Updated Jul 25, 2025, 10:22 PM UTC
Income Statement - Metric | Q1 2021 | Q2 2021 | Q3 2021 | Q4 2021 | FY 2021 | Q1 2022 | Q2 2022 | Q3 2022 | Q4 2022 | FY 2022 | Q1 2023 | Q2 2023 | Q3 2023 | Q4 2023 | FY 2023 | Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | FY 2024 | Q1 2025 | Q2 2025 |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Total Operating Revenue (USD, thousands) | 208,900 | 61,202 | 51,047.00 | 61,944.00 | - | - | 53,738 | - | ||||||||||||||
Gain (loss) from disposals, net (USD, thousands) | 1,100 | 23 | 0.00 | - | - | 4,103 | - | |||||||||||||||
Operating Income (Loss) (USD, thousands) | 64,600 | 23,783 | 16,234.00 | 22,063.00 | - | - | 23,981 | - | ||||||||||||||
Interest Expense (USD, thousands) | (23,000) | (5,510) | (5,929.00) | (5,680.00) | - | - | (5,802) | - | ||||||||||||||
Income (Loss) from Continuing Operations Before Income Taxes (USD, thousands) | 40,800 | 20,238 | 11,832.00 | 19,379.00 | - | - | 21,255 | - | ||||||||||||||
Income Tax Benefit (Expense) (USD, thousands) | - | - | - | (75.00) | - | - | 39 | - | ||||||||||||||
Income (Loss) from Continuing Operations (USD, thousands) | 40,800 | 20,238 | 11,733.00 | 19,304.00 | - | - | 21,294 | - | ||||||||||||||
Income (loss) from discontinued operations, net of income taxes (USD, thousands) | (7,800) | (256) | (2,625.00) | (300.00) | - | - | 139 | - | ||||||||||||||
Net Income (Loss) (USD, thousands) | 33,000 | 19,982 | 9,108.00 | 19,004.00 | - | - | 21,433 | - | ||||||||||||||
Net Income (Loss) Attributable to A&B Shareholders (USD, thousands) | 29,800 | 19,982 | 9,108.00 | 19,004.00 | - | - | 21,433 | - | ||||||||||||||
Balance Sheet - Metric | Q1 2021 | Q2 2021 | Q3 2021 | Q4 2021 | FY 2021 | Q1 2022 | Q2 2022 | Q3 2022 | Q4 2022 | FY 2022 | Q1 2023 | Q2 2023 | Q3 2023 | Q4 2023 | FY 2023 | Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | FY 2024 | Q1 2025 | Q2 2025 |
Real Estate Property, Net (USD, thousands) | 1,381,700 | 1,377,716 | 1,369,039 | 1,395,012 | - | - | 1,413,060 | - | ||||||||||||||
Real Estate Developments (USD, thousands) | 58,100 | 55,531 | 60,856 | 54,696 | - | - | 41,466 | - | ||||||||||||||
Investments in Real Estate Joint Ventures and Partnerships (USD, thousands) | 6,900 | 6,828 | 6,765 | 5,907 | - | - | 5,907 | - | ||||||||||||||
Real Estate Intangible Assets, Net (USD, thousands) | 36,300 | 34,730 | 33,312 | 32,564 | - | - | 29,795 | - | ||||||||||||||
Real Estate Investments, Net (USD, thousands) | 1,483,000 | 1,474,805 | 1,469,972 | 1,488,179 | - | - | 1,499,444 | - | ||||||||||||||
Cash and Cash Equivalents (USD, thousands) | 13,500 | 15,683 | 17,919 | - | - | 16,855 | - | |||||||||||||||
Restricted Cash (USD, thousands) | 200 | 236,236 | 236,236 | 236,236 | - | - | 697 | - | ||||||||||||||
Accounts Receivable, Net (USD, thousands) | 4,500 | 3,715 | 4,580 | 3,501 | - | - | 4,942 | - | ||||||||||||||
Goodwill (USD, thousands) | 8,700 | 8,729 | 8,729 | 8,729 | - | - | 8,729 | - | ||||||||||||||
Other Receivables, Net (USD, thousands) | 23,600 | 15,407 | 13,666 | 12,607 | - | - | 11,185 | - | ||||||||||||||
Prepaid Expenses and Other Assets (USD, thousands) | 97,000 | 103,711 | 101,204 | 104,795 | - | - | 106,762 | - | ||||||||||||||
Total Assets (USD, thousands) | 1,646,200 | 1,636,290 | 1,641,909 | 1,650,002 | - | - | 1,648,614 | - | ||||||||||||||
Notes Payable and Other Debt (USD, thousands) | 464,000 | 469,804 | 472,179 | - | - | 452,843 | - | |||||||||||||||
Accounts Payable (USD, thousands) | 5,800 | 4,350 | 5,241 | 4,910 | - | - | 4,490 | - | ||||||||||||||
Accrued Post-Retirement Benefits (USD, thousands) | 10,000 | 8,275 | 8,216 | 8,173 | - | - | 7,535 | - | ||||||||||||||
Deferred Revenue (USD, thousands) | 70,400 | 72,460 | 71,243 | 72,499 | - | - | 75,085 | - | ||||||||||||||
Accrued and Other Liabilities (USD, thousands) | 91,800 | 87,305 | 85,833 | 94,059 | - | - | 103,518 | - | ||||||||||||||
Total Liabilities (USD, thousands) | 643,200 | 629,964 | 640,337 | 651,820 | - | - | 643,471 | - | ||||||||||||||
Total Shareholders' Equity (USD, thousands) | 1,003,000 | 1,006,326 | 1,001,572 | 998,182 | - | - | 1,005,143 | - | ||||||||||||||
Total Liabilities and Equity (USD, thousands) | 1,646,200 | 1,636,290 | 1,641,909 | 1,650,002 | - | - | 1,648,614 | - | ||||||||||||||
Cash Flow - Metric | Q1 2021 | Q2 2021 | Q3 2021 | Q4 2021 | FY 2021 | Q1 2022 | Q2 2022 | Q3 2022 | Q4 2022 | FY 2022 | Q1 2023 | Q2 2023 | Q3 2023 | Q4 2023 | FY 2023 | Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | FY 2024 | Q1 2025 | Q2 2025 |
Net income (loss) [USD, thousands] | 33,000 | 19,982 | 9,108.00 | 19,004.00 | - | - | 21,433 | - | ||||||||||||||
Loss (income) from discontinued operations [USD, thousands] | 7,800 | 256 | 2,625.00 | 300.00 | - | - | (139) | - | ||||||||||||||
Depreciation and amortization [USD, thousands] | 36,800 | 9,034 | 8,945.00 | 9,000.00 | - | - | 9,207 | - | ||||||||||||||
Loss (gain) from disposals, net [USD, thousands] | (1,100) | (23) | (2,125.00) | 0.00 | - | - | (4,296) | - | ||||||||||||||
Loss (gain) on de-designated interest rate swap valuation adjustment [USD, thousands] | 2,700 | (3,675) | 0.00 | 0.00 | - | - | - | - | ||||||||||||||
Share-based compensation expense [USD, thousands] | 6,100 | 1,126 | 1,262.00 | 1,266.00 | - | - | 1,370 | - | ||||||||||||||
Loss (income) related to joint ventures, net of operating cash distributions [USD, thousands] | (1,800) | 50 | (984.00) | (2,128.00) | - | - | (1,025) | - | ||||||||||||||
Operating cash flows from continuing operations [USD, thousands] | 75,500 | 16,464 | 23,145.00 | 35,783.00 | - | - | 25,882 | - | ||||||||||||||
Operating cash flows from discontinued operations [USD, thousands] | (8,400) | (403) | (841.00) | (474.00) | - | - | 115 | - | ||||||||||||||
Net cash provided by (used in) operations [USD, thousands] | 67,100 | 16,061 | 22,304.00 | 35,309.00 | - | - | 25,997 | - | ||||||||||||||
Capital expenditures for property, plant and equipment [USD, thousands] | (21,700) | (3,746) | (4,265.00) | (3,867.00) | - | - | (4,169) | - | ||||||||||||||
Proceeds from disposal of assets [USD, thousands] | 3,400 | 184 | (143.00) | 0.00 | - | - | 3,468 | - | ||||||||||||||
Payments for purchases of investments in affiliates and other investments [USD, thousands] | (300) | (113) | (11.00) | (34.00) | - | - | (92) | - | ||||||||||||||
Investing cash flows from continuing operations [USD, thousands] | (27,600) | (3,675) | (4,418.00) | (32,754.00) | - | - | (793) | - | ||||||||||||||
Investing cash flows from discontinued operations [USD, thousands] | 34,700 | 15,000 | 0.00 | 0.00 | - | - | - | - | ||||||||||||||
Net cash provided by (used in) investing activities [USD, thousands] | 7,100 | 11,325 | (4,418.00) | (32,754.00) | - | - | (793) | - | ||||||||||||||
Payments of notes payable and other debt and deferred financing costs [USD, thousands] | (35,100) | (15,441) | (58,862.00) | (12,482.00) | - | - | (16,560) | - | ||||||||||||||
Borrowings (payments) on line-of-credit agreement, net [USD, thousands] | 25,000 | 9,000 | 11,000.00 | 15,000.00 | - | - | (7,000) | - | ||||||||||||||
Cash dividends paid [USD, thousands] | (64,300) | (16,447) | (16,184.00) | (16,191.00) | - | - | (16,524) | - | ||||||||||||||
Repurchases of common stock and other payments [USD, thousands] | (5,400) | (2,332) | 0.00 | (486.00) | - | - | (1,240) | - | ||||||||||||||
Financing cash flows from continuing operations [USD, thousands] | (79,800) | (25,220) | (4,046.00) | (14,159.00) | - | - | (41,324) | - | ||||||||||||||
Financing cash flows from discontinued operations [USD, thousands] | (15,100) | - | - | - | - | - | - | - | ||||||||||||||
Net cash provided by (used in) financing activities [USD, thousands] | (94,900) | (25,220) | (4,046.00) | (14,159.00) | - | - | (41,324) | - | ||||||||||||||
Balance, beginning of period [USD, thousands] | 34,400 | 13,753 | 13,753 | 13,753 | - | - | 33,672 | - | ||||||||||||||
Balance, end of period [USD, thousands] | 13,700 | 15,919 | 29,759 | 18,155 | - | - | 17,552 | - | ||||||||||||||
Revenue by Segment - in Millions of USD | Q1 2021 | Q2 2021 | Q3 2021 | Q4 2021 | FY 2021 | Q1 2022 | Q2 2022 | Q3 2022 | Q4 2022 | FY 2022 | Q1 2023 | Q2 2023 | Q3 2023 | Q4 2023 | FY 2023 | Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | FY 2024 | Q1 2025 | Q2 2025 |
Commercial Real Estate | 194.0 | 48.9 | 49.208 | 49.4 | 49.89 | 197.4 | 51.043 | 50.73 | ||||||||||||||
Land Operations | 14.9 | 12.3 | 1.839 | 12.6 | 12.56 | 39.3 | 2.695 | 0.97 | ||||||||||||||
- Development Sales | 0.0 | 2.5 | - | 1.9 | - | 18.3 | 0.000 | 0.00 | ||||||||||||||
- Unimproved/Other Sales | 12.3 | 9.6 | - | 10.6 | - | 20.3 | 2.533 | 0.83 | ||||||||||||||
- Other Revenue | 2.6 | 0.2 | - | 0.2 | - | 0.7 | 0.162 | 0.15 | ||||||||||||||
Materials & Construction | - | - | - | - | - | - | - | - | ||||||||||||||
Total Revenue | 208.9 | 61.2 | 51.047 | 61.9 | 62.45 | 236.6 | 53.738 | 51.70 |