GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » SL Green Realty Corp (NYSE:SLG) » Definitions » Operating Margin %

SL Green Realty (SL Green Realty) Operating Margin % : -126.97% (As of Dec. 2023)


View and export this data going back to 1997. Start your Free Trial

What is SL Green Realty Operating Margin %?

Operating Margin % is calculated as Operating Income divided by its Revenue. SL Green Realty's Operating Income for the three months ended in Dec. 2023 was $-375.6 Mil. SL Green Realty's Revenue for the three months ended in Dec. 2023 was $295.8 Mil. Therefore, SL Green Realty's Operating Margin % for the quarter that ended in Dec. 2023 was -126.97%.

The historical rank and industry rank for SL Green Realty's Operating Margin % or its related term are showing as below:

SLG' s Operating Margin % Range Over the Past 10 Years
Min: -41.5   Med: 19.97   Max: 34.44
Current: -41.5


SLG's Operating Margin % is ranked worse than
97.99% of 695 companies
in the REITs industry
Industry Median: 51.83 vs SLG: -41.50

SL Green Realty's 5-Year Average Operating Margin % Growth Rate was 0.00% per year.

SL Green Realty's Operating Income for the three months ended in Dec. 2023 was $-375.6 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Dec. 2023 was $-364.3 Mil.


SL Green Realty Operating Margin % Historical Data

The historical data trend for SL Green Realty's Operating Margin % 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.

* Premium members only.

SL Green Realty Operating Margin % Chart

SL Green Realty Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Operating Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 32.29 21.22 18.45 18.72 -34.25

SL Green Realty Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Operating Margin % 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 9.84 16.07 6.99 -126.97 -19.33

Competitive Comparison of SL Green Realty's Operating Margin %

For the REIT - Office subindustry, SL Green Realty's Operating Margin %, along with its competitors' market caps and Operating Margin % 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's Operating Margin % Distribution in the REITs Industry

For the REITs industry and Real Estate sector, SL Green Realty's Operating Margin % distribution charts can be found below:

* The bar in red indicates where SL Green Realty's Operating Margin % falls into.



SL Green Realty Operating Margin % Calculation

Operating Margin % - also known as operating income margin, operating profit margin and return on sales (ROS) - is the ratio of Operating Income divided by net sales or Revenue, usually presented in percent.

SL Green Realty's Operating Margin % for the fiscal year that ended in Dec. 2023 is calculated as

Operating Margin %=Operating Income (A: Dec. 2023 ) / Revenue (A: Dec. 2023 )
=-312.91 / 913.71
=-34.25 %

SL Green Realty's Operating Margin % for the quarter that ended in Dec. 2023 is calculated as

Operating Margin %=Operating Income (Q: Dec. 2023 ) / Revenue (Q: Dec. 2023 )
=-375.631 / 295.845
=-126.97 %

* 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  (NYSE:SLG) Operating Margin % Explanation

Just like Gross Margin %, it is important to see a company maintains its operating margin over time. Among the same industry, a company with higher operating margin is more efficient in its operation. It is also more stable during industry slowdown or recessions. Peter Lynch prefers those with higher margins than those with lower margins.


Be Aware

Operating Margin % can be manipulated by adjusting the rate of depreciation, depletion and amortization (DDA).

If a company is facing competition, its Operating Margin % may decline. Often the Operating Margin % declines well before the company's Revenue or even profit decline. Therefore, Operating Margin % is a very important indicator of whether the company is facing problems.

For instance, by 2012, Nokia (NOK)'s problems were well known and its stock had lost more than 90% of its market value since 2007. But Nokia’s Operating Margin % had already been in decline since 2002, although its Earnings per Share (Diluted) were still rising. Investors who paid attention to Operating Margin % would have avoided this huge loss. The same can be said for Research-in-Motion (RIMM).

Therefore, Operating Margin % is a very important screening filter for GuruFocus. GuruFocus's Buffett-Munger screener requires that the profit margin is either consistent or expanding. The Model Portfolio of the Buffett-Munger screener has outperformed the market every year since inception in 2009.


SL Green Realty Operating Margin % Related Terms

Thank you for viewing the detailed overview of SL Green Realty's Operating Margin % provided by GuruFocus.com. Please click on the following links to see related term pages.


SL Green Realty (SL Green Realty) Business Description

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 35 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.
Executives
Andrew W Mathias director, officer: President
Burton Edwin T Iii director C/O SL GREEN REALTY CORP, 420 LEXINGTON SUITE 1900, NEW YORK NY 10170
Betsy S Atkins director
Craig M Hatkoff director ONE WEST 72ND STREET, NEWYORK NY 10023
Carol N Brown director SL GREEN REALTY CORP., ONE VANDERBILT AVENUE, NEW YORK NY 10017
Matthew J. Diliberto officer: Chief Financial Officer SL GREEN REALTY CORP., 420 LEXINGTON AVENUE, NEW YORK NY 10179
Andrew S Levine officer: Chief Legal Officer & GC C/O SL GREEN REALTY CORP, 420 LEXINGTON SUITE 1900, NEW YORK NY 10170
Alschuler John H Jr director C/O SL GREEN REALTY CORP, 420 LEXINGTON SUITE 1900, NEW YORK NY 10170
Stephen L Green officer: Chairman of the Board C/O SL GREEN REALITY CORP, 420 LEXINGTON AVE SUITE 1900, NEW YORK NY 10170
Marc Holliday director, officer: Chief Executive Officer C/O SL GREEN REALTY CORP, 420 LEXINGTON SUITE 1900, NEW YORK NY 10170
John S Levy director C/O SL GREEN REALTY CORP, 420 LEXINGTON SUITE 1900, NEW YORK NY 10170
Lauren B. Dillard director SL GREEN REALTY CORP., 420 LEXINGTON AVENUE, NEW YORK NY 10170
James E Mead officer: Chief Financial Officer C/O STRATEGIC HOTEL CAPITAL, INC., 77 WEST WACKER DRIVE, SUITE 4600, CHICAGO IL 60601
Gregory F Hughes officer: Chief Financial Officer
Gerry Nocera officer: Executive Vice President C/O SL GREEN REALTY CORP, 420 LEXINGTON SUITE 1900, NEW YORK NY 10170