Alexandria Real Estate Equities, Inc. (ARE) vs Brookfield Property Partners L.P. (BPYPP)
A side-by-side comparison of Alexandria Real Estate Equities, Inc. and Brookfield Property Partners L.P. across valuation, profitability, dividends, and growth — built entirely from reported fundamentals, as of October 5, 2026. Differences are shown without an overall score or investment verdict.
Total return — ARE vs BPYPP
growth of $100 · dividends reinvested · last 8yARE vs BPYPP: by the numbers
- •ARE is the larger company ($8.00B vs $6.42B market cap).
- •Both run net losses; BPYPP's is the smaller (-3.56% vs -30.57% net margin).
- •ARE grew revenue faster over the past five years (8.23% vs 2.40% CAGR).
- •BPYPP pays the higher dividend yield (10.62% vs 7.59%).
Metrics side by side
Valuation
| Metric | ARE | BPYPP |
|---|---|---|
| Forward P/E | 30.38 | 15.94 |
| P/S ratio | 2.70 | 0.90 |
| P/B ratio | 0.51 | 0.74 |
| EV / EBITDA | N/A | 15.48 |
| FCF yield | 10.96% | N/A |
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 | ARE | BPYPP |
|---|---|---|
| Gross margin | 69.46% | 52.31% |
| Operating margin | -45.72% | 35.48% |
| Net margin | -30.57% | -3.56% |
| ROE | -5.81% | -2.72% |
| ROIC | -4.23% | 1.37% |
Dividends
| Metric | ARE | BPYPP |
|---|---|---|
| Dividend yield | 7.59% | 10.62% |
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 | ARE | BPYPP |
|---|---|---|
| Revenue CAGR (5Y) | 8.23% | 2.40% |
| Total return CAGR (5Y) | -21.37% | -0.08% |
Frequently asked
- Which has grown faster, ARE or BPYPP?
- Over the past five years, ARE grew revenue faster — ARE at a 8.23% CAGR versus BPYPP at 2.40%.
- Does ARE or BPYPP pay a bigger dividend?
- ARE yields 7.59% and BPYPP yields 10.62% based on trailing dividends and the latest price.
- How have ARE and BPYPP total returns compared?
- Over the past 5 years, ARE delivered -21.37% and BPYPP delivered -0.08% annualized total return. Past performance doesn't predict future results.
Go deeper
Dig into the metrics
Alexandria Real Estate Equities & Brookfield Property Partners L.P. 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 5, 2026.