MATX

Matson, Inc.

Fundamental data last updated:August 20, 2026

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company profile

SECTOR

Industrials

industry

Marine Shipping

Exchange

NYSE

County of HQ

US

Next Earnings Date

Pending Announcement

Business Summary

Matson, Inc., together with its subsidiaries, provides ocean transportation and logistics services. The company's Ocean Transportation segment offers ocean freight transportation services to the domestic non-contiguous economies of Hawaii, Alaska, and Guam, as well as to other island economies in Micronesia. It primarily transports dry containers of mixed commodities, refrigerated commodities, packaged foods and beverages, building materials, automobiles, and household goods; livestock; seafood; general sustenance cargo; and garments, footwear, e-commerce, and other retail merchandise. This segment also operates an expedited service from China to Long Beach, California, and various islands in the South Pacific, as well as Okinawa, Japan; and provides container stevedoring, refrigerated cargo services, inland transportation, container equipment maintenance, and other terminal services to ocean carriers on the Hawaiian islands of Oahu, Hawaii, Maui, and Kauai, as well as in the Alaska locations of Anchorage, Kodiak, and Dutch Harbor. In addition, the company offers vessel management and container transshipment services. Its Logistics segment provides multimodal transportation brokerage services, including domestic and international rail intermodal, long-haul and regional highway trucking, specialized hauling, flat-bed and project, less-than-truckload, and expedited freight services; less-than-container load consolidation and freight forwarding services; warehousing and distribution services; supply chain management services, and non-vessel operating common carrier freight forwarding services. The company serves the U.S. military, freight forwarders, retailers, consumer goods, automobile manufacturers, and other customers. The company was formerly known as Alexander & Baldwin Holdings, Inc. and changed its name to Matson, Inc. in June 2012. Matson, Inc. was founded in 1882 and is headquartered in Honolulu, Hawaii.

 


VALUATION

P/E

12.80

Market Cap ($M USD)

$5.47B

Forward P/E

13.20

PEG

-4.32

PRICE TO SALES

1.65

PRICE TO BOOK

2.01

EV / EBITDA

7.75

5-Year Average P/E

Free Cash Flow Yield

7.65%

DCF Value

$164.64

Graham Number

$168.88

Price to FCF

13.07

EV to FCF

14.49

Earnings Yield

7.81%

FCF Yield

7.65%

DIVIDEND

Yield

0.80%

Annual Payout

$1.44

Payout Ratio

10.39%

Consecutive Years of Dividend Growth

5-Year Dividend Growth Rate

Financial Health & Profitability

Earnings Per Share

$14.12

Next Year EPS Growth Estimate

$13.68

Next Year Revenue Growth Estimate

$3.03B

Return on Equity (ROE)

15.90%

FREE CASH FLOW

Operating Margin

13.50%

Debt-to-Equity

0.26

Piotroski F-Score

6

Altman Z-Score

3.60

Return on Invested Capital (ROIC)

11.06%

Current Ratio

0.82

Quick Ratio

0.82

Net Debt to EBITDA

0.76

Interest Coverage

66.90

Gross Profit margin

22.42%

FCF PER SHARE

$13.76

REVENUE PER SHARE

$109.22

Gainseekers Quantitative Analysis

Summary

The market seems to be pricing Matson, Inc. with a level of optimism that may not be fully justified. Recent pricing indicated it traded above its DCF value and Graham Number, suggesting potential overvaluation. The Forward P/E of 13.35 and an Earnings Yield of 7.73% reflect moderate growth expectations, while the Altman Z-score of 3.61 indicates financial stability. However, the PEG ratio of -4.37 raises questions about future growth prospects. Overall, the stock appears to be priced for perfection, with limited room for error.

AI Exposure / Tech Reliance

Operating in the Marine Shipping industry, Matson, Inc. is not directly exposed to AI-driven disruptions. However, the company can leverage modern tech to optimize logistics and improve operational efficiency. Its ability to integrate technology into shipping processes will be crucial for maintaining competitiveness.

The Bull Case

For value investors, Matson presents an intriguing opportunity. With a robust ROIC of 11.06% and a solid FCF Yield of 7.57%, the company demonstrates efficient capital allocation and cash generation. The Piotroski F-Score of 6 suggests decent financial health, while an operating margin of 13.5% indicates strong pricing power. These metrics paint a picture of a company capable of delivering shareholder value through disciplined management and operational excellence.

The Bear Case

Despite its strengths, Matson faces significant structural risks. The Price/Book ratio of 2.03 and Price/Sales of 1.67 suggest the stock may be overvalued relative to its assets and revenue. Additionally, trading close to its 52-week high, it appears technically overextended. The low current and quick ratios of 0.82 highlight potential liquidity concerns, which could be problematic if market conditions shift.

Market Sentiment & Smart Money

Short Interest %

Analyst Consensus

Buy

Average Analyst Price Target

$190.00

Institutional Ownership %

1-Year Beta

1.30

Insider Buying % (6 Mo)

Distance to 52-Week High

5.18%

Distance to 52-Week Low

51.86%

EARNINGS SURPRISE %

12.12%

50-DAY SMA

$173.16

200-DAY SMA

$135.38

⚠️ Financial Disclaimer:
This content is for informational purposes only and is not financial advice. Information may be delayed or inaccurate. We may earn a commission from partner links.