AREALEXANDRIA REAL ESTATE EQUITIES, INC.
Real Estate Investment Trusts
- Revenue
- $3.0B
- 2.9% YoY
- Operating margin
- —
- EBITDA
- —
- Market cap
- $6.9B
- Employees
- 514
- $6M revenue each
- Net debt / EBITDA
- —
- $12.4B net debt
- AI in 10-K
- 1.2
- mentions per 10K words
Takeover score 0 of 13
Fixable underperformance 0 of 7
- TSR below peersNo—3+ of last 5 years
- High CEO pay despite TSRNo—Median CEO pay ≥ $15M while TSR trails
- Earnings not backed by cashNo—Cash flow under 80% of net income
- Dilutive SBCNo1% of revenueOver 10% of revenue
- Payouts exceed cash flowNo79% of cash flowBuybacks + dividends over cash flow
- Goodwill-heavyNo—Over 40% of assets
- Shareholder dissentNo84% lowest supportAny vote under 80% support
Buyer economics 0 of 4
- Low revenue per employeeNo$6M · 89th pctBottom quartile of its SIC industry
- Quiet on AINo1.2 per 10K words · 39th pctBottom quartile of AI mentions in 10-Ks
- Net cashNo—More cash than debt, positive EBITDA
- Buyout-sizedNo$6.9B market capMarket cap $500M–$5B
Catalysts 0 of 2
- Active 13DNo0 filingsActive-intent 13D in 18 months
- Net insider sellingNo$1M netNet sales over $10M in 12 months
Financials
| Metric | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | YoY |
|---|---|---|---|---|---|---|
| Revenue | $2.1B | $2.6B | $2.9B | $3.1B | $3.0B | 2.9% |
| Net income | $571M | $522M | $104M | $323M | −$1.4B | 543% |
| Operating cash flow | $1.0B | $1.3B | $1.6B | $1.5B | $1.4B | 6.0% |
| Stock-based comp | $49M | $58M | $83M | $60M | $41M | 31% |
| Buybacks | — | $0 | $0 | $50M | $208M | 315% |
| Dividends | $656M | $758M | $847M | $899M | $911M | 1.4% |
Deal filings
None.
13D filers
None on file.
Insider trading
- Open-market buys, 12 mo
- $3M · 12
- Open-market sells, 12 mo
- $2M · 6
- Net
- $1M
Pay vs performance
No pay-versus-performance disclosure yet.