ARE Statistics
Total Valuation
ARE has a market cap or net worth of $18.23 billion. The enterprise value is $35.49 billion.
Important Dates
The last earnings date was Monday, October 21, 2024, after market close.
| Earnings Date | Oct 21, 2024 |
| Ex-Dividend Date | Sep 30, 2024 |
Share Statistics
ARE has 174.76 million shares outstanding. The number of shares has increased by 1.35% in one year.
| Current Share Class | 174.76M |
| Shares Outstanding | 174.76M |
| Shares Change (YoY) | +1.35% |
| Shares Change (QoQ) | +0.03% |
| Owned by Insiders (%) | 1.25% |
| Owned by Institutions (%) | 93.41% |
| Float | 172.42M |
Valuation Ratios
The trailing PE ratio is 63.42 and the forward PE ratio is 32.63. ARE's PEG ratio is 10.18.
| Price/FFO Ratio | n/a |
| Price/AFFO Ratio | n/a |
| PE Ratio | 63.42 |
| Forward PE | 32.63 |
| PS Ratio | 5.81 |
| Forward PS | 5.46 |
| PB Ratio | 0.99 |
| P/TBV Ratio | 1.02 |
| P/FCF Ratio | 10.99 |
| P/OCF Ratio | 10.99 |
| PEG Ratio | 10.18 |
Financial Ratio HistoryEnterprise Valuation
The stock's EV/EBITDA ratio is 18.63, with an EV/FCF ratio of 21.39.
| EV / Earnings | 125.62 |
| EV / Sales | 11.50 |
| EV / EBITDA | 18.63 |
| EV / EBIT | 42.18 |
| EV / FCF | 21.39 |
Financial Position
The company has a current ratio of 2.77, with a Debt / Equity ratio of 0.59.
| Current Ratio | 2.77 |
| Quick Ratio | 2.62 |
| Debt / Equity | 0.59 |
| Debt / EBITDA | 6.87 |
| Debt / FCF | 8.04 |
| Interest Coverage | 5.19 |
Financial Efficiency
Return on equity (ROE) is 2.13% and return on invested capital (ROIC) is 1.50%.
| Return on Equity (ROE) | 2.13% |
| Return on Assets (ROA) | 1.40% |
| Return on Capital (ROIC) | 1.50% |
| Revenue Per Employee | $5.43M |
| Profits Per Employee | $497,447 |
| 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 +0.57% 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 | +0.57% |
| 50-Day Moving Average | 116.22 |
| 200-Day Moving Average | 118.82 |
| Relative Strength Index (RSI) | 28.30 |
| Average Volume (20 Days) | 1,197,114 |
Short Selling Information
The latest short interest is 3.06 million, so 1.75% of the outstanding shares have been sold short.
| Short Interest | 3.06M |
| Short Previous Month | 3.39M |
| Short % of Shares Out | 1.75% |
| Short % of Float | 1.77% |
| Short Ratio (days to cover) | 2.21 |
Income Statement
In the last 12 months, ARE had revenue of $3.09 billion and earned $282.55 million in profits. Earnings per share was $1.64.
| Revenue | 3.09B |
| Gross Profit | 2.19B |
| Operating Income | 841.46M |
| Pretax Income | 153.09M |
| Net Income | 282.55M |
| EBITDA | 1.91B |
| EBIT | 841.46M |
| Earnings Per Share (EPS) | $1.64 |
Full Income StatementBalance Sheet
The company has $562.61 million in cash and $13.34 billion in debt, giving a net cash position of -$12.78 billion or -$73.11 per share.
| Cash & Cash Equivalents | 562.61M |
| Total Debt | 13.34B |
| Net Cash | -12.78B |
| Net Cash Per Share | -$73.11 |
| Equity (Book Value) | 22.70B |
| Book Value Per Share | 105.77 |
| Working Capital | 1.23B |
Full Balance SheetCash Flow
| Operating Cash Flow | 1.66B |
| Capital Expenditures | n/a |
| Free Cash Flow | 1.66B |
| FCF Per Share | $9.49 |
Full Cash Flow StatementMargins
Gross margin is 71.10%, with operating and profit margins of 27.27% and 9.62%.
| Gross Margin | 71.10% |
| Operating Margin | 27.27% |
| Pretax Margin | 15.69% |
| Profit Margin | 9.62% |
| EBITDA Margin | 61.75% |
| EBIT Margin | 27.27% |
| FCF Margin | -28.65% |