Alexandria Real Estate Equities, Inc. (ARE) vs CoStar Group, Inc. (CSGP)
A side-by-side comparison of Alexandria Real Estate Equities, Inc. and CoStar Group, Inc. across valuation, profitability, dividends, and growth — built entirely from reported fundamentals, as of September 13, 2026. Differences are shown without an overall score or investment verdict.
Total return — ARE vs CSGP
growth of $100 · dividends reinvested · last 10yARE vs CSGP: by the numbers
- •CSGP is the larger company ($11.66B vs $9.38B market cap).
- •CSGP is profitable (2.08% net margin) while ARE runs a net loss (-30.57%).
- •CSGP grew revenue faster over the past five years (14.49% vs 8.23% CAGR).
- •ARE pays a dividend (6.80% yield), while CSGP has no payments in the available dividend history.
Metrics side by side
Valuation
| Metric | ARE | CSGP |
|---|---|---|
| P/E ratio | N/A | 156.70 |
| Forward P/E | 35.52 | N/A |
| P/S ratio | 3.17 | 3.28 |
| P/B ratio | 0.60 | 1.47 |
| EV / EBITDA | N/A | 29.11 |
| FCF yield | 9.34% | 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.
For REITs like CoStar Group, 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 | CSGP |
|---|---|---|
| Gross margin | 69.46% | 76.48% |
| Operating margin | -45.72% | 2.18% |
| Net margin | -30.57% | 2.08% |
| ROE | -5.81% | 0.93% |
| ROIC | -4.23% | 0.60% |
Dividends
| Metric | ARE | CSGP |
|---|---|---|
| Dividend yield | 6.80% | N/A |
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.
CoStar Group, 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 | CSGP |
|---|---|---|
| Revenue CAGR (5Y) | 8.23% | 14.49% |
| EPS CAGR (5Y) | N/A | -51.09% |
| FCF CAGR (5Y) | 9.89% | -5.28% |
| Total return CAGR (5Y) | -20.40% | -19.50% |
Frequently asked
- Which has grown faster, ARE or CSGP?
- Over the past five years, CSGP grew revenue faster — ARE at a 8.23% CAGR versus CSGP at 14.49%.
- Does ARE or CSGP pay a bigger dividend?
- ARE pays a dividend (6.80% yield), while CSGP has no payments in the available dividend history.
- Is ARE or CSGP more profitable?
- CSGP runs the higher net margin — ARE at -30.57% versus CSGP at 2.08%.
- How have ARE and CSGP total returns compared?
- Over the past 10 years, ARE delivered -3.64% and CSGP delivered 4.00% annualized total return. Past performance doesn't predict future results.
Go deeper
Dig into the metrics
Alexandria Real Estate Equities & CoStar 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 September 13, 2026.