Alexandria Real Estate Equities Inc Cash Flow
Concept
Operating Cash Flow
Net Income
Depreciation & Amortization
Stock based compensation
Other non cash items
Change in working capital
Investing Cash Flow
Capital Expenditures
Financing Cash Flow
Dividends Paid
Payout Ratio
Share Issuance / Repurchase
Debt Issued / Paid
Other Investing Activities
End Cash Position
Changes in Cash
Beginning Cash Position
Free Cash Flow
2023
2022
2021
2020
2019
2018
2017
2016
2015
2014
2013
2012
2011
2010
2009
2008
2007
2006
2005
2004
2003
2002
2001
2000
1999
1998
1997
1996
1,631M
281M
1,000M
83M
-117M
2M
-3,470M
2,488M
674M
847M
302.44 %
11,535M
0M
262M
661M
-197M
858M
-858M
1,294M
671M
928M
58M
-239M
-123M
110M
6,185M
4,230M
758M
113.01 %
3,697M
1,536M
18,933M
858M
443M
415M
1,294M
1,010M
654M
821M
49M
-161M
-95M
388M
7,334M
5,916M
656M
100.23 %
36,226M
1,256M
1,787M
415M
-182M
598M
-6,324M
883M
827M
698M
44M
-147M
-70M
-9M
3,269M
2,750M
533M
64.37 %
27,937M
743M
171M
598M
355M
243M
-2,386M
684M
404M
545M
44M
-129M
-37M
18M
3,478M
2,927M
451M
111.7 %
-9M
306M
10,891M
243M
-29M
272M
684M
570M
403M
478M
35M
-108M
-56M
2M
1,944M
1,588M
386M
95.64 %
-14M
18M
5,635M
272M
-5M
277M
-1,374M
450M
194M
417M
26M
-118M
-56M
3M
1,554M
1,415M
322M
165.4 %
-148M
153M
5,042M
254M
129M
125M
-1,104M
393M
-50M
313M
25M
-46M
-43M
0M
1,437M
1,106M
263M
-530.77 %
-207M
291M
4,894M
125M
0M
125M
-1,044M
343M
146M
261M
18M
-43M
-31M
6M
683M
419M
243M
166.67 %
2,614M
170M
383M
125M
39M
86M
-341M
334M
107M
224M
14M
-37M
-16M
10M
544M
331M
228M
214 %
-14M
126M
5M
86M
28M
58M
-210M
313M
140M
191M
16M
-21M
-5M
18M
561M
198M
195M
139.32 %
0M
28M
1,236M
58M
-83M
141M
-249M
306M
106M
192M
14M
-21M
15M
-16M
555M
315M
154M
145.88 %
-5M
627M
1,388M
141M
62M
79M
-249M
247M
135M
158M
12M
-26M
-40M
0M
735M
479M
137M
100.87 %
2,758M
0M
-22M
79M
-13M
91M
-488M
219M
139M
127M
11M
-23M
-28M
-14M
717M
238M
100M
72.47 %
813M
-816M
-8M
91M
21M
71M
-498M
206M
142M
119M
14M
-14M
-47M
0M
446M
203M
119M
83.92 %
1,054M
0M
1M
71M
-1M
71M
-240M
233M
123M
109M
14M
-8M
9M
0M
549M
298M
126M
102.6 %
1,102M
0M
0M
71M
63M
8M
-316M
185M
94M
95M
11M
15M
1M
0M
950M
767M
103M
109.62 %
1,788M
0M
14M
8M
5M
3M
-765M
128M
73M
78M
0M
3M
-26M
0M
978M
841M
88M
119.44 %
0M
0M
2,654M
3M
-1M
4M
-850M
121M
63M
61M
0M
3M
-7M
0M
434M
313M
73M
115.1 %
0M
0M
862M
4M
1M
3M
-314M
68M
60M
45M
0M
1M
-38M
0M
451M
381M
58M
96.95 %
0M
0M
450M
3M
-2M
5M
-383M
75M
60M
41M
0M
-6M
-20M
0M
175M
66M
49M
82.58 %
0M
0M
122M
5M
1M
4M
-100M
67M
40M
36M
0M
8M
-17M
0M
213M
162M
41M
103.57 %
0M
0M
217M
4M
1M
2M
-146M
60M
30M
32M
0M
3M
-4M
0M
57M
131M
33M
108.02 %
0M
0M
176M
2M
0M
3M
3M
33M
26M
25M
0M
2M
-20M
0M
119M
99M
28M
109.04 %
0M
0M
160M
3M
-1M
3M
-86M
42M
22M
19M
0M
2M
0M
0M
110M
69M
24M
106.79 %
0M
0M
98M
3M
2M
2M
-68M
26M
19M
10M
0M
0M
-4M
0M
241M
220M
19M
98.73 %
0M
0M
241M
2M
-1M
2M
-215M
4M
-3M
5M
0M
4M
-2M
0M
88M
84M
10M
-351.43 %
0M
0M
177M
2M
0M
2M
-84M
-2M
2M
2M
0M
0M
-6M
0M
95M
97M
2M
73.33 %
0M
0M
104M
2M
1M
1M
-97M
Concept
Operating Cash Flow
Net Income
Depreciation & Amortization
Stock based compensation
Other non cash items
Change in working capital
Investing Cash Flow
Capital Expenditures
Financing Cash Flow
Dividends Paid
Payout Ratio
Share Issuance / Repurchase
Debt Issued / Paid
Other Investing Activities
End Cash Position
Changes in Cash
Beginning Cash Position
Free Cash Flow
4Q2023
3Q2023
2Q2023
1Q2023
4Q2022
3Q2022
2Q2022
1Q2022
4Q2021
3Q2021
2Q2021
1Q2021
4Q2020
3Q2020
2Q2020
1Q2020
4Q2019
3Q2019
2Q2019
1Q2019
4Q2018
3Q2018
2Q2018
1Q2018
4Q2017
3Q2017
2Q2017
1Q2017
4Q2016
3Q2016
2Q2016
1Q2016
4Q2015
3Q2015
2Q2015
1Q2015
4Q2014
3Q2014
2Q2014
1Q2014
4Q2013
3Q2013
2Q2013
1Q2013
4Q2012
3Q2012
2Q2012
1Q2012
4Q2011
3Q2011
2Q2011
1Q2011
4Q2010
3Q2010
2Q2010
1Q2010
4Q2009
3Q2009
2Q2009
1Q2009
4Q2008
3Q2008
2Q2008
1Q2008
4Q2007
3Q2007
2Q2007
1Q2007
4Q2006
3Q2006
2Q2006
1Q2006
4Q2005
3Q2005
2Q2005
1Q2005
4Q2004
3Q2004
2Q2004
1Q2004
4Q2003
3Q2003
2Q2003
1Q2003
4Q2002
3Q2002
2Q2002
1Q2002
4Q2001
3Q2001
2Q2001
1Q2001
4Q2000
3Q2000
2Q2000
1Q2000
4Q1999
3Q1999
2Q1999
1Q1999
4Q1998
3Q1998
2Q1998
1Q1998
4Q1997
3Q1997
2Q1997
1Q1997
429M
-43M
262M
35M
-37M
11M
-390M
391M
55M
214M
-500 %
8,409M
0M
55M
661M
93M
568M
37M
418M
68M
246M
16M
-25M
11M
-676M
644M
-134M
215M
315 %
-8M
17M
81M
568M
-393M
960M
-226M
478M
134M
227M
15M
-4M
73M
8M
402M
-422M
209M
157.69 %
149M
-357M
1,092M
960M
-338M
1,298M
76M
306M
122M
265M
16M
-6M
-92M
-1,040M
1,051M
1,175M
209M
171.83 %
16M
1,376M
2,159M
1,298M
440M
858M
306M
401M
95M
244M
12M
26M
24M
2M
1,361M
951M
194M
201.72 %
1,527M
-369M
3,011M
858M
-8M
866M
401M
363M
383M
201M
18M
-242M
4M
20M
1,264M
610M
193M
50.21 %
-18M
234M
4,636M
866M
349M
518M
363M
339M
309M
242M
14M
-211M
-16M
7M
990M
-84M
188M
60.42 %
148M
161M
1,255M
518M
-353M
870M
339M
191M
-117M
241M
14M
188M
-134M
81M
2,570M
2,753M
184M
-156.76 %
1,435M
1,510M
9,861M
870M
455M
415M
191M
250M
100M
239M
14M
-39M
-55M
439M
2,098M
1,474M
174M
172.31 %
10,531M
-471M
1,347M
415M
47M
368M
-1,849M
309M
124M
211M
10M
-45M
31M
30M
1,312M
999M
171M
137.8 %
9,560M
449M
228M
368M
10M
358M
-1,003M
240M
405M
190M
12M
-39M
-32M
-52M
1,613M
1,282M
161M
39.71 %
5,480M
299M
275M
358M
-177M
534M
-1,373M
212M
26M
181M
12M
-37M
-40M
-29M
2,311M
2,162M
151M
578.95 %
10,655M
978M
-63M
534M
-63M
598M
-2,099M
174M
457M
178M
11M
-35M
-61M
-7M
856M
352M
143M
31.29 %
4,721M
-250M
255M
598M
113M
485M
1,029M
315M
96M
177M
13M
-41M
19M
-31M
1,437M
1,396M
134M
139.47 %
12,867M
249M
-86M
485M
244M
242M
-1,121M
202M
244M
168M
9M
-35M
-11M
6M
570M
113M
130M
53.06 %
32M
217M
6,734M
242M
-247M
488M
202M
191M
31M
175M
10M
-35M
-17M
22M
856M
890M
126M
416 %
3,641M
527M
-23M
488M
246M
243M
-665M
178M
216M
141M
10M
-32M
-11M
20M
1,274M
902M
116M
53.72 %
9M
2M
3,209M
243M
-210M
453M
-1,095M
197M
-36M
136M
11M
-32M
18M
-11M
912M
916M
115M
-318.75 %
3,821M
2M
487M
453M
215M
238M
-714M
172M
87M
134M
11M
-32M
-8M
10M
633M
468M
111M
126.92 %
709M
2M
-19M
238M
-78M
316M
-461M
137M
137M
134M
11M
-33M
-36M
-1M
659M
641M
110M
80.49 %
-9M
301M
416M
316M
44M
272M
-523M
156M
-19M
125M
10M
-21M
-12M
5M
339M
281M
101M
-533.33 %
-14M
-207M
853M
272M
38M
234M
-183M
156M
219M
120M
10M
-23M
-8M
111M
485M
251M
99M
45.19 %
1,434M
9M
-16M
234M
-88M
322M
-329M
129M
61M
119M
8M
-26M
-24M
-60M
610M
605M
93M
154.24 %
2,336M
3M
-13M
322M
63M
259M
-481M
129M
142M
114M
7M
-37M
-11M
-53M
510M
451M
92M
65.25 %
1,041M
6M
-1M
259M
-18M
277M
-381M
94M
46M
108M
7M
-35M
-35M
8M
306M
466M
84M
182.61 %
148M
8M
1,713M
254M
136M
119M
-212M
135M
60M
108M
8M
-23M
-2M
-4M
334M
190M
82M
137.5 %
593M
28M
-14M
119M
-6M
125M
-199M
114M
41M
104M
6M
-21M
-16M
3M
480M
372M
79M
189.13 %
-130M
44M
971M
125M
-26M
151M
-366M
107M
48M
97M
5M
-39M
-3M
-3M
433M
387M
77M
162.96 %
-18M
73M
1,632M
151M
26M
125M
-326M
101M
20M
95M
6M
-21M
-13M
-55M
807M
648M
67M
345.45 %
-108M
76M
1,992M
125M
-33M
158M
-707M
120M
29M
77M
7M
-14M
14M
55M
283M
124M
68M
237.84 %
-39M
67M
22M
158M
-98M
256M
-163M
70M
-108M
70M
6M
0M
-44M
0M
187M
243M
65M
-60 %
-34M
84M
1,331M
256M
110M
146M
-116M
102M
10M
71M
5M
-10M
1M
0M
160M
91M
63M
614.29 %
-26M
65M
620M
146M
21M
125M
-58M
96M
43M
72M
5M
-11M
-1M
-1M
165M
117M
62M
145.76 %
1,134M
122M
454M
125M
49M
76M
-68M
95M
40M
68M
5M
-12M
0M
51M
247M
155M
62M
155.36 %
5M
5M
517M
76M
8M
69M
-152M
45M
38M
62M
4M
-12M
-46M
-6M
140M
79M
60M
153.7 %
5M
13M
711M
69M
-22M
91M
-96M
107M
25M
59M
4M
-8M
17M
-39M
131M
68M
60M
237.14 %
0M
30M
185M
91M
5M
86M
-24M
79M
-6M
58M
5M
-7M
-13M
3M
122M
101M
58M
-1025 %
-5M
18M
278M
86M
19M
67M
-43M
111M
36M
58M
3M
-9M
21M
6M
131M
98M
58M
164 %
0M
31M
973M
67M
5M
62M
-20M
71M
36M
57M
3M
-11M
-15M
1M
137M
25M
57M
156.86 %
18M
27M
303M
62M
-13M
75M
-66M
73M
41M
50M
3M
-10M
-9M
1M
154M
106M
55M
136.84 %
1M
51M
431M
75M
17M
58M
-81M
76M
44M
48M
4M
-6M
-9M
4M
189M
131M
55M
125.81 %
412M
2M
-3M
58M
4M
54M
-112M
93M
32M
49M
4M
-4M
12M
14M
176M
-170M
53M
163.04 %
17M
0M
-31M
54M
-248M
302M
-82M
96M
33M
47M
4M
-7M
20M
-2M
138M
268M
45M
134 %
535M
9M
1,172M
302M
215M
87M
-42M
47M
30M
47M
3M
-5M
-29M
2M
59M
-32M
42M
139.58 %
0M
17M
204M
87M
-54M
141M
-12M
78M
29M
48M
4M
-2M
3M
0M
185M
119M
40M
139.13 %
120M
0M
129M
141M
46M
95M
-107M
85M
18M
48M
4M
-5M
10M
0M
113M
48M
39M
217.24 %
94M
0M
-5M
95M
14M
81M
-28M
93M
26M
53M
3M
-5M
22M
0M
98M
77M
37M
145.24 %
37M
0M
187M
81M
4M
77M
191M
50M
33M
43M
3M
-9M
-20M
0M
141M
71M
37M
115.09 %
793M
0M
-21M
77M
-1M
79M
-91M
61M
35M
41M
3M
-10M
-11M
0M
127M
82M
37M
101.72 %
315M
0M
-2M
79M
5M
73M
-66M
74M
33M
40M
3M
-7M
1M
-2M
136M
62M
34M
101.85 %
-1M
-184M
276M
73M
12M
61M
-62M
66M
34M
40M
3M
-3M
-10M
-1M
388M
306M
33M
96.61 %
451M
-1,361M
1,704M
61M
-17M
78M
-322M
46M
33M
37M
2M
-7M
-20M
-5M
84M
30M
33M
101.69 %
0M
-398M
443M
78M
-13M
91M
-38M
57M
92M
35M
3M
-52M
-7M
0M
360M
17M
27M
29.94 %
13M
0M
1M
91M
-20M
111M
-302M
41M
30M
32M
3M
36M
-21M
0M
138M
136M
28M
91.8 %
342M
0M
527M
111M
38M
73M
-97M
70M
-12M
30M
3M
-3M
8M
0M
123M
54M
22M
-177.78 %
0M
0M
181M
73M
2M
71M
-53M
51M
29M
30M
3M
-4M
-8M
0M
96M
30M
24M
81.82 %
0M
0M
82M
71M
0M
71M
-45M
22M
30M
29M
3M
-7M
-36M
0M
105M
54M
24M
79.41 %
0M
0M
234M
71M
2M
68M
-82M
53M
26M
28M
4M
-3M
-6M
0M
100M
49M
22M
83.58 %
193M
0M
1M
68M
-2M
70M
-47M
63M
44M
30M
4M
-3M
-2M
0M
109M
-9M
39M
90.2 %
0M
0M
422M
70M
-55M
125M
-46M
68M
41M
31M
3M
-2M
-3M
0M
133M
109M
34M
82.68 %
207M
0M
-1M
125M
54M
71M
-65M
64M
28M
29M
14M
-14M
-2M
0M
216M
129M
37M
131.03 %
194M
0M
3M
71M
56M
15M
-152M
87M
29M
27M
0M
-1M
32M
0M
156M
78M
34M
117.78 %
0M
0M
304M
15M
8M
7M
-69M
56M
28M
27M
0M
-2M
3M
0M
129M
70M
28M
96.67 %
0M
0M
126M
7M
-1M
8M
-72M
25M
38M
26M
4M
4M
-23M
0M
49M
22M
28M
73.11 %
320M
0M
-2M
8M
0M
8M
-23M
47M
25M
21M
11M
4M
3M
0M
293M
244M
26M
105.06 %
189M
0M
15M
8M
-3M
11M
-246M
57M
23M
26M
0M
-1M
9M
0M
446M
391M
25M
108.97 %
0M
0M
839M
11M
4M
7M
-389M
49M
24M
24M
0M
-2M
3M
0M
124M
72M
25M
102.44 %
0M
0M
291M
7M
-2M
9M
-74M
32M
22M
25M
3M
4M
-14M
0M
87M
60M
27M
122.97 %
0M
0M
469M
9M
6M
3M
-55M
49M
21M
23M
0M
1M
4M
0M
329M
274M
25M
122.86 %
0M
0M
971M
3M
-5M
8M
-280M
30M
19M
21M
0M
-1M
-9M
0M
433M
403M
23M
119.72 %
0M
0M
991M
8M
4M
4M
-403M
16M
17M
17M
0M
2M
-20M
0M
62M
44M
20M
116.22 %
0M
0M
415M
4M
0M
3M
-47M
34M
17M
16M
0M
1M
0M
0M
154M
120M
20M
117.57 %
0M
0M
276M
3M
0M
4M
-119M
32M
16M
17M
0M
-1M
1M
0M
149M
114M
20M
121.13 %
0M
0M
582M
4M
-1M
5M
-116M
39M
16M
15M
0M
2M
6M
0M
80M
43M
19M
116.22 %
0M
0M
63M
5M
2M
2M
-41M
18M
16M
15M
0M
2M
-15M
0M
82M
62M
18M
111.84 %
0M
0M
92M
2M
-1M
4M
-64M
32M
15M
14M
0M
1M
1M
0M
124M
94M
17M
113.16 %
0M
0M
124M
4M
1M
3M
-92M
11M
16M
12M
0M
1M
-17M
0M
227M
215M
17M
110.26 %
0M
0M
233M
3M
-2M
5M
-215M
22M
15M
11M
0M
0M
-5M
0M
118M
100M
14M
91.14 %
0M
0M
177M
5M
2M
3M
-97M
15M
14M
11M
0M
1M
-10M
0M
81M
67M
14M
100 %
0M
0M
125M
3M
-1M
4M
-66M
20M
15M
11M
0M
-1M
-6M
0M
24M
0M
13M
87.18 %
0M
0M
42M
4M
-1M
5M
-5M
19M
13M
10M
0M
1M
-5M
0M
69M
44M
13M
97.06 %
0M
0M
60M
5M
2M
3M
-50M
15M
22M
10M
0M
-3M
-14M
0M
23M
-19M
12M
57.14 %
0M
0M
-1M
3M
-1M
4M
-8M
22M
13M
10M
0M
-5M
5M
0M
23M
4M
12M
98.46 %
0M
0M
18M
4M
0M
4M
-1M
18M
12M
10M
0M
1M
-6M
0M
60M
37M
12M
96.83 %
0M
0M
51M
4M
0M
4M
-42M
28M
9M
9M
0M
5M
5M
0M
87M
61M
12M
124.49 %
0M
0M
136M
4M
0M
4M
-59M
12M
11M
9M
0M
2M
-10M
0M
36M
28M
11M
100 %
0M
0M
112M
4M
1M
3M
-24M
16M
10M
9M
0M
1M
-5M
0M
69M
56M
11M
103.33 %
0M
0M
120M
3M
-2M
5M
-53M
11M
10M
9M
0M
1M
-8M
0M
21M
17M
8M
87.72 %
0M
0M
82M
5M
3M
2M
-10M
27M
8M
8M
0M
1M
10M
0M
0M
14M
8M
102.04 %
0M
0M
31M
2M
0M
3M
27M
14M
7M
8M
0M
0M
-3M
0M
61M
43M
8M
113.33 %
0M
0M
53M
3M
-1M
4M
-47M
2M
7M
8M
0M
1M
-14M
0M
50M
52M
8M
113.33 %
0M
0M
61M
4M
-2M
6M
-48M
17M
7M
7M
0M
1M
3M
0M
33M
22M
8M
102.13 %
0M
0M
31M
6M
3M
3M
-15M
11M
7M
0M
0M
19M
-15M
0M
18M
12M
8M
102.13 %
0M
0M
56M
3M
2M
1M
-7M
15M
7M
0M
0M
10M
-1M
0M
46M
41M
7M
109.09 %
0M
0M
49M
1M
0M
1M
-31M
5M
6M
0M
0M
0M
-2M
0M
38M
32M
7M
106.82 %
0M
0M
39M
1M
-1M
2M
-33M
2M
6M
0M
0M
24M
-28M
0M
17M
14M
7M
119.51 %
0M
0M
21M
2M
-1M
3M
-15M
15M
5M
0M
0M
8M
2M
0M
39M
11M
7M
135.14 %
0M
0M
21M
3M
1M
3M
-24M
6M
6M
0M
0M
7M
-6M
0M
44M
51M
6M
104.65 %
0M
0M
58M
3M
0M
3M
-37M
7M
6M
0M
0M
2M
-1M
0M
14M
9M
6M
95.24 %
0M
0M
15M
3M
1M
2M
-7M
14M
5M
0M
0M
7M
2M
0M
13M
-1M
5M
95 %
0M
0M
5M
2M
0M
2M
1M
10M
5M
0M
0M
9M
-4M
0M
50M
13M
5M
105.41 %
0M
0M
18M
2M
0M
1M
-40M
5M
5M
0M
0M
4M
-4M
0M
26M
48M
5M
97.5 %
0M
0M
53M
1M
-1M
2M
-21M
2M
5M
0M
0M
0M
-3M
0M
44M
43M
5M
92.5 %
0M
0M
47M
2M
1M
2M
-42M
9M
5M
0M
0M
6M
-2M
0M
121M
117M
5M
100 %
0M
0M
122M
2M
-1M
2M
-112M
0M
4M
0M
0M
-3M
-1M
0M
19M
12M
5M
108.33 %
0M
0M
25M
2M
-5M
7M
-19M
4M
4M
0M
0M
2M
-2M
0M
15M
-2M
2M
36.11 %
0M
0M
2M
7M
-15M
22M
-10M
-4M
-11M
0M
0M
16M
-9M
0M
53M
76M
1M
-8.33 %
0M
0M
152M
22M
19M
3M
-56M
3M
0M
1M
0M
0M
2M
0M
1M
-1M
3M
-2733.33 %
0M
0M
3M
3M
1M
2M
2M