Alexandria Real Estate Equities (MEX:ARE) EBIT : MXN11,759 Mil (TTM As of Sep. 2024)

View and export this data going back to 2017. Start your Free Trial

What is Alexandria Real Estate Equities EBIT?

Alexandria Real Estate Equities's earnings before interest and taxes (EBIT) for the three months ended in Sep. 2024 was MXN5,063 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Sep. 2024 was MXN11,759 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 Sep. 2024 was 2.21%. Alexandria Real Estate Equities's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2024 was 88.02%.

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 Sep. 2024 was 1.87%.

Alexandria Real Estate Equities EBIT Historical Data

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.

* Premium members only.

Alexandria Real Estate Equities EBIT Chart

Alexandria Real Estate Equities Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

EBIT

Get a 7-Day Free Trial

10,895.84

19,867.73

16,338.31

14,912.57

6,029.22

Alexandria Real Estate Equities Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
EBIT	Get a 7-Day Free Trial															1,387.68	-181.47	4,314.86	2,561.85	5,063.42

Competitive Comparison of Alexandria Real Estate Equities's EBIT

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's EV-to-EBIT Distribution in the 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.

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 Sep. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was MXN11,759 Mil.

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 Sep. 2024 is calculated as:

	ROC % (Q: Sep. 2024 )
=	NOPAT	/	Average Invested Capital
=	Operating Income * ( 1 - Tax Rate % )	/	( (Invested Capital (Q: Jun. 2024 )	+	Invested Capital (Q: Sep. 2024 ))	/ count )
=	16109.5 * ( 1 - 0% )	/	( (695278.449	+	765534.98)	/ 2 )
=	16109.5	/	730406.7145
=	2.21 %

where

	Invested Capital		(Q: Jun. 2024 )
=	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	))
=	693376.786	-	23353.35	-	( 10277.963	-	max(0, 37701.233	-	12446.22	+	10277.963	))
=	695278.449

	Invested Capital		(Q: Sep. 2024 )
=	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	))
=	757842.787	-	25267.282	-	( 11077.881	-	max(0, 47052.689	-	14093.214	+	11077.881	))
=	765534.98

Note: The Operating Income data used here is four times the quarterly (Sep. 2024) 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 Sep. 2024 is calculated as:

	ROC (Joel Greenblatt) %		(Q: Sep. 2024 )
=	EBIT	/	Average of (Net fixed Assets	+	Net Working Capital)
=	EBIT	/	Average of (Property, Plant and Equipment	+	Net Working Capital)
			Q: Jun. 2024		Q: Sep. 2024
=	EBIT	/	( ( (Property, Plant and Equipment + Net Working Capital)	+	(Property, Plant and Equipment + Net Working Capital) )	/	count )
=	20253.68	/	( ( (19858.112 + max(-32929.414, 0))	+	(26162.955 + max(-36224.659, 0)) )	/	2 )
=	20253.68	/	( ( 19858.112	+	26162.955 )	/	2 )
=	20253.68	/	23010.5335
=	88.02 %

where Working Capital is:

	Working Capital		(Q: Jun. 2024 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(124.98	+	0	+	991.026)	-	(23353.35	+	10692.07	+	0)
=	-32929.414

	Working Capital		(Q: Sep. 2024 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(137.438	+	0	+	1739.598)	-	(25267.282	+	12834.413	+	0)
=	-36224.659

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Sep. 2024) 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: Sep. 2024 )
	=	11758.655	/	628823.556
	=	1.87 %

Alexandria Real Estate Equities EBIT Related Terms

Thank you for viewing the detailed overview of Alexandria Real Estate Equities's EBIT provided by GuruFocus.com. Please click on the following links to see related term pages.

Alexandria Real Estate Equities Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Alexandria Real Estate Equities Inc (MEX:ARE) » Definitions » EBIT

Comparable Companies

Traded in Other Exchanges

ARE:USA 0HCH:UK A6W:Germany A1RE34:Brazil

Address

26 North Euclid Avenue, Pasadena, CA, USA, 91101

Website

https://www.are.com

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 significant market presence in key locations, including Greater Boston, the San Francisco Bay Area, New York City, San Diego, Seattle, Maryland, and Research Triangle. Alexandria has a longstanding and proven track record of developing Class A properties clustered in urban life science, agtech, and technology campuses that provide tenants with highly dynamic and collaborative environments. Alexandria also provides strategic capital to transformative life science, agtech, and technology companies through venture capital platform.