earnings
confidence high
sentiment positive
materiality 0.80
Matson Q4 EPS $3.80 vs $1.78 YoY; China service drives 107% OI jump; Q1 2025 guidance above
Matson, Inc.
2024-FY EPS reported
$13.93
revenue$3,421,800,000
- Q4 net income $128.0M ($3.80 diluted EPS) vs $62.4M ($1.78 YoY); revenue $890.3M (+12.8% YoY).
- FY 2024 net income $476.4M, EBITDA $738.9M, EPS $13.93.
- Ocean Transportation OI rose 107% to $137.4M on China service freight rates; SSAT JV loss $9.5M due to $18.4M impairment.
- Q1 2025 consolidated OI expected meaningfully higher YoY; full-year OI depends on Red Sea normalization.
- Board declared $0.34/share dividend (payable Mar 6, 2025); repurchased 0.2M shares for $31.8M in Q4.