SuperworthAlexandria Real Estate Equities free cash flow ARE
Cash from operations less capital spending, by quarter and over the last twelve months, from 2009.
- Last 12 months, to Jun 30, 2026
- −$459.8M
- Latest quarter, Q2 FY26
- −$66.4M
- −365% on a year earlier
- Fiscal year 2025
- −$456.9M
Alexandria Real Estate Equities' free cash flow was −$459.8M over the twelve months to Jun 30, 2026.
In its latest quarter, Q2 FY26, it was −$66.4M, down 365% on the same quarter a year before.
Free cash flow over time
Fiscal year by fiscal year
| Fiscal year | Free cash flow | Change |
|---|---|---|
| FY2025 | −$456.9M | n/a |
| FY2024 | −$918.1M | n/a |
| FY2023 | −$1.8B | n/a |
| FY2022 | −$2B | n/a |
| FY2021 | −$1.1B | n/a |
| FY2020 | −$562.7M | n/a |
| FY2019 | −$540.7M | n/a |
| FY2018 | −$356.8M | n/a |
| FY2017 | −$442.8M | n/a |
| FY2016 | −$429.2M | n/a |
| FY2015 | −$221.6M | n/a |
| FY2014 | −$163.4M | n/a |
| FY2013 | −$280.7M | n/a |
| FY2012 | −$243.5M | n/a |
| FY2011 | −$183.1M | n/a |
Each fiscal year is the twelve months to its fourth quarter.
Quarter by quarter
| Quarter | Ended | Free cash flow | On a year earlier | Last 12 months |
|---|---|---|---|---|
| Q2 FY26 | −$66.4M | −365% | −$459.8M | |
| Q1 FY26 | −$349.4M | n/a | −$368.4M | |
| Q4 FY25 | −$19.9M | n/a | −$456.9M | |
| Q3 FY25 | −$24.1M | n/a | −$653M | |
| Q2 FY25 | $25.1M | n/a | −$842.7M | |
| Q1 FY25 | −$437.9M | n/a | −$1B | |
| Q4 FY24 | −$216.1M | n/a | −$918.1M | |
| Q3 FY24 | −$213.7M | n/a | −$1.1B | |
| Q2 FY24 | −$136.1M | n/a | −$1.2B | |
| Q1 FY24 | −$352.1M | n/a | −$1.6B | |
| Q4 FY23 | −$388.7M | n/a | −$1.8B | |
| Q3 FY23 | −$370.9M | n/a | −$2B |
Against its peers
Companies in REIT - Specialty nearest Alexandria Real Estate Equities' size, closest first, today.
| Company | Free cash flow yield |
|---|---|
| AREAlexandria Real Estate Equities | n/m |
| FRFirst Industrial Realty Trust | n/m |
| STAGSTAG Industrial | n/m |
| NNNNNN REIT | n/m |
| RHPRyman Hospitality Properties | n/m |
| ADCAgree Realty | n/m |
| BRXBrixmor Property | n/m |
| CTRECareTrust REIT | n/m |
| CUBECubeSmart | n/m |
| FRTFederal Realty Investment Trust | n/m |
| EPRTEssential Properties Realty Trust | n/m |
What the free cash flow tells you
Cash from operations minus capital spending. The cash the company could hand back or reinvest.
Seasonal and lumpy quarter to quarter. The TTM view is the one to trust.
More on Alexandria Real Estate Equities
Valuation data, not investment advice. Prices as of . Reported figures come from the company's filings with the SEC.