Alexandria Real Estate Equities Inc (ARE) — Capital Reinvestment Ratio
Alexandria Real Estate Equities Inc (ARE) has a Capital Reinvestment Ratio of 5.99x as of December 2025, meaning it reinvests 6% of its operating cash flow ($312.38 Million) in capital expenditures ($1.87 Billion). See Alexandria Real Estate Equities Inc (ARE) free cash flow to measure how efficiently the company converts operating cash flow to free cash.
Capital Reinvestment Ratio
Operating Cash Flow
Capital Expenditures
Data as of
Alexandria Real Estate Equities Inc Capital Reinvestment Ratio (1997–2025)
This chart tracks Alexandria Real Estate Equities Inc's Capital Reinvestment Ratio across 29 annual periods.
Annual Capital Reinvestment Ratio for Alexandria Real Estate Equities Inc (1997–2025)
Year-by-year Capital Reinvestment Ratio for Alexandria Real Estate Equities Inc from 1997 to 2025. For live market cap and broader valuation context, see ARE market cap overview.
| Year | Reinvestment Ratio | Operating CF (USD) | Capital Expenditures | YoY Change |
|---|---|---|---|---|
| 2025 | 1.32x | $1.41 Billion | $1.87 Billion | ▼ -25.5% |
| 2024 | 1.78x | $1.50 Billion | $2.67 Billion | ▲ +16.3% |
| 2023 | 1.53x | $1.63 Billion | $2.49 Billion | ▼ -68.1% |
| 2022 | 4.78x | $1.29 Billion | $6.19 Billion | ▼ -34.2% |
| 2021 | 7.26x | $1.01 Billion | $7.33 Billion | ▲ +96.0% |
| 2020 | 3.70x | $882.51 Million | $3.27 Billion | ▼ -27.2% |
| 2019 | 5.09x | $683.86 Million | $3.48 Billion | ▲ +49.2% |
| 2018 | 3.41x | $570.34 Million | $1.94 Billion | ▼ -1.2% |
| 2017 | 3.45x | $450.32 Million | $1.55 Billion | ▼ -5.7% |
| 2016 | 3.66x | $392.50 Million | $1.44 Billion | ▲ +83.5% |
| 2015 | 1.99x | $342.61 Million | $683.34 Million | ▲ +22.6% |
| 2014 | 1.63x | $334.32 Million | $544.08 Million | ▼ -9.4% |
| 2013 | 1.80x | $312.73 Million | $561.49 Million | ▼ -1.2% |
| 2012 | 1.82x | $305.53 Million | $555.02 Million | ▼ -39.0% |
| 2011 | 2.98x | $246.96 Million | $735.07 Million | ▼ -9.0% |
| 2010 | 3.27x | $219.35 Million | $717.10 Million | ▲ +50.9% |
| 2009 | 2.17x | $205.95 Million | $446.13 Million | ▼ -8.1% |
| 2008 | 2.36x | $232.71 Million | $548.76 Million | ▼ -54.0% |
| 2007 | 5.12x | $185.38 Million | $950.02 Million | ▼ -32.7% |
| 2006 | 7.62x | $128.39 Million | $978.28 Million | ▲ +111.8% |
| 2005 | 3.60x | $120.68 Million | $434.22 Million | ▼ -45.9% |
| 2004 | 6.66x | $67.75 Million | $450.96 Million | ▲ +184.2% |
| 2003 | 2.34x | $74.85 Million | $175.32 Million | ▼ -26.4% |
| 2002 | 3.18x | $67.05 Million | $213.47 Million | ▲ +234.7% |
| 2001 | 0.95x | $60.34 Million | $57.39 Million | ▼ -73.7% |
| 2000 | 3.61x | $32.93 Million | $118.94 Million | ▲ +39.1% |
| 1999 | 2.60x | $42.30 Million | $109.80 Million | ▼ -71.9% |
| 1998 | 9.23x | $26.10 Million | $240.80 Million | ▼ -58.9% |
| 1997 | 22.46x | $3.90 Million | $87.60 Million | — |