Matson vs ZIM Integrated Shipping Services
ZIM Integrated Shipping Services is the larger business, with $6.90bn of revenue in fiscal 2025 against $3.34bn for Matson (2.1 times as much). Matson grew faster (-2.3% against -18.1%). Matson kept more of each dollar of sales as profit: a net margin of 13.3% against 6.9%. ZIM Integrated Shipping Services carries less debt relative to equity (2.2% against 14.5%).
| Latest fiscal year | MatsonMATX, 2025 | ZIM Integrated Shipping ServicesZIM, 2025 |
|---|---|---|
| Revenue | $3.34bn | $6.90bn |
| Revenue growth | -2.3% | -18.1% |
| Net income | $445m | $479m |
| Operating margin | 14.9% | 14.7% |
| Net margin | 13.3% | 6.9% |
| Return on equity | 16.4% | 11.9% |
| Free cash flow | $154m | — |
| Cash | $142m | $1.05bn |
| Total debt | $401m | $90.1m |
| Debt to equity | 14.5% | 2.2% |
| Dividend per share | $1.40 | — |
| Dividend yield | 0.7% | — |
| Share buybacks | $303m | — |
| Employees | — | — |
| Market value | $6.77bn | $3.51bn |
| Price vs our value range | Above our value range | Below our value range |
| Moat score | 69 (Moderate) | — |
| Insider trades, 12 months | 0 buys, 60 sales | 0 buys, 21 sales |