ARE Statistics
Total Valuation
ARE has a market cap or net worth of $8.18 billion. The enterprise value is $20.88 billion.
| Market Cap | 8.18B |
| Enterprise Value | 20.88B |
Important Dates
The last earnings date was Monday, August 3, 2026, after market close.
| Earnings Date | Aug 3, 2026 |
| Ex-Dividend Date | Jun 30, 2026 |
Share Statistics
ARE has 174.25 million shares outstanding. The number of shares has decreased by -0.45% in one year.
| Current Share Class | 174.25M |
| Shares Outstanding | 174.25M |
| Shares Change (YoY) | -0.45% |
| Shares Change (QoQ) | -0.38% |
| Owned by Insiders (%) | 1.68% |
| Owned by Institutions (%) | 89.24% |
| Float | 154.66M |
Valuation Ratios
| Price/FFO Ratio | 4.57 |
| Price/AFFO Ratio | 10.57 |
| PE Ratio | n/a |
| Forward PE | n/a |
| PS Ratio | 2.88 |
| Forward PS | 3.19 |
| PB Ratio | 0.52 |
| P/TBV Ratio | 0.53 |
| P/FCF Ratio | n/a |
| P/OCF Ratio | 6.39 |
| PEG Ratio | n/a |
Enterprise Valuation
| EV / Earnings | n/a |
| EV / Sales | 7.35 |
| EV / EBITDA | 11.72 |
| EV / EBIT | 38.94 |
| EV / FCF | n/a |
Financial Position
The company has a current ratio of 2.35, with a Debt / Equity ratio of 0.69.
| Current Ratio | 2.35 |
| Quick Ratio | 1.98 |
| Debt / Equity | 0.69 |
| Debt / EBITDA | 7.25 |
| Debt / FCF | n/a |
| Interest Coverage | 2.15 |
Financial Efficiency
Return on equity (ROE) is -4.08% and return on invested capital (ROIC) is 0.99%.
| Return on Equity (ROE) | -4.08% |
| Return on Assets (ROA) | 0.93% |
| Return on Invested Capital (ROIC) | 0.99% |
| Return on Capital Employed (ROCE) | 1.59% |
| Weighted Average Cost of Capital (WACC) | 5.01% |
| Revenue Per Employee | $5.53M |
| Profits Per Employee | -$2.00M |
| 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 -38.31% in the last 52 weeks. The beta is 1.17, so ARE's price volatility has been higher than the market average.
| Beta (5Y) | 1.17 |
| 52-Week Price Change | -38.31% |
| 50-Day Moving Average | 50.69 |
| 200-Day Moving Average | 50.32 |
| Relative Strength Index (RSI) | 39.66 |
| Average Volume (20 Days) | 1,818,445 |
Short Selling Information
The latest short interest is 6.88 million, so 3.95% of the outstanding shares have been sold short.
| Short Interest | 6.88M |
| Short Previous Month | 7.56M |
| Short % of Shares Out | 3.95% |
| Short % of Float | 4.45% |
| Short Ratio (days to cover) | 4.33 |
Income Statement
In the last 12 months, ARE had revenue of $2.84 billion and -$1.03 billion in losses. Loss per share was -$6.04.
| Revenue | 2.84B |
| Gross Profit | 1.94B |
| Operating Income | 536.16M |
| Pretax Income | -833.79M |
| Net Income | -1.03B |
| EBITDA | 1.78B |
| EBIT | 536.16M |
| Loss Per Share | -$6.04 |
Balance Sheet
The company has $470.45 million in cash and $13.17 billion in debt, with a net cash position of -$12.70 billion or -$72.87 per share.
| Cash & Cash Equivalents | 470.45M |
| Total Debt | 13.17B |
| Net Cash | -12.70B |
| Net Cash Per Share | -$72.87 |
| Equity (Book Value) | 19.18B |
| Book Value Per Share | 91.10 |
| Working Capital | 1.19B |
Cash Flow
In the last 12 months, operating cash flow was $1.28 billion and capital expenditures -$1.74 billion, giving a free cash flow of -$459.79 million.
| Operating Cash Flow | 1.28B |
| Capital Expenditures | -1.74B |
| Depreciation & Amortization | 1.27B |
| Net Borrowing | n/a |
| Free Cash Flow | -459.79M |
| FCF Per Share | -$2.64 |
Margins
Gross margin is 68.20%, with operating and profit margins of 18.88% and -36.08%.
| Gross Margin | 68.20% |
| Operating Margin | 18.88% |
| Pretax Margin | -29.36% |
| Profit Margin | -36.08% |
| EBITDA Margin | 62.74% |
| EBIT Margin | 18.88% |
| FCF Margin | n/a |
Dividends & Yields
This stock pays an annual dividend of $2.88, which amounts to a dividend yield of 6.14%.
| Dividend Per Share | $2.88 |
| Dividend Yield | 6.14% |
| Dividend Growth (YoY) | -33.84% |
| Years of Dividend Growth | n/a |
| Payout Ratio | n/a |
| Buyback Yield | 0.45% |
| Shareholder Yield | 6.59% |
| Earnings Yield | -12.59% |
| FCF Yield | -5.62% |
Analyst Forecast
The average price target for ARE is $52.07, which is 10.93% higher than the current price. The consensus rating is "Hold".
| Price Target | $52.07 |
| Price Target Difference | 10.93% |
| Analyst Consensus | Hold |
| Analyst Count | 16 |
| Revenue Growth Forecast (3Y) | -4.15% |
| 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 |