← Matson, Inc.
| Annual Trend | FY 2016 | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash flows from operating activities: | ||||||||||||
| Adjustments to reconcile net income to net cash provided by operating activities: | ||||||||||||
| Net Income (Loss) Attributable to Parent | $80.5m |
$232.0m
+188.20%
|
$109.0m
-53.02%
|
$82.7m
-24.13%
|
$193.1m
+133.49%
|
$927.4m
+380.27%
|
$1.1b
+14.72%
|
$297.1m
-72.07%
|
$476.4m
+60.35%
|
$444.8m
-6.63%
|
— | |
| Depreciation, Depletion and Amortization | $97.1m | $101.2m | $94.4m | $100.4m | $114.9m | $117.1m | $123.5m | $124.4m | $135.4m | $147.4m | $304.4m | |
| Amortization of Debt Issuance Costs | — | — | — | — | $900k | $1.5m | $1.3m | $1.3m | $1.2m | — | — | |
| Amortization of Intangible Assets | $9.1m | $11.4m | $11.2m | $11.1m | $10.9m | $10.9m | $11.4m | $13.6m | $12.8m | $13.2m | — | |
| Depreciation | $86.0m | $86.7m | $80.5m | $86.3m | $97.1m | $117.1m | $123.5m | $124.4m | $135.4m | $147.4m | $304.4m | |
| Depreciation Amortization Depletion | — | — | — | — | — | — | $292.2m | $284.2m | $286.8m | $300.0m | $304.4m | |
| Deferred Income Tax Expense (Benefit) | $39.7m | ($130.6m) | $31.3m | $23.3m | — | — | — | $19.7m | $20.3m | $6.8m | $10.4m | |
| Deferred Other Tax Expense (Benefit) | $39.9m | — | — | — | — | — | — | — | — | — | — | |
| Deferred Income Tax | — | — | — | — | — | — | $90.2m | $19.6m | $20.9m | $8.2m | $10.4m | |
| Deferred Tax | — | — | — | — | — | — | $90.2m | $19.6m | $20.9m | $8.2m | $10.4m | |
| Share-based Payment Arrangement, Noncash Expense | $11.2m | $11.1m | $12.1m | $11.3m | $18.8m | $19.3m | $18.3m | $23.8m | $26.5m | $22.7m | $22.7m | |
| Payment, Tax Withholding, Share-based Payment Arrangement | $5.9m | $7.4m | $4.6m | $3.1m | $5.6m | $14.4m | $20.1m | $12.6m | $17.6m | $16.4m | — | |
| Share-based Payment Arrangement, Expense | $9.8m | — | $12.1m | $11.3m | $18.8m | $19.3m | $18.3m | $23.8m | $26.5m | $22.7m | $22.7m | |
| Equity Method Investment, Other than Temporary Impairment | — | — | — | — | — | — | — | $0 | $0 | $0 | — | |
| Impairment of Intangible Assets, Finite-lived | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | — | |
| Income (Loss) from Equity Method Investments | $15.8m | $28.2m | $36.8m | $20.8m | $26.3m | $56.3m | $83.1m | $2.2m | ($1.0m) | $32.5m | — | |
| Other Nonoperating Income (Expense) | — | — | $2.6m | $1.2m | $6.1m | $6.4m | $8.5m | $6.4m | $7.3m | $9.1m | — | |
| Earnings (Loss)es From Equity Investments | — | — | — | — | — | — | ($83.1m) | ($2.2m) | $1.0m | ($32.5m) | ($28.4m) | |
| Changes in operating assets and liabilities: | ||||||||||||
| Change In Working Capital | — | — | — | — | — | — | ($131.8m) | ($88.0m) | ($15.0m) | ($156.3m) | ($152.8m) | |
| Change In Receivables | — | — | — | — | — | — | $74.6m | ($10.9m) | $9.8m | $12.3m | ($46.6m) | |
| Changes In Account Receivables | — | — | — | — | — | — | $74.6m | ($10.9m) | $9.8m | $12.3m | ($46.6m) | |
| Increase (Decrease) in Accounts Payable | $500k | $20.4m | $71.2m | ($13.9m) | $44.8m | $39.6m | ($31.7m) | $10.9m | ($5.6m) | ($33.8m) | $19.5m | |
| Change In Other Current Liabilities | — | — | — | — | — | — | ($154.4m) | ($146.8m) | ($141.2m) | ($138.8m) | ($133.6m) | |
| Net Cash Provided by (Used in) Operating Activities | $157.8m |
$224.9m
+42.52%
|
$305.0m
+35.62%
|
$248.8m
-18.43%
|
$429.8m
+72.75%
|
$984.1m
+128.97%
|
$1.3b
+29.24%
|
$510.5m
-59.86%
|
$767.8m
+50.40%
|
$547.1m
-28.74%
|
$584.1m
+6.76%
|
|
| Cash flows from investing activities: | ||||||||||||
| Gain (Loss) on Disposition of Property Plant Equipment, Excluding Oil and Gas Property and Timber Property | ($900k) | ($3.0m) | $1.9m | $1.4m | ($2.8m) | $800k | $1.5m | ($600k) | $2.3m | $4.4m | ($32.8m) | |
| Capital Expenditure | $179.4m | $307.0m | — | — | — | — | ($209.3m) | ($248.4m) | ($310.1m) | ($393.4m) | ($473.5m) | |
| Net Other Investing Changes | — | — | — | — | — | — | ($585.8m) | ($140.9m) | ($121.5m) | ($118.6m) | ($118.6m) | |
| Net Cash Provided by (Used in) Investing Activities | ($320.7m) | ($276.9m) | ($260.3m) | ($306.9m) | ($177.0m) | ($323.4m) | ($729.3m) | ($338.2m) | ($336.1m) | ($265.6m) | ($149.6m) | |
| Cash flows from financing activities: | ||||||||||||
| Proceeds from Issuance of Long-term Debt | $275.0m | — | — | — | — | — | — | — | — | — | — | |
| Issuance Of Debt | — | — | — | — | — | $304.3m | $0 | $0 | — | — | — | |
| Long Term Debt Issuance | — | — | — | — | — | $0 | $0 | — | — | — | — | |
| Long Term Debt Payments | — | — | — | — | — | — | ($111.5m) | ($76.9m) | ($39.7m) | ($39.7m) | ($39.7m) | |
| Net Issuance Payments Of Debt | — | — | — | — | — | — | ($111.5m) | ($76.9m) | ($39.7m) | ($39.7m) | ($39.7m) | |
| Net Long Term Debt Issuance | — | — | — | — | — | — | ($111.5m) | ($76.9m) | ($39.7m) | ($39.7m) | ($39.7m) | |
| Net Short Term Debt Issuance | — | — | — | — | — | ($71.8m) | $0 | $0 | — | — | — | |
| Repayment Of Debt | — | — | — | — | — | — | ($111.5m) | ($76.9m) | ($39.7m) | ($39.7m) | ($39.7m) | |
| Short Term Debt Issuance | — | — | — | — | — | $304.3m | $0 | $0 | — | — | — | |
| Short Term Debt Payments | — | — | — | — | — | ($376.1m) | $0 | $0 | — | — | — | |
| Payments for Repurchase of Common Stock | $38.0m | $19.3m | — | — | — | $198.3m | $397.0m | $155.2m | $199.1m | $303.3m | — | |
| Payments of Ordinary Dividends, Common Stock | $32.2m | $33.8m | $35.4m | $37.2m | $39.2m | $45.9m | $48.0m | $45.0m | $44.8m | $44.9m | ($44.6m) | |
| Proceeds from Issuance of Common Stock | $1.2m | $1.9m | $700k | $300k | $100k | — | — | — | — | — | $0 | |
| Common Stock Dividend Paid | — | — | — | — | — | ($45.9m) | ($48.0m) | ($45.0m) | — | — | ($44.7m) | |
| Common Stock Issuance | — | — | — | — | — | $0 | $0 | — | — | — | $0 | |
| Common Stock Payments | — | — | — | — | — | — | ($397.0m) | ($155.2m) | ($199.1m) | ($303.3m) | ($262.7m) | |
| Issuance Of Capital Stock | — | — | — | — | — | $0 | $0 | — | — | — | $0 | |
| Net Common Stock Issuance | — | — | — | — | — | — | ($397.0m) | ($155.2m) | ($199.1m) | ($303.3m) | ($262.7m) | |
| Repurchase Of Capital Stock | — | — | — | — | — | — | ($397.0m) | ($155.2m) | ($199.1m) | ($303.3m) | ($262.7m) | |
| Cash Dividends Paid | — | — | — | — | — | — | ($48.0m) | ($45.0m) | ($44.8m) | ($44.9m) | ($44.6m) | |
| Dividend Received CFO | — | — | — | — | — | — | $47.3m | $0 | $14.0m | $21.0m | $0 | |
| Net Other Financing Charges | — | — | — | — | — | — | ($20.1m) | ($12.6m) | ($17.6m) | ($18.5m) | ($27.3m) | |
| Net Cash Provided by (Used in) Financing Activities | $151.3m |
$57.9m
-61.73%
|
($40.0m)
-169.08%
|
$62.0m
+255.00%
|
($261.5m)
-521.77%
|
($392.7m)
-50.17%
|
($576.6m)
-46.83%
|
($289.7m)
+49.76%
|
($301.2m)
-3.97%
|
($406.4m)
-34.93%
|
($374.3m)
+7.90%
|
|
| Beginning Cash Position | — | — | — | — | — | — | $287.7m | $253.7m | $136.3m | $266.8m | $59.1m | |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents | ($11.6m) | $5.9m | $24.5m | $28.4m | $19.7m | $287.7m | $253.7m | $136.3m | $266.8m | $141.9m | $119.3m | |
| Additional Supplementary Disclosures | ||||||||||||
| Additional Supplementary Disclosures | ||||||||||||
| Supplemental disclosure of cash flow information: | ||||||||||||
| Interest Paid, Excluding Capitalized Interest, Operating Activities | $19.8m | $23.9m | $18.3m | $22.0m | $26.2m | $19.3m | $16.2m | $11.1m | $5.9m | $5.3m | — | |
| Income Taxes Paid, Net | $15.6m | $2.6m | $5.2m | ($24.2m) | ($16.1m) | $241.6m | $215.2m | $7.5m | ($26.5m) | $86.1m | — | |
| Additional Financial Items | ||||||||||||
| General and Administrative Expense | — | — | — | — | — | — | — | — | $303.6m | $294.1m | — | |
| Goodwill | $323.7m | $323.7m | $327.8m | $327.8m | $327.8m | $327.8m | $327.8m | $327.8m | $327.8m | $327.8m | — | |
| Income (Loss) from Continuing Operations, Net of Tax, Attributable to Parent | $80.5m | $232.0m | $109.0m | $82.7m | $193.1m | $927.4m | $1.1b | $297.1m | $476.4m | $444.8m | — | |
| Income Tax Expense (Benefit) | $48.6m | ($106.8m) | $38.7m | $25.1m | $65.9m | $243.9m | $288.4m | $75.9m | $123.0m | $89.0m | — | |
| Interest Expense Nonoperating | — | — | — | — | — | — | — | — | $7.5m | $6.8m | — | |
| Investment Income, Interest | — | — | — | — | — | — | $8.2m | $36.0m | $48.3m | $31.7m | — | |
| Operating Costs and Expenses | $1.6b | $1.7b | $1.9b | $1.9b | $1.9b | $2.6b | $2.8b | $2.5b | $2.6b | $2.6b | — | |
| Operating Expenses | — | — | — | — | — | — | — | — | $2.6b | ($2.6b) | — | |
| Payments of Financing Costs | — | $1.7m | — | — | $18.5m | $3.0m | — | — | — | $2.1m | — | |
| Proceeds from Contributions from Affiliates | — | $17.5m | $42.0m | — | — | — | — | — | — | — | — | |
| Cash Flow From Continuing Financing Activities | — | — | — | — | — | — | ($576.6m) | ($289.7m) | ($301.2m) | ($406.4m) | ($374.3m) | |
| Cash Flow From Continuing Investing Activities | — | — | — | — | — | — | ($729.3m) | ($338.2m) | ($336.1m) | ($265.6m) | ($149.6m) | |
| Change In Account Payable | — | — | — | — | — | — | ($31.7m) | $10.9m | ($5.6m) | ($33.8m) | $19.5m | |
| Change In Cash Supplemental As Reported | — | — | — | — | — | — | ($34.0m) | ($117.4m) | $130.5m | ($124.9m) | — | |
| Change In Other Working Capital | — | — | — | — | — | — | $24.9m | $25.3m | $27.2m | $28.9m | $31.4m | |
| Change In Payable | — | — | — | — | — | — | ($31.7m) | $10.9m | ($5.6m) | ($33.8m) | $19.5m | |
| Change In Prepaid Assets | — | — | — | — | — | — | ($45.2m) | $33.5m | $94.8m | ($24.9m) | ($23.5m) | |
| Changes In Cash | — | — | — | — | — | — | ($34.0m) | ($117.4m) | $130.5m | ($124.9m) | $60.2m | |
| End Cash Position | — | — | — | — | — | — | $253.7m | $136.3m | $266.8m | $141.9m | $119.3m | |
| Financing Cash Flow | — | — | — | — | — | — | ($576.6m) |
($289.7m)
+49.76%
|
($301.2m)
-3.97%
|
($406.4m)
-34.93%
|
($374.3m)
+7.90%
|
|
| Free Cash Flow | — | — | — | — | — | — | $1.1b | $262.1m | $457.7m | $153.7m | $110.6m | |
| Gain Loss On Sale Of PPE | — | — | — | — | — | — | ($1.5m) | $600k | ($2.3m) | ($4.4m) | ($4.4m) | |
| Investing Cash Flow | — | — | — | — | — | — | ($729.3m) | ($338.2m) | ($336.1m) | ($265.6m) | ($149.6m) | |
| Net Intangibles Purchase And Sale | — | — | — | — | — | $0 | ($3.0m) | ($12.4m) | — | — | ($700k) | |
| Net Investment Purchase And Sale | — | — | — | — | — | — | $64.6m | $49.9m | $89.6m | $237.3m | $433.9m | |
| Net PPE Purchase And Sale | — | — | — | — | — | — | $1.2m | $1.2m | $5.9m | $9.1m | $8.5m | |
| Operating Gains Losses | — | — | — | — | — | — | ($84.6m) | ($1.6m) | ($1.3m) | ($36.9m) | ($32.8m) | |
| Other Non Cash Items | — | — | — | — | — | — | ($23.6m) | ($24.6m) | ($40.5m) | ($56.4m) | — | |
| Purchase Of Intangibles | — | — | — | — | — | $0 | ($3.0m) | ($12.4m) | — | — | ($700k) | |
| Purchase Of Investment | — | — | — | — | — | ($31.2m) | ($582.8m) | ($128.5m) | — | — | ($71.3m) | |
| Sale Of Investment | — | — | — | — | — | — | $64.6m | $49.9m | $89.6m | $237.3m | $334.3m | |
| Sale Of PPE | — | — | — | — | — | — | $1.2m | $1.2m | $5.9m | $9.1m | $9.1m | |
| Stock Based Compensation | — | — | — | — | — | — | $18.3m | $23.8m | $26.5m | $22.7m | $22.7m |
Values abbreviated: b = billions, m = millions, k = thousands. Per share data in USD.