ARE Statistics
Total Valuation
ARE has a market cap or net worth of $21.90 billion. The enterprise value is $33.38 billion.
| Market Cap | 21.90B |
| Enterprise Value | 33.38B |
Important Dates
The next confirmed earnings date is Monday, July 22, 2024, after market close.
| Earnings Date | Jul 22, 2024 |
| Ex-Dividend Date | Jun 28, 2024 |
Share Statistics
ARE has 174.88 million shares outstanding. The number of shares has increased by 1.09% in one year.
| Shares Outstanding | 174.88M |
| Shares Change (YoY) | +1.09% |
| Shares Change (QoQ) | +0.69% |
| Owned by Insiders (%) | 0.94% |
| Owned by Institutions (%) | 97.34% |
| Float | 172.47M |
Valuation Ratios
The trailing PE ratio is 117.02 and the forward PE ratio is 39.51. ARE's PEG ratio is 844.20.
| PE Ratio | 117.02 |
| Forward PE | 39.51 |
| PS Ratio | 7.41 |
| Forward PS | 6.77 |
| PB Ratio | 1.19 |
| P/FCF Ratio | n/a |
| PEG Ratio | 844.20 |
Enterprise Valuation
| EV / Earnings | 181.35 |
| EV / Sales | 11.30 |
| EV / EBITDA | 23.62 |
| EV / EBIT | 112.17 |
| EV / FCF | n/a |
Financial Position
| Current Ratio | n/a |
| Quick Ratio | n/a |
| Debt / Equity | 0.66 |
| Debt / EBITDA | 8.64 |
| Debt / FCF | n/a |
| Interest Coverage | 2.94 |
Financial Efficiency
Return on equity (ROE) is 1.00% and return on invested capital (ROIC) is 1.91%.
| Return on Equity (ROE) | 1.00% |
| Return on Assets (ROA) | 0.50% |
| Return on Capital (ROIC) | 1.91% |
| Revenue Per Employee | $5.20M |
| Profits Per Employee | $324,074 |
| Employee Count | 568 |
| Asset Turnover | 0.08 |
| Inventory Turnover | n/a |
Taxes
| Income Tax | n/a |
| Effective Tax Rate | n/a |
Stock Price Statistics
The stock price has increased by +4.85% in the last 52 weeks. The beta is 1.16, so ARE's price volatility has been higher than the market average.
| Beta (5Y) | 1.16 |
| 52-Week Price Change | +4.85% |
| 50-Day Moving Average | 119.21 |
| 200-Day Moving Average | 117.05 |
| Relative Strength Index (RSI) | 62.08 |
| Average Volume (20 Days) | 821,481 |
Short Selling Information
The latest short interest is 3.89 million, so 2.22% of the outstanding shares have been sold short.
| Short Interest | 3.89M |
| Short Previous Month | 4.05M |
| Short % of Shares Out | 2.22% |
| Short % of Float | 2.25% |
| Short Ratio (days to cover) | 4.31 |
Income Statement
In the last 12 months, ARE had revenue of $2.95 billion and earned $184.07 million in profits. Earnings per share was $1.07.
| Revenue | 2.95B |
| Gross Profit | 2.08B |
| Operating Income | 585.83M |
| Pretax Income | 196.32M |
| Net Income | 184.07M |
| EBITDA | 1.41B |
| EBIT | 297.61M |
| Earnings Per Share (EPS) | $1.07 |
Balance Sheet
The company has $731.70 million in cash and $12.22 billion in debt, giving a net cash position of -$11.49 billion or -$65.68 per share.
| Cash & Cash Equivalents | 731.70M |
| Total Debt | 12.22B |
| Net Cash | -11.49B |
| Net Cash Per Share | -$65.68 |
| Equity (Book Value) | 18.41B |
| Book Value Per Share | 105.29 |
| Working Capital | n/a |
Cash Flow
In the last 12 months, operating cash flow was $1.67 billion and capital expenditures -$2.31 billion, giving a free cash flow of -$641.86 million.
| Operating Cash Flow | 1.67B |
| Capital Expenditures | -2.31B |
| Free Cash Flow | -641.86M |
| FCF Per Share | -$3.67 |
Margins
Gross margin is 70.53%, with operating and profit margins of 19.83% and 6.23%.
| Gross Margin | 70.53% |
| Operating Margin | 19.83% |
| Pretax Margin | 6.65% |
| Profit Margin | 6.23% |
| EBITDA Margin | 47.84% |
| EBIT Margin | 10.07% |
| FCF Margin | -21.73% |
Dividends & Yields
This stock pays an annual dividend of $5.20, which amounts to a dividend yield of 4.15%.
| Dividend Per Share | $5.20 |
| Dividend Yield | 4.15% |
| Dividend Growth (YoY) | 4.96% |
| Years of Dividend Growth | 13 |
| Payout Ratio | 485.98% |
| Buyback Yield | -1.09% |
| Shareholder Yield | 3.07% |
| Earnings Yield | 0.84% |
| FCF Yield | -2.93% |
Analyst Forecast
The average price target for ARE is $136.88, which is 9.32% higher than the current price. The consensus rating is "Strong Buy".
| Price Target | $136.88 |
| Price Target Difference | 9.32% |
| Analyst Consensus | Strong Buy |
| Analyst Count | 8 |
| Revenue Growth Forecast (5Y) | 7.33% |
| EPS Growth Forecast (5Y) | n/a |
Stock Splits
The last stock split was on July 30, 2002. It was a forward split with a ratio of 100:1.
| Last Split Date | Jul 30, 2002 |
| Split Type | Forward |
| Split Ratio | 100:1 |
Scores
| Altman Z-Score | n/a |
| Piotroski F-Score | 6 |