Matson, Inc. (MATX) Revenue History
Annual and quarterly revenue from 2014 to 2025
Compound Annual Growth Rate (CAGR)
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MATX Revenue Growth
Revenue Breakdown (FY 2025)
MATX's revenue distribution by segment and geography for fiscal year 2025
By Product/Segment
MATX Revenue Analysis (2014–2025)
As of May 6, 2026, Matson, Inc. (MATX) generated trailing twelve-month (TTM) revenue of $3.32 billion, reflecting slight decline in growth of -3.1% year-over-year. The most recent quarter (Q1 2026) recorded $757.8 million in revenue, down 11.0% sequentially.
Looking at the longer-term picture, MATX's 5-year compound annual growth rate (CAGR) stands at +7.0%, indicating steady revenue expansion. The company achieved its highest annual revenue of $4.34 billion in 2022.
Revenue diversification analysis shows MATX's business is primarily driven by Ocean. Transportation. (82%), and Logistics. (18%). With over half of revenue concentrated in Ocean. Transportation., the company maintains significant focus in this area while developing other growth vectors.
When compared to Industrials sector peers including ZIM (-18.1% YoY), SBLK (-17.6% YoY), and INSW (-11.4% YoY), MATX has underperformed the peer group in terms of revenue growth. Compare MATX vs ZIM →
MATX Revenue vs Peers
Revenue metrics vs comparable public companies
| Company | TTM Revenue | YoY Growth | 5Y CAGR | Op. Margin | Compare |
|---|---|---|---|---|---|
| MATXCurrent | $3.3B | -3.1% | +7.0% | 14.0% | |
 ZIM | $6.9B | -18.1% | +11.6% | 12.2% | |
 SBLK | $1.0B | -17.6% | +8.5% | 13.5% | |
 INSW | $843M | -11.4% | +14.9% | 36.3% | |
 ASC | $310M | -23.6% | +7.1% | 26.1% | |
 UPS | $88.6B | -2.7% | +1.0% | 9.6% |
MATX Historical Revenue Data (2014–2025)
| Year | Revenue | YoY % | Gross Profit | Gross Margin | Op. Income | Op. Margin |
|---|---|---|---|---|---|---|
| 2025 | $3.34B | -2.3% | $761.4M | 22.8% | $467.3M | 14.0% |
| 2024 | $3.42B | +10.6% | $855.9M | 25.0% | $552.3M | 16.1% |
| 2023 | $3.09B | -28.7% | $623.9M | 20.2% | $340.6M | 11.0% |
| 2022 | $4.34B | +10.6% | $1.53B | 35.3% | $1.27B | 29.3% |
| 2021 | $3.93B | +64.7% | $1.37B | 34.8% | $1.13B | 28.8% |
| 2020 | $2.38B | +8.2% | $479.0M | 20.1% | $254.0M | 10.7% |
| 2019 | $2.20B | -0.9% | $325.1M | 14.8% | $108.3M | 4.9% |
| 2018 | $2.22B | +8.6% | $347.8M | 15.6% | $127.0M | 5.7% |
| 2017 | $2.05B | +5.4% | $325.9M | 15.9% | $119.1M | 5.8% |
| 2016 | $1.94B | +3.0% | $322.5M | 16.6% | $138.8M | 7.1% |
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Start ComparisonMATX — Frequently Asked Questions
Quick answers to the most common questions about buying MATX stock.
Is MATX's revenue growth accelerating or slowing?
MATX revenue growth slowed to -3.1%, below the 5-year CAGR of +7.0%. TTM revenue is $3.3B. The deceleration marks a shift from historical growth rates.
What is MATX's long-term revenue growth rate?
Matson, Inc.'s 5-year revenue CAGR of +7.0% reflects the variable expansion pattern. Current YoY growth of -3.1% is near this long-term average.
How is MATX's revenue distributed by segment?
MATX reports revenue by product line and geographic region. Annual and quarterly breakdowns from 2014-2025 are available for download. Segment mix reveals concentration and diversification trends.