Matson, Inc. (MATX) Form 8-K — Aug 3, 2026
Matson reported strong second quarter 2026 results with net income increasing to $129.4 million, or $4.27 per diluted share, compared to $94.7 million, or $2.92 per share, in the prior year period. Consolidated revenue rose 17% to $969.4 million, driven by a 14% increase in Ocean Transportation revenue and a 30% jump in Logistics revenue. Operational performance was highlighted by significantly higher demand and freight rates in the China service, which saw container volume increase 15% year-over-year. The company noted momentum from e-commerce and garments against tighter supply conditions, while domestic tradelanes in Hawaii and Alaska saw modest volume declines.
Key figures
- Eps
- 4.27
- Revenue
- 969.4
- Net Income
- 129.4
- Total Debt
- 341.3
- Cash Position
- 119.3
- Ebitda
- 211
- Repurchase Cost
- 67.8
- Dividend Per Share
- 0.38
- Logistics Revenue
- 202
- Shares Repurchased
- 0.3
- Ocean Transportation Revenue
- 767.4
- Q3 Operating Income Outlook Growth
- 45
Price after filing
Close on the filing date to close N calendar days later (from $203.65). Historical, not a forecast.
AI analysis
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