MATSON INC (MATX)
Industrials · Ocean shipping and maritime logistics · NYSE
Matson is the dominant ocean freight and logistics provider connecting the U.S. mainland to Hawaii, Alaska, Guam, and Asia-Pacific, with integrated container shipping and multimodal supply chain services.
What MATSON INC does
Matson is a leading ocean transportation and logistics provider serving Hawaii, Alaska, Guam, and other Pacific island economies, as well as Asia-Pacific routes. The company operates two segments: Ocean Transportation (conducted through Matson Navigation Company), which provides container and break-bulk shipping services including Hawaii, Alaska, China, Guam, Japan, and South Pacific routes; and Logistics (through Matson Logistics), which provides multimodal transportation brokerage, freight forwarding, warehousing, and supply chain management services throughout North America and Asia.
Themes: ["Pacific island shipping / Hawaii logistics","Ocean freight transportation","Asia-U.S. trade routes","Multimodal logistics","Terminal and stevedoring services","Supply chain management"]
Fundamentals
- Price$206.03 as of 2026-07-09 close
- Market cap$6.2B as of 2026-07-10
- 1-year return+83.7% as of 2026-07-09 close
- P/E14.40 as of 2026-07-10
- Net margin+12.9% as of 2026-07-10
- Gross margin+22.4% as of 2026-07-10
- ROE+15.9% as of 2026-07-10
- Debt / equity0.13 as of 2026-07-10
- Revenue growth (YoY)-4.6% as of 2026-07-10
- Revenue CAGR (3y)-8.3% SEC XBRL
- Beta1.27 as of 2026-07-10
Dividend: yield +0.7%; 5-year non-decreasing per-share dividend streak (SEC XBRL).
Key risks (from latest filing)
["Revenue decline of 4.64% YoY and operating income pressure, with Q1 2026 operating income of $61.4M down from $82.1M in Q1 2025, reflecting softer demand in ocean transportation services","Capital-intensive business model requiring significant vessel construction and maintenance expenditures; Q1 2026 vessel construction spending was $18.0M with total property and equipment of $2.5B on the balance sheet","Dependence on Pacific island economies (Hawaii, Alaska, Guam) and Asia-Pacific trade flows, exposing the company to economic cycles and geopolitical disruptions in those regions"]
Competitors & peers
- Seatrade
- Horizon Offshore
- Crowley Maritime
- J.B. Hunt Transport Services
- Universal Truckload Services
- Forward Air Corporation
Fundamentals: Finnhub, as of 2026-07-10. Filings: SEC EDGAR. Prices are delayed daily-close data.
Last updated 2026-07-09.
Informational only — NOT financial advice. All figures are delayed daily-close data from SEC EDGAR & Finnhub, shown with their as-of date.