Alexander & Baldwin Past Earnings Performance

Past criteria checks 4/6

Alexander & Baldwin has been growing earnings at an average annual rate of 63.6%, while the REITs industry saw earnings growing at 10% annually. Revenues have been declining at an average rate of 24.7% per year. Alexander & Baldwin's return on equity is 5.1%, and it has net margins of 23.2%.

Key information

63.6%

Earnings growth rate

63.7%

EPS growth rate

REITs Industry Growth	19.4%
Revenue growth rate	-24.7%
Return on equity	5.1%
Net Margin	23.2%
Last Earnings Update	31 Mar 2024

Recent past performance updates

Recent updates

Alexander & Baldwin: Last Man Standing From Hawaii's 'Big 5', Now An Essential-Services REIT

Jun 08

Some Alexander & Baldwin, Inc. (NYSE:ALEX) Analysts Just Made A Major Cut To Next Year's Estimates

May 19

New Forecasts: Here's What Analysts Think The Future Holds For Alexander & Baldwin, Inc. (NYSE:ALEX)

May 02

Revenue & Expenses Breakdown

How Alexander & Baldwin makes and spends money. Based on latest reported earnings, on an LTM basis.

Earnings and Revenue History

NYSE:ALEX Revenue, expenses and earnings (USD Millions)
Date	Revenue	Earnings	G+A Expenses
31 Mar 24	222	51	33
31 Dec 23	211	41	35
30 Sep 23	228	48	35
30 Jun 23	225	42	37
31 Mar 23	222	37	36
31 Dec 22	232	37	37
30 Sep 22	167	66	29
30 Jun 22	204	67	32
31 Mar 22	248	75	36
31 Dec 21	272	75	40
30 Sep 21	340	31	52
30 Jun 21	333	27	51
31 Mar 21	312	10	47
31 Dec 20	197	19	34
30 Sep 20	345	11	50
30 Jun 20	356	-42	52
31 Mar 20	392	-38	60
31 Dec 19	441	-35	62
30 Sep 19	623	-177	66
30 Jun 19	655	-112	67
31 Mar 19	662	-109	65
31 Dec 18	640	-71	64
30 Sep 18	474	277	66
30 Jun 18	465	269	71
31 Mar 18	449	271	71
31 Dec 17	433	228	70
30 Sep 17	437	29	64
30 Jun 17	424	34	59
31 Mar 17	408	33	55
31 Dec 16	407	32	56
30 Sep 16	310	35	56
30 Jun 16	354	28	53
31 Mar 16	428	35	56
31 Dec 15	510	56	55
30 Sep 15	647	48	56
30 Jun 15	654	52	56
31 Mar 15	644	52	54
31 Dec 14	458	34	53
30 Sep 14	603	32	52
30 Jun 14	513	19	49
31 Mar 14	429	12	43
31 Dec 13	370	12	41
30 Sep 13	221	0	40
30 Jun 13	246	16	37

Quality Earnings: ALEX has high quality earnings.

Growing Profit Margin: ALEX's current net profit margins (23.2%) are higher than last year (16.6%).

Free Cash Flow vs Earnings Analysis

Past Earnings Growth Analysis

Earnings Trend: ALEX has become profitable over the past 5 years, growing earnings by 63.6% per year.

Accelerating Growth: ALEX's earnings growth over the past year (39.7%) is below its 5-year average (63.6% per year).

Earnings vs Industry: ALEX earnings growth over the past year (39.7%) exceeded the REITs industry -10.9%.

Alexander & Baldwin Past Earnings Performance

Past criteria checks 4/6

Key information

Recent past performance updates

First quarter 2024 earnings: EPS and revenues exceed analyst expectations

Alexander & Baldwin, Inc. to Report Q1, 2024 Results on Apr 25, 2024

Full year 2023 earnings: Revenues exceed analysts expectations while EPS lags behind

Alexander & Baldwin, Inc. to Report Q4, 2023 Results on Feb 28, 2024

Alexander & Baldwin, Inc. to Report Q3, 2023 Results on Nov 02, 2023

Second quarter 2023 earnings released: EPS: US$0.15 (vs US$0.058 in 2Q 2022)

Recent updates

First quarter dividend of US$0.22 announced

Alexander & Baldwin, Inc. Revises Earnings Guidance for the Full Year of 2024

First quarter 2024 earnings: EPS and revenues exceed analyst expectations

Alexander & Baldwin, Inc. Approves Dividend for the Second Quarter of 2024, Payable on July 8, 2024

Alexander & Baldwin, Inc. announced that it has received $60 million in funding

Alexander & Baldwin, Inc. announced that it has received $60 million in funding

Alexander & Baldwin, Inc. to Report Q1, 2024 Results on Apr 25, 2024

Alexander & Baldwin, Inc., Annual General Meeting, Apr 23, 2024

Upcoming dividend of US$0.22 per share

Alexander & Baldwin: Above-Expectations Results Support My Favorable View

Fourth quarter dividend of US$0.22 announced

Full year 2023 earnings: Revenues exceed analysts expectations while EPS lags behind

Alexander & Baldwin, Inc. Declares A First Quarter 2024 Dividend, Payable on April 5, 2024

Alexander & Baldwin, Inc. to Report Q4, 2023 Results on Feb 28, 2024

Alexander & Baldwin, Inc. Approves Fourth Quarter 2023 Dividend, Payable on January 8, 2024

Nan, Inc. acquired Grace Pacific LLC from Alexander & Baldwin, Inc. (NYSE:ALEX).

Price target decreased by 9.5% to US$19.00

New minor risk - Earnings quality

Alexander & Baldwin: Multiple Catalysts

Now 21% undervalued after recent price drop

Alexander & Baldwin, Inc. to Report Q3, 2023 Results on Nov 02, 2023

Now 20% undervalued after recent price drop

Upcoming dividend of US$0.22 per share at 5.1% yield

Alexander & Baldwin: Maui Wildfires Create Downside Risk

New minor risk - Profit margin trend

New major risk - Dividend sustainability

Second quarter 2023 earnings released: EPS: US$0.15 (vs US$0.058 in 2Q 2022)

Alexander & Baldwin, Inc. Approves Dividend for the Third Quarter of 2023, Payable on October 4, 2023

Alexander & Baldwin, Inc. to Report Q2, 2023 Results on Jul 27, 2023

Alexander & Baldwin, Inc. Announces Board Changes

Alexander & Baldwin Appoints Shelee Kimura to Its Board of Directors

Alexander & Baldwin: Maintaining Its Moat On The Hawaiian Islands

Upcoming dividend of US$0.22 per share at 4.4% yield

Alexander & Baldwin, Inc. (NYSE:ALEX) acquired 33,000 square foot industrial property on O'ahu for $9.5 million.

First quarter 2023 earnings released: EPS: US$0.13 (vs US$0.14 in 1Q 2022)

Upcoming dividend of US$0.22 per share at 4.6% yield

Full year 2022 earnings released: EPS: US$0.50 (vs US$0.50 in FY 2021)

Alexander & Baldwin, Inc. Announces Chief Executive Officer Changes

Alexander & Baldwin names operating chief Parker as next CEO

Alexander & Baldwin, Inc. to Report Q4, 2022 Results on Feb 28, 2023

Alexander & Baldwin, Inc. Announces Executive Changes

Alexander & Baldwin: Investing In Hawaii Real Estate

Consensus forecasts updated

Insufficient new directors

Third quarter 2022 earnings released: FFO per share: US$0.2 (vs US$0.21 in 3Q 2021)

Alexander & Baldwin, Inc. Revises Earnings Guidance for the Full Year of 2022

Alexander & Baldwin reports Q3 earnings beat; updated fY22 guidance

Alexander & Baldwin, Inc. to Report Q3, 2022 Results on Nov 03, 2022

Upcoming dividend of US$0.22 per share

Alexander & Baldwin Announces Chief Financial Officer Changes

Clayton K.Y. Chun is the new finance chief of Alexander & baldwin

Price target decreased to US$23.33

Second quarter 2022 earnings: EPS exceeds analyst expectations while revenues lag behind

Alexander & Baldwin, Inc. Announces Dividend for the Third Quarter of 2022, Payable on October 5, 2022

Alexander & Baldwin raises dividend by 10% to $0.22

Alexander & Baldwin, Inc. to Report Q2, 2022 Results on Jul 28, 2022

Upcoming dividend of US$0.20 per share

Insufficient new directors

Consensus EPS estimates fall by 89%

Consensus EPS estimates increase by 45%

With EPS Growth And More, Alexander & Baldwin (NYSE:ALEX) Is Interesting

First quarter 2022 earnings: EPS and revenues exceed analyst expectations

Insufficient new directors

Alexander & Baldwin, Inc. Approves Second Quarter 2022 Dividend, Payable on July 6, 2022

Alexander & Baldwin, Inc. to Report Q1, 2022 Results on May 05, 2022

Consensus forecasts updated

Upcoming dividend of US$0.19 per share

Full year 2021 earnings: Revenues exceed analysts expectations while EPS lags behind

Alexander & Baldwin, Inc. Approves Dividend for the First Quarter 2022, Payable on April 5, 2022