Alexandria Real Estate Equities, Inc. (ARE)

Solvency & Capital Structure

Total Debt

$12.88B

Net Debt

$12.46B

Alexandria Real Estate Equities, Inc. currently has $12.88B in total debt. Net debt is $12.46B after cash offsets.

Financial Fundamentals

ARE • Quarterly Data • 5Y View

Date	Total Debt ($B)	Cash & Inv. ($B)	Net Debt ($B)	Total Assets	Debt/Assets
2026-03-31	12.88	0.42	12.46	34.17	37.7%
2025-12-31	12.76	0.55	12.21	34.08	37.4%
2025-09-30	13.96	0.58	13.38	37.38	37.3%
2025-06-30	13.66	0.52	13.14	37.62	36.3%
2025-03-31	13.46	0.48	12.99	37.60	35.8%
2024-12-31	12.75	0.55	12.20	37.53	34.0%
2024-09-30	13.34	0.56	12.78	38.49	34.7%
2024-06-30	12.80	0.56	12.24	37.85	33.8%
2024-03-31	12.60	0.72	11.88	37.70	33.4%
2023-12-31	11.70	0.62	11.08	36.77	31.8%
2023-09-30	11.59	0.53	11.06	36.78	31.5%
2023-06-30	11.57	0.92	10.65	36.66	31.6%
2023-03-31	11.94	1.26	10.68	36.91	32.4%
2022-12-31	10.57	0.83	9.74	35.52	29.7%
2022-09-30	10.93	0.53	10.40	34.37	31.8%
2022-06-30	10.68	0.42	10.26	33.24	32.1%
2022-03-31	10.71	0.78	9.93	32.84	32.6%
2021-12-31	9.23	0.36	8.87	30.22	30.5%
2021-09-30	9.64	0.33	9.31	28.56	33.7%
2021-06-30	9.21	0.32	8.89	27.02	34.1%
2021-03-31	8.89	0.49	8.39	25.23	35.2%
2020-12-31	7.91	0.57	7.34	22.83	34.6%
2020-09-30	8.15	0.45	7.70	21.91	37.2%
2020-06-30	7.81	0.21	7.61	20.07	38.9%
2020-03-31	7.60	0.45	7.15	19.70	38.6%
2019-12-31	7.05	0.19	6.86	18.39	38.3%
2019-09-30	7.01	0.41	6.60	17.06	41.1%
2019-06-30	6.60	0.20	6.40	16.04	41.1%
2019-03-31	6.09	0.26	5.83	15.48	39.3%
2018-12-31	5.48	0.23	5.24	14.46	37.9%
2018-09-30	5.81	0.20	5.61	14.11	41.2%
2018-06-30	5.74	0.29	5.45	13.56	42.3%
2018-03-31	5.30	0.22	5.07	12.82	41.3%
2017-12-31	4.85	0.25	4.60	12.10	40.1%
2017-09-30	4.91	0.12	4.79	11.55	42.5%
2017-06-30	4.87	0.12	4.74	11.25	43.3%
2017-03-31	4.52	0.15	4.37	10.87	41.6%
2016-12-31	4.22	0.13	4.10	10.35	40.8%
2016-09-30	4.35	0.16	4.19	9.29	46.8%
2016-06-30	4.05	0.26	3.79	9.14	44.3%
2016-03-31	4.12	0.15	3.97	8.97	45.9%
2015-12-31	3.96	0.13	3.84	8.91	44.5%
2015-09-30	4.34	0.08	4.26	8.74	49.7%
2015-06-30	4.12	0.07	4.05	8.52	48.3%
2015-03-31	3.93	0.09	3.84	8.41	46.8%
2014-12-31	3.69	0.09	3.60	8.14	45.3%
2014-09-30	3.50	0.07	3.43	8.02	43.7%
2014-06-30	3.33	0.06	3.27	7.82	42.7%
2014-03-31	3.25	0.07	3.18	7.76	41.9%
2013-12-31	3.07	0.06	3.01	7.53	40.8%
2013-09-30	2.87	0.05	2.82	7.36	39.0%
2013-06-30	2.96	0.30	2.66	7.38	40.1%
2013-03-31	3.18	0.09	3.10	7.09	44.9%
2012-12-31	3.20	0.14	3.06	7.15	44.7%
2012-09-30	3.03	0.09	2.94	6.97	43.5%
2012-06-30	3.00	0.08	2.92	6.84	43.8%
2012-03-31	2.79	0.08	2.71	6.72	41.5%
2011-12-31	2.80	0.08	2.72	6.57	42.5%
2011-09-30	2.66	0.07	2.59	6.46	41.2%
2011-06-30	2.55	0.06	2.49	6.34	40.3%
2011-03-31	2.67	0.08	2.59	5.98	44.6%
2010-12-31	2.58	0.09	2.49	5.91	43.8%
2010-09-30	2.52	0.11	2.41	5.75	43.8%
2010-06-30	2.68	0.07	2.61	5.57	48.2%
2010-03-31	2.76	0.07	2.69	5.47	50.5%
2009-12-31	2.75	0.07	2.68	5.46	50.3%
2009-09-30	2.67	0.07	2.60	5.39	49.4%
2009-06-30	2.83	0.07	2.76	5.29	53.5%
2009-03-31	2.83	0.13	2.70	5.24	54.0%
2008-12-31	2.94	0.07	2.87	5.13	57.3%
2008-09-30	2.80	0.02	2.79	4.93	56.9%
2008-06-30	2.98	0.01	2.97	4.80	62.0%
2008-03-31	2.63	0.01	2.62	4.69	56.0%
2007-12-31	2.79	0.01	2.78	4.64	60.1%
2007-09-30	2.50	0.03	2.47	4.31	58.1%
2007-06-30	2.27	0.01	2.27	3.85	59.1%
2007-03-31	2.18	0.01	2.17	3.72	58.5%
2006-12-31	2.02	0.00	2.02	3.62	56.0%
2006-09-30	1.72	0.01	1.71	3.31	52.1%
2006-06-30	1.31	0.00	1.30	2.58	50.7%
2006-03-31	1.54	0.00	1.54	2.51	61.5%
2005-12-31	1.41	0.00	1.40	2.36	59.5%
2005-09-30	1.27	0.00	1.27	2.20	57.9%
2005-06-30	1.30	0.00	1.30	2.09	62.2%
2005-03-31	1.22	0.00	1.21	2.00	60.8%
2004-12-31	1.19	0.00	1.18	1.87	63.4%
2004-09-30	0.85	0.01	0.84	1.52	55.6%
2004-06-30	0.68	0.00	0.68	1.38	49.6%
2004-03-31	0.72	0.00	0.71	1.29	55.5%
2003-12-31	0.71	0.00	0.70	1.27	55.7%
2003-09-30	0.66	0.00	0.65	1.21	54.1%
2003-06-30	0.68	0.00	0.68	1.23	55.4%
2003-03-31	0.67	0.00	0.66	1.21	55.0%
2002-12-31	0.61	0.00	0.61	1.16	53.0%
2002-09-30	0.54	0.00	0.54	1.08	50.2%
2002-06-30	0.58	0.00	0.58	1.04	56.1%
2002-03-31	0.52	0.01	0.51	0.98	53.1%
2001-12-31	0.57	0.00	0.57	0.96	59.6%
2001-09-30	0.55	0.00	0.55	0.93	59.5%
2001-06-30	0.27	0.00	0.27	0.88	31.2%
2001-03-31	0.46	0.01	0.45	0.82	56.1%
2000-12-31	0.43	0.00	0.43	0.78	55.2%
2000-09-30	0.41	0.00	0.41	0.77	53.7%
2000-06-30	0.39	0.00	0.39	0.70	56.0%
2000-03-31	0.37	0.00	0.37	0.66	55.9%
1999-12-31	0.35	0.00	0.35	0.64	54.5%
1999-09-30	0.33	0.00	0.33	0.62	53.6%
1999-06-30	0.28	0.00	0.27	0.56	49.1%
1999-03-31	0.30	0.00	0.30	0.55	54.4%
1998-12-31	0.31	0.00	0.31	0.53	58.4%
1998-09-30	0.26	0.00	0.26	0.48	54.4%
1998-06-30	0.21	0.00	0.20	0.42	49.1%
1998-03-31	0.19	0.00	0.19	0.37	51.8%
1997-12-31	0.07	0.00	0.07	0.25	28.5%
1997-09-30	0.05	0.01	0.05	0.23	23.6%
1997-06-30	0.06	0.02	0.03	0.23	24.0%
1997-03-31	0.12	0.00	0.11	0.16	71.3%