Matson Inc (MATX)

Net 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
Net income (ttm)	US$ in thousands	297,100	312,700	458,800	758,700	1,063,900	1,380,400	1,397,600	1,179,400	927,400	618,500	406,200	276,500	193,100	123,100	88,400	74,000	82,700	87,700	93,100	107,300
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
Net profit margin		9.64%	10.10%	13.57%	19.62%	24.59%	28.82%	29.44%	27.05%	23.76%	18.54%	13.97%	10.82%	8.20%	5.61%	4.17%	3.43%	3.79%	3.98%	4.18%	4.82%

December 31, 2023 calculation

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

Net profit margin is a key financial ratio that measures a company's profitability by expressing net income as a percentage of total revenue. In the case of Matson Inc, the net profit margin has shown fluctuations over the past eight quarters.

In Q4 2022, Matson Inc achieved a high net profit margin of 24.50%, indicating that the company generated $0.245 in net profit for every dollar of revenue. However, in the following quarters of Q1 2023 and Q2 2023, the net profit margin declined to 19.54% and 13.52% respectively. This reduction may suggest increasing costs or lower revenue relative to the fourth quarter of 2022.

Notably, in Q3 2022 and Q2 2022, the net profit margin reached its peak levels of 28.71% and 29.33% respectively, showcasing strong profitability during that period. However, in the most recent quarters of Q3 2023 and Q4 2023, the net profit margin decreased to 10.06% and 9.60% respectively, signifying a downward trend in profitability.

Overall, the fluctuation in Matson Inc's net profit margin reflects changes in the company's ability to generate profits from its operations relative to its revenue. Further analysis of the underlying factors influencing these fluctuations would be necessary to assess the company's financial performance accurately.