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Matson, Inc. MATX R2K

Industrials · Marine Shipping · United States
https://www.matson.com

Matson, Inc., together with its subsidiaries, engages in the provision of ocean transportation and logistics services. It operates through two segments, Ocean Transportation and Logistics. The company offers ocean freight transportation services to the domestic non-contiguous economies of Hawaii, Alaska and Guam, and to other island economies in Micronesia; and transports dry containers of mixed commodities, refrigerated commodities, food products, beverages, building materials, automobiles, household goods, livestock, seafood, general sustenance cargo, e-commerce related goods, garments, consumer electronics, footwear, retail merchandise, and other merchandise. It 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 stevedoring, refrigerated cargo, inland transportation, container equipment maintenance, and other terminal services on the Hawaiian islands of Oahu, Hawaii, Maui, and Kauai, as well as in the Alaska terminal locations of Anchorage, Kodiak, and Dutch Harbor. In addition, the company provides multimodal transportation brokerage of domestic and international rail intermodal, long-haul and regional highway trucking, specialized hauling, flat-bed and project, less-than-truckload (LCL), and expedited freight services; LCL consolidation and freight forwarding services; warehousing, trans-loading, value-added packaging and distribution services; purchase order management, booking services, and non-vessel operating common carrier freight forwarding services. It serves the U.S. military, freight forwarders and non-vessel owning common carriers, retailers and consumer goods 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.

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$181.30
+62.37% 1Y

Market & Price

Market Cap
$5.49B
Current Price
$181.30
High / Low (52W)
$188.62 / $87.40
Beta
1.30

Valuation

Stock P/E
13.44
Industry PE
28.38
Forward P/E
11.97
PEG Ratio
2.01
Book Value
$89.81
Price to Book
2.02
P/S
1.65
EV/EBITDA
9.71
Dividend Yield
0.79%

Profitability & Returns

ROCE
13.16%
ROE
16.00%
ROA
6.28%
Profit Margin
12.92%
Op Margin
7.75%
EPS (Latest Qtr)
$1.85
EPS (TTM)
$13.49

Balance Sheet & Liquidity

Debt/Equity
0.26
Quick Ratio
0.68
Current Ratio
0.82
Debt
$697.20M
Total Assets
$4.64B
Current Assets
$471.90M
Working Capital
$-55.50M

Ownership

Promoter Holding
2.03%
Chg in Prom Hold
-
FII / Inst Holding
88.83%
Chg in FII Hold
-0.00%

Financial Snapshot

Enterprise Value
$6.08B
Total Revenue (TTM)
$3.32B
EBITDA
$626.30M
Free Cash Flow
$239.64M
Operating Cash Flow
$552.10M
Shares Outstanding
30.26M
Gross Margin
22.42%
Payout Ratio
10.53%

Growth (CAGR)

Revenue 5Y
-8.34%
Profit 5Y
-25.23%
Revenue (YoY)
-3.10%
Earnings (YoY)
-15.10%

PROS

  • Generates positive free cash flow.
  • In a confirmed uptrend (50-DMA above 200-DMA).

CONS

  • Revenue declined at -8.3% CAGR over 5 years.
  • Earnings shrank at -25.2% CAGR over 5 years.

* The pros and cons are auto-generated from financial metrics.

Price Chart

Robinhood TradingView StockAnalysis

Fundamental Growth

Figures from the latest reported periods. CAGR is computed across the displayed window (quarterly CAGR is annualised assuming 4 quarters per year).

Peer comparison

Peer companies in the same sector (Industrials).

#NameCMP $P/E Mkt CapDiv Yld % ROCE %ROE % Rev CAGR 5Y %Profit CAGR 5Y %
1 MATX Matson, Inc. R2K 181.30 13.44 $5.49B 0.79% 13.16% 16.00% -8.34% -25.23%
2 CAT Caterpillar Inc. SPX 875.87 43.66 $403.42B 0.69% 19.42% 51.33% 4.38% 9.83%
3 GE GE Aerospace SPX 323.76 40.17 $338.27B 0.58% 11.89% 45.43% 16.32% 195.89%
4 GEV GE Vernova Inc. SPXAI 968.32 28.33 $260.21B 0.21% 6.30% 75.71% 8.68% 92.84%
5 RTX RTX Corporation SPX 179.66 33.64 $241.95B 1.54% 9.41% 11.57% 9.72% 9.01%
6 UNP Union Pacific Corporation SPX 262.64 21.60 $155.93B 2.10% 16.19% 40.69% -0.49% 0.66%
7 ETN Eaton Corporation plc SPXAI 400.60 39.20 $155.55B 1.10% 16.23% 20.84% 9.77% 18.41%
8 HON Honeywell International Inc. NDXSPX 237.86 38.00 $150.72B 2.00% 13.57% 24.26% 1.82% -1.62%
9 DE Deere & Company SPX 542.18 30.67 $146.45B 1.20% 12.82% 18.35% -4.50% -11.00%
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Quarterly Results

Figures in USD.

Metric Jun 2015Sep 2015Dec 2015Mar 2016Jun 2016Sep 2016Dec 2016Mar 2017Jun 2017Sep 2017Dec 2017Mar 2018Jun 2018Sep 2018Dec 2018Mar 2019Jun 2019Sep 2019Dec 2019Mar 2020Jun 2020Sep 2020Dec 2020Mar 2021Jun 2021Sep 2021Mar 2022Jun 2022Sep 2022Mar 2023Jun 2023Sep 2023Mar 2024Jun 2024Sep 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026
Revenue -------474.40M512.50M543.90M516.10M511.40M557.10M589.40M564.90M532.40M557.90M572.10M540.70M513.90M524.10M645.20M700.10M711.80M874.90M1.07B1.17B1.26B1.11B704.80M773.40M827.50M722.10M847.40M962.00M782.00M830.50M880.10M851.90M757.80M
Cost of Revenue -----------------------------------631.10M650.40M661.10M640.50M623.90M
Gross Profit -----------------------------------150.90M180.10M219.00M211.40M133.90M
Operating Expenses -----------------------------------75.40M74.40M67.30M77.00M77.50M
Operating Income 33.70M71.80M45.90M34.60M36.10M46.70M37.20M17.20M47.00M58.30M24.80M28.70M46.00M58.60M30.50M17.50M31.00M55.20M25.40M13.00M51.20M98.40M117.70M120.20M213.90M377.90M432.60M493.10M335.30M38.70M96.70M132.10M36.90M124.60M242.30M75.50M105.70M151.70M134.40M56.40M
EBITDA -----------------------------------169.00M197.00M244.80M229.80M145.40M
Interest Expense -----------------------------------1.70M1.70M1.80M1.60M1.60M
Pretax Income -----------------------------------92.20M121.70M168.90M151.00M67.90M
Tax Provision -----------------------------------19.90M27.00M34.20M7.90M11.30M
Net Income 9.90M41.50M26.60M18.10M18.00M25.30M20.00M7.00M24.00M34.10M165.90M14.20M32.60M41.60M20.60M12.50M18.40M36.20M15.60M3.80M32.80M70.90M85.60M87.20M162.50M283.20M339.20M380.70M266.00M34.00M80.80M119.90M36.10M113.20M199.10M72.30M94.70M134.70M143.10M56.60M
Diluted EPS 0.230.940.600.410.420.590.460.160.550.793.880.330.760.970.480.290.430.840.360.090.761.631.961.993.716.538.239.496.890.942.263.401.043.315.892.182.924.244.601.85

Profit & Loss (Annual)

Figures in USD.

Metric Dec 2008Dec 2009Dec 2010Dec 2011Dec 2012Dec 2013Dec 2014Dec 2015Dec 2016Dec 2017Dec 2018Dec 2019Dec 2020Dec 2021Dec 2022Dec 2023Dec 2024Dec 2025
Revenue --------1.94B2.05B2.22B2.20B2.38B3.93B4.34B3.09B3.42B3.34B
Cost of Revenue --------------2.81B2.47B2.57B2.58B
Gross Profit --------------1.53B623.90M855.90M761.40M
Operating Expenses --------------261.00M283.30M303.60M294.10M
Operating Income 144.00M34.00M125.40M78.60M96.70M100.30M140.00M196.30M156.70M147.30M163.80M129.10M280.30M1.19B1.27B340.60M552.30M467.30M
EBITDA --------------1.66B669.40M893.70M840.60M
Interest Expense --------------18.00M12.20M7.50M6.80M
Pretax Income --------------1.35B373.00M599.40M533.80M
Tax Provision --------------288.40M75.90M123.00M89.00M
Net Income 132.00M44.00M92.10M34.20M45.90M53.70M70.80M103.00M81.40M231.00M109.00M82.70M193.10M927.40M1.06B297.10M476.40M444.80M
Diluted EPS 3.191.082.220.811.081.251.632.341.875.352.531.914.4421.4727.078.3213.9313.81

Compounded Sales Growth

5 Years:-8.34%
1 Year:-3.10%

Compounded Profit Growth

5 Years:-25.23%
1 Year:-15.10%

Stock Price Performance

1 Year:+62.37%
6 Months:+66.74%
3 Months:+9.35%
1 Month:+4.79%

Balance Sheet (Annual)

Figures in USD.

Metric Dec 2007Dec 2008Dec 2009Dec 2010Dec 2011Dec 2012Dec 2013Dec 2014Dec 2015Dec 2016Dec 2017Dec 2018Dec 2019Dec 2020Dec 2021Dec 2022Dec 2023Dec 2024Dec 2025
Total Assets --2.38B2.49B2.54B1.17B1.25B1.40B1.67B2.02B2.25B2.43B2.85B2.90B-4.33B4.29B4.60B4.64B
Current Assets ---------------759.60M602.30M609.60M471.90M
Cash & Equivalents 17.00M19.00M16.00M14.00M9.80M19.90M114.50M293.40M25.50M13.90M19.80M19.60M21.20M14.40M-249.80M134.00M266.80M141.90M
Inventory -------------------
Receivables ---------------268.50M279.40M268.90M256.80M
Total Liabilities ---------------2.03B1.89B1.94B1.88B
Current Liabilities --297.00M353.00M278.70M193.40M200.60M223.50M297.60M277.60M286.30M370.80M436.70M511.50M-581.60M562.30M560.40M527.40M
Long Term Debt --406.00M386.00M180.10M302.70M273.60M352.00M407.90M707.10M826.30M814.30M910.00M685.60M-427.70M389.30M350.80M312.10M
Total Debt ---------------910.70M725.00M749.00M727.10M
Total Equity 1.13B1.07B1.09B1.14B1.12B279.90M338.20M363.80M450.60M494.90M677.20M755.30M805.70M961.20M-2.30B2.40B2.65B2.76B
Shares Outstanding ---------------36.30M34.40M33.00M30.40M

Cash Flows (Annual)

Figures in USD.

Metric Dec 2008Dec 2009Dec 2010Dec 2011Dec 2015Dec 2016Dec 2017Dec 2018Dec 2019Dec 2020Dec 2021Dec 2022Dec 2023Dec 2024Dec 2025
Operating Cash Flow 275.00M115.00M150.00M86.00M245.30M157.80M224.90M305.00M248.80M429.80M-1.27B510.50M767.80M547.10M
Investing Cash Flow -149.00M-31.00M-150.00M-71.00M-63.80M-320.70M-276.90M-260.30M-306.90M-177.00M--729.30M-338.20M-336.10M-265.60M
Financing Cash Flow -124.00M-87.00M-2.00M-7.00M-449.40M151.30M57.90M-40.00M62.00M-261.50M--576.60M-289.70M-301.20M-406.40M
Capital Expenditure ------------209.30M-248.40M-310.10M-393.40M
Free Cash Flow -----------1.06B262.10M457.70M153.70M
Net Change in Cash ------------34.00M-117.40M130.50M-124.90M
Share Buybacks 59.00M00-4.90M38.00M19.30M---198.30M397.00M155.20M199.10M303.30M

Ratios (Annual)

Figures in %.

Metric Dec 2008Dec 2009Dec 2010Dec 2011Dec 2012Dec 2013Dec 2014Dec 2015Dec 2016Dec 2017Dec 2018Dec 2019Dec 2020Dec 2021Dec 2022Dec 2023Dec 2024Dec 2025
Gross Margin % --------------35.3%20.2%25.0%22.8%
Operating Margin % --------8.1%7.2%7.4%5.9%11.8%30.3%29.3%11.0%16.1%14.0%
Net Margin % --------4.2%11.3%4.9%3.8%8.1%23.6%24.5%9.6%13.9%13.3%
ROE % 12.3%4.1%8.1%3.0%16.4%15.9%19.5%22.9%16.4%34.1%14.4%10.3%20.1%-46.3%12.4%18.0%16.1%
ROCE % -1.6%5.9%3.5%9.9%9.6%11.9%14.3%9.0%7.5%8.0%5.4%11.7%-33.9%9.1%13.7%11.4%

Shareholding Pattern

Insiders
2.03%
Institutions
88.83%
Public Float
90.67%

Top Institutional Holders

#Holder% HeldSharesValue
1 Blackrock Inc. 16.56% 5.01M $908.83M
2 Vanguard Portfolio Management LLC 6.69% 2.03M $367.23M
3 Dimensional Fund Advisors LP 6.43% 1.95M $352.94M
4 American Century Companies Inc 4.97% 1.50M $272.43M
5 Vanguard Capital Management LLC 4.39% 1.33M $240.82M
6 State Street Corporation 3.99% 1.21M $218.96M
7 Geode Capital Management, LLC 2.56% 775.42K $140.58M
8 Capital Research Global Investors 2.10% 635.09K $115.14M
9 Fuller & Thaler Asset Management Inc. 2.03% 613.24K $111.18M
10 T. Rowe Price Investment Management, Inc. 1.74% 527.84K $95.70M

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