MATXMatson, Inc.
Water Transportation
- Revenue
- $3.3B
- 2.3% YoY
- Operating margin
- 14.9%
- 7.2% YoY
- EBITDA
- $647M
- 5.8% YoY
- Market cap
- —
- Employees
- —
- Net debt / EBITDA
- 0.3×
- $222M net debt
- AI in 10-K
- —
Red flags 0 of 9
- TSR below peersClear—3+ of last 5 years
- High CEO pay despite TSRClear—Median CEO pay ≥ $15M and TSR flag
- Active 13DClear0 filingsActive-intent 13D in 18 months
- Net insider sellingClear$0 netNet sales over $10M in 12 months
- Earnings not backed by cashClear123% of net incomeCash flow under 80% of net income
- Dilutive SBCClear1% of revenueOver 10% of revenue
- Payouts exceed cash flowClear64% of cash flowBuybacks + dividends over cash flow
- Goodwill-heavyClear7% of assetsOver 40% of assets
- Shareholder dissentClear—Any vote under 80% support
Financials
| Metric | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | YoY |
|---|---|---|---|---|---|---|
| Revenue | $3.9B | $4.3B | $3.1B | $3.4B | $3.3B | 2.3% |
| Operating income | $1.2B | $1.4B | $343M | $551M | $500M | 9.3% |
| Net income | $927M | $1.1B | $297M | $476M | $445M | 6.6% |
| Operating cash flow | $984M | $1.3B | $511M | $768M | $547M | 29% |
| Capex | — | $209M | $248M | $310M | $393M | 27% |
| Stock-based comp | $19M | $18M | $24M | $27M | $23M | 14% |
| Buybacks | $198M | $397M | $155M | $199M | $303M | 52% |
| Dividends | $46M | $48M | $45M | $45M | $45M | 0.2% |
Deal filings
None.
13D filers
None on file.
Insider trading
- Open-market buys, 12 mo
- $0 · 0
- Open-market sells, 12 mo
- $5M · 9
- Net
- −$5M
Pay vs performance
No pay-versus-performance disclosure yet.