Matson, Inc. (MATX) financial statements (2022 and earlier)
Company profile
| Business Address |
1411 SAND ISLAND PARKWAY HONOLULU, HI 96819 |
| State of Incorp. | HI |
| Fiscal Year End | December 31 |
| SIC | 44 - Water Transportation (benchmarking) |
| More info | Complete financial analysis Financial benchmarking |
Balance sheet (Statement of financial position) ($ in millions)
| 12/31/2021 Q4 | 9/30/2021 Q3 | 6/30/2021 Q2 | 3/31/2021 Q1 | 12/31/2020 Q4 | 9/30/2020 Q3 | 6/30/2020 Q2 | |||
|---|---|---|---|---|---|---|---|---|---|
| ASSETS | |||||||||
| Current Assets | |||||||||
| Cash, cash equivalents, and short-term investments | 282 | 76 | 17 | 12 | 14 | 13 | 20 | ||
| Cash and cash equivalents | 282 | 76 | 17 | 12 | 14 | 13 | 20 | ||
| Receivables | 344 | 329 | 314 | 261 | 253 | 234 | 215 | ||
| Prepaid expense | 10 | 8 | |||||||
| Other current assets | 17 | 9 | |||||||
| Other undisclosed current assets | 51 | 77 | 72 | 41 | 22 | 43 | 39 | ||
| Total current assets: | 705 | 482 | 403 | 314 | 306 | 290 | 274 | ||
| Noncurrent Assets | |||||||||
| Operating lease, right-of-use asset | 435 | 264 | 257 | 279 | 251 | 244 | 242 | ||
| Property, plant and equipment | 1,878 | 1,827 | 1,716 | 1,684 | 1,690 | 1,615 | 1,578 | ||
| Long-term investments and receivables | 59 | 37 | 50 | 48 | 49 | 55 | 78 | ||
| Long-term investments | 59 | 37 | 50 | 48 | 49 | 55 | 78 | ||
| Intangible assets, net (including goodwill) | 509 | 512 | 514 | 517 | 520 | 523 | 525 | ||
| Goodwill | 328 | 328 | 328 | 328 | 328 | 328 | 328 | ||
| Intangible assets, net (excluding goodwill) | 181 | 184 | 187 | 189 | 192 | 195 | 198 | ||
| Deferred costs | 69 | 63 | 58 | 54 | 52 | 50 | 52 | ||
| Other noncurrent assets | 39 | 38 | 38 | 35 | 33 | 31 | 29 | ||
| Total noncurrent assets: | 2,989 | 2,741 | 2,634 | 2,616 | 2,595 | 2,517 | 2,504 | ||
| TOTAL ASSETS: | 3,693 | 3,223 | 3,036 | 2,930 | 2,901 | 2,807 | 2,778 | ||
| LIABILITIES AND EQUITY | |||||||||
| Liabilities | |||||||||
| Current Liabilities | |||||||||
| Accounts payable and accrued liabilities, including: | 308 | 299 | 280 | 260 | 283 | 245 | 247 | ||
| Employee-related liabilities | 36 | 29 | |||||||
| Taxes payable | 3 | 12 | |||||||
| Interest and dividends payable | 3 | ||||||||
| Other undisclosed accounts payable and accrued liabilities | 270 | 299 | 280 | 260 | 239 | 245 | 247 | ||
| Deferred revenue | 4 | ||||||||
| Debt | 130 | 130 | 130 | 118 | 118 | 107 | 101 | ||
| Self insurance reserve | 9 | 7 | |||||||
| Other liabilities | 17 | 2 | |||||||
| Other undisclosed current liabilities | 148 | 118 | 123 | 141 | 97 | 101 | 101 | ||
| Total current liabilities: | 612 | 547 | 532 | 519 | 512 | 454 | 450 | ||
| Noncurrent Liabilities | |||||||||
| Long-term debt and lease obligation, including: | 564 | 582 | 597 | 640 | 701 | 770 | 840 | ||
| Long-term debt, excluding current maturities | 550 | 568 | 582 | 624 | 686 | 755 | 824 | ||
| Operating lease, liability | 307 | 186 | 183 | 198 | 187 | 188 | 187 | ||
| Other undisclosed long-term debt and lease obligation | (293) | (171) | (168) | (182) | (172) | (173) | (171) | ||
| Liabilities, other than long-term debt | 556 | 577 | 567 | 560 | 555 | 519 | 503 | ||
| Deferred income tax liabilities | 425 | 420 | 405 | 396 | 390 | 371 | 349 | ||
| Other liabilities | 131 | 157 | 162 | 164 | 166 | 148 | 154 | ||
| Other undisclosed noncurrent liabilities | 293 | 171 | 168 | 182 | 172 | 173 | 171 | ||
| Total noncurrent liabilities: | 1,413 | 1,331 | 1,331 | 1,382 | 1,428 | 1,461 | 1,513 | ||
| Total liabilities: | 2,026 | 1,878 | 1,863 | 1,901 | 1,939 | 1,915 | 1,962 | ||
| Stockholders' equity | |||||||||
| Stockholders' equity attributable to parent | 1,667 | 1,345 | 1,173 | 1,029 | 961 | 892 | 816 | ||
| Common stock | 31 | 32 | 33 | 33 | 32 | 32 | 32 | ||
| Additional paid in capital | 314 | 314 | 317 | 312 | 322 | 313 | 307 | ||
| Accumulated other comprehensive loss | (31) | (51) | (51) | (51) | (51) | (38) | (37) | ||
| Retained earnings | 1,354 | 1,050 | 874 | 735 | 658 | 585 | 514 | ||
| Total stockholders' equity: | 1,667 | 1,345 | 1,173 | 1,029 | 961 | 892 | 816 | ||
| TOTAL LIABILITIES AND EQUITY: | 3,693 | 3,223 | 3,036 | 2,930 | 2,901 | 2,807 | 2,778 | ||
Income statement (P&L) ($ in millions)
| 12/31/2021 Q4 | 9/30/2021 Q3 | 6/30/2021 Q2 | 3/31/2021 Q1 | 12/31/2020 Q4 | 9/30/2020 Q3 | 6/30/2020 Q2 | ||
|---|---|---|---|---|---|---|---|---|
| Revenues | 1,267 | 1,072 | 875 | 712 | 700 | 645 | 524 | |
| Gross profit: | 1,267 | 1,072 | 875 | 712 | 700 | 645 | 524 | |
| Operating expenses | (813) | (707) | (674) | (601) | (593) | (555) | (477) | |
| Other undisclosed operating income | 21 | 13 | 13 | 9 | 11 | 8 | 4 | |
| Operating income: | 476 | 378 | 214 | 120 | 118 | 98 | 51 | |
| Nonoperating income (Other Nonoperating income) | 2 | 2 | 2 | 1 | 2 | 2 | 2 | |
| Interest and debt expense | (5) | (5) | (6) | (7) | (5) | (6) | (8) | |
| Income from continuing operations before income taxes: | 473 | 375 | 210 | 114 | 114 | 95 | 45 | |
| Income tax expense | (78) | (91) | (47) | (27) | (29) | (24) | (12) | |
| Net income available to common stockholders, diluted: | 395 | 283 | 163 | 87 | 86 | 71 | 33 | |
Comprehensive Income ($ in millions)
| 12/31/2021 Q4 | 9/30/2021 Q3 | 6/30/2021 Q2 | 3/31/2021 Q1 | 12/31/2020 Q4 | 9/30/2020 Q3 | 6/30/2020 Q2 | ||
|---|---|---|---|---|---|---|---|---|
| Net income: | 395 | 283 | 163 | 87 | 86 | 71 | 33 | |
| Comprehensive income: | 395 | 283 | 163 | 87 | 86 | 71 | 33 | |
| Other undisclosed comprehensive income (loss), net of tax, attributable to parent | 20 | (0) | 0 | (0) | (13) | (1) | 0 | |
| Comprehensive income, net of tax, attributable to parent: | 415 | 283 | 163 | 87 | 73 | 70 | 33 | |
Statements sources
The financial statements are based on the company's filings with the 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.