin?

SL Green Realty Corp. (SLG) had an operating margin of 65.0% in fiscal year 2025, reflecting the profitability of core business operations before interest and taxes.

What is SL Green Realty Corp.'s net profit margin?

SL Green Realty Corp. (SLG) had a net profit margin of -9.7% in fiscal year 2025, representing the share of revenue converted into profit after all expenses.

Does SL Green Realty Corp. pay dividends?

Yes, SL Green Realty Corp. (SLG) paid $3.09 per share in dividends during fiscal year 2025.

What is SL Green Realty Corp.'s return on equity (ROE)?

SL Green Realty Corp. (SLG) has a return on equity of -2.6% for fiscal year 2025, measuring how efficiently the company generates profit from shareholder equity.

What is SL Green Realty Corp.'s operating cash flow?

SL Green Realty Corp. (SLG) generated $82.9M in operating cash flow during fiscal year 2025, representing cash generated from core business activities.

What are SL Green Realty Corp.'s total assets?

SL Green Realty Corp. (SLG) had $11.1B in total assets as of fiscal year 2025, including both current and long-term assets.

How many shares does SL Green Realty Corp. have outstanding?

SL Green Realty Corp. (SLG) had 71M shares outstanding as of fiscal year 2025.

What is SL Green Realty Corp.'s debt-to-equity ratio?

SL Green Realty Corp. (SLG) had a debt-to-equity ratio of 1.83 as of fiscal year 2025, measuring the company's financial leverage by comparing total debt to shareholder equity.

What is SL Green Realty Corp.'s return on assets (ROA)?

SL Green Realty Corp. (SLG) had a return on assets of -0.9% for fiscal year 2025, measuring how efficiently the company uses its assets to generate profit.

What is SL Green Realty Corp.'s P/E ratio?

SL Green Realty Corp. (SLG) has no price-to-earnings ratio at the moment: net loss, so no earnings multiple (trailing 12 months to March 31, 2026). The market capitalization is $3.8B as of Oct 8, 2026; a multiple compares that price with a filed figure and says nothing about the quality of the business.

What is SL Green Realty Corp.'s price-to-sales ratio?

SL Green Realty Corp. (SLG) trades at 3.7x sales, its market capitalization divided by revenue of $1.0B revenue, trailing 12 months to March 31, 2026. The market capitalization is $3.8B as of Oct 8, 2026; a multiple compares that price with a filed figure and says nothing about the quality of the business.

What is SL Green Realty Corp.'s Piotroski F-Score?

SL Green Realty Corp. (SLG) has a Piotroski F-Score of 3 out of 6 computable signals; 3 of the nine could not be computed from available data, so the full-scale strength rating is not shown. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7 to 9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.

Are SL Green Realty Corp.'s earnings high quality?

SL Green Realty Corp. (SLG) reported a net loss of $96.9M while generating $82.9M in operating cash flow. Operations generated cash despite the loss, but with no positive earnings behind it, the ratio between the two carries no quality signal. This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation. Learn more in our complete guide to financial health indicators.

Can SL Green Realty Corp. cover its interest payments?

SL Green Realty Corp. (SLG) has an interest coverage ratio of 3.02x, meaning it can adequately cover its interest obligations. This ratio divides operating income by interest expense. Ratios above 5x indicate strong debt-servicing ability, while ratios below 2x suggest the company may face difficulty meeting interest payments if earnings decline. Learn more in our complete guide to financial health indicators.

How financially healthy is SL Green Realty Corp.?

SL Green Realty Corp. (SLG) scores 27 out of 100 on our Financial Health Score, indicating weak standing within its REITs peer group. The score is a 0-100 composite of six dimensions (FFO Margin, FFO Growth, Leverage, Interest Cov., AFFO Margin, Dividend Cov.), each ranked as a percentile relative to companies in the same scoring family (banks against banks, REITs against REITs, and so on) rather than across all industries. It rates the quality of the business, not whether the stock is fairly priced, and is not financial advice. Learn more in our complete guide to financial health indicators.