SL GREEN REALTY CORP (SLG) Fundamental Analysis & Valuation
NYSE:SLG • US78440X8873
Current stock price
43.85 USD
+1.38 (+3.25%)
At close:
43.85 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.
- The reported net income has been mixed in the past 5 years: SLG reported negative net income in multiple 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.
- The Return On Equity of SLG (-2.94%) is worse than 65.29% of its industry peers.
- SLG has a Return On Invested Capital of 1.49%. This is in the lower half of the industry: SLG underperforms 73.55% of its industry peers.
- Measured over the past 3 years, the Average Return On Invested Capital for SLG is below the industry average of 3.11%.
- The 3 year average ROIC (1.10%) for SLG is below the current ROIC(1.49%), indicating increased profibility in the last year.
| 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
- SLG has a Operating Margin (18.97%) which is comparable to the rest of the industry.
- In the last couple of years the Operating Margin of SLG has declined.
- SLG's Gross Margin of 47.64% is on the low side compared to the rest of the industry. SLG is outperformed by 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
- The Return on Invested Capital (ROIC) is below the Cost of Capital (WACC), so SLG is destroying value.
- SLG has about the same amout of shares outstanding than it did 1 year ago.
- SLG has more shares outstanding than it did 5 years ago.
- The debt/assets ratio for SLG is higher compared to a year ago.
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.
- The Altman-Z score of SLG (0.25) is worse than 62.81% 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 of 1.33. This is comparable to the rest of the industry: SLG outperforms 45.45% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.33 | ||
| Debt/FCF | N/A | ||
| Altman-Z | 0.25 |
ROIC/WACC0.23
WACC6.52%
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.
- SLG has a worse Current ratio (0.47) than 76.03% of its industry peers.
- SLG has a Quick 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.
- SLG has a Quick ratio of 0.47. This is in the lower half of the industry: SLG underperforms 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
- The earnings per share for SLG have decreased by -9.52% in the last year.
- Looking at the last year, SLG shows a quite strong growth in Revenue. The Revenue has grown by 8.32% in the last year.
- The Revenue has been decreasing by -0.96% on average over the past years.
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
- The Earnings Per Share is expected to decrease by -1.30% on average over the next years.
- 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
- 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.
- 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 71.90% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | N/A | ||
| EV/EBITDA | 17.93 |
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.
- Compared to an average industry Dividend Yield of 7.43, SLG pays a bit more dividend than its industry peers.
- 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
- The earnings of SLG are negative and hence is the payout ratio. SLG will probably not be able to sustain this dividend level.
- 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
43.85
+1.38 (+3.25%)
Chartmill FA Rating
GICS SectorReal Estate
GICS IndustryGroupEquity Real Estate Investment Trusts (REITs)
GICS IndustryDiversified REITs
Industry Strength21.12
Industry Growth40.99
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 (8.3%)
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 | 3.11 | ||
| P/FCF | N/A | ||
| P/OCF | 37.57 | ||
| P/B | 0.8 | ||
| P/tB | 0.84 | ||
| EV/EBITDA | 17.93 |
EPS(TTM)-0.46
EYN/A
EPS(NY)-2.15
Fwd EYN/A
FCF(TTM)-6.26
FCFYN/A
OCF(TTM)1.17
OCFY2.66%
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
WACC6.52%
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.