ALEXANDRIA REAL ESTATE EQUITIES, INC.

ARE REIT RUBRIC Real Estate · Equity REITs

Latest period 2026-06-30 · 38 filings on record

Quarterly TTM Annual

8Q 3Y 5Y 10Y MAX

TTM 24-09 → TTM 26-06 8 TTM POINTS

SHOWING Trailing twelve months — each point sums the four quarters ending there.

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 16th pct

▼−68 over range · as of 2026-06-30

FFO -3.1% YoY, revenue -13.0% YoY · sector avg 58

Returns 2nd pct

▼−50 over range · as of 2026-06-30

9% FFO margin, FFO covers the payout 0.4x · sector avg 77

Safety 70th pct

▼−11 over range · as of 2026-06-30

37% debt-to-assets · sector avg 44

OVERVIEWvs prior TTM Δ

Trailing twelve months · ending 2026-06-30 · green = improving · click a row to chart it

Revenue $2.8B −3.4% Net income -$1.0B — FFO $247.4M −3.0% FFO margin 8.7% +0.0pp Operating margin — — Distributions paid $701.8M −12.8% Distribution coverage 0.35× +11.3% Debt / assets 37.0% +0.4pp CHARTED Interest coverage — —

Filings

TTM 24-09 → TTM 26-06 · following the period bar 11 match

ALL 10-K 10-Q Q1 Q2 Q3 FY SORT NEWEST ↓

Filings by fiscal year and period
Year	Q1	Q2	Q3	FY
2026	10-Q Q1 2026	10-Q Q2 2026	no filing	no filing
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	no filing	no filing	no filing	10-K FY 2023

10-Q Q2 2026 2026-08-03 Pro → 10-Q Q1 2026 2026-04-27 Pro → 10-K FY 2025 2026-01-26 Pro → 10-Q Q3 2025 2025-10-27 Pro → 10-Q Q2 2025 2025-07-21 Pro → 10-Q Q1 2025 2025-04-28 Pro →

All 11 filings

10-K FY 2024 2025-01-27 Pro → 10-Q Q3 2024 2024-10-21 Pro → 10-Q Q2 2024 2024-07-22 Pro → 10-Q Q1 2024 2024-04-22 Pro → 10-K FY 2023 2024-01-29 Pro →

Filing-level fact detail is a Pro feature. The grades and figures above are free. See Pro plans

Trends

Trailing twelve months, rolling one quarter at a time

Revenue

Latest$2.8B vs prior TTM−3.4% Periods8

Revenue by period
Period	Period end	Revenue
TTM 24-09	2024-09-30	$3.1B
TTM 24-12	2024-12-31	$3.1B
TTM 25-03	2025-03-31	$3.1B
TTM 25-06	2025-06-30	$3.1B
TTM 25-09	2025-09-30	$3.1B
TTM 25-12	2025-12-31	$3.0B
TTM 26-03	2026-03-31	$2.9B
TTM 26-06	2026-06-30	$2.8B

Net income

Latest-$1.0B vs prior TTM— Periods8

Net income by period
Period	Period end	Net income
TTM 24-09	2024-09-30	$296.8M
TTM 24-12	2024-12-31	$322.9M
TTM 25-03	2025-03-31	$143.5M
TTM 25-06	2025-06-30	-$10.2M
TTM 25-09	2025-09-30	-$410.9M
TTM 25-12	2025-12-31	-$1.4B
TTM 26-03	2026-03-31	-$1.1B
TTM 26-06	2026-06-30	-$1.0B

FFO margin

Latest8.7% vs prior TTM+0.0pp Periods8

FFO margin by period
Period	Period end	FFO margin
TTM 24-09	2024-09-30	47.1%
TTM 24-12	2024-12-31	48.9%
TTM 25-03	2025-03-31	45.1%
TTM 25-06	2025-06-30	42.0%
TTM 25-09	2025-09-30	31.0%
TTM 25-12	2025-12-31	-2.6%
TTM 26-03	2026-03-31	8.7%
TTM 26-06	2026-06-30	8.7%

Debt / assets

Latest37.0% vs prior TTM+0.4pp Periods8

Debt / assets by period
Period	Period end	Debt / assets
TTM 24-09	2024-09-30	33.0%
TTM 24-12	2024-12-31	32.6%
TTM 25-03	2025-03-31	34.8%
TTM 25-06	2025-06-30	35.3%
TTM 25-09	2025-09-30	36.4%
TTM 25-12	2025-12-31	36.4%
TTM 26-03	2026-03-31	36.6%
TTM 26-06	2026-06-30	37.0%

ZOOM

TTM 17-12 TTM 26-06

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 16 Returns 2 Safety 70

Hover to read every grade at a period · shared with the trends chart · axis fixed 0–100

Grade history by period
Period	Period end	Growth	Returns	Safety
TTM 24-09	2024-09-30	83	52	81
TTM 24-12	2024-12-31	60	62	74
TTM 25-03	2025-03-31	11	45	77
TTM 25-06	2025-06-30	9	41	81
TTM 25-09	2025-09-30	2	23	73
TTM 25-12	2025-12-31	4	2	66
TTM 26-03	2026-03-31	50	2	70
TTM 26-06	2026-06-30	16	2	70