MetaCap

Alexandria Real Estate Equities (ARE) vs NNN REIT (NNN)

Head-to-head comparison of performance, valuation, growth, profitability and dividends. Prices delayed 15 minutes; data as of Oct 8, 2026.

Summary

NNN REIT (NNN) has outperformed Alexandria Real Estate Equities (ARE) over the past year, losing 5.7% versus a loss of 42.1%. Over five years, NNN leads with a -13.3% price change compared with -77.6% for ARE. Alexandria Real Estate Equities is the larger company by market cap ($7.78 billion vs $7.58 billion), about 1.0 times the size, while NNN REIT is growing revenue faster (+6.6% vs -2.9%).

Alexandria Real Estate Equities offers the higher dividend yield (7.70% vs 6.02%). NNN REIT converts more of its revenue into profit, with a net margin of 42.1% versus -47.2%.

Summary generated from market data by MetaCap's automated system. Methodology

Relative performance

ARE-42.11%NNN-5.68%
+21%-15%-52%
Oct 7, 20251 yearOct 7, 2026
ARE-76.51%NNN-9.88%
+21%-31%-83%
Oct 4, 20215 yearsOct 5, 2026

Percent change in share price from the first common trading day shown; excludes dividends.

Head-to-head

ARE versus NNN key metrics
MetricARENNN
Share price$45.21$39.84
Market cap$7.78B$7.58B
1-day change-1.55%-1.65%
YTD return-7.62%+0.53%
1-year return-42.11%-5.68%
5-year return-77.58%-13.33%
P/E ratio (TTM)—19.72
Forward P/E—19.02
EPS (TTM)$-6.05$2.02
Dividend yield7.70%6.02%
Annual dividend$3.48$2.40
Revenue (latest FY)$3.03B$926.21M
Revenue growth (YoY)-2.88%+6.55%
Net income (latest FY)$-1.43B$389.78M
Operating margin—63.64%
Net margin-47.23%42.08%
52-week high$78.54$50.00
52-week low$39.41$38.90
Distance from 52-week high-42.44%-20.32%
Analyst consensusholdhold
Avg. price target upside+16.28%+18.60%
Average volume1.90M1.69M
Shares outstanding172.10M190.25M
Employees51485
SectorReal EstateReal Estate
IndustryReal Estate Investment TrustsReal Estate Investment Trusts

Highlighted cells mark the higher value for growth, returns, margins and yield, and the lower value for P/E ratios. Highlighting is a mechanical comparison, not a recommendation.

Key differences

  • NNN has outperformed ARE by 36.4 percentage points over the past year.
  • Alexandria Real Estate Equities offers a meaningfully higher dividend yield (7.70% vs 6.02%).
  • NNN REIT is more profitable, keeping 42.1 cents of every revenue dollar as net income versus -47.2 cents for Alexandria Real Estate Equities.
  • NNN REIT grew revenue faster in its latest fiscal year (+6.55% vs -2.88%).

About Alexandria Real Estate Equities

ARE stock →

Alexandria Real Estate Equities, Inc., an S&P 500 company, is a best-in-class, mission-driven life science REIT making a positive and lasting impact on the world. With our founding in 1994, Alexandria pioneered the life science real estate niche.

Real Estate · Real Estate Investment Trusts · 514 employees

About NNN REIT

NNN stock →

NNN REIT, Inc. is a REIT that invests in high-quality properties subjected generally to long-term, net leases with minimal ongoing capital expenditures.

Real Estate · Real Estate Investment Trusts · 85 employees

ARE vs NNN FAQ

Which is bigger, Alexandria Real Estate Equities or NNN REIT?

Alexandria Real Estate Equities (ARE) is larger, with a market capitalization of $7.78B compared with $7.58B for NNN REIT (NNN).

Which stock has performed better over the past year, ARE or NNN?

NNN returned -5.68% over the past 12 months, compared with -42.11% for ARE (price return, excluding dividends). Past performance does not predict future results.

Which pays a higher dividend, Alexandria Real Estate Equities or NNN REIT?

Alexandria Real Estate Equities has the higher yield at 7.70%, compared with 6.02% for NNN REIT.

Are Alexandria Real Estate Equities and NNN REIT in the same industry?

Yes. Both are classified in the Real Estate Investment Trusts industry within the Real Estate sector.

More comparisons