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Alexander & Baldwin (ALEX) Financials

Alexander & Baldwin logo
$18.20 +0.04 (+0.19%)
Closing price 08/8/2025 03:59 PM Eastern
Extended Trading
$18.10 -0.10 (-0.57%)
As of 08/8/2025 06:10 PM Eastern
Extended trading is trading that happens on electronic markets outside of regular trading hours. This is a fair market value extended hours price provided by Polygon.io. Learn more.
Annual Income Statements for Alexander & Baldwin

Annual Income Statements for Alexander & Baldwin

This table shows Alexander & Baldwin's income and expenses over time, based on annual financial data. All values are USD millions unless otherwise specified.

Metric 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024
Period end date 12/31/2014 12/31/2015 12/31/2016 12/31/2017 12/31/2018 12/31/2019 12/31/2020 12/31/2021 12/31/2022 12/31/2023 12/31/2024
Net Income / (Loss) Attributable to Common Shareholders
61 30 -10 228 -72 -37 5.60 35 -51 30 61
Consolidated Net Income / (Loss)
65 31 -8.40 231 -70 -38 5.20 36 -50 33 61
Net Income / (Loss) Continuing Operations
37 61 33 228 -69 -37 19 75 37 41 64
Total Pre-Tax Income
41 99 35 9.90 -53 -39 19 75 19 41 64
Total Operating Income
77 94 54 29 173 13 42 85 116 65 80
Total Gross Profit
208 226 119 124 262 72 64 119 98 102 108
Total Revenue
456 473 388 426 644 435 190 254 231 209 237
Operating Revenue
456 473 388 426 644 161 190 254 231 209 237
Total Cost of Revenue
249 247 269 302 382 89 126 135 133 107 129
Operating Cost of Revenue
249 247 269 302 382 89 126 135 133 107 129
Total Operating Expenses
131 132 65 95 89 59 22 34 -18 38 28
Selling, General & Admin Expense
53 52 52 66 61 59 31 37 36 34 30
Other Operating Expenses / (Income)
78 80 1.40 5.90 -51 - -0.50 -2.80 0.00 0.00 -0.05
Impairment Charge
0.00 0.00 12 22 79 - - 0.00 0.00 4.77 0.26
Other Special Charges / (Income)
0.00 - - - - 0.00 -8.90 -0.10 -54 -1.11 -2.15
Total Other Income / (Expense), net
-36 4.90 -19 -19 -226 -74 -24 -10 -97 -24 -16
Interest Expense
29 29 28 26 35 33 30 26 22 23 23
Interest & Investment Income
-13 34 9.40 6.70 -193 5.30 6.80 18 1.59 1.87 4.56
Other Income / (Expense), net
6.10 - - - 2.30 -47 -0.10 -1.70 -77 -2.69 3.02
Income Tax Expense
4.10 37 2.60 -218 16 -2.00 -0.40 0.00 -18 0.04 0.17
Net Income / (Loss) Discontinued Operations
28 -30 -41 2.40 -0.60 -1.50 -14 -40 -87 -7.85 -3.47
Net Income / (Loss) Attributable to Noncontrolling Interest
3.10 1.50 1.80 2.20 2.20 -2.00 -0.40 0.40 1.08 3.15 0.00
Basic Earnings per Share
$1.26 $0.54 ($0.18) $4.68 ($1.02) ($1.00) $0.08 $0.48 ($0.70) $0.41 $0.83
Weighted Average Basic Shares Outstanding
48.70M 48.90M 49M 49.20M 70.60M 72.20M 72.30M 72.50M 72.64M 72.56M 72.61M
Diluted Earnings per Share
$1.25 $0.54 ($0.18) $4.34 ($1.02) ($1.00) $0.08 $0.48 ($0.70) $0.41 $0.83
Weighted Average Diluted Shares Outstanding
49.30M 49.30M 49.40M 53M 70.60M 72.20M 72.40M 72.60M 72.79M 72.78M 72.75M
Weighted Average Basic & Diluted Shares Outstanding
48.83M 48.95M 49.08M 71.95M 72.09M 72.31M 72.47M 72.68M 72.59M 72.59M 72.71M
Cash Dividends to Common per Share
$0.17 $0.21 $0.25 $16.13 $11.65 $0.69 $0.34 $0.67 $0.83 $0.88 $0.89

Quarterly Income Statements for Alexander & Baldwin

This table shows Alexander & Baldwin's income and expenses over time, based on quarterly financial data. All values are USD millions unless otherwise specified.

Metric Q4 2022 Q1 2023 Q2 2023 Q3 2023 Q4 2023 Q1 2024 Q2 2024 Q3 2024 Q4 2024 Q1 2025 Q2 2025
Period end date 12/31/2022 3/31/2023 6/30/2023 9/30/2023 12/31/2023 3/31/2024 6/30/2024 9/30/2024 12/31/2024 3/31/2025 6/30/2025
Net Income / (Loss) Attributable to Common Shareholders
-72 5.34 13 15 -3.51 20 9.10 19 12 21 25
Consolidated Net Income / (Loss)
-76 5.31 15 16 -3.24 20 9.11 19 12 21 25
Net Income / (Loss) Continuing Operations
16 9.51 11 12 8.51 20 12 19 13 21 25
Total Pre-Tax Income
16 9.51 11 12 8.54 20 12 19 13 21 25
Total Operating Income
22 14 16 17 17 24 16 22 18 24 28
Total Gross Profit
30 22 26 25 29 31 21 29 26 27 24
Total Revenue
71 50 53 52 53 61 51 62 62 54 52
Operating Revenue
71 50 53 52 53 61 51 62 62 54 52
Total Cost of Revenue
41 29 27 27 24 30 30 32 37 27 28
Operating Cost of Revenue
41 29 27 27 24 30 30 32 37 27 28
Total Operating Expenses
8.22 7.61 9.91 8.21 12 7.22 5.13 7.44 8.10 2.69 -4.55
Selling, General & Admin Expense
8.17 8.73 9.91 7.56 7.83 7.24 7.25 7.44 7.90 6.99 7.01
Other Operating Expenses / (Income)
- - - - - 0.00 0.00 - - -4.10 0.00
Other Special Charges / (Income)
- -1.12 0.00 0.00 0.00 -0.02 -2.13 0.00 - -0.19 -12
Total Other Income / (Expense), net
-5.71 -4.73 -5.38 -4.98 -8.69 -3.55 -4.40 -2.68 -4.96 -2.73 -3.05
Interest Expense
5.29 5.04 5.86 6.08 5.99 4.24 5.40 5.68 6.05 5.75 5.64
Interest & Investment Income
-0.71 0.39 0.54 0.95 -0.01 0.70 1.00 2.14 0.72 3.03 2.59
Income Tax Expense
- 0.01 0.00 0.00 0.03 0.00 0.10 0.08 - -0.04 -0.06
Net Income / (Loss) Discontinued Operations
-88 -4.20 4.21 3.89 -12 -0.26 -2.63 -0.30 -0.29 0.14 -0.02
Basic Earnings per Share
($0.99) $0.07 $0.18 $0.20 ($0.04) $0.28 $0.13 $0.26 $0.16 $0.29 $0.35
Weighted Average Basic Shares Outstanding
72.64M 72.55M 72.62M 72.62M 72.56M 72.55M 72.62M 72.63M 72.61M 72.68M 72.74M
Diluted Earnings per Share
($0.98) $0.07 $0.18 $0.20 ($0.04) $0.28 $0.13 $0.26 $0.16 $0.29 $0.35
Weighted Average Diluted Shares Outstanding
72.79M 72.63M 72.83M 72.84M 72.78M 72.67M 72.69M 72.82M 72.75M 72.82M 72.87M
Weighted Average Basic & Diluted Shares Outstanding
72.59M 72.59M 72.63M 72.54M 72.59M 72.59M 72.62M 72.63M 72.71M 72.71M 72.75M

Annual Cash Flow Statements for Alexander & Baldwin

This table details how cash moves in and out of Alexander & Baldwin's business through operations, investing, and financing, using annual figures. All values are USD millions unless otherwise specified.

Metric 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024
Period end date 12/31/2014 12/31/2015 12/31/2016 12/31/2017 12/31/2018 12/31/2019 12/31/2020 12/31/2021 12/31/2022 12/31/2023 12/31/2024
Net Change in Cash & Equivalents
-0.50 16 -6.70 91 132 -220 42 14 -37 -21 20
Net Cash From Operating Activities
40 129 111 -1.30 310 158 63 124 34 67 98
Net Cash From Continuing Operating Activities
40 129 111 -1.30 310 158 55 118 67 75 102
Net Income / (Loss) Continuing Operations
65 31 -8.40 231 -70 -38 19 75 37 41 64
Consolidated Net Income / (Loss)
65 31 -8.40 231 -70 -38 5.20 36 -50 33 61
Net Income / (Loss) Discontinued Operations
- - - - - - -14 -40 -87 -7.85 -3.47
Depreciation Expense
55 56 120 41 43 51 43 40 38 37 36
Non-Cash Adjustments To Reconcile Net Income
-65 -42 -21 24 232 51 -9.10 -6.00 32 11 -2.00
Changes in Operating Assets and Liabilities, net
-14 84 22 -297 105 94 2.30 9.10 -40 -13 4.43
Net Cash From Discontinued Operating Activities
- - - - - - 8.10 6.10 -33 -8.40 -4.12
Net Cash From Investing Activities
-28 18 -33 -3.90 -105 -240 12 97 45 7.10 -16
Net Cash From Continuing Investing Activities
-28 18 -33 -3.90 -105 -240 12 104 51 -28 -31
Purchase of Property, Plant & Equipment
-75 -45 -34 -32 -54 -37 -21 -30 -22 -22 -21
Acquisitions
-14 - -130 -10 -242 -218 0.00 -17 0.00 -9.46 -30
Purchase of Investments
-75 -29 - -42 -23 -3.30 -1.00 -1.20 -0.52 -0.34 -0.31
Sale of Property, Plant & Equipment
9.50 48 89 47 172 4.40 23 3.00 73 3.44 19
Sale and/or Maturity of Investments
- - - 33 42 14 11 150 0.07 0.45 1.01
Net Cash From Discontinued Investing Activities
- - - - - - -0.30 -7.60 -6.40 35 15
Net Cash From Financing Activities
-13 -132 -85 96 -74 -137 -33 -207 -115 -95 -62
Net Cash From Continuing Financing Activities
-13 -132 -85 96 -74 -137 -32 -206 -126 -80 -62
Repayment of Debt
-287 -251 -344 -181 -468 -204 -190 -289 -61 -35 -167
Repurchase of Common Equity
-0.90 -1.10 0.00 -7.20 -1.50 -1.00 -0.60 -1.30 -7.26 -5.40 -2.98
Payment of Dividends
-8.50 -11 -14 -11 -157 -50 -14 -47 -58 -64 -65
Issuance of Debt
283 132 272 295 553 126 173 131 0.00 25 173
Net Cash From Discontinued Financing Activities
- - - - - - -1.30 -1.40 11 -15 0.00
Cash Interest Paid
30 27 26 25 34 33 29 25 21 23 22
Cash Income Taxes Paid
14 6.40 0.00 4.00 -2.60 -26 -0.50 - -1.01 0.02 -0.03

Quarterly Cash Flow Statements for Alexander & Baldwin

This table details how cash moves in and out of Alexander & Baldwin's business through operations, investing, and financing, using quarterly figures. All values are USD millions unless otherwise specified.

Metric Q4 2022 Q1 2023 Q2 2023 Q3 2023 Q4 2023 Q1 2024 Q2 2024 Q3 2024 Q4 2024 Q1 2025 Q2 2025
Period end date 12/31/2022 3/31/2023 6/30/2023 9/30/2023 12/31/2023 3/31/2024 6/30/2024 9/30/2024 12/31/2024 3/31/2025 6/30/2025
Net Change in Cash & Equivalents
27 -22 -2.75 5.40 -1.70 2.17 14 -12 16 -16 -7.46
Net Cash From Operating Activities
25 5.51 3.71 34 23 16 22 35 24 26 16
Net Cash From Continuing Operating Activities
37 13 25 18 20 16 23 36 27 26 17
Net Income / (Loss) Continuing Operations
16 9.51 11 12 8.51 20 12 19 13 21 25
Consolidated Net Income / (Loss)
-72 5.31 15 16 -3.24 20 9.11 19 12 21 25
Net Income / (Loss) Discontinued Operations
-88 -4.20 4.21 3.89 -12 -0.26 -2.63 -0.30 -0.29 0.14 -0.02
Depreciation Expense
9.22 9.18 9.15 9.24 9.22 9.03 8.95 9.00 9.33 9.21 10
Non-Cash Adjustments To Reconcile Net Income
22 0.08 1.95 0.94 7.67 -2.52 -1.85 -1.49 3.86 -3.95 -13
Changes in Operating Assets and Liabilities, net
-10 -6.10 3.36 -4.33 -5.67 -10 4.31 8.97 1.43 -0.69 -5.82
Net Cash From Discontinued Operating Activities
-12 -7.15 -22 17 3.76 -0.40 -0.84 -0.47 -2.40 0.12 -0.12
Net Cash From Investing Activities
-11 0.71 -13 -6.89 26 11 -4.42 -33 9.73 -0.79 -4.84
Net Cash From Continuing Investing Activities
-11 -1.45 -12 -6.20 -7.60 -3.68 -4.42 -33 9.73 -0.79 -4.84
Purchase of Property, Plant & Equipment
-11 -3.02 -4.15 -6.43 -8.09 -3.75 -4.27 -3.87 -9.07 -4.17 -4.71
Purchase of Investments
-0.02 -0.08 -0.04 -0.12 -0.11 -0.11 -0.01 -0.03 -0.15 -0.09 -0.06
Sale of Property, Plant & Equipment
-0.01 1.65 1.31 0.34 0.15 0.18 -0.14 - 19 3.47 -0.06
Net Cash From Financing Activities
13 -28 6.72 -22 -52 -25 -4.05 -14 -19 -41 -19
Net Cash From Continuing Financing Activities
8.44 -27 11 -17 -47 -25 -4.05 -14 -19 -41 -19
Repayment of Debt
-39 -18 -1.34 -14 -1.41 -15 -39 2.52 -115 -17 -9.56
Repurchase of Common Equity
-2.26 -2.39 - -1.18 -1.83 -2.33 - -0.49 -0.17 -1.24 -0.14
Payment of Dividends
-0.02 -32 -16 -16 -0.02 -16 -16 -16 -16 -17 -16
Issuance of Debt
50 25 29 15 -44 9.00 51 - 113 -7.00 7.00
Cash Interest Paid
5.71 4.90 6.74 4.99 6.01 4.47 5.98 3.57 8.11 3.03 8.10
Cash Income Taxes Paid
- - - - 0.06 0.00 - 0.02 -0.06 -0.01 -0.02

Annual Balance Sheets for Alexander & Baldwin

This table presents Alexander & Baldwin's assets and liabilities at the end of each period, using annual balance sheet data. All values are USD millions unless otherwise specified.

Metric 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024
Period end date 12/31/2014 12/31/2015 12/31/2016 12/31/2017 12/31/2018 12/31/2019 12/31/2020 12/31/2021 12/31/2022 12/31/2023 12/31/2024
Total Assets
2,322 2,242 2,156 2,231 2,225 2,084 2,036 1,880 1,787 1,646 1,670
Total Current Assets
168 153 138 275 238 222 229 155 131 136 163
Cash & Equivalents
2.80 1.30 2.20 69 11 15 57 65 33 14 33
Short-Term Investments
- - - - - - - - - - 0.00
Accounts Receivable
49 55 49 34 106 79 58 12 6.10 24 20
Prepaid Expenses
16 15 20 11 94 107 96 78 92 99 109
Plant, Property, & Equipment, net
1,526 1,453 1,411 1,299 1,187 1,413 1,667 1,408 -202 1,440 -256
Accumulated Depreciation
- - - - 107 128 154 181 202 227 256
Total Noncurrent Assets
628 637 607 658 801 449 1,962 317 1,859 71 1,763
Long-Term Investments
419 416 391 402 141 133 134 8.80 7.50 6.85 5.91
Goodwill
102 102 102 102 65 15 11 8.70 8.70 8.73 8.73
Intangible Assets
64 54 54 47 60 75 62 - 44 - 31
Other Noncurrent Operating Assets
44 64 60 91 535 226 1,755 297 1,792 51 1,718
Total Liabilities & Shareholders' Equity
2,322 2,242 2,156 2,231 2,225 2,084 2,036 1,880 1,787 1,646 1,670
Total Liabilities
1,107 1,004 932 1,572 1,009 949 933 806 744 643 667
Total Current Liabilities
183 185 165 927 116 129 126 99 188 99 112
Accounts Payable
38 36 35 43 34 18 9.80 3.40 4.50 5.85 4.53
Accrued Expenses
- - - - 82 111 117 95 102 93 107
Total Noncurrent Liabilities
924 819 767 645 893 821 807 708 556 544 555
Long-Term Debt
632 497 473 585 778 705 687 531 472 464 475
Noncurrent Deferred Revenue
- - - 2.50 63 68 67 68 69 70 72
Noncurrent Employee Benefit Liabilities
55 60 65 23 29 27 35 56 10 9.97 7.58
Other Noncurrent Operating Liabilities
52 61 48 35 22 22 18 6.50 4.90 - 0.00
Commitments & Contingencies
0.00 0.00 0.00 - 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Total Equity & Noncontrolling Interests
1,215 1,227 1,213 651 1,208 1,129 1,096 1,067 1,036 1,003 1,004
Total Preferred & Common Equity
1,204 1,224 1,209 646 1,203 1,125 1,096 1,067 1,036 1,003 1,004
Total Common Equity
1,204 1,224 1,209 646 1,203 1,125 1,096 1,067 1,036 1,003 1,004
Common Stock
1,147 1,152 1,157 1,162 1,793 1,800 1,806 1,811 1,808 1,809 1,812
Retained Earnings
101 117 95 -473 -539 -626 -649 -663 -775 -809 -814
Accumulated Other Comprehensive Income / (Loss)
-44 -45 -43 -42 -52 -49 -60 -81 1.80 3.25 6.13

Quarterly Balance Sheets for Alexander & Baldwin

This table presents Alexander & Baldwin's assets and liabilities at the end of each period, using quarterly balance sheet data. All values are USD millions unless otherwise specified.

Metric Q2 2022 Q3 2022 Q1 2023 Q2 2023 Q3 2023 Q1 2024 Q2 2024 Q3 2024 Q1 2025 Q2 2025
Period end date 6/30/2022 9/30/2022 3/31/2023 6/30/2023 9/30/2023 3/31/2024 6/30/2024 9/30/2024 3/31/2025 6/30/2025
Total Assets
1,854 1,848 1,756 1,785 1,786 1,636 1,642 1,650 1,649 1,642
Total Current Assets
185 171 111 106 122 135 144 135 144 145
Cash & Equivalents
33 7.30 11 8.20 12 16 30 18 17 8.58
Short-Term Investments
- - - - - - - - 9.22 9.42
Accounts Receivable
5.80 - 8.00 6.30 7.30 15 14 13 11 13
Prepaid Expenses
122 134 93 91 103 104 101 105 107 114
Plant, Property, & Equipment, net
1,463 1,401 1,451 1,458 1,397 1,378 1,369 1,450 1,413 -271
Accumulated Depreciation
191 198 209 217 223 235 242 249 263 271
Total Noncurrent Assets
206 276 194 221 267 68 68 65 92 1,768
Long-Term Investments
8.80 8.20 7.40 7.40 7.40 6.83 6.77 5.91 5.91 5.91
Goodwill
8.70 8.70 8.70 8.70 8.70 8.73 8.73 8.73 8.73 8.73
Intangible Assets
- - - - - - - - - 28
Other Noncurrent Operating Assets
154 217 173 200 248 49 48 47 77 1,725
Total Liabilities & Shareholders' Equity
1,854 1,848 1,756 1,785 1,786 1,636 1,642 1,650 1,649 1,642
Total Liabilities
710 713 729 752 747 630 640 652 643 629
Total Current Liabilities
118 124 87 86 85 92 91 99 108 116
Accounts Payable
15 19 4.90 5.20 6.10 4.35 5.24 4.91 4.49 6.60
Accrued Expenses
103 106 82 80 78 87 86 94 104 109
Total Noncurrent Liabilities
592 588 642 667 663 538 549 553 535 513
Long-Term Debt
476 470 479 507 508 458 470 472 453 450
Noncurrent Deferred Revenue
69 71 72 72 72 72 71 72 75 10
Noncurrent Employee Benefit Liabilities
11 10 10 10 10 8.28 8.22 8.17 7.54 7.48
Other Noncurrent Operating Liabilities
37 37 2.90 2.00 2.00 - - - - 45
Commitments & Contingencies
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Total Equity & Noncontrolling Interests
1,136 1,127 1,020 1,024 1,029 1,006 1,002 998 1,005 1,013
Total Preferred & Common Equity
1,136 1,127 1,020 1,024 1,029 1,006 1,002 998 1,005 1,013
Total Common Equity
1,136 1,127 1,020 1,024 1,029 1,006 1,002 998 1,005 1,013
Common Stock
1,811 1,809 1,808 1,810 1,810 1,808 1,809 1,810 1,812 1,813
Retained Earnings
-677 -687 -785 -788 -790 -806 -813 -810 -809 -801
Accumulated Other Comprehensive Income / (Loss)
1.90 4.50 -2.20 1.50 8.60 3.98 5.21 -2.06 2.51 0.50

Annual Metrics And Ratios for Alexander & Baldwin

This table displays calculated financial ratios and metrics derived from Alexander & Baldwin's official financial filings.

Metric 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024
Period end date 12/31/2014 12/31/2015 12/31/2016 12/31/2017 12/31/2018 12/31/2019 12/31/2020 12/31/2021 12/31/2022 12/31/2023 12/31/2024
Growth Metrics
- - - - - - - - - - -
Revenue Growth
24.95% 3.62% -18.04% 9.81% 51.45% -32.46% -56.27% 33.47% -9.23% -9.42% 13.31%
EBITDA Growth
72.04% 8.64% 15.83% -59.52% 210.40% -92.34% 407.78% 45.40% -37.36% 27.83% 20.64%
EBIT Growth
115.63% 13.53% -42.66% -46.57% 507.99% -119.30% 225.15% 97.87% -53.15% 57.96% 33.67%
NOPAT Growth
226.55% -14.75% -15.13% 1,228.99% -81.77% -92.65% 387.03% 97.24% 166.97% -71.68% 23.19%
Net Income Growth
85.34% -51.78% -127.01% 2,844.05% -130.28% 44.99% 113.54% 588.46% -238.49% 166.48% 83.65%
EPS Growth
64.47% -51.78% -127.01% 2,511.11% -123.50% 1.96% 108.00% 500.00% -245.83% 158.57% 102.44%
Operating Cash Flow Growth
205.48% 219.55% -13.87% -101.17% 23,938.46% -49.14% -59.96% 96.83% -72.66% 97.59% 46.05%
Free Cash Flow Firm Growth
115.25% 43.94% -26.19% 272.21% -128.61% 235.14% -1,154.82% 214.46% -87.16% -29.75% -49.95%
Invested Capital Growth
-2.30% -6.09% -4.32% 18.51% 14.92% -8.19% 102.24% -53.92% -1.26% -7.04% -0.52%
Revenue Q/Q Growth
-23.92% -7.38% 29.17% 2.78% 37.84% -30.61% -54.46% 88.71% 44.91% -7.92% 4.20%
EBITDA Q/Q Growth
78.96% 61.84% 143.20% -39.74% 80.98% -85.35% 26.00% 25.94% -17.31% -7.01% 3.17%
EBIT Q/Q Growth
7.53% 1.62% -24.40% -41.34% 122.21% -151.06% 227.91% 43.81% -37.46% -10.76% 4.49%
NOPAT Q/Q Growth
-0.94% 10.75% -7.49% 1,627.42% -70.04% -79.91% -36.91% 44.50% 62.62% -6.55% 0.62%
Net Income Q/Q Growth
-16.02% -39.14% 59.81% 1,113.16% -125.10% 78.57% -42.86% 17.38% -252.09% 183.45% 34.85%
EPS Q/Q Growth
-18.83% -39.14% 59.81% 1,256.25% -126.56% 59.35% -93.39% -15.79% -433.33% 177.36% 31.75%
Operating Cash Flow Q/Q Growth
-45.70% -15.29% 78.78% -107.39% 279.78% -58.11% -30.51% 33.40% -48.55% -2.22% 0.85%
Free Cash Flow Firm Q/Q Growth
138.62% -15.31% 24.23% 4,322.81% -214.06% 140.50% -1,127.58% 1,876.77% 73.40% 188.20% -62.24%
Invested Capital Q/Q Growth
-3.51% -1.53% -3.40% 10.67% 5.35% -2.03% 109.71% -1.02% -2.10% -9.49% -0.52%
Profitability Metrics
- - - - - - - - - - -
Gross Margin
45.50% 47.80% 30.71% 29.02% 40.66% 16.45% 33.68% 46.89% 42.35% 48.99% 45.49%
EBITDA Margin
30.20% 31.66% 44.75% 16.50% 33.81% 3.84% 44.56% 48.54% 33.50% 47.27% 50.33%
Operating Margin
16.81% 19.88% 13.91% 6.77% 26.82% 2.92% 22.28% 33.62% 50.19% 30.95% 33.71%
EBIT Margin
18.15% 19.88% 13.91% 6.77% 27.17% -7.77% 22.23% 32.95% 17.01% 29.66% 34.99%
Profit (Net Income) Margin
14.14% 6.58% -2.17% 54.17% -10.83% -8.82% 2.73% 14.09% -21.50% 15.78% 25.58%
Tax Burden Percent
157.70% 31.45% -23.80% 2,328.28% 131.95% 98.71% 27.51% 47.48% -263.56% 80.70% 94.33%
Interest Burden Percent
49.40% 105.21% 65.49% 34.38% -30.21% 115.09% 44.68% 90.08% 47.98% 65.95% 77.52%
Effective Tax Rate
10.02% 37.41% 7.37% -2,204.04% 0.00% 0.00% -2.12% 0.00% -97.02% 0.09% 0.27%
Return on Invested Capital (ROIC)
4.53% 4.03% 3.61% 44.91% 7.02% 0.50% 1.69% 3.42% 14.56% 4.30% 5.51%
ROIC Less NNEP Spread (ROIC-NNEP)
3.17% -7.89% -34.87% -35.89% -17.29% -7.50% -0.96% -0.10% -40.15% -2.31% 1.19%
Return on Net Nonoperating Assets (RNNOA)
0.88% -1.50% -4.29% -20.43% -14.47% -3.77% -1.23% -0.13% -19.24% -1.08% 0.52%
Return on Equity (ROE)
5.41% 2.54% -0.68% 24.48% -7.44% -3.27% 0.46% 3.29% -4.68% 3.22% 6.03%
Cash Return on Invested Capital (CROIC)
6.86% 10.31% 8.03% 27.97% -6.87% 9.05% -65.96% 77.24% 15.82% 11.59% 6.04%
Operating Return on Assets (OROA)
3.60% 4.12% 2.45% 1.31% 7.86% -1.57% 2.05% 4.28% 2.14% 3.61% 4.99%
Return on Assets (ROA)
2.80% 1.36% -0.38% 10.51% -3.13% -1.78% 0.25% 1.83% -2.70% 1.92% 3.65%
Return on Common Equity (ROCE)
5.37% 2.51% -0.67% 24.12% -7.34% -3.23% 0.46% 3.27% -4.65% 3.21% 6.03%
Return on Equity Simple (ROE_SIMPLE)
5.36% 2.54% -0.69% 35.66% -5.80% -3.41% 0.47% 3.36% -4.79% 3.29% 6.03%
Net Operating Profit after Tax (NOPAT)
69 59 50 664 121 8.89 43 85 228 65 80
NOPAT Margin
15.12% 12.44% 12.89% 155.95% 18.77% 2.04% 22.75% 33.62% 98.89% 30.92% 33.62%
Net Nonoperating Expense Percent (NNEP)
1.36% 11.93% 38.48% 80.80% 24.31% 8.00% 2.65% 3.52% 54.71% 6.61% 4.33%
Return On Investment Capital (ROIC_SIMPLE)
- - - - - - - - 15.12% 4.40% 5.38%
Cost of Revenue to Revenue
54.50% 52.20% 69.29% 70.98% 59.34% 20.45% 66.32% 53.11% 57.65% 51.01% 54.51%
SG&A Expenses to Revenue
11.59% 10.91% 13.42% 15.61% 9.50% 13.53% 16.34% 14.41% 15.56% 16.29% 12.60%
R&D to Revenue
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Operating Expenses to Revenue
28.69% 27.92% 16.80% 22.26% 13.84% 13.53% 11.40% 13.27% -7.84% 18.04% 11.78%
Earnings before Interest and Taxes (EBIT)
83 94 54 29 175 -34 42 84 39 62 83
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)
138 150 173 70 218 17 85 123 77 99 119
Valuation Ratios
- - - - - - - - - - -
Price to Book Value (P/BV)
0.83 0.74 0.96 0.71 0.90 1.13 0.98 1.52 1.19 1.31 1.28
Price to Tangible Book Value (P/TBV)
0.96 0.85 1.10 0.93 1.00 1.23 1.04 1.53 1.25 1.32 1.30
Price to Revenue (P/Rev)
2.18 1.91 2.99 1.08 1.68 2.93 5.62 6.36 5.33 6.28 5.45
Price to Earnings (P/E)
16.20 30.47 0.00 2.02 0.00 0.00 190.84 45.65 0.00 43.98 21.28
Dividend Yield
0.83% 1.14% 1.06% 72.40% 0.00% 3.91% 2.30% 3.01% 4.90% 4.88% 5.03%
Earnings Yield
6.17% 3.28% 0.00% 49.56% 0.00% 0.00% 0.52% 2.19% 0.00% 2.27% 4.70%
Enterprise Value to Invested Capital (EV/IC)
0.86 0.77 0.96 0.40 0.94 1.09 0.46 1.32 1.07 1.21 1.20
Enterprise Value to Revenue (EV/Rev)
2.83 2.30 3.34 1.49 2.67 4.23 8.26 8.19 7.24 8.40 7.29
Enterprise Value to EBITDA (EV/EBITDA)
9.36 7.26 7.46 9.03 7.90 110.32 18.53 16.87 21.61 17.77 14.48
Enterprise Value to EBIT (EV/EBIT)
15.58 11.56 24.01 22.01 9.84 0.00 37.14 24.84 42.57 28.33 20.82
Enterprise Value to NOPAT (EV/NOPAT)
18.70 18.46 25.92 0.96 14.24 207.24 36.28 24.35 7.32 27.17 21.67
Enterprise Value to Operating Cash Flow (EV/OCF)
31.94 8.41 11.64 0.00 5.56 11.69 24.90 16.74 49.15 26.15 17.59
Enterprise Value to Free Cash Flow (EV/FCFF)
12.35 7.22 11.66 1.53 0.00 11.53 0.00 1.08 6.74 10.08 19.79
Leverage & Solvency
- - - - - - - - - - -
Debt to Equity
0.58 0.47 0.42 0.96 0.64 0.62 0.62 0.49 0.45 0.46 0.47
Long-Term Debt to Equity
0.52 0.40 0.39 0.89 0.64 0.62 0.62 0.49 0.45 0.46 0.47
Financial Leverage
0.28 0.19 0.12 0.57 0.84 0.50 1.28 1.30 0.48 0.47 0.44
Leverage Ratio
1.93 1.86 1.79 2.33 2.38 1.83 1.84 1.80 1.73 1.68 1.65
Compound Leverage Factor
0.95 1.96 1.17 0.80 -0.72 2.11 0.82 1.62 0.83 1.11 1.28
Debt to Total Capital
36.76% 32.15% 29.62% 48.92% 39.02% 38.30% 38.39% 33.09% 31.15% 31.63% 32.12%
Short-Term Debt to Total Capital
3.88% 4.95% 2.44% 3.57% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Long-Term Debt to Total Capital
32.88% 27.20% 27.18% 45.35% 39.02% 38.30% 38.39% 33.09% 31.15% 31.63% 32.12%
Preferred Equity to Total Capital
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Noncontrolling Interests to Total Capital
0.57% 0.83% 0.85% 0.98% 0.68% 0.54% 0.36% 0.43% 0.53% 0.00% 0.00%
Common Equity to Total Capital
62.68% 67.02% 69.54% 50.10% 60.30% 61.16% 61.24% 66.48% 68.32% 68.37% 67.88%
Debt to EBITDA
5.12 3.92 2.97 8.99 3.57 42.19 8.10 4.30 6.11 4.70 3.99
Net Debt to EBITDA
2.07 1.13 0.70 2.29 2.87 33.29 5.85 3.70 5.59 4.49 3.66
Long-Term Debt to EBITDA
4.58 3.32 2.73 8.34 3.57 42.19 8.10 4.30 6.11 4.70 3.99
Debt to NOPAT
10.23 9.98 10.32 0.95 6.43 79.26 15.87 6.22 2.07 7.19 5.97
Net Debt to NOPAT
4.12 2.88 2.45 0.24 5.17 62.54 11.45 5.35 1.89 6.87 5.47
Long-Term Debt to NOPAT
9.15 8.44 9.47 0.88 6.43 79.26 15.87 6.22 2.07 7.19 5.97
Altman Z-Score
0.91 0.94 1.05 -0.24 0.92 0.60 0.46 1.03 0.55 0.81 0.82
Noncontrolling Interest Sharing Ratio
0.83% 1.06% 1.21% 1.46% 1.40% 1.00% 0.73% 0.62% 0.70% 0.39% 0.00%
Liquidity Ratios
- - - - - - - - - - -
Current Ratio
0.92 0.83 0.84 0.30 2.05 1.73 1.81 1.57 0.70 1.37 1.42
Quick Ratio
0.33 0.37 0.39 0.11 1.01 0.74 0.91 0.78 0.21 0.38 0.45
Cash Flow Metrics
- - - - - - - - - - -
Free Cash Flow to Firm (FCFF)
105 150 111 413 -118 160 -1,686 1,929 248 174 87
Operating Cash Flow to CapEx
61.59% 0.00% 0.00% 0.00% 0.00% 487.93% 0.00% 454.95% 0.00% 367.69% 4,909.37%
Free Cash Flow to Firm to Interest Expense
3.60 5.13 3.97 16.14 -3.35 4.83 -55.81 73.64 11.27 7.58 3.76
Operating Cash Flow to Interest Expense
1.39 4.41 3.97 -0.05 8.78 4.76 2.09 4.74 1.54 2.92 4.23
Operating Cash Flow Less CapEx to Interest Expense
-0.87 4.52 5.94 0.53 12.10 3.79 2.17 3.70 3.88 2.13 4.14
Efficiency Ratios
- - - - - - - - - - -
Asset Turnover
0.20 0.21 0.18 0.19 0.29 0.20 0.09 0.13 0.13 0.12 0.14
Accounts Receivable Turnover
9.51 9.10 7.50 10.30 9.17 4.68 2.78 7.33 26.05 14.06 11.74
Inventory Turnover
2.95 3.52 5.36 4.21 6.08 3.77 6.46 0.00 0.00 0.00 0.00
Fixed Asset Turnover
0.30 0.32 0.27 0.31 0.52 0.33 0.12 0.17 0.00 0.00 0.16
Accounts Payable Turnover
7.09 6.75 7.60 7.69 9.87 3.42 9.14 20.44 33.65 20.60 24.87
Days Sales Outstanding (DSO)
38.40 40.11 48.70 35.43 39.79 77.91 131.48 49.79 14.01 25.95 31.08
Days Inventory Outstanding (DIO)
123.57 103.75 68.11 86.78 60.04 96.79 56.54 0.00 0.00 0.00 0.00
Days Payable Outstanding (DPO)
51.51 54.05 48.05 47.44 36.99 106.63 39.91 17.86 10.85 17.72 14.68
Cash Conversion Cycle (CCC)
110.46 89.80 68.75 74.77 62.84 68.07 148.11 31.93 3.16 8.23 16.40
Capital & Investment Metrics
- - - - - - - - - - -
Invested Capital
1,505 1,414 1,352 1,603 1,842 1,691 3,420 1,576 1,556 1,447 1,439
Invested Capital Turnover
0.30 0.32 0.28 0.29 0.37 0.25 0.07 0.10 0.15 0.14 0.16
Increase / (Decrease) in Invested Capital
-36 -92 -61 250 239 -151 1,729 -1,844 -20 -109 -7.57
Enterprise Value (EV)
1,290 1,086 1,294 634 1,722 1,842 1,571 2,080 1,669 1,755 1,724
Market Capitalization
995 902 1,157 461 1,083 1,276 1,069 1,616 1,230 1,311 1,289
Book Value per Share
$24.69 $25.04 $24.67 $13.14 $16.70 $15.57 $15.15 $14.71 $14.28 $13.83 $13.82
Tangible Book Value per Share
$21.28 $21.83 $21.49 $10.11 $14.96 $14.32 $14.15 $14.59 $13.56 $13.71 $13.70
Total Capital
1,921 1,826 1,739 1,290 1,994 1,840 1,790 1,604 1,516 1,467 1,478
Total Debt
706 587 515 631 778 705 687 531 472 464 475
Total Long-Term Debt
632 497 473 585 778 705 687 531 472 464 475
Net Debt
285 169 122 161 626 556 496 457 431 444 435
Capital Expenditures (CapEx)
66 -3.40 -55 -15 -117 32 -2.30 27 -51 18 2.00
Debt-free, Cash-free Net Working Capital (DFCFNWC)
56 57 13 -675 110 79 45 -8.80 -90 23 14
Debt-free Net Working Capital (DFNWC)
59 58 16 -606 122 94 103 57 -57 37 47
Net Working Capital (NWC)
-15 -32 -27 -652 122 94 103 57 -57 37 47
Net Nonoperating Expense (NNE)
4.51 28 58 433 191 47 38 50 278 32 19
Net Nonoperating Obligations (NNO)
290 175 128 944 626 556 2,317 502 512 444 435
Total Depreciation and Amortization (D&A)
55 56 120 41 43 51 43 40 38 37 36
Debt-free, Cash-free Net Working Capital to Revenue
12.34% 12.03% 3.46% -158.61% 17.12% 18.04% 23.86% -3.46% -39.04% 11.16% 5.74%
Debt-free Net Working Capital to Revenue
12.95% 12.31% 4.03% -142.42% 18.89% 21.53% 53.91% 22.28% -24.59% 17.63% 19.87%
Net Working Capital to Revenue
-3.38% -6.81% -6.92% -153.23% 18.89% 21.53% 53.91% 22.28% -24.59% 17.63% 19.87%
Earnings Adjustments
- - - - - - - - - - -
Adjusted Basic Earnings per Share
$3.05 $1.31 ($0.44) $4.68 ($1.02) ($0.51) $0.08 $0.98 ($0.70) $0.41 $0.83
Adjusted Weighted Average Basic Shares Outstanding
20.10M 20.19M 20.23M 49.20M 70.60M 72.20M 72.30M 72.50M 72.60M 72.60M 72.61M
Adjusted Diluted Earnings per Share
$3.03 $1.31 ($0.44) $4.34 ($1.02) ($0.51) $0.08 $0.98 ($0.70) $0.41 $0.83
Adjusted Weighted Average Diluted Shares Outstanding
20.35M 20.35M 20.39M 53M 70.60M 72.20M 72.40M 72.60M 72.80M 72.80M 72.75M
Adjusted Basic & Diluted Earnings per Share
$0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding
20.16M 20.21M 20.26M 71.95M 72.09M 72.31M 72.47M 72.68M 72.59M 72.59M 72.71M
Normalized Net Operating Profit after Tax (NOPAT)
69 59 61 36 177 8.89 23 60 43 68 78
Normalized NOPAT Margin
15.12% 12.44% 15.68% 8.42% 27.40% 2.04% 12.32% 23.51% 18.75% 32.67% 32.82%
Pre Tax Income Margin
8.96% 20.92% 9.11% 2.33% -8.21% -8.94% 9.93% 29.69% 8.16% 19.56% 27.12%
Debt Service Ratios
- - - - - - - - - - -
EBIT to Interest Expense
2.86 3.21 1.93 1.13 4.96 -1.02 1.40 3.19 1.78 2.70 3.57
NOPAT to Interest Expense
2.38 2.01 1.78 25.92 3.43 0.27 1.43 3.26 10.37 2.81 3.43
EBIT Less CapEx to Interest Expense
0.59 3.32 3.89 1.70 8.28 -2.00 1.48 2.15 4.12 1.90 3.49
NOPAT Less CapEx to Interest Expense
0.12 2.12 3.75 26.50 6.75 -0.71 1.51 2.22 12.71 2.02 3.35
Payout Ratios
- - - - - - - - - - -
Dividend Payout Ratio
13.18% 36.66% -163.10% 4.69% -225.36% -130.99% 265.38% 130.17% -116.43% 194.96% 107.34%
Augmented Payout Ratio
14.57% 40.19% -163.10% 7.81% -227.51% -133.59% 276.92% 133.80% -131.08% 211.35% 112.27%

Quarterly Metrics And Ratios for Alexander & Baldwin

This table displays calculated financial ratios and metrics derived from Alexander & Baldwin's official financial filings.

Metric Q4 2022 Q1 2023 Q2 2023 Q3 2023 Q4 2023 Q1 2024 Q2 2024 Q3 2024 Q4 2024 Q1 2025 Q2 2025
Period end date 12/31/2022 3/31/2023 6/30/2023 9/30/2023 12/31/2023 3/31/2024 6/30/2024 9/30/2024 12/31/2024 3/31/2025 6/30/2025
Growth Metrics
- - - - - - - - - - -
Revenue Growth
11,908.83% -14.88% 3.95% 6.27% -25.42% 21.46% -3.90% 18.00% 18.18% -12.20% 1.28%
EBITDA Growth
-34.11% -1.91% 835.52% 35.23% -23.95% 40.57% 1.79% 21.04% 15.32% 1.13% 51.71%
EBIT Growth
-51.62% 1.90% 326.85% 64.73% -33.97% 67.91% 4.09% 33.77% 24.25% 0.83% 73.33%
NOPAT Growth
-53.09% -17.23% -65.12% 60.25% -20.92% 67.06% -0.41% 29.38% 2.98% 1.02% 75.21%
Net Income Growth
-1,284.06% -51.75% 78.50% 133.81% 95.73% 276.45% -39.26% 19.53% 484.28% 7.26% 175.89%
EPS Growth
-1,300.00% -50.00% 260.00% 122.22% 95.92% 300.00% -27.78% 30.00% 500.00% 3.57% 169.23%
Operating Cash Flow Growth
-56.22% -24.51% 156.18% 314.39% -5.92% 191.44% 501.51% 2.66% 3.57% 61.86% -26.04%
Free Cash Flow Firm Growth
-97.80% -91.89% -115.84% -37.69% 205.08% 3,803.84% 4,040.13% 1,995.36% -80.06% -107.89% -115.30%
Invested Capital Growth
-1.26% 0.58% 1.41% 0.55% -7.04% -11.53% -14.11% -9.49% -0.52% 2.90% 4.74%
Revenue Q/Q Growth
43.43% -28.83% 5.41% -1.17% 0.66% 15.82% -16.59% 21.35% 0.81% -13.95% -3.79%
EBITDA Q/Q Growth
60.17% -25.18% 8.20% 4.40% -9.92% 38.16% -24.57% 24.14% -14.18% 21.16% 15.10%
EBIT Q/Q Growth
111.64% -35.62% 13.71% 6.37% -15.16% 63.64% -33.07% 36.70% -21.20% 32.80% 17.33%
NOPAT Q/Q Growth
104.90% -34.39% 13.54% 5.09% 1.10% 38.48% -32.31% 36.52% -19.52% 35.83% 17.40%
Net Income Q/Q Growth
-1,214.41% 107.01% 182.48% 6.04% -120.37% 717.11% -54.42% 108.65% -34.52% 72.25% 17.24%
EPS Q/Q Growth
-1,188.89% 107.14% 157.14% 11.11% -120.00% 800.00% -53.57% 100.00% -38.46% 81.25% 20.69%
Operating Cash Flow Q/Q Growth
200.67% -77.96% -32.72% 827.56% -31.74% -31.59% 38.87% 58.31% -31.13% 6.91% -36.55%
Free Cash Flow Firm Q/Q Growth
212.17% -87.38% -217.18% 235.06% 1,428.50% 61.39% 18.27% -28.18% -85.45% -163.84% -129.36%
Invested Capital Q/Q Growth
-2.10% 0.67% 2.13% -0.11% -9.49% -4.20% -0.84% 5.26% -0.52% -0.91% 0.94%
Profitability Metrics
- - - - - - - - - - -
Gross Margin
42.25% 43.37% 49.09% 48.00% 55.22% 50.65% 41.85% 47.62% 41.29% 49.64% 45.62%
EBITDA Margin
44.08% 46.33% 47.55% 50.23% 44.95% 53.62% 50.37% 51.53% 43.86% 61.76% 73.88%
Operating Margin
30.65% 28.27% 30.44% 32.36% 32.61% 38.86% 31.80% 35.62% 28.32% 44.63% 54.42%
EBIT Margin
31.07% 28.11% 30.32% 32.64% 27.50% 38.86% 32.84% 37.00% 28.92% 44.63% 54.42%
Profit (Net Income) Margin
-106.95% 10.53% 28.23% 30.29% -6.13% 32.65% 17.84% 30.68% 19.93% 39.88% 48.60%
Tax Burden Percent
-473.27% 55.81% 138.96% 132.44% -37.92% 98.74% 76.98% 98.06% 97.76% 100.84% 100.15%
Interest Burden Percent
72.75% 67.15% 66.99% 70.07% 58.75% 85.09% 70.58% 84.56% 70.48% 88.63% 89.17%
Effective Tax Rate
0.00% 0.05% 0.02% 0.00% 0.33% 0.00% 0.84% 0.39% 0.00% -0.18% -0.24%
Return on Invested Capital (ROIC)
4.51% 4.01% 4.28% 4.60% 4.52% 5.78% 4.62% 5.29% 4.65% 7.29% 8.91%
ROIC Less NNEP Spread (ROIC-NNEP)
-14.70% 2.26% 4.05% 4.39% 0.25% 4.95% 3.13% 4.70% 3.45% 6.64% 8.14%
Return on Net Nonoperating Assets (RNNOA)
-7.05% 1.09% 1.86% 2.05% 0.12% 2.24% 1.44% 2.33% 1.51% 2.64% 3.23%
Return on Equity (ROE)
-2.53% 5.10% 6.15% 6.65% 4.64% 8.02% 6.06% 7.62% 6.16% 9.93% 12.14%
Cash Return on Invested Capital (CROIC)
15.82% 6.64% 2.54% 3.79% 11.59% 17.26% 20.16% 15.16% 6.04% 2.82% 1.90%
Operating Return on Assets (OROA)
3.91% 3.45% 3.73% 4.07% 3.35% 5.03% 4.17% 4.89% 4.13% 6.23% 7.62%
Return on Assets (ROA)
-13.45% 1.29% 3.47% 3.78% -0.75% 4.23% 2.27% 4.06% 2.84% 5.57% 6.80%
Return on Common Equity (ROCE)
-2.52% 5.07% 6.10% 6.60% 4.62% 7.99% 6.03% 7.58% 6.16% 9.93% 12.14%
Return on Equity Simple (ROE_SIMPLE)
0.00% -5.41% -4.75% -3.84% 0.00% 4.73% 4.17% 4.50% 0.00% 6.17% 7.70%
Net Operating Profit after Tax (NOPAT)
22 14 16 17 17 24 16 22 18 24 28
NOPAT Margin
30.65% 28.25% 30.43% 32.36% 32.50% 38.86% 31.54% 35.48% 28.32% 44.71% 54.55%
Net Nonoperating Expense Percent (NNEP)
19.22% 1.75% 0.23% 0.21% 4.27% 0.83% 1.49% 0.59% 1.19% 0.65% 0.77%
Return On Investment Capital (ROIC_SIMPLE)
1.44% - - - 1.17% 1.62% - - 1.20% 1.65% 1.93%
Cost of Revenue to Revenue
57.75% 56.63% 50.91% 52.00% 44.78% 49.35% 58.15% 52.38% 58.71% 50.36% 54.38%
SG&A Expenses to Revenue
11.53% 17.32% 18.66% 14.41% 14.81% 11.83% 14.21% 12.00% 12.64% 13.01% 13.57%
R&D to Revenue
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Operating Expenses to Revenue
11.59% 15.11% 18.66% 15.64% 22.61% 11.79% 10.04% 12.00% 12.97% 5.01% -8.80%
Earnings before Interest and Taxes (EBIT)
22 14 16 17 15 24 17 23 18 24 28
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)
31 23 25 26 24 33 26 32 27 33 38
Valuation Ratios
- - - - - - - - - - -
Price to Book Value (P/BV)
1.19 1.26 1.25 1.12 1.31 1.13 1.23 1.40 1.28 1.25 1.28
Price to Tangible Book Value (P/TBV)
1.25 1.27 1.26 1.13 1.32 1.14 1.24 1.41 1.30 1.26 1.33
Price to Revenue (P/Rev)
5.33 5.81 5.73 5.10 6.28 5.18 5.66 6.14 5.45 5.47 5.64
Price to Earnings (P/E)
0.00 0.00 0.00 0.00 43.98 25.58 30.61 31.28 21.28 20.21 16.62
Dividend Yield
4.90% 4.85% 4.99% 5.53% 4.88% 5.65% 5.23% 4.64% 5.03% 5.19% 5.03%
Earnings Yield
0.00% 0.00% 0.00% 0.00% 2.27% 3.91% 3.27% 3.20% 4.70% 4.95% 6.02%
Enterprise Value to Invested Capital (EV/IC)
1.07 1.12 1.11 1.03 1.21 1.13 1.21 1.27 1.20 1.17 1.20
Enterprise Value to Revenue (EV/Rev)
7.24 7.92 7.96 7.29 8.40 7.16 7.65 8.11 7.29 7.30 7.50
Enterprise Value to EBITDA (EV/EBITDA)
21.61 22.89 17.94 15.58 17.77 14.19 15.15 15.96 14.48 14.37 13.31
Enterprise Value to EBIT (EV/EBIT)
42.57 44.52 28.42 23.83 28.33 21.20 22.67 23.26 20.82 20.93 18.75
Enterprise Value to NOPAT (EV/NOPAT)
7.32 15.58 28.40 23.93 27.17 21.21 22.47 23.31 21.67 20.97 18.75
Enterprise Value to Operating Cash Flow (EV/OCF)
49.15 54.54 41.89 24.10 26.15 20.25 17.30 18.97 17.59 15.51 16.87
Enterprise Value to Free Cash Flow (EV/FCFF)
6.74 16.93 44.08 27.38 10.08 6.17 5.55 7.99 19.79 42.21 64.51
Leverage & Solvency
- - - - - - - - - - -
Debt to Equity
0.45 0.47 0.49 0.49 0.46 0.45 0.47 0.47 0.47 0.45 0.44
Long-Term Debt to Equity
0.45 0.47 0.49 0.49 0.46 0.45 0.47 0.47 0.47 0.45 0.44
Financial Leverage
0.48 0.48 0.46 0.47 0.47 0.45 0.46 0.49 0.44 0.40 0.40
Leverage Ratio
1.73 1.72 1.67 1.67 1.68 1.67 1.68 1.69 1.65 1.63 1.63
Compound Leverage Factor
1.26 1.15 1.12 1.17 0.99 1.42 1.19 1.43 1.17 1.45 1.45
Debt to Total Capital
31.15% 31.80% 32.92% 32.83% 31.63% 31.26% 31.93% 32.11% 32.12% 31.06% 30.77%
Short-Term Debt to Total Capital
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Long-Term Debt to Total Capital
31.15% 31.80% 32.92% 32.83% 31.63% 31.26% 31.93% 32.11% 32.12% 31.06% 30.77%
Preferred Equity to Total Capital
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Noncontrolling Interests to Total Capital
0.53% 0.50% 0.60% 0.63% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Common Equity to Total Capital
68.32% 67.69% 66.48% 66.54% 68.37% 68.74% 68.07% 67.89% 67.88% 68.94% 69.23%
Debt to EBITDA
6.11 6.24 5.10 4.78 4.70 4.13 4.28 4.09 3.99 3.89 3.48
Net Debt to EBITDA
5.59 6.01 4.95 4.60 4.49 3.93 3.95 3.88 3.66 3.61 3.29
Long-Term Debt to EBITDA
6.11 6.24 5.10 4.78 4.70 4.13 4.28 4.09 3.99 3.89 3.48
Debt to NOPAT
2.07 4.25 8.08 7.35 7.19 6.17 6.34 5.97 5.97 5.67 4.90
Net Debt to NOPAT
1.89 4.09 7.83 7.07 6.87 5.87 5.85 5.67 5.47 5.27 4.64
Long-Term Debt to NOPAT
2.07 4.25 8.08 7.35 7.19 6.17 6.34 5.97 5.97 5.67 4.90
Altman Z-Score
0.52 0.60 0.57 0.49 0.72 0.61 0.67 0.81 0.69 0.69 0.77
Noncontrolling Interest Sharing Ratio
0.70% 0.71% 0.78% 0.82% 0.39% 0.37% 0.45% 0.48% 0.00% 0.00% 0.00%
Liquidity Ratios
- - - - - - - - - - -
Current Ratio
0.70 1.29 1.24 1.44 1.37 1.47 1.59 1.37 1.42 1.33 1.25
Quick Ratio
0.21 0.22 0.17 0.23 0.38 0.34 0.47 0.31 0.45 0.34 0.27
Cash Flow Metrics
- - - - - - - - - - -
Free Cash Flow to Firm (FCFF)
42 5.24 -6.14 8.29 127 204 242 174 25 -16 -37
Operating Cash Flow to CapEx
233.36% 401.38% 130.38% 565.32% 295.48% 450.90% 505.99% 913.09% 0.00% 3,708.56% 345.23%
Free Cash Flow to Firm to Interest Expense
7.85 1.04 -1.05 1.36 21.15 48.18 40.78 30.57 4.17 -2.80 -6.56
Operating Cash Flow to Interest Expense
4.72 1.09 0.63 5.66 3.92 3.79 3.76 6.22 4.02 4.52 2.93
Operating Cash Flow Less CapEx to Interest Expense
2.70 0.82 0.15 4.66 2.59 2.95 3.02 5.54 5.65 4.40 2.08
Efficiency Ratios
- - - - - - - - - - -
Asset Turnover
0.13 0.12 0.12 0.12 0.12 0.13 0.13 0.13 0.14 0.14 0.14
Accounts Receivable Turnover
26.05 21.01 36.98 0.00 14.06 18.77 21.80 22.82 11.74 17.24 17.35
Inventory Turnover
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Fixed Asset Turnover
0.00 0.15 0.15 0.16 0.00 0.16 0.15 0.16 0.16 0.16 0.00
Accounts Payable Turnover
33.65 14.17 12.57 10.06 20.60 23.39 21.25 21.08 24.87 28.47 20.99
Days Sales Outstanding (DSO)
14.01 17.37 9.87 0.00 25.95 19.45 16.74 16.00 31.08 21.18 21.03
Days Inventory Outstanding (DIO)
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Days Payable Outstanding (DPO)
10.85 25.76 29.04 36.27 17.72 15.60 17.18 17.31 14.68 12.82 17.39
Cash Conversion Cycle (CCC)
3.16 -8.39 -19.17 -36.27 8.23 3.85 -0.44 -1.31 16.40 8.36 3.65
Capital & Investment Metrics
- - - - - - - - - - -
Invested Capital
1,556 1,567 1,600 1,598 1,447 1,386 1,374 1,447 1,439 1,426 1,439
Invested Capital Turnover
0.15 0.14 0.14 0.14 0.14 0.15 0.15 0.15 0.16 0.16 0.16
Increase / (Decrease) in Invested Capital
-20 9.00 22 8.70 -109 -181 -226 -152 -7.57 40 65
Enterprise Value (EV)
1,669 1,757 1,781 1,654 1,755 1,572 1,665 1,843 1,724 1,674 1,723
Market Capitalization
1,230 1,288 1,281 1,156 1,311 1,137 1,231 1,394 1,289 1,253 1,296
Book Value per Share
$14.28 $14.05 $14.10 $14.17 $13.83 $13.86 $13.80 $13.74 $13.82 $13.82 $13.93
Tangible Book Value per Share
$13.56 $13.93 $13.98 $14.05 $13.71 $13.74 $13.68 $13.62 $13.70 $13.70 $13.42
Total Capital
1,516 1,507 1,540 1,546 1,467 1,464 1,471 1,470 1,478 1,458 1,463
Total Debt
472 479 507 508 464 458 470 472 475 453 450
Total Long-Term Debt
472 479 507 508 464 458 470 472 475 453 450
Net Debt
431 461 491 488 444 435 434 448 435 421 426
Capital Expenditures (CapEx)
11 1.37 2.84 6.08 7.95 3.56 4.41 3.87 -9.84 0.70 4.78
Debt-free, Cash-free Net Working Capital (DFCFNWC)
-90 14 12 25 23 27 24 18 14 9.94 11
Debt-free Net Working Capital (DFNWC)
-57 25 20 37 37 43 53 36 47 36 29
Net Working Capital (NWC)
-57 25 20 37 37 43 53 36 47 36 29
Net Nonoperating Expense (NNE)
97 8.93 1.17 1.09 20 3.80 6.99 2.97 5.24 2.59 3.08
Net Nonoperating Obligations (NNO)
512 539 567 560 444 380 373 448 435 421 426
Total Depreciation and Amortization (D&A)
9.22 9.18 9.15 9.24 9.22 9.03 8.95 9.00 9.33 9.21 10
Debt-free, Cash-free Net Working Capital to Revenue
-39.04% 6.32% 5.36% 11.20% 11.16% 12.50% 10.93% 8.12% 5.74% 4.34% 4.90%
Debt-free Net Working Capital to Revenue
-24.59% 11.14% 9.03% 16.40% 17.63% 19.64% 24.50% 16.01% 19.87% 15.71% 12.73%
Net Working Capital to Revenue
-24.59% 11.14% 9.03% 16.40% 17.63% 19.64% 24.50% 16.01% 19.87% 15.71% 12.73%
Earnings Adjustments
- - - - - - - - - - -
Adjusted Basic Earnings per Share
($0.99) $0.07 $0.18 $0.20 ($0.04) $0.28 $0.13 $0.26 $0.16 $0.29 $0.35
Adjusted Weighted Average Basic Shares Outstanding
72.64M 72.50M 72.60M 72.60M 72.56M 72.55M 72.62M 72.63M 72.61M 72.68M 72.74M
Adjusted Diluted Earnings per Share
($0.98) $0.07 $0.18 $0.20 ($0.04) $0.28 $0.13 $0.26 $0.16 $0.29 $0.35
Adjusted Weighted Average Diluted Shares Outstanding
72.79M 72.60M 72.80M 72.80M 72.78M 72.67M 72.69M 72.82M 72.75M 72.82M 72.87M
Adjusted Basic & Diluted Earnings per Share
$0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding
72.59M 72.59M 72.63M 72.54M 72.59M 72.59M 72.62M 72.63M 72.71M 72.71M 72.75M
Normalized Net Operating Profit after Tax (NOPAT)
15 13 16 12 17 17 14 22 12 17 12
Normalized NOPAT Margin
21.46% 26.04% 30.43% 23.52% 32.51% 27.18% 27.41% 35.48% 19.83% 30.99% 22.44%
Pre Tax Income Margin
22.60% 18.87% 20.31% 22.87% 16.16% 33.07% 23.18% 31.28% 20.38% 39.55% 48.53%
Debt Service Ratios
- - - - - - - - - - -
EBIT to Interest Expense
4.16 2.81 2.75 2.82 2.43 5.61 2.83 4.03 2.98 4.17 4.99
NOPAT to Interest Expense
4.10 2.82 2.76 2.80 2.87 5.61 2.72 3.87 2.92 4.18 5.00
EBIT Less CapEx to Interest Expense
2.14 2.54 2.26 1.82 1.10 4.77 2.08 3.35 4.61 4.05 4.14
NOPAT Less CapEx to Interest Expense
2.08 2.55 2.27 1.79 1.54 4.77 1.97 3.19 4.55 4.06 4.16
Payout Ratios
- - - - - - - - - - -
Dividend Payout Ratio
-116.43% -113.66% -132.17% -162.66% 194.96% 102.19% 116.54% 108.87% 107.34% 104.95% 83.70%
Augmented Payout Ratio
-131.08% -127.23% -146.77% -177.54% 211.35% 113.41% 129.31% 119.21% 112.27% 108.00% 86.30%

Key Financial Trends

Alexander & Baldwin (NYSE: ALEX) Financial Performance Overview (Q2 2022 - Q2 2025):

Over the last four years, Alexander & Baldwin has shown notable trends in revenue, profitability, cash flow, and balance sheet metrics. Below is a summary of key points highlighting the company's financial trajectory and stability factors:

  • Revenue Growth: Operating revenue increased from $51.1 million in Q2 2022 to $51.7 million in Q2 2025, showing relative stability and moderate growth with quarterly fluctuations.
  • Profitability Improvement: Consolidated net income improved significantly from a loss of $71.7 million in Q4 2022 (including large discontinued operation losses) to a positive $25.1 million in Q2 2025, reflecting a strong operational turnaround.
  • Strong Operating Cash Flow: Net cash from continuing operating activities consistently remained positive above $16 million in recent quarters (Q2 2025: $16.6 million), indicating solid cash generation from core business.
  • Dividend Payments: The company sustained dividend payments consistently, with quarterly dividends around $0.22 to $0.35 per share, signaling confidence in cash flow and shareholder returns.
  • Gross Profit Stability: Gross profit generally hovered around $21 million to $30 million quarterly, supporting operational earnings despite cost pressures.
  • Capital Expenditures: Purchase of property, plant & equipment ranged from $3 to $9 million quarterly, reflecting ongoing investment but manageable capex relative to cash flows.
  • Debt Levels: Long-term debt remained high, around $450 million to $510 million, with active repayments and issuances. The debt servicing costs (interest expense of ~$5.6 million per quarter) remain a significant expense.
  • Share Repurchases: Periodic share repurchases occurred but at modest levels (e.g., $136,000 in Q2 2025), indicating a conservative approach to buybacks.
  • Discontinued Operations Impact: Large losses related to discontinued operations were significant in some quarters (e.g., -$87.9 million in Q4 2022), which greatly affected net income negatively in those periods.
  • Volatile Equity Position: Retained earnings were deeply negative ($-800 million range), reflecting accumulated losses, which offsets substantial common stock equity, suggesting accumulated historical challenges impacting book value.

Summary: Alexander & Baldwin has navigated through a challenging period with heavy discontinued operation losses in 2022 but has steadily improved profitability and cash flow through 2023 to mid-2025. The company's operating revenue and gross profit have remained fairly stable, and positive cash flow from continuing operations supports dividend payments and capital reinvestment. However, the balance sheet shows elevated long-term debt and negative retained earnings, which investors should monitor carefully. The steady reduction in losses and positive net income in recent quarters are encouraging signs for ongoing operational recovery and shareholder value preservation.

08/09/25 09:51 AMAI Generated. May Contain Errors.

Frequently Asked Questions About Alexander & Baldwin's Financials

When does Alexander & Baldwin's financial year end?

According to the most recent income statement we have on file, Alexander & Baldwin's fiscal year ends in December. Their fiscal year 2024 ended on December 31, 2024.

How has Alexander & Baldwin's net income changed over the last 10 years?

Alexander & Baldwin's net income appears to be on a downward trend, with a most recent value of $60.54 million in 2024, falling from $64.50 million in 2014. The previous period was $32.96 million in 2023. View Alexander & Baldwin's forecast to see where analysts expect Alexander & Baldwin to go next.

What is Alexander & Baldwin's operating income?
Alexander & Baldwin's total operating income in 2024 was $79.77 million, based on the following breakdown:
  • Total Gross Profit: $107.65 million
  • Total Operating Expenses: $27.88 million
How has Alexander & Baldwin's revenue changed over the last 10 years?

Over the last 10 years, Alexander & Baldwin's total revenue changed from $456.30 million in 2014 to $236.64 million in 2024, a change of -48.1%.

How much debt does Alexander & Baldwin have?

Alexander & Baldwin's total liabilities were at $666.89 million at the end of 2024, a 3.7% increase from 2023, and a 39.7% decrease since 2014.

How much cash does Alexander & Baldwin have?

In the past 10 years, Alexander & Baldwin's cash and equivalents has ranged from $1.30 million in 2015 to $68.90 million in 2017, and is currently $33.44 million as of their latest financial filing in 2024.

How has Alexander & Baldwin's book value per share changed over the last 10 years?

Over the last 10 years, Alexander & Baldwin's book value per share changed from 24.69 in 2014 to 13.82 in 2024, a change of -44.0%.



This page (NYSE:ALEX) was last updated on 8/9/2025 by MarketBeat.com Staff
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