Dec 31, 2024

SL Green Q4 2024 Earnings Report

Reported earnings with EPS of $0.13 per share and FFO of $1.81 per share.

Key Takeaways

SL Green Realty Corp. reported a net income attributable to common stockholders of $0.13 per share for the fourth quarter of 2024. FFO was $1.81 per share for the fourth quarter of 2024.

Net income attributable to common stockholders was $0.13 per share for Q4 2024, compared to a net loss of $2.45 per share in the same period of 2023.

FFO was $1.81 per share for Q4 2024, including gains on discounted debt extinguishment and positive non-cash fair value adjustments.

48 Manhattan office leases were signed, covering 1,789,996 square feet in Q4 2024.

Manhattan same-store office occupancy increased to 92.5% as of December 31, 2024, inclusive of leases signed but not yet commenced.

Total Revenue
$140M
Previous year: $132M
+5.8%
EPS
$1.81
Previous year: $0.72
+151.4%
Cash and Equivalents
$184M
Previous year: $222M
-16.9%
Total Assets
$10.5B
Previous year: $9.53B
+9.7%

SL Green

SL Green

Forward Guidance

No specific forward guidance was provided in the report.