Alexandria Real Estate Equities, Inc. (ARE) vs Douglas Emmett, Inc. (DEI)

Alexandria Real Estate Equities, Inc. and Douglas Emmett, Inc. are both Reit Office companies. Alexandria Real Estate Equities, Inc. is the larger, with a market value of $8.0B against $1.7B — 4.8× the size. Douglas Emmett, Inc. grew revenue faster over the last twelve months: 0.78% against −8.40%. Douglas Emmett, Inc. has the higher net margin (−2.28% vs −36.3%) and the higher return on invested capital (1.35% vs 1.06%). Both pay a dividend; Douglas Emmett, Inc. yields more (7.80% vs 6.33%). Across the 22 metrics below, Douglas Emmett, Inc. leads on 12 and Alexandria Real Estate Equities, Inc. on 10.

Valuation

Metric ARE DEI Reit Office median
P/E n/m n/m 36.91
P/S 2.74 1.62 2.70
P/B 0.41 0.46 0.78
Price to free cash flow 4.53 25.33 13.79
EV/EBITDA 11.16 11.71 12.55
EV/Sales 7.08 6.95 6.97
Earnings yield (13.32%) (1.54%) (3.58%)
Free cash flow yield 22.10% 3.95% 5.98%

Profitability

Metric ARE DEI Reit Office median
Gross margin 68.20% 63.18% 60.53%
Operating margin 18.87% 19.00% 16.84%
Net margin (36.32%) (2.28%) (8.23%)
Free cash flow margin 60.45% 6.39% 16.39%
Return on equity (5.05%) (0.65%) (2.66%)
Return on assets (2.86%) (0.24%) (0.95%)
Return on invested capital 1.06% 1.35% 1.32%

Growth

Metric ARE DEI Reit Office median
Revenue growth (TTM) (8.40%) 0.78% 1.08%
EPS growth (last fiscal year) (568.89%) (30.77%) 8.90%
Revenue growth, 5-year CAGR 9.93% 2.40% 4.37%
Net income growth, 5-year CAGR 0.00% (20.25%) 0.00%

Health

Metric ARE DEI Reit Office median
Debt to equity 0.67 1.63 1.20
Current ratio 0.19 2.60 2.43
Net debt to EBITDA 6.02 8.73 6.91

Dividend

Metric ARE DEI Reit Office median
Dividend yield 6.33% 7.80% 4.82%
Payout ratio — — 1.67

Size

Metric ARE DEI Reit Office median
Market cap 7.95b 1.66b 1.40b

Compare with another peer

Any metric, up to five companies and an Excel export Powerpack