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Side-by-side financial comparison of MediaAlpha, Inc. (MAX) and SL GREEN REALTY CORP (SLG). Click either name above to swap in a different company.

MediaAlpha, Inc. is the larger business by last-quarter revenue ($310.0M vs $276.5M, roughly 1.1× SL GREEN REALTY CORP). MediaAlpha, Inc. runs the higher net margin — 4.5% vs -36.5%, a 41.0% gap on every dollar of revenue. On growth, MediaAlpha, Inc. posted the faster year-over-year revenue change (17.3% vs 12.4%). Over the past eight quarters, MediaAlpha, Inc.'s revenue compounded faster (31.9% CAGR vs 21.3%).

Alpha Group Co., Ltd. is a Chinese multinational conglomerate with animation, toy, mass media asset and entertainment company headquartered created by Cai Dongqing in 1993. In 2016, it changed its name from Alpha Animation. The company has a Chinese webcomics site, U17, and also an American film company, Alpha Pictures, and has announced the creation of an animation division also based in the United States.

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".

MAX vs SLG — Head-to-Head

Bigger by revenue
MAX
MAX
1.1× larger
MAX
$310.0M
$276.5M
SLG
Growing faster (revenue YoY)
MAX
MAX
+4.8% gap
MAX
17.3%
12.4%
SLG
Higher net margin
MAX
MAX
41.0% more per $
MAX
4.5%
-36.5%
SLG
Faster 2-yr revenue CAGR
MAX
MAX
Annualised
MAX
31.9%
21.3%
SLG

Income Statement — Q1 FY2026 vs Q4 FY2025

Metric
MAX
MAX
SLG
SLG
Revenue
$310.0M
$276.5M
Net Profit
$14.0M
$-100.8M
Gross Margin
15.1%
Operating Margin
7.2%
64.2%
Net Margin
4.5%
-36.5%
Revenue YoY
17.3%
12.4%
Net Profit YoY
701.8%
-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
MAX
MAX
SLG
SLG
Q1 26
$310.0M
Q4 25
$291.2M
$276.5M
Q3 25
$306.5M
$244.8M
Q2 25
$251.6M
$241.9M
Q1 25
$264.3M
$239.8M
Q4 24
$300.6M
$245.9M
Q3 24
$259.1M
$229.7M
Q2 24
$178.3M
$222.8M
Net Profit
MAX
MAX
SLG
SLG
Q1 26
$14.0M
Q4 25
$31.4M
$-100.8M
Q3 25
$14.9M
$28.6M
Q2 25
$-18.7M
$-7.4M
Q1 25
$-1.9M
$-17.3M
Q4 24
$4.6M
$19.1M
Q3 24
$9.5M
$-9.5M
Q2 24
$3.6M
$1.6M
Gross Margin
MAX
MAX
SLG
SLG
Q1 26
15.1%
Q4 25
15.4%
Q3 25
14.2%
Q2 25
15.0%
Q1 25
15.8%
Q4 24
16.3%
Q3 24
15.1%
Q2 24
17.8%
Operating Margin
MAX
MAX
SLG
SLG
Q1 26
7.2%
Q4 25
7.7%
64.2%
Q3 25
6.4%
85.5%
Q2 25
-8.0%
53.4%
Q1 25
0.0%
56.7%
Q4 24
6.1%
59.8%
Q3 24
6.0%
65.1%
Q2 24
3.6%
79.2%
Net Margin
MAX
MAX
SLG
SLG
Q1 26
4.5%
Q4 25
10.8%
-36.5%
Q3 25
4.9%
11.7%
Q2 25
-7.4%
-3.0%
Q1 25
-0.7%
-7.2%
Q4 24
1.5%
7.8%
Q3 24
3.7%
-4.2%
Q2 24
2.0%
0.7%
EPS (diluted)
MAX
MAX
SLG
SLG
Q1 26
Q4 25
$0.50
$-1.49
Q3 25
$0.26
$0.34
Q2 25
$-0.33
$-0.16
Q1 25
$-0.04
$-0.30
Q4 24
$0.09
$0.13
Q3 24
$0.17
$-0.21
Q2 24
$0.07
$-0.04

Balance Sheet & Financial Strength

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

Metric
MAX
MAX
SLG
SLG
Cash + ST InvestmentsLiquidity on hand
$26.1M
$155.7M
Total DebtLower is stronger
$163.5M
Stockholders' EquityBook value
$3.7B
Total Assets
$367.7M
$11.1B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
MAX
MAX
SLG
SLG
Q1 26
$26.1M
Q4 25
$46.9M
$155.7M
Q3 25
$38.8M
$187.0M
Q2 25
$85.4M
$182.9M
Q1 25
$63.6M
$180.1M
Q4 24
$43.3M
$184.3M
Q3 24
$32.3M
$188.2M
Q2 24
$28.7M
$199.5M
Total Debt
MAX
MAX
SLG
SLG
Q1 26
$163.5M
Q4 25
$153.4M
Q3 25
$155.7M
Q2 25
$158.0M
Q1 25
$160.2M
Q4 24
$162.4M
Q3 24
$164.7M
Q2 24
$166.9M
Stockholders' Equity
MAX
MAX
SLG
SLG
Q1 26
Q4 25
$4.2M
$3.7B
Q3 25
$-29.8M
$3.8B
Q2 25
$-3.8M
$3.8B
Q1 25
$7.9M
$3.8B
Q4 24
$2.4M
$4.0B
Q3 24
$-8.4M
$3.6B
Q2 24
$-24.4M
$3.7B
Total Assets
MAX
MAX
SLG
SLG
Q1 26
$367.7M
Q4 25
$383.8M
$11.1B
Q3 25
$266.2M
$11.1B
Q2 25
$249.4M
$11.3B
Q1 25
$240.0M
$11.4B
Q4 24
$262.4M
$10.5B
Q3 24
$236.1M
$10.2B
Q2 24
$198.2M
$9.5B
Debt / Equity
MAX
MAX
SLG
SLG
Q1 26
Q4 25
36.88×
Q3 25
Q2 25
Q1 25
20.23×
Q4 24
68.31×
Q3 24
Q2 24

Cash Flow & Capital Efficiency

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

Metric
MAX
MAX
SLG
SLG
Operating Cash FlowLast quarter
$82.9M
Free Cash FlowOCF − Capex
FCF MarginFCF / Revenue
Capex IntensityCapex / Revenue
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
MAX
MAX
SLG
SLG
Q1 26
Q4 25
$-7.4M
$82.9M
Q3 25
$23.6M
$-6.8M
Q2 25
$25.7M
$54.5M
Q1 25
$23.7M
$6.7M
Q4 24
$14.5M
$129.6M
Q3 24
$8.1M
$16.7M
Q2 24
$21.6M
$79.4M
Free Cash Flow
MAX
MAX
SLG
SLG
Q1 26
Q4 25
$-7.5M
Q3 25
$23.6M
Q2 25
$25.5M
Q1 25
$23.6M
Q4 24
$14.5M
Q3 24
$8.0M
Q2 24
$21.5M
FCF Margin
MAX
MAX
SLG
SLG
Q1 26
Q4 25
-2.6%
Q3 25
7.7%
Q2 25
10.2%
Q1 25
8.9%
Q4 24
4.8%
Q3 24
3.1%
Q2 24
12.0%
Capex Intensity
MAX
MAX
SLG
SLG
Q1 26
Q4 25
0.0%
Q3 25
0.0%
Q2 25
0.1%
Q1 25
0.0%
Q4 24
0.0%
Q3 24
0.0%
Q2 24
0.1%
Cash Conversion
MAX
MAX
SLG
SLG
Q1 26
Q4 25
-0.24×
Q3 25
1.58×
-0.24×
Q2 25
Q1 25
Q4 24
3.13×
6.77×
Q3 24
0.85×
Q2 24
5.97×
50.33×

Financial Flow Comparison

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

Revenue Breakdown by Segment

MAX
MAX

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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