Matson, Inc.
Matson, Inc. (MATX) is listed on NYSE and classified in Marine Shipping, part of the Industrials sector. It is headquartered in Honolulu, United States and has 4,170 employees. The company is worth $6.8B and trades at 15.8x its earnings of the last twelve months; the median for its sector is 24.3x. Revenue was $3.34B in fiscal 2025, down 2.3% from the year before. Net income was $444.8M. The share price is 5.6% below its 52-week high of $240.87. It pays a dividend yielding 0.67%, and has raised its annual dividend for 13 years in a row in our records. 5 of the 38 superinvestors we track held it at the end of Q2 2026. The largest position belongs to Israel Englander (Millennium Management), at $60.31M. In that quarter, 2 of them opened or added to the position and 2 reduced it. Over the last 30 days, company insiders sold $2.22M of its stock on the open market and bought none. All of those sales were scheduled in advance under 10b5-1 plans.
Written from the data on this page: SEC filings (13F, Form 4, annual reports) and market prices.
Year by year, from the annual reports; dividends from the payments themselves.
Bars are year-end balances; lines are what happened during the year.
Major managers that reported this stock in their latest 13F.
▲ +188.2% over 5Y.
today you would have $3,005.95▲ +200.6%
Dividends reinvested, splits accounted for. Past prices say what happened, not what will.
The last 18 closed years, each at that year’s closing price and reported numbers.
| Indicator | Median | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Year-end price | $123.55 | $134.84 | $109.60 | $62.51 | $90.03 | $56.97 | $40.80 | $32.02 | $29.84 | $35.39 | $42.63 | $34.52 | $26.11 | $24.72 | $19.57 | $19.19 | $16.41 | $12.02 |
Seven formulas applied to the reported numbers, each with its assumption next to the result. None of them predicts a price.
Square root of 22.5 × earnings × book value. Blind to intangibles, so it undervalues software and brands.
Earnings growing 25.0% a year plus a 0.7% dividend yield. Growth capped at 25%.
Median P/E of 24.3 among peers in the sector.
Median P/E of 13.0 across this company’s own years on record.
Cash flow growing 15.0% a year for 10 years, discounted at 10%, then 2.5% forever.
Sector median of 13.2x operating profit, less net debt. Banks have no EBITDA.
This formula has no meaning here — usually a loss, negative cash flow, or a missing input.
Companies of similar size in Industrials, for comparison. The columns are the same ones above, in the same order.
| Stock | Price | P/E | P/B | Dividend yield | ROE | Market cap |
|---|---|---|---|---|---|---|
| DYDycom Industries Inc | $225.16 | 21.7x | 3.3x | 0.00% | 19.20% | $6.79B |
| KEXKirby Corp | $131.50 | 21.1x | 2.0x | 0.00% | 10.41% | $6.94B |
| FSSFederal Signal Corp | $115.54 | 25.2x | 4.7x | 0.52% | 20.61% | $7.05B |
| GTESGates Industrial Corp Ltd. | $25.83 |
| P/E | 13.0x | 8.9x | 9.7x | 13.2x | 2.3x | 4.2x | 12.8x | 21.4x | 12.7x | 5.6x | 18.9x | 18.2x | 21.2x | 20.9x | 22.9x | 24.2x | 8.6x | 31.7x | 7.9x |
| P/S | 0.9x | 1.1x | 1.3x | 1.2x | 0.5x | 0.9x | 1.0x | 0.8x | 0.6x | 0.6x | 0.8x | 1.0x | 0.9x | 0.7x | 0.7x | 1.2x | 1.2x | 1.0x | 0.6x |
| P/B | 1.8x | 1.4x | 1.7x | 1.6x | 1.0x | 2.2x | 2.6x | 2.2x | 1.8x | 1.9x | 3.1x | 4.1x | 4.1x | 3.3x | 3.8x | 1.5x | 1.5x | 1.3x | 1.0x |
| EPS | $13.81 | $13.93 | $8.32 | $27.07 | $21.47 | $4.44 | $1.91 | $2.53 | $5.35 | $1.87 | $2.34 | $1.63 | $1.25 | $1.08 | $0.81 | $2.22 | $0.52 | $1.53 |
| Dividend yield | 2.02% | 1.13% | 0.98% | 1.15% | 1.95% | 1.18% | 1.58% | 2.11% | 2.56% | 2.61% | 2.09% | 1.64% | 1.91% | 1.76% | 2.44% | 3.09% | 3.15% | 3.68% | 4.93% |
| Payout | 31.16% | 10.14% | 9.48% | 15.14% | 4.51% | 4.94% | 20.27% | 45.03% | 32.41% | 14.58% | 39.57% | 29.91% | 40.49% | 36.80% | 55.75% | 74.59% | 27.21% | 116.67% | 38.71% |
| Profit margin | 6.09% | 13.30% | 13.92% | 9.60% | 24.50% | 23.63% | 8.10% | 3.75% | 4.90% | 11.29% | 4.19% | 5.46% | 4.13% | 3.28% | 2.94% | 2.34% | 6.72% | 3.16% | 7.06% |
| ROE | 16.26% | 16.12% | 17.96% | 12.38% | 46.32% | 55.62% | 20.09% | 10.26% | 14.43% | 34.11% | 16.45% | 22.86% | 19.46% | 15.88% | 16.40% | 3.05% | 8.11% | 4.05% | 12.31% |
Median of the years shown; P/E years above 200x are left out.
The average of the method families that answered, not of the seven numbers: four of the seven start from the same earnings per share.
6 methods answered, across 3 families.
Room for errors in the reported numbers.
+3.3% from the average.
Models, not forecasts, and not investment advice. How each formula works →
| 18.3x |
| 1.9x |
| 0.00% |
| 10.38% |
| $6.54B |
| MSAMSA Safety Inc | $184.44 | 22.9x | 5.1x | 1.17% | 23.66% | $7.12B |
| POOLPOOL Corp | $197.21 | 15.8x | 6.1x | 2.64% | 31.25% | $7.17B |