ALEX Q2 2024 Earnings — Alexander & Baldwin, Inc. Revenue & Financial Results | Market Cap Arena

ALEXAlexander & Baldwin, Inc.

$2B

Q2 2024 Earnings

Real Estate REIT - Diversified

Income Statement

Revenue

$51M-3.9% YoY

Gross Profit

$21M41.8% margin

Operating Income

$16M31.8% margin

Net Income

$9M17.8% margin

EPS (Diluted)

$0.13

QoQ Revenue Growth

-16.6%

Cash Flow

Operating Cash Flow

$22M

Free Cash Flow

$18M

Stock-Based Comp.

$1M

Balance Sheet

Total Assets

$1.6B

Total Liabilities

$640M

Stockholders' Equity

$1.0B

Cash & Equivalents

$30M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$51M	$53M	-3.9%
Gross Profit	$21M	$26M	-18.1%
Operating Income	$16M	$16M	+0.4%
Net Income	$9M	$13M	-31.7%

Revenue Segments

Commercial Real Estate Segment

$49M96%

Land Operations

$2M4%