SL GREEN REALTY CORP (SLG) Fundamental Analysis & Valuation
NYSE:SLG • US78440X8873
Current stock price
40.66 USD
+1.59 (+4.07%)
At close:
40.66 USD
0 (0%)
After Hours:
This SLG fundamental analysis includes valuation metrics, fair value assessment, financial health analysis, profitability trends, growth metrics and dividend sustainability analysis.
1. SLG Profitability Analysis
1.1 Basic Checks
- In the past year SLG has reported negative net income.
- SLG had a positive operating cash flow in the past year.
- In multiple years SLG reported negative net income over the last 5 years.
- Each year in the past 5 years SLG had a positive operating cash flow.
1.2 Ratios
- With a Return On Assets value of -1.03%, SLG is not doing good in the industry: 67.48% of the companies in the same industry are doing better.
- SLG's Return On Equity of -2.94% is on the low side compared to the rest of the industry. SLG is outperformed by 64.23% of its industry peers.
- With a Return On Invested Capital value of 1.49%, SLG is not doing good in the industry: 73.98% of the companies in the same industry are doing better.
- Measured over the past 3 years, the Average Return On Invested Capital for SLG is below the industry average of 3.13%.
- The last Return On Invested Capital (1.49%) for SLG is above the 3 year average (1.10%), which is a sign of increasing profitability.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -1.03% | ||
| ROE | -2.94% | ||
| ROIC | 1.49% |
ROA(3y)-2.36%
ROA(5y)-0.79%
ROE(3y)-5.85%
ROE(5y)-2.17%
ROIC(3y)1.1%
ROIC(5y)1.2%
1.3 Margins
- Looking at the Operating Margin, with a value of 18.97%, SLG is in line with its industry, outperforming 44.72% of the companies in the same industry.
- SLG's Operating Margin has declined in the last couple of years.
- SLG's Gross Margin of 47.64% is on the low side compared to the rest of the industry. SLG is outperformed by 79.67% of its industry peers.
- SLG's Gross Margin has declined in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 18.97% | ||
| PM (TTM) | N/A | ||
| GM | 47.64% |
OM growth 3Y-0.68%
OM growth 5Y-2.18%
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y-3.56%
GM growth 5Y-5.46%
2. SLG Health Analysis
2.1 Basic Checks
- With a Return on Invested Capital (ROIC) below the Cost of Capital (WACC), SLG is destroying value.
- The number of shares outstanding for SLG remains at a similar level compared to 1 year ago.
- Compared to 5 years ago, SLG has more shares outstanding
- Compared to 1 year ago, SLG has a worse debt to assets ratio.
2.2 Solvency
- SLG has an Altman-Z score of 0.24. This is a bad value and indicates that SLG is not financially healthy and even has some risk of bankruptcy.
- SLG has a Altman-Z score of 0.24. This is in the lower half of the industry: SLG underperforms 60.98% of its industry peers.
- SLG has a Debt/Equity ratio of 1.33. This is a high value indicating a heavy dependency on external financing.
- SLG has a Debt to Equity ratio (1.33) which is in line with its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.33 | ||
| Debt/FCF | N/A | ||
| Altman-Z | 0.24 |
ROIC/WACC0.23
WACC6.4%
2.3 Liquidity
- A Current Ratio of 0.47 indicates that SLG may have some problems paying its short term obligations.
- SLG has a Current ratio of 0.47. This is in the lower half of the industry: SLG underperforms 76.42% of its industry peers.
- A Quick Ratio of 0.47 indicates that SLG may have some problems paying its short term obligations.
- SLG has a Quick ratio of 0.47. This is in the lower half of the industry: SLG underperforms 76.42% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.47 | ||
| Quick Ratio | 0.47 |
3. SLG Growth Analysis
3.1 Past
- SLG shows a strong negative growth in Earnings Per Share. In the last year the EPS decreased by -2100.00%.
- Looking at the last year, SLG shows a quite strong growth in Revenue. The Revenue has grown by 13.18% in the last year.
- SLG shows a decrease in Revenue. Measured over the last years, the Revenue has been decreasing by -0.96% yearly.
EPS 1Y (TTM)-2100%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%-1115.38%
Revenue 1Y (TTM)13.18%
Revenue growth 3Y2.94%
Revenue growth 5Y-0.96%
Sales Q2Q%-35%
3.2 Future
- Based on estimates for the next years, SLG will show a decrease in Earnings Per Share. The EPS will decrease by -4.56% on average per year.
- SLG is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 2.99% yearly.
EPS Next Y-66.49%
EPS Next 2Y-15.96%
EPS Next 3Y1.54%
EPS Next 5Y-4.56%
Revenue Next Year12.13%
Revenue Next 2Y3.62%
Revenue Next 3Y4.51%
Revenue Next 5Y2.99%
3.3 Evolution
- When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is accelerating.
4. SLG Valuation Analysis
4.1 Price/Earnings Ratio
- The Price/Earnings Ratio is negative for SLG. In the last year negative earnings were reported.
- Besides the negative Price/Earnings Ratio, also the Forward Price/Earnings Ratio is negative for SLG. No positive earnings are expected for the next year.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | N/A | ||
| Fwd PE | N/A |
4.2 Price Multiples
- Based on the Enterprise Value to EBITDA ratio, SLG is valued a bit more expensive than the industry average as 68.29% of the companies are valued more cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | N/A | ||
| EV/EBITDA | 17.43 |
4.3 Compensation for Growth
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y-15.96%
EPS Next 3Y1.54%
5. SLG Dividend Analysis
5.1 Amount
- With a Yearly Dividend Yield of 6.54%, SLG is a good candidate for dividend investing.
- SLG's Dividend Yield is a higher than the industry average which is at 7.71.
- Compared to an average S&P500 Dividend Yield of 1.82, SLG pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 6.54% |
5.2 History
- The dividend of SLG decreases each year by -3.27%.
- SLG has been paying a dividend for at least 10 years, so it has a reliable track record.
Dividend Growth(5Y)-3.27%
Div Incr Years0
Div Non Decr Years0
5.3 Sustainability
- SLG has negative earnings and hence a negative payout ratio. The dividend may be in danger.
- SLG's earnings and Dividend Rate are declining. This means the current dividend is most likely not sustainable.
DP-213.58%
EPS Next 2Y-15.96%
EPS Next 3Y1.54%
SLG Fundamentals: All Metrics, Ratios and Statistics
40.66
+1.59 (+4.07%)
Chartmill FA Rating
GICS SectorReal Estate
GICS IndustryGroupEquity Real Estate Investment Trusts (REITs)
GICS IndustryDiversified REITs
Earnings (Last)01-28 2026-01-28/amc
Earnings (Next)04-15 2026-04-15/amc
Inst Owners96.76%
Inst Owner Change-0.01%
Ins Owners0.28%
Ins Owner Change-5.14%
Market Cap2.89B
Revenue(TTM)1.00B
Net Income(TTM)-113.60M
Analysts73.33
Price Target47.49 (16.8%)
Short Float %15.95%
Short Ratio7.95
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 6.54% |
Yearly Dividend3.41
Dividend Growth(5Y)-3.27%
DP-213.58%
Div Incr Years0
Div Non Decr Years0
Ex-Date03-31 2026-03-31 (0.6175)
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)41.24%
Min EPS beat(2)-161.39%
Max EPS beat(2)243.88%
EPS beat(4)2
Avg EPS beat(4)-6.8%
Min EPS beat(4)-161.39%
Max EPS beat(4)243.88%
EPS beat(8)6
Avg EPS beat(8)33.02%
EPS beat(12)6
Avg EPS beat(12)0.61%
EPS beat(16)8
Avg EPS beat(16)-681.4%
Revenue beat(2)1
Avg Revenue beat(2)-2.43%
Min Revenue beat(2)-6.96%
Max Revenue beat(2)2.09%
Revenue beat(4)1
Avg Revenue beat(4)-4.61%
Min Revenue beat(4)-6.96%
Max Revenue beat(4)2.09%
Revenue beat(8)3
Avg Revenue beat(8)6.05%
Revenue beat(12)4
Avg Revenue beat(12)1.83%
Revenue beat(16)8
Avg Revenue beat(16)6.74%
PT rev (1m)-8.34%
PT rev (3m)-16.19%
EPS NQ rev (1m)-9.23%
EPS NQ rev (3m)-118.46%
EPS NY rev (1m)-3.84%
EPS NY rev (3m)-59.08%
Revenue NQ rev (1m)3.43%
Revenue NQ rev (3m)5.53%
Revenue NY rev (1m)1.65%
Revenue NY rev (3m)3.82%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | N/A | ||
| Fwd PE | N/A | ||
| P/S | 2.88 | ||
| P/FCF | N/A | ||
| P/OCF | 34.84 | ||
| P/B | 0.75 | ||
| P/tB | 0.77 | ||
| EV/EBITDA | 17.43 |
EPS(TTM)-1.6
EYN/A
EPS(NY)-2.66
Fwd EYN/A
FCF(TTM)-6.26
FCFYN/A
OCF(TTM)1.17
OCFY2.87%
SpS14.12
BVpS54.49
TBVpS52.5
PEG (NY)N/A
PEG (5Y)N/A
Graham Number0 (-100%)
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -1.03% | ||
| ROE | -2.94% | ||
| ROCE | 1.89% | ||
| ROIC | 1.49% | ||
| ROICexc | 1.52% | ||
| ROICexgc | 1.61% | ||
| OM | 18.97% | ||
| PM (TTM) | N/A | ||
| GM | 47.64% | ||
| FCFM | N/A |
ROA(3y)-2.36%
ROA(5y)-0.79%
ROE(3y)-5.85%
ROE(5y)-2.17%
ROIC(3y)1.1%
ROIC(5y)1.2%
ROICexc(3y)1.12%
ROICexc(5y)1.22%
ROICexgc(3y)1.19%
ROICexgc(5y)1.29%
ROCE(3y)1.39%
ROCE(5y)1.52%
ROICexgc growth 3Y6.27%
ROICexgc growth 5Y-1.2%
ROICexc growth 3Y5.95%
ROICexc growth 5Y-1.54%
OM growth 3Y-0.68%
OM growth 5Y-2.18%
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y-3.56%
GM growth 5Y-5.46%
F-Score4
Asset Turnover0.09
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.33 | ||
| Debt/FCF | N/A | ||
| Debt/EBITDA | 11.4 | ||
| Cap/Depr | 200.66% | ||
| Cap/Sales | 52.57% | ||
| Interest Coverage | 0.86 | ||
| Cash Conversion | 18.3% | ||
| Profit Quality | N/A | ||
| Current Ratio | 0.47 | ||
| Quick Ratio | 0.47 | ||
| Altman-Z | 0.24 |
F-Score4
WACC6.4%
ROIC/WACC0.23
Cap/Depr(3y)133.74%
Cap/Depr(5y)152.87%
Cap/Sales(3y)34.96%
Cap/Sales(5y)39.71%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)-2100%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%-1115.38%
EPS Next Y-66.49%
EPS Next 2Y-15.96%
EPS Next 3Y1.54%
EPS Next 5Y-4.56%
Revenue 1Y (TTM)13.18%
Revenue growth 3Y2.94%
Revenue growth 5Y-0.96%
Sales Q2Q%-35%
Revenue Next Year12.13%
Revenue Next 2Y3.62%
Revenue Next 3Y4.51%
Revenue Next 5Y2.99%
EBIT growth 1Y37.29%
EBIT growth 3Y2.24%
EBIT growth 5Y-3.12%
EBIT Next Year105.4%
EBIT Next 3Y-3.44%
EBIT Next 5Y-0.85%
FCF growth 1Y-440.11%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y-36.03%
OCF growth 3Y-33.04%
OCF growth 5Y-31.61%
SL GREEN REALTY CORP / SLG Fundamental Analysis FAQ
What is the ChartMill fundamental rating of SL GREEN REALTY CORP (SLG) stock?
ChartMill assigns a fundamental rating of 1 / 10 to SLG.
What is the valuation status of SL GREEN REALTY CORP (SLG) stock?
ChartMill assigns a valuation rating of 0 / 10 to SL GREEN REALTY CORP (SLG). This can be considered as Overvalued.
How profitable is SL GREEN REALTY CORP (SLG) stock?
SL GREEN REALTY CORP (SLG) has a profitability rating of 2 / 10.
What is the financial health of SL GREEN REALTY CORP (SLG) stock?
The financial health rating of SL GREEN REALTY CORP (SLG) is 0 / 10.