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Side-by-side financial comparison of Liberty Broadband Corp (LBRDA) and SL GREEN REALTY CORP (SLG). Click either name above to swap in a different company.

SL GREEN REALTY CORP is the larger business by last-quarter revenue ($276.5M vs $261.0M, roughly 1.1× Liberty Broadband Corp). Liberty Broadband Corp runs the higher net margin — 146.7% vs -36.5%, a 183.2% gap on every dollar of revenue. On growth, SL GREEN REALTY CORP posted the faster year-over-year revenue change (12.4% vs 6.1%). Over the past eight quarters, SL GREEN REALTY CORP's revenue compounded faster (21.3% CAGR vs 4.3%).

Liberty Global Ltd. is a British-Dutch-American multinational telecommunications company domiciled in Bermuda, with headquarters in London, Amsterdam and Denver. Its respective legal names are Liberty Global Holdings Limited (UK), Liberty Global B.V. (Netherlands) and Liberty Global, Inc., with the first of these being publicly traded. It was formed in 2005 by the merger of the international arm of Liberty Media and UnitedGlobalCom (UGC).

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".

LBRDA vs SLG — Head-to-Head

Bigger by revenue
SLG
SLG
1.1× larger
SLG
$276.5M
$261.0M
LBRDA
Growing faster (revenue YoY)
SLG
SLG
+6.3% gap
SLG
12.4%
6.1%
LBRDA
Higher net margin
LBRDA
LBRDA
183.2% more per $
LBRDA
146.7%
-36.5%
SLG
Faster 2-yr revenue CAGR
SLG
SLG
Annualised
SLG
21.3%
4.3%
LBRDA

Income Statement — Q2 FY2025 vs Q4 FY2025

Metric
LBRDA
LBRDA
SLG
SLG
Revenue
$261.0M
$276.5M
Net Profit
$383.0M
$-100.8M
Gross Margin
Operating Margin
15.7%
64.2%
Net Margin
146.7%
-36.5%
Revenue YoY
6.1%
12.4%
Net Profit YoY
96.4%
-870.0%
EPS (diluted)
$2.68
$-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
LBRDA
LBRDA
SLG
SLG
Q4 25
$276.5M
Q3 25
$244.8M
Q2 25
$261.0M
$241.9M
Q1 25
$266.0M
$239.8M
Q4 24
$263.0M
$245.9M
Q3 24
$262.0M
$229.7M
Q2 24
$246.0M
$222.8M
Q1 24
$245.0M
$187.9M
Net Profit
LBRDA
LBRDA
SLG
SLG
Q4 25
$-100.8M
Q3 25
$28.6M
Q2 25
$383.0M
$-7.4M
Q1 25
$268.0M
$-17.3M
Q4 24
$291.0M
$19.1M
Q3 24
$142.0M
$-9.5M
Q2 24
$195.0M
$1.6M
Q1 24
$241.0M
$16.9M
Operating Margin
LBRDA
LBRDA
SLG
SLG
Q4 25
64.2%
Q3 25
85.5%
Q2 25
15.7%
53.4%
Q1 25
16.2%
56.7%
Q4 24
4.9%
59.8%
Q3 24
11.5%
65.1%
Q2 24
8.5%
79.2%
Q1 24
11.4%
Net Margin
LBRDA
LBRDA
SLG
SLG
Q4 25
-36.5%
Q3 25
11.7%
Q2 25
146.7%
-3.0%
Q1 25
100.8%
-7.2%
Q4 24
110.6%
7.8%
Q3 24
54.2%
-4.2%
Q2 24
79.3%
0.7%
Q1 24
98.4%
9.0%
EPS (diluted)
LBRDA
LBRDA
SLG
SLG
Q4 25
$-1.49
Q3 25
$0.34
Q2 25
$2.68
$-0.16
Q1 25
$1.87
$-0.30
Q4 24
$2.04
$0.13
Q3 24
$0.99
$-0.21
Q2 24
$1.36
$-0.04
Q1 24
$1.69
$0.20

Balance Sheet & Financial Strength

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

Metric
LBRDA
LBRDA
SLG
SLG
Cash + ST InvestmentsLiquidity on hand
$180.0M
$155.7M
Total DebtLower is stronger
$3.1B
Stockholders' EquityBook value
$10.4B
$3.7B
Total Assets
$16.6B
$11.1B
Debt / EquityLower = less leverage
0.30×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
LBRDA
LBRDA
SLG
SLG
Q4 25
$155.7M
Q3 25
$187.0M
Q2 25
$180.0M
$182.9M
Q1 25
$226.0M
$180.1M
Q4 24
$163.0M
$184.3M
Q3 24
$168.0M
$188.2M
Q2 24
$73.0M
$199.5M
Q1 24
$108.0M
$196.0M
Total Debt
LBRDA
LBRDA
SLG
SLG
Q4 25
Q3 25
Q2 25
$3.1B
Q1 25
$3.8B
Q4 24
$3.8B
Q3 24
$3.7B
Q2 24
$3.6B
Q1 24
$3.6B
Stockholders' Equity
LBRDA
LBRDA
SLG
SLG
Q4 25
$3.7B
Q3 25
$3.8B
Q2 25
$10.4B
$3.8B
Q1 25
$10.1B
$3.8B
Q4 24
$9.8B
$4.0B
Q3 24
$9.5B
$3.6B
Q2 24
$9.3B
$3.7B
Q1 24
$9.1B
$3.7B
Total Assets
LBRDA
LBRDA
SLG
SLG
Q4 25
$11.1B
Q3 25
$11.1B
Q2 25
$16.6B
$11.3B
Q1 25
$17.0B
$11.4B
Q4 24
$16.7B
$10.5B
Q3 24
$16.3B
$10.2B
Q2 24
$16.0B
$9.5B
Q1 24
$15.7B
$9.8B
Debt / Equity
LBRDA
LBRDA
SLG
SLG
Q4 25
Q3 25
Q2 25
0.30×
Q1 25
0.38×
Q4 24
0.38×
Q3 24
0.39×
Q2 24
0.39×
Q1 24
0.40×

Cash Flow & Capital Efficiency

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

Metric
LBRDA
LBRDA
SLG
SLG
Operating Cash FlowLast quarter
$91.0M
$82.9M
Free Cash FlowOCF − Capex
$37.0M
FCF MarginFCF / Revenue
14.2%
Capex IntensityCapex / Revenue
20.7%
Cash ConversionOCF / Net Profit
0.24×
TTM Free Cash FlowTrailing 4 quarters
$-49.0M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
LBRDA
LBRDA
SLG
SLG
Q4 25
$82.9M
Q3 25
$-6.8M
Q2 25
$91.0M
$54.5M
Q1 25
$78.0M
$6.7M
Q4 24
$1.0M
$129.6M
Q3 24
$24.0M
$16.7M
Q2 24
$27.0M
$79.4M
Q1 24
$52.0M
$-24.7M
Free Cash Flow
LBRDA
LBRDA
SLG
SLG
Q4 25
Q3 25
Q2 25
$37.0M
Q1 25
$13.0M
Q4 24
$-63.0M
Q3 24
$-36.0M
Q2 24
$-35.0M
Q1 24
$-9.0M
FCF Margin
LBRDA
LBRDA
SLG
SLG
Q4 25
Q3 25
Q2 25
14.2%
Q1 25
4.9%
Q4 24
-24.0%
Q3 24
-13.7%
Q2 24
-14.2%
Q1 24
-3.7%
Capex Intensity
LBRDA
LBRDA
SLG
SLG
Q4 25
Q3 25
Q2 25
20.7%
Q1 25
24.4%
Q4 24
24.3%
Q3 24
22.9%
Q2 24
25.2%
Q1 24
24.9%
Cash Conversion
LBRDA
LBRDA
SLG
SLG
Q4 25
Q3 25
-0.24×
Q2 25
0.24×
Q1 25
0.29×
Q4 24
0.00×
6.77×
Q3 24
0.17×
Q2 24
0.14×
50.33×
Q1 24
0.22×
-1.46×

Financial Flow Comparison

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

Revenue Breakdown by Segment

LBRDA
LBRDA

Segment breakdown not available.

SLG
SLG

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

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