What is Alexander & Baldwin Inc's earnings per share (EPS)?

Alexander & Baldwin Inc (ALEX) reported diluted earnings per share of $0.89 for fiscal year 2025. This represents a 7.2% change compared to the previous fiscal year. EPS represents the portion of a company's net income allocated to each outstanding share of common stock and is widely used to evaluate profitability on a per-share basis.

Alexander & Baldwin Inc Financials

ALEX

Source SEC Filings (10-K/10-Q) Updated Dec 31, 2025 Currency USD FYE December

This page shows Alexander & Baldwin Inc (ALEX) financial statements, including the income statement, balance sheet, cash flow statement, and key financial ratios. View 16 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).

Financial Health Signals

Financial Profile 58/100

Based on FY2025 annual data. Scores normalized against common benchmarks. How we calculate these scores

Profitability

100

Alexander & Baldwin Inc has an operating margin of 38.7%, meaning the company retains $39 of operating profit per $100 of revenue. This strong profitability earns a score of 100/100, reflecting efficient cost management and pricing power. This is up from 33.7% the prior year.

Growth

Alexander & Baldwin Inc's revenue declined 12.7% year-over-year, from $236.6M to $206.7M. This contraction results in a growth score of 12/100.

Leverage

Alexander & Baldwin Inc carries a low D/E ratio of 0.50, meaning only $0.50 of long-term debt for every $1 of shareholders' equity. This conservative leverage earns a score of 92/100, indicating a strong balance sheet with room for future borrowing.

Cash Flow

Alexander & Baldwin Inc has a free cash flow margin of 13.2%, earning a moderate score of 58/100. The company generates positive cash flow after capital investments, but with room for improvement.

Returns

Alexander & Baldwin Inc generates a 6.6% ROE, indicating limited profit relative to shareholders' investment. This results in a returns score of 26/100. This is up from 6.0% the prior year.

Piotroski F-Score Neutral

4/9

Alexander & Baldwin Inc passes 4 of 9 financial strength tests. All 4 profitability signals pass (positive income, cash flow, and earnings quality), no leverage/liquidity signals pass (rising debt, declining liquidity, or share dilution), neither operating efficiency signal passes.

Earnings Quality Cash-Backed

1.23x

For every $1 of reported earnings, Alexander & Baldwin Inc generates $1.23 in operating cash flow ($79.5M OCF vs $64.7M net income). This indicates profits are well-supported by actual cash generation, not accounting adjustments.

Interest Coverage Adequate

3.4x

Alexander & Baldwin Inc earns $3.4 in operating income for every $1 of interest expense ($80.0M vs $23.8M). This adequate coverage means the company can meet its interest obligations, but has limited cushion if earnings fall.

Key Financial Metrics

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Earnings & Revenue

Revenue

$206.7M

YoY-12.7%

5Y CAGR+1.7%

10Y CAGR-7.9%

Alexander & Baldwin Inc generated $206.7M in revenue in fiscal year 2025. This represents a decrease of 12.7% from the prior year.

EBITDA

$118.4M

YoY+2.0%

5Y CAGR+6.9%

10Y CAGR-2.3%

Alexander & Baldwin Inc's EBITDA was $118.4M in fiscal year 2025, measuring earnings before interest, taxes, depreciation, and amortization. This represents an increase of 2.0% from the prior year.

Net Income

$64.7M

YoY+6.8%

5Y CAGR+63.1%

10Y CAGR+8.1%

Alexander & Baldwin Inc reported $64.7M in net income in fiscal year 2025. This represents an increase of 6.8% from the prior year.

EPS (Diluted)

$0.89

YoY+7.2%

5Y CAGR+61.9%

10Y CAGR+5.1%

Alexander & Baldwin Inc earned $0.89 per diluted share (EPS) in fiscal year 2025. This represents an increase of 7.2% from the prior year.

Cash & Balance Sheet

Free Cash Flow

$27.3M

YoY-64.6%

5Y CAGR-8.5%

10Y CAGR-10.7%

Alexander & Baldwin Inc generated $27.3M in free cash flow in fiscal year 2025, representing cash available after capex. This represents a decrease of 64.6% from the prior year.

Cash & Debt

$11.3M

YoY-66.2%

5Y CAGR-27.1%

10Y CAGR+24.1%

Alexander & Baldwin Inc held $11.3M in cash against $491.6M in long-term debt as of fiscal year 2025.

Dividends Per Share

$1.02

YoY+14.8%

5Y CAGR+24.7%

10Y CAGR+17.2%

Alexander & Baldwin Inc paid $1.02 per share in dividends in fiscal year 2025. This represents an increase of 14.8% from the prior year.

Shares Outstanding

73M

YoY+0.2%

5Y CAGR+0.1%

10Y CAGR+4.1%

Alexander & Baldwin Inc had 73M shares outstanding in fiscal year 2025. This represents an increase of 0.2% from the prior year.

Margins & Returns

Gross Margin

N/A

Operating Margin

38.7%

YoY+5.0pp

5Y CAGR+16.4pp

10Y CAGR+18.8pp

Alexander & Baldwin Inc's operating margin was 38.7% in fiscal year 2025, reflecting core business profitability. This is up 5.0 percentage points from the prior year.

Net Margin

31.3%

YoY+5.7pp

5Y CAGR+28.4pp

10Y CAGR+25.0pp

Alexander & Baldwin Inc's net profit margin was 31.3% in fiscal year 2025, showing the share of revenue converted to profit. This is up 5.7 percentage points from the prior year.

Return on Equity

6.6%

YoY+0.5pp

5Y CAGR+6.0pp

10Y CAGR+4.1pp

Alexander & Baldwin Inc's ROE was 6.6% in fiscal year 2025, measuring profit generated per dollar of shareholder equity. This is up 0.5 percentage points from the prior year.

Capital Allocation

R&D Spending

N/A

Share Buybacks

$5.7M

YoY+92.6%

5Y CAGR+57.1%

Alexander & Baldwin Inc spent $5.7M on share buybacks in fiscal year 2025, returning capital to shareholders by reducing shares outstanding. This represents an increase of 92.6% from the prior year.

Capital Expenditures

$52.2M

YoY+149.3%

5Y CAGR+20.5%

10Y CAGR+1.6%

Alexander & Baldwin Inc invested $52.2M in capex in fiscal year 2025, funding long-term assets and infrastructure. This represents an increase of 149.3% from the prior year.

ALEX Income Statement

Metric	FY25	FY24	FY23	FY22	FY21	FY20
Revenue	$206.7M-12.7%	$236.6M+13.3%	$208.8M-9.4%	$230.6M-9.2%	$254.0M+33.5%	$190.3M
Cost of Revenue	N/A	N/A	N/A	N/A	N/A	N/A
Gross Profit	N/A	N/A	N/A	N/A	N/A	N/A
R&D Expenses	N/A	N/A	N/A	N/A	N/A	N/A
SG&A Expenses	$28.1M-5.7%	$29.8M-12.4%	$34.0M-5.1%	$35.9M-2.0%	$36.6M+17.7%	$31.1M
Operating Income	$80.0M+0.3%	$79.8M+23.4%	$64.6M-44.2%	$115.7M+35.5%	$85.4M+101.4%	$42.4M
Interest Expense	$23.8M+2.7%	$23.2M+0.7%	$23.0M+4.5%	$22.0M-16.0%	$26.2M-13.2%	$30.2M
Income Tax	-$69K-139.7%	$174K+397.1%	$35K+100.2%	-$18.3M	$0+100.0%	-$400K
Net Income	$64.7M+6.8%	$60.5M+103.1%	$29.8M+158.9%	-$50.7M-243.1%	$35.4M+532.1%	$5.6M
EPS (Diluted)	$0.89+7.2%	$0.83+102.4%	$0.41+158.6%	$-0.70-245.8%	$0.48+500.0%	$0.08

Metric	Q4'25	Q3'25	Q2'25	Q1'25	Q4'24	Q3'24	Q2'24	Q1'24
Revenue	$51.0M+1.5%	$50.2M-2.8%	$51.7M-3.8%	$53.7M-13.9%	$62.4M+0.8%	$61.9M+21.3%	$51.0M-16.6%	$61.2M
Cost of Revenue	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Gross Profit	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
R&D Expenses	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
SG&A Expenses	$8.0M+32.2%	$6.1M-13.3%	$7.0M+0.3%	$7.0M-11.5%	$7.9M+6.2%	$7.4M+2.5%	$7.3M+0.2%	$7.2M
Operating Income	$8.7M-54.5%	$19.2M-31.8%	$28.1M+17.3%	$24.0M+35.6%	$17.7M-19.8%	$22.1M+35.9%	$16.2M-31.7%	$23.8M
Interest Expense	$6.2M+3.8%	$6.0M+1.8%	$5.9M+0.9%	$5.8M-4.1%	$6.0M+6.5%	$5.7M-4.2%	$5.9M+7.6%	$5.5M
Income Tax	-$45K-160.0%	$75K+225.0%	-$60K-53.8%	-$39K	$0-100.0%	$75K-24.2%	$99K	$0
Net Income	$3.8M-73.7%	$14.3M-42.9%	$25.1M+17.2%	$21.4M+72.2%	$12.4M-34.5%	$19.0M+108.7%	$9.1M-54.4%	$20.0M
EPS (Diluted)	N/A	$0.20-42.9%	$0.35+20.7%	$0.29	N/A	$0.26+100.0%	$0.13-53.6%	$0.28

ALEX Balance Sheet

Metric	FY25	FY24	FY23	FY22	FY21	FY20
Total Assets	$1.7B-0.7%	$1.7B+1.5%	$1.6B-7.9%	$1.8B-4.9%	$1.9B-7.7%	$2.0B
Current Assets	N/A	N/A	N/A	N/A	N/A	N/A
Cash & Equivalents	$11.3M-66.2%	$33.4M+147.4%	$13.5M-59.4%	$33.3M-49.2%	$65.4M+19.2%	$54.9M
Inventory	N/A	N/A	N/A	N/A	$20.3M+10.3%	$18.4M
Accounts Receivable	N/A	N/A	$4.5M-26.2%	$6.1M+177.3%	$2.2M-94.9%	$43.5M
Goodwill	$8.7M0.0%	$8.7M0.0%	$8.7M+0.3%	$8.7M0.0%	$8.7M-17.1%	$10.5M
Total Liabilities	$672.3M+0.8%	$666.9M+3.7%	$643.2M-13.5%	$743.6M-7.8%	$806.3M-13.6%	$933.4M
Current Liabilities	N/A	N/A	N/A	N/A	N/A	N/A
Long-Term Debt	$491.6M+3.5%	$474.8M+2.3%	$464.0M-1.7%	$472.2M-11.0%	$530.8M-22.7%	$687.1M
Total Equity	$987.2M-1.6%	$1.0B+0.1%	$1.0B-3.2%	$1.0B-2.9%	$1.1B-2.7%	$1.1B
Retained Earnings	-$825.4M-1.4%	-$814.2M-0.6%	-$809.3M-4.5%	-$774.5M-16.8%	-$663.2M-2.1%	-$649.4M

Metric	Q4'25	Q3'25	Q2'25	Q1'25	Q4'24	Q3'24	Q2'24	Q1'24
Total Assets	$1.7B+0.1%	$1.7B+0.9%	$1.6B-0.4%	$1.6B-1.3%	$1.7B+1.2%	$1.7B+0.5%	$1.6B+0.3%	$1.6B
Current Assets	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Cash & Equivalents	$11.3M-34.6%	$17.3M+101.6%	$8.6M-49.1%	$16.9M-49.6%	$33.4M+86.6%	$17.9M-39.3%	$29.5M+88.2%	$15.7M
Inventory	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Accounts Receivable	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Goodwill	$8.7M0.0%	$8.7M0.0%	$8.7M0.0%	$8.7M0.0%	$8.7M0.0%	$8.7M0.0%	$8.7M0.0%	$8.7M
Total Liabilities	$672.3M+4.1%	$645.7M+2.6%	$629.3M-2.2%	$643.5M-3.5%	$666.9M+2.3%	$651.8M+1.8%	$640.3M+1.6%	$630.0M
Current Liabilities	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Long-Term Debt	$491.6M	N/A	N/A	N/A	$474.8M	N/A	N/A	N/A
Total Equity	$987.2M-2.4%	$1.0B-0.1%	$1.0B+0.8%	$1.0B+0.2%	$1.0B+0.5%	$998.2M-0.3%	$1.0B-0.5%	$1.0B
Retained Earnings	-$825.4M-2.8%	-$802.7M-0.3%	-$800.6M+1.1%	-$809.2M+0.6%	-$814.2M-0.5%	-$810.2M+0.3%	-$812.9M-0.9%	-$805.7M

ALEX Cash Flow Statement

Metric	FY25	FY24	FY23	FY22	FY21	FY20
Operating Cash Flow	$79.5M-18.9%	$98.0M+46.1%	$67.1M+97.6%	$34.0M-72.7%	$124.2M+96.8%	$63.1M
Capital Expenditures	$52.2M+149.3%	$21.0M-3.4%	$21.7M0.0%	$21.7M-28.4%	$30.3M+47.1%	$20.6M
Free Cash Flow	$27.3M-64.6%	$77.0M+69.7%	$45.4M+270.0%	$12.3M-86.9%	$93.9M+120.9%	$42.5M
Investing Cash Flow	-$45.5M-182.4%	-$16.1M-326.9%	$7.1M-84.1%	$44.6M-53.8%	$96.5M+704.2%	$12.0M
Financing Cash Flow	-$56.1M+9.4%	-$62.0M+34.7%	-$94.9M+17.6%	-$115.2M+44.4%	-$207.1M-525.7%	-$33.1M
Dividends Paid	$65.7M+1.1%	$65.0M+1.1%	$64.3M+11.3%	$57.7M+23.9%	$46.6M+237.7%	$13.8M
Share Buybacks	$5.7M+92.6%	$3.0M-44.8%	$5.4M-25.6%	$7.3M+458.8%	$1.3M+116.7%	$600K

Metric	Q4'25	Q3'25	Q2'25	Q1'25	Q4'24	Q3'24	Q2'24	Q1'24
Operating Cash Flow	$12.6M-48.7%	$24.5M+48.3%	$16.5M-36.6%	$26.0M+6.9%	$24.3M-31.1%	$35.3M+58.3%	$22.3M+38.9%	$16.1M
Capital Expenditures	$15.2M-46.2%	$28.2M+497.9%	$4.7M+13.1%	$4.2M-54.1%	$9.1M+134.6%	$3.9M-9.3%	$4.3M+13.9%	$3.7M
Free Cash Flow	-$2.6M+29.9%	-$3.7M-131.6%	$11.8M-46.0%	$21.8M+43.2%	$15.2M-51.5%	$31.4M+74.3%	$18.0M+46.5%	$12.3M
Investing Cash Flow	-$15.1M+39.2%	-$24.8M-412.9%	-$4.8M-509.7%	-$793K-108.1%	$9.7M+129.7%	-$32.8M-641.4%	-$4.4M-139.0%	$11.3M
Financing Cash Flow	-$4.3M-149.9%	$8.6M+144.9%	-$19.1M+53.7%	-$41.3M-123.0%	-$18.5M-30.9%	-$14.2M-250.0%	-$4.0M+84.0%	-$25.2M
Dividends Paid	$16.4M0.0%	$16.4M-0.2%	$16.4M-0.6%	$16.5M+2.3%	$16.2M-0.2%	$16.2M0.0%	$16.2M-1.6%	$16.4M
Share Buybacks	$4.2M+1851.6%	$213K+56.6%	$136K-89.0%	$1.2M+651.5%	$165K-66.0%	$486K	$0-100.0%	$2.3M

ALEX Financial Ratios

Metric	FY25	FY24	FY23	FY22	FY21	FY20
Gross Margin	N/A	N/A	N/A	N/A	N/A	N/A
Operating Margin	38.7%+5.0pp	33.7%+2.8pp	30.9%-19.2pp	50.2%+16.6pp	33.6%+11.3pp	22.3%
Net Margin	31.3%+5.7pp	25.6%+11.3pp	14.3%+36.2pp	-22.0%-35.9pp	13.9%+11.0pp	2.9%
Return on Equity	6.6%+0.5pp	6.0%+3.1pp	3.0%+7.9pp	-4.9%-8.2pp	3.3%+2.8pp	0.5%
Return on Assets	3.9%+0.3pp	3.6%+1.8pp	1.8%+4.6pp	-2.8%-4.7pp	1.9%+1.6pp	0.3%
Current Ratio	N/A	N/A	N/A	N/A	N/A	N/A
Debt-to-Equity	0.50+0.0	0.47+0.0	0.460.0	0.46-0.0	0.50-0.1	0.63
FCF Margin	13.2%-19.4pp	32.6%+10.8pp	21.7%+16.4pp	5.3%-31.6pp	37.0%+14.6pp	22.3%

Metric	Q4'25	Q3'25	Q2'25	Q1'25	Q4'24	Q3'24	Q2'24	Q1'24
Gross Margin	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Operating Margin	17.1%-21.1pp	38.2%-16.3pp	54.4%+9.8pp	44.6%+16.3pp	28.3%-7.3pp	35.6%+3.8pp	31.8%-7.1pp	38.9%
Net Margin	7.4%-21.1pp	28.5%-20.1pp	48.6%+8.7pp	39.9%+19.9pp	19.9%-10.8pp	30.7%+12.8pp	17.8%-14.8pp	32.6%
Return on Equity	0.4%-1.0pp	1.4%-1.1pp	2.5%+0.3pp	2.1%+0.9pp	1.2%-0.7pp	1.9%+1.0pp	0.9%-1.1pp	2.0%
Return on Assets	0.2%-0.6pp	0.9%-0.7pp	1.5%+0.2pp	1.3%+0.6pp	0.7%-0.4pp	1.1%+0.6pp	0.5%-0.7pp	1.2%
Current Ratio	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Debt-to-Equity	0.50-0.1	0.64+0.0	0.62-0.0	0.64+0.2	0.47-0.2	0.65+0.0	0.64+0.0	0.63
FCF Margin	-5.1%+2.3pp	-7.4%-30.2pp	22.8%-17.8pp	40.6%+16.2pp	24.4%-26.4pp	50.8%+15.4pp	35.3%+15.2pp	20.1%

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Frequently Asked Questions

What is Alexander & Baldwin Inc's annual revenue?

Alexander & Baldwin Inc (ALEX) reported $206.7M in total revenue for fiscal year 2025. This represents a -12.7% change compared to the previous fiscal year. Revenue measures the total income earned from the company's primary business operations before any expenses are deducted.

How fast is Alexander & Baldwin Inc's revenue growing?

Alexander & Baldwin Inc (ALEX) revenue declined by 12.7% year-over-year, from $236.6M to $206.7M in fiscal year 2025.

Is Alexander & Baldwin Inc profitable?

Yes, Alexander & Baldwin Inc (ALEX) reported a net income of $64.7M in fiscal year 2025, with a net profit margin of 31.3%.

What is Alexander & Baldwin Inc's EBITDA?

Alexander & Baldwin Inc (ALEX) had EBITDA of $118.4M in fiscal year 2025, measuring earnings before interest, taxes, depreciation, and amortization.

How much debt does Alexander & Baldwin Inc have?

As of fiscal year 2025, Alexander & Baldwin Inc (ALEX) had $11.3M in cash and equivalents against $491.6M in long-term debt.

What is Alexander & Baldwin Inc's operating margin?

Alexander & Baldwin Inc (ALEX) had an operating margin of 38.7% in fiscal year 2025, reflecting the profitability of core business operations before interest and taxes.

What is Alexander & Baldwin Inc's net profit margin?

Alexander & Baldwin Inc (ALEX) had a net profit margin of 31.3% in fiscal year 2025, representing the share of revenue converted into profit after all expenses.

Does Alexander & Baldwin Inc pay dividends?

Yes, Alexander & Baldwin Inc (ALEX) paid $1.02 per share in dividends during fiscal year 2025.

What is Alexander & Baldwin Inc's return on equity (ROE)?

Alexander & Baldwin Inc (ALEX) has a return on equity of 6.6% for fiscal year 2025, measuring how efficiently the company generates profit from shareholder equity.

What is Alexander & Baldwin Inc's free cash flow?

Alexander & Baldwin Inc (ALEX) generated $27.3M in free cash flow during fiscal year 2025. This represents a -64.6% change compared to the previous fiscal year. Free cash flow represents the cash a company generates after accounting for capital expenditures, and is widely used to assess financial flexibility and shareholder value.

What is Alexander & Baldwin Inc's operating cash flow?

Alexander & Baldwin Inc (ALEX) generated $79.5M in operating cash flow during fiscal year 2025, representing cash generated from core business activities.

What are Alexander & Baldwin Inc's total assets?

Alexander & Baldwin Inc (ALEX) had $1.7B in total assets as of fiscal year 2025, including both current and long-term assets.

What are Alexander & Baldwin Inc's capital expenditures?

Alexander & Baldwin Inc (ALEX) invested $52.2M in capital expenditures during fiscal year 2025, funding long-term assets and infrastructure.

Does Alexander & Baldwin Inc buy back shares?

Yes, Alexander & Baldwin Inc (ALEX) spent $5.7M on share buybacks during fiscal year 2025, returning capital to shareholders by reducing shares outstanding.

How many shares does Alexander & Baldwin Inc have outstanding?

Alexander & Baldwin Inc (ALEX) had 73M shares outstanding as of fiscal year 2025.

What is Alexander & Baldwin Inc's debt-to-equity ratio?

Alexander & Baldwin Inc (ALEX) had a debt-to-equity ratio of 0.50 as of fiscal year 2025, measuring the company's financial leverage by comparing total debt to shareholder equity.

What is Alexander & Baldwin Inc's return on assets (ROA)?

Alexander & Baldwin Inc (ALEX) had a return on assets of 3.9% for fiscal year 2025, measuring how efficiently the company uses its assets to generate profit.

What is Alexander & Baldwin Inc's Piotroski F-Score?

Alexander & Baldwin Inc (ALEX) has a Piotroski F-Score of 4 out of 9, indicating neutral financial health. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7–9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.

Are Alexander & Baldwin Inc's earnings high quality?

Alexander & Baldwin Inc (ALEX) has an earnings quality ratio of 1.23x, considered cash-backed (high quality). This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation. Learn more in our complete guide to financial health indicators.

Can Alexander & Baldwin Inc cover its interest payments?

Alexander & Baldwin Inc (ALEX) has an interest coverage ratio of 3.4x, meaning it can adequately cover its interest obligations. This ratio divides operating income by interest expense. Ratios above 5x indicate strong debt-servicing ability, while ratios below 2x suggest the company may face difficulty meeting interest payments if earnings decline. Learn more in our complete guide to financial health indicators.

How financially healthy is Alexander & Baldwin Inc?

Alexander & Baldwin Inc (ALEX) scores 58 out of 100 on our Financial Profile, indicating moderate overall financial health. This composite score evaluates six dimensions: profitability (operating margin), revenue growth, leverage (debt-to-equity), liquidity (current ratio), cash flow quality (free cash flow margin), and shareholder returns (return on equity). Each dimension is normalized against standard financial benchmarks. Learn more in our complete guide to financial health indicators.