SL Green Realty Corp. logo

SL Green Realty Corp. (SLG)

Common Stock · Currency in USD · XNYS

SL Green Realty is one of the largest Manhattan property owners and landlords, with interest in around 31.4 million square feet of wholly owned and joint-venture office space. The company has additional property exposure through its limited portfolio of well-located retail space. It operates as a real estate investment trust.

Company Info

SIC6798
Composite FIGIBBG000BVP5P2
CIK0001040971
IPOAug 15, 1997
Sectorreal estate investment trusts

Highlights

Market Cap$2.56B
EPS$1.40
P/E Ratio18.21
Revenue$973.47M
Gross Profit$979.27M
Net Income$140.64M
Employees1,289
WSO71,031,183
Phone(212) 594-2700

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Analysis

Share Price Chart

Performance Chart

The chart shows the growth of an initial investment of $10,000 in SL Green Realty Corp., comparing it to the performance of the S&P 500 index.
All prices have been adjusted for splits and dividends.

Returns By Period

SL Green Realty Corp. (SLG) has returned -21.69% so far this year and -25.70% over the past 12 months. Looking at the last ten years, SLG has achieved an annualized return of -9.09%, underperforming the Benchmark (SPY), which averaged 12.23% per year.

SLG

1M-10.65%
6M-39.58%
YTD-21.69%
1Y-25.70%
5Y-13.00%
10Y-9.09%

Benchmark (SPY)

1M-3.85%
6M-2.35%
YTD-4.36%
1Y34.06%
5Y9.80%
10Y12.23%

Monthly Returns

The table below presents the monthly returns of SL Green Realty Corp. (SLG) with color gradation from worst to best to easily spot seasonal factors.

JanFebMarAprMayJunJulAugSepOctNovDec
2026-2.76%-17.78%2.53%-2.54%
2025-1.19%-1.38%-10.04%-9.23%7.15%10.04%-6.96%-0.75%7.53%-14.43%-6.51%-1.12%
2024-0.18%7.73%14.24%-9.99%5.94%6.13%17.95%-1.83%6.37%8.51%2.05%-13.16%
202320.75%-16.31%-30.52%-5.51%-1.70%29.30%25.95%4.47%-5.57%-21.22%24.85%23.62%
2022-3.37%9.61%2.47%-15.11%-11.45%-25.66%7.98%-10.77%-8.46%-3.22%3.86%-19.90%
20219.28%1.57%-0.44%4.30%6.16%-6.69%-6.57%-0.10%-2.29%-1.69%3.96%
2020-0.37%-15.01%-45.38%32.43%-17.56%17.33%-6.21%1.06%0.37%-7.84%32.92%7.12%
201918.09%-2.03%-1.02%-2.06%-2.95%-6.84%0.10%-0.98%2.59%3.08%1.91%7.80%
2018-0.52%-3.53%0.46%0.85%-0.29%2.48%2.60%1.84%-6.42%-6.56%5.53%-18.31%
20170.24%3.34%-5.41%-1.54%-3.91%4.83%-2.66%-6.91%4.96%-5.56%6.86%-1.65%
20169.11%-4.35%5.38%11.43%-0.07%-8.18%-8.96%7.49%2.32%

Performance Indicators

The charts below present risk-adjusted performance metrics for SL Green Realty Corp. (SLG) and compare them to a Benchmark (SPY). These indicators evaluate an investment's returns against its associated risks.

Sharpe ratio

-2.00-1.000.001.002.003.00SLG: -1.02SPY: 0.92

Sortino ratio

-6.00-4.00-2.000.002.004.00SLG: -1.35SPY: 1.40

Omega ratio

0.501.001.502.00SLG: 0.85SPY: 1.22

Calmar ratio

0.002.004.006.00SLG: -0.77SPY: 1.20

Martin ratio

0.001.003.00SLG: -0.10SPY: 0.42

The Sharpe ratio helps investors understand how much return they're getting for the level of risk taken. A higher Sharpe ratio indicates better risk-adjusted performance, meaning more reward for each unit of risk.

These values reflect how efficiently the investment has delivered returns relative to its volatility over different time periods. All figures are annualized and based on daily total returns.

The chart below shows the rolling Sharpe ratio of SLG compared to the benchmark. This view highlights how the investment's risk-adjusted performance has changed over time.

Volatility Chart

The current SL Green Realty Corp. volatility is 2.44%, representing the standart deviation of percentage change in the investments's value, either up or down over the past month. The chart below shows the rolling one-month volatility.

Drawdowns Chart

The Drawdowns chart displays portfolio losses from any high point along the way. It shows the maximum percentage drop from a peak to a trough over a specified period, indicating the risk of significant losses.
Although chart shows positive values, it represents the percentage drop from the peak, so a value of 10% means the portfolio has dropped 10% from its highest point.

Income Statement

The income statement provides a summary of a company's revenues, expenses, and profits over a specific period. It shows how much money the company earned (revenues) and how much it spent (expenses), leading to the net income or profit. This statement is crucial for understanding a company's financial performance and profitability.

202520242023202220212020201920182017201620152014201320122011
Liabilities And Equity (USD)11.08B10.47B9.53B12.36B11.07B11.71B12.77B12.75B13.98B15.86B19.86B17.10B14.96B14.39B13.48B
Temporary Equity Attributable To Parent (USD)------283.29M--302.01M282.52M71.12M---
Temporary Equity (USD)440.64M485.01M404.55M447.94M540.33M560.43M283.29M300.43M301.74M302.01M282.52M71.12M---
Equity Attributable To Parent (USD)3.67B3.95B3.79B4.59B4.76B4.91B5.44B5.90B6.23B7.32B7.29B6.94B6.53B6.42B5.98B
Equity Attributable To Noncontrolling Interest (USD)241.29M118.65M69.61M61.89M13.38M26.03M75.88M46.33M364.36M426.44M431.85M521.84M491.47M487.30M477.76M
Equity (USD)3.91B4.07B3.86B4.65B4.78B4.94B5.52B5.95B6.59B7.75B7.72B7.46B7.02B6.91B6.45B
Redeemable Noncontrolling Interest, Preferred (USD)199.27M196.06M166.50M177.94M196.08M202.17M-300.43M301.74M------
Redeemable Noncontrolling Interest, Common (USD)241.37M288.94M238.05M269.99M344.25M358.26M---------
Redeemable Noncontrolling Interest (USD)440.64M485.01M404.55M447.94M540.33M560.43M-300.43M301.74M------
Commitments and Contingencies (USD)---------------
Long-term Debt (USD)---3.23B1.39B1.98B2.18B1.96B2.84B6.57B10.46B8.47B6.97B-6.52B-6.09B
Noncurrent Liabilities (USD)---------------
Current Liabilities (USD)6.73B5.92B5.27B7.26B5.75B6.21B6.56B6.12B6.63B7.33B11.43B9.10B7.63B7.22B6.83B
Liabilities (USD)6.73B5.92B5.27B7.26B5.75B6.21B6.56B6.12B6.63B7.33B11.43B9.10B7.63B7.22B6.83B
Noncurrent Assets (USD)---------------
Current Assets (USD)11.08B10.47B9.53B12.36B11.07B11.71B12.77B12.75B13.98B15.86B19.86B17.10B14.96B14.39B13.48B
Assets (USD)11.08B10.47B9.53B12.36B11.07B11.71B12.77B12.75B13.98B15.86B19.86B17.10B14.96B14.39B13.48B

News and Insights

SL Green Realty Corp. Announces Annual Ordinary Dividend of $2.47 per Share

SL Green Realty Corp., Manhattan's largest office landlord, announced an annual ordinary dividend of $2.47 per share for 2026, with quarterly payments of $0.6175 per share starting April 15, 2026. The dividend represents a 6.6% yield at the current share price and allows the company to retain liquidity for debt extinguishment, share repurchases, and development projects. The company reported record first-quarter office leasing activity and expects same-store leased occupancy to reach nearly 95% by year-end 2026.

Benzinga faviconBenzingaGlobe Newswire
4 REITs Offering Monthly Dividends With Yields Up to 11.7%

The article examines four monthly-dividend-paying REITs with yields between 5% and 11.7%, positioning them as alternatives to traditional quarterly dividend stocks. While monthly payouts offer more frequent income and compounding benefits, the author cautions that principal preservation requires careful stock selection. The featured REITs face mixed outlooks: Realty Income offers stability but limited growth, SL Green faces leverage concerns, Apple Hospitality shows value but dividend growth has stalled, and Ellington Financial offers high yields but with elevated payout ratios.

Investing.com faviconInvesting.comBrett Owens
SL Green Closes Acquisition of Park Avenue Tower

SL Green Realty Corp. has closed its acquisition of Park Avenue Tower at 65 East 55th Street for $730 million, financed with a $480 million CMBS mortgage at 5.25% effective rate. The Class A office building acquisition strengthens SL Green's presence on Park Avenue and is part of the company's 2026 capital markets strategy.

Benzinga faviconBenzingaGlobe Newswire
$20 Million Exit From Manhattan’s Biggest Office Landlord Raises Questions as Stock Slides 30%

Toronto-based Vision Capital Corp completely exited its $20.43 million stake in SL Green Realty during Q3, selling 330,000 shares. Despite SL Green showing operational improvements with rising occupancy rates and increased leasing activity, the stock has declined 32% over the past year as market sentiment remains skeptical about office real estate recovery and work-from-home dynamics.

The Motley Fool faviconThe Motley FoolJonathan Ponciano
SL Green Announces Series of Transactions at 800 Third Avenue

SL Green Realty Corp acquired its joint venture partners' 39.48% interest in 800 Third Avenue for $5.1 million and modified its existing mortgage, extending the maturity date to February 2031 while maintaining the same interest rate.

Benzinga faviconBenzingaGlobe Newswire
SL Green Realty Corp. Announces  Common Stock Dividend

SL Green Realty Corp., Manhattan's largest office landlord, declared a monthly dividend of $0.2575 per share, equivalent to an annualized dividend of $3.09 per share, payable on November 17, 2025.

Benzinga faviconBenzingaGlobe Newswire
SL Green Announces Acquisition of Park Avenue Tower

SL Green Realty Corp has entered into a contract to acquire Park Avenue Tower, a 36-story office building located at 65 East 55th Street in Manhattan, for $730 million. The transaction is expected to close in Q1 2026 and is part of the company's strategy to expand its Park Avenue portfolio.

Benzinga faviconBenzingaGlobe Newswire
SL Green Announces Series of Transactions at 1552-1560 Broadway

SL Green Realty Corp completed two transactions at a Times Square property, acquiring debt for $63 million and establishing a ground lease through 2074, positioning the asset for future value.

Benzinga faviconBenzingaGlobe Newswire
SL Green Realty Corp. Announces Common Stock and Preferred Stock Dividends

SL Green Realty Corp., Manhattan's largest office landlord, declared a monthly common stock dividend of $0.2575 per share and a quarterly preferred stock dividend of $0.40625 per share, both payable on October 15, 2025.

Benzinga faviconBenzingaGlobe Newswire
SL Green Announces Acquisition of 346 Madison Avenue

SL Green Realty Corp has entered into a contract to purchase 346 Madison Avenue and 11 East 44th Street for $160 million, with plans to develop a new office building in Midtown East, Manhattan.

Benzinga faviconBenzingaGlobe Newswire