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SL Green Realty Corp.

SLGReal EstateNASDAQ

REIT - Office · Last scanned May 30, 2026

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Financials · Annual
Revenue
$940.3M
+8.4% YoY
Net Income
-$88.3M
-388.0% YoY
EBITDA
$418.5M
+2.2% YoY
Free Cash Flow
$743.5M

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About SL Green Realty Corp.

SL Green Realty Corp. is a self-managed real estate investment trust, or REIT, with in-house capabilities in property management, acquisitions and dispositions, debt investing, financing, development, redevelopment,. The $3.50B market capitalization puts SLG squarely in mid-cap range for its industry. As of December 31, 2025, the Company held interests in 56 buildings totaling 31.4 million square feet.

Key stats
Market Cap$3.50B
Fwd P/E-24.99
EPS$-2.51
Beta1.60
52W Change-20.9%
Dividend Yield5.90%
ROE-3.5%
Analysis

SL Green Realty Corp. carries $6.54B in total debt against $153.3M in cash reserves — debt is roughly 42.7x the cash position. Managing this leverage effectively will be important for long-term financial stability. The company generates $743.5M in free cash flow annually, which funds everything from R&D to shareholder returns without needing external financing. ROE of -3.5% points to negative capital efficiency, indicating how much profit the company produces per dollar of shareholder equity. ROA of 0.5% is on the lower side, which is common in asset-heavy industries. Revenue has been relatively flat, moving from $919.5M (2022) to $940.3M (2025).

SL Green Realty Corp.'s elevated beta suggests the stock experiences more pronounced price movements than the overall market, which increases both upside potential and downside risk. SL Green Realty Corp. carries a heavier debt load relative to its cash position, which introduces financial risk that investors should weigh. It is important to consider these factors alongside broader market conditions and individual financial goals when reviewing SLG.

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