What does tenantrecoveries — revenue (gross) mean?

Total revenue collected from tenants to cover property operating expenses and associated taxes.

How do you interpret tenantrecoveries — revenue (gross)?

An increase suggests higher pass-through of property expenses or tax assessments, while a decrease may indicate lower recoverable costs or changes in lease structures.

How does tenantrecoveries — revenue (gross) compare across companies?

Commonly reported by REITs as 'Recoveries' or 'Reimbursement Revenue' under property operating income disclosures.

Alexandria Real Estate Equities ARE Tenantrecoveries — Revenue (Gross)

Discontinued — last reported Q4 '18

Similar metrics at other companies

AMHTenant Chargebacks — Revenue (Gross)

$33.92M+20.1%

LADRReal Estate — Tenant Recoveries

$1.92M-6.7%

EXRTenant Reinsurance — Revenue (Gross)

$30.11M+16.3%

WPCRevenue From Reimbursements — Operating property revenues

$0-100%

PEA

PEAKTenant Reimbursements — Operating Leases Income Statement Lease Revenue

——

PEA

PEAKRental Revenue Tenant Recoveries — Operating Leases Income Statement Lease Revenue

——

Other financials

Income statement

See full

Revenue$671.0M-11.5%

Net income$361.7M+4,146%

EPS (diluted)$2.10+3,100%

Balance sheet

See full

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

See full

Operating cash flow$196.6M-5.4%

CapEx$137.6M-6.4%

Free cash flow$59.0M-3.1%

Valuation

See full

Market cap$8.89B-49.8%

Enterprise value$8.83B-49.8%

P/S3×-2.7×

Profitability

See full

Net margin-36%-42.7pp

FCF margin36.5%+1.8pp

Returns & leverage

See full

Return on equity-6.4%-7.5pp

Debt / equity0×0.0×

Where this comes from

Reported directly by Alexandria Real Estate Equities in its filing.

Tagged under the XBRL concept us-gaap:RevenueFromContractWithCustomerIncludingAssessedTax.

The official record: Alexandria Real Estate Equities’s 10-K, filed February 4, 2020, on SEC EDGAR. View the filing →

Questions, answered.

What does tenantrecoveries — revenue (gross) mean?: Total revenue collected from tenants to cover property operating expenses and associated taxes.
How do you interpret tenantrecoveries — revenue (gross)?: An increase suggests higher pass-through of property expenses or tax assessments, while a decrease may indicate lower recoverable costs or changes in lease structures.
How does tenantrecoveries — revenue (gross) compare across companies?: Commonly reported by REITs as 'Recoveries' or 'Reimbursement Revenue' under property operating income disclosures.