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) Free cash flow
Alexandria Real Estate Equities, Inc.'s free cash flow for fiscal 2025 was $1.9B, up 3,390.2% from $53.4M in fiscal 2024. Over the twelve months to 30 June 2026 it was $1.7B. Over the past ten years it has ranged from −$6.3B (fiscal 2021) to $1.9B (fiscal 2025) — the current reading is the highest in ten years. Free cash flow has risen for 4 consecutive fiscal years. Alexandria Real Estate Equities, Inc. ranks 1st of 18 Reit Office companies by free cash flow.
Free cash flow, annual
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Annual newest first
| Period | Free cash flow | Change |
|---|---|---|
| FY2025 | $1.9B | 3,390.24% |
| FY2024 | $53.4M | — |
| FY2023 | −$857.8M | — |
| FY2022 | −$3.9B | — |
| FY2021 | −$6.3B | — |
| FY2020 | −$2.4B | — |
| FY2019 | −$3.0B | — |
| FY2018 | −$1.4B | — |
| FY2017 | −$1.1B | — |
| FY2016 | −$1.0B | — |
Quarterly newest first
| Period | Free cash flow | Change |
|---|---|---|
| Jun 2026 | −$61.6M | — |
| Mar 2026 | −$349.4M | — |
| Dec 2025 | $2.1B | 3,744.07% |
| Sep 2025 | $53.9M | (49.07%) |
| 42 more quarters | Free account |
Against its own ten years
Free cash flow against peers
| Company | Free cash flow |
|---|---|
| ARE Alexandria Real Estate Equities, Inc. | $1.7B |
| BXP BXP, Inc. compare | $704.4M |
| KRC Kilroy Realty Corporation compare | $207.6M |
| CDP COPT Defense Properties compare | $160.1M |
| DEI Douglas Emmett, Inc. compare | $64.4M |
| VNO Vornado Realty Trust compare | $29.4M |
| CUZ Cousins Properties Incorporated compare | −$45.0M |
| HIW Highwoods Properties, Inc. compare | −$107.9M |
| SLG SL Green Realty Corporation compare | −$392.8M |
What Free cash flow is
Free Cash Flow tells an investor how much cash a company’s operations generate after paying for its investment in physical and intangible assets.
Operating Cash Flow + Property, Plant, Equipment Change (Net) + Intangible Assets Change (Net)
More on ARE
- Revenue
- Net income
- EPS (diluted)
- EBITDA
- 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/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