Alexandria Real Estate Equities, Inc.

Alexandria Real Estate Equities, Inc.

ARE
Alexandria Real Estate Equities, Inc.US flagNew York Stock Exchange
48.19
USD
-0.23
- -
8.40BMarket Cap
2013 Y
2014 Y
2015 Y
2016 Y
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
TTM
Revenue per Share
9.13
10.12
11.46
11.79
12.26
12.76
13.52
14.89
14.35
15.94
16.63
17.72
17.29
16.2
Basic EPS, GAAP
1.62
1.07
1.67
-1.13
1.76
3.63
3.21
6.11
3.89
3.23
0.61
1.88
-8.39
-6.01
Free Cash Flow per Basic Share
4.6
4.7
4.79
5.17
4.93
5.54
6.09
7
6.88
8.01
9.54
8.74
8.3
7.51
Dividend per Share
2.87
3.21
3.4
3.45
3.51
3.75
4.02
4.23
4.46
4.69
4.96
5.22
5.35
4.12
Book Value per Share
49.69
48.43
49.73
53.37
58.88
65.56
73.39
85.78
102.44
111.11
107.45
103.88
90.71
91.1
Tangible Book Value per Share
49.69
48.43
49.73
53.37
58.88
65.56
73.39
85.78
102.44
111.11
107.45
103.88
90.71
91.1
Basic Weighted Avg Shares
68
71
72
76
92
103
112
126
147
162
171
172
170
170
Sales/Revenue/Turnover
621
720
820
897
1,122
1,315
1,517
1,878
2,108
2,576
2,842
3,050
2,945
2,761
Operating Margin (%)
31.29
31.04
28.97
26.94
27.17
27.81
27.55
27.5
24.29
23.81
24.29
25.24
18.85
16.54
Depreciation Expense
191
224
261
313
417
478
545
641
766
928
1,000
1,117
1,313
1,246
Net Income, GAAP
136
102
144
-66
169
379
363
771
571
522
104
323
-1,430
-1,025
Effective Tax Rate (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Profit Margin (%)
21.94
14.1
17.6
-7.34
15.07
28.85
23.94
41.05
27.1
20.25
3.65
10.59
-48.54
-37.12
Working Capital
-527
-595
-462
-500
-393
-712
-925
-418
-1,026
-699
-1,219
-1,174
-1,243
-3,103
LT Debt
2,857
3,375
3,785
4,136
4,715
5,270
6,665
7,809
8,957
10,566
11,599
12,752
12,408
11,173
Total Equity
3,979
3,910
4,294
5,382
6,483
7,895
10,166
13,444
19,033
22,683
22,623
22,398
19,156
19,175
Return on Invested Capital (%)
2.83
3.06
3
- -
2.93
2.97
2.73
2.68
2.06
1.99
2.04
2.22
- -
- -
Return on Capital (%)
2.92
2.4
3.14
- -
2.62
4.17
3.24
4.6
2.54
1.52
- -
0.92
- -
-2.46
Return on Common Equity (%)
3.34
2.17
3.37
-2.08
3.06
5.69
4.46
7.49
4.09
2.97
0.55
1.78
-8.57
-6.26

Capital Structure

FRC

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
353
1,354
1,995
LT Borrowings
12,047
11,166
10,818
LT Finance Leases
361
359
355
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
171
171
171
Market Capitalization
8,346
7,924
9,023

Working Capital

FRC

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
940
843
868
Cash, Cash Equivalents & STI
549
419
470
Accounts Receivable, Net
7
7
8
Inventories
- -
- -
- -
Total Current Liabilities
2,183
2,955
3,971
Payables & Accruals
953
740
795
ST Debt
353
1,354
1,995
Deferred Revenue
876
861
1,181

Growth Rates

FRC

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
17.36%
9.01%
-14.47%
Free Cash Flow
15.97%
10.97%
-6.01%
Net Income, GAAP
-71.57%
-89.15%
-542.66%
Sales/Revenue/Turnover
13.95%
9.73%
-3.43%
Total Cash Common Dividend
15.65%
11.58%
1.43%

Quarterly Revenue

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
756
755
776
763
3,050
2025
743
737
736
729
2,945
2026
653
643
- -
- -
- -

Quarterly Earnings Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.99
0.27
0.98
- -
1.88
2025
-0.05
-0.63
-1.37
-6.34
-8.39
2026
2.12
-0.43
- -
- -
- -

Quarterly Dividends Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
1.29
1.29
1.32
- -
5.22
2025
1.35
1.34
1.34
1.33
5.35
2026
0.73
0.73
- -
- -
- -

Company Description

APIChatGPT
CEO
Peter Moglia
Full Time Employees
514
Sector
Real Estate
Industry
REIT - Office
Address
26 North Euclid Avenue Pasadena CA United States of America 91101-6104
IPO Date
May 28, 1997
Website
are.com
Business
Alexandria Real Estate Equities, Inc. (NYSE: ARE), an S&P 500 company founded in 1994 and headquartered in Pasadena, California, is a leading urban life science real estate investment trust that owns, operates, develops, and redevelops Class A/A+ collaborative Megacampus ecosystems for lease to life science, agtech, technology, and digital health tenants. The company focuses on AAA innovation cluster locations across North America, including Greater Boston, the San Francisco Bay Area, San Diego, Seattle, Maryland, Research Triangle, and New York City, serving multinational pharmaceutical firms, biotechnology companies, medical research institutions, government agencies, non-profits, and venture capital entities through its 39.7 million rentable square feet of operating properties and 4.4 million square feet under construction as of June 30, 2025. Alexandria also deploys strategic venture capital via its Alexandria Venture Investments platform, which has backed disruptive life science innovators since 1996 to foster industry insights and tenant relationships. In recent developments, Alexandria has advanced its 2025 capital recycling strategy by executing over $1.1 billion in asset sales through the third quarter, including full dispositions of non-core assets like Pacific Technology Park, land parcels representing 20-30% of total sales, and partial interest transactions to fund higher-yield development projects; the company anticipates further $1.1 billion in sales over the next two quarters while shifting toward build-to-suit Megacampus initiatives amid moderated biotech demand. Progress on key projects includes leasing momentum at developments such as 311 Arsenal, 1450 Owens, 269 East Grand, 701 Dexter, and 99 Coolidge with average lease terms of 12.3 years, alongside strategic partnerships like its collaboration with Eli Lilly anchoring One Alexandria Square in Torrey Pines. Additionally, Alexandria Venture Investments received the 2025 Charles A. Sanders, MD, Partnership Award for its ecosystem contributions.

Company News

APIChatGPT
  • Alexandria Real Estate Equities, Inc. $ARE Position Lifted by Bank of America Corp DE

  • Alexandria Real Estate Equities, Inc. Announces Pricing of Public Offering of $1,000,000,000 of Series A Fixed-to-Fixed Reset Rate Junior Subordinated Notes due 2057

  • Alexandria Real Estate: A 50% Margin Of Safety And A Secure 5.9% Yield

  • Alexandria Real Estate Equities, Inc. (ARE) Q2 2026 Earnings Call Transcript

  • Alexandria Real Estate Equities Q2 Earnings Call Highlights

  • ARE's Q2 FFO Beats Estimates on Leasing Momentum, Rental Rates Improve

  • Alexandria Real Estate: Market Missing A Recovery Coming Sooner Than Expected

  • Alexandria Real Estate Equities (ARE) Q2 Earnings: How Key Metrics Compare to Wall Street Estimates

  • Alexandria Real Estate Equities (ARE) Q2 FFO and Revenues Top Estimates

  • Alexandria Real Estate Equities, Inc. Reports 2Q26 and 1H26 Net (Loss) Income per Share - Diluted of $(0.43) and $1.68, respectively, and 2Q26 and 1H26 FFO per Share - Diluted, as Adjusted, of $1.73 and $3.46, respectively

  • Is the Options Market Predicting a Spike in Alexandria Stock?

  • Alexandria Real Estate Equities, Inc. Announces Foundational Milestone in Mission-Critical Partnership with the Foundation for the National Institutes of Health to Advance Precision Medicine for Depression

  • Alexandria Real Estate Equities, Inc. $ARE Shares Acquired by Dimensional Fund Advisors LP

  • Arrowstreet Capital Limited Partnership Makes New Investment in Alexandria Real Estate Equities, Inc. $ARE

  • Alexandria Real Estate Equities Inc (ARE) Shares Surge 5.1% -- What GF Score of 63 Tells Investors

  • Alexandria to Post Q2 Earnings: What to Expect From the Stock?

  • Hudson Pacific Properties (NYSE:HPP) and Alexandria Real Estate Equities (NYSE:ARE) Financial Review

  • Brokerages Set Alexandria Real Estate Equities, Inc. (NYSE:ARE) PT at $51.08

  • Alexandria Real Estate: The Uncertainty Is Real, But The Discount Has Gone Too Far

  • Alexandria Real Estate Equities, Inc. Delivers 427,000 RSF Innovative Research & Development Hub for a Multinational Pharmaceutical Company at the Campus Point by Alexandria Megacampus™ in San Diego