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Side-by-side financial comparison of Navios Maritime Partners L.P. (NMM) and SL GREEN REALTY CORP (SLG). Click either name above to swap in a different company.

Navios Maritime Partners L.P. is the larger business by last-quarter revenue ($327.6M vs $276.5M, roughly 1.2× SL GREEN REALTY CORP). Navios Maritime Partners L.P. runs the higher net margin — 21.4% vs -36.5%, a 57.8% gap on every dollar of revenue. On growth, SL GREEN REALTY CORP posted the faster year-over-year revenue change (12.4% vs -4.3%).

Navios Maritime Holdings Inc. is a multinational, vertically integrated seaborne shipping and logistics company focused on the transport and transshipment of drybulk commodities including iron ore, coal and grain.

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".

NMM vs SLG — Head-to-Head

Bigger by revenue
NMM
NMM
1.2× larger
NMM
$327.6M
$276.5M
SLG
Growing faster (revenue YoY)
SLG
SLG
+16.7% gap
SLG
12.4%
-4.3%
NMM
Higher net margin
NMM
NMM
57.8% more per $
NMM
21.4%
-36.5%
SLG

Income Statement — Q2 FY2025 vs Q4 FY2025

Metric
NMM
NMM
SLG
SLG
Revenue
$327.6M
$276.5M
Net Profit
$69.9M
$-100.8M
Gross Margin
90.5%
Operating Margin
64.2%
Net Margin
21.4%
-36.5%
Revenue YoY
-4.3%
12.4%
Net Profit YoY
-31.1%
-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
NMM
NMM
SLG
SLG
Q4 25
$276.5M
Q3 25
$244.8M
Q2 25
$327.6M
$241.9M
Q1 25
$239.8M
Q4 24
$245.9M
Q3 24
$229.7M
Q2 24
$342.2M
$222.8M
Q1 24
$187.9M
Net Profit
NMM
NMM
SLG
SLG
Q4 25
$-100.8M
Q3 25
$28.6M
Q2 25
$69.9M
$-7.4M
Q1 25
$-17.3M
Q4 24
$19.1M
Q3 24
$-9.5M
Q2 24
$101.5M
$1.6M
Q1 24
$16.9M
Gross Margin
NMM
NMM
SLG
SLG
Q4 25
Q3 25
Q2 25
90.5%
Q1 25
Q4 24
Q3 24
Q2 24
88.3%
Q1 24
Operating Margin
NMM
NMM
SLG
SLG
Q4 25
64.2%
Q3 25
85.5%
Q2 25
53.4%
Q1 25
56.7%
Q4 24
59.8%
Q3 24
65.1%
Q2 24
79.2%
Q1 24
Net Margin
NMM
NMM
SLG
SLG
Q4 25
-36.5%
Q3 25
11.7%
Q2 25
21.4%
-3.0%
Q1 25
-7.2%
Q4 24
7.8%
Q3 24
-4.2%
Q2 24
29.7%
0.7%
Q1 24
9.0%
EPS (diluted)
NMM
NMM
SLG
SLG
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
Q1 24
$0.20

Balance Sheet & Financial Strength

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

Metric
NMM
NMM
SLG
SLG
Cash + ST InvestmentsLiquidity on hand
$377.0M
$155.7M
Total DebtLower is stronger
$2.0B
Stockholders' EquityBook value
$3.7B
Total Assets
$5.9B
$11.1B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
NMM
NMM
SLG
SLG
Q4 25
$155.7M
Q3 25
$187.0M
Q2 25
$377.0M
$182.9M
Q1 25
$180.1M
Q4 24
$184.3M
Q3 24
$188.2M
Q2 24
$272.0M
$199.5M
Q1 24
$196.0M
Total Debt
NMM
NMM
SLG
SLG
Q4 25
Q3 25
Q2 25
$2.0B
Q1 25
Q4 24
Q3 24
Q2 24
$1.4B
Q1 24
Stockholders' Equity
NMM
NMM
SLG
SLG
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
Q1 24
$3.7B
Total Assets
NMM
NMM
SLG
SLG
Q4 25
$11.1B
Q3 25
$11.1B
Q2 25
$5.9B
$11.3B
Q1 25
$11.4B
Q4 24
$10.5B
Q3 24
$10.2B
Q2 24
$5.3B
$9.5B
Q1 24
$9.8B

Cash Flow & Capital Efficiency

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

Metric
NMM
NMM
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
NMM
NMM
SLG
SLG
Q4 25
$82.9M
Q3 25
$-6.8M
Q2 25
$54.5M
Q1 25
$6.7M
Q4 24
$129.6M
Q3 24
$16.7M
Q2 24
$79.4M
Q1 24
$-24.7M
Cash Conversion
NMM
NMM
SLG
SLG
Q4 25
Q3 25
-0.24×
Q2 25
Q1 25
Q4 24
6.77×
Q3 24
Q2 24
50.33×
Q1 24
-1.46×

Financial Flow Comparison

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

Revenue Breakdown by Segment

NMM
NMM

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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