SL Green Realty Corp

NYSE:SLG USA REIT - Office
Market Cap
$2.72 Billion
Market Cap Rank
#4183 Global
#2642 in USA
Share Price
$38.16
Change (1 day)
+3.75%
52-Week Range
$36.66 - $65.94
All Time High
$80.87
Categories
Companies in USA REIT - Office
About

SL Green Realty Corp. is a self-managed real estate investment trust, or REIT, with in-house capabilities in property management, acquisitions and dispositions, debt investing, financing, development, redevelopment, construction and leasing. As of December 31, 2025, the Company held interests in 56 buildings totaling 31.4 million square feet. This included ownership interests in 28.0 million squa… Read more

SL Green Realty Corp (SLG) - Net Assets

Latest net assets as of December 2025: $4.35 Billion USD

Based on the latest financial reports, SL Green Realty Corp (SLG) has net assets worth $4.35 Billion USD as of December 2025.

Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($11.08 Billion) and total liabilities ($6.73 Billion). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off.

Key Net Assets Metrics

Metric Value
Current Net Assets $4.35 Billion
% of Total Assets 39.28%
Annual Growth Rate 11.43%
5-Year Change -18.15%
10-Year Change -48.95%
Growth Volatility 29.39

SL Green Realty Corp - Net Assets Trend (1997–2025)

This chart illustrates how SL Green Realty Corp's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.

Annual Net Assets for SL Green Realty Corp (1997–2025)

The table below shows the annual net assets of SL Green Realty Corp from 1997 to 2025.

Year Net Assets Change
2025-12-31 $4.35 Billion -4.43%
2024-12-31 $4.55 Billion +6.91%
2023-12-31 $4.26 Billion -16.38%
2022-12-31 $5.09 Billion -4.21%
2021-12-31 $5.32 Billion -3.23%
2020-12-31 $5.50 Billion -11.50%
2019-12-31 $6.21 Billion -6.42%
2018-12-31 $6.64 Billion -9.75%
2017-12-31 $7.35 Billion -13.76%
2016-12-31 $8.53 Billion +1.20%
2015-12-31 $8.43 Billion +5.33%
2014-12-31 $8.00 Billion +9.11%
2013-12-31 $7.33 Billion +2.26%
2012-12-31 $7.17 Billion +7.81%
2011-12-31 $6.65 Billion +23.21%
2010-12-31 $5.40 Billion +8.00%
2009-12-31 $5.00 Billion +10.22%
2008-12-31 $4.53 Billion -0.15%
2007-12-31 $4.54 Billion +80.01%
2006-12-31 $2.52 Billion +61.87%
2005-12-31 $1.56 Billion +9.53%
2004-12-31 $1.42 Billion +41.51%
2003-12-31 $1.01 Billion +49.78%
2002-12-31 $671.36 Million +1.82%
2001-12-31 $659.34 Million +32.29%
2000-12-31 $498.40 Million +11.35%
1999-12-31 $447.60 Million +0.29%
1998-12-31 $446.32 Million +112.42%
1997-12-31 $210.11 Million --

Equity Component Analysis

This analysis shows how different components contribute to SL Green Realty Corp's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.

Equity Composition Insights

  • Retained earnings have decreased by 73929600000.0% over the analyzed period, potentially due to dividend distributions or operating losses.

Current Equity Component Breakdown (December 2025)

Component Amount Percentage
Common Stock $711.00K 0.02%
Other Components $4.61 Billion 119.15%
Total Equity $3.87 Billion 100.00%

SL Green Realty Corp Competitors by Market Cap

The table below lists competitors of SL Green Realty Corp ranked by their market capitalization.

Company Market Cap
SHREE CEMENT LIMITED
NSE:SHREECEM
 		$2.71 Billion
MGE Energy Inc
NASDAQ:MGEE
 		$2.71 Billion
Lepu Medical Tech Beijing
SHE:300003
 		$2.71 Billion
Sotera Health Co
NASDAQ:SHC
 		$2.71 Billion
Lion Corporation
PINK:LIOPY
 		$2.71 Billion
Sphere Entertainment Co.
NYSE:SPHR
 		$2.71 Billion
Mycronic AB (publ)
PINK:MICLF
 		$2.71 Billion
Consol Energy Inc
NYSE:CEIX
 		$2.71 Billion

Equity Growth Attribution

This analysis shows how different factors contributed to changes in SL Green Realty Corp's equity between the two most recent reporting periods.

Equity Growth Insights

  • From 2024 to 2025, total equity changed from 3,951,300,000 to 3,870,426,000, a change of -80,874,000 (-2.0%).
  • Net loss of 88,277,000 reduced equity.
  • Dividend payments of 242,635,000 reduced retained earnings.
  • Share repurchases of 23,146,000 reduced equity.
  • Other comprehensive income decreased equity by 18,196,000.
  • Other factors increased equity by 291,380,000.

Equity Change Factors (2024 to 2025)

Factor Impact Contribution
Net Income $-88.28 Million -2.28%
Dividends Paid $242.63 Million -6.27%
Share Repurchases $23.15 Million -0.6%
Other Comprehensive Income $-18.20 Million -0.47%
Other Changes $291.38 Million +7.53%
Total Change $- -2.05%

Book Value vs Market Value Analysis

This analysis compares SL Green Realty Corp's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.

Valuation Insights

  • Current price-to-book ratio: 0.69x
  • The company is trading below its book value, potentially indicating the market believes the assets are overvalued on the balance sheet or anticipates future losses.
  • The price-to-book ratio has decreased from 2.59x to 0.69x over the analyzed period, indicating reduced market premium.

Historical Price-to-Book Ratios

Date Book Value per Share Market Price P/B Ratio
1997-12-31 $14.75 $38.16 x
1998-12-31 $18.81 $38.16 x
1999-12-31 $15.67 $38.16 x
2000-12-31 $14.72 $38.16 x
2001-12-31 $21.16 $38.16 x
2002-12-31 $17.07 $38.16 x
2003-12-31 $25.11 $38.16 x
2004-12-31 $36.50 $38.16 x
2005-12-31 $34.02 $38.16 x
2006-12-31 $52.38 $38.16 x
2007-12-31 $63.64 $38.16 x
2008-12-31 $66.44 $38.16 x
2009-12-31 $60.91 $38.16 x
2010-12-31 $62.96 $38.16 x
2011-12-31 $71.31 $38.16 x
2012-12-31 $73.88 $38.16 x
2013-12-31 $72.65 $38.16 x
2014-12-31 $73.81 $38.16 x
2015-12-31 $74.51 $38.16 x
2016-12-31 $71.87 $38.16 x
2017-12-31 $61.96 $38.16 x
2018-12-31 $68.19 $38.16 x
2019-12-31 $66.47 $38.16 x
2020-12-31 $67.42 $38.16 x
2021-12-31 $69.39 $38.16 x
2022-12-31 $70.12 $38.16 x
2023-12-31 $55.70 $38.16 x
2024-12-31 $60.15 $38.16 x
2025-12-31 $54.94 $38.16 x

Capital Efficiency Dashboard

This dashboard shows how efficiently SL Green Realty Corp utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.

Capital Efficiency Insights

  • Current Return on Equity (ROE): -2.28%
  • The company may be facing challenges in efficiently utilizing shareholder equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: -8.80%
  • • Asset Turnover: 0.09x
  • • Equity Multiplier: 2.86x
  • Recent ROE (-2.28%) is below the historical average (6.73%), suggesting potential challenges in capital efficiency.

Historical Capital Efficiency Metrics

Year Return on Equity Net Profit Margin Asset Turnover Equity Multiplier Economic Value Added
1997 15.46% 82.71% 0.09x 2.17x $9.62 Million
1998 7.28% 21.50% 0.18x 1.92x $-11.03 Million
1999 10.55% 20.80% 0.19x 2.64x $2.25 Million
2000 18.95% 37.43% 0.20x 2.55x $40.71 Million
2001 10.28% 29.20% 0.16x 2.24x $1.71 Million
2002 11.86% 37.74% 0.13x 2.35x $11.67 Million
2003 10.32% 44.71% 0.10x 2.38x $3.08 Million
2004 15.54% 60.01% 0.13x 2.04x $74.64 Million
2005 10.79% 42.70% 0.11x 2.27x $11.47 Million
2006 9.22% 39.97% 0.12x 1.93x $-18.77 Million
2007 17.26% 62.63% 0.09x 2.99x $277.72 Million
2008 9.74% 34.10% 0.10x 2.81x $-10.36 Million
2009 1.31% 5.69% 0.10x 2.39x $-381.30 Million
2010 6.16% 27.72% 0.10x 2.32x $-187.33 Million
2011 10.06% 47.59% 0.09x 2.26x $3.77 Million
2012 1.81% 8.59% 0.09x 2.22x $-529.82 Million
2013 2.11% 10.00% 0.09x 2.29x $-514.91 Million
2014 7.51% 34.53% 0.09x 2.46x $-172.93 Million
2015 3.99% 17.37% 0.08x 2.71x $-437.70 Million
2016 3.57% 14.66% 0.11x 2.17x $-471.32 Million
2017 1.81% 7.35% 0.11x 2.25x $-509.73 Million
2018 4.38% 20.95% 0.10x 2.16x $-331.51 Million
2019 5.17% 23.36% 0.09x 2.35x $-262.79 Million
2020 7.74% 36.96% 0.09x 2.38x $-111.17 Million
2021 9.59% 56.71% 0.07x 2.32x $-19.43 Million
2022 -1.50% -8.31% 0.07x 2.59x $-547.93 Million
2023 -14.35% -64.92% 0.09x 2.52x $-922.16 Million
2024 0.78% 4.34% 0.07x 2.65x $-364.48 Million
2025 -2.28% -8.80% 0.09x 2.86x $-475.32 Million

Industry Comparison

This section compares SL Green Realty Corp's net assets metrics with peer companies in the REIT - Office industry.

Industry Context

  • Industry: REIT - Office
  • Average net assets among peers: $1,287,555,700
  • Average return on equity (ROE) among peers: 2.47%

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
SL Green Realty Corp (SLG) $4.35 Billion 15.46% 1.55x $2.71 Billion
Allied Properties Real Estate Investment Trust (APYRF) $215.70 Million 3.58% 1.33x $973.59 Million
Alexandria Real Estate Equities Inc (ARE) $1.58 Billion 5.93% 1.94x $7.61 Billion
Brandywine Realty Trust (BDN) $1.69 Billion 2.03% 1.41x $496.31 Million
BTB Real Estate Investment Trust (BTBIF) $248.95 Million 11.32% 2.06x $199.14 Million
Boston Properties Inc (BXP) $3.00 Billion 14.79% 1.81x $7.87 Billion
COPT Defense Properties (CDP) $1.68 Billion 4.55% 1.53x $3.58 Billion
City Office (CIO) $772.63 Million -0.35% 0.96x $2.76 Million
CLS Holdings plc (CLIHF) $929.20 Million -26.88% 1.33x $263.93 Million
Creative Media & Community Trust Corporation (CMCT) $42.90 Million 0.00% 0.01x $114.98K
Cromwell Property Group (CMWCF) $2.71 Billion 9.71% 0.86x $445.64 Million