Matson, Inc.
Cash Flow Statement
| Line Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||
| Net Income | $444.8M | $476.4M | $297.1M | $1.06B | $927.4M | $193.1M | $82.7M | $109.0M |
| Depreciation & Amortization | $166.9M | $153.1M | $142.2M | $139.2M | — | $114.9M | $100.4M | $94.4M |
| Depreciation | $147.4M | $135.4M | $124.4M | $123.5M | $117.1M | $97.1M | $86.3M | $80.5M |
| Amortization | $13.2M | $12.8M | $13.6M | $11.4M | $10.9M | $10.9M | $11.1M | $11.2M |
| Stock-Based Compensation | $22.7M | $26.5M | $23.8M | $18.3M | $19.3M | $18.8M | $11.3M | $12.1M |
| Net Cash from Operating Activities | $547.1M | $767.8M | $510.5M | $1.27B | $984.1M | $429.8M | $248.8M | $305.0M |
| Investing Activities | ||||||||
| Capital Expenditures | $393.4M | $310.1M | $248.4M | $209.3M | — | — | — | — |
| Business Acquisitions | — | — | — | — | — | — | — | — |
| Net Cash from Investing Activities | $-265.6M | $-336.1M | $-338.2M | $-729.3M | $-323.4M | $-177.0M | $-306.9M | $-260.3M |
| Financing Activities | ||||||||
| Dividends Paid | $44.9M | $44.8M | $45.0M | $48.0M | $45.9M | $39.2M | $37.2M | $35.4M |
| Stock Repurchases | $303.3M | $199.1M | $155.2M | $397.0M | $198.3M | — | — | — |
| Net Cash from Financing Activities | $-406.4M | $-301.2M | $-289.7M | $-576.6M | $-392.7M | $-261.5M | $62.0M | $-40.0M |
| Net Change in Cash | — | — | — | — | — | — | — | — |
| Free Cash Flow | $153.7M | $457.7M | $262.1M | $1.06B | — | — | — | — |