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Alexandria Real Estate Equities ARE North America — Real Estate Investments, Net

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Other financials

Income statement

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Revenue$671.0M-11.5%
Net income$361.7M+4,146%
EPS (diluted)$2.10+3,100%

Balance sheet

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Cash & equivalents$418.7M-12.1%
Total debt$358.6M-3.4%
Total equity$15.7B-9.9%
Total assets$34.2B-9.1%

Cash flow

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Operating cash flow$196.6M-5.4%
CapEx$137.6M-6.4%
Free cash flow$59.0M-3.1%

Valuation

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Market cap$8.32B-32.2%
Enterprise value$8.26B-31.8%
P/S2.8×-1.1×

Profitability

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Net margin-36%-42.7pp
FCF margin36.5%+1.8pp

Returns & leverage

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Return on equity-6.4%-7.5pp
Debt / equity0.0×

Where this comes from

Reported directly by Alexandria Real Estate Equities in its filing.

Tagged under the XBRL concept us-gaap:RealEstateInvestments.

The source filing: Alexandria Real Estate Equities’s 10-Q, filed April 27, 2026.

Filed
Apr 27, 2026, 4:08 PM EDT
Fiscal quarter
Q1 FY2026
Calendar quarter
Q1 2026
Accession
0001035443-26-000042
Line itemMarch 31, 2026December 31, 2025
Buildings and building improvements19,607,11619,738,825
Other improvements4,465,6304,371,720
Rental properties27,711,96527,315,024
Current and future development and redevelopment projects6,857,5696,788,464
Gross investments in real estate34,569,53434,103,488
Less: accumulated depreciation(6,232,579)(5,970,171)
Investments in real estate assets held for sale, less accumulated depreciation(1)493,161556,679
Investments in real estate$28,830,116$28,689,996

ITEM 1. FINANCIAL STATEMENTS (UNAUDITED)

FAQ

What is Alexandria Real Estate Equities's north america — real estate investments, net?
Alexandria Real Estate Equities (ARE) reported north america — real estate investments, net of $28.83B in Q1 2026.
How has Alexandria Real Estate Equities's north america — real estate investments, net changed year-over-year?
Alexandria Real Estate Equities's north america — real estate investments, net decreased by 10.2% year-over-year, from $32.12B to $28.83B.
What does north america — real estate investments, net mean?
The net book value of all real estate investments in North America, calculated as gross investments minus accumulated depreciation. This represents the current accounting value of the regional portfolio.

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