SL Green Realty (BSP:S1LG34) EBIT: R$528 Mil (TTM As of Mar. 2026)

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BSP:S1LG34 SL Green Realty Corp BSP:S1LG34
49 GF Score
Price R$133.42
GF Value R$111.79
Valuation Modestly Overvalued
! 11 Warning Signs
View Full Analysis

What is SL Green Realty EBIT?

SL Green Realty BSP:S1LG34 +0.11% 49 EBIT is R$528 Mil as of Mar. 2026. GuruFocus rates BSP:S1LG34 with a GF Score™ of 49/100 and a GF Value™ of R$111.79 (Modestly Overvalued). The stock has 11 warning signs investors should review.

SL Green Realty's earnings before interest and taxes (EBIT) for the three months ended in Mar. 2026 was R$-62 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2026 was R$528 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. SL Green Realty's annualized ROC % for the quarter that ended in Mar. 2026 was -0.89%. SL Green Realty's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was -4.32%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. SL Green Realty's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 1.04%.


SL Green Realty  (BSP:S1LG34) EBIT Explanation

1. EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition.

SL Green Realty's annualized ROC % for the quarter that ended in Mar. 2026 is calculated as:

ROC % (Q: Mar. 2026 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Dec. 2025 ) + Invested Capital (Q: Mar. 2026 ))/ count )
=-525.176 * ( 1 - 0% )/( (58653.226 + 59625.127)/ 2 )
=-525.176/59139.1765
=-0.89 %

where

Invested Capital(Q: Dec. 2025 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
=60463.379 - 831.329 - ( 978.824 - max(0, 5115.226 - 9343.066+978.824))
=58653.226

Invested Capital(Q: Mar. 2026 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
=61493.559 - 983.599 - ( 884.833 - max(0, 7174.514 - 10181.874+884.833))
=59625.127

Note: The Operating Income data used here is four times the quarterly (Mar. 2026) data.

2. Joel Greenblatt's definition of Return on Capital:

SL Green Realty's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 is calculated as:

ROC (Joel Greenblatt) %(Q: Mar. 2026 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Dec. 2025  Q: Mar. 2026
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=-247.672/( ( (4716.071 + max(1053.784, 0)) + (4755.678 + max(933.709, 0)) )/ 2 )
=-247.672/( ( 5769.855 + 5689.387 )/ 2 )
=-247.672/5729.621
=-4.32 %

where Working Capital is:

Working Capital(Q: Dec. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(1703.28 + 0 + 986.106) - (831.329 + 804.274 + -0.0010000000002037)
=1053.784

Working Capital(Q: Mar. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(1670.617 + 0 + 2123.186) - (983.599 + 883.698 + 992.797)
=933.709

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Mar. 2026) EBIT data.

3. It is also linked to Joel Greenblatt's definition of Earnings Yield:

SL Green Realty's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Mar. 2026 )
=527.667/50917.055
=1.04 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


SL Green Realty EBIT Related Terms


SL Green Realty EBIT Historical Data

* Premium members only.

The historical data trend for SL Green Realty's EBIT can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

SL Green Realty EBIT Chart

SL Green Realty Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3,126.66 64.52 -2,263.86 1,193.01 849.77

SL Green Realty Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
EBIT Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 339.92 506.38 -213.29 -61.92 296.50

BSP:S1LG34 vs HIW, CDP, KRC: EBIT Comparison

For the REIT - Office subindustry, SL Green Realty's EV-to-EBIT, along with its competitors' market caps and EV-to-EBIT data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


SL Green Realty EV-to-EBIT vs REITs Industry

For the REITs industry and Real Estate sector, SL Green Realty's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where SL Green Realty's EV-to-EBIT falls into.


BSP:S1LG34
49GF Score
SL Green Realty Corp BSP:S1LG34
EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

SL Green Realty EBIT Calculation

EBIT, sometimes also called Earnings Before Interest and Taxes, is a measure of a firm's profit that includes all expenses except interest and income tax expenses. It is the difference between operating revenues and operating expenses. When a firm does not have non-operating income, then Operating Income is sometimes used as a synonym for EBIT and operating profit.

EBIT for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was R$528 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about EBIT →
What does a EBIT of R$528 Mil mean?
SL Green Realty (BSP:S1LG34) has a EBIT of R$528 Mil as of Mar. 2026. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on SL Green Realty.
Is SL Green Realty's EBIT too high?
SL Green Realty's current EBIT is R$528 Mil. Overall, SL Green Realty has a GF Score™ of 49/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does SL Green Realty's EBIT compare to HIW and CDP?
SL Green Realty's EBIT of R$528 Mil can be compared against companies in the REITs industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good EBIT for a REITs company?
A good EBIT depends on the REITs industry context. However, EBIT should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high EBIT mean?
A high EBIT can signal that a stock is expensive relative to its fundamentals. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on SL Green Realty. SL Green Realty's current EBIT is R$528 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is SL Green Realty stock overvalued right now?
Based on GuruFocus' analysis, SL Green Realty (BSP:S1LG34) is currently considered Modestly Overvalued. The stock's GF Value™ is R$111.79, compared to a current price of R$133.42 — trading 19.3% above its estimated fair value. The current EBIT is R$528 Mil. SL Green Realty's overall GF Score™ is 49/100 with 11 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EBIT calculated?
EBIT is calculated from a company's financial statements. For SL Green Realty (BSP:S1LG34), the current EBIT is R$528 Mil as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is SL Green Realty (BSP:S1LG34) Overvalued in 2026?

Based on GuruFocus' analysis, SL Green Realty stock appears to be overvalued. The current stock price of R$133.42 is trading 19.3% above its estimated GF Value™ of R$111.79. GuruFocus considers SL Green Realty to be Modestly Overvalued.

Key valuation signals for BSP:S1LG34:

  • EBIT: R$528 Mil
  • GF Value™: R$111.79 vs. price of R$133.42 (19.3% above fair value)
  • GF Score™: 49/100 with 11 warning signs

No single metric tells the full story. See the BSP:S1LG34 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


SL Green Realty Business Description

Industry Real EstateREITs
Address One Vanderbilt Avenue, New York, NY, USA, 10017
SL Green Realty is one of the largest Manhattan property owners and landlords, with interest in around 31.4 million square feet of wholly owned and joint-venture office space. The company has additional property exposure through its limited portfolio of well-located retail space. It operates as a real estate investment trust.
49GF Score

Get the complete analysis for BSP:S1LG34

EBIT is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

R$133.42
Price
R$111.79
GF Value