Matson, Inc. (MATX)

Matson Income Statement

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Jun 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Revenue	3,465	3,422	3,095	4,343	3,925	2,383
Revenue Growth (YoY)	8.75%	10.57%	-28.74%	10.64%	64.70%	8.18%
Cost of Revenue	2,588	2,566	2,471	2,812	2,558	1,904
Gross Profit	876.5	855.9	623.9	1,532	1,368	479
Selling, General & Admin	293.3	295.1	275.8	251.4	229.1	218.7
Operating Expenses	293.3	295.1	275.8	251.4	229.1	218.7
Operating Income	583.2	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	38.1	48.3	36	8.2	-	-
Earnings From Equity Investments	11.3	-1	2.2	83.1	56.3	26.3
Other Non Operating Income (Expenses)	-1.1	-1.2	-1.1	-1.1	-1	-0.2
EBT Excluding Unusual Items	624.9	599.4	373	1,352	1,171	259
Pretax Income	624.9	599.4	373	1,352	1,171	259
Income Tax Expense	130.8	123	75.9	288.4	243.9	65.9
Net Income	494.1	476.4	297.1	1,064	927.4	193.1
Net Income to Common	494.1	476.4	297.1	1,064	927.4	193.1
Net Income Growth	49.00%	60.35%	-72.07%	14.72%	380.27%	133.50%
Shares Outstanding (Basic)	33	34	35	39	43	43
Shares Outstanding (Diluted)	33	34	36	39	43	44
Shares Change (YoY)	-4.58%	-4.20%	-9.16%	-9.03%	-0.69%	0.46%
EPS (Basic)	15.02	14.14	8.42	27.28	21.67	4.48
EPS (Diluted)	14.81	13.93	8.32	27.07	21.47	4.44
EPS Growth	56.13%	67.43%	-69.27%	26.08%	383.56%	132.46%
Free Cash Flow	256.6	456.9	249.7	1,060	658.8	237.5
Free Cash Flow Per Share	7.69	13.36	6.99	26.96	15.25	5.46
Dividend Per Share	1.360	1.320	1.260	1.220	1.060	0.900
Dividend Growth	6.25%	4.76%	3.28%	15.09%	17.78%	4.65%
Gross Margin	25.30%	25.01%	20.16%	35.26%	34.84%	20.10%
Operating Margin	16.83%	16.39%	11.25%	29.48%	29.01%	10.92%
Profit Margin	14.26%	13.92%	9.60%	24.50%	23.63%	8.10%
Free Cash Flow Margin	7.41%	13.35%	8.07%	24.40%	16.78%	9.96%
EBITDA	742.6	713.9	490.3	1,419	1,275	375.2
EBITDA Margin	21.43%	20.86%	15.84%	32.68%	32.47%	15.74%
D&A For EBITDA	159.4	153.1	142.2	139.2	135.9	114.9
EBIT	583.2	560.8	348.1	1,280	1,139	260.3
EBIT Margin	16.83%	16.39%	11.25%	29.48%	29.01%	10.92%
Effective Tax Rate	20.93%	20.52%	20.35%	21.33%	20.82%	25.44%
Revenue as Reported	3,465	3,422	3,095	4,343	3,925	2,383

Updated Jul 31, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q