profit from every $100 of sales.
$0$100
Matson
$212.03+2.43% today
+95.5% in 1 year
1-year low $102.051-year high $238.60
Trading in the middle of its range for the past year.
The essentials
Four questions every investor asks, answered in one line each.
more sales each year, on average, 2020 to 2025.
0%20% a year
You pay $14.13 for every $1 of profit it makes in a year.
CheapExpensive
of earnings would pay off all its debt.
No debt5 years
Money in, money out
What Matson sold, what it kept, and what it did with the cash.
Sales went from $4.34 billion in 2022 to $3.34 billion in 2025, with $445 million of profit last year.
SalesProfit
Matson handed back more cash to shareholders than it generated last year.
Buybacks $303M
Free cash flow 2025$154M
Bought back its own shares$303M
Paid as dividends$45M
Cash vs. debt$142M vs. $727M
Matson vs. similar companies
Matson grows in the middle of these 5 and is priced in the middle for its profits.
| Company | Profit from $100 of sales | Sales growth a year | Price per $1 of profit |
|---|---|---|---|
| Matson | 14.1× · Cheap | ||
 Adani Ports and Special Economic Zone | 34.3× · Expensive | ||
 A.P. Møller - Mærsk | 15.3× · Fair price | ||
 Cosco Shipping | 7.2× · Cheap | ||
 Hapag-Lloyd | 25.2× · Fair price |
AI analysis
An AI analyst reads Matson's last five years, its segments, earnings, insiders and peers, and writes the bull case, the bear case and what the price expects.
Run the AI analysisFull statementsIncome, balance sheet and cash flow, year by year
Income statement
| In millions of USD | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|
| 2,383 | 3,925 | 4,343 | 3,095 | 3,422 | 3,345 | |
| – | – | 1,532 | 624 | 856 | 761 | |
| – | – | 1,271 | 341 | 552 | 467 | |
| – | – | 1,663 | 669 | 894 | 841 | |
| 193 | 927 | 1,064 | 297 | 476 | 445 | |
| 4.44 | 21.47 | 27.07 | 8.32 | 13.93 | 13.81 | |
| – | – | 35.3% | 20.2% | 25.0% | 22.8% | |
| – | – | 29.3% | 11.0% | 16.1% | 14.0% | |
| 8.1% | 23.6% | 24.5% | 9.6% | 13.9% | 13.3% |
Balance sheet
| In millions of USD | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|
| Total assets | 2,901 | 3,693 | 4,330 | 4,295 | 4,595 | 4,636 |
| Cash | 14 | 282 | 250 | 134 | 267 | 142 |
| Total debt | – | – | 911 | 725 | 749 | 727 |
| Total liabilities | – | – | 2,033 | 1,894 | 1,943 | 1,877 |
| 961 | 1,667 | 2,297 | 2,401 | 2,652 | 2,759 | |
| 44 | 43 | 39 | 36 | 34 | 32 | |
| 23.5% | 56.6% | 33.7% | 9.7% | 14.1% | 12.3% | |
| 20.1% | 55.6% | 46.3% | 12.4% | 18.0% | 16.1% |
Cash flow
| In millions of USD | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|
| 430 | 984 | 1,272 | 511 | 768 | 547 | |
| – | – | 209 | 248 | 310 | 393 | |
| – | – | 1,063 | 262 | 458 | 154 | |
| Dividends paid | 39 | 46 | 48 | 45 | 45 | 45 |
| – | 198 | 397 | 155 | 199 | 303 | |
| 19 | 19 | 18 | 24 | 27 | 23 |
Valuation
- 14.1×
- 15.8×
- 0.55
- 2.0×
- 1.9×
- 40.9×
- 8.2×
- 2.4%
- 7.1%
- 0.8%
Profitability
- 22.8%
- 14.0%
- 13.3%
- 23.6%
- 8.9%
- 20.7%
- 15.9%
- 9.4%
- 11.1%
- –
Growth
- +7.0%
- +25.5%
- −66.4%
- +9.2%
- −7.9%
Financial health
- 0.8×
- 0.26
- 15.2%
- 66.9×
- 0.82
- 0.82
- 0.72
How it ranks in Industrials
Each dot is where the company stands among every company over $300M in the sector. Further right is better.
Top 39%of 982
Top 25%of 988
Top 22%of 870
Top 49%of 985
Bottom 39%of 988
What analysts expect
- Average price target
- $190.00
- Range
- $167.00 – $213.00
These targets were collected on May 20, 2026 and our analyst feed has not updated since, so we no longer compare them with today's price.
Recent earnings
Our results feed has not updated since May 21, 2026. Results reported after that are not in this table yet.
| Date | EPS | Expected | Surprise |
|---|---|---|---|
| May 4, 2026 | 1.85 | 1.65 | +12.1% |
| Feb 24, 2026 | 4.60 | 3.69 | +24.7% |
| Nov 4, 2025 | 4.24 | 3.25 | +30.5% |
| Jul 31, 2025 | 2.92 | 2.18 | +33.9% |
| May 5, 2025 | 2.18 | 2.34 | −6.8% |
| Feb 25, 2025 | 3.80 | 3.20 | +18.7% |
| Oct 30, 2024 | 5.89 | 4.75 | +24.0% |
| Aug 1, 2024 | 3.31 | 3.00 | +10.3% |
0.8%of the share price, paid each year
On $1,000 invested$8a year at today's yield, before tax
+9.2%2020 to 2025
Raised10 yearsin a row, in our data
Paid per share, each year
$0.70 in 2015 → $1.40 in 2025
How safe it looks
10.1% of its profit
Room to growStretchedMore than it earns: 29.2%
News
Matson expects Q4 2026 operating income about 50% higher amid elevated China freight rates into early 2027Seeking Alpha · Nov 5, 2026Insider trades
Our insider feed has not updated since May 26, 2026. Trades filed after that are not listed yet.
No insider trades on file.
The seven classic investing rulebooks
3/7Passes 3 of 7. Each bar is how well the company fits that investor's published rules, from 0 to 100; 60 or more counts as a pass.
Warren Buffett
59No pass
Benjamin Graham
66Pass
Philip Fisher
67Pass
Peter Lynch
82Pass
Joel Greenblatt
43No pass
Charlie Munger
57No pass
Terry Smith
42No pass
Questions about Matson
Is Matson a good stock to buy?
A solid business, and the price looks low. 3 of the 7 famous investors' published rulebooks we apply pass it. Whether it suits you depends on your goals and the price you pay; invest-like never tells anyone to buy or sell. The AI analysis lays out the case for and against. Read the Matson AI analysis
What does Matson do?
Matson, Inc., together with its subsidiaries, provides ocean transportation and logistics services. It is in Marine Shipping, based in Honolulu, HI, United States, with 4,170 employees.
Does Matson pay a dividend?
Yes. At today's price the dividend is 0.8% a year, about 10% of its yearly profit. In 2025 it paid out $44.9 million in dividends.
Is Matson stock halal?
Yes. Matson passes our halal screen: its business is permitted and its debt is 12% of its market value, under the 30% limit. How we check
How has Matson stock done over the past year?
Up 95.5% over the past twelve months, to $212.03. It traded between $102.05 and $238.60 and is 11.1% below its high.
Who are Matson's competitors?
The largest listed companies in the same industry are Adani Ports and Special Economic Zone, A.P. Møller - Mærsk, Cosco Shipping and Hapag-Lloyd. The peers table on this page compares their profit, growth and price with Matson's.
Prices: daily closes to Nov 11, 2026. Fundamentals: company reports via invest-like data.