Alexandria Real Estate Equities, Inc. (ARE)
NYSE: ARE · Real-Time Price · USD
53.03
+1.58 (3.07%)
At close: Aug 3, 2026, 4:00 PM EDT
53.09
+0.06 (0.11%)
After-hours: Aug 3, 2026, 7:38 PM EDT

ARE Financials Overview

Millions USD. Fiscal year is Jan - Dec.

Revenue & Profits

Fiscal YearTTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingJun '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Revenue
2,8403,0273,1162,8862,5892,114
Revenue Growth
-8.40%-2.88%7.99%11.46%22.46%12.12%
Gross Profit
1,9372,1042,2072,0271,8061,491
Operating Income
-1,733-1,566613.32272.58561.42465.4
Net Income
-1,032-1,438309.5692.44513.27563.4
Earnings Per Share
-6.06-8.441.800.543.183.82
EPS Growth
--233.33%-83.02%-16.75%-36.65%

Revenue by Segment

Fiscal YearTTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingJun '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Same Properties Rental
1,7231,6881,7321,6401,4451,289
Non-Same Properties Rental
317.93497.16572.32503.74505.32329.35
Revenue (Total)
2,8403,0273,1162,8862,5892,114

Cash & Debt

Fiscal YearCurrentFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingJun '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Cash & Investments
470.45549.06552.15618.19825.19361.35
Total Debt
12,81312,40112,24411,31610,1608,792
Net Cash (Debt)
-12,342-11,851-11,692-10,697-9,335-8,431
Net Cash Growth
------
Net Cash Per Share
-72.37-69.59-67.95-62.59-57.74-57.17

Cash Flow & CapEx

Fiscal YearTTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingJun '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Operating Cash Flow
1,2791,4141,5051,6311,2941,010
Capital Expenditures
-1,739-1,871-2,423-3,418-3,307-2,090
Free Cash Flow
-459.79-456.88-918.1-1,788-2,013-1,080
Free Cash Flow Growth
------

Margins

Fiscal YearTTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingJun '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Gross Margin
68.20%69.52%70.82%70.23%69.75%70.51%
Operating Margin
-61.02%-51.75%19.68%9.45%21.68%22.01%
Pretax Margin
-42.26%-40.20%16.39%9.74%25.91%30.95%
Profit Margin
-29.36%-40.20%16.39%9.74%25.91%30.95%
FCF Margin
-16.19%-15.10%-29.46%-61.95%-77.75%-51.07%

Dividends

Fiscal YearCurrentFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingAug '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Dividend Per Share
4.6804.6805.1904.9604.7204.480
Dividend Per Share Growth
-33.84%-9.83%4.64%5.08%5.36%5.66%
Dividend Yield
8.82%10.94%5.35%3.91%3.22%2.00%

Valuation

Fiscal YearCurrentFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingAug '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
PE Ratio
--54.19234.7645.8158.37
PS Ratio
3.262.765.397.559.6116.67