Free Cash Flow for Alexandria Real Estate Equities (ARE)
Free Cash Flow for Alexandria Real Estate Equities (ARE): headline value $1.40B · YoY -6.0%. Annual and quarterly series, chart, and tables are below.
Headline figure above is from the reporting period ending (reported ). Chart and table below cover the full reported history back to .
Currently viewingFree Cash FlowSwitch metric
Latest period
$1.40B
YoY change
-6.0%
5Y CAGR
+9.9%
Peak year (2023)
$1.63B
Latest annual
$1.41B
Free Cash Flow history chart for Alexandria Real Estate Equities (ARE) from 1996 to 2025
Free Cash Flow history table for Alexandria Real Estate Equities (ARE) from 1996 to 2025
| Fiscal year | Period ended | Reported | Free Cash Flow | YoY |
|---|---|---|---|---|
| 2025 | $1.41B | -6.0% | ||
| 2024 | $1.50B | -7.7% | ||
| 2023 | $1.63B | +26.0% | ||
| 2022 | $1.29B | -120.5% | ||
| 2021 | -$6.32B | -816.6% | ||
| 2020 | $882.51M | +29.0% | ||
| 2019 | $683.86M | -149.8% | ||
| 2018 | -$1.37B | +24.5% | ||
| 2017 | -$1.10B | +5.7% | ||
| 2016 | -$1.04B | +206.4% | ||
| 2015 | -$340.73M | +62.4% | ||
| 2014 | -$209.75M | -15.7% | ||
| 2013 | -$248.76M | -0.3% | ||
| 2012 | -$249.49M | -48.9% | ||
| 2011 | -$488.11M | -1.9% | ||
| 2010 | -$497.76M | +107.2% | ||
| 2009 | -$240.18M | -24.0% | ||
| 2008 | -$316.05M | -58.7% | ||
| 2007 | -$764.64M | -10.0% | ||
| 2006 | -$849.89M | +171.1% | ||
| 2005 | -$313.55M | -18.2% | ||
| 2004 | -$383.21M | +281.4% | ||
| 2003 | -$100.47M | -31.4% | ||
| 2002 | -$146.42M | -5063.4% | ||
| 2001 | $2.95M | -103.4% | ||
| 2000 | -$86.00M | +27.4% | ||
| 1999 | -$67.50M | -68.6% | ||
| 1998 | -$214.70M | +156.5% | ||
| 1997 | -$83.70M | -13.3% | ||
| 1996 | -$96.50M | — |
Free Cash Flow values are taken from Alexandria Real Estate Equities's reported cash flow statements (10-Q quarterly and 10-K annual filings with the U.S. Securities and Exchange Commission). Each row shows the period end date and the date the filing was reported; YoY compares each figure to the same period one year earlier. Amounts are in USD as filed.
Analysis
As of the 2025 fiscal year, Alexandria Real Estate Equities (ARE) reported free cash flow of $1.41B – declined 6.0% year-over-year.
Across 2020–2025 (5 years), Alexandria Real Estate Equities free cash flow produced a CAGR of +9.9% – with the latest reading among the more recent periods of the dataset.
Between 2023 and 2025, Alexandria Real Estate Equities free cash flow declined 13.3%, falling from $1.63B to $1.41B.
$1.63B stands as the all-time-high annual free cash flow, posted in 2023, against a low of -$6.32B during 2021.
Among 8 Real Estate peers, Alexandria Real Estate Equities (ARE) ranks 8th; the peer median for free cash flow is $3.23B.
Alexandria Real Estate Equities Free Cash Flow by Year
Alexandria Real Estate Equities Free Cash Flow 2025: $1.41B
Alexandria Real Estate Equities free cash flow in 2025 was $1.41B, declined 6.0% below 2024.
Alexandria Real Estate Equities Free Cash Flow 2024: $1.50B
Alexandria Real Estate Equities free cash flow in 2024 was $1.50B, declined 7.7% below 2023.
Alexandria Real Estate Equities Free Cash Flow 2023: $1.63B
Alexandria Real Estate Equities free cash flow in 2023 was $1.63B, grew 26.0% from 2022. This figure represents the highest annual value in the available history.
Alexandria Real Estate Equities Free Cash Flow 2022: $1.29B
Alexandria Real Estate Equities free cash flow in 2022 was $1.29B, plunged 120.5% below 2021.
Alexandria Real Estate Equities Free Cash Flow 2021: -$6.32B
Alexandria Real Estate Equities free cash flow in 2021 was -$6.32B.
See more financial history for Alexandria Real Estate Equities (ARE).
Sector peers — Free Cash Flow
Companies in the same sector as Alexandria Real Estate Equities, ranked by their latest free cash flow.
| Company | Free Cash Flow | Sector |
|---|---|---|
| Prologis, Inc. (PLD) | $5.01B | Real Estate |
| Realty Income Corporation (O) | $3.86B | Real Estate |
| American Tower Corporation (AMT) | $3.78B | Real Estate |
| Simon Property Group, Inc. (SPG) | $3.57B | Real Estate |
| Public Storage (PSA) | $2.90B | Real Estate |
| Welltower Inc. (WELL) | $2.85B | Real Estate |
| Digital Realty Trust, Inc. (DLR) | $2.41B | Real Estate |
| Equinix, Inc. (EQIX) | -$400.00M | Real Estate |
Frequently asked questions
What is Alexandria Real Estate Equities's free cash flow?
Latest reported free cash flow for Alexandria Real Estate Equities (ARE) is $1.40B (period ending March 31, 2026).
How has Alexandria Real Estate Equities free cash flow changed year-over-year?
Alexandria Real Estate Equities (ARE) free cash flow changed -6.0% year-over-year on the latest annual filing.
What is the long-term growth rate of Alexandria Real Estate Equities free cash flow?
Alexandria Real Estate Equities (ARE) free cash flow compound annual growth rate is +9.9% over the most recent 5 years available.
When did Alexandria Real Estate Equities free cash flow hit its highest annual value?
Alexandria Real Estate Equities free cash flow reached its highest annual value of $1.63B in 2023.
What was Alexandria Real Estate Equities free cash flow in 2024?
Alexandria Real Estate Equities (ARE) free cash flow in 2024 was $1.50B.
What was Alexandria Real Estate Equities free cash flow in 2025?
Alexandria Real Estate Equities (ARE) free cash flow in 2025 was $1.41B.
Metrics overview
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ARE Overview
Company profile, financial tools, and key metrics
ARE Revenue Counter
Earns $91.91 every second. See per minute, hour, and day.
ARE Earnings Counter
Loses −$32.45 per second. See per minute, hour, and day.
ARE Economic Scale
Exceeds Central African Republic's GDP. Compare with world economies.
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ARE How It Makes Money
Discover visual breakdown of $2.90B in revenue — where it comes from and where it goes.
ARE Stock Seasonality
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ARE Price Target Scenarios
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ARE Daily Price Character
Steady · 51.5% historical win rate (green days). Streaks & record days.
ARE Buybacks
Recent repurchase activity. Shareholder yield & SBC comparison.
ARE Stock Split History
1 split on record. Dates, ratios, and cumulative multiple.
ARE Dividend Profile
Yield: 9.94%. Safety: 3/8. See full history.
ARE Dividend Calculator
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ARE Dividend Forecast
Project future income with DRIP, growth assumptions, and optional monthly contributions.