← Research LibraryThe BriefFY2025 10-K · headline figures audited against SEC data
Matson preserved high profit and positive free cash flow through a modest revenue decline, but fleet investment reduced cash conversion.
The read at a glance✓ Audited against SEC data
- Growth — Revenue declined 2.3%Watch
- Profitability — Net income declined 6.6% to $444.8M from $476.4MWatch
- Cash flow — Free cash flow declined 66.4% to $153.7M from $457.7MWatch
- Margins — Operating margin contracted 117 bps to 14.94%Watch
- Accounting — Strong Jones Act economics with heavy investmentNote
- Insiders — 0 purchases and 25 salesWatch
Business
Matson provides ocean transportation and logistics services.
Where the revenue comes from
Fiscal 2025, as Matson, Inc. reports it. History and quarterly detail are in the app.
- Ocean Transportation$2.7B
- Logistics$609.0M
Latest filings
- 10-Q · Quarterly report2026-08-04
- 8-K · Company announcement2026-08-03
- 8-K · Company announcement2026-07-15
- 10-Q · Quarterly report2026-05-05
- 8-K · Company announcement2026-05-04
In the full recordFree for 14 days
- What changed🔒
- Insider signal🔒
- Growth quality🔒
- Margins & accounting🔒
- Capital allocation🔒
- Real risks🔒
- The long arc🔒
- Company history🔒
- The filings, readable — with what changed vs the prior year highlighted🔒
- Full financial statements, industry-aware, sources cited throughout🔒
- Forensic score history & components — the trend, not one year🔒
- Ownership: insider buys/sells, clusters, activist stakes🔒
- Ana — ask about Matson, Inc., every answer cited to the official filings🔒
Every figure comes from the company's filings, and analysis whose figures don't match SEC data is rejected before publication.
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