Alexandria Real Estate Equities Cash Flow Statement
NYSE: AREReal EstateReal Estate Investment TrustsUSD
At close: Oct 9, 4:00 PM ET · Delayed 15 min
Alexandria Real Estate Equities free cash flow
In fiscal 2025, Alexandria Real Estate Equities generated $1.41 billion of operating cash flow and spent $1.87 billion on capital expenditures. That left free cash flow of -$456.9 million, a free-cash-flow margin of -15.1% of revenue. Alexandria Real Estate Equities returned $1.12 billion to shareholders: $911.5 million in dividends and $208.2 million in share repurchases.
Summary generated from market data by MetaCap's automated system. Methodology
Alexandria Real Estate Equities cash flow statement (annual)
| Fiscal year (USD) | FY 20252025-12-31 | FY 20242024-12-31 | FY 20232023-12-31 | FY 20222022-12-31 | FY 20212021-12-31 | FY 20202020-12-31 | FY 20192019-12-31 | FY 20182018-12-31 | FY 20172017-12-31 | FY 20162016-12-31 |
|---|---|---|---|---|---|---|---|---|---|---|
| Net Income | -1.22B | 510.73M | 280.99M | 670.70M | 654.28M | 827.17M | 404.05M | 402.79M | 194.20M | -49.80M |
| Net Income growth (YoY) | -338.23% | +81.76% | -58.10% | +2.51% | -20.90% | +104.72% | +0.31% | +107.41% | — | -134.08% |
| Depreciation & Amortization | 1.35B | 1.20B | 1.09B | 1.00B | 821.06M | 698.10M | 544.61M | 477.66M | 416.78M | 313.39M |
| Stock-Based Compensation | 41.12M | 59.63M | 82.86M | 57.74M | 48.67M | 43.50M | 43.64M | 35.02M | 25.61M | 25.43M |
| Change in Working Capital | -56.58M | -37.05M | 798.00K | -18.96M | -24.59M | -11.00M | -20.82M | -20.85M | -18.22M | -11.42M |
| Operating Cash Flow | 1.41B | 1.50B | 1.63B | 1.29B | 1.01B | 882.51M | 683.86M | 570.34M | 450.88M | 393.49M |
| Capital Expenditures | -1.87B | -2.42B | -3.42B | -3.31B | -2.09B | -1.45B | -1.22B | -927.17M | -893.68M | -821.69M |
| Investing Cash Flow | 362.10M | -1.51B | -2.50B | -5.08B | -7.11B | -3.28B | -3.64B | -2.16B | -1.74B | -1.50B |
| Dividends Paid | -911.45M | -898.60M | -847.50M | -757.70M | -656.00M | -533.00M | -451.20M | -385.80M | -321.80M | -262.80M |
| Share Repurchases | -208.19M | -50.11M | 0 | 0 | — | — | — | — | — | — |
| Debt Issued | 548.53M | 998.81M | 996.21M | 1.79B | 1.74B | 1.70B | 2.72B | 899.32M | 1.02B | 348.60M |
| Debt Repaid | -600.00M | 0 | 0 | — | 0 | 0 | -350.00M | -200.00M | -200.00M | -200.00M |
| Financing Cash Flow | -1.78B | -93.31M | 674.16M | 4.23B | 5.92B | 2.75B | 2.93B | 1.59B | 1.42B | 1.09B |
| Net Change in Cash | -6.09M | -100.92M | -197.20M | 442.75M | -182.48M | 355.02M | -29.44M | -5.06M | 135.82M | -12.60M |
| Free Cash Flow | -456.88M | -918.10M | -1.79B | -2.01B | -1.08B | -562.66M | -540.68M | -356.83M | -442.80M | -428.20M |
This table shows 10 annual periods of Alexandria Real Estate Equities's cash flow statement, from FY 2025 back to FY 2016, across 14 line items including net income, depreciation & amortization, stock-based compensation. Values in USD; B = billions, M = millions. Fiscal periods follow ARE's reporting calendar. What is a cash flow statement?