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ALEXANDRIA REAL ESTATE EQUITIES, INC. ARE

NYSE · reit · Real Estate Investment Trusts · website · IPO 1997-05-28 · LEI

ALEXANDRIA REAL ESTATE EQUITIES, INC. statistics & valuation

Market cap$9.7B
P / S3.2×
P / B0.5×
Dividend yield9.41%
Net margin-47.2%
Return on equity-7.5%
Net debt$11.9B
Enterprise value USD$21.5B

Market cap as of 2026-06-30. Multiples are price-derived and refreshed daily; everything else from the latest financial reports.

Profitability & efficiency

Net margin (%)
-7.10% 15.00% 28.60% 23.70% 40.90% 27.00% 20.10% 3.60% 10.40% -47.20% 2016201720182019202020212022202320242025
Gross margin (%)
2016201720182019202020212022202320242025
Operating margin (%)
2016201720182019202020212022202320242025
Return on equity (%)
-1.20% 2.60% 4.80% 3.60% 5.70% 3.00% 2.30% 0.50% 1.40% -7.50% 2016201720182019202020212022202320242025
Shares outstanding
87.7M 99.8M 111.0M 120.8M 136.7M 158.0M 170.7M 171.9M 172.2M 170.5M 2016201720182019202020212022202320242025
Net debt ($)
$4.04B $4.51B $5.24B $6.59B $6.99B $8.43B $9.33B $10.70B $11.69B $11.85B 2016201720182019202020212022202320242025
Share buybacks ($)
2016201720182019202020212022202320242025
Return on assets (%)
-0.60% 1.40% 2.60% 2.00% 3.40% 1.90% 1.50% 0.30% 0.90% -4.20% 2016201720182019202020212022202320242025
Free cash flow margin (%)
2016201720182019202020212022202320242025
Debt / equity (×)
0.78× 0.74× 0.69× 0.67× 0.56× 0.46× 0.45× 0.50× 0.55× 0.65× 2016201720182019202020212022202320242025
EPS ($)
-$1.99 $1.58 $3.52 $3.12 $6.01 $3.82 $3.18 $0.54 $1.80 -$8.44 2016201720182019202020212022202320242025

Margins and returns computed from annual filings. Falling shares outstanding = buybacks; rising = dilution. Net debt = debt − cash (negative = net cash).

P / E vs its own history

ALEXANDRIA REAL ESTATE EQUITIES, INC. trades at about 26.9× earnings — below its 10-year norm (10-year range 27.8×–223.9×, median 52.3×).

26.9× 223.9×

Shaded band = 10-year range (27.8×–223.9×); dot = today's 26.9×.

Historical P/E = month-end price near each fiscal year-end ÷ that year's EPS. A read on whether the stock is cheap or dear relative to how it has typically been valued — not a forecast.

Key ratios (by fiscal year)

RatioFY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Net margin-47.2%10.4%3.6%20.1%27.0%40.9%23.7%28.6%15.0%-7.1%
Return on assets-4.2%0.9%0.3%1.5%1.9%3.4%2.0%2.6%1.4%-0.6%
Return on equity-7.5%1.4%0.5%2.3%3.0%5.7%3.6%4.8%2.6%-1.2%
Debt / equity0.65×0.55×0.50×0.45×0.46×0.56×0.67×0.69×0.74×0.78×

Computed from company filings · US · as of 2025-12-31. Facts plus Stocktoria's own computed scores — not investment advice.