MATX Q2 2024 Earnings — Matson, Inc. Revenue & Financial Results | Market Cap Arena

MATXMatson, Inc.

$5B

Q2 2024 Earnings

Industrials Marine Shipping

Income Statement

Revenue

$847M+9.6% YoY

Gross Profit

$201M23.7% margin

Operating Income

$123M14.6% margin

Net Income

$113M13.4% margin

EPS (Diluted)

$3.31

QoQ Revenue Growth

+17.4%

Cash Flow

Operating Cash Flow

$308M

Free Cash Flow

$238M

Stock-Based Comp.

$6M

Balance Sheet

Total Assets

$4.3B

Total Liabilities

$1.9B

Stockholders' Equity

$2.4B

Cash & Equivalents

$168M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$847M	$773M	+9.6%
Gross Profit	$201M	$169M	+18.9%
Operating Income	$123M	$98M	+25.8%
Net Income	$113M	$81M	+40.1%

Revenue Segments

Ocean. Transportation.

$690M81%

Logistics.

$158M19%