Matson Inc (MATX)

Operating return on assets (Operating ROA)

Dec 31, 2024 Dec 31, 2023 Dec 31, 2022 Dec 31, 2021 Dec 31, 2020
Operating income US$ in thousands 551,300 340,600 1,353,600 1,187,500 280,300
Total assets US$ in thousands 4,595,400 4,294,600 4,330,000 3,693,100 2,900,600
Operating ROA 12.00% 7.93% 31.26% 32.15% 9.66%

December 31, 2024 calculation

Operating ROA = Operating income ÷ Total assets
= $551,300K ÷ $4,595,400K
= 12.00%

Matson Inc's operating return on assets (operating ROA) has exhibited significant fluctuations over the past five years, starting at 9.66% on December 31, 2020, and reaching a peak of 32.15% on December 31, 2021. The company maintained a strong operating ROA of 31.26% on December 31, 2022, indicating robust operational efficiency.

However, there was a notable decline in performance by December 31, 2023, with operating ROA dropping to 7.93%. This substantial decrease suggests a potential decrease in operational effectiveness or profitability during that period.

Matson Inc managed to recover somewhat by December 31, 2024, as its operating ROA improved to 12.00%. While this indicates a better performance compared to the previous year, the operating ROA remains below the levels seen in 2021 and 2022.

In conclusion, the fluctuating trend in Matson Inc's operating ROA reflects varying levels of operational efficiency and profitability over the five-year period, highlighting the importance of closely monitoring and analyzing this ratio to assess the company's performance.