Alexander & Baldwin, Inc. (ALEX) quarterly income statement — complete revenue, gross profit & net income history
| Metric | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 | Q3'21 | Q2'21 | Q1'21 |
|---|
| Revenue | 50.98M | 50.25M | 51.7M | 53.74M | 62.45M | 61.94M | 51.05M | 61.2M | 52.9M | 52.49M | 53.12M | 50.39M | -53M | 49.4M | 51.1M | 59.2M | 124.7M | 84.3M | 89.3M | 81M |
| Revenue Growth % | -18.36% | -18.88% | 1.28% | -12.2% | 18.05% | 18% | -3.9% | 21.46% | 199.81% | 6.27% | 3.95% | -14.88% | -142.5% | -41.4% | -42.78% | -26.91% | 71.29% | 8.35% | 20.84% | 0.25% |
| Property Operating Expenses | 27.84M | 27.55M | 28.11M | 27.06M | 36.66M | 32.45M | 29.69M | 30.2M | 23.7M | 27.3M | 27.04M | 28.53M | -70.9M | 29.2M | 29.6M | 33.2M | 75.5M | 60.6M | 62.8M | 55.2M |
| Net Operating Income (NOI) | 23.15M | 22.7M | 23.59M | 26.68M | 25.79M | 29.5M | 21.36M | 31M | 29.2M | 25.2M | 26.08M | 21.86M | 17.9M | 20.2M | 21.5M | 26M | 49.2M | 23.7M | 26.5M | 25.8M |
| NOI Margin % | 45.4% | 45.17% | 45.62% | 49.64% | 41.29% | 47.62% | 41.85% | 50.65% | 55.2% | 48% | 49.09% | 43.37% | -33.77% | 40.89% | 42.07% | 43.92% | 39.45% | 28.11% | 29.68% | 31.85% |
| Operating Expenses | 8.04M | 3.52M | -4.55M | 2.69M | 8.1M | 7.44M | 5.13M | 7.22M | 12M | 8.21M | 9.91M | 7.61M | -2.4M | 9.6M | -44.7M | 8.8M | 38.2M | 12.6M | 12.3M | 11.9M |
| G&A Expenses | 0 | 6.08M | 7.01M | 6.99M | 7.89M | 7.44M | 7.36M | 7.35M | 7.8M | 7.56M | 10.08M | 8.9M | -2.4M | 9.7M | 9.6M | 9M | 15.6M | 13.3M | 13.2M | 12.2M |
| EBITDA | 9.44M | 28.82M | 38.2M | 33.19M | 27.02M | 31.06M | 25.18M | 32.82M | 26.4M | 26.27M | 25.32M | 23.43M | 25.2M | 19.7M | 76M | 27.1M | 23.7M | 23.4M | 27M | 26.5M |
| EBITDA Margin % | 18.52% | 57.36% | 73.88% | 61.76% | 43.27% | 50.15% | 49.33% | 53.62% | 49.91% | 50.04% | 47.67% | 46.49% | -47.55% | 39.88% | 148.73% | 45.78% | 19.01% | 27.76% | 30.24% | 32.72% |
| Depreciation & Amortization | 0 | 9.64M | 10.06M | 9.21M | 9.33M | 9M | 8.95M | 9.03M | 9.2M | 9.27M | 9.15M | 9.18M | 4.9M | 9.1M | 9.8M | 9.9M | 12.7M | 12.3M | 12.8M | 12.6M |
| D&A / Revenue % | 0% | 19.19% | 19.46% | 17.13% | 14.95% | 14.53% | 17.52% | 14.76% | 17.39% | 17.65% | 17.23% | 18.22% | -9.25% | 18.42% | 19.18% | 16.72% | 10.18% | 14.59% | 14.33% | 15.56% |
| Operating Income | 15.11M | 19.18M | 28.14M | 23.98M | 17.69M | 22.06M | 16.23M | 23.78M | 17.2M | 17M | 16.17M | 14.24M | 20.3M | 10.6M | 66.2M | 17.2M | 11M | 11.1M | 14.2M | 13.9M |
| Operating Margin % | 29.63% | 38.16% | 54.42% | 44.63% | 28.32% | 35.62% | 31.8% | 38.86% | 32.51% | 32.38% | 30.44% | 28.27% | -38.3% | 21.46% | 129.55% | 29.05% | 8.82% | 13.17% | 15.9% | 17.16% |
| Interest Expense | 1000K | 47K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K |
| Interest Coverage | 1.65x | 434.26x | 5.28x | 4.66x | 3.10x | 4.41x | 3.00x | 3.57x | 2.42x | 2.96x | 2.84x | 2.89x | 3.81x | 2.07x | -1.25x | 2.68x | 2.10x | 2.09x | 2.96x | 2.43x |
| Non-Operating Income | 5.67M | -1.23M | -2.81M | -3.08M | -1.09M | -3M | -1.53M | -4.32M | 2.7M | -1.09M | -480K | -308K | 500K | -600K | 73.2M | 1.9M | -1.8M | -2.5M | -5.6M | -3.1M |
| Pretax Income | 3.72M | 14.45M | 25.09M | 21.25M | 12.73M | 19.38M | 11.83M | 20.24M | 8.5M | 12.01M | 10.79M | 9.51M | 14.6M | 5.8M | -12.6M | 9.6M | 6.7M | 7.1M | 13.1M | 10M |
| Pretax Margin % | 7.29% | 28.76% | 48.53% | 39.55% | 20.38% | 31.28% | 23.18% | 33.07% | 16.07% | 22.87% | 20.31% | 18.87% | -27.55% | 11.74% | -24.66% | 16.22% | 5.37% | 8.42% | 14.67% | 12.35% |
| Income Tax | -45K | 75K | -60K | -39K | 0 | 75K | 99K | 0 | 0 | 0 | 2K | 5K | -200K | 0 | -18.1M | 0 | -100K | 0 | 0 | 100K |
| Effective Tax Rate % | -1.21% | 0.52% | -0.24% | -0.18% | 0% | 0.39% | 0.84% | 0% | 0% | 0% | 0.02% | 0.05% | -1.37% | 0% | 143.65% | 0% | -1.49% | 0% | 0% | 1% |
| Net Income | 3.78M | 14.34M | 25.13M | 21.43M | 12.44M | 19M | 9.11M | 19.98M | -3.5M | 14.6M | 13.33M | 5.34M | -71.6M | 6.4M | 4.1M | 10.5M | 6.3M | 6.4M | 12.8M | 9.9M |
| Net Margin % | 7.41% | 28.53% | 48.6% | 39.88% | 19.93% | 30.68% | 17.84% | 32.65% | -6.62% | 27.81% | 25.1% | 10.59% | 135.09% | 12.96% | 8.02% | 17.74% | 5.05% | 7.59% | 14.33% | 12.22% |
| Net Income Growth % | -69.65% | -24.56% | 175.89% | 7.26% | 455.51% | 30.16% | -31.69% | 274.48% | 95.11% | 128.13% | 225.2% | -49.18% | -1236.51% | 0% | -67.97% | 6.06% | 472.73% | 113.33% | 372.34% | 59.68% |
| Funds From Operations (FFO) | 13.2M | 23.98M | 35.19M | 30.64M | 21.78M | 28M | 18.05M | 29.02M | 5.7M | 23.87M | 22.49M | 14.52M | -66.7M | 15.5M | 13.9M | 20.4M | 19M | 18.7M | 25.6M | 22.5M |
| FFO Margin % | 25.89% | 47.73% | 68.06% | 57.02% | 34.87% | 45.21% | 35.37% | 47.41% | 10.78% | 45.46% | 42.33% | 28.81% | 125.85% | 31.38% | 27.2% | 34.46% | 15.24% | 22.18% | 28.67% | 27.78% |
| FFO Growth % | -39.37% | -14.37% | 94.92% | 5.6% | 282.04% | 17.34% | -19.71% | 99.88% | 108.55% | 53.97% | 61.77% | -28.84% | -451.05% | -17.11% | -45.7% | -9.33% | 36.69% | 16.15% | 181.32% | 13.64% |
| FFO per Share | 0.18 | 0.33 | 0.48 | 0.42 | 0.30 | 0.38 | 0.25 | 0.40 | 0.08 | 0.33 | 0.31 | 0.20 | -0.92 | 0.21 | 0.19 | 0.28 | 0.26 | 0.26 | 0.35 | 0.31 |
| FFO Payout Ratio % | 124.09% | 68.33% | 46.65% | 53.93% | 74.2% | 57.82% | 89.65% | 56.68% | 1.75% | 67.04% | 72.06% | 220.64% | 0% | 103.23% | 105.76% | 132.35% | 0.53% | 132.09% | 0% | 96.89% |
| EPS (Diluted) | 0.05 | 0.20 | 0.34 | 0.29 | 0.17 | 0.26 | 0.13 | 0.28 | -0.05 | 0.20 | 0.18 | 0.07 | -0.99 | 0.09 | 0.06 | 0.14 | 0.08 | 0.09 | 0.18 | 0.14 |
| EPS Growth % | -69.53% | -23.08% | 161.54% | 3.57% | 451.97% | 30% | -27.78% | 283.56% | 95.12% | 131.21% | 219.72% | -47.86% | -1337.5% | -3.89% | -68.72% | 0% | 433.33% | 125% | 376.92% | 55.56% |
| EPS (Basic) | 0.05 | 0.20 | 0.35 | 0.29 | 0.17 | 0.26 | 0.13 | 0.28 | -0.05 | 0.20 | 0.18 | 0.07 | -0.99 | 0.09 | 0.06 | 0.14 | 0.08 | 0.09 | 0.18 | 0.14 |
| Diluted Shares Outstanding | 72.82M | 72.95M | 72.87M | 72.82M | 72.85M | 72.82M | 72.69M | 72.67M | 72.4M | 72.8M | 72.8M | 72.6M | 72.5M | 72.8M | 72.8M | 72.8M | 72.7M | 72.7M | 72.6M | 72.6M |