ALEX · As filed with the SEC

Alexander & Baldwin income statement, by fiscal year

The statement as Alexander & Baldwin presents it in its 10-Q and 10-K: its own lines, labels and order. Tables over time lines up standardized figures across every filing.

CONSOLIDATED STATEMENTS OF OPERATIONS · USD thousands, except per-share amounts; shares in thousands

USD thousands, except per-share amounts; shares in thousands	FY2025 Year ended Dec 31, 2025	FY2024 Year ended Dec 31, 2024	FY2023 Year ended Dec 31, 2023	FY2022 Year ended Dec 31, 2022
Operating Revenue:
Commercial Real Estate	202,861	197,365	194,000	187,200
Land Operations	3,812	39,276	14,900	43,300
Total operating revenue	206,673	236,641	208,900	230,500
Operating Costs and Expenses:
Commercial Real Estate	106,030	102,535	101,000	98,700
Land Operations	4,536	26,460	5,600	34,200
Selling, general and administrative	28,126	29,822	34,000	35,900
Merger transaction costs	7,101	—	—	—
Impairment of assets	0	256	4,800	—
Total operating costs and expenses	145,793	159,073	145,400	168,800
Gain (loss) on commercial real estate transactions	7,454	51	0	0
Gain (loss) on disposal of non-core assets, net	—	—	1,100	54,000
Gain (loss) on disposal of assets, net	—	2,148	—	—
Gain (loss) on disposal of assets and settlements, net	11,685	—	—	—
Total gain (loss) on commercial real estate transactions and disposal of assets and settlements, net	19,139	2,199	1,100	54,000
Operating Income (Loss)	80,019	79,767	64,600	115,700
Other Income and (Expenses):
Income (loss) related to joint ventures and partnerships	8,288	4,556	1,900	1,600
Pension termination	—	0	0	(76,900)
Impairment of equity method investment	(406)	—	—	—
Interest and other income (expense), net	416	3,023	(2,700)	400
Interest expense	—	—	(23,000)	(22,000)
Interest expense	(23,801)	(23,169)	—	—
Income (Loss) from Continuing Operations Before Income Taxes	64,516	64,177	40,800	18,800
Income tax benefit (expense)	69	(174)	0	18,300
Income (Loss) from Continuing Operations	64,585	64,003	40,800	37,100
Income (loss) from discontinued operations, net of income taxes	89	(3,466)	(7,800)	(86,600)
Net Income (Loss)	64,674	60,537	33,000	(49,500)
Loss (income) attributable to discontinued noncontrolling interest	0	0	(3,200)	(1,100)
Net Income (Loss) Attributable to A&B Shareholders	64,674	60,537	29,800	(50,600)
Basic Earnings (Loss) Per Share of Common Stock:
Continuing operations available to A&B shareholders (in dollars per share)	0.89	0.88	0.56	0.51
Discontinued operations available to A&B shareholders (in dollars per share)	0.00	(0.05)	(0.15)	(1.21)
Net income (loss) per share available to A&B shareholders (in dollars per share)	0.89	0.83	0.41	(0.70)
Diluted Earnings (Loss) Per Share of Common Stock:
Continuing operations available to A&B shareholders (in dollars per share)	0.89	0.88	0.56	0.50
Discontinued operations available to A&B shareholders (in dollars per share)	0.00	(0.05)	(0.15)	(1.20)
Net income (loss) per share available to A&B shareholders (in dollars per share)	0.89	0.83	0.41	(0.70)
Weighted-Average Number of Shares Outstanding:
Basic (in shares)	72,717	72,606	72,600	72,600
Diluted (in shares)	73,047	72,752	72,800	72,800
Continuing operations available to A&B common shareholders	—	—	—	36,900
Discontinued operations available to A&B common shareholders	—	—	—	(87,700)
Amounts Available to A&B Common Shareholders:
Continuing operations available to A&B common shareholders	64,585	63,980	40,700	—
Discontinued operations available to A&B common shareholders	—	(3,466)	—	—
Discontinued operations available to A&B common shareholders	89	—	(11,000)	—
Net income (loss) available to A&B common shareholders	64,674	60,514	29,700	(50,800)

As filed on EDGAR · Not affiliated with the U.S. SEC · Not investment advice. Each column links to its filing.