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Matsons MATX Logistics Services — Intangible Assets Net Excluding Goodwill

Other segment segments

Ocean Transportation
$69.6M-8.7%

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Other financials

Income statement

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Revenue$757.8M-3.1%
Operating income$61.4M-25.2%
Net income$56.6M-21.7%
EPS (diluted)$1.85-15.1%

Balance sheet

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Cash & equivalents$100.1M-18.0%
Total debt$697.2M-1.2%
Total equity$2.7B+3.7%
Total assets$4.6B+1.2%

Cash flow

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Operating cash flow$94.0M+5.6%
CapEx$3.2M-57.9%
Free cash flow$90.8M+11.5%

Valuation

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Market cap$6.15B+70.5%
Enterprise value$6.74B+60.1%
P/E14.3×+7.0×
P/S1.9×+0.8×

Profitability

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Operating margin14.4%-2.7pp
Net margin12.9%-1.8pp
FCF margin16.7%-6.9pp

Returns & leverage

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Return on equity16%-4.5pp
Debt / equity0.3×0.0×
Current ratio0.8×0.0×

Where this comes from

Reported directly by Matsons in its filing.

Tagged under the XBRL concept us-gaap:IntangibleAssetsNetExcludingGoodwill.

The source filing: Matsons’s 10-K, filed February 27, 2026.

Filed
Feb 27, 2026, 6:16 AM EST
Fiscal year
FY2025
Accession
0001104659-26-020944

Ocean Transportation intangible assets of $140.6 million relate to customer relationships acquired as part of the acquisition of Horizon, and are being amortized over 21 years. Logistics intangible assets include $79.3 million of customer relationships which are being amortized over 20 years, and $27.3 million of an indefinite life trade name, both acquired as part of the Span Alaska acquisition. The remaining Logistics customer relationships relate to various acquisitions and are being amortized over a period of 3 to 13 years.

ITEM 8. FINANCIAL STATEMENTS AND SUPPLEMENTARY DATA

FAQ

What is Matsons's logistics services — intangible assets net excluding goodwill?
Matsons (MATX) reported logistics services — intangible assets net excluding goodwill of $79.3M in Q4 2025.
How has Matsons's logistics services — intangible assets net excluding goodwill changed year-over-year?
Matsons's logistics services — intangible assets net excluding goodwill decreased by 4.7% year-over-year, from $83.2M to $79.3M.
What does logistics services — intangible assets net excluding goodwill mean?
This is the carrying value of identifiable intangible assets after accounting for accumulated amortization, excluding goodwill. It represents the current book value of the segment's non-physical assets that are expected to contribute to future revenue. This metric is essential for assessing the net value of intellectual property and contractual rights held by the business.

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