MATX Q3 2024 Earnings — Matson, Inc. Revenue & Financial Results | Market Cap Arena

MATXMatson, Inc.

$5B

Q3 2024 Earnings

Industrials Marine Shipping

Income Statement

Revenue

$962M+16.3% YoY

Gross Profit

$308M32.0% margin

Operating Income

$235M24.5% margin

Net Income

$199M20.7% margin

EPS (Diluted)

$5.89

QoQ Revenue Growth

+13.5%

Cash Flow

Operating Cash Flow

$249M

Free Cash Flow

$188M

Stock-Based Comp.

$7M

Balance Sheet

Total Assets

$4.4B

Total Liabilities

$1.9B

Stockholders' Equity

$2.6B

Cash & Equivalents

$270M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$962M	$828M	+16.3%
Gross Profit	$308M	$203M	+51.3%
Operating Income	$235M	$131M	+80.0%
Net Income	$199M	$120M	+66.1%

Revenue Segments

Ocean. Transportation.

$799M83%

Logistics.

$163M17%