NYSE$MATX

Matson Inc. · Q4 2021 earnings

Q4 2021 earnings · · Investor relations

Briefing

Matson's Q4 2021 earnings were announced, featuring an EPS of $9.39 and revenue of $1,267.0 million.

Matson reported a net income of $394.5 million, or $9.39 per diluted share, for the quarter ended December 31, 2021. Consolidated revenue for the fourth quarter 2021 was $1,267.0 million, driven primarily by China service strength.

  • 4Q21 EPS was $9.39
  • Full Year 2021 EPS was $21.47
  • Full Year 2021 Net Income and EBITDA were $927.4 million and $1,350.3 million, respectively
  • Year-over-year increase in 4Q21 and consolidated operating income was driven primarily by China service strength

Headline financials

Total Revenue

$1.27B

Previous: $700M+81.0%
EPS (adj)

$9.39

Previous: $1.96+379.1%
Hawaii Container Volume

41.5K

Previous: 37.6K+10.4%
Alaska Container Volume

19.4K

Previous: 17.6K+10.2%
China Container Volume

53.6K

Previous: 40.4K+32.7%
Guam Container Volume

5.7K

Previous: 5.0K+14.0%
Net Income

$395M

Previous: $85.6M+360.9%
Operating Income

$476M

Previous: $118M+304.0%
Gross Profit

$519M

Previous: $166M+212.3%
Cash & Equivalents

$282M

Previous: $14.4M+1861.1%
Total Assets

$3.69B

Previous: $2.9B+27.3%
Stock-Based Comp

$5.1M

Previous: $6.8M-25.0%

Revenue & EPS history

Matson · Revenue · Quarterly

$1.27B

Q4 2021+81%vs Q4 2020
Beat estimate in 13 of 16 quarters(81%)
ActualEstimate

Revenue by segment

Matson · $1.03B total across 1 segment · Q4 2021

  • Ocean Transportation
    $1.03B+88.6%

Forward guidance

For 2022, Matson expects supply chain congestion to remain largely in place through at least the October peak season and expects elevated demand for its China service for most of the year.

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 20 quarterly earnings reports · overlaid with Q4 2021

Historical avgQ4 2021

-0.7%

Avg return

Earnings day

+0.6%

Avg return

5 days after

+1.0%

Avg return

30 days after

49%

34 / 69 earnings

Positive

+15.2%

Q3 2024

Best reaction

-15.3%

Q1 2025

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q1 2026+9.7%+7.0%+9.2%
Q4 2025+1.0%+2.5%-5.4%
Q3 2025-1.4%-0.4%+10.7%
Q1 2025-15.3%-12.6%+1.8%
Q4 2024+1.7%-0.9%-10.1%
Q3 2024+15.2%+15.9%+14.0%
Q2 2024-0.9%-2.4%+4.2%
Q1 2024-4.1%+3.1%+12.5%
Q4 2023-2.4%-0.6%-7.4%
Q3 2023-2.3%-0.5%+5.6%
Q2 2023+1.1%+2.5%-6.0%
Q1 2023+4.9%+1.8%+12.8%
Q4 2022-7.8%-3.4%-15.3%
Q3 2022-10.0%-4.8%-13.9%
Q2 2022-9.1%-9.5%-19.6%
Q1 2022+6.3%+2.0%+3.1%
Q4 2021+9.7%+15.5%+35.9%
Q3 2021+8.5%+9.4%-2.4%
Q2 2021+3.7%+8.7%+21.8%
Q1 2021-1.6%-3.5%-5.9%
Q4 2020-4.4%-8.7%-11.5%
Q3 2020+10.8%+7.0%+11.6%
Q2 2020+6.4%+10.5%+11.7%
Q1 2020-7.1%-3.2%+9.5%
Q4 2019-12.0%-10.5%-12.8%
Q3 2019-2.1%-0.6%-4.5%
Q2 2019-3.1%-4.0%+1.3%
Q1 2019+0.7%-1.3%-6.8%
Q4 2018-2.8%+3.1%-1.4%
Q3 2018+14.3%+12.7%+5.2%
Q2 2018+2.5%+1.7%+5.9%
Q1 2018+5.9%+6.8%+17.1%
Q4 2017-14.6%-14.9%-16.8%
Q3 2017+6.8%+5.4%+7.7%
Q2 2017+3.1%+6.6%-11.0%
Q1 2017+4.2%+1.2%-4.1%
Q4 2016-8.6%-7.3%-14.6%
Q3 2016-12.3%-8.3%-2.4%
Q2 2016-4.7%-3.5%+9.3%
Q1 2016-12.7%
Q4 2015-5.8%
Q3 2015+9.2%
Q2 2015+6.0%
Q1 2015+3.1%
Q4 2014+7.6%
Q3 2014+4.3%
Q2 2014-2.7%
Q1 2014-6.1%
Q4 2013-3.7%
Q3 2013-13.6%
Q2 2013+0.0%
Q1 2013+7.6%
Q4 2012-0.5%
Q3 2012+3.7%
Q2 2012+3.7%
Q1 2012-1.1%
Q4 2011+2.8%
Q1 2009-8.2%
Q4 2008-8.2%
Q3 2011-8.8%
Q2 2011-7.1%
Q1 2010-8.1%
Q1 2011-8.1%
Q4 2010+1.8%
Q3 2009+0.4%
Q3 2010+0.4%
Q4 2009+1.3%
Q2 2009+1.3%
Q2 2010+1.3%

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