कंपनी का अवलोकन
SL Green Realty Corp. operates as a self-managed real estate investment trust, or REIT, that leverages in-house capabilities across property management, acquisitions and dispositions, debt investing, financing, development, redevelopment, construction and leasing. The company functions within the Real Estate sector and specifically the REIT - Office industry, indicating its primary asset class consists of commercial office properties and its business model is tied to the commercial real estate market dynamics. As of the available data, the entity demonstrates a significant scale with a market capitalization of $2.93B, an annual revenue of $946.90M, and an employee count of 1289. These valuation metrics suggest the company holds a substantial position in the office REIT market, possessing the operational breadth to manage a portfolio that generated nearly $1 billion in revenue while maintaining a workforce of over 1,200 professionals to execute its complex real estate strategies.
वित्तीय स्वास्थ्य
The company reported a revenue of $946.90M for the trailing twelve months, yet recorded a net income of $-113,762,000 and an EBITDA of $409.78M. The substantial gap between the positive EBITDA and negative net income reveals a heavy cost structure driven by significant interest expenses and other non-operating costs that erode bottom-line profitability despite strong operational earnings. Free cash flow stands at $-206,495,680, which indicates a current lack of financial flexibility to fund organic growth or return capital to shareholders without relying on external financing. The gross margin is 52.4%, while the operating margin is 6.8% and the profit margin is -9.3%, showing that while the company retains over half of its revenue as gross profit, high overhead and financing costs compress operating and net profitability significantly. Total cash on hand is $163.75M, which is dwarfed by total debt of $5.99B, resulting in a debt-to-equity ratio of 137.51 that characterizes the balance sheet as highly leveraged rather than conservative. The current ratio is 4.54, suggesting the company possesses ample short-term liquidity to cover its immediate obligations despite the long-term debt burden. Return on Equity is -2.2% and Return on Assets is 0.9%, indicating that management effectiveness is currently challenged by the net loss position, as the company is failing to generate positive returns on shareholder equity or total assets.
मूल्यांकन आकलन
The P/E Ratio (TTM) is listed as N/A due to the negative net income, while the forward P/E is -21.34, implying that market expectations for future earnings growth are not currently reflected in a positive multiple or that the market prices the stock based on alternative metrics given the current loss. The price-to-book ratio is 0.80, indicating that the market values the company at 80% of its book value, which suggests the market is pricing the equity below the net asset value rather than applying a premium. The price-to-sales ratio is 3.10 and the EV/EBITDA is 23.11, suggesting that the market is willing to pay a significant multiple of sales and enterprise value relative to earnings before interest, taxes, depreciation, and amortization despite the current earnings deficit. The 52-week high is $66.91 and the 52-week low is $34.77, and without a specific current price in the provided facts, the valuation context relies on the forward P/E of -21.34 to suggest pricing relative to these historical ranges. The beta value is 1.59, meaning the stock's price volatility is significantly higher than the broader market, as a beta greater than 1.0 indicates the asset moves more aggressively than the overall market index.
Growth & Income
Revenue growth (YoY) and earnings growth (YoY) are both listed as N/A in the available data, which prevents a direct comparison of whether earnings are growing faster or slower than revenue at this specific moment. The company pays a dividend yield of 6.9%, but the payout ratio is 15375.0%, indicating that the dividend is not sustainable based on current earnings and likely relies on cash reserves, asset sales, or capital raising activities. Given the negative net income and the unsustainable payout ratio, the company is currently unable to reinvest earnings into growth in the traditional sense as it must prioritize maintaining liquidity to meet its massive debt obligations. The overall growth and income profile presents a high-yield but high-risk characteristic where income is decoupled from earnings power and growth metrics are currently unavailable for analysis.