Company profile

Ticker
MATX
Exchange
CEO
Matthew J. Cox
Employees
Incorporated in
Location
Fiscal year end
Industry (SEC)
Former names
Alexander & Baldwin Inc
SEC CIK
IRS number
990032630

MATX stock data

(
)

Calendar

8 Aug 19
24 Aug 19
31 Dec 19

News

Company financial data Financial data

Quarter (USD) Jun 19 Mar 19 Dec 18 Sep 18
Revenue 557.9M 532.4M 564.9M 589.4M
Net income 18.4M 12.5M 20.6M 41.6M
Diluted EPS 0.43 0.29 0.48 0.97
Net profit margin 3.30% 2.35% 3.65% 7.06%
Operating income 31M 17.5M 30.5M 58.6M
Net change in cash 8.6M -4.2M 7.5M -700K
Cash on hand 24M 15.4M 19.6M 12.1M
Annual (USD) Dec 18 Dec 17 Dec 16 Dec 15
Revenue 2.22B 2.05B 1.94B 1.88B
Net income 109M 231M 81.4M 103M
Diluted EPS 2.53 5.35 1.87 2.34
Net profit margin 4.90% 11.29% 4.19% 5.46%
Operating income 163.8M 147.3M 156.7M 196.3M
Net change in cash -200K 5.9M -11.6M -267.9M
Cash on hand 19.6M 19.8M 13.9M 25.5M

Financial data from Matson earnings reports

Financial report summary

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Risks
  • Changes in U.S., global, regional economic conditions or governmental policies that result in a decrease in consumer confidence or market demand for the Company’s services and products in Hawaii and Alaska, the U.S. Mainland, Guam, Asia or the South Pacific may adversely affect the Company’s financial position, results of operations, liquidity, or cash flows.
  • The Company may face new or increased competition.
  • The loss of or damage to key agent or customer relationships may adversely affect the Company’s business.
  • The Company is dependent upon key vendors and third-parties for equipment, capacity and services essential to operate its business, and if the Company fails to secure sufficient third-party services, its business could be adversely affected.
  • An increase in fuel prices, changes in the Company’s ability to collect fuel surcharges, and/or the cost or limited availability of required fuels on the U.S. West Coast may adversely affect the Company’s profits.
  • Work stoppages or other labor disruptions caused by unionized workers of the Company, other workers or their unions in related industries may adversely affect the Company’s operations.
  • The Company is susceptible to weather, natural disasters and other operating risks.
  • The Company’s significant operating agreements and leases could be replaced on less favorable terms or may not be replaced.
  • The Company may face unexpected dry-docking or repair costs for its vessels.
  • If we are not able to use our information technology and communications systems effectively, our ability to conduct business might be negatively impacted.
  • Our information technology systems may be exposed to cybersecurity risks and other disruptions that could impair the Company’s ability to operate and adversely affect its business.
  • Loss of the Company’s key personnel could adversely affect its business.
  • The Company is involved in a joint venture and is subject to risks associated with joint venture relationships.
  • The Company is subject to risks associated with conducting business in foreign shipping markets.
  • The Company is subject to risks related to a marine accident or spill event.
  • The Company’s Shipbuilding Agreements with Philly Shipyard and NASSCO are subject to risks.
  • The Company’s terminals in Hawaii and Alaska require modernization.
  • Heightened security measures, war, actual or threatened terrorist attacks, efforts to combat terrorism and other acts of violence may adversely impact the Company’s operations and profitability.
  • Acquisitions may have an adverse effect on the Company’s business.
  • The Horizon and Span Alaska acquisitions may expose us to unknown liabilities.
  • We may continue to be exposed to risks and liabilities related to Horizon’s former Hawaii business.
  • We may be required to record a significant charge to earnings if recorded intangible assets associated with the Horizon and Span Alaska acquisitions became impaired.
  • Failure to comply with certain restrictive financial covenants contained in the Company’s credit facilities could preclude the payment of dividends, impose restrictions on the Company’s business segments, capital resources or other activities or otherwise adversely affect the Company.
  • The Company’s effective income tax rate may vary.
  • Changes in the value of pension assets, or a change in pension law or key assumptions, may adversely affect the Company’s financial performance.
  • The Company may have exposure under its multi-employer pension and post-retirement plans in which it participates that extends beyond its funding obligation with respect to the Company’s employees.
  • Compliance with safety and environmental protection and other governmental requirements may adversely affect our operations.
  • We are subject to regulation and liability under environmental laws that could result in substantial fines and penalties that may have a material adverse effect on our results of operations.
  • The Company is subject to, and may in the future be subject to disputes, legal or other proceedings, and government inquiries or investigations that could have an adverse effect on the Company.
  • Repeal, substantial amendment, or waiver of the Jones Act or its application would have an adverse effect on the Company’s business.
  • Non-compliance with, or changes to, federal, state or local law or regulations, including passage of climate change legislation or regulation, may adversely affect the Company’s business.
  • The Company’s business could be adversely affected if the Company were determined not to be a U.S. citizen under the Jones Act.
Content analysis ?
Positive
Negative
Uncertain
Constraining
Legalese
Litigous
Readability
8th grade Avg
New words: accelerated, albeit, category, containerized, GDP, grow, Hila, Kaimana, negative, pace, scrubber, situation, traditional, transferred, weighted
Removed: accrued, approximated, fewer, healthy, improved, largely, low, modestly, tourism, unemployment