Alexander & Baldwin, Inc. (ALEX)

Alexander & Baldwin Income Statement

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Rental Revenue	201.88	197.37	193.97	187.22	174.1	151.6
Other Revenue	24.19	43.83	16.74	44.92	97.8	45.5
Total Revenue	226.06	241.2	210.72	232.15	271.9	197.1
Revenue Growth (YoY	-2.08%	14.47%	-9.23%	-14.62%	37.95%	-55.25%
Property Expenses	119.39	129	106.53	132.92	134.9	126.2
Selling, General & Administrative	27.98	29.82	34.03	35.87	36.6	31.1
Other Operating Expenses	0.41	0.43	0.53	0.62	3	2.6
Total Operating Expenses	147.78	159.24	141.09	169.41	174.5	159.9
Operating Income	78.28	81.95	69.63	62.74	97.4	37.2
Interest Expense	-23.67	-19.49	-22.96	-21.99	-26.2	-30.2
Interest & Investment Income	1.09	2.19	0.43	0.28	1	1.6
Other Non-Operating Income	0.01	-0.07	-2.6	0.74	0.3	0.9
EBT Excluding Unusual Items	55.71	64.58	44.5	41.77	72.5	9.5
Gain (Loss) on Sale of Investments	-0.41	-	-	-	-	-
Gain (Loss) on Sale of Assets	18.47	2.2	1.11	53.95	2.9	9.4
Asset Writedown	-0.26	-0.26	-4.77	-	-	-
Other Unusual Items	-	-2.35	-	-76.91	-	-
Pretax Income	73.53	64.18	40.85	18.81	75.4	18.9
Income Tax Expense	-0.02	0.17	0.04	-18.25	-	-0.4
Earnings From Continuing Operations	73.55	64	40.81	37.06	75.4	19.3
Earnings From Discontinued Operations	-0.21	-3.47	-11	-87.72	-40	-13.7
Net Income to Company	73.34	60.54	29.81	-50.66	35.4	5.6
Net Income	73.34	60.54	29.81	-50.66	35.4	5.6
Preferred Dividends & Other Adjustments	0.01	0.02	0.11	0.19	0.3	0.1
Net Income to Common	73.34	60.51	29.71	-50.85	35.1	5.5
Net Income Growth	64.49%	103.06%	-	-	532.14%	-
Basic Shares Outstanding	73	73	73	73	73	72
Diluted Shares Outstanding	73	73	73	73	73	72
Shares Change (YoY)	0.21%	-0.03%	-0.01%	0.26%	0.28%	0.28%
EPS (Basic)	1.01	0.83	0.41	-0.70	0.48	0.08
EPS (Diluted)	1.01	0.83	0.41	-0.71	0.48	0.08
EPS Growth	65.09%	103.57%	-	-	529.72%	-
Dividend Per Share	0.899	0.892	0.882	0.830	0.670	0.340
Dividend Growth	1.01%	1.13%	6.33%	23.88%	97.06%	-50.72%
Operating Margin	34.63%	33.98%	33.04%	27.02%	35.82%	18.87%
Profit Margin	32.44%	25.09%	14.10%	-21.90%	12.91%	2.79%
EBITDA	116.52	118.27	106.42	100.76	137	79.7
EBITDA Margin	51.54%	49.03%	50.50%	43.40%	50.39%	40.44%
D&A For Ebitda	38.25	36.31	36.79	38.02	39.6	42.5
EBIT	78.28	81.95	69.63	62.74	97.4	37.2
EBIT Margin	34.63%	33.98%	33.04%	27.02%	35.82%	18.87%
Funds From Operations (FFO)	104.86	100.01	79.38	-	-	58.8
FFO Per Share	1.44	1.37	1.09	-	-	0.81
Adjusted Funds From Operations (AFFO)	-	80.06	63.6	-	-	58.8
AFFO Per Share	-	1.10	0.87	-	-	0.81
FFO Payout Ratio	62.45%	64.98%	80.96%	-	-	23.47%
Effective Tax Rate	-	0.27%	0.09%	-	-	-
Revenue as Reported	218.14	236.64	208.84	230.55	254	190.3

Updated Sep 30, 2025. Source: S&P Global Market Intelligence. Real Estate template. Financial Sources.

SEC Filings: 10-K · 10-Q