Stocks · Real Estate · REIT - Office
SL Green Realty Corp. SLG
$48.01 -1.64% Close, Oct 5, 2026 · NYSE · Market cap $3.47B
Expensive vs sectorHigh risk
Next earnings report: Oct 21, 2026
Scroll or pinch to zoom, drag to move. Daily prices adjusted for splits. Markers: E = earnings (green beat, red miss), S = split, D = dividend.
Three things to know
- Operating margin widened to 40.9% from 18.1% a year earlier.
- Revenue over the last four quarters was $1.04B, up 62.1% from a year earlier, accelerating from 53.2% a quarter earlier.
- Net debt is 10.1× EBITDA, a high level of leverage.
PromtFinance scores
Each score is a percentile within the Real Estate sector (0–100). Under each score: how the stock ranks in its sector on every component. As of Oct 6, 2026.
How fast revenue, earnings and cash flow are growing.
- Revenue growth (TTM, YoY)Top 10%
- FCF growth (TTM, YoY)Bottom 11%
- Revenue growth, 3-year CAGRTop 50%
- Revenue growth accelerationTop 9%
Returns on capital, margins, earnings quality and balance-sheet strength.
- Return on invested capitalBottom 46%
- Gross marginTop 49%
- Operating marginTop 25%
- Accruals (lower is better)Bottom 37%
- Net debt / EBITDA (lower is better)Bottom 26%
- Interest coverTop 36%
How cheap the shares are relative to earnings, cash flow and their own history.
- Earnings yieldBottom 16%
- Free-cash-flow yieldBottom 21%
- EBITDA / enterprise valueBottom 42%
- Sales / enterprise valueTop 41%
Strength and persistence of the price trend, including versus the S&P 500.
- 12-month return excluding last monthBottom 30%
- 6-month returnTop 7%
- 1-year return vs S&P 500Bottom 30%
- Distance from 52-week highBottom 48%
- Trend checklist (0–4)Top 17%
Earnings surprises and analyst sentiment (estimate-revision history is being collected).
- Average EPS surprise, last 4 quartersTop 6%
- Consecutive EPS beatsBottom 48%
- Share of analysts rating BuyBottom 27%
- Upside to consensus price targetBottom 48%
Low volatility, shallow drawdowns, low market sensitivity and modest leverage.
- Volatility, 60 days (lower is better)Bottom 22%
- Maximum drawdown, 3 yearsBottom 22%
- Beta vs S&P 500 (lower is better)Bottom 6%
- Net debt / EBITDA (lower is better)Bottom 26%
What changed
Latest four quarters versus the same period a year earlier (growth: versus one quarter earlier).
| Measure | Before | Now | |
|---|---|---|---|
| Revenue growth (YoY) | 53.2% | 62.1% | ↑ |
| Gross margin | 31.7% | 51.1% | ↑ |
| Operating margin | 18.1% | 40.9% | ↑ |
| FCF margin | 17.2% | -3.5% | ↓ |
Fundamental momentum
| Measure | Now (TTM) | Year / quarter before | Sector rank | |
|---|---|---|---|---|
| Revenue growth (TTM, YoY) | 62.1% | 53.2% | ↑ | Top 10% |
| Gross margin | 51.1% | 31.7% | ↑ | Top 49% |
| Operating margin | 40.9% | 18.1% | ↑ | Top 25% |
| Net margin | -16.6% | -2.0% | ↓ | — |
| Free-cash-flow margin | -3.5% | 17.2% | ↓ | — |
| Return on invested capital | 3.6% | — | Bottom 46% | |
| Revenue growth, 3-year CAGR | 5.2% | — | Top 50% |
Quality of earnings and balance sheet
- Accruals (net income − OCF) / assetsLower is better; high accruals can signal weaker earnings quality.
- -2.2%
- Stock-based compensation / revenueA cost to shareholders through dilution.
- 0.0%
- Receivables growth vs revenue growthReceivables growing much faster than sales can be a warning.
- -143.0 pp
- Net debt / EBITDABelow 1× is conservative; above 3× is high leverage.
- 10.12×
- Interest cover (operating income / interest)How many times operating profit covers interest.
- 1.8×
Shareholder returns
- Dividend yield (dividends paid, TTM)
- 5.66%
- Net buyback yield (TTM)
- -0.23%
- Shareholder yield
- 5.42%
- Share count change, 1 year
- +0.8%
- Share count change, 3-year CAGR
- +3.7%
Shareholder yield = dividends + net buybacks over the last four quarters, divided by market cap.
Based on the four quarters through Jun 30, 2026 (filed Aug 6, 2026).
Earnings and expectations
Earnings momentum
- Consecutive EPS beats
- 1
- Beats in the last 8 reports
- 4 of 8
- Average EPS surprise, last 4
- +100.0%
- Average 2-day reaction, last 8
- +0.5%
- Positive 20 days after report
- 4 of 8
Analysts
- Consensus price target
- $58.72
- Target vs current price
- +22.3%
- Analysts with a rating
- 31
- Share rating Buy or Strong Buy
- 35%
- Consensus rating
- Hold
How the stock reacted to recent reports
| Report date | EPS surprise | 2 days | 5 days | 20 days | 60 days |
|---|---|---|---|---|---|
| Jul 22, 2026 | +35.2% | -1.4% | +4.4% | +11.8% | — |
| Apr 15, 2026 | -58.8% | +2.4% | +7.2% | +7.4% | +19.7% |
| Jan 28, 2026 | -98.4% | -3.0% | -6.1% | -15.8% | -6.3% |
| Oct 15, 2025 | +656.3% | +2.0% | -6.1% | -9.3% | -11.9% |
| Jul 16, 2025 | -206.1% | +2.5% | -2.8% | -13.7% | -6.9% |
| Apr 16, 2025 | -11.4% | +0.4% | +2.7% | +9.8% | +22.0% |
| Jan 22, 2025 | +148.7% | +0.0% | -4.4% | -2.2% | -22.1% |
| Oct 16, 2024 | +58.5% | +1.3% | +6.9% | +7.3% | -12.8% |
Returns from the close before each report. Past reactions do not determine future ones.
Earnings history
| Report date | EPS | Estimate | Surprise | Revenue |
|---|---|---|---|---|
| Jul 22, 2026 | -$0.38 | -$0.59 | +35.2% | $171.8M |
| Apr 15, 2026 | -$1.20 | -$0.76 | -58.8% | $166.0M |
| Jan 28, 2026 | -$1.33 | -$0.67 | -98.4% | $159.8M |
| Oct 15, 2025 | $0.35 | $0.05 | +656.3% | $149.7M |
| Jul 16, 2025 | -$0.16 | -$0.05 | -206.1% | $147.5M |
| Apr 16, 2025 | -$0.29 | -$0.26 | -11.4% | $144.5M |
| Jan 22, 2025 | $0.13 | -$0.27 | +148.7% | $139.6M |
| Oct 16, 2024 | -$0.21 | -$0.51 | +58.5% | $139.6M |
Valuation in context
| Multiple | Now | 5-year median | 5-year percentile | Sector rank (cheapness) |
|---|---|---|---|---|
| EV / EBITDA | 17.2× | — | — | Bottom 42% |
| EV / Sales | 8.14× | — | — | Top 41% |
| Free-cash-flow yield | -1.06% | — | — | Bottom 21% |
| Earnings yield | -5.27% | — | — | Bottom 16% |
P/E over the past five years
Range 8.3× – 18.5× since Jun 30, 2021. Each point: price on the filing date divided by trailing-twelve-month EPS known then.
Technical state
Trend checklist
- ✗ Price above 20-day average
- ✗ Price above 50-day average
- ✓ Price above 200-day average
- ✓ 50-day average above 200-day
- ✗ MACD histogram positive
Trend quality
- Days above the 50-day average
- 0
- Days above the 200-day average
- 85
- 50-day average slope (20 days)
- -0.1%
- 200-day average slope (20 days)
- +1.3%
- Distance from 50-day average
- -11.1%
- Distance from 200-day average
- +3.0%
- RSI (14)
- 30.9
- Relative volume
- 0.81×
Risk and drawdowns
- Volatility, 60 days (annualized)
- 32.7%
- Volatility vs own 5-year history
- 15th percentile · Low for this stock
- Beta vs S&P 500 (2 years, weekly)
- 1.11
- Correlation with S&P 500
- 0.43
- Current drawdown from 1-year high
- -19.8%
- Maximum drawdown, 3 years
- -56.5%
Largest declines in the past six years
| From peak | To low | Decline | Length | Recovery |
|---|---|---|---|---|
| Jun 10, 2021 | Mar 23, 2023 | -77.3% | 449 days | Not yet recovered |
| Oct 8, 2020 | Oct 29, 2020 | -21.4% | 15 days | 7 days (Nov 9, 2020) |
| Nov 9, 2020 | Nov 12, 2020 | -13.1% | 3 days | 3 days (Nov 17, 2020) |
| Dec 4, 2020 | Dec 21, 2020 | -12.8% | 11 days | 24 days (Jan 27, 2021) |
| Jan 29, 2021 | Feb 18, 2021 | -11.0% | 13 days | 3 days (Feb 23, 2021) |
Declines of 10% or more from a closing high, measured on daily closes.
Financial statements
- Market cap
- $3.47B
- EPS, diluted (TTM)
- -$2.53
- Revenue (TTM)
- $1.04B
- Dividend yield
- 4.93%
- 52-week range
- $34.77 – $60.82
| FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|
| Revenue | $805.9M | $861.5M | $837.2M | $706.6M | $1.00B |
| Gross profit | $440.2M | $433.1M | $375.1M | $252.6M | $341.8M |
| Operating income | $345.3M | $339.3M | $263.7M | $167.4M | $154.0M |
| Net income | $457.1M | -$71.6M | -$543.5M | $30.7M | -$88.3M |
| EPS (diluted) | $6.50 | -$1.38 | -$8.23 | $0.08 | -$1.18 |
| Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | Q1 2026 | Q2 2026 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | $214.3M | -$33.9M | $241.0M | $219.1M | $244.8M | $276.5M | $253.1M | $264.0M |
| Net income | -$7.4M | $15.3M | -$15.2M | -$5.2M | $30.8M | -$98.7M | -$78.5M | -$26.5M |
| EPS (diluted) | -$0.20 | $0.13 | -$0.28 | -$0.15 | $0.34 | -$1.29 | -$1.20 | -$0.38 |
| FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|
| Operating cash flow | $256.0M | $417.8M | $229.5M | $291.1M | $82.9M |
| Capital expenditure | $0 | -$300.8M | $0 | -$211.9M | $0 |
| Free cash flow | $256.0M | $117.1M | $229.5M | $79.2M | $82.9M |
| Dividends paid | -$271.1M | -$262.1M | -$230.9M | -$218.8M | -$264.0M |
| Net share buybacks | -$342.8M | -$209.5M | -$20.3M | $386.6M | -$843,000 |
Cash outflows are shown as negative numbers.
- Cash and short-term investments
- $202.1M
- Total assets
- $11.81B
- Total liabilities
- $7.39B
- Total debt
- $5.17B
- Net debt
- $4.99B
- Shareholders’ equity
- $3.42B
As of Jun 30, 2026 (filed Aug 6, 2026).
Dividends
| Ex-date | Amount | Paid |
|---|---|---|
| Sep 30, 2026 | $0.62 | Oct 15, 2026 |
| Jun 30, 2026 | $0.62 | Jul 15, 2026 |
| Mar 31, 2026 | $0.62 | Apr 15, 2026 |
| Nov 28, 2025 | $0.26 | Dec 15, 2025 |
| Oct 31, 2025 | $0.26 | Nov 17, 2025 |
| Sep 30, 2025 | $0.26 | Oct 15, 2025 |
| Aug 29, 2025 | $0.26 | Sep 15, 2025 |
| Jul 31, 2025 | $0.26 | Aug 15, 2025 |
Short interest
- Shares sold short
- 11,331,695
- Days to cover
- 15.64
- Change vs previous report
- +4.9%
FINRA short interest, settlement date Sep 15, 2026.
Stock splits
- Jan 24, 2022
- 97-for-100
- Jan 21, 2021
- 971-for-1,000