Alexandria Real Estate Equities, Inc. (ARE)
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No price history available.
Key financial summary
Financials in USD| 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | TTM | 2026E | ||
|---|---|---|---|---|---|---|---|---|---|
| Total revenue | $m | 1,894 | 2,108 | 2,576 | 2,842 | 3,050 | 2,971 | 2,957 | 2,633 |
| Operating profit | $m | -1,202 | -1,352 | ||||||
| Net profit | $m | 771 | 571 | 522 | 104 | 323 | -1,431 | -904 | 257 |
| EPS reported | $ | -8.44 | -5.56 | ||||||
| Operating cashflow per share | $ | 8.30 | 6.79 | ||||||
| Capex per share | $ | 0.00 | 2.14 | ||||||
| FCF per share | $ | 8.30 | 4.65 | ||||||
| Free cash flow | $m | 1,414 | 876 | ||||||
| Net debt | $m | 11,851 | 11,988 | ||||||
| Book value equity | $m | 15,470 | 15,554 | ||||||
| Book value per share | $ | 90.79 | 82.57 | ||||||
| Number of shares | m | 170.39 | 188.38 | ||||||
| DPS (TTM paid) | $ | 4.68 | 4.20 |
Financial summary
Financials in USD| 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | TTM | 2026E | ||
|---|---|---|---|---|---|---|---|---|---|
| Value | |||||||||
| P/E TTM | x | - | - | ||||||
| P/B LTM | x | 0.54 | 0.54 | ||||||
| P/S LTM | x | 2.81 | 2.82 | ||||||
| P/FCF LTM | x | 5.90 | 9.52 | ||||||
| EV/EBITDA LTM | x | 57.02 | 48.29 | ||||||
| EV/Sales LTM | x | 6.92 | 7.28 | ||||||
| Earnings Yield LTM | % | -17.15% | -9.11% | ||||||
| FCF Yield | % | +16.96% | +10.51% | ||||||
| Quality | |||||||||
| ROE | % | -9.25% | -5.70% | ||||||
| ROIC | % | -3.73% | -4.23% | ||||||
| Operating margin | % | -40.47% | -45.72% | ||||||
| Gross margin | % | +68.94% | +69.46% | ||||||
| FCF/Sales | % | +47.60% | +29.63% | ||||||
| Growth and momentum | |||||||||
| EPS Growth YoY | % | - | - | ||||||
| Sales Growth YoY | % | -2.59% | -3.03% | ||||||
| Net Income Growth YoY | % | - | - | ||||||
| FCF Growth | % | -6.01% | -41.77% | ||||||
| Operating Profit Growth | % | - | - | ||||||
| Dividend and capital structure | |||||||||
| Dividend Yield | % | +10.93% | +6.61% | ||||||
| Dividend Growth | % | -9.83% | -19.08% | ||||||
| Payout Ratio | % | -63.38% | -70.34% | ||||||
| FCF/Debt | x | 0.11 | 0.07 | ||||||
| Net Debt/EBITDA | x | 33.88 | 29.00 | ||||||
| EBIT/Net interest | x | -5.30 | -5.42 | ||||||
| Net debt/market cap | % | +1.49% | +1.40% | ||||||
| Net debt/Equity | x | 0.77 | 0.77 | ||||||
| Gross debt/equity | x | 0.82 | 0.82 | ||||||
Price target estimates
Based on consensus from external analysts. Not Kvantra's opinion.
Ratings
Based on consensus from external analysts. Not Kvantra's opinion.
ESG
| Metric | 2024 | 2025 | 2026 |
|---|---|---|---|
| ESG-score | |||
| Environmental score | |||
| Social score | |||
| Governance score | |||
| Risk rating |
Company overview
Alexandria Real Estate Equities, Inc. (NYSE:ARE), an S&P 500® real estate investment trust, stands as the pioneering and most seasoned entity in the specialized domain of urban office properties. Since its inception in 1994, Alexandria has uniquely focused on the ownership, operation, and development of integrated campuses tailored for the life science, technology, and agtech sectors, strategically positioned within premier innovation ecosystems. By December 31, 2020, the company commanded a market capitalization of $31.9 billion and managed an extensive North American asset portfolio totaling 49.7 million square feet. This substantial base encompasses 31.9 million RSF of operational properties, 3.3 million RSF of premium Class A spaces currently under construction, 7.1 million RSF designated for near-to-mid-term development and refurbishment, and an additional 7.4 million SF earmarked for future projects. Alexandria has cultivated a significant footprint across vital innovation hubs such as Greater Boston, San Francisco, New York City, San Diego, Seattle, Maryland, and Research Triangle. Its established expertise lies in crafting superior Class A facilities within these urban campuses, fostering dynamic and collaborative environments. These spaces are instrumental in empowering innovative tenants to successfully attract and retain world-class professionals, thereby stimulating productivity, efficiency, creativity, and overall achievement. Furthermore, Alexandria extends its support to transformative life science, technology, and agtech companies through its dedicated venture capital platform. This distinct business model, coupled with rigorous underwriting practices, ensures a diverse and high-caliber tenant roster, ultimately driving elevated occupancy rates, extended lease durations, robust rental revenues, superior financial returns, and enhanced long-term asset appreciation.
Similar companies
For informational purposes only. Kvantra provides data and quantitative analysis, not investment advice. KvantraRank is a mechanical model output. Analyst price targets and ratings are sourced from third parties and are not Kvantra recommendations. Past performance does not guarantee future results; all investments carry risk.
Alexandria Real Estate Equities, Inc. (ARE)
No price history available.
Consensus from external analysts. Not Kvantra's opinion.
Based on consensus from external analysts. Not Kvantra's opinion.
Alexandria Real Estate Equities, Inc. (NYSE:ARE), an S&P 500® real estate investment trust, stands as the pioneering and most seasoned entity in the specialized domain of urban office properties. Since its inception in 1994, Alexandria has uniquely focused on the ownership, operation, and development of integrated campuses tailored for the life science, technology, and agtech sectors, strategically positioned within premier innovation ecosystems. By December 31, 2020, the company commanded a market capitalization of $31.9 billion and managed an extensive North American asset portfolio totaling 49.7 million square feet. This substantial base encompasses 31.9 million RSF of operational properties, 3.3 million RSF of premium Class A spaces currently under construction, 7.1 million RSF designated for near-to-mid-term development and refurbishment, and an additional 7.4 million SF earmarked for future projects. Alexandria has cultivated a significant footprint across vital innovation hubs such as Greater Boston, San Francisco, New York City, San Diego, Seattle, Maryland, and Research Triangle. Its established expertise lies in crafting superior Class A facilities within these urban campuses, fostering dynamic and collaborative environments. These spaces are instrumental in empowering innovative tenants to successfully attract and retain world-class professionals, thereby stimulating productivity, efficiency, creativity, and overall achievement. Furthermore, Alexandria extends its support to transformative life science, technology, and agtech companies through its dedicated venture capital platform. This distinct business model, coupled with rigorous underwriting practices, ensures a diverse and high-caliber tenant roster, ultimately driving elevated occupancy rates, extended lease durations, robust rental revenues, superior financial returns, and enhanced long-term asset appreciation.
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