Company Information

  

Address: 822 BISHOP STREET
PO BOX 3440 
City: HONOLULU 
State: HI 
Zip Code: 96801 
Telephone: 808-525-6611 

Description of Business

Primary SIC Code: 6500
(As filed with the SEC)  

Alexander & Baldwin, Inc. ("A&B" or the "Company") is a Hawaii real estate company whose history in Hawaii dates back to 1870. Over time, A&B has evolved from a 571-acre sugar plantation on Maui to become one of Hawaii's premier real estate companies and the owner of the largest anchored strip retail center portfolio in the state. Following the separation from Matson, Inc. (NYSE: MATX) in mid-2012, the Company began implementing a focused strategy to concentrate its assets and operations in Hawaii where management is best able to employ its extensive local market knowledge and real estate expertise to create value for both shareholders and the community. Since 2012, the Company has made significant progress in concentrating its commercial portfolio in Hawaii ("Migration Strategy") such that the share of net operating income ("NOI") generated by its Hawaii commercial assets has grown from about 40 percent in 2012 to 85 percent in 2016.  ... More ...  

Per Share Overview

Date 12-mos Rolling EPS Dividend P/E Ratio
06/20170.680.07060.85
03/20170.670.07066.45
12/20160.650.07069.03
09/2016-0.470.070N/E
06/2016-0.330.060N/E
03/2016-0.120.060N/E
12/20150.540.06065.39
09/20150.960.06035.76

Key Financial Ratios and Statistics

FYE: 12/31

Profitability 2016 Leverage 2016
Net Inc/Comm Equity-0.01Total Liab/Total Assets0.43
Net Inc/Total Assets0.00Total Liab/Inv Cap0.43
Net Inc/Inv Cap0.00Total Liab/Comm Equity0.81
Pretax Inc/Net Sales0.09Interest Coverage Ratio2.34
Net Inc/Net Sales-0.03Curr Debt/EquityNA
Cash Flow/Net Sales0.29LTD/Equity0.43
SG&A/NetSales0.17Total Debt/Equity0.43
Asset Utilization   Liquidity  
Net Receivables Turnover5.08Quick RatioNA
Inventory Turnover5.41Current RatioNA
Inventory Day Sales0.02Net Rec/Curr AssetsNA
Net Sales/Work CapNAInv/Curr AssetsNA
Net Sales/PP&E0.27  

Income Statement (Millions)

  9/30/2017 6/30/2017 3/31/2017 12/31/2016
Total Revenues(Net Sales) 111.50 98.10 93.20 111.20
Cost of Goods Sold 75.20 69.60 66.30 75.90
Selling & Admin Exps 24.50 17.70 20.20 19.30
Operating Income 11.80 10.80 6.70 4.30
Interest Exp 6.10 6.20 6.20 6.20
Pretax Income 11.10 7.50 3.80 14.60
Other Income 1.10 1.00 2.00 0.80
Net Income Bef Extraordinary ... NA NA NA NA
Net Income 6.10 4.30 6.30 -0.10

Balance Sheet (Millions)

Assets 9/30/2017 6/30/2017 3/31/2017 12/31/2016
Cash & Short Term Investments 13.30 11.00 15.30 2.20
Receivables - Total 93.20 77.50 71.40 72.20
Inventories - Total 30.10 34.10 28.00 43.30
Total Current Assets NA NA NA NA
Net Property, Plant & Equipment 1,364.10 1,419.60 1,410.10 1,411.10
Total Assets 2,208.30 2,177.00 2,160.60 2,156.30
Liabilities        
Accounts Payable 71.00 69.50 64.50 76.70
Debt in Current Liabilities NA NA NA NA
Total Current Liabilities NA NA NA NA
Long-Term Debt 625.80 574.90 560.00 515.10
Total Liabilities 978.60 952.80 939.20 936.20
Stockholder's Equity        
Minority Interest 4.20 4.20 3.90 3.90
Preferred Stock NA NA NA NA
Common Stock 1,160.50 1,158.90 1,157.70 1,157.30
Retained Earnings 99.40 96.50 95.40 95.20
Treasury Stock NA NA NA NA
Total Stockholders' Equity 1,218.90 1,213.40 1,210.60 1,209.30
Total Liabilities and Stockholders' Equity 2,197.50 2,166.20 2,149.80 2,145.50

Cash Flow Summary (Millions)

Categories 9/30/2017 6/30/2017 3/31/2017 12/31/2016
Net Cash Provided by Operating Activities -28.60 -6.00 -10.60 62.80
Net Cash Provided by Investing Activities -14.70 -9.70 -13.60 29.00
Net Cash Provided by Financing Activities 45.60 11.40 37.30 -95.40

Annual Summary Data (Millions)

Year Sales Net Income EPS
12/2012261.5018.800.41
12/2013365.2034.300.32
12/2014456.3061.400.55
12/2015472.8029.600.54
12/2016387.50-10.200.65
Growth Rates10.33--12.21

Stock Ownership

Type Date(Q,M) No. Owners Shares Held (000s) % Own
Institutional09/30/1721239,09779.50




Report Date : 12/11/2017

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