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Side-by-side financial comparison of Alexandria Real Estate Equities (ARE) and ASGN Inc (ASGN). Click either name above to swap in a different company.
ASGN Inc is the larger business by last-quarter revenue ($970.0M vs $671.0M, roughly 1.4× Alexandria Real Estate Equities). Alexandria Real Estate Equities runs the higher net margin — 59.4% vs 0.6%, a 58.8% gap on every dollar of revenue. On growth, ASGN Inc posted the faster year-over-year revenue change (-3.0% vs -11.5%). Over the past eight quarters, ASGN Inc's revenue compounded faster (-3.2% CAGR vs -6.4%).
Alexandria Real Estate Equities, Inc. (NYSE:ARE), an S&P 500® urban office real estate investment trust (REIT), is the first, longest-tenured, and pioneering owner, operator, and developer uniquely focused on collaborative life science, technology, and agtech campuses in AAA innovation cluster locations, with a total market capitalization of $31.9 billion as of December 31, 2020, and an asset base in North America of 49.7 million square feet (SF). The asset base in North America includes 31.9...
ASGN Inc is a leading U.S.-headquartered professional services and workforce solutions provider. It specializes in supplying skilled talent and consulting services across high-growth segments including information technology, creative, digital, life sciences, and engineering, primarily serving enterprise clients across North America.
ARE vs ASGN — Head-to-Head
Income Statement — Q1 FY2026 vs Q1 FY2026
| Metric | | |
|---|---|---|
| Revenue | $671.0M | $970.0M |
| Net Profit | $398.4M | $5.5M |
| Gross Margin | — | 27.5% |
| Operating Margin | — | 2.9% |
| Net Margin | 59.4% | 0.6% |
| Revenue YoY | -11.5% | -3.0% |
| Net Profit YoY | 740.6% | -73.7% |
| EPS (diluted) | $2.10 | $0.13 |
Green = leading value per metric. Periods may differ when fiscal calendars don't align.
8-Quarter Revenue & Profit Trend
Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.
| Q1 26 | $671.0M | $970.0M | ||
| Q4 25 | $754.4M | $980.1M | ||
| Q3 25 | $751.9M | $1.0B | ||
| Q2 25 | $762.0M | $1.0B | ||
| Q1 25 | $758.2M | $968.3M | ||
| Q4 24 | $788.9M | $985.0M | ||
| Q3 24 | $791.6M | $1.0B | ||
| Q2 24 | $766.7M | $1.0B |
| Q1 26 | $398.4M | $5.5M | ||
| Q4 25 | $-1.1B | $25.2M | ||
| Q3 25 | $-232.8M | $38.1M | ||
| Q2 25 | $-107.0M | $29.3M | ||
| Q1 25 | $-8.9M | $20.9M | ||
| Q4 24 | $-62.2M | $42.4M | ||
| Q3 24 | $167.9M | $47.5M | ||
| Q2 24 | $46.7M | $47.2M |
| Q1 26 | — | 27.5% | ||
| Q4 25 | — | 28.9% | ||
| Q3 25 | — | 29.4% | ||
| Q2 25 | — | 28.7% | ||
| Q1 25 | — | 28.4% | ||
| Q4 24 | — | 29.0% | ||
| Q3 24 | — | 29.1% | ||
| Q2 24 | — | 29.1% |
| Q1 26 | — | 2.9% | ||
| Q4 25 | — | 5.7% | ||
| Q3 25 | — | 6.7% | ||
| Q2 25 | — | 5.8% | ||
| Q1 25 | — | 4.8% | ||
| Q4 24 | — | 7.5% | ||
| Q3 24 | — | 7.7% | ||
| Q2 24 | — | 7.8% |
| Q1 26 | 59.4% | 0.6% | ||
| Q4 25 | -143.3% | 2.6% | ||
| Q3 25 | -31.0% | 3.8% | ||
| Q2 25 | -14.0% | 2.9% | ||
| Q1 25 | -1.2% | 2.2% | ||
| Q4 24 | -7.9% | 4.3% | ||
| Q3 24 | 21.2% | 4.6% | ||
| Q2 24 | 6.1% | 4.6% |
| Q1 26 | $2.10 | $0.13 | ||
| Q4 25 | $-6.35 | $0.58 | ||
| Q3 25 | $-1.38 | $0.87 | ||
| Q2 25 | $-0.64 | $0.67 | ||
| Q1 25 | $-0.07 | $0.48 | ||
| Q4 24 | $-0.38 | $0.94 | ||
| Q3 24 | $0.96 | $1.06 | ||
| Q2 24 | $0.25 | $1.02 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $418.7M | $143.6M |
| Total DebtLower is stronger | — | $1.5B |
| Stockholders' EquityBook value | $19.4B | $1.8B |
| Total Assets | $34.2B | $4.0B |
| Debt / EquityLower = less leverage | — | 0.82× |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | $418.7M | $143.6M | ||
| Q4 25 | $549.1M | $161.2M | ||
| Q3 25 | $579.5M | — | ||
| Q2 25 | $520.5M | — | ||
| Q1 25 | $476.4M | — | ||
| Q4 24 | $552.1M | $205.2M | ||
| Q3 24 | $562.6M | — | ||
| Q2 24 | $561.0M | — |
| Q1 26 | — | $1.5B | ||
| Q4 25 | $12.4B | $1.2B | ||
| Q3 25 | $13.6B | $1.2B | ||
| Q2 25 | $13.3B | $1.2B | ||
| Q1 25 | $13.1B | $1.3B | ||
| Q4 24 | $12.2B | $1.0B | ||
| Q3 24 | $12.7B | $1.0B | ||
| Q2 24 | $12.4B | $1.0B |
| Q1 26 | $19.4B | $1.8B | ||
| Q4 25 | $15.5B | $1.8B | ||
| Q3 25 | $16.6B | $1.8B | ||
| Q2 25 | $17.2B | $1.8B | ||
| Q1 25 | $17.5B | $1.8B | ||
| Q4 24 | $17.9B | $1.8B | ||
| Q3 24 | $18.2B | $1.8B | ||
| Q2 24 | $18.3B | $1.8B |
| Q1 26 | $34.2B | $4.0B | ||
| Q4 25 | $34.1B | $3.7B | ||
| Q3 25 | $37.4B | $3.7B | ||
| Q2 25 | $37.6B | $3.7B | ||
| Q1 25 | $37.6B | $3.7B | ||
| Q4 24 | $37.5B | $3.4B | ||
| Q3 24 | $38.5B | $3.4B | ||
| Q2 24 | $37.8B | $3.5B |
| Q1 26 | — | 0.82× | ||
| Q4 25 | 0.80× | 0.65× | ||
| Q3 25 | 0.82× | 0.64× | ||
| Q2 25 | 0.77× | 0.66× | ||
| Q1 25 | 0.75× | 0.72× | ||
| Q4 24 | 0.68× | 0.58× | ||
| Q3 24 | 0.70× | 0.58× | ||
| Q2 24 | 0.68× | 0.57× |
Cash Flow & Capital Efficiency
How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.
| Metric | | |
|---|---|---|
| Operating Cash FlowLast quarter | $475.0M | — |
| Free Cash FlowOCF − Capex | — | $9.1M |
| FCF MarginFCF / Revenue | — | 0.9% |
| Capex IntensityCapex / Revenue | 76.0% | 1.0% |
| Cash ConversionOCF / Net Profit | 1.19× | — |
| TTM Free Cash FlowTrailing 4 quarters | — | $290.6M |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | $475.0M | — | ||
| Q4 25 | $312.4M | $102.3M | ||
| Q3 25 | $433.5M | $83.9M | ||
| Q2 25 | $460.2M | $124.9M | ||
| Q1 25 | $207.9M | $16.8M | ||
| Q4 24 | $274.2M | $100.2M | ||
| Q3 24 | $477.4M | $135.8M | ||
| Q2 24 | $411.8M | $90.7M |
| Q1 26 | — | $9.1M | ||
| Q4 25 | — | $93.7M | ||
| Q3 25 | — | $72.0M | ||
| Q2 25 | — | $115.8M | ||
| Q1 25 | — | $6.6M | ||
| Q4 24 | — | $88.9M | ||
| Q3 24 | — | $127.9M | ||
| Q2 24 | — | $85.4M |
| Q1 26 | — | 0.9% | ||
| Q4 25 | — | 9.6% | ||
| Q3 25 | — | 7.1% | ||
| Q2 25 | — | 11.3% | ||
| Q1 25 | — | 0.7% | ||
| Q4 24 | — | 9.0% | ||
| Q3 24 | — | 12.4% | ||
| Q2 24 | — | 8.3% |
| Q1 26 | 76.0% | 1.0% | ||
| Q4 25 | — | 0.9% | ||
| Q3 25 | — | 1.2% | ||
| Q2 25 | — | 0.9% | ||
| Q1 25 | — | 1.1% | ||
| Q4 24 | — | 1.1% | ||
| Q3 24 | — | 0.8% | ||
| Q2 24 | — | 0.5% |
| Q1 26 | 1.19× | — | ||
| Q4 25 | — | 4.06× | ||
| Q3 25 | — | 2.20× | ||
| Q2 25 | — | 4.26× | ||
| Q1 25 | — | 0.80× | ||
| Q4 24 | — | 2.36× | ||
| Q3 24 | 2.84× | 2.86× | ||
| Q2 24 | 8.82× | 1.92× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
ARE
| Same properties | $431.4M | 64% |
| Tenant recoveries | $178.2M | 27% |
| Non-same properties | $43.3M | 6% |
| Other | $18.0M | 3% |
ASGN
Segment breakdown not available.
