MATX Q2 2020 Earnings — Matson, Inc. Revenue & Financial Results | Market Cap Arena

MATXMatson, Inc.

$5B

Q2 2020 Earnings

Industrials Marine Shipping

Income Statement

Revenue

$524M-6.1% YoY

Gross Profit

$98M18.7% margin

Operating Income

$48M9.1% margin

Net Income

$33M6.3% margin

EPS (Diluted)

$0.76

QoQ Revenue Growth

+2.0%

Cash Flow

Operating Cash Flow

$72M

Free Cash Flow

$57M

Stock-Based Comp.

$3M

Balance Sheet

Total Assets

$2.8B

Total Liabilities

$2.0B

Stockholders' Equity

$816M

Cash & Equivalents

$20M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$524M	$558M	-6.1%
Gross Profit	$98M	$85M	+14.9%
Operating Income	$48M	$30M	+57.8%
Net Income	$33M	$18M	+78.3%

Revenue Segments

Logistics

$16M85%

Ocean Transportation

$3M15%