ARE – Dividend Returns, History & Calculator

Dividend Contender 15 Years

Alexandria Real Estate Equities, Inc. (NYSE: ARE), an S&P 500 company, is a best-in-class, mission-driven life science REIT making a positive and lasting impact on the world. With our founding in 1994, Alexandria pioneered the life science real estate niche. A

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Company Info

Symbol ARE

Company Alexandria Real Estate Equities

Sector Real Estate

Industry REIT - Office

Website Visit

Market Cap $13,010.7M

Price Data

Price $76.21

Price Change +1.14

Price Change % +1.52%

Next Earnings Oct 27, 2025

Low (52W) $67.37

High (52W) $122.67

Dividend Data

Div Yield 519.62%

5Y Avg Yield 414.26%

Current Div $1.320

Payouts/Year 3

Annualized $3.960

Previous Div $1.320

Ex-Date Sep 30, 2025

Growth Rates

Chowder Number 10.0

DGR 1Y 2.7%

DGR 3Y 4.3%

DGR 5Y 4.8%

DGR 10Y 5.7%

Total Returns

TTR 1Y - With Specials -29.4%

TTR 3Y - With Specials -10.5%

TTR 1Y - No Specials -29.4%

TTR 3Y - No Specials -10.5%

Fair Value

Fair Value (P/E 10) $76.43

FV (P/E 10) % 0.0%

Fair Value (Peter Lynch) $12.75

FV (Peter Lynch) % 498.0%

Fair Value (Blended) $54.40

FV (Blended) % 40.0%

Financial Metrics

Revenue 1Y 8.0%

NPM -0.7%

CF/Share $8.32

ROE 0.8%

Current R 3.3x

Debt/Capital 42.0%

ROTC -0.1%

P/BV 0.8x

📊 Financial data last updated: October 16, 2025 12:06 pm

Calculate your ARE Dividend Returns

Quickly and easily calculate ARE dividend yield using our ARE calculator. Adjust the fields below to see how your ARE investments snowball over time.

Initial Investment: The lump sum you’re investing on day 1. Share Price: The current market price of one share. Dividend Amount (per payout): Enter the dividend paid per share each payout (e.g., quarterly for many ETFs). Annual yield is computed from this and the selected frequency. Dividend Frequency: How often you receive dividends (e.g. quarterly). Dividend Growth Rate: The yearly increase in dividend payouts (as a percentage). Share Price Growth: Expected annual increase in share price over time. Extra Investment: The amount you invest regularly (e.g. each month). Extra Invest Frequency: How often your extra investment is made (e.g. monthly). Length of Investment: How long you plan to keep investing and compounding.

Show Idealized Scenario (Assumes all future extra investments and dividends are made on Day 1 and reinvested instantly — this creates a best-case scenario for compounding growth.)

Portfolio Growth Over Time

Data last updated: October 16, 2025 4:29 pm

Year-by-Year Portfolio Growth (Realistic DRIP Scenario)

Year	Start Balance	Start Shares	Share Price	Dividend / Share	Dividend Yield	Yield on Cost	Annual Dividend	Total Dividends	End Shares	End Balance
1	$10,000	130	$76.69	$1.32	5.16%	5.16%	$567	$567	153	$11,767
2	$11,545	153	$75.24	$1.39	5.55%	5.45%	$698	$1,265	179	$13,443
3	$13,189	179	$73.82	$1.47	5.98%	5.75%	$852	$2,118	206	$15,241
4	$14,953	206	$72.42	$1.55	6.43%	6.07%	$1,034	$3,152	237	$17,187
5	$16,862	237	$71.05	$1.64	6.91%	6.41%	$1,249	$4,401	272	$19,311
6	$18,946	272	$69.71	$1.73	7.44%	6.76%	$1,505	$5,906	311	$21,651
7	$21,242	311	$68.39	$1.82	8.00%	7.14%	$1,810	$7,716	355	$24,252
8	$23,794	355	$67.10	$1.93	8.61%	7.53%	$2,177	$9,893	405	$27,171
9	$26,657	405	$65.83	$2.03	9.26%	7.95%	$2,621	$12,514	463	$30,478
10	$29,902	463	$64.59	$2.14	9.96%	8.39%	$3,159	$15,673	530	$34,261

ARE Dividend History

Ex-Date	Payment Date	Amount	TTM Yield	Forward Yield	Price on Ex-Date
09/30/2025	09/30/2025	$1.32	6.34%	4.75%	$83.34
06/30/2025	06/30/2025	$1.32	7.24%	5.45%	$72.63
03/31/2025	03/31/2025	$1.32	5.66%	4.28%	$92.51
12/31/2024	12/31/2024	$1.32	5.32%	4.06%	$97.55
09/30/2024	09/30/2024	$1.30	4.33%	3.28%	$118.75
06/28/2024	06/28/2024	$1.30	4.34%	3.33%	$116.97
03/27/2024	03/27/2024	$1.27	3.93%	2.98%	$127.68
12/28/2023	12/28/2023	$1.27	3.85%	2.96%	$128.90
09/28/2023	09/28/2023	$1.24	4.93%	3.75%	$99.31
06/29/2023	06/29/2023	$1.24	4.27%	3.28%	$113.37
03/30/2023	03/30/2023	$1.21	3.86%	2.93%	$123.98
12/29/2022	12/29/2022	$1.21	3.25%	2.50%	$145.20
09/29/2022	09/29/2022	$1.18	3.37%	2.56%	$138.44
06/29/2022	06/29/2022	$1.18	3.18%	2.45%	$144.54
03/30/2022	03/30/2022	$1.15	2.25%	1.71%	$202.08
12/30/2021	12/30/2021	$1.15	2.01%	1.55%	$223.16
09/29/2021	09/29/2021	$1.12	2.29%	1.74%	$192.84
06/29/2021	06/29/2021	$1.12	2.38%	1.84%	$183.02
03/30/2021	03/30/2021	$1.09	2.59%	1.97%	$166.27
12/30/2020	12/30/2020	$1.09	2.42%	1.87%	$175.09

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ARE 10-yr Total Return ($10,000 invested)

This analysis of ARE demonstrates the power of dividend reinvestment over a 10-year period with a $10,000 initial investment. The dividend reinvestment strategy delivered a 2.5% CAGR, representing modest long-term performance. The DRIP strategy provided 22% more total return compared to collecting dividends as cash, highlighting the compounding effect of reinvestment.

With DRIP No DRIP

Date	With DRIP	No DRIP	DRIP Advantage	Dividend
2015-12-29	$10,084	$10,084	$0	$0.770
2016-03-29	$10,049	$10,049	$0	$0.800
2016-06-28	$11,130	$11,112	$18	$0.800
2016-09-28	$12,661	$12,605	$56	$0.800
2016-12-28	$12,276	$12,233	$44	$0.830
2017-03-29	$12,515	$12,462	$53	$0.830
2017-06-28	$13,834	$13,720	$114	$0.860
2017-09-28	$13,582	$13,482	$101	$0.860
2017-12-28	$15,211	$15,013	$198	$0.900
2018-03-28	$14,488	$14,338	$150	$0.900
2018-06-28	$14,923	$14,741	$182	$0.930
2018-09-27	$14,607	$14,450	$157	$0.930
2018-12-28	$13,676	$13,600	$76	$0.970
2019-03-28	$17,308	$16,889	$419	$0.970
2019-06-27	$17,046	$16,653	$393	$1.000
2019-09-27	$18,756	$18,180	$575	$1.000
2019-12-30	$19,686	$19,005	$680	$1.030
2020-03-30	$17,961	$17,485	$476	$1.030
2020-06-29	$20,201	$19,446	$755	$1.060
2020-09-29	$20,121	$19,376	$745	$1.060
2020-12-30	$22,165	$21,142	$1,023	$1.090
2021-03-30	$21,187	$20,302	$884	$1.090
2021-06-29	$23,464	$22,245	$1,219	$1.120
2021-09-29	$24,866	$23,434	$1,433	$1.120
2021-12-30	$28,924	$26,854	$2,070	$1.150
2022-03-30	$26,341	$24,688	$1,653	$1.150
2022-06-29	$18,995	$18,562	$433	$1.180
2022-09-29	$18,348	$18,027	$321	$1.180
2022-12-29	$19,404	$18,893	$511	$1.210
2023-03-30	$16,730	$16,718	$12	$1.210
2023-06-29	$15,466	$15,700	$-234	$1.240
2023-09-28	$13,717	$14,307	$-590	$1.240
2023-12-28	$17,979	$17,661	$318	$1.270
2024-03-27	$17,986	$17,666	$320	$1.270
2024-06-28	$16,661	$16,643	$17	$1.300
2024-09-30	$17,099	$16,978	$121	$1.300
2024-12-31	$14,237	$14,817	$-581	$1.320
2025-03-31	$13,694	$14,413	$-719	$1.320
2025-06-30	$10,947	$12,396	$-1,449	$1.320
2025-09-30	$12,760	$13,703	$-944	$1.320

Total Return with and without DRIP (ARE)

Over the selected period, investing $10,000 in ARE would grow to $19,054 with DRIP (90.5%), and $19,189 without DRIP (91.9%).

ARE Dividend Reinvestment Snowball

Investing $10,000 + $100/mo in ARE with historic price growth (-1.89%) and dividend growth (5.54%) produces dramatically different outcomes depending on whether you reinvest dividends.

After 20 Years

Your Investment: $34,000

With DRIP

Portfolio: $153,135

Annual Dividend: $34,038

Yield on Cost: 100.11%

Total Dividends: $136,933

No DRIP

Portfolio: $74,674

Total Dividends: $47,912

After 30 Years

Your Investment: $46,000

With DRIP

Portfolio: $2,690,938

Annual Dividend: $1,240,990

Yield on Cost: 2,697.81%

Total Dividends: $2,804,290

No DRIP

Portfolio: $178,317

Total Dividends: $145,289

Milestones on the way

By year 13, the compounding really starts to show. Your total dividends collected reach $30,052 against a total investment of $25,600. At this point, your portfolio is throwing off $6,603 per year in dividends alone.

By year 17, the annual dividend climbs to around your initial contribution. For a starting investment of $10,000, the yearly dividend now sits at approximately $15,924, a powerful “income on autopilot” milestone.

After two decades, cumulative dividends total $136,933 versus $34,000 invested, nearly a 403% recovery of capital purely from income. Yield on cost reaches 100.11%.

At year 25, the income engine takes over. The portfolio’s annual dividend of $159,924 is greater than total contributions to date ($40,000), and cumulative dividends exceed $503,799.

By year 30, the DRIP snowball is in full force. Yearly income reaches $1,240,990, cumulative dividends total $2,804,290, and the DRIP portfolio value stands at $2,690,938, compared with $178,317 if dividends weren’t reinvested.

How we estimate these numbers

We use the latest calculator inputs for ARE, price $76.69, dividend per period $1.32 (3×/year), along with historic growth assumptions: price growth -1.89% and dividend growth 5.54% annually.

We simulate month by month for 30 years. Every month, a $100 contribution is added and converted to shares at that month’s price. Dividends are paid roughly evenly across the year based on the dividend frequency; in the DRIP path, each payout immediately buys additional shares at the then-current price. In the No‑DRIP path, dividends accrue as cash. Prices grow using a monthly rate derived from the annual price growth. Dividends per share increase once per year at the annual dividend growth rate.

This model isn’t investment advice; it’s a simple, transparent framework that illustrates how reinvesting dividends can accelerate both income and total return over time.

Projected Future Returns & Dividends for ARE

Based on past 10-year performance, here are ARE growth metrics:

Share price CAGR of +7.28%

Dividend CAGR of +5.75%

Using ARE CAGR metrics, we can estimate that your initial $10,000 investment, over the next 10 years, should grow as follows:

	ARE (DRIP)	ARE (No DRIP)
Current Price	$76.69	$76.69
Start Shares	130.40	130.40
Start Value	$10,000	$10,000
After 10 years:
Final Share Count	207.88	130.40
Dividends Payment	$6.92	$6.92
Annual Dividends	$1,378	$903
Yield on cost	13.78%	9.03%
Share Price	$154.85	$154.85
Total Dividends	$9,091	$7,112
Final Value	$32,190	$27,304

Estimated Future Value + Dividends – ARE

Dividend History: Payments & Yield

Shows quarterly dividend payments with trailing yield and a 5-year rolling average overlay. Use the range pills to switch the visible period.

Yield Dividend

Date	Dividend	Share Price	Yield %	TTM Dividend	TTM Yield %
2015-12-29	$0.7700	$92.00	0.84%	$3.0500	3.32%
2016-03-29	$0.8000	$90.88	0.88%	$3.1100	3.42%
2016-06-28	$0.8000	$99.86	0.80%	$3.1400	3.14%
2016-09-28	$0.8000	$112.80	0.71%	$3.1700	2.81%
2016-12-28	$0.8300	$108.54	0.76%	$3.2300	2.98%
2017-03-29	$0.8300	$109.82	0.76%	$3.2600	2.97%
2017-06-28	$0.8600	$120.53	0.71%	$3.3200	2.75%
2017-09-28	$0.8600	$117.48	0.73%	$3.3800	2.88%
2017-12-28	$0.9000	$130.67	0.69%	$3.4500	2.64%
2018-03-28	$0.9000	$123.56	0.73%	$3.5200	2.85%
2018-06-28	$0.9300	$126.34	0.74%	$3.5900	2.84%
2018-09-27	$0.9300	$122.73	0.76%	$3.6600	2.98%
2018-12-28	$0.9700	$113.94	0.85%	$3.7300	3.27%
2019-03-28	$0.9700	$143.23	0.68%	$3.8000	2.65%
2019-06-27	$1.0000	$140.06	0.71%	$3.8700	2.76%
2019-09-27	$1.0000	$153.11	0.65%	$3.9400	2.57%
2019-12-30	$1.0300	$159.67	0.65%	$4.0000	2.51%
2020-03-30	$1.0300	$144.65	0.71%	$4.0600	2.81%
2020-06-29	$1.0600	$161.63	0.66%	$4.1200	2.55%
2020-09-29	$1.0600	$159.93	0.66%	$4.1800	2.61%
2020-12-30	$1.0900	$175.09	0.62%	$4.2400	2.42%
2021-03-30	$1.0900	$166.27	0.66%	$4.3000	2.59%
2021-06-29	$1.1200	$183.02	0.61%	$4.3600	2.38%
2021-09-29	$1.1200	$192.84	0.58%	$4.4200	2.29%
2021-12-30	$1.1500	$223.16	0.52%	$4.4800	2.01%
2022-03-30	$1.1500	$202.08	0.57%	$4.5400	2.25%
2022-06-29	$1.1800	$144.54	0.82%	$4.6000	3.18%
2022-09-29	$1.1800	$138.44	0.85%	$4.6600	3.37%
2022-12-29	$1.2100	$145.20	0.83%	$4.7200	3.25%
2023-03-30	$1.2100	$123.98	0.98%	$4.7800	3.86%
2023-06-29	$1.2400	$113.37	1.09%	$4.8400	4.27%
2023-09-28	$1.2400	$99.31	1.25%	$4.9000	4.93%
2023-12-28	$1.2700	$128.90	0.99%	$4.9600	3.85%
2024-03-27	$1.2700	$127.68	0.99%	$5.0200	3.93%
2024-06-28	$1.3000	$116.97	1.11%	$5.0800	4.34%
2024-09-30	$1.3000	$118.75	1.09%	$5.1400	4.33%
2024-12-31	$1.3200	$97.55	1.35%	$5.1900	5.32%
2025-03-31	$1.3200	$92.51	1.43%	$5.2400	5.66%
2025-06-30	$1.3200	$72.63	1.82%	$5.2600	7.24%
2025-09-30	$1.3200	$83.34	1.58%	$5.2800	6.34%

Dividend Growth

Lifetime quarterly dividend amounts, with range controls for 1Y/2Y/5Y/10Y. Useful to visualize the cadence and pace of dividend increases over time.

Dividend

Date	Dividend	Share Price	Yield %	QoQ Change
2015-12-29	$0.7700	$92.00	0.84%	N/A
2016-03-29	$0.8000	$90.88	0.88%	+3.9%
2016-06-28	$0.8000	$99.86	0.80%	+0.0%
2016-09-28	$0.8000	$112.80	0.71%	+0.0%
2016-12-28	$0.8300	$108.54	0.76%	+3.7%
2017-03-29	$0.8300	$109.82	0.76%	+0.0%
2017-06-28	$0.8600	$120.53	0.71%	+3.6%
2017-09-28	$0.8600	$117.48	0.73%	+0.0%
2017-12-28	$0.9000	$130.67	0.69%	+4.7%
2018-03-28	$0.9000	$123.56	0.73%	+0.0%
2018-06-28	$0.9300	$126.34	0.74%	+3.3%
2018-09-27	$0.9300	$122.73	0.76%	+0.0%
2018-12-28	$0.9700	$113.94	0.85%	+4.3%
2019-03-28	$0.9700	$143.23	0.68%	+0.0%
2019-06-27	$1.0000	$140.06	0.71%	+3.1%
2019-09-27	$1.0000	$153.11	0.65%	+0.0%
2019-12-30	$1.0300	$159.67	0.65%	+3.0%
2020-03-30	$1.0300	$144.65	0.71%	+0.0%
2020-06-29	$1.0600	$161.63	0.66%	+2.9%
2020-09-29	$1.0600	$159.93	0.66%	+0.0%
2020-12-30	$1.0900	$175.09	0.62%	+2.8%
2021-03-30	$1.0900	$166.27	0.66%	+0.0%
2021-06-29	$1.1200	$183.02	0.61%	+2.8%
2021-09-29	$1.1200	$192.84	0.58%	+0.0%
2021-12-30	$1.1500	$223.16	0.52%	+2.7%
2022-03-30	$1.1500	$202.08	0.57%	+0.0%
2022-06-29	$1.1800	$144.54	0.82%	+2.6%
2022-09-29	$1.1800	$138.44	0.85%	+0.0%
2022-12-29	$1.2100	$145.20	0.83%	+2.5%
2023-03-30	$1.2100	$123.98	0.98%	+0.0%
2023-06-29	$1.2400	$113.37	1.09%	+2.5%
2023-09-28	$1.2400	$99.31	1.25%	+0.0%
2023-12-28	$1.2700	$128.90	0.99%	+2.4%
2024-03-27	$1.2700	$127.68	0.99%	+0.0%
2024-06-28	$1.3000	$116.97	1.11%	+2.4%
2024-09-30	$1.3000	$118.75	1.09%	+0.0%
2024-12-31	$1.3200	$97.55	1.35%	+1.5%
2025-03-31	$1.3200	$92.51	1.43%	+0.0%
2025-06-30	$1.3200	$72.63	1.82%	+0.0%
2025-09-30	$1.3200	$83.34	1.58%	+0.0%

Dividend Payments & Yield

Quarterly dividends with TTM yield and a 5‑year rolling average overlay. Helps compare current yield versus recent history across different ranges.

Dividend 5-yr Rolling AVG Yield

Date	Dividend	TTM Yield	5-yr Avg Yield	YoY Change
2015-12-29	$0.7700	3.32%	3.32%	N/A
2016-03-29	$0.8000	3.42%	3.37%	N/A
2016-06-28	$0.8000	3.14%	3.29%	N/A
2016-09-28	$0.8000	2.81%	3.17%	3.9%
2016-12-28	$0.8300	2.98%	3.13%	3.9%
2017-03-29	$0.8300	2.97%	3.11%	3.8%
2017-06-28	$0.8600	2.75%	3.06%	4.7%
2017-09-28	$0.8600	2.88%	3.03%	4.6%
2017-12-28	$0.9000	2.64%	2.99%	5.8%
2018-03-28	$0.9000	2.85%	2.98%	6.0%
2018-06-28	$0.9300	2.84%	2.96%	6.2%
2018-09-27	$0.9300	2.98%	2.97%	6.1%
2018-12-28	$0.9700	3.27%	2.99%	6.0%
2019-03-28	$0.9700	2.65%	2.96%	5.9%
2019-06-27	$1.0000	2.76%	2.95%	5.7%
2019-09-27	$1.0000	2.57%	2.93%	5.6%
2019-12-30	$1.0300	2.51%	2.90%	5.3%
2020-03-30	$1.0300	2.81%	2.90%	4.9%
2020-06-29	$1.0600	2.55%	2.88%	4.6%
2020-09-29	$1.0600	2.61%	2.87%	4.5%
2020-12-30	$1.0900	2.42%	2.82%	4.4%
2021-03-30	$1.0900	2.59%	2.78%	4.4%
2021-06-29	$1.1200	2.38%	2.74%	4.3%
2021-09-29	$1.1200	2.29%	2.72%	4.3%
2021-12-30	$1.1500	2.01%	2.67%	4.2%
2022-03-30	$1.1500	2.25%	2.63%	4.1%
2022-06-29	$1.1800	3.18%	2.65%	4.1%
2022-09-29	$1.1800	3.37%	2.68%	4.0%
2022-12-29	$1.2100	3.25%	2.71%	4.0%
2023-03-30	$1.2100	3.86%	2.76%	3.9%
2023-06-29	$1.2400	4.27%	2.83%	3.9%
2023-09-28	$1.2400	4.93%	2.93%	3.8%
2023-12-28	$1.2700	3.85%	2.96%	3.8%
2024-03-27	$1.2700	3.93%	3.02%	3.7%
2024-06-28	$1.3000	4.34%	3.10%	3.7%
2024-09-30	$1.3000	4.33%	3.19%	3.6%
2024-12-31	$1.3200	5.32%	3.33%	3.4%
2025-03-31	$1.3200	5.66%	3.47%	3.2%
2025-06-30	$1.3200	7.24%	3.70%	2.3%
2025-09-30	$1.3200	6.34%	3.89%	1.7%

ARE Dividend History

Ex-Date	Payment Date	Amount	TTM Yield	Forward Yield	Price on Ex-Date
09/30/2025	09/30/2025	$1.32	6.34%	4.75%	$83.34
06/30/2025	06/30/2025	$1.32	7.24%	5.45%	$72.63
03/31/2025	03/31/2025	$1.32	5.66%	4.28%	$92.51
12/31/2024	12/31/2024	$1.32	5.32%	4.06%	$97.55
09/30/2024	09/30/2024	$1.30	4.33%	3.28%	$118.75
06/28/2024	06/28/2024	$1.30	4.34%	3.33%	$116.97
03/27/2024	03/27/2024	$1.27	3.93%	2.98%	$127.68
12/28/2023	12/28/2023	$1.27	3.85%	2.96%	$128.90
09/28/2023	09/28/2023	$1.24	4.93%	3.75%	$99.31
06/29/2023	06/29/2023	$1.24	4.27%	3.28%	$113.37
03/30/2023	03/30/2023	$1.21	3.86%	2.93%	$123.98
12/29/2022	12/29/2022	$1.21	3.25%	2.50%	$145.20
09/29/2022	09/29/2022	$1.18	3.37%	2.56%	$138.44
06/29/2022	06/29/2022	$1.18	3.18%	2.45%	$144.54
03/30/2022	03/30/2022	$1.15	2.25%	1.71%	$202.08
12/30/2021	12/30/2021	$1.15	2.01%	1.55%	$223.16
09/29/2021	09/29/2021	$1.12	2.29%	1.74%	$192.84
06/29/2021	06/29/2021	$1.12	2.38%	1.84%	$183.02
03/30/2021	03/30/2021	$1.09	2.59%	1.97%	$166.27
12/30/2020	12/30/2020	$1.09	2.42%	1.87%	$175.09
09/29/2020	09/29/2020	$1.06	2.61%	1.99%	$159.93
06/29/2020	06/29/2020	$1.06	2.55%	1.97%	$161.63
03/30/2020	03/30/2020	$1.03	2.81%	2.14%	$144.65
12/30/2019	12/30/2019	$1.03	2.51%	1.94%	$159.67
09/27/2019	09/27/2019	$1.00	2.57%	1.96%	$153.11
06/27/2019	06/27/2019	$1.00	2.76%	2.14%	$140.06
03/28/2019	03/28/2019	$0.970	2.65%	2.03%	$143.23
12/28/2018	12/28/2018	$0.970	3.27%	2.55%	$113.94
09/27/2018	09/27/2018	$0.930	2.98%	2.27%	$122.73
06/28/2018	06/28/2018	$0.930	2.84%	2.21%	$126.34
03/28/2018	03/28/2018	$0.900	2.85%	2.19%	$123.56
12/28/2017	12/28/2017	$0.900	2.64%	2.07%	$130.67
09/28/2017	09/28/2017	$0.860	2.88%	2.20%	$117.48
06/28/2017	06/28/2017	$0.860	2.75%	2.14%	$120.53
03/29/2017	03/29/2017	$0.830	2.97%	2.27%	$109.82
12/28/2016	12/28/2016	$0.830	2.98%	2.29%	$108.54
09/28/2016	09/28/2016	$0.800	2.81%	2.13%	$112.80
06/28/2016	06/28/2016	$0.800	3.14%	2.40%	$99.86
03/29/2016	03/29/2016	$0.800	3.42%	2.64%	$90.88
12/29/2015	12/29/2015	$0.770	3.32%	2.51%	$92.00
09/28/2015	09/28/2015	$0.770	3.53%	2.70%	$85.45
06/26/2015	06/26/2015	$0.770	3.35%	2.61%	$88.67
03/27/2015	03/27/2015	$0.740	3.00%	2.28%	$97.40
12/29/2014	12/29/2014	$0.740	3.21%	2.47%	$89.78
09/26/2014	09/26/2014	$0.720	3.79%	2.91%	$74.34
06/26/2014	06/26/2014	$0.720	3.64%	2.83%	$76.32
03/27/2014	03/27/2014	$0.700	3.80%	2.95%	$71.28
12/27/2013	12/27/2013	$0.680	4.11%	3.21%	$63.57
09/26/2013	09/26/2013	$0.680	3.84%	3.14%	$64.89
06/26/2013	06/26/2013	$0.650	3.66%	3.05%	$63.87
03/26/2013	03/26/2013	$0.600	3.08%	2.52%	$71.49
12/27/2012	12/27/2012	$0.560	3.06%	2.46%	$68.40
09/26/2012	09/26/2012	$0.530	2.76%	2.17%	$73.17
06/27/2012	06/27/2012	$0.510	2.82%	2.20%	$69.44
03/28/2012	03/28/2012	$0.490	2.62%	2.03%	$72.44
12/28/2011	12/28/2011	$0.490	2.72%	2.15%	$68.33
09/28/2011	09/28/2011	$0.470	3.01%	2.33%	$60.47
06/28/2011	06/28/2011	$0.450	2.22%	1.76%	$76.75
03/29/2011	03/29/2011	$0.450	2.09%	1.77%	$76.42
12/29/2010	12/29/2010	$0.450	2.06%	1.85%	$72.96
09/29/2010	09/29/2010	$0.350	2.01%	1.51%	$69.62
06/29/2010	06/29/2010	$0.350	2.20%	1.65%	$63.78
03/30/2010	03/30/2010	$0.350	2.05%	1.54%	$68.17
12/29/2009	12/29/2009	$0.350	2.81%	1.60%	$65.81
09/29/2009	09/29/2009	$0.350	4.16%	1.90%	$55.32
06/29/2009	06/29/2009	$0.350	7.71%	2.94%	$35.68
03/30/2009	03/30/2009	$0.800	9.41%	7.05%	$34.02
12/30/2008	12/30/2008	$0.800	5.44%	4.10%	$58.48
09/26/2008	09/26/2008	$0.800	2.80%	2.12%	$113.00
06/27/2008	06/27/2008	$0.800	3.18%	2.45%	$98.11
03/28/2008	03/28/2008	$0.780	3.35%	2.54%	$91.96
12/28/2007	12/28/2007	$0.780	3.02%	2.32%	$100.72
09/27/2007	09/27/2007	$0.760	3.12%	2.37%	$96.04
06/28/2007	06/28/2007	$0.760	3.04%	2.34%	$97.49
03/29/2007	03/29/2007	$0.740	2.91%	2.23%	$99.59
12/28/2006	12/28/2006	$0.740	2.85%	2.21%	$100.39
09/28/2006	09/28/2006	$0.720	2.99%	2.29%	$94.24
06/29/2006	06/29/2006	$0.700	3.14%	2.37%	$88.49
03/30/2006	03/30/2006	$0.700	2.90%	2.20%	$95.25
12/28/2005	12/28/2005	$0.700	3.36%	2.59%	$81.00
09/29/2005	09/29/2005	$0.680	3.24%	2.47%	$82.65
06/29/2005	06/29/2005	$0.680	3.60%	2.78%	$73.35
03/30/2005	03/30/2005	$0.660	4.01%	3.08%	$64.35
12/30/2004	12/30/2004	$0.660	3.40%	2.67%	$74.19
09/29/2004	09/29/2004	$0.640	3.76%	2.96%	$64.85
06/30/2004	06/30/2004	$0.620	4.16%	3.28%	$56.78
03/31/2004	03/31/2004	$0.600	3.60%	2.86%	$63.00
12/30/2003	12/30/2003	$0.580	3.74%	2.95%	$58.90
09/29/2003	09/29/2003	$0.560	4.42%	3.50%	$48.00
07/01/2003	07/01/2003	$0.530	4.57%	3.53%	$45.10
03/28/2003	03/28/2003	$0.530	4.86%	3.80%	$41.81
12/31/2002	12/31/2002	$0.500	4.69%	3.52%	$42.60
10/02/2002	10/02/2002	$0.500	4.72%	3.61%	$41.50
07/02/2002	07/02/2002	$0.500	4.05%	3.16%	$47.41
04/03/2002	04/03/2002	$0.500	4.27%	3.41%	$44.03
01/02/2002	01/02/2002	$0.460	4.50%	3.37%	$40.89
10/03/2001	10/03/2001	$0.460	4.57%	3.48%	$39.60
07/03/2001	07/03/2001	$0.460	4.58%	3.55%	$38.83
04/04/2001	04/04/2001	$0.460	4.68%	3.69%	$37.40
01/02/2001	01/02/2001	$0.430	4.70%	3.53%	$36.56
10/03/2000	10/03/2000	$0.430	5.05%	3.79%	$34.06
06/30/2000	06/30/2000	$0.430	5.02%	3.76%	$34.30
03/31/2000	03/31/2000	$0.430	5.73%	4.30%	$30.00

Page 1 of 1

Dividend Payout Ratio

Tracks the percentage of earnings paid out as dividends each quarter. Lower and stable ratios often indicate safer, more sustainable payouts.

Payout Ratio

Date	Payout Ratio	QoQ Change	YoY Change
2021-10-31	133.9%	N/A	N/A
2022-01-31	138.6%	+3.5%	N/A
2022-04-30	143.6%	+3.6%	N/A
2022-07-31	149.1%	+3.8%	N/A
2022-10-31	155.0%	+4.0%	+15.7%
2023-01-31	193.5%	+24.8%	+39.6%
2023-04-30	258.7%	+33.7%	+80.2%
2023-07-31	401.0%	+55.0%	+169.0%
2023-10-31	904.9%	+125.7%	+483.8%
2024-01-31	594.7%	-34.3%	+207.4%
2024-04-30	440.7%	-25.9%	+70.4%
2024-07-31	345.6%	-21.6%	-13.8%
2024-10-31	283.5%	-18.0%	-68.7%
2025-06-30	414.0%	+46.1%	-30.4%

Dividend to Free Cash Flow Ratio

Shows dividends as a percentage of free cash flow. Consistently high values may signal limited reinvestment capacity or potential dividend risk.

Dividend/FCF Ratio

Date	Dividend/FCF Ratio	QoQ Change	YoY Change
2021-01-31	1,670.2%	N/A	N/A
2021-04-30	1,477.6%	-11.5%	N/A
2021-07-31	1,328.6%	-10.1%	N/A
2021-10-31	1,209.9%	-8.9%	N/A
2022-01-31	1,441.1%	+19.1%	-13.7%
2022-04-30	1,273.9%	-11.6%	-13.8%
2022-07-31	1,144.7%	-10.1%	-13.8%
2022-10-31	1,041.7%	-9.0%	-13.9%
2023-01-31	1,362.1%	+30.8%	-5.5%
2023-04-30	1,203.4%	-11.7%	-5.5%
2023-07-31	1,080.5%	-10.2%	-5.6%
2023-10-31	982.7%	-9.1%	-5.7%
2024-01-31	1,325.4%	+34.9%	-2.7%
2024-04-30	1,170.2%	-11.7%	-2.8%
2024-07-31	1,050.2%	-10.3%	-2.8%
2024-10-31	954.5%	-9.1%	-2.9%
2025-10-16	74.7%	-92.2%	-94.4%

Share Price

Historical closing price with range controls. Table view includes quarter‑over‑quarter and year‑over‑year changes for additional context.

ARE Price

Date	Share Price	Price Change	QoQ Change	YoY Change
2015-12-29	$92.00	N/A	N/A	N/A
2016-03-29	$90.88	$-1.12	3.9%	N/A
2016-06-28	$99.86	+$8.98	0.0%	N/A
2016-09-28	$112.80	+$12.94	0.0%	3.9%
2016-12-28	$108.54	$-4.26	3.8%	3.8%
2017-03-29	$109.82	+$1.28	0.0%	3.8%
2017-06-28	$120.53	+$10.71	3.6%	7.5%
2017-09-28	$117.48	$-3.05	0.0%	3.6%
2017-12-28	$130.67	+$13.19	4.7%	8.4%
2018-03-28	$123.56	$-7.11	0.0%	4.7%
2018-06-28	$126.34	+$2.78	3.3%	8.1%
2018-09-27	$122.73	$-3.61	0.0%	3.3%
2018-12-28	$113.94	$-8.79	4.3%	7.8%
2019-03-28	$143.23	+$29.29	0.0%	4.3%
2019-06-27	$140.06	$-3.17	3.1%	7.5%
2019-09-27	$153.11	+$13.05	0.0%	3.1%
2019-12-30	$159.67	+$6.56	3.0%	6.2%
2020-03-30	$144.65	$-15.02	0.0%	3.0%
2020-06-29	$161.63	+$16.98	2.9%	6.0%
2020-09-29	$159.93	$-1.70	0.0%	2.9%
2020-12-30	$175.09	+$15.16	2.8%	5.8%
2021-03-30	$166.27	$-8.82	0.0%	2.8%
2021-06-29	$183.02	+$16.75	2.8%	5.7%
2021-09-29	$192.84	+$9.82	0.0%	2.8%
2021-12-30	$223.16	+$30.32	2.7%	5.5%
2022-03-30	$202.08	$-21.08	0.0%	2.7%
2022-06-29	$144.54	$-57.54	2.6%	5.4%
2022-09-29	$138.44	$-6.10	0.0%	2.6%
2022-12-29	$145.20	+$6.76	2.5%	5.2%
2023-03-30	$123.98	$-21.22	0.0%	2.5%
2023-06-29	$113.37	$-10.61	2.5%	5.1%
2023-09-28	$99.31	$-14.06	0.0%	2.5%
2023-12-28	$128.90	+$29.59	2.4%	5.0%
2024-03-27	$127.68	$-1.22	0.0%	2.4%
2024-06-28	$116.97	$-10.71	2.4%	4.8%
2024-09-30	$118.75	+$1.78	0.0%	2.4%
2024-12-31	$97.55	$-21.20	1.5%	3.9%
2025-03-31	$92.51	$-5.04	0.0%	1.5%
2025-06-30	$72.63	$-19.88	0.0%	1.5%
2025-09-30	$83.34	+$10.71	0.0%	0.0%

Price to Earnings

ARE trades at a 262.0x price-to-earnings ratio. This elevated valuation suggests investors expect strong future growth.

2021-01-31	216.0x	N/A	Q-Est
2021-04-30	193.6x	-10.4%	Q-Est
2021-07-31	220.5x	+13.9%	Q-Est
2021-10-31	231.6x	+5.0%	Q-Est
2022-01-31	296.6x	+28.1%	Q-Est
2022-04-30	252.0x	-15.1%	Q-Est
2022-07-31	193.0x	-23.4%	Q-Est
2022-10-31	186.5x	-3.3%	Q-Est
2023-01-31	1,076.1x	+476.9%	Q-Est
2023-04-30	1,106.4x	+2.8%	Q-Est
2023-07-31	838.4x	-24.2%	Q-Est
2023-10-31	739.4x	-11.8%	Q-Est
2024-01-31	279.7x	-62.2%	Q-Est
2024-04-30	275.2x	-1.6%	Q-Est
2024-07-31	258.0x	-6.2%	Q-Est
2024-09-30	124.0x	-52.0%	Q
2024-10-31	262.0x	+111.3%	Q-Est

Price to Sales

ARE trades at a 16.3x price-to-sales ratio, providing insight into market valuation relative to revenue generation.

2021-01-31	57.6x	N/A	Q-Est
2021-04-30	51.6x	-10.4%	Q-Est
2021-07-31	58.8x	+13.9%	Q-Est
2021-10-31	61.7x	+5.0%	Q-Est
2022-01-31	58.8x	-4.7%	Q-Est
2022-04-30	50.0x	-15.1%	Q-Est
2022-07-31	38.3x	-23.4%	Q-Est
2022-10-31	37.0x	-3.3%	Q-Est
2023-01-31	34.5x	-6.8%	Q-Est
2023-04-30	35.4x	+2.8%	Q-Est
2023-07-31	26.9x	-24.2%	Q-Est
2023-10-31	23.7x	-11.8%	Q-Est
2024-01-31	27.8x	+17.3%	Q-Est
2024-04-30	27.3x	-1.6%	Q-Est
2024-07-31	25.6x	-6.2%	Q-Est
2024-09-30	25.8x	+0.6%	Q
2024-10-31	26.0x	+0.9%	Q-Est
2024-12-31	23.9x	-8.3%	Q
2025-03-31	21.9x	-8.1%	Q
2025-06-30	16.3x	-25.7%	Q

Revenue

ARE generated $0.8B in revenue. Revenue has grown by 44% over the period.

2021-01-31	$0.53B	N/A	Q-Est
2021-04-30	$0.53B	+0.0%	Q-Est
2021-07-31	$0.53B	+0.0%	Q-Est
2021-10-31	$0.53B	+0.0%	Q-Est
2022-01-31	$0.65B	+22.5%	Q-Est
2022-04-30	$0.65B	+0.0%	Q-Est
2022-07-31	$0.65B	+0.0%	Q-Est
2022-10-31	$0.65B	+0.0%	Q-Est
2023-01-31	$0.72B	+11.5%	Q-Est
2023-04-30	$0.72B	+0.0%	Q-Est
2023-07-31	$0.72B	+0.0%	Q-Est
2023-10-31	$0.72B	+0.0%	Q-Est
2024-01-31	$0.78B	+8.0%	Q-Est
2024-04-30	$0.78B	+0.0%	Q-Est
2024-07-31	$0.78B	+0.0%	Q-Est
2024-09-30	$0.79B	+1.6%	Q
2024-10-31	$0.78B	-1.6%	Q-Est
2024-12-31	$0.79B	+1.3%	Q
2025-03-31	$0.76B	-3.9%	Q
2025-06-30	$0.76B	+0.5%	Q

Net Income

ARE reported $-0.1B in net income. Net income has declined by 178% over the period.

2021-01-31	$0.14B	N/A	Q-Est
2021-04-30	$0.14B	+0.0%	Q-Est
2021-07-31	$0.14B	+0.0%	Q-Est
2021-10-31	$0.14B	+0.0%	Q-Est
2022-01-31	$0.13B	-8.9%	Q-Est
2022-04-30	$0.13B	+0.0%	Q-Est
2022-07-31	$0.13B	+0.0%	Q-Est
2022-10-31	$0.13B	+0.0%	Q-Est
2023-01-31	$0.02B	-82.0%	Q-Est
2023-04-30	$0.02B	+0.0%	Q-Est
2023-07-31	$0.02B	+0.0%	Q-Est
2023-10-31	$0.02B	+0.0%	Q-Est
2024-01-31	$0.08B	+234.9%	Q-Est
2024-04-30	$0.08B	+0.0%	Q-Est
2024-07-31	$0.08B	+0.0%	Q-Est
2024-09-30	$0.16B	+112.8%	Q
2024-10-31	$0.08B	-53.0%	Q-Est
2024-12-31	$-0.06B	-183.9%	Q
2025-03-31	$-0.01B	+82.1%	Q
2025-06-30	$-0.11B	-845.0%	Q

Revenue vs Net Income

ARE generated $0.8B in revenue with net income of $-0.1B, representing a -14.4% net profit margin.

2021-01-31	$0.53B	$0.14B	Q-Est
2021-04-30	$0.53B	$0.14B	Q-Est
2021-07-31	$0.53B	$0.14B	Q-Est
2021-10-31	$0.53B	$0.14B	Q-Est
2022-01-31	$0.65B	$0.13B	Q-Est
2022-04-30	$0.65B	$0.13B	Q-Est
2022-07-31	$0.65B	$0.13B	Q-Est
2022-10-31	$0.65B	$0.13B	Q-Est
2023-01-31	$0.72B	$0.02B	Q-Est
2023-04-30	$0.72B	$0.02B	Q-Est
2023-07-31	$0.72B	$0.02B	Q-Est
2023-10-31	$0.72B	$0.02B	Q-Est
2024-01-31	$0.78B	$0.08B	Q-Est
2024-04-30	$0.78B	$0.08B	Q-Est
2024-07-31	$0.78B	$0.08B	Q-Est
2024-09-30	$0.79B	$0.16B	Q
2024-10-31	$0.78B	$0.08B	Q-Est
2024-12-31	$0.79B	$-0.06B	Q
2025-03-31	$0.76B	$-0.01B	Q
2025-06-30	$0.76B	$-0.11B	Q

Gross Profit

ARE achieved $0.6B in gross profit, showing revenue after direct production costs.

2021-01-31	$0.37B	N/A	Q-Est
2021-04-30	$0.36B	-3.6%	Q-Est
2021-07-31	$0.36B	-0.7%	Q-Est
2021-10-31	$0.35B	-3.6%	Q-Est
2022-01-31	$0.45B	+29.9%	Q-Est
2022-04-30	$0.46B	+1.5%	Q-Est
2022-07-31	$0.42B	-7.1%	Q-Est
2022-10-31	$0.47B	+10.9%	Q-Est
2023-01-31	$0.59B	+25.4%	Q-Est
2023-04-30	$0.55B	-6.2%	Q-Est
2023-07-31	$0.60B	+8.0%	Q-Est
2023-10-31	$0.55B	-7.5%	Q-Est
2024-01-31	$0.64B	+15.9%	Q-Est
2024-04-30	$0.65B	+1.1%	Q-Est
2024-07-31	$0.64B	-1.5%	Q-Est
2024-09-30	$0.62B	-2.3%	Q-Est
2024-10-31	$0.65B	+3.8%	Q-Est
2024-12-31	$0.59B	-8.1%	Q-Est
2025-03-31	$0.59B	-0.6%	Q-Est
2025-06-30	$0.57B	-3.0%	Q-Est

Operating Income

ARE generated $0.3B in operating income, representing profit from core business operations.

2021-01-31	$0.18B	N/A	Q-Est
2021-04-30	$0.18B	+0.0%	Q-Est
2021-07-31	$0.18B	+0.0%	Q-Est
2021-10-31	$0.18B	+0.0%	Q-Est
2022-01-31	$0.23B	+22.5%	Q-Est
2022-04-30	$0.23B	+0.0%	Q-Est
2022-07-31	$0.23B	+0.0%	Q-Est
2022-10-31	$0.23B	+0.0%	Q-Est
2023-01-31	$0.25B	+11.5%	Q-Est
2023-04-30	$0.25B	+0.0%	Q-Est
2023-07-31	$0.25B	+0.0%	Q-Est
2023-10-31	$0.25B	+0.0%	Q-Est
2024-01-31	$0.27B	+8.0%	Q-Est
2024-04-30	$0.27B	+0.0%	Q-Est
2024-07-31	$0.27B	+0.0%	Q-Est
2024-09-30	$0.28B	+1.6%	Q-Est
2024-10-31	$0.27B	-1.6%	Q-Est
2024-12-31	$0.28B	+1.3%	Q-Est
2025-03-31	$0.27B	-3.9%	Q-Est
2025-06-30	$0.27B	+0.5%	Q-Est

EBITDA

ARE generated $0.3B in EBITDA, measuring operational profitability before interest, taxes, depreciation, and amortization.

2021-01-31	$0.21B	N/A	Q-Est
2021-04-30	$0.21B	+0.0%	Q-Est
2021-07-31	$0.21B	+0.0%	Q-Est
2021-10-31	$0.21B	+0.0%	Q-Est
2022-01-31	$0.26B	+22.5%	Q-Est
2022-04-30	$0.26B	+0.0%	Q-Est
2022-07-31	$0.26B	+0.0%	Q-Est
2022-10-31	$0.26B	+0.0%	Q-Est
2023-01-31	$0.29B	+11.5%	Q-Est
2023-04-30	$0.29B	+0.0%	Q-Est
2023-07-31	$0.29B	+0.0%	Q-Est
2023-10-31	$0.29B	+0.0%	Q-Est
2024-01-31	$0.31B	+8.0%	Q-Est
2024-04-30	$0.31B	+0.0%	Q-Est
2024-07-31	$0.31B	+0.0%	Q-Est
2024-09-30	$0.32B	+1.6%	Q-Est
2024-10-31	$0.31B	-1.6%	Q-Est
2024-12-31	$0.32B	+1.3%	Q-Est
2025-03-31	$0.31B	-3.9%	Q-Est
2025-06-30	$0.31B	+0.5%	Q-Est

Operating Cash Flow

ARE generated $-0.1B in operating cash flow, demonstrating the company’s ability to convert earnings into cash.

2021-01-31	$0.16B	N/A	Q-Est
2021-04-30	$0.16B	+0.0%	Q-Est
2021-07-31	$0.16B	+0.0%	Q-Est
2021-10-31	$0.16B	+0.0%	Q-Est
2022-01-31	$0.15B	-8.9%	Q-Est
2022-04-30	$0.15B	+0.0%	Q-Est
2022-07-31	$0.15B	+0.0%	Q-Est
2022-10-31	$0.15B	+0.0%	Q-Est
2023-01-31	$0.03B	-82.0%	Q-Est
2023-04-30	$0.03B	+0.0%	Q-Est
2023-07-31	$0.03B	+0.0%	Q-Est
2023-10-31	$0.03B	+0.0%	Q-Est
2024-01-31	$0.09B	+234.9%	Q-Est
2024-04-30	$0.09B	+0.0%	Q-Est
2024-07-31	$0.09B	+0.0%	Q-Est
2024-09-30	$0.19B	+112.8%	Q-Est
2024-10-31	$0.09B	-53.0%	Q-Est
2024-12-31	$-0.07B	-183.9%	Q-Est
2025-03-31	$-0.01B	+82.1%	Q-Est
2025-06-30	$-0.13B	-845.0%	Q-Est

Free Cash Flow

ARE generated $-0.2B in free cash flow. Free cash flow has decreased by 206% over the period.

2021-01-31	$0.14B	N/A	Q-Est
2021-04-30	$0.14B	+0.0%	Q-Est
2021-07-31	$0.14B	+0.0%	Q-Est
2021-10-31	$0.14B	+0.0%	Q-Est
2022-01-31	$0.12B	-12.9%	Q-Est
2022-04-30	$0.12B	+0.0%	Q-Est
2022-07-31	$0.12B	+0.0%	Q-Est
2022-10-31	$0.12B	+0.0%	Q-Est
2023-01-31	$0.00B	-98.9%	Q-Est
2023-04-30	$0.00B	+0.0%	Q-Est
2023-07-31	$0.00B	+0.0%	Q-Est
2023-10-31	$0.00B	+0.0%	Q-Est
2024-01-31	$0.06B	+4,549.0%	Q-Est
2024-04-30	$0.06B	+0.0%	Q-Est
2024-07-31	$0.06B	+0.0%	Q-Est
2024-09-30	$0.16B	+161.9%	Q-Est
2024-10-31	$0.06B	-61.8%	Q-Est
2024-12-31	$-0.10B	-265.7%	Q-Est
2025-03-31	$-0.04B	+61.0%	Q-Est
2025-06-30	$-0.15B	-283.0%	Q-Est

Free Cash Flow / Share

ARE generates $-0.89 in free cash flow per share. FCF per share has declined by 206% over the period.

2021-01-31	$0.84	N/A	Q-Est
2021-04-30	$0.84	+0.0%	Q-Est
2021-07-31	$0.84	+0.0%	Q-Est
2021-10-31	$0.84	+0.0%	Q-Est
2022-01-31	$0.73	-12.9%	Q-Est
2022-04-30	$0.73	+0.0%	Q-Est
2022-07-31	$0.73	+0.0%	Q-Est
2022-10-31	$0.73	+0.0%	Q-Est
2023-01-31	$0.01	-98.9%	Q-Est
2023-04-30	$0.01	+0.0%	Q-Est
2023-07-31	$0.01	+0.0%	Q-Est
2023-10-31	$0.01	+0.0%	Q-Est
2024-01-31	$0.36	+4,549.0%	Q-Est
2024-04-30	$0.36	+0.0%	Q-Est
2024-07-31	$0.36	+0.0%	Q-Est
2024-09-30	$0.95	+161.9%	Q-Est
2024-10-31	$0.36	-61.8%	Q-Est
2024-12-31	$-0.60	-265.7%	Q-Est
2025-03-31	$-0.23	+61.0%	Q-Est
2025-06-30	$-0.89	-283.0%	Q-Est

Earnings Per Share (EPS)

ARE reported $-0.64 in earnings per share. EPS has declined by 178% over the period.

2021-01-31	$0.83	N/A	Q-Est
2021-04-30	$0.83	+0.0%	Q-Est
2021-07-31	$0.83	+0.0%	Q-Est
2021-10-31	$0.83	+0.0%	Q-Est
2022-01-31	$0.75	-8.9%	Q-Est
2022-04-30	$0.75	+0.0%	Q-Est
2022-07-31	$0.75	+0.0%	Q-Est
2022-10-31	$0.75	+0.0%	Q-Est
2023-01-31	$0.14	-82.0%	Q-Est
2023-04-30	$0.14	+0.0%	Q-Est
2023-07-31	$0.14	+0.0%	Q-Est
2023-10-31	$0.14	+0.0%	Q-Est
2024-01-31	$0.45	+234.9%	Q-Est
2024-04-30	$0.45	+0.0%	Q-Est
2024-07-31	$0.45	+0.0%	Q-Est
2024-09-30	$0.96	+112.8%	Q
2024-10-31	$0.45	-53.0%	Q-Est
2024-12-31	$-0.38	-183.9%	Q
2025-03-31	$-0.07	+82.1%	Q
2025-06-30	$-0.64	-845.0%	Q

Return on Equity (ROE)

ARE delivered a -12.0% return on equity, indicating how effectively the company generates returns for shareholders.

2021-01-31	22.2%	N/A	Q-Est
2021-04-30	22.2%	+0.0%	Q-Est
2021-07-31	22.2%	+0.0%	Q-Est
2021-10-31	22.2%	+0.0%	Q-Est
2022-01-31	16.5%	-25.6%	Q-Est
2022-04-30	16.5%	+0.0%	Q-Est
2022-07-31	16.5%	+0.0%	Q-Est
2022-10-31	16.5%	+0.0%	Q-Est
2023-01-31	2.7%	-83.8%	Q-Est
2023-04-30	2.7%	+0.0%	Q-Est
2023-07-31	2.7%	+0.0%	Q-Est
2023-10-31	2.7%	+0.0%	Q-Est
2024-01-31	8.3%	+210.1%	Q-Est
2024-04-30	8.3%	+0.0%	Q-Est
2024-07-31	8.3%	+0.0%	Q-Est
2024-09-30	17.3%	+109.4%	Q-Est
2024-10-31	8.3%	-52.2%	Q-Est
2024-12-31	-6.9%	-182.9%	Q-Est
2025-03-31	-1.3%	+81.5%	Q-Est
2025-06-30	-12.0%	-844.1%	Q-Est

Return on Assets (ROA)

ARE achieved a -7.2% return on assets, measuring how efficiently the company uses its assets to generate profit.

2021-01-31	13.3%	N/A	Q-Est
2021-04-30	13.3%	+0.0%	Q-Est
2021-07-31	13.3%	+0.0%	Q-Est
2021-10-31	13.3%	+0.0%	Q-Est
2022-01-31	9.9%	-25.6%	Q-Est
2022-04-30	9.9%	+0.0%	Q-Est
2022-07-31	9.9%	+0.0%	Q-Est
2022-10-31	9.9%	+0.0%	Q-Est
2023-01-31	1.6%	-83.9%	Q-Est
2023-04-30	1.6%	+0.0%	Q-Est
2023-07-31	1.6%	+0.0%	Q-Est
2023-10-31	1.6%	+0.0%	Q-Est
2024-01-31	5.0%	+210.6%	Q-Est
2024-04-30	5.0%	+0.0%	Q-Est
2024-07-31	5.0%	+0.0%	Q-Est
2024-09-30	10.4%	+109.3%	Q-Est
2024-10-31	5.0%	-52.2%	Q-Est
2024-12-31	-4.1%	-182.7%	Q-Est
2025-03-31	-0.8%	+81.5%	Q-Est
2025-06-30	-7.2%	-846.1%	Q-Est

Net Profit Margin

ARE maintains a -14.4% net profit margin, showing the percentage of revenue retained as profit after all expenses.

2021-01-31	26.6%	N/A	Q-Est
2021-04-30	26.6%	+0.0%	Q-Est
2021-07-31	26.6%	+0.0%	Q-Est
2021-10-31	26.6%	+0.0%	Q-Est
2022-01-31	19.8%	-25.6%	Q-Est
2022-04-30	19.8%	+0.0%	Q-Est
2022-07-31	19.8%	+0.0%	Q-Est
2022-10-31	19.8%	+0.0%	Q-Est
2023-01-31	3.2%	-83.8%	Q-Est
2023-04-30	3.2%	+0.0%	Q-Est
2023-07-31	3.2%	+0.0%	Q-Est
2023-10-31	3.2%	+0.0%	Q-Est
2024-01-31	9.9%	+210.1%	Q-Est
2024-04-30	9.9%	+0.0%	Q-Est
2024-07-31	9.9%	+0.0%	Q-Est
2024-09-30	20.8%	+109.4%	Q
2024-10-31	9.9%	-52.3%	Q-Est
2024-12-31	-8.2%	-182.8%	Q
2025-03-31	-1.5%	+81.4%	Q
2025-06-30	-14.4%	-840.2%	Q

Gross Profit Margin

ARE operates with a 75.1% gross profit margin, reflecting pricing power and cost efficiency in core operations.

2021-01-31	70.8%	N/A	Q-Est
2021-04-30	68.3%	-3.6%	Q-Est
2021-07-31	67.8%	-0.7%	Q-Est
2021-10-31	65.4%	-3.6%	Q-Est
2022-01-31	69.4%	+6.1%	Q-Est
2022-04-30	70.5%	+1.5%	Q-Est
2022-07-31	65.4%	-7.1%	Q-Est
2022-10-31	72.6%	+10.9%	Q-Est
2023-01-31	81.7%	+12.5%	Q-Est
2023-04-30	76.5%	-6.2%	Q-Est
2023-07-31	82.7%	+8.0%	Q-Est
2023-10-31	76.4%	-7.5%	Q-Est
2024-01-31	82.0%	+7.3%	Q-Est
2024-04-30	82.9%	+1.1%	Q-Est
2024-07-31	81.7%	-1.5%	Q-Est
2024-09-30	78.5%	-3.8%	Q
2024-10-31	82.9%	+5.5%	Q-Est
2024-12-31	75.2%	-9.3%	Q
2025-03-31	77.8%	+3.5%	Q
2025-06-30	75.1%	-3.5%	Q

Cash & Debt

ARE holds $0.1B in cash against $0.0B in debt, resulting in a net cash position of $0.1B.

2021-01-31	$0.08B	$0.03B	$0.05B	Q-Est
2021-04-30	$0.08B	$0.03B	$0.05B	Q-Est
2021-07-31	$0.08B	$0.03B	$0.05B	Q-Est
2021-10-31	$0.08B	$0.03B	$0.05B	Q-Est
2022-01-31	$0.10B	$0.03B	$0.06B	Q-Est
2022-04-30	$0.10B	$0.03B	$0.06B	Q-Est
2022-07-31	$0.10B	$0.03B	$0.06B	Q-Est
2022-10-31	$0.10B	$0.03B	$0.06B	Q-Est
2023-01-31	$0.11B	$0.04B	$0.07B	Q-Est
2023-04-30	$0.11B	$0.04B	$0.07B	Q-Est
2023-07-31	$0.11B	$0.04B	$0.07B	Q-Est
2023-10-31	$0.11B	$0.04B	$0.07B	Q-Est
2024-01-31	$0.12B	$0.04B	$0.08B	Q-Est
2024-04-30	$0.12B	$0.04B	$0.08B	Q-Est
2024-07-31	$0.12B	$0.04B	$0.08B	Q-Est
2024-09-30	$0.12B	$0.04B	$0.08B	Q-Est
2024-10-31	$0.12B	$0.04B	$0.08B	Q-Est
2024-12-31	$0.12B	$0.04B	$0.08B	Q-Est
2025-03-31	$0.11B	$0.04B	$0.08B	Q-Est
2025-06-30	$0.11B	$0.04B	$0.08B	Q-Est

Shares Outstanding

ARE has 0.2B shares outstanding.

2021-01-31	0.17B	N/A	Q-Est
2021-04-30	0.17B	+0.0%	Q-Est
2021-07-31	0.17B	+0.0%	Q-Est
2021-10-31	0.17B	+0.0%	Q-Est
2022-01-31	0.17B	+0.0%	Q-Est
2022-04-30	0.17B	+0.0%	Q-Est
2022-07-31	0.17B	+0.0%	Q-Est
2022-10-31	0.17B	+0.0%	Q-Est
2023-01-31	0.17B	+0.0%	Q-Est
2023-04-30	0.17B	+0.0%	Q-Est
2023-07-31	0.17B	+0.0%	Q-Est
2023-10-31	0.17B	+0.0%	Q-Est
2024-01-31	0.17B	+0.0%	Q-Est
2024-04-30	0.17B	+0.0%	Q-Est
2024-07-31	0.17B	+0.0%	Q-Est
2024-09-30	0.17B	+0.0%	Q-Est
2024-10-31	0.17B	+0.0%	Q-Est
2024-12-31	0.17B	+0.0%	Q-Est
2025-03-31	0.17B	+0.0%	Q-Est
2025-06-30	0.17B	+0.0%	Q-Est

Stock-Based Comp

ARE reported $0.0B in stock-based compensation. Over the period, stock-based compensation has increased by 44%.

2021-01-31	$0.01B	N/A	Q-Est
2021-04-30	$0.01B	+0.0%	Q-Est
2021-07-31	$0.01B	+0.0%	Q-Est
2021-10-31	$0.01B	+0.0%	Q-Est
2022-01-31	$0.02B	+22.5%	Q-Est
2022-04-30	$0.02B	+0.0%	Q-Est
2022-07-31	$0.02B	+0.0%	Q-Est
2022-10-31	$0.02B	+0.0%	Q-Est
2023-01-31	$0.02B	+11.5%	Q-Est
2023-04-30	$0.02B	+0.0%	Q-Est
2023-07-31	$0.02B	+0.0%	Q-Est
2023-10-31	$0.02B	+0.0%	Q-Est
2024-01-31	$0.02B	+8.0%	Q-Est
2024-04-30	$0.02B	+0.0%	Q-Est
2024-07-31	$0.02B	+0.0%	Q-Est
2024-09-30	$0.02B	+1.6%	Q-Est
2024-10-31	$0.02B	-1.6%	Q-Est
2024-12-31	$0.02B	+1.3%	Q-Est
2025-03-31	$0.02B	-3.9%	Q-Est
2025-06-30	$0.02B	+0.5%	Q-Est

FCF vs Stock Based Comp

ARE generated $-0.2B in free cash flow while spending $0.0B on stock-based compensation, representing -12% of FCF.

2021-01-31	$0.14B	$0.01B	Q-Est
2021-04-30	$0.14B	$0.01B	Q-Est
2021-07-31	$0.14B	$0.01B	Q-Est
2021-10-31	$0.14B	$0.01B	Q-Est
2022-01-31	$0.12B	$0.02B	Q-Est
2022-04-30	$0.12B	$0.02B	Q-Est
2022-07-31	$0.12B	$0.02B	Q-Est
2022-10-31	$0.12B	$0.02B	Q-Est
2023-01-31	$0.00B	$0.02B	Q-Est
2023-04-30	$0.00B	$0.02B	Q-Est
2023-07-31	$0.00B	$0.02B	Q-Est
2023-10-31	$0.00B	$0.02B	Q-Est
2024-01-31	$0.06B	$0.02B	Q-Est
2024-04-30	$0.06B	$0.02B	Q-Est
2024-07-31	$0.06B	$0.02B	Q-Est
2024-09-30	$0.16B	$0.02B	Q-Est
2024-10-31	$0.06B	$0.02B	Q-Est
2024-12-31	$-0.10B	$0.02B	Q-Est
2025-03-31	$-0.04B	$0.02B	Q-Est
2025-06-30	$-0.15B	$0.02B	Q-Est

FCF vs FCF / Share

ARE reported $-0.2B in free cash flow, translating to $-0.89 per share.

2021-01-31	$0.14B	$0.84	Q-Est
2021-04-30	$0.14B	$0.84	Q-Est
2021-07-31	$0.14B	$0.84	Q-Est
2021-10-31	$0.14B	$0.84	Q-Est
2022-01-31	$0.12B	$0.73	Q-Est
2022-04-30	$0.12B	$0.73	Q-Est
2022-07-31	$0.12B	$0.73	Q-Est
2022-10-31	$0.12B	$0.73	Q-Est
2023-01-31	$0.00B	$0.01	Q-Est
2023-04-30	$0.00B	$0.01	Q-Est
2023-07-31	$0.00B	$0.01	Q-Est
2023-10-31	$0.00B	$0.01	Q-Est
2024-01-31	$0.06B	$0.36	Q-Est
2024-04-30	$0.06B	$0.36	Q-Est
2024-07-31	$0.06B	$0.36	Q-Est
2024-09-30	$0.16B	$0.95	Q-Est
2024-10-31	$0.06B	$0.36	Q-Est
2024-12-31	$-0.10B	$-0.60	Q-Est
2025-03-31	$-0.04B	$-0.23	Q-Est
2025-06-30	$-0.15B	$-0.89	Q-Est

Revenue: Actual + Estimates

This chart tracks ARE revenue: actual + estimates metrics over time, providing insights into the company’s financial performance and trends.

2024-01-31	$0.78B	Actual	Q-Est
2024-01-31	$0.76B	Estimate	Q-Est
2024-04-30	$0.78B	Actual	Q-Est
2024-04-30	$0.76B	Estimate	Q-Est
2024-07-31	$0.78B	Actual	Q-Est
2024-07-31	$0.76B	Estimate	Q-Est
2024-09-30	$0.79B	Actual	Q
2024-09-30	$0.78B	Estimate	Q
2024-10-31	$0.78B	Actual	Q-Est
2024-10-31	$0.76B	Estimate	Q-Est
2024-12-31	$0.79B	Actual	Q
2024-12-31	$0.77B	Estimate	Q
2025-03-31	$0.76B	Actual	Q
2025-03-31	$0.74B	Estimate	Q
2025-06-30	$0.76B	Actual	Q
2025-06-30	$0.75B	Estimate	Q
2025-09-30	$0.78B	Projection	F
2025-12-30	$0.80B	Projection	F
2026-03-30	$0.81B	Projection	F
2026-06-30	$0.83B	Projection	F

EPS: Actual + Estimates

This chart tracks ARE eps: actual + estimates metrics over time, providing insights into the company’s financial performance and trends.

2024-01-31	$0.45	Actual	Q-Est
2024-01-31	$0.43	Estimate	Q-Est
2024-04-30	$0.45	Actual	Q-Est
2024-04-30	$0.43	Estimate	Q-Est
2024-07-31	$0.45	Actual	Q-Est
2024-07-31	$0.92	Estimate	Q-Est
2024-09-30	$0.45	Actual	Q-Est
2024-09-30	$0.92	Estimate	Q-Est
2024-10-31	$0.96	Actual	Q
2024-10-31	$0.92	Estimate	Q
2024-12-31	$0.45	Actual	Q-Est
2024-12-31	$0.90	Estimate	Q-Est
2025-03-31	$0.90	Estimate	Q
2025-06-30	$0.63	Estimate	Q
2025-09-30	$0.47	Projection	F
2025-12-30	$0.50	Projection	F
2026-03-30	$0.52	Projection	F
2026-06-30	$0.55	Projection	F

Net Income: Actual + Estimates

This chart tracks ARE net income: actual + estimates metrics over time, providing insights into the company’s financial performance and trends.

2024-01-31	$0.08B	Actual	Q-Est
2024-01-31	$0.07B	Estimate	Q-Est
2024-04-30	$0.08B	Actual	Q-Est
2024-04-30	$0.07B	Estimate	Q-Est
2024-07-31	$0.08B	Actual	Q-Est
2024-07-31	$0.16B	Estimate	Q-Est
2024-09-30	$0.08B	Actual	Q-Est
2024-09-30	$0.16B	Estimate	Q-Est
2024-10-31	$0.16B	Actual	Q
2024-10-31	$0.16B	Estimate	Q
2024-12-31	$0.08B	Actual	Q-Est
2024-12-31	$0.15B	Estimate	Q-Est
2025-03-31	$0.15B	Estimate	Q
2025-06-30	$0.11B	Estimate	Q
2025-09-30	$0.08B	Projection	F
2025-12-30	$0.09B	Projection	F
2026-03-30	$0.09B	Projection	F
2026-06-30	$0.09B	Projection	F

EBITDA: Actual + Estimates

This chart tracks ARE ebitda: actual + estimates metrics over time, providing insights into the company’s financial performance and trends.

2024-01-31	$0.31B	Actual	Q-Est
2024-01-31	$0.31B	Estimate	Q-Est
2024-04-30	$0.31B	Actual	Q-Est
2024-04-30	$0.31B	Estimate	Q-Est
2024-07-31	$0.31B	Actual	Q-Est
2024-07-31	$0.31B	Estimate	Q-Est
2024-09-30	$0.31B	Actual	Q
2024-09-30	$0.31B	Estimate	Q
2024-10-31	$0.32B	Actual	Q-Est
2024-10-31	$0.31B	Estimate	Q-Est
2024-12-31	$0.31B	Actual	Q
2024-12-31	$0.31B	Estimate	Q
2025-03-31	$0.32B	Actual	Q
2025-03-31	$0.30B	Estimate	Q
2025-06-30	$0.31B	Actual	Q
2025-06-30	$0.30B	Estimate	Q
2025-09-30	$0.31B	Projection	F
2025-12-30	$0.32B	Projection	F
2026-03-30	$0.33B	Projection	F
2026-06-30	$0.33B	Projection	F

Disclaimer: The information on this page is for educational and entertainment purposes only and does not constitute financial advice. Do your own research and consult a qualified financial advisor before making investment decisions. Data sources include Yahoo Finance and other third-party providers and may contain errors or delays.

ARE – Dividend Returns, History & Calculator

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EPS: Actual + Estimates

Net Income: Actual + Estimates

EBITDA: Actual + Estimates

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