ARE Statistics
Total Valuation
ARE has a market cap or net worth of $9.26 billion. The enterprise value is $22.63 billion.
Important Dates
The last earnings date was Monday, October 27, 2025, after market close.
| Earnings Date | Oct 27, 2025 |
| Ex-Dividend Date | Sep 30, 2025 |
Share Statistics
ARE has 172.83 million shares outstanding. The number of shares has decreased by -0.59% in one year.
| Current Share Class | 172.83M |
| Shares Outstanding | 172.83M |
| Shares Change (YoY) | -0.59% |
| Shares Change (QoQ) | +0.03% |
| Owned by Insiders (%) | 1.25% |
| Owned by Institutions (%) | 87.03% |
| Float | 154.01M |
Valuation Ratios
| Price/FFO Ratio | 7.08 |
| Price/AFFO Ratio | 10.57 |
| PE Ratio | n/a |
| Forward PE | 94.95 |
| PS Ratio | 2.99 |
| Forward PS | 3.14 |
| PB Ratio | 0.55 |
| P/TBV Ratio | 0.56 |
| P/FCF Ratio | n/a |
| P/OCF Ratio | 6.73 |
| PEG Ratio | n/a |
Financial Ratio HistoryEnterprise Valuation
| EV / Earnings | n/a |
| EV / Sales | 7.40 |
| EV / EBITDA | 11.56 |
| EV / EBIT | 34.95 |
| EV / FCF | n/a |
Financial Position
The company has a current ratio of 1.58, with a Debt / Equity ratio of 0.66.
| Current Ratio | 1.58 |
| Quick Ratio | 1.36 |
| Debt / Equity | 0.66 |
| Debt / EBITDA | 6.96 |
| Debt / FCF | n/a |
| Interest Coverage | 2.80 |
Financial Efficiency
Return on equity (ROE) is -1.08% and return on invested capital (ROIC) is 1.14%.
| Return on Equity (ROE) | -1.08% |
| Return on Assets (ROA) | 1.07% |
| Return on Invested Capital (ROIC) | 1.14% |
| Return on Capital Employed (ROCE) | 1.80% |
| Revenue Per Employee | $5.54M |
| Profits Per Employee | -$762,806 |
| Employee Count | 552 |
| 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 -52.19% in the last 52 weeks. The beta is 1.32, so ARE's price volatility has been higher than the market average.
| Beta (5Y) | 1.32 |
| 52-Week Price Change | -52.19% |
| 50-Day Moving Average | 68.49 |
| 200-Day Moving Average | 78.11 |
| Relative Strength Index (RSI) | 37.83 |
| Average Volume (20 Days) | 2,952,849 |
Short Selling Information
The latest short interest is 5.64 million, so 3.26% of the outstanding shares have been sold short.
| Short Interest | 5.64M |
| Short Previous Month | 4.72M |
| Short % of Shares Out | 3.26% |
| Short % of Float | 3.66% |
| Short Ratio (days to cover) | 1.88 |
Income Statement
In the last 12 months, ARE had revenue of $3.06 billion and -$421.07 million in losses. Loss per share was -$2.47.
| Revenue | 3.06B |
| Gross Profit | 2.13B |
| Operating Income | 647.62M |
| Pretax Income | -237.47M |
| Net Income | -421.07M |
| EBITDA | 1.96B |
| EBIT | 647.62M |
| Loss Per Share | -$2.47 |
Full Income StatementBalance Sheet
The company has $579.47 million in cash and $13.96 billion in debt, giving a net cash position of -$13.38 billion or -$77.40 per share.
| Cash & Cash Equivalents | 579.47M |
| Total Debt | 13.96B |
| Net Cash | -13.38B |
| Net Cash Per Share | -$77.40 |
| Equity (Book Value) | 21.12B |
| Book Value Per Share | 97.68 |
| Working Capital | 807.54M |
Full Balance SheetMargins
Gross margin is 69.58%, with operating and profit margins of 21.18% and -13.44%.
| Gross Margin | 69.58% |
| Operating Margin | 21.18% |
| Pretax Margin | -7.76% |
| Profit Margin | -13.44% |
| EBITDA Margin | 64.05% |
| EBIT Margin | 21.18% |
| FCF Margin | n/a |
Dividends & Yields
This stock pays an annual dividend of $5.28, which amounts to a dividend yield of 9.86%.
| Dividend Per Share | $5.28 |
| Dividend Yield | 9.86% |
| Dividend Growth (YoY) | 2.72% |
| Years of Dividend Growth | 14 |
| Payout Ratio | n/a |
| Buyback Yield | 0.59% |
| Shareholder Yield | 10.44% |
| Earnings Yield | -4.55% |
| FCF Yield | n/a |
Dividend DetailsAnalyst Forecast
The average price target for ARE is $81.25, which is 51.67% higher than the current price. The consensus rating is "Hold".
| Price Target | $81.25 |
| Price Target Difference | 51.67% |
| Analyst Consensus | Hold |
| Analyst Count | 10 |
| Revenue Growth Forecast (5Y) | -0.24% |
| EPS Growth Forecast (5Y) | n/a |
Stock ForecastsFair 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 | 3 |
