---
schema_version: "secwatch.filing_event.v1"
accession: "0001558370-24-001363"
form_type: "8-K"
ticker: "MATX"
cik: "0000003453"
company_name: "Matson, Inc."
filed_at: "2024-02-20T23:59:59+00:00"
generated_at: "2026-06-05T23:28:57.120636+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Matson Q4 EPS $1.78 vs $2.10 YoY; FY 2023 revenue down 30%; guides flat 2024

## Summary
- Q4 2023 net income $62.4M ($1.78 EPS) vs $78.0M ($2.10 EPS) YoY.
- Full year 2023 revenue $2.48B (-30% YoY); operating income $342.8M vs $1.35B in 2022.
- China service volume up 23% in Q4 but freight rates lower; Ocean Transportation op income $66.4M, down 17% YoY.
- 2024 outlook: consolidated operating income approximating 2023 level of $342.8M; Q1 2024 expected lower than Q1 2023.
- Repurchased 2.1M shares for $158.2M in 2023; declared $0.32/share dividend payable March 7, 2024.

## SEC filing metadata
- accession: 0001558370-24-001363
- form_type: 8-K
- ticker: MATX
- cik: 0000003453
- company_name: Matson, Inc.
- filed_at: 2024-02-20T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/3453/000155837024001363/0001558370-24-001363-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/3453/000155837024001363/matx-20240220x8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001558370-24-001363
- JSON: https://secwatch.observer/filing/0001558370-24-001363.json
- Plain text: https://secwatch.observer/filing/0001558370-24-001363.txt

## Key facts
- Earnings Releases
  Matson, Inc. reported the quarter ended December 31, 2023 results: revenue $788.9 million, net income $62.4 million, EPS $1.78 per diluted share.
  - Period: the quarter ended December 31, 2023
  - Revenue: $788.9 million
  - Net income: $62.4 million
  - EPS: $1.78 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 $62.4 million, or $1.78 per diluted share, for the quarter ended December 31, 2023. Net income for the quarter ended December 31, 2022 was $78.0 million, or $2.10 per diluted share. Consolidated revenue for the fourth quarter 2023 was $788.9 million compared with $801.6 million for the fourth quarter 2022.
  evidence_url: https://www.sec.gov/Archives/edgar/data/3453/000155837024001363/0001558370-24-001363-index.htm

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