MATX Q2 2021 Earnings — Matson, Inc. Revenue & Financial Results | Market Cap Arena

MATXMatson, Inc.

$5B

Q2 2021 Earnings

Industrials Marine Shipping

Income Statement

Revenue

$875M+66.9% YoY

Gross Profit

$259M29.6% margin

Operating Income

$201M23.0% margin

Net Income

$163M18.6% margin

EPS (Diluted)

$3.71

QoQ Revenue Growth

+22.9%

Cash Flow

Operating Cash Flow

$116M

Free Cash Flow

$53M

Stock-Based Comp.

$5M

Balance Sheet

Total Assets

$3.0B

Total Liabilities

$1.9B

Stockholders' Equity

$1.2B

Cash & Equivalents

$17M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$875M	$524M	+66.9%
Gross Profit	$259M	$98M	+165.1%
Operating Income	$201M	$48M	+323.4%
Net Income	$163M	$33M	+395.4%

Revenue Segments

Ocean Transportation

$683M98%

Logistics

$10M2%