US · ARE
Alexandria Real Estate Equities, Inc.
- Sector
- Real Estate · REIT - Office
- Headquarters
- Pasadena, CA 91101
- Website
- are.com
Price · as of 2025-12-31
$41.39
Market cap 9.37B
Valuation summary
Four models, one snapshot. Upside is target ÷ current − 1.
| Valuation method | Value, $ | Upside, % |
|---|---|---|
| Artificial Intelligence(AI) | $42.26 | +2.1% |
| Intrinsic Value(DCF) | $21.05 | -49.14% |
| Graham-Dodd Method(GD) | — | — |
| Graham Formula(GF) | — | — |
Valuation history
Annual price (USD per share) overlaid with each model's fair value. Y-axis is log scale.
| Year | Price | AI | DCF | Graham-Dodd | Graham Formula |
|---|---|---|---|---|---|
| 2011 | $43.79 | $42.56 | $17.80 | $33.59 | $27.88 |
| 2012 | $45.34 | $36.05 | $14.48 | $26.35 | $36.93 |
| 2013 | $47.51 | $41.92 | $6.80 | $24.60 | $30.83 |
| 2014 | $65.86 | $49.29 | $9.20 | $12.82 | $32.35 |
| 2015 | $60.10 | $57.57 | $5.68 | $14.68 | $41.08 |
| 2016 | $79.05 | $88.58 | $8.46 | $8.23 | $0.00 |
| 2017 | $94.20 | $107.76 | $0.01 | $21.51 | $59.54 |
| 2018 | $106.13 | $110.70 | $0.11 | $40.20 | $127.30 |
| 2019 | $126.03 | $71.43 | $0.00 | $34.88 | $70.28 |
| 2020 | $133.04 | $77.79 | $3.13 | $60.15 | $194.73 |
| 2021 | $156.98 | $158.86 | $12.34 | $62.66 | $74.01 |
| 2022 | $108.94 | $64.42 | $6.01 | $63.19 | $94.76 |
| 2023 | $114.11 | $70.01 | $0.00 | $36.73 | $10.96 |
| 2024 | $96.28 | $71.64 | $0.00 | $35.02 | $28.18 |
| 2025 | $52.63 | $42.26 | $0.00 | $0.00 | $0.00 |
AI valuation
Our deep-learning model estimates Alexandria Real Estate Equities, Inc.'s (ARE) per-share fair value from quarterly fundamentals, sector trend, and historical valuation patterns.
- AI fair value
- $42.26
- Current price
- $41.39
- AI upside
- +2.1%
Methodology and confidence bands appear in the dedicated valuation theory section. The AI score is an estimate, not a recommendation.
Intrinsic value (DCF)
Open DCF calculatorThree textbook valuation models, recomputed daily from the latest financial statements. The DCF uses our Chepakovich model. Graham-Dodd and Graham Formula are conservative reference points.
DCF
$21.05
-49.14% upside
Graham-Dodd
—
— upside
Graham Formula
—
— upside
Peer comparison
Same-industry comparables, ranked by market cap.
| Basic Info | Model Valuation | Core Valuation | Profitability | Leverage & Liquidity | Growth | Cash Flow | Dividends | Enterprise Value | Risk | ||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Ticker | Company Name | Price | Market Cap | AI Upside | DCF Upside | GD Upside | GF Upside | P/E | P/B | P/S | EV/EBITDA | PEG | P/TBV | Gross Margin | Operating Margin | Net Margin | ROE | ROIC | ROA | Debt/Equity | Interest Coverage | Current Ratio | Quick Ratio | Net Debt/EBITDA | EPS Growth | Sales Growth | FCF Growth | FCF Yield | Op Cash Flow Ratio | Cash ROIC | Dividend Yield | Dividend Payout | Shareholder Yield | EV/EBIT | EV/FCF | EV/Sales | Altman Z-Score |
| ARE | Alexandria Real Estate Eq… | $41.39 | 9.37B | +2% | -49% | — | — | -6.24 | 0.58 | 3.02 | 58.76 | — | 0.58 | 68.94% | -40.47% | -48.15% | -8.62% | -4.16% | -4.02% | 0.82 | -5.30 | 0.43 | 0.40 | 33.88 | -56889.00% | -259.00% | -601.00% | 15.77% | 0.65 | 4.90% | 10.16% | -63.40% | 12.49% | -17.62 | 14.98 | 7.13 | 0.29 |
| AVB | AvalonBay Communities, In… | $177.23 | 25.09B | -19% | -57% | -91% | -49% | 23.86 | 2.13 | 8.30 | 15.42 | — | 2.13 | 66.99% | 30.07% | 34.64% | 8.89% | 4.45% | 4.89% | 0.79 | 3.53 | 0.25 | 0.25 | 4.10 | -276.00% | 429.00% | 1853.00% | 6.63% | 2.26 | 8.14% | 3.94% | 93.90% | 5.87% | 37.59 | 20.56 | 11.30 | 1.70 |
| BXP | BXP, Inc. | $57.58 | 9.12B | +91% | -51% | -29% | -69% | 32.32 | 1.74 | 2.57 | 12.81 | 1.76 | 1.74 | 60.56% | 55.71% | 7.95% | 5.24% | 9.13% | 1.06% | 3.37 | 3.00 | 2.28 | 2.11 | 8.19 | 183333.00% | 219.00% | -9257.00% | 0.65% | 0.04 | 0.27% | 0.00% | 0.00% | 2.11% | 12.80 | 424.95 | 7.13 | 0.76 |
| ESS | Essex Property Trust, Inc… | $255.11 | 16.45B | -14% | -53% | — | -39% | 24.64 | 2.98 | 8.68 | 14.86 | — | 2.98 | 68.82% | 43.88% | 35.38% | 12.09% | 6.86% | 5.13% | 1.25 | 3.24 | 2.30 | 3.29 | 4.36 | -979.00% | 711.00% | 1529.00% | 6.51% | 10.87 | 8.84% | 3.96% | 97.70% | 4.01% | 27.84 | 21.61 | 12.22 | 1.58 |
| HIW | Highwoods Properties, Inc… | $22.49 | 2.47B | +2% | -57% | — | -62% | 33151.75 | 1.03 | 3.04 | 9.94 | 61103.23 | 1.15 | 67.58% | 25.99% | 19.80% | 0.00% | 3.61% | 0.00% | 1.53 | 1.37 | 42.45 | 43.83 | 5.92 | 5426.00% | -239.00% | -5873.00% | 6.79% | 41.73 | 2.87% | 8.93% | 296063.50% | 9.02% | 28.94 | 36.40 | 7.52 | 0.50 |
| KRC | Kilroy Realty Corporation | $29.82 | 3.53B | +49% | -56% | +92% | -52% | 12.79 | 0.65 | 3.17 | 10.10 | 41.15 | 0.69 | 67.00% | 28.36% | 24.81% | 5.11% | 3.16% | 2.53% | 0.89 | 1.71 | 4.24 | 4.45 | 5.77 | 3107.00% | -202.00% | 130979.00% | 16.04% | 3.89 | 5.67% | 0.00% | 0.00% | 0.00% | 25.88 | 14.42 | 7.34 | 0.67 |
| MAA | Mid-America Apartment Com… | $133.86 | 15.65B | -39% | -54% | — | -75% | 34.36 | 2.76 | 7.10 | 15.92 | — | 2.76 | 31.83% | 28.04% | 20.23% | 7.84% | 5.60% | 3.84% | 0.95 | 3.34 | 0.16 | 0.15 | 4.05 | -1581.00% | 83.00% | -747.00% | 4.58% | 1.48 | 6.55% | 4.54% | 156.10% | 4.72% | 33.88 | 29.23 | 9.50 | 1.63 |
| REG | Regency Centers Corporati… | $79.00 | 14.45B | -24% | -60% | -36% | -60% | 28.55 | 2.18 | 9.69 | 21.29 | 84.84 | 2.32 | 44.66% | 37.03% | 33.94% | 7.74% | 4.72% | 4.15% | 0.86 | 2.72 | 1.05 | 1.05 | 5.93 | 3365.00% | 339.00% | -10000.00% | 0.00% | 0.00 | 0.00% | 0.00% | 0.00% | 0.00% | 36.27 | — | 13.43 | 1.61 |
| SLG | SL Green Realty Corp. | $36.85 | 2.62B | +135% | -9% | — | — | -30.00 | 0.68 | 2.64 | 24.83 | — | 0.71 | 34.08% | 15.35% | -8.80% | -2.26% | 1.56% | -0.82% | 2.06 | 0.60 | 1.03 | 1.03 | 18.43 | -214835.00% | 4196.00% | 468.00% | 3.13% | 0.13 | 0.84% | 9.16% | -274.90% | 9.69% | 66.77 | 124.03 | 10.25 | 0.28 |
| VNO | Vornado Realty Trust | $27.58 | 5.26B | +12% | -60% | +41% | +59% | 5.60 | 0.88 | 2.90 | 6.96 | 0.05 | 0.89 | 100.00% | 15.03% | 49.99% | 16.82% | 2.03% | 5.95% | 1.32 | 0.77 | 1.80 | 1.67 | 3.99 | 1040000.00% | 127.00% | 13402.00% | 23.97% | 1.15 | 9.52% | 3.87% | 21.70% | 27.97% | 45.18 | 9.77 | 6.79 | 0.29 |
About Alexandria Real Estate Equities, Inc.
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.
- CEO
- Peter Moglia
- Employees
- 552
- Beta
- 1.32
Disclaimer: Information on this page is provided for educational purposes only and does not constitute investment advice. Upside computed as ($21.05 ÷ $41.39) − 1 = -49.14% (DCF, example).