MATX (Matson, Inc.) Stock Financials & Earnings | Market Cap Arena

MATX (Matson, Inc.) Stock Financials & Earnings | Market Cap Arena

MATXMatson, Inc.

Mkt Cap$5B

Industrials·Marine Shipping·🇺🇸 United States·NYSE

Revenue (TTM)$3.3B

Net Income (TTM)$445M

EPS (TTM)$13.94

Free Cash Flow (TTM)$373M

Gross Margin22.8%

Op. Margin14.0%

Net Margin13.3%

FCF Margin11.1%

P/S Ratio (TTM)1.5x

P/E Ratio (TTM)11.1x

YoY Rev Growth-2.3%

Employees—

Earnings Reports

Revenue & Profitability

Quarter	Revenue	Gross Profit	Op. Income
Q1 23	$705M	$107M	$41M
Q2 23	$773M	$169M	$98M
Q3 23	$828M	$203M	$131M
Q4 23	$789M	$145M	$71M
Q1 24	$722M	$110M	$37M
Q2 24	$847M	$201M	$123M
Q3 24	$962M	$308M	$235M
Q4 24	$890M	$238M	$157M
Q1 25	$782M	$151M	$76M
Q2 25	$831M	$180M	$106M
Q3 25	$880M	$219M	$152M
Q4 25	$852M	$211M	$134M

Revenue Breakdown

Valuation

Quarter	P/S	P/E
Q1 23	1.3x	6.5x
Q2 23	1.5x	10.7x
Q3 23	1.6x	15.7x
Q4 23	1.6x	16.6x
Q1 24	1.6x	16.5x
Q2 24	1.5x	14.8x
Q3 24	1.5x	12.0x
Q4 24	1.4x	10.3x
Q1 25	1.4x	9.6x
Q2 25	1.4x	10.0x
Q3 25	1.5x	11.5x
Q4 25	1.5x	11.1x

Operating Cash Flow

Quarter	Operating CF	Free CF
Q1 23	$97M	$61M
Q2 23	$150M	$59M
Q3 23	$153M	$91M
Q4 23	$111M	$51M
Q1 24	$37M	-$19M
Q2 24	$308M	$238M
Q3 24	$249M	$188M
Q4 24	$175M	$50M
Q1 25	$89M	-$200K
Q2 25	$106M	$195M
Q3 25	$174M	$90M
Q4 25	$177M	$88M

Capital Expenditures

CapEx

Quarter	CapEx
Q1 23	$36M
Q2 23	$90M
Q3 23	$61M
Q4 23	$61M
Q1 24	$55M
Q2 24	$70M
Q3 24	$60M
Q4 24	$125M
Q1 25	$89M
Q2 25	$89M
Q3 25	$83M
Q4 25	$89M

OpEx vs Revenue Growth (YoY)

Quarter	Revenue Growth	OpEx Growth
Q1 23	-39.5%	-13.4%
Q2 23	-38.7%	-14.8%
Q3 23	-25.8%	-13.2%
Q4 23	-1.6%	+1.1%
Q1 24	+2.5%	+3.2%
Q2 24	+9.6%	+7.2%
Q3 24	+16.3%	+4.3%
Q4 24	+12.9%	+2.2%
Q1 25	+8.3%	+3.0%
Q2 25	-2.0%	+0.1%
Q3 25	-8.5%	+0.2%
Q4 25	-4.3%	-2.2%

Stock-Based Compensation

Quarter	SBC ($)	% of Revenue
Q1 23	$5M	0.7%
Q2 23	$5M	0.7%
Q3 23	$8M	0.9%
Q4 23	$6M	0.8%
Q1 24	$6M	0.8%
Q2 24	$6M	0.7%
Q3 24	$7M	0.7%
Q4 24	$7M	0.8%
Q1 25	$6M	0.7%
Q2 25	$6M	0.7%
Q3 25	$0	0.0%
Q4 25	$6M	0.7%

OpEx Breakdown

Quarter	G&A	SG&A
Q1 23	—	$67M
Q2 23	—	$71M
Q3 23	—	$73M
Q4 23	—	$73M
Q1 24	—	$73M
Q2 24	—	$77M
Q3 24	—	$72M
Q4 24	—	$81M
Q1 25	—	$75M
Q2 25	—	$74M
Q3 25	—	$67M
Q4 25	$77M	—

Revenue Segments

Quarter	Logistics.	Ocean. Transportation.
Q3 23	$158M	$669M
Q1 24	$143M	$579M
Q2 24	$158M	$690M
Q3 24	$163M	$799M
Q4 24	$148M	$742M
Q1 25	$145M	$637M
Q2 25	$155M	$676M
Q3 25	$162M	$718M
Q4 25	$148M	$704M

War Chest

Quarter	Cash	Short-term Investments	Total
Q1 23	$92M	$0	$92M
Q2 23	$126M	$0	$126M
Q3 23	$160M	$0	$160M
Q4 23	$134M	$0	$134M
Q1 24	$26M	$0	$26M
Q2 24	$168M	$0	$168M
Q3 24	$270M	$0	$270M
Q4 24	$267M	$0	$267M
Q1 25	$122M	$0	$122M
Q2 25	$59M	$0	$59M
Q3 25	$93M	$0	$93M
Q4 25	$142M	$0	$142M

Shares Outstanding

Shares Outstanding

Quarter	Shares (Diluted)	QoQ Change
Q1 23	36M	-2.4%
Q2 23	36M	-1.7%
Q3 23	35M	-1.1%
Q4 23	35M	-0.6%
Q1 24	35M	-1.4%
Q2 24	34M	-1.2%
Q3 24	34M	-1.2%
Q4 24	34M	-0.3%
Q1 25	33M	-1.5%
Q2 25	32M	-2.4%
Q3 25	32M	-1.9%
Q4 25	31M	-2.2%

Revenue Per Employee

Revenue / Employee

Year	Revenue/Employee	Employees
FY 14	$2M	1K
FY 15	$1M	2K
FY 16	$1M	2K
FY 17	$1M	2K
FY 18	$1M	2K
FY 19	$1M	2K
FY 20	$574K	4K
FY 21	$922K	4K
FY 22	$1M	4K
FY 23	$717K	4K
FY 24	$786K	4K
FY 25	$802K	4K