MATX Q1 2024 Earnings — Matson, Inc. Revenue & Financial Results | Market Cap Arena

MATXMatson, Inc.

$5B

Q1 2024 Earnings

Industrials Marine Shipping

Income Statement

Revenue

$722M+2.5% YoY

Gross Profit

$110M15.2% margin

Operating Income

$37M5.1% margin

Net Income

$36M5.0% margin

EPS (Diluted)

$1.04

QoQ Revenue Growth

-8.5%

Cash Flow

Operating Cash Flow

$37M

Free Cash Flow

-$19M

Stock-Based Comp.

$6M

Balance Sheet

Total Assets

$4.2B

Total Liabilities

$1.8B

Stockholders' Equity

$2.4B

Cash & Equivalents

$26M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$722M	$705M	+2.5%
Gross Profit	$110M	$107M	+2.4%
Operating Income	$37M	$41M	-9.9%
Net Income	$36M	$34M	+6.2%

Revenue Segments

Ocean. Transportation.

$579M80%

Logistics.

$143M20%