ARE
Alexandria Real Estate Equities Inc
NYSE: ARE · REAL ESTATE · REIT - OFFICE
$41.05
+1.58% today
Updated 2026-04-29
Market cap
$7.15B
P/E ratio
—
P/S ratio
2.44x
EPS (TTM)
$-6.27
Dividend yield
10.10%
52W range
$39 – $84
Volume
2.5M
Alexandria Real Estate Equities Inc (ARE) Financial statements
SEC filings — annual and quarterly data.
Cash flow — annual
| Item | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating cash flow | $128.39M | $185.38M | $232.71M | $205.95M | $219.35M | $246.96M | $305.53M | $312.73M | $334.32M | $342.61M | $392.50M | $450.32M | $570.34M | $683.86M | $882.51M | $1.01B | $1.29B | $1.63B | $1.50B | $1.41B |
| Capital expenditures | $978.28M | $950.02M | $548.76M | $446.13M | $717.10M | $735.07M | $555.02M | $561.49M | $544.08M | $683.34M | $1.44B | $1.55B | $1.94B | $3.48B | $3.27B | $7.33B | $6.19B | $2.49B | $2.67B | $1.87B |
| Depreciation | $77.68M | $95.27M | $108.74M | $118.51M | $126.64M | $158.03M | $192.00M | $190.78M | $224.10M | $261.29M | $313.39M | $416.78M | $477.66M | $544.61M | $698.10M | $821.06M | $927.80M | $1.00B | $1.12B | $1.35B |
| Stock-based comp | — | $11.18M | $13.68M | $14.05M | $10.82M | $11.76M | $14.16M | $15.55M | $14.00M | $17.51M | $25.43M | $25.61M | $35.02M | $43.64M | $43.50M | $48.67M | $57.74M | $82.86M | $59.63M | $41.12M |
| Free cash flow | $-849.89M | $-764.64M | $-316.05M | $-240.18M | $-497.76M | $-488.11M | $-249.49M | $-248.76M | $-209.75M | $-340.73M | $-1.04B | $-1.10B | $-1.37B | $-2.79B | $-2.39B | $-6.32B | $-4.89B | $-857.75M | $-1.17B | $-456.88M |
| Investing cash flow | $-970.59M | $-946.99M | $-467.55M | $-409.92M | $-436.65M | $-733.58M | $-558.10M | $-591.38M | $-634.83M | $-722.39M | $-1.50B | $-1.74B | $-2.16B | $-3.64B | $-3.28B | $-7.11B | $-5.08B | $-2.50B | $-1.51B | $527.59M |
| Financing cash flow | $841.24M | $766.68M | $297.97M | $203.44M | $237.91M | $479.16M | $314.86M | $197.57M | $331.31M | $419.13M | $1.11B | $1.42B | $1.59B | $2.93B | $2.75B | $5.92B | $4.23B | $674.16M | $-93.31M | $-1.95B |
| Dividends paid | $87.58M | $102.63M | $126.08M | $118.85M | $100.46M | $136.51M | $154.32M | $194.96M | $228.27M | $243.09M | $262.76M | $321.75M | $385.84M | $451.17M | $532.98M | $655.97M | $757.74M | $847.48M | $898.56M | $911.45M |
| Share repurchases | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Debt repayment | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Net change in cash | — | — | — | — | $20.60M | — | $62.43M | $-83.28M | $28.32M | $39.09M | $-66000.00 | $129.35M | $-5.06M | $-29.44M | $355.02M | — | $443.63M | — | — | — |