Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-K ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2025 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission file number 001-34187 Matson, Inc. (Exact name of registrant as specified in its charter) (State or other jurisdiction of (I.R.S. Employer inc ...

Transcript: Matson Q4 2025 Earnings Conference Callby Benzinga Insights Benzinga Staff WriterFollowMatson (NYSE:MATX) reported fourth-quarter financial results on Tuesday. The transcript from the company's fourth-quarter earnings call has been provided below.Benzinga APIs provide real-time access to earnings call transcripts and financial data. Visit https://www.benzinga.com/apis/ to learn more.The full earnings call is available at https://edge.media-server.com/mmc/p/dacgw6mk/Full TranscriptOPERATORSarah ...

Matson (NYSE:MATX) Q4 2025 Earnings call February 24, 2026 04:30 PM ET Company ParticipantsJoel Wine - Executive VP and CFOJustin Schoenberg - Director of Investor Relations and Corporate DevelopmentMatt Cox - Chairman and CEOConference Call ParticipantsJake Lacks - VP and Equity AnalystReed Seay - Equity Research AnalystOperatorThank you for standing by, and welcome to the Matson's Fourth Quarter 2025 Financial Results Conference Call. At this time, all participants are in listen-only mode. After the speak ...

Matson (NYSE:MATX) Q4 2025 Earnings call February 24, 2026 04:30 PM ET Company ParticipantsJoel Wine - Executive VP and CFOJustin Schoenberg - Director of Investor Relations and Corporate DevelopmentMatt Cox - Chairman and CEOConference Call ParticipantsJake Lacks - VP and Equity AnalystReed Seay - Equity Research AnalystOperatorThank you for standing by, and welcome to the Matson's Fourth Quarter 2025 Financial Results Conference Call. At this time, all participants are in listen-only mode. After the speak ...

Matson (NYSE:MATX) Q4 2025 Earnings call February 24, 2026 04:30 PM ET Speaker5Thank you for standing by, and welcome to the Matson's Fourth Quarter 2025 Financial Results Conference Call. At this time, all participants are in listen-only mode. After the speaker's presentation, there will be a question-and-answer session. To ask a question during this session, you'll need to press star one one on your telephone. If your question has been answered and you'd like to remove yourself from the queue, simply pres ...

4Q 2025 Earnings Conference Call February 24, 2026 Forward-Looking Statements Statements made during this presentation that set forth expectations, predictions, projections or are about future events are based on facts and situations that are known to us as of February 24, 2026. We believe that our expectations and assumptions are reasonable. Actual results may differ materially, due to risks and uncertainties, such as those described on pages 28-40 of our Form 10-Q filed on November 5, 2025 and other subse ...

Core Insights - Artificial intelligence (AI) is identified as the greatest investment opportunity of the current era, with a strong emphasis on the urgent need for energy to support its growth [1][2][3] Investment Opportunity - A specific company is highlighted as a potential investment opportunity, possessing critical energy infrastructure assets that are essential for meeting the increasing energy demands of AI data centers [3][7] - This company is not a chipmaker or cloud platform but is positioned to benefit significantly from the anticipated surge in electricity demand driven by AI technologies [3][6] Energy Demand and Infrastructure - AI technologies, particularly large language models like ChatGPT, are extremely energy-intensive, with data centers consuming as much energy as small cities [2] - The company in focus is involved in the U.S. LNG exportation sector, which is expected to grow under the current administration's energy policies [7] Financial Position - The company is noted for being completely debt-free and holding a substantial cash reserve, amounting to nearly one-third of its market capitalization [8] - It is trading at a low valuation of less than 7 times earnings, making it an attractive option for investors seeking exposure to AI and energy sectors [10] Market Trends - The article discusses the broader trends of onshoring and tariffs that are influencing the energy and manufacturing sectors, positioning the company favorably within these dynamics [5][14] - The influx of talent into the AI sector is expected to drive continuous innovation and advancements, further solidifying the importance of energy infrastructure [12] Conclusion - The company is portrayed as a key player in the intersection of AI and energy, with the potential for significant returns as the demand for AI-driven technologies continues to rise [11][13]

Group 1 - The article does not provide any relevant content regarding the company or industry [1]

Core Insights - Matson, Inc. reported preliminary fourth quarter financial results that exceeded expectations, driven by strong demand in its China service and a stable trading environment due to the U.S.-China trade deal [2][6] - The company anticipates consolidated operating income for full year 2026 to approach the level achieved in 2025, supported by solid U.S. consumer demand [2][6] Financial Performance - For the fourth quarter of 2025, Matson expects consolidated operating income to be between $135.0 million and $145.0 million [6] - Projected net income for the fourth quarter is estimated to be between $131.3 million and $146.3 million, with diluted EPS expected to range from $4.22 to $4.70, including a tax benefit of approximately $0.77 per share [6][9] - The effective tax rate for the fourth quarter 2025 is estimated to be between 3.9% and 7.7%, significantly lower than the previous year's rate of 22.0% [9] Volume and Demand - Hawaii container volume increased by 0.6% due to higher general demand, while Alaska container volume decreased by 3.3% due to one less northbound sailing [7] - China container volume decreased by 7.2%, while Guam container volume increased by 4.4% and other containers volume rose by 11.6% [7] Share Repurchase and Liquidity - Matson repurchased approximately 0.7 million shares in the fourth quarter of 2025 for a total cost of $78.1 million, with about 1.1 million shares remaining in its repurchase program [9] - As of December 31, 2025, the company's cash and cash equivalents were approximately $141.9 million, with total debt at $361.2 million [9] Upcoming Events - A conference call to discuss the fourth quarter results is scheduled for February 24, 2026, at 4:30 p.m. ET [10]

Financial Performance - Matson, Inc. announced preliminary earnings for Q4 2025, with a focus on financial performance and operational metrics[5] - Specific financial figures and performance metrics will be detailed in the attached press release and investor presentation[5] Investor Communication - The company has posted an investor presentation on its website, providing detailed insights into its financial condition and future outlook[5]