Alexander & Baldwin, Inc. (ALEX) Financial Statements (2026 and earlier)
Company Profile
| Business Address |
822 BISHOP STREET, P.O. BOX 3440 HONOLULU, HI 96801 |
| State of Incorp. | HI |
| Fiscal Year End | December 31 |
| Industry (SIC) | 6798 - Real Estate Investment Trusts (benchmarking) |
| More info | Complete Financial Analysis Financial Benchmarking |
Balance Sheet (Statement of Financial Position) ($ in thousands)
| 12/31/2025 | 12/31/2024 | 12/31/2023 | 12/31/2022 | 12/31/2021 | 12/31/2020 | 12/31/2019 | |||
|---|---|---|---|---|---|---|---|---|---|
| ASSETS | |||||||||
| Current Assets | |||||||||
| Cash, cash equivalents, and short-term investments | 33,436 | 13,500 | 33,300 | 70,000 | 57,200 | 15,200 | |||
| Cash and cash equivalent | 33,436 | 13,500 | 33,300 | 70,000 | 57,200 | 15,200 | |||
| Receivables | 5,398 | 25,100 | 39,500 | 43,400 | |||||
| Inventory, net of allowances, customer advances and progress billings | 20,300 | 18,400 | 20,700 | ||||||
| Inventory | 20,300 | 18,400 | 20,700 | ||||||
| Contract with customer, asset, after allowance for credit loss | 10,400 | 2,300 | 10,000 | ||||||
| Total current assets: | 38,834 | 13,500 | 33,300 | 125,800 | 117,400 | 89,300 | |||
| Noncurrent Assets | |||||||||
| Finance lease, right-of-use asset, after accumulated amortization | 4,202 | 4,200 | 2,600 | 3,500 | 4,200 | 3,800 | |||
| Operating lease, right-of-use asset | 148 | 1,700 | 5,400 | 20,100 | 18,600 | 21,800 | |||
| Inventory, real estate | 79,100 | ||||||||
| Property, plant, and equipment, after accumulated depreciation, depletion, and amortization | 1,415,238 | 1,381,700 | 1,396,600 | 1,407,700 | 1,395,300 | 1,412,700 | |||
| Long-term investments and receivables | 39,000 | 38,500 | 36,900 | 39,300 | 169,600 | 167,600 | |||
| Long-term investments | 39,000 | 38,500 | 36,900 | 39,300 | 169,600 | 167,600 | |||
| Intangible asset, including goodwill, after accumulated amortization | 39,905 | 45,000 | 52,300 | 69,000 | 82,600 | 90,300 | |||
| Goodwill | 8,729 | 8,700 | 8,700 | 8,700 | 10,500 | 15,400 | |||
| Intangible asset, excluding goodwill, after accumulated amortization | 31,176 | 36,300 | 43,600 | 60,300 | 72,100 | 74,900 | |||
| Total noncurrent assets: | 1,498,493 | 1,471,100 | 1,493,800 | 1,539,600 | 1,670,300 | 1,775,300 | |||
| Other undisclosed assets | 133,105 | 161,600 | 260,200 | 214,400 | 248,300 | 219,700 | |||
| TOTAL ASSETS: | 1,670,432 | 1,646,200 | 1,787,300 | 1,879,800 | 2,036,000 | 2,084,300 | |||
| LIABILITIES AND EQUITY | |||||||||
| Liabilities | |||||||||
| Current Liabilities | |||||||||
| Deferred revenue | 6,800 | 8,500 | 7,900 | ||||||
| Total current liabilities: | 6,800 | 8,500 | 7,900 | ||||||
| Noncurrent Liabilities | |||||||||
| Other undisclosed liabilities | 666,889 | 643,200 | 743,600 | 799,500 | 924,900 | 941,400 | |||
| Total liabilities: | 666,889 | 643,200 | 743,600 | 806,300 | 933,400 | 949,300 | |||
| Temporary equity, including noncontrolling interest | 8,000 | 6,900 | 6,500 | 6,300 | |||||
| Equity | |||||||||
| Equity, attributable to parent | 1,003,543 | 1,003,000 | 1,035,700 | 1,066,600 | 1,096,100 | 1,125,100 | |||
| Common stock | 1,811,582 | 1,809,100 | 1,808,400 | 1,810,500 | 1,805,500 | 1,800,100 | |||
| Accumulated other comprehensive income (loss) | 6,134 | 3,200 | 1,800 | (80,700) | (60,000) | (48,800) | |||
| Accumulated deficit | (814,173) | (809,300) | (774,500) | (663,200) | (649,400) | (626,200) | |||
| Equity, attributable to noncontrolling interest | 3,600 | ||||||||
| Total equity: | 1,003,543 | 1,003,000 | 1,035,700 | 1,066,600 | 1,096,100 | 1,128,700 | |||
| TOTAL LIABILITIES AND EQUITY: | 1,670,432 | 1,646,200 | 1,787,300 | 1,879,800 | 2,036,000 | 2,084,300 | |||
Income Statement (P&L) ($ in thousands)
| 12/31/2025 | 12/31/2024 | 12/31/2023 | 12/31/2022 | 12/31/2021 | 12/31/2020 | 12/31/2019 | ||
|---|---|---|---|---|---|---|---|---|
| Revenues | 236,641 | 208,900 | 230,500 | 379,300 | 305,300 | 435,200 | ||
| Operating lease, lease income | 197,726 | 194,700 | 190,100 | 179,600 | 153,000 | 163,000 | ||
| Cost of revenue | (131,194) | (112,500) | (186,900) | (283,200) | (248,700) | (290,400) | ||
| Gross profit: | 105,447 | 96,400 | 43,600 | 96,100 | 56,600 | 144,800 | ||
| Operating expenses | (27,879) | (32,900) | 18,100 | (48,900) | (36,500) | (159,100) | ||
| Other undisclosed operating income | 2,199 | 1,100 | 54,000 | 3,000 | 9,600 | |||
| Operating income (loss): | 79,767 | 64,600 | 115,700 | 50,200 | 29,700 | (14,300) | ||
| Nonoperating income | 2,124 | 100 | 700 | 400 | 1,200 | 3,300 | ||
| Investment income, nonoperating | 2,191 | 2,500 | ||||||
| Other undisclosed income before gain (loss) on sale of properties | ✕ | ✕ | ✕ | ✕ | ✕ | ✕ | 1,500 | |
| Other nonoperating income (expense) | (67) | 100 | 700 | 400 | 1,200 | 800 | ||
| Interest and debt expense | (23,169) | (23,000) | (22,000) | (26,300) | (30,300) | (33,100) | ||
| Income (loss) from continuing operations before equity method investments, income taxes: | 58,722 | 41,700 | 94,400 | 24,300 | 600 | (44,100) | ||
| Income from equity method investments | 4,556 | 1,900 | 1,600 | 17,500 | 5,900 | 5,300 | ||
| Other undisclosed income (loss) from continuing operations before income taxes | 899 | (2,800) | (77,200) | (4,900) | (900) | (100) | ||
| Income (loss) from continuing operations before income taxes: | 64,177 | 40,800 | 18,800 | 36,900 | 5,600 | (38,900) | ||
| Income tax expense (benefit) | (174) | 18,300 | 400 | 2,000 | ||||
| Income (loss) from continuing operations: | 64,003 | 40,800 | 37,100 | 36,900 | 6,000 | (36,900) | ||
| Income (loss) before gain (loss) on sale of properties: | ✕ | ✕ | ✕ | ✕ | 35,800 | 5,200 | (36,900) | |
| Income (loss) from discontinued operations | (3,466) | (7,800) | (86,600) | (1,100) | (800) | (1,500) | ||
| Other undisclosed net loss | (1,500) | |||||||
| Net income (loss): | 60,537 | 33,000 | (49,500) | 35,800 | 5,200 | (38,400) | ||
| Other undisclosed net income (loss) attributable to parent | (3,200) | (1,100) | (400) | 400 | 2,000 | |||
| Net income (loss) attributable to parent: | 60,537 | 29,800 | (50,600) | 35,400 | 5,600 | (36,400) | ||
| Other undisclosed net loss available to common stockholders, basic | (23) | (100) | (200) | (300) | (100) | (200) | ||
| Net income (loss) available to common stockholders, diluted: | 60,514 | 29,700 | (50,800) | 35,100 | 5,500 | (36,600) | ||
Comprehensive Income ($ in thousands)
| 12/31/2025 | 12/31/2024 | 12/31/2023 | 12/31/2022 | 12/31/2021 | 12/31/2020 | 12/31/2019 | ||
|---|---|---|---|---|---|---|---|---|
| Net income (loss): | 60,537 | 33,000 | (49,500) | 35,800 | 5,200 | (38,400) | ||
| Other comprehensive income (loss) | 2,884 | 1,400 | 82,500 | (20,700) | (11,200) | 3,100 | ||
| Comprehensive income (loss): | 63,421 | 34,400 | 33,000 | 15,100 | (6,000) | (35,300) | ||
| Comprehensive income (loss), net of tax, attributable to noncontrolling interest | (3,200) | (1,100) | (400) | 400 | 2,000 | |||
| Comprehensive income (loss), net of tax, attributable to parent: | 63,421 | 31,200 | 31,900 | 14,700 | (5,600) | (33,300) | ||
Statements Sources
The financial statements are based on the Company's filings with the U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.