ARE Statistics
Total Valuation
ARE has a market cap or net worth of $7.00 billion. The enterprise value is $19.74 billion.
| Market Cap | 7.00B |
| Enterprise Value | 19.74B |
Important Dates
The last earnings date was Monday, October 26, 2026, after market close.
| Earnings Date | Oct 26, 2026 |
| Ex-Dividend Date | Sep 30, 2026 |
Share Statistics
ARE has 174.16 million shares outstanding. The number of shares has decreased by -0.09% in one year.
| Current Share Class | 174.16M |
| Shares Outstanding | 174.16M |
| Shares Change (YoY) | -0.09% |
| Shares Change (QoQ) | +0.02% |
| Owned by Insiders (%) | 1.62% |
| Owned by Institutions (%) | 89.32% |
| Float | 154.67M |
Valuation Ratios
| Price/FFO Ratio | 4.16 |
| Price/AFFO Ratio | 5.61 |
| PE Ratio | n/a |
| Forward PE | n/a |
| PS Ratio | 2.54 |
| Forward PS | 2.69 |
| PB Ratio | 0.46 |
| P/TBV Ratio | 0.48 |
| P/FCF Ratio | n/a |
| P/OCF Ratio | 5.89 |
| PEG Ratio | n/a |
Enterprise Valuation
| EV / Earnings | n/a |
| EV / Sales | 7.15 |
| EV / EBITDA | 11.62 |
| EV / EBIT | 40.24 |
| EV / FCF | n/a |
Financial Position
The company has a current ratio of 2.15, with a Debt / Equity ratio of 0.72.
| Current Ratio | 2.15 |
| Quick Ratio | 1.80 |
| Debt / Equity | 0.72 |
| Debt / EBITDA | 7.66 |
| Debt / FCF | n/a |
| Interest Coverage | 1.79 |
Financial Efficiency
Return on equity (ROE) is -6.25% and return on invested capital (ROIC) is 0.92%.
| Return on Equity (ROE) | -6.25% |
| Return on Assets (ROA) | 0.86% |
| Return on Invested Capital (ROIC) | 0.92% |
| Return on Capital Employed (ROCE) | 1.48% |
| Weighted Average Cost of Capital (WACC) | 4.78% |
| Revenue Per Employee | $5.37M |
| Profits Per Employee | -$2.79M |
| Employee Count | 514 |
| 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 decreased by -31.59% in the last 52 weeks. The beta is 1.18, so ARE's price volatility has been higher than the market average.
| Beta (5Y) | 1.18 |
| 52-Week Price Change | -31.59% |
| 50-Day Moving Average | 48.10 |
| 200-Day Moving Average | 49.55 |
| Relative Strength Index (RSI) | 33.58 |
| Average Volume (20 Days) | 2,642,322 |
Short Selling Information
The latest short interest is 7.26 million, so 4.17% of the outstanding shares have been sold short.
| Short Interest | 7.26M |
| Short Previous Month | 6.76M |
| Short % of Shares Out | 4.17% |
| Short % of Float | 4.69% |
| Short Ratio (days to cover) | 3.37 |
Income Statement
In the last 12 months, ARE had revenue of $2.76 billion and -$1.43 billion in losses. Loss per share was -$8.40.
| Revenue | 2.76B |
| Gross Profit | 1.87B |
| Operating Income | 490.70M |
| Pretax Income | -1.23B |
| Net Income | -1.43B |
| EBITDA | 1.70B |
| EBIT | 490.70M |
| Loss Per Share | -$8.40 |
Balance Sheet
The company has $508.86 million in cash and $13.25 billion in debt, with a net cash position of -$12.74 billion or -$73.16 per share.
| Cash & Cash Equivalents | 508.86M |
| Total Debt | 13.25B |
| Net Cash | -12.74B |
| Net Cash Per Share | -$73.16 |
| Equity (Book Value) | 18.42B |
| Book Value Per Share | 86.67 |
| Working Capital | 1.15B |
Cash Flow
In the last 12 months, operating cash flow was $1.19 billion and capital expenditures -$1.66 billion, giving a free cash flow of -$472.62 million.
| Operating Cash Flow | 1.19B |
| Capital Expenditures | -1.66B |
| Depreciation & Amortization | 1.24B |
| Net Borrowing | n/a |
| Free Cash Flow | -472.62M |
| FCF Per Share | -$2.71 |
Margins
Gross margin is 67.68%, with operating and profit margins of 17.78% and -51.81%.
| Gross Margin | 67.68% |
| Operating Margin | 17.78% |
| Pretax Margin | -44.75% |
| Profit Margin | -51.81% |
| EBITDA Margin | 61.57% |
| EBIT Margin | 17.78% |
| FCF Margin | n/a |
Dividends & Yields
This stock pays an annual dividend of $2.88, which amounts to a dividend yield of 7.16%.
| Dividend Per Share | $2.88 |
| Dividend Yield | 7.16% |
| Dividend Growth (YoY) | -45.45% |
| Years of Dividend Growth | n/a |
| Payout Ratio | n/a |
| FCF Payout Ratio | n/a |
| Buyback Yield | 0.09% |
| Shareholder Yield | 7.26% |
| Earnings Yield | -20.90% |
| FCF Yield | -6.75% |
Analyst Forecast
The average price target for ARE is $50.21, which is 24.90% higher than the current price. The consensus rating is "Hold".
| Price Target | $50.21 |
| Price Target Difference | 24.90% |
| Analyst Consensus | Hold |
| Analyst Count | 16 |
| Revenue Growth Forecast (3Y) | -4.79% |
| EPS Growth Forecast (3Y) | n/a |
Fair Value
There are several formulas that can be used to estimate the intrinsic value of a stock.
| Lynch Fair Value | n/a |
| Lynch Upside | n/a |
| Graham Number | n/a |
| Graham Upside | n/a |
Stock Splits
This stock does not have any record of stock splits.
| Last Split Date | n/a |
| Split Type | n/a |
| Split Ratio | n/a |
Scores
| Altman Z-Score | n/a |
| Piotroski F-Score | 4 |