ARE - Alexandria Real Estate Equities, Inc.
NYSE
->
Real Estate
->
REIT—Office
Pasadena,
United States
Type: Equity
ARE price evolution
ARE
| (in millions $) | 31 Dec 2023 | 30 Sep 2023 | 30 Jun 2023 | 31 Mar 2023 |
|---|---|---|---|---|
| Current assets | ||||
| Cash | $660.77 | $567.71 | $960.29 | $1298.38 |
| Short term investments | ||||
| Net receivables | $8.21 | $6.9 | $6.95 | $8.2 |
| Inventory | ||||
| Total current assets | $626.4 | $539.29 | $931.32 | $1271.65 |
| Long term investments | ||||
| Property, plant & equipment | $31633.51 | $31712.73 | $31178.05 | $30889.4 |
| Goodwill & intangible assets | ||||
| Total noncurrent assets | ||||
| Total investments | $1487.3 | $1469.46 | $1533.8 | $1611.37 |
| Total assets | $36771.4 | $36783.29 | $36659.26 | $36912.46 |
| Current liabilities | ||||
| Accounts payable | $2610.94 | $2653.13 | $2494.09 | $2479.05 |
| Deferred revenue | ||||
| Short long term debt | ||||
| Total current liabilities | $1735.48 | $1822.72 | $1634.33 | $1649.99 |
| Long term debt | $11315.64 | $11202.83 | $11183.36 | $11537.31 |
| Total noncurrent liabilities | ||||
| Total debt | $11315.64 | $11202.83 | $11183.36 | $11537.31 |
| Total liabilities | $14148.41 | $14070.41 | $13892 | $14225.7 |
| Shareholders' equity | ||||
| Retained earnings | ||||
| Other shareholder equity | -$15.9 | -$24.98 | -$16.59 | -$20.54 |
| Total shareholder equity | $18471.17 | $18627.91 | $18797.44 | $18883.99 |
| (in millions $) | 31 Dec 2023 | 31 Jan 2023 | 31 Dec 2021 | 31 Dec 2020 |
|---|---|---|---|---|
| Current assets | ||||
| Cash | $660.77 | $857.98 | $415.23 | $597.71 |
| Short term investments | ||||
| Net receivables | $8.21 | $7.61 | $7.38 | $7.33 |
| Inventory | ||||
| Total current assets | $626.4 | $832.81 | $368.73 | $1450.58 |
| Long term investments | $1943.46 | |||
| Property, plant & equipment | $31633.51 | $30675.41 | $24980.67 | $18092.37 |
| Goodwill & intangible assets | ||||
| Total noncurrent assets | ||||
| Total investments | $1487.3 | $1653.51 | $1915.05 | $1943.46 |
| Total assets | $36771.4 | $35523.4 | $30219.37 | $22827.88 |
| Current liabilities | ||||
| Accounts payable | $2610.94 | $389.74 | $2210.41 | $1669.83 |
| Deferred revenue | ||||
| Short long term debt | ||||
| Total current liabilities | $1735.48 | $1630.01 | $1570.87 | $458.33 |
| Long term debt | $11315.64 | $10159.76 | $8791.87 | $7563.29 |
| Total noncurrent liabilities | ||||
| Total debt | $11315.64 | $10159.76 | $8791.87 | $7563.29 |
| Total liabilities | $14148.41 | $16551.01 | $11186.12 | $9384.1 |
| Shareholders' equity | ||||
| Retained earnings | ||||
| Other shareholder equity | -$15.9 | -$20.81 | -$7.29 | -$6.63 |
| Total shareholder equity | $18471.17 | $18972.39 | $16189.54 | $11725.71 |
| (in millions $) | 31 Dec 2023 | 30 Sep 2023 | 30 Jun 2023 | 31 Mar 2023 |
|---|---|---|---|---|
| Revenue | ||||
| Total revenue | $757.22 | $713.79 | $713.9 | $700.79 |
| Cost of revenue | $222.73 | $217.69 | $211.83 | $206.93 |
| Gross Profit | $534.49 | $496.1 | $502.07 | $493.86 |
| Operating activities | ||||
| Research & development | ||||
| Selling, general & administrative | $59.29 | $45.99 | $45.88 | $48.2 |
| Total operating expenses | $554.2 | $336.01 | $273.2 | $313.5 |
| Operating income | -$19.71 | $160.09 | $228.86 | $180.36 |
| Income from continuing operations | ||||
| EBIT | -$56.46 | $35.68 | $107.01 | $91.62 |
| Income tax expense | ||||
| Interest expense | $31.97 | $11.41 | $17.07 | $13.75 |
| Net income | ||||
| Net income | -$88.43 | $24.27 | $89.94 | $77.86 |
| Income (for common shares) | -$91.93 | $21.86 | $87.26 | $75.26 |
| (in millions $) | 31 Dec 2023 | 31 Dec 2022 | 31 Dec 2021 | 31 Dec 2020 |
|---|---|---|---|---|
| Revenue | ||||
| Total revenue | $2885.7 | $2588.96 | $2114.15 | $1885.64 |
| Cost of revenue | $859.18 | $783.15 | $623.55 | $530.22 |
| Gross Profit | $2026.52 | $1805.81 | $1490.6 | $1355.41 |
| Operating activities | ||||
| Research & development | ||||
| Selling, general & administrative | $199.35 | $177.28 | $151.46 | $133.34 |
| Total operating expenses | $1476.9 | $706.48 | $898.63 | $879.52 |
| Operating income | $549.62 | $1099.33 | $591.97 | $475.89 |
| Income from continuing operations | ||||
| EBIT | $177.84 | $615.86 | $713.41 | $942.57 |
| Income tax expense | ||||
| Interest expense | $74.2 | $94.2 | $142.16 | $171.61 |
| Net income | ||||
| Net income | $103.64 | $521.66 | $571.25 | $770.96 |
| Income (for common shares) | $92.44 | $513.27 | $563.4 | $760.79 |
| (in millions $) | 31 Dec 2023 | 30 Sep 2023 | 30 Jun 2023 | 31 Mar 2023 |
|---|---|---|---|---|
| Net income | -$88.43 | $24.27 | $89.94 | $77.86 |
| Operating activities | ||||
| Depreciation | $285.25 | $269.37 | $273.56 | $265.3 |
| Business acquisitions & disposals | -$0.16 | -$0.17 | -$0.23 | -$0.11 |
| Stock-based compensation | $34.59 | $16.29 | $15.49 | $16.49 |
| Total cash flows from operations | $428.62 | $417.89 | $478.47 | $305.57 |
| Investing activities | ||||
| Capital expenditures | -$391.29 | -$644.08 | -$402.02 | -$1050.91 |
| Investments | $1.39 | -$32.2 | $7.81 | $11.35 |
| Total cash flows from investing | -$390.06 | -$676.46 | -$394.44 | -$1039.66 |
| Financing activities | ||||
| Dividends paid | -$214.45 | -$214.56 | -$209.35 | -$209.13 |
| Sale and purchase of stock | $103.85 | |||
| Net borrowings | $110.38 | $17 | -$356.88 | $1385.63 |
| Total cash flows from financing | $55.19 | -$133.6 | -$422.25 | $1174.81 |
| Effect of exchange rate | -$0.69 | -$0.42 | $0.12 | -$0.31 |
| Change in cash and equivalents | $93.06 | -$392.58 | -$338.09 | $440.41 |
| (in millions $) | 31 Dec 2023 | 31 Dec 2022 | 31 Dec 2021 | 31 Dec 2020 |
|---|---|---|---|---|
| Net income | $103.64 | $521.66 | $571.25 | $770.96 |
| Operating activities | ||||
| Depreciation | $1093.47 | $1002.15 | $821.06 | $698.1 |
| Business acquisitions & disposals | -$0.66 | -$0.97 | $372.24 | $16.78 |
| Stock-based compensation | $82.86 | $57.74 | $48.67 | $43.5 |
| Total cash flows from operations | $1630.55 | $1294.32 | $1010.2 | $882.51 |
| Investing activities | ||||
| Capital expenditures | -$2488.3 | -$5190.84 | -$7333.93 | -$3268.84 |
| Investments | -$11.66 | $111.36 | -$145.64 | -$26.1 |
| Total cash flows from investing | -$2500.62 | -$5080.46 | -$7107.32 | -$3278.16 |
| Financing activities | ||||
| Dividends paid | -$847.48 | -$757.74 | -$655.97 | -$532.98 |
| Sale and purchase of stock | $103.85 | $2346.44 | $3529.1 | $2315.86 |
| Net borrowings | $1156.13 | $1373.8 | $1188.91 | $742.3 |
| Total cash flows from financing | $674.16 | $4229.77 | $5916.36 | $2750.36 |
| Effect of exchange rate | -$1.29 | -$0.89 | -$1.71 | $0.31 |
| Change in cash and equivalents | -$197.2 | $442.75 | -$182.48 | $355.02 |
News
Fundamentals
| Market cap | $20.54B |
|---|---|
| Enterprise value | $31.20B |
| Shares outstanding | 171.91M |
| Revenue | $2.89B |
|---|---|
| EBITDA | $1.27B |
| EBIT | $177.84M |
| Net Income | $103.64M |
| Revenue Q/Q | 12.97% |
| Revenue Y/Y | 11.46% |
| P/E ratio | 198.20 |
|---|---|
| EV/Sales | 10.81 |
| EV/EBITDA | 24.54 |
| EV/EBIT | 175.42 |
| P/S ratio | 7.12 |
| P/B ratio | 1.11 |
| Book/Share | 107.54 |
| Cash/Share | 3.84 |
| EPS | $0.60 |
|---|---|
| ROA | 0.28% |
| ROE | 0.55% |
| Debt/Equity | 0.77 |
|---|---|
| Net debt/EBITDA | 10.61 |
| Current ratio | 0.36 |
| Quick ratio | 0.36 |