MATX Q3 2023 Earnings — Matson, Inc. Revenue & Financial Results | Market Cap Arena

MATXMatson, Inc.

$5B

Q3 2023 Earnings

Industrials Marine Shipping

Income Statement

Revenue

$828M-25.8% YoY

Gross Profit

$203M24.6% margin

Operating Income

$131M15.8% margin

Net Income

$120M14.5% margin

EPS (Diluted)

$3.40

QoQ Revenue Growth

+7.0%

Cash Flow

Operating Cash Flow

$153M

Free Cash Flow

$91M

Stock-Based Comp.

$8M

Balance Sheet

Total Assets

$4.3B

Total Liabilities

$1.9B

Stockholders' Equity

$2.4B

Cash & Equivalents

$160M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$828M	$1.1B	-25.8%
Gross Profit	$203M	$376M	-46.0%
Operating Income	$131M	$312M	-58.1%
Net Income	$120M	$266M	-54.9%

Revenue Segments

Ocean. Transportation.

$669M81%

Logistics.

$158M19%