Alexandria Real Estate Equities, Inc. (ARE) vs Lineage, Inc. (LINE)
A side-by-side comparison of Alexandria Real Estate Equities, Inc. and Lineage, Inc. across valuation, profitability, dividends, and growth — built entirely from reported fundamentals, as of October 2, 2026. Differences are shown without an overall score or investment verdict.
Total return — ARE vs LINE
growth of $100 · dividends reinvested · last 2yARE vs LINE: by the numbers
- •ARE is the larger company ($8.32B vs $7.88B market cap).
- •Both run net losses; LINE's is the smaller (-3.15% vs -30.57% net margin).
- •ARE pays the higher dividend yield (7.40% vs 6.13%).
Metrics side by side
Valuation
| Metric | ARE | LINE |
|---|---|---|
| Forward P/E | 31.63 | N/A |
| P/S ratio | 2.82 | 1.47 |
| P/B ratio | 0.54 | 1.00 |
| EV / EBITDA | N/A | 13.19 |
| FCF yield | 10.52% | 3.10% |
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 Lineage, 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 | LINE |
|---|---|---|
| Gross margin | 69.46% | 10.97% |
| Operating margin | -45.72% | 5.03% |
| Net margin | -30.57% | -3.15% |
| ROE | -5.81% | -2.14% |
| ROIC | -4.23% | 1.56% |
Dividends
| Metric | ARE | LINE |
|---|---|---|
| Dividend yield | 7.40% | 6.13% |
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.
Lineage, 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 | LINE |
|---|---|---|
| Revenue CAGR (5Y) | 8.23% | N/A |
| Total return CAGR (5Y) | -21.13% | N/A |
Frequently asked
- Does ARE or LINE pay a bigger dividend?
- ARE yields 7.40% and LINE yields 6.13% based on trailing dividends and the latest price.
Go deeper
Dig into the metrics
Alexandria Real Estate Equities & Lineage 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 2, 2026.