Invesaro

Stocks Comparison

Matson vs Tidewater: revenue, profit, margins and growth compared

Matson brought in $3.3B of revenue in fiscal 2025, Tidewater $1.4B in fiscal 2025. Revenue changed by -2.3% at Matson and +0.5% at Tidewater on the year before, so Tidewater grew faster. Matson kept 13.3% of its revenue as net profit, Tidewater 24.7%. Free cash flow was $153.7M at Matson and $353.3M at Tidewater.

Side by side, latest fiscal year

MATXTDW
Fiscal year endedFY2025 (December 31, 2025)FY2025 (December 31, 2025)
Revenue$3.3B$1.4B
Revenue growth-2.3%+0.5%
Net income$444.8M$334.7M
Net margin13.3%24.7%
Free cash flow$153.7M$353.3M
Free cash flow margin4.6%26.1%
Earnings per share (diluted)$13.81$6.64
Cash$141.9M$578.8M
Debt$361.2M$670.1M
Price to earnings14.911.2
Market value$6.2B$3.7B
Dividend yield0.68%n/a
Rank by revenue in sector#287 of 1077 · Consumer discretionary#435 of 1077 · Consumer discretionary

Over the years

Revenue
MATX FY2018: $2.2BMATX FY2019: $2.2BMATX FY2020: $2.4BMATX FY2021: $3.9BMATX FY2022: $4.3BMATX FY2023: $3.1BMATX FY2024: $3.4BMATX FY2025: $3.3BTDW FY2018: $406.5MTDW FY2019: $486.5MTDW FY2020: $397MTDW FY2021: $371MTDW FY2022: $647.7MTDW FY2023: $1BTDW FY2024: $1.3BTDW FY2025: $1.4BFY18FY19FY20FY21FY22FY23FY24FY25
MATX $3.3BTDW $1.4B
Net income
MATX FY2018: $109MMATX FY2019: $82.7MMATX FY2020: $193.1MMATX FY2021: $927.4MMATX FY2022: $1.1BMATX FY2023: $297.1MMATX FY2024: $476.4MMATX FY2025: $444.8MTDW FY2018: -$171.5MTDW FY2019: -$141.7MTDW FY2020: -$196.2MTDW FY2021: -$129MTDW FY2022: -$21.7MTDW FY2023: $97.2MTDW FY2024: $180.7MTDW FY2025: $334.7MFY18FY19FY20FY21FY22FY23FY24FY25
MATX $444.8MTDW $334.7M
Net margin
MATX FY2018: 4.9%MATX FY2019: 3.8%MATX FY2020: 8.1%MATX FY2021: 23.6%MATX FY2022: 24.5%MATX FY2023: 9.6%MATX FY2024: 13.9%MATX FY2025: 13.3%TDW FY2018: -42.2%TDW FY2019: -29.1%TDW FY2020: -49.4%TDW FY2021: -34.8%TDW FY2022: -3.4%TDW FY2023: 9.6%TDW FY2024: 13.4%TDW FY2025: 24.7%FY18FY19FY20FY21FY22FY23FY24FY25
MATX 13.3%TDW 24.7%
Revenue growth
MATX FY2019: -0.9%MATX FY2020: +8.2%MATX FY2021: +64.7%MATX FY2022: +10.6%MATX FY2023: -28.7%MATX FY2024: +10.6%MATX FY2025: -2.3%TDW FY2019: +19.7%TDW FY2020: -18.4%TDW FY2021: -6.5%TDW FY2022: +74.6%TDW FY2023: +55.9%TDW FY2024: +33.3%TDW FY2025: +0.5%FY19FY20FY21FY22FY23FY24FY25
MATX -2.3%TDW +0.5%
Free cash flow
MATX FY2022: $1.1BMATX FY2023: $262.1MMATX FY2024: $457.7MMATX FY2025: $153.7MTDW FY2018: -$17.5MTDW FY2019: -$49.4MTDW FY2020: -$10.9MTDW FY2021: $6.1MTDW FY2022: $23.6MTDW FY2023: $72.6MTDW FY2024: $254.9MTDW FY2025: $353.3MFY18FY19FY20FY21FY22FY23FY24FY25
MATX $153.7MTDW $353.3M

Fiscal years as each company reports them; the two may end in different months.

Questions about Matson and Tidewater

Which is bigger by revenue, Matson or Tidewater?

Matson is bigger by revenue: $3.3B in fiscal 2025, against $1.4B for Tidewater in fiscal 2025.

Which keeps more of its revenue as profit, Matson or Tidewater?

Matson had a net margin of 13.3% in fiscal 2025; Tidewater had 24.7% in fiscal 2025.

Which grew revenue faster, Matson or Tidewater?

In their latest fiscal years revenue changed by -2.3% at Matson and +0.5% at Tidewater.

Where do these numbers come from?

From the annual reports each company files with the SEC (10-K, or 20-F and 40-F for foreign companies), read from their XBRL data. Margins and growth are simple arithmetic on those figures. Nothing here is a recommendation.

More comparisons

Compare more companies