In Q1 FY2026 (ended March 31, 2026), Matson reported revenue of $757.8 million, down 3.1% year-over-year. Net income was $56.6 million, a decline of 21.7%, while operating income fell 25.2% to $61.4 million. Diluted EPS decreased 15.1% to $1.85. The company held $100.1 million in cash, $2.73 billion in equity, and $351.1 million in long-term debt.
•Revenue decreased 3.1% YoY to $757.8 million.
•Net income fell 21.7% YoY to $56.6 million.
•Operating income dropped 25.2% YoY to $61.4 million.
•Diluted EPS declined 15.1% YoY to $1.85.
Informational summary based on SEC XBRL figures · generated by deepseek-v4-flash. Not investment advice.
Matson provides ocean transportation and logistics services. Its business is organized into two segments, Ocean Transportation and Logistics. The company offers ocean freight transportation services to the domestic non-contiguous economies of Hawaii, Alaska and Guam, and to other island economies in Micronesia
Transports dry containers of mixed commodities, refrigerated commodities, food products, beverages, building materials, automobiles, household goods, livestock, seafood, general sustenance cargo, e-commerce related goods, garments, consumer electronics, footwear, retail merchandise, and merchandise.
It also operates an expedited service from China to Long Beach, California, and various islands in the South Pacific, as well as Okinawa, Japan provides stevedoring, refrigerated cargo, inland transportation, container equipment maintenance, and terminal services on the Hawaiian islands of Oahu, Hawaii, Maui, and Kauai
In the Alaska terminal locations of Anchorage, Kodiak, and Dutch Harbor multimodal transportation brokerage of domestic and international rail intermodal, long-haul and regional highway trucking, specialized hauling, flat-bed and project, less-than-truckload (LCL), and expedited freight services.
Its portfolio also includes LCL consolidation and freight forwarding services, warehousing, trans-loading, value-added packaging and distribution services, and purchase order management, booking services, and non-vessel operating common carrier freight forwarding services.
The company serves the U.S. military, freight forwarders and non-vessel owning common carriers, retailers and consumer goods manufacturers, and customers. Founded in 1882 and headquartered in Honolulu, Hawaii, Matson was formerly known as Alexander & Baldwin Holdings, Inc. before rebranding in June 2012.
Matson, Inc. provides ocean transportation and logistics services. Its business is organized into two segments: Ocean Transportation and Logistics. The Ocean Transportation segment offers ocean freight services to domestic non-contiguous economies such as Hawaii, Alaska, and Guam, as well as to other island economies in Micronesia. It transports a wide variety of cargo including dry containers of mixed commodities, refrigerated goods, food products, beverages, building materials, automobiles, household goods, livestock, seafood, and e-commerce related items. The company also operates an expedited service from China to Long Beach, California, and to various islands in the South Pacific and Okinawa, Japan. The Logistics segment provides multimodal transportation brokerage, warehousing, and freight forwarding services.
Where is Matson, Inc. (MATX) listed and in which currency?
Matson, Inc. is listed on the New York Stock Exchange (NYSE) under the ticker symbol MATX. The company trades in US Dollars (USD), as it is based in the United States. Being listed on the NYSE provides investors with liquidity and access to one of the world's largest stock exchanges. The use of USD as its reporting and trading currency aligns with its primary operations and financial reporting standards.
What sector and industry does Matson, Inc. (MATX) belong to?
Matson, Inc. operates in the Industrials sector and is specifically classified under the Marine Shipping industry. This means the company is primarily involved in the transportation of goods via ocean vessels, which is a critical component of global trade. As a marine shipping company, Matson focuses on providing reliable freight services to various regions, including Hawaii, Alaska, Guam, and other Pacific islands. The Industrials sector encompasses a broad range of companies that produce capital goods or provide services related to transportation, infrastructure, and manufacturing.
Which geographic markets does Matson, Inc. (MATX) serve?
Matson, Inc. serves several key geographic markets, primarily focusing on the domestic non-contiguous economies of Hawaii, Alaska, and Guam. It also provides services to other island economies in Micronesia. Additionally, the company operates an expedited service from China to Long Beach, California, and to various islands in the South Pacific, as well as Okinawa, Japan. On the Hawaiian islands of Oahu, Hawaii, Maui, and Kauai, Matson offers stevedoring, refrigerated cargo, inland transportation, container equipment maintenance, and terminal services. In Alaska, it has terminal locations in Anchorage, Kodiak, and Dutch Harbor. The company also serves the U.S. military and freight forwarders.
How does Matson, Inc. (MATX) generate revenue through its business model?
Matson, Inc. generates revenue through two main segments: Ocean Transportation and Logistics. The Ocean Transportation segment earns revenue by providing ocean freight services to transport a wide range of cargo, including dry containers, refrigerated commodities, food products, building materials, automobiles, and e-commerce goods, to various destinations such as Hawaii, Alaska, Guam, Micronesia, and the South Pacific. It also offers an expedited service from China to Long Beach and other Pacific locations. The Logistics segment generates revenue through multimodal transportation brokerage, which includes domestic and international rail intermodal, long-haul and regional highway trucking, specialized hauling, and less-than-truckload (LCL) services. Additional services include warehousing, trans-loading, value-added packaging, distribution, purchase order management, and non-vessel operating common carrier freight forwarding.