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	Mar 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Revenue	3,482	3,422	3,095	4,343	3,925	2,383
Revenue Growth (YoY)	11.88%	10.57%	-28.74%	10.64%	64.70%	8.18%
Cost of Revenue	2,585	2,566	2,471	2,812	2,558	1,904
Gross Profit	896.9	855.9	623.9	1,532	1,368	479
Selling, General & Admin	296.6	295.1	275.8	251.4	229.1	218.7
Operating Expenses	296.6	295.1	275.8	251.4	229.1	218.7
Operating Income	600.3	560.8	348.1	1,280	1,139	260.3
Interest Expense	-7	-7.5	-12.2	-18	-22.6	-27.4
Interest & Investment Income	48.9	48.3	36	8.2	-	-
Earnings From Equity Investments	5.2	-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	646.3	599.4	373	1,352	1,171	259
Pretax Income	646.3	599.4	373	1,352	1,171	259
Income Tax Expense	133.7	123	75.9	288.4	243.9	65.9
Net Income	512.6	476.4	297.1	1,064	927.4	193.1
Net Income to Common	512.6	476.4	297.1	1,064	927.4	193.1
Net Income Growth	71.32%	60.35%	-72.07%	14.72%	380.27%	133.50%
Shares Outstanding (Basic)	33	34	35	39	43	43
Shares Outstanding (Diluted)	34	34	36	39	43	44
Shares Change (YoY)	-4.04%	-4.20%	-9.16%	-9.03%	-0.69%	0.46%
EPS (Basic)	15.39	14.14	8.42	27.28	21.67	4.48
EPS (Diluted)	15.15	13.93	8.32	27.07	21.47	4.44
EPS Growth	78.79%	67.43%	-69.27%	26.08%	383.56%	132.46%
Free Cash Flow	475.4	456.9	249.7	1,060	658.8	237.5
Free Cash Flow Per Share	14.04	13.36	6.99	26.96	15.25	5.46
Dividend Per Share	1.340	1.320	1.260	1.220	1.060	0.900
Dividend Growth	5.51%	4.76%	3.28%	15.09%	17.78%	4.65%
Gross Margin	25.76%	25.01%	20.16%	35.26%	34.84%	20.10%
Operating Margin	17.24%	16.39%	11.25%	29.48%	29.01%	10.92%
Profit Margin	14.72%	13.92%	9.60%	24.50%	23.63%	8.10%
Free Cash Flow Margin	13.65%	13.35%	8.07%	24.40%	16.78%	9.96%
EBITDA	756.8	713.9	490.3	1,419	1,275	375.2
EBITDA Margin	21.74%	20.86%	15.84%	32.68%	32.47%	15.74%
D&A For EBITDA	156.5	153.1	142.2	139.2	135.9	114.9
EBIT	600.3	560.8	348.1	1,280	1,139	260.3
EBIT Margin	17.24%	16.39%	11.25%	29.48%	29.01%	10.92%
Effective Tax Rate	20.69%	20.52%	20.35%	21.33%	20.82%	25.44%
Revenue as Reported	3,482	3,422	3,095	4,343	3,925	2,383

Updated May 5, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q