
SL Green Realty Corp. Income Statement 2025-2007 | SLG
Brief overview of revenue and earnings at SL Green Realty Corp.
This overview is based on financial performance over the past five years. The revenue attributed to SL Green Realty Corp. moved from $1.1 billion to $1 billion between the two endpoints. The cumulative result was −4.7%, corresponding to roughly −1% per year. The business did not achieve meaningful top-line expansion.
The five-year EBITDA result moved by +78.7%: from $512 million to $915 million. Additional revenue translated efficiently into EBITDA. At the operating-margin level, the figure shifted from 48.6% to 91.2%. The business generated more EBITDA from each unit of revenue.
Across the five years, the net result shifted from 380 million dollars to −96.9 million dollars. Profit turned into a loss, the most concerning signal in the results.
Market value was $4.9 billion at the start and $2.8 billion at the end. Lower capitalization reflects weaker investor expectations.
Financial takeaway
The results contain several connected negative signals. The positive side is supported by an improving EBITDA margin. The overall view is constrained by a weaker market valuation, declining net profitability and limited revenue growth. The next reporting periods will show whether revenue, margins, and final profitability can strengthen.
Annual Income Statement SL Green Realty Corp.
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | 2007 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Market Cap |
2.79 B | 3.29 B | 2.97 B | 2.97 B | 4.56 B | 4.91 B | 7.99 B | 8.66 B | 9.65 B | 10.9 B | 9.6 B | 12.1 B | 8.83 B | 7.16 B | 6.1 B | 5.05 B | 1.85 B | 5.92 B | - |
Shares |
70.4 M | 65.1 M | 63.8 M | 63.9 M | 65.7 M | 72.8 M | 83.6 M | 92.5 M | 95.4 M | 97.3 M | 96.5 M | 93.1 M | 91.4 M | 86.6 M | 81.4 M | 78.1 M | 69.7 M | 58 M | - |
Historical Prices |
39.6 | 50.6 | 46.5 | 46.5 | 69.3 | 61.4 | 81.3 | 78.5 | 82.6 | 87 | 75.1 | 96 | 70.1 | 59.2 | 53.4 | 64.6 | 26.5 | 102 | 148 |
Net Income |
-96.9 M | 30.2 M | -599 M | -76.3 M | 450 M | 380 M | 281 M | 259 M | 113 M | 261 M | 291 M | 521 M | 138 M | 199 M | 647 M | 301 M | 57.5 M | 381 M | - |
Revenue |
1 B | 886 M | 914 M | 919 M | 861 M | 1.05 B | 1.24 B | 1.23 B | 1.51 B | 1.86 B | 1.66 B | 1.52 B | 1.47 B | 1.4 B | 1.26 B | 1.08 B | 978 M | 1.07 B | - |
Cost of Revenue |
- | - | - | - | - | - | - | - | - | 2.3 M | 1.2 M | - | - | - | - | - | - | - | - |
Gross Profit |
- | - | - | - | - | 664 M | 780 M | 779 M | 941 M | 1.27 B | 1.1 B | 988 M | 917 M | 854 M | 819 M | - | - | - | - |
Operating Income |
652 M | 731 M | 599 M | 606 M | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
Interest Expense |
216 M | 196 M | 229 M | 166 M | 145 M | 186 M | 247 M | 237 M | 257 M | 321 M | 324 M | 343 M | 313 M | 311 M | 287 M | 233 M | 237 M | - | - |
EBITDA |
915 M | 945 M | 854 M | 830 M | 228 M | 512 M | 672 M | 459 M | 662 M | 1.16 B | 982 M | 895 M | 831 M | 771 M | 686 M | 240 M | 235 M | 214 M | - |
Operating Expenses |
- | - | - | - | - | 466 M | 380 M | 600 M | 682 M | 931 M | 675 M | 464 M | 424 M | 415 M | 410 M | - | - | - | - |
General and Administrative Expenses |
89.3 M | 85.2 M | 111 M | 93.8 M | 94.9 M | 91.8 M | - | - | - | - | - | - | - | - | 119 M | 75.9 M | 74 M | 105 M | - |
All numbers in USD currency
Quarterly Income Statement SL Green Realty Corp.
| 2026-Q1 | 2025-Q3 | 2025-Q2 | 2025-Q1 | 2024-Q4 | 2024-Q3 | 2024-Q2 | 2024-Q1 | 2023-Q4 | 2023-Q3 | 2023-Q2 | 2023-Q1 | 2022-Q4 | 2022-Q3 | 2022-Q2 | 2022-Q1 | 2021-Q4 | 2021-Q3 | 2021-Q2 | 2021-Q1 | 2020-Q4 | 2020-Q3 | 2020-Q2 | 2020-Q1 | 2019-Q4 | 2019-Q3 | 2019-Q2 | 2019-Q1 | 2018-Q4 | 2018-Q3 | 2018-Q2 | 2018-Q1 | 2017-Q4 | 2017-Q3 | 2017-Q2 | 2017-Q1 | 2016-Q4 | 2016-Q3 | 2016-Q2 | 2016-Q1 | 2015-Q4 | 2015-Q3 | 2015-Q2 | 2015-Q1 | 2014-Q4 | 2014-Q3 | 2014-Q2 | 2014-Q1 | 2013-Q4 | 2013-Q3 | 2013-Q2 | 2013-Q1 | 2012-Q4 | 2012-Q3 | 2012-Q2 | 2012-Q1 | 2011-Q4 | 2011-Q3 | 2011-Q2 | 2011-Q1 | 2010-Q3 | 2010-Q2 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Shares |
70.7 M | 70.4 M | 70.4 M | 70.4 M | 71.1 M | 64.4 M | 64.4 M | 64.3 M | 65.8 M | 64.1 M | 64.1 M | 64.1 M | 65.4 M | 63.9 M | 63.8 M | 64.3 M | 65.1 M | 64.9 M | 69 M | 67 M | 67.5 M | 70.9 M | 73.5 M | 75.7 M | 78 M | 82.3 M | 83 M | 83.3 M | 84.7 M | 85.6 M | 87.2 M | 90.5 M | 93.9 M | 97.8 M | 99.9 M | 101 M | 102 M | 100 M | 100 M | 100 M | 100 M | 99.6 M | 99.6 M | 98.4 M | 97.3 M | 95.7 M | 95.5 M | 95.1 M | 98.6 M | 92 M | 91.7 M | 91.4 M | 94.9 M | 90.2 M | 89.8 M | 86.7 M | 89.2 M | 85.7 M | 83.6 M | 79.4 M | 78.2 M | 78 M |
Net Income |
-80.7 M | 28.6 M | -7.36 M | -17.3 M | - | -9.54 M | 1.58 M | 16.9 M | - | -20.2 M | -356 M | -36 M | - | 11.1 M | -40.1 M | 11.5 M | - | 392 M | 109 M | -3.73 M | - | 17.6 M | 60.2 M | 119 M | 21.2 M | 36.9 M | 165 M | 47.5 M | -57.5 M | 91.9 M | 107 M | 106 M | 31.7 M | 42.6 M | 12 M | 15.1 M | 47.8 M | 38 M | 137 M | 27 M | - | 167 M | -35.4 M | 47 M | 60.5 M | 68.4 M | 239 M | 150 M | 40.9 M | 40.8 M | 27.4 M | 26.3 M | 27.4 M | 25.7 M | 111 M | 32.8 M | 10.4 M | 14.6 M | 534 M | 88.4 M | 119 M | 145 M |
Revenue |
253 M | 245 M | 242 M | 240 M | - | 230 M | 223 M | 188 M | - | 210 M | 246 M | 224 M | - | 212 M | 201 M | 188 M | - | 205 M | 364 K | 389 K | - | 580 K | 648 K | 499 K | 308 M | 608 K | 2.37 M | 580 K | 317 M | 406 K | 348 K | 316 K | 361 M | 356 K | 393 K | 521 K | 374 M | 66 K | 1.05 M | 865 K | 2.38 M | 776 K | 726 K | 652 K | 387 M | 782 K | 549 K | 530 K | 350 M | 544 K | 458 K | 441 K | 347 M | 386 K | 401 K | 410 K | 329 M | 511 K | 538 K | 485 K | 323 M | 260 M |
Cost of Revenue |
- | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 900 K | - | 2.5 M | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
Operating Income |
145 M | 209 M | 129 M | 136 M | - | - | - | 258 M | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
Interest Expense |
-50.9 M | -47.2 M | -45.3 M | -45.7 M | - | 51.3 M | 49.5 M | -31.2 M | - | 52.9 M | 65.9 M | 64.8 M | - | 40.6 M | 32.6 M | 32.1 M | - | 34.1 M | 38.5 M | 39.9 M | - | 42.6 M | 44.9 M | 56.8 M | - | 63.6 M | 60.7 M | 60.8 M | - | 64.1 M | 61.6 M | 54.1 M | - | 72.9 M | 72 M | 72.4 M | - | 78.7 M | 95.6 M | 102 M | - | 92.2 M | 84.1 M | 85 M | - | 83.2 M | 78.4 M | 76.7 M | - | 78.8 M | 80 M | 81.2 M | - | 86 M | 82.6 M | 80.5 M | - | 75.1 M | 68.7 M | 64.8 M | - | - |
EBITDA |
215 M | 402 M | 257 M | 202 M | - | 53.2 M | 52.2 M | 308 M | - | 50.6 M | 69.3 M | 80.6 M | - | 148 M | 46.9 M | 48.9 M | - | 179 M | 57.3 M | 66.8 M | - | 265 M | 169 M | 70.8 M | - | 217 M | 143 M | 71.1 M | - | 218 M | 144 M | 72.9 M | - | 331 M | 235 M | 98.9 M | - | 737 M | 620 M | 187 M | - | 474 M | 320 M | 115 M | - | 296 M | 194 M | 93.7 M | - | 265 M | 173 M | 85.1 M | - | 250 M | 162 M | 80.7 M | - | 213 M | 136 M | 68 M | 56.9 M | 56.9 M |
General and Administrative Expenses |
22.8 M | 23.7 M | 21.6 M | 21.7 M | - | 21 M | 20 M | 21.3 M | - | 22.9 M | 23 M | 23.3 M | - | 21.3 M | 23.5 M | 24.8 M | - | 23.5 M | 22.1 M | 22.9 M | - | 23.6 M | 23.5 M | 19.6 M | - | 23.8 M | 25.5 M | 26 M | - | 20.6 M | 22.5 M | 23.5 M | - | 24 M | 24.3 M | 24.1 M | - | 25.5 M | 24.5 M | 24 M | - | 23.5 M | 23.2 M | 25.5 M | - | 22.6 M | 23.9 M | 23.3 M | - | 20.9 M | 21.5 M | 21.1 M | - | 20.6 M | 20.7 M | 20.2 M | - | 18.9 M | 22.5 M | 20 M | 18.5 M | 18.4 M |
All numbers in USD currency
The income statement is one of the three key financial reports of a company SL Green Realty Corp. (alongside the balance sheet and the cash flow statement). It shows how the company makes money and what its expenses are:
- How much revenue the company earned
- How much it spent on production, personnel, marketing, taxes, etc.
- What profit remained in the end
Analyzing the income statement helps an investor understand whether the business generates stable and growing profits, how effectively the company controls its expenses, and whether it is capable of generating income in the future. Additionally, this analysis shows how the company copes with crises and economic cycles, and allows assessing the potential for stock price growth and dividend payments.
Features- The income statement may include both recurring and one-time items (for example, profit from the sale of assets). It is necessary to separate core metrics from one-off events for accurate analysis.
- Companies often publish interim reports (e.g., quarterly), which allows for more timely tracking of trends.
- A combined analysis of the income statement with the balance sheet and cash flow statement provides a comprehensive view of the company’s financial health.
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