Alexandria Real Estate Equities, Inc.
AREFinancial Statements
Income Statement (Annual)
Amounts in millions
2024
12/31/2024
Revenue
3,050
Cost of Revenue
909
Gross Profit
2,140
Gross Margin
70.2%
Operating Income
770
Operating Margin
25.2%
Net Income
323
Net Margin
10.6%
EPS (Basic)
$1.80
EPS (Diluted)
$1.80
EBITDA
1,899
EBITDA Margin
62.3%
2023
12/31/2023
Revenue
2,842
Cost of Revenue
859
Gross Profit
1,983
Gross Margin
69.8%
Operating Income
690
Operating Margin
24.3%
Net Income
104
Net Margin
3.6%
EPS (Basic)
$0.54
EPS (Diluted)
$0.54
EBITDA
1,449
EBITDA Margin
51.0%
2022
12/31/2022
Revenue
2,576
Cost of Revenue
783
Gross Profit
1,793
Gross Margin
69.6%
Operating Income
613
Operating Margin
23.8%
Net Income
522
Net Margin
20.3%
EPS (Basic)
$3.18
EPS (Diluted)
$3.18
EBITDA
1,767
EBITDA Margin
68.6%
2021
12/31/2021
Revenue
2,108
Cost of Revenue
624
Gross Profit
1,485
Gross Margin
70.4%
Operating Income
512
Operating Margin
24.3%
Net Income
571
Net Margin
27.1%
EPS (Basic)
$2.84
EPS (Diluted)
$2.83
EBITDA
1,618
EBITDA Margin
76.7%
2020
12/31/2020
Revenue
1,894
Cost of Revenue
530
Gross Profit
1,364
Gross Margin
72.0%
Operating Income
1,230
Operating Margin
65.0%
Net Income
771
Net Margin
40.7%
EPS (Basic)
$4.69
EPS (Diluted)
$4.67
EBITDA
1,173
EBITDA Margin
61.9%