Credit and interest ratesnegative · 4 filings
“The decrease in dividend payments was due to a reduction in common stock outstanding, partially offset by an increase in dividends declared per share of common stock by the Company.”10-Q · May 5, 2026 ↗
Matson, Inc.
MATX
Market read
Matson, Inc.'s current read is isolated; its market group is not confirming.
No new filing conclusion is available. 0 of 1 group members are active now; 0 filing-linked outsiders are moving with the group, and 0 of 0 directly disclosed connections are confirming.
Company+0.5% todayVolume comparison unavailable
Market group0 of 1 activeMarine Shipping · unavailable
Disclosed network0 of 1 confirmingNo filing-linked name is confirming now
What would change this read
Watch this read- Ocean container volume fell across several services, led by a 9.5% decline in China, and management tied the operating-income decline primarily to lower lift volume.
- Year-over-year FEU volume for the China service declined 9.5% in Q1 2026, per the filing.
Invalidation: The isolated read changes if MATX's group or a disclosed connection begins moving with it.
Research brief
The story so far
No new filing conclusion is available. 0 of 1 group members are active now; 0 filing-linked outsiders are moving with the group, and 0 of 0 directly disclosed connections are confirming.
Evidence that supports
No thresholded supportive filing evidence is available yet.
Evidence that challenges
No thresholded adverse filing evidence is available yet.
What would clarify the read
- Ocean container volume fell across several services, led by a 9.5% decline in China, and management tied the operating-income decline primarily to lower lift volume.
- Year-over-year FEU volume for the China service declined 9.5% in Q1 2026, per the filing.
Company research
Understand the business, not just the ticker
Business model and earnings drivers
Use the company’s filings to identify the few operating, demand, cost, capital and regulatory variables that determine its earnings power.
Key research questions
- Which operating variable is changing?
- Is that change durable, cyclical or one-off?
- What evidence would disprove the current interpretation?
Annual periods9
Price observations327
Usable filing statements96
Verified relationships0
Evidence supporting the case
No qualifying supportive evidence was identified.
Evidence challenging the case
- Latest annual revenue changed -2.3% year over year.
- Operating margin changed -1.2 percentage points in the latest annual period.
- Credit and interest rates has repeated adverse evidence across 4 filings.
- Input and raw-material costs has repeated adverse evidence across 4 filings.
- Demand and volume has repeated adverse evidence across 3 filings.
- Supply chain and availability has repeated adverse evidence across 3 filings.
Questions before a position
- P/E is 40% below the available filing-peer median; determine whether growth and quality justify the difference.
Longer-term price context
Price as of Sep 10, 2026
228.256m+48.3%12m+120.8%24m—
Annual trajectory
Reported annual revenue and per-share history. This is accounting history, not a forecast.
PeriodRevenueYoYDiluted EPSShare change
2021-12-31$3.9B+64.7%$21.47-0.7%
2022-12-31$4.3B+10.6%$27.07-9.0%
2023-12-31$3.1B-28.7%$8.32-9.2%
2024-12-31$3.4B+10.6%$13.93-4.2%
2025-12-31$3.3B-2.3%$13.81-5.8%
What management says matters
Persistent and emerging business drivers
Input and raw-material costsnegative · 4 filings
“The Company expects volume in full year 2026 to be comparable to the level achieved in 2025, reflecting similar economic conditions and stable market share.”10-Q · May 5, 2026 ↗
Tariffs and trade policymixed · 4 filings
“In the second quarter 2026, the Company expects higher volume compared to the prior year period, which included a market decline in Transpacific demand due to the tariffs imposed in April 2025.”10-Q · May 5, 2026 ↗
Demand and volumemixed · 3 filings
“The decrease was primarily due to lower general demand, partially offset by an additional northbound sailing and an additional AAX sailing compared to the year ago period.”10-Q · May 5, 2026 ↗
Valuation discipline
Descriptive valuation snapshot
Price/sales 2.2× · EV/sales 2.2×. Comparisons use only industry-matched filing peers.
Scenario scaffold
Mechanical 2.0-year scenarios are available as editable assumptions, not consensus.
Price action
How the market is pricing the story
228.25+0.5% today
Jodie does not have enough daily observations to draw a useful short-term chart for this asset. The latest quoted price was checked 10 Sept, 15:55 GMT-4; this is a coverage limitation, not a flat-price conclusion.
Developments
No sourced recent-development timeline yet
Jodie has not returned a relevant primary source or news item for MATX. This is an evidence-coverage gap, not a conclusion that nothing material happened.
Business and financial condition
Reported financial figures are not available yet
Jodie has not returned structured SEC XBRL fundamentals for this asset. This is a coverage limitation, not an assessment of the business or its financial health.
Filing analysis
No comparable filing assessment is available yet
Jodie has not yet found a suitable current-versus-prior filing comparison for MATX. This does not mean the latest filing was neutral or immaterial.
Business ecosystem
The relationships behind MATX
Customers, suppliers, partners and competitors named in company filings—not inferred from headlines.
Filing peers
Companies whose filings use similar operating language.
Open the three relationships above to see Jodie’s filing proof. Pro unlocks 1 more links, every receipt, and alerts when connected names begin moving. Unlock the full network →
What is moving around it
Live connections
MATX is currently a Leader in the organic co-movement group Marine Shipping. This group is discovered from market behaviour rather than assigned from an industry taxonomy. No verified filing-linked names are available yet.
This group is retained as the last observed read for MATX; it is not active in the latest market snapshot.
Context history
Theme membership history
No durable theme membership has been observed for this name yet.