ALEXANDRIA REAL ESTATE EQUITIES, INC.
Financial highlights
| Metric | FY 12/31/25 | FY 12/31/24 | FY 12/31/23 | FY 12/31/22 | FY 12/31/21 |
|---|---|---|---|---|---|
| Income Statement | |||||
| Revenue | $3.0B | $3.1B | $2.9B | $2.6B | $2.1B |
| Interest expense | $226.7M | $185.8M | $74.2M | $94.2M | $142.2M |
| Net income | -$1.4B | $322.9M | $103.6M | $521.7M | $571.2M |
| Balance Sheet | |||||
| Cash and equivalents | $549.1M | $552.1M | $618.2M | $825.2M | $361.3M |
| Total assets | $34.1B | $37.5B | $36.8B | $35.5B | $30.2B |
| Total liabilities | $14.9B | $15.1B | $14.1B | $12.8B | $11.2B |
| Total debt | — | $12.3B | $11.4B | $10.2B | $8.8B |
| Stockholders' equity | $15.5B | $17.9B | $18.5B | $19.0B | $16.2B |
| Cash Flow Statement | |||||
| Cash from operations | $1.4B | $1.5B | $1.6B | $1.3B | $1.0B |
| Depreciation and amortization | $1.4B | $1.2B | $1.1B | $1.0B | $821.1M |
| Stock-based compensation | $41.1M | $59.6M | $82.9M | $57.7M | $48.7M |
| Capital expenditure | $339.5M | $465.6M | $629.4M | $561.5M | $474.8M |
| Free cash flow | $1.1B | $1.0B | $1.0B | $732.8M | $535.4M |
| Dividends paid | $911.5M | $898.6M | $847.5M | $757.7M | $656.0M |
| Share repurchases | $208.2M | $50.1M | $0 | $0 | — |
Shares outstanding 174.3M · Free float 93.0%
Annual filing data through FY ended December 31, 2025; float as of July 11, 2026.