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ALEXANDRIA REAL ESTATE EQUITIES, INC.

LISTEDNYSE

SYMBOLARE

SIC6798

STATE OF INC.MD

FISCAL YEAR ENDSDecember 31

CIK1035443

REAL ESTATE INVESTMENT TRUSTS · LARGE ACCELERATED FILER · 10 FISCAL YEARS OF SEC XBRL DATA, 2016–2025

Fiscal years labelled by the calendar year in which they end. Bars in $ billions; per-share figures as reported.

CAPITALIZATION 12/31/25

($ millions)	Amount	%
Total debt	12,401	44.5
Stockholders' equity	15,470	55.5
Total capitalization	27,871	100.0

174,247,570 shares outstanding at 15 July 2026 (cover page of the 10-Q filed 3 August 2026).

LONG-TERM DEBT 12/31/25

($ millions)	Amount
Long-term debt, incl. current maturities	12,401

CAPITAL STOCK 12/31/25

Common shares authorized	400,000,000
Common shares issued	170,537,867
Par or stated value per share ($)	0.01
Outstanding at 7/15/26	174,247,570

DIVIDENDS DECLARED/PAID

Fiscal year	Per share $	Payout %
2025	4.68	–
2024	5.19	288.3
2023	4.96	918.5
2022	4.72	148.4
2021	4.48	117.3

HISTORY AND BUSINESS

HISTORY: Incorporated in Maryland.

BUSINESS: Classified by the SEC under Standard Industrial Classification 6798, Real Estate Investment Trusts. Large accelerated filer. Principal executive office: 26 North Euclid Avenue, Pasadena, CA 91101. Fiscal year ends December 31. For a description of the business, see Item 1 of the latest 10-K.

CONSOLIDATED INCOME ACCOUNT, YEARS ENDED

($ millions)	12/31/25	12/31/24	12/31/23
Total revenues	3,027	3,116	2,886
Rental revenue	2,890	3,005	2,803
Depreciation and amortization	1,350	1,202	1,093
Interest expense	227	186	74
Net income	(1,430)	323	104
Earned per share, diluted ($)	(8.44)	1.80	0.54
Dividends per share ($)	4.68	5.19	4.96

CONSOLIDATED BALANCE SHEET

($ millions)	12/31/25	12/31/24
Real estate, net	28,690	32,110
Cash and equivalents	549	552
Total assets	34,082	37,527
Debt	12,401	12,244
Total liabilities	14,925	15,129
Stockholders' equity	15,470	17,889

TEN-YEAR STATISTICS: FISCAL YEARS ($ millions except per share)

Fiscal year ended	Revenues	Oper. income	Net income	Net margin %	EPS diluted $	Div. per share $	Oper. cash flow	Capital expend.	Free cash flow	Total assets	Total liabilities	Total debt	Stockholders' equity	ROE %	Debt / equity
12/31/25	3,027	–	(1,430)	-47.2	(8.44)	4.68	1,414	–	–	34,082	14,925	12,401	15,470	-9.2	0.80
12/31/24	3,116	–	323	10.4	1.80	5.19	1,505	–	–	37,527	15,129	12,244	17,889	1.8	0.68
12/31/23	2,886	–	104	3.6	0.54	4.96	1,631	–	–	36,771	14,148	11,316	18,471	0.6	0.61
12/31/22	2,589	–	522	20.1	3.18	4.72	1,294	–	–	35,523	12,840	10,160	18,972	2.7	0.54
12/31/21	2,114	–	571	27.0	3.82	4.48	1,010	–	–	30,219	11,186	8,792	16,190	3.5	0.54
12/31/20	1,886	–	771	40.9	6.01	4.24	883	–	–	22,828	9,384	7,563	11,726	6.6	0.65
12/31/19	1,531	–	363	23.7	3.12	4.00	684	–	–	18,391	8,224	6,777	8,866	4.1	0.76
12/31/18	1,327	–	379	28.6	3.52	3.73	570	–	–	14,465	6,570	5,478	7,342	5.2	0.75
12/31/17	1,128	–	169	15.0	1.58	3.45	451	–	–	12,104	5,621	4,765	5,950	2.8	0.80
12/31/16	922	–	(66)	-7.1	(1.99)	–	393	–	–	10,355	4,973	4,164	4,896	-1.3	0.85

Net margin = net income ÷ revenues; ROE = net income ÷ year-end stockholders’ equity; total debt = long-term debt including current maturities plus short-term borrowings/commercial paper, as tagged in XBRL; free cash flow = operating cash flow − purchases of property, plant and equipment; d = derived as total assets − total equity where the filing does not tag total liabilities; – = not reported in XBRL for that year.

REGISTRANT:

ALEXANDRIA REAL ESTATE EQUITIES, INC.
CIK 1035443 · EIN 95-4502084

PRINCIPAL OFFICE:

26 North Euclid Avenue, Pasadena, CA 91101
Tel.: 6265780777

INCORPORATED:

Maryland

INDUSTRY (SEC SIC CODE):

6798 · Real Estate Investment Trusts

FILER STATUS:

Large accelerated filer

LATEST ANNUAL REPORT:

10-K for period ended 12/31/25, filed 26 January 2026

FORMER NAMES:

ALEXANDRIA REAL ESTATE EQUITIES, INC.; ALEXANDRIA REAL ESTATE EQUITIES INC

RECENT FILINGS (ANNUAL REPORT REFERENCES BELOW):

9/24/26	8-K	period 9/24/26
8/21/26	8-K	period 8/21/26
8/14/26	8-K	period 8/12/26
8/3/26	8-K	period 8/3/26
8/3/26	10-Q	period 6/30/26
7/9/26	8-K	period 7/9/26
5/14/26	8-K	period 5/13/26
4/27/26	8-K	period 4/27/26

Sources: SEC XBRL company facts (all financial figures) · SEC submissions (registrant, address, SIC, filings) · annual reports: 10-K FY2025 (filed 1/26/26) · 10-K FY2024 (filed 1/27/25) · 10-K FY2023 (filed 1/29/24) · 10-K FY2022 (filed 1/30/23) · 10-K FY2021 (filed 1/31/22) · 10-K FY2020 (filed 2/1/21) · 10-K FY2019 (filed 2/4/20) · 10-K FY2018 (filed 2/5/19). Values are the latest figures filed for each fiscal year (restated where a later 10-K restated them). Ratios and free cash flow are Pathos calculations from those figures. Retrieved 31 October 2026.