ALEX · As filed with the SEC
Alexander & Baldwin balance sheet, 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 BALANCE SHEETS · USD thousands
| USD thousands | FY2025 Dec 31, 2025 | FY2024 Dec 31, 2024 | FY2023 Dec 31, 2023 | FY2022 Dec 31, 2022 |
|---|---|---|---|---|
| ASSETS | ||||
| Real estate investments | ||||
| Real estate property | 1,687,619 | 1,670,879 | 1,609,000 | 1,598,900 |
| Accumulated depreciation | (281,510) | (255,641) | (227,300) | (202,300) |
| Real estate property, net | 1,406,109 | 1,415,238 | 1,381,700 | 1,396,600 |
| Real estate developments | — | — | — | 59,900 |
| Real estate developments | 41,566 | 46,423 | 58,100 | — |
| Investments in sales-type leases, net of allowances (credit losses) of $45 as of December 31, 2025 | 23,913 | — | — | — |
| Investments in real estate joint ventures and partnerships | 5,907 | 5,907 | 6,900 | 7,500 |
| Real estate intangible assets, net | — | — | 36,300 | — |
| Real estate intangible assets, net | 25,684 | 31,176 | — | 43,600 |
| Real estate investments, net | 1,503,179 | 1,498,744 | 1,483,000 | 1,507,600 |
| Cash and cash equivalents | 11,303 | 33,436 | 13,500 | 33,300 |
| Restricted cash | 236 | 236 | 200 | 1,000 |
| Accounts receivable, net of allowances (credit losses and doubtful accounts) of $1,219 and $1,701 as of December 31, 2025 and 2024, respectively | 5,101 | 3,697 | 4,500 | 6,100 |
| Other property, net | — | — | — | 2,500 |
| Operating lease right-of-use assets | 15,067 | — | 1,700 | 5,400 |
| Goodwill | 8,729 | 8,729 | 8,700 | 8,700 |
| Other receivables, net of allowances of $3.5 million and $2.7 million as of December 31, 2023 and 2022, respectively | — | — | 23,600 | — |
| Other receivables, net of allowance (credit losses) of $2,336 and $2,393 as of December 31, 2025 and 2024, respectively | 6,477 | 16,696 | — | 6,900 |
| Straight-line rent receivable | 45,268 | — | — | — |
| Investments in other joint ventures and partnerships | 30,883 | — | — | — |
| Prepaid expenses and other assets | 25,021 | 108,894 | 97,000 | 89,000 |
| Assets held for sale | 8,273 | 0 | 14,000 | 126,800 |
| Total assets | 1,659,537 | 1,670,432 | 1,646,200 | 1,787,300 |
| LIABILITIES AND EQUITY | ||||
| Liabilities: | ||||
| Notes payable and other debt | 491,585 | 474,837 | 464,000 | 472,200 |
| Accounts payable | 12,419 | 4,529 | 5,800 | 4,500 |
| Operating lease liabilities | 14,345 | — | 1,100 | 4,900 |
| Accrued post-retirement benefits | 7,757 | 7,582 | 10,000 | 10,100 |
| Refund liability | 45,300 | — | — | — |
| Deferred revenue | 12,356 | 72,462 | 70,400 | 68,800 |
| Accrued dividends | 26,753 | — | — | — |
| Real estate intangible liabilities, net | 13,939 | — | — | — |
| Accrued and other liabilities | 47,881 | 107,479 | 91,800 | 102,100 |
| Liabilities associated with assets held for sale | — | — | 100 | 81,000 |
| Total liabilities | 672,335 | 666,889 | 643,200 | 743,600 |
| Redeemable Noncontrolling Interest (Note 2) | — | — | 0 | 8,000 |
| Equity: | ||||
| Common stock - no par value; authorized, 225,000,000 shares; outstanding 72,820,075 and 72,633,866 shares at December 31, 2025 and 2024, respectively | 1,812,619 | 1,811,582 | 1,809,100 | 1,808,400 |
| Accumulated other comprehensive income (loss) | 18 | 6,134 | 3,200 | 1,800 |
| Distributions in excess of accumulated earnings | (825,435) | (814,173) | (809,300) | (774,500) |
| Total shareholders' equity | 987,202 | 1,003,543 | 1,003,000 | 1,035,700 |
| Total liabilities and equity | 1,659,537 | 1,670,432 | 1,646,200 | 1,787,300 |
As filed on EDGAR · Not affiliated with the U.S. SEC · Not investment advice. Each column links to its filing.