SL Green Realty (SLG) Financials

$58.27 -0.16 (-0.27%)

As of 05/20/2025 03:58 PM Eastern

Annual Income Statements for SL Green Realty

This table shows SL Green Realty's income and expenses over time, based on annual financial data. All values are USD millions unless otherwise specified.

Metric	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
Period end date	12/31/2024	12/31/2023	12/31/2022	12/31/2021	12/31/2020	12/31/2019	12/31/2018	12/31/2017	12/31/2016	12/31/2015
Net Income / (Loss) Attributable to Common Shareholders	7.06	-580	-93	435	356	255	232	86	-838	269
Consolidated Net Income / (Loss)	30	-599	-76	481	415	291	271	101	279	317
Net Income / (Loss) Continuing Operations	30	-599	-76	481	379	291	271	101	-795	303
Total Pre-Tax Income	27	-567	8.18	536	379	326	302	5.94	-795	127
Total Operating Income	28	-322	164	144	59	388	386	244	-850	382
Total Gross Profit	775	812	830	819	1,017	1,206	1,227	1,478	343	1,630
Total Revenue	886	914	919	861	1,053	1,239	1,227	1,511	1,864	1,663
Operating Revenue	886	914	919	861	1,053	1,239	1,227	1,511	343	1,663
Total Cost of Revenue	112	101	89	43	35	33	0.00	33	0.00	33
Operating Cost of Revenue	112	101	89	43	-	33	-	33	-	33
Total Operating Expenses	747	1,134	666	675	958	818	841	1,235	1,869	1,248
Selling, General & Admin Expense	299	335	295	262	305	336	356	392	100	408
Depreciation Expense	207	248	216	217	314	272	280	403	821	561
Amortization Expense	6.62	7.84	7.82	11	12	12	12	16	25	27
Other Operating Expenses / (Income)	129	160	141	157	328	191	193	244	248	233
Impairment Charge	104	382	6.31	24	-	7.05	-	179	-	19
Restructuring Charge	0.40	1.10	0.41	3.77	-	-	-	-	-	-
Total Other Income / (Expense), net	-0.68	-245	-156	392	320	-62	-85	-238	56	-255
Interest Expense	118	138	89	72	0.00	191	226	257	-	324
Interest & Investment Income	28	-90	-58	-33	-22	76	311	16	56	29
Other Income / (Expense), net	89	-17	-8.12	497	343	53	-170	3.26	0.00	40
Other Gains / (Losses), net	3.03	-32	-84	-55	-	-35	-31	95	-	176
Preferred Stock Dividends Declared	15	15	15	15	15	15	15	15	15	15
Net Income / (Loss) Attributable to Noncontrolling Interest	8.21	-35	1.77	31	44	21	24	-0.31	29	33
Basic Earnings per Share	$0.08	($9.12)	($1.49)	$6.57	$5.03	$3.29	$2.75	$0.87	$0.00	$2.71
Weighted Average Basic Shares Outstanding	65.06M	63.81M	63.92M	65.74M	70.40M	77.06M	84.09M	201.70M	100.19M	99.35M
Diluted Earnings per Share	$0.08	($9.12)	($1.49)	$6.50	$5.01	$3.28	$2.75	$0.87	$0.00	$2.70
Weighted Average Diluted Shares Outstanding	65.69M	67.97M	67.93M	70.77M	75.08M	81.87M	89.07M	206.81M	104.88M	103.73M
Weighted Average Basic & Diluted Shares Outstanding	71.31M	65.11M	64.67M	65.46M	0.00	0.00	0.00	0.00	0.00	0.00
Cash Dividends to Common per Share	$3.16	$3.25	$6.17	$8.09	$5.54	$3.40	$3.25	$3.10	$2.94	$2.52

This table shows SL Green Realty's income and expenses over time, based on quarterly financial data. All values are USD millions unless otherwise specified.

Metric	Q1 2025	Q4 2024	Q3 2024	Q1 2024	Q4 2023	Q3 2023	Q1 2023	Q4 2022	Q3 2022
Period end date	3/31/2025	12/31/2024	9/30/2024	3/31/2024	12/31/2023	9/30/2023	3/31/2023	12/31/2022	9/30/2022
Net Income / (Loss) Attributable to Common Shareholders	-21	-	-13	13	-	-24	-40	-64	7.38
Consolidated Net Income / (Loss)	-22	-	-9.26	18	-	-22	-38	-64	12
Net Income / (Loss) Continuing Operations	-22	-	-9.26	18	-	-22	-38	-64	12
Total Pre-Tax Income	-21	-	6.16	18	-	-6.57	-38	19	7.94
Total Operating Income	47	-	31	-38	-	10	-29	24	53
Total Gross Profit	218	-	185	166	-	170	224	235	212
Total Revenue	240	-	230	188	-	210	246	318	212
Operating Revenue	240	-	230	188	-	210	246	318	212
Total Cost of Revenue	22	-	44	22	-	40	22	82	0.29
Operating Cost of Revenue	22	-	44	22	-	40	22	-	0.29
Total Operating Expenses	171	-	155	204	-	160	254	211	159
Selling, General & Admin Expense	84	-	71	71	-	73	82	84	74
Depreciation Expense	64	-	53	49	-	51	79	74	48
Amortization Expense	1.69	-	1.67	1.54	-	2.15	2.02	1.91	2.04
Other Operating Expenses / (Income)	12	-	29	30	-	35	91	44	35
Impairment Charge	8.55	-	0.00	52	-	-0.39	-	-	0.00
Total Other Income / (Expense), net	-68	-	-25	56	-	-17	-8.90	-5.26	-45
Interest Expense	60	-	45	31	-	27	-	38	22
Interest & Investment Income	1.17	-	0.37	138	-	0.00	-7.49	-31	-22
Other Income / (Expense), net	-9.61	-	20	-50	-	11	-1.41	64	-1.12
Other Gains / (Losses), net	-0.48	-	-15	0.00	-	-15	-	-83	4.28
Preferred Stock Dividends Declared	3.74	-	3.74	3.74	-	3.74	3.74	3.74	3.74
Net Income / (Loss) Attributable to Noncontrolling Interest	-4.21	-	1.19	1.51	-	-1.47	-2.36	-3.51	1.10
Basic Earnings per Share	($0.30)	-	($0.21)	$0.20	-	($0.38)	($0.63)	($1.01)	$0.11
Weighted Average Basic Shares Outstanding	70.42M	65.06M	64.39M	64.33M	63.81M	64.11M	64.08M	63.92M	63.95M
Diluted Earnings per Share	($0.30)	-	($0.21)	$0.20	-	($0.38)	($0.63)	($1.01)	$0.11
Weighted Average Diluted Shares Outstanding	70.42M	65.69M	64.39M	70.10M	67.97M	68.30M	68.18M	67.93M	68.90M
Weighted Average Basic & Diluted Shares Outstanding	71.32M	71.31M	65.92M	65.11M	65.11M	64.72M	64.68M	64.67M	64.62M

This table details how cash moves in and out of SL Green Realty's business through operations, investing, and financing, using annual figures. All values are USD millions unless otherwise specified.

Metric	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
Period end date	12/31/2024	12/31/2023	12/31/2022	12/31/2021	12/31/2020	12/31/2019	12/31/2018	12/31/2017	12/31/2016	12/31/2015
Net Change in Cash & Equivalents	-3.88	-49	47	-36	131	-38	29	-240	-119	-26
Net Cash From Operating Activities	130	230	276	256	554	376	442	1,086	644	526
Net Cash From Continuing Operating Activities	130	230	276	256	554	376	442	1,086	644	526
Net Income / (Loss) Continuing Operations	30	-599	-76	481	415	291	271	202	279	317
Consolidated Net Income / (Loss)	30	-599	-76	481	415	291	271	202	279	317
Depreciation Expense	214	256	224	228	325	284	290	838	846	588
Non-Cash Adjustments To Reconcile Net Income	18	570	169	-333	-265	-86	-89	134	-385	-357
Changes in Operating Assets and Liabilities, net	-133	2.95	-40	-121	79	-113	-30	-88	-96	-23
Net Cash From Investing Activities	119	171	426	994	1,056	114	682	44	1,973	-2,266
Net Cash From Continuing Investing Activities	119	171	426	994	1,056	114	682	44	1,973	-2,266
Purchase of Property, Plant & Equipment	-212	-260	-365	-153	-545	-516	-315	-729	-452	-3,060
Acquisitions	-451	-184	-185	-89	-70	-129	-400	-778	-145	-162
Purchase of Investments	-12	0.00	0.00	-106	0.00	0.00	-	-2,260	-43	-7.77
Divestitures	19	0.00	60	0.00	0.00	-	-	-	-	-
Sale and/or Maturity of Investments	161	141	157	982	125	79	233	2,426	211	84
Other Investing Activities, net	614	475	758	359	1,547	680	1,164	1,386	1,499	359
Net Cash From Financing Activities	-252	-449	-655	-1,285	-1,479	-529	-1,094	-1,370	-2,736	1,713
Net Cash From Continuing Financing Activities	-252	-449	-655	-1,285	-1,479	-529	-1,094	-1,370	-2,736	1,713
Repayment of Debt	-1,580	-855	-2,164	-2,197	-3,132	-1,821	-3,458	-6,413	-4,198	-2,542
Repurchase of Preferred Equity	-2.50	-12	-18	-6.04	-83	-18	-1.21	-0.55	-3.30	-0.20
Repurchase of Common Equity	-38	-9.08	-192	-367	-556	-412	-1,014	-1,613	0.00	0.00
Payment of Dividends	-240	-246	-308	-287	-308	-347	-328	-748	-327	-267
Issuance of Debt	1,174	538	1,906	1,528	2,677	2,063	3,684	7,310	1,734	4,364
Issuance of Common Equity	387	0.00	0.00	-	-	-	-	-	-	125
Other Financing Activities, net	48	134	122	44	-78	6.60	22	94	58	34
Cash Interest Paid	201	229	170	153	201	249	260	548	344	345
Cash Income Taxes Paid	9.00	7.82	5.36	4.41	2.30	1.49	1.42	4.90	2.01	3.88

This table details how cash moves in and out of SL Green Realty's business through operations, investing, and financing, using quarterly figures. All values are USD millions unless otherwise specified.

Metric	Q1 2025	Q4 2024	Q3 2024	Q1 2024	Q4 2023	Q3 2023	Q2 2023	Q1 2023	Q4 2022	Q3 2022
Period end date	3/31/2025	12/31/2024	9/30/2024	3/31/2024	12/31/2023	9/30/2023	6/30/2023	3/31/2023	12/31/2022	9/30/2022
Net Change in Cash & Equivalents	5.39	17	-	-17	26	-	-46	-27	-1.02	108
Net Cash From Operating Activities	6.71	58	-	-25	48	-	62	42	26	67
Net Cash From Continuing Operating Activities	6.71	58	-	-25	48	-	62	42	26	67
Net Income / (Loss) Continuing Operations	-22	19	-	18	-160	-	-379	-38	-64	12
Consolidated Net Income / (Loss)	-22	19	-	18	-160	-	-379	-38	-64	12
Depreciation Expense	66	55	-	50	51	-	71	81	76	51
Non-Cash Adjustments To Reconcile Net Income	11	12	-	-23	172	-	371	11	64	20
Changes in Operating Assets and Liabilities, net	-49	-29	-	-70	-14	-	-1.56	-11	-50	-16
Net Cash From Investing Activities	-176	156	-	-3.71	-100	-	28	-66	152	138
Net Cash From Continuing Investing Activities	-176	156	-	-3.71	-100	-	28	-66	152	138
Purchase of Property, Plant & Equipment	-112	-49	-	-55	-66	-	-	-	-301	-
Acquisitions	-37	-79	-	-24	-65	-	-24	-23	-98	49
Purchase of Investments	-12	-6.76	-	-	-	-	-	-5.58	40	-11
Sale and/or Maturity of Investments	5.29	62	-	72	32	-	49	24	-72	157
Other Investing Activities, net	-21	210	-	3.89	-1.44	-	131	-62	523	7.36
Net Cash From Financing Activities	175	-198	-	11	78	-	-135	-2.77	-180	-97
Net Cash From Continuing Financing Activities	176	-198	-	11	78	-	-135	-2.77	-180	-97
Repayment of Debt	-254	-799	-	-42	-43	-	-141	-79	-510	-971
Repurchase of Common Equity	-11	-6.69	-	-19	-0.18	-	-0.03	-5.22	-5.59	-17
Payment of Dividends	-64	-67	-	-58	-62	-	-61	-61	-69	-99
Issuance of Debt	509	254	-	130	180	-	80	143	400	990
Other Financing Activities, net	-3.61	37	-	-1.27	3.00	-	-0.85	0.12	3.79	0.65

This table presents SL Green Realty's assets and liabilities at the end of each period, using annual balance sheet data. All values are USD millions unless otherwise specified.

Metric	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
Period end date	12/31/2024	12/31/2023	12/31/2022	12/31/2021	12/31/2020	12/31/2019	12/31/2018	12/31/2017	12/31/2016	12/31/2015
Total Assets	10,470	9,531	12,356	11,067	11,708	12,766	12,751	13,983	15,858	19,728
Total Current Assets	403	381	446	525	417	240	200	214	424	255
Cash & Equivalents	184	222	203	251	266	166	129	128	279	255
Restricted Cash	147	114	181	86	107	-	-	-	91	-
Accounts Receivable	71	45	62	48	45	44	42	58	54	-
Plant, Property, & Equipment, net	4,482	4,135	6,133	4,771	4,976	6,724	6,367	7,859	10,479	14,621
Plant, Property & Equipment, gross	6,608	6,103	8,173	6,667	6,932	8,785	8,466	10,159	12,743	16,682
Accumulated Depreciation	2,126	1,968	2,040	1,896	1,956	2,061	2,099	2,300	2,265	2,061
Total Noncurrent Assets	5,586	5,015	5,777	5,770	6,314	5,802	6,184	5,863	4,955	4,806
Long-Term Investments	2,713	2,993	3,201	3,033	3,852	2,913	3,019	2,363	1,975	1,204
Other Noncurrent Operating Assets	2,873	2,022	2,576	2,738	2,407	2,890	3,118	3,500	2,980	3,602
Total Liabilities & Shareholders' Equity	10,470	9,531	12,356	11,067	11,708	12,766	12,751	13,983	15,858	19,728
Total Liabilities	5,915	5,271	7,261	5,748	6,211	6,556	6,115	6,630	7,331	11,302
Total Current Liabilities	161	191	191	422	315	246	227	226	532	276
Accounts Payable	123	153	155	158	151	167	147	137	191	196
Dividends Payable	22	20	22	187	149	79	80	85	87	80
Other Current Nonoperating Liabilities	17	18	14	77	15	-	0.00	4.07	36	-
Total Noncurrent Liabilities	5,754	5,079	7,070	5,326	5,896	6,310	5,888	6,149	6,799	8,506
Long-Term Debt	4,197	3,491	5,512	4,017	4,929	5,508	5,542	5,855	6,482	7,967
Capital Lease Obligations	918	933	999	954	492	44	44	-	42	41
Noncurrent Deferred Revenue	165	134	272	107	119	114	94	-	2.58	401
Other Noncurrent Operating Liabilities	474	521	287	248	357	643	208	294	273	68
Commitments & Contingencies	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Redeemable Noncontrolling Interest	485	405	448	540	560	693	688	764	776	707
Total Equity & Noncontrolling Interests	4,070	3,856	4,647	4,778	4,936	5,517	5,948	6,589	7,751	7,719
Total Preferred & Common Equity	3,951	3,786	4,585	4,765	4,910	5,441	5,680	6,003	7,324	7,287
Preferred Stock	222	222	222	222	222	222	-	-	240	222
Total Common Equity	3,729	3,564	4,363	4,543	4,688	5,219	5,680	6,003	7,103	7,066
Common Stock	4,160	3,827	3,791	3,740	3,864	4,287	4,510	4,969	5,626	5,441
Retained Earnings	-449	-152	651	976	1,015	1,085	1,279	1,139	1,579	1,644
Treasury Stock	0.00	-129	-129	-126	-124	-124	-124	-124	-124	-10
Accumulated Other Comprehensive Income / (Loss)	18	17	50	-47	-67	-28	15	19	22	-8.75
Noncontrolling Interest	119	70	62	13	26	76	268	586	426	432

This table presents SL Green Realty's assets and liabilities at the end of each period, using quarterly balance sheet data. All values are USD millions unless otherwise specified.

Metric	Q1 2025	Q3 2024	Q1 2024	Q3 2023	Q2 2023	Q1 2023	Q3 2022
Period end date	3/31/2025	9/30/2024	3/31/2024	9/30/2023	6/30/2023	3/31/2023	9/30/2022
Total Assets	11,411	10,216	9,764	9,691	10,041	12,342	12,716
Total Current Assets	404	382	391	356	348	394	426
Cash & Equivalents	180	188	196	190	192	159	201
Restricted Cash	157	127	122	120	119	198	184
Accounts Receivable	67	67	51	47	37	36	41
Plant, Property, & Equipment, net	4,504	4,205	4,161	4,041	4,014	6,117	6,415
Plant, Property & Equipment, gross	6,679	6,290	6,239	6,039	5,964	8,217	8,421
Accumulated Depreciation	2,175	2,085	2,078	1,998	1,950	2,101	2,006
Total Noncurrent Assets	6,503	5,629	5,212	5,293	5,651	5,832	5,875
Long-Term Investments	2,725	2,888	2,995	3,162	3,238	3,175	3,202
Other Noncurrent Operating Assets	3,778	2,741	2,217	2,131	2,412	2,657	2,673
Total Liabilities & Shareholders' Equity	11,411	10,216	9,764	9,691	10,041	12,342	12,716
Total Liabilities	6,972	6,136	5,522	5,169	5,461	7,362	7,492
Total Current Liabilities	164	168	155	186	154	189	218
Accounts Payable	123	125	101	146	117	151	175
Dividends Payable	22	20	20	22	22	22	24
Other Current Nonoperating Liabilities	18	23	34	18	16	16	19
Total Noncurrent Liabilities	6,809	5,967	5,366	4,983	5,306	7,173	7,274
Long-Term Debt	5,271	4,425	3,786	3,351	3,805	5,577	5,614
Capital Lease Obligations	914	922	929	993	995	998	1,016
Noncurrent Deferred Revenue	166	155	158	136	126	265	280
Other Noncurrent Operating Liabilities	458	466	494	503	381	334	363
Commitments & Contingencies	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Redeemable Noncontrolling Interest	485	460	439	415	421	451	472
Total Equity & Noncontrolling Interests	3,953	3,620	3,804	4,107	4,160	4,529	4,752
Total Preferred & Common Equity	3,836	3,556	3,736	4,040	4,093	4,460	4,688
Preferred Stock	222	222	222	222	222	222	222
Total Common Equity	3,615	3,334	3,514	3,818	3,871	4,239	4,466
Common Stock	4,157	3,867	3,832	3,814	3,806	3,799	3,781
Retained Earnings	-538	-376	-230	62	136	549	756
Accumulated Other Comprehensive Income / (Loss)	-4.84	-27	40	70	58	19	58
Noncontrolling Interest	117	64	68	68	67	69	65

This table displays calculated financial ratios and metrics derived from SL Green Realty's official financial filings.

Metric	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
Period end date	12/31/2024	12/31/2023	12/31/2022	12/31/2021	12/31/2020	12/31/2019	12/31/2018	12/31/2017	12/31/2016	12/31/2015
Growth Metrics	-	-	-	-	-	-	-	-	-	-
Revenue Growth	-3.00%	-0.62%	6.75%	-18.18%	-15.03%	0.95%	-18.80%	-18.91%	12.10%	9.40%
EBITDA Growth	496.48%	-121.98%	-56.33%	19.59%	0.39%	43.16%	-53.34%	22,734.34%	-100.47%	56.31%
EBIT Growth	134.46%	-317.73%	-75.71%	59.63%	-8.78%	103.78%	-12.45%	129.02%	-301.52%	71.33%
NOPAT Growth	112.37%	-237.49%	13.99%	143.14%	-84.75%	0.38%	58.59%	140.91%	-255.87%	118.28%
Net Income Growth	105.04%	-685.47%	-115.88%	15.88%	42.29%	7.62%	167.99%	-63.76%	-12.14%	-41.84%
EPS Growth	100.88%	-512.08%	-122.92%	15.88%	42.29%	7.62%	167.99%	0.00%	-100.00%	-48.37%
Operating Cash Flow Growth	-43.53%	-16.87%	7.86%	-53.81%	47.22%	-14.74%	-59.34%	68.63%	22.32%	7.36%
Free Cash Flow Firm Growth	-150.94%	387.00%	-1,854.39%	-102.24%	148.55%	-65.32%	7.61%	-49.51%	293.34%	-14.77%
Invested Capital Growth	23.53%	-33.05%	14.38%	2.73%	-21.49%	-4.29%	-16.93%	-14.37%	-26.94%	16.76%
Revenue Q/Q Growth	0.00%	0.00%	12.99%	-2.60%	-6.50%	-0.72%	-3.48%	-0.85%	-2.67%	2.39%
EBITDA Q/Q Growth	57.98%	-129.72%	-33.29%	5.88%	26.95%	37.07%	-60.29%	18,411.57%	-100.41%	57.84%
EBIT Q/Q Growth	0.00%	0.00%	-58.08%	10.20%	66.97%	85.42%	-60.71%	131.78%	-367.46%	579.60%
NOPAT Q/Q Growth	0.00%	0.00%	5.49%	25.96%	-65.82%	-2.00%	-4.39%	150.33%	-367.46%	515.05%
Net Income Q/Q Growth	0.00%	0.00%	-26.26%	-34.08%	73.78%	39.53%	-26.30%	-13.40%	-17.77%	18.22%
EPS Q/Q Growth	0.00%	0.00%	-19.20%	-34.08%	73.78%	39.53%	-26.30%	166.41%	-100.00%	20.00%
Operating Cash Flow Q/Q Growth	8.37%	10.45%	-12.24%	-38.66%	36.85%	0.00%	-55.46%	13.16%	-9.58%	20.71%
Free Cash Flow Firm Q/Q Growth	-48.94%	-15.28%	45.12%	-102.68%	51.23%	492.81%	-34.06%	2,703.81%	-11.55%	7.31%
Invested Capital Q/Q Growth	6.33%	-0.71%	-3.05%	6.61%	-15.49%	-5.29%	1.88%	-8.15%	2.49%	3.47%
Profitability Metrics	-	-	-	-	-	-	-	-	-	-
Gross Margin	87.39%	88.92%	90.30%	95.03%	96.65%	97.32%	100.00%	97.80%	18.42%	98.03%
EBITDA Margin	37.34%	-9.13%	41.30%	100.97%	69.07%	58.46%	41.22%	71.75%	-0.26%	60.75%
Operating Margin	3.15%	-35.22%	17.82%	16.69%	5.62%	31.29%	31.47%	16.11%	-45.62%	22.97%
EBIT Margin	13.18%	-37.11%	16.94%	74.45%	38.16%	35.54%	17.61%	16.33%	-45.62%	25.38%
Profit (Net Income) Margin	3.41%	-65.59%	-8.30%	55.80%	39.40%	23.53%	22.07%	6.69%	14.96%	19.09%
Tax Burden Percent	111.12%	105.71%	-932.57%	89.66%	109.30%	89.41%	89.80%	1,702.64%	-35.10%	250.09%
Interest Burden Percent	23.28%	167.19%	5.25%	83.59%	94.46%	74.03%	139.58%	2.41%	93.43%	30.08%
Effective Tax Rate	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Return on Invested Capital (ROIC)	0.46%	-3.35%	2.17%	2.07%	0.76%	4.34%	3.84%	2.05%	-3.92%	2.34%
ROIC Less NNEP Spread (ROIC-NNEP)	0.61%	-21.62%	-8.08%	23.91%	19.08%	0.50%	0.07%	-1.55%	9.10%	1.55%
Return on Net Nonoperating Assets (RNNOA)	0.22%	-9.46%	-3.64%	6.82%	6.33%	0.20%	0.03%	-0.77%	7.21%	1.52%
Return on Equity (ROE)	0.69%	-12.81%	-1.47%	8.89%	7.09%	4.54%	3.87%	1.27%	3.29%	3.87%
Cash Return on Invested Capital (CROIC)	-20.59%	36.24%	-11.25%	-0.63%	24.84%	8.72%	22.34%	17.53%	27.21%	-13.12%
Operating Return on Assets (OROA)	1.17%	-3.10%	1.33%	5.63%	3.28%	3.45%	1.62%	1.65%	-4.78%	2.29%
Return on Assets (ROA)	0.30%	-5.48%	-0.65%	4.22%	3.39%	2.28%	2.03%	0.68%	1.57%	1.72%
Return on Common Equity (ROCE)	0.57%	-10.86%	-1.25%	7.59%	6.00%	3.85%	3.23%	1.05%	2.75%	3.24%
Return on Equity Simple (ROE_SIMPLE)	0.76%	-15.83%	-1.66%	10.09%	8.45%	5.36%	4.77%	1.68%	3.81%	4.36%
Net Operating Profit after Tax (NOPAT)	28	-225	164	144	59	388	386	244	-595	382
NOPAT Margin	3.15%	-24.66%	17.82%	16.69%	5.62%	31.29%	31.47%	16.11%	-31.94%	22.97%
Net Nonoperating Expense Percent (NNEP)	-0.14%	18.27%	10.25%	-21.84%	-18.32%	3.84%	3.77%	3.59%	-13.01%	0.80%
Return On Investment Capital (ROIC_SIMPLE)	0.30%	-2.72%	1.47%	-	-	-	-	-	-	-
Cost of Revenue to Revenue	12.61%	11.08%	9.70%	4.97%	3.35%	2.68%	0.00%	2.20%	0.00%	1.97%
SG&A Expenses to Revenue	33.76%	36.71%	32.06%	30.43%	28.93%	27.14%	29.01%	25.94%	5.35%	24.53%
R&D to Revenue	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Operating Expenses to Revenue	84.25%	124.15%	72.48%	78.34%	91.03%	66.03%	68.53%	81.69%	100.25%	75.06%
Earnings before Interest and Taxes (EBIT)	117	-339	156	641	402	440	216	247	-850	422
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)	331	-83	380	870	727	724	506	1,084	-4.79	1,010
Valuation Ratios	-	-	-	-	-	-	-	-	-	-
Price to Book Value (P/BV)	1.20	0.78	0.43	0.86	0.70	0.97	0.79	1.06	0.95	0.96
Price to Tangible Book Value (P/TBV)	1.20	0.78	0.43	0.86	0.70	0.97	0.79	1.06	0.95	0.96
Price to Revenue (P/Rev)	5.03	3.03	2.02	4.54	3.10	4.10	3.64	4.21	3.63	4.07
Price to Earnings (P/E)	631.77	0.00	0.00	9.00	9.17	19.88	19.23	73.59	0.00	25.16
Dividend Yield	4.45%	7.55%	12.84%	9.95%	8.66%	5.49%	6.35%	4.92%	4.45%	3.75%
Earnings Yield	0.16%	0.00%	0.00%	11.11%	10.91%	5.03%	5.20%	1.36%	0.00%	3.97%
Enterprise Value to Invested Capital (EV/IC)	1.10	0.85	0.68	0.89	0.77	0.97	0.86	1.01	0.97	0.84
Enterprise Value to Revenue (EV/Rev)	8.30	4.99	6.00	7.30	5.01	6.87	6.38	7.31	6.65	8.83
Enterprise Value to EBITDA (EV/EBITDA)	22.23	0.00	14.52	7.23	7.25	11.75	15.48	10.19	0.00	14.53
Enterprise Value to EBIT (EV/EBIT)	62.96	0.00	35.41	9.81	13.12	19.34	36.24	44.75	0.00	34.79
Enterprise Value to NOPAT (EV/NOPAT)	263.90	0.00	33.66	43.77	89.12	21.96	20.28	45.35	0.00	38.44
Enterprise Value to Operating Cash Flow (EV/OCF)	56.76	19.86	19.98	24.58	9.51	22.62	17.74	10.17	19.25	27.88
Enterprise Value to Free Cash Flow (EV/FCFF)	0.00	1.87	0.00	0.00	2.72	10.93	3.49	5.29	3.00	0.00
Leverage & Solvency	-	-	-	-	-	-	-	-	-	-
Debt to Equity	1.12	1.04	1.28	0.93	0.99	0.89	0.84	0.80	0.77	0.95
Long-Term Debt to Equity	1.12	1.04	1.28	0.93	0.99	0.89	0.84	0.80	0.77	0.95
Financial Leverage	0.37	0.44	0.45	0.29	0.33	0.39	0.44	0.50	0.79	0.98
Leverage Ratio	2.27	2.34	2.25	2.11	2.09	1.99	1.91	1.88	2.10	2.24
Compound Leverage Factor	0.53	3.91	0.12	1.76	1.97	1.47	2.67	0.05	1.96	0.67
Debt to Total Capital	52.89%	50.94%	56.10%	48.31%	49.65%	47.20%	45.70%	44.33%	43.35%	48.73%
Short-Term Debt to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Long-Term Debt to Total Capital	52.89%	50.94%	56.10%	48.31%	49.65%	47.20%	45.70%	44.33%	43.35%	48.73%
Preferred Equity to Total Capital	2.30%	2.56%	1.91%	2.16%	2.03%	1.89%	0.00%	0.00%	1.60%	1.35%
Noncontrolling Interests to Total Capital	6.24%	5.46%	4.39%	5.38%	5.37%	6.54%	7.83%	10.22%	7.99%	6.93%
Common Equity to Total Capital	38.57%	41.04%	37.59%	44.15%	42.94%	44.37%	46.47%	45.45%	47.19%	42.99%
Debt to EBITDA	15.46	-53.01	17.15	5.72	7.45	7.67	11.04	5.40	-1,361.68	7.93
Net Debt to EBITDA	6.26	-13.13	7.71	1.84	1.64	3.37	4.76	3.08	-872.16	6.48
Long-Term Debt to EBITDA	15.46	-53.01	17.15	5.72	7.45	7.67	11.04	5.40	-1,361.68	7.93
Debt to NOPAT	183.50	-19.64	39.74	34.58	91.69	14.32	14.46	24.04	-10.96	20.97
Net Debt to NOPAT	74.27	-4.86	17.86	11.14	20.23	6.30	6.23	13.70	-7.02	17.15
Long-Term Debt to NOPAT	183.50	-19.64	39.74	34.58	91.69	14.32	14.46	24.04	-10.96	20.97
Altman Z-Score	0.54	0.30	0.37	0.81	0.65	0.79	0.73	0.85	0.63	0.63
Noncontrolling Interest Sharing Ratio	17.26%	15.26%	14.48%	14.65%	15.37%	15.16%	16.49%	17.47%	16.43%	16.10%
Liquidity Ratios	-	-	-	-	-	-	-	-	-	-
Current Ratio	2.50	1.99	2.34	1.25	1.32	0.97	0.88	0.95	0.80	0.93
Quick Ratio	1.59	1.40	1.39	0.71	0.98	0.97	0.88	0.95	0.63	0.93
Cash Flow Metrics	-	-	-	-	-	-	-	-	-	-
Free Cash Flow to Firm (FCFF)	-1,241	2,437	-849	-43	1,936	779	2,246	2,087	4,134	-2,138
Operating Cash Flow to CapEx	61.17%	88.38%	75.59%	167.54%	101.70%	73.02%	140.19%	148.90%	0.00%	20.73%
Free Cash Flow to Firm to Interest Expense	-10.51	17.66	-9.49	-0.60	0.00	4.09	9.95	8.12	0.00	-6.60
Operating Cash Flow to Interest Expense	1.10	1.66	3.09	3.53	0.00	1.98	1.96	4.22	0.00	1.63
Operating Cash Flow Less CapEx to Interest Expense	-0.70	-0.22	-1.00	1.42	0.00	-0.73	0.56	1.39	0.00	-6.21
Efficiency Ratios	-	-	-	-	-	-	-	-	-	-
Asset Turnover	0.09	0.08	0.08	0.08	0.09	0.10	0.09	0.10	0.10	0.09
Accounts Receivable Turnover	15.23	17.03	16.80	18.70	23.80	28.96	24.74	27.13	0.00	0.00
Inventory Turnover	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Fixed Asset Turnover	0.21	0.18	0.17	0.18	0.18	0.19	0.17	0.16	0.15	0.12
Accounts Payable Turnover	0.81	0.66	0.57	0.28	0.22	0.21	0.00	0.20	0.00	0.18
Days Sales Outstanding (DSO)	23.96	21.43	21.73	19.52	15.34	12.60	14.75	13.45	0.00	0.00
Days Inventory Outstanding (DIO)	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Days Payable Outstanding (DPO)	450.52	555.43	639.19	1,317.90	1,645.25	1,726.49	0.00	1,799.82	0.00	2,053.55
Cash Conversion Cycle (CCC)	-426.56	-534.00	-617.46	-1,298.38	-1,629.91	-1,713.88	14.75	-1,786.37	0.00	-2,053.55
Capital & Investment Metrics	-	-	-	-	-	-	-	-	-	-
Invested Capital	6,663	5,394	8,057	7,044	6,856	8,733	9,125	10,985	12,829	17,558
Invested Capital Turnover	0.15	0.14	0.12	0.12	0.14	0.14	0.12	0.13	0.12	0.10
Increase / (Decrease) in Invested Capital	1,269	-2,662	1,013	187	-1,877	-391	-1,860	-1,844	-4,729	2,520
Enterprise Value (EV)	7,356	4,559	5,515	6,292	5,269	8,515	7,831	11,045	12,396	14,681
Market Capitalization	4,460	2,767	1,857	3,914	3,265	5,080	4,467	6,360	6,774	6,771
Book Value per Share	$56.57	$55.07	$67.52	$67.39	$63.70	$64.33	$65.82	$60.17	$69.08	$70.16
Tangible Book Value per Share	$56.57	$55.07	$67.52	$67.39	$63.70	$64.33	$65.82	$60.17	$69.08	$70.16
Total Capital	9,670	8,684	11,606	10,290	10,917	11,763	12,221	13,208	15,051	16,434
Total Debt	5,115	4,424	6,511	4,971	5,421	5,553	5,585	5,855	6,524	8,008
Total Long-Term Debt	5,115	4,424	6,511	4,971	5,421	5,553	5,585	5,855	6,524	8,008
Net Debt	2,070	1,096	2,926	1,602	1,196	2,444	2,408	3,336	4,179	6,549
Capital Expenditures (CapEx)	212	260	365	153	545	516	315	729	-453	2,540
Debt-free, Cash-free Net Working Capital (DFCFNWC)	-90	-146	-129	-233	-271	-202	-186	-169	-478	-276
Debt-free Net Working Capital (DFNWC)	242	190	255	104	102	-6.26	-28	-12	-108	-21
Net Working Capital (NWC)	242	190	255	104	102	-6.26	-28	-12	-108	-21
Net Nonoperating Expense (NNE)	-2.35	374	240	-337	-356	96	115	142	-874	64
Net Nonoperating Obligations (NNO)	2,109	1,134	2,962	1,725	1,360	2,523	2,489	3,632	4,302	9,132
Total Depreciation and Amortization (D&A)	214	256	224	228	325	284	290	838	846	588
Debt-free, Cash-free Net Working Capital to Revenue	-10.17%	-15.97%	-14.01%	-27.09%	-25.73%	-16.32%	-15.15%	-11.16%	-25.65%	-16.60%
Debt-free Net Working Capital to Revenue	27.25%	20.75%	27.76%	12.04%	9.68%	-0.51%	-2.26%	-0.81%	-5.80%	-1.24%
Net Working Capital to Revenue	27.25%	20.75%	27.76%	12.04%	9.68%	-0.51%	-2.26%	-0.81%	-5.80%	-1.24%
Earnings Adjustments	-	-	-	-	-	-	-	-	-	-
Adjusted Basic Earnings per Share	$0.08	($9.12)	($1.49)	$6.57	$5.03	$0.00	$0.00	$0.93	$2.49	$2.87
Adjusted Weighted Average Basic Shares Outstanding	65.06M	63.81M	63.92M	65.74M	70.40M	0.00	81.79M	92.93M	94.45M	93.66M
Adjusted Diluted Earnings per Share	$0.08	($9.12)	($1.49)	$6.50	$5.02	$0.00	$0.00	$0.92	$2.48	$2.86
Adjusted Weighted Average Diluted Shares Outstanding	65.69M	67.97M	67.93M	70.77M	74.95M	0.00	86.29M	97.49M	98.88M	97.80M
Adjusted Basic & Diluted Earnings per Share	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding	71.31M	65.11M	64.67M	65.46M	0.00	0.00	0.00	0.00	0.00	0.00
Normalized Net Operating Profit after Tax (NOPAT)	93	43	119	120	41	276	270	295	-595	281
Normalized NOPAT Margin	10.45%	4.72%	12.99%	13.92%	3.93%	22.30%	22.03%	19.55%	-31.94%	16.89%
Pre Tax Income Margin	3.07%	-62.05%	0.89%	62.23%	36.04%	26.31%	24.57%	0.39%	-42.62%	7.63%
Debt Service Ratios	-	-	-	-	-	-	-	-	-	-
EBIT to Interest Expense	0.99	-2.46	1.74	8.85	0.00	2.31	0.96	0.96	0.00	1.30
NOPAT to Interest Expense	0.24	-1.63	1.83	1.98	0.00	2.04	1.71	0.95	0.00	1.18
EBIT Less CapEx to Interest Expense	-0.80	-4.34	-2.34	6.74	0.00	-0.39	-0.44	-1.88	0.00	-6.54
NOPAT Less CapEx to Interest Expense	-1.56	-3.51	-2.25	-0.12	0.00	-0.67	0.32	-1.89	0.00	-6.66
Payout Ratios	-	-	-	-	-	-	-	-	-	-
Dividend Payout Ratio	794.21%	-41.00%	-403.95%	59.68%	74.30%	119.03%	121.18%	740.15%	117.15%	84.13%
Augmented Payout Ratio	920.53%	-42.51%	-655.71%	136.06%	208.32%	260.34%	495.37%	2,335.70%	117.15%	84.13%

This table displays calculated financial ratios and metrics derived from SL Green Realty's official financial filings.

Metric	Q1 2025	Q4 2024	Q3 2024	Q1 2024	Q4 2023	Q3 2023	Q2 2023	Q1 2023	Q4 2022	Q3 2022
Period end date	3/31/2025	12/31/2024	9/30/2024	3/31/2024	12/31/2023	9/30/2023	6/30/2023	3/31/2023	12/31/2022	9/30/2022
Growth Metrics	-	-	-	-	-	-	-	-	-	-
Revenue Growth	27.66%	0.00%	9.28%	-23.55%	0.00%	-1.07%	9.74%	30.75%	49.88%	3.54%
EBITDA Growth	370.94%	9.12%	43.97%	-176.57%	-69.12%	-27.96%	-904.11%	-39.98%	-53.64%	-67.11%
EBIT Growth	142.35%	0.00%	145.37%	-186.28%	-100.00%	-59.67%	-1,629.71%	-190.06%	-71.03%	-80.04%
NOPAT Growth	186.93%	0.00%	333.04%	-83.68%	-100.00%	-86.53%	-621.82%	-160.05%	53.71%	4.63%
Net Income Growth	-217.16%	0.00%	57.30%	147.94%	0.00%	-277.66%	-899.31%	-384.44%	-32.94%	-97.06%
EPS Growth	-250.00%	0.00%	44.74%	131.75%	0.00%	-445.45%	-704.29%	-672.73%	-29.49%	-98.14%
Operating Cash Flow Growth	127.19%	20.78%	0.00%	-158.27%	82.03%	0.00%	-38.99%	-47.98%	-59.27%	-23.43%
Free Cash Flow Firm Growth	-180.64%	-147.67%	-127.83%	326.16%	369.31%	274.79%	1,815.81%	-3,133.26%	-477.08%	-205.96%
Invested Capital Growth	33.92%	23.53%	15.34%	-29.59%	-33.05%	-34.62%	-13.59%	14.44%	14.38%	25.77%
Revenue Q/Q Growth	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	-1.12%	-22.62%	49.48%	5.47%
EBITDA Q/Q Growth	87.79%	-47.98%	0.00%	-174.29%	-31.36%	130.01%	-593.81%	-36.99%	60.12%	235.03%
EBIT Q/Q Growth	0.00%	-100.00%	0.00%	0.00%	-100.00%	106.59%	-925.97%	-972.17%	70.08%	382.70%
NOPAT Q/Q Growth	0.00%	-100.00%	0.00%	0.00%	-100.00%	103.73%	-1,108.07%	-220.63%	-53.82%	44.59%
Net Income Q/Q Growth	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	-888.68%	40.11%	-624.53%	132.18%
EPS Q/Q Growth	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	-793.65%	37.62%	-1,018.18%	115.71%
Operating Cash Flow Q/Q Growth	-88.47%	0.00%	0.00%	-151.23%	0.00%	0.00%	45.56%	60.05%	-60.62%	-33.49%
Free Cash Flow Firm Q/Q Growth	-49.10%	-58.14%	0.00%	-70.87%	-7.68%	296.34%	170.44%	-4.20%	40.08%	-4,444.03%
Invested Capital Q/Q Growth	14.07%	6.33%	0.00%	0.00%	-0.71%	-6.97%	-27.55%	0.05%	-3.05%	22.96%
Profitability Metrics	-	-	-	-	-	-	-	-	-	-
Gross Margin	90.93%	0.00%	80.73%	88.36%	0.00%	80.94%	96.99%	91.22%	74.04%	99.86%
EBITDA Margin	43.20%	0.00%	46.17%	-20.35%	0.00%	35.05%	-111.02%	20.32%	51.56%	48.13%
Operating Margin	19.61%	0.00%	13.43%	-20.16%	0.00%	4.84%	-123.30%	-11.98%	7.69%	24.89%
EBIT Margin	15.60%	0.00%	22.30%	-47.03%	0.00%	9.93%	-143.25%	-12.56%	27.72%	24.36%
Profit (Net Income) Margin	-8.98%	0.00%	-4.03%	9.79%	0.00%	-10.32%	-171.54%	-15.61%	-20.17%	5.75%
Tax Burden Percent	102.29%	0.00%	-150.29%	100.00%	0.00%	330.30%	106.14%	100.00%	-334.31%	153.89%
Interest Burden Percent	-56.29%	0.00%	12.04%	-20.81%	0.00%	-31.47%	112.83%	124.27%	21.77%	15.33%
Effective Tax Rate	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Return on Invested Capital (ROIC)	1.94%	0.00%	0.00%	-2.51%	0.00%	0.00%	-12.09%	-1.09%	0.94%	2.72%
ROIC Less NNEP Spread (ROIC-NNEP)	-0.43%	0.00%	0.00%	-0.02%	0.00%	0.00%	-25.76%	-1.82%	-2.84%	0.71%
Return on Net Nonoperating Assets (RNNOA)	-0.23%	0.00%	0.00%	-0.01%	0.00%	0.00%	-7.21%	-0.86%	-1.28%	0.26%
Return on Equity (ROE)	1.71%	0.00%	0.00%	-2.52%	0.00%	0.00%	-19.30%	-1.94%	-0.34%	2.98%
Cash Return on Invested Capital (CROIC)	-27.81%	-20.59%	-14.25%	31.36%	36.24%	41.86%	12.23%	-12.54%	-11.25%	-20.75%
Operating Return on Assets (OROA)	1.38%	0.00%	0.00%	-3.64%	0.00%	0.00%	-12.18%	-1.05%	2.18%	1.68%
Return on Assets (ROA)	-0.80%	0.00%	0.00%	0.76%	0.00%	0.00%	-14.59%	-1.31%	-1.58%	0.40%
Return on Common Equity (ROCE)	1.41%	0.00%	0.00%	-2.12%	0.00%	0.00%	-16.34%	-1.65%	-0.29%	2.55%
Return on Equity Simple (ROE_SIMPLE)	-0.25%	0.00%	0.00%	-14.52%	0.00%	0.00%	-11.47%	-2.87%	0.00%	-1.29%
Net Operating Profit after Tax (NOPAT)	33	0.00	31	-38	0.00	7.12	-191	-21	24	53
NOPAT Margin	13.73%	0.00%	13.43%	-20.16%	0.00%	3.39%	-86.31%	-8.39%	7.69%	24.89%
Net Nonoperating Expense Percent (NNEP)	2.37%	0.00%	2.59%	-2.49%	0.00%	1.44%	13.67%	0.73%	3.78%	2.01%
Return On Investment Capital (ROIC_SIMPLE)	0.32%	0.00%	-	-	0.00%	-	-	-	0.22%	-
Cost of Revenue to Revenue	9.07%	0.00%	19.27%	11.64%	0.00%	19.06%	3.01%	8.78%	25.96%	0.14%
SG&A Expenses to Revenue	35.10%	0.00%	30.78%	37.96%	0.00%	34.55%	31.65%	33.22%	26.48%	34.68%
R&D to Revenue	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Operating Expenses to Revenue	71.32%	0.00%	67.30%	108.51%	0.00%	76.10%	220.29%	103.21%	66.35%	74.98%
Earnings before Interest and Taxes (EBIT)	37	0.00	51	-88	0.00	21	-317	-31	88	52
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)	104	55	106	-38	51	74	-245	50	164	102
Valuation Ratios	-	-	-	-	-	-	-	-	-	-
Price to Book Value (P/BV)	1.13	1.20	1.35	1.00	0.78	0.59	0.50	0.32	0.43	0.50
Price to Tangible Book Value (P/TBV)	1.13	1.20	1.35	1.00	0.78	0.59	0.50	0.32	0.43	0.50
Price to Revenue (P/Rev)	4.36	5.03	0.00	4.09	3.03	0.00	2.22	1.39	2.02	2.73
Price to Earnings (P/E)	0.00	631.77	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Dividend Yield	5.28%	4.45%	4.38%	5.85%	7.55%	9.54%	12.06%	16.97%	12.84%	17.38%
Earnings Yield	0.00%	0.16%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Enterprise Value to Invested Capital (EV/IC)	1.06	1.10	1.18	0.99	0.85	0.71	0.67	0.64	0.68	0.72
Enterprise Value to Revenue (EV/Rev)	8.57	8.30	0.00	6.58	4.99	0.00	4.44	5.26	6.00	7.40
Enterprise Value to EBITDA (EV/EBITDA)	17.01	22.23	35.36	0.00	0.00	13.65	0.00	19.64	14.52	10.58
Enterprise Value to EBIT (EV/EBIT)	33.14	62.96	0.00	0.00	0.00	0.00	0.00	840.46	35.41	16.20
Enterprise Value to NOPAT (EV/NOPAT)	101.85	263.90	0.00	0.00	0.00	0.00	0.00	73.44	33.66	38.76
Enterprise Value to Operating Cash Flow (EV/OCF)	49.95	56.76	61.94	34.68	19.86	18.45	19.81	21.70	19.98	19.14
Enterprise Value to Free Cash Flow (EV/FCFF)	0.00	0.00	0.00	2.62	1.87	1.33	5.08	0.00	0.00	0.00
Leverage & Solvency	-	-	-	-	-	-	-	-	-	-
Debt to Equity	1.39	1.12	1.31	1.11	1.04	0.96	1.05	1.32	1.28	1.27
Long-Term Debt to Equity	1.39	1.12	1.31	1.11	1.04	0.96	1.05	1.32	1.28	1.27
Financial Leverage	0.53	0.37	0.36	0.49	0.44	0.41	0.28	0.47	0.45	0.37
Leverage Ratio	2.44	2.27	2.31	2.40	2.34	2.30	2.11	2.27	2.25	2.17
Compound Leverage Factor	-1.37	0.00	0.28	-0.50	0.00	-0.72	2.38	2.83	0.49	0.33
Debt to Total Capital	58.22%	52.89%	56.72%	52.64%	50.94%	48.99%	51.17%	56.90%	56.10%	55.93%
Short-Term Debt to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Long-Term Debt to Total Capital	58.22%	52.89%	56.72%	52.64%	50.94%	48.99%	51.17%	56.90%	56.10%	55.93%
Preferred Equity to Total Capital	2.09%	2.30%	2.35%	2.48%	2.56%	2.50%	2.37%	1.92%	1.91%	1.87%
Noncontrolling Interests to Total Capital	5.66%	6.24%	5.56%	5.66%	5.46%	5.44%	5.20%	4.50%	4.39%	4.52%
Common Equity to Total Capital	34.03%	38.57%	35.37%	39.23%	41.04%	43.07%	41.26%	36.68%	37.59%	37.67%
Debt to EBITDA	13.08	15.46	25.53	-23.11	-53.01	15.47	-318.35	25.10	17.15	11.65
Net Debt to EBITDA	6.61	6.26	10.23	-6.87	-13.13	3.10	-82.94	11.61	7.71	5.35
Long-Term Debt to EBITDA	13.08	15.46	25.53	-23.11	-53.01	15.47	-318.35	25.10	17.15	11.65
Debt to NOPAT	78.34	183.50	0.00	-20.39	-19.64	0.00	-32.41	93.86	39.74	42.68
Net Debt to NOPAT	39.56	74.27	0.00	-6.06	-4.86	0.00	-8.45	43.43	17.86	19.59
Long-Term Debt to NOPAT	78.34	183.50	0.00	-20.39	-19.64	0.00	-32.41	93.86	39.74	42.68
Altman Z-Score	0.40	0.50	0.43	0.43	0.41	0.30	0.24	0.26	0.35	0.36
Noncontrolling Interest Sharing Ratio	17.88%	0.00%	16.86%	15.94%	0.00%	15.01%	15.34%	14.88%	14.48%	14.31%
Liquidity Ratios	-	-	-	-	-	-	-	-	-	-
Current Ratio	2.47	2.50	2.27	2.51	1.99	1.92	2.26	2.09	2.34	1.95
Quick Ratio	1.51	1.59	1.51	1.59	1.40	1.27	1.48	1.03	1.39	1.11
Cash Flow Metrics	-	-	-	-	-	-	-	-	-	-
Free Cash Flow to Firm (FCFF)	-1,892	-1,269	-803	2,347	2,662	2,884	728	-1,038	-989	-1,650
Operating Cash Flow to CapEx	5.97%	118.29%	0.00%	-44.61%	73.39%	0.00%	0.00%	0.00%	8.80%	0.00%
Free Cash Flow to Firm to Interest Expense	-31.72	0.00	-17.67	75.29	0.00	105.09	17.91	0.00	-26.28	-75.60
Operating Cash Flow to Interest Expense	0.11	0.00	0.00	-0.79	0.00	0.00	1.52	0.00	0.70	3.08
Operating Cash Flow Less CapEx to Interest Expense	-1.77	0.00	0.00	-2.57	0.00	0.00	1.52	0.00	-7.29	3.08
Efficiency Ratios	-	-	-	-	-	-	-	-	-	-
Asset Turnover	0.09	0.09	0.00	0.08	0.08	0.00	0.09	0.08	0.08	0.07
Accounts Receivable Turnover	15.96	15.23	0.00	19.63	17.03	0.00	22.74	25.20	16.80	18.86
Inventory Turnover	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Fixed Asset Turnover	0.22	0.21	0.00	0.17	0.18	0.00	0.21	0.18	0.17	0.14
Accounts Payable Turnover	0.99	0.81	0.00	1.02	0.66	0.00	0.00	0.95	0.57	0.32
Days Sales Outstanding (DSO)	22.87	23.96	0.00	18.59	21.43	0.00	16.05	14.48	21.73	19.35
Days Inventory Outstanding (DIO)	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Days Payable Outstanding (DPO)	367.39	450.52	0.00	357.57	555.43	0.00	268,559.00	384.73	639.19	1,153.56
Cash Conversion Cycle (CCC)	-344.51	-426.56	0.00	-338.98	-534.00	0.00	-268,542.95	-370.25	-617.46	-1,134.21
Capital & Investment Metrics	-	-	-	-	-	-	-	-	-	-
Invested Capital	7,601	6,663	6,267	5,676	5,394	5,433	5,840	8,061	8,057	8,310
Invested Capital Turnover	0.14	0.15	0.00	0.12	0.14	0.00	0.14	0.13	0.12	0.11
Increase / (Decrease) in Invested Capital	1,925	1,269	833	-2,385	-2,662	-2,877	-918	1,017	1,013	1,703
Enterprise Value (EV)	8,041	7,356	7,407	5,634	4,559	3,834	3,914	5,144	5,515	6,020
Market Capitalization	4,094	4,460	4,518	3,504	2,767	2,258	1,954	1,360	1,857	2,219
Book Value per Share	$50.69	$56.57	$51.79	$54.62	$55.07	$59.01	$59.85	$65.54	$67.52	$68.71
Tangible Book Value per Share	$50.69	$56.57	$51.79	$54.62	$55.07	$59.01	$59.85	$65.54	$67.52	$68.71
Total Capital	10,623	9,670	9,427	8,957	8,684	8,865	9,381	11,555	11,606	11,854
Total Debt	6,184	5,115	5,347	4,715	4,424	4,343	4,800	6,575	6,511	6,630
Total Long-Term Debt	6,184	5,115	5,347	4,715	4,424	4,343	4,800	6,575	6,511	6,630
Net Debt	3,123	2,070	2,143	1,401	1,096	871	1,251	3,042	2,926	3,043
Capital Expenditures (CapEx)	112	49	0.00	55	66	0.00	0.00	0.00	301	0.00
Debt-free, Cash-free Net Working Capital (DFCFNWC)	-97	-90	-102	-83	-146	-139	-118	-152	-129	-177
Debt-free Net Working Capital (DFNWC)	240	242	213	235	190	170	194	205	255	208
Net Working Capital (NWC)	240	242	213	235	190	170	194	205	255	208
Net Nonoperating Expense (NNE)	54	0.00	40	-56	0.00	29	188	18	88	41
Net Nonoperating Obligations (NNO)	3,163	2,109	2,186	1,433	1,134	911	1,259	3,080	2,962	3,086
Total Depreciation and Amortization (D&A)	66	55	55	50	51	53	71	81	76	51
Debt-free, Cash-free Net Working Capital to Revenue	-10.34%	-10.17%	0.00%	-9.70%	-15.97%	0.00%	-13.32%	-15.59%	-14.01%	-21.74%
Debt-free Net Working Capital to Revenue	25.58%	27.25%	0.00%	27.51%	20.75%	0.00%	21.95%	20.96%	27.76%	25.58%
Net Working Capital to Revenue	25.58%	27.25%	0.00%	27.51%	20.75%	0.00%	21.95%	20.96%	27.76%	25.58%
Earnings Adjustments	-	-	-	-	-	-	-	-	-	-
Adjusted Basic Earnings per Share	($0.30)	$0.00	($0.21)	$0.20	$0.00	($0.38)	($5.63)	($0.63)	($1.01)	$0.11
Adjusted Weighted Average Basic Shares Outstanding	70.42M	65.06M	64.39M	64.33M	63.81M	64.11M	64.10M	64.08M	63.92M	63.95M
Adjusted Diluted Earnings per Share	($0.30)	$0.00	($0.21)	$0.20	$0.00	($0.38)	($5.63)	($0.63)	($1.01)	$0.11
Adjusted Weighted Average Diluted Shares Outstanding	70.42M	65.69M	64.39M	70.10M	67.97M	68.30M	68.34M	68.18M	67.93M	68.90M
Adjusted Basic & Diluted Earnings per Share	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	($1.01)	$0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding	71.32M	71.31M	65.92M	65.11M	65.11M	64.72M	64.69M	64.68M	64.67M	64.62M
Normalized Net Operating Profit after Tax (NOPAT)	39	0.00	22	9.97	0.00	6.85	23	-21	17	37
Normalized NOPAT Margin	16.22%	0.00%	9.40%	5.31%	0.00%	3.26%	10.55%	-8.39%	5.38%	17.42%
Pre Tax Income Margin	-8.78%	0.00%	2.68%	9.79%	0.00%	-3.12%	-161.62%	-15.61%	6.03%	3.73%
Debt Service Ratios	-	-	-	-	-	-	-	-	-	-
EBIT to Interest Expense	0.63	0.00	1.13	-2.83	0.00	0.76	-7.80	0.00	2.34	2.37
NOPAT to Interest Expense	0.55	0.00	0.68	-1.21	0.00	0.26	-4.70	0.00	0.65	2.42
EBIT Less CapEx to Interest Expense	-1.26	0.00	1.13	-4.61	0.00	0.76	-7.80	0.00	-5.66	2.37
NOPAT Less CapEx to Interest Expense	-1.33	0.00	0.68	-2.99	0.00	0.26	-4.70	0.00	-7.35	2.42
Payout Ratios	-	-	-	-	-	-	-	-	-	-
Dividend Payout Ratio	-2,539.40%	794.21%	0.00%	-44.65%	-41.00%	0.00%	-61.91%	-233.07%	-403.95%	-511.94%
Augmented Payout Ratio	-2,856.91%	920.53%	0.00%	-48.79%	-42.51%	0.00%	-67.84%	-254.80%	-655.71%	-940.62%

Frequently Asked Questions About SL Green Realty's Financials

When does SL Green Realty's financial year end?

According to the most recent income statement we have on file, SL Green Realty's fiscal year ends in December. Their fiscal year 2024 ended on December 31, 2024.

How has SL Green Realty's net income changed over the last 9 years?

SL Green Realty's net income appears to be on a downward trend, with a most recent value of $30.22 million in 2024, falling from $317.46 million in 2015. The previous period was -$599.34 million in 2023. See where experts think SL Green Realty is headed by visiting SL Green Realty's forecast page.

What is SL Green Realty's operating income?

SL Green Realty's total operating income in 2024 was $27.87 million, based on the following breakdown:

Total Gross Profit: $774.53 million
Total Operating Expenses: $746.66 million

How has SL Green Realty revenue changed over the last 9 years?

Over the last 9 years, SL Green Realty's total revenue changed from $1.66 billion in 2015 to $886.27 million in 2024, a change of -46.7%.

How much debt does SL Green Realty have?

SL Green Realty's total liabilities were at $5.92 billion at the end of 2024, a 12.2% increase from 2023, and a 47.7% decrease since 2015.

How much cash does SL Green Realty have?

In the past 9 years, SL Green Realty's cash and equivalents has ranged from $127.89 million in 2017 to $279.44 million in 2016, and is currently $184.29 million as of their latest financial filing in 2024.

How has SL Green Realty's book value per share changed over the last 9 years?

Over the last 9 years, SL Green Realty's book value per share changed from 70.16 in 2015 to 56.57 in 2024, a change of -19.4%.

Related Companies

This page (NYSE:SLG) was last updated on 5/21/2025 by MarketBeat.com Staff

From Our Partners

Get 30 Days of MarketBeat All Access for Free

Start Your 30-Day Trial

In-depth profiles and analysis for 20,000 public companies.
Real-time analyst ratings, insider transactions, earnings data, and more.
Our daily ratings and market update email newsletter.

Sign In
Create Account

Your Email Address:

Your Password:

Forgot your password?

Your Email Address:

Choose a Password:

By creating a free account, you agree to our terms of service. This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

SL Green Realty (SLG) Financials

Frequently Asked Questions About SL Green Realty's Financials

Best-in-Class Portfolio Monitoring

Stock Ideas and Recommendations

Advanced Stock Screeners and Research Tools

About MarketBeat

MarketBeat Products

Popular Tools

Financial Calendars

Terms & Info

SL Green Realty (SLG) Financials

Annual Income Statements for SL Green Realty

Quarterly Income Statements for SL Green Realty

Annual Cash Flow Statements for SL Green Realty

Quarterly Cash Flow Statements for SL Green Realty

Annual Balance Sheets for SL Green Realty

Quarterly Balance Sheets for SL Green Realty

Annual Metrics And Ratios for SL Green Realty

Quarterly Metrics And Ratios for SL Green Realty

Frequently Asked Questions About SL Green Realty's Financials

MarketBeat All Access Features

Best-in-Class Portfolio Monitoring

Stock Ideas and Recommendations

Advanced Stock Screeners and Research Tools