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) P/B ratio
As of 9 October 2026, Alexandria Real Estate Equities, Inc. (ARE) trades at a P/B ratio of 0.4×. Over the past ten years it has ranged from 0.4× (April 2026) to 2.2× (November 2016); the current reading is higher than 1% of that period. That is below the Reit Office industry median of 0.8× and below the Real Estate sector median of 1.1×.
P/B ratio, daily
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Annual newest first
| Period | P/B ratio | Change |
|---|---|---|
| FY2025 | 0.4× | (41.82%) |
| FY2024 | 0.8× | (23.27%) |
| FY2023 | 1.0× | (4.86%) |
| FY2022 | 1.0× | (40.33%) |
| FY2021 | 1.7× | 2.91% |
| FY2020 | 1.7× | (6.29%) |
| FY2019 | 1.8× | 17.61% |
| FY2018 | 1.5× | (18.35%) |
| FY2017 | 1.9× | 13.87% |
| FY2016 | 1.6× | (1.16%) |
Quarterly newest first
| Period | P/B ratio | Change |
|---|---|---|
| Jun 2026 | 0.5× | 15.03% |
| Mar 2026 | 0.4× | (6.23%) |
| Dec 2025 | 0.4× | (35.20%) |
| Sep 2025 | 0.7× | 18.43% |
| 42 more quarters | Free account |
Against its own ten years
P/B ratio against peers
| Company | P/B ratio |
|---|---|
| ARE Alexandria Real Estate Equities, Inc. | 0.4× |
| DEI Douglas Emmett, Inc. compare | 0.5× |
| KRC Kilroy Realty Corporation compare | 0.7× |
| SLG SL Green Realty Corporation compare | 0.8× |
| CUZ Cousins Properties Incorporated compare | 1.0× |
| BXP BXP, Inc. compare | 1.2× |
| HIW Highwoods Properties, Inc. compare | 1.2× |
| VNO Vornado Realty Trust compare | 1.3× |
| CDP COPT Defense Properties compare | 2.4× |
| Reit Office industry median | 0.8× |
| Real Estate sector median | 1.1× |
| Market median | 1.8× |
What P/B ratio is
Price to Book Value tells an investor how much the market pays for a company’s shares relative to the accounting net worth that belongs to common shareholders.
Stock Price ÷ (Common Equity (Total) (latest quarter) ÷ Shares (Basic, Weighted) (latest quarter))
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
- 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