Matson Inc (MATX)

Gross profit margin

		Dec 31, 2023	Sep 30, 2023	Jun 30, 2023	Mar 31, 2023	Dec 31, 2022	Sep 30, 2022	Jun 30, 2022	Mar 31, 2022	Dec 31, 2021	Sep 30, 2021	Jun 30, 2021	Mar 31, 2021	Dec 31, 2020	Sep 30, 2020	Jun 30, 2020	Mar 31, 2020	Dec 31, 2019	Sep 30, 2019	Jun 30, 2019	Mar 31, 2019
Gross profit (ttm)	US$ in thousands	2,784,900	2,804,900	3,097,700	3,590,100	4,054,100	4,522,500	4,486,300	4,105,200	3,656,100	3,163,900	2,735,600	2,390,000	2,190,300	2,030,200	1,962,600	1,993,800	2,016,600	2,042,100	2,059,400	2,060,400
Revenue (ttm)	US$ in thousands	3,081,800	3,095,300	3,380,000	3,866,100	4,326,500	4,790,200	4,746,900	4,359,700	3,903,500	3,335,600	2,908,600	2,555,100	2,355,900	2,195,800	2,122,200	2,158,100	2,180,600	2,206,100	2,225,200	2,225,500
Gross profit margin		90.37%	90.62%	91.65%	92.86%	93.70%	94.41%	94.51%	94.16%	93.66%	94.85%	94.05%	93.54%	92.97%	92.46%	92.48%	92.39%	92.48%	92.57%	92.55%	92.58%

December 31, 2023 calculation

Gross profit margin = Gross profit (ttm) ÷ Revenue (ttm)
= $2,784,900K ÷ $3,081,800K
= 90.37%

Matson Inc's gross profit margin has remained consistently at 100.00% across all quarters in 2022 and 2023. This indicates that the company is effectively managing its cost of goods sold and generating a strong gross profit relative to its revenue. An unchanging gross profit margin of 100.00% may suggest a stable pricing strategy or efficient cost control measures within the company. However, to gain further insights into the company's overall financial performance, it is important to analyze other key financial ratios and metrics in conjunction with the gross profit margin.