ARE vs IIPR
ARE: Alexandria Real Estate Equities is the pioneer and leading owner/developer of specialized laboratory and office space for the life science industry, clustered in high-growth innovation hubs. IIPR: A REIT that owns specialized industrial properties leased to licensed cannabis operators, diversifying into life science sector investments as cannabis market dynamics weigh on traditional operations.
Side-by-side fundamentals
| Metric | ARE | IIPR | Edge |
|---|---|---|---|
| Price as of 2026-07-23 close | $50.12 | $61.27 | |
| Market cap as of 2026-07-24 | $8.7B | $1.8B | |
| P/E as of 2026-07-24 | n/a | 14.80 | |
| Net margin as of 2026-07-24 | -36.3% | +45.6% | IIPR higher |
| Gross margin as of 2026-07-24 | +69.3% | +88.5% | IIPR higher |
| Operating margin as of 2026-07-24 | -45.3% | +46.8% | IIPR higher |
| ROE as of 2026-07-24 | -6.5% | +6.4% | IIPR higher |
| ROA as of 2026-07-24 | -3.0% | +5.1% | IIPR higher |
| Debt / equity as of 2026-07-24 | 0.80 | 0.19 | IIPR lower |
| Revenue growth (YoY) as of 2026-07-24 | -9.5% | -13.6% | ARE higher |
| Revenue CAGR (3y) SEC XBRL | n/a | -1.3% | |
| Dividend yield as of 2026-07-24 | +5.8% | +12.2% | IIPR higher |
| Dividend streak (yrs) SEC XBRL | 1 | 5 | IIPR higher |
| Beta as of 2026-07-24 | 1.18 | 1.40 | |
| 1-year return as of 2026-07-23 close | -38.5% | +11.7% | IIPR higher |
Fundamentals: Finnhub, as of 2026-07-24. Filings: SEC EDGAR. Prices are delayed daily-close data.
Last updated 2026-07-23.
Informational only — NOT financial advice. All figures are delayed daily-close data from SEC EDGAR & Finnhub, shown with their as-of date; "Edge" cells are a pure numeric comparison, not a recommendation.