Founded in 1882, Matson is a leading provider of ocean transportation and logistics services. Matson provides a vital lifeline to the domestic non-contiguous economies of Hawaii, Alaska, and Guam, and to other island economies in Micronesia. Matson also operates two premium, expedited services from China to Long Beach, California, provides service to Okinawa, Japan and various islands in the South Pacific, and operates an international export service from Dutch Harbor to Asia. The Company's fleet of owned and chartered vessels includes containerships, combination container and roll-on/roll-off ships and custom-designed barges. Matson Logistics, established in 1987, extends the geographic reach of Matson's transportation network throughout the continental U.S. Its integrated, asset-light logistics services include rail intermodal, highway brokerage, warehousing, freight consolidation, Asia supply chain services, and forwarding to Alaska.

Company profile
Ticker
MATX
Exchange
Website
CEO
Matthew Cox
Employees
Incorporated
Location
Fiscal year end
Industry (SIC)
Carnival Corp. • Carnival • Royal Caribbean • NCL • Norwegian Cruise Line • Tidewater • Seapeak • Altera Infrastructure • Kirby • Golar Lng ...
Former names
ALEXANDER & BALDWIN INC
SEC CIK
Corporate docs
Subsidiaries
ABHI-Crockett, Inc. • Matson Navigation Company, Inc. • Matson Alaska, Inc. • Horizon Lines Holding Corp. • Horizon Lines of Puerto Rico, LLC • HLPR Holding Corp. • Horizon Logistics, LLC • Horizon Services Group, LLC • Aero Logistics, LLC • Horizon Lines, LLC ...
IRS number
990032630
MATX stock data
Analyst ratings and price targets
Latest filings (excl ownership)
DEFA14A
Additional proxy soliciting materials
13 Mar 23
DEF 14A
Definitive proxy
13 Mar 23
ARS
2022 FY
Annual report to shareholders
1 Mar 23
10-K
2022 FY
Annual report
24 Feb 23
8-K
Results of Operations and Financial Condition
21 Feb 23
8-K
1 Investor Presentation │February 2023 Investor Presentation February 2023
7 Feb 23
8-K
Results of Operations and Financial Condition
18 Jan 23
8-K
1 Investor Presentation │November 2022 Investor Presentation November 2022
15 Nov 22
8-K
1 Investor Presentation │November 2022 Investor Presentation November 2022
8 Nov 22
10-Q
2022 Q3
Quarterly report
3 Nov 22
Transcripts
MATX
Earnings call transcript
2022 Q4
21 Feb 23
MATX
Earnings call transcript
2022 Q3
2 Nov 22
MATX
Earnings call transcript
2022 Q2
2 Aug 22
MATX
Earnings call transcript
2022 Q1
4 May 22
MATX
Earnings call transcript
2021 Q4
18 Feb 22
MATX
Earnings call transcript
2021 Q3
4 Nov 21
MATX
Earnings call transcript
2021 Q2
2 Aug 21
MATX
Earnings call transcript
2021 Q1
28 Apr 21
MATX
Earnings call transcript
2020 Q4
24 Feb 21
MATX
Earnings call transcript
2020 Q3
2 Nov 20
Latest ownership filings
4
MATTHEW J COX
30 Mar 23
144
Notice of proposed sale of securities
30 Mar 23
4
Mark H Fukunaga
17 Mar 23
4
John P Lauer
8 Mar 23
SC 13G/A
FULLER & THALER ASSET MANAGEMENT, INC.
6 Mar 23
4
Rusty K Rolfe
2 Mar 23
4
KEVIN L STUCK
1 Mar 23
SC 13G/A
ArrowMark Colorado Holdings LLC
15 Feb 23
SC 13G/A
FULLER & THALER ASSET MANAGEMENT, INC.
14 Feb 23
SC 13G
DIMENSIONAL FUND ADVISORS LP
10 Feb 23
Financial summary
Quarter (USD) | Dec 22 | Sep 22 | Jun 22 | Mar 22 | |
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Cash on hand | |||||
Change in cash | |||||
Diluted EPS |
Annual (USD) | Dec 22 | Dec 21 | Dec 20 | Dec 19 | |
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Revenue | |||||
Cost of revenue | |||||
Operating income | |||||
Operating margin | |||||
Net income | |||||
Net profit margin | |||||
Cash on hand | |||||
Change in cash | |||||
Diluted EPS |
Cash burn rate (est.) | Burn method: Change in cash | Burn method: Operating income | Burn method: FCF (opex + capex) | Last Q | Avg 4Q | Last Q | Avg 4Q | Last Q | Avg 4Q |
---|---|---|---|---|---|---|
Cash on hand (at last report) | 253.70 mm | 253.70 mm | 253.70 mm | 253.70 mm | 253.70 mm | 253.70 mm |
Cash burn (monthly) | (no burn) | 2.83 mm | (no burn) | (no burn) | (no burn) | (no burn) |
Cash used (since last report) | n/a | 8.55 mm | n/a | n/a | n/a | n/a |
Cash remaining | n/a | 245.15 mm | n/a | n/a | n/a | n/a |
Runway (months of cash) | n/a | 86.5 | n/a | n/a | n/a | n/a |
Institutional ownership, Q4 2022
85.5% owned by funds/institutions
13F holders | Current |
---|---|
Total holders | 293 |
Opened positions | 44 |
Closed positions | 49 |
Increased positions | 90 |
Reduced positions | 125 |
13F shares | Current |
---|---|
Total value | 1.90 tn |
Total shares | 30.83 mm |
Total puts | 78.70 k |
Total calls | 96.30 k |
Total put/call ratio | 0.8 |
Largest owners | Shares | Value |
---|---|---|
BLK Blackrock | 6.59 mm | $412.21 bn |
Vanguard | 4.44 mm | $277.41 bn |
Dimensional Fund Advisors | 2.43 mm | $152.13 bn |
ArrowMark Colorado | 1.43 mm | $89.36 bn |
STT State Street | 1.40 mm | $87.33 bn |
Fuller & Thaler Asset Management | 1.37 mm | $85.88 bn |
Capital Research Global Investors | 1.15 mm | $71.86 bn |
Geode Capital Management | 687.66 k | $43.01 bn |
Acadian Asset Management | 551.60 k | $34.50 bn |
BK Bank Of New York Mellon | 535.82 k | $33.49 bn |
Recent insider trades
Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
---|---|---|---|---|---|---|---|---|---|---|
30 Mar 23 | Cox Matthew J | Common Stock | Sell | Dispose S | No | Yes | 60.4341 | 6,181 | 373.54 k | 280,086 |
16 Mar 23 | Fukunaga Mark H | Common Stock | Buy | Acquire P | No | No | 63.5937 | 1,573 | 100.03 k | 24,297 |
8 Mar 23 | Lauer John P | Common Stock | Sell | Dispose S | No | No | 63.8505 | 13,804 | 881.39 k | 33,200 |
1 Mar 23 | Rusty K Rolfe | Common Stock | Sell | Dispose S | No | No | 67.5648 | 3,000 | 202.69 k | 23,528 |
28 Feb 23 | Stuck Kevin L | Common Stock | Sell | Dispose S | No | No | 67.4796 | 2,760 | 186.24 k | 4,568 |
28 Feb 23 | Rusty K Rolfe | Common Stock | Sell | Dispose S | No | No | 67.2927 | 5,000 | 336.46 k | 26,528 |
News
Stephens & Co. Maintains Equal-Weight on Matson, Lowers Price Target to $70
22 Feb 23
Matson Q4 EPS $2.10 Beats $1.96 Estimate, Sales $801.60M Beat $801.22M Estimate
21 Feb 23
Earnings Scheduled For February 21, 2023
21 Feb 23
A Preview Of Matson's Earnings
20 Feb 23
Matson: Dividend Insights
3 Feb 23
Press releases
MATSON, INC. ANNOUNCES FOURTH QUARTER AND FULL YEAR 2022 RESULTS
21 Feb 23
MATSON TO PARTICIPATE AT STIFEL 2023 TRANSPORTATION & LOGISTICS CONFERENCE
31 Jan 23
MATSON ANNOUNCES QUARTERLY DIVIDEND OF $0.31 PER SHARE
26 Jan 23
MATSON ANNOUNCES PRELIMINARY 4Q22 RESULTS, PROVIDES BUSINESS UPDATE AND ANNOUNCES 4Q22 EARNINGS CALL DATE
18 Jan 23