Jun 30, 2022

SL Green Q2 2022 Earnings Report

Reported a net loss attributable to common stockholders and FFO.

Key Takeaways

SL Green Realty Corp. reported a net loss of $0.70 per share for Q2 2022, compared to a net income of $1.56 per share for the same period in 2021. FFO was $1.87 per share for Q2 2022, compared to $1.60 per share in 2021.

Net loss attributable to common stockholders was $0.70 per share for Q2 2022, compared to net income of $1.56 per share for the same period in 2021.

FFO was $1.87 per share for Q2 2022, compared to $1.60 per share for the same period in 2021.

Signed 39 Manhattan office leases covering 188,822 square feet in Q2 2022.

Same-store cash NOI increased by 6.7% for Q2 2022 compared to the same period in 2021, excluding lease termination income.

Total Revenue
$136M
Previous year: $164M
-16.7%
EPS
$1.87
Previous year: $1.6
+16.9%
Gross Profit
$125M
Previous year: $124M
+0.7%
Cash and Equivalents
$189M
Previous year: $218M
-13.3%
Total Assets
$10.7B
Previous year: $11.2B
-4.1%

SL Green

SL Green

SL Green Revenue by Segment

Revenue & Expenses

Visualization of income flow from segment revenue to net income