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Matson inc   (MATX)
Other Ticker:  
 
    Sector  Services    Industry Cruise and Shipping
   Industry Cruise and Shipping
   Sector  Services
 

MATX's Net Income Growth by Quarter and Year

Matson Inc 's Net Income results by quarter and year




MATX Net Income (in millions $) FY 2024 FY 2023 FY 2022 FY 2021
IV Quarter December - 62.40 78.00 394.50
III Quarter September - 119.90 266.00 283.20
II Quarter June 113.20 80.80 380.70 162.50
I Quarter March 36.10 34.00 339.20 87.20
FY   149.30 297.10 1,063.90 927.40



MATX Net Income second quarter 2024 Y/Y Growth Comment
Matson inc reported Net Income rise of 40.1% year on year in the second quarter 2024, to $ 113.20 millions, this is lower than Matson Inc 's recent average Net Income rise of 56.33%.

Looking into second quarter 2024 results within Cruise and Shipping industry 2 other companies have achieved higher Net Income growth. While Matson Inc ' s Net Income jump of 40.1% ranks overall at the positon no. 918 in the second quarter 2024.




MATX Net Income ( Y/Y Growth %) 2024
2023 2022 2021
IV Quarter December - -20 % -80.23 % 360.86 %
III Quarter September - -54.92 % -6.07 % 299.44 %
II Quarter June 40.1 % -78.78 % 134.28 % 395.43 %
I Quarter March 6.18 % -89.98 % 288.99 % 2194.74 %
FY   - -72.07 % 14.72 % 380.27 %

Financial Statements
Matson Inc 's second quarter 2024 Net Income $ 113.20 millions MATX's Income Statement
Matson Inc 's second quarter 2023 Net Income $ 80.80 millions Quarterly MATX's Income Statement
New: More MATX's historic Net Income Growth >>


MATX Net Income (Quarter on Quarter Growth %)

2024
2023 2022 2021
IV Quarter December - -47.96 % -70.68 % 39.3 %
III Quarter September - 48.39 % -30.13 % 74.28 %
II Quarter June 213.57 % 137.65 % 12.23 % 86.35 %
I Quarter March -42.15 % -56.41 % -14.02 % 1.87 %
FY (Year on Year)   - -72.07 % 14.72 % 380.27 %




Net Income second quarter 2024 Y/Y Growth Company Ranking
Within: No.
Cruise and Shipping Industry #3
Services Sector #115
Overall #918

Net Income Y/Y Growth Statistics
High Average Low
402.44 % 56.33 % -77.35 %
(Sep 30 2021)   (Sep 30 2023)
Net Income second quarter 2024 Y/Y Growth Company Ranking
Within: No.
Cruise and Shipping Industry #3
Services Sector #115
Overall #918
Net Income Y/Y Growth Statistics
High Average Low
402.44 % 56.33 % -77.35 %
(Sep 30 2021)   (Sep 30 2023)

Net Income by Quarter for the Fiscal Years 2021, 2022, 2023, 2024

Matson Inc 's Q/Q Net Income Growth


Net Income Q/Q Growth Statistics
High Average Low
763.16 % 55.36 % -91.49 %
(Jun 30 2020)  


MATX's II. Quarter Q/Q Net Income Comment
Matson inc achieved in the II. Quarter 2024 above company average sequential Net Income doubling of 213.57%, to $ 113.20 millions, from $36.10 millions in the first quarter.
Matson Inc is impressively improving, not only reporting higher then regular gain, but also improving rate, Hanna Karlsson, Services sector veteran said.

Within Cruise and Shipping industry Matson inc achieved highest sequential Net Income growth. While Matson Inc 's Net Income growth quarter on quarter, overall rank is 121.


Net Income Q/Q Growth Company Ranking
Within: No.
Cruise and Shipping Industry #1
Services Sector #16
Overall #121
Net Income Q/Q Growth Company Ranking
Within: No.
Cruise and Shipping Industry #1
Services Sector #16
Overall #121
Net Income Q/Q Growth Statistics
High Average Low
763.16 % 55.36 % -91.49 %
(Jun 30 2020)  


MATX's II. Quarter Q/Q Net Income Comment
Matson inc achieved in the II. Quarter 2024 above company average sequential Net Income doubling of 213.57%, to $ 113.20 millions, from $36.10 millions in the first quarter.
MATX is undergoing a remarkable growth, with reporting better then regular gain, and additionally accelerating rate, Hanna Karlsson, Services sector veteran added.

Within Cruise and Shipping industry Matson inc achieved highest sequential Net Income growth. While Matson Inc 's Net Income growth quarter on quarter, overall rank is 121.


Matson Inc 's 12 Months Net Income Growth Year on Year


Net Income TTM Growth

12 Months Ending
(Jun 30 2024)
12 Months Ending
(Mar 31 2024)
12 Months Ending
(Dec 31 2023)
12 Months Ending
(Sep 30 2023)
12 Months Ending
(Jun 30 2023)
Cumulative Net Income 12 Months Ending $ 331.60 $ 299.20 $ 297.10 $ 312.70 $ 458.80
Y / Y Net Income Growth (TTM) -27.72 % -60.56 % -72.07 % -77.35 % -67.17 %
Year on Year Net Income Growth Overall Ranking # 1053 # 1139 # 352 # 215 # 44
Seqeuential Net Income Change (TTM) 10.83 % 0.71 % -4.99 % -31.84 % -39.53 %
Seq. Net Income Growth (TTM) Overall Ranking # 1209 # 1599 # 1771 # 1963 # 1964




Cumulative Net Income growth Comment
Matson Inc showed decline, but improvement compare to trailing twelve month Net Income decrease in Mar 31 2024. If the fiscal year would end in Jun 30 2024, Matson Inc 's annual Net Income drop would be -27.72% year on year to $332 millions.

In the Services sector 132 other companies have achieved higher trailing twelve month Net Income growth. While Total ranking has impoved so far to 1053, from total ranking in previous quarter at 1139.

Net Income TTM Q/Q Growth Statistics
High Average Low
402.44 %
56.33 %
-77.35 %
(Sep 30 2021)  

Net Income TTM Y/Y Growth Company Ranking
Within: No.
Cruise and Shipping Industry # 3
Services Sector # 133
Overall # 1053

Net Income TTM Y/Y Growth Statistics
High Average Low
402.44 %
56.33 %
-77.35 %
 


Net Income TTM Q/Q Growth Company Ranking
Within: No.
Industry # 3
Sector # 165
S&P 500 # 1352
Cumulative Net Income growth Comment
Matson Inc showed decline, but improvement compare to trailing twelve month Net Income decrease in Mar 31 2024. If the fiscal year would end in Jun 30 2024, Matson Inc 's annual Net Income drop would be -27.72% year on year to $332 millions.

In the Services sector 132 other companies have achieved higher trailing twelve month Net Income growth. While Total ranking has impoved so far to 1053, from total ranking in previous quarter at 1139.

Net Income TTM Q/Q Growth Statistics
High Average Low
402.44 %
56.33 %
-77.35 %
(Sep 30 2021)  


Net Income TTM Y/Y Growth Company Ranking
Within: No.
Cruise and Shipping Industry # 3
Services Sector # 133
Overall # 1053

Net Income TTM Y/Y Growth Statistics
High Average Low
402.44 %
56.33 %
-77.35 %
 


Net Income TTM Q/Q Growth Company Ranking
Within: No.
Industry # 3
Sector # 165
S&P 500 # 1352




Other Net Income Growth
Cruise and Shipping Industry Net Income Growth Trends and Statistics
Services Sector Net Income Growth Statistics
Net Income Growth Trends for overall market
MATX's Net Income Growth Ratio versus Cruise and Shipping Industry, Services Sector and total Market
Highest Ranking Net Income Growth
Lowest Ranking Net Income Growth
Net Income Growth for MATX's Competitors
Net Income Growth for Matson Inc 's Suppliers
Net Income Growth for MATX's Customers

You may also want to know
MATX's Annual Growth Rates MATX's Profitability Ratios MATX's Asset Turnover Ratio MATX's Dividend Growth
MATX's Roe MATX's Valuation Ratios MATX's Financial Strength Ratios MATX's Dividend Payout Ratio
MATX's Roa MATX's Inventory Turnover Ratio MATX's Growth Rates MATX's Dividend Comparisons



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