Alexandria Real Estate Equities (ARE) EV to CFO (2010 - 2026)
Alexandria Real Estate Equities' (ARE) EV to CFO stood at 8.47 in Q2 2026, down 22.0% from 10.85 a year earlier but up 18.6% from the prior quarter.
Alexandria Real Estate Equities (ARE) EV to CFO (2010 - 2026) Analysis & Trends
On a TTM basis, Alexandria Real Estate Equities' EV to CFO came in at 4.27 as of Jun 30, 2026, down 38.0% year-over-year; for FY2025, it came in at 7.22, down 44.0% from FY2024.
- Annual EV to CFO has declined for four straight years.
- Across earlier years, EV to CFO came in at 12.90 in FY2024 (-11.6%), 14.60 in FY2023 (-27.4%), 20.10 in FY2022 (-42.9%) and 35.21 in FY2021 (+31.6%).
- Quarterly EV to CFO has ranged from 7.14 in Q1 2026 to 35.21 in Q4 2021 over the past five years.
- On a year-over-year basis, EV to CFO has declined for seven consecutive quarters, with an average decline of 19.2% over the last eight quarters.
- Peak year-over-year performance for EV to CFO in the last five years was growth of 31.6% in Q4 2021, against a decline of 52.7% in Q1 2023 at the low end.
- Per Business Quant, the preceding three quarters came in at 7.14 (Q1 2026), 7.22 (Q4 2025) and 12.29 (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Welltower | 164.16 Bn | 146.67 Bn | 1.39 Bn |
| 2 | Prologis | 120.28 Bn | 124.68 Bn | - |
| 3 | Simon Property | 68.97 Bn | 70.18 Bn | - |
| 4 | Realty Income | 51.22 Bn | 53.60 Bn | - |
| 5 | Public Storage | 49.85 Bn | 48.94 Bn | - |
| 6 | Ventas | 43.09 Bn | 42.28 Bn | - |
| 7 | Extra Space Storage | 28.15 Bn | 28.15 Bn | 642.43 Mn |
| 8 | Vici Properties | 24.95 Bn | 23.07 Bn | 1.05 Bn |
| 9 | Vivmark Residential | 22.41 Bn | 22.60 Bn | - |
| 10 | Alexandria Real Estate Equities | 8.25 Bn | 4.51 Bn | - |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 8.47 |
| Mar 31, 2026 | 7.14 |
| Dec 31, 2025 | 7.22 |
| Sep 30, 2025 | 12.29 |
| Jun 30, 2025 | 10.85 |
| Mar 31, 2025 | 13.72 |
| Dec 31, 2024 | 12.90 |
| Sep 30, 2024 | 13.98 |
| Jun 30, 2024 | 14.29 |
| Mar 31, 2024 | 14.78 |
| Dec 31, 2023 | 14.60 |
| Sep 30, 2023 | 12.13 |
| Jun 30, 2023 | 13.64 |
| Mar 31, 2023 | 16.01 |
| Dec 31, 2022 | 20.10 |
| Sep 30, 2022 | 21.31 |
| Jun 30, 2022 | 22.73 |
| Mar 31, 2022 | 33.86 |
| Dec 31, 2021 | 35.21 |
| Sep 30, 2021 | 31.25 |
Alexandria Real Estate Equities EV to CFO API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=ev-to-cfo&ticker=ARE&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "ev-to-cfo", "ticker": "ARE", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=ev-to-cfo&ticker=ARE&period=max&api_key=YOUR_API_KEY");
const data = await res.json();