Matson (MATX) FCF Margin (2009 - 2026)
Matson (MATX) recorded FCF Margin of -3.29% in Q2 2026, down 11.50 percentage points from 8.21% a year earlier and down 11.70 percentage points from the prior quarter.
Matson (MATX) FCF Margin (2009 - 2026) Analysis & Trends
On a TTM basis, Matson's FCF Margin came in at 7.06% as of Jun 30, 2026, down 4.09 percentage points year-over-year; for FY2025, it was 9.05%, down 7.12 percentage points from FY2024.
- Annual FCF Margin has a five-year change of -4.60 percentage points (FY2020 to FY2025).
- Across earlier years, FCF Margin came in at 16.17% in FY2024 (+5.99 pp), 10.18% in FY2023 (-15.72 pp), 25.90% in FY2022 (+8.74 pp) and 17.16% in FY2021 (+3.51 pp).
- The Q2 2026 figure is the lowest quarterly FCF Margin since Q4 2019.
- On a year-over-year basis, FCF Margin rose in four of the last eight quarters, with an average year-over-year change of -2.28 percentage points.
- Peak year-over-year performance for FCF Margin in the last five years was a gain of 24.55 percentage points in Q2 2022, against a drop of 24.26 percentage points in Q2 2025 at the low end.
- Per Business Quant, the preceding three quarters came in at 8.41% (Q1 2026), 8.72% (Q4 2025) and 15.68% (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Union Pacific | 178.63 Bn | 170.88 Bn | - | 24.48% |
| 2 | Csx | 94.16 Bn | 89.39 Bn | - | 25.49% |
| 3 | United Parcel Service | 83.47 Bn | 60.32 Bn | 22.04 Bn | 10.53% |
| 4 | Canadian Pacific Kansas City | 81.54 Bn | 81.26 Bn | 57.15 Mn | 22.21% |
| 5 | Fedex | 75.60 Bn | 41.80 Bn | 18.84 Bn | 7.16% |
| 6 | Norfolk Southern | 73.66 Bn | 68.13 Bn | - | 20.87% |
| 7 | Delta Air Lines | 60.67 Bn | 42.86 Bn | - | 1.49% |
| 8 | United Airlines Holdings | 39.17 Bn | -18.53 Bn | - | -9.37% |
| 9 | Old Dominion Freight Line | 34.72 Bn | 33.56 Bn | 1.56 Bn | 25.30% |
| 10 | Matson | 6.13 Bn | 5.54 Bn | 926.30 Mn | 12.10% |
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 12.10% |
| Jun 30, 2026 | -7.18% |
| Mar 31, 2026 | 6.03% |
| Dec 31, 2025 | 4.95% |
| Sep 30, 2025 | 10.50% |
| Jun 30, 2025 | 2.32% |
| Mar 31, 2025 | -0.03% |
| Dec 31, 2024 | 5.54% |
| Sep 30, 2024 | 19.65% |
| Jun 30, 2024 | 28.10% |
| Mar 31, 2024 | -2.59% |
| Dec 31, 2023 | 6.40% |
| Sep 30, 2023 | 11.05% |
| Jun 30, 2023 | 7.68% |
| Mar 31, 2023 | 8.63% |
| Dec 31, 2022 | 10.65% |
| Sep 30, 2022 | 32.82% |
| Jun 30, 2022 | 30.47% |
| Mar 31, 2022 | 19.49% |
| Dec 31, 2021 | 25.27% |
Matson FCF Margin API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=fcf-margin&ticker=MATX&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "fcf-margin", "ticker": "MATX", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=fcf-margin&ticker=MATX&period=max&api_key=YOUR_API_KEY");
const data = await res.json();