Matson Inc (MATX)

Operating return on assets (Operating ROA)

		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
Operating income (ttm)	US$ in thousands	549,700	477,500	367,300	340,600	342,800	360,100	494,000	890,400	1,284,300	1,667,200	1,779,100	1,499,900	1,187,500	829,700	550,200	387,500	280,300	188,000	144,800	124,600
Total assets	US$ in thousands	4,595,400	4,442,200	4,273,900	4,219,900	4,417,900	4,292,800	4,218,100	4,227,300	4,330,000	4,459,000	4,158,600	3,977,500	3,693,100	3,222,800	3,036,200	2,929,700	2,900,600	2,806,700	2,777,600	2,835,900
Operating ROA		11.96%	10.75%	8.59%	8.07%	7.76%	8.39%	11.71%	21.06%	29.66%	37.39%	42.78%	37.71%	32.15%	25.74%	18.12%	13.23%	9.66%	6.70%	5.21%	4.39%

December 31, 2024 calculation

Operating ROA = Operating income (ttm) ÷ Total assets
= $549,700K ÷ $4,595,400K
= 11.96%

Matson Inc's operating return on assets (operating ROA) has shown fluctuating trends over the periods analyzed. The operating ROA increased steadily from March 31, 2020, to June 30, 2022, reaching its peak at 42.78% on June 30, 2022. This upward trend indicates improving operational efficiency and profitability in utilizing its assets during this period.

However, starting from September 30, 2022, the operating ROA declined, reaching its lowest point at 7.76% on December 31, 2023. This decline suggests challenges in maintaining or improving operational performance and efficiency in the utilization of assets during this period.

Subsequently, there was a slight recovery in the operating ROA, reaching 11.96% on December 31, 2024. Despite the improvement from the lowest point, Matson Inc may need to focus on strategies to sustainably enhance its operational efficiency and profitability in utilizing its assets to ensure long-term success and growth.