Alexandria Real Estate Equities, Inc. ARE
Alexandria Real Estate Equities, Inc. (NYSE:ARE), an S&P 500® real estate investment trust, stands as the pioneering and most seasoned entity in the specialized domain of urban office properties. Since its inception in 1994, Alexandria has uniquely focused on the ownership, operation, and development of integrated campuses tailored for the life science, technology, and agtech sectors, strategically positioned within premier innovation ecosystems. By December 31, 2020, the company commanded a market capitalization of $31.9 billion and managed an extensive North American asset portfolio totaling 49.7 million square feet. This substantial base encompasses 31.9 million RSF of operational properties, 3.3 million RSF of premium Class A spaces currently under construction, 7.1 million RSF designated for near-to-mid-term development and refurbishment, and an additional 7.4 million SF earmarked for future projects. Alexandria has cultivated a significant footprint across vital innovation hubs such as Greater Boston, San Francisco, New York City, San Diego, Seattle, Maryland, and Research Triangle. Its established expertise lies in crafting superior Class A facilities within these urban campuses, fostering dynamic and collaborative environments. These spaces are instrumental in empowering innovative tenants to successfully attract and retain world-class professionals, thereby stimulating productivity, efficiency, creativity, and overall achievement. Furthermore, Alexandria extends its support to transformative life science, technology, and agtech companies through its dedicated venture capital platform. This distinct business model, coupled with rigorous underwriting practices, ensures a diverse and high-caliber tenant roster, ultimately driving elevated occupancy rates, extended lease durations, robust rental revenues, superior financial returns, and enhanced long-term asset appreciation.
Business overview written from the company's own Form 10-K (Item 1), filed 2026-01-26 — refreshed whenever it files a new one. The figures above are current; see its SEC filings. ✓ From the 10-K
Plain-English: the Snapshot is the quick read — what it pays you (yield, dividend), how its cash flow looks (FFO/AFFO, Price/OCF) and how much debt it carries. Switch to Expert in the header to hide these explanations.
Snapshot
Reported FFO / AFFO / leverage are from the Q1 2026 earnings release (filed 2026-04-27) — 8-K, EX-99.1 ✓ Verified to filing.
Yield uses the latest declared dividend, annualized (latest regular payout × frequency; special/liquidating distributions excluded) — an announced-but-not-yet-declared change isn't reflected until it has an ex-date. FFO, AFFO and Net debt / Adj. EBITDA are the company's reported figures from its latest earnings 8-K. Price/OCF and payout use GAAP operating cash flow. NAV premium and credit ratings have no free source yet. See Methodology.
$10,000 invested
Illustrative income only, at today's price and latest declared dividend — it excludes price changes, dividend cuts and taxes. Not a forecast.
Model ARE yourself — any amount, shares, per-payment & a multi-year DRIP projection →
Balance sheet (latest FY: 2025)
Debt-maturity ladder, fixed/floating split, secured/unsecured and coverage ratios come from the supplemental — not yet ingested.
Financial history
| FY | Revenue | Net income | D&A | EBITDA | Op. cash flow |
|---|---|---|---|---|---|
| 2025 | $2.97B | $-1.43B | $1.35B | $360.45M | $1.41B |
| 2024 | $3.05B | $322.95M | $1.20B | $1.90B | $1.50B |
| 2023 | $2.84B | $103.64M | $1.09B | $1.45B | $1.63B |
| 2022 | $2.58B | $521.66M | $1.00B | $1.77B | $1.29B |
| 2021 | $2.11B | $571.25M | $821.06M | $1.62B | $1.01B |
| 2020 | $1.89B | $770.96M | $640.86M | $1.17B | $882.51M |
Dividends
Recent regular dividends per share (special distributions excluded), oldest → newest.
| Ex-date | Record | Payment | Declared | Amount | Freq. |
|---|---|---|---|---|---|
| 2026-09-30 | 2026-09-30 | 2026-10-15 | 2026-09-01 | $0.72 | Quarterly |
| 2026-06-30 | 2026-06-30 | 2026-07-15 | 2026-06-01 | $0.72 | Quarterly |
| 2026-03-31 | 2026-03-31 | 2026-04-15 | 2026-02-27 | $0.72 | Quarterly |
| 2025-12-31 | 2025-12-31 | 2026-01-15 | 2025-12-03 | $0.72 | Quarterly |
| 2025-09-30 | 2025-09-30 | 2025-10-15 | 2025-09-02 | $1.32 | Quarterly |
| 2025-06-30 | 2025-06-30 | 2025-07-15 | 2025-06-02 | $1.32 | Quarterly |
| 2025-03-31 | 2025-03-31 | 2025-04-15 | 2025-03-03 | $1.32 | Quarterly |
| 2024-12-31 | 2024-12-31 | 2025-01-15 | 2024-12-09 | $1.32 | Quarterly |
| 2024-09-30 | 2024-09-30 | 2024-10-15 | 2024-09-04 | $1.30 | Quarterly |
| 2024-06-28 | 2024-06-28 | 2024-07-15 | 2024-06-03 | $1.30 | Quarterly |
| 2024-03-27 | 2024-03-28 | 2024-04-15 | 2024-03-04 | $1.27 | Quarterly |
| 2023-12-28 | 2023-12-29 | 2024-01-12 | 2023-12-04 | $1.27 | Quarterly |
| 2023-09-28 | 2023-09-29 | 2023-10-13 | 2023-09-05 | $1.24 | Quarterly |
| 2023-06-29 | 2023-06-30 | 2023-07-14 | 2023-06-05 | $1.24 | Quarterly |
| 2023-03-30 | 2023-03-31 | 2023-04-14 | 2023-03-06 | $1.21 | Quarterly |
| 2022-12-29 | 2022-12-30 | 2023-01-13 | 2022-12-05 | $1.21 | Quarterly |
| 2022-09-29 | 2022-09-30 | 2022-10-14 | 2022-09-06 | $1.18 | Quarterly |
| 2022-06-29 | 2022-06-30 | 2022-07-15 | 2022-05-31 | $1.18 | Quarterly |
| 2022-03-30 | 2022-03-31 | 2022-04-15 | 2022-03-01 | $1.15 | Quarterly |
| 2021-12-30 | 2021-12-31 | 2022-01-14 | 2021-12-06 | $1.15 | Quarterly |
| 2021-09-29 | 2021-09-30 | 2021-10-15 | 2021-09-07 | $1.12 | Quarterly |
| 2021-06-29 | 2021-06-30 | 2021-07-15 | 2021-06-01 | $1.12 | Quarterly |
| 2021-03-30 | 2021-03-31 | 2021-04-15 | 2021-03-01 | $1.09 | Quarterly |
| 2020-12-30 | 2020-12-31 | 2021-01-15 | 2020-12-07 | $1.09 | Quarterly |
Coverage (payout of operating cash flow): 34.70%. Tax-character split (ordinary / 199A / capital gain / return of capital) — not disclosed (requires the annual allocation release).
Recent news — ARE
Alexandria Real Estate Equities (ARE) Up 5.7% Since Last Earnings Report: Can It Continue?
Alexandria Real Estate Equities, Inc. Declares Cash Dividend of $0.72 per Common Share for 3Q26
Algert Global LLC Purchases 40,320 Shares of Alexandria Real Estate Equities, Inc. $ARE
ADAR1 Capital Management LLC Invests $1.03 Million in Alexandria Real Estate Equities, Inc. $ARE
Alexandria Real Estate Equities, Inc. to Hold Its Third Quarter 2026 Operating and Financial Results Conference Call and Webcast on October 27, 2026
Handelsbanken Fonder AB Acquires 25,300 Shares of Alexandria Real Estate Equities, Inc. $ARE
Alexandria Real Estate Equities, Inc. $ARE Position Lifted by Bank of America Corp DE
Alexandria Real Estate Equities, Inc. Announces Pricing of Public Offering of $1,000,000,000 of Series A Fixed-to-Fixed Reset Rate Junior Subordinated Notes due 2057
Headlines via Financial Modeling Prep; links open the original publisher in a new tab. Not an endorsement or investment advice.
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Same-store NOI, occupancy, leasing/WALT, top tenants, external-manager fees, development pipeline and (for non-traded vehicles) share-class fees, redemption/gating and NAV methodology are planned modules sourced from supplementals and prospectuses.