ALEX Q1 2024 Earnings — Alexander & Baldwin, Inc. Revenue & Financial Results | Market Cap Arena

ALEXAlexander & Baldwin, Inc.

$2B

Q1 2024 Earnings

Real Estate REIT - Diversified

Income Statement

Revenue

$61M+21.5% YoY

Gross Profit

$31M50.7% margin

Operating Income

$24M38.9% margin

Net Income

$20M32.6% margin

EPS (Diluted)

$0.28

QoQ Revenue Growth

+15.7%

Cash Flow

Operating Cash Flow

$16M

Free Cash Flow

$12M

Stock-Based Comp.

$1M

Balance Sheet

Total Assets

$1.6B

Total Liabilities

$630M

Stockholders' Equity

$1.0B

Cash & Equivalents

$16M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$61M	$50M	+21.5%
Gross Profit	$31M	$22M	+41.8%
Operating Income	$24M	$14M	+67.0%
Net Income	$20M	$5M	+274.5%

Revenue Segments

Commercial Real Estate Segment

$49M80%

Land Operations

$12M20%