
Alexandria Real Estate Equities Inc
NYSE:ARE

Income Statement
Earnings Waterfall
Alexandria Real Estate Equities Inc
Revenue
|
3.2B
USD
|
Cost of Revenue
|
-909.3m
USD
|
Gross Profit
|
2.3B
USD
|
Operating Expenses
|
-1.4B
USD
|
Operating Income
|
953.6m
USD
|
Other Expenses
|
-644m
USD
|
Net Income
|
309.6m
USD
|
Income Statement
Alexandria Real Estate Equities Inc
Dec-2014 | Mar-2015 | Jun-2015 | Sep-2015 | Dec-2015 | Mar-2016 | Jun-2016 | Sep-2016 | Dec-2016 | Mar-2017 | Jun-2017 | Sep-2017 | Dec-2017 | Mar-2018 | Jun-2018 | Sep-2018 | Dec-2018 | Mar-2019 | Jun-2019 | Sep-2019 | Dec-2019 | Mar-2020 | Jun-2020 | Sep-2020 | Dec-2020 | Mar-2021 | Jun-2021 | Sep-2021 | Dec-2021 | Mar-2022 | Jun-2022 | Sep-2022 | Dec-2022 | Mar-2023 | Jun-2023 | Sep-2023 | Dec-2023 | Mar-2024 | Jun-2024 | Sep-2024 | Dec-2024 | ||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Revenue | ||||||||||||||||||||||||||||||||||||||||||
Revenue |
727
N/A
|
748
+3%
|
775
+4%
|
808
+4%
|
844
+4%
|
863
+2%
|
885
+3%
|
897
+1%
|
922
+3%
|
977
+6%
|
1 024
+5%
|
1 079
+5%
|
1 128
+5%
|
1 177
+4%
|
1 229
+4%
|
1 286
+5%
|
1 328
+3%
|
1 366
+3%
|
1 415
+4%
|
1 464
+3%
|
1 531
+5%
|
1 612
+5%
|
1 676
+4%
|
1 830
+9%
|
1 886
+3%
|
1 926
+2%
|
1 998
+4%
|
2 001
+0%
|
2 114
+6%
|
2 273
+7%
|
2 435
+7%
|
2 572
+6%
|
2 669
+4%
|
2 753
+3%
|
2 817
+2%
|
2 872
+2%
|
2 966
+3%
|
3 043
+3%
|
3 106
+2%
|
3 182
+2%
|
3 234
+2%
|
|
Gross Profit | ||||||||||||||||||||||||||||||||||||||||||
Cost of Revenue |
(219)
|
(228)
|
(238)
|
(249)
|
(261)
|
(266)
|
(271)
|
(274)
|
(278)
|
(290)
|
(299)
|
(311)
|
(326)
|
(340)
|
(355)
|
(372)
|
(381)
|
(391)
|
(405)
|
(421)
|
(446)
|
(473)
|
(491)
|
(515)
|
(530)
|
(539)
|
(559)
|
(585)
|
(624)
|
(667)
|
(719)
|
(755)
|
(783)
|
(809)
|
(824)
|
(841)
|
(859)
|
(871)
|
(876)
|
(892)
|
(909)
|
|
Gross Profit |
508
N/A
|
520
+2%
|
537
+3%
|
559
+4%
|
582
+4%
|
597
+3%
|
614
+3%
|
623
+1%
|
643
+3%
|
687
+7%
|
724
+5%
|
768
+6%
|
803
+5%
|
837
+4%
|
874
+4%
|
914
+5%
|
946
+3%
|
975
+3%
|
1 010
+4%
|
1 042
+3%
|
1 086
+4%
|
1 139
+5%
|
1 184
+4%
|
1 315
+11%
|
1 355
+3%
|
1 387
+2%
|
1 439
+4%
|
1 417
-2%
|
1 491
+5%
|
1 606
+8%
|
1 716
+7%
|
1 817
+6%
|
1 886
+4%
|
1 944
+3%
|
1 993
+2%
|
2 031
+2%
|
2 107
+4%
|
2 172
+3%
|
2 230
+3%
|
2 291
+3%
|
2 324
+1%
|
|
Operating Income | ||||||||||||||||||||||||||||||||||||||||||
Operating Expenses |
(278)
|
(287)
|
(293)
|
(305)
|
(321)
|
(334)
|
(342)
|
(352)
|
(377)
|
(408)
|
(445)
|
(478)
|
(492)
|
(512)
|
(530)
|
(547)
|
(568)
|
(590)
|
(609)
|
(631)
|
(653)
|
(702)
|
(741)
|
(791)
|
(832)
|
(839)
|
(867)
|
(902)
|
(973)
|
(1 039)
|
(1 097)
|
(1 153)
|
(1 179)
|
(1 280)
|
(1 245)
|
(1 256)
|
(1 293)
|
(1 314)
|
(1 330)
|
(1 352)
|
(1 371)
|
|
Selling, General & Administrative |
(54)
|
(55)
|
(56)
|
(58)
|
(60)
|
(60)
|
(61)
|
(62)
|
(64)
|
(68)
|
(72)
|
(74)
|
(75)
|
(78)
|
(82)
|
(87)
|
(90)
|
(93)
|
(96)
|
(101)
|
(109)
|
(116)
|
(122)
|
(131)
|
(133)
|
(135)
|
(142)
|
(143)
|
(152)
|
(158)
|
(164)
|
(176)
|
(177)
|
(185)
|
(187)
|
(183)
|
(199)
|
(198)
|
(197)
|
(195)
|
(168)
|
|
Depreciation & Amortization |
(224)
|
(233)
|
(238)
|
(247)
|
(261)
|
(273)
|
(281)
|
(290)
|
(313)
|
(340)
|
(374)
|
(404)
|
(417)
|
(434)
|
(449)
|
(460)
|
(478)
|
(498)
|
(513)
|
(529)
|
(545)
|
(586)
|
(620)
|
(661)
|
(698)
|
(704)
|
(726)
|
(760)
|
(821)
|
(881)
|
(933)
|
(977)
|
(1 002)
|
(1 027)
|
(1 058)
|
(1 073)
|
(1 093)
|
(1 116)
|
(1 133)
|
(1 158)
|
(1 202)
|
|
Other Operating Expenses |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(68)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
Operating Income |
230
N/A
|
232
+1%
|
244
+5%
|
254
+4%
|
261
+3%
|
263
+1%
|
272
+3%
|
270
-1%
|
266
-2%
|
279
+5%
|
279
0%
|
290
+4%
|
311
+7%
|
325
+5%
|
344
+6%
|
367
+7%
|
378
+3%
|
385
+2%
|
401
+4%
|
412
+3%
|
432
+5%
|
437
+1%
|
443
+1%
|
523
+18%
|
524
+0%
|
548
+5%
|
572
+4%
|
514
-10%
|
518
+1%
|
566
+9%
|
619
+9%
|
664
+7%
|
707
+6%
|
664
-6%
|
747
+12%
|
775
+4%
|
814
+5%
|
858
+5%
|
901
+5%
|
938
+4%
|
954
+2%
|
|
Pre-Tax Income | ||||||||||||||||||||||||||||||||||||||||||
Interest Income Expense |
(79)
|
(82)
|
(91)
|
(97)
|
(104)
|
(107)
|
(106)
|
(105)
|
(107)
|
(111)
|
(117)
|
(109)
|
(113)
|
(34)
|
(27)
|
110
|
23
|
19
|
24
|
(204)
|
31
|
(85)
|
79
|
149
|
258
|
297
|
425
|
496
|
130
|
(131)
|
(495)
|
(609)
|
(506)
|
(293)
|
(295)
|
(304)
|
(275)
|
(207)
|
(222)
|
(174)
|
(291)
|
|
Non-Reccuring Items |
(52)
|
(67)
|
(67)
|
(66)
|
(23)
|
(38)
|
(194)
|
(205)
|
(213)
|
(184)
|
(28)
|
(17)
|
(4)
|
(3)
|
(9)
|
(10)
|
(7)
|
(15)
|
(9)
|
(48)
|
(60)
|
(55)
|
(68)
|
(88)
|
(109)
|
(179)
|
(171)
|
(153)
|
(120)
|
(48)
|
(46)
|
(42)
|
(68)
|
0
|
(257)
|
(267)
|
(536)
|
(550)
|
(402)
|
(369)
|
(281)
|
|
Gain/Loss on Disposition of Assets |
0
|
0
|
0
|
0
|
12
|
0
|
0
|
0
|
4
|
4
|
4
|
4
|
0
|
0
|
0
|
0
|
9
|
0
|
0
|
0
|
1
|
0
|
0
|
2
|
154
|
157
|
157
|
155
|
127
|
124
|
338
|
662
|
538
|
0
|
539
|
215
|
277
|
277
|
63
|
90
|
129
|
|
Total Other Income |
0
|
0
|
0
|
0
|
0
|
12
|
13
|
13
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
9
|
9
|
9
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
538
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
Pre-Tax Income |
99
N/A
|
83
-16%
|
86
+3%
|
90
+4%
|
146
+63%
|
131
-10%
|
(15)
N/A
|
(27)
-73%
|
(50)
-88%
|
(12)
+76%
|
137
N/A
|
168
+23%
|
194
+15%
|
288
+48%
|
307
+7%
|
467
+52%
|
403
-14%
|
398
-1%
|
425
+7%
|
169
-60%
|
404
+138%
|
298
-26%
|
454
+52%
|
586
+29%
|
827
+41%
|
822
-1%
|
983
+20%
|
1 012
+3%
|
654
-35%
|
511
-22%
|
416
-19%
|
675
+62%
|
671
-1%
|
910
+36%
|
734
-19%
|
419
-43%
|
281
-33%
|
379
+35%
|
339
-10%
|
484
+43%
|
511
+5%
|
|
Net Income | ||||||||||||||||||||||||||||||||||||||||||
Income from Continuing Operations |
99
|
83
|
86
|
90
|
146
|
131
|
(15)
|
(27)
|
(50)
|
(12)
|
137
|
168
|
194
|
288
|
307
|
467
|
403
|
398
|
425
|
169
|
404
|
298
|
454
|
586
|
827
|
822
|
983
|
1 012
|
654
|
511
|
416
|
675
|
671
|
910
|
734
|
419
|
281
|
379
|
339
|
484
|
511
|
|
Income to Minority Interest |
(5)
|
(5)
|
(4)
|
(2)
|
(2)
|
(6)
|
(9)
|
(13)
|
(16)
|
(18)
|
(22)
|
(23)
|
(25)
|
(25)
|
(24)
|
(24)
|
(24)
|
(25)
|
(28)
|
(33)
|
(41)
|
(45)
|
(51)
|
(54)
|
(56)
|
(62)
|
(67)
|
(74)
|
(83)
|
(98)
|
(116)
|
(133)
|
(149)
|
(161)
|
(167)
|
(173)
|
(177)
|
(182)
|
(186)
|
(187)
|
(188)
|
|
Net Income (Common) |
72
N/A
|
57
-21%
|
61
+6%
|
66
+8%
|
117
+78%
|
95
-18%
|
(64)
N/A
|
(91)
-43%
|
(151)
-66%
|
(122)
+20%
|
38
N/A
|
84
+121%
|
145
+74%
|
253
+74%
|
273
+8%
|
431
+58%
|
364
-16%
|
355
-3%
|
379
+7%
|
120
-68%
|
351
+192%
|
245
-30%
|
396
+61%
|
525
+33%
|
761
+45%
|
751
-1%
|
905
+21%
|
927
+2%
|
563
-39%
|
405
-28%
|
294
-27%
|
534
+82%
|
513
-4%
|
739
+44%
|
556
-25%
|
236
-57%
|
92
-61%
|
184
+99%
|
140
-24%
|
283
+102%
|
310
+10%
|
|
EPS (Diluted) |
0.99
N/A
|
0.78
-21%
|
0.83
+6%
|
0.9
+8%
|
1.63
+81%
|
1.31
-20%
|
-0.85
N/A
|
-1.17
-38%
|
-1.99
-70%
|
-1.37
+31%
|
0.4
N/A
|
0.88
+120%
|
1.58
+80%
|
2.48
+57%
|
2.54
+2%
|
4.08
+61%
|
3.52
-14%
|
3.18
-10%
|
3.39
+7%
|
1.07
-68%
|
3.12
+192%
|
1.98
-37%
|
3.18
+61%
|
4.17
+31%
|
6.01
+44%
|
5.21
-13%
|
5.86
+12%
|
6.11
+4%
|
3.82
-37%
|
2.51
-34%
|
1.8
-28%
|
3.32
+84%
|
3.18
-4%
|
4.32
+36%
|
3.25
-25%
|
1.39
-57%
|
0.54
-61%
|
1.07
+98%
|
0.81
-24%
|
1.64
+102%
|
1.8
+10%
|