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Secured Debt at other companies

Healthpeak Properties logo
Healthpeak PropertiesDOC
$246.46M-30.0%
Equity Residential logo
Equity ResidentialEQR
$1.59B-0.2%
Centerspace logo
CenterspaceCSR
$565.61M-6.8%
Piedmont Office Realty Trust logo
Piedmont Office Realty TrustPDM
$186.97M-1.9%
Net Lease Office Properties logo
Net Lease Office PropertiesNLOP
$21.9M-81.3%
Franklin Street Properties logo
Franklin Street PropertiesFSP

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:SecuredDebt.

The source filing: Alexandria Real Estate Equities’s 10-K, filed January 26, 2026.

Filed
Jan 26, 2026, 4:07 PM EST
Fiscal year
FY2025
Accession
0001035443-26-000013

| --- | --- | --- | | Assets | | | | Other assets | 1,661,772 | 1,661,306 | | Total assets | $34,081,835 | $37,527,449 | | Liabilities, Noncontrolling Interests, and Equity | | | | Secured notes payable | $ | $149,909 | | Unsecured senior notes payable | 12,047,394 | 12,094,465 | | Unsecured senior line of credit and commercial paper | 353,161 | — | | Accounts payable, accrued expenses, and other liabilities | 2,397,073 | 2,654,351 | | Dividends payable | 127,771 | 230,263 |

ITEM 15. EXHIBITS AND FINANCIAL STATEMENT SCHEDULES

FAQ

What is Alexandria Real Estate Equities's secured debt?
Alexandria Real Estate Equities (ARE) reported secured debt of $0 in Q4 2025.
How has Alexandria Real Estate Equities's secured debt changed year-over-year?
Alexandria Real Estate Equities's secured debt decreased by 100.0% year-over-year, from $149.91M to $0.
What is the long-term trend for Alexandria Real Estate Equities's secured debt?
Over 5 years (2020 to 2025), Alexandria Real Estate Equities's secured debt has grown at a -100.0% compound annual growth rate (CAGR), from $230.93M to $0.
What does secured debt mean?
Secured debt represents financial obligations backed by specific real estate assets or collateral pledged by the company. For a REIT, this indicates the portion of the capital structure that carries a direct claim on property assets in the event of default.

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