Matson Income Statement

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep '25 Sep 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Revenue	3,383	3,422	3,095	4,343	3,925	2,383
Revenue Growth (YoY)	1.88%	10.57%	-28.74%	10.64%	64.70%	8.18%
Cost of Revenue	2,595	2,566	2,471	2,812	2,558	1,904
Gross Profit	787.8	855.9	623.9	1,532	1,368	479
Selling, General & Admin	286.1	295.1	275.8	251.4	229.1	218.7
Operating Expenses	286.1	295.1	275.8	251.4	229.1	218.7
Operating Income	501.7	560.8	348.1	1,280	1,139	260.3
Interest Expense	-6.6	-7.5	-12.2	-18	-22.6	-27.4
Interest & Investment Income	35.3	48.3	36	8.2	-	-
Earnings From Equity Investments	13.7	-1	2.2	83.1	56.3	26.3
Other Non Operating Income (Expenses)	-3.1	-1.2	-1.1	-1.1	-1	-0.2
EBT Excluding Unusual Items	541	599.4	373	1,352	1,171	259
Pretax Income	541	599.4	373	1,352	1,171	259
Income Tax Expense	111.3	123	75.9	288.4	243.9	65.9
Net Income	429.7	476.4	297.1	1,064	927.4	193.1
Net Income to Common	429.7	476.4	297.1	1,064	927.4	193.1
Net Income Growth	4.60%	60.35%	-72.07%	14.72%	380.27%	133.50%
Shares Outstanding (Basic)	32	34	35	39	43	43
Shares Outstanding (Diluted)	33	34	36	39	43	44
Shares Change (YoY)	-5.41%	-4.20%	-9.16%	-9.03%	-0.69%	0.46%
EPS (Basic)	13.28	14.14	8.42	27.28	21.67	4.48
EPS (Diluted)	13.11	13.93	8.32	27.07	21.47	4.44
EPS Growth	10.58%	67.43%	-69.27%	26.08%	383.56%	132.46%
Free Cash Flow	160	456.9	249.7	1,060	658.8	237.5
Free Cash Flow Per Share	4.88	13.36	6.99	26.96	15.25	5.46
Dividend Per Share	1.380	1.320	1.260	1.220	1.060	0.900
Dividend Growth	6.15%	4.76%	3.28%	15.09%	17.78%	4.65%
Gross Margin	23.29%	25.01%	20.16%	35.26%	34.84%	20.10%
Operating Margin	14.83%	16.39%	11.25%	29.48%	29.01%	10.92%
Profit Margin	12.70%	13.92%	9.60%	24.50%	23.63%	8.10%
Free Cash Flow Margin	4.73%	13.35%	8.07%	24.40%	16.78%	9.96%
EBITDA	665.3	713.9	490.3	1,419	1,275	375.2
EBITDA Margin	19.67%	20.86%	15.84%	32.68%	32.47%	15.74%
D&A For EBITDA	163.6	153.1	142.2	139.2	135.9	114.9
EBIT	501.7	560.8	348.1	1,280	1,139	260.3
EBIT Margin	14.83%	16.39%	11.25%	29.48%	29.01%	10.92%
Effective Tax Rate	20.57%	20.52%	20.35%	21.33%	20.82%	25.44%
Revenue as Reported	3,383	3,422	3,095	4,343	3,925	2,383

Updated Nov 4, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q