Matson Inc (MATX)
Pretax margin
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Earnings before tax but after interest (EBT) | US$ in thousands | 599,400 | 373,000 | 1,352,300 | 1,171,300 | 259,000 |
| Revenue | US$ in thousands | 3,421,800 | 3,094,600 | 4,343,000 | 3,925,300 | 2,383,300 |
| Pretax margin | 17.52% | 12.05% | 31.14% | 29.84% | 10.87% |
December 31, 2024 calculation
Pretax margin = EBT ÷ Revenue
= $599,400K ÷ $3,421,800K
= 17.52%
The pretax margin of Matson Inc has shown fluctuations over the past five years. In December 2021, the pretax margin significantly increased to 29.84%, indicating improved profitability before considering taxes. This positive trend continued in December 2022, with the pretax margin further increasing to 31.14%. However, there was a notable decline in December 2023, where the pretax margin dropped to 12.05%. In December 2024, there was a slight recovery as the pretax margin rose to 17.52%. Overall, while there have been fluctuations in the pretax margin, Matson Inc has demonstrated a strong performance in terms of generating profits before tax expenses over the analyzed period.
Peer comparison
Dec 31, 2024