ARE vs ESRT vs PUSA Stock Comparison

Alexandria Real Estate Equities, Empire State Realty Trust and Powerus Prices as of Oct 26, 2026 Peers: Industry group
PUSA Powerus Corp
$2.03 -45.4% 1M -73.4% 1Y
Market cap
$94.97M
P/E
–
Revenue (TTM)
$3.21M
Div. yield
–
Entertainment Venues Consumer Discretionary
1 win

Head to Head

8 decided of 12

Empire State Realty Trust leads on 4 of the 12 questions below (Empire State Realty Trust 4, Alexandria Real Estate Equities 3, Powerus 1). Which ones matter depends on what you are buying for; a cheap multiple and slow growth often come together.

QuestionAREESRTPUSALeader
Larger companyMarket capitalisation $6.96B $861.18M $94.97M ARE
Cheaper on earningsLower P/E, profitable companies only -4.8x 280.2x -19.2x –
Cheaper on forward earningsLower price / next fiscal year consensus EPS 27.8x — — –
Faster revenue growthRevenue growth, trailing twelve months -9.9% +2.0% +6.1% PUSA
More profitableNet margin, trailing twelve months -52.0% 0.4% -154.2% ESRT
Better return on capitalReturn on invested capital — -1.1% — –
Less leveragedLower net debt / EBITDA — 5.0x — –
Higher dividend yieldTrailing dividend yield 0.09% 0.03% 0.00% ARE
Better 1-year returnPrice return, last 12 months -44.0% -36.6% -73.4% ESRT
Better 5-year returnAnnualised price return, 5 years -26.8%/yr -13.7%/yr — ESRT
Less volatileAnnualised volatility, 1 year 50.0% 36.7% 114.6% ESRT
Higher overall scoreMean of the five percentile scores vs peers 39/100 35/100 24/100 ARE

Percentile Scorecard

AREESRTPUSA

Each axis is the mean percentile of its metrics against the company's industry group. 100 is the best in the group, 50 the middle.

Scores by Axis

AxisAREESRTPUSA
Valuation 73 #40 of 145 76 #35 of 145 12 #39 of 44
Growth 7 #132 of 142 1 #140 of 142 0 #43 of 43
Profitability 14 #117 of 136 25 #102 of 136 8 #38 of 41
Financial Health 74 #37 of 139 60 #56 of 139 100 #1 of 47
Shareholder Returns 29 #94 of 131 12 #115 of 131 0 #28 of 28
Overall 39 35 24
  • ARE ranked among 149 companies in Property REITs
  • ESRT ranked among 149 companies in Property REITs
  • PUSA ranked among 48 companies in Gaming and Leisure

Price Performance

Price return, split-adjusted, before dividends. Click a name to hide or show it.

Returns

PeriodAREESRTPUSASPY
1 month -13.1%+22.9%-45.4% -0.8%
3 months -15.6%-10.5%-38.1% +3.5%
6 months -4.8%-11.2%-47.1% +7.0%
Year to date -11.4%-22.5%-35.6% +12.2%
1 year -44.0%-36.6%-73.4% +13.0%
3 years -52.7%-37.0%— +86.3%
3 years, per year -22.1%-14.3%— +23.1%
5 years -78.9%-52.0%— +68.6%
5 years, per year -26.8%-13.7%— +11.0%
10 years -59.1%-74.4%— +258.0%
10 years, per year -8.6%-12.7%— +13.6%

Risk

MeasureAREESRTPUSASPY
Volatility, 1Y 50.0%36.7%114.6% 12.7%
Downside volatility, 1Y 56.4%42.0%116.4% 12.7%
Beta vs S&P 500, 1Y 0.750.321.29 1.00
Return / volatility, 1Y -0.88-1.00-0.64 1.02
Max drawdown, 5Y -81.9%-65.6%-89.9% -25.4%
From 52-week high -44.3%-36.6%-74.0% -1.8%
52-week high $77.87$7.96$7.82 $779.14
52-week low $40.41$3.93$1.87 $631.97

Valuation History

Weekly multiples on trailing twelve-month fundamentals. Negative or extreme readings (a loss year, a collapsed denominator) are left out so the chart stays readable.

MultipleAREESRTPUSA
P/E now vs peer median -5.2xmedian 27.4x 281.1xmedian 27.4x -20.4xmedian 17.1x
P/S now vs peer median 2.7xmedian 4.2x 1.1xmedian 4.2x 31.5xmedian 1.9x
EV/EBITDA now vs peer median —median 14.2x 10.0xmedian 14.2x -9.3xmedian 10.9x
P/FCF now vs peer median -16.0xmedian 23.2x -2.0xmedian 23.2x -42.6xmedian 11.4x
P/B now vs peer median 0.4xmedian 1.3x 0.5xmedian 1.3x 2.2xmedian 2.5x
PEG now vs peer median 0.05median 2.11 -4.70median 2.11 —median 0.57

Financial History

Reported figures by fiscal period, placed on the calendar year (or quarter) each period ended in, so companies with different fiscal years line up.

Trailing twelve monthsAREESRTPUSA
Revenue $2.76B $784.18M $3.21M
Operating income – -$34.52M -$6.56M
Net income -$1.39B $9.26M -$4.95M
Free cash flow -$473.23M -$437.31M -$2.38M
EPS (diluted) $-8.40 $0.01 $-0.10
Cash & equivalents $508.86M $85.61M $22.20M
Total debt $12.90B $4.54B –
Shares (diluted) 170.75M 268.95M 49.86M
Enterprise value -$633.23M $419.99M -$43.42M

All Metrics

58 metrics · best in bold

Bold marks the best reading: the lowest positive value for multiples, leverage and payout, the highest for everything else. The bar under each value is its percentile against that company's own peers. Hover a value for its rank and the peer median.

Valuation

12 metrics
MetricAREESRTPUSA
P/E -5.2x 281.1x -20.4x
P/FCF -16.0x -2.0x -42.6x
P/Operating cash flow 6.4x 3.8x -63.3x
P/S 2.7x 1.1x 31.5x
P/B 0.4x 0.5x 2.2x
P/Tangible book 0.4x 0.5x 2.2x
EV/EBITDA – 10.0x -9.3x
EV/EBIT – -50.3x -8.9x
EV/Revenue 6.6x 2.2x 18.2x
EV/FCF -38.7x -4.0x -24.6x
EV/Operating cash flow 15.4x 7.6x -36.6x
PEG (3Y EPS CAGR) 0.05 -4.70 –

Growth

14 metrics
MetricAREESRTPUSA
Revenue growth (1Y) -9.9% 2.0% 6.1%
Revenue CAGR (3Y) -0.5% 2.9% –
Gross profit growth (1Y) – – –
Gross profit CAGR (3Y) – – –
Operating income growth (1Y) – -123.1% -922.9%
Operating income CAGR (3Y) – -31.0% –
Net income growth (1Y) -339.2% -86.5% -960.6%
Net income CAGR (3Y) -74.6% -51.3% –
EPS growth (1Y) -239.7% -92.4% -195.3%
EPS CAGR (3Y) -100.7% -59.8% –
Operating cash flow growth (1Y) -13.7% -13.3% -149.0%
Operating cash flow CAGR (3Y) -9.5% -0.8% –
Free cash flow growth (1Y) 33.5% -169.4% -139.7%
Free cash flow CAGR (3Y) 43.5% -149.9% –

Profitability

14 metrics
MetricAREESRTPUSA
Gross margin – – –
EBITDA margin – 22.1% -196.5%
Operating margin – -4.4% -204.1%
Pretax margin – 1.3% -159.4%
Net margin -52.0% 0.4% -154.2%
FCF margin -17.1% -55.8% -74.0%
Operating cash flow margin 43.0% 29.0% -49.8%
Return on equity -6.6% 0.5% -11.2%
Return on assets -3.6% 0.2% -10.9%
Return on invested capital – -1.1% –
Return on capital employed – – -14.6%
Asset turnover 0.1x 0.2x 0.1x
Cash conversion (OCF / net income) -0.9x 24.6x 0.3x
Stock comp / revenue 1.5% 3.9% 106.7%

Financial Health

11 metrics
MetricAREESRTPUSA
Debt / assets 37.9% 22.4% –
Debt / equity 0.7x 0.5x –
Net debt / EBITDA – 5.0x –
Debt / FCF -27.3x -2.2x –
Liabilities / assets 45.9% 58.1% 3.0%
Equity / assets 54.1% 41.9% 97.0%
Interest coverage – -0.3x –
Current ratio – – 52.4x
Quick ratio – – 52.1x
Cash ratio – – 52.0x
Altman Z-score – – 42.33

Shareholder Returns

7 metrics
MetricAREESRTPUSA
Dividend yield 6.6% 3.1% –
Net buyback yield – – -36.8%
Shareholder yield 6.6% 3.1% -36.8%
Payout ratio (earnings) -43.0% 259.1% –
Payout ratio (FCF) -126.5% -5.5% –
Dividend growth (1Y) -34.4% 2.2% –
Dividend CAGR (3Y) -10.2% 1.9% –

Analyst Estimates

Solid lines are reported fiscal-year results; dashed lines are the consensus for the years ahead. Hover a year for the analysts' high and low, and how each result compared with its estimate.

ConsensusAREESRTPUSA
Forward P/E 27.8xFY2026 – –
EPS, next fiscal year $1.56FY2026 $-0.35FY2027 –
EPS growth, next FY – -240.0%FY2027 –
EPS growth, the year after -150.6% – –
Revenue, next fiscal year $2.71BFY2026 $758.24MFY2026 –
Revenue growth, next FY -8.2%FY2026 -1.3%FY2026 –
Revenue growth, the year after -13.7% +4.5% –

Institutional Ownership

13F filings, quarter ended Jun 30, 2026
HoldersAREESRTPUSA
Held by institutions 97.2% 83.1% 4.8%
Institutions holding 595 228 32
Change in shares held, QoQ +14.1% +0.4% +209.7%
Institutions buying 336 141 27
Institutions selling 191 51 1
Buyers to sellers 1.76 2.76 27.00

Return Correlation

Daily returns, last 12 months

1.00 means two stocks move in lockstep, 0 that they move independently. Pairs below about 0.5 diversify each other.

AREESRTPUSA
ARE 1.00 0.34 0.02
ESRT 0.34 1.00 -0.06
PUSA 0.02 -0.06 1.00

Add a Peer

Largest companies in the same industry

Related Comparisons

Frequently Asked Questions

Which is bigger, ARE, ESRT and PUSA?

Alexandria Real Estate Equities (ARE) is the largest by market capitalisation: Alexandria Real Estate Equities (ARE) $6.96B, Empire State Realty Trust (ESRT) $861.18M, Powerus (PUSA) $94.97M.

Which company is growing faster?

Powerus (PUSA) grew revenue fastest over the trailing twelve months: Alexandria Real Estate Equities (ARE) -9.9%, Empire State Realty Trust (ESRT) +2.0%, Powerus (PUSA) +6.1%.

Which company is more profitable?

Empire State Realty Trust (ESRT) has the highest net margin (Alexandria Real Estate Equities (ARE) -52.0%, Empire State Realty Trust (ESRT) 0.4%, Powerus (PUSA) -154.2%).

Which stock has performed better?

Over the past year Empire State Realty Trust (ESRT) returned the most: Alexandria Real Estate Equities (ARE) -44.0%, Empire State Realty Trust (ESRT) -36.6%, Powerus (PUSA) -73.4%. Over five years, Empire State Realty Trust (ESRT) compounded fastest (Alexandria Real Estate Equities (ARE) -26.8%/yr, Empire State Realty Trust (ESRT) -13.7%/yr). Returns are price only, before dividends.

Which pays a higher dividend?

Alexandria Real Estate Equities (ARE) has the highest dividend yield: Alexandria Real Estate Equities (ARE) 0.09%, Empire State Realty Trust (ESRT) 0.03%, Powerus (PUSA) 0.00%. Powerus (PUSA) pays no regular dividend.

Which stock is riskier?

By one-year price volatility, Empire State Realty Trust (ESRT) has been the steadiest (Alexandria Real Estate Equities (ARE) 50.0%, Empire State Realty Trust (ESRT) 36.7%, Powerus (PUSA) 114.6%). Volatility measures how widely the price swings, not the risk of the business.

Which is the better stock, ARE, ESRT and PUSA?

There is no single answer; it depends on what you are buying for. On the 12 head-to-head measures on this page, Empire State Realty Trust (ESRT) leads on 4. Business Quant does not give investment advice; use the comparison as a starting point for your own research.

Data from SEC filings, exchange prices and consensus estimates, via Business Quant. Percentile scores compare each company with its own peer group, so two companies' scores are each relative to different peers unless you rank against the whole market. Price returns exclude dividends. Nothing on this page is investment advice.