ALEXANDRIA REAL ESTATE EQUITIES, INC. (ARE) closed fiscal year 2025 with a gross margin of 66.8 % and a net margin of -47.2 %.
ALEXANDRIA REAL ESTATE EQUITIES, INC. (ARE) closed fiscal year 2025 with a gross margin of 66.8 % and a net margin of -47.2 %. The same year shows an EBITDA margin of 11.9 % and an EBIT margin of -32.7 %. The free cash flow margin was 46.7 %. Against the previous year the gross margin moved −1.9 pp and the net margin −57.6 pp. Across the period the gross margin ranges between 66.8 % in 2025 and 69.3 % in 2022. The series covers 18 fiscal years, from 2008 to 2025. Margins are expressed as a percentage of net revenue and are derived from the same figures as the income statement, taken from as-reported SEC EDGAR filings, with no restatements or adjustments of our own.
Fiscal year end: December
| 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross margin (%) | — | — | — | — | — | — | — | — | — | — | — | — | — | — | 69.25 % | 68.73 % | 68.68 % | 66.83 % |
| EBITDA margin (%) | — | — | — | — | — | — | — | — | — | — | — | — | — | — | 68.25 % | 50.20 % | 60.93 % | 11.91 % |
| EBIT margin (%) | — | — | — | — | — | — | — | — | — | — | — | — | — | — | 29.54 % | 12.31 % | 22.35 % | -32.71 % |
| Net margin (%) | 33.83 % | 34.89 % | 35.08 % | 28.00 % | 22.07 % | 29.12 % | 18.67 % | 23.69 % | -7.15 % | 14.99 % | 28.57 % | 23.72 % | 40.89 % | 27.02 % | 20.15 % | 3.59 % | 10.36 % | -47.23 % |
| FCF margin (%) | — | — | — | — | — | — | — | — | — | — | — | — | — | — | 49.99 % | 56.50 % | 48.28 % | 46.72 % |
