SL GREEN REALTY CORP (SLG) Fundamental Analysis & Valuation
NYSE:SLG • US78440X8873
Current stock price
43.725 USD
+1.26 (+2.96%)
Last:
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
- SLG had negative earnings in the past year.
- SLG had a positive operating cash flow in the past year.
- In multiple years SLG reported negative net income over the last 5 years.
- SLG had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
- Looking at the Return On Assets, with a value of -1.03%, SLG is doing worse than 67.77% of the companies in the same industry.
- SLG's Return On Equity of -2.94% is on the low side compared to the rest of the industry. SLG is outperformed by 65.29% of its industry peers.
- Looking at the Return On Invested Capital, with a value of 1.49%, SLG is doing worse than 73.55% of the companies in the same industry.
- SLG had an Average Return On Invested Capital over the past 3 years of 1.10%. This is below the industry average of 3.11%.
- 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 44.63% of the companies in the same industry.
- SLG's Operating Margin has declined in the last couple of years.
- The Gross Margin of SLG (47.64%) is worse than 79.34% of its industry peers.
- In the last couple of years the Gross Margin of SLG has declined.
| 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.
- Compared to 1 year ago, SLG has about the same amount of shares outstanding.
- Compared to 5 years ago, SLG has more shares outstanding
- SLG has a worse debt/assets ratio than last year.
2.2 Solvency
- SLG has an Altman-Z score of 0.25. This is a bad value and indicates that SLG is not financially healthy and even has some risk of bankruptcy.
- With a Altman-Z score value of 0.25, SLG is not doing good in the industry: 62.81% of the companies in the same industry are doing better.
- A Debt/Equity ratio of 1.33 is on the high side and indicates that SLG has dependencies on debt financing.
- The Debt to Equity ratio of SLG (1.33) is comparable to the rest of the industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.33 | ||
| Debt/FCF | N/A | ||
| Altman-Z | 0.25 |
ROIC/WACC0.23
WACC6.49%
2.3 Liquidity
- SLG has a Current Ratio of 0.47. This is a bad value and indicates that SLG is not financially healthy enough and could expect problems in meeting its short term obligations.
- Looking at the Current ratio, with a value of 0.47, SLG is doing worse than 76.03% of the companies in the same industry.
- A Quick Ratio of 0.47 indicates that SLG may have some problems paying its short term obligations.
- The Quick ratio of SLG (0.47) is worse than 76.03% 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 slight negative growth in Earnings Per Share. In the last year, the EPS has decreased by -9.52%.
- SLG shows quite a strong growth in Revenue. In the last year, the Revenue has grown by 8.32%.
- Measured over the past years, SLG shows a decrease in Revenue. The Revenue has been decreasing by -0.96% on average per year.
EPS 1Y (TTM)-9.52%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%380%
Revenue 1Y (TTM)8.32%
Revenue growth 3Y2.94%
Revenue growth 5Y-0.96%
Sales Q2Q%14.86%
3.2 Future
- SLG is expected to show a decrease in Earnings Per Share. In the coming years, the EPS will decrease by -1.30% yearly.
- Based on estimates for the next years, SLG will show a small growth in Revenue. The Revenue will grow by 2.99% on average per year.
EPS Next Y-66.49%
EPS Next 2Y-15.96%
EPS Next 3Y1.54%
EPS Next 5Y-1.3%
Revenue Next Year12.54%
Revenue Next 2Y3.84%
Revenue Next 3Y4.75%
Revenue Next 5Y2.99%
3.3 Evolution
- The Revenue growth rate is accelerating: in the next years the growth will be better than in the last years.
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.
- Also next year SLG is expected to report negative earnings again, which makes the also the Forward Price/Earnings Ratio negative.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | N/A | ||
| Fwd PE | N/A |
4.2 Price Multiples
- SLG's Enterprise Value to EBITDA ratio is a bit more expensive when compared to the industry. SLG is more expensive than 68.59% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | N/A | ||
| EV/EBITDA | 17.71 |
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
- SLG has a Yearly Dividend Yield of 5.87%, which is a nice return.
- SLG's Dividend Yield is a higher than the industry average which is at 7.43.
- SLG's Dividend Yield is rather good when compared to the S&P500 average which is at 1.82.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 5.87% |
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.
- The Dividend Rate of SLG has been decling, while earnings will also be 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
NYSE:SLG (4/28/2026, 3:35:08 PM)
43.725
+1.26 (+2.96%)
Chartmill FA Rating
GICS SectorReal Estate
GICS IndustryGroupEquity Real Estate Investment Trusts (REITs)
GICS IndustryDiversified REITs
Earnings (Last)04-15 2026-04-15/amc
Earnings (Next)07-14 2026-07-14
Inst Owners96.76%
Inst Owner Change-0.36%
Ins Owners0.28%
Ins Owner Change-5.14%
Market Cap3.11B
Revenue(TTM)1.02B
Net Income(TTM)-113.60M
Analysts73.33
Price Target47.49 (8.61%)
Short Float %14.95%
Short Ratio7.38
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 5.87% |
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)-15%
EPS NQ rev (1m)-17.03%
EPS NQ rev (3m)-29.09%
EPS NY rev (1m)-3.84%
EPS NY rev (3m)-21.13%
Revenue NQ rev (1m)1.51%
Revenue NQ rev (3m)7.84%
Revenue NY rev (1m)0.86%
Revenue NY rev (3m)4.73%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | N/A | ||
| Fwd PE | N/A | ||
| P/S | 3.1 | ||
| P/FCF | N/A | ||
| P/OCF | 37.46 | ||
| P/B | 0.8 | ||
| P/tB | 0.83 | ||
| EV/EBITDA | 17.71 |
EPS(TTM)-0.46
EYN/A
EPS(NY)-2.15
Fwd EYN/A
FCF(TTM)-6.26
FCFYN/A
OCF(TTM)1.17
OCFY2.67%
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 | 0.25 |
F-Score4
WACC6.49%
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)-9.52%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%380%
EPS Next Y-66.49%
EPS Next 2Y-15.96%
EPS Next 3Y1.54%
EPS Next 5Y-1.3%
Revenue 1Y (TTM)8.32%
Revenue growth 3Y2.94%
Revenue growth 5Y-0.96%
Sales Q2Q%14.86%
Revenue Next Year12.54%
Revenue Next 2Y3.84%
Revenue Next 3Y4.75%
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.