Matson Q3 net income falls to $134.7 million; Q4 operating income seen 30% lower
Matson reported third quarter 2025 net income of $134.7 million, or $4.24 per diluted share, down from $199.1 million, or $5.89 per share, a year earlier, on revenue of $880.1 million versus $962.0 million. The company now expects fourth quarter 2025 consolidated operating income to be approximately 30% lower than the $147.5 million achieved in the fourth quarter 2024, citing lower China freight rates and volume.
Key points
- Q3 2025 diluted EPS of $4.24 versus $5.89 in Q3 2024; net income $134.7 million versus $199.1 million
- Q3 2025 consolidated operating income of $161.0 million versus $242.3 million; China container volume down 12.8%
- Q4 2025 consolidated operating income expected to be approximately 30% lower than $147.5 million in Q4 2024
- Repurchased approximately 0.6 million shares for $66.4 million in Q3; declared $0.36 per share dividend payable December 4, 2025
The filing
Written by AI (Anthropic Claude, claude-haiku-5-5) on Nov 8, 2026, 12:58 AM ET, from the text of the filing and its press-release exhibits only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on November 04, 2025.
Briefs are written by AI from the filing text (each brief's own page names the model) and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the model's reading of the filing for shareholders, not a price forecast. Not investment advice.