ARE Statistics
Total Valuation
ARE has a market cap or net worth of $16.54 billion. The enterprise value is $28.74 billion.
Important Dates
The last earnings date was Monday, January 27, 2025, after market close.
| Earnings Date | Jan 27, 2025 |
| Ex-Dividend Date | Dec 31, 2024 |
Share Statistics
ARE has 173.09 million shares outstanding. The number of shares has increased by 0.68% in one year.
| Current Share Class | 173.09M |
| Shares Outstanding | 173.09M |
| Shares Change (YoY) | +0.68% |
| Shares Change (QoQ) | +0.12% |
| Owned by Insiders (%) | 1.26% |
| Owned by Institutions (%) | 81.34% |
| Float | 154.29M |
Valuation Ratios
The trailing PE ratio is 53.12 and the forward PE ratio is 27.17. ARE's PEG ratio is 8.76.
| Price/FFO Ratio | 11.49 |
| Price/AFFO Ratio | 10.57 |
| PE Ratio | 53.12 |
| Forward PE | 27.17 |
| PS Ratio | 5.26 |
| Forward PS | 5.35 |
| PB Ratio | 0.92 |
| P/TBV Ratio | 0.94 |
| P/FCF Ratio | 11.00 |
| P/OCF Ratio | 11.00 |
| PEG Ratio | 8.76 |
Financial Ratio HistoryEnterprise Valuation
The stock's EV/EBITDA ratio is 14.66, with an EV/FCF ratio of 19.10.
| EV / Earnings | 92.85 |
| EV / Sales | 9.20 |
| EV / EBITDA | 14.66 |
| EV / EBIT | 34.08 |
| EV / FCF | 19.10 |
Financial Position
The company has a current ratio of 2.58, with a Debt / Equity ratio of 0.57.
| Current Ratio | 2.58 |
| Quick Ratio | 2.34 |
| Debt / Equity | 0.57 |
| Debt / EBITDA | 6.38 |
| Debt / FCF | 8.48 |
| Interest Coverage | 4.54 |
Financial Efficiency
Return on equity (ROE) is 2.27% and return on invested capital (ROIC) is 1.52%.
| Return on Equity (ROE) | 2.27% |
| Return on Assets (ROA) | 1.42% |
| Return on Invested Capital (ROIC) | 1.52% |
| Return on Capital Employed (ROCE) | 2.29% |
| Revenue Per Employee | $5.50M |
| Profits Per Employee | $544,991 |
| 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 decreased by -19.57% 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 | -19.57% |
| 50-Day Moving Average | 98.41 |
| 200-Day Moving Average | 112.25 |
| Relative Strength Index (RSI) | 43.97 |
| Average Volume (20 Days) | 1,419,070 |
Short Selling Information
The latest short interest is 2.69 million, so 1.55% of the outstanding shares have been sold short.
| Short Interest | 2.69M |
| Short Previous Month | 3.09M |
| Short % of Shares Out | 1.55% |
| Short % of Float | 1.74% |
| Short Ratio (days to cover) | 1.75 |
Income Statement
In the last 12 months, ARE had revenue of $3.12 billion and earned $309.56 million in profits. Earnings per share was $1.80.
| Revenue | 3.12B |
| Gross Profit | 2.21B |
| Operating Income | 843.45M |
| Pretax Income | 153.09M |
| Net Income | 309.56M |
| EBITDA | 1.96B |
| EBIT | 843.45M |
| Earnings Per Share (EPS) | $1.80 |
Full Income StatementBalance Sheet
The company has $552.15 million in cash and $12.75 billion in debt, giving a net cash position of -$12.20 billion or -$70.48 per share.
| Cash & Cash Equivalents | 552.15M |
| Total Debt | 12.75B |
| Net Cash | -12.20B |
| Net Cash Per Share | -$70.48 |
| Equity (Book Value) | 22.40B |
| Book Value Per Share | 103.88 |
| Working Capital | 1.21B |
Full Balance SheetCash Flow
| Operating Cash Flow | 1.50B |
| Capital Expenditures | n/a |
| Free Cash Flow | 1.50B |
| FCF Per Share | $8.69 |
Full Cash Flow StatementMargins
Gross margin is 70.89%, with operating and profit margins of 27.00% and 10.34%.
| Gross Margin | 70.89% |
| Operating Margin | 27.00% |
| Pretax Margin | 16.35% |
| Profit Margin | 10.34% |
| EBITDA Margin | 62.76% |
| EBIT Margin | 27.00% |
| FCF Margin | 48.17% |