Matson, Inc.

For the period ended Dec 31, 2025. Filed Feb 27, 2026.

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A company's yearly report to the SEC, with audited financial statements. It is the fullest account a company gives of its business, its finances and the risks it sees.

FY2025 · Filed Feb 27, 2026

MATX$211.93-0.9%Stored close · as of Nov 6, 2026

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Contents

14. Earnings Per Share

Basic earnings per share are determined by dividing net income by the weighted-average common shares outstanding during the year. The calculation of diluted earnings per share includes the dilutive effect of non-vested restricted stock units. The computation of weighted average common shares outstanding excluded a nominal amount of anti-dilutive restricted stock units for each of the years ended December 31, 2025, 2024 and 2023.

The computations for basic and diluted earnings per share for the years ended December 31, 2025, 2024 and 2023 are as follows:

· · · · · · · · · · · · · · · · · · · · · · · ·
· · Year Ended December 31, 2025 · · Year Ended December 31, 2024 · · Year Ended December 31, 2023
· · · · · Weighted · · Per · · · · · Weighted · · Per · · · · · Weighted · · Per
· · · · · Average · · Common · · · · · Average · · Common · · · · · Average · · Common
· · Net · · Common · · Share · · Net · · Common · · Share · · Net · · Common · · Share
(In millions, except per share amounts) · · Income · · Shares · · Amount · · Income · · Shares · · Amount · · Income · · Shares · · Amount
Basic:	$444.8		31.8		$13.99	$476.4	33.7		$14.14		$297.1	35.3	$8.42
Effect of Dilutive Securities:		—		0.4		(0.18)		—		0.5		(0.21)		—	0.4	(0.10)
Diluted:	$444.8		32.2		$13.81	$476.4	34.2		$13.93		$297.1	35.7	$8.32

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