vs

Side-by-side financial comparison of ALLIANCE RESOURCE PARTNERS LP (ARLP) and SL GREEN REALTY CORP (SLG). Click either name above to swap in a different company.

ALLIANCE RESOURCE PARTNERS LP is the larger business by last-quarter revenue ($516.0M vs $276.5M, roughly 1.9× SL GREEN REALTY CORP). ALLIANCE RESOURCE PARTNERS LP runs the higher net margin — 2.1% vs -36.5%, a 38.6% gap on every dollar of revenue. On growth, SL GREEN REALTY CORP posted the faster year-over-year revenue change (12.4% vs -3.6%). Over the past eight quarters, SL GREEN REALTY CORP's revenue compounded faster (21.3% CAGR vs -6.7%).

Alliance Resource Partners LP is a leading North American natural resource enterprise primarily engaged in the production and marketing of coal for utility and industrial customers. It also operates complementary business segments including mineral royalty management, oil and gas extraction, and logistics support services.

SL Green Realty Corp. is a real estate investment trust that primarily invests in office buildings and shopping centers in New York City. As of December 31, 2024, the company owned interests in 39 properties comprising 25,297,353 square feet, primarily in Manhattan. It has been referred to as "New York City’s largest office landlord".

ARLP vs SLG — Head-to-Head

Bigger by revenue
ARLP
ARLP
1.9× larger
ARLP
$516.0M
$276.5M
SLG
Growing faster (revenue YoY)
SLG
SLG
+16.1% gap
SLG
12.4%
-3.6%
ARLP
Higher net margin
ARLP
ARLP
38.6% more per $
ARLP
2.1%
-36.5%
SLG
Faster 2-yr revenue CAGR
SLG
SLG
Annualised
SLG
21.3%
-6.7%
ARLP

Income Statement — Q1 FY2026 vs Q4 FY2025

Metric
ARLP
ARLP
SLG
SLG
Revenue
$516.0M
$276.5M
Net Profit
$10.7M
$-100.8M
Gross Margin
Operating Margin
4.2%
64.2%
Net Margin
2.1%
-36.5%
Revenue YoY
-3.6%
12.4%
Net Profit YoY
-870.0%
EPS (diluted)
$-1.49

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
ARLP
ARLP
SLG
SLG
Q1 26
$516.0M
Q4 25
$535.5M
$276.5M
Q3 25
$571.4M
$244.8M
Q2 25
$547.5M
$241.9M
Q1 25
$540.5M
$239.8M
Q4 24
$590.1M
$245.9M
Q3 24
$613.6M
$229.7M
Q2 24
$593.4M
$222.8M
Net Profit
ARLP
ARLP
SLG
SLG
Q1 26
$10.7M
Q4 25
$82.7M
$-100.8M
Q3 25
$95.1M
$28.6M
Q2 25
$59.4M
$-7.4M
Q1 25
$74.0M
$-17.3M
Q4 24
$16.3M
$19.1M
Q3 24
$86.3M
$-9.5M
Q2 24
$100.2M
$1.6M
Operating Margin
ARLP
ARLP
SLG
SLG
Q1 26
4.2%
Q4 25
18.2%
64.2%
Q3 25
18.4%
85.5%
Q2 25
16.2%
53.4%
Q1 25
17.4%
56.7%
Q4 24
2.6%
59.8%
Q3 24
16.5%
65.1%
Q2 24
19.8%
79.2%
Net Margin
ARLP
ARLP
SLG
SLG
Q1 26
2.1%
Q4 25
15.4%
-36.5%
Q3 25
16.6%
11.7%
Q2 25
10.9%
-3.0%
Q1 25
13.7%
-7.2%
Q4 24
2.8%
7.8%
Q3 24
14.1%
-4.2%
Q2 24
16.9%
0.7%
EPS (diluted)
ARLP
ARLP
SLG
SLG
Q1 26
Q4 25
$-1.49
Q3 25
$0.34
Q2 25
$-0.16
Q1 25
$-0.30
Q4 24
$0.13
Q3 24
$-0.21
Q2 24
$-0.04

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
ARLP
ARLP
SLG
SLG
Cash + ST InvestmentsLiquidity on hand
$28.9M
$155.7M
Total DebtLower is stronger
Stockholders' EquityBook value
$3.7B
Total Assets
$2.9B
$11.1B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
ARLP
ARLP
SLG
SLG
Q1 26
$28.9M
Q4 25
$71.2M
$155.7M
Q3 25
$94.5M
$187.0M
Q2 25
$55.0M
$182.9M
Q1 25
$81.3M
$180.1M
Q4 24
$137.0M
$184.3M
Q3 24
$195.4M
$188.2M
Q2 24
$203.7M
$199.5M
Stockholders' Equity
ARLP
ARLP
SLG
SLG
Q1 26
Q4 25
$3.7B
Q3 25
$3.8B
Q2 25
$3.8B
Q1 25
$3.8B
Q4 24
$4.0B
Q3 24
$3.6B
Q2 24
$3.7B
Total Assets
ARLP
ARLP
SLG
SLG
Q1 26
$2.9B
Q4 25
$2.9B
$11.1B
Q3 25
$2.9B
$11.1B
Q2 25
$2.9B
$11.3B
Q1 25
$2.9B
$11.4B
Q4 24
$2.9B
$10.5B
Q3 24
$3.0B
$10.2B
Q2 24
$3.1B
$9.5B

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
ARLP
ARLP
SLG
SLG
Operating Cash FlowLast quarter
$82.9M
Free Cash FlowOCF − Capex
$13.3M
FCF MarginFCF / Revenue
2.6%
Capex IntensityCapex / Revenue
18.5%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters
$342.2M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
ARLP
ARLP
SLG
SLG
Q1 26
Q4 25
$143.9M
$82.9M
Q3 25
$209.9M
$-6.8M
Q2 25
$151.7M
$54.5M
Q1 25
$145.7M
$6.7M
Q4 24
$168.4M
$129.6M
Q3 24
$209.3M
$16.7M
Q2 24
$215.8M
$79.4M
Free Cash Flow
ARLP
ARLP
SLG
SLG
Q1 26
$13.3M
Q4 25
$99.1M
Q3 25
$145.2M
Q2 25
$84.7M
Q1 25
$58.9M
Q4 24
$75.3M
Q3 24
$99.0M
Q2 24
$114.3M
FCF Margin
ARLP
ARLP
SLG
SLG
Q1 26
2.6%
Q4 25
18.5%
Q3 25
25.4%
Q2 25
15.5%
Q1 25
10.9%
Q4 24
12.8%
Q3 24
16.1%
Q2 24
19.3%
Capex Intensity
ARLP
ARLP
SLG
SLG
Q1 26
18.5%
Q4 25
8.4%
Q3 25
11.3%
Q2 25
12.2%
Q1 25
16.1%
Q4 24
15.8%
Q3 24
18.0%
Q2 24
17.1%
Cash Conversion
ARLP
ARLP
SLG
SLG
Q1 26
Q4 25
1.74×
Q3 25
2.21×
-0.24×
Q2 25
2.55×
Q1 25
1.97×
Q4 24
10.31×
6.77×
Q3 24
2.43×
Q2 24
2.15×
50.33×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

ARLP
ARLP

Coal sales$443.3M86%
Oil & gas royalties$41.3M8%
Other revenues$22.8M4%
Transportation revenues$8.6M2%
Tons Produced$8.0M2%
Mineral Interest Volumes (BOE)$1.0M0%

SLG
SLG

Real Estate Segment$223.1M81%
Other$35.9M13%
Debt And Preferred Equity Segment$17.4M6%

Related Comparisons