Matson

US · MATX #1794 by market cap Listed 1970

222.92 -1.86 -0.83%

Live - 5344 symbols - heartbeat 287s ago · 2026-10-08 07:00

Pre-market 220.46 -1.10%

After-hours 222.92 0.00%

Market cap: 6.67B
P/E (TTM): 15.04
P/B: 2.40
EPS: 13.81
Div yield: 0.65%
52W pos: 88%

Reader sentiment Are you bullish or bearish on MATX?

Anonymous reader poll. Unscientific, not investment advice.

✦ Quant Financial Health how this is computed

Good

Altman Z-Score is 3.91, above the 3.0 "safe zone" threshold.
Most reliable for industrial/manufacturing companies; less meaningful for banks, insurers and other financials.

Revenue annual, last 8 years

Latest year -2.26% YoY

Margins

Gross margin: 22.77%
Operating margin: 13.97%
Net margin: 13.30%

Key ratios & quality

Enterprise value: 7.00B
Altman Z-Score: 3.91

Altman Z-Score below ~1.8 suggests financial distress risk, above ~3.0 suggests low risk; the model is most reliable for industrial/manufacturing companies and less meaningful for banks and other financial firms.

Income statement

Line item	2018	2019	2020	2021	2022	2023	2024	2025
Revenue	2.22B	2.20B	2.38B	3.93B	4.34B	3.09B	3.42B	3.34B
Gross profit	347.80M	325.10M	479.00M	1.37B	1.53B	623.90M	855.90M	761.40M
Selling & admin expenses	220.80M	216.80M	225.00M	236.50M	261.00M	283.30M	303.60M	294.10M
Research & development	--	--	--	--	--	--	--	--
Operating profit	127.00M	108.30M	254.00M	1.13B	1.27B	340.60M	552.30M	467.30M
Pretax profit	147.70M	107.80M	259.00M	1.17B	1.35B	373.00M	599.40M	533.80M
Tax	38.70M	25.10M	65.90M	243.90M	288.40M	75.90M	123.00M	89.00M
Net profit	109.00M	82.70M	193.10M	927.40M	1.06B	297.10M	476.40M	444.80M
Basic EPS	3	2	4	22	27	8	14	14
Diluted EPS	2.53	1.91	4.44	21.47	27.07	8.32	13.93	13.81

Line item	2025-03	2025-06	2025-09	2025-12	2026-03	2026-06
Revenue	782.00M	830.50M	880.10M	851.90M	757.80M	969.40M
Gross profit	150.90M	180.10M	219.00M	211.40M	133.90M	232.10M
Selling & admin expenses	75.40M	74.40M	67.30M	77.00M	77.50M	78.00M
Research & development	--	--	--	--	--	--
Operating profit	75.50M	105.70M	151.70M	134.40M	56.40M	154.10M
Pretax profit	92.20M	121.70M	168.90M	151.00M	67.90M	163.90M
Tax	19.90M	27.00M	34.20M	7.90M	11.30M	34.50M
Net profit	72.30M	94.70M	134.70M	143.10M	56.60M	129.40M
Basic EPS	2	3	4	5	2	4
Diluted EPS	2.18	2.92	4.24	4.60	1.85	4.27

Balance sheet

Line item	2018	2019	2020	2021	2022	2023	2024	2025
Total current assets	318.40M	289.60M	305.90M	704.50M	759.60M	602.30M	609.60M	471.90M
Cash & ST investments	19.60M	21.20M	14.40M	282.40M	249.80M	134.00M	266.80M	141.90M
Inventory	--	--	--	--	--	--	--	--
Total assets	2.43B	2.85B	2.90B	3.69B	4.33B	4.29B	4.60B	4.64B
Total current liabilities	370.80M	436.70M	511.50M	612.40M	581.60M	562.30M	560.40M	527.40M
Short-term debt	42.10M	115.00M	131.60M	202.60M	220.50M	176.40M	168.70M	168.20M
Long-term debt	814.30M	910.00M	685.60M	549.70M	427.70M	389.30M	350.80M	312.10M
Total liabilities	1,675,100,000.00	2,039,700,000.00	1,939,400,000.00	2,025,700,000.00	2,033,100,000.00	1,893,900,000.00	1,943,400,000.00	1,876,600,000.00
Total equity	755.30M	805.70M	961.20M	1.67B	2.30B	2.40B	2.65B	2.76B
Retained earnings	460.00M	504.20M	658.10M	1.35B	1.99B	2.09B	2.34B	2.44B

Line item	2025-03	2025-06	2025-09	2025-12	2026-03	2026-06
Total current assets	468.00M	424.50M	447.10M	471.90M	436.40M	536.00M
Cash & ST investments	122.00M	59.10M	92.70M	141.90M	100.10M	119.30M
Inventory	--	--	--	--	--	--
Total assets	4.53B	4.48B	4.60B	4.64B	4.58B	4.71B
Total current liabilities	546.40M	546.90M	540.60M	527.40M	529.90M	603.80M
Short-term debt	158.90M	148.80M	156.70M	168.20M	165.00M	172.50M
Long-term debt	340.90M	331.50M	321.50M	312.10M	302.20M	292.70M
Total liabilities	1,893,800,000.00	1,864,100,000.00	1,912,800,000.00	1,876,600,000.00	1,852,900,000.00	1,940,400,000.00
Total equity	2.63B	2.62B	2.69B	2.76B	2.73B	2.77B
Retained earnings	2.33B	2.31B	2.38B	2.44B	2.43B	2.47B

Cash flow

Line item	2018	2019	2020	2021	2022	2023	2024	2025
Operating cash flow	305.00M	248.80M	429.80M	984.10M	1.27B	510.50M	767.80M	547.10M
Depreciation & amortization	94.40M	161.10M	189.70M	239.20M	292.20M	284.20M	286.80M	300.00M
Free cash flow	-96.20M	-61.50M	237.50M	658.80M	1.06B	262.10M	457.70M	153.70M
Dividends paid	-35.40M	-37.20M	-39.20M	-45.90M	-48.00M	-45.00M	-44.80M	-44.90M
Stock buybacks / issuance	700.00K	300.00K	100.00K	-198.30M	-397.00M	-155.20M	-199.10M	-303.30M
Ending cash balance	24.50M	28.40M	19.70M	287.70M	253.70M	136.30M	266.80M	141.90M

Line item	2025-03	2025-06	2025-09	2025-12	2026-03	2026-06
Operating cash flow	89.00M	105.60M	175.60M	176.90M	94.00M	137.60M
Depreciation & amortization	75.10M	73.60M	74.10M	77.20M	75.90M	77.20M
Free cash flow	-200.00K	19.30M	92.40M	42.20M	45.60M	-69.60M
Dividends paid	-11.30M	-11.00M	-11.40M	-11.20M	-11.00M	-11.00M
Stock buybacks / issuance	-66.90M	-93.50M	-65.40M	-77.50M	-52.80M	-67.00M
Ending cash balance	122.00M	59.10M	92.70M	141.90M	100.10M	119.30M

Returns & efficiency

Line item	2018	2019	2020	2021	2022	2023	2024	2025
ROE %	15.21	10.60	21.86	70.56	53.67	12.65	18.86	16.44
ROA %	4.66	3.14	6.72	28.13	26.52	6.89	10.72	9.64
ROIC %	7.80	5.49	10.69	40.29	36.11	8.78	13.60	12.31
5-year avg ROE %	23.46	21.55	20.86	31.53	34.38	33.87	35.52	34.44
EBIT margin %	7.49	5.91	12.02	30.42	31.55	12.45	17.74	16.16
FCF / sales %	--	--	9.97	16.78	24.43	8.07	13.38	4.60
Current ratio	0.86	0.66	0.60	1.15	1.31	1.07	1.09	0.89
Quick ratio	0.73	0.55	0.52	1.08	1.21	0.99	0.99	0.80
Debt / assets	35.24	42.98	34.62	28.69	21.03	16.88	16.30	15.69
LT debt / equity	107.81	137.52	90.77	51.40	30.05	22.85	21.88	20.26
Interest coverage	8.90	5.79	10.45	52.83	76.13	31.57	80.92	79.50
Revenue CAGR (3Y) %	5.65	4.30	5.20	20.87	25.39	9.10	-4.47	-8.34
Net income CAGR (3Y) %	1.91	0.53	-5.80	104.15	134.31	15.44	-19.91	-25.23
FCF CAGR (3Y) %	--	--	--	--	--	3.34	-11.43	-47.51

Line item	2025-03	2025-06	2025-09	2025-12	2026-03	2026-06
ROE %	20.48	19.70	16.38	16.44	16.00	17.21
ROA %	11.72	11.29	9.50	9.64	9.42	10.09
ROIC %	14.95	14.79	12.29	12.31	12.14	13.23
5-year avg ROE %	--	--	--	--	--	--
EBIT margin %	18.76	18.23	16.19	16.16	15.55	16.14
FCF / sales %	13.68	7.43	4.77	4.60	6.01	3.20
Current ratio	0.86	0.78	0.83	0.89	0.82	0.89
Quick ratio	0.76	0.67	0.72	0.80	0.68	0.75
Debt / assets	15.60	14.84	15.62	15.69	15.21	15.20
LT debt / equity	20.78	19.73	20.91	20.26	19.49	19.61
Interest coverage	93.33	95.68	82.97	79.50	77.04	84.59
Revenue CAGR (3Y) %	--	--	--	--	--	--
Net income CAGR (3Y) %	--	--	--	--	--	--
FCF CAGR (3Y) %	--	--	--	--	--	--

✦ Quant Revenue Concentration how this is computed

Single-engine

Ocean transportation is the largest reported line at 79.16% of revenue, across 2 reported segments.
The next-largest line, Logistics, is a distant second at 20.84% - a sharp slowdown here would have little to offset it.

Revenue breakdown most recent period

Business

Ocean transportation79.16%

Logistics20.84%

Quote time 2026-10-08 07:00:15 · For reference only, not investment advice and not tailored to your situation.