← ALEXANDRIA REAL ESTATE EQUITIES, INC.
| Annual Trend | FY 2016 | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash flows from operating activities: | ||||||||||||
| Adjustments to reconcile net income to net cash provided by operating activities: | ||||||||||||
| Net Income (Loss) Attributable to Parent | ($65.9m) |
$169.1m
+356.59%
|
$379.3m
+124.32%
|
$363.2m
-4.26%
|
$771.0m
+112.29%
|
$571.2m
-25.90%
|
$521.7m
-8.68%
|
$103.6m
-80.13%
|
$322.9m
+211.61%
|
($1.4b)
-542.66%
|
— | |
| Net Income (Loss) Available to Common Stockholders, Basic | ($151.1m) |
$145.4m
+196.20%
|
$364.0m
+150.34%
|
$351.0m
-3.57%
|
— | — | $521.7m |
$92.4m
-82.28%
|
$309.6m
+234.86%
|
($1.4b)
-564.53%
|
— | |
| Net Income (Loss), Including Portion Attributable to Noncontrolling Interest | ($49.8m) | $194.2m | $402.8m | $404.0m | $827.2m | $654.3m | $670.7m | $281.0m | $510.7m | ($1.2b) | — | |
| Net Income (Loss) Attributable to Noncontrolling Interest | $16.1m | $25.1m | $23.5m | $40.9m | $56.2m | $83.0m | $149.0m | $177.4m | $187.8m | $212.8m | — | |
| Depreciation and amortization | $313.4m | $416.8m | $477.7m | $544.6m | $698.1m | $821.1m | $1.0b | $1.1b | $1.2b | $1.4b | $1.2b | |
| Amortization of Debt Issuance Costs | $11.9m | $11.1m | $10.3m | $9.1m | $10.5m | $11.4m | $13.5m | $15.5m | $17.1m | $18.3m | — | |
| Amortization Cash Flow | — | — | — | — | — | — | ($74.3m) | ($93.3m) | ($85.7m) | ($37.8m) | — | |
| Amortization Of Intangibles | — | — | — | — | — | — | ($74.3m) | ($93.3m) | ($85.7m) | ($37.8m) | ($26.3m) | |
| Depreciation Amortization Depletion | — | — | — | — | — | — | $927.8m | $1.0b | $1.1b | $1.3b | $1.2b | |
| Share-based Payment Arrangement, Noncash Expense | $25.4m | $25.6m | $35.0m | $43.6m | $43.5m | $48.7m | $57.7m | $82.9m | $59.6m | $41.1m | $39.7m | |
| Payment, Tax Withholding, Share-based Payment Arrangement | — | — | — | $25.5m | $21.3m | $34.3m | $47.3m | $24.6m | $62.4m | $24.4m | — | |
| Share-based Payment Arrangement, Expense | — | — | $57.3m | $68.0m | $80.7m | $94.7m | $104.4m | $139.7m | $118.4m | $94.7m | $39.7m | |
| Equity Securities without Readily Determinable Fair Value, Impairment Loss, Annual Amount | — | — | — | — | — | — | — | ($74.6m) | ($58.1m) | ($95.7m) | — | |
| Asset Impairment Charge | — | — | — | — | — | — | $65.0m | $461.1m | $223.1m | $2.2b | $2.3b | |
| Income (Loss) from Equity Method Investments | ($184k) | $15.4m | $44.0m | $10.1m | $8.1m | $12.3m | $645k | $980k | $7.1m | ($9.6m) | — | |
| Earnings (Loss)es From Equity Investments | — | — | — | — | — | — | ($645k) | ($980k) | ($7.1m) | $9.6m | ($163k) | |
| Changes in operating assets and liabilities: | ||||||||||||
| Change In Working Capital | — | — | — | — | — | — | ($122.7m) | $2.0m | ($200.5m) | ($297.8m) | ($261.5m) | |
| Change In Receivables | — | — | — | — | — | — | ($273k) | ($102k) | $1.8m | ($252k) | ($1.4m) | |
| Changes In Account Receivables | — | — | — | — | — | — | ($273k) | ($102k) | $1.8m | ($252k) | ($1.4m) | |
| Increase (Decrease) in Other Operating Assets | $11.4m | $18.2m | $20.8m | $20.8m | $11.0m | $24.6m | $19.0m | ($798k) | $37.1m | $56.6m | — | |
| Change In Other Current Assets | — | — | — | — | — | — | ($19.0m) | $798k | ($37.1m) | ($56.6m) | ($45.4m) | |
| Net Cash Provided by (Used in) Operating Activities | $392.5m |
$450.3m
+14.73%
|
$570.3m
+26.65%
|
$683.9m
+19.90%
|
$882.5m
+29.05%
|
$1.0b
+14.47%
|
$1.3b
+28.13%
|
$1.6b
+25.98%
|
$1.5b
-7.73%
|
$1.4b
-6.01%
|
$1.3b
-9.52%
|
|
| Cash flows from investing activities: | ||||||||||||
| Gain (Loss) on Investments | $17.1m | $1.3m | $136.8m | $194.6m | $421.3m | $259.5m | ($331.8m) | ($195.4m) | ($53.1m) | ($56.3m) | ($782.2m) | |
| Payments to Acquire Investments | $102.3m | $171.9m | $235.9m | $190.8m | $174.7m | $408.6m | $242.9m | $189.5m | $236.4m | $238.8m | ($245.9m) | |
| Payments to Acquire Businesses, Net of Cash Acquired | — | $659.7m | — | — | — | — | — | — | — | — | ($798k) | |
| Net Other Investing Changes | — | — | — | — | — | — | $156.0m | ($5.6m) | $3.9m | ($7.4m) | ($1.8m) | |
| Net Cash Provided by (Used in) Investing Activities | ($1.5b) | ($1.7b) | ($2.2b) | ($3.6b) | ($3.3b) | ($7.1b) | ($5.1b) | ($2.5b) | ($1.5b) | $362.1m | $397.2m | |
| Cash flows from financing activities: | ||||||||||||
| Gain (Loss) on Extinguishment of Debt | ($3.2m) | ($3.5m) | ($1.1m) | ($47.6m) | ($60.7m) | ($67.3m) | ($3.3m) | $0 | $0 | ($107k) | — | |
| Issuance Of Debt | — | — | — | — | — | — | $17.7b | $11.5b | $14.0b | $26.7b | $747.6m | |
| Long Term Debt Issuance | — | — | — | — | — | — | $1.8b | $1.1b | $1.0b | $552.6m | $747.6m | |
| Long Term Debt Payments | — | — | — | — | — | — | ($199.2m) | ($30k) | ($32k) | ($754.2m) | ($1.8b) | |
| Net Issuance Payments Of Debt | — | — | — | — | — | — | $1.4b | $1.2b | $928.7m | $151.9m | ($120.9m) | |
| Net Long Term Debt Issuance | — | — | — | — | — | — | $1.6b | $1.1b | $1.0b | ($201.6m) | ($1.0b) | |
| Net Short Term Debt Issuance | — | — | — | — | — | — | ($270.0m) | $100.0m | ($100.0m) | $353.5m | $896.9m | |
| Repayment Of Debt | — | — | — | — | — | — | ($16.3b) | ($10.4b) | ($13.1b) | ($26.5b) | ($1.8b) | |
| Short Term Debt Issuance | — | — | — | — | — | — | $15.8b | $10.5b | $13.0b | $26.1b | $42.4b | |
| Short Term Debt Payments | — | — | — | — | — | — | ($16.1b) | ($10.4b) | ($13.1b) | ($25.8b) | ($41.5b) | |
| Payments for Repurchase of Common Stock | — | — | — | — | — | — | — | — | $50.1m | $208.2m | — | |
| Payments of Ordinary Dividends, Common Stock | $240 | $312 | $381 | $447 | $533 | $656 | $758 | $847 | $899 | $911 | ($701.8m) | |
| Proceeds from Issuance of Common Stock | $1.4b | $1.3b | $1.3b | $1.2b | $2.3b | $3.5b | $2.3b | $103.8m | $27.1m | $0 | $0 | |
| Common Stock Dividend Paid | — | — | — | — | — | — | ($757.7m) | ($847.5m) | ($898.6m) | ($911.5m) | ($701.8m) | |
| Common Stock Issuance | — | — | — | — | — | — | $2.3b | $103.8m | $27.1m | $0 | $0 | |
| Common Stock Payments | — | — | — | — | — | — | $0 | $0 | ($50.1m) | ($208.2m) | $0 | |
| Issuance Of Capital Stock | — | — | — | — | — | — | $2.3b | $103.8m | $27.1m | $0 | $0 | |
| Net Common Stock Issuance | — | — | — | — | — | — | $2.3b | $103.8m | ($23.0m) | ($208.2m) | $0 | |
| Repurchase Of Capital Stock | — | — | — | — | — | — | $0 | $0 | ($50.1m) | ($208.2m) | $0 | |
| Dividends Payable | $77 | $92 | $110 | $126 | $151 | $184 | $209 | $222 | $230 | $128 | — | |
| Cash Dividends Paid | — | — | — | — | — | — | ($757.7m) | ($847.5m) | ($898.6m) | ($911.5m) | ($701.8m) | |
| Dividend Received CFO | — | — | — | — | — | — | $3.4m | $3.3m | $3.0m | $2.2m | $1.5m | |
| Proceeds from (Payments for) Other Financing Activities | ($10.0m) | $0 | $0 | — | — | — | — | — | — | — | — | |
| Net Other Financing Charges | — | — | — | — | — | — | $1.3b | $261.7m | ($100.4m) | ($816.0m) | ($908.2m) | |
| Net Cash Provided by (Used in) Financing Activities | $1.1b |
$1.4b
+28.03%
|
$1.6b
+12.22%
|
$2.9b
+84.30%
|
$2.8b
-6.05%
|
$5.9b
+115.11%
|
$4.2b
-28.51%
|
$674.2m
-84.06%
|
($93.3m)
-113.84%
|
($1.8b)
-1811.58%
|
($1.7b)
+2.96%
|
|
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect | — | — | ($5.1m) | ($29.4m) | $355.0m | ($182.5m) | $442.7m | ($197.2m) | ($100.9m) | ($6.1m) | $473.7m | |
| Beginning Cash Position | — | — | — | — | — | — | $415.2m | $858.0m | $660.8m | $559.8m | $527.9m | |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents | — | — | $272.1m | $242.7m | $597.7m | $415.2m | $858.0m | $660.8m | $559.8m | $553.8m | $473.7m | |
| Effect of Exchange Rate on Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents | — | — | — | — | — | — | ($887k) | ($1.3m) | ($1.4m) | $1.6m | $1.5m | |
| Effect Of Exchange Rate Changes | — | — | — | — | — | — | ($887k) | ($1.3m) | ($1.4m) | $1.6m | $1.5m | |
| Additional Supplementary Disclosures | ||||||||||||
| Additional Supplementary Disclosures | ||||||||||||
| Payments of Financing Costs | $16.7m | $10.0m | $19.3m | $27.2m | $32.3m | $18.9m | $35.6m | $16.0m | $35.9m | $5.3m | — | |
| Supplemental disclosure of cash flow information: | ||||||||||||
| Interest Paid, Excluding Capitalized Interest, Operating Activities | $84.9m | $112.1m | $127.1m | $146.2m | $161.4m | $139.5m | $63.2m | $46.6m | $160.1m | $204.0m | — | |
| Additional Financial Items | ||||||||||||
| Equity Securities, FV-NI, Gain (Loss) | — | — | $136.8m | $194.6m | $421.3m | $259.5m | ($331.8m) | ($195.4m) | ($53.1m) | ($56.3m) | — | |
| Equity Securities, FV-NI, Realized Gain (Loss) | — | — | $37.1m | $33.2m | $47.3m | $215.8m | $80.4m | $6.1m | $59.1m | ($83.3m) | — | |
| Equity Securities, FV-NI, Unrealized Gain (Loss) | — | — | $99.6m | $161.5m | $374.0m | $43.6m | ($412.2m) | ($201.5m) | ($112.2m) | $27.0m | — | |
| Gain (Loss) on Disposition of Real Estate, Discontinued Operations | $3.7m | $270k | $8.7m | $474k | $154.1m | $126.6m | $537.9m | $277.0m | $129.3m | $642.4m | — | |
| Gain (Loss) on Sale of Properties | — | — | — | — | — | — | $537.9m | $277.0m | $129.3m | $642.4m | — | |
| Gains (Losses) on Sales of Investment Real Estate | $3.7m | — | — | — | — | — | — | — | — | — | — | |
| General and Administrative Expense | $63.9m | $75.0m | $90.4m | $108.8m | $133.3m | $151.5m | $177.3m | $199.4m | $168.4m | $117.0m | — | |
| Income (Loss) from Continuing Operations, Net of Tax, Attributable to Parent | ($65.9m) | $169.1m | — | — | — | — | — | — | — | — | — | |
| Income (Loss) from Continuing Operations, Net of Tax, Including Portion Attributable to Noncontrolling Interest | ($49.9m) | $194.1m | — | — | — | — | — | — | — | — | — | |
| Income (Loss) from Discontinued Operations, Net of Tax, Including Portion Attributable to Noncontrolling Interest | $0 | $0 | — | — | — | — | — | — | — | — | — | |
| Operating Lease, Lease Income | — | — | — | $1.5b | $1.9b | $2.1b | $2.5b | $2.8b | $3.0b | $2.9b | — | |
| Other Comprehensive Income (Loss), Reclassification Adjustment from AOCI on Derivatives, Net of Tax | ($5.3m) | ($1.9m) | $4.9m | $1.8m | — | — | — | — | — | — | — | |
| Proceeds from Noncontrolling Interests | $221.5m | $44.9m | $28.3m | $1.0b | $367.6m | $2.0b | $1.5b | $547.4m | $306.5m | $165.5m | — | |
| Revenue from Contract with Customer, Including Assessed Tax | — | — | $1.3b | $1.5b | $1.9b | $2.1b | $2.6b | $2.9b | $3.1b | $3.0b | — | |
| Cash Flow From Continuing Financing Activities | — | — | — | — | — | — | $4.2b | $674.2m | ($93.3m) | ($1.8b) | ($1.7b) | |
| Cash Flow From Continuing Investing Activities | — | — | — | — | — | — | ($5.1b) | ($2.5b) | ($1.5b) | $362.1m | $397.2m | |
| Change In Account Payable | — | — | — | — | — | — | $77.8m | $110.7m | ($56.8m) | ($117.8m) | ($96.6m) | |
| Change In Cash Supplemental As Reported | — | — | — | — | — | — | $442.7m | ($197.2m) | ($100.9m) | ($6.1m) | — | |
| Change In Other Working Capital | — | — | — | — | — | — | ($181.3m) | ($109.3m) | ($108.3m) | ($123.2m) | ($118.1m) | |
| Change In Payable | — | — | — | — | — | — | $77.8m | $110.7m | ($56.8m) | ($117.8m) | ($96.6m) | |
| Changes In Cash | — | — | — | — | — | — | $443.6m | ($195.9m) | ($99.5m) | ($7.7m) | ($54.3m) | |
| End Cash Position | — | — | — | — | — | — | $858.0m | $660.8m | $559.8m | $553.8m | $473.7m | |
| Financing Cash Flow | — | — | — | — | — | — | $4.2b |
$674.2m
-84.06%
|
($93.3m)
-113.84%
|
($1.8b)
-1811.58%
|
($1.7b)
+2.96%
|
|
| Free Cash Flow | — | — | — | — | — | — | $1.3b | $1.6b | $1.5b | $1.4b | $1.3b | |
| Gain Loss On Investment Securities | — | — | — | — | — | — | ($206.2m) | ($81.6m) | ($76.2m) | ($586.1m) | ($782.2m) | |
| Investing Cash Flow | — | — | — | — | — | — | ($5.1b) | ($2.5b) | ($1.5b) | $362.1m | $397.2m | |
| Net Business Purchase And Sale | — | — | — | — | — | — | ($971k) | ($658k) | ($1.0m) | ($10.7m) | $1.8m | |
| Net Investment Properties Purchase And Sale | — | — | — | — | — | — | ($5.2b) | ($2.5b) | ($1.5b) | $450.0m | $437.4m | |
| Net Investment Purchase And Sale | — | — | — | — | — | — | ($44.6m) | ($6.1m) | ($62.4m) | ($69.8m) | ($42.7m) | |
| Operating Gains Losses | — | — | — | — | — | — | ($203.5m) | ($82.6m) | ($83.2m) | ($576.4m) | ($1.1b) | |
| Other Non Cash Items | — | — | — | — | — | — | ($104.1m) | ($117.2m) | ($124.9m) | ($53.8m) | — | |
| Purchase Of Business | — | — | — | — | — | — | ($1.4m) | ($658k) | ($3.9m) | ($11.3m) | ($798k) | |
| Purchase Of Investment | — | — | — | — | — | — | ($242.9m) | ($189.5m) | ($236.4m) | ($238.8m) | ($245.9m) | |
| Purchase Of Investment Properties | — | — | — | — | — | — | ($6.2b) | ($3.7b) | ($2.7b) | ($1.9b) | ($245.9m) | |
| Sale Of Business | — | — | — | — | — | — | $471k | $0 | $2.9m | $566k | $2.6m | |
| Sale Of Investment | — | — | — | — | — | — | $198.3m | $183.4m | $173.9m | $169.0m | $203.1m | |
| Sale Of Investment Properties | — | — | — | — | — | — | $994.3m | $1.2b | $1.2b | $2.3b | $203.1m | |
| Stock Based Compensation | — | — | — | — | — | — | $57.7m | $82.9m | $59.6m | $41.1m | $39.7m |
Values abbreviated: b = billions, m = millions, k = thousands. Per share data in USD.