Matson Inc. reports third quarter net income of $134.7 million on revenue of $880.1 million

Reuters
2025.11.04 21:09
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Matson Inc. reported a third quarter net income of $134.7 million, down from $199.1 million a year earlier, with revenue of $880.1 million compared to $962.0 million in Q3 2024. Operating income fell to $161.0 million from $242.3 million, and EBITDA decreased to $212.3 million from $289.4 million. The company repurchased 0.6 million shares and anticipates a 30% decline in operating income for Q4 2025 due to lower freight rates and container volumes in its China service.

Matson Inc. reported net income of $134.7 million, or $4.24 per diluted share, for the third quarter of 2025, compared to $199.1 million, or $5.89 per diluted share, in the same period of 2024. Consolidated revenue was $880.1 million, down from $962.0 million in the third quarter of 2024. Consolidated operating income was $161.0 million versus $242.3 million a year earlier, and EBITDA was $212.3 million compared to $289.4 million in the prior year period. During the quarter, Matson repurchased approximately 0.6 million shares. The company expects consolidated operating income for the fourth quarter of 2025 to be approximately 30% lower than the same period in 2024. Lower freight rates and container volumes in the China service contributed to the year-over-year decreases. Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Matson Inc. published the original content used to generate this news brief via PR Newswire (Ref. ID: SF14900) on November 04, 2025, and is solely responsible for the information contained therein. © Copyright 2025 - Public Technologies (PUBT)