AGNC Investment Corp. (AGNCM) vs Alexandria Real Estate Equities, Inc. (ARE)
A side-by-side comparison of AGNC Investment Corp. and Alexandria Real Estate Equities, Inc. across valuation, profitability, dividends, and growth — built entirely from reported fundamentals, as of October 6, 2026. Differences are shown without an overall score or investment verdict.
Total return — AGNCM vs ARE
growth of $100 · dividends reinvested · last 8yAGNCM vs ARE: by the numbers
- •AGNCM is the larger company ($8.81B vs $8.11B market cap).
- •AGNCM is profitable (71.98% net margin) while ARE runs a net loss (-30.57%).
- •ARE grew revenue faster over the past five years (8.23% vs 0.29% CAGR).
- •AGNCM pays the higher dividend yield (8.63% vs 7.59%).
Metrics side by side
Valuation
| Metric | AGNCM | ARE |
|---|---|---|
| Forward P/E | 15.74 | 30.83 |
| P/S ratio | 2.85 | 2.74 |
| P/B ratio | 0.83 | 0.52 |
| FCF yield | N/A | 10.80% |
For REITs like Alexandria Real Estate Equities, Inc., GAAP P/E is distorted: heavy non-cash property depreciation depresses reported earnings and overstates the multiple. Real-estate companies are valued on funds from operations (FFO / AFFO) and price-to-FFO — see the Funds From Operations section. The P/E is shown for reference only.
Profitability
| Metric | AGNCM | ARE |
|---|---|---|
| Gross margin | N/A | 69.46% |
| Operating margin | 236.30% | -45.72% |
| Net margin | 71.98% | -30.57% |
| ROE | 17.72% | -5.81% |
| ROIC | N/A | -4.23% |
AGNC Investment Corp.: Gross margin is not shown for a lender or insurer: its revenue is interest, premiums and fees rather than the sale of goods, so there is no cost of goods sold to measure it against.
Dividends
| Metric | AGNCM | ARE |
|---|---|---|
| Dividend yield | 8.63% | 7.59% |
Alexandria Real Estate Equities, Inc.'s payout ratio is measured against GAAP earnings, which non-cash depreciation depresses for REITs — the dividend is conventionally assessed against funds from operations (FFO / AFFO) instead, so the GAAP figure overstates the payout burden.
Growth (annualized)
| Metric | AGNCM | ARE |
|---|---|---|
| Revenue CAGR (5Y) | 0.29% | 8.23% |
| EPS CAGR (5Y) | 4.14% | N/A |
| Total return CAGR (5Y) | 8.43% | -21.37% |
Frequently asked
- Which has grown faster, AGNCM or ARE?
- Over the past five years, ARE grew revenue faster — AGNCM at a 0.29% CAGR versus ARE at 8.23%.
- Does AGNCM or ARE pay a bigger dividend?
- AGNCM yields 8.63% and ARE yields 7.59% based on trailing dividends and the latest price.
- Is AGNCM or ARE more profitable?
- AGNCM runs the higher net margin — AGNCM at 71.98% versus ARE at -30.57%.
- How have AGNCM and ARE total returns compared?
- Over the past 5 years, AGNCM delivered 8.43% and ARE delivered -21.37% annualized total return. Past performance doesn't predict future results.
Go deeper
Dig into the metrics
AGNC Investment & Alexandria Real Estate Equities appear in these rankings
Figures are sourced from reported fundamentals and the latest end-of-day price. This comparison is informational only and is not investment advice. Past performance does not predict future results. See our methodology. Compiled by TGMCharts Research · data verified October 6, 2026.