Friday 6 November 2026 Export MATX’s income statement to Excel — free account

Matson, Inc.

Matson, Inc.’s revenue for fiscal 2025 (year ended December 2025) was $3.3 billion, down 2.26% from fiscal 2024.

Revenue: +26.5%
EPS: +64.3%
Free cash flow: +148.1%
Total debt: −10.7%

Quarter to September 2026, against a year earlier

Dividend growth 10 yrs

214.62 3.18 +1.50%

Follow MATX

Alert me

Market cap: $6.4B
P/E: 12.0×
Fwd P/E: 13.6×
Dividend yield: 0.69%
F-score: 5/9
Altman Z: 3.06
Beneish M: −2.55
Dividend safety: 86/100

Overview Business Profile Earnings & Analysis Segments Valuation Filings

Matson, Inc. (MATX) revenue by segment, product and region

Where the money comes from and where it goes

Fiscal 2025: revenue by segment, and margins
Ocean Transportation	2,736	81.79%
Logistics	609	18.21%
Gross margin		22.77%
Operating margin		14.94%
Pre-tax margin		15.96%

Revenue by product or service $m

Line	FY2025	FY2024	FY2023	FY2022	FY2021	FY2020	FY2019	FY2018	FY2017	FY2016
Ocean Transportation	2,736 81.79%	2,810 82.11%	2,477 80.04%	3,545 81.62%	3,133 79.81%	1,854 77.79%	1,667 75.65%	1,641 73.84%	1,572 76.79%	1,541 79.37%
Logistics	609 18.21%	612 17.89%	618 19.96%	798 18.38%	793 20.19%	529 22.21%	537 24.35%	582 26.16%	475 23.21%	401 20.63%
Revenue	3,345	3,422	3,095	4,343	3,925	2,383	2,203	2,223	2,047	1,942

Revenue by segment $m

Line	FY2025	FY2024	FY2023	FY2022	FY2021	FY2020	FY2019	FY2018	FY2017	FY2016	FY2015	FY2014	FY2013	FY2012	FY2011	FY2010
Ocean Transportation	2,736 81.79%	2,810 82.11%	2,477 80.04%	3,545 81.62%	3,133 79.81%	1,854 77.79%	1,667 75.65%	1,641 73.84%	1,572 76.79%	1,541 79.37%	1,498 79.47%	1,278 74.58%	1,229 75.09%	1,190 76.27%	1,076 73.58%	1,015 74.06%
Logistics	609 18.21%	612 17.89%	618 19.96%	798 18.38%	793 20.19%	529 22.21%	537 24.35%	582 26.16%	475 23.21%	401 20.63%	387 20.53%	436 25.42%	408 24.91%	370 23.73%	386 26.42%	356 25.94%
Revenue	3,345	3,422	3,095	4,343	3,925	2,383	2,203	2,223	2,047	1,942	1,885	1,714	1,637	1,560	1,463	1,371

Operating income by segment $m, and margin

	FY2025	FY2024	FY2023	FY2022	FY2021	FY2020	FY2019	FY2018	FY2017	FY2016	FY2015	FY2014	FY2013	FY2012	FY2011	FY2010
Ocean Transportation	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡
Logistics	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡
Corporate and other	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡
Operating income	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡
	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡
	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡
	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡
	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡
	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡
	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡
	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡
	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡

Operating figures as reported in each quarter’s results release or filing

Figure	Quarter	Latest	A year before	Change
Alaska containers	Q3 FY2026	22.0K	23.1K	−4.76%
Alaska container volume change	Q3 FY2026	−4.80%	4.10%	—
China containers	Q3 FY2026	40.5K	34.9K	+16.05%
China container volume change	Q3 FY2026	16.0%	−12.8%	—
Guam containers	Q3 FY2026	4.8K	4.6K	+4.35%
Guam container volume change	Q3 FY2026	4.30%	−4.20%	—
Hawaii containers	Q3 FY2026	36.2K	36.3K	−0.28%
Hawaii container volume change	Q3 FY2026	−0.30%	0.30%	—
Other containers	Q3 FY2026	4.3K	4.6K	−6.52%
Other containers volume change	Q3 FY2026	−6.50%	−2.10%	—

	Q3 FY2026	Q2 FY2026	Q1 FY2026	Q4 FY2025	Q3 FY2025	Q2 FY2025	Q1 FY2025	Q4 FY2024	Q3 FY2024	Q2 FY2024	Q1 FY2024
Alaska containers	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡
Alaska container volume change	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡
China containers	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡
China container volume change	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡
Guam containers	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡
Guam container volume change	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡
Hawaii containers	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡
Hawaii container volume change	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡
Other containers	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡
Other containers volume change	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡
	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡
	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡

As each company reports them in its 10-K and 10-Q filings, in US dollars. Where a later filing recast a year's segments, the year is shown as recast; a period whose breakdown does not add up to the company's revenue is left out.