SL Green Realty profit margin SLG
Gross, operating and net profit as a share of revenue over the last twelve months, from 2010.
- Net margin, 12 months
- −16.9%
- Net margin on a year earlier
- −14.7 pts
- Peer median
- 19.7%
Over the twelve months to Jun 30, 2026, SL Green Realty kept −16.9% of its revenue as net profit.
Five years earlier its net margin was 32.0%.
The median for 10 specialty REITs of a similar size is 19.7%.
Profit margin over time
Fiscal year by fiscal year
| Fiscal year | Net margin |
|---|---|
| FY2025 | −9.7% |
| FY2024 | 2.5% |
| FY2023 | −61.8% |
| FY2022 | −9.4% |
| FY2021 | 53.3% |
| FY2020 | 35.2% |
| FY2019 | 21.8% |
| FY2018 | 20.1% |
| FY2017 | 6.7% |
| FY2016 | 13.4% |
| FY2015 | 17.1% |
| FY2014 | 34.1% |
| FY2013 | 9.9% |
| FY2012 | 14.2% |
| FY2011 | 51.2% |
Quarter by quarter
| Quarter | Ended | Net margin, 12 months | Change on a year |
|---|---|---|---|
| Q2 FY26 | −16.9% | −14.7 pts | |
| Q1 FY26 | −15.8% | −14.5 pts | |
| Q4 FY25 | −9.7% | −12.1 pts | |
| Q3 FY25 | 1.7% | +18.5 pts | |
| Q2 FY25 | −2.2% | +16.2 pts | |
| Q1 FY25 | −1.3% | +58.5 pts | |
| Q4 FY24 | 2.5% | +64.3 pts | |
| Q3 FY24 | −16.8% | +34.3 pts | |
| Q2 FY24 | −18.5% | +29.1 pts | |
| Q1 FY24 | −59.8% | −45.6 pts | |
| Q4 FY23 | −61.8% | −52.3 pts | |
| Q3 FY23 | −51.1% | −42.9 pts |
Against its peers
Companies in REIT - Specialty nearest SL Green Realty's size, closest first, today.
| Company | Profit margin |
|---|---|
| SLGSL Green Realty | −16.9% |
| IRTIndependence Realty Trust | 6.5% |
| LXPLXP Industrial Trust | 18.7% |
| HIWHighwoods Properties | 20.8% |
| BNLBroadstone Net Lease | 30.6% |
| NHINational Health Investors | 38.6% |
| CDPCopt Defense Properties | 20.9% |
| HHHHoward Hughes | 12.3% |
| CXWCoreCivic | 5.1% |
| APLEApple Hospitality REIT | 12.2% |
| EPREPR Properties | 35.5% |
| Peer median | 19.7% |
What the profit margin tells you
Profit as a share of revenue at three levels: gross (after making the product), operating (after running the business) and net (after everything, including tax and interest).
Compare within an industry. 10% is superb for a retailer and poor for a software company.
More on SL Green Realty
Valuation data, not investment advice. Prices as of . Reported figures come from the company's filings with the SEC.