Matson, Inc. (MATX) quarterly cash flow statement — complete operating, investing & financing history
| Metric | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 | Q3'21 | Q2'21 |
|---|
| Cash from Operations | 94M | 176.9M | 173.5M | 105.6M | 89M | 174.7M | 248.6M | 307.9M | 36.6M | 111.4M | 152.6M | 149.8M | 96.7M | 169.4M | 411.4M | 417.2M | 273.9M | 400.8M | 344.5M | 115.9M |
| Operating CF Margin % | 12.4% | 20.77% | 19.71% | 12.72% | 11.38% | 19.62% | 25.84% | 36.33% | 5.07% | 14.12% | 18.44% | 19.37% | 13.72% | 21.13% | 36.9% | 33.08% | 23.5% | 31.63% | 32.15% | 13.25% |
| Operating CF Growth % | 5.62% | 1.26% | -30.21% | -65.7% | 143.17% | 56.82% | 62.91% | 105.54% | -62.15% | -34.24% | -62.91% | -64.09% | -64.7% | -57.73% | 19.42% | 259.97% | 122.86% | 152.08% | 164.59% | 60.97% |
| Net Income | 56.6M | 143.1M | 134.7M | 94.7M | 72.3M | 128M | 199.1M | 113.2M | 36.1M | 62.4M | 119.9M | 80.8M | 34M | 78M | 266M | 380.7M | 339.2M | 394.5M | 283.2M | 162.5M |
| Depreciation & Amortization | 83.6M | 77.2M | 81.2M | 73.6M | 75.1M | 70M | 73.2M | 73M | 71.5M | 70.1M | 68.5M | 72.4M | 75.4M | 74.8M | 73.1M | 74.6M | 71.8M | 64.4M | 57.7M | 58.7M |
| Stock-Based Compensation | 0 | 5.7M | 0 | 5.9M | 5.8M | 7.4M | 7.1M | 6.3M | 5.7M | 6.2M | 7.8M | 5.2M | 4.6M | 2.8M | 5M | 5.8M | 4.7M | 5.1M | 4.7M | 4.7M |
| Deferred Taxes | 700K | -10M | 9.7M | -100K | 400K | 4.7M | 8.7M | 5.2M | 2.3M | 28.9M | -6.3M | -1.6M | -1.4M | -56.1M | 136.9M | 2.8M | 6.6M | 2.9M | 15.1M | 8.7M |
| Other Non-Cash Items | -6.9M | 13.6M | -13.6M | -10.1M | -18.9M | -4M | -13.3M | -17.7M | 6.3M | -11.3M | -9.7M | -6.7M | -700K | -21M | -10.9M | -5M | -34.2M | -31.5M | 4.4M | -10.1M |
| Working Capital Changes | -40M | -52.7M | -38.5M | -58.4M | -45.7M | -31.4M | -26.2M | 127.9M | -85.3M | -44.9M | -27.6M | -300K | -15.2M | 90.9M | -58.7M | -41.7M | -114.2M | -34.6M | -20.6M | -108.6M |
| Change in Receivables | -1.1M | 21.3M | 10.7M | -18.1M | -1.6M | 41.5M | -2.8M | -5.2M | -23.7M | 26.2M | -20.3M | -2.3M | -14.5M | 60.7M | 51.5M | -9.9M | -27.7M | -15.1M | 0 | -52.5M |
| Change in Inventory | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -44.3M | -16.2M | 0 | 0 | 0 | 0 | 0 | -35.2M | 0 | 0 |
| Change in Payables | 1M | -25.7M | -5.1M | 2.3M | -5.3M | -33.2M | 10.2M | 51.7M | -34.3M | -23.5M | 30.8M | 12M | -8.4M | -26.7M | -9.5M | 20.7M | -16.2M | 9.4M | 26.5M | -1.9M |
| Cash from Investing | -36.8M | -29.2M | -53M | -54M | -129.4M | -127.3M | -77.7M | -72.1M | -59M | -67.5M | -68.9M | -48.3M | -153.5M | -36.4M | -613.9M | -32.6M | -46.4M | -80.9M | -142.9M | -62.5M |
| Capital Expenditures | -48.4M | -89.2M | -83.2M | 89.2M | -89.2M | -124.7M | -60.3M | -69.8M | -55.3M | -60.9M | -61.2M | -90.4M | -48.3M | -85.8M | -45.5M | -33M | -46.8M | -80.6M | -143.4M | -62.8M |
| CapEx % of Revenue | 6.39% | 10.47% | 9.45% | 10.74% | 11.41% | 14.01% | 6.27% | 8.24% | 7.66% | 7.72% | 7.4% | 11.69% | 6.85% | 10.7% | 4.08% | 2.62% | 4.02% | 6.36% | 13.38% | 7.18% |
| Acquisitions | 0 | 0 | -100K | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -800K | 0 | 0 | 0 | 0 | 0 |
| Investments | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Other Investing | 11.6M | 100.4M | 0 | -183.6M | 200K | -56.4M | 1.2M | 900K | 2.3M | 1.1M | 0 | -200K | 300K | 2.6M | -2.6M | 400K | 400K | -300K | 500K | 300K |
| Cash from Financing | -99M | -98.5M | -86.9M | -114.5M | -104.4M | -53.3M | -68.8M | -93.4M | -85.7M | -68M | -49.2M | -68M | -104.5M | -126M | -165.1M | -168.4M | -117.1M | -113.4M | -143.1M | -47.8M |
| Debt Issued (Net) | -10.1M | -9.7M | -10.1M | -9.8M | -10.1M | -9.7M | -10.1M | -9.8M | -10.1M | -9.7M | -12.1M | -14.3M | -40.8M | -14.3M | -64.7M | -18.1M | -14.4M | -18.2M | -14.3M | -37.4M |
| Equity Issued (Net) | -52.8M | -77.5M | -65.4M | -93.5M | -66.9M | -31.7M | -47.3M | -72.8M | -47.3M | -47M | -25.7M | -42.5M | -40M | -100.1M | -88.4M | -138.1M | -70.4M | -82.6M | -115.7M | -300K |
| Dividends Paid | -11M | -11.2M | -11.4M | -11M | -11.3M | -11.3M | -11.4M | -11M | -11.1M | -11.2M | -11.4M | -11.1M | -11.3M | -11.1M | -11.9M | -12.1M | -12.9M | -12.6M | -13.1M | -10.1M |
| Share Repurchases | -52.8M | -77.5M | -65.4M | -93.5M | -66.9M | -31.7M | -47.3M | -72.8M | -47.3M | -47M | -25.7M | -42.5M | -40M | -100.1M | -88.4M | -138.1M | -70.4M | -82.6M | -115.7M | -300K |
| Other Financing | -25.1M | -100K | 0 | -200K | -16.1M | -600K | 0 | 200K | -17.2M | -100K | 0 | -100K | -12.4M | -500K | -100K | -100K | -19.4M | 0 | 0 | 0 |
| Net Change in Cash | -41.8M | 49.2M | 33.6M | -62.9M | -144.8M | -5.9M | 102.1M | 142.4M | -108.1M | -24.1M | 34.5M | 33.5M | -161.3M | 7M | -367.6M | 216.2M | 110.4M | 206.5M | 58.5M | 5.6M |
| Free Cash Flow | 45.6M | 87.7M | 90.3M | 194.8M | -200K | 50M | 188.3M | 238.1M | -18.7M | 50.5M | 91.4M | 59.4M | 60.8M | 83.6M | 365.9M | 384.2M | 227.1M | 320.2M | 201.1M | 53.1M |
| FCF Margin % | 6.02% | 10.29% | 10.26% | 23.46% | -0.03% | 5.62% | 19.57% | 28.1% | -2.59% | 6.4% | 11.05% | 7.68% | 8.63% | 10.43% | 32.82% | 30.47% | 19.49% | 25.27% | 18.77% | 6.07% |
| FCF Growth % | 22900% | 75.4% | -52.04% | -18.19% | 98.93% | -0.99% | 106.02% | 300.84% | -130.76% | -39.59% | -75.02% | -84.54% | -73.23% | -73.89% | 81.95% | 623.54% | 169.08% | 310.51% | 189.77% | -6.35% |
| FCF per Share | 1.49 | 2.82 | 2.84 | 6.01 | -0.01 | 1.48 | 5.57 | 6.96 | -0.54 | 1.44 | 2.59 | 1.66 | 1.67 | 2.25 | 9.48 | 9.58 | 5.51 | 7.62 | 4.63 | 1.21 |
| FCF Conversion (FCF/Net Income) | 1.66x | 1.24x | 1.29x | 1.12x | 1.23x | 1.36x | 1.25x | 2.72x | 1.01x | 1.79x | 1.27x | 1.85x | 2.84x | 2.17x | 1.55x | 1.10x | 0.81x | 1.02x | 1.22x | 0.71x |
| Interest Paid | 0 | 0 | 0 | 0 | 1.7M | 600K | 1.8M | 3M | 500K | 1.5M | 0 | 0 | 0 | 2.6M | 5.2M | 3.9M | 4.5M | 4M | 4.9M | 4.7M |
| Taxes Paid | 0 | 0 | 0 | 0 | 1.6M | 0 | 0 | 113.2M | 1.1M | 0 | 0 | 0 | 0 | 2.8M | 700K | 108.6M | 103.1M | 79.5M | 86.9M | 0 |