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Matsons MATX Logistics Services — Operating Income

Other segment segments

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$54.6M-25.8%

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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+69.8%
Enterprise value$6.74B+59.6%
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:OperatingIncomeLoss.

The source filing: Matsons’s 10-Q, filed May 5, 2026.

Filed
May 5, 2026, 6:15 AM EDT
Fiscal quarter
Q1 FY2026
Calendar quarter
Q1 2026
Accession
0001104659-26-055178
(In millions)Three Months Ended / March 31, 2026 / Ocean TransportationThree Months Ended / March 31, 2026 / LogisticsThree Months Ended / March 31, 2026 / TotalThree Months Ended / March 31, 2025 / Ocean TransportationThree Months Ended / March 31, 2025 / LogisticsThree Months Ended / March 31, 2025 / Total
Income from SSAT5.05.06.66.6
General and administrative(62.6)(14.9)(77.5)(60.5)(14.9)(75.4)
Total Costs and Expenses(551.9)(144.5)(696.4)(563.8)(136.1)(699.9)
Operating Income:$54.6$6.861.4$73.6$8.582.1
Interest income6.19.4
Interest expense, net(1.6)(1.7)
Other income (expense), net2.02.4
Income before Taxes67.992.2

Item 1. Financial Statements (Unaudited)

FAQ

What is Matsons's logistics services — operating income?
Matsons (MATX) reported logistics services — operating income of $6.8M in Q1 2026.
How has Matsons's logistics services — operating income changed year-over-year?
Matsons's logistics services — operating income decreased by 20.0% year-over-year, from $8.5M to $6.8M.
What is the long-term trend for Matsons's logistics services — operating income?
Over 4 years (2021 to 2025), Matsons's logistics services — operating income has grown at a -2.9% compound annual growth rate (CAGR), from $49.8M to $44.2M.
What does logistics services — operating income mean?
This metric measures the profitability of the logistics segment by subtracting all operating expenses from the segment's total revenue. It indicates the core operational health and the ability of the logistics business to generate sustainable earnings from its service activities.

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