Alexandria Real Estate Equities Inc
Alexandria Real Estate Equities Inc (ARE) is listed on NYSE and classified in REIT - Office, part of the Real Estate sector. It is headquartered in Pasadena, United States and has 514 employees. The company is worth $7.46B. Revenue was $3.03B in fiscal 2025, down 2.9% from the year before. It reported a net loss of $1.43B. The share price is 44.8% below its 52-week high of $78.51. It pays a dividend yielding 6.65%. 4 of the 38 superinvestors we track held it at the end of Q2 2026. The largest position belongs to Cliff Asness (AQR Capital Management), at $404.2M. In that quarter, 1 of them opened or added to the position and 3 reduced it. No open-market insider trades in it were filed over the last 30 days.
Written from the data on this page: SEC filings (13F, Form 4, annual reports) and market prices.
Year by year, from the annual reports; dividends from the payments themselves.
Bars are year-end balances; lines are what happened during the year.
Major managers that reported this stock in their latest 13F.
▼ -79.2% over 5Y.
today you would have $256.97▼ -74.3%
Dividends reinvested, splits accounted for. Past prices say what happened, not what will.
The last 18 closed years, each at that year’s closing price and reported numbers.
| Indicator | Median | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Year-end price | $48.94 | $97.55 | $126.77 | $145.67 | $222.96 | $178.22 | $161.58 | $115.24 | $130.59 | $111.13 | $90.36 | $88.74 | $63.62 | $69.32 | $68.97 | $73.26 | $64.29 | $60.34 |
Seven formulas applied to the reported numbers, each with its assumption next to the result. None of them predicts a price.
This formula has no meaning here — usually a loss, negative cash flow, or a missing input.
This formula has no meaning here — usually a loss, negative cash flow, or a missing input.
This formula has no meaning here — usually a loss, negative cash flow, or a missing input.
This formula has no meaning here — usually a loss, negative cash flow, or a missing input.
Cash flow growing 5.0% a year for 10 years, discounted at 10%, then 2.5% forever.
This formula has no meaning here — usually a loss, negative cash flow, or a missing input.
Companies of similar size in Real Estate, for comparison. The columns are the same ones above, in the same order.
| Stock | Price | P/E | P/B | Dividend yield | ROE | Market cap |
|---|---|---|---|---|---|---|
| FRFirst Industrial Realty Trust Inc | $55.29 | 20.1x | 2.7x | 3.62% | 13.63% | $7.58B |
| COMPCompass, Inc. | $9.97 | 166.2x | 2.5x | 0.00% | 3.63% | $7.65B |
| STAGSTAG Industrial, Inc. | $36.51 | 28.1x | 1.9x | 4.25% | 6.98% | $7.19B |
| TRNOTerreno Realty Corp | $65.64 |
| P/E | 45.8x | — | 54.2x | 234.8x | 45.8x | 58.4x | 29.7x | 51.8x | 32.7x | 82.7x | — | 55.4x | 87.9x | 39.8x | 63.6x | 39.9x | 33.5x | 23.6x | 21.1x |
| P/S | 8.8x | 2.8x | 5.4x | 7.7x | 9.7x | 16.9x | 12.9x | 12.9x | 9.8x | 11.7x | 10.7x | 7.9x | 8.8x | 7.2x | 7.7x | 8.0x | 8.8x | 5.9x | — |
| P/B | 1.4x | 0.5x | 0.9x | 1.2x | 1.3x | 2.2x | 2.1x | 2.2x | 1.8x | 2.2x | 2.0x | 1.7x | 1.7x | 1.2x | 1.3x | 1.3x | 1.4x | 1.2x | — |
| EPS | -$8.44 | $1.80 | $0.54 | $3.18 | $3.82 | $6.01 | $3.12 | $3.52 | $1.58 | -$1.99 | $1.63 | $1.01 | $1.60 | $1.09 | $1.73 | $2.19 | $2.72 | $2.86 |
| Dividend yield | 3.13% | 9.56% | 5.32% | 3.91% | 3.24% | 2.01% | 2.38% | 2.48% | 3.24% | 2.64% | 2.91% | 3.38% | 3.25% | 4.10% | 3.02% | 2.70% | 2.05% | 2.88% | 5.27% |
| Payout | 138.32% | — | 288.33% | 918.52% | 148.43% | 117.28% | 70.55% | 128.21% | 105.97% | 218.35% | — | 187.12% | 285.15% | 163.13% | 191.74% | 107.51% | 68.49% | 68.01% | 111.19% |
| Profit margin | 20.63% | -47.23% | 10.36% | 3.59% | 20.15% | 27.02% | 40.89% | 23.72% | 28.57% | 14.99% | -7.15% | 17.10% | 13.97% | 21.58% | 16.24% | 21.11% | 26.66% | 26.57% | 26.38% |
| ROE | 3.42% | -9.24% | 1.81% | 0.56% | 2.75% | 3.53% | 6.57% | 4.10% | 5.17% | 2.84% | -1.35% | 3.63% | 2.65% | 3.48% | 2.71% | 3.36% | 4.19% | 5.51% | 6.90% |
Median of the years shown; P/E years above 200x are left out.
Dividend growing 4.1% a year against a 9.9% required return, from the stock’s beta.
The average of the method families that answered, not of the seven numbers: four of the seven start from the same earnings per share.
2 methods answered, across 2 families.
Room for errors in the reported numbers.
+71.8% from the average.
Models, not forecasts, and not investment advice. How each formula works →
| 17.6x |
| 1.6x |
| 3.47% |
| 9.28% |
| $7.15B |
| MACMacerich Co | $23.95 | — | 2.4x | 2.84% | -6.18% | $7.07B |
| NNNNNN REIT Inc | $42.13 | 20.2x | 1.8x | 5.89% | 8.72% | $8.02B |