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Side-by-side financial comparison of Matson, Inc. (MATX) and Monolithic Power Systems (MPWR). Click either name above to swap in a different company.

Matson, Inc. is the larger business by last-quarter revenue ($851.9M vs $751.2M, roughly 1.1× Monolithic Power Systems). Monolithic Power Systems runs the higher net margin — 22.9% vs 16.8%, a 6.1% gap on every dollar of revenue. On growth, Monolithic Power Systems posted the faster year-over-year revenue change (20.8% vs -4.3%). Monolithic Power Systems produced more free cash flow last quarter ($63.9M vs $42.2M). Over the past eight quarters, Monolithic Power Systems's revenue compounded faster (28.1% CAGR vs 8.6%).

Matson, Inc., is an American shipping and navigation services company headquartered in Honolulu, Hawaii. Founded in 1882, Matson, Inc.'s subsidiary Matson Navigation Company provides ocean shipping services across the Pacific to Hawaii, Alaska, Guam, Micronesia, the Pacific islands, China, and Japan.

Monolithic Power Systems, Inc. is an American, publicly traded company headquartered in Kirkland, Washington. It operates in more than 15 locations worldwide.

MATX vs MPWR — Head-to-Head

Bigger by revenue
MATX
MATX
1.1× larger
MATX
$851.9M
$751.2M
MPWR
Growing faster (revenue YoY)
MPWR
MPWR
+25.1% gap
MPWR
20.8%
-4.3%
MATX
Higher net margin
MPWR
MPWR
6.1% more per $
MPWR
22.9%
16.8%
MATX
More free cash flow
MPWR
MPWR
$21.7M more FCF
MPWR
$63.9M
$42.2M
MATX
Faster 2-yr revenue CAGR
MPWR
MPWR
Annualised
MPWR
28.1%
8.6%
MATX

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
MATX
MATX
MPWR
MPWR
Revenue
$851.9M
$751.2M
Net Profit
$143.1M
$171.7M
Gross Margin
55.2%
Operating Margin
16.9%
26.6%
Net Margin
16.8%
22.9%
Revenue YoY
-4.3%
20.8%
Net Profit YoY
11.8%
-86.3%
EPS (diluted)
$4.47
$3.50

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
MATX
MATX
MPWR
MPWR
Q4 25
$851.9M
$751.2M
Q3 25
$880.1M
$737.2M
Q2 25
$830.5M
$664.6M
Q1 25
$782.0M
$637.6M
Q4 24
$890.3M
$621.7M
Q3 24
$962.0M
$620.1M
Q2 24
$847.4M
$507.4M
Q1 24
$722.1M
$457.9M
Net Profit
MATX
MATX
MPWR
MPWR
Q4 25
$143.1M
$171.7M
Q3 25
$134.7M
$179.8M
Q2 25
$94.7M
$135.0M
Q1 25
$72.3M
$135.1M
Q4 24
$128.0M
$1.3B
Q3 24
$199.1M
$144.4M
Q2 24
$113.2M
$100.4M
Q1 24
$36.1M
$92.5M
Gross Margin
MATX
MATX
MPWR
MPWR
Q4 25
55.2%
Q3 25
55.1%
Q2 25
55.1%
Q1 25
55.4%
Q4 24
55.4%
Q3 24
55.4%
Q2 24
55.3%
Q1 24
55.1%
Operating Margin
MATX
MATX
MPWR
MPWR
Q4 25
16.9%
26.6%
Q3 25
18.3%
26.5%
Q2 25
13.6%
24.8%
Q1 25
10.5%
26.5%
Q4 24
16.6%
26.3%
Q3 24
25.2%
26.5%
Q2 24
14.7%
23.0%
Q1 24
5.1%
20.9%
Net Margin
MATX
MATX
MPWR
MPWR
Q4 25
16.8%
22.9%
Q3 25
15.3%
24.4%
Q2 25
11.4%
20.3%
Q1 25
9.2%
21.2%
Q4 24
14.4%
201.8%
Q3 24
20.7%
23.3%
Q2 24
13.4%
19.8%
Q1 24
5.0%
20.2%
EPS (diluted)
MATX
MATX
MPWR
MPWR
Q4 25
$4.47
$3.50
Q3 25
$4.24
$3.74
Q2 25
$2.92
$2.81
Q1 25
$2.18
$2.81
Q4 24
$3.69
$25.71
Q3 24
$5.89
$2.95
Q2 24
$3.31
$2.05
Q1 24
$1.04
$1.89

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
MATX
MATX
MPWR
MPWR
Cash + ST InvestmentsLiquidity on hand
$141.9M
$1.3B
Total DebtLower is stronger
$361.2M
Stockholders' EquityBook value
$2.8B
$3.5B
Total Assets
$4.6B
$4.2B
Debt / EquityLower = less leverage
0.13×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
MATX
MATX
MPWR
MPWR
Q4 25
$141.9M
$1.3B
Q3 25
$92.7M
$1.3B
Q2 25
$59.1M
$1.1B
Q1 25
$122.0M
$1.0B
Q4 24
$266.8M
$862.9M
Q3 24
$270.3M
$1.5B
Q2 24
$168.2M
$1.3B
Q1 24
$25.9M
$1.3B
Total Debt
MATX
MATX
MPWR
MPWR
Q4 25
$361.2M
Q3 25
$370.9M
Q2 25
$341.3M
Q1 25
$351.1M
Q4 24
$361.2M
Q3 24
$370.9M
Q2 24
$381.0M
Q1 24
$390.8M
Stockholders' Equity
MATX
MATX
MPWR
MPWR
Q4 25
$2.8B
$3.5B
Q3 25
$2.7B
$3.4B
Q2 25
$2.6B
$3.2B
Q1 25
$2.6B
$3.1B
Q4 24
$2.7B
$3.0B
Q3 24
$2.6B
$2.4B
Q2 24
$2.4B
$2.2B
Q1 24
$2.4B
$2.1B
Total Assets
MATX
MATX
MPWR
MPWR
Q4 25
$4.6B
$4.2B
Q3 25
$4.6B
$4.1B
Q2 25
$4.5B
$3.9B
Q1 25
$4.5B
$3.7B
Q4 24
$4.6B
$3.5B
Q3 24
$4.4B
$2.9B
Q2 24
$4.3B
$2.6B
Q1 24
$4.2B
$2.6B
Debt / Equity
MATX
MATX
MPWR
MPWR
Q4 25
0.13×
Q3 25
0.14×
Q2 25
0.13×
Q1 25
0.13×
Q4 24
0.14×
Q3 24
0.15×
Q2 24
0.16×
Q1 24
0.16×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
MATX
MATX
MPWR
MPWR
Operating Cash FlowLast quarter
$176.9M
$104.9M
Free Cash FlowOCF − Capex
$42.2M
$63.9M
FCF MarginFCF / Revenue
5.0%
8.5%
Capex IntensityCapex / Revenue
15.8%
5.5%
Cash ConversionOCF / Net Profit
1.24×
0.61×
TTM Free Cash FlowTrailing 4 quarters
$153.7M
$666.2M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
MATX
MATX
MPWR
MPWR
Q4 25
$176.9M
$104.9M
Q3 25
$175.6M
$239.3M
Q2 25
$105.6M
$237.6M
Q1 25
$89.0M
$256.4M
Q4 24
$174.7M
$167.7M
Q3 24
$248.6M
$231.7M
Q2 24
$307.9M
$141.0M
Q1 24
$36.6M
$248.1M
Free Cash Flow
MATX
MATX
MPWR
MPWR
Q4 25
$42.2M
$63.9M
Q3 25
$92.4M
$196.8M
Q2 25
$19.3M
$189.5M
Q1 25
$-200.0K
$216.0M
Q4 24
$49.3M
$102.9M
Q3 24
$189.0M
$197.9M
Q2 24
$238.1M
$109.5M
Q1 24
$-18.7M
$232.1M
FCF Margin
MATX
MATX
MPWR
MPWR
Q4 25
5.0%
8.5%
Q3 25
10.5%
26.7%
Q2 25
2.3%
28.5%
Q1 25
-0.0%
33.9%
Q4 24
5.5%
16.5%
Q3 24
19.6%
31.9%
Q2 24
28.1%
21.6%
Q1 24
-2.6%
50.7%
Capex Intensity
MATX
MATX
MPWR
MPWR
Q4 25
15.8%
5.5%
Q3 25
9.5%
5.8%
Q2 25
10.4%
7.2%
Q1 25
11.4%
6.3%
Q4 24
14.1%
10.4%
Q3 24
6.2%
5.5%
Q2 24
8.2%
6.2%
Q1 24
7.7%
3.5%
Cash Conversion
MATX
MATX
MPWR
MPWR
Q4 25
1.24×
0.61×
Q3 25
1.30×
1.33×
Q2 25
1.12×
1.76×
Q1 25
1.23×
1.90×
Q4 24
1.36×
0.13×
Q3 24
1.25×
1.60×
Q2 24
2.72×
1.40×
Q1 24
1.01×
2.68×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

MATX
MATX

Ocean Transportation Segment$704.2M83%
Logistics Services Segment$147.7M17%

MPWR
MPWR

Segment breakdown not available.

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