SL Green Realty Corp. SLG
SL Green Realty Corp., an S&P 500 listed company, is recognized as Manhattan's premier office landlord. Operating as a fully integrated Real Estate Investment Trust (REIT), its core strategy involves the acquisition, management, and value maximization of commercial properties across Manhattan. By December 31, 2020, SL Green had interests in 88 buildings, totaling 38.2 million square feet. This extensive portfolio included 28.6 million square feet of owned Manhattan properties, along with 8.7 million square feet designated as collateral for debt and preferred equity investments.
Business overview written from the company's own Form 10-K (Item 1), filed 2026-02-17 — refreshed whenever it files a new one. The figures above are current; see its SEC filings. ✓ From the 10-K
Plain-English: the Snapshot is the quick read — what it pays you (yield, dividend), how its cash flow looks (FFO/AFFO, Price/OCF) and how much debt it carries. Switch to Expert in the header to hide these explanations.
Snapshot
Reported FFO / AFFO / leverage are from the Q1 2026 earnings release (filed 2026-04-16) — 8-K, EX-99.1 ✓ Verified to filing.
Yield uses the latest declared dividend, annualized (latest regular payout × frequency; special/liquidating distributions excluded) — an announced-but-not-yet-declared change isn't reflected until it has an ex-date. FFO, AFFO and Net debt / Adj. EBITDA are the company's reported figures from its latest earnings 8-K. Price/OCF and payout use GAAP operating cash flow. NAV premium and credit ratings have no free source yet. See Methodology.
$10,000 invested
Illustrative income only, at today's price and latest declared dividend — it excludes price changes, dividend cuts and taxes. Not a forecast.
Model SLG yourself — any amount, shares, per-payment & a multi-year DRIP projection →
Balance sheet (latest FY: 2025)
Debt-maturity ladder, fixed/floating split, secured/unsecured and coverage ratios come from the supplemental — not yet ingested.
Financial history
| FY | Revenue | Net income | D&A | EBITDA | Op. cash flow |
|---|---|---|---|---|---|
| 2025 | $1.00B | $-88.28M | $255.71M | $414.19M | $82.91M |
| 2024 | $706.58M | $30.65M | $210.02M | $169.29M | $291.07M |
| 2023 | $837.20M | $-543.52M | $233.59M | $240.32M | $229.50M |
| 2022 | $861.50M | $-71.63M | $210.45M | $330.89M | $417.83M |
| 2021 | $805.91M | $457.06M | $212.81M | $340.14M | $255.98M |
| 2020 | $1.03B | $379.80M | $313.67M | $511.87M | $554.24M |
Dividends
Recent regular dividends per share (special distributions excluded), oldest → newest.
| Ex-date | Record | Payment | Declared | Amount | Freq. |
|---|---|---|---|---|---|
| 2026-06-30 | 2026-06-30 | 2026-07-15 | 2026-06-17 | $0.62 | Quarterly |
| 2026-03-31 | 2026-03-31 | 2026-04-15 | 2026-03-23 | $0.62 | Quarterly |
| 2025-11-28 | 2025-11-28 | 2025-12-15 | 2025-11-19 | $0.26 | Monthly |
| 2025-10-31 | 2025-10-31 | 2025-11-17 | 2025-10-17 | $0.26 | Monthly |
| 2025-09-30 | 2025-09-30 | 2025-10-15 | 2025-09-19 | $0.26 | Monthly |
| 2025-08-29 | 2025-08-29 | 2025-09-15 | 2025-08-18 | $0.26 | Monthly |
| 2025-07-31 | 2025-07-31 | 2025-08-15 | 2025-07-17 | $0.26 | Monthly |
| 2025-06-30 | 2025-06-30 | 2025-07-15 | 2025-06-18 | $0.26 | Monthly |
| 2025-05-30 | 2025-05-30 | 2025-06-16 | 2025-05-19 | $0.26 | Monthly |
| 2025-04-30 | 2025-04-30 | 2025-05-15 | 2025-04-17 | $0.26 | Monthly |
| 2025-03-31 | 2025-03-31 | 2025-04-15 | 2025-03-20 | $0.26 | Monthly |
| 2025-02-28 | 2025-02-28 | 2025-03-17 | 2025-02-18 | $0.26 | Monthly |
| 2025-01-31 | 2025-01-31 | 2025-02-18 | 2025-01-21 | $0.26 | Monthly |
| 2024-12-31 | 2024-12-31 | 2025-01-15 | 2024-12-06 | $0.26 | Monthly |
| 2024-11-29 | 2024-11-29 | 2024-12-16 | 2024-11-18 | $0.25 | Monthly |
| 2024-10-31 | 2024-10-31 | 2024-11-15 | 2024-10-21 | $0.25 | Monthly |
| 2024-09-30 | 2024-09-30 | 2024-10-15 | 2024-09-19 | $0.25 | Monthly |
| 2024-08-30 | 2024-08-30 | 2024-09-16 | 2024-08-19 | $0.25 | Monthly |
| 2024-07-31 | 2024-07-31 | 2024-08-15 | 2024-07-22 | $0.25 | Monthly |
| 2024-06-28 | 2024-06-28 | 2024-07-15 | 2024-06-14 | $0.25 | Monthly |
| 2024-05-31 | 2024-05-31 | 2024-06-17 | 2024-05-20 | $0.25 | Monthly |
| 2024-04-29 | 2024-04-30 | 2024-05-15 | 2024-04-19 | $0.25 | Monthly |
| 2024-03-27 | 2024-03-29 | 2024-04-15 | 2024-03-15 | $0.25 | Monthly |
| 2024-02-28 | 2024-02-29 | 2024-03-15 | 2024-02-16 | $0.25 | Monthly |
Coverage (payout of operating cash flow): 285.17%. Tax-character split (ordinary / 199A / capital gain / return of capital) — not disclosed (requires the annual allocation release).
Recent news — SLG
SL Green Continues SUMMIT Global Expansion in Tokyo
SL Green Realty Corp. to Release Second Quarter 2026 Financial Results After Market Close on July 22, 2026
KBWY Up 20% This Year, But The Real Test Comes When Rent Rolls Reset
SL Green Realty Corp. Announces Common Stock and Preferred Stock Dividends
What I Wish I Knew Before Investing In REITs
SL Green Monetizes Midtown Asset to Strengthen Balance Sheet
SL Green Announces the Sale of 10 East 53rd Street
46-story SL Green tower project slated to begin in the fall
Headlines via Financial Modeling Prep; links open the original publisher in a new tab. Not an endorsement or investment advice.
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Same-store NOI, occupancy, leasing/WALT, top tenants, external-manager fees, development pipeline and (for non-traded vehicles) share-class fees, redemption/gating and NAV methodology are planned modules sourced from supplementals and prospectuses.