MATX Q1 2023 Earnings — Matson, Inc. Revenue & Financial Results | Market Cap Arena

MATXMatson, Inc.

$5B

Q1 2023 Earnings

Industrials Marine Shipping

Income Statement

Revenue

$705M-39.5% YoY

Gross Profit

$107M15.2% margin

Operating Income

$41M5.7% margin

Net Income

$34M4.8% margin

EPS (Diluted)

$0.94

QoQ Revenue Growth

-12.1%

Cash Flow

Operating Cash Flow

$97M

Free Cash Flow

$61M

Stock-Based Comp.

$5M

Balance Sheet

Total Assets

$4.2B

Total Liabilities

$2.0B

Stockholders' Equity

$2.3B

Cash & Equivalents

$92M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$705M	$1.2B	-39.5%
Gross Profit	$107M	$462M	-76.8%
Operating Income	$41M	$399M	-89.8%
Net Income	$34M	$339M	-90.0%

Revenue Segments

Ocean. Transportation.

$551M98%

Logistics.

$10M2%