Matson Inc

For the period ended Dec 31, 2023. Filed Feb 23, 2024.

About this filing

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.

FY2023 · Filed Feb 23, 2024

MATX$207.00-0.4%Stored close · as of Nov 10, 2026

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Contents

Consolidated Statements of Income and Comprehensive Income


· · Years Ended December 31,
(In millions, except per share amounts) · 2023 · 2022 · 2021
Operating Revenue:
Ocean Transportation	$2,477.0	$3,544.6	$3,132.8
Logistics	617.6	798.4	792.5
Total Operating Revenue	3,094.6	4,343.0	3,925.3

Costs and Expenses:
Operating costs	(2,470.7)	(2,811.5)	(2,557.6)
Income from SSAT	2.2	83.1	56.3
Selling, general and administrative	(283.3)	(261.0)	(236.5)
Total Costs and Expenses	(2,751.8)	(2,989.4)	(2,737.8)

Operating Income	342.8	1,353.6	1,187.5
Interest income	36.0	8.2	—
Interest expense	(12.2)	(18.0)	(22.6)
Other income (expense), net	6.4	8.5	6.4
Income before Taxes	373.0	1,352.3	1,171.3
Income taxes	(75.9)	(288.4)	(243.9)
Net Income	$297.1	$1,063.9	$927.4

Other Comprehensive Income (Loss), Net of Income Taxes:
Net Income	$297.1	$1,063.9	$927.4
Other Comprehensive Income (Loss):
Net change in pension and post-retirement liabilities	(2.5)	23.8	20.4
Other adjustments	1.2	0.2	(0.5)
Total Other Comprehensive Income (Loss), Net of Income Taxes	(1.3)	24.0	19.9
Comprehensive Income	$295.8	$1,087.9	$947.3

Basic Earnings Per Share	$8.42	$27.28	$21.67
Diluted Earnings Per Share	$8.32	$27.07	$21.47

Weighted Average Number of Shares Outstanding:
Basic	35.3	39.0	42.8
Diluted	35.7	39.3	43.2

ContentsView on SEC.gov

The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.