MATX

Matson, Inc.

Ticker: MATXIndustrialsTransportation & Utilities
HQ HONOLULU, HICIK 3453FY end 12-31Book / share $90.92Shares 31M
Revenue (FY)
$3.34B-2.26%
TTM $3.46B
Op. margin
14.94%-1.17%
TTM 15.18%
Net income
$444.80M-6.63%
TTM $463.80M
Operating cash
$547.10M-28.74%
TTM $584.10M
Free cash flow
$153.70M-66.42%
TTM $110.60M
Return on equity
16.12%-1.84%
TTM 16.72%
Debt / equity
0.13-0.02%
TTM 0.12
Shares outstanding
32.2M-5.85%
TTM 30.5M

The business

Matson, Inc. (MATX: NASDAQ) is a leading provider of ocean transportation and logistics services operating through two primary business segments. The company website is www.matson.com.

Founded in 1882, Matson Navigation Company, Inc., a wholly-owned subsidiary, operates the ocean transportation business providing vital freight services to domestic non-contiguous economies including Hawaii, Alaska, and Guam, as well as to other island economies in Micronesia. The company maintains a fleet of both owned and chartered vessels and barges representing approximately $2.4 billion in invested capital. Matson operates multiple service routes including Hawaii service connecting U.S. West Coast ports to Honolulu with inter-island barge networks, expedited China services from Shanghai and Ningbo to Long Beach, Alaska service from Tacoma to Anchorage and Dutch Harbor, Guam service, Japan service to Okinawa, Micronesia service, and South Pacific service. The company also provides terminal and stevedoring services at facilities in Hawaii and Alaska, and maintains a 35 percent ownership interest in SSA Terminals, LLC, which operates seven terminal facilities on the U.S. West Coast.

Matson Logistics, a wholly-owned subsidiary established in 1987, extends the company's geographic reach throughout North America and Asia. The logistics segment provides transportation brokerage services for intermodal rail, highway and trucking, freight forwarding and less-than-container load consolidation services, warehousing and distribution services, and supply chain management services including purchase order management and non-vessel operating common carrier freight forwarding.

As of December 31, 2025, Matson employed 4,170 employees worldwide, with 2,843 covered by collective bargaining agreements. The company operates in multiple geographic regions including Hawaii, Alaska, Guam, the U.S. West Coast, and Asia. Matson is constructing three new Aloha Class containerships with expected deliveries between 2027 and 2028, representing approximately $1.0 billion in capital investment. The company's vessels are designed to comply with international maritime environmental regulations and feature dual-fuel engines capable of operating on liquefied natural gas, conventional fuels, and alternative fuels.

Sector
Industrials
Industry
Transportation & Utilities
HQ
HONOLULU, HI
FY end
12-31
CIK
3453
SIC
4400
Financial performance · annual
20132025
$-434.30M$868.60M$2.17B$3.47B$4.78B2013201420152016201720182019202020212022202320242025TTMTTMTTM

Ownership

Who holds Matson, Inc. — across funds, superinvestors and bonds · N-PORT 2026Q1 · 13F 2026-03-31

349
funds hold it
0 of 36
superinvestors hold it
$2.56B
fund-held value
52.3%
of shares held by funds

Top fund holders

Fund% of fundValue
iShares Core S&P Small-Cap ETF
IJR · iShares Trust
0.33%$306.98M
Avantis U.S. Small Cap Value ETF
AVUV · American Century ETF Trust
0.89%$209.20M
VANGUARD TOTAL STOCK MARKET INDEX FUND
VTI · VANGUARD INDEX FUNDS
0.01%$154.80M
iShares Russell 2000 ETF
IWM · iShares Trust
0.17%$123.85M
VANGUARD SMALL-CAP INDEX FUND
VB · VANGUARD INDEX FUNDS
0.07%$111.97M

Fund ownership counts N-PORT filers only, so it is a floor rather than a census — pensions, insurers and direct holders are not visible here, and the remainder is not “held by individuals”.

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