Alexander & Baldwin, Inc. - Understand $alex stock

$ALEX Market Cap: $1.421 Billion

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Financial Snapshot

Revenue

$227.1M

TTM

Gross Margin

49.23%

TTM

Net Earnings

$44.59M

TTM

Current Assets

Current Liabilities

Current Ratio

Total Assets

$1.650B

Q3 2024

Total Liabilities

$651.8M

Q3 2024

Book Value

$998.2M

Q3 2024

Cash

$17.92M

Q3 2024

P/E

31.86

Nov 29, 2024 EST

Free Cash Flow

$45.75M

TTM

Revenues

Revenue YoY Change

Revenues

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008
Revenue	$208.9M	$230.5M	$379.3M	$305.3M	$435.2M	$644.4M	$425.5M	$387.5M	$472.8M	$456.3M	$365.2M	$261.5M	$235.1M	$263.0M	$190.8M	$413.9M
YoY Change	-9.37%	-39.23%	24.24%	-29.85%	-32.46%	51.45%	9.81%	-18.04%	3.62%	24.95%	39.66%	11.23%	-10.61%	37.84%	-53.9%	102.3%

Expenses

Cost Of Revenues

Gross Profit

Gross Profit Margin

Gross Profit

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008
Revenue	$208.9M	$230.5M	$379.3M	$305.3M	$435.2M	$644.4M	$425.5M	$387.5M	$472.8M	$456.3M	$365.2M	$261.5M	$235.1M	$263.0M	$190.8M	$413.9M
Cost Of Revenue	$106.6M	$132.9M	$254.1M	$233.5M	$340.9M	$382.4M	$166.1M	$154.5M	$168.8M	$131.9M	$136.8M	$161.0M	$135.0M	$224.2M	$186.0M	$53.30M
Gross Profit	$102.3M	$97.60M	$125.2M	$71.80M	$94.30M	$262.0M	$259.4M	$233.0M	$304.0M	$324.4M	$228.4M	$100.5M	$100.1M	$38.80M	$4.800M	$360.6M
Gross Profit Margin	48.97%	42.34%	33.01%	23.52%	21.67%	40.66%	60.96%	60.13%	64.3%	71.09%	62.54%	38.43%	42.58%	14.75%	2.52%	87.12%

Selling, General & Admin Expense

Research & Development

Depreciation, Depletion & Amortization

SGA Expense to Gross Profit Ratio

R&D To Gross Profit Ratio

DDA To Gross Profit Ratio

Operating Expenses Total

Operating Profits/Loss

Operational Expenses

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008
Selling, General & Admin	$34.00M	$35.90M	$51.90M	$46.10M	$58.90M	$61.20M	$66.40M	$52.00M	$51.60M	$52.90M	$41.20M	$37.70M	$32.70M	$37.30M	$34.50M	$20.50M
YoY Change	-5.29%	-30.83%	12.58%	-21.73%	-3.76%	-7.83%	27.69%	0.78%	-2.46%	28.4%	9.28%	15.29%	-12.33%	8.12%	68.29%	-23.51%
% of Gross Profit	33.24%	36.78%	41.45%	64.21%	62.46%	23.36%	25.6%	22.32%	16.97%	16.31%	18.04%	37.51%	32.67%	96.13%	718.75%	5.68%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization	$36.80M	$38.00M	$50.40M	$53.30M	$50.50M	$42.80M	$41.40M	$119.5M	$55.70M	$55.00M	$41.70M	$35.10M	$34.80M	$35.20M	$34.80M
YoY Change	-3.16%	-24.6%	-5.44%	5.54%	17.99%	3.38%	-65.36%	114.54%	1.27%	31.89%	18.8%	0.86%	-1.14%	1.15%
% of Gross Profit	35.97%	38.93%	40.26%	74.23%	53.55%	16.34%	15.96%	51.29%	18.32%	16.95%	18.26%	34.93%	34.77%	90.72%	725.0%
Operating Expenses	$34.00M	$35.90M	$51.90M	$46.10M	$58.90M	$61.20M	$66.40M	$52.00M	$51.60M	$52.90M	$41.20M	$37.70M	$32.70M	$37.30M	$34.50M	$20.50M
YoY Change	-5.29%	-30.83%	12.58%	-21.73%	-3.76%	-7.83%	27.69%	0.78%	-2.46%	28.4%	9.28%	15.29%	-12.33%	8.12%	68.29%	-23.51%
Operating Profit	$64.60M	$115.7M	$50.20M	$29.70M	-$14.30M	$172.8M	$28.80M	$53.90M	$94.00M	$76.70M	$39.90M	$24.00M	$19.80M	$1.500M	-$29.70M	$340.1M
YoY Change	-44.17%	130.48%	69.02%	-307.69%	-108.28%	500.0%	-46.57%	-42.66%	22.56%	92.23%	66.25%	21.21%	1220.0%	-105.05%	-108.73%	161.62%

Interest Expenses

Interest Expenses To Operating Income %

Other Expense/Income

Interest & Other Expense/Income

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008
Interest Expense	$23.00M	$22.00M	$26.30M	$30.30M	$33.10M	$35.30M	$25.60M	$26.30M	$26.80M	$29.00M	$19.10M	$14.90M	$17.10M	-$10.00M	-$18.60M	-$12.50M
YoY Change	4.55%	-16.35%	-13.2%	-8.46%	-6.23%	37.89%	-2.66%	-1.87%	-7.59%	51.83%	28.19%	-12.87%	-271.0%	-46.24%	48.8%	131.48%
% of Operating Profit	35.6%	19.01%	52.39%	102.02%		20.43%	88.89%	48.79%	28.51%	37.81%	47.87%	62.08%	86.36%	-666.67%		-3.68%
Other Income/Expense, Net	$100.0K	$700.0K	$400.0K	$1.200M	$800.0K	$100.0K	$600.0K	$700.0K	$400.0K	-$14.70M	$2.400M	$0.00	$0.00
YoY Change	-85.71%	75.0%	-66.67%	50.0%	700.0%	-83.33%	-14.29%	75.0%	-102.72%	-712.5%

Income/Loss

Pretax Income

Income Tax

Net Profits/Loss

Pretax Income YoY Change

Income Tax Rate

Net Profits/Loss YoY Change

Basic EPS

Net Income To Revenue Ratio

Pretax & Net Income

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008
Pretax Income	$40.80M	$18.80M	$36.90M	$5.600M	-$38.90M	-$52.90M	$9.900M	$35.30M	$98.90M	$40.90M	$23.60M	$100.0K	$1.200M	-$3.600M	-$42.90M	$20.30M
YoY Change	117.02%	-49.05%	558.93%	-114.4%	-26.47%	-634.34%	-71.95%	-64.31%	141.81%	73.31%	23500.0%	-91.67%	-133.33%	-91.61%	-311.33%	30.13%
Income Tax	$0.00	-$18.30M	$0.00	-$400.0K	-$2.000M	$16.30M	-$218.2M	$2.600M	$37.00M	$4.100M	$11.10M	-$5.900M	$1.000M	-$2.200M	-$18.10M	$7.300M
% Of Pretax Income	0.0%	-97.34%	0.0%	-7.14%			-2204.04%	7.37%	37.41%	10.02%	47.03%	-5900.0%	83.33%			35.96%
Net Earnings	$29.80M	-$50.60M	$35.40M	$5.600M	-$36.40M	-$72.00M	$228.3M	-$10.20M	$29.60M	$61.40M	$34.30M	$18.80M	$23.50M	$33.10M	$10.90M	$59.90M
YoY Change	-158.89%	-242.94%	532.14%	-115.38%	-49.44%	-131.54%	-2338.24%	-134.46%	-51.79%	79.01%	82.45%	-20.0%	-29.0%	203.67%	-81.8%	6.02%
Net Earnings / Revenue	14.27%	-21.95%	9.33%	1.83%	-8.36%	-11.17%	53.65%	-2.63%	6.26%	13.46%	9.39%	7.19%	10.0%	12.59%	5.71%	14.47%
Basic Earnings Per Share	$0.41	-$0.70	$0.48	$0.08	-$0.51	-$1.02	$4.68	-$0.18	$0.54	$1.26	$0.77	$0.44	$0.55
Diluted Earnings Per Share	$0.41	-$0.70	$0.48	$0.08	-$0.51	-$1.02	$4.34	-$0.18	$0.54	$1.25	$0.76	$0.44	$0.55	$784.4K	$258.3K	$1.419M

Assets & Liabilities

Cash & Short-Term Investments

Cash & Equivalents

Cash To Operating Expenses Ratio

Inventory

Receivables

Total Short-Term Assets

Property, Plant And Equipment

Long-Term Investments

Total Long-Term Assets

Total Assets

Net Income To Total Assets Percentage

Accounts Payable

Short-Term Debt

Long Term Debt Due

Total Short-Term Liabilities

Long-Term Debt

Other Long-Term Liabilities

Total Long-Term Liabilities

Total Liabilities

Short-Term To Long-Term Debt Ratio

Short-Term Assets To Debt Ratio

Long-Term Debt To Net Income Ratio

Assets & Liabilities

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010
Cash & Short-Term Investments	$13.50M	$33.30M	$70.00M	$57.20M	$15.20M	$11.40M	$68.90M	$2.200M	$1.300M	$2.800M	$3.300M	$1.100M	$11.70M	$5.500M
YoY Change	-59.46%	-52.43%	22.38%	276.32%	33.33%	-83.45%	3031.82%	69.23%	-53.57%	-15.15%	200.0%	-90.6%	112.73%
Cash & Equivalents	$13.50M	$33.30M	$70.00M	$57.20M	$15.20M	$11.40M	$68.90M	$2.200M	$1.300M	$2.800M	$3.300M	$1.100M	$11.70M	$5.500M
Short-Term Investments
Other Short-Term Assets	$200.0K	$1.000M	$1.000M	$200.0K	$200.0K	$67.80M	$112.2M	$50.10M	$42.70M	$43.10M	$60.50M	$26.20M	$14.10M	$19.20M
YoY Change	-80.0%	0.0%	400.0%	0.0%	-99.71%	-39.57%	123.95%	17.33%	-0.93%	-28.76%	130.92%	85.82%	-26.56%
Inventory			$20.30M	$18.40M	$20.70M	$26.50M	$31.90M	$43.30M	$55.90M	$81.90M	$68.10M	$23.50M	$36.30M	$30.20M
Prepaid Expenses
Receivables	$4.500M	$6.100M	$28.90M	$43.50M	$62.00M	$49.60M	$34.10M	$32.10M	$38.60M	$33.10M	$36.50M	$8.200M	$6.700M	$15.40M
Other Receivables	$0.00	$0.00	$0.00	$0.00	$0.00	$25.40M	$27.70M	$10.60M	$14.00M	$6.700M	$1.400M	$4.400M	$0.00	$0.00
Total Short-Term Assets	$18.20M	$39.40M	$119.2M	$119.1M	$97.90M	$180.7M	$274.8M	$138.3M	$152.5M	$167.6M	$169.8M	$63.40M	$68.80M	$70.30M
YoY Change	-53.81%	-66.95%	0.08%	21.65%	-45.82%	-34.24%	98.7%	-9.31%	-9.01%	-1.3%	167.82%	-7.85%	-2.13%
Property, Plant & Equipment	$1.485B	$1.516B	$1.637B	$1.796B	$1.846B	$1.446B	$1.299B	$1.232B	$1.269B	$1.302B	$1.274B	$838.7M	$830.6M	$824.1M
YoY Change	-2.03%	-7.41%	-8.89%	-2.7%	27.67%	11.37%	5.43%	-2.98%	-2.48%	2.2%	51.87%	0.98%	0.79%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments	$31.60M					$171.4M	$401.7M	$390.8M	$416.4M	$418.6M	$341.4M	$319.9M	$290.8M	$275.9M
YoY Change						-57.33%	2.79%	-6.15%	-0.53%	22.61%	6.72%	10.01%	5.4%
Other Assets	$79.40M	$216.8M	$94.90M	$85.60M	$85.00M	$293.5M	$107.0M	$239.5M	$247.3M	$267.5M	$325.0M	$207.0M	$184.6M	$155.6M
YoY Change	-63.38%	128.45%	10.86%	0.71%	-71.04%	174.3%	-55.32%	-3.15%	-7.55%	-17.69%	57.0%	12.13%	18.64%
Total Long-Term Assets	$1.628B	$1.748B	$1.761B	$1.917B	$1.986B	$2.045B	$1.956B	$2.018B	$2.090B	$2.154B	$2.114B	$1.374B	$1.318B	$1.271B
YoY Change	-6.86%	-0.72%	-8.15%	-3.5%	-2.84%	4.5%	-3.05%	-3.44%	-2.98%	1.9%	53.85%	4.26%	3.67%
Total Assets	$1.646B	$1.787B	$1.880B	$2.036B	$2.084B	$2.225B	$2.231B	$2.156B	$2.242B	$2.322B	$2.284B	$1.437B	$1.387B	$1.342B
YoY Change
Accounts Payable	$5.800M	$4.500M	$9.900M	$9.800M	$17.80M	$34.20M	$47.90M	$54.30M	$41.90M	$37.60M	$32.60M	$26.20M	$20.80M	$20.00M
YoY Change	28.89%	-54.55%	1.02%	-44.94%	-47.95%	-28.6%	-11.79%	29.59%	11.44%	15.34%	24.43%	25.96%	4.0%
Accrued Expenses						$41.50M	$34.00M	$38.00M	$40.50M	$41.50M	$39.40M	$27.90M	$31.90M	$34.60M
YoY Change						22.06%	-10.53%	-6.17%	-2.41%	5.33%	41.22%	-12.54%	-7.8%
Deferred Revenue
YoY Change
Short-Term Debt	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00
YoY Change
Long-Term Debt Due						$39.00M	$46.00M	$42.40M	$90.40M	$74.50M	$105.2M	$15.50M	$34.50M	$108.9M
YoY Change						-15.22%	8.49%	-53.1%	21.34%	-29.18%	578.71%	-55.07%	-68.32%
Total Short-Term Liabilities	$5.800M	$4.500M	$9.900M	$9.800M	$33.20M	$129.4M	$926.8M	$165.1M	$184.7M	$183.0M	$218.2M	$69.60M	$90.00M	$175.6M
YoY Change	28.89%	-54.55%	1.02%	-70.48%	-74.34%	-86.04%	461.36%	-10.61%	0.93%	-16.13%	213.51%	-22.67%	-48.75%
Long-Term Debt	$464.0M	$472.2M	$532.7M	$687.1M	$704.6M	$739.1M	$585.2M	$472.7M	$496.6M	$631.5M	$605.5M	$220.0M	$327.2M	$249.6M
YoY Change	-1.74%	-11.36%	-22.47%	-2.48%	-4.67%	26.3%	23.8%	-4.81%	-21.36%	4.29%	175.23%	-32.76%	31.09%
Other Long-Term Liabilities	$173.4M	$266.9M	$263.7M	$236.5M	$211.5M	$140.5M	$60.10M	$112.5M	$120.2M	$106.6M	$98.00M	$80.40M	$79.50M	$59.50M
YoY Change	-35.03%	1.21%	11.5%	11.82%	50.53%	133.78%	-46.58%	-6.41%	12.76%	8.78%	21.89%	1.13%	33.61%
Total Long-Term Liabilities	$637.4M	$739.1M	$796.4M	$923.6M	$916.1M	$879.6M	$645.3M	$585.2M	$616.8M	$738.1M	$703.5M	$300.4M	$406.7M	$309.1M
YoY Change	-13.76%	-7.19%	-13.77%	0.82%	4.15%	36.31%	10.27%	-5.12%	-16.43%	4.92%	134.19%	-26.14%	31.58%
Total Liabilities	$643.2M	$751.6M	$813.2M	$939.9M	$959.2M	$1.023B	$1.585B	$947.0M	$1.019B	$1.118B	$1.124B	$522.9M	$660.8M	$652.9M
YoY Change	-14.42%	-7.58%	-13.48%	-2.01%	-6.2%	-35.47%	67.35%	-7.04%	-8.86%	-0.54%	114.92%	-20.87%	1.21%

Ownership

Basic Shares Outstanding

Diluted Shares Outstanding

Preferred Stock

Treasury Stock Shares

Stock Issuance & Repurchase

Ownership Data

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011
Basic Shares Outstanding	72.60M shares	72.60M shares	72.50M shares	72.30M shares	72.20M shares	70.60M shares	49.20M shares	49.00M shares	48.90M shares	48.70M shares	44.40M shares	42.60M shares	42.40M shares
Diluted Shares Outstanding	72.80M shares	72.80M shares	72.60M shares	72.40M shares	72.20M shares	70.60M shares	53.00M shares	49.40M shares	49.30M shares	49.30M shares	45.10M shares	42.90M shares	42.40M shares
Preferred Stock
Treasury Stock Shares

Return On Shareholders' Equity

Book Value

Free Cash Flow

Free Cash Flow YoY

Free Cash Flow Margin

Dividends

Stock Price

Market Cap: $1.4207 Billion

About Alexander & Baldwin, Inc.

Alexander & Baldwin, Inc. engages in the real estate business. The company is headquartered in Honolulu, Hawaii and currently employs 101 full-time employees. The company went IPO on 2012-06-14. The firm is focused on owning, operating, and developing commercial real estate. The firm operates through two segments: Commercial Real Estate and Land Operations. The Commercial Real Estate segment functions as a vertically integrated real estate investment company with competencies in investments and acquisitions, including identifying opportunities and acquiring properties; construction and development, including designing and ground-up development of new properties and in-house leasing and property management. The Land Operations segment includes the Company's landholdings, assets, and liabilities that are subject to the Company's simplification and monetization effort. The company owns, operates, and manages approximately 4.0 million square feet of commercial space in Hawai'i, including 22 retail centers, 14 industrial assets and four office properties, as well as 142 acres of ground leases.

Industry: Real Estate Investment Trusts Peers: American Assets Trust, Inc. Global Net Lease, Inc. Armada Hoffler Properties, Inc. Broadstone Net Lease, Inc. W. P. Carey Inc. Empire State Realty OP, L.P. Empire State Realty Trust, Inc. ESSENTIAL PROPERTIES REALTY TRUST, INC. Safehold Inc. Pacific Oak Strategic Opportunity REIT, Inc.