Alexandria Real Estate Equities Inc. (ARE) Financial Statements (2026 and earlier)
Company Profile
| Business Address |
26 NORTH EUCLID AVENUE PASADENA, CA 91101 |
| State of Incorp. | MD |
| Fiscal Year End | December 31 |
| Industry (SIC) | 6798 - Real Estate Investment Trusts (benchmarking) |
| More info | Complete Financial Analysis Financial Benchmarking |
Balance Sheet (Statement of Financial Position) ($ in millions)
| 12/31/2025 | 12/31/2024 | 12/31/2023 | 12/31/2022 | 12/31/2021 | 12/31/2020 | 12/31/2019 | |||
|---|---|---|---|---|---|---|---|---|---|
| ASSETS | |||||||||
| Current Assets | |||||||||
| Cash, cash equivalents, and short-term investments | 552 | 618 | 825 | 361 | 569 | 190 | |||
| Cash and cash equivalent | 552 | 618 | 825 | 361 | 569 | 190 | |||
| Restricted cash and investments | 8 | 43 | 33 | 54 | 29 | 53 | |||
| Disposal group, including discontinued operation | 382 | 194 | |||||||
| Total current assets: | 942 | 855 | 858 | 415 | 598 | 243 | |||
| Noncurrent Assets | |||||||||
| Operating lease, right-of-use asset | 764 | 516 | 558 | 474 | 336 | 265 | |||
| Property, plant, and equipment, after accumulated depreciation, depletion, and amortization | 40 | 27 | 23 | 26 | 31 | 23 | |||
| Long-term investments and receivables | 40 | 38 | 38 | 38 | 332 | 347 | |||
| Long-term investments | 40 | 38 | 38 | 38 | 332 | 347 | |||
| Intangible asset, including goodwill, after accumulated amortization | 462 | 616 | 610 | 286 | 282 | ||||
| Intangible asset, excluding goodwill, after accumulated amortization | 462 | 616 | 610 | 286 | 282 | ||||
| Deferred costs | 48 | 40 | 34 | 39 | 31 | 22 | |||
| Total noncurrent assets: | 892 | 1,083 | 1,269 | 1,188 | 1,017 | 939 | |||
| Other undisclosed assets | 35,694 | 34,834 | 33,396 | 28,616 | 21,214 | 17,209 | |||
| TOTAL ASSETS: | 37,527 | 36,771 | 35,523 | 30,219 | 22,828 | 18,391 | |||
| LIABILITIES AND EQUITY | |||||||||
| Liabilities | |||||||||
| Current Liabilities | |||||||||
| Disposal group, including discontinued operation | 13 | 5 | |||||||
| Total current liabilities: | 13 | 5 | |||||||
| Noncurrent Liabilities | |||||||||
| Long-term debt and lease obligation | 12,094 | 11,096 | 10,101 | 8,317 | 7,232 | 6,044 | |||
| Long-term debt, excluding current maturities | 12,094 | 11,096 | 10,101 | 8,317 | 7,232 | 6,044 | |||
| Total noncurrent liabilities: | 12,094 | 11,096 | 10,101 | 8,317 | 7,232 | 6,044 | |||
| Other undisclosed liabilities | 3,021 | 3,048 | 2,739 | 2,869 | 2,152 | 2,180 | |||
| Total liabilities: | 15,129 | 14,148 | 12,840 | 11,186 | 9,384 | 8,224 | |||
| Temporary equity, including noncontrolling interest | 20 | 16 | 10 | 10 | 11 | 12 | |||
| Equity | |||||||||
| Equity, attributable to parent | 17,889 | 18,471 | 18,972 | 16,190 | 11,726 | 8,866 | |||
| Common stock | 2 | 2 | 2 | 2 | 1 | 1 | |||
| Additional paid in capital | 17,934 | 18,485 | 18,991 | 16,195 | 11,731 | 8,874 | |||
| Accumulated other comprehensive loss | (46) | (16) | (21) | (7) | (7) | (10) | |||
| Equity, attributable to noncontrolling interest | 4,489 | 4,135 | 3,701 | 2,834 | 1,707 | 1,288 | |||
| Total equity: | 22,378 | 22,607 | 22,674 | 19,024 | 13,432 | 10,154 | |||
| TOTAL LIABILITIES AND EQUITY: | 37,527 | 36,771 | 35,523 | 30,219 | 22,828 | 18,391 | |||
Income Statement (P&L) ($ in millions)
| 12/31/2025 | 12/31/2024 | 12/31/2023 | 12/31/2022 | 12/31/2021 | 12/31/2020 | 12/31/2019 | ||
|---|---|---|---|---|---|---|---|---|
| Revenues | 3,116 | 2,886 | 2,589 | 2,297 | 1,902 | 1,531 | ||
| Operating lease, lease income | 2,081 | 1,854 | 1,466 | |||||
| Cost of revenue | (1,095) | (933) | (881) | (833) | (763) | (667) | ||
| Cost of product and service sold | (909) | (859) | (783) | (624) | (530) | |||
| Gross profit: | 2,021 | 1,952 | 1,708 | 1,464 | 1,139 | 865 | ||
| Operating expenses | (1,594) | (1,754) | (1,244) | (1,025) | (880) | (666) | ||
| Operating income (loss): | 427 | 198 | 464 | 439 | 260 | 199 | ||
| Nonoperating income (Investment Income, Nonoperating) | 259 | 421 | 195 | |||||
| Interest and debt expense | (74) | (98) | (209) | (232) | (221) | |||
| Income (loss) from continuing operations before equity method investments, income taxes: | 427 | 124 | 366 | 489 | 449 | 172 | ||
| Income (loss) from equity method investments | 7 | 1 | 1 | 12 | 8 | 10 | ||
| Income (loss) from continuing operations: | 435 | 125 | 367 | 501 | 457 | 182 | ||
| Income before gain (loss) on sale of properties: | ✕ | ✕ | ✕ | ✕ | 501 | 457 | 182 | |
| Other undisclosed net income | 76 | 156 | 304 | 153 | 370 | 222 | ||
| Net income (loss): | 511 | 281 | 671 | 654 | 827 | 404 | ||
| Net loss attributable to noncontrolling interest | (188) | (177) | (149) | (83) | (56) | (41) | ||
| Net income (loss) attributable to parent: | 323 | 104 | 522 | 571 | 771 | 363 | ||
| Other undisclosed net loss available to common stockholders, basic | (13) | (11) | (12) | |||||
| Net income (loss) available to common stockholders, basic: | 310 | 92 | 522 | 571 | 771 | 351 | ||
| Other undisclosed net loss available to common stockholders, diluted | (8) | (8) | (10) | |||||
| Net income (loss) available to common stockholders, diluted: | 310 | 92 | 513 | 563 | 761 | 351 | ||
Comprehensive Income ($ in millions)
| 12/31/2025 | 12/31/2024 | 12/31/2023 | 12/31/2022 | 12/31/2021 | 12/31/2020 | 12/31/2019 | ||
|---|---|---|---|---|---|---|---|---|
| Net income (loss): | 511 | 281 | 671 | 654 | 827 | 404 | ||
| Other comprehensive income (loss) | (30) | 5 | (14) | (1) | 3 | 1 | ||
| Comprehensive income (loss): | 480 | 286 | 657 | 654 | 830 | 405 | ||
| Comprehensive loss, net of tax, attributable to noncontrolling interest | (188) | (177) | (149) | (83) | (56) | (41) | ||
| Comprehensive income (loss), net of tax, attributable to parent: | 293 | 109 | 508 | 571 | 774 | 364 | ||
Statements Sources
The financial statements are based on the Company's filings with the U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.