Alexandria Real Estate Equities, Inc. (ARE) vs Kohl's Corporation (KSS)

A side-by-side comparison of Alexandria Real Estate Equities, Inc. and Kohl's Corporation across valuation, profitability, dividends, and growth — built entirely from reported fundamentals, as of September 10, 2026. Differences are shown without an overall score or investment verdict.

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Different business models: ARE is classified in Real Estate; KSS is classified in Consumer Cyclical. Margin, capital intensity, and valuation differences should be interpreted in that sector context.

Total returnARE vs KSS

growth of $100 · dividends reinvested · last 10y
ARE -31.9% (-3.8%/yr)KSS -35.0% (-4.2%/yr)ARE compounded faster over this window
50100150200250Start $10020182020202220242026$68$65
ARE KSS

ARE vs KSS: by the numbers

  • ARE is the larger company ($8.91B vs $1.95B market cap).
  • KSS is profitable (1.75% net margin) while ARE runs a net loss (-30.57%).
  • ARE grew revenue faster over the past five years (8.23% vs -3.51% CAGR).
  • ARE pays the higher dividend yield (7.02% vs 2.98%).

Metrics side by side

Valuation

MetricAREKSS
P/E ratioN/A7.43
Forward P/E33.738.32
P/S ratio3.010.13
P/B ratio0.570.47
EV / EBITDAN/A5.84
FCF yield9.83%50.57%

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

MetricAREKSS
Gross margin69.46%38.92%
Operating margin-45.72%3.86%
Net margin-30.57%1.75%
ROE-5.81%6.48%
ROIC-4.23%4.52%

Dividends

MetricAREKSS
Dividend yield7.02%2.98%
Payout ratioN/A21.56%

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)

MetricAREKSS
Revenue CAGR (5Y)8.23%-3.51%
EPS CAGR (5Y)N/A-9.42%
FCF CAGR (5Y)9.89%-16.24%
Total return CAGR (5Y)-20.91%-15.00%

Frequently asked

Which has grown faster, ARE or KSS?
Over the past five years, ARE grew revenue faster — ARE at a 8.23% CAGR versus KSS at -3.51%.
Does ARE or KSS pay a bigger dividend?
ARE yields 7.02% and KSS yields 2.98% based on trailing dividends and the latest price.
Is ARE or KSS more profitable?
KSS runs the higher net margin — ARE at -30.57% versus KSS at 1.75%.
How have ARE and KSS total returns compared?
Over the past 10 years, ARE delivered -3.94% and KSS delivered -4.15% annualized total return. Past performance doesn't predict future results.

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 10, 2026.