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.
Follow ARE
Alexandria Real Estate Equities, Inc. (ARE) Free cash flow margin
Alexandria Real Estate Equities, Inc.'s free cash flow margin over the twelve months to 30 June 2026 was 60.5%, down 1.1 percentage points from fiscal 2025 (61.6%). Over the past ten years it has ranged from −299.1% (fiscal 2021) to 61.6% (fiscal 2025) — the current reading is the highest in ten years. That is above the Reit Office industry median of 16.4% and above the Real Estate sector median of 9.94%.
Free cash flow margin, annual
Embed this chart
Annual newest first
| Period | Free cash flow margin | Change (points) |
|---|---|---|
| FY2025 | 61.6% | 59.88 |
| FY2024 | 1.71% | 31.43 |
| FY2023 | −29.7% | 120.79 |
| FY2022 | −150.5% | 148.60 |
| FY2021 | −299.1% | (172.56) |
| FY2020 | −126.6% | 68.36 |
| FY2019 | −194.9% | (91.42) |
| FY2018 | −103.5% | (5.72) |
| FY2017 | −97.8% | 15.59 |
| FY2016 | −113.4% | (72.96) |
Against its own ten years
Free cash flow margin against peers
| Company | Free cash flow margin |
|---|---|
| ARE Alexandria Real Estate Equities, Inc. | 60.5% |
| CDP COPT Defense Properties compare | 20.4% |
| BXP BXP, Inc. compare | 20.0% |
| KRC Kilroy Realty Corporation compare | 19.0% |
| DEI Douglas Emmett, Inc. compare | 6.39% |
| VNO Vornado Realty Trust compare | 1.61% |
| CUZ Cousins Properties Incorporated compare | −4.34% |
| HIW Highwoods Properties, Inc. compare | −12.9% |
| SLG SL Green Realty Corporation compare | −37.8% |
| Reit Office industry median | 16.4% |
| Real Estate sector median | 9.94% |
| Market median | 0.00% |
What Free cash flow margin is
Free Cash Flow Margin tells an investor how much of each sale turns into cash the company keeps after paying for investment in its assets.
(Operating Cash Flow + Property, Plant, Equipment Change (Net) + Intangible Assets Change (Net)) ÷ Revenue
More on ARE
- Revenue
- Net income
- EPS (diluted)
- EBITDA
- Free cash flow
- Operating cash flow
- Gross margin
- Operating margin
- Net margin
- P/E ratio
- P/S ratio
- P/B ratio
- Price to free cash flow
- EV/EBITDA
- 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