vs

Side-by-side financial comparison of Alexandria Real Estate Equities (ARE) and HAEMONETICS CORP (HAE). Click either name above to swap in a different company.

Alexandria Real Estate Equities is the larger business by last-quarter revenue ($671.0M vs $346.4M, roughly 1.9× HAEMONETICS CORP). Alexandria Real Estate Equities runs the higher net margin — 59.4% vs 28.1%, a 31.3% gap on every dollar of revenue. On growth, HAEMONETICS CORP posted the faster year-over-year revenue change (4.8% vs -11.5%). Over the past eight quarters, HAEMONETICS CORP's revenue compounded faster (1.5% 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...

Haemonetics Corporation is a global provider of blood and plasma supplies and services. The company was founded in Natick, Massachusetts by Dr. Allen (Jack) Latham in the 1970s.

ARE vs HAE — Head-to-Head

Bigger by revenue
ARE
ARE
1.9× larger
ARE
$671.0M
$346.4M
HAE
Growing faster (revenue YoY)
HAE
HAE
+16.3% gap
HAE
4.8%
-11.5%
ARE
Higher net margin
ARE
ARE
31.3% more per $
ARE
59.4%
28.1%
HAE
Faster 2-yr revenue CAGR
HAE
HAE
Annualised
HAE
1.5%
-6.4%
ARE

Income Statement — Q1 FY2026 vs Q4 FY2026

Metric
ARE
ARE
HAE
HAE
Revenue
$671.0M
$346.4M
Net Profit
$398.4M
$97.3M
Gross Margin
57.2%
Operating Margin
36.1%
Net Margin
59.4%
28.1%
Revenue YoY
-11.5%
4.8%
Net Profit YoY
740.6%
EPS (diluted)
$2.10

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.

Revenue
ARE
ARE
HAE
HAE
Q1 26
$671.0M
$346.4M
Q4 25
$754.4M
$339.0M
Q3 25
$751.9M
$327.3M
Q2 25
$762.0M
$321.4M
Q1 25
$758.2M
$330.6M
Q4 24
$788.9M
$348.5M
Q3 24
$791.6M
$345.5M
Q2 24
$766.7M
$336.2M
Net Profit
ARE
ARE
HAE
HAE
Q1 26
$398.4M
$97.3M
Q4 25
$-1.1B
$44.7M
Q3 25
$-232.8M
$38.7M
Q2 25
$-107.0M
$34.0M
Q1 25
$-8.9M
$58.0M
Q4 24
$-62.2M
$37.5M
Q3 24
$167.9M
$33.8M
Q2 24
$46.7M
$38.4M
Gross Margin
ARE
ARE
HAE
HAE
Q1 26
57.2%
Q4 25
59.7%
Q3 25
59.5%
Q2 25
59.8%
Q1 25
58.4%
Q4 24
55.5%
Q3 24
54.2%
Q2 24
52.0%
Operating Margin
ARE
ARE
HAE
HAE
Q1 26
36.1%
Q4 25
19.9%
Q3 25
17.9%
Q2 25
16.8%
Q1 25
21.6%
Q4 24
16.9%
Q3 24
15.0%
Q2 24
11.8%
Net Margin
ARE
ARE
HAE
HAE
Q1 26
59.4%
28.1%
Q4 25
-143.3%
13.2%
Q3 25
-31.0%
11.8%
Q2 25
-14.0%
10.6%
Q1 25
-1.2%
17.5%
Q4 24
-7.9%
10.8%
Q3 24
21.2%
9.8%
Q2 24
6.1%
11.4%
EPS (diluted)
ARE
ARE
HAE
HAE
Q1 26
$2.10
Q4 25
$-6.35
$0.95
Q3 25
$-1.38
$0.81
Q2 25
$-0.64
$0.70
Q1 25
$-0.07
$1.17
Q4 24
$-0.38
$0.74
Q3 24
$0.96
$0.66
Q2 24
$0.25
$0.74

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
ARE
ARE
HAE
HAE
Cash + ST InvestmentsLiquidity on hand
$418.7M
$245.4M
Total DebtLower is stronger
$1.2B
Stockholders' EquityBook value
$19.4B
$796.3M
Total Assets
$34.2B
$2.4B
Debt / EquityLower = less leverage
1.53×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
ARE
ARE
HAE
HAE
Q1 26
$418.7M
$245.4M
Q4 25
$549.1M
$363.4M
Q3 25
$579.5M
$296.4M
Q2 25
$520.5M
$292.9M
Q1 25
$476.4M
$306.8M
Q4 24
$552.1M
$320.8M
Q3 24
$562.6M
$299.3M
Q2 24
$561.0M
$344.4M
Total Debt
ARE
ARE
HAE
HAE
Q1 26
$1.2B
Q4 25
$12.4B
$1.2B
Q3 25
$13.6B
$1.2B
Q2 25
$13.3B
$1.2B
Q1 25
$13.1B
$1.2B
Q4 24
$12.2B
Q3 24
$12.7B
Q2 24
$12.4B
Stockholders' Equity
ARE
ARE
HAE
HAE
Q1 26
$19.4B
$796.3M
Q4 25
$15.5B
$911.5M
Q3 25
$16.6B
$849.2M
Q2 25
$17.2B
$882.3M
Q1 25
$17.5B
$820.8M
Q4 24
$17.9B
$906.9M
Q3 24
$18.2B
$878.9M
Q2 24
$18.3B
$905.4M
Total Assets
ARE
ARE
HAE
HAE
Q1 26
$34.2B
$2.4B
Q4 25
$34.1B
$2.5B
Q3 25
$37.4B
$2.4B
Q2 25
$37.6B
$2.5B
Q1 25
$37.6B
$2.5B
Q4 24
$37.5B
$2.5B
Q3 24
$38.5B
$2.5B
Q2 24
$37.8B
$2.5B
Debt / Equity
ARE
ARE
HAE
HAE
Q1 26
1.53×
Q4 25
0.80×
1.34×
Q3 25
0.82×
1.44×
Q2 25
0.77×
1.39×
Q1 25
0.75×
1.49×
Q4 24
0.68×
Q3 24
0.70×
Q2 24
0.68×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
ARE
ARE
HAE
HAE
Operating Cash FlowLast quarter
$196.6M
$293.2M
Free Cash FlowOCF − Capex
$209.9M
FCF MarginFCF / Revenue
60.6%
Capex IntensityCapex / Revenue
76.0%
9.5%
Cash ConversionOCF / Net Profit
0.49×
3.01×
TTM Free Cash FlowTrailing 4 quarters
$417.1M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
ARE
ARE
HAE
HAE
Q1 26
$196.6M
$293.2M
Q4 25
$312.4M
$93.6M
Q3 25
$433.5M
$111.3M
Q2 25
$460.2M
$17.4M
Q1 25
$207.9M
$116.6M
Q4 24
$274.2M
$43.8M
Q3 24
$477.4M
$48.8M
Q2 24
$411.8M
$-27.4M
Free Cash Flow
ARE
ARE
HAE
HAE
Q1 26
$209.9M
Q4 25
$87.2M
Q3 25
$106.3M
Q2 25
$13.6M
Q1 25
$100.9M
Q4 24
$35.2M
Q3 24
$39.4M
Q2 24
$-33.1M
FCF Margin
ARE
ARE
HAE
HAE
Q1 26
60.6%
Q4 25
25.7%
Q3 25
32.5%
Q2 25
4.2%
Q1 25
30.5%
Q4 24
10.1%
Q3 24
11.4%
Q2 24
-9.8%
Capex Intensity
ARE
ARE
HAE
HAE
Q1 26
76.0%
9.5%
Q4 25
1.9%
Q3 25
1.5%
Q2 25
1.2%
Q1 25
4.7%
Q4 24
2.5%
Q3 24
2.7%
Q2 24
1.7%
Cash Conversion
ARE
ARE
HAE
HAE
Q1 26
0.49×
3.01×
Q4 25
2.09×
Q3 25
2.88×
Q2 25
0.51×
Q1 25
2.01×
Q4 24
1.17×
Q3 24
2.84×
1.44×
Q2 24
8.82×
-0.71×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

ARE
ARE

Same properties$431.4M64%
Tenant recoveries$178.2M27%
Non-same properties$43.3M6%
Other$18.0M3%

HAE
HAE

Hospital$159.6M46%
Plasma$130.3M38%
Blood Center$56.4M16%

Related Comparisons