Alexandria Real (ARE) | Financial Analysis & Statements

Alexandria Real Estate Equities, Inc. | Large-cap | Real Estate

$76.92

0.85%

Alexandria Real vs Boston Properties Alexandria Real vs Vornado Realty Trust Alexandria Real vs Cousins Properties Alexandria Real vs SL Green Realty Alexandria Real vs Kilroy Realty Alexandria Real vs S&P 500 | Market

Overview Income Statement Balance Sheet Cash Flow Key Ratios Peer Comparison

Financial Overview

Latest Annual: 2024

Income Metrics

Revenue 3.0B

Gross Profit 2.1B 70.19%

Operating Income 769.7M 25.24%

Net Income 510.7M 16.75%

EPS (Diluted) $1.80

Balance Sheet Metrics

Total Assets 37.5B

Total Liabilities 15.1B

Shareholders Equity 22.4B

Debt to Equity 0.68

Cash Flow Metrics

Operating Cash Flow 1.4B

Free Cash Flow 1.5B

Revenue & Profitability Trend

Alexandria Real Income Statement From 2020 to 2024

Metric	2024	2023	2022	2021	2020
Revenue	3.0B	2.9B	2.6B	2.1B	1.9B
Cost of Goods Sold	909.3M	859.2M	783.2M	623.6M	530.2M
Gross Profit	2.1B	2.0B	1.8B	1.5B	1.4B
Operating Expenses	168.4M	199.4M	177.3M	151.5M	133.3M
Operating Income	769.7M	733.7M	626.4M	518.1M	524.0M
Pre-tax Income	510.7M	281.0M	670.7M	654.3M	827.2M
Income Tax	-	-	-	-	-
Net Income	510.7M	281.0M	670.7M	654.3M	827.2M
EPS (Diluted)	$1.80	$0.54	$3.18	$3.82	$6.01

Income Statement Trend

Alexandria Real Balance Sheet From 2020 to 2024

Metric	2024	2023	2022	2021	2020
Assets
Current Assets	783.6M	781.8M	973.9M	707.2M	727.8M
Non-Current Assets	36.7B	36.0B	34.5B	29.5B	22.1B
Total Assets	37.5B	36.8B	35.5B	30.2B	22.8B
Liabilities
Current Liabilities	2.0B	2.0B	1.7B	1.7B	1.1B
Non-Current Liabilities	13.2B	12.1B	11.2B	9.5B	8.2B
Total Liabilities	15.1B	14.1B	12.8B	11.2B	9.4B
Equity
Total Shareholders Equity	22.4B	22.6B	22.7B	19.0B	13.4B

Balance Sheet Composition

Alexandria Real Cash Flow Statement From 2020 to 2024

Metric	2024	2023	2022	2021	2020
Operating Activities
Net Income	510.7M	281.0M	670.7M	654.3M	827.2M
Operating Cash Flow	1.4B	1.2B	1.4B	1.3B	1.4B
Investing Activities
Capital Expenditures	-	-	-	-	-
Investing Cash Flow	-59.6M	-12.3M	110.4M	226.6M	-9.3M
Financing Activities
Dividends Paid	-898.6M	-847.5M	-757.7M	-656.0M	-533.0M
Financing Cash Flow	-13.2B	-9.7B	-11.9B	-28.4B	-23.8B
Free Cash Flow	1.5B	1.6B	1.3B	1.0B	882.5M

Cash Flow Trend

Alexandria Real Key Financial Ratios

Valuation Ratios

P/E Ratio (TTM) 95.95

Forward P/E 21.20

Price to Book 0.71

Price to Sales 4.05

PEG Ratio 21.20

Profitability Ratios

Profit Margin 4.61%

Operating Margin 20.92%

Return on Equity 1.48%

Return on Assets 1.30%

Financial Health

Current Ratio 3.38

Debt to Equity 61.19

Beta 1.27

Per Share Data

EPS (TTM) $0.76

Book Value per Share $102.66

Revenue per Share $18.12

Peer Financial Comparison

Company	Market Cap	P/E Ratio	P/B Ratio	ROE	Profit Margin	Debt/Equity
are	12.6B	95.95	0.71	1.48%	4.61%	61.19
Boston Properties	12.5B	727.89	2.11	0.80%	-0.13%	209.43
Vornado Realty Trust	8.0B	73.96	1.79	2.00%	8.62%	137.74
Cousins Properties	5.1B	92.39	1.06	1.16%	6.00%	63.49
SL Green Realty	4.8B	654.88	1.24	-0.22%	-0.51%	139.66
Kilroy Realty	4.2B	20.88	0.77	3.94%	17.74%	84.70

Financial data is updated regularly. All figures are in the company's reporting currency.