OverviewSuggest Edit

Matson is a provider of ocean transportation and logistics services. The company consists of two segments: Ocean Transportation and Logistics. The Ocean Transportation business segment offers ocean freight transportation services and container stevedoring, refrigerated cargo services, inland transportation, and other terminal services. The Logistics business segment provides customers with a variety of logistics including multimodal transportation brokerage of domestic and international rail intermodal services, long-haul and regional highway trucking services, specialized hauling, flat-bed and project services, less-than-truckload services, and expedited freight services; less-than-container load (LCL) consolidation and freight forwarding services; warehousing and distribution services; and supply chain management, non-vessel operating common carrier (NVOCC) freight forwarding, and other services.

TypePublic
Founded1882
HQHonolulu, HI, US
Websitematson.com
Employee Ratings3.5
Overall CultureD

Latest Updates

Employees (est.) (Dec 2019)1,988
Job Openings27
Revenue (FY, 2020)$2.4 B(+9%)
Share Price (May 2021)$66.4(-1%)

Key People/Management at Matson

Matthew J. Cox

Matthew J. Cox

Chairman and Chief Executive Officer
Ronald J. Forest

Ronald J. Forest

President
Greg Chu

Greg Chu

General Manager, South Pacific
Vic S. Angoco

Vic S. Angoco

Senior Vice President, Pacific
Peter T. Heilmann

Peter T. Heilmann

Senior Vice President, Chief Administrative Officer and General Counsel
John P. Lauer

John P. Lauer

Senior Vice President and Chief Commercial Officer
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Matson Office Locations

Matson has offices in Honolulu, Oakland, Phoenix, Ningbo Shi and in 5 other locations
Honolulu, HI, US (HQ)
1411 Sand Island Parkway
Oakland, CA, US
555 City Center, 555 12th St
Phoenix, AZ, US
426 N 44th St 2nd floor
Ningbo Shi, CN
42 Yaohang St, Haishu Qu
Shanghai, CN
Suite 710 , Ocean Towers , 550 Yan An Road (E)
Shenzhen Shi, CN
1005A, Building 5, MIC International Plaza, West of Nanhai Ave, Nanshan District
Show all (9)

Matson Financials and Metrics

Matson Revenue

Matson's revenue was reported to be $2.38 b in FY, 2020
USD

Revenue (Q1, 2021)

711.8m

Net income (Q1, 2021)

87.2m

EBIT (Q1, 2021)

120.2m

Market capitalization (7-May-2021)

2.9b

Closing stock price (7-May-2021)

66.4

Cash (31-Mar-2021)

11.8m

EV

3.8b
Matson's current market capitalization is $2.9 b.
Annual
USDFY, 2017FY, 2018FY, 2019FY, 2020

Revenue

2.0b2.2b2.2b2.4b

Revenue growth, %

5%9%(1%)

Cost of goods sold

1.7b187.5m1.9b

Gross profit

329.7m2.0b325.1m
Quarterly
USDQ1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020Q1, 2021

Revenue

511.4m557.1m589.4m532.4m557.9m572.1m513.9m524.1m645.2m711.8m

Cost of goods sold

439.3m465.9m485.5m467.1m472.8m472.6m448.3m426.3m

Gross profit

72.1m91.2m103.9m65.3m85.1m99.5m65.6m97.8m

Gross profit Margin, %

14%16%18%12%15%17%13%19%
Annual
USDFY, 2010FY, 2011FY, 2012FY, 2013FY, 2014FY, 2015FY, 2016FY, 2017FY, 2018FY, 2019FY, 2020

Cash

14.0m22.0m19.9m114.5m293.4m25.5m13.9m19.8m19.6m21.2m14.4m

Accounts Receivable

165.0m173.0m174.7m182.3m197.6m214.3m189.5m194.6m223.7m205.9m253.4m

Prepaid Expenses

32.0m28.6m43.0m20.5m38.1m51.6m75.1m62.5m38.1m

Inventories

35.0m40.0m4.3m
Annual
USDFY, 2010FY, 2011FY, 2012FY, 2013FY, 2014FY, 2015FY, 2016FY, 2017FY, 2018FY, 2019FY, 2020

Net Income

92.0m34.0m45.9m53.7m70.8m103.0m80.5m232.0m109.0m82.7m193.1m

Depreciation and Amortization

107.0m109.0m72.5m69.7m69.7m87.8m97.1m101.2m105.6m111.5m114.9m

Inventories

(6.0m)(6.0m)

Accounts Payable

9.0m14.0m(7.9m)2.2m13.5m(9.4m)500.0k20.4m71.2m(13.9m)44.8m
Quarterly
USDQ2, 2010Q3, 2010Q1, 2011Q2, 2011Q3, 2011Q1, 2012Q2, 2012Q3, 2012Q1, 2013Q2, 2013Q3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020Q1, 2021

Net Income

46.2m71.9m5.2m23.9m32.6m3.8m11.2m30.3m9.1m29.2m46.4m3.4m21.5m43.0m25.0m34.9m76.4m18.1m36.1m61.1m7.0m31.0m14.2m46.8m88.4m12.5m30.9m3.8m36.6m107.5m87.2m

Depreciation and Amortization

52.0m79.0m27.0m53.0m81.0m27.0m37.2m56.0m17.5m35.0m52.1m17.5m35.2m52.5m16.8m35.6m59.1m23.8m47.6m71.8m24.6m49.7m74.3m23.6m47.6m70.8m23.3m47.5m73.4m55.6m84.5m34.5m

Inventories

(700.0k)

Accounts Payable

(1.9m)17.3m4.8m4.7m7.0m5.8m7.4m(1.9m)(2.1m)(9.9m)11.2m10.7m(13.3m)(9.4m)14.5m(11.0m)18.4m24.8m(20.4m)(29.6m)(11.7m)38.9m5.6m
USDQ2, 2010

Debt/Equity

0.5 x

Debt/Assets

0.2 x

Financial Leverage

2.2 x
Show all financial metrics

Matson Operating Metrics

FY, 2017FY, 2018FY, 2019

Barges Owned

222

Diesel-Powered Vessels Chartered

354

Diesel-Powered Vessels Owned

131415

Terminals

666
Show all operating metrics

Matson Revenue Breakdown

Embed Graph

Matson revenue breakdown by business segment: 75.6% from Ocean Transportation and 24.4% from Logistics

Matson Environment, Social & Governance (ESG) Ratings

CSRHub ESG ratingPremium dataset

50-59

out of 100

CSRHub logo

Matson Online and Social Media Presence

Embed Graph

Matson Company Culture

  • Overall Culture

    D

    56/100

  • CEO Rating

    D-

    56/100

  • Compensation

    C-

    60/100

Learn more on Comparably

Matson Blogs

Matson, Inc. Announces First Quarter 2021 Results

- 1Q21 EPS of $1.99 vs. $0.09 in 1Q20 - 1Q21 Net Income of $87.2 million vs. $3.8 million in 1Q20 - 1Q21 EBITDA of $160.5 million vs. $46.5 million in 1Q20 - Year-over-year increase in consolidated operating income driven primarily by China service strength HONOLULU , April 27, 2021 /PRNewswire/ --

Matson Announces Preliminary 1Q21 Results, Provides Business Update And Announces 1Q21 Earnings Call Date

-- Expects 1Q21 operating income for Ocean Transportation to be $110.0 to $115.0 million vs. $7.9 million in 1Q20 -- Expects 1Q21 operating income for Logistics to be approximately $6.0 million vs. $5.1 million in 1Q20 -- Expects 1Q21 net income and diluted EPS to be $80.0 to $85.0 million and

Capt. John W. Sullivan

Capt. John W. Sullivan pamleonardo Thu, 03/18/2021 - 14:07 Capt. Jack W. Sullivan Senior Vice President, Vessel Operations and Engineering Capt. John “Jack” Sullivan was promoted to senior vice president, vessel operations and engineeri…

Chris Scott

Chris Scott pamleonardo Thu, 03/18/2021 - 14:06 Chris A. Scott Senior Vice President, Transpacific Services Chris Scott was promoted to senior vice president, transpacific services at Matson Navigation Company, Inc. and named senior vi…

Grace Cerocke

Grace Cerocke pamleonardo Thu, 03/18/2021 - 13:50 Grace M. Cerocke Senior Vice President, Finance Grace Cerocke was promoted to senior vice president, finance at Matson Logistics, Inc. and named senior vice president of parent company M…

Matson, Inc. Announces Fourth Quarter And Full Year 2020 Results

- 4Q20 EPS of $1.96 - Full Year 2020 EPS of $4.44 - Full Year 2020 Net Income and EBITDA of $193.1 million and $423.7 million, respectively - Year-over-year increase in 4Q20 and Full Year 2020 consolidated operating income driven primarily by China service strength - Leverage ratio per debt
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Matson Frequently Asked Questions

  • When was Matson founded?

    Matson was founded in 1882.

  • Who are Matson key executives?

    Matson's key executives are Matthew J. Cox, Ronald J. Forest and Greg Chu.

  • How many employees does Matson have?

    Matson has 1,988 employees.

  • What is Matson revenue?

    Latest Matson annual revenue is $2.4 b.

  • What is Matson revenue per employee?

    Latest Matson revenue per employee is $1.2 m.

  • Who are Matson competitors?

    Competitors of Matson include Puget Sound Pilots, Sealand and Milaha.

  • Where is Matson headquarters?

    Matson headquarters is located at 1411 Sand Island Parkway, Honolulu.

  • Where are Matson offices?

    Matson has offices in Honolulu, Oakland, Phoenix, Ningbo Shi and in 5 other locations.

  • How many offices does Matson have?

    Matson has 9 offices.