ALEX
Alexander & Baldwin Holdings Inc
NYSE: ALEX · REAL ESTATE · REIT - RETAIL
$20.84
+0.05% today
Updated 2026-03-12
Market cap
$1.52B
P/E ratio
23.42
P/S ratio
7.07x
EPS (TTM)
$0.89
Dividend yield
4.92%
52W range
$15 – $21
Volume
0.9M
Alexander & Baldwin Holdings Inc (ALEX) Financial statements
SEC filings — annual and quarterly data.
Income statement — annual
| Item | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $1.40B | $261.80M | $235.10M | $261.50M | $365.20M | $456.30M | $472.80M | $387.50M | $425.50M | $644.40M | $435.20M | $190.30M | $254.00M | $230.55M | $208.84M | $236.64M | $206.67M |
| Revenue growth (YoY) | — | -81.3% | -10.2% | +11.2% | +39.7% | +24.9% | +3.6% | -18.0% | +9.8% | +51.4% | -32.5% | -56.3% | +33.5% | -9.2% | -9.4% | +13.3% | -12.7% |
| Cost of revenue | $1.21B | $223.40M | $182.60M | $204.60M | $279.50M | $326.70M | $327.20M | $268.50M | $302.00M | $382.40M | $340.90M | $126.20M | $134.90M | $132.92M | $106.53M | $129.00M | $110.57M |
| Gross profit | $191.00M | $38.40M | $52.50M | $56.90M | $85.70M | $129.60M | $145.60M | $119.00M | $123.50M | $262.00M | $94.30M | $64.10M | $119.10M | $97.63M | $102.31M | $107.65M | $96.11M |
| Gross margin | 13.7% | 14.7% | 22.3% | 21.8% | 23.5% | 28.4% | 30.8% | 30.7% | 29.0% | 40.7% | 21.7% | 33.7% | 46.9% | 42.3% | 49.0% | 45.5% | 46.5% |
| R&D | — | — | — | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | — | — |
| SG&A | $154.00M | $158.00M | $154.00M | $37.70M | $41.20M | $52.90M | $55.30M | $56.20M | $66.40M | $61.20M | $62.00M | $33.70M | $36.60M | $35.90M | $34.50M | $29.82M | $28.13M |
| Operating income | $37.00M | $1.10M | $19.80M | $24.00M | $39.90M | $64.60M | $94.00M | $53.90M | $28.80M | $172.80M | $-14.30M | $42.40M | $85.40M | $115.72M | $64.60M | $79.77M | $67.98M |
| Operating margin | 2.6% | 0.4% | 8.4% | 9.2% | 10.9% | 14.2% | 19.9% | 13.9% | 6.8% | 26.8% | -3.3% | 22.3% | 33.6% | 50.2% | 30.9% | 33.7% | 32.9% |
| EBITDA | $145.00M | $48.50M | $53.10M | $50.10M | $84.40M | $124.90M | $181.40M | $181.10M | $76.90M | $25.20M | $44.70M | $91.60M | $141.20M | $78.83M | $100.60M | $126.01M | $86.24M |
| EBITDA margin | 10.4% | 18.5% | 22.6% | 19.2% | 23.1% | 27.4% | 38.4% | 46.7% | 18.1% | 3.9% | 10.3% | 48.1% | 55.6% | 34.2% | 48.2% | 53.2% | 41.7% |
| EBIT | $40.00M | $-58.50M | $-55.90M | $15.00M | $42.70M | $69.90M | $125.70M | $-148.90M | $-306.70M | $-17.60M | $-5.80M | $49.10M | $101.60M | $40.80M | $63.80M | $89.70M | — |
| Interest expense | $25.00M | $26.00M | $25.00M | $14.90M | $19.10M | $29.00M | $26.80M | $26.30M | $25.60M | $35.30M | $33.10M | $30.30M | $26.30M | $21.99M | $23.00M | $25.52M | $21.73M |
| Income tax | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Effective tax rate | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
| Net income | $44.00M | $92.00M | $34.00M | $20.50M | $36.90M | $61.40M | $29.60M | $-10.20M | $228.30M | $-69.20M | $-36.40M | $5.60M | $35.40M | $-50.66M | $29.80M | $60.54M | $64.67M |
| Net income growth (YoY) | — | +109.1% | -63.0% | -39.7% | +80.0% | +66.4% | -51.8% | -134.5% | +2338.2% | -130.3% | +47.4% | +115.4% | +532.1% | -243.1% | +158.8% | +103.1% | +6.8% |
| Profit margin | 3.1% | 35.1% | 14.5% | 7.8% | 10.1% | 13.5% | 6.3% | -2.6% | 53.7% | -10.7% | -8.4% | 2.9% | 13.9% | -22.0% | 14.3% | 25.6% | 31.3% |