Alexandria Real Estate Equities, Inc. (ARE)

NYSE: ARE · Real-Time Price · USD

46.50

+0.50 (1.09%)

At close: May 12, 2026, 4:00 PM EDT

46.70

+0.20 (0.43%)

After-hours: May 12, 2026, 7:49 PM EDT

ARE Income Statement

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 31, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Property Revenue	2,855	2,945	3,050	2,842	2,576	2,108
Service and Other Revenue	84.41	81.38	66.69	43.24	12.92	5.9
Revenue	2,939	3,027	3,116	2,886	2,589	2,114
Revenue Growth (YoY)	-5.35%	-2.88%	7.99%	11.46%	22.46%	12.12%
Property Expenses	920.35	922.61	909.27	859.18	783.15	623.56
Total Property Expenses	920.35	922.61	909.27	859.18	783.15	623.56
Gross Profit	2,019	2,104	2,207	2,027	1,806	1,491
Selling, General & Admin	121.06	117.05	168.36	199.35	177.28	151.46
Depreciation & Amortization Expenses	1,314	1,350	1,202	1,093	1,002	821.06
Other Operating Expenses	2,176	2,203	223.07	461.11	64.97	52.68
Operating Income	-1,592	-1,566	613.32	272.58	561.42	465.4
Net Gains on Disposal of Properties	629.28	642.45	129.31	277.04	537.92	126.57
Interest Income	-20.2	-65.97	-46.06	-194.42	-331.11	271.73
Interest Expense	-240.41	-226.7	-185.84	-74.2	-94.2	-142.17
Other Non-Operating Income (Expense)	366.33	-0.11	-	-	-3.32	-67.25
Total Non-Operating Income (Expense)	735	349.67	-102.59	8.42	109.29	188.88
Pretax Income	-857.01	-1,217	510.73	280.99	670.7	654.28
Net Income	-1,068	-1,438	309.56	92.44	513.27	563.4
Minority Interest in Earnings	210.5	221.26	201.18	188.55	157.43	90.88
Net Income to Common	-1,068	-1,438	309.56	92.44	513.27	563.4
Net Income Growth	-	-	234.86%	-81.99%	-8.90%	-25.95%
Shares Outstanding (Basic)	170	170	172	171	162	147
Shares Outstanding (Diluted)	170	170	172	171	162	147
Shares Change (YoY)	-0.77%	-1.03%	0.68%	5.72%	9.63%	16.58%
EPS (Basic)	-6.27	-8.44	1.80	0.54	3.18	3.83
EPS (Diluted)	-6.27	-8.44	1.80	0.54	3.18	3.82
EPS Growth	-	-	233.33%	-83.02%	-16.75%	-36.65%
Shares Outstanding	170.71	170.54	172.2	171.91	170.75	158.04
Free Cash Flow	-368.36	-456.88	-918.1	-1,788	-2,013	-1,080
Free Cash Flow Per Share	-2.16	-2.68	-5.34	-10.46	-12.45	-7.32
Dividends Per Share	4.080	4.680	5.190	4.960	4.720	4.480
Dividend Growth	-12.82%	-9.83%	4.64%	5.08%	5.36%	5.66%
Gross Margin	68.69%	69.52%	70.82%	70.23%	69.75%	70.51%
Operating Margin	-54.16%	-51.75%	19.68%	9.45%	21.68%	22.01%
Profit Margin	-29.16%	-40.20%	16.39%	9.74%	25.91%	30.95%
FCF Margin	-12.53%	-15.10%	-29.46%	-61.95%	-77.75%	-51.07%
EBITDA	-278.15	-215.91	1,816	1,366	1,564	1,286
EBITDA Margin	-9.46%	-7.13%	58.26%	47.34%	60.39%	60.85%
EBIT	-1,592	-1,566	613.32	272.58	561.42	465.4
EBIT Margin	-54.16%	-51.75%	19.68%	9.45%	21.68%	22.01%

Updated Apr 27, 2026. Data Source: Fiscal.ai. Real Estate template. Financial Sources.

SEC Filings: 10-K · 10-Q