MATX (Matson) Average Age of Fleet in Years : 0.00 (As of . 20)

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What is Matson Average Age of Fleet in Years?

Average Age of Fleet in Years indicates the average age of fleet of this coompany. Companies with a higher average age of fleet may need to spend more on buying new ships, which reduces cash position in the future. Usually it reflects that the company has financial problems and failed to buy new fleets. Under rare situations it reflects good maintenance for existing fleets and extending their life.

The historical rank and industry rank for Matson's Average Age of Fleet in Years or its related term are showing as below:

MATX's Average Age of Fleet in Years is not ranked ^*
in the Transportation industry.
Industry Median:
* Ranked among companies with meaningful Average Age of Fleet in Years only.

Matson Average Age of Fleet in Years Historical Data

The historical data trend for Matson's Average Age of Fleet in Years can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Matson Average Age of Fleet in Years Chart

Matson Annual Data

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Average Age of Fleet in Years

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Competitive Comparison of Matson's Average Age of Fleet in Years

For the Marine Shipping subindustry, Matson's Average Age of Fleet in Years, along with its competitors' market caps and Average Age of Fleet in Years data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Matson (NYSE:MATX) Average Age of Fleet in Years Explanation

Companies with a higher average age of fleet may need to spend more on buying new ships, which reduces cash position in the future. Usually it reflects that the company has financial problems and failed to buy new fleets. Under rare situations it reflects good maintenance for existing fleets and extending their life. Companies with a lower average age of fleet may also have a higher depreciation.

According to the data from statista.com, as of 2020, the average age of all ships in the world merchant fleet was just over 20 years. General cargo ships were the oldest type of vessels with an average age of around 26 years; likewise, over 65 percent of the world's cargo ships were older than 14 years, in contrast with over 18 percent of bulk carriers.

Matson Average Age of Fleet in Years Related Terms

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Matson Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Matson Inc (NYSE:MATX) » Definitions » Average Age of Fleet in Years

Comparable Companies

Traded in Other Exchanges

68M:Germany

Address

1411 Sand Island Parkway, Honolulu, HI, USA, 96819

Website

https://www.matson.com

Matson Inc is engaged in providing ocean transportation and logistics services. The business segments of the company are Ocean Transportation which provides ocean freight transportation services to the domestic non-contiguous economies of Hawaii, Alaska, California, Okinawa, and different islands in the South Pacific, and Logistics segment which offers long haul and regional highway trucking services, warehousing and distribution services, supply chain management, and freight forwarding services. The firm generates the majority of its revenue from the Ocean Transportation segment.

Executives

Leonard P Isotoff	officer: Senior Vice President	1411 SAND ISLAND PARKWAY, HONOLULU HI 96819
Laura L Rascon	officer: Senior Vice President	1411 SAND ISLAND PARKWAY, HONOLULU HI 96819
John Warren Sullivan	officer: Senior Vice President	1411 SAND ISLAND PARKWAY, HONOLULU HI 96819
John P Lauer	officer: Senior Vice President	555 12TH STREET, OAKLAND CA 94607
Richard S Kinney	officer: Senior Vice President	1411 SAND ISLAND PARKWAY, HONOLULU HI 96819
Kevin L Stuck	officer: VP and Controller	426 N. 44TH STREET, 2ND FL., PHOENIX AZ 85008
Rusty K Rolfe	officer: Senior Vice President, other: President of Matson Logistics	1855 GATEWAY BOULEVARD, CONCORD CA 94520
Christopher A Scott	officer: Senior Vice President	1411 SAND ISLAND PARKWAY, HONOLULU HI 96819
Qiang Gao	officer: Senior Vice President	1411 SAND ISLAND PARKWAY, HONOLULU HI 96819
Peter T Heilmann	officer: SVP & Chief Legal Officer	555 12TH STREET, OAKLAND CA 94607
Matthew J Cox	officer: CFO of wholly-owned subsidiary	1411 SAND ISLAND PARKWAY, HONOLULU HI 96819
Grace M Cerocke	officer: Senior Vice President	1411 SAND ISLAND PARKWAY, HONOLULU HI 96819
Jason Lee Taylor	officer: Senior Vice President	1411 SAND ISLAND PARKWAY, HONOLULU HI 96819
Joel M Wine	officer: Sr. VP, CFO & Treas.	1411 SAND ISLAND PARKWAY, HONOLULU HI 96819
Kuuhaku T Park	officer: Senior Vice President	1411 SAND ISLAND PARKWAY, HONOLULU HI 96819