Matson, Inc. (MATX) FY2025 10-K Annual Report

Filed: Feb 27, 2026
Industrials
Water TransportationSEC EDGAR

Matson, Inc. (MATX) 10-K annual report for fiscal year 2025, filed with SEC EDGAR on Feb 27, 2026. This page provides AI-powered analysis including business overview, management discussion & analysis (MD&A), risk factors, and key financial data such as revenue, net income, gross margin, operating margin, and return on equity (ROE) extracted from XBRL.

Matson, Inc. FY2025 10-K Analysis

Business Overview

  • Core business model: Maritime shipping and transportation services including vessel construction financing via Capital Construction Fund (CCF)
  • New emphasis on funding construction for three new Jones Act vessels with $307.2M CCF cash and $225.5M CCF investments as of Dec 31, 2025
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Management Discussion & Analysis

  • Text contains forward-looking statements under Private Securities Litigation Reform Act of 1995
  • No revenue, profitability, segment performance, cash flow, or capital allocation figures provided
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Risk Factors

  • Cybersecurity risk exposure with ongoing oversight by Audit Committee reviewing policies twice yearly
  • Operational risk from IT disruptions affecting Matson’s ability to operate, overseen by CIO and CISO with regular Board briefings
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Matson, Inc. FY2025 Key Financial Metrics
XBRL

Revenue

$3.3B

-2.3% YoY

Net Income

$445M

-6.6% YoY

Operating Margin

14.9%

-117bp YoY

Net Margin

13.3%

-62bp YoY

ROE

16.1%

-184bp YoY

Total Assets

$4.6B

+0.9% YoY

EPS (Diluted)

$13.81

-0.9% YoY

Operating Cash Flow

$547M

-28.7% YoY

Source: XBRL data from Matson, Inc. FY2025 10-K filing on SEC EDGAR. All figures in USD.

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