Alexandria Real Estate Equities, Inc.
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.
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Alexandria Real Estate Equities, Inc. (ARE) EV/EBITDA
As of 9 October 2026, Alexandria Real Estate Equities, Inc. (ARE) trades at a EV/EBITDA of 11.2×. Over the past ten years it has ranged from 10.0× (March 2026) to 34.6× (December 2021); the current reading is higher than 5% of that period. That is below the Reit Office industry median of 12.6× and below the Real Estate sector median of 15.0×.
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 | Free account |
Against its own ten years
EV/EBITDA against peers
| Company | EV/EBITDA |
|---|---|
| ARE Alexandria Real Estate Equities, Inc. | 11.2× |
| DEI Douglas Emmett, Inc. compare | 11.7× |
| CUZ Cousins Properties Incorporated compare | 12.4× |
| HIW Highwoods Properties, Inc. compare | 12.6× |
| KRC Kilroy Realty Corporation compare | 12.8× |
| BXP BXP, Inc. compare | 12.9× |
| CDP COPT Defense Properties compare | 15.3× |
| VNO Vornado Realty Trust compare | 17.3× |
| SLG SL Green Realty Corporation compare | 23.1× |
| Reit Office industry median | 12.6× |
| Real Estate sector median | 15.0× |
| Market median | 11.1× |
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)
More on ARE
- Revenue
- Net income
- EPS (diluted)
- EBITDA
- Free cash flow
- Operating cash flow
- Gross margin
- Operating margin
- Net margin
- Free cash flow margin
- P/E ratio
- P/S ratio
- P/B ratio
- Price to free cash flow
- EV/Sales
- EV/FCF
- Return on equity
- Return on assets
- Return on invested capital
- Debt to equity
- Current ratio
- Total debt
- Shares outstanding
- Book value per share
- Revenue growth
- Piotroski F-score
- The full statement