Alexandria Real Estate Equities, Inc. ARE SPX
Alexandria Real Estate Equities, Inc., an S&P 500 company, is a best-in-class, mission-driven life science REIT making a positive and lasting impact on the world. With our founding, Alexandria pioneered the life science real estate niche. Alexandria is the preeminent and longest-tenured owner, operator and developer of collaborative Megacampus ecosystems in AAA life science innovation cluster locations, including Greater Boston, the San Francisco Bay Area, San Diego, Seattle, Maryland, Research Triangle and New York City. Alexandria Real Estate Equities, Inc. is based in Pasadena, California and is established in January 05, 1994, and incorporated in Maryland.
READ MORE ›Market & Price
Valuation
Profitability & Returns
Balance Sheet & Liquidity
Ownership
Financial Snapshot
Growth (CAGR)
PROS
- Attractive dividend yield of 8.21%.
- Generates positive free cash flow.
CONS
- Earnings shrank at -124.7% CAGR over 5 years.
- Trading 40.5% below its 52-week high.
- In a downtrend (50-DMA below 200-DMA).
* The pros and cons are auto-generated from financial metrics.
Price Chart
Technical Trend
Computed from daily close history using EMA cross, slope, and RSI signals.
Note: intraday data is not stored locally. “Hourly” uses the most recent 10 daily candles as a short-term proxy.
Fundamental Growth
No fundamental data available for this stock.
Figures from the latest reported periods. CAGR is computed across the displayed window (quarterly CAGR is annualised assuming 4 quarters per year).
Peer comparison
Peer companies in the same sector (Real Estate).
| # | Name | CMP $ | P/E | Mkt Cap | Div Yld % | ROCE % | ROE % | Rev CAGR 5Y % | Profit CAGR 5Y % |
|---|---|---|---|---|---|---|---|---|---|
| 1 | ARE Alexandria Real Estate Equities, Inc. SPX | 49.68 | - | $8.66B | 8.21% | -3.10% | -4.14% | 4.56% | -124.68% |
| 2 | WELL Welltower Inc. SPX | 205.33 | 99.19 | $144.95B | 1.44% | 0.26% | 3.67% | 22.69% | 87.90% |
| 3 | PLD Prologis, Inc. SPX | 143.47 | 36.14 | $133.76B | 2.98% | 4.94% | 6.84% | 13.74% | -0.36% |
| 4 | EQIX Equinix, Inc. SPX | 1,068.04 | 74.07 | $105.33B | 1.84% | 5.61% | 10.06% | 8.27% | 24.18% |
| 5 | AMT American Tower Corporation SPX | 186.96 | 30.11 | $87.10B | 3.73% | 7.82% | 29.95% | 3.34% | 12.73% |
| 6 | SPG Simon Property Group, Inc. SPX | 204.91 | 14.25 | $77.86B | 4.29% | 17.44% | 113.59% | 6.35% | 29.32% |
| 7 | DLR Digital Realty Trust, Inc. SPX | 190.00 | 50.53 | $67.96B | 2.57% | 3.99% | 5.69% | 9.22% | 51.32% |
| 8 | O Realty Income Corporation SPX | 61.28 | 50.23 | $57.14B | 5.30% | 3.27% | 2.83% | 19.80% | 6.78% |
| 9 | PSA Public Storage SPX | 303.69 | 31.34 | $53.31B | 3.95% | 10.69% | 20.18% | 4.88% | -25.69% |
Quarterly Results
Figures in USD.
| Metric | Mar 2015 | Jun 2015 | Sep 2015 | Mar 2016 | Jun 2016 | Sep 2016 | Mar 2017 | Jun 2017 | Sep 2017 | Dec 2017 | Mar 2018 | Jun 2018 | Sep 2018 | Dec 2018 | Mar 2019 | Jun 2019 | Sep 2019 | Dec 2019 | Mar 2020 | Jun 2020 | Sep 2020 | Dec 2020 | Mar 2021 | Jun 2021 | Sep 2021 | Mar 2022 | Jun 2022 | Sep 2022 | Mar 2023 | Jun 2023 | Sep 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | - | - | - | - | - | - | 270.88M | 273.06M | 285.37M | 298.79M | 320.14M | 325.03M | 341.82M | 340.46M | 358.84M | 373.86M | 390.48M | 408.11M | 439.92M | 436.96M | 545.04M | 463.72M | 479.85M | 509.62M | 547.76M | 615.07M | 643.76M | 659.85M | 700.79M | 713.90M | 713.79M | 769.11M | 766.73M | - | - | 743.17M | 737.28M | 735.85M | 728.87M | 653.01M |
| Cost of Revenue | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 226.40M | 224.43M | 239.23M | 232.54M | 224.14M |
| Gross Profit | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 516.78M | 512.85M | 496.62M | 496.33M | 428.87M |
| Operating Expenses | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 372.74M | 375.25M | 369.45M | 350.08M | 340.13M |
| Operating Income | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 144.04M | 137.59M | 127.16M | 146.25M | 88.75M |
| EBITDA | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 431.60M | 339.23M | 197.24M | -607.62M | 768.40M |
| Interest Expense | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 50.88M | 55.30M | 54.85M | 65.67M | 64.58M |
| Pretax Income | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 38.66M | -62.19M | -197.84M | -995.35M | 398.38M |
| Tax Provision | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Net Income | 24.52M | 38.17M | 39.53M | 5.94M | -111.62M | 24.48M | 41.71M | 34.22M | 53.77M | - | 135.63M | 54.73M | 213.64M | - | 129.16M | 78.77M | -47.20M | - | 18.77M | 229.65M | 81.06M | - | 8.12M | 385.08M | 103.15M | -149.57M | 272.21M | 344.70M | 77.86M | 89.94M | 24.27M | 170.54M | 46.70M | - | - | -8.94M | -107.00M | -232.75M | -1.08B | 361.65M |
| Diluted EPS | - | - | - | - | - | - | 0.29 | 0.35 | 0.55 | 0.38 | 1.32 | 0.51 | 1.99 | -0.30 | 1.11 | 0.68 | -0.44 | 1.74 | 0.14 | 1.82 | 0.63 | 3.26 | 0.04 | 2.61 | 0.67 | -0.96 | 1.67 | 2.11 | 0.44 | 0.51 | 0.13 | 0.97 | 0.25 | - | - | -0.07 | -0.64 | -1.38 | -6.35 | 2.10 |
Profit & Loss (Annual)
Figures in USD.
| Metric | Dec 2008 | Dec 2009 | Dec 2010 | Dec 2011 | Dec 2012 | Dec 2013 | Dec 2014 | Dec 2015 | Dec 2016 | Dec 2017 | Dec 2018 | Dec 2019 | Dec 2020 | Dec 2021 | Dec 2022 | Dec 2023 | Dec 2024 | Dec 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | - | - | - | - | - | - | - | - | 921.71M | 1.13B | 1.33B | 1.53B | 1.89B | - | 2.58B | 2.84B | 3.05B | 2.95B |
| Cost of Revenue | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 783.15M | 859.18M | 909.26M | 922.61M |
| Gross Profit | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 1.79B | 1.98B | 2.14B | 2.02B |
| Operating Expenses | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 1.18B | 1.29B | 1.37B | 1.47B |
| Operating Income | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 613.46M | 690.45M | 769.70M | 555.04M |
| EBITDA | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 1.77B | 1.45B | 1.90B | 360.45M |
| Interest Expense | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 94.20M | 74.20M | 185.84M | 226.70M |
| Pretax Income | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 670.70M | 280.99M | 510.73M | -1.22B |
| Tax Provision | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Net Income | - | 127.97M | 122.80M | 113.34M | 93.31M | 136.22M | 101.57M | 144.22M | -65.90M | 169.09M | 379.31M | 363.17M | 770.96M | - | 521.66M | 103.64M | 322.95M | -1.43B |
| Diluted EPS | 2.86 | 2.72 | 2.19 | 1.73 | 1.09 | - | - | 1.63 | -1.99 | 1.58 | 3.52 | 3.12 | 6.01 | - | 3.18 | 0.54 | 1.80 | -8.44 |
Compounded Sales Growth
| 5 Years: | 4.56% |
| 1 Year: | -11.50% |
Compounded Profit Growth
| 5 Years: | -124.68% |
| 1 Year: | - |
Stock Price Performance
| 1 Year: | -24.52% |
| 6 Months: | -2.73% |
| 3 Months: | -6.62% |
| 1 Month: | +21.02% |
Balance Sheet (Annual)
Figures in USD.
| Metric | Dec 2007 | Dec 2008 | Dec 2009 | Dec 2010 | Dec 2011 | Dec 2012 | Dec 2013 | Dec 2014 | Dec 2015 | Dec 2016 | Dec 2017 | Dec 2018 | Dec 2019 | Dec 2020 | Dec 2021 | Dec 2022 | Dec 2023 | Dec 2024 | Dec 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total Assets | - | - | 5.46B | 5.91B | 6.57B | 7.15B | 7.53B | 8.14B | 8.88B | 10.35B | 12.10B | 14.46B | 18.39B | 22.83B | - | 35.52B | 36.77B | 37.53B | 34.08B |
| Current Assets | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 973.91M | 781.75M | 783.64M | 939.78M |
| Cash & Equivalents | 8.03M | 71.16M | 70.63M | 91.23M | 78.54M | 140.97M | 57.70M | 86.01M | 125.10M | 125.03M | 254.38M | 234.18M | 189.68M | 568.53M | - | 825.19M | 618.19M | 552.15M | 549.06M |
| Inventory | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Receivables | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 7.61M | 8.21M | 6.41M | 6.67M |
| Total Liabilities | - | - | 3.05B | 2.92B | 3.14B | 3.65B | 3.55B | 4.23B | 4.59B | 4.97B | 5.62B | 6.57B | 8.22B | 9.38B | - | 12.84B | 14.15B | 15.13B | 14.93B |
| Current Liabilities | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 1.67B | 2.00B | 1.96B | 2.18B |
| Long Term Debt | - | - | - | - | 2.78B | 3.18B | 3.06B | 3.68B | 3.97B | 4.16B | 4.76B | 5.48B | 6.78B | 7.56B | - | 10.16B | 11.22B | 12.24B | 12.05B |
| Total Debt | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 10.57B | 11.70B | 12.75B | 12.76B |
| Total Equity | - | - | 2.32B | 2.93B | 3.37B | 3.44B | 3.92B | 3.83B | 3.98B | 4.90B | 5.95B | 7.34B | 8.87B | 11.73B | - | 18.97B | 18.47B | 17.89B | 15.47B |
| Shares Outstanding | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 170.75M | 171.91M | 172.20M | 172.69M |
Cash Flows (Annual)
Figures in USD.
| Metric | Dec 2008 | Dec 2009 | Dec 2010 | Dec 2011 | Dec 2012 | Dec 2013 | Dec 2014 | Dec 2015 | Dec 2016 | Dec 2017 | Dec 2018 | Dec 2019 | Dec 2020 | Dec 2021 | Dec 2022 | Dec 2023 | Dec 2024 | Dec 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | 257.20M | 206.95M | 227.01M | 246.96M | 305.53M | 312.73M | 334.32M | 342.61M | 393.49M | 450.88M | 570.34M | 683.86M | 882.51M | - | 1.29B | 1.63B | 1.50B | 1.41B |
| Investing Cash Flow | -494.93M | -406.57M | -444.75M | -733.58M | -558.10M | -591.38M | -634.83M | -722.39M | -1.50B | -1.74B | -2.16B | -3.64B | -3.28B | - | -5.08B | -2.50B | -1.51B | 362.10M |
| Financing Cash Flow | 300.86M | 198.35M | 237.91M | 479.16M | 314.86M | 197.57M | 331.31M | 419.13M | 1.09B | 1.42B | 1.59B | 2.93B | 2.75B | - | 4.23B | 674.16M | -93.31M | -1.78B |
| Capital Expenditure | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Free Cash Flow | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 1.29B | 1.63B | 1.50B | 1.41B |
| Net Change in Cash | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 443.63M | -195.91M | -99.49M | -7.65M |
| Share Buybacks | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 0 | 0 | 50.11M | 208.19M |
| Dividends Paid | - | 115.00M | 96.20M | 135.20M | 154.30M | 195.00M | 228.30M | 243.10M | 262.80M | 321.80M | 385.80M | 451.20M | 533.00M | 656.00M | 757.70M | 847.50M | 898.60M | - |
Ratios (Annual)
Figures in %.
| Metric | Dec 2008 | Dec 2009 | Dec 2010 | Dec 2011 | Dec 2012 | Dec 2013 | Dec 2014 | Dec 2015 | Dec 2016 | Dec 2017 | Dec 2018 | Dec 2019 | Dec 2020 | Dec 2021 | Dec 2022 | Dec 2023 | Dec 2024 | Dec 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross Margin % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 69.6% | 69.8% | 70.2% | 68.7% |
| Operating Margin % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 23.8% | 24.3% | 25.2% | 18.8% |
| Net Margin % | - | - | - | - | - | - | - | - | -7.1% | 15.0% | 28.6% | 23.7% | 40.9% | - | 20.3% | 3.6% | 10.6% | -48.5% |
| ROE % | - | 5.5% | 4.2% | 3.4% | 2.7% | 3.5% | 2.7% | 3.6% | -1.3% | 2.8% | 5.2% | 4.1% | 6.6% | - | 2.7% | 0.6% | 1.8% | -9.2% |
| ROCE % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 1.8% | 2.0% | 2.2% | 1.7% |
Shareholding Pattern
Top Institutional Holders
| # | Holder | % Held | Shares | Value |
|---|---|---|---|---|
| 1 | Blackrock Inc. | 11.30% | 19.69M | $978.26M |
| 2 | Vanguard Portfolio Management LLC | 7.95% | 13.85M | $688.05M |
| 3 | Vanguard Capital Management LLC | 6.16% | 10.74M | $533.69M |
| 4 | State Street Corporation | 6.12% | 10.66M | $529.71M |
| 5 | Apg Asset Management US Inc. | 4.01% | 6.98M | $346.83M |
| 6 | Invesco Ltd. | 3.92% | 6.83M | $339.13M |
| 7 | Geode Capital Management, LLC | 2.59% | 4.51M | $224.01M |
| 8 | JPMORGAN CHASE & CO | 2.07% | 3.61M | $179.34M |
| 9 | Capital World Investors | 1.85% | 3.23M | $160.38M |
| 10 | Morgan Stanley | 1.60% | 2.78M | $138.18M |
Analyst View
Analyst aggregate. Targets and ratings update periodically; not investment advice.
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