SL Green Realty Past Earnings Performance

Past criteria checks 0/6

SL Green Realty's earnings have been declining at an average annual rate of -48.4%, while the Office REITs industry saw earnings declining at 2.3% annually. Revenues have been declining at an average rate of 11.2% per year.

Key information

-48.4%

Earnings growth rate

-47.6%

EPS growth rate

Office REITs Industry Growth	3.1%
Revenue growth rate	-11.2%
Return on equity	-12.5%
Net Margin	-63.9%
Last Earnings Update	31 Mar 2024

Recent past performance updates

Recent updates

Revenue & Expenses Breakdown
Beta

How SL Green Realty makes and spends money. Based on latest reported earnings, on an LTM basis.

Earnings and Revenue History

NYSE:SLG Revenue, expenses and earnings (USD Millions)
Date	Revenue	Earnings	G+A Expenses
31 Mar 24	806	-516	109
31 Dec 23	837	-568	111
30 Sep 23	766	-476	93
30 Jun 23	799	-445	92
31 Mar 23	796	-143	92
31 Dec 22	861	-95	94
30 Sep 22	719	-81	96
30 Jun 22	718	298	98
31 Mar 22	726	447	97
31 Dec 21	806	432	95
30 Sep 21	844	653	94
30 Jun 21	884	281	94
31 Mar 21	938	232	95
31 Dec 20	1,028	354	92
30 Sep 20	1,029	200	92
30 Jun 20	1,104	220	92
31 Mar 20	1,150	324	94
31 Dec 19	1,204	254	101
30 Sep 19	1,220	176	101
30 Jun 19	1,224	231	98
31 Mar 19	1,225	174	95
31 Dec 18	1,235	231	93
30 Sep 18	1,300	321	95
30 Jun 18	1,370	271	98
31 Mar 18	1,455	176	100
31 Dec 17	1,533	86	100
30 Sep 17	1,433	102	98
30 Jun 17	1,468	98	100
31 Mar 17	1,700	223	100
31 Dec 16	1,782	234	100
30 Sep 16	1,907	291	97
30 Jun 16	1,914	421	95
31 Mar 16	1,698	248	93
31 Dec 15	1,676	255	95
30 Sep 15	1,628	189	95
30 Jun 15	1,604	56	94
31 Mar 15	1,563	211	95
31 Dec 14	1,508	321	92
30 Sep 14	1,487	318	93
30 Jun 14	1,432	303	91
31 Mar 14	1,391	188	88
31 Dec 13	1,377	61	86
30 Sep 13	1,366	40	85
30 Jun 13	1,391	31	85

Quality Earnings: SLG is currently unprofitable.

Growing Profit Margin: SLG is currently unprofitable.

Free Cash Flow vs Earnings Analysis

Past Earnings Growth Analysis

Earnings Trend: SLG is unprofitable, and losses have increased over the past 5 years at a rate of 48.4% per year.

Accelerating Growth: Unable to compare SLG's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: SLG is unprofitable, making it difficult to compare its past year earnings growth to the Office REITs industry (-25.4%).

Return on Equity

High ROE: SLG has a negative Return on Equity (-12.46%), as it is currently unprofitable.

SL Green Realty Past Earnings Performance

Past criteria checks 0/6

Key information

Recent past performance updates

First quarter 2024 earnings: EPS and revenues miss analyst expectations

SL Green Realty Corp. to Report Q1, 2024 Results on Apr 17, 2024

Full year 2023 earnings: EPS misses analyst expectations

Full year 2023 earnings: EPS misses analyst expectations

SL Green Realty Corp. to Report Q4, 2023 Results on Jan 24, 2024

SL Green Realty Corp. to Report Q3, 2023 Results on Oct 18, 2023

Recent updates

Consensus EPS estimates upgraded to US$0.58 loss, revenue downgraded

Upcoming dividend of US$0.25 per share

Dividend of US$0.25 announced

SL Green Realty Corp. Announces Monthly Ordinary Dividend, Payable on May 15, 2024

First quarter 2024 earnings: EPS and revenues miss analyst expectations

SL Green Realty Stock: 3 Key Takeaways From First Quarter Earnings

Sl Green Realty Corp. Maintains Earnings Guidance for the Year 2024

Consensus EPS estimates upgraded to US$0.56 loss

Upcoming dividend of US$0.25 per share

SL Green Realty Corp. to Report Q1, 2024 Results on Apr 17, 2024

Dividend of US$0.25 announced

SL Green Realty Corp. Announces Monthly Common Stock Dividend, Payable on April 15, 2024

New minor risk - Shareholder dilution

So What If SL Green Cut Its Dividend Again

Full year 2023 earnings: EPS misses analyst expectations

Dividend of US$0.25 announced

New minor risk - Shareholder dilution

SL Green Realty Corp. Announces Common Stock Dividend, Payable on March 15, 2024

SL Green Realty Corp., Annual General Meeting, Jun 03, 2024

Consensus estimates of losses per share improve by 19%

Independent Director recently sold US$467k worth of stock

Full year 2023 earnings: EPS misses analyst expectations

SL Green: The Common Seems Better Than The Preferred

Upcoming dividend of US$0.25 per share at 6.4% yield

SL Green Realty Corp. Announces Monthly Common Stock Dividend, Payable on February 15, 2024

Price target increased by 8.1% to US$39.35

SL Green: More Green Shoots, Still Many Questions

SL Green Realty Corp. to Report Q4, 2023 Results on Jan 24, 2024

Upcoming dividend of US$0.25 per share at 6.5% yield

Price target increased by 7.6% to US$35.88

SL Green Realty Corp. Provides Earnings Guidance for the Year Ended December 31, 2024

SL Green Realty Corp. Announces Annual Ordinary Dividend, Payable on January 16, 2024

SL Green: A Positive Investor Day Should Not Outweigh Long-Term Challenges

Upcoming dividend of US$0.27 per share at 9.9% yield

SL Green Realty Corp. Announces Monthly Common Stock Dividend, Payable on December 15, 2023

President & Director recently sold US$5.7m worth of stock

President & Director notifies of intention to sell stock

SL Green: A Covered 10.2% Yield Being Reviewed, Huge 50% Discount To Book

Consensus revenue estimates fall by 11%

Upcoming dividend of US$0.27 per share at 10% yield

Now 25% undervalued after recent price drop

SL Green Realty Corp. Revises Consolidated Earnings Guidance for the Year Ending December 31, 2023

SL Green Realty Corp.Announces Executive Changes

SL Green Realty Corp. to Report Q3, 2023 Results on Oct 18, 2023

Upcoming dividend of US$0.27 per share at 8.1% yield

Consensus EPS estimates fall by 21%

SL Green: NYC Office Landlord Survived The March Scare - What's Next

SL Green: High Dividend And Margin Of Safety To Own A Piece Of NYC

Independent Director recently sold US$233k worth of stock

Independent Director notifies of intention to sell stock

Consensus EPS estimates fall by 30%

SL Green's Fat Yield Is Safe, Commons Trading For 61 Cents On The Dollar

Consensus EPS estimates upgraded to US$1.37 loss, revenue downgraded

New minor risk - Share price stability

New minor risk - Shareholder dilution

Second quarter 2023 earnings: EPS and revenues miss analyst expectations

SL Green: A Value Trap With Too Much Debt

Mori Trust Co., Ltd. acquired 49.9% interest in 245 Park Avenue from SL Green Realty Corp. (NYSE:SLG).

SL Green: A Promising Partial Sale, But Not The End Of All Woes

Upcoming dividend of US$0.27 per share at 13% yield

SL Green: Little Hope For Manhattan Office Properties As Valuations Crash

SL Green Realty Corp. Declares Monthly Ordinary Dividend, Payable on July 17, 2023

SL Green Realty Corp. to Report Q2, 2023 Results on Jul 19, 2023

Upcoming dividend of US$0.27 per share at 15% yield

SL Green Realty Corp. Declares Monthly Ordinary Dividend, Payable on June 15, 2023

Independent Director recently sold US$107k worth of stock

Consensus EPS estimates fall by 33%

First quarter 2023 earnings: EPS misses analyst expectations

Price target decreased by 7.0% to US$39.17

Revenue & Expenses Breakdown
Beta