Company Analysis

SL Green Realty Corp. (SLG)

NYSE: SLG · Real Estate Investment Trusts · New York, NY · filing with the SEC since 1997
Grade4.6
◀ Past 3.4● Present 3.8▶ Future 6.8

The grade of SL Green Realty Corp.

Nine metrics read from its own filings, by tense
Headline grade
4.6/10
◀ Past3.425% of the headline
● Present3.845% of the headline
▶ Future6.830% of the headline

All three tenses have at least two readings, so the archetype blend applies as printed.

All nine metrics read as filed from the record.

◀ Past

What did they actually do?

3.4/1025% of the headline grade · 3 of 3 filed

Surviving crises

as filed
3.0/10

Has it survived what it has been through?

1 warning event since 2017; the latest 2023-11-29.

weight 45% of this tense · 30th percentile among 174 sector filers · read for itself

From the record

SL Green Realty Corp.'s filings since 2017 show 1 warning event: an auditor change (8-K item 4.01, the latest 2023-11-29) (its current reports).

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Track record

as filed
1.4/10

What has it actually done, year after year?

-6.7% a year over 10 filed years; profitable in 7 of 10.

weight 33% of this tense · 14th percentile among 156 sector filers · read for its customers

From the record

SL Green Realty Corp.'s 10 filed years say what it did: revenue went from $1.9 billion in fiscal 2016 to $1.0 billion in fiscal 2025, down 6.7% a year; it rose in 3 of 9 years; the deepest fall was 54% from fiscal 2016 to fiscal 2021; net income was positive in 7 of 10 of those years (its annual reports).

What it rests on

  • revenue growth over the filed span-6.7%bottom 6% of its family
  • the share of years revenue rosebottom 4% of its family
  • the share of filed years with a profitbottom 32% of its family
  • the deepest fall from a revenue peak53.8%bottom 16% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Shareholder treatment

as filed
7.2/10

How has it treated the people who own it?

Share count grew 1.2% a year. 100% of cash flow returned. Insiders: 6 sales, 0 purchases.

weight 22% of this tense · 72nd percentile among 156 sector filers · read for its shareholders

From the record

Over the 3 fiscal years to 2025-12-31, SL Green Realty Corp.'s diluted share count grew about 1.2% a year, and dividends and buybacks returned about 100% of its operating cash flow over 3 years (its filed statements). Its officers and directors filed 6 sales and 0 purchases of their own stock on the open market in the year to 2026-09-30 (their Form 4 filings).

What it rests on

  • the share count over the yearstop 46% of its family
  • cash returned against operating cash flowtop 9% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

● Present

What are they doing right now?

3.8/1045% of the headline grade · 3 of 3 filed

Financial health

as filed
2.9/10

Is it financially healthy right now?

ROE -2%: lost 2¢ per shareholder dollar. Leverage 65%: owes 65¢ per asset dollar.

weight 45% of this tense · 29th percentile among 171 sector filers · read for itself

From the record

Return on equity: in the fiscal year ended 2025-12-31, SL Green Realty Corp. lost about 2 cents for every dollar of shareholders' money. Leverage: it owed about 65 cents per dollar of assets, and net share issuance: its share count grew 7.2% over the year (the filed statements).

What it rests on

  • what it owes per dollar of assetsbottom 43% of its family
  • return on equitybottom 20% of its family
  • the share count against the year beforebottom 25% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Industry position

as filed
4.0/10

How strong is its position in its industry?

bottom 40% of 157 in its family; net margin -9.7%.

weight 33% of this tense · 40th percentile among 157 sector filers · read for its customers

From the record

SL Green Realty Corp.'s standing among 157 graded names in its industry family: revenue of $1.0 billion in fiscal 2025 ranks in the top 39% by size; a net margin of -9.7% ranks in the bottom 20%; revenue growth of 2.9% a year over the last 3 filed years ranks in the bottom 38% (its annual reports).

What it rests on

  • revenue against the family$1.00Btop 39% of its family
  • net margin-9.7%bottom 20% of its family
  • three-year revenue growth2.9%bottom 38% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Leadership

as filed
5.3/10

What are the people in charge doing?

top 47% of 160 in its family for leadership; chief executive since 2021.

weight 22% of this tense · 53rd percentile among 160 sector filers · read for its shareholders

From the record

SL Green Realty Corp.'s leadership, from its insiders' filings and its current reports: the chief executive on the record is Holliday, Marc (Chief Executive Officer, as filed), filing under that title since 2021-02-05, 5.8 years (bottom 42% of its family); the 11 officers and directors filing in the last fifteen months have been on the record a median of 15.8 years (top 6%); 6 officer or director changes were reported on Form 8-K since 2023-11-13, against the 11 people in charge now (bottom 24%; fewer changes for each person reads higher) (the Form 4 record, its Form 8-K reports). Years count from a person's first filing in the SEC's data sets, which begin in 2006, so each is a floor.

What it rests on

  • officer and director changes on Form 8-K, against the people in charge6 in three years among 11 peoplebottom 24% of its family
  • the median years the people in charge have filed15.8 yearstop 6% of its family
  • the chief executive's years on the record5.8 yearsbottom 42% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

▶ Future

What are they set up to do next?

6.8/1030% of the headline grade · 3 of 3 filed

Room to expand

as filed
4.8/10

How much room does it have to grow?

bottom 48% of 146 in its family for room to expand.

weight 22% of this tense · 48th percentile among 146 sector filers · read for itself

From the record

SL Green Realty Corp.'s room to grow, from the newest filed statements (fiscal 2025): cash of $156 million against no long-term debt tagged leaves 1.4% of its assets as net cash, top 25% of its family; cash from operations less capital spending is 8.3% of revenue (bottom 20%) (its annual report).

What it rests on

  • cash less debt against assets1.4%top 25% of its family
  • cash from operations less capital spending against revenue8.3%bottom 20% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Growth drivers

as filed
6.7/10

What could actually drive growth from here?

top 33% of 153 in its family for growth drivers.

weight 33% of this tense · 67th percentile among 153 sector filers · read for its customers

From the record

SL Green Realty Corp.'s growth drivers, from the filed years to fiscal 2025: revenue grew 2.9% a year over the last three filed years against -6.7% over all 10, speeding up (top 11% of its family); the newest year grew 13.2% (top 15%); capital spending grew -13.2% a year (bottom 27%) (its annual reports). SL Green Realty Corp. reported 3 lines of business in fiscal 2025: Real Estate at $789 million, SUMMIT at $122 million, Debt and Preferred Equity at $92 million. 2 of 3 grew in the latest filed year, and the largest line is 79% of revenue (its annual report).

What it rests on

  • three-year growth against the whole span+9.6 points a yeartop 11% of its family
  • the newest year's revenue growth13.2%top 15% of its family
  • three-year growth of capital spending-13.2%bottom 27% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Expectations vs reality

as filed
8.0/10

Did its newest year beat what its own record pointed to?

top 20% of 150 in its family for expectations against reality.

weight 45% of this tense · 80th percentile among 150 sector filers · read for its shareholders

From the record

SL Green Realty Corp.'s newest year against its own record: revenue of $1.0 billion in fiscal 2025 came in 15.3% above the $870 million its prior three years' pace pointed to (top 10% of its family); net income of $97 million against a prior three-year average of $207 million (top 31%); a net margin of -9.7% against -22.6% before (top 20%) (its annual reports).

What it rests on

  • revenue against the prior three years' pace15.3%top 10% of its family
  • net income against the prior three years' average+53%top 31% of its family
  • net margin against its prior average+12.9 pointstop 20% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

The grade is the company against its own industry, from its filings. It is not a view on the share price. How the grade is made

SI Assistanton SLG · research, not advice