Matson Inc (MATX)

Net profit margin

		Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Net income	US$ in thousands	297,100	1,063,900	927,400	193,100	82,700
Revenue	US$ in thousands	3,081,800	4,326,500	3,903,500	2,353,100	2,182,000
Net profit margin		9.64%	24.59%	23.76%	8.21%	3.79%

December 31, 2023 calculation

Net profit margin = Net income ÷ Revenue
= $297,100K ÷ $3,081,800K
= 9.64%

Matson Inc's net profit margin has shown fluctuation over the past five years. In 2023, the net profit margin is 9.60%, which is lower compared to the previous year's net profit margin of 24.50%. This decrease may indicate a decrease in profitability in the most recent year. However, it is important to note that the net profit margin in 2023 is still above the levels seen in 2020 (8.10%) and 2019 (3.75%).

The significant increase in the net profit margin from 2019 to 2020 suggests an improvement in profitability during that period. The subsequent increase from 2020 to 2022 shows a continued growth in profitability, reaching a peak of 24.50%. However, the decrease in 2023 raises questions about the company's ability to maintain its high level of profitability.

Overall, the analysis of Matson Inc's net profit margin indicates a mix of positive and negative trends in profitability over the past five years. It is important for investors and stakeholders to monitor future financial performance to assess whether the recent decrease in net profit margin is a temporary fluctuation or a sign of potential challenges for the company.