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Stock Comparison

MATX vs ASC vs SBLK vs INSW

Revenue, margins, valuation, and 5-year total return — side by side.

Live fundamentals10-year financials5-year price chart
MATX
Matson, Inc.

Marine Shipping

IndustrialsNYSE • US
Market Cap$5.48B
5Y Perf.+530.1%
ASC
Ardmore Shipping Corporation

Marine Shipping

IndustrialsNYSE • BM
Market Cap$770M
5Y Perf.+222.9%
SBLK
Star Bulk Carriers Corp.

Marine Shipping

IndustrialsNASDAQ • GR
Market Cap$3.09B
5Y Perf.+426.7%
INSW
International Seaways, Inc.

Oil & Gas Midstream

EnergyNYSE • US
Market Cap$4.46B
5Y Perf.+297.6%

MATX vs ASC vs SBLK vs INSW — Key Financials

Market cap, revenue, margins, and valuation side-by-side.

Company Snapshot
MATX logoMATX
ASC logoASC
SBLK logoSBLK
INSW logoINSW
IndustryMarine ShippingMarine ShippingMarine ShippingOil & Gas Midstream
Market Cap$5.48B$770M$3.09B$4.46B
Revenue (TTM)$3.32B$310M$1.04B$676M
Net Income (TTM)$429M$41M$84M$546M
Gross Margin18.4%28.8%33.0%40.6%
Operating Margin13.6%20.8%13.6%44.4%
Forward P/E13.4x6.5x8.0x8.5x
Total Debt$727M$129M$1.07B$576M
Cash & Equiv.$142M$47M$500M$117M

MATX vs ASC vs SBLK vs INSWLong-Term Stock Performance

Price return indexed to 100 at period start. Dividends excluded.

MATX
ASC
SBLK
INSW
StockMay 20May 26Return
Matson, Inc. (MATX)100630.1+530.1%
Ardmore Shipping Co… (ASC)100322.9+222.9%
Star Bulk Carriers … (SBLK)100526.7+426.7%
International Seawa… (INSW)100397.6+297.6%

Price return only. Dividends and distributions are not included.

Quick Verdict: MATX vs ASC vs SBLK vs INSW

Each card shows where this stock fits in a portfolio — not just who wins on paper.

Bottom line: INSW leads in 5 of 7 categories, making it the strongest pick for profitability and margin quality and capital preservation and lower volatility. Matson, Inc. is the stronger pick specifically for growth and revenue expansion. SBLK also leads in specific categories worth noting. This set spans 2 sectors — these stocks serve different portfolio roles, not just different price points.
MATX
Matson, Inc.
The Growth Play

MATX is the #2 pick in this set and the best alternative if growth exposure is your priority.

  • Rev growth -2.3%, EPS growth -0.4%, 3Y rev CAGR -8.3%
  • -2.3% revenue growth vs ASC's -23.6%
Best for: growth exposure
ASC
Ardmore Shipping Corporation
The Defensive Pick

ASC is the clearest fit if your priority is sleep-well-at-night.

  • Lower volatility, beta 0.48, Low D/E 20.3%, current ratio 4.33x
Best for: sleep-well-at-night
SBLK
Star Bulk Carriers Corp.
The Value Pick

SBLK is the clearest fit if your priority is valuation efficiency.

  • PEG 0.16 vs MATX's 0.52
  • Lower P/E (8.0x vs 8.5x)
Best for: valuation efficiency
INSW
International Seaways, Inc.
The Income Pick

INSW carries the broadest edge in this set and is the clearest fit for income & stability and long-term compounding.

  • Dividend streak 0 yrs, beta 0.43, yield 3.2%
  • 10.1% 10Y total return vs SBLK's 9.8%
  • Beta 0.43, yield 3.2%, current ratio 3.71x
  • 80.8% margin vs SBLK's 8.1%
Best for: income & stability and long-term compounding
See the full category breakdown
CategoryWinnerWhy
GrowthMATX logoMATX-2.3% revenue growth vs ASC's -23.6%
ValueSBLK logoSBLKLower P/E (8.0x vs 8.5x)
Quality / MarginsINSW logoINSW80.8% margin vs SBLK's 8.1%
Stability / SafetyINSW logoINSWBeta 0.43 vs MATX's 1.76
DividendsINSW logoINSW3.2% yield, vs MATX's 0.8%
Momentum (1Y)INSW logoINSW+160.2% vs SBLK's +83.1%
Efficiency (ROA)INSW logoINSW20.1% ROA vs SBLK's 2.2%, ROIC 9.4% vs 3.2%

MATX vs ASC vs SBLK vs INSW — Revenue Breakdown by Segment

How each company's revenue is distributed across its business units

MATXMatson, Inc.
FY 2025
Ocean. Transportation.
81.8%$2.7B
Logistics.
18.2%$609M
ASCArdmore Shipping Corporation

Segment breakdown not available.

SBLKStar Bulk Carriers Corp.

Segment breakdown not available.

INSWInternational Seaways, Inc.
FY 2025
Pool Revenue Leases
76.1%$642M
Time and Bareboat Charter Leases
18.7%$158M
Voyage Charter Leases
5.2%$44M

MATX vs ASC vs SBLK vs INSW — Financial Metrics

Side-by-side numbers across 4 stocks — who leads on profitability, valuation, growth, and risk.

BEST OVERALLINSWLAGGINGSBLK

Income & Cash Flow (Last 12 Months)

INSW leads this category, winning 5 of 6 comparable metrics.

MATX is the larger business by revenue, generating $3.3B annually — 10.7x ASC's $310M. INSW is the more profitable business, keeping 80.8% of every revenue dollar as net income compared to SBLK's 8.1%. On growth, ASC holds the edge at +1.1% YoY revenue growth, suggesting stronger near-term business momentum.

MetricMATX logoMATXMatson, Inc.ASC logoASCArdmore Shipping …SBLK logoSBLKStar Bulk Carrier…INSW logoINSWInternational Sea…
RevenueTrailing 12 months$3.3B$310M$1.0B$676M
EBITDAEarnings before interest/tax$644M$101M$311M$465M
Net IncomeAfter-tax profit$429M$41M$84M$546M
Free Cash FlowCash after capex$418M-$41M$209M$193M
Gross MarginGross profit ÷ Revenue+18.4%+28.8%+33.0%+40.6%
Operating MarginEBIT ÷ Revenue+13.6%+20.8%+13.6%+44.4%
Net MarginNet income ÷ Revenue+12.9%+13.2%+8.1%+80.8%
FCF MarginFCF ÷ Revenue+12.6%-13.2%+20.0%+28.5%
Rev. Growth (YoY)Latest quarter vs prior year-3.1%+1.1%-2.7%-91.3%
EPS Growth (YoY)Latest quarter vs prior year-15.1%+91.7%+58.3%+4.8%
INSW leads this category, winning 5 of 6 comparable metrics.

Valuation Metrics

Evenly matched — MATX and ASC each lead in 3 of 7 comparable metrics.

At 13.0x trailing earnings, MATX trades at a 65% valuation discount to SBLK's 36.7x P/E. Adjusting for growth (PEG ratio), MATX offers better value at 0.51x vs SBLK's 0.75x — a lower PEG means you pay less per unit of expected earnings growth.

MetricMATX logoMATXMatson, Inc.ASC logoASCArdmore Shipping …SBLK logoSBLKStar Bulk Carrier…INSW logoINSWInternational Sea…
Market CapShares × price$5.5B$770M$3.1B$4.5B
Enterprise ValueMkt cap + debt − cash$6.1B$852M$3.7B$4.9B
Trailing P/EPrice ÷ TTM EPS12.98x21.43x36.73x14.48x
Forward P/EPrice ÷ next-FY EPS est.13.40x6.51x8.00x8.52x
PEG RatioP/E ÷ EPS growth rate0.51x0.75x
EV / EBITDAEnterprise value multiple7.61x7.41x11.87x10.48x
Price / SalesMarket cap ÷ Revenue1.64x2.48x2.97x5.29x
Price / BookPrice ÷ Book value/share2.03x1.21x1.26x2.21x
Price / FCFMarket cap ÷ FCF35.63x14.73x117.08x
Evenly matched — MATX and ASC each lead in 3 of 7 comparable metrics.

Profitability & Efficiency

INSW leads this category, winning 4 of 9 comparable metrics.

INSW delivers a 27.1% return on equity — every $100 of shareholder capital generates $27 in annual profit, vs $3 for SBLK. ASC carries lower financial leverage with a 0.20x debt-to-equity ratio, signaling a more conservative balance sheet compared to SBLK's 0.44x. On the Piotroski fundamental quality scale (0–9), INSW scores 6/9 vs SBLK's 5/9, reflecting solid financial health.

MetricMATX logoMATXMatson, Inc.ASC logoASCArdmore Shipping …SBLK logoSBLKStar Bulk Carrier…INSW logoINSWInternational Sea…
ROE (TTM)Return on equity+15.9%+6.4%+3.4%+27.1%
ROA (TTM)Return on assets+9.3%+5.5%+2.2%+20.1%
ROICReturn on invested capital+10.8%+9.0%+3.2%+9.4%
ROCEReturn on capital employed+11.3%+11.3%+4.0%+12.1%
Piotroski ScoreFundamental quality 0–95556
Debt / EquityFinancial leverage0.26x0.20x0.44x0.29x
Net DebtTotal debt minus cash$585M$82M$572M$459M
Cash & Equiv.Liquid assets$142M$47M$500M$117M
Total DebtShort + long-term debt$727M$129M$1.1B$576M
Interest CoverageEBIT ÷ Interest expense127.63x7.70x2.08x0.90x
INSW leads this category, winning 4 of 9 comparable metrics.

Total Returns (Dividends Reinvested)

INSW leads this category, winning 6 of 6 comparable metrics.

A $10,000 investment in INSW five years ago would be worth $53,809 today (with dividends reinvested), compared to $17,911 for SBLK. Over the past 12 months, INSW leads with a +160.2% total return vs SBLK's +83.1%. The 3-year compound annual growth rate (CAGR) favors INSW at 40.9% vs ASC's 15.8% — a key indicator of consistent wealth creation.

MetricMATX logoMATXMatson, Inc.ASC logoASCArdmore Shipping …SBLK logoSBLKStar Bulk Carrier…INSW logoINSWInternational Sea…
YTD ReturnYear-to-date+46.1%+81.3%+40.3%+96.5%
1-Year ReturnPast 12 months+92.4%+97.0%+83.1%+160.2%
3-Year ReturnCumulative with dividends+177.5%+55.2%+60.6%+179.7%
5-Year ReturnCumulative with dividends+181.0%+388.2%+79.1%+438.1%
10-Year ReturnCumulative with dividends+476.1%+155.3%+977.3%+1014.5%
CAGR (3Y)Annualised 3-year return+40.5%+15.8%+17.1%+40.9%
INSW leads this category, winning 6 of 6 comparable metrics.

Risk & Volatility

Evenly matched — SBLK and INSW each lead in 1 of 2 comparable metrics.

INSW is the less volatile stock with a 0.43 beta — it tends to amplify market swings less than MATX's 1.76 beta. A beta below 1.0 means the stock typically moves less than the S&P 500. SBLK currently trades 98.6% from its 52-week high vs MATX's 95.1% drawdown — a narrower gap to the peak suggests stronger recent price momentum.

MetricMATX logoMATXMatson, Inc.ASC logoASCArdmore Shipping …SBLK logoSBLKStar Bulk Carrier…INSW logoINSWInternational Sea…
Beta (5Y)Sensitivity to S&P 5001.76x0.48x0.73x0.43x
52-Week HighHighest price in past year$189.28$19.61$27.20$91.58
52-Week LowLowest price in past year$86.97$9.18$14.79$35.60
% of 52W HighCurrent price vs 52-week peak+95.1%+96.2%+98.6%+98.5%
RSI (14)Momentum oscillator 0–10064.174.872.867.3
Avg Volume (50D)Average daily shares traded274K677K1.4M597K
Evenly matched — SBLK and INSW each lead in 1 of 2 comparable metrics.

Analyst Outlook

Evenly matched — MATX and INSW each lead in 1 of 2 comparable metrics.

Analyst consensus: MATX as "Buy", ASC as "Buy", SBLK as "Buy", INSW as "Buy". Consensus price targets imply 8.2% upside for SBLK (target: $29) vs -7.6% for INSW (target: $83). For income investors, INSW offers the higher dividend yield at 3.23% vs MATX's 0.80%.

MetricMATX logoMATXMatson, Inc.ASC logoASCArdmore Shipping …SBLK logoSBLKStar Bulk Carrier…INSW logoINSWInternational Sea…
Analyst RatingConsensus buy/hold/sellBuyBuyBuyBuy
Price TargetConsensus 12-month target$190.00$19.00$29.00$83.33
# AnalystsCovering analysts11172413
Dividend YieldAnnual dividend ÷ price+0.8%+2.0%+1.1%+3.2%
Dividend StreakConsecutive years of raises12000
Dividend / ShareAnnual DPS$1.44$0.38$0.30$2.92
Buyback YieldShare repurchases ÷ mkt cap+5.5%0.0%+3.2%0.0%
Evenly matched — MATX and INSW each lead in 1 of 2 comparable metrics.
Key Takeaway

INSW leads in 3 of 6 categories — strongest in Income & Cash Flow and Profitability & Efficiency. 3 categories are tied.

Best OverallInternational Seaways, Inc. (INSW)Leads 3 of 6 categories
Loading custom metrics...

MATX vs ASC vs SBLK vs INSW: Key Questions Answered

10 questions · data-driven answers · updated daily

01

Is MATX or ASC or SBLK or INSW a better buy right now?

For growth investors, Matson, Inc.

(MATX) is the stronger pick with -2. 3% revenue growth year-over-year, versus -23. 6% for Ardmore Shipping Corporation (ASC). Matson, Inc. (MATX) offers the better valuation at 13. 0x trailing P/E (13. 4x forward), making it the more compelling value choice. Analysts rate Matson, Inc. (MATX) a "Buy" — based on 11 analyst ratings — the highest consensus in this comparison. The "better buy" depends entirely on your goals: growth investors should weight revenue trajectory, value investors should weight P/E and PEG, and income investors should weight dividend yield and streak.

02

Which has the better valuation — MATX or ASC or SBLK or INSW?

On trailing P/E, Matson, Inc.

(MATX) is the cheapest at 13. 0x versus Star Bulk Carriers Corp. at 36. 7x. On forward P/E, Ardmore Shipping Corporation is actually cheaper at 6. 5x — notably different from the trailing picture, reflecting expected earnings growth. The PEG ratio (P/E divided by earnings growth rate) is the most growth-adjusted single valuation metric: Star Bulk Carriers Corp. wins at 0. 16x versus Matson, Inc. 's 0. 52x — a PEG below 1. 0 traditionally signals the market is underpricing earnings growth.

03

Which is the better long-term investment — MATX or ASC or SBLK or INSW?

Over the past 5 years, International Seaways, Inc.

(INSW) delivered a total return of +438. 1%, compared to +79. 1% for Star Bulk Carriers Corp. (SBLK). Over 10 years, the gap is even starker: INSW returned +1015% versus ASC's +155. 3%. Past returns do not guarantee future results, and the stock with the higher historical return may already have its best growth priced in.

04

Which is safer — MATX or ASC or SBLK or INSW?

By beta (market sensitivity over 5 years), International Seaways, Inc.

(INSW) is the lower-risk stock at 0. 43β versus Matson, Inc. 's 1. 76β — meaning MATX is approximately 309% more volatile than INSW relative to the S&P 500. On balance sheet safety, Ardmore Shipping Corporation (ASC) carries a lower debt/equity ratio of 20% versus 44% for Star Bulk Carriers Corp. — giving it more financial flexibility in a downturn.

05

Which is growing faster — MATX or ASC or SBLK or INSW?

By revenue growth (latest reported year), Matson, Inc.

(MATX) is pulling ahead at -2. 3% versus -23. 6% for Ardmore Shipping Corporation (ASC). On earnings-per-share growth, the picture is similar: Matson, Inc. grew EPS -0. 4% year-over-year, compared to -73. 9% for Star Bulk Carriers Corp.. Over a 3-year CAGR, INSW leads at -0. 8% annualised revenue growth. Higher growth typically commands a higher valuation multiple — check whether the premium P/E or P/S is justified by the growth rate using the PEG ratio.

06

Which has better profit margins — MATX or ASC or SBLK or INSW?

International Seaways, Inc.

(INSW) is the more profitable company, earning 36. 7% net margin versus 8. 1% for Star Bulk Carriers Corp. — meaning it keeps 36. 7% of every revenue dollar as bottom-line profit. Operating margin tells a similar story: INSW leads at 36. 3% versus 13. 5% for SBLK. At the gross margin level — before operating expenses — INSW leads at 42. 3%, reflecting greater pricing power or product mix advantage. Stronger margins indicate durable pricing power, lower cost of revenue, or higher mix of software/services. They are one of the clearest signs of business quality.

07

Is MATX or ASC or SBLK or INSW more undervalued right now?

The PEG ratio (forward P/E divided by expected earnings growth rate) is the most precise measure of undervaluation relative to growth potential.

By this metric, Star Bulk Carriers Corp. (SBLK) is the more undervalued stock at a PEG of 0. 16x versus Matson, Inc. 's 0. 52x. A PEG below 1. 0 is traditionally considered the threshold for growth-adjusted undervaluation. On forward earnings alone, Ardmore Shipping Corporation (ASC) trades at 6. 5x forward P/E versus 13. 4x for Matson, Inc. — 6. 9x cheaper on a one-year earnings basis. Analyst consensus price targets imply the most upside for SBLK: 8. 2% to $29. 00.

08

Which pays a better dividend — MATX or ASC or SBLK or INSW?

All stocks in this comparison pay dividends.

International Seaways, Inc. (INSW) offers the highest yield at 3. 2%, versus 0. 8% for Matson, Inc. (MATX).

09

Is MATX or ASC or SBLK or INSW better for a retirement portfolio?

For long-horizon retirement investors, International Seaways, Inc.

(INSW) is the stronger choice — it scores higher on the combination of lower volatility, dividend reliability, and long-term compounding (low volatility (β 0. 43), 3. 2% yield, +1015% 10Y return). Matson, Inc. (MATX) carries a higher beta of 1. 76 — meaning larger drawdowns in market downturns, which matters significantly when you cannot wait years for a recovery. Both have compounded well over 10 years (INSW: +1015%, MATX: +476. 1%), confirming both are viable long-term holds — but the lower-volatility option typically results in less emotional selling during corrections. Retirement portfolios generally favour predictability over maximum returns. Consult a financial advisor before making allocation decisions.

10

What are the main differences between MATX and ASC and SBLK and INSW?

These companies operate in different sectors (MATX (Industrials) and ASC (Industrials) and SBLK (Industrials) and INSW (Energy)), which means they face different economic cycles, regulatory environments, and macro sensitivities — making direct comparison nuanced.

In terms of investment character: MATX is a small-cap deep-value stock; ASC is a small-cap quality compounder stock; SBLK is a small-cap quality compounder stock; INSW is a small-cap deep-value stock. These fundamental differences mean investors should not choose between them on a single metric — the "better stock" depends entirely on which of these characteristics aligns with your investment strategy.

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MATX

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ASC

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  • Sector: Industrials
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SBLK

Stable Dividend Mega-Cap

  • Sector: Industrials
  • Market Cap > $100B
  • Net Margin > 5%
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INSW

Dividend Mega-Cap Quality

  • Sector: Energy
  • Market Cap > $100B
  • Net Margin > 48%
  • Dividend Yield > 1.2%
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Custom Screen

Beat Both

Find stocks that outperform MATX and ASC and SBLK and INSW on the metrics below

Revenue Growth>
%
(MATX: -3.1% · ASC: 1.1%)
Net Margin>
%
(MATX: 12.9% · ASC: 13.2%)
P/E Ratio<
x
(MATX: 13.0x · ASC: 21.4x)

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