Alexandria Real Estate Equities, Inc. (ARE)
NYSE: ARE · Real-Time Price · USD
104.31
-0.18 (-0.17%)
Nov 20, 2024, 4:00 PM EST - Market closed
ARE Income Statement
Financials in millions USD. Fiscal year is January - December.
Millions USD. Fiscal year is Jan - Dec.
Fiscal Year | TTM | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | 2018 - 2014 |
|---|---|---|---|---|---|---|---|
Period Ending | Sep '24 Sep 30, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 | Dec '20 Dec 31, 2020 | Dec '19 Dec 31, 2019 | 2018 - 2014 |
| Rental Revenue | 3,029 | 2,842 | 2,576 | 2,108 | 1,878 | 1,517 | Upgrade
|
| Other Revenue | 56.36 | 44.22 | 13.57 | 18.16 | 15.58 | 24.57 | Upgrade
|
| Total Revenue | 3,085 | 2,887 | 2,590 | 2,126 | 1,894 | 1,541 | Upgrade
|
| Revenue Growth (YoY | 10.21% | 11.47% | 21.78% | 12.28% | 22.86% | 15.46% | Upgrade
|
| Property Expenses | 891.56 | 859.18 | 783.15 | 623.56 | 530.22 | 445.49 | Upgrade
|
| Selling, General & Administrative | 194.92 | 199.35 | 177.28 | 151.46 | 133.34 | 108.82 | Upgrade
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| Depreciation & Amortization | 1,158 | 1,093 | 1,002 | 821.06 | 698.1 | 544.61 | Upgrade
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| Total Operating Expenses | 2,244 | 2,152 | 1,963 | 1,596 | 1,362 | 1,099 | Upgrade
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| Operating Income | 841.46 | 734.67 | 627.03 | 530.33 | 532.12 | 442.51 | Upgrade
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| Interest Expense | -162.15 | -74.2 | -94.2 | -142.17 | -171.61 | -173.68 | Upgrade
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| Interest & Investment Income | 14.87 | - | - | 259.48 | 421.32 | 194.65 | Upgrade
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| EBT Excluding Unusual Items | 694.18 | 660.47 | 532.83 | 647.64 | 781.83 | 463.48 | Upgrade
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| Gain (Loss) on Sale of Investments | 8.65 | -195.4 | -331.76 | - | - | - | Upgrade
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| Gain (Loss) on Sale of Assets | 89.73 | 277.04 | 537.92 | 126.57 | 154.09 | 0.47 | Upgrade
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| Asset Writedown | -308.39 | -461.11 | -64.97 | -52.68 | -48.08 | -12.33 | Upgrade
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| Other Unusual Items | - | - | -3.32 | -67.25 | -60.67 | -47.57 | Upgrade
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| Pretax Income | 484.17 | 280.99 | 670.7 | 654.28 | 827.17 | 404.05 | Upgrade
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| Earnings From Continuing Operations | 484.17 | 280.99 | 670.7 | 654.28 | 827.17 | 404.05 | Upgrade
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| Net Income to Company | 484.17 | 280.99 | 670.7 | 654.28 | 827.17 | 404.05 | Upgrade
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| Minority Interest in Earnings | -187.41 | -177.36 | -149.04 | -83.04 | -56.21 | -40.88 | Upgrade
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| Net Income | 296.77 | 103.64 | 521.66 | 571.25 | 770.96 | 363.17 | Upgrade
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| Preferred Dividends & Other Adjustments | 14.22 | 11.2 | 8.39 | 7.85 | 10.17 | 12.17 | Upgrade
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| Net Income to Common | 282.55 | 92.44 | 513.27 | 563.4 | 760.79 | 351 | Upgrade
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| Net Income Growth | 20.45% | -80.13% | -8.68% | -25.90% | 112.29% | -4.26% | Upgrade
|
| Basic Shares Outstanding | 172 | 171 | 162 | 147 | 126 | 112 | Upgrade
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| Diluted Shares Outstanding | 172 | 171 | 162 | 147 | 126 | 113 | Upgrade
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| Shares Change (YoY) | 1.35% | 5.72% | 9.63% | 16.58% | 12.41% | 8.91% | Upgrade
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| EPS (Basic) | 1.64 | 0.54 | 3.18 | 3.83 | 6.03 | 3.13 | Upgrade
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| EPS (Diluted) | 1.64 | 0.54 | 3.18 | 3.82 | 6.01 | 3.12 | Upgrade
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| EPS Growth | 18.05% | -82.99% | -16.88% | -36.44% | 92.63% | -11.36% | Upgrade
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| Dividend Per Share | 5.140 | 4.960 | 4.720 | 4.480 | 4.240 | 4.000 | Upgrade
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| Dividend Growth | 4.90% | 5.08% | 5.36% | 5.66% | 6.00% | 7.24% | Upgrade
|
| Operating Margin | 27.27% | 25.45% | 24.21% | 24.94% | 28.10% | 28.71% | Upgrade
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| Profit Margin | 9.16% | 3.20% | 19.82% | 26.50% | 40.17% | 22.77% | Upgrade
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| Free Cash Flow Margin | 53.77% | 56.49% | 49.98% | 47.51% | 46.60% | 44.37% | Upgrade
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| EBITDA | 1,905 | 1,735 | 1,555 | 1,297 | 1,173 | 957.3 | Upgrade
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| EBITDA Margin | 61.75% | 60.10% | 60.04% | 60.98% | 61.94% | 62.10% | Upgrade
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| D&A For Ebitda | 1,064 | 1,000 | 927.8 | 766.28 | 640.86 | 514.8 | Upgrade
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| EBIT | 841.46 | 734.67 | 627.03 | 530.33 | 532.12 | 442.51 | Upgrade
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| EBIT Margin | 27.27% | 25.45% | 24.21% | 24.94% | 28.10% | 28.71% | Upgrade
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| Funds From Operations (FFO) | 1,480 | 1,229 | 879.57 | 1,203 | 1,274 | 877.42 | Upgrade
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| FFO Per Share | 8.62 | 7.19 | 5.44 | 8.16 | 10.07 | 7.77 | Upgrade
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| Adjusted Funds From Operations (AFFO) | - | 1,532 | 1,362 | 1,145 | 923.8 | 783.01 | Upgrade
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| AFFO Per Share | 9.36 | 8.97 | 8.42 | 7.76 | 7.30 | 6.96 | Upgrade
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| FFO Payout Ratio | 59.83% | 68.93% | 86.15% | 54.51% | 41.82% | 50.95% | Upgrade
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| Revenue as Reported | 3,085 | 2,886 | 2,589 | 2,114 | 1,886 | 1,531 | Upgrade
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Source: S&P Capital IQ. Real Estate template. Financial Sources.