Percent change in each close since the start of the chosen range, for both companies and the S&P 500 (SPY). Daily closes over the last year, weekly before that and monthly before five years.
In short
How the two compare
On the latest closes (28 Oct 2026), BXP, Inc. is the larger company by market value ($9.82B against $6.95B). Over the past year Alexandria Real Estate Equities returned −46.5% and BXP, Inc. −14.6%, while the S&P 500 returned +12.7%. The operating margin is -148.7% for Alexandria Real Estate Equities and -2% for BXP, Inc. Over the next 21 sessions the model expects +0.53% for Alexandria Real Estate Equities, with a 67% chance of a rise, and −0.2% for BXP, Inc., with a 46% chance.
Model view
What the model expects
Expected returns and the chance of a rise from our forecasting models, and the long-run fair value against the price. Readings, not advice.
Model readings:
MeasureAlexandria Real Estate Equities · AREBXP, Inc. · BXP
Expected returnnext 21 sessions
ARE+0.53%
BXP−0.2%
Chance of a risenext 21 sessions
ARE67%
BXP46%
Expected returnnext 63 sessions
ARE+3.96%
BXP+0.78%
Range of outcomes63 sessions, 80% band
ARE−21% to +28.9%
BXP−16.7% to +18.2%
Chance of a risenext 63 sessionsMembers only · see plans
Long-run fair valueintrinsic value model
ARE—The model's fair value falls outside its own interval or at the gap clamp, so it is not a measurement.
BXP—The model's fair value falls outside its own interval or at the gap clamp, so it is not a measurement.
Gap to pricefair value against the close
ARE—The model's fair value falls outside its own interval or at the gap clamp, so it is not a measurement.
BXP—The model's fair value falls outside its own interval or at the gap clamp, so it is not a measurement.
Past readings that matchedsign of the 21-session outcome
ARE50.6%of 269
BXP40.1%of 269
Price performance
How the prices moved
Price change over each period, with the S&P 500 (SPY) for comparison.
Closes to
MeasureAlexandria Real Estate Equities · AREBXP, Inc. · BXP
1 monthS&P 500: +1.1%
ARE−16.4%
BXP+0.8%
6 monthsS&P 500: +8.5%
ARE−1.5%
BXP+7.9%
Year to dateS&P 500: +13.3%
ARE−16.1%
BXP−6.7%
1 yearS&P 500: +12.7%
ARE−46.5%
BXP−14.6%
5 yearsS&P 500: +70.7%
ARE−75.9%
BXP−33.6%
1 year against the S&P 500percentage points
ARE−59.2 pts
BXP−27.3 pts
Position in the 52-week range0% low, 100% high
ARE6%close $39.91 in $38.34 to $66.82
BXP49%close $61.48 in $48.54 to $74.94
Against the 200-day average
ARE−18.6%
BXP+0.1%
Valuation
What the market pays
Size and the multiples from the latest filed quarter. A P/E on losses reads n/m.
Filings: quarter to (ARE), (BXP)
MeasureAlexandria Real Estate Equities · AREBXP, Inc. · BXP
Market value
ARE$6.95B28 Oct 2026
BXP$9.82B28 Oct 2026
Enterprise valueat the last filing
ARE$20.65B30 Sep 2026
BXP$10.84B30 Jun 2026
P/Elatest filed
AREn/mA P/E on negative earnings is not a multiple.
BXP41.3
Price to book
ARE0.45
BXP1.37
EV / EBITDA
ARE-8.79
BXP5.84
Free cash flow yield
ARE14.37%
BXP10.78%
Dividend yield
ARE7.08%
BXP5.15%
Profitability
How much of revenue becomes profit
Margins and returns on capital from the latest filing; revenue, net income and earnings per share over the trailing twelve months.
Filings: quarter to (ARE), (BXP)
MeasureAlexandria Real Estate Equities · AREBXP, Inc. · BXP
Gross margin
ARE—Not in the latest filing data.
BXP60.1%
Operating margin
ARE−148.7%
BXP−2%
Net margin
ARE−95%
BXP7.7%
Return on equity
ARE−10%
BXP3.3%
Return on invested capital
ARE−2.4%
BXP−0.2%
Revenuetrailing twelve months
ARE$2.95B
BXP$3.51B
Net incometrailing twelve months
ARE—Not derived for a year of losses.
BXP$256.39M
Earnings per sharetrailing twelve months
ARE—Not derived for a year of losses.
BXP$1.61
Growth
How fast the business grew
Change against the same quarter a year earlier.
Filings: quarter to (ARE), (BXP)
MeasureAlexandria Real Estate Equities · AREBXP, Inc. · BXP
Revenue growthyear over year
ARE−10.7%
BXP+3.1%
Earnings growthyear over year
ARE−174%
BXP−22.9%
Free cash flow growthyear over year
ARE−20.5%
BXP+25.9%
Financial health
Balance sheet and quality scores
Leverage, liquidity and two published scores: Altman Z (below 1.8 the distress zone, above 3 the safe zone) and Piotroski F (0 to 9).
Filings: quarter to (ARE), (BXP)
MeasureAlexandria Real Estate Equities · AREBXP, Inc. · BXP
Debt to equity
ARE0.70
BXP0.10
Current ratiocurrent assets over current liabilities
ARE—Not in the latest filing data.
BXP—Not in the latest filing data.
Altman Z-score
ARE0.24
BXP0.30
Piotroski F-scoreout of 9
ARE4 of 9
BXP5 of 9
Trading and risk
How the shares trade
Volatility, sensitivity to the market, the deepest fall, short interest and how closely the two move together.
Closes to ; FINRA settlement
MeasureAlexandria Real Estate Equities · AREBXP, Inc. · BXP
Volatility21 sessions, annualised
ARE39.9%
BXP30.4%
Betaagainst the S&P 500, 5 years
ARE1.02
BXP1.00
Deepest fallpeak to trough, 5 years
ARE−77.9%
BXP−62.6%
Market regimeour reading at each model date
AREStrong risk-off
BXPStrong risk-off
Short interestshare of the float
ARE4.6%settled 30 Sep 2026
BXP7.9%settled 30 Sep 2026
Days to covershort shares over average volume
ARE3.8
BXP7.6
Average volume3 months, shares a day
ARE2.21M
BXP1.34M
Moving togethercorrelation of daily returns, past year0.52, often together−1 opposite0 unrelated+1 together
Questions
Alexandria Real Estate Equities or BXP, Inc.: common questions
Which is larger by market value, Alexandria Real Estate Equities or BXP, Inc.?
BXP, Inc., at $9.82B against $6.95B for Alexandria Real Estate Equities, on the latest closes (28 Oct 2026).
Which has the higher P/E ratio, Alexandria Real Estate Equities or BXP, Inc.?
BXP, Inc.'s latest filed P/E is 41.3; Alexandria Real Estate Equities reported losses, so its P/E is not meaningful (n/m). Filings: quarter to 30 Sep 2026 and 30 Jun 2026.
How did Alexandria Real Estate Equities and BXP, Inc. move over the past year against the S&P 500?
Over the past year Alexandria Real Estate Equities returned −46.5% and BXP, Inc. −14.6%, while the S&P 500 returned +12.7%. Prices at close 28 Oct 2026.
What does the model expect for Alexandria Real Estate Equities and BXP, Inc. over the next month?
+0.53% for Alexandria Real Estate Equities with a 67% chance of a rise, and −0.2% for BXP, Inc. with a 46% chance, over the next 21 sessions. Model readings 28 Oct 2026. These are model readings, not advice.
How do the operating margins of Alexandria Real Estate Equities and BXP, Inc. compare?
The operating margin is -148.7% for Alexandria Real Estate Equities and -2% for BXP, Inc. Filings: quarter to 30 Sep 2026 and 30 Jun 2026.
Do Alexandria Real Estate Equities and BXP, Inc. shares move together?
Over the past year the correlation of their daily returns was 0.52 (often together); 1 means they always move together, 0 unrelated, −1 opposite. Prices at close 28 Oct 2026.
In the consoleCompare up to four companies with every model readingMembers see the 63-session chance of a rise and all four horizons, side by side in Research › Compare.
Model readings are research estimates, not investment advice. Prices: daily closes. Fundamentals: the latest SEC filings. Short interest: FINRA, settlement 30 Sep 2026. A dash means the figure is not in our data; it is never shown as zero. The model view follows a published rule: next month by the sign of the expected return, the long run positive at a fair value 10% or more above the price and negative at 10% or more below it.