Alexandria Real Estate Equities, Inc. (ARE)
NYSE: ARE · Real-Time Price · USD
44.51
-0.57 (-1.26%)
Nov 12, 2026, 11:07 AM EST - Market open

ARE Financials Overview

Millions USD. Fiscal year is Jan - Dec.

Revenue & Profits

Fiscal Year
TTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingSep '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Revenue
2,7593,0173,1232,8872,5902,126
Revenue Growth
-9.78%-3.41%8.20%11.47%21.78%12.28%
Net Income
-1,433-1,438309.5692.44513.27563.4
Earnings Per Share
-8.40-8.441.800.543.183.82
EPS Growth
--233.15%-82.99%-16.89%-36.44%

Revenue by Segment

Fiscal Year
TTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingSep '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Same Properties Rental
1,7251,6881,7321,6401,4451,289
Non-Same Properties Rental
256.27497.16572.32503.74505.32329.35
Total Income from Tenant Recoveries
697.66760.29745.37698.49625.94489.66
Other
80.6981.3866.6943.2412.925.9
Revenue (Total)
2,7593,0273,1162,8862,5892,114

Cash & Debt

Fiscal Year
CurrentFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingSep '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Cash & Investments
508.86549.06552.15618.19825.19361.35
Total Debt
13,25112,76112,75211,69910,5669,227
Net Cash (Debt)
-12,742-12,212-12,199-11,080-9,741-8,865
Net Cash Growth
------
Net Cash Per Share
-74.68-71.71-70.90-64.83-60.26-60.12

Cash Flow & CapEx

Fiscal Year
TTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingSep '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Operating Cash Flow
1,1881,4141,5051,6311,2941,010
Free Cash Flow
1,1881,4141,5051,6311,2941,010
Free Cash Flow Growth
-13.67%-6.01%-7.73%25.98%28.13%14.47%

Margins

Fiscal Year
TTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingSep '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Operating Margin
17.78%20.78%27.00%25.45%24.21%24.94%
Pretax Margin
-44.75%-40.33%16.35%9.73%25.90%30.77%
Profit Margin
-51.94%-47.66%9.91%3.20%19.82%26.50%

Dividends

Fiscal Year
CurrentFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingNov '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Dividend Per Share
2.8804.6805.1904.9604.7204.480
Dividend Per Share Growth
-45.45%-9.83%4.64%5.08%5.36%5.66%
Dividend Yield
6.46%9.44%5.24%3.87%3.37%2.05%

Valuation

Fiscal Year
CurrentFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingNov '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
PE Ratio
--55.07238.3046.5761.33
PS Ratio
2.832.805.467.639.2316.25