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XNYSARE
Market cap16bUSD
Jan 10, Last price  
94.99USD
1D
-2.46%
1Q
-19.23%
Jan 2017
-14.52%
Name

Alexandria Real Estate Equities Inc

Chart & Performance

D1W1MN
XNYS:ARE chart
P/E
160.18
P/S
5.75
EPS
0.59
Div Yield, %
5.11%
Shrs. gr., 5y
10.59%
Rev. gr., 5y
16.80%
Revenues
2.89b
+11.46%
154,614,000194,968,000245,450,000316,973,000-78,791,000491,394,000487,303,000510,036,000586,073,000631,151,000726,877,000819,554,000897,893,0001,124,511,0001,327,459,0001,531,296,0001,885,637,0002,114,150,0002,588,962,0002,885,699,000
Net income
104m
-80.13%
60,195,00063,433,00073,416,00093,724,000116,298,000134,601,000135,293,000131,418,000102,126,000136,217,000101,574,000144,217,000-65,901,000169,093,000517,346,000179,354,000591,202,000416,827,000521,660,000103,639,000
CFO
1.63b
+25.98%
67,752,000120,678,000128,390,000185,382,000232,709,000205,950,000219,346,000246,960,000305,533,000312,727,000334,325,000342,611,000392,501,000450,325,000570,339,000683,857,000882,510,0001,010,197,0001,294,321,0001,630,550,000
Dividend
Sep 30, 20241.3 USD/sh
Earnings
Jan 27, 2025

Profile

Alexandria Real Estate Equities, Inc. (NYSE:ARE), an S&P 500® 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.
IPO date
May 28, 1997
Employees
593
Domiciled in
US
Incorporated in
US

Valuation

Title
USD in thousands, except ratios and share amounts
FYFYFYFYFYFYFYFYFY
2023‑122022‑122021‑122020‑122019‑122018‑122017‑122016‑122015‑12
Income
Revenues
2,885,699
11.46%
2,588,962
22.46%
Cost of revenue
1,058,534
960,431
Unusual Expense (Income)
NOPBT
1,827,165
1,628,531
NOPBT Margin
63.32%
62.90%
Operating Taxes
94,203
Tax Rate
5.78%
NOPAT
1,827,165
1,534,328
Net income
103,639
-80.13%
521,660
25.15%
Dividends
(847,483)
(757,742)
Dividend yield
3.91%
3.22%
Proceeds from repurchase of equity
103,846
2,299,155
BB yield
-0.48%
-9.76%
Debt
Debt current
22,643
350,038
Long-term debt
12,058,765
10,566,462
Deferred revenue
18,321
Other long-term liabilities
1,703,621
1,837,713
Net debt
9,975,920
8,437,798
Cash flow
Cash from operating activities
1,630,550
1,294,321
CAPEX
Cash from investing activities
(2,500,619)
(5,080,458)
Cash from financing activities
674,156
4,229,772
FCF
(30,613,296)
943,806
Balance
Cash
618,190
825,193
Long term investments
1,487,298
1,653,509
Excess cash
1,961,203
2,349,254
Stockholders' equity
4,137,641
6,198,372
Invested Capital
34,063,936
32,699,827
ROIC
5.47%
5.12%
ROCE
5.07%
4.91%
EV
Common stock shares outstanding
170,909
161,659
Price
126.77
-12.97%
145.67
-34.67%
Market cap
21,666,134
-8.00%
23,548,867
-28.37%
EV
35,793,872
35,697,525
EBITDA
2,827,307
2,556,331
EV/EBITDA
12.66
13.96
Interest
74,204
94,203
Interest/NOPBT
4.06%
5.78%