Matson, Inc. (MATX) Financial Statements (2025 and earlier)

Company Profile

Business Address 1411 SAND ISLAND PARKWAY
HONOLULU, HI 96819
State of Incorp. HI
Fiscal Year End December 31
Industry (SIC) 44 - Water Transportation (benchmarking)
More info Complete Financial Analysis Financial Benchmarking

Balance Sheet (Statement of Financial Position) ($ in thousands)

3/31/2025
Q1
12/31/2024
Q4
9/30/2024
Q3
6/30/2024
Q2
3/31/2024
Q1
12/31/2023
Q4
9/30/2023
Q3
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments266,800270,300168,20025,900134,000156,500
Cash and cash equivalent266,800270,300168,20025,900134,000156,500
Receivables268,900311,100308,000302,800279,400305,200
Prepaid expense19,10014,80015,80016,90019,30016,900
Other current assets12,80010,9008,60018,40019,6007,700
Other undisclosed current assets42,00044,70045,600148,000150,000149,500
Total current assets:609,600651,800546,200512,000602,300635,800
Noncurrent Assets
Operating lease, right-of-use asset357,700252,700247,700274,900289,600306,200
Property, plant and equipment2,260,9002,190,6002,151,2002,115,7002,089,9002,058,500
Long-term investments and receivables84,10093,30086,40085,20085,50081,400
Long-term investments84,10093,30086,40085,20085,50081,400
Intangible assets, net (including goodwill)487,200491,800496,900500,300504,200508,600
Goodwill327,800327,800327,800327,800327,800327,800
Intangible assets, net (excluding goodwill)159,400164,000169,100172,500176,400180,800
Deposits noncurrent assets     599,400591,600
Deferred costs73,70060,30062,90057,00057,30056,700
Other noncurrent assets79,60066,30068,70068,00066,40054,000
Other undisclosed noncurrent assets642,600635,400613,900606,800  
Total noncurrent assets:3,985,8003,790,4003,727,7003,707,9003,692,3003,657,000
TOTAL ASSETS:4,595,4004,442,2004,273,9004,219,9004,294,6004,292,800
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities, including:268,500294,100291,300277,500277,900293,800
Accrued liabilities 44,700   39,900 
Other undisclosed accounts payable and accrued liabilities223,800294,100291,300277,500238,000293,800
Deferred revenue 5,500     
Debt79,40079,40079,40079,40079,40079,400
Self insurance reserve 27,200   17,500 
Other liabilities 5,100   12,600 
Other undisclosed current liabilities174,700204,200213,800173,600174,900197,400
Total current liabilities:560,400577,700584,500530,500562,300570,600
Noncurrent Liabilities
Long-term debt and lease obligation, including:350,800370,900381,000379,400389,300398,700
Long-term debt, excluding current maturities350,800360,200370,000379,400389,300398,700
Other undisclosed long-term debt and lease obligation  10,70011,000   
Liabilities, other than long-term debt1,032,200947,600920,900936,200942,300933,200
Deferred income tax liabilities693,400692,600679,900674,800669,300639,300
Other liabilities109,300104,500110,500112,500113,700107,800
Operating lease, liability229,500150,500130,500148,900159,300186,100
Other undisclosed noncurrent liabilities  (10,700)(11,000)   
Total noncurrent liabilities:1,383,0001,307,8001,290,9001,315,6001,331,6001,331,900
Total liabilities:1,943,4001,885,5001,875,4001,846,1001,893,9001,902,500
Equity
Equity, attributable to parent2,652,0002,556,7002,398,5002,373,8002,400,7002,390,300
Common stock24,70024,90025,20025,60025,80026,200
Additional paid in capital296,700290,500284,700280,200293,400289,100
Accumulated other comprehensive loss(6,500)(10,000)(10,200)(9,800)(8,200)(9,300)
Retained earnings2,337,1002,251,3002,098,8002,077,8002,089,7002,084,300
Total equity:2,652,0002,556,7002,398,5002,373,8002,400,7002,390,300
TOTAL LIABILITIES AND EQUITY:4,595,4004,442,2004,273,9004,219,9004,294,6004,292,800

Income Statement (P&L) ($ in thousands)

3/31/2025
Q1
12/31/2024
Q4
9/30/2024
Q3
6/30/2024
Q2
3/31/2024
Q1
12/31/2023
Q4
9/30/2023
Q3
Revenues890,300962,000847,400722,100788,900827,500
Cost of revenue(975,300)   1,900 
Cost of product and service sold      
Gross profit:(85,000)962,000847,400722,100790,800827,500
Operating expenses(429,700)(726,600)(724,000)(685,600)(717,700)(696,700)
Other undisclosed operating income662,2006,9001,2004002,2001,300
Operating income:147,500242,300124,60036,90075,300132,100
Nonoperating income12,10012,30020,60010,60011,40010,500
Investment income, nonoperating10,30010,40018,8008,8009,8009,300
Other nonoperating income1,8001,9001,8001,8001,6001,200
Interest and debt expense   (2,200)(2,400)(2,400)
Other undisclosed loss from continuing operations before equity method investments, income taxes (7,500)     
Income from continuing operations before equity method investments, income taxes:152,100254,600145,20045,30084,300140,200
Income (loss) from equity method investments (8,500)6,9001,200   
Other undisclosed income (loss) from continuing operations before income taxes 14,600(8,700)(3,300)   
Income from continuing operations before income taxes:158,200252,800143,10045,30084,300140,200
Income tax expense(30,200)(53,700)(29,900)(9,200)(21,900)(20,300)
Net income available to common stockholders, diluted:128,000199,100113,20036,10062,400119,900

Comprehensive Income ($ in thousands)

3/31/2025
Q1
12/31/2024
Q4
9/30/2024
Q3
6/30/2024
Q2
3/31/2024
Q1
12/31/2023
Q4
9/30/2023
Q3
Net income:128,000199,100113,20036,10062,400119,900
Comprehensive income:128,000199,100113,20036,10062,400119,900
Other undisclosed comprehensive income (loss), net of tax, attributable to parent3,500200(400)(1,600)1,100(1,400)
Comprehensive income, net of tax, attributable to parent:131,500199,300112,80034,50063,500118,500

Statements Sources

The financial statements are based on the Company's filings with the U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.

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