Alexandria Real Estate Equities, Inc.
ARE
NYSE171.58
Alexandria Real Estate Equities, Inc.
NYSE:ARE
RECENT
PRICE
171.58
P/E
RATIO
94.27
(PEG:-3.79)
P/E RATIO
RELATIVE
TO S&P
4.53
DIV
YLD
1.84%
High:
Low:
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
Legends
Stock price
0.93 Beta (1.0 Market)
0
0
0
0
0
0
0
0
0
% total return 08/22:
Stock
S&P
1y.
0
0
3y.
0
0
5y.
0
0
0
Percent shares traded:
0
0
0
2006
2007
2008
2009
2010
2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
TTM
Fiscal year
9.78
2.92
(33.86)
3.49
10.68
3.16
(25.77)
3.46
12.06
3.88
(9.98)
3.98
10.34
3.49
(6.22)
3.08
8.63
2.80
(10.29)
2.08
8.53
2.22
(8.26)
2.31
9.17
1.64
4.92
2.48
9.13
2.00
4.60
2.87
10.12
1.43
4.70
3.21
11.46
2.02
4.79
3.40
11.80
(0.87)
5.16
3.45
12.28
1.85
4.92
3.51
12.89
3.68
5.54
3.75
13.65
3.24
6.09
4.02
14.95
6.11
7.00
4.23
16.76
4.53
8.01
5.20
15.36
0.16
7.01
3.40
Revenue per share
Earnings per share
Free Cash Flow per sh
Dividends per share
38.97
53.85
32.02
50.69
17.34
52.76
11.56
60.20
14.82
60.54
12.44
57.13
8.93
55.37
8.25
57.57
7.64
53.79
9.55
55.57
18.88
64.33
16.97
64.99
18.87
71.27
30.99
79.02
- -
92.98
- -
128.38
- -
110.03
CAPEX per share
Book Value per share
25
30
32
39
48
59
62
68
71
72
76
92
103
112
126
126
155
Comm.Shares outs.(m)
31.7
1.8
3.8%
31.8
1.8
3.4%
23.4
1.1
4.4%
13.6
0.2
6.5%
24.3
1.2
3.1%
33.1
2.0
3.1%
43.5
2.9
3.5%
34.0
2.0
4.2%
53.6
3.0
4.2%
45.7
2.3
3.7%
(113.4)
(5.1)
3.5%
64.3
2.7
3.0%
33.7
1.3
3.0%
44.8
1.8
2.8%
26.0
0.7
2.7%
41.4
1.4
2.8%
94.3
4.5
1.8%
Avg. annual P/E ratio
P/E relative to S&P500
Avg. annual div. yield
Capital Structure (30/6/22 | Q2)
Total liabilities
$12,782 m.
Total assets
$33,244 m.
Long-term debt
- -
Cash and equiv.
- -
Goodwill - -
Retained earnings $(3) m.
Common stock 158 m. shares
Market Capitalisation
$27,996 m. (as of 17/8/22)
504
- -
570
27.9%
621
31.3%
720
31.0%
820
29.0%
898
27.0%
1,125
27.3%
1,327
28.5%
1,531
28.2%
1,886
27.8%
2,114
24.5%
2,384
22.7%
Revenue (m)
Operating margin
158
131
192
102
191
136
224
102
261
144
313
(66)
417
169
478
379
545
363
698
771
821
571
933
26
Depreciation (m)
Net profit (m)
- -
26.1%
- -
17.9%
- -
21.9%
- -
14.1%
- -
17.6%
- -
(7.3)%
- -
15.0%
- -
28.6%
- -
23.7%
- -
40.9%
- -
27.0%
- -
1.8%
Income tax rate
Net profit margin
(500)
2,779
3,374
(71)
3,182
3,442
(149)
3,061
3,917
(164)
3,679
3,828
(113)
3,966
3,975
(288)
4,164
4,896
(150)
4,765
5,950
(317)
5,478
7,342
(350)
6,777
8,866
(456)
7,809
11,726
(1,026)
8,957
16,190
(660)
- -
20,453
Working capital (m)
Long-term debt (m)
Equity (m)
- -
3.0%
3.9%
2.4%
2.3%
3.0%
2.8%
2.7%
3.5%
2.3%
2.2%
2.7%
3.0%
2.9%
3.6%
0.4%
0.4%
(1.3)%
2.7%
2.6%
2.8%
4.0%
3.9%
5.2%
3.3%
3.1%
4.1%
4.7%
4.5%
6.6%
2.8%
2.6%
3.5%
0.4%
0.4%
0.1%
ROIC
Return on capital
Return on equity
Working Capital
2019
2020
2021
Cash assets
190
569
361
Receivables
11
11
91
Inventory
- -
- -
- -
Other
64
111
(24,726)
Current assets
265
690
707
Acc. Payable
199
285
513
Debt due
384
100
270
Other
32
761
950
Current liab.
615
1,146
1,733
(3.9)%
64.5%
(51.1)%
20.0%
(43.1)%
(108.4)%
(124.7)%
72.6%
(68.6)%
48.1%
498.7%
- -
(90.3)%
(178.8)%
(1.7)%
(156.7)%
(24.2)%
(110.6)%
30.9%
(202.0)%
(14.8)%
(284.4)%
(42.7)%
(126.9)%
Plowback ratio
Div.&Repurch. to FCF
Alexandria Real Estate Equities, Inc. (US) started trading on May 3, 1997 (cik: 0001035443), operates in the Real Estate sector (REIT—Office industry), has 559 full-time employees, and is led by Mr. Peter Moglia. Alexandria Real Estate Equities, Inc. (NYSE:ARE), an S&P 500<sup>®</sup> urban office real estate investment trust ("REIT"), is the first, longest-tenured, and pioneering owner, operator, and developer uniquely focused on collaborative life science, technology, and agtech campuses in AAA innovation cluster locations, with a total market capitalization of $31.9 billion as of December 31, 2020, and an asset base in North America of 49.7 million square feet ("SF"). The asset base in North America includes 31.9 million RSF of operating properties and 3.3 million RSF of Class A properties undergoing construction, 7.1 million RSF of near-term and intermediate-term development and redevelopment projects, and 7.4 million SF of future development projects. Founded in 1994, Alexandria pioneered this niche and has since established a significant market presence in key locations, including Greater Boston, San Francisco, New York City, San Diego, Seattle, Maryland, and Research Triangle. Alexandria has a longstanding and proven track record of developing Class A properties clustered in urban life science, technology, and agtech campuses that provide our innovative tenants with highly dynamic and collaborative environments that enhance their ability to successfully recruit and retain world-class talent and inspire productivity, efficiency, creativity, and success. Alexandria also provides strategic capital to transformative life science, technology, and agtech companies through our venture capital platform. We believe our unique business model and diligent underwriting ensure a high-quality and diverse tenant base that results in higher occupancy levels, longer lease terms, higher rental income, higher returns, and greater long-term asset value.
Annual rates
(avg rate of change)
Past
5 y.
Past
10 y.
Revenues
17.17%
15.79%
Cash flow
22.52%
14.57%
Earnings
51.61%
-27.32%
Dividends
19.51%
17.61%
Book value
28.62%
19.39%
Insider trading
Type
Shares
Date
Ciruzzi Vincent
Sale
2,016
08/11/22
Moglia Peter M
InKind
533
07/31/22
Richardson Stephen
InKind
552
07/31/22
Freire Maria C
Sale
289
07/29/22
Freire Maria C
Sale
2,311
07/28/22
Fiscal Year Ends
Quarterly Revenue (m)
Full fiscal year
I
II
III
IV
2020
440
437
545
464
1,886
2021
480
510
548
577
2,114
2022
615
644
- -
- -
- -
Fiscal Year Ends
Earnings per share
Full fiscal year
I
II
III
IV
2020
0.15
1.82
0.64
3.50
6.11
2021
0.06
3.05
0.82
0.59
4.53
2022
(0.95)
(0.02)
- -
- -
- -
Fiscal Year Ends
Quarterly dividends paid
Full fiscal year
I
II
III
IV
2020
1.00
1.03
1.06
1.13
4.23
2021
1.20
1.27
1.35
1.38
5.20
2022
1.16
- -
- -
- -
- -
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