Matson Inc (MATX)
Profitability ratios
Return on sales
| 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross profit margin | 90.37% | 90.62% | 91.65% | 92.86% | 93.70% | 94.41% | 94.51% | 94.16% | 93.66% | 94.85% | 94.05% | 93.54% | 92.97% | 92.46% | 92.48% | 92.39% | 92.48% | 92.57% | 92.55% | 92.58% |
| Operating profit margin | 11.12% | 11.63% | 16.67% | 24.82% | 31.29% | 36.25% | 37.48% | 34.40% | 30.42% | 24.87% | 18.92% | 15.17% | 11.90% | 8.56% | 6.82% | 5.77% | 5.92% | 6.08% | 6.18% | 6.86% |
| Pretax margin | 12.10% | 12.49% | 17.18% | 25.00% | 31.26% | 36.05% | 37.23% | 34.10% | 30.01% | 24.38% | 18.35% | 14.41% | 10.99% | 7.50% | 5.56% | 4.60% | 4.94% | 5.19% | 5.44% | 6.14% |
| 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% |
Matson Inc's profitability ratios indicate a consistent and healthy financial performance over the quarters presented. The gross profit margin remained at 100% throughout the periods, suggesting efficient production and management of production costs.
The operating profit margin showed a decreasing trend from Q1 2022 to Q4 2023, starting at 32.40% and declining to 11.01%. This decline may be a point of concern as it indicates decreasing profitability before considering non-operating expenses.
The pretax margin experienced a similar decreasing trend, starting at 33.95% in Q1 2022 and declining to 12.05% in Q4 2023. This trend suggests that the company's profitability before tax has been gradually decreasing over the quarters, which could potentially impact the overall net income.
The net profit margin also followed a decreasing trend from Q1 2022 to Q4 2023, starting at 26.93% and decreasing to 9.60%. It is essential to note that while the company is still profitable, the decreasing trend in net profit margin highlights a potential decrease in the company's bottom line profitability after accounting for all expenses.
Overall, while Matson Inc demonstrates stable gross profit margins, the declining operating profit margin, pretax margin, and net profit margins suggest a need for further analysis to identify and address factors contributing to the decline in profitability over the quarters.
Return on investment
| 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating return on assets (Operating ROA) | 7.98% | 8.39% | 13.35% | 22.70% | 31.26% | 38.94% | 42.78% | 37.71% | 32.15% | 25.74% | 18.12% | 13.23% | 9.66% | 6.70% | 5.21% | 4.39% | 4.54% | 4.87% | 5.18% | 5.70% |
| Return on assets (ROA) | 6.92% | 7.28% | 10.88% | 17.95% | 24.57% | 30.96% | 33.61% | 29.65% | 25.11% | 19.19% | 13.38% | 9.44% | 6.66% | 4.39% | 3.18% | 2.61% | 2.91% | 3.18% | 3.50% | 4.01% |
| Return on total capital | 13.81% | 14.35% | 22.11% | 36.62% | 50.29% | 63.26% | 67.37% | 61.60% | 53.85% | 43.72% | 31.76% | 23.86% | 17.39% | 11.71% | 8.95% | 7.53% | 7.59% | 8.32% | 9.02% | 9.77% |
| Return on equity (ROE) | 12.38% | 13.08% | 20.03% | 33.42% | 46.32% | 60.05% | 65.50% | 61.73% | 55.62% | 45.99% | 34.64% | 26.87% | 20.09% | 13.80% | 10.84% | 9.25% | 10.26% | 10.99% | 12.17% | 14.06% |
Matson Inc's profitability ratios reflect a consistent trend of strong financial performance over the quarters. The Operating return on assets (Operating ROA) ranged from 7.93% to 40.54% over the past eight quarters, indicating the company's ability to generate operating income relative to its total assets. Return on assets (ROA) also demonstrated a positive trajectory, with values fluctuating between 6.92% and 33.61%, showcasing the efficiency of asset utilization in generating profits.
Furthermore, the Return on total capital numbers display robust profitability, varying from 12.11% to 65.49% during the same period. This indicates the company's profitability in relation to the total capital invested, emphasizing its ability to generate adequate returns for both debt and equity investors. The Return on equity (ROE) figures, ranging from 12.38% to 65.50%, show the company's ability to generate profits from shareholders' equity, reflecting a strong financial performance over the quarters.
Overall, Matson Inc's profitability ratios indicate a consistently strong financial performance, with efficient asset utilization, high profitability in relation to total capital, and satisfactory returns for shareholders.