Alexandria Real Estate Equities (ARE) FCF Margin (2009 - 2026)

Alexandria Real Estate Equities (ARE) recorded quarterly FCF Margin of 8.79% in Q1 2026, down 78.77% quarter-over-quarter from 41.41% in Q4 2025, and up 76.0% on a YoY basis from 5.0% in Q1 2025.

Alexandria Real Estate Equities (ARE) FCF Margin (2009 - 2026) Analysis & Trends

Alexandria Real Estate Equities' FCF Margin history runs 18 years deep, the most recent figure standing at 8.79% for Q1 2026.

  • In Q1 2026, FCF Margin rose 76.0% year-over-year to 8.79%; the TTM figure through Mar 2026 stood at 48.04% (up 5729.0% YoY), while the FY2025 annual figure was 46.72%, up 7618.0% from the prior year.
  • FCF Margin was 8.79% for Q1 2026 at Alexandria Real Estate Equities, down from 41.41% in the prior quarter.
  • In the past five years, FCF Margin ranged from a high of 322.8% in Q4 2022 to a low of 219.2% in Q4 2024.
  • Historically, FCF Margin has averaged 49.65% across 5 years, with a median of 48.9% in 2022.
  • The sharpest annual moves came in 2022 and 2024: FCF Margin soared 32791 bps in 2022, then sank 53619 bps in 2024.
  • A 5-year view of FCF Margin shows it stood at 322.8% in 2022, then decreased by 2 bps to 316.99% in 2023, then tumbled by 169 bps to 219.2% in 2024, then surged by 119 bps to 41.41% in 2025, then slumped by 79 bps to 8.79% in 2026.
  • The last three FCF Margin figures came in at 8.79% (Q1 2026), 41.41% (Q4 2025), and 57.65% (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) FCF Margin (Qtr)
1 Alexandria Real Estate Equities 9.03 Bn 9.03 Bn - 8.79%
2 Cousins Properties 4.85 Bn 4.87 Bn 180.52 Mn -7.30%
3 Kilroy Realty 4.57 Bn 4.57 Bn -59.85 Mn 184.45%
4 Sl Green Realty 3.90 Bn 4.01 Bn 252.80 Mn -6.95%
5 Copt Defense Properties 3.85 Bn 3.90 Bn 195.09 Mn 44.94%
6 Highwoods Properties 3.25 Bn 3.27 Bn - 48.05%
7 Douglas Emmett 2.11 Bn 3.29 Bn 176.48 Mn 25.99%
8 Empire State Realty OP 1.49 Bn 1.49 Bn - 26.65%
9 Piedmont Realty Trust 1.15 Bn 1.15 Bn 85.99 Mn -7.10%
10 Easterly Government Properties 1.12 Bn 1.17 Bn 71.01 Mn 29.86%

Historic Data

Download Data
DateValue
Mar 31, 2026 8.79%
Dec 31, 2025 41.41%
Sep 30, 2025 57.65%
Jun 30, 2025 79.69%
Mar 31, 2025 8.03%
Dec 31, 2024 -219.20%
Sep 30, 2024 60.31%
Jun 30, 2024 117.90%
Mar 31, 2024 -45.78%
Dec 31, 2023 316.99%
Sep 30, 2023 55.04%
Jun 30, 2023 59.46%
Mar 31, 2023 -81.02%
Dec 31, 2022 322.80%
Sep 30, 2022 48.90%
Jun 30, 2022 30.89%
Mar 31, 2022 -17.82%
Dec 31, 2021 26.35%
Sep 30, 2021 56.38%
Jun 30, 2021 -1.54%