Alexandria Real Estate Equities (ARE) Rental Revenue (2009 - 2024)
Alexandria Real Estate Equities' Rental Revenue was $244.49 million in Q1 2018, up 18.0% from $207.19 million a year earlier and up 7.2% from the prior quarter.
Alexandria Real Estate Equities (ARE) Rental Revenue (2009 - 2024) Analysis & Trends
On a trailing twelve-month basis, Alexandria Real Estate Equities' Rental Revenue was $900.47 million through Mar 31, 2018, up 24.6% year-over-year; for FY2017, it came in at $863.18 million, up 28.1% from FY2016.
- Rental Revenue has now increased for seven consecutive years, with a five-year compound annual growth rate of 15.3% (FY2012 to FY2017).
- In earlier years, Rental Revenue was $673.82 million in FY2016 (+10.7%), $608.82 million in FY2015 (+11.9%), $544.15 million in FY2014 (+16.3%) and $467.76 million in FY2013 (+10.6%).
- The Q1 2018 figure marks the highest quarterly Rental Revenue in data going back to Q2 2009.
- Compared with a year earlier, Rental Revenue has increased for 23 straight quarters, with growth averaging 20.5% over the last eight quarters.
- Over the past five years, the year-over-year growth in Rental Revenue ranged from 6.5% (Q2 2016) to 31.1% (Q2 2017).
- Per Business Quant data, ARE's Rental Revenue in the three quarters before Q1 2018 was $228.03 million (Q4 2017), $216.02 million (Q3 2017) and $211.94 million (Q2 2017).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Rental Revenue (Qtr) |
|---|---|---|---|---|---|
| 1 | Welltower | 179.36 Bn | 166.43 Bn | 1.47 Bn | 488.64 Mn |
| 2 | Prologis | 122.34 Bn | 120.73 Bn | - | 2.21 Bn |
| 3 | Simon Property | 79.95 Bn | 78.05 Bn | - | 1.68 Bn |
| 4 | Public Storage | 62.14 Bn | 61.58 Bn | 112.08 Mn | - |
| 5 | Realty Income | 55.95 Bn | 57.33 Bn | - | 1.48 Bn |
| 6 | Ventas | 47.02 Bn | 46.18 Bn | -3.39 Bn | 362.72 Mn |
| 7 | Ryman Hospitality Properties | 46.62 Bn | 45.46 Bn | 266.41 Mn | 219.41 Mn |
| 8 | Vivmark Residential | 37.34 Bn | 37.09 Bn | - | 1.19 Bn |
| 9 | Extra Space Storage | 33.12 Bn | 32.90 Bn | 650.96 Mn | 760.84 Mn |
| 10 | Alexandria Real Estate Equities | 7.64 Bn | 3.65 Bn | - | - |
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2024 | 558.34 Mn |
| Jun 30, 2024 | 549.48 Mn |
| Sep 30, 2023 | 496.10 Mn |
| Jun 30, 2023 | 502.07 Mn |
| Dec 31, 2018 | 260.10 Mn |
| Sep 30, 2018 | 255.50 Mn |
| Jun 30, 2018 | 250.64 Mn |
| Mar 31, 2018 | 244.49 Mn |
| Dec 31, 2017 | 228.03 Mn |
| Sep 30, 2017 | 216.02 Mn |
| Jun 30, 2017 | 211.94 Mn |
| Mar 31, 2017 | 207.19 Mn |
| Dec 31, 2016 | 187.32 Mn |
| Sep 30, 2016 | 166.59 Mn |
| Jun 30, 2016 | 161.64 Mn |
| Mar 31, 2016 | 158.28 Mn |
| Dec 31, 2015 | 158.10 Mn |
| Sep 30, 2015 | 155.31 Mn |
| Jun 30, 2015 | 151.81 Mn |
| Mar 31, 2015 | 143.61 Mn |
Alexandria Real Estate Equities Rental Revenue 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=rental-revenue&ticker=ARE&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "rental-revenue", "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=rental-revenue&ticker=ARE&period=max&api_key=YOUR_API_KEY");
const data = await res.json();