Matson, Inc.

MATXNYSEIndustrials● Active

$192.22

+$4.90(+2.62%)

Market Cap$5.8B

P/E Ratio—

52W High$192.62

52W Low$86.97

Avg Volume260K

Open$187.94

Beta1.29

Overview

Matson, Inc. (MATX) Free Cash Flow & Analysis

Annual & trailing free cash flow, FCF margin, YoY change, valuation ratios, and peer context.

MATX · free cash flow · updated Jun 8, 2026

Core FCF metrics

MATX · FCF · TTM · margin & CAGR

Free cash flow was $153.7M for FY2025 (fiscal year ending 2025-12-31), down 66.4% year-over-year The FCF margin was 4.6%. Five-year CAGR stands at -8.3%.

FY2025 Free Cash Flow$153.7M▼ -66.4% YoY

Trailing 12M (TTM)$418.4Mtrailing 4 quarters sum

FCF Margin4.6%$153.7M ÷ revenue

3-Year CAGR-47.5%FY2022 → FY2025

5-Year CAGR-8.3%FY2020 → FY2025

FormulaFCF = Operating Cash Flow − Capital ExpendituresTTM = trailing 4 quarters sumCAGR → N/A if either endpoint ≤ 0

Source: FMP /cash-flow-statement · SEC 10-K / 10-Q · USDUpdated: Jun 8, 2026

Annual free cash flow history

FCF ($B, upper) · YoY Growth % (lower)

Positive FCFNegative FCF

Free Cash Flow

YoY Growth %

Annual free cash flow data

MATX · free cash flow history · annual / quarterly

Fiscal YearOperating CFCapExFree Cash FlowYoY ChangeFCF Margin

FY2025Latest$545.0M(393M)$153.7M▼ 66.4%4.6%

FY2024$767.8M(310M)$457.7M▲ +74.6%13.4%

FY2023$510.5M(248M)$262.1M▼ 75.3%8.5%

FY2022$1.27B(209M)$1.06B▲ +61.3%24.5%

FY2021$984.1M(325M)$658.8M▲ +177.4%16.8%

FCF = Operating Cash Flow − Capital Expenditures · CapEx shown as (negative) · Source: SEC filings via FMP

FCF valuation metrics

MATX · P/FCF · FCF yield · FCF per share

Matson, Inc. (MATX) trades at a FCF yield of 7.19% and a price-to-free-cash-flow ratio of 14.2x. FCF per share stands at $13.58, calculated using trailing twelve-month FCF divided by basic weighted-average shares outstanding.

FCF Yield (TTM)

7.19%

Free Cash Flow ÷ Market Cap

per FMP freeCashFlowYieldTTM definition

FCF per Share (TTM)

$13.58

TTM FCF ÷ Shares Outstanding

Price / FCF

x14.2

Share Price ÷ FCF per Share

EV / FCF (TTM)

x15.3

Enterprise Value basis

Source: FMP /key-metrics-ttm · /cash-flow-statement Q · /income-statementFY2025 · 2025-12-31

Cash flow statement summary

MATX · cash flow statement · operating / investing / financing

For FY2025, Matson, Inc. generated $545.0M in operating cash flow and spent 393M in capital expenditures, yielding $153.7M in free cash flow.

Operating Activities

+$545.0M

Cash from core business operations

2025-12-31

Investing Activities

−$265.6M

CapEx, acquisitions & investments

2025-12-31

Financing Activities

−$404.3M

Buybacks, dividends & debt

2025-12-31

FCF FormulaOperating CF ($545.0M) − |CapEx| (393M) = FCF ($153.7M)

For the complete Operating / Investing / Financing line-item breakdown:

View Full Cash Flow Statement →

Free cash flow vs peers (Industrials)

MATX vs peers · FCF

#CompanyFree Cash FlowYoYFCF MarginRelative

Matson, Inc.YOU

MATX

$153.7M-66.4%4.6%

Space Exploration Technologies Corp.

SPCX

−$13.95B-159.0%-74.7%

Loss

Industrials · Sorted by FCF · FMP /cash-flow-statementFull FCF Rankings →

About Free Cash Flow & Methodology

Matson, Inc. (MATX) reported free cash flow of $153.7M for FY2025 (fiscal year ending 2025-12-31), down 66.4% year-over-year. The FCF margin was 4.6%.

Based on available data, Matson, Inc. has maintained positive free cash flow for at least 11 fiscal year(s). FCF peaked at $1.06B in FY2022. The 5-year CAGR stands at -8.3%.

Matson, Inc.'s FCF yield is 7.19% and price-to-FCF ratio is 14.2x for FY2025, based on the latest available data.

Data sourced from FMP /cash-flow-statement · SEC 10-K / 10-Q · USD.

Q&A and summaries align with SEC 10-K/10-Q cash flow disclosures and FMP /cash-flow-statement where noted.

Revenue Financial statements Net income Earnings Forecast Price history Market cap Cash on hand P/E ratio

Frequently asked questions

MATX free cash flow · 8 questions

Matson, Inc. free cash flow was $153.7M for FY2025, down 66.4% year-over-year. On a trailing twelve-month (TTM) basis, free cash flow stands at $418.4M.

MATX free cash flowMATX FCFMATX FCF 2025MATX free cash flow TTM

▸ Source: FMP /cash-flow-statement · US GAAP · Matson, Inc. · Matson, Inc. SEC 10-K & 10-Q filings · US GAAP · Last updated: Jun 8, 2026