SL Green Realty Corp.
Financial ratios & Valuation

Historical Multiples (2014 – 2023)

2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 TTM Median
Valuation Ratios
Price/Earnings ratio
22.5539.7442.5290.9128.0659.9111.3810.31-13.00-5.17-30.4159.91
Price/Sales ratio
7.726.955.956.785.916.064.105.582.603.155.486.06
Price/Book Value ratio
1.691.581.511.641.231.380.880.950.450.761.141.38
Price/Cash Flow ratio
23.9521.9717.4918.6916.4419.947.7918.417.8012.5537.1616.44
Price/Free Cash Flow ratio
85.28-9.493.898.843.1250.6644.98-101.34-87.3212.55-80.6550.66
Price/Earnings Growth ratio
0.05-0.82-3.12-1.450.12-1.310.050.330.09-0.01-1.65-1.31
Dividend Yield
1.76%2.22%2.82%3.25%4.31%4.07%6.80%5.75%12.16%8.01%4.15%4.07%
Profitability Indicator Ratios
Gross Profit Margin
64.97%65.89%68.10%62.22%63.44%62.98%63.09%58.94%58.96%47.66%49.43%62.98%
Operating Profit Margin
57.92%60.27%18.70%57.14%54.45%28.56%15.31%11.26%13.62%-78.69%20.46%28.56%
Pretax Profit Margin
23.92%7.63%14.96%6.68%22.06%23.52%39.39%56.94%-9.22%-65.59%-16.29%23.52%
Net Profit Margin
34.26%17.50%14.00%7.46%21.07%10.11%36.07%54.15%-20.05%-60.99%-16.18%10.11%
Effective Tax Rate
41.90%124.86%125.79%342.19%-69.00%56.99%30.48%8.12%-117.26%N/A158.74%-69.00%
Return on Assets
3.04%1.46%1.64%0.80%2.02%0.98%3.24%4.13%-1.34%-5.84%-1.37%0.98%
Return On Equity
7.50%3.99%3.56%1.81%4.38%2.30%7.73%9.21%-3.48%-14.71%-3.63%2.30%
Return on Capital Employed
5.54%5.58%2.27%6.41%5.61%2.91%1.44%0.93%0.98%-8.31%1.93%2.91%
Liquidity Ratios
Current Ratio
N/AN/AN/AN/AN/AN/AN/AN/AN/AN/A1.30N/A
Quick Ratio
1.130.591.842.090.861.631.430.910.840.741.300.86
Cash ratio
0.230.130.520.240.150.260.480.270.220.250.170.15
Days of Sales Outstanding
106.63125.75100.22107.70120.61102.54132.42140.69141.16123.87440.86120.61
Days of Inventory outstanding
-1.49-0.13-12.94-10.67-15.19-3.51-0.02-1.99-62.03N/AN/A-15.19
Operating Cycle
105.14125.6287.2797.03105.4299.03132.40138.7079.12123.87440.86105.42
Days of Payables Outstanding
118.76126.27117.0087.67119.63132.83142.13165.96166.62116.91104.44132.83
Cash Conversion Cycle
-13.62-0.64-29.739.35-14.21-33.80-9.73-27.26-87.506.95336.41-14.21
Debt Ratios
Debt Ratio
0.470.460.400.410.430.430.420.360.440.360.430.43
Debt Equity Ratio
1.171.270.880.940.931.011.000.811.150.911.180.93
Long-term Debt to Capitalization
0.530.560.460.480.480.490.490.420.530.430.490.48
Total Debt to Capitalization
0.540.560.460.480.480.500.500.440.530.470.540.48
Interest Coverage Ratio
N/AN/AN/AN/AN/AN/AN/AN/AN/AN/A1.53N/A
Cash Flow to Debt Ratio
0.050.050.090.090.070.060.110.060.050.060.020.06
Company Equity Multiplier
2.462.722.162.242.162.342.382.232.592.512.742.16
Cash Flow Ratios
Operating Cash Flow / Sales Ratio
0.320.310.340.360.350.300.520.300.330.250.130.30
Free Cash Flow / Operating Cash Flow Ratio
0.28-2.314.492.115.250.390.17-0.18-0.081-0.510.39
Cash Flow Coverage Ratio
0.050.050.090.090.070.060.110.060.050.060.020.06
Short Term Coverage Ratio
2.22N/AN/AN/AN/A1.605.260.65N/A0.410.151.60
Dividend Payout Ratio
39.74%88.43%120.27%295.75%121.10%244.44%77.40%59.30%-158.12%-41.43%-157.46%244.44%