SL Green Realty Corp.

SL Green Realty Corp. reported a challenging fiscal year 2025, concluding with a net loss attributable to common stockholders of $111.9 million, or -$2.00 per diluted share. Total revenues remained strong at $1.00 billion, driven primarily by rental revenue of $680.1 million and significant contributions from SUMMIT Operator revenue ($122.3 million) and other income ($108.5 million). However, total expenses reached $1.07 billion, with depreciation and amortization ($255.7 million) and interest expense ($187.7 million) weighing heavily on profitability. Despite the net loss, the company maintained robust liquidity with $384.1 million in total cash and restricted cash. Operating cash flow remained positive at $82.9 million. Significant investing activity included $271.6 million in real estate acquisitions, partially offset by $330.4 million in net proceeds from dispositions. The balance sheet reflects total assets of $11.08 billion against total liabilities of $6.73 billion, resulting in total equity of $3.91 billion.

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