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Alexandria Real Estate Equities, Inc.
NYSE · Real Estate · REIT - Office · US
$52.65
−0.08%Income statement
| Metric | TTM | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|---|
| Revenue | |||||
| Total Revenue | 3.0B | 3.0B | 3.0B | 2.8B | 2.6B |
| Cost of Revenue | 903.3M | 922.6M | 909.3M | 859.2M | 783.2M |
| Gross Profit | 2.1B | 2.0B | 2.1B | 2.0B | 1.8B |
| Operating Expenses | |||||
| R&D Expense | — | — | — | — | — |
| SG&A Expense | 128.8M | 117.0M | 168.4M | 199.4M | 177.3M |
| General & Admin Expense | 128.8M | 117.0M | 168.4M | 199.4M | 177.3M |
| Selling & Marketing Expense | — | — | — | — | — |
| Other Expenses | 3.3B | 3.1B | 1.2B | 1.1B | 1.0B |
| Total Operating Expenses | 3.4B | 3.3B | 1.4B | 1.3B | 1.2B |
| Cost and Expenses | 4.3B | 4.2B | 2.3B | 2.2B | 2.0B |
| Operating Income (EBIT) | (1.4B) | (1.2B) | 769.7M | 690.4M | 613.5M |
| Non-Operating | |||||
| Interest Income | — | — | — | — | — |
| Interest Expense | 249.5M | 226.7M | 185.8M | 74.2M | 94.2M |
| Net Interest Income | (249.5M) | (226.7M) | (185.8M) | (74.2M) | (94.2M) |
| Other Non-Op Income/Expense | 385.4M | (14.5M) | (259.0M) | (409.5M) | 57.2M |
| Non-Operating Income (excl Interest) | (505.7M) | (212.2M) | 73.1M | 335.3M | (151.4M) |
| EBT (Pre-Tax Income) | (966.8M) | (1.2B) | 510.7M | 281.0M | 670.7M |
| Income Tax Expense | 9.0M | — | — | — | — |
| Bottom Line | |||||
| Net Income | (904.0M) | (1.4B) | 322.9M | 103.6M | 521.7M |
| Earnings from Cont. Ops | (975.8M) | (1.2B) | 510.7M | 281.0M | 670.7M |
| Earnings from Discont. Ops | — | — | — | — | — |
| Bottom Line Net Income | (909.9M) | (1.4B) | 309.6M | 92.4M | 513.3M |
| Per Share | |||||
| Basic EPS | ($5.57) | ($8.44) | $1.80 | $0.54 | $3.18 |
| Diluted EPS | ($5.56) | ($8.44) | $1.80 | $0.54 | $3.18 |
| Revenue Per Share | $15.70 | $17.43 | $17.72 | $16.63 | $15.94 |
| Shares | |||||
| Basic Shares Outstanding | 188.4M | 170.4M | 172.1M | 170.9M | 161.7M |
| Diluted Shares Outstanding | 188.4M | 170.4M | 172.1M | 170.9M | 161.7M |
| Profitability Metrics | |||||
| EBITDA | 425.6M | 360.4M | 1.9B | 1.4B | 1.8B |
| D&A | 1.3B | 1.4B | 1.2B | 1.1B | 1.0B |
| EBIT | (846.5M) | (990.0M) | 696.6M | 355.2M | 764.9M |
As reported, in the filing currency · TTM sums the four latest quarters; MRQ is the latest quarter · Negatives in parentheses; a dash is a line the filing does not carry · Data as of Jun 1, 2026