What is the current annual operating margin of ARE?

As of today, ARE annual operating margin is 21.92%

What is 1-year change in ARE annual operating margin?

ARE annual operating margin is down -5.68% year-over-year

What is 3-year change in ARE annual operating margin?

ARE annual operating margin is up +165.05% over the past 3 years

How far is ARE annual operating margin from its all-time high?

ARE annual operating margin is currently -60.00% below its historical high of 54.80% set on December 31, 1998

How does ARE annual operating margin rank versus sector peers?

ARE annual operating margin is higher than 51.57% of companies in Real Estate sector

When is ARE next annual earnings release?

The next annual earnings release for ARE is on January 25, 2027

What is the current quarterly operating margin of ARE?

As of today, ARE quarterly operating margin is 17.80%

What is ARE quarterly operating margin most recent change?

ARE quarterly operating margin was down -52.07% on September 30, 2026

What is 1-year change in ARE quarterly operating margin?

ARE quarterly operating margin is down -17.25% year-over-year

How far is ARE quarterly operating margin from its all-time high?

ARE quarterly operating margin is currently -82.20% below its historical high of 100.00% set on December 31, 2002

How does ARE quarterly operating margin rank versus sector peers?

ARE quarterly operating margin is higher than 46.34% of companies in Real Estate sector

When is ARE next earnings release?

The next earnings release for ARE is on January 25, 2027

ARE Operating Margin History & Chart Since 1997

Annual Operating Margin

21.92%1.32%-5.68%

December 31, 2025

Summary

Current Value: As of today, ARE annual operating margin is 21.92%, down -5.68% on December 31, 2025
Historical Performance: ARE annual operating margin is up +165.05% over the past 3 years, down -53.97% over the past 5 years
All-Time High Comparison: ARE annual operating margin is currently -60.00% below its historical high of 54.80% set on December 31, 1998
3-Year Low Comparison: ARE annual operating margin is +165.05% above its 3-year low of 8.27% reached on an earlier date
Sector Comparison: ARE annual operating margin is higher than 51.57% of companies in Real Estate sector

Operating Margin Chart

beforeafter

Performance

ARE Performance
Metric	Date	Value	1Y	3Y	5Y	15Y
Annual Operating Margin	Dec 31, 25	21.92%	-5.7%	+165.1%	-54.0%	-14.2%
Quarterly Operating Margin	Sep 30, 26	17.80%	-17.3%	+22.7%	-17.7%	-49.8%
Price	Nov 10, 26	$44.70	-17.6%	-53.3%	-78.2%	-33.1%
PE Ratio	Nov 10, 26	-	–	–	–	–
Annual Revenue	Dec 31, 25	$3.03B	-2.9%	+16.9%	+60.5%	+521.1%
Annual Operating Profit	Dec 31, 25	$663.41M	-8.4%	+209.7%	-26.1%	+433.1%
Annual Gross Margin	Dec 31, 25	24.90%	-22.8%	-19.8%	-28.6%	-46.9%
Annual Net Margin	Dec 31, 25	-40.48%	-353.6%	-258.3%	-171.6%	-351.9%

Operating Margin Highs

ARE Annual Operating Margin Highs Comparison
Period	High	Date	Current
3Y	23.24%	Dec 31, 24	-5.7%
5Y	47.62%	N/A	-54.0%
All	54.80%	Dec 31, 98	-60.0%

Operating Margin Lows

ARE Annual Operating Margin Lows Comparison
Period	Low	Date	Current
3Y	8.27%	N/A	+165.1%
5Y	8.27%	Dec 31, 22	+165.1%
All	8.27%	Dec 31, 22	+165.1%

Operating Margin History

Year	Value	Change
2025	21.92%	-5.7%
2024	23.24%	+26.0%
2023	18.44%	+123.0%
2022	8.27%	-68.9%
2021	26.57%	-44.2%
2020	47.62%	+43.3%
2019	33.22%	+14.0%
2018	29.13%	+36.8%
2017	21.30%	-26.2%
2016	28.86%	-6.8%
2015	30.98%	+47.3%
2014	21.03%	-32.1%
2013	30.97%	+64.2%
2012	18.86%	-47.5%
2011	35.95%	+40.8%

Year	Value	Change
2010	25.54%	-40.6%
2009	43.00%	-2.5%
2008	44.09%	+0.8%
2007	43.72%	-4.9%
2006	45.97%	-0.4%
2005	46.17%	-3.0%
2004	47.60%	+2.0%
2003	46.66%	-0.6%
2002	46.96%	+1.0%
2001	46.48%	-4.1%
2000	48.45%	+0.1%
1999	48.40%	-11.7%
1998	54.80%	+72.6%
1997	31.75%	-

FAQ

What is the current annual operating margin of ARE?: As of today, ARE annual operating margin is 21.92%
What is 1-year change in ARE annual operating margin?: ARE annual operating margin is down -5.68% year-over-year
What is 3-year change in ARE annual operating margin?: ARE annual operating margin is up +165.05% over the past 3 years
How far is ARE annual operating margin from its all-time high?: ARE annual operating margin is currently -60.00% below its historical high of 54.80% set on December 31, 1998
How does ARE annual operating margin rank versus sector peers?: ARE annual operating margin is higher than 51.57% of companies in Real Estate sector
When is ARE next annual earnings release?: The next annual earnings release for ARE is on January 25, 2027

Operating Margin Formula

Operating Profit Margin = Operating Income

Revenue × 100%

Quarterly Operating Margin

17.80%19.34%-52.07%

September 30, 2026

Summary

Current Value: As of today, ARE quarterly operating margin is 17.80%, down -52.07% on September 30, 2026
Historical Performance: ARE quarterly operating margin is down -17.25% year-over-year, up +22.67% over the past 3 years
All-Time High Comparison: ARE quarterly operating margin is currently -82.20% below its historical high of 100.00% set on December 31, 2002
3-Year Low Comparison: ARE quarterly operating margin is +48.46% above its 3-year low of 11.99% reached on March 31, 2025
Sector Comparison: ARE quarterly operating margin is higher than 46.34% of companies in Real Estate sector

Performance

ARE Performance
Metric	Date	Value	3M	1Y	3Y	5Y
Quarterly Operating Margin	Sep 30, 26	17.80%	-52.1%	-17.3%	+22.7%	-17.7%
Annual Operating Margin	Dec 31, 25	21.92%	–	-5.7%	+165.1%	-54.0%
Price	Nov 10, 26	$44.70	-7.5%	-17.6%	-53.3%	-78.2%
PE Ratio	Nov 10, 26	-	–	–	–	–
Quarterly Revenue	Sep 30, 26	$671.18M	+1.3%	-10.7%	-6.0%	+22.5%
Quarterly Operating Profit	Sep 30, 26	$119.48M	-51.5%	-26.1%	+15.4%	+0.8%
Quarterly Gross Margin	Sep 30, 26	20.68%	-9.3%	-9.8%	-34.9%	-33.7%
Quarterly Net Margin	Sep 30, 26	-89.35%	-1384.2%	-235.9%	-1069.1%	-499.4%

Quarterly Operating Margin Highs

ARE Quarterly Operating Margin Highs Comparison
Period	High	Date	Current
1Y	37.14%	Jun 30, 26	-52.1%
3Y	37.14%	Jun 30, 26	-52.1%
5Y	37.14%	Jun 30, 26	-52.1%
All	100.00%	Dec 31, 02	-82.2%

Quarterly Operating Margin Lows

ARE Quarterly Operating Margin Lows Comparison
Period	Low	Date	Current
1Y	14.37%	Mar 31, 26	+23.9%
3Y	11.99%	Mar 31, 25	+48.5%
5Y	-18.09%	Mar 31, 22	+198.4%
All	-18.09%	Mar 31, 22	+198.4%

Quarterly Operating Margin History

Month	Value	Change
Sep 2026	17.80%	-52.1%
Jun 2026	37.14%	+158.5%
Mar 2026	14.37%	-59.9%
Dec 2025	35.83%	+66.6%
Sep 2025	21.51%	+16.7%
Jun 2025	18.43%	+53.7%
Mar 2025	11.99%	-10.7%
Dec 2024	13.42%	-52.4%
Sep 2024	28.17%	+44.1%
Jun 2024	19.55%	-38.7%
Mar 2024	31.90%	+15.3%
Dec 2023	27.66%	+90.6%
Sep 2023	14.51%	-1.1%
Jun 2023	14.67%	-10.2%
Mar 2023	16.34%	-18.5%
Dec 2022	20.04%	+36.0%
Sep 2022	14.74%	+1.1%
Jun 2022	14.58%	+180.6%
Mar 2022	-18.09%	-436.8%
Dec 2021	-3.37%	-115.6%
Sep 2021	21.64%	-71.1%
Jun 2021	74.91%	+344.8%
Mar 2021	16.84%	-77.7%
Dec 2020	75.49%	+147.8%
Sep 2020	30.47%	-50.8%
Jun 2020	61.95%	+318.3%
Mar 2020	14.81%	-75.1%
Dec 2019	59.43%	+1,130.4%
Sep 2019	4.83%	-81.4%
Jun 2019	25.99%	-37.9%
Mar 2019	41.85%	+820.3%
Dec 2018	-5.81%	-110.3%
Sep 2018	56.22%	+147.4%
Jun 2018	22.72%	-49.3%
Mar 2018	44.78%	+119.6%
Dec 2017	20.39%	-6.9%
Sep 2017	21.91%	+6.7%
Jun 2017	20.53%	-8.5%
Mar 2017	22.43%	-11.6%
Dec 2016	25.38%	-10.6%
Sep 2016	28.38%	-70.0%
Jun 2016	94.45%	+217.9%
Mar 2016	29.71%	+38.6%
Dec 2015	21.44%	+4.8%
Sep 2015	20.45%	+3.6%
Jun 2015	19.74%	-9.1%
Mar 2015	21.71%	+4.9%
Dec 2014	20.70%	+3.8%
Sep 2014	19.94%	-1.8%
Jun 2014	20.31%	-14.7%
Mar 2014	23.80%	-29.5%
Dec 2013	33.74%	+12.4%
Sep 2013	30.03%	+36.6%
Jun 2013	21.98%	+8.5%
Mar 2013	20.26%	+4.3%
Dec 2012	19.43%	-23.5%
Sep 2012	25.39%	+38.4%
Jun 2012	18.34%	-19.6%

Month	Value	Change
Mar 2012	22.81%	-32.8%
Dec 2011	33.92%	-4.4%
Sep 2011	35.47%	+43.5%
Jun 2011	24.72%	-1.4%
Mar 2011	25.07%	-5.6%
Dec 2010	26.57%	+1.8%
Sep 2010	26.11%	+4.4%
Jun 2010	25.02%	+3.9%
Mar 2010	24.09%	-42.4%
Dec 2009	41.80%	+89.6%
Sep 2009	22.05%	-18.8%
Jun 2009	27.16%	-6.6%
Mar 2009	29.09%	-24.7%
Dec 2008	38.62%	+50.7%
Sep 2008	25.63%	-3.7%
Jun 2008	26.61%	+27.6%
Mar 2008	20.86%	-51.6%
Dec 2007	43.06%	-2.9%
Sep 2007	44.35%	+0.1%
Jun 2007	44.30%	+3.1%
Mar 2007	42.98%	-5.1%
Dec 2006	45.30%	-0.3%
Sep 2006	45.43%	-5.0%
Jun 2006	47.84%	+98.2%
Mar 2006	24.14%	-46.7%
Dec 2005	45.32%	+78.7%
Sep 2005	25.36%	-46.1%
Jun 2005	47.03%	+76.0%
Mar 2005	26.72%	-43.6%
Dec 2004	47.38%	+42.5%
Sep 2004	33.25%	+4.2%
Jun 2004	31.91%	-0.5%
Mar 2004	32.06%	-33.2%
Dec 2003	47.97%	+57.7%
Sep 2003	30.42%	+2.5%
Jun 2003	29.69%	+1.0%
Mar 2003	29.41%	-70.6%
Dec 2002	100.00%	+85.8%
Sep 2002	53.82%	+89.5%
Jun 2002	28.40%	+3.3%
Mar 2002	27.49%	-41.4%
Dec 2001	46.93%	+106.1%
Sep 2001	22.77%	-5.5%
Jun 2001	24.09%	+2.2%
Mar 2001	23.57%	-52.3%
Dec 2000	49.41%	+115.4%
Sep 2000	22.94%	-9.9%
Jun 2000	25.46%	+6.3%
Mar 2000	23.94%	-50.7%
Dec 1999	48.54%	+95.6%
Sep 1999	24.82%	-10.0%
Jun 1999	27.58%	+1.7%
Mar 1999	27.12%	-49.1%
Dec 1998	53.24%	+64.5%
Sep 1998	32.36%	+3.9%
Jun 1998	31.16%	-21.4%
Mar 1998	39.63%	-

FAQ

What is the current quarterly operating margin of ARE?: As of today, ARE quarterly operating margin is 17.80%
What is ARE quarterly operating margin most recent change?: ARE quarterly operating margin was down -52.07% on September 30, 2026
What is 1-year change in ARE quarterly operating margin?: ARE quarterly operating margin is down -17.25% year-over-year
How far is ARE quarterly operating margin from its all-time high?: ARE quarterly operating margin is currently -82.20% below its historical high of 100.00% set on December 31, 2002
How does ARE quarterly operating margin rank versus sector peers?: ARE quarterly operating margin is higher than 46.34% of companies in Real Estate sector
When is ARE next earnings release?: The next earnings release for ARE is on January 25, 2027

Operating Margin Formula

Operating Profit Margin = Operating Income

Revenue × 100%

Data Sources & References

ARE Official Website www.are.com
Most Recent Annual Report (10-K) www.sec.gov/Archives/edgar/data/1035443/000103544326000013/0001035443-26-000013-index.htm
ARE Profile on Yahoo Finance finance.yahoo.com/quote/ARE
ARE Profile on NASDAQ.com www.nasdaq.com/market-activity/stocks/are