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Matsons MATX Ocean Transportation — Cost Of Revenue

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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$5.79B+18.5%
Enterprise value$6.38B+16.5%
P/E13.5×+4.0×
P/S1.7×+0.3×

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:CostOfRevenue.

The official record: Matsons’s 10-K, filed February 27, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Matsons's ocean transportation — cost of revenue?
Matsons (MATX) reported ocean transportation — cost of revenue of $302.33M in Q4 2025.
How has Matsons's ocean transportation — cost of revenue changed year-over-year?
Matsons's ocean transportation — cost of revenue increased by 4.0% year-over-year, from $290.65M to $302.33M.
What is the long-term trend for Matsons's ocean transportation — cost of revenue?
Over 4 years (2021 to 2025), Matsons's ocean transportation — cost of revenue has grown at a 2.1% compound annual growth rate (CAGR), from $1.11B to $1.21B.
What does ocean transportation — cost of revenue mean?
Captures the direct costs incurred to provide ocean transportation services, including vessel fuel, crew wages, port fees, and direct cargo handling expenses. This metric is essential for calculating the segment's gross margin and understanding the direct variable costs associated with shipping operations. It highlights the efficiency of the segment's core service delivery model.