8-K Announcements
6Material company update
May 4, 2026·SEC
Material company update
Apr 27, 2026·SEC
Material company update
Apr 24, 2026·SEC
Matson, Inc.(MATX)Earnings, Financials & Key Ratios
MATX•NYSE
$183.73
$5.59B mkt cap·13.2× P/E·Price updated May 6, 2026
AboutMatson, Inc., together with its subsidiaries, provides ocean transportation and logistics services. The company's Ocean Transportation segment offers ocean freight transportation services to the domestic non-contiguous economies of Hawaii, Alaska, and Guam, as well as to other island economies in Micronesia. It primarily transports dry containers of mixed commodities, refrigerated commodities, packaged foods and beverages, building materials, automobiles, and household goods; livestock; seafood; general sustenance cargo; and garments, footwear, e-commerce, and other retail merchandise. This segment also operates an expedited service from China to Long Beach, California, and various islands in the South Pacific, as well as Okinawa, Japan; and provides container stevedoring, refrigerated cargo services, inland transportation, container equipment maintenance, and other terminal services to ocean carriers on the Hawaiian islands of Oahu, Hawaii, Maui, and Kauai, as well as in the Alaska locations of Anchorage, Kodiak, and Dutch Harbor. In addition, the company offers vessel management and container transshipment services. Its Logistics segment provides multimodal transportation brokerage services, including domestic and international rail intermodal, long-haul and regional highway trucking, specialized hauling, flat-bed and project, less-than-truckload, and expedited freight services; less-than-container load consolidation and freight forwarding services; warehousing and distribution services; supply chain management services, and non-vessel operating common carrier freight forwarding services. The company serves the U.S. military, freight forwarders, retailers, consumer goods, automobile manufacturers, and other customers. The company was formerly known as Alexander & Baldwin Holdings, Inc. and changed its name to Matson, Inc. in June 2012. Matson, Inc. was founded in 1882 and is headquartered in Honolulu, Hawaii.Show more
- Revenue$3.34B-2.3%
- EBITDA$796M-7.6%
- Net Income$445M-6.6%
- EPS (Diluted)13.87-0.4%
- Gross Margin22.77%-9.0%
- EBITDA Margin23.81%-5.4%
- Operating Margin13.97%-13.4%
- Net Margin13.3%-4.5%
- ROE16.44%-12.8%
- ROIC10.82%-20.0%
- Debt/Equity0.26-6.7%
- Interest Coverage32.40-60.0%
MATX Key Insights
Matson, Inc. (MATX) fundamental analysis — strengths, weaknesses & financial health based on data analysis
✓Strengths
- ✓Strong 5Y profit CAGR of 18.2%
- ✓12 consecutive years of dividend growth
- ✓Momentum leader: RS Rating 87 (top 13%)
- ✓High quality earnings: Operating CF exceeds net income
- ✓Good 3Y average ROE of 16.0%
- ✓Share count reduced 9.1% through buybacks
✗Weaknesses
No significant weaknesses identified
* These insights are generated automatically based on available financial data. Please conduct your own research before making investment decisions.
MATX Price & Volume
Matson, Inc. (MATX) stock price & volume — 10-year historical chart
Loading chart...
MATX Growth Metrics
Matson, Inc. (MATX) revenue, earnings & EPS growth — 3, 5 & 10-year CAGR
Revenue CAGR
10 Years5.9%
5 Years7.01%
3 Years-8.34%
TTM-4.64%
Profit CAGR
10 Years15.75%
5 Years18.16%
3 Years-25.23%
TTM-16.29%
EPS CAGR
10 Years19.48%
5 Years25.59%
3 Years-19.98%
TTM-10.34%
Return on Capital
10 Years14.91%
5 Years22.64%
3 Years11.54%
Last Year11.3%
MATX Recent Earnings
Matson, Inc. (MATX) EPS & revenue vs analyst estimates — last 4 quarters
●Beat EPS 10/12 qtrs (83%)●Beat Revenue 8/12 qtrs (67%)
Q2 2026Latest
May 4, 2026EPS
$1.85
Est $1.65
+12.1%
Revenue
$758M
Est $778M
-2.5%
Q1 2026
Feb 24, 2026EPS
$4.60
Est $3.69
+24.7%
Revenue
$852M
Est $847M
+0.5%
Q4 2025
Nov 4, 2025EPS
$4.24
Est $3.25
+30.5%
Revenue
$880M
Est $837M
+5.1%
Q3 2025
Jul 31, 2025EPS
$2.92
Est $2.18
+33.9%
Revenue
$831M
Est $838M
-0.9%
| Quarter | Date | EPS (Act vs Est) | Revenue (Act vs Est) |
|---|---|---|---|
| Q2 2026Latest | May 4, 2026 | $1.85vs $1.65+12.1% | $758Mvs $778M-2.5% |
| Q1 2026 | Feb 24, 2026 | $4.60vs $3.69+24.7% | $852Mvs $847M+0.5% |
| Q4 2025 | Nov 4, 2025 | $4.24vs $3.25+30.5% | $880Mvs $837M+5.1% |
| Q3 2025 | Jul 31, 2025 | $2.92vs $2.18+33.9% | $831Mvs $838M-0.9% |
Based on last 12 quarters of dataView full earnings history →
MATX Peer Comparison
Matson, Inc. (MATX) competitors in Coastal and Jones Act Shipping — business model, growth, and fundamentals comparison
| Company | Market Cap | Stock Price | P/E Ratio (TTM) | Revenue Growth 1Y | Net Margin | Return on Equity (ROE) | FCF Yield | Debt / Equity |
|---|---|---|---|---|---|---|---|---|
 ZIM | 3.35B | 27.84 | 7.00 | -18.07% | 6.94% | 12.05% | 1.43 | |
 SBLK | 3.1B | 26.90 | 36.85 | -17.62% | 8.07% | 3.44% | 0.44 | |
 INSW | 4.24B | 85.77 | 13.77 | -11.38% | 36.67% | 16.02% | 0.29 | |
 ASC | 766.68M | 18.79 | 21.35 | -23.56% | 13.22% | 6.37% | 0.20 | |
 UPS | 84.87B | 99.88 | 15.23 | -2.49% | 5.94% | 32.98% | 1.99 | |
 FDX | 88.69B | 377.19 | 22.44 | 0.27% | 4.88% | 15.76% | 1.33 | |
 CHRW | 20B | 168.59 | 34.90 | -8.42% | 3.7% | 33.32% | 0.88 | |
 EXPD | 20.11B | 151.24 | 25.42 | 4.42% | 7.48% | 36.68% | 0.24 |
Compare MATX vs Peers
Matson, Inc. (MATX) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.
MATX Income Statement
Matson, Inc. (MATX) annual income statement — 10-year revenue, gross profit & net income history
10Y historyFree accessUpdated daily
| Line item | Dec'17 | Dec'18 | Dec'19 | Dec'20 | Dec'21 | Dec'22 | Dec'23 | Dec'24 | Dec'25 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|
| Sales/Revenue | 2.05B | 2.22B | 2.2B | 2.38B | 3.93B | 4.34B | 3.09B | 3.42B | 3.34B | 3.32B |
| Revenue Growth % | 5.42% | 8.59% | -0.89% | 8.18% | 64.7% | 10.64% | -28.75% | 10.57% | -2.26% | -4.64% |
| Cost of Goods Sold | 1.72B | 1.88B | 1.88B | 1.9B | 2.56B | 2.81B | 2.47B | 2.57B | 2.58B | 1.95B |
| COGS % of Revenue | 84.08% | 84.35% | 85.24% | 79.9% | 65.16% | 64.74% | 79.84% | 74.99% | 77.23% | - |
| Gross Profit | 325.9M▲ 0% | 347.8M▲ 6.7% | 325.1M▼ 6.5% | 479M▲ 47.3% | 1.37B▲ 185.5% | 1.53B▲ 12.0% | 623.9M▼ 59.3% | 855.9M▲ 37.2% | 761.4M▼ 11.0% | 610.5M▲ 0% |
| Gross Margin % | 15.92% | 15.65% | 14.76% | 20.1% | 34.84% | 35.26% | 20.16% | 25.01% | 22.77% | 18.39% |
| Gross Profit Growth % | 1.05% | 6.72% | -6.53% | 47.34% | 185.53% | 11.98% | -59.26% | 37.19% | -11.04% | - |
| Operating Expenses | 206.8M | 220.8M | 216.8M | 225M | 236.5M | 261M | 283.3M | 303.6M | 294.1M | 296.2M |
| OpEx % of Revenue | 10.1% | 9.93% | 9.84% | 9.44% | 6.02% | 6.01% | 9.15% | 8.87% | 8.79% | - |
| Selling, General & Admin | 208.5M | 220.8M | 216.8M | 225M | 236.5M | 261M | 283.3M | 303.6M | 294.1M | 296.2M |
| SG&A % of Revenue | 10.19% | 9.93% | 9.84% | 9.44% | 6.02% | 6.01% | 9.15% | 8.87% | 8.79% | - |
| Research & Development | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| R&D % of Revenue | - | - | - | - | - | - | - | - | - | - |
| Other Operating Expenses | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Operating Income | 119.1M▲ 0% | 127M▲ 6.6% | 108.3M▼ 14.7% | 254M▲ 134.5% | 1.13B▲ 345.4% | 1.27B▲ 12.3% | 340.6M▼ 73.2% | 552.3M▲ 62.2% | 467.3M▼ 15.4% | 453.2M▲ 0% |
| Operating Margin % | 5.82% | 5.71% | 4.92% | 10.66% | 28.82% | 29.25% | 11.01% | 16.14% | 13.97% | 13.65% |
| Operating Income Growth % | -14.19% | 6.63% | -14.72% | 134.53% | 345.35% | 12.31% | -73.19% | 62.16% | -15.39% | - |
| EBITDA | 217.2M | 218.7M | 300.7M | 461.9M | 1.39B | 1.58B | 645.9M | 861.4M | 796.2M | 643.9M |
| EBITDA Margin % | 10.61% | 9.84% | 13.65% | 19.38% | 35.33% | 36.46% | 20.87% | 25.17% | 23.81% | 19.39% |
| EBITDA Growth % | -7.14% | 0.69% | 37.49% | 53.61% | 200.24% | 14.17% | -59.21% | 33.36% | -7.57% | -25.61% |
| D&A (Non-Cash Add-back) | 98.1M | 91.7M | 192.4M | 207.9M | 255.6M | 312.8M | 305.3M | 309.1M | 328.9M | 190.7M |
| EBIT | 149.4M | 166.4M | 130.3M | 286.4M | 1.19B | 1.37B | 385.2M | 606.9M | 550.8M | 446.7M |
| Net Interest Income | -24.2M | -18.7M | -22.5M | -27.4M | -22.6M | -9.8M | 23.8M | 40.8M | 14.7M | 17.2M |
| Interest Income | 0 | 0 | 0 | 0 | 0 | 8.2M | 36M | 48.3M | 31.7M | 28.4M |
| Interest Expense | 24.2M | 18.7M | 22.5M | 27.4M | 22.6M | 18M | 12.2M | 7.5M | 17M | 3.5M |
| Other Income/Expense | 6.1M | 20.7M | -500K | 5M | 40.1M | 81.8M | 32.4M | 47.1M | 66.5M | 56.3M |
| Pretax Income | 125.2M▲ 0% | 147.7M▲ 18.0% | 107.8M▼ 27.0% | 259M▲ 140.3% | 1.17B▲ 352.2% | 1.35B▲ 15.5% | 373M▼ 72.4% | 599.4M▲ 60.7% | 533.8M▼ 10.9% | 509.5M▲ 0% |
| Pretax Margin % | 6.12% | 6.64% | 4.89% | 10.87% | 29.84% | 31.14% | 12.05% | 17.52% | 15.96% | 15.34% |
| Income Tax | -105.8M | 38.7M | 25.1M | 65.9M | 243.9M | 288.4M | 75.9M | 123M | 89M | 80.4M |
| Effective Tax Rate % | -84.5% | 26.2% | 23.28% | 25.44% | 20.82% | 21.33% | 20.35% | 20.52% | 16.67% | 15.78% |
| Net Income | 231M▲ 0% | 109M▼ 52.8% | 82.7M▼ 24.1% | 193.1M▲ 133.5% | 927.4M▲ 380.3% | 1.06B▲ 14.7% | 297.1M▼ 72.1% | 476.4M▲ 60.4% | 444.8M▼ 6.6% | 429.1M▲ 0% |
| Net Margin % | 11.29% | 4.9% | 3.75% | 8.1% | 23.63% | 24.5% | 9.6% | 13.92% | 13.3% | 12.92% |
| Net Income Growth % | 183.78% | -52.81% | -24.13% | 133.49% | 380.27% | 14.72% | -72.07% | 60.35% | -6.63% | -16.29% |
| Net Income (Continuing) | 231M | 109M | 82.7M | 193.1M | 927.4M | 1.06B | 297.1M | 476.4M | 444.8M | 429.1M |
| Discontinued Operations | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| EPS (Diluted) | 5.37▲ 0% | 2.53▼ 52.9% | 1.91▼ 24.5% | 4.44▲ 132.5% | 21.47▲ 383.6% | 27.07▲ 26.1% | 8.32▼ 69.3% | 13.93▲ 67.4% | 13.87▼ 0.4% | 14.02▲ 0% |
| EPS Growth % | 190.27% | -52.89% | -24.51% | 132.46% | 383.56% | 26.08% | -69.26% | 67.43% | -0.43% | -10.34% |
| EPS (Basic) | 5.41 | 2.55 | 1.93 | 4.48 | 21.67 | 27.28 | 8.42 | 14.14 | 14.04 | - |
| Diluted Shares Outstanding | 43.2M | 43M | 43.3M | 43.5M | 43.2M | 39.3M | 35.7M | 34.2M | 31.1M | 30.6M |
| Basic Shares Outstanding | 42.9M | 42.7M | 42.8M | 43.1M | 42.8M | 39M | 35.3M | 33.7M | 30.8M | 30.4M |
| Dividend Payout Ratio | 14.63% | 32.48% | 44.98% | 20.3% | 4.95% | 4.51% | 15.15% | 9.4% | 10.09% | - |
MATX Balance Sheet
Matson, Inc. (MATX) balance sheet — assets, liabilities & shareholders' equity
| Line item | Dec'17 | Dec'18 | Dec'19 | Dec'20 | Dec'21 | Dec'22 | Dec'23 | Dec'24 | Dec'25 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|
| Total Current Assets | 266M | 318.4M | 289.6M | 305.9M | 704.5M | 759.6M | 602.3M | 609.6M | 471.9M | 436.4M |
| Cash & Short-Term Investments | 19.8M | 19.6M | 21.2M | 14.4M | 287.7M | 253.7M | 134M | 266.8M | 141.9M | 100.1M |
| Cash Only | 19.8M | 19.6M | 21.2M | 14.4M | 287.7M | 253.7M | 134M | 266.8M | 141.9M | 100.1M |
| Short-Term Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accounts Receivable | 197.2M | 250.5M | 218.7M | 253.7M | 366.8M | 439.3M | 423.9M | 290M | 256.8M | 257.9M |
| Days Sales Outstanding | 35.16 | 41.13 | 36.23 | 38.85 | 34.11 | 36.92 | 50 | 30.93 | 28.03 | 30.27 |
| Inventory | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Days Inventory Outstanding | - | - | - | - | - | - | - | - | - | 1.45 |
| Other Current Assets | 34.6M | 32M | 16.9M | 19.5M | 27.4M | 40.3M | 13.7M | 12.8M | 25.2M | 78.4M |
| Total Non-Current Assets | 2.07B | 2.19B | 2.56B | 2.59B | 2.99B | 3.57B | 3.69B | 3.99B | 4.29B | 4.15B |
| Property, Plant & Equipment | 1.17B | 1.37B | 1.85B | 1.94B | 2.31B | 2.36B | 2.38B | 2.62B | 2.5B | 2.86B |
| Fixed Asset Turnover | 1.76x | 1.63x | 1.19x | 1.23x | 1.70x | 1.84x | 1.30x | 1.31x | 1.34x | 1.23x |
| Goodwill | 327.8M | 327.8M | 327.8M | 327.8M | 327.8M | 327.8M | 327.8M | 327.8M | 327.8M | 327.8M |
| Intangible Assets | 225.2M | 214M | 202.9M | 192M | 181.1M | 174.9M | 176.4M | 159.4M | 146.6M | 143.5M |
| Long-Term Investments | 144.3M | 115.5M | 76.2M | 48.7M | 58.7M | 81.2M | 85.5M | 84.1M | 628.9M | 1.46B |
| Other Non-Current Assets | 122.6M | 88.1M | 94.7M | 84.9M | 108.1M | 627.1M | 723.1M | 795.9M | 561M | 2.39B |
| Total Assets | 2.33B▲ 0% | 2.51B▲ 7.5% | 2.85B▲ 13.5% | 2.9B▲ 1.9% | 3.69B▲ 27.3% | 4.33B▲ 17.2% | 4.29B▼ 0.8% | 4.6B▲ 7.0% | 4.76B▲ 3.6% | 4.58B▲ 0% |
| Asset Turnover | 0.88x | 0.89x | 0.77x | 0.82x | 1.06x | 1.00x | 0.72x | 0.74x | 0.70x | 0.72x |
| Asset Growth % | 7% | 7.48% | 13.52% | 1.94% | 27.32% | 17.25% | -0.82% | 7% | 3.58% | 13.29% |
| Total Current Liabilities | 286.3M | 370.8M | 436.7M | 511.5M | 612.4M | 581.6M | 562.3M | 560.4M | 527.4M | 529.9M |
| Accounts Payable | 175.1M | 246.8M | 235.7M | 283.1M | 308.4M | 255.6M | 277.9M | 268.5M | 244.9M | 254.3M |
| Days Payables Outstanding | 37.14 | 48.04 | 45.81 | 54.26 | 44.01 | 33.18 | 41.05 | 38.19 | 34.61 | 49.74 |
| Short-Term Debt | 30.8M | 42.1M | 48.4M | 59.2M | 65M | 76.9M | 39.7M | 39.7M | 168.2M | 165M |
| Deferred Revenue (Current) | 5M | 5.7M | 6.9M | 4.2M | 0 | 0 | 6.4M | 5.5M | 5.7M | 5.7M |
| Other Current Liabilities | 33.3M | 31M | 43.4M | 51.7M | 62.5M | 68.6M | 61.7M | 73M | 38.5M | 110.6M |
| Current Ratio | 0.93x | 0.86x | 0.66x | 0.60x | 1.15x | 1.31x | 1.07x | 1.09x | 0.89x | 0.89x |
| Quick Ratio | 0.93x | 0.86x | 0.66x | 0.60x | 1.15x | 1.31x | 1.07x | 1.09x | 0.89x | 0.89x |
| Cash Conversion Cycle | - | - | - | - | - | - | - | - | - | -18.02 |
| Total Non-Current Liabilities | 1.37B | 1.38B | 1.6B | 1.43B | 1.41B | 1.45B | 1.33B | 1.38B | 1.47B | 1.32B |
| Long-Term Debt | 826.3M | 814.3M | 910M | 685.6M | 549.7M | 427.7M | 389.3M | 350.8M | 312.1M | 302.2M |
| Capital Lease Obligations | 0 | 0 | 198M | 186.9M | 307.4M | 262.5M | 159.3M | 229.5M | 246.8M | 902.6M |
| Deferred Tax Liabilities | 364.2M | 388.9M | 337.6M | 389.6M | 425.2M | 646.5M | 669.3M | 693.4M | 826.3M | 2.22B |
| Other Non-Current Liabilities | 178.2M | 177.3M | 157.4M | 165.8M | 131M | 114.8M | 113.7M | 109.3M | 88.4M | 1.09B |
| Total Liabilities | 1.66B | 1.75B | 2.04B | 1.94B | 2.03B | 2.03B | 1.89B | 1.94B | 2B | 1.85B |
| Total Debt | 857.1M | 856.4M | 1.22B | 1B | 1.06B | 910.7M | 725M | 749M | 727.1M | 697.2M |
| Net Debt | 837.3M | 836.8M | 1.2B | 989.7M | 772M | 657M | 591M | 482.2M | 585.2M | 597.1M |
| Debt / Equity | 1.27x | 1.13x | 1.52x | 1.04x | 0.64x | 0.40x | 0.30x | 0.28x | 0.26x | 0.26x |
| Debt / EBITDA | 3.95x | 3.92x | 4.07x | 2.17x | 0.76x | 0.58x | 1.12x | 0.87x | 0.91x | 1.08x |
| Net Debt / EBITDA | 3.85x | 3.83x | 4.00x | 2.14x | 0.56x | 0.41x | 0.92x | 0.56x | 0.73x | 0.73x |
| Interest Coverage | 6.17x | 8.90x | 5.79x | 10.45x | 52.83x | 76.13x | 31.57x | 80.92x | 32.40x | 127.63x |
| Total Equity | 677.2M▲ 0% | 755.3M▲ 11.5% | 805.7M▲ 6.7% | 961.2M▲ 19.3% | 1.67B▲ 73.5% | 2.3B▲ 37.8% | 2.4B▲ 4.5% | 2.65B▲ 10.5% | 2.76B▲ 4.0% | 2.73B▲ 0% |
| Equity Growth % | 36.84% | 11.53% | 6.67% | 19.3% | 73.47% | 37.75% | 4.52% | 10.47% | 4.03% | 22.05% |
| Book Value per Share | 15.68 | 17.57 | 18.61 | 22.10 | 38.60 | 58.45 | 67.25 | 77.54 | 88.71 | 89.22 |
| Total Shareholders' Equity | 677.2M | 755.3M | 805.7M | 961.2M | 1.67B | 2.3B | 2.4B | 2.65B | 2.76B | 2.73B |
| Common Stock | 31.9M | 32M | 32.2M | 32.4M | 30.7M | 27.2M | 25.8M | 24.7M | 22.8M | 0 |
| Retained Earnings | 380.5M | 460M | 504.2M | 658.1M | 1.35B | 1.99B | 2.09B | 2.34B | 2.44B | 2.43B |
| Treasury Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accumulated OCI | -24.9M | -34.5M | -36.9M | -50.8M | -30.9M | -6.9M | -8.2M | -6.5M | 1.6M | 0 |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
MATX Cash Flow Statement
Matson, Inc. (MATX) cash flow — operating, investing & free cash flow history
| Line item | Dec'17 | Dec'18 | Dec'19 | Dec'20 | Dec'21 | Dec'22 | Dec'23 | Dec'24 | Dec'25 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash from Operations | 224.9M | 305M | 248.8M | 429.8M | 984.1M | 1.27B | 510.5M | 767.8M | 545M | 547.1M |
| Operating CF Margin % | 10.99% | 13.72% | 11.29% | 18.03% | 25.07% | 29.29% | 16.5% | 22.44% | 16.3% | - |
| Operating CF Growth % | 42.52% | 35.62% | -18.43% | 72.75% | 128.97% | 29.24% | -59.86% | 50.4% | -29.02% | -89.04% |
| Net Income | 231M | 109M | 82.7M | 193.1M | 927.4M | 1.06B | 297.1M | 476.4M | 444.8M | 429.1M |
| Depreciation & Amortization | 101.2M | 94.4M | 161.1M | 189.7M | 239.2M | 292.2M | 284.2M | 286.8M | 300M | 315.6M |
| Stock-Based Compensation | 11.1M | 12.1M | 11.3M | 18.8M | 19.3M | 18.3M | 23.8M | 26.5M | 0 | 11.6M |
| Deferred Taxes | -127.9M | 29.3M | 23.6M | 52.1M | 33.2M | 90.2M | 19.6M | 20.9M | 8.2M | 300K |
| Other Non-Cash Items | -62.3M | -15.9M | -22.9M | 15.1M | -46.5M | -60.9M | -26.2M | -27.8M | -2.3M | -17M |
| Working Capital Changes | 71.8M | 76.1M | -7M | -39M | -188.5M | -131.8M | -88M | -15M | -205.7M | -189.6M |
| Change in Receivables | -5.1M | -29.1M | 17.8M | -48M | -90.3M | 74.6M | -10.9M | 9.8M | 12.3M | 12.8M |
| Change in Inventory | 10.3M | -3.4M | 0 | -60.9M | 0 | 0 | 0 | 0 | 0 | 0 |
| Change in Payables | 20.4M | 64.5M | -13.9M | 44.8M | 39.6M | -31.7M | 10.9M | -5.6M | -33.8M | -27.5M |
| Cash from Investing | -276.9M | -260.3M | -306.9M | -177M | -323.4M | -729.3M | -338.2M | -336.1M | -265.6M | -173M |
| Capital Expenditures | -307.2M | -401.2M | -310.3M | -192.3M | -325.3M | -1.8M | -248.4M | -310.9M | -393.4M | -131.6M |
| CapEx % of Revenue | 15.01% | 18.05% | 14.08% | 8.07% | 8.29% | 0.04% | 8.03% | 9.09% | 11.76% | - |
| Acquisitions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 9.1M | -100K |
| Investments | - | - | - | - | - | - | - | - | - | - |
| Other Investing | 0 | 136.3M | 3.4M | 15.3M | 1.9M | -209.3M | -11.2M | -114.8M | 0 | -71.6M |
| Cash from Financing | 57.9M | -40M | 62M | -261.5M | -392.7M | -576.6M | -289.7M | -301.2M | -404.3M | -398.9M |
| Debt Issued (Net) | 118.2M | -700K | 102M | -198.3M | -131.1M | -111.5M | -76.9M | -39.7M | -39.7M | -39.7M |
| Equity Issued (Net) | -17.4M | 700K | 300K | 100K | -198.3M | -397M | -155.2M | -199.1M | -303.3M | -289.2M |
| Dividends Paid | -33.8M | -35.4M | -37.2M | -39.2M | -45.9M | -48M | -45M | -44.8M | -44.9M | -44.6M |
| Share Repurchases | -19.3M | 0 | 0 | 0 | -198.3M | -397M | -155.2M | -199.1M | -303.3M | -289.2M |
| Other Financing | -9.1M | -4.6M | -3.1M | -24.1M | -17.4M | -20.1M | -12.6M | -17.6M | -16.4M | -25.4M |
| Net Change in Cash | 5.9M▲ 0% | 4.7M▼ 20.3% | 3.9M▼ 17.0% | -8.7M▼ 323.1% | 268M▲ 3180.5% | -34M▼ 112.7% | -117.4M▼ 245.3% | 130.5M▲ 211.2% | -124.9M▼ 195.7% | -21.9M▲ 0% |
| Free Cash Flow | -82.3M▲ 0% | -96.2M▼ 16.9% | -61.5M▲ 36.1% | 237.5M▲ 486.2% | 658.8M▲ 177.4% | 1.06B▲ 61.3% | 262.1M▼ 75.3% | 457.7M▲ 74.6% | 153.7M▼ 66.4% | 418.4M▲ 0% |
| FCF Margin % | -4.02% | -4.33% | -2.79% | 9.97% | 16.78% | 24.47% | 8.47% | 13.38% | 4.6% | 12.6% |
| FCF Growth % | -281.02% | -16.89% | 36.07% | 486.18% | 177.39% | 61.29% | -75.33% | 74.63% | -66.42% | -12.14% |
| FCF per Share | -1.91 | -2.24 | -1.42 | 5.46 | 15.25 | 27.04 | 7.34 | 13.38 | 4.94 | 4.94 |
| FCF Conversion (FCF/Net Income) | 0.97x | 2.80x | 3.01x | 2.23x | 1.06x | 1.20x | 1.72x | 1.61x | 1.23x | 0.98x |
| Interest Paid | 23.9M | 18.3M | 22M | 0 | 19.3M | 16.2M | 11.1M | 0 | 0 | 0 |
| Taxes Paid | 2.6M | 5.2M | 0 | 0 | 241.6M | 215.2M | 7.5M | 0 | 0 | 0 |
MATX Key Ratios
Matson, Inc. (MATX) financial ratios — P/E, ROE, debt and 30+ core market and balance-sheet ratios
| Metric | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|
| Return on Equity (ROE) | 39.42% | 15.22% | 10.6% | 21.86% | 70.56% | 53.67% | 12.65% | 18.86% | 16.44% | 15.9% |
| Return on Invested Capital (ROIC) | 6.53% | 6.13% | 4.51% | 9.63% | 38.65% | 35.34% | 8.59% | 13.52% | 10.82% | 10.82% |
| Gross Margin | 15.92% | 15.65% | 14.76% | 20.1% | 34.84% | 35.26% | 20.16% | 25.01% | 22.77% | 18.39% |
| Net Margin | 11.29% | 4.9% | 3.75% | 8.1% | 23.63% | 24.5% | 9.6% | 13.92% | 13.3% | 12.92% |
| Debt / Equity | 1.27x | 1.13x | 1.52x | 1.04x | 0.64x | 0.40x | 0.30x | 0.28x | 0.26x | 0.26x |
| Interest Coverage | 6.17x | 8.90x | 5.79x | 10.45x | 52.83x | 76.13x | 31.57x | 80.92x | 32.40x | 127.63x |
| FCF Conversion | 0.97x | 2.80x | 3.01x | 2.23x | 1.06x | 1.20x | 1.72x | 1.61x | 1.23x | 0.98x |
| Revenue Growth | 5.42% | 8.59% | -0.89% | 8.18% | 64.7% | 10.64% | -28.75% | 10.57% | -2.26% | -4.64% |
MATX SEC Filings & Documents
Matson, Inc. (MATX) SEC filings — annual & quarterly reports (10-K, 10-Q)
MATX Frequently Asked Questions
Matson, Inc. (MATX) stock FAQ — growth, dividends, profitability & financials explained
Growth & Financials
Matson, Inc. (MATX) reported $3.32B in revenue for fiscal year 2025. This represents a 169% increase from $1.23B in 1996.
Matson, Inc. (MATX) saw revenue decline by 2.3% over the past year.
Yes, Matson, Inc. (MATX) is profitable, generating $429.1M in net income for fiscal year 2025 (13.3% net margin).
Dividend & Returns
Yes, Matson, Inc. (MATX) pays a dividend with a yield of 0.79%. This makes it attractive for income-focused investors.
Matson, Inc. (MATX) has a return on equity (ROE) of 16.4%. This is reasonable for most industries.
Matson, Inc. (MATX) generated $418.4M in free cash flow for fiscal year 2025. Positive FCF indicates the company can fund dividends, buybacks, or reinvestment.
Explore More MATX
Matson, Inc. (MATX) financial analysis — history, returns, DCA and operating performance tools
Total Return Calculator
Historical returns with dividends reinvested
DCA Calculator
Dollar cost averaging vs lump sum
Dividend History
Yield, growth, payout safety & DRIP
Earnings History
EPS trends, net income & profitability
Price History
Long-term charts & historical price data
Revenue History
Sales growth patterns & revenue breakdown
Financial Ratios
30 years of market, efficiency and balance-sheet ratios
Valuation
DCF intrinsic value, peer multiples & estimates