AR
ALEXANDRIA REAL ESTATE EQUITIES, INC.
ARE REIT RUBRIC Real Estate · Equity REITs
Latest period 2026-06-30 · 38 filings on record
SHOWING
Fiscal years as the company filed them — each point is one closed year from its 10-K, ending on that year's own close. A year with no 10-K on file is assembled from its four quarters and labelled by its ending date instead; a year still open gets no column at all.
Ranked against REITs · 29 peers
calibrating
Each grade is a single reported quarter's assessment, never an average — a card shows the grade at the newest quarter in view, so it follows the period and range controls above. Latest scored quarter: 2026-06-30.
Growth
4th pct
▼−36 over range · as of 2025-12-31
Returns
2nd pct
▼−27 over range · as of 2025-12-31
Safety
66th pct
▼−19 over range · as of 2025-12-31
OVERVIEWYoY Δ
Latest fiscal year · ending 2025-12-31 · green = improving · click a row to chart it
Revenue $3.0B −2.9% Net income -$1.4B — FFO -$79.1M — FFO margin -2.6% −51.6pp Operating margin — — Distributions paid $911.5M +1.4% Distribution coverage -0.09× — Debt / assets 36.4% +3.8pp Interest coverage — —Filings
FY 2021 → FY 2025 · following the period bar 5 match| Year | Q1 | Q2 | Q3 | FY |
|---|---|---|---|---|
| 2025 | 10-Q Q1 2025 | 10-Q Q2 2025 | 10-Q Q3 2025 | 10-K FY 2025 |
| 2024 | 10-Q Q1 2024 | 10-Q Q2 2024 | 10-Q Q3 2024 | 10-K FY 2024 |
| 2023 | 10-Q Q1 2023 | 10-Q Q2 2023 | 10-Q Q3 2023 | 10-K FY 2023 |
| 2022 | 10-Q Q1 2022 | 10-Q Q2 2022 | 10-Q Q3 2022 | 10-K FY 2022 |
| 2021 | 10-Q Q1 2021 | 10-Q Q2 2021 | 10-Q Q3 2021 | 10-K FY 2021 |
Filing-level fact detail is a Pro feature. The grades and figures above are free. See Pro plans
Trends
Fiscal years as the company filed them
Revenue
| Period | Period end | Revenue |
|---|---|---|
| FY 2021 | 2021-12-31 | $2.1B |
| FY 2022 | 2022-12-31 | $2.6B |
| FY 2023 | 2023-12-31 | $2.9B |
| FY 2024 | 2024-12-31 | $3.1B |
| FY 2025 | 2025-12-31 | $3.0B |
Net income
| Period | Period end | Net income |
|---|---|---|
| FY 2021 | 2021-12-31 | $571.2M |
| FY 2022 | 2022-12-31 | $521.7M |
| FY 2023 | 2023-12-31 | $103.6M |
| FY 2024 | 2024-12-31 | $322.9M |
| FY 2025 | 2025-12-31 | -$1.4B |
FFO margin
| Period | Period end | FFO margin |
|---|---|---|
| FY 2021 | 2021-12-31 | 65.9% |
| FY 2022 | 2022-12-31 | 58.9% |
| FY 2023 | 2023-12-31 | 41.5% |
| FY 2024 | 2024-12-31 | 48.9% |
| FY 2025 | 2025-12-31 | -2.6% |
ZOOM
FY 2017
FY 2025
Grade history
Point-in-time: each period shows the grade of the quarter it ends at — grades are never summed or averaged across a window.
Growth
4
Returns
2
Safety
66
Hover to read every grade at a period · shared with the trends chart · axis fixed 0–100
| Period | Period end | Growth | Returns | Safety |
|---|---|---|---|---|
| FY 2021 | 2021-12-31 | not scored | not scored | not scored |
| FY 2022 | 2022-12-31 | not scored | not scored | not scored |
| FY 2023 | 2023-12-31 | 40 | 29 | 85 |
| FY 2024 | 2024-12-31 | 60 | 62 | 74 |
| FY 2025 | 2025-12-31 | 4 | 2 | 66 |