TORVANTA
Real Estate · S&P 500 · data as of 2026-10-05

ARE stock analysis: Alexandria Real Estate

Alexandria Real Estate (ARE) is an S&P 500 company in Office REITs. It grades weakest on profitability, momentum and growth.

The model's view of ARE · subscribers

Where ARE ranks among the 1,500 U.S. stocks the model scores each trading day, its expected return, the evidence for and against it, and whether the model portfolio holds it. The grades below describe the company's data; they are not the model's view.

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What's happening with ARE · updated 2026-10-05 · from prices and SEC filings

ARE price performance

ARE against the S&P 500, one year
-40%-20%+0%+20%S&P 500 +18%ARE -42%2025-09-292026-10-05
Year to date-2.0%S&P 500 +14.5% · behind by 16.6 pts
1 year-41.9%S&P 500 +17.0% · behind by 59.0 pts
3 years-45.0%S&P 500 +89.3% · behind by 134.2 pts
5 years-69.9%S&P 500 +91.3% · behind by 161.2 pts

Total returns with dividends reinvested.

ARE factor grades

Each grade compares ARE with the rest of its sector (A+ best, F worst); the numbers behind it are shown with the typical figure for its peers.

–ValueFCF yield 16.0% (sector 6.4%)
D-GrowthRevenue growth -8% (sector +6%)
D+Profitability
D+Momentum12-month change -42%From 52-wk high -42%

ARE in plain numbers

ARE key statistics

SectorReal Estate
IndustryOffice REITs
IndexS&P 500
Market value$8.0B
Revenue growth (y/y)-8%
Free-cash-flow yield16.0%
Dividend yield6.3%
Next earnings (expected)2026-10-26
Valuation measures
Market value$8.0B
Enterprise value$20.3B
Price / sales2.8x
Price / book0.5x
EV / revenue7.2x
Financial highlights
Revenue, last 12 months$2.8B
Net income, last 12 months-$1.0B
EPS, last 12 months (GAAP)$-6.06
Net margin-36.1%
Return on equity-6.3%
Cash$470.4M
Total debt$12.8B
Debt / equity0.82x

Company figures from its latest SEC filings; market value and returns from end-of-day prices.

ARE earnings trends

Revenue vs earnings
-$1.1B-$612.8M-$144.6M$323.5M$791.6MSep 2024 Revenue: $791.6MDec 2024 Revenue: $788.9MMar 2025 Revenue: $758.2MJun 2025 Revenue: $762.0MSep 2025 Revenue: $751.9MDec 2025 Revenue: $754.4MMar 2026 Revenue: $671.0MJun 2026 Revenue: $662.8MSep 2024 Net income: $167.9MDec 2024 Net income: -$62.2MMar 2025 Net income: -$8.9MJun 2025 Net income: -$107.0MSep 2025 Net income: -$232.8MDec 2025 Net income: -$1.1BMar 2026 Net income: $361.7MJun 2026 Net income: -$72.8MSep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026Net margin: 21.2%Net margin: -7.9%Net margin: -1.2%Net margin: -14.0%Net margin: -31.0%Net margin: -143.3%Net margin: 53.9%Net margin: -11.0%-143%-45%54%■ Revenue ■ Net income ━ Net margin
Earnings per share$-6.4$-4.2$-2.1$-0.0$2.1Sep 2024 EPS (GAAP, diluted): $1.0Dec 2024 EPS (GAAP, diluted): $-0.4Mar 2025 EPS (GAAP, diluted): $-0.1Jun 2025 EPS (GAAP, diluted): $-0.6Sep 2025 EPS (GAAP, diluted): $-1.4Dec 2025 EPS (GAAP, diluted): $-6.4Mar 2026 EPS (GAAP, diluted): $2.1Jun 2026 EPS (GAAP, diluted): $-0.4Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026■ EPS (GAAP, diluted) Change from a year earlier: Sep 2025 -244%

From the company's 10-Q and 10-K filings with the SEC.

Alexandria Real Estate financials (from SEC filings)

Fiscal yearFY2021FY2022FY2023FY2024FY2025
Revenue$2.1B$2.6B$2.9B$3.1B$3.0B
Net income$571.2M$521.7M$103.6M$322.9M-$1.4B
EPS (GAAP)$3.76$3.12$0.54$1.80$-8.44

ARE earnings history

ReportedEPS (GAAP)EPS y/yRevenue y/yStock vs S&P 500, 2 days
2026-08-03$-0.43n/a-13%-8.3%
2026-04-27$2.10n/a-11%-14.4%
2026-01-26$-6.35n/a-4%-3.5%
2025-10-27$-1.38-244%-5%-20.1%
2025-07-21$-0.64-356%-1%+3.0%
2025-04-28$-0.07-107%-1%-5.0%

About Alexandria Real Estate

HeadquartersPasadena, CA
Industry (SEC code)Real Estate Investment Trusts
Fiscal year endsDecember 31
Incorporated inMD
Listed onNYSE
FormerlyALEXANDRIA REAL ESTATE EQUITIES, INC., ALEXANDRIA REAL ESTATE EQUITIES INC

From the company's SEC registration record.

Companies similar to ARE

CompanyMarket valueP/ERevenue growthOperating margin12-month change
ARE Alexandria Real Estate$8.0Bn/a-8%n/a-42%
FRT Federal Realty$9.2B18.4x+7%53.6%+11%compare
BXP BXP Inc$9.5B31.9x+2%n/a-18%compare
CPT Camden Property$9.8B32.2x+57%n/a-3%compare
UDR UDR Inc$11.0B23.0x+2%38.5%-2%
CSGP CoStar$11.2B145.6x+22%2.2%-67%
DOC Healthpeak$13.0B53.8x+6%n/a+4%

All Real Estate stock ratings

Frequently asked questions

Is ARE stock a buy?

Torvanta does not tell individuals what to buy. Its grades for ARE are shown above. Subscribers see the model's rank, expected return and whether the model portfolio holds it. This is research, not a recommendation.

When does ARE report earnings next?

Based on its filing history, Torvanta expects Alexandria Real Estate to report around 2026-10-26.

Does ARE pay a dividend?

Yes. Its dividend yield is about 6.3%.

How has ARE performed against the S&P 500?

Over the past year ARE returned -41.9%, against +17.0% for the S&P 500, dividends reinvested.

See the model's view

Subscribers get the model's rank and expected return for every covered company, the reasoning behind each, and the Torvanta model portfolio's trades each trading day, sized and explained, at three risk levels.

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Torvanta is research only - not investment advice and not a recommendation to buy or sell any security. Grades describe a company's reported data against its sector; they are not the model's view, change as data changes and can be wrong. Financial figures come from the company's SEC filings; returns include reinvested dividends. Past performance does not predict future results.

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