Alexandria Real Estate Equities, Inc. (ARE)
NYSE: ARE · Real-Time Price · USD
53.87
-0.74 (-1.36%)
Jan 29, 2026, 12:27 PM EST - Market open

ARE Income Statement

Millions USD. Fiscal year is Jan - Dec.
Fiscal Year
FY 2025FY 2024FY 2023FY 2022FY 20212016 - 2020
Period Ending
Dec '25 Dec '24 Dec '23 Dec '22 Dec '21 2016 - 2020
Rental Revenue
2,9453,0502,8422,5762,108
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Other Revenue
71.7573.7544.2213.5718.16
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3,0173,1232,8872,5902,126
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Revenue Growth (YoY
-3.41%8.20%11.47%21.78%12.28%
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Property Expenses
922.61909.27859.18783.15623.56
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Selling, General & Administrative
117.05168.36199.35177.28151.46
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Depreciation & Amortization
1,3501,2021,0931,002821.06
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Total Operating Expenses
2,3902,2802,1521,9631,596
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Operating Income
626.8843.45734.67627.03530.33
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Interest Expense
-226.7-185.84-74.2-94.2-142.17
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Interest & Investment Income
----259.48
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EBT Excluding Unusual Items
400.1657.61660.47532.83647.64
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Gain (Loss) on Sale of Investments
-56.34-53.12-195.4-331.76-
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Gain (Loss) on Sale of Assets
642.45129.31277.04537.92126.57
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Asset Writedown
-2,203-223.07-461.11-64.97-52.68
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Other Unusual Items
-0.11---3.32-67.25
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Pretax Income
-1,217510.73280.99670.7654.28
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Earnings From Continuing Operations
-1,217510.73280.99670.7654.28
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Net Income to Company
-1,217510.73280.99670.7654.28
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Minority Interest in Earnings
-212.84-187.78-177.36-149.04-83.04
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Net Income
-1,430322.95103.64521.66571.25
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Preferred Dividends & Other Adjustments
8.4213.3911.28.397.85
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Net Income to Common
-1,438309.5692.44513.27563.4
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Net Income Growth
-211.61%-80.13%-8.68%-25.90%
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Basic Shares Outstanding
170172171162147
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Diluted Shares Outstanding
170172171162147
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Shares Change (YoY)
-1.03%0.68%5.72%9.63%16.58%
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EPS (Basic)
-8.441.800.543.183.83
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EPS (Diluted)
-8.441.800.543.183.82
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EPS Growth
-233.15%-82.99%-16.89%-36.44%
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Dividend Per Share
4.6805.1904.9604.7204.480
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Dividend Growth
-9.83%4.64%5.08%5.36%5.66%
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Operating Margin
20.78%27.00%25.45%24.21%24.94%
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Profit Margin
-47.66%9.91%3.20%19.82%26.50%
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EBITDA
1,9401,9601,7351,5551,297
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EBITDA Margin
64.29%62.76%60.10%60.04%60.98%
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D&A For Ebitda
1,3131,1171,000927.8766.28
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EBIT
626.8843.45734.67627.03530.33
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EBIT Margin
20.78%27.00%25.45%24.21%24.94%
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Funds From Operations (FFO)
1,3111,4321,229879.571,203
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FFO Per Share
7.698.327.195.448.16
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Adjusted Funds From Operations (AFFO)
1,5351,6291,5321,3621,145
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AFFO Per Share
9.019.478.978.427.76
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FFO Payout Ratio
69.54%62.76%68.93%86.15%54.51%
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Revenue as Reported
3,0273,1162,8862,5892,114
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Updated Jan 26, 2026. Source: S&P Global Market Intelligence. Real Estate template. Financial Sources.
SEC Filings: 10-K · 10-Q