ARE Alexandria Real Estate Equities margins

Relative Growth: Rel. Growth: 9

Relative Strength: Rel. Strength: 33

Relative Valuation: Rel. Valuation: 18

Relative Profitability: Rel. Profitability: 25

Gross margin

68.2%

Operating margin

-38.9%

EBITDA margin

17.5%

Net margin

-36.1%

Alexandria Real Estate Equities has its operating margin is negative at -38.9%, and its net margin is negative at -36.1%, alongside a gross margin of 68.2%, an operating margin of -38.9%, an EBITDA margin of 17.5%, and a net margin of -36.1%. The company's available margins all declined, with operating margin recording the strongest contraction of 55.5 percentage points.

ARE margin history

Gross, operating, EBITDA and net margin trends

Over the last 3 years, Alexandria Real Estate Equities recorded average margins of 70.02% gross, 3.63% operating, 38.5% EBITDA, and -8.46% net. Compared with their three-year averages, all four current margins are lower.

ARE margin expansion

Year-over-year margin changes in percentage points

The largest decrease was in operating margin, which fell by 55.5 percentage points. The other available margins also declined.

Gross margin expansion

-2pp

Operating margin expansion

-55.5pp

EBITDA margin expansion

-31.1pp

Net margin expansion

-35.8pp

ARE Gross margin

Over the last 3 years, the average gross margin for Alexandria Real Estate Equities was 70.02%. The current gross margin stands at 68.2%, 1.8 percentage points below its three-year average. Alexandria Real Estate Equities's gross margin ranged from a low of 68.2% in Jun 2026 to a high of 71.1% in Sep 2024.

ARE Operating margin

Across the last 3 years, Alexandria Real Estate Equities recorded an average operating margin of 3.63%. Alexandria Real Estate Equities's current operating margin is -38.9% and is 42.5 percentage points below its three-year average. The highest operating margin for Alexandria Real Estate Equities was 23.8% in Dec 2024, while the lowest was -38.9% in Jun 2026.

ARE EBITDA margin

Alexandria Real Estate Equities recorded an average EBITDA margin of 38.5% across the last 3 years. The current EBITDA margin stands at 17.5%, 21 percentage points below its three-year average. EBITDA margin was highest at 54.9% in Dec 2024 and lowest at 4.9% in Dec 2025.

ARE Net margin

Alexandria Real Estate Equities's net margin averaged -8.46% across the past 3 years. Compared with its three-year average, Alexandria Real Estate Equities's current net margin is -36.1% and is 27.6 percentage points below its three-year average. Over the last 3 years, Alexandria Real Estate Equities's net margin peaked at 10.4% in Dec 2024 and reached a low of -47.2% in Dec 2025.

ARE margin group comparison

Margins compared with peer-group, industry and sector averages

Alexandria Real Estate Equities's gross margin of 68.2% is higher than the Real Estate sector and the industry average but lower than its peers average. Looking at the Real Estate sector average of 63%, Alexandria Real Estate Equities's gross margin is 8% higher.

ARE margin peer comparison

Compare margins with selected peers

Frequently asked questions

What is Alexandria Real Estate Equities's gross margin?

For the period ending Jun 30, 2026, ARE recorded a gross margin of 68.2%.

What is Alexandria Real Estate Equities's operating margin?

For the period ending Jun 30, 2026, ARE recorded an operating margin of -38.9%.

What is Alexandria Real Estate Equities's EBITDA margin?

As of Jun 30, 2026, ARE has an EBITDA margin of 17.5%.

What is Alexandria Real Estate Equities's net margin?

For the period ending Jun 30, 2026, ARE recorded a net margin of -36.1%.

What are the average margins of ARE?

Over the last 3 years, Alexandria Real Estate Equities's margins averaged 70.0% gross, 3.6% operating, 38.5% EBITDA, and -8.5% net.

What are the highest historical margins of ARE?

Over this 5-year history, ARE peaked at 71.1% gross in Sep 2024, 48.6% operating in Sep 2022, 72.6% EBITDA in Dec 2021, and 28% net in Mar 2023.

What are the lowest historical margins of ARE?

Over this 5-year history, Alexandria Real Estate Equities's margins fell as low as 68.2% gross in Jun 2026, -38.9% operating in Jun 2026, 4.9% EBITDA in Dec 2025, and -47.2% net in Dec 2025.