Jun 30, 2021

SL Green Q2 2021 Earnings Report

Reported earnings per share (EPS) of $1.51 and funds from operations (FFO) of $1.60 per share.

Key Takeaways

SL Green Realty Corp. reported a net income attributable to common stockholders of $105.3 million, or $1.51 per share, for the quarter ended June 30, 2021. The company's FFO for the quarter was $117.7 million, or $1.60 per share.

Net income attributable to common stockholders of $1.51 per share for the second quarter of 2021 as compared to $0.76 per share for the same period in 2020.

Funds from operations, or FFO, of $1.60 per share for the second quarter of 2021 as compared to $1.70 per share for the same period in 2020.

Signed 42 Manhattan office leases covering 557,703 square feet in the second quarter.

Manhattan same-store office occupancy was 93.6% as of June 30, 2021, inclusive of leases signed but not yet commenced.

Total Revenue
$164M
Previous year: $174M
-5.9%
EPS
$1.6
Previous year: $1.7
-5.9%
Gross Profit
$124M
Previous year: $163M
-24.2%
Cash and Equivalents
$218M
Previous year: $1.02B
-78.5%
Total Assets
$11.2B
Previous year: $13.1B
-14.6%

SL Green

SL Green

SL Green Revenue by Segment

Forward Guidance

This document does not contain forward guidance.

Revenue & Expenses

Visualization of income flow from segment revenue to net income