SL Green Realty Corp. SLG
SL Green Realty Corp., Manhattan's largest office landlord, is a fully integrated real estate investment trust, or REIT, that is focused primarily on acquiring, managing and maximizing the value of Manhattan commercial properties. As of March 31, 2026, SL Green held interests in 55 buildings totaling 30.8 million square feet, which included ownership interests in 29.4 million square feet and 1.4 million square feet securing debt and preferred equity investments, excluding fund investments, and managed 3 buildings totaling 0.8 million square feet owned by third parties.
Snapshot
Reported FFO / AFFO / leverage are from the Q1 2026 earnings release (filed 2026-04-16) — 8-K, EX-99.1.
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.
Dividends
| Ex-date | Record | Payment | Declared | Amount | Freq. |
|---|---|---|---|---|---|
| 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 |
| 2024-01-30 | 2024-01-31 | 2024-02-15 | 2024-01-18 | $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).
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 |
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.