---
schema_version: "secwatch.filing_event.v1"
accession: "0001558370-23-017011"
form_type: "8-K"
ticker: "MATX"
cik: "0000003453"
company_name: "Matson, Inc."
filed_at: "2023-10-30T23:59:59+00:00"
generated_at: "2026-06-09T06:17:15.026936+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# Matson Q3 revenue $827.5M, down 26% YoY; EPS $3.40 vs $6.89

## Summary
- Net income $119.9M ($3.40 diluted EPS) vs $266M ($6.89) in Q3 2022.
- Consolidated revenue $827.5M, down 26% YoY from $1,114.8M.
- Ocean Transportation operating income $118.2M, down 62.5% due to lower China freight rates and volume.
- Logistics operating income $13.9M, down 30.8% primarily from lower transportation brokerage.
- Board declared $0.32/share dividend payable Dec 7, 2023; repurchased ~0.3M shares for $25.8M.

## SEC filing metadata
- accession: 0001558370-23-017011
- form_type: 8-K
- ticker: MATX
- cik: 0000003453
- company_name: Matson, Inc.
- filed_at: 2023-10-30T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/3453/000155837023017011/0001558370-23-017011-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/3453/000155837023017011/matx-20231030x8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001558370-23-017011
- JSON: https://secwatch.observer/filing/0001558370-23-017011.json
- Plain text: https://secwatch.observer/filing/0001558370-23-017011.txt

## Key facts
- Earnings Releases
  Matson, Inc. reported the quarter ended September 30, 2023 results: revenue $827.5 million, net income $119.9 million, EPS $3.40 per diluted share.
  - Period: the quarter ended September 30, 2023
  - Revenue: $827.5 million
  - Net income: $119.9 million
  - EPS: $3.40 per diluted share
  - Result: reported results
  source text: Matson, Inc. (“Matson” or the “Company”) (NYSE: MATX), a leading U.S. carrier in the Pacific, today reported net income of $119.9 million, or $3.40 per diluted share, for the quarter ended September 30, 2023. Net income for the quarter ended September 30, 2022 was $266.0 million, or $6.89 per diluted share. Consolidated revenue for the third quarter 2023 was $827.5 million compared with $1,114.8 million for the third quarter 2022.
  evidence_url: https://www.sec.gov/Archives/edgar/data/3453/000155837023017011/0001558370-23-017011-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.