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