Alexander & Baldwin, Inc.

ALEXNYSEReal Estate

$20.84

+$0.01(+0.05%)

Market Cap$1.5B

P/E Ratio—

52W High$21.03

52W Low$15.07

Avg Volume894K

Open$20.85

Beta0.95

Free Cash Flow Financials Revenue

Alexander & Baldwin, Inc. (ALEX) Free Cash Flow & Analysis

Annual & trailing free cash flow, FCF margin, YoY change, valuation ratios, and peer context.

ALEX · free cash flow · updated Jun 8, 2026

Core FCF metrics

ALEX · FCF · TTM · margin & CAGR

Free cash flow was $27.3M for FY2025 (fiscal year ending 2025-12-31), down 42.2% year-over-year The FCF margin was 13.2%. Five-year CAGR stands at -8.5%.

FY2025 Free Cash Flow$27.3M▼ -42.2% YoY

Trailing 12M (TTM)$27.3Mtrailing 4 quarters sum

FCF Margin13.2%$27.3M ÷ revenue

3-Year CAGR+30.4%FY2022 → FY2025

5-Year CAGR-8.5%FY2020 → FY2025

FormulaFCF = Operating Cash Flow − Capital ExpendituresTTM = trailing 4 quarters sumCAGR → N/A if either endpoint ≤ 0

Source: FMP /cash-flow-statement · SEC 10-K / 10-Q · USDUpdated: Jun 8, 2026

Annual free cash flow history

FCF ($B, upper) · YoY Growth % (lower)

Positive FCFNegative FCF

Free Cash Flow

YoY Growth %

Annual free cash flow data

ALEX · free cash flow history · annual / quarterly

Fiscal YearOperating CFCapExFree Cash FlowYoY ChangeFCF Margin

FY2025Latest$79.5M(52M)$27.3M▼ 42.2%13.2%

FY2024$98.0M(51M)$47.2M▲ +31.5%19.9%

FY2023$67.1M(31M)$35.9M▲ +191.9%17.2%

FY2022$34.0M(22M)$12.3M▼ 86.9%5.3%

FY2021$124.2M(30M)$93.9M▲ +120.9%37.0%

FCF = Operating Cash Flow − Capital Expenditures · CapEx shown as (negative) · Source: SEC filings via FMP

FCF valuation metrics

ALEX · P/FCF · FCF yield · FCF per share

Alexander & Baldwin, Inc. (ALEX) trades at a FCF yield of 1.80% and a price-to-free-cash-flow ratio of 54.8x. FCF per share stands at $0.38, calculated using trailing twelve-month FCF divided by basic weighted-average shares outstanding.

FCF Yield (TTM)

1.80%

Free Cash Flow ÷ Market Cap

per FMP freeCashFlowYieldTTM definition

FCF per Share (TTM)

$0.38

TTM FCF ÷ Shares Outstanding

Price / FCF

x54.8

Share Price ÷ FCF per Share

EV / FCF (TTM)

x73.8

Enterprise Value basis

Source: FMP /key-metrics-ttm · /cash-flow-statement Q · /income-statementFY2025 · 2025-12-31

Cash flow statement summary

ALEX · cash flow statement · operating / investing / financing

For FY2025, Alexander & Baldwin, Inc. generated $79.5M in operating cash flow and spent 52M in capital expenditures, yielding $27.3M in free cash flow.

Operating Activities

+$79.5M

Cash from core business operations

2025-12-31

Investing Activities

−$45.5M

CapEx, acquisitions & investments

2025-12-31

Financing Activities

−$56.1M

Buybacks, dividends & debt

2025-12-31

FCF FormulaOperating CF ($79.5M) − |CapEx| (52M) = FCF ($27.3M)

For the complete Operating / Investing / Financing line-item breakdown:

View Full Cash Flow Statement →

Free cash flow vs peers (Real Estate)

ALEX vs peers · FCF

#CompanyFree Cash FlowYoYFCF MarginRelative

Alexander & Baldwin, Inc.YOU

ALEX

$27.3M-42.2%13.2%

American Tower Corporation

AMT

$3.78B+2.2%35.5%

76%

Simon Property Group, Inc.

Real Estate · Sorted by FCF · FMP /cash-flow-statementFull FCF Rankings →

About Free Cash Flow & Methodology

Alexander & Baldwin, Inc. (ALEX) reported free cash flow of $27.3M for FY2025 (fiscal year ending 2025-12-31), down 42.2% year-over-year. The FCF margin was 13.2%.

Based on available data, Alexander & Baldwin, Inc. has maintained positive free cash flow for at least 9 fiscal year(s). FCF peaked at $93.9M in FY2021. The 5-year CAGR stands at -8.5%.

Alexander & Baldwin, Inc.'s FCF yield is 1.80% and price-to-FCF ratio is 54.8x for FY2025, based on the latest available data.

Data sourced from FMP /cash-flow-statement · SEC 10-K / 10-Q · USD.

Q&A and summaries align with SEC 10-K/10-Q cash flow disclosures and FMP /cash-flow-statement where noted.

Revenue Financial statements Net income Earnings Forecast Price history Market cap Cash on hand P/E ratio

Frequently asked questions

ALEX free cash flow · 8 questions

Alexander & Baldwin, Inc. free cash flow was $27.3M for FY2025, down 42.2% year-over-year. On a trailing twelve-month (TTM) basis, free cash flow stands at $27.3M.

ALEX free cash flowALEX FCFALEX FCF 2025ALEX free cash flow TTM

▸ Source: FMP /cash-flow-statement · US GAAP · Alexander & Baldwin, Inc. · Alexander & Baldwin, Inc. SEC 10-K & 10-Q filings · US GAAP · Last updated: Jun 8, 2026