Alexandria Real Estate Equities Inc
Alexandria Real Estate Equities, Inc. an S&P 500 company, is a best-in-class, mission-driven life science REIT making a positive and lasting impact on the world. With our founding in 1994, Alexandria pioneered the life science real estate niche. Alexandria is the preeminent and longest-tenured owner, operator, and developer of collaborative Mega campus ecosystems in AAA life science innovation cl… Read more
Alexandria Real Estate Equities Inc (ARE) - Net Assets
Latest net assets as of December 2025: $19.16 Billion USD
Based on the latest financial reports, Alexandria Real Estate Equities Inc (ARE) has net assets worth $19.16 Billion USD as of December 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($34.08 Billion) and total liabilities ($14.93 Billion). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $19.16 Billion |
| % of Total Assets | 56.21% |
| Annual Growth Rate | 23.76% |
| 5-Year Change | 0.65% |
| 10-Year Change | 255.92% |
| Growth Volatility | 57.48 |
Alexandria Real Estate Equities Inc - Net Assets Trend (1996–2025)
This chart illustrates how Alexandria Real Estate Equities Inc's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Alexandria Real Estate Equities Inc (1996–2025)
The table below shows the annual net assets of Alexandria Real Estate Equities Inc from 1996 to 2025.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | $19.16 Billion | -14.47% |
| 2024-12-31 | $22.40 Billion | -0.99% |
| 2023-12-31 | $22.62 Billion | -0.27% |
| 2022-12-31 | $22.68 Billion | +19.18% |
| 2021-12-31 | $19.03 Billion | +41.58% |
| 2020-12-31 | $13.44 Billion | +32.24% |
| 2019-12-31 | $10.17 Billion | +28.78% |
| 2018-12-31 | $7.89 Billion | +21.77% |
| 2017-12-31 | $6.48 Billion | +20.45% |
| 2016-12-31 | $5.38 Billion | +25.35% |
| 2015-12-31 | $4.29 Billion | +9.83% |
| 2014-12-31 | $3.91 Billion | -1.74% |
| 2013-12-31 | $3.98 Billion | +13.58% |
| 2012-12-31 | $3.50 Billion | +2.04% |
| 2011-12-31 | $3.43 Billion | +14.95% |
| 2010-12-31 | $2.99 Billion | +26.29% |
| 2009-12-31 | $2.36 Billion | +35.49% |
| 2008-12-31 | $1.75 Billion | +10.50% |
| 2007-12-31 | $1.58 Billion | +12.08% |
| 2006-12-31 | $1.41 Billion | +65.80% |
| 2005-12-31 | $849.91 Million | +36.98% |
| 2004-12-31 | $620.47 Million | +22.35% |
| 2003-12-31 | $507.13 Million | +4.38% |
| 2002-12-31 | $485.85 Million | +46.06% |
| 2001-12-31 | $332.64 Million | +4.23% |
| 2000-12-31 | $319.15 Million | +21.54% |
| 1999-12-31 | $262.60 Million | +31.43% |
| 1998-12-31 | $199.80 Million | +19.71% |
| 1997-12-31 | $166.90 Million | +321.46% |
| 1996-12-31 | $39.60 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Alexandria Real Estate Equities Inc's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have grown by 180000000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $1.71 Million | 0.01% |
| Other Comprehensive Income | $-29.39 Million | -0.19% |
| Other Components | $15.50 Billion | 100.18% |
| Total Equity | $15.47 Billion | 100.00% |
Alexandria Real Estate Equities Inc Competitors by Market Cap
The table below lists competitors of Alexandria Real Estate Equities Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
The Magnum Ice Cream Company N.V.
NYSE:MICC
|
$7.63 Billion |
|
ANA Holdings Inc
PINK:ALNPF
|
$7.63 Billion |
|
Bank of Nanjing Co Ltd
SHG:601009
|
$7.63 Billion |
|
Grupo Aeroportuario del Pacífico S.A.B. de C.V
PINK:GPAEF
|
$7.64 Billion |
|
Brown-Forman Corporation
NYSE:BF-A
|
$7.60 Billion |
|
Xiamen Tungsten Co Ltd
SHG:600549
|
$7.59 Billion |
|
Fujikura Ltd.
PINK:FKURF
|
$7.58 Billion |
|
Antero Midstream Partners LP
NYSE:AM
|
$7.58 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Alexandria Real Estate Equities Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 17,889,042,000 to 15,470,070,000, a change of -2,418,972,000 (-13.5%).
- Net loss of 1,430,535,000 reduced equity.
- Dividend payments of 911,450,000 reduced retained earnings.
- Share repurchases of 208,187,000 reduced equity.
- Other comprehensive income increased equity by 16,857,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-1.43 Billion | -9.25% |
| Dividends Paid | $911.45 Million | -5.89% |
| Share Repurchases | $208.19 Million | -1.35% |
| Other Comprehensive Income | $16.86 Million | +0.11% |
| Other Changes | $114.34 Million | +0.74% |
| Total Change | $- | -13.52% |
Book Value vs Market Value Analysis
This analysis compares Alexandria Real Estate Equities Inc's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 0.54x
- The company is trading below its book value, potentially indicating the market believes the assets are overvalued on the balance sheet or anticipates future losses.
- The price-to-book ratio has decreased from 4.54x to 0.54x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 1996-12-31 | $10.87 | $49.40 | x |
| 1997-12-31 | $20.67 | $49.40 | x |
| 1998-12-31 | $16.24 | $49.40 | x |
| 1999-12-31 | $19.21 | $49.40 | x |
| 2000-12-31 | $21.71 | $49.40 | x |
| 2001-12-31 | $20.52 | $49.40 | x |
| 2002-12-31 | $27.20 | $49.40 | x |
| 2003-12-31 | $26.35 | $49.40 | x |
| 2004-12-31 | $30.38 | $49.40 | x |
| 2005-12-31 | $38.95 | $49.40 | x |
| 2006-12-31 | $53.05 | $49.40 | x |
| 2007-12-31 | $50.12 | $49.40 | x |
| 2008-12-31 | $53.28 | $49.40 | x |
| 2009-12-31 | $60.20 | $49.40 | x |
| 2010-12-31 | $60.51 | $49.40 | x |
| 2011-12-31 | $57.12 | $49.40 | x |
| 2012-12-31 | $55.37 | $49.40 | x |
| 2013-12-31 | $57.57 | $49.40 | x |
| 2014-12-31 | $53.79 | $49.40 | x |
| 2015-12-31 | $55.57 | $49.40 | x |
| 2016-12-31 | $64.33 | $49.40 | x |
| 2017-12-31 | $64.63 | $49.40 | x |
| 2018-12-31 | $71.06 | $49.40 | x |
| 2019-12-31 | $78.79 | $49.40 | x |
| 2020-12-31 | $92.70 | $49.40 | x |
| 2021-12-31 | $109.79 | $49.40 | x |
| 2022-12-31 | $117.36 | $49.40 | x |
| 2023-12-31 | $108.08 | $49.40 | x |
| 2024-12-31 | $103.96 | $49.40 | x |
| 2025-12-31 | $90.79 | $49.40 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Alexandria Real Estate Equities Inc utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): -9.25%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -48.15%
- • Asset Turnover: 0.09x
- • Equity Multiplier: 2.20x
- Recent ROE (-9.25%) is below the historical average (4.63%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 1996 | 5.56% | 19.30% | 0.07x | 4.05x | $-1.76 Million |
| 1997 | -1.68% | -10.07% | 0.11x | 1.49x | $-19.49 Million |
| 1998 | 9.71% | 41.28% | 0.09x | 2.65x | $-580.00K |
| 1999 | 8.42% | 33.23% | 0.10x | 2.45x | $-4.16 Million |
| 2000 | 8.15% | 32.06% | 0.10x | 2.45x | $-5.91 Million |
| 2001 | 9.10% | 30.69% | 0.10x | 2.89x | $-2.99 Million |
| 2002 | 8.24% | 33.45% | 0.10x | 2.39x | $-8.55 Million |
| 2003 | 11.76% | 44.46% | 0.11x | 2.51x | $8.93 Million |
| 2004 | 9.70% | 38.93% | 0.08x | 3.02x | $-1.85 Million |
| 2005 | 7.64% | 32.54% | 0.08x | 2.85x | $-19.55 Million |
| 2006 | 5.43% | 29.91% | 0.07x | 2.68x | $-61.75 Million |
| 2007 | 6.23% | 29.57% | 0.07x | 3.09x | $-56.66 Million |
| 2008 | 6.84% | 0.00% | -0.02x | 3.02x | $-53.70 Million |
| 2009 | 5.79% | 27.39% | 0.09x | 2.35x | $-97.74 Million |
| 2010 | 4.62% | 27.76% | 0.08x | 2.02x | $-157.59 Million |
| 2011 | 3.89% | 25.77% | 0.08x | 1.95x | $-206.01 Million |
| 2012 | 2.97% | 17.43% | 0.08x | 2.08x | $-242.06 Million |
| 2013 | 3.48% | 21.58% | 0.08x | 1.92x | $-255.46 Million |
| 2014 | 2.65% | 13.97% | 0.09x | 2.13x | $-281.27 Million |
| 2015 | 3.63% | 17.60% | 0.09x | 2.24x | $-253.29 Million |
| 2016 | -1.35% | -7.34% | 0.09x | 2.12x | $-555.48 Million |
| 2017 | 2.84% | 15.04% | 0.09x | 2.03x | $-425.87 Million |
| 2018 | 5.17% | 28.57% | 0.09x | 1.97x | $-354.88 Million |
| 2019 | 4.10% | 23.72% | 0.08x | 2.07x | $-523.42 Million |
| 2020 | 6.57% | 40.89% | 0.08x | 1.95x | $-401.61 Million |
| 2021 | 3.53% | 27.02% | 0.07x | 1.87x | $-1.05 Billion |
| 2022 | 2.75% | 20.25% | 0.07x | 1.87x | $-1.38 Billion |
| 2023 | 0.56% | 3.65% | 0.08x | 1.99x | $-1.74 Billion |
| 2024 | 1.81% | 10.59% | 0.08x | 2.10x | $-1.47 Billion |
| 2025 | -9.25% | -48.15% | 0.09x | 2.20x | $-2.98 Billion |
Industry Comparison
This section compares Alexandria Real Estate Equities Inc's net assets metrics with peer companies in the REIT - Office industry.
Industry Context
- Industry: REIT - Office
- Average net assets among peers: $1,255,136,778
- Average return on equity (ROE) among peers: 2.08%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Alexandria Real Estate Equities Inc (ARE) | $19.16 Billion | 5.56% | 0.78x | $7.61 Billion |
| Allied Properties Real Estate Investment Trust (APYRF) | $215.70 Million | 3.58% | 1.33x | $973.59 Million |
| Brandywine Realty Trust (BDN) | $1.69 Billion | 2.03% | 1.41x | $496.31 Million |
| BTB Real Estate Investment Trust (BTBIF) | $248.95 Million | 11.32% | 2.06x | $199.14 Million |
| Boston Properties Inc (BXP) | $3.00 Billion | 14.79% | 1.81x | $7.87 Billion |
| COPT Defense Properties (CDP) | $1.68 Billion | 4.55% | 1.53x | $3.58 Billion |
| City Office (CIO) | $772.63 Million | -0.35% | 0.96x | $2.76 Million |
| CLS Holdings plc (CLIHF) | $929.20 Million | -26.88% | 1.33x | $263.93 Million |
| Creative Media & Community Trust Corporation (CMCT) | $42.90 Million | 0.00% | 0.01x | $114.98K |
| Cromwell Property Group (CMWCF) | $2.71 Billion | 9.71% | 0.86x | $445.64 Million |