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Alexandria Real Estate Equities ARE Other markets — Area of Real Estate Property

Discontinued — last reported Q4 '23

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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$8.89B-49.8%
Enterprise value$8.83B-49.8%
P/S-2.7×

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:AreaOfRealEstateProperty.

The official record: Alexandria Real Estate Equities’s 10-K, filed January 29, 2024, on SEC EDGAR. View the filing →

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Questions, answered.

What is Alexandria Real Estate Equities's other markets — area of real estate property?
Alexandria Real Estate Equities (ARE) reported other markets — area of real estate property of $1.09M in Q4 2023.
How has Alexandria Real Estate Equities's other markets — area of real estate property changed year-over-year?
Alexandria Real Estate Equities's other markets — area of real estate property decreased by 33.8% year-over-year, from $1.64M to $1.09M.
What is the long-term trend for Alexandria Real Estate Equities's other markets — area of real estate property?
Over 2 years (2021 to 2023), Alexandria Real Estate Equities's other markets — area of real estate property has grown at a -48.2% compound annual growth rate (CAGR), from $8.78M to $2.35M.
What does other markets — area of real estate property mean?
The total square footage of all properties owned in the company's secondary geographic markets.
How do you interpret other markets — area of real estate property?
An increase reflects growth in the physical footprint and potential revenue capacity, while a decrease may indicate divestment or portfolio rationalization.
How does other markets — area of real estate property compare across companies?
Most REITs report total leasable square footage by segment to allow for density and scale comparisons.