Matson Inc (MATX)
Net profit margin
Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
---|---|---|---|---|---|---|
Net income | US$ in thousands | 476,400 | 297,100 | 1,063,900 | 927,400 | 193,100 |
Revenue | US$ in thousands | 3,421,800 | 3,094,600 | 4,343,000 | 3,925,300 | 2,383,300 |
Net profit margin | 13.92% | 9.60% | 24.50% | 23.63% | 8.10% |
December 31, 2024 calculation
Net profit margin = Net income ÷ Revenue
= $476,400K ÷ $3,421,800K
= 13.92%
The net profit margin of Matson Inc has shown fluctuations over the years based on the provided data.
- In December 31, 2020, the net profit margin was 8.10%, indicating that for every dollar of revenue generated, the company retained $0.081 as profit after accounting for all expenses.
- There was a significant increase in profitability by December 31, 2021, with the net profit margin rising to 23.63%. This sharp increase suggests that the company effectively controlled costs and improved operational efficiency during this period.
- The trend continued into December 31, 2022, where the net profit margin further increased to 24.50%. This indicates sustained profitability and potentially strong financial performance during that year.
- However, by December 31, 2023, there was a notable decline in the net profit margin to 9.60%. This reduction may indicate challenges faced by the company in controlling costs or generating sufficient revenue to maintain the previous levels of profitability.
- The net profit margin improved slightly by December 31, 2024, reaching 13.92%. While this increase shows some recovery in profitability, it remains below the peak levels observed in 2021 and 2022.
In conclusion, Matson Inc's net profit margin has fluctuated over the years, with periods of significant improvement followed by declines. The company should continue to focus on cost management and revenue generation strategies to maintain and enhance its overall profitability.
Peer comparison
Dec 31, 2024