Kirby Corporation (KEX) vs Matson, Inc. (MATX)

Kirby Corporation and Matson, Inc. are both Marine Shipping companies. Kirby Corporation and Matson, Inc. are of similar size ($6.9B and $6.7B). Matson, Inc. trades at the lower P/E: 14.9× against 19.7×. Kirby Corporation grew revenue faster over the last twelve months: 6.56% against −0.16%. Matson, Inc. has the higher net margin (13.4% vs 10.2%) and the higher return on invested capital (11.0% vs 6.89%). Across the 22 metrics below, Matson, Inc. leads on 13 and Kirby Corporation on 9.

Valuation

Metric KEX MATX Marine Shipping median
P/E 19.71 14.89 6.89
P/S 1.97 1.95 1.92
P/B 2.00 2.44 0.90
Price to free cash flow 13.71 57.07 4.62
EV/EBITDA 9.79 8.41 6.57
EV/Sales 2.27 2.02 2.73
Earnings yield 5.07% 6.72% 9.59%
Free cash flow yield 7.29% 1.75% 16.76%

Profitability

Metric KEX MATX Marine Shipping median
Gross margin 33.20% 23.02% 60.61%
Operating margin 14.01% 15.18% 27.74%
Net margin 10.18% 13.41% 25.21%
Free cash flow margin 14.38% 3.45% 17.29%
Return on equity 10.39% 17.21% 8.62%
Return on assets 5.78% 10.09% 5.35%
Return on invested capital 6.89% 10.99% 5.32%

Growth

Metric KEX MATX Marine Shipping median
Revenue growth (TTM) 6.56% (0.16%) 13.26%
EPS growth (last fiscal year) 28.92% (0.86%) —
Revenue growth, 5-year CAGR 9.15% 7.01% 11.77%
Net income growth, 5-year CAGR 0.00% 18.16% 0.00%

Health

Metric KEX MATX Marine Shipping median
Debt to equity 0.30 0.12 0.52
Current ratio 1.68 0.89 1.63
Net debt to EBITDA 1.03 0.26 2.34

Dividend

Metric KEX MATX Marine Shipping median
Dividend yield — 1.33% 5.54%
Payout ratio 0.00 0.10 0.13

Size

Metric KEX MATX Marine Shipping median
Market cap 6.88b 6.70b 420.73m

Compare with another peer

Any metric, up to five companies and an Excel export Powerpack