Alexandria Real Estate Equities, Inc
Alexandria Real Estate Equities, Inc. (NYSE:ARE), an S&P 500<sup>®</sup> urban office real estate investment trust ("REIT"), is the first and longest-tenured owner, operator, and developer uniquely focused on collaborative life science, technology, and agtech campuses in AAA innovation cluster locations, with a total market capitalization of $26.3 billion as of December 31, 2019, and an asset base in North America of 39.2 million square feet ("SF"). The asset base in North America includes 27.0 million RSF of operating properties and 2.1 million RSF of Class A properties undergoing construction, 6.3 million RSF of near-term and intermediate-term development and redevelopment projects, and 3.8 million SF of future development projects. Founded in 1994, Alexandria pioneered this niche and has since established a significant market presence in key locations, including Greater Boston, San Francisco, New York City, San Diego, Seattle, Maryland, and Research Triangle. Alexandria has a longstanding and proven track record of developing Class A properties clustered in urban life science, technology, and agtech campuses that provide our innovative tenants with highly dynamic and collaborative environments that enhance their ability to successfully recruit and retain world-class talent and inspire productivity, efficiency, creativity, and success. Alexandria also provides strategic capital to transformative life science, technology, and agtech companies through our venture capital arm. We believe our unique business model and diligent underwriting ensure a high-quality and diverse tenant base that results in higher occupancy levels, longer lease terms, higher rental income, higher returns, and greater long-term asset value. Show More...
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Website http://www.are.com
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Sector Real Estate
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Industry REIT-Office
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Last Quote 70.19 USD
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Last Updated 30-05-2025
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External Links Yahoo Finance Morningstar Ratios
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Interest Coverage
The interest coverage ratio is a debt ratio and profitability ratio used to determine how easily a company can pay interest on its outstanding debt.
Reference: Investopedia -
2010-12 2011-12 2012-12 2013-12 2014-12 2015-12 2016-12 2017-12 2018-12 2019-12 TTM Earnings Per Share USD 2.19 1.73 1.09 1.6 1.01 1.63 -1.99 1.58 3.52 3.12 2.15 Dividends USD 1.5 1.86 2.09 2.61 2.88 3.05 3.23 3.45 3.73 4.0 4.06 Payout Ratio % * 68.8 60.1 199.0 171.7 158.4 343.2 375.6 86.5 386.2 188.8 Shares Mil 48.0 59.0 62.0 68.0 71.0 72.0 76.0 92.0 103.0 113.0 115.0 Book Value Per Share * USD 46.38 48.63 48.41 49.72 48.91 46.75 41.27 53.44 61.24 64.01 73.87 Free Cash Flow Per Share * USD -10.28 -12.61 4.92 4.76 4.66 4.56 5.25 5.18 5.03 6.0 Return on Assets % 1.86 1.63 0.99 1.48 0.92 1.37 -1.57 1.29 2.74 2.14 1.39 Financial Leverage (Average) 2.32 2.2 2.34 2.13 2.35 2.47 2.21 2.06 1.99 2.07 2.11 Return on Equity % 4.72 3.68 2.23 3.3 2.06 3.31 -3.65 2.76 5.53 4.35 2.9 Return on Invested Capital % 3.08 2.63 1.73 2.33 1.76 2.41 -0.62 2.25 4.06 3.3 2.43 Interest Coverage 2.56 3.05 2.33 2.38 0.53 2.51 3.56 3.33 2.65 Current Ratio 0.73 0.39 0.42 0.64 0.36 0.67 0.48 0.43 0.84 Quick Ratio 0.57 0.28 0.34 0.48 0.3 0.59 0.4 0.33 0.73 Debt/Equity 1.01 0.93 1.04 0.87 1.07 1.11 0.9 0.82 0.77 0.82 0.84