Alexandria Real Estate Equities (MEX:ARE) EBIT: MXN-11,144 Mil (TTM As of Mar. 2026)


MEX:ARE Alexandria Real Estate Equities Inc MEX:ARE
50 GF Score
Price MXN905.00
GF Value MXN1,692.14
Valuation Possible Value Trap
! 9 Warning Signs
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What is Alexandria Real Estate Equities EBIT?

Alexandria Real Estate Equities MEX:ARE 50 EBIT is MXN-11,144 Mil as of Mar. 2026. GuruFocus rates MEX:ARE with a GF Score™ of 50/100 and a GF Value™ of MXN1,692.14 (Possible Value Trap). The stock has 9 warning signs investors should review.

Alexandria Real Estate Equities's earnings before interest and taxes (EBIT) for the three months ended in Mar. 2026 was MXN8,348 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2026 was MXN-11,144 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Alexandria Real Estate Equities's annualized ROC % for the quarter that ended in Mar. 2026 was 1.02%. Alexandria Real Estate Equities's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 168.88%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Alexandria Real Estate Equities's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was -2.56%.


Alexandria Real Estate Equities  (MEX:ARE) EBIT Explanation

1. EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition.

Alexandria Real Estate Equities's annualized ROC % for the quarter that ended in Mar. 2026 is calculated as:

ROC % (Q: Mar. 2026 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Dec. 2025 ) + Invested Capital (Q: Mar. 2026 ))/ count )
=6401.248 * ( 1 - 0% )/( (618882.324 + 640860.32)/ 2 )
=6401.248/629871.322
=1.02 %

where

Invested Capital(Q: Dec. 2025 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
=613667.297 - 17162.799 - ( 9886.246 - max(0, 39299.241 - 16921.415+9886.246))
=618882.324

Invested Capital(Q: Mar. 2026 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
=616130.42 - 13351.213 - ( 7550.652 - max(0, 53284.717 - 15203.604+7550.652))
=640860.32

Note: The Operating Income data used here is four times the quarterly (Mar. 2026) data.

2. Joel Greenblatt's definition of Return on Capital:

Alexandria Real Estate Equities's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 is calculated as:

ROC (Joel Greenblatt) %(Q: Mar. 2026 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Dec. 2025  Q: Mar. 2026
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=33393.748/( ( (19850.33 + max(-31613.292, 0)) + (19697.515 + max(-26979.227, 0)) )/ 2 )
=33393.748/( ( 19850.33 + 19697.515 )/ 2 )
=33393.748/19773.9225
=168.88 %

where Working Capital is:

Working Capital(Q: Dec. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(120.134 + 0 + 1206.904) - (17162.799 + 15777.531 + 0)
=-31613.292

Working Capital(Q: Mar. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(132.757 + 0 + 1756.71) - (13351.213 + 15517.481 + -7.2759576141834E-12)
=-26979.227

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Mar. 2026) EBIT data.

3. It is also linked to Joel Greenblatt's definition of Earnings Yield:

Alexandria Real Estate Equities's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Mar. 2026 )
=-11143.984/435327.593
=-2.56 %

* 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 EBIT Related Terms


Alexandria Real Estate Equities EBIT Historical Data

* Premium members only.

The historical data trend for Alexandria Real Estate Equities's EBIT can be seen below:

* 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 EBIT Chart

Alexandria Real Estate Equities Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only 16,338.31 14,912.57 6,029.22 14,527.48 -17,826.15

Alexandria Real Estate Equities Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
EBIT Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1,831.79 -129.79 -2,623.09 -16,739.54 8,348.44

MEX:ARE vs BXP, VNO, CUZ: EBIT Comparison

For the REIT - Office subindustry, Alexandria Real Estate Equities's EV-to-EBIT, along with its competitors' market caps and EV-to-EBIT 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 EV-to-EBIT vs REITs Industry

For the REITs industry and Real Estate sector, Alexandria Real Estate Equities's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Alexandria Real Estate Equities's EV-to-EBIT falls into.


MEX:ARE
50GF Score
Alexandria Real Estate Equities Inc MEX:ARE
EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
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Alexandria Real Estate Equities EBIT Calculation

EBIT, sometimes also called Earnings Before Interest and Taxes, is a measure of a firm's profit that includes all expenses except interest and income tax expenses. It is the difference between operating revenues and operating expenses. When a firm does not have non-operating income, then Operating Income is sometimes used as a synonym for EBIT and operating profit.

EBIT for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was MXN-11,144 Mil.

* 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.

Frequently Asked Questions Learn more about EBIT →
What does a EBIT of MXN-11,144 Mil mean?
Alexandria Real Estate Equities (MEX:ARE) has a EBIT of MXN-11,144 Mil as of Mar. 2026. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on Alexandria Real Estate Equities.
Is Alexandria Real Estate Equities' EBIT too high?
Alexandria Real Estate Equities' current EBIT is MXN-11,144 Mil. Overall, Alexandria Real Estate Equities has a GF Score™ of 50/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Alexandria Real Estate Equities' EBIT compare to BXP and VNO?
Alexandria Real Estate Equities' EBIT of MXN-11,144 Mil can be compared against companies in the REITs industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good EBIT for a REITs company?
A good EBIT depends on the REITs industry context. However, EBIT should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high EBIT mean?
A high EBIT can signal that a stock is expensive relative to its fundamentals. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on Alexandria Real Estate Equities. Alexandria Real Estate Equities's current EBIT is MXN-11,144 Mil. 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 MXN1,692.14, compared to a current price of MXN905.00 — trading 46.5% below its estimated fair value. The current EBIT is MXN-11,144 Mil. Alexandria Real Estate Equities' overall GF Score™ is 50/100 with 9 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EBIT calculated?
EBIT is calculated from a company's financial statements. For Alexandria Real Estate Equities (MEX:ARE), the current EBIT is MXN-11,144 Mil 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 MXN905.00 is trading 46.5% below its estimated GF Value™ of MXN1,692.14. GuruFocus considers Alexandria Real Estate Equities to be Possible Value Trap.

Key valuation signals for MEX:ARE:

  • EBIT: MXN-11,144 Mil
  • GF Value™: MXN1,692.14 vs. price of MXN905.00 (46.5% below fair value)
  • GF Score™: 50/100 with 9 warning signs

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

Industry Real EstateREITs
Address 26 North Euclid Avenue, Pasadena, CA, USA, 91101
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.
50GF Score

Get the complete analysis for MEX:ARE

EBIT is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

MXN905.00
Price
MXN1,692.14
GF Value