MARKETS / NYSE / SLG

NYSE · REAL ESTATE INVESTMENT TRUSTS · LARGE CAP

SL Green Realty Corp. SLG

18 fiscal years on record · USD · FY2025 reported · SEC filings only

Revenue

$1.0B

▲ 13.2% YoY

Net income

$-96.9M

▼ 540.3% YoY

In brief

What this company does

SL Green Realty Corp. is primarily engaged in the ownership, management, operation, acquisition, development, redevelopment, repositioning and financing of commercial real estate properties, principally office properties, located in the New York metropolitan area, principally in Manhattan. Its corporate offices are located in midtown Manhattan at One Vanderbilt Avenue, New York, New York 10017. As of December 31, 2025, the company employed 1,289 employees, 337 of whom were employed in its corporate offices. The Company has three reportable segments: real estate, debt and preferred equity investments, and SUMMIT. As of December 31, 2025, one tenant in its office portfolio, Paramount Global, contributed 5.3% of its share of annualized cash rent, and no other tenant contributed more than 5.0%. SUMMIT One Vanderbilt is an observation deck at One Vanderbilt Avenue that opened in October 2021 and welcomed approximately 2.2 million visitors in 2025. The company was formed in June 1997 to continue the commercial real estate business of S.L. Green Properties, Inc., its predecessor entity.

Written from the business description in SL GREEN REALTY CORP's annual report to the U.S. Securities and Exchange Commission, filed 17 February 2026. Every sentence was checked against that document before publication.

Growth

USD 1.0B

Revenue, FY2025 · full 18-year series below

Revenue $B Net income $B

FY2025 · Revenue 1.0 · Net income -0.1

Compound annual growth

Revenue

+2.9%

−1.0%

−4.9%

−0.5%

Dividend / share

−5.7%

−8.9%

+2.1%

+14.6%

Returned to shareholders

−16.3%

−21.6%

−0.6%

+9.9%

3 yrs

5 yrs

10 yrs

15 yrs

Revenue compounded at −1.0% a year over five years.

Compound annual rates per period — left blank where that exact year isn't on file, the series crosses a loss, or (per-share rows) a split falls inside the window.

Profitability

−10 cents

lost on every revenue dollar

Operating margin Net margin

FY2025 · Operating 65.0% · Net -9.7%

ROE

FY2025 · ROE -2.5%

Gross margin—

Operating margin65.0%

Net margin-9.7%

Return on assets-0.9%

EBITDAUSD 914.7M

Each USD of equity lost 3 cents this year.

Cash & shareholders

USD 242.6M

returned in FY2025 · dividends + net buybacks

Free cash flow $M

FY2019 · FCF 123.5

Net buybacks $M Dividends $M

FY2025 · Dividends 242.6 · Net buybacks —

Dividends paidUSD 242.6M

Net buybacks—

Share of profit-250.4%

Consecutive raises1 years

USD 242.6M in dividends went back to shareholders in a year without profit.

Total assetsUSD 11.1B

EquityUSD 3.7B

CashUSD 155.7M

Gross debtUSD 2.1B

Net debtUSD 2.0B

Net debt stands at 54% of equity.

The 18-year record

18 fiscal years

Every figure from documents filed with the SEC · USD

row low → row highnegative

Metric	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008
Revenue $B	1.0	0.9	0.9	0.9	0.9	1.1	1.2	1.2	1.5	0.2	1.7	1.5	1.4	1.3	1.2	1.1	1.0	1.1
Operating income $B	0.7	0.7	0.6	0.6	·	·	·	·	·	·	·	·	·	·	·	·	·	·
EBITDA $B	0.9	0.9	0.9	0.8	·	·	·	·	·	·	·	·	·	·	·	·	·	·
Income tax $B	·	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	·
Net income $B	−0.1	0.0	−0.6	−0.1	0.4	0.4	0.3	0.2	0.1	0.2	0.3	0.5	0.1	0.2	0.6	0.3	0.1	0.4
Free cash flow $B	·	·	·	·	·	·	0.1	0.2	0.2	0.2	0.1	0.1	0.2	0.2	0.1	0.2	0.2	0.2
EPS, diluted $	−1.61	0.08	−9.12	−1.49	6.50	5.01	3.28	2.75	0.87	2.34	2.70	5.23	1.10	1.74	7.33	3.45	0.54	6.20
Dividend / sh $	3.09	3.01	3.23	3.69	6.27	4.94	3.64	3.38	3.14	2.94	2.52	2.10	1.49	1.08	0.55	0.40	0.68	2.74
Payout %	−250	994	−41	−336	60	79	113	127	329	126	91	40	110	62	10	20	136	53
ROE %	−2.5	0.6	−13.5	−1.7	9.3	7.2	4.8	4.1	1.5	3.4	4.0	7.7	2.1	3.2	11.9	6.5	1.3	·
Shares out B	0.07	0.07	0.07	0.07	0.07	0.07	0.08	0.08	0.09	0.10	0.10	0.10	0.10	0.09	0.09	0.08	0.08	·

Slide the table for earlier years · "·" marks a figure not available in our data for that year.

Provenance

Company facts, as filed

How we verify · 1 failures · 1 divergences in 53 reconciliationsAUDITED

Reconciled in 16 of 19 fiscal years. 1 of those reconciliations are divergences — the figures exist but don't fit the formula this check expects; that isn't the same as an error. 4 checks could not be computed.

EPS recomputationBalance-sheet identityGross profitBalance-sheet liquiditymoeda_consistente1 failures1 divergent

ActivityReal Estate Investment Trusts

Listed onNYSE

Incorporated inMaryland

Fiscal year endsDecember 31

Data on record since2008