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Saturday 31 October 2026 Export ARE’s income statement to Excel — free account

Alexandria Real Estate Equities, Inc.

ARE Real Estate Reit Office

Alexandria Real Estate Equities, Inc.’s revenue for fiscal 2025 (year ended December 2025) was $3.0 billion, down 2.88% from fiscal 2024. In the quarter to June 2026, revenue fell 13.0%, EPS grew 32.8%, free cash flow fell 158.1% and total debt fell 3.62%, each against the same quarter a year earlier. Member of the S&P 500; insiders bought in the last twelve months.

40.15 0.45 −1.11%
Market cap
$7.1B
P/E
0.0×
Fwd P/E
0.0×
Dividend yield
7.17%
F-score
5/9
Altman Z
n/a
Beneish M
n/a
Dividend safety
n/a
Overview Business Profile Financial Analysis
Financials
Income Statement Balance Sheet Cash Flow Metrics & Ratios
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Alexandria Real Estate Equities, Inc. (ARE) EV/EBITDA

Alert me on EV/EBITDA

As of 30 October 2026, Alexandria Real Estate Equities, Inc. (ARE) trades at a EV/EBITDA of 10.7×. Over the past ten years it has ranged from 10.0× (March 2026) to 34.6× (December 2021); the current reading is higher than 2% of that period. That is below the Reit Office industry median of 12.9× and below the Real Estate sector median of 15.4×.

EV/EBITDA, daily

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Annual newest first

Period EV/EBITDA Change
FY2025 10.3× (29.01%)
FY2024 14.4× (22.83%)
FY2023 18.7× (9.99%)
FY2022 20.8× (34.62%)
FY2021 31.8× 26.55%
FY2020 25.1× (2.97%)
FY2019 25.9× 27.66%
FY2018 20.3× (11.21%)
FY2017 22.8× 7.46%
FY2016 21.3× 9.39%

Quarterly newest first

Period EV/EBITDA Change
Jun 2026 11.9× 11.95%
Mar 2026 10.6× 3.36%
Dec 2025 10.3× (25.31%)
Sep 2025 13.7× 9.32%
42 more quarters

Against its own ten years

Low 10.0× High 34.6×
Ten-year median 22.0×
Current reading's percentile 2

EV/EBITDA against peers

Company EV/EBITDA
ARE Alexandria Real Estate Equities, Inc. 10.7×
DEI Douglas Emmett, Inc. compare 11.8×
CUZ Cousins Properties Incorporated compare 12.9×
HIW Highwoods Properties, Inc. compare 13.0×
KRC Kilroy Realty Corporation compare 13.1×
BXP BXP, Inc. compare 13.2×
CDP COPT Defense Properties compare 15.3×
VNO Vornado Realty Trust compare 17.5×
SLG SL Green Realty Corporation compare 23.5×
Reit Office industry median 12.9×
Real Estate sector median 15.4×
Market median 11.2×

What EV/EBITDA is

Enterprise Value over EBITDA tells an investor how the market values a whole company, with debt added and cash taken off, against its operating earnings.

((Stock Price × Shares (Basic, Weighted) (latest quarter)) + (Long Term Debt (Total) (latest quarter) + Current Part of Debt (latest quarter)) − Cash & Short Term Investments (latest quarter)) ÷ EBITDA (TTM)

The full definition of EV/EBITDA →

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