Alexander & Baldwin Inc (Hawaii)
NYSE:ALEX
Income Statement
Earnings Waterfall
Alexander & Baldwin Inc (Hawaii)
Income Statement
Alexander & Baldwin Inc (Hawaii)
| Dec-2010 | Mar-2011 | Jun-2011 | Sep-2011 | Dec-2011 | Mar-2012 | Jun-2012 | Sep-2012 | Dec-2012 | Mar-2013 | Jun-2013 | Sep-2013 | Dec-2013 | Mar-2014 | Jun-2014 | Sep-2014 | Dec-2014 | Mar-2015 | Jun-2015 | Sep-2015 | Dec-2015 | Mar-2016 | Jun-2016 | Sep-2016 | Dec-2016 | Mar-2017 | Jun-2017 | Sep-2017 | Dec-2017 | Mar-2018 | Jun-2018 | Sep-2018 | Dec-2018 | Mar-2019 | Jun-2019 | Sep-2019 | Dec-2019 | Mar-2020 | Jun-2020 | Sep-2020 | Dec-2020 | Mar-2021 | Jun-2021 | Sep-2021 | Dec-2021 | Mar-2022 | Jun-2022 | Sep-2022 | Dec-2022 | Mar-2023 | Jun-2023 | Sep-2023 | Dec-2023 | Mar-2024 | Jun-2024 | Sep-2024 | Dec-2024 | Mar-2025 | Jun-2025 | Sep-2025 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Interest Expense |
17
|
17
|
17
|
17
|
17
|
17
|
17
|
16
|
15
|
14
|
14
|
15
|
19
|
23
|
26
|
29
|
29
|
29
|
28
|
28
|
27
|
27
|
27
|
27
|
26
|
26
|
25
|
25
|
26
|
28
|
31
|
34
|
35
|
36
|
35
|
34
|
33
|
32
|
32
|
30
|
30
|
29
|
28
|
28
|
26
|
25
|
24
|
23
|
22
|
21
|
22
|
22
|
23
|
24
|
24
|
23
|
23
|
23
|
23
|
24
|
|
| Revenue |
263
N/A
|
261
-1%
|
281
+8%
|
258
-8%
|
235
-9%
|
263
+12%
|
259
-1%
|
289
+11%
|
262
-9%
|
253
-3%
|
246
-3%
|
220
-11%
|
365
+66%
|
427
+17%
|
511
+20%
|
600
+17%
|
456
-24%
|
512
+12%
|
519
+1%
|
511
-2%
|
473
-7%
|
414
-13%
|
342
-17%
|
300
-12%
|
388
+29%
|
389
+0%
|
405
+4%
|
414
+2%
|
426
+3%
|
446
+5%
|
460
+3%
|
468
+2%
|
644
+38%
|
661
+2%
|
658
0%
|
627
-5%
|
435
-31%
|
387
-11%
|
351
-9%
|
340
-3%
|
190
-44%
|
191
+0%
|
206
+8%
|
124
-40%
|
254
+105%
|
232
-9%
|
194
-16%
|
247
+27%
|
231
-7%
|
222
-4%
|
224
+1%
|
227
+1%
|
209
-8%
|
220
+5%
|
218
-1%
|
227
+4%
|
237
+4%
|
229
-3%
|
230
+0%
|
218
-5%
|
|
| Gross Profit | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Cost of Revenue |
(224)
|
(61)
|
(106)
|
(144)
|
(183)
|
(197)
|
(199)
|
(223)
|
(205)
|
(205)
|
(197)
|
(173)
|
(280)
|
(330)
|
(396)
|
(473)
|
(327)
|
(369)
|
(376)
|
(368)
|
(327)
|
(282)
|
(223)
|
(172)
|
(269)
|
(269)
|
(279)
|
(287)
|
(302)
|
(327)
|
(347)
|
(358)
|
(382)
|
(392)
|
(390)
|
(375)
|
(341)
|
(298)
|
(265)
|
(260)
|
(126)
|
(124)
|
(132)
|
(41)
|
(135)
|
(113)
|
(80)
|
(133)
|
(133)
|
(128)
|
(126)
|
(124)
|
(107)
|
(108)
|
(111)
|
(116)
|
(129)
|
(126)
|
(124)
|
(120)
|
|
| Gross Profit |
39
N/A
|
200
+416%
|
175
-12%
|
114
-35%
|
53
-54%
|
66
+25%
|
60
-8%
|
65
+8%
|
57
-13%
|
48
-16%
|
49
+2%
|
47
-5%
|
86
+83%
|
97
+13%
|
115
+19%
|
127
+10%
|
130
+2%
|
143
+11%
|
144
+0%
|
143
-1%
|
146
+2%
|
132
-10%
|
119
-10%
|
128
+8%
|
119
-7%
|
121
+1%
|
126
+5%
|
127
+0%
|
124
-3%
|
119
-4%
|
113
-5%
|
109
-4%
|
262
+140%
|
269
+3%
|
267
-1%
|
252
-6%
|
94
-63%
|
89
-6%
|
86
-3%
|
80
-7%
|
64
-20%
|
66
+4%
|
74
+12%
|
83
+12%
|
119
+44%
|
119
+0%
|
114
-4%
|
115
+0%
|
98
-15%
|
93
-4%
|
98
+5%
|
103
+5%
|
102
-1%
|
111
+9%
|
107
-4%
|
111
+4%
|
108
-3%
|
103
-4%
|
106
+2%
|
99
-6%
|
|
| Operating Income | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Operating Expenses |
(37)
|
(179)
|
(143)
|
(80)
|
(33)
|
(34)
|
(39)
|
(38)
|
(38)
|
(27)
|
(23)
|
(43)
|
(41)
|
(49)
|
(52)
|
(55)
|
(53)
|
(54)
|
(56)
|
(56)
|
(55)
|
(57)
|
(56)
|
(60)
|
(62)
|
(77)
|
(81)
|
(89)
|
(82)
|
(90)
|
(74)
|
(27)
|
(61)
|
(12)
|
(13)
|
(62)
|
(59)
|
(57)
|
(50)
|
(48)
|
(31)
|
(30)
|
(33)
|
(23)
|
(37)
|
(33)
|
(30)
|
(38)
|
(36)
|
(36)
|
(36)
|
(34)
|
(34)
|
(33)
|
(30)
|
(30)
|
(30)
|
(30)
|
(30)
|
(28)
|
|
| Selling, General & Administrative |
(37)
|
(23)
|
(26)
|
(26)
|
(33)
|
(34)
|
(34)
|
(33)
|
(38)
|
(38)
|
(37)
|
(40)
|
(41)
|
(46)
|
(52)
|
(55)
|
(53)
|
(54)
|
(56)
|
(56)
|
(55)
|
(57)
|
(55)
|
(57)
|
(52)
|
(51)
|
(55)
|
(60)
|
(66)
|
(66)
|
(66)
|
(60)
|
(61)
|
(62)
|
(63)
|
(62)
|
(59)
|
(57)
|
(50)
|
(48)
|
(31)
|
(30)
|
(33)
|
(23)
|
(37)
|
(33)
|
(30)
|
(38)
|
(36)
|
(36)
|
(36)
|
(34)
|
(34)
|
(33)
|
(30)
|
(30)
|
(30)
|
(30)
|
(29)
|
(28)
|
|
| Other Operating Expenses |
0
|
(155)
|
(117)
|
(53)
|
0
|
0
|
(5)
|
(5)
|
0
|
12
|
14
|
(3)
|
0
|
(3)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(2)
|
(4)
|
(10)
|
(26)
|
(26)
|
(29)
|
(15)
|
(24)
|
(8)
|
33
|
0
|
50
|
50
|
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
|
|
| Operating Income |
2
N/A
|
22
+1 340%
|
32
+50%
|
35
+8%
|
20
-43%
|
32
+63%
|
22
-33%
|
28
+28%
|
19
-30%
|
21
+11%
|
26
+23%
|
4
-84%
|
45
+985%
|
48
+9%
|
63
+31%
|
73
+15%
|
77
+6%
|
89
+16%
|
88
-2%
|
86
-2%
|
90
+5%
|
74
-18%
|
63
-16%
|
68
+8%
|
58
-15%
|
44
-24%
|
45
+3%
|
38
-16%
|
42
+11%
|
29
-31%
|
39
+35%
|
82
+108%
|
201
+145%
|
257
+28%
|
254
-1%
|
191
-25%
|
35
-81%
|
32
-10%
|
37
+14%
|
32
-13%
|
33
+3%
|
37
+12%
|
41
+12%
|
60
+47%
|
83
+37%
|
86
+4%
|
84
-2%
|
76
-10%
|
62
-19%
|
58
-7%
|
62
+7%
|
69
+11%
|
68
0%
|
79
+16%
|
77
-3%
|
81
+6%
|
78
-4%
|
74
-5%
|
76
+3%
|
71
-7%
|
|
| Pre-Tax Income | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Interest Income Expense |
(10)
|
(12)
|
(9)
|
(10)
|
(19)
|
(26)
|
(34)
|
(33)
|
(24)
|
(21)
|
(14)
|
(19)
|
(19)
|
(24)
|
(27)
|
(23)
|
(21)
|
4
|
8
|
9
|
11
|
(10)
|
(12)
|
(15)
|
(5)
|
(8)
|
(7)
|
(1)
|
(13)
|
(26)
|
(28)
|
(28)
|
(222)
|
(214)
|
(214)
|
(219)
|
(22)
|
(20)
|
(22)
|
(22)
|
(22)
|
(21)
|
(14)
|
(15)
|
(7)
|
(11)
|
(16)
|
(15)
|
(20)
|
(20)
|
(20)
|
(21)
|
(23)
|
(20)
|
(19)
|
(17)
|
(13)
|
(14)
|
(13)
|
(15)
|
|
| Non-Reccuring Items |
5
|
0
|
0
|
0
|
0
|
0
|
0
|
7
|
5
|
0
|
0
|
7
|
(5)
|
(2)
|
(2)
|
(0)
|
0
|
2
|
2
|
2
|
0
|
0
|
0
|
0
|
(12)
|
0
|
0
|
0
|
(13)
|
0
|
(13)
|
0
|
(28)
|
(28)
|
(28)
|
(78)
|
(50)
|
(49)
|
(55)
|
(5)
|
1
|
0
|
6
|
6
|
3
|
(1)
|
(20)
|
(20)
|
0
|
(19)
|
1
|
1
|
(4)
|
(5)
|
(3)
|
(2)
|
2
|
6
|
16
|
18
|
|
| Gain/Loss on Disposition of Assets |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(2)
|
(2)
|
6
|
6
|
0
|
3
|
(5)
|
(5)
|
0
|
0
|
0
|
0
|
0
|
3
|
3
|
0
|
0
|
0
|
0
|
9
|
9
|
9
|
9
|
0
|
0
|
0
|
0
|
0
|
54
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
| Total Other Income |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
1
|
2
|
2
|
2
|
(14)
|
(15)
|
(15)
|
(17)
|
(2)
|
(3)
|
(3)
|
(11)
|
(11)
|
(13)
|
(12)
|
(3)
|
(3)
|
(6)
|
(2)
|
0
|
(3)
|
(3)
|
(6)
|
(7)
|
(5)
|
(2)
|
(4)
|
(4)
|
(4)
|
(2)
|
(2)
|
(2)
|
0
|
(3)
|
(1)
|
0
|
(0)
|
(77)
|
(0)
|
(1)
|
(0)
|
(0)
|
(3)
|
(3)
|
(3)
|
(3)
|
(0)
|
(0)
|
(0)
|
|
| Pre-Tax Income |
(4)
N/A
|
10
N/A
|
23
+132%
|
25
+6%
|
1
-95%
|
7
+442%
|
(12)
N/A
|
2
N/A
|
0
-95%
|
0
N/A
|
12
N/A
|
(6)
N/A
|
24
N/A
|
25
+6%
|
37
+47%
|
36
-2%
|
41
+14%
|
81
+97%
|
81
+0%
|
96
+18%
|
97
+1%
|
60
-39%
|
46
-23%
|
48
+5%
|
27
-44%
|
27
-1%
|
31
+15%
|
29
-7%
|
10
-66%
|
1
-87%
|
(3)
N/A
|
52
N/A
|
(53)
N/A
|
10
N/A
|
6
-41%
|
(111)
N/A
|
(39)
+65%
|
(42)
-7%
|
(44)
-7%
|
10
N/A
|
19
+95%
|
23
+22%
|
40
+74%
|
52
+28%
|
75
+46%
|
75
-1%
|
49
-34%
|
41
-18%
|
19
-54%
|
19
-1%
|
42
+125%
|
48
+15%
|
41
-16%
|
52
+26%
|
53
+2%
|
60
+13%
|
64
+8%
|
65
+1%
|
78
+20%
|
74
-6%
|
|
| Net Income | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Tax Provision |
2
|
(5)
|
(11)
|
(11)
|
(1)
|
(3)
|
4
|
2
|
6
|
6
|
2
|
4
|
(11)
|
(12)
|
(16)
|
(1)
|
(4)
|
(19)
|
(19)
|
(38)
|
(36)
|
(21)
|
(14)
|
(12)
|
(1)
|
1
|
(3)
|
(5)
|
221
|
223
|
227
|
229
|
(16)
|
(18)
|
(18)
|
(17)
|
2
|
1
|
1
|
1
|
0
|
0
|
0
|
0
|
0
|
0
|
18
|
18
|
18
|
0
|
0
|
0
|
0
|
0
|
(0)
|
(0)
|
(0)
|
(0)
|
0
|
0
|
|
| Income from Continuing Operations |
(1)
|
5
|
13
|
13
|
0
|
4
|
(9)
|
4
|
6
|
6
|
14
|
(2)
|
13
|
13
|
21
|
34
|
37
|
62
|
62
|
58
|
61
|
39
|
32
|
37
|
27
|
28
|
28
|
24
|
231
|
224
|
223
|
281
|
(69)
|
(8)
|
(12)
|
(128)
|
(37)
|
(41)
|
(43)
|
11
|
19
|
23
|
41
|
52
|
75
|
75
|
68
|
59
|
37
|
37
|
42
|
49
|
41
|
52
|
52
|
59
|
64
|
65
|
78
|
74
|
|
| Income to Minority Interest |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(1)
|
(1)
|
(2)
|
(3)
|
(3)
|
(3)
|
(3)
|
(2)
|
(2)
|
(1)
|
(1)
|
(1)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(1)
|
1
|
2
|
2
|
2
|
1
|
0
|
(0)
|
(0)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
| Net Income (Common) |
33
N/A
|
30
-9%
|
36
+20%
|
40
+10%
|
24
-41%
|
17
-30%
|
(0)
N/A
|
9
N/A
|
19
+114%
|
21
+12%
|
30
+45%
|
21
-30%
|
34
+60%
|
64
+87%
|
69
+7%
|
74
+8%
|
61
-17%
|
52
-16%
|
52
+1%
|
49
-7%
|
27
-46%
|
(6)
N/A
|
(16)
-176%
|
(25)
-50%
|
(8)
+68%
|
6
N/A
|
11
+85%
|
19
+73%
|
230
+1 098%
|
271
+18%
|
269
-1%
|
277
+3%
|
(72)
N/A
|
(110)
-53%
|
(114)
-3%
|
(178)
-57%
|
(37)
+79%
|
(39)
-8%
|
(43)
-10%
|
10
N/A
|
6
-42%
|
9
+67%
|
27
+190%
|
30
+12%
|
35
+17%
|
36
+2%
|
27
-25%
|
27
N/A
|
(51)
N/A
|
(56)
-10%
|
(47)
+17%
|
(38)
+18%
|
30
N/A
|
44
+49%
|
40
-9%
|
45
+11%
|
61
+36%
|
62
+2%
|
78
+26%
|
73
-6%
|
|
| EPS (Diluted) |
0.78
N/A
|
0.7
-10%
|
0.84
+20%
|
0.93
+11%
|
0.55
-41%
|
0.39
-29%
|
0
N/A
|
0.2
N/A
|
0.43
+115%
|
0.48
+12%
|
0.69
+44%
|
0.49
-29%
|
0.76
+55%
|
1.3
+71%
|
1.38
+6%
|
1.5
+9%
|
1.24
-17%
|
1.04
-16%
|
1.05
+1%
|
0.98
-7%
|
0.53
-46%
|
-0.12
N/A
|
-0.33
-175%
|
-0.5
-52%
|
-0.16
+68%
|
0.12
N/A
|
0.22
+83%
|
0.38
+73%
|
4.35
+1 045%
|
3.74
-14%
|
3.71
-1%
|
3.76
+1%
|
-1.01
N/A
|
-1.52
-50%
|
-1.56
-3%
|
-2.46
-58%
|
-0.49
+80%
|
-0.53
-8%
|
-0.58
-9%
|
0.15
N/A
|
0.07
-53%
|
0.12
+71%
|
0.36
+200%
|
0.4
+11%
|
0.48
+20%
|
0.49
+2%
|
0.36
-27%
|
0.36
N/A
|
-0.69
N/A
|
-0.77
-12%
|
-0.64
+17%
|
-0.52
+19%
|
0.4
N/A
|
0.61
+52%
|
0.55
-10%
|
0.61
+11%
|
0.83
+36%
|
0.84
+1%
|
1.08
+29%
|
1
-7%
|
|