ALEXANDRIA REAL ESTATE EQUITIES INC

For the period ended Dec 31, 2024. Filed Jan 27, 2025.

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A company's yearly report to the SEC, with audited financial statements. It is the fullest account a company gives of its business, its finances and the risks it sees.

FY2024 · Filed Jan 27, 2025

ARE$45.88+2.4%Stored close · as of Nov 9, 2026

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Contents

Consolidated Statements of Operations

(In thousands, except per share amounts)

	Year Ended December 31,
	2024	2023	2022
Revenues:
Income from rentals	$3,049,706	$2,842,456	$2,576,040
Other income	66,688	43,243	12,922
Total revenues	3,116,394	2,885,699	2,588,962
Expenses:
Rental operations	909,265	859,180	783,153
General and administrative	168,359	199,354	177,278
Interest	185,838	74,204	94,203
Depreciation and amortization	1,202,380	1,093,473	1,002,146
Impairment of real estate	223,068	461,114	64,969
Loss on early extinguishment of debt	—	—	3,317
Total expenses	2,688,910	2,687,325	2,125,066
Equity in earnings of unconsolidated real estate joint ventures	7,059	980	645
Investment loss	(53,122)	(195,397)	(331,758)
Gain on sales of real estate	129,312	277,037	537,918
Net income	510,733	280,994	670,701
Net income attributable to noncontrolling interests	(187,784)	(177,355)	(149,041)
Net income attributable to Alexandria Real Estate Equities, Inc.’s stockholders	322,949	103,639	521,660
Net income attributable to unvested restricted stock awards	(13,394)	(11,195)	(8,392)
Net income attributable to Alexandria Real Estate Equities, Inc.’s common stockholders	$309,555	$92,444	$513,268
Net income per share attributable to Alexandria Real Estate Equities, Inc.’s common stockholders:
Basic	$1.80	$0.54	$3.18
Diluted	$1.80	$0.54	$3.18

ContentsView on SEC.gov

The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.