Alexandria Real Estate Equities, Inc. (ARE) vs Opendoor Technologies Inc. (OPEN)
A side-by-side comparison of Alexandria Real Estate Equities, Inc. and Opendoor Technologies Inc. across valuation, profitability, dividends, and growth — built entirely from reported fundamentals, as of September 3, 2026. Differences are shown without an overall score or investment verdict.
Total return — ARE vs OPEN
growth of $100 · dividends reinvested · last 6yARE vs OPEN: by the numbers
- •ARE is the larger company ($9.18B vs $3.02B market cap).
- •Both run net losses; ARE's is the smaller (-30.57% vs -46.74% net margin).
- •ARE grew revenue faster over the past five years (8.23% vs 5.24% CAGR).
- •ARE pays a dividend (6.60% yield), while OPEN has no payments in the available dividend history.
Metrics side by side
Valuation
| Metric | ARE | OPEN |
|---|---|---|
| Forward P/E | 34.77 | N/A |
| P/S ratio | 3.36 | 0.92 |
| P/B ratio | 0.64 | 3.27 |
| FCF yield | 8.82% | 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 Opendoor Technologies 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 | OPEN |
|---|---|---|
| Gross margin | 69.46% | 8.30% |
| Operating margin | -45.72% | -6.25% |
| Net margin | -30.57% | -46.74% |
| ROE | -5.81% | -166.41% |
| ROIC | -4.46% | -26.19% |
Dividends
| Metric | ARE | OPEN |
|---|---|---|
| Dividend yield | 6.60% | 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.
Opendoor Technologies 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 | OPEN |
|---|---|---|
| Revenue CAGR (5Y) | 8.23% | 5.24% |
| FCF CAGR (5Y) | 9.89% | 9.49% |
| Total return CAGR (5Y) | -20.61% | -30.14% |
Frequently asked
- Which has grown faster, ARE or OPEN?
- Over the past five years, ARE grew revenue faster — ARE at a 8.23% CAGR versus OPEN at 5.24%.
- Does ARE or OPEN pay a bigger dividend?
- ARE pays a dividend (6.60% yield), while OPEN has no payments in the available dividend history.
- How have ARE and OPEN total returns compared?
- Over the past 5 years, ARE delivered -3.84% and OPEN delivered -30.14% annualized total return. Past performance doesn't predict future results.
Go deeper
Dig into the metrics
Alexandria Real Estate Equities & Opendoor Technologies 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 3, 2026.