Alexandria Real Estate Equities, Inc. (ARE)
NYSE: ARE · Real-Time Price · USD
40.41
-5.15 (-11.30%)
At close: Apr 28, 2026, 4:00 PM EDT
40.64
+0.23 (0.57%)
After-hours: Apr 28, 2026, 7:47 PM EDT

ARE Income Statement

Millions USD. Fiscal year is Jan - Dec.
Fiscal Year
TTM FY 2025 FY 2024 FY 2023 FY 2022 FY 2021 2020 - 2016
Period Ending
Mar '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21 2020 - 2016
Rental Revenue
2,8552,9453,0502,8422,5762,108
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Other Revenue
75.1471.7573.7544.2213.5718.16
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Total Revenue
2,9303,0173,1232,8872,5902,126
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Revenue Growth (YoY
-5.84%-3.41%8.20%11.47%21.78%12.28%
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Property Expenses
920.35922.61909.27859.18783.15623.56
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Selling, General & Administrative
121.06117.05168.36199.35177.28151.46
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Depreciation & Amortization
1,3141,3501,2021,0931,002821.06
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Total Operating Expenses
2,3552,3902,2802,1521,9631,596
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Operating Income
574.88626.8843.45734.67627.03530.33
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Interest Expense
-240.41-226.7-185.84-74.2-94.2-142.17
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Interest & Investment Income
-----259.48
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EBT Excluding Unusual Items
334.48400.1657.61660.47532.83647.64
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Gain (Loss) on Sale of Investments
-10.93-56.34-53.12-195.4-331.76-
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Gain (Loss) on Sale of Assets
629.28642.45129.31277.04537.92126.57
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Asset Writedown
-2,176-2,203-223.07-461.11-64.97-52.68
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Other Unusual Items
366.33-0.11---3.32-67.25
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Pretax Income
-857.01-1,217510.73280.99670.7654.28
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Earnings From Continuing Operations
-857.01-1,217510.73280.99670.7654.28
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Net Income to Company
-857.01-1,217510.73280.99670.7654.28
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Minority Interest in Earnings
-201.97-212.84-187.78-177.36-149.04-83.04
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Net Income
-1,059-1,430322.95103.64521.66571.25
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Preferred Dividends & Other Adjustments
8.548.4213.3911.28.397.85
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Net Income to Common
-1,068-1,438309.5692.44513.27563.4
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Net Income Growth
--211.61%-80.13%-8.68%-25.90%
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Basic Shares Outstanding
170170172171162147
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Diluted Shares Outstanding
170170172171162147
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Shares Change (YoY)
-0.81%-1.03%0.68%5.72%9.63%16.58%
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EPS (Basic)
-6.27-8.441.800.543.183.83
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EPS (Diluted)
-6.27-8.441.800.543.183.82
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EPS Growth
--233.15%-82.99%-16.89%-36.44%
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Dividend Per Share
4.0804.6805.1904.9604.7204.480
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Dividend Growth
-22.14%-9.83%4.64%5.08%5.36%5.66%
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Operating Margin
19.62%20.78%27.00%25.45%24.21%24.94%
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Profit Margin
-36.43%-47.66%9.91%3.20%19.82%26.50%
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EBITDA
1,8611,9401,9601,7351,5551,297
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EBITDA Margin
63.50%64.29%62.76%60.10%60.04%60.98%
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D&A For Ebitda
1,2861,3131,1171,000927.8766.28
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EBIT
574.88626.8843.45734.67627.03530.33
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EBIT Margin
19.62%20.78%27.00%25.45%24.21%24.94%
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Funds From Operations (FFO)
1,6661,3111,4321,229879.571,203
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FFO Per Share
9.777.698.327.195.448.16
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Adjusted Funds From Operations (AFFO)
-1,5351,6291,5321,3621,145
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AFFO Per Share
8.449.019.478.978.427.76
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FFO Payout Ratio
48.33%69.54%62.76%68.93%86.15%54.51%
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Revenue as Reported
2,9393,0273,1162,8862,5892,114
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Source: S&P Capital IQ. Real Estate template. Financial Sources.