ARE
Alexandria Real Estate Equities, Inc.
There isn't enough reported data to score ARE yet.
ARE Fundamentals
| Metric | Status |
|---|---|
| Under pressure | |
| Weak | |
| N/A | |
| N/A |
ARE's revenue and profitability are currently under pressure. Free cash flow and net leverage aren't meaningful measures for real estate companies like ARE.
ARE PE Valuation
ARE has no meaningful PE right now: it lost money over the past year.
ARE Forward outlook
| Metric | Outlook |
|---|---|
| -- | |
| Turning to a loss | |
| Stable | |
| Strongly weakening | |
| Limited | |
| High |
Analysts expect ARE's earnings and profitability to decline, with its revenue holding steady.
ARE Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Q3 2026 | -$8.42 | -$5.95 |
| Q2 2026 | -$6.06 | -$5.93 |
| Q1 2026 | -$6.27 | -925% |
| Q4 2025 | -$8.44 | -569% |
| Q3 2025 | -$2.47 | -251% |
| Q2 2025 | -$0.13 | -116% |
| Q1 2025 | $0.76 | -29% |
| Q4 2024 | $1.80 | +233% |
ARE lost $8.42 per share over the past year, a bigger loss than the year before.
ARE Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $671.2M | -11% |
| Q2 2026 | $662.8M | -13% |
| Q1 2026 | $671M | -11% |
| Q4 2025 | $754.4M | -4.4% |
| Q3 2025 | $751.9M | -5% |
| Q2 2025 | $762M | -0.6% |
| Q1 2025 | $758.2M | -1.4% |
| Q4 2024 | $788.9M | +4.2% |
ARE's revenue has slid since its 2024 peak: $671M last quarter, down 11% from the same quarter a year ago.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | -92% | -61 points |
| Q2 2026 | -26% | -23 points |
| Q1 2026 | 5.5% | -4.6 points |
| Q4 2025 | -214% | -206 points |
| Q3 2025 | -31% | -53 points |
| Q2 2025 | -3% | -21 points |
| Q1 2025 | 10% | -13 points |
| Q4 2024 | -7.2% | +7.9 points |
ARE's operating margin was −92% last quarter, down 61 points from the same quarter a year ago, near the bottom of its range since 2019.
ARE Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | $341.8M | -21% |
| Q2 2026 | $337M | -27% |
| Q1 2026 | $196.6M | -5.4% |
| Q4 2025 | $312.4M | +14% |
| Q3 2025 | $433.5M | -9.2% |
| Q2 2025 | $460.2M | +12% |
| Q1 2025 | $207.9M | -39% |
| Q4 2024 | $274.2M | -36% |
ARE's free cash flow was $1.2B over the past year, down 14% from the year before. Free cash flow isn't a meaningful measure for real estate companies like ARE.
ARE Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | 0% | +33K shares |
| 1 year | +0.3% | +570K shares |
| 3 years | -0.1% | -139K shares |
| 5 years | +13% | +19.2M shares |
| Available history | +52% | +58.2M shares |
ARE has 171M diluted shares, about the same as a year ago.
| Quarter | Spent |
|---|---|
| Q3 2026 | — |
| Q2 2026 | — |
| Q1 2026 | — |
| Q4 2025 | — |
| Q3 2025 | — |
| Q2 2025 | — |
| Q1 2025 | $208.2M |
ARE hasn't bought back shares in the past year.
ARE Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q3 2025 | 11.6x | High |
| Q2 2025 | 8.6x | High |
| Q1 2025 | 8.0x | High |
| Q4 2024 | 7.2x | High |
| Q3 2024 | 7.9x | High |
| Q2 2024 | 8.0x | High |
| Q1 2024 | 8.7x | High |
| Q4 2023 | 8.3x | High |
ARE's net debt is about 12 years of its operating earnings (EBITDA), up from 7.9 years a year ago. Net leverage isn't a meaningful measure for real estate companies like ARE.
ARE Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 43.7 | Neutral |
| Stochastic | 25.1 | Neutral |
ARE's weekly RSI is 44 (neutral) and its Stochastic is 25 (neutral).
ARE PE vs Real Estate Sector
| Metric | ARE | Sector median | Relative |
|---|---|---|---|
| PE | N/A | 24x | — |
ARE has no meaningful PE right now: it lost money over the past year.
ARE Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $44.6 | 0.7% below |
| 20 week MA | $48.5 | 8.6% below |
| 50 week MA | $49.3 | 10% below |
| 100 week MA | $65.3 | 32% below |
| 200 week MA | $92.6 | 52% below |
ARE is in a downtrend: it's below all five of its weekly moving averages, and 52% below its 200-week average.
ARE Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $160.4 | $174.5 | +8.8% |
| 2021 | $174.5 | $217.6 | +25% |
| 2022 | $217.6 | $147.2 | -32% |
| 2023 | $147.2 | $126.8 | -14% |
| 2024 | $126.8 | $98.4 | -22% |
| 2025 | $98.4 | $48.6 | -51% |
| 2026 YTD | $48.6 | $44.3 | -8.8% |
ARE has finished four years in a row lower, and it's down 8.8% so far in 2026.