Matsons, Inc. (MATX) Financials
A multiple compares the market's price with a filed figure; it says what the market pays, not how the business is doing. The market capitalization is the vendor's as of Oct 17, 2026; every other figure is from the SEC filings on this page. Not financial advice.
Newest figures come from the 10-Q for Q2 FY2026, filed Aug 4, 2026. Each column of the statement tables below links to the filing it was taken from, and every filing is listed on the MATX SEC filings page.
Matsons, Inc. (MATX) reported $3.3B in revenue for fiscal year 2025, down 2.3% from the prior fiscal year. This page shows its income statement, balance sheet, cash flow statement, and key financial ratios. View 15 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).
Matson turns operating revenue into cash, but 2025 reinvestment sharply reduced free cash flow despite broadly stable sales.
FY2025 revenue was$3.34B , while operating margin fell to14.9% ; near-flat sales therefore produced weaker earnings conversion. The pattern points to margin normalization after the FY2024 rebound, not a simple volume collapse.
FY2025 net income was
Debt-to-equity fell from 0.3x in FY2021 to 0.1x in FY2025, indicating lower reliance on borrowing as equity accumulated. However, current liquidity tightened: the current ratio fell to 0.9x, so short-term obligations became larger than readily available current assets despite the stronger long-term solvency profile.
Financial Health Signals
Scored against operating companies for FY2025. Each of the six dimensions is a percentile rank within that peer group; the overall is their average, with missing dimensions counted as zero out of six. A high score means strong standing among peers, not absolute cross-industry strength. How this score is calculated →
Health score ≠ stock price. This rates the quality of Matsons, Inc.'s business: profitability, growth, balance sheet strength. It doesn't tell you whether the stock is a good buy at today's price. Not financial advice. Use it alongside valuation analysis and your own research.
Matsons, Inc. has an operating margin of 14.9%, meaning the company retains $15 of operating profit per $100 of revenue. This strong profitability earns a score of 72/100, reflecting efficient cost management and pricing power. This is down from 16.1% the prior year.
Matsons, Inc.'s revenue declined 2.3% year-over-year, from $3.4B to $3.3B. This contraction results in a growth score of 45/100.
Matsons, Inc. carries a low D/E ratio of 0.11, meaning only $0.11 of long-term debt for every $1 of shareholders' equity. This conservative leverage earns a score of 72/100, indicating a strong balance sheet with room for future borrowing.
Matsons, Inc.'s current ratio of 0.89 is below the typical benchmark, resulting in a score of 14/100. This tight liquidity could limit financial flexibility if cash inflows slow.
Matsons, Inc. has a free cash flow margin of 4.6%, earning a moderate score of 59/100. The company generates positive cash flow after capital investments, but with room for improvement.
Matsons, Inc. earns a strong 16.1% return on equity (ROE), meaning it generates $16 of profit for every $100 of shareholders' equity. This efficient capital use earns a returns score of 66/100. This is down from 18.0% the prior year.
Matsons, Inc. scores 4.05, well above the 2.99 safe threshold. The score is driven primarily by a large market capitalization ($7.0B) relative to total liabilities ($1.9B). This indicates low bankruptcy risk based on profitability, leverage, and asset efficiency.
Distress-screening estimate for non-financial companies. Not computed for banks or insurers, where the Altman model does not apply.
Matsons, Inc. passes 5 of 8 computable financial strength tests (1 of the nine could not be computed from available data). 3 of 4 profitability signals pass, 2 of 3 leverage/liquidity signals pass, neither operating efficiency signal passes.
For every $1 of reported earnings, Matsons, Inc. generates $1.23 in operating cash flow ($547.1M OCF vs $444.8M net income). This indicates profits are well-supported by actual cash generation, not accounting adjustments.
Matsons, Inc. earns $73.50 in operating income for every $1 of interest expense ($499.8M vs $6.8M). This wide margin provides strong safety for debt servicing, even if earnings decline temporarily.
Key Financial Metrics
Earnings & Revenue
Matsons, Inc. generated $969.4M in revenue in Q2 2026. This represents an increase of 16.7% from the same quarter a year earlier. Against the prior quarter it is up 27.9%.
Matsons, Inc. reported $129.4M in net income in Q2 2026. This represents an increase of 36.6% from the same quarter a year earlier. Against the prior quarter it is up 128.6%.
Matsons, Inc. earned $4.27 per diluted share (EPS) in Q2 2026. This represents an increase of 46.2% from the same quarter a year earlier. Against the prior quarter it is up 130.8%.
Not reported for Q2 2026.
Cash & Balance Sheet
Matsons, Inc. held $119.3M in cash against $292.7M in long-term debt as of Q2 2026.
Matsons, Inc. paid $0.38 per share in dividends in Q2 2026. This represents an increase of 5.6% from the same quarter a year earlier. Against the prior quarter it is up 5.6%.
Not reported for Q2 2026.
Margins & Returns
Matsons, Inc.'s operating margin was 16.4% in Q2 2026, reflecting core business profitability. This is up 2.8 percentage points from the same quarter a year earlier. Against the prior quarter it is up 8.3 percentage points.
Matsons, Inc.'s net profit margin was 13.4% in Q2 2026, showing the share of revenue converted to profit. This is up 2.0 percentage points from the same quarter a year earlier. Against the prior quarter it is up 5.9 percentage points.
Matsons, Inc.'s ROE was 4.7% in Q2 2026, measuring profit generated per dollar of shareholder equity. This is up 1.0 percentage points from the same quarter a year earlier. Against the prior quarter it is up 2.6 percentage points.
Not reported for Q2 2026.
Capital Allocation
Matsons, Inc. spent $67.0M on share buybacks in Q2 2026, returning capital to shareholders by reducing shares outstanding. This represents a decrease of 28.3% from the same quarter a year earlier. Against the prior quarter it is up 26.9%.
Not reported for Q2 2026.
Not reported for Q2 2026.
MATX Income Statement
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | Q2'2610-Q | Q1'2610-Q | Q4'2510-Q | Q3'2510-Q | Q2'2510-Q | Q1'2510-Q | Q4'2410-K | Q3'2410-Q |
|---|---|---|---|---|---|---|---|---|
| Revenue | $969.4M+16.7% | $757.8M-3.1% | $851.9M-4.3% | $880.1M-8.5% | $830.5M-2.0% | $782.0M+8.3% | $890.3M+12.9% | $962.0M+16.3% |
| SG&A Expenses | $78.0M+4.8% | $77.5M+2.8% | $77.0M-4.7% | $67.3M-6.9% | $74.4M-3.5% | $75.4M+2.7% | $80.8M+10.2% | $72.3M-0.4% |
| Operating Income | $158.9M+40.6% | $61.4M-25.2% | $143.7M-2.6% | $161.0M-33.6% | $113.0M-9.3% | $82.1M+122.5% | $147.5M+95.9% | $242.3M+83.4% |
| Interest Expense | $1.6M-5.9% | $1.6M-5.9% | $1.6M+14.3% | $1.8M0.0% | $1.7M-19.0% | $1.7M-22.7% | $1.4M-41.7% | $1.8M-25.0% |
| Income Tax | $34.5M+27.8% | $11.3M-43.2% | $7.9M-73.8% | $34.2M-36.3% | $27.0M-9.7% | $19.9M+116.3% | $30.2M+37.9% | $53.7M+164.5% |
| Net Income | $129.4M+36.6% | $56.6M-21.7% | $143.1M+11.8% | $134.7M-32.3% | $94.7M-16.3% | $72.3M+100.3% | $128.0M+105.1% | $199.1M+66.1% |
| EPS (Basic) | $4.30+45.8% | $1.86-15.5% | $4.59+18.9% | $4.28-28.4% | $2.95-11.7% | $2.20+109.5% | $3.86+110.9% | $5.98+74.9% |
| EPS (Diluted) | $4.27+46.2% | $1.85-15.1% | $4.53+19.2% | $4.24-28.0% | $2.92-11.8% | $2.18+109.6% | $3.80+115.9% | $5.89+73.2% |
| Diluted Shares (Avg) | 30M-6.5% | 31M-7.8% | N/A | 32M-5.9% | 32M-5.3% | 33M-4.0% | N/A | 34M-4.2% |
Not reported in any period shown, so not listed: Cost of Revenue, Gross Profit, R&D Expenses, EBITDA.
MATX Balance Sheet
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | Q2'2610-Q | Q1'2610-Q | Q4'2510-Q | Q3'2510-Q | Q2'2510-Q | Q1'2510-Q | Q4'2410-K | Q3'2410-Q |
|---|---|---|---|---|---|---|---|---|
| Total Assets | $4.7B+5.2% | $4.6B+1.2% | $4.6B+0.9% | $4.6B+3.6% | $4.5B+4.9% | $4.5B+7.3% | $4.6B+7.0% | $4.4B+3.5% |
| Current Assets | $536.0M+26.3% | $436.4M-6.8% | $471.9M-22.6% | $447.1M-31.4% | $424.5M-22.3% | $468.0M-8.6% | $609.6M+1.2% | $651.8M+2.5% |
| Cash & Equivalents | $119.3M+101.9% | $100.1M-18.0% | $141.9M-46.8% | $92.7M-65.7% | $59.1M-64.9% | $122.0M+371.0% | $266.8M+99.1% | $270.3M+72.7% |
| Short-Term Investments | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Long-Term Investments | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Goodwill | $327.8M0.0% | $327.8M0.0% | $327.8M0.0% | $327.8M0.0% | $327.8M0.0% | $327.8M0.0% | $327.8M0.0% | $327.8M0.0% |
| Total Liabilities | $1.9B+4.1% | $1.9B-2.2% | $1.9B-3.4% | $1.9B+1.4% | $1.9B-0.6% | $1.9B+2.6% | $1.9B+2.6% | $1.9B-0.9% |
| Current Liabilities | $603.8M+10.4% | $529.9M-3.0% | $527.4M-5.9% | $540.6M-6.4% | $546.9M-6.4% | $546.4M+3.0% | $560.4M-0.3% | $577.7M+1.2% |
| Non-Current Liabilities | $1.3B+1.5% | $1.3B-1.8% | $1.3B-2.4% | $1.4B+4.9% | $1.3B+2.0% | $1.3B+2.4% | $1.4B+3.9% | $1.3B-1.8% |
| Long-Term Debt | $292.7M-11.7% | $302.2M-11.4% | $312.1M-11.0% | $321.5M-10.7% | $331.5M-10.4% | $340.9M-10.1% | $350.8M-9.9% | $360.2M-9.7% |
| Total Equity | $2.8B+5.9% | $2.7B+3.7% | $2.8B+4.0% | $2.7B+5.2% | $2.6B+9.2% | $2.6B+10.9% | $2.7B+10.5% | $2.6B+7.0% |
| Retained Earnings | $2.5B+6.9% | $2.4B+4.3% | $2.4B+4.4% | $2.4B+5.8% | $2.3B+10.2% | $2.3B+12.2% | $2.3B+11.8% | $2.3B+8.0% |
Not reported in any period shown, so not listed: Inventory, Accounts Receivable.
MATX Cash Flow Statement
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | Q2'2610-Q | Q1'2610-Q | Q4'2510-Q | Q3'2510-Q | Q2'2510-Q | Q1'2510-Q | Q4'2410-K | Q3'2410-Q |
|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | $137.6M+30.3% | $94.0M+5.6% | $176.9M+1.3% | $175.6M-29.4% | $105.6M-65.7% | $89.0M+143.2% | $174.7M+56.8% | $248.6M+62.9% |
| Stock-Based Compensation | N/A | $5.5M-5.2% | N/A | N/A | N/A | $5.8M+1.8% | N/A | N/A |
| Capital Expenditures | N/A | $48.3M-45.9% | $134.7M+7.4% | $83.2M+39.6% | $86.3M+23.6% | $89.2M+61.3% | $125.4M | $59.6M |
| Free Cash Flow | N/A | $45.7M+22950.0% | $42.2M-14.4% | $92.4M-51.1% | $19.3M-91.9% | -$200K+98.9% | $49.3M | $189.0M |
| Investing Cash Flow | -$30.6M+43.3% | -$36.8M+71.6% | -$29.2M+77.1% | -$53.0M+31.8% | -$54.0M+25.1% | -$129.4M-119.3% | -$127.3M-88.6% | -$77.7M-12.8% |
| Financing Cash Flow | -$87.8M+23.3% | -$99.0M+5.2% | -$98.5M-84.8% | -$89.0M-29.4% | -$114.5M-22.6% | -$104.4M-21.8% | -$53.3M+21.6% | -$68.8M-39.8% |
| Dividends Paid | $11.0M0.0% | $11.0M-2.7% | $11.2M-0.9% | $11.4M0.0% | $11.0M0.0% | $11.3M+1.8% | $11.3M+0.9% | $11.4M0.0% |
| Share Buybacks | $67.0M-28.3% | $52.8M-21.1% | $77.5M+144.5% | $65.4M+38.3% | $93.5M+28.4% | $66.9M+41.4% | $31.7M-32.6% | $47.3M+84.0% |
Not reported in any period shown, so not listed: Depreciation & Amortization.
MATX Financial Ratios
Margins and returns are percentages; the remaining ratios are unitless multiples. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | Q2'2610-Q | Q1'2610-Q | Q4'2510-Q | Q3'2510-Q | Q2'2510-Q | Q1'2510-Q | Q4'2410-K | Q3'2410-Q |
|---|---|---|---|---|---|---|---|---|
| Operating Margin | 16.4%+2.8pp | 8.1%-2.4pp | 16.9%+0.3pp | 18.3%-6.9pp | 13.6%-1.1pp | 10.5%+5.4pp | 16.6%+7.0pp | 25.2%+9.2pp |
| Net Margin | 13.4%+2.0pp | 7.5%-1.8pp | 16.8%+2.4pp | 15.3%-5.4pp | 11.4%-2.0pp | 9.3%+4.3pp | 14.4%+6.5pp | 20.7%+6.2pp |
| Return on Equity | 4.7%+1.0pp | 2.1%-0.7pp | 5.2%+0.4pp | 5.0%-2.8pp | 3.6%-1.1pp | 2.8%+1.2pp | 4.8%+2.2pp | 7.8%+2.8pp |
| Return on Assets | 2.8%+0.6pp | 1.2%-0.4pp | 3.1%+0.3pp | 2.9%-1.6pp | 2.1%-0.5pp | 1.6%+0.7pp | 2.8%+1.3pp | 4.5%+1.7pp |
| Current Ratio | 0.89+0.1x | 0.820.0x | 0.89-0.2x | 0.83-0.3x | 0.78-0.2x | 0.86-0.1x | 1.090.0x | 1.130.0x |
| Debt-to-Equity | 0.110.0x | 0.110.0x | 0.110.0x | 0.120.0x | 0.130.0x | 0.130.0x | 0.130.0x | 0.140.0x |
| Asset Turnover | 0.210.0x | 0.170.0x | 0.180.0x | 0.190.0x | 0.190.0x | 0.170.0x | 0.190.0x | 0.220.0x |
| FCF Margin | N/A | 6.0%+6.1pp | 5.0%-0.6pp | 10.5%-9.2pp | 2.3%-25.8pp | 0.0%+2.6pp | 5.5% | 19.7% |
Not reported in any period shown, so not listed: Gross Margin.
Note: The current ratio is below 1.0 (0.89), indicating current liabilities exceed current assets, which may suggest potential short-term liquidity concerns.
Similar Companies
Newest fiscal year on record for each company. The health score is the peer-relative Financial Health Score for that year; a dash means no score is published for it.
| Company | Fiscal year | Revenue | Net income | Net margin | Market cap | Health score |
|---|---|---|---|---|---|---|
| Matsons, Inc. MATX | FY2025 | $3.3B | $444.8M | 13.3% | $7.0B | 55/100 |
| Hafnia Limited HAFN | FY2025 | $1.4B | $339.7M | 23.9% | $5.4B | 33/100 |
| Kirby Corporation KEX | FY2025 | $3.4B | $354.6M | 10.5% | $7.2B | 52/100 |
| Star Bulk Carriers Corp. SBLK | FY2025 | $1.0B | $84.2M | 8.1% | $3.2B | 64/100 |
| BW LPG Limited BWLP | FY2025 | N/A | $289.7M | N/A | $3.7B | — |
| ZIM Integrated Shipping Services Ltd. ZIM | FY2025 | $6.9B | $481.5M | 7.0% | $3.6B | 25/100 |
Where Matsons, Inc. Ranks
Frequently Asked Questions
What is Matsons, Inc.'s annual revenue?
Matsons, Inc. (MATX) reported $3.3B in total revenue for fiscal year 2025. This represents a -2.3% change compared to the previous fiscal year. Revenue measures the total income earned from the company's primary business operations before any expenses are deducted.
How fast is Matsons, Inc.'s revenue growing?
Matsons, Inc. (MATX) revenue declined by 2.3% year-over-year, from $3.4B to $3.3B in fiscal year 2025.
Is Matsons, Inc. profitable?
Yes, Matsons, Inc. (MATX) reported a net income of $444.8M in fiscal year 2025, with a net profit margin of 13.3%.
What is Matsons, Inc.'s EBITDA?
Matsons, Inc. (MATX) had EBITDA of $660.4M in fiscal year 2025, measuring earnings before interest, taxes, depreciation, and amortization.
How much debt does Matsons, Inc. have?
As of fiscal year 2025, Matsons, Inc. (MATX) had $141.9M in cash and equivalents against $312.1M in long-term debt.
What is Matsons, Inc.'s operating margin?
Matsons, Inc. (MATX) had an operating margin of 14.9% in fiscal year 2025, reflecting the profitability of core business operations before interest and taxes.
What is Matsons, Inc.'s net profit margin?
Matsons, Inc. (MATX) had a net profit margin of 13.3% in fiscal year 2025, representing the share of revenue converted into profit after all expenses.
Does Matsons, Inc. pay dividends?
Yes, Matsons, Inc. (MATX) paid $1.40 per share in dividends during fiscal year 2025.
What is Matsons, Inc.'s return on equity (ROE)?
Matsons, Inc. (MATX) has a return on equity of 16.1% for fiscal year 2025, measuring how efficiently the company generates profit from shareholder equity.
What is Matsons, Inc.'s free cash flow?
Matsons, Inc. (MATX) generated $153.7M in free cash flow during fiscal year 2025. This represents a -66.4% change compared to the previous fiscal year. Free cash flow represents the cash a company generates after accounting for capital expenditures, and is widely used to assess financial flexibility and shareholder value.
What is Matsons, Inc.'s operating cash flow?
Matsons, Inc. (MATX) generated $547.1M in operating cash flow during fiscal year 2025, representing cash generated from core business activities.
What are Matsons, Inc.'s total assets?
Matsons, Inc. (MATX) had $4.6B in total assets as of fiscal year 2025, including both current and long-term assets.
What are Matsons, Inc.'s capital expenditures?
Matsons, Inc. (MATX) invested $393.4M in capital expenditures during fiscal year 2025, funding long-term assets and infrastructure.
What is Matsons, Inc.'s current ratio?
Matsons, Inc. (MATX) had a current ratio of 0.89 as of fiscal year 2025, which is below 1.0, which may suggest potential liquidity concerns.
What is Matsons, Inc.'s debt-to-equity ratio?
Matsons, Inc. (MATX) had a debt-to-equity ratio of 0.11 as of fiscal year 2025, measuring the company's financial leverage by comparing total debt to shareholder equity.
What is Matsons, Inc.'s return on assets (ROA)?
Matsons, Inc. (MATX) had a return on assets of 9.6% for fiscal year 2025, measuring how efficiently the company uses its assets to generate profit.
What is Matsons, Inc.'s P/E ratio?
Matsons, Inc. (MATX) trades at 15.2x earnings, its market capitalization divided by net income of $463.8M net income, trailing 12 months to June 30, 2026. The market capitalization is $7.0B as of Oct 17, 2026; a multiple compares that price with a filed figure and says nothing about the quality of the business.
What is Matsons, Inc.'s price-to-sales ratio?
Matsons, Inc. (MATX) trades at 2.0x sales, its market capitalization divided by revenue of $3.5B revenue, trailing 12 months to June 30, 2026. The market capitalization is $7.0B as of Oct 17, 2026; a multiple compares that price with a filed figure and says nothing about the quality of the business.
What is Matsons, Inc.'s Altman Z-Score?
Matsons, Inc. (MATX) has an Altman Z-Score of 4.05, placing it in the Safe Zone (low bankruptcy risk). The Z-Score combines five financial ratios (working capital, retained earnings, EBIT, market capitalization, and revenue relative to total assets) to predict the likelihood of bankruptcy. Scores above 2.99 indicate financial safety while scores below 1.81 suggest financial distress. Learn more in our complete guide to financial health indicators.
What is Matsons, Inc.'s Piotroski F-Score?
Matsons, Inc. (MATX) has a Piotroski F-Score of 5 out of 8 computable signals; 1 of the nine could not be computed from available data, so the full-scale strength rating is not shown. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7 to 9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.
Are Matsons, Inc.'s earnings high quality?
Matsons, Inc. (MATX) has an earnings quality ratio of 1.23x, considered cash-backed (high quality). This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation. Learn more in our complete guide to financial health indicators.
Can Matsons, Inc. cover its interest payments?
Matsons, Inc. (MATX) has an interest coverage ratio of 73.50x, meaning it can comfortably cover its interest obligations. This ratio divides operating income by interest expense. Ratios above 5x indicate strong debt-servicing ability, while ratios below 2x suggest the company may face difficulty meeting interest payments if earnings decline. Learn more in our complete guide to financial health indicators.
How financially healthy is Matsons, Inc.?
Matsons, Inc. (MATX) scores 55 out of 100 on our Financial Health Score, indicating moderate standing within its operating companies peer group. The score is a 0-100 composite of six dimensions (Profitability, Growth, Leverage, Liquidity, Cash Flow, Returns), each ranked as a percentile relative to companies in the same scoring family (banks against banks, REITs against REITs, and so on) rather than across all industries. It rates the quality of the business, not whether the stock is fairly priced, and is not financial advice. Learn more in our complete guide to financial health indicators.