Alexandria Real Estate Equities Inc.
Income Statement
| Line Item | FY2018 | FY2017 | FY2016 | FY2015 | FY2014 | FY2013 | FY2012 | FY2011 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $1.33B | $1.13B | $921.7M | $843.5M | $726.9M | $631.2M | $574.5M | $536.8M |
| Rental income | $1.01B | $863.2M | $673.8M | — | — | — | — | — |
| Tenant recoveries | $304.1M | $259.1M | $223.7M | — | — | — | — | — |
| Other income | $12.7M | $5.8M | $24.2M | — | — | — | — | — |
| Cost of Revenue | — | — | — | — | — | — | — | — |
| Gross Profit | — | — | — | — | — | — | — | — |
| Gross Margin | — | — | — | — | — | — | — | — |
| Operating Expenses | ||||||||
| Research & Development | — | — | — | — | — | — | — | — |
| SG&A Expense | $90.4M | $75.0M | $63.9M | $59.6M | $53.5M | $48.5M | $47.7M | $41.1M |
| Operating Income | $213.3M | $178.4M | $-53.4M | $132.1M | $98.6M | $134.5M | $94.8M | $117.3M |
| Operating Margin | 16.1% | 15.8% | -5.8% | 15.7% | 13.6% | 21.3% | 16.5% | 21.8% |
| Interest Expense | $157.5M | $128.6M | $107.0M | $105.8M | $79.3M | $68.0M | $69.2M | $63.4M |
| Pretax Income | — | — | — | — | — | — | — | — |
| Income Tax Expense | — | — | — | — | — | — | — | — |
| Net Income | $379.3M | $169.1M | $-65.9M | $144.2M | $101.6M | $136.2M | $93.3M | $113.3M |
| Net Margin | 28.6% | 15.0% | -7.1% | 17.1% | 14.0% | 21.6% | 16.2% | 21.1% |
| EPS (Basic) | $3.53 | $1.59 | $-1.99 | $1.63 | $1.01 | $1.60 | $1.09 | $1.73 |
| EPS (Diluted) | $3.52 | $1.58 | $-1.99 | $1.63 | $1.01 | $1.60 | $1.09 | $1.73 |
| Shares Outstanding (Basic) | 103.0M | 91.5M | 76.1M | 71.5M | 71.2M | 71.2M | 62.2M | 59.1M |
| Shares Outstanding (Diluted) | 103.3M | 92.1M | 76.1M | 71.5M | 71.2M | 71.2M | 62.2M | 59.1M |
| Dividends Per Share | $3.73 | $3.45 | — | — | — | — | — | — |