Matson Inc (MATX)
Gross profit margin
| Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross profit (ttm) | US$ in thousands | 855,900 | 762,600 | 658,300 | 626,500 | 623,900 | 640,000 | 813,000 | 1,177,000 | 1,531,500 | 1,889,900 | 1,935,800 | 1,662,400 | 1,367,700 | 1,014,900 | 742,000 | 580,500 | 479,000 | 388,000 | 338,100 | 325,400 |
| Revenue (ttm) | US$ in thousands | 3,421,800 | 3,320,400 | 3,185,900 | 3,111,900 | 3,094,600 | 3,107,300 | 3,394,600 | 3,882,300 | 4,343,000 | 4,808,400 | 4,765,200 | 4,379,000 | 3,925,300 | 3,358,400 | 2,932,000 | 2,581,200 | 2,383,300 | 2,223,900 | 2,150,800 | 2,184,600 |
| Gross profit margin | 25.01% | 22.97% | 20.66% | 20.13% | 20.16% | 20.60% | 23.95% | 30.32% | 35.26% | 39.30% | 40.62% | 37.96% | 34.84% | 30.22% | 25.31% | 22.49% | 20.10% | 17.45% | 15.72% | 14.90% |
December 31, 2024 calculation
Gross profit margin = Gross profit (ttm) ÷ Revenue (ttm)
= $855,900K ÷ $3,421,800K
= 25.01%
Matson Inc's gross profit margin has shown a generally increasing trend over the past few years, starting at 14.90% as of March 31, 2020, and reaching a peak of 40.62% by June 30, 2022. This upward trajectory reflects an improvement in the company's ability to generate profits on its sales after accounting for the cost of goods sold.
After peaking in June 2022, the gross profit margin experienced some fluctuations but remained relatively high compared to earlier periods. Despite a slight decline to 20.16% by December 31, 2023, the margin remained above 20% until the end of 2024.
The significant increase in gross profit margin from 14.90% in March 2020 to 25.01% in December 31, 2024, is indicative of Matson Inc's effective management of its production and pricing strategies, leading to improved profitability on its core operations. It is important for the company to continue monitoring and optimizing its cost structure and pricing policies to sustain and potentially further enhance its gross profit margin in the future.
Peer comparison
Dec 31, 2024