SLG vs JBGS vs VNO Stock Comparison

Sl Green Realty, JBG SMITH Properties and Vornado Realty Trust Prices as of Oct 28, 2026 Peers: Industry group
SLG Sl Green Realty Corp
$49.00 -0.7% 1M -7.9% 1Y
Market cap
$3.60B
P/E
–
Revenue (TTM)
$1.07B
Div. yield
–
Office REITs Real Estate
3 wins
JBGS JBG SMITH Properties
$11.56 +13.4% 1M -45.9% 1Y
Market cap
$701.45M
P/E
–
Revenue (TTM)
$508.41M
Div. yield
0.06%
Office REITs Real Estate
VNO Vornado Realty Trust
$34.35 +0.7% 1M -12.6% 1Y
Market cap
$6.58B
P/E
1,139x
Revenue (TTM)
$1.83B
Div. yield
–
Office REITs Real Estate
6 wins

Head to Head

9 decided of 12

Vornado Realty Trust leads on 6 of the 12 questions below (Vornado Realty Trust 6, Sl Green Realty 3). Which ones matter depends on what you are buying for; a cheap multiple and slow growth often come together.

QuestionSLGJBGSVNOLeader
Larger companyMarket capitalisation $3.60B $701.45M $6.58B VNO
Cheaper on earningsLower P/E, profitable companies only -25.1x -4.6x 1,139x –
Cheaper on forward earningsLower price / next fiscal year consensus EPS — — — –
Faster revenue growthRevenue growth, trailing twelve months +9.7% -1.1% +1.4% SLG
More profitableNet margin, trailing twelve months — -30.3% 0.3% VNO
Better return on capitalReturn on invested capital — -1.3% 2.3% VNO
Less leveragedLower net debt / EBITDA — 16.9x 7.1x VNO
Higher dividend yieldTrailing dividend yield 0.00% 0.06% 0.00% –
Better 1-year returnPrice return, last 12 months -7.9% -45.9% -12.6% SLG
Better 5-year returnAnnualised price return, 5 years -7.5%/yr -16.7%/yr -4.2%/yr VNO
Less volatileAnnualised volatility, 1 year 38.2% 34.7% 32.7% VNO
Higher overall scoreMean of the five percentile scores vs peers 50/100 25/100 28/100 SLG

Percentile Scorecard

SLGJBGSVNO

Each axis is the mean percentile of its metrics against the company's industry group. 100 is the best in the group, 50 the middle.

Scores by Axis

AxisSLGJBGSVNO
Valuation 49 #75 of 145 33 #97 of 145 24 #110 of 145
Growth 40 #85 of 142 12 #125 of 142 13 #124 of 142
Profitability – 4 #130 of 135 37 #85 of 135
Financial Health – 11 #121 of 136 33 #91 of 136
Shareholder Returns 60 #53 of 131 62 #50 of 131 35 #86 of 131
Overall 50 25 28
  • SLG ranked among 149 companies in Property REITs
  • JBGS ranked among 149 companies in Property REITs
  • VNO ranked among 149 companies in Property REITs

Price Performance

Price return, split-adjusted, before dividends. Click a name to hide or show it.

Returns

PeriodSLGJBGSVNOSPY
1 month -0.7%+13.4%+0.7% +0.9%
3 months -9.0%-20.4%-15.5% +5.9%
6 months +15.5%-22.5%+17.0% +8.5%
Year to date +6.8%-32.0%+3.2% +13.3%
1 year -7.9%-45.9%-12.6% +12.4%
3 years +67.5%-10.0%+75.9% +88.1%
3 years, per year +18.8%-3.4%+20.7% +23.5%
5 years -32.1%-59.9%-19.4% +68.2%
5 years, per year -7.5%-16.7%-4.2% +11.0%
10 years -51.8%—-53.4% +263.4%
10 years, per year -7.0%—-7.4% +13.8%

Risk

MeasureSLGJBGSVNOSPY
Volatility, 1Y 38.2%34.7%32.7% 12.7%
Downside volatility, 1Y 38.5%40.3%33.5% 12.7%
Beta vs S&P 500, 1Y 0.920.170.99 1.00
Return / volatility, 1Y -0.21-1.32-0.38 0.98
Max drawdown, 5Y -76.2%-67.3%-73.6% -25.4%
From 52-week high -18.1%-45.9%-16.0% -0.9%
52-week high $59.83$21.35$40.91 $779.14
52-week low $35.33$10.05$24.71 $631.97

Valuation History

Weekly multiples on trailing twelve-month fundamentals. Negative or extreme readings (a loss year, a collapsed denominator) are left out so the chart stays readable.

MultipleSLGJBGSVNO
P/E now vs peer median -24.2xmedian 25.8x -4.4xmedian 25.8x 1,113xmedian 25.8x
P/S now vs peer median 3.3xmedian 4.0x 1.7xmedian 4.0x 3.5xmedian 4.0x
EV/EBITDA now vs peer median —median 14.2x 22.8xmedian 14.2x 13.9xmedian 14.2x
P/FCF now vs peer median -3.5xmedian 23.0x -13.0xmedian 23.0x -15.4xmedian 23.0x
P/B now vs peer median 0.9xmedian 1.3x 0.8xmedian 1.3x 1.1xmedian 1.3x
PEG now vs peer median -0.70median 1.91 0.04median 1.91 42.35median 1.91

Financial History

Reported figures by fiscal period, placed on the calendar year (or quarter) each period ended in, so companies with different fiscal years line up.

Trailing twelve monthsSLGJBGSVNO
Revenue $1.07B $508.41M $1.83B
Net income – -$186.68M $49.20M
Free cash flow – -$66.16M -$416.33M
EPS (diluted) $-2.03 $-2.64 $0.03
Cash & equivalents $186.44M $74.80M $675.35M
Total debt – $10.02B $7.44B
Shares (diluted) 70.67M 58.28M 194.20M
Enterprise value $3.60B $407.16M $2.98B

All Metrics

58 metrics · best in bold

Bold marks the best reading: the lowest positive value for multiples, leverage and payout, the highest for everything else. The bar under each value is its percentile against that company's own peers. Hover a value for its rank and the peer median.

Valuation

12 metrics
MetricSLGJBGSVNO
P/E -24.2x -4.4x 1,113x
P/FCF -3.5x -13.0x -15.4x
P/Operating cash flow – 14.2x 16.4x
P/S 3.3x 1.7x 3.5x
P/B 0.9x 0.8x 1.1x
P/Tangible book 1.2x 0.8x 1.1x
EV/EBITDA – 22.8x 13.9x
EV/EBIT – -70.0x 32.8x
EV/Revenue 3.3x 6.5x 7.2x
EV/FCF – -50.1x -31.7x
EV/Operating cash flow – 54.6x 33.7x
PEG (3Y EPS CAGR) -0.70 0.04 42.35

Growth

14 metrics
MetricSLGJBGSVNO
Revenue growth (1Y) 9.7% -1.1% 1.4%
Revenue CAGR (3Y) 1.5% -5.6% 0.1%
Gross profit growth (1Y) – – –
Gross profit CAGR (3Y) – – –
Operating income growth (1Y) – – –
Operating income CAGR (3Y) – – –
Net income growth (1Y) – -4.3% -94.6%
Net income CAGR (3Y) – -83.2% 28.4%
EPS growth (1Y) -7,085% -17.4% -99.3%
EPS CAGR (3Y) 34.3% -113.4% 26.3%
Operating cash flow growth (1Y) – -39.5% -71.9%
Operating cash flow CAGR (3Y) – -27.6% -19.3%
Free cash flow growth (1Y) – 42.6% -145.3%
Free cash flow CAGR (3Y) – 40.8% -66.0%

Profitability

14 metrics
MetricSLGJBGSVNO
Gross margin – – –
EBITDA margin – 28.6% 52.0%
Operating margin – – –
Pretax margin – -37.4% 2.9%
Net margin – -30.3% 0.3%
FCF margin – -13.0% -22.8%
Operating cash flow margin – 11.9% 21.4%
Return on equity -2.6% -16.8% 0.7%
Return on assets – -4.3% 0.3%
Return on invested capital – -1.3% 2.3%
Return on capital employed – – –
Asset turnover – 0.1x 0.1x
Cash conversion (OCF / net income) – -0.3x 7.9x
Stock comp / revenue – 5.3% 1.4%

Financial Health

11 metrics
MetricSLGJBGSVNO
Debt / assets – 59.4% 47.7%
Debt / equity – 2.3x 1.2x
Net debt / EBITDA – 16.9x 7.1x
Debt / FCF – -38.2x -17.9x
Liabilities / assets – 74.7% 61.8%
Equity / assets – 25.3% 38.2%
Interest coverage – -0.3x 1.2x
Current ratio – – –
Quick ratio – – –
Cash ratio – – –
Altman Z-score – – –

Shareholder Returns

7 metrics
MetricSLGJBGSVNO
Dividend yield 4.8% 6.0% 2.2%
Net buyback yield – 11.4% 2.1%
Shareholder yield 4.8% 17.4% 4.2%
Payout ratio (earnings) – -22.4% –
Payout ratio (FCF) – -63.3% –
Dividend growth (1Y) – -26.6% –
Dividend CAGR (3Y) – -25.4% –

Analyst Estimates

Solid lines are reported fiscal-year results; dashed lines are the consensus for the years ahead. Hover a year for the analysts' high and low, and how each result compared with its estimate.

ConsensusSLGJBGSVNO
EPS, next fiscal year $-0.75FY2026 $-2.03FY2026 $-0.40FY2026
EPS growth, next FY – – -109.5%FY2026
Revenue, next fiscal year $640.65MFY2026 $453.74MFY2026 $1.78BFY2026
Revenue growth, next FY +6.5%FY2026 -9.0%FY2026 -1.9%FY2026
Revenue growth, the year after +6.4% +11.5% +24.9%

Institutional Ownership

13F filings, quarter ended Jun 30, 2026
HoldersSLGJBGSVNO
Held by institutions 99.3% 97.6% 99.2%
Institutions holding 355 206 433
Change in shares held, QoQ +0.0% +2.8% +14.6%
Institutions buying 185 86 233
Institutions selling 118 72 126
Buyers to sellers 1.57 1.19 1.85

Return Correlation

Daily returns, last 12 months

1.00 means two stocks move in lockstep, 0 that they move independently. Pairs below about 0.5 diversify each other.

SLGJBGSVNO
SLG 1.00 0.46 0.82
JBGS 0.46 1.00 0.45
VNO 0.82 0.45 1.00

Add a Peer

Largest companies in the same industry

Related Comparisons

Frequently Asked Questions

Which is bigger, SLG, JBGS and VNO?

Vornado Realty Trust (VNO) is the largest by market capitalisation: Sl Green Realty (SLG) $3.60B, JBG SMITH Properties (JBGS) $701.45M, Vornado Realty Trust (VNO) $6.58B.

Which company is growing faster?

Sl Green Realty (SLG) grew revenue fastest over the trailing twelve months: Sl Green Realty (SLG) +9.7%, JBG SMITH Properties (JBGS) -1.1%, Vornado Realty Trust (VNO) +1.4%.

Which company is more profitable?

Vornado Realty Trust (VNO) has the highest net margin (JBG SMITH Properties (JBGS) -30.3%, Vornado Realty Trust (VNO) 0.3%). On return on invested capital, Vornado Realty Trust (VNO) leads (JBG SMITH Properties (JBGS) -1.3%, Vornado Realty Trust (VNO) 2.3%).

Which stock has performed better?

Over the past year Sl Green Realty (SLG) returned the most: Sl Green Realty (SLG) -7.9%, JBG SMITH Properties (JBGS) -45.9%, Vornado Realty Trust (VNO) -12.6%. Over five years, Vornado Realty Trust (VNO) compounded fastest (Sl Green Realty (SLG) -7.5%/yr, JBG SMITH Properties (JBGS) -16.7%/yr, Vornado Realty Trust (VNO) -4.2%/yr). Returns are price only, before dividends.

Which pays a higher dividend?

Only one of these companies pays a dividend: Sl Green Realty (SLG) 0.00%, JBG SMITH Properties (JBGS) 0.06%, Vornado Realty Trust (VNO) 0.00%. Sl Green Realty (SLG) and Vornado Realty Trust (VNO) pays no regular dividend.

Which stock is riskier?

By one-year price volatility, Vornado Realty Trust (VNO) has been the steadiest (Sl Green Realty (SLG) 38.2%, JBG SMITH Properties (JBGS) 34.7%, Vornado Realty Trust (VNO) 32.7%). Volatility measures how widely the price swings, not the risk of the business.

Which is the better stock, SLG, JBGS and VNO?

There is no single answer; it depends on what you are buying for. On the 12 head-to-head measures on this page, Vornado Realty Trust (VNO) leads on 6. Business Quant does not give investment advice; use the comparison as a starting point for your own research.

Data from SEC filings, exchange prices and consensus estimates, via Business Quant. Percentile scores compare each company with its own peer group, so two companies' scores are each relative to different peers unless you rank against the whole market. Price returns exclude dividends. Nothing on this page is investment advice.