Matson, Inc. (MATX) quarterly income statement — complete revenue, gross profit & net income history
| Metric | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 | Q3'21 | Q2'21 |
|---|
| Sales/Revenue | 757.8M | 851.9M | 880.1M | 830.5M | 782M | 890.3M | 962M | 847.4M | 722.1M | 788.9M | 827.5M | 773.4M | 704.8M | 801.6M | 1.11B | 1.26B | 1.17B | 1.27B | 1.07B | 874.9M |
| Revenue Growth % | -3.09% | -4.31% | -8.51% | -1.99% | 8.3% | 12.85% | 16.25% | 9.57% | 2.45% | -1.58% | -25.77% | -38.67% | -39.53% | -36.73% | 4.03% | 44.14% | 63.74% | 80.97% | 66.09% | 66.93% |
| Cost of Goods Sold | 0 | 640.5M | 661.1M | 650.4M | 631.1M | 652.5M | 654.3M | 646.9M | 612.2M | 644.4M | 624.1M | 604.7M | 597.5M | 641M | 738.4M | 728.4M | 703.7M | 748M | 649.3M | 615.6M |
| COGS % of Revenue | - | 75.18% | 75.12% | 78.31% | 80.7% | 73.29% | 68.01% | 76.34% | 84.78% | 81.68% | 75.42% | 78.19% | 84.78% | 79.97% | 66.24% | 57.76% | 60.38% | 59.04% | 60.59% | 70.36% |
| Gross Profit | 0 | 211.4M | 219M | 180.1M | 150.9M | 237.8M | 307.7M | 200.5M | 109.9M | 144.5M | 203.4M | 168.7M | 107.3M | 160.6M | 376.4M | 532.7M | 461.8M | 519M | 422.3M | 259.3M |
| Gross Margin % | - | 24.82% | 24.88% | 21.69% | 19.3% | 26.71% | 31.99% | 23.66% | 15.22% | 18.32% | 24.58% | 21.81% | 15.22% | 20.03% | 33.76% | 42.24% | 39.62% | 40.96% | 39.41% | 29.64% |
| Gross Profit Growth % | -100% | -11.1% | -28.83% | -10.17% | 37.31% | 64.57% | 51.28% | 18.85% | 2.42% | -10.02% | -45.96% | -68.33% | -76.76% | -69.06% | -10.87% | 105.44% | 176.36% | 212.27% | 182.66% | 165.13% |
| Operating Expenses | 77.5M | 77M | 67.3M | 74.4M | 75.4M | 80.8M | 72.3M | 77.1M | 73.4M | 73.3M | 72.6M | 70.6M | 66.8M | 69M | 64.5M | 64.3M | 63.2M | 64.8M | 57.4M | 58.2M |
| OpEx % of Revenue | 10.23% | 9.04% | 7.65% | 8.96% | 9.64% | 9.08% | 7.52% | 9.1% | 10.16% | 9.29% | 8.77% | 9.13% | 9.48% | 8.61% | 5.79% | 5.1% | 5.42% | 5.11% | 5.36% | 6.65% |
| Selling, General & Admin | 77.5M | 77M | 67.3M | 74.4M | 75.4M | 80.8M | 72.3M | 77.1M | 73.4M | 73.3M | 72.6M | 70.6M | 66.8M | 69M | 64.5M | 64.3M | 63.2M | 64.8M | 57.4M | 58.2M |
| SG&A % of Revenue | 10.23% | 9.04% | 7.65% | 8.96% | 9.64% | 9.08% | 7.52% | 9.1% | 10.16% | 9.29% | 8.77% | 9.13% | 9.48% | 8.61% | 5.79% | 5.1% | 5.42% | 5.11% | 5.36% | 6.65% |
| Research & Development | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 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 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Operating Income | 61.4M | 134.4M | 151.7M | 105.7M | 75.5M | 157M | 235.4M | 123.4M | 36.5M | 71.2M | 130.8M | 98.1M | 40.5M | 91.6M | 311.9M | 468.4M | 398.6M | 454.2M | 364.9M | 201.1M |
| Operating Margin % | 8.1% | 15.78% | 17.24% | 12.73% | 9.65% | 17.63% | 24.47% | 14.56% | 5.05% | 9.03% | 15.81% | 12.68% | 5.75% | 11.43% | 27.98% | 37.14% | 34.2% | 35.85% | 34.05% | 22.99% |
| Operating Income Growth % | -18.68% | -14.39% | -35.56% | -14.34% | 106.85% | 120.51% | 79.97% | 25.79% | -9.88% | -22.27% | -58.06% | -79.06% | -89.84% | -79.83% | -14.52% | 132.92% | 259.1% | 325.28% | 302.32% | 323.37% |
| EBITDA | 61.4M | 177.4M | 225.8M | 179.3M | 150.6M | 196.7M | 315M | 203.3M | 114.8M | 107M | 205.5M | 176.7M | 122.1M | 166M | 390.7M | 549.2M | 477.1M | 488.4M | 428M | 265.8M |
| EBITDA Margin % | 8.1% | 20.82% | 25.66% | 21.59% | 19.26% | 22.09% | 32.74% | 23.99% | 15.9% | 13.56% | 24.83% | 22.85% | 17.32% | 20.71% | 35.05% | 43.55% | 40.94% | 38.55% | 39.94% | 30.38% |
| EBITDA Growth % | -59.23% | -9.81% | -28.32% | -11.81% | 31.18% | 83.83% | 53.28% | 15.05% | -5.98% | -35.54% | -47.4% | -67.83% | -74.41% | -66.01% | -8.71% | 106.62% | 171.08% | 193.86% | 199.09% | 165.8% |
| D&A (Non-Cash Add-back) | 0 | 43M | 74.1M | 73.6M | 75.1M | 39.7M | 79.6M | 79.9M | 78.3M | 35.8M | 74.7M | 78.6M | 81.6M | 74.4M | 78.8M | 80.8M | 78.5M | 34.2M | 63.1M | 64.7M |
| EBIT | 0 | 152.6M | 170.7M | 123.4M | 93.9M | 159.6M | 254.6M | 145.2M | 47.5M | 86.7M | 142.6M | 107.2M | 48.7M | 101.7M | 339.1M | 494.9M | 434.6M | 477.2M | 379.7M | 215.4M |
| Net Interest Income | 0 | 5.1M | 5.8M | 6.3M | 7.7M | 8.9M | 8.6M | 16.7M | 6.6M | 7.4M | 6.9M | 5.8M | 3.7M | 3.2M | -3.7M | -4.5M | -4.8M | -4.7M | -5.1M | -5.5M |
| Interest Income | 6.1M | 6.7M | 7.6M | 8M | 9.4M | 10.3M | 10.4M | 18.8M | 8.8M | 9.8M | 9.3M | 8.7M | 8.2M | 6.9M | 1.3M | 0 | 0 | 0 | 0 | 0 |
| Interest Expense | -1.6M | 1.6M | 1.8M | 1.7M | 1.7M | 1.4M | 1.8M | 2.1M | 2.2M | 2.4M | 2.4M | 2.9M | 4.5M | 3.7M | 5M | 4.5M | 4.8M | 4.7M | 5.1M | 5.5M |
| Other Income/Expense | 6.5M | 16.6M | 17.2M | 16M | 16.7M | 1.2M | 17.4M | 19.7M | 8.8M | 13.1M | 9.4M | 6.2M | 3.7M | 6.4M | 22.2M | 22M | 31.2M | 18.3M | 9.7M | 8.8M |
| Pretax Income | 67.9M | 151M | 168.9M | 121.7M | 92.2M | 158.2M | 252.8M | 143.1M | 45.3M | 84.3M | 140.2M | 104.3M | 44.2M | 98M | 334.1M | 490.4M | 429.8M | 472.5M | 374.6M | 209.9M |
| Pretax Margin % | 8.96% | 17.73% | 19.19% | 14.65% | 11.79% | 17.77% | 26.28% | 16.89% | 6.27% | 10.69% | 16.94% | 13.49% | 6.27% | 12.23% | 29.97% | 38.89% | 36.88% | 37.29% | 34.96% | 23.99% |
| Income Tax | 11.3M | 7.9M | 34.2M | 27M | 19.9M | 30.2M | 53.7M | 29.9M | 9.2M | 21.9M | 20.3M | 23.5M | 10.2M | 20M | 68.1M | 109.7M | 90.6M | 78M | 91.4M | 47.4M |
| Effective Tax Rate % | 16.64% | 5.23% | 20.25% | 22.19% | 21.58% | 19.09% | 21.24% | 20.89% | 20.31% | 25.98% | 14.48% | 22.53% | 23.08% | 20.41% | 20.38% | 22.37% | 21.08% | 16.51% | 24.4% | 22.58% |
| Net Income | 56.6M | 143.1M | 134.7M | 94.7M | 72.3M | 128M | 199.1M | 113.2M | 36.1M | 62.4M | 119.9M | 80.8M | 34M | 78M | 266M | 380.7M | 339.2M | 394.5M | 283.2M | 162.5M |
| Net Margin % | 7.47% | 16.8% | 15.31% | 11.4% | 9.25% | 14.38% | 20.7% | 13.36% | 5% | 7.91% | 14.49% | 10.45% | 4.82% | 9.73% | 23.86% | 30.19% | 29.1% | 31.14% | 26.43% | 18.57% |
| Net Income Growth % | -21.72% | 11.8% | -32.35% | -16.34% | 100.28% | 105.13% | 66.05% | 40.1% | 6.18% | -20% | -54.92% | -78.78% | -89.98% | -80.23% | -6.07% | 134.28% | 288.99% | 360.86% | 299.44% | 395.43% |
| Net Income (Continuing) | 56.6M | 143.1M | 134.7M | 94.7M | 72.3M | 128M | 199.1M | 113.2M | 36.1M | 62.4M | 119.9M | 80.8M | 34M | 78M | 266M | 380.7M | 339.2M | 394.5M | 283.2M | 162.5M |
| Discontinued Operations | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| EPS (Diluted) | 1.85 | 4.60 | 4.24 | 2.92 | 2.18 | 3.80 | 5.89 | 3.31 | 1.04 | 1.78 | 3.40 | 2.26 | 0.94 | 2.10 | 6.89 | 9.49 | 8.23 | 9.39 | 6.53 | 3.71 |
| EPS Growth % | -15.14% | 21.05% | -28.01% | -11.78% | 109.62% | 113.48% | 73.24% | 46.46% | 10.64% | -15.24% | -50.65% | -76.19% | -88.58% | -77.64% | 5.51% | 155.8% | 313.57% | 379.08% | 300.61% | 388.16% |
| EPS (Basic) | 1.86 | 4.61 | 4.28 | 2.95 | 2.20 | 3.87 | 5.98 | 3.34 | 1.05 | 1.80 | 3.42 | 2.28 | 0.94 | 2.11 | 6.95 | 9.54 | 8.29 | 9.51 | 6.60 | 3.74 |
| Diluted Shares Outstanding | 30.6M | 31.1M | 31.8M | 32.4M | 33.2M | 33.7M | 33.8M | 34.2M | 34.6M | 35.1M | 35.3M | 35.7M | 36.3M | 37.2M | 38.6M | 40.1M | 41.2M | 42M | 43.4M | 43.8M |
| Basic Shares Outstanding | 30.4M | 30.8M | 31.5M | 32.1M | 32.8M | 33.1M | 33.3M | 33.9M | 34.4M | 34.7M | 35.1M | 35.5M | 36.1M | 36.9M | 38.3M | 39.9M | 40.9M | 41.5M | 42.9M | 43.5M |
| Dividend Payout Ratio | 19.43% | 7.83% | 8.46% | 11.62% | 15.63% | 8.83% | 5.73% | 9.72% | 30.75% | 17.95% | 9.51% | 13.74% | 33.24% | 14.23% | 4.47% | 3.18% | 3.8% | 3.19% | 4.63% | 6.22% |