Alexandria Real Estate Equities Inc. chart

Last update: 2022-12-23
Key statistics and financials
Revenue per share 15.75
Dividend & YieldN/A£ (N/A)
Beta 0.94
Market capitalization 164.59M
Operating cash flow 1.14B
ESG Scores 14.8

Company description

Alexandria Real Estate Equities, Inc. (NYSE:ARE), an S&P 500® urban office real estate investment trust ("REIT"), is the first, longest-tenured, and pioneering 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 $31.9 billion as of December 31, 2020, and an asset base in North America of 49.7 million square feet ("SF"). The asset base in North America includes 31.9 million RSF of operating properties and 3.3 million RSF of Class A properties undergoing construction, 7.1 million RSF of near-term and intermediate-term development and redevelopment projects, and 7.4 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 platform. 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.

Sector: - Industry:

Financial Ratios
Quick Ratio2.06
Working Capital0.72
Return On Equity0.04
Debt To Equity0.54
Fixed Asset Ratio0.02
Fixed Interest Cover3.73

Financial data

Financial Statements

Cashflow Statement 2018-12-31 2019-12-31 2020-12-31 2021-12-31
Change To Liabilities 21.91M 39.01M -1.12M 60.93M
Total Cashflows From Investing Activities -2.16B -3.64B -3.28B -7.11B
Net Borrowings 718.22M 1.29B 796.68M 1.26B
Total Cash From Financing Activities 1.59B 2.93B 2.75B 5.92B
Change To Operating Activities -77.94M -75.28M -72.06M -156.15M
Issuance Of Stock 1.29B 1.22B 2.32B 3.53B
Net Income 379.31M 363.17M 770.96M 571.25M
Change In Cash -5.06M -29.44M 355.02M -182.48M
Effect Of Exchange Rate -2.07M 540k 311k -1.71M
Total Cash From Operating Activities 570.34M 683.86M 882.51M 1.01B
Depreciation 455.72M 514.8M 640.86M 766.28M
Change To Account Receivables 435k -897k 2.8M -44k
Other Cashflows From Financing Activities -23.27M 905.95M 192.11M 1.82B
Change To Netincome -219.37M -166.05M -469.42M -243.51M
Capital Expenditures

Income Statement 2018-12-31 2019-12-31 2020-12-31 2021-12-31
Research Development
Income Before Tax 402.79M 404.05M 827.17M 654.28M
Net Income 379.31M 363.17M 770.96M 571.25M
Selling General Administrative 90.41M 108.82M 133.34M 151.46M
Gross Profit 953.88M 1.1B 1.36B 1.5B
Ebit 385.81M 442.5M 532.12M 530.33M
Operating Income 385.81M 442.5M 532.12M 530.33M
Interest Expense -157.5M -173.68M -171.61M -142.16M
Income Tax Expense
Total Revenue 1.34B 1.54B 1.89B 2.13B
Cost Of Revenue 381.12M 445.49M 530.22M 623.55M
Total Other Income ExpenseNet 16.98M -38.46M 295.06M 123.95M
Net Income From Continuing Ops 402.79M 404.05M 827.17M 654.28M
Net Income Applicable To Common Shares 363.98M 351M 760.79M 563.4M

Balance Sheet Statement 2018-12-31 2019-12-31 2020-12-31 2021-12-31
Total Liabilities 6.57B 8.22B 9.38B 11.19B
Total Stockholder Equity 7.28B 8.87B 11.73B 16.19B
Other Current Liabilities 110.28M 126.28M 150.98M 183.85M
Total Assets 14.46B 18.39B 22.83B 30.22B
Common Stock 1.11M 1.21M 1.37M 1.58M
Other Current Assets 64.61M 95.36M 110.7M 254.76M
Retained Earnings
Treasury Stock -10.44M -9.75M -6.62M -7.29M
Cash 234.18M 189.68M 568.53M 361.35M
Total Current Liabilities 325.82M 325.27M 436M 749.35M
Other Stockholder Equity -10.44M -9.75M -6.62M -7.29M
Property, Plant, and Equipment 11.91B 15.12B 17.87B 24.16B
Total Current Assets 881.11M 977.93M 1.45B 1.55B
Net Tangible Assets 7.13B 8.58B 11.26B 15.58B
Net Receivables 579.71M 692.89M 771.35M 930.46M
Accounts Payable 215.54M 198.99M 285.02M 513.42M


Insider Transactions

Here are the insider transactions of stock shares related to Alexandria Real Estate Equities Inc.:

Filer Name Transaction Text Ownership Date Filer Relation Shares
HASH STEVEStock Award(Grant) at price 0.00 per share.D2022-10-14Director76
CAIN JAMES PStock Award(Grant) at price 0.00 per share.D2022-10-14Director32
WORONOFF MICHAEL AStock Award(Grant) at price 0.00 per share.D2022-10-14Director84
HASH STEVEStock Award(Grant) at price 0.00 per share.D2022-09-30Director196
WORONOFF MICHAEL AStock Award(Grant) at price 0.00 per share.D2022-09-30Director303
CIRUZZI VINCENT R. JRSale at price 167.83 per share.D2022-08-11Officer2.02k
FREIRE MARIA CSale at price 163.04 - 164.59 per share.D2022-07-29Director2.6k
CLEM JACKIE BSale at price 156.60 per share.D2022-07-27General Counsel794
HASH STEVEStock Award(Grant) at price 0.00 per share.D2022-07-15Director68
CAIN JAMES PStock Award(Grant) at price 0.00 per share.D2022-07-15Director30
WORONOFF MICHAEL AStock Award(Grant) at price 0.00 per share.D2022-07-15Director74
HASH STEVEStock Award(Grant) at price 0.00 per share.D2022-06-30Director189
WORONOFF MICHAEL AStock Award(Grant) at price 0.00 per share.D2022-06-30Director294
CIRUZZI VINCENT R. JRStock Award(Grant) at price 0.00 per share.D2022-05-20Officer2.5k
MARCUS JOEL SStock Award(Grant) at price 0.00 per share.D2022-05-20Officer and Director2.5k
RICHARDSON STEPHEN ASale at price 171.47 per share.D2022-05-09Chief Executive Officer5k
CLEM JACKIE BSale at price 189.55 per share.D2022-04-27General Counsel1.86k
HASH STEVEStock Award(Grant) at price 0.00 per share.D2022-04-15Director47
CAIN JAMES PStock Award(Grant) at price 0.00 per share.D2022-04-15Director21
WORONOFF MICHAEL AStock Award(Grant) at price 0.00 per share.D2022-04-15Director50
CIRUZZI VINCENT R. JRStock Award(Grant) at price 0.00 per share.D2022-03-31Officer2.34k
MARCUS JOEL SStock Award(Grant) at price 0.00 per share.D2022-03-31Officer and Director24.56k
RICHARDSON STEPHEN AStock Award(Grant) at price 0.00 per share.D2022-03-31Chief Executive Officer7.82k
SHIGENAGA DEAN AKIOStock Award(Grant) at price 0.00 per share.D2022-03-31President7.82k
GAVINET ANDRESStock Award(Grant) at price 0.00 per share.D2022-03-31Officer2.34k
MOGLIA PETER MStock Award(Grant) at price 0.00 per share.D2022-03-31Chief Executive Officer7.82k
RYAN DANIEL JStock Award(Grant) at price 0.00 per share.D2022-03-31Chief Investment Officer7.82k
HASH STEVEStock Award(Grant) at price 0.00 per share.D2022-03-31Director136
WORONOFF MICHAEL AStock Award(Grant) at price 0.00 per share.D2022-03-31Director211
DIAMOND LAWRENCE J.Stock Award(Grant) at price 0.00 per share.D2022-03-31Chief Operating Officer2.34k
CUNNINGHAM JOHN HStock Award(Grant) at price 0.00 per share.D2022-03-31Officer2.34k
BINDA MARC E.Stock Award(Grant) at price 0.00 per share.D2022-03-31Officer and Treasurer2.34k
HAKMAN JOSEPHStock Award(Grant) at price 0.00 per share.D2022-03-31Chief Operating Officer1.23k
NEMETH TEREZIA CStock Award(Grant) at price 0.00 per share.D2022-03-31Officer1.23k
DEAN GARY D.Stock Award(Grant) at price 0.00 per share.D2022-03-31Officer1.23k
CLEM JACKIE BStock Award(Grant) at price 0.00 per share.D2022-03-31General Counsel1.23k
KASS HUNTERStock Award(Grant) at price 0.00 per share.D2022-03-31Officer7.82k
ALSBROOK MADELEINE THORPStock Award(Grant) at price 0.00 per share.D2022-03-31Officer780
LEE ORRAPARN C.Stock Award(Grant) at price 0.00 per share.D2022-03-31Officer780
FUKUZAKI-CARLSON KRISTINAStock Award(Grant) at price 0.00 per share.D2022-03-31Officer780
FELDMANN CYNTHIA LStock Award(Grant) at price 0.00 per share.D2022-03-24Director1k
CAIN JAMES PSale at price 193.26 per share.D2022-03-16Director425
BINDA MARC E.Sale at price 191.09 per share.D2022-02-25Officer and Treasurer3.23k
DIAMOND LAWRENCE J.Sale at price 190.21 per share.D2022-02-24Chief Operating Officer3.95k
CIRUZZI VINCENT R. JRSale at price 185.68 per share.D2022-02-18Officer3.59k
HAKMAN JOSEPHSale at price 186.00 per share.D2022-02-18Chief Operating Officer2.44k
MOGLIA PETER MSale at price 184.39 - 187.28 per share.D2022-02-17Chief Executive Officer5.5k
KASS HUNTERSale at price 184.96 per share.D2022-02-16Officer5.54k
RICHARDSON STEPHEN AStock Gift at price 0.00 per share.D2022-02-15Chief Executive Officer4.75k
NEMETH TEREZIA CSale at price 189.84 per share.D2022-02-09Officer2.5k
CUNNINGHAM JOHN HSale at price 185.77 per share.D2022-02-08Officer4.06k

Insider transaction explanations

Insider buying is the legal purchase of shares by a senior executive or director of a company. "Filer Name" corresponds to the name of the stock buyer or seller. "Transaction Text" describes the transaction. "Ownership" gives information about the transaction type. "Date" is the reported transaction date. "Filer Relation" gives the role of the insider in the company. "Shares" is the value of the transaction. You will find the complete description of the General Transaction Codes on the SEC dedicated page


Investment strategy backtesting

These are the result of three automatic investment systems applied to Alexandria Real Estate Equities Inc.. You will find the performance of an systematic investment system, a momentum strategy, and a buy the dip trading strategy.


Systematic investment results on Alexandria Real Estate Equities Inc.

Here is the result of two systematic investment strategies applied to Alexandria Real Estate Equities Inc.. The first strategy automatically buys the first day of the month, and the second strategy buys the fifteenth day of the month.

Systematic investment equity curve on Alexandria Real Estate Equities Inc.

The following chart shows the equity curve of the two systematic investment strategies applied to Alexandria Real Estate Equities Inc.:

Alexandria Real Estate Equities Inc. automated entries

The systematic investment strategy that buys the first day of the month would give a performance of 0% on the backtest period.

Performance at glance

Performance

0 %

Latent gain

0.0 £

Invested capital

0.0 £

Annualized return

0.0 %
Build your Trading System
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Momentum strategy results on Alexandria Real Estate Equities Inc.

This is the result of two momentum investment strategies applied to Alexandria Real Estate Equities Inc.. The first strategy uses a momentum signal calculated on one quarter, and the second uses a momentum signal calculated on two quarters.

Momentum entry openings on Alexandria Real Estate Equities Inc.

The following chart shows all the entries opened by the momentum investment system on Alexandria Real Estate Equities Inc.:

Alexandria Real Estate Equities Inc. momentum entries
  • The first momentum investment strategy would give 0% of return on Alexandria Real Estate Equities Inc.. That represents 0.0£ of latent gain with 0.0£ of employed capital.
  • The second momentum investment strategy would give 0% of return on Alexandria Real Estate Equities Inc.. That represents 0.0£ of latent gain with 0.0£ of employed capital.
Performance at glance (1Q Momentum)

Performance

0 %

Latent gain

0.0 £

Invested capital

0.0 £

Annualized return

-0.0 %
Performance at glance (2Q Momentum)

Performance

0 %

Latent gain

0.0 £

Invested capital

0.0 £

Annualized return

-0.0 %

Momentum equity curve on Alexandria Real Estate Equities Inc.

The following chart shows the equity curve of the two momentum strategies applied to Alexandria Real Estate Equities Inc.:

Alexandria Real Estate Equities Inc. momentum equity

Note: the dividends potentially given by Alexandria Real Estate Equities Inc. are not integrated into the calculation of the equity curve neither the performance of the strategy. The integration of the dividends will be available soon.


Employed capital on Alexandria Real Estate Equities Inc.

The following chart shows the employed capital evolution of the two momentum strategies on Alexandria Real Estate Equities Inc. since the beginning:

Alexandria Real Estate Equities Inc.

Note: the algorithm buys for a maximum of 250$ per entry. If the stock price is greater than 250£, the system buys only one stock per entry. The investment system stops automatically when the financial exposure reaches 10000£.


Buy the dip strategy result on Alexandria Real Estate Equities Inc.

Buy the dip entry openings on Alexandria Real Estate Equities Inc.

Alexandria Real Estate Equities Inc.

The performance achieved by the robo-advisor on Alexandria Real Estate Equities Inc. is 0%. That represents 0.0$ of latent gain with 0.0£ of employed capital. The following chart shows Alexandria Real Estate Equities Inc. stock price with all the entries opened by the automated investment system.

Note: The blue line represents the weekly stock price of Alexandria Real Estate Equities Inc., and the green triangles represent the entry openings. The artificall robo-advisor needs at least 100 weeks of trading history to work.

Performance at glance

Performance

0 %

Latent gain

0.0 £

Invested capital

0.0 £

Annualized return

-0.0 %

Equity curve of the strategy applied to Alexandria Real Estate Equities Inc.

The following chart shows the result of the investment strategy applied to Alexandria Real Estate Equities Inc.:

Alexandria Real Estate Equities Inc.

Note: the dividends potentially given by Alexandria Real Estate Equities Inc. are not integrated into the calculation of the equity curve neither the performance of the strategy. The integration of the dividends will be available soon.


Employed capital on Alexandria Real Estate Equities Inc.

The following chart shows the employed capital evolution since the beginning of the investment strategy on Alexandria Real Estate Equities Inc.:

Alexandria Real Estate Equities Inc.

Note: the algorithm buys for a maximum of 250$ per entry. If the stock price is greater than 250$, the system buys only one stock per entry. The investment system stops automatically when the financial exposure reaches 10000$.


Investment strategies comparison on Alexandria Real Estate Equities Inc.

In this section, I will compare the three previous investment strategies applied to Alexandria Real Estate Equities Inc..

Equity curve comparison on Alexandria Real Estate Equities Inc.

The following chart shows the equity curve of the artificall advisor, the trend folowing and the automatic investment strategies:

Alexandria Real Estate Equities Inc. investment strategy comparison

Employed capital comparison on Alexandria Real Estate Equities Inc.

Alexandria Real Estate Equities Inc. investment comparison

Performance comparison on Alexandria Real Estate Equities Inc.

Strategy Latent Profit Growth Employed capital CAGR
Automatic investment 0% 0.0£ 0.0£ 0.0%
Momentum 1 quarter 0% 0.0£ 0.0£ -0.0%
Momentum 2 quarters 0% 0.0£ 0.0£ -0.0%
Non-directional 0% 0.0£ 0.0£ -0.0%
Annualized return comparison

Automatic investment

0.0 %

Momentum 1Q

-0.0 %

Momentum 2Q

-0.0 %

Non-directional

-0.0 %

Correlated stocks

Here are the most positively and negatively correlated stocks with Alexandria Real Estate Equities Inc.:

Positive correlations

Most correlated stocks this year


Most correlated stocks last 3 months

Negative correlation

Most negatively correlated stocks this year


Most negatively correlated stocks last 3 months

Note: The algorithm computes the probability of correlation between Alexandria Real Estate Equities Inc. and the other stocks. There may be false positives or some missing correlated stocks. If the price of Alexandria Real Estate Equities Inc. does not vary for 36 weeks, the correlation calculation result will be wrong.


Company information

Company name Alexandria Real Estate Equities Inc.
Country United States
City Pasadena
Address 26 North Euclid Avenue
Phone 626-578-0777
Website www.are.com
FullTime employees 559
Industry
Sector
Exchange XLON
Ticker 0HCH.XLON
Market www.londonstockexchange.com

Alexandria Real Estate Equities Inc. ESG Scores

Environment scores

Environment ESG Factors Scores
Environment Score 3.0
Peer Environment Performance 3.6505940594059
Environment Percentile unknown
Palm Oil no
Nuclear no
Fur Leather no
GMO no
Coal no
Pesticides no
Animal Testing no

Social scores

Social ESG Factors Scores
Social Score 6.3
Peer Social Performance 4.2226732673267
Social Percentile unknown
Highest Controversy 0
Peer Highest Controversy Performance 0.54807692307692
Adult no
Gambling no
Alcoholic no
Tobacco no
Catholic no
Controversial Weapons no
Small Arms no
Military Contract no
Peer Count yes

Related Controversy:


Governance scores

Governance ESG Factors Scores
Governance Score 5.5
Peer Governance Performance 6.0748514851485
Governance Percentile unknown

ESG at glance
Total ESG Scores: 14.8
Environment Score: 3.0
Social Score: 6.3
Governance Score: 5.5

ESG Performance: UNDER_PERF

Peer Group: Real Estate

Peer Esg Score Performance: 14.004326923077

Rating Year: 2022

Rating Month: 8

Max Age: 86400

Percentile: 10