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A high Debt-to-EBITDA ratio generally means that a company may spend more time to paying off its debt. According to Joel Tillinghast's BIG MONEY THINKS SMALL: Biases, Blind Spots, and Smarter Investing, a ratio of Debt-to-EBITDA exceeding four is usually considered scary unless tangible assets cover the debt.
The historical rank and industry rank for Alexandria Real Estate Equities's Debt-to-EBITDA or its related term are showing as below:
MEX:ARE'
s Debt-to-EBITDA Range Over the Past 10 Years
Min: 4.66 Med: 6.36 Max: 35.4
Current: 18.47
During the past 13 years, the highest Debt-to-EBITDA Ratio of Alexandria Real Estate Equities was 35.40. The lowest was 4.66. And the median was 6.36.
MEX:ARE's Debt-to-EBITDA is ranked worse than 92.51% of 574
companies
in the REITs industry
Industry Median: 6.545
vs MEX:ARE: 18.47
Alexandria Real Estate Equities (MEX:ARE) Debt-to-EBITDA Explanation
A high Debt-to-EBITDA ratio generally means that a company may spend more time to paying off its debt.
According to Joel Tillinghast's BIG MONEY THINKS SMALL: Biases, Blind Spots, and Smarter Investing, a ratio of Debt-to-EBITDA exceeding four is usually considered scary unless tangible assets cover the debt.
Alexandria Real Estate Equities Debt-to-EBITDA Related Terms
Alexandria Real Estate Equities Debt-to-EBITDA Historical Data
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Alexandria Real Estate Equities Debt-to-EBITDA Chart
MEX:ARE vs VNO, BXP, CUZ: Debt-to-EBITDA Comparison
For the REIT - Office subindustry, Alexandria Real Estate Equities's Debt-to-EBITDA, along with its competitors' market caps and Debt-to-EBITDA data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Alexandria Real Estate Equities Debt-to-EBITDA vs REITs Industry
For the REITs industry and Real Estate sector, Alexandria Real Estate Equities's Debt-to-EBITDA distribution charts can be found below:
* The bar in red indicates where Alexandria Real Estate Equities's Debt-to-EBITDA falls into.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
In the calculation of annual Debt-to-EBITDA, the EBITDA of the last fiscal year is used. In calculating the annualized quarterly data,
the EBITDA data used here is four times the quarterly (Mar. 2026) EBITDA data.
Alexandria Real Estate Equities (MEX:ARE) has a Debt-to-EBITDA of 4.19 as of Mar. 2026. Debt-to-EBITDA ratio represents the ratio of total debt to total earnings before interest, taxes, depreciation and amortization. View historical data on Alexandria Real Estate Equities. This is 34% below median its historical median of 6.36. Over the past decade, Alexandria Real Estate Equities' Debt-to-EBITDA has ranged from 4.66 to 35.40. According to the industry distribution chart, Alexandria Real Estate Equities ranks #531 out of 574 companies in the REITs industry, placing it in the top 92.5%.
Is Alexandria Real Estate Equities' Debt-to-EBITDA too high?
Alexandria Real Estate Equities' current Debt-to-EBITDA of 4.19 is 34% below median its 10-year median of 6.36. Over the past 10 years, this metric has ranged from a low of 4.66 to a high of 35.40. The REITs industry median Debt-to-EBITDA is 6.55. Alexandria Real Estate Equities' value of 4.19 is 36% below this industry median. Based on the distribution chart, Alexandria Real Estate Equities ranks #531 out of 574 companies in the REITs industry, which is in the bottom quartile relative to peers. Overall, Alexandria Real Estate Equities has a GF Score™ of 46/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Alexandria Real Estate Equities' Debt-to-EBITDA compare to VNO and BXP?
According to the REITs industry distribution chart, Alexandria Real Estate Equities ranks #531 out of 574 companies for Debt-to-EBITDA. This places Alexandria Real Estate Equities in the lower half of its industry. The industry median Debt-to-EBITDA is 6.55. Alexandria Real Estate Equities' value of 4.19 is 36% below this benchmark. Historically, Alexandria Real Estate Equities' own Debt-to-EBITDA has ranged from 4.66 to 35.40 over the past decade. While the company's 10-year median is 6.36 vs. the industry median of 6.55, Alexandria Real Estate Equities has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Debt-to-EBITDA for a REITs company?
The median Debt-to-EBITDA among REITs companies is 6.55, based on 574 companies in the industry. Companies in the top quartile (top 25%) have a Debt-to-EBITDA significantly above this median, while those in the bottom quartile fall well below. However, Debt-to-EBITDA should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Alexandria Real Estate Equities's current Debt-to-EBITDA of 4.19 is 36% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Debt-to-EBITDA mean?
A high Debt-to-EBITDA can signal that a stock is expensive relative to its fundamentals. Debt-to-EBITDA ratio represents the ratio of total debt to total earnings before interest, taxes, depreciation and amortization. View historical data on Alexandria Real Estate Equities. For the REITs industry, the median Debt-to-EBITDA is 6.55 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Alexandria Real Estate Equities's current Debt-to-EBITDA is 4.19, which is 34% below median its own 10-year median of 6.36. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Alexandria Real Estate Equities stock overvalued right now?
Based on GuruFocus' analysis, Alexandria Real Estate Equities (MEX:ARE) is currently considered Possible Value Trap. The stock's GF Value™ is MXN1,931.35, compared to a current price of MXN800.00 — trading 58.6% below its estimated fair value. The current Debt-to-EBITDA is 4.19, which is 34% below median its 10-year median of 6.36 and 36% below the REITs industry median of 6.55. Alexandria Real Estate Equities' overall GF Score™ is 46/100 with 9 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Debt-to-EBITDA calculated?
Debt-to-EBITDA is calculated from a company's financial statements. For Alexandria Real Estate Equities (MEX:ARE), the current Debt-to-EBITDA is 4.19 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Alexandria Real Estate Equities (MEX:ARE) Overvalued in 2026?
Based on GuruFocus' analysis, Alexandria Real Estate Equities stock appears to be undervalued.
The current stock price of MXN800.00 is trading 58.6% below its estimated GF Value™ of MXN1,931.35.
GuruFocus considers Alexandria Real Estate Equities to be Possible Value Trap.
Key valuation signals for MEX:ARE:
Debt-to-EBITDA: 4.19 (34% below median its 10-year median of 6.36)
GF Value™: MXN1,931.35 vs. price of MXN800.00 (58.6% below fair value)
Industry Position: 36% below the REITs median (#531 of 574)
No single metric tells the full story. See the MEX:ARE stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Alexandria Real Estate Equities Business Description
Alexandria Real Estate Equities Inc is an urban office real estate investment trust (REIT). It is engaged in the business of providing space for lease to life science, agtech, and technology tenants. The company has established a market presence in key locations, including Greater Boston, the San Francisco Bay Area, New York City, San Diego, Seattle, Maryland, and Research Triangle, Texas, and Canada. The Company is a life science real estate investment trust focused on developing, redeveloping, and operating properties that provide space for lease to tenants in the life science industry.
46GF Score
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