ARE vs SLG vs DEI Stock Comparison

Alexandria Real Estate Equities, Sl Green Realty and Douglas Emmett Prices as of Oct 27, 2026 Peers: Industry group
SLG Sl Green Realty Corp
$49.47 -3.0% 1M -6.2% 1Y
Market cap
$3.51B
P/E
–
Revenue (TTM)
$1.07B
Div. yield
4.80%
Office REITs Real Estate
4 wins
DEI Douglas Emmett Inc
$10.06 +2.5% 1M -24.5% 1Y
Market cap
$1.69B
P/E
–
Revenue (TTM)
$1.01B
Div. yield
7.55%
Office REITs Real Estate
3 wins

Head to Head

8 decided of 12

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

QuestionARESLGDEILeader
Larger companyMarket capitalisation $7.12B $3.51B $1.69B ARE
Cheaper on earningsLower P/E, profitable companies only -4.9x -24.4x -73.7x –
Cheaper on forward earningsLower price / next fiscal year consensus EPS 26.2x — — –
Faster revenue growthRevenue growth, trailing twelve months -9.9% +9.7% +0.8% SLG
More profitableNet margin, trailing twelve months -52.0% — -2.3% DEI
Better return on capitalReturn on invested capital — — — –
Less leveragedLower net debt / EBITDA — — 23.3x –
Higher dividend yieldTrailing dividend yield 7.05% 4.80% 7.55% DEI
Better 1-year returnPrice return, last 12 months -47.5% -6.2% -24.5% SLG
Better 5-year returnAnnualised price return, 5 years -27.6%/yr -7.4%/yr -21.1%/yr SLG
Less volatileAnnualised volatility, 1 year 50.3% 38.2% 30.9% DEI
Higher overall scoreMean of the five percentile scores vs peers 39/100 49/100 31/100 SLG

Percentile Scorecard

ARESLGDEI

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

AxisARESLGDEI
Valuation 74 #38 of 145 49 #75 of 145 65 #51 of 145
Growth 7 #131 of 141 40 #85 of 141 6 #132 of 141
Profitability 14 #115 of 134 – 20 #108 of 134
Financial Health 72 #39 of 138 – 16 #116 of 138
Shareholder Returns 29 #94 of 131 59 #54 of 131 49 #67 of 131
Overall 39 49 31
  • ARE ranked among 149 companies in Property REITs
  • SLG ranked among 149 companies in Property REITs
  • DEI ranked among 149 companies in Property REITs

Price Performance

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

Returns

PeriodARESLGDEISPY
1 month -18.1%-3.0%+2.5% -0.2%
3 months -24.3%-6.8%-16.3% +3.9%
6 months +1.1%+12.8%-9.5% +8.2%
Year to date -16.5%+7.8%-8.5% +12.9%
1 year -47.5%-6.2%-24.5% +12.3%
3 years -55.4%+69.1%-9.6% +87.4%
3 years, per year -23.6%+19.2%-3.3% +23.3%
5 years -80.2%-31.7%-69.3% +67.9%
5 years, per year -27.6%-7.4%-21.1% +10.9%
10 years -61.1%-51.8%-72.0% +261.1%
10 years, per year -9.0%-7.0%-11.9% +13.7%

Risk

MeasureARESLGDEISPY
Volatility, 1Y 50.3%38.2%30.9% 12.7%
Downside volatility, 1Y 56.8%38.7%30.8% 12.7%
Beta vs S&P 500, 1Y 0.730.930.62 1.00
Return / volatility, 1Y -0.95-0.16-0.79 0.97
Max drawdown, 5Y -81.9%-76.2%-75.1% -25.4%
From 52-week high -47.5%-17.3%-24.5% -1.2%
52-week high $77.87$59.83$13.32 $779.14
52-week low $40.41$35.33$9.18 $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.

MultipleARESLGDEI
P/E now vs peer median -4.9xmedian 26.3x -24.4xmedian 26.3x -73.7xmedian 26.3x
P/S now vs peer median 2.6xmedian 4.0x 3.3xmedian 4.0x 1.7xmedian 4.0x
EV/EBITDA now vs peer median —median 14.4x —median 14.4x 30.6xmedian 14.4x
P/FCF now vs peer median -15.0xmedian 23.3x -3.5xmedian 23.3x -22.4xmedian 23.3x
P/B now vs peer median 0.4xmedian 1.3x 0.9xmedian 1.3x 0.5xmedian 1.3x
PEG now vs peer median 0.05median 1.91 -0.71median 1.91 2.18median 1.91

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 monthsARESLGDEI
Revenue $2.76B $1.07B $1.01B
Gross profit – – $636.52M
Operating income – – -$179.54M
Net income -$1.39B – -$55.59M
Free cash flow -$473.23M – -$75.33M
EPS (diluted) $-8.40 $-2.03 $-0.14
Cash & equivalents $508.86M $186.44M $354.96M
Total debt $12.90B – $5.72B
Shares (diluted) 170.75M 70.67M 167.49M
Enterprise value $3.13B $3.51B $1.90B

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
MetricARESLGDEI
P/E -4.9x -24.4x -73.7x
P/FCF -15.0x -3.5x -22.4x
P/Operating cash flow 6.0x – 4.4x
P/S 2.6x 3.3x 1.7x
P/B 0.4x 0.9x 0.5x
P/Tangible book 0.4x 1.2x 0.5x
EV/EBITDA – – 30.6x
EV/EBIT – – -39.3x
EV/Revenue 6.5x 3.3x 7.0x
EV/FCF -37.8x – -93.6x
EV/Operating cash flow 15.0x – 18.3x
PEG (3Y EPS CAGR) 0.05 -0.71 2.18

Growth

14 metrics
MetricARESLGDEI
Revenue growth (1Y) -9.9% 9.7% 0.8%
Revenue CAGR (3Y) -0.5% 1.5% -0.2%
Gross profit growth (1Y) – – 0.5%
Gross profit CAGR (3Y) – – -1.2%
Operating income growth (1Y) – – -4.6%
Operating income CAGR (3Y) – – -8.3%
Net income growth (1Y) -339.2% – -267.2%
Net income CAGR (3Y) -74.6% – -45.8%
EPS growth (1Y) -239.7% -7,085% -160.7%
EPS CAGR (3Y) -100.7% 34.3% -33.8%
Operating cash flow growth (1Y) -13.7% – -1.5%
Operating cash flow CAGR (3Y) -9.5% – -7.2%
Free cash flow growth (1Y) 33.5% – -134.4%
Free cash flow CAGR (3Y) 43.5% – -31.1%

Profitability

14 metrics
MetricARESLGDEI
Gross margin – – 63.2%
EBITDA margin – – 22.9%
Operating margin – – -17.8%
Pretax margin – – -45.0%
Net margin -52.0% – -2.3%
FCF margin -17.1% – -7.5%
Operating cash flow margin 43.0% – 38.3%
Return on equity -6.6% -2.6% -2.0%
Return on assets -3.6% – -0.7%
Return on invested capital – – –
Return on capital employed – – –
Asset turnover 0.1x – 0.1x
Cash conversion (OCF / net income) -0.9x – -6.9x
Stock comp / revenue 1.5% – 2.1%

Financial Health

11 metrics
MetricARESLGDEI
Debt / assets 37.9% – 59.9%
Debt / equity 0.7x – 1.6x
Net debt / EBITDA – – 23.3x
Debt / FCF -27.3x – -76.0x
Liabilities / assets 45.9% – 63.2%
Equity / assets 54.1% – 36.8%
Interest coverage – – -0.7x
Current ratio – – –
Quick ratio – – –
Cash ratio – – –
Altman Z-score – – –

Shareholder Returns

7 metrics
MetricARESLGDEI
Dividend yield 7.0% 4.8% 7.6%
Net buyback yield – – –
Shareholder yield 7.0% 4.8% 7.6%
Payout ratio (earnings) -43.0% – -228.9%
Payout ratio (FCF) -126.5% – -169.0%
Dividend growth (1Y) -34.4% – 0.0%
Dividend CAGR (3Y) -10.2% – -8.3%

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.

ConsensusARESLGDEI
Forward P/E 26.2xFY2026 – –
EPS, next fiscal year $1.56FY2026 $-0.75FY2026 $-0.12FY2026
EPS growth, next FY – – -233.3%FY2026
EPS growth, the year after -150.6% – –
Revenue, next fiscal year $2.71BFY2026 $640.65MFY2026 $1.09BFY2026
Revenue growth, next FY -8.2%FY2026 +6.5%FY2026 +9.1%FY2026
Revenue growth, the year after -13.7% +6.4% -6.2%

Institutional Ownership

13F filings, quarter ended Jun 30, 2026
HoldersARESLGDEI
Held by institutions 97.2% 99.3% 100.0%
Institutions holding 595 355 283
Change in shares held, QoQ +14.1% +0.0% +5.5%
Institutions buying 336 185 171
Institutions selling 191 118 77
Buyers to sellers 1.76 1.57 2.22

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.

ARESLGDEI
ARE 1.00 0.50 0.42
SLG 0.50 1.00 0.69
DEI 0.42 0.69 1.00

Add a Peer

Largest companies in the same industry

Related Comparisons

Frequently Asked Questions

Which is bigger, ARE, SLG and DEI?

Alexandria Real Estate Equities (ARE) is the largest by market capitalisation: Alexandria Real Estate Equities (ARE) $7.12B, Sl Green Realty (SLG) $3.51B, Douglas Emmett (DEI) $1.69B.

Which company is growing faster?

Sl Green Realty (SLG) grew revenue fastest over the trailing twelve months: Alexandria Real Estate Equities (ARE) -9.9%, Sl Green Realty (SLG) +9.7%, Douglas Emmett (DEI) +0.8%.

Which company is more profitable?

Douglas Emmett (DEI) has the highest net margin (Alexandria Real Estate Equities (ARE) -52.0%, Douglas Emmett (DEI) -2.3%).

Which stock has performed better?

Over the past year Sl Green Realty (SLG) returned the most: Alexandria Real Estate Equities (ARE) -47.5%, Sl Green Realty (SLG) -6.2%, Douglas Emmett (DEI) -24.5%. Over five years, Sl Green Realty (SLG) compounded fastest (Alexandria Real Estate Equities (ARE) -27.6%/yr, Sl Green Realty (SLG) -7.4%/yr, Douglas Emmett (DEI) -21.1%/yr). Returns are price only, before dividends.

Which pays a higher dividend?

Douglas Emmett (DEI) has the highest dividend yield: Alexandria Real Estate Equities (ARE) 7.05%, Sl Green Realty (SLG) 4.80%, Douglas Emmett (DEI) 7.55%.

Which stock is riskier?

By one-year price volatility, Douglas Emmett (DEI) has been the steadiest (Alexandria Real Estate Equities (ARE) 50.3%, Sl Green Realty (SLG) 38.2%, Douglas Emmett (DEI) 30.9%). Volatility measures how widely the price swings, not the risk of the business.

Which is the better stock, ARE, SLG and DEI?

There is no single answer; it depends on what you are buying for. On the 12 head-to-head measures on this page, Sl Green Realty (SLG) 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.