MATX
Matson, Inc.
MATX has a slight edge over RDW overall, supported by lower modeled downside and stronger fundamentals.
RDW
Redwire Corporation
RDW offers stronger valuation, but that advantage does not outweigh its weaker overall profile.
MATX Fundamentals
| Metric | Status |
|---|---|
| Healthy | |
| Strong | |
| Healthy | |
| Strong |
MATX's revenue, profitability, cash flow and balance sheet are all currently healthy.
RDW Fundamentals
| Metric | Status |
|---|---|
| Healthy | |
| Under pressure | |
| Under pressure | |
| Unavailable |
RDW's revenue is currently healthy, but its profitability and cash flow are under pressure. There isn't enough data to rate its balance sheet.
MATX PE Valuation
| Level | PE | Price | Vs current |
|---|---|---|---|
| Cheap | 3.9x | $67.66 | -68% |
| Fair | 11x | $187 | -12% |
| Forward | 11x | $213 | — |
| Current | 12x | $213 | — |
| Expensive | 16x | $279 | +31% |
Historical ranges are pointers, not guarantees.
MATX's PE is in its fair range at 12x. If earnings grow as analysts expect, today's price would be 11x next year's earnings.
RDW PE Valuation
RDW has no meaningful PE right now: it lost money over the past year.
MATX Forward outlook
| Metric | Outlook |
|---|---|
| Improving | |
| Strong growth | |
| Growth | |
| Strongly improving | |
| Limited | |
| High |
Analysts expect earnings and revenue growth for MATX, with profitability improving.
RDW Forward outlook
| Metric | Outlook |
|---|---|
| -- | |
| Losses shrinking | |
| Strong growth | |
| Strongly improving | |
| Limited | |
| Moderate |
Analysts expect RDW's losses to shrink, with revenue growing.
MATX Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Forward | $19.39 | +10% |
| Q3 2026 | $17.55 | +35% |
| Q2 2026 | $14.83 | +1% |
| Q1 2026 | $13.48 | -11% |
| Q4 2025 | $13.81 | -0.9% |
| Q3 2025 | $13.03 | +8.9% |
| Q2 2025 | $14.68 | +55% |
| Q1 2025 | $15.07 | +79% |
| Q4 2024 | $13.93 | +67% |
MATX has the edge over RDW on earnings quality, reporting a profit while its opponent remains loss making.
RDW Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Q3 2026 | -$1.17 | +$2.01 |
| Q2 2026 | -$1.37 | +$1.89 |
| Q1 2026 | -$2.59 | -$0.32 |
| Q4 2025 | -$2.28 | +$0.07 |
| Q3 2025 | -$3.18 | -$1.97 |
| Q2 2025 | -$3.26 | -$2.28 |
| Q1 2025 | -$2.27 | -$1.55 |
| Q4 2024 | -$2.35 | -$1.62 |
RDW is still losing money, but far less than before: $1.17 per share over the past year, against $3.26 at its worst in mid-2025.
MATX Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $1.1B | +27% |
| Q2 2026 | $969.4M | +17% |
| Q1 2026 | $757.8M | -3.1% |
| Q4 2025 | $851.9M | -4.3% |
| Q3 2025 | $880.1M | -8.5% |
| Q2 2025 | $830.5M | -2% |
| Q1 2025 | $782M | +8.3% |
| Q4 2024 | $890.3M | +13% |
MATX's revenue is growing: $1.1B last quarter, up 27% from the same quarter a year ago.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | 23% | +4.6 points |
| Q2 2026 | 16% | +2.8 points |
| Q1 2026 | 8.1% | -2.4 points |
| Q4 2025 | 17% | +0.3 points |
| Q3 2025 | 18% | -6.9 points |
| Q2 2025 | 14% | -1.1 points |
| Q1 2025 | 11% | +5.4 points |
| Q4 2024 | 17% | +7 points |
MATX has the edge over RDW on profitability, with a higher operating margin.
RDW Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $109M | +5.4% |
| Q2 2026 | $117.1M | +90% |
| Q1 2026 | $97M | +58% |
| Q4 2025 | $108.8M | +56% |
| Q3 2025 | $103.4M | +51% |
| Q2 2025 | $61.8M | -21% |
| Q1 2025 | $61.4M | -30% |
| Q4 2024 | $69.6M | +9.6% |
RDW has the edge over MATX on sales, with more consistent year-over-year improvement.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | -24% | +16 points |
| Q2 2026 | -19% | +130 points |
| Q1 2026 | -72% | -49 points |
| Q4 2025 | -75% | -48 points |
| Q3 2025 | -40% | -22 points |
| Q2 2025 | -149% | -140 points |
| Q1 2025 | -23% | -19 points |
| Q4 2024 | -27% | -17 points |
RDW's operating margin was −24% last quarter, up 16 points from the same quarter a year ago.
MATX Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | $229M | +148% |
| Q2 2026 | $137.6M | +613% |
| Q1 2026 | $45.7M | +$45.9M |
| Q3 2025 | $92.4M | -63% |
| Q2 2025 | $19.3M | -94% |
| Q1 2025 | -$200K | -101% |
| Q3 2024 | $248.6M | +63% |
| Q2 2024 | $307.9M | +106% |
MATX has the edge over RDW on cash generation, producing positive trailing cash flow while its opponent burns cash.
RDW Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | -$65.3M | -$38.5M |
| Q2 2026 | -$33.5M | +$57.2M |
| Q1 2026 | -$11.4M | +$35.5M |
| Q4 2025 | -$26.5M | -659% |
| Q3 2025 | -$26.9M | -$7.6M |
| Q2 2025 | -$90.6M | -$80.2M |
| Q1 2025 | -$46.9M | -3996% |
| Q4 2024 | $4.7M | -65% |
RDW has burned cash in most quarters: −$137M over the past year, against −$160M the year before.
MATX Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | -0.7% | -200K shares |
| 1 year | -5.3% | -1.7M shares |
| 3 years | -15% | -5.2M shares |
| 5 years | -31% | -13.3M shares |
| Available history | -30% | -13.2M shares |
MATX has the edge over RDW on shareholder dilution, with a more favorable share count trend.
| Quarter | Spent |
|---|---|
| Q3 2026 | $60.3M |
| Q2 2026 | $67M |
| Q1 2026 | $52.8M |
| Q4 2025 | $77.5M |
| Q3 2025 | $65.4M |
| Q2 2025 | $93.5M |
| Q1 2025 | $66.9M |
| Q4 2024 | $31.7M |
MATX spent $258M buying back its own shares over the past year, about the same as the year before.
RDW Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | +13% | +29.6M shares |
| 1 year | +179% | +160M shares |
| 3 years | +289% | +186M shares |
| 5 years | +319% | +190M shares |
RDW has 250M diluted shares, up 179% from a year ago.
| Quarter | Spent |
|---|---|
| Q4 2020 | — |
| Q2 2020 | — |
| Q1 2020 | — |
MATX Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q3 2021 | 0.7x | Very low |
| Q2 2021 | 1.0x | Healthy |
| Q1 2021 | 1.4x | Healthy |
| Q4 2020 | 2.0x | Moderate |
| Q3 2020 | 2.8x | Moderate |
| Q2 2020 | 3.6x | Elevated |
| Q1 2020 | 4.2x | High |
| Q4 2019 | 4.3x | High |
MATX's net debt is less than a year of its operating earnings (EBITDA), down from 2.8 years a year ago.
RDW Net Leverage
RDW's operating earnings (EBITDA) were negative over the past year, so its debt can't be measured against them.
MATX Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 52.3 | Neutral |
| Stochastic | 38.4 | Neutral |
MATX's weekly RSI is 52 (neutral) and its Stochastic is 38 (neutral).
RDW Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 42.3 | Neutral |
| Stochastic | 16.1 | Oversold |
RDW's weekly RSI is 42 (neutral) and its Stochastic is 16 (oversold).
MATX PE vs Industrials Sector
| Metric | MATX | Sector median | Relative |
|---|---|---|---|
| PE | 12x | 24x | 50% below |
| PE % | 56 | 58 | 2 pts below |
MATX is trading at 12x earnings, a 50% discount to the Industrials sector's median of 24x.
RDW PE vs Industrials Sector
RDW has no meaningful PE right now: it lost money over the past year.
MATX Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $224.2 | 5.2% below |
| 20 week MA | $219.9 | 3.3% below |
| 50 week MA | $184.8 | 15% above |
| 100 week MA | $150.0 | 42% above |
| 200 week MA | $126.7 | 68% above |
MATX has the edge over RDW on trend strength, trading above more of its moving averages.
RDW Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $9.06 | 11% below |
| 20 week MA | $10.1 | 20% below |
| 50 week MA | $10.6 | 24% below |
| 100 week MA | $11.6 | 31% below |
| 200 week MA | $8.07 | 0.5% below |
RDW is in a downtrend: it's below all five of its weekly moving averages, and 0.5% below its 200-week average.
MATX Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $41.1 | $57.3 | +39% |
| 2021 | $57.3 | $83.7 | +46% |
| 2022 | $83.7 | $64.5 | -23% |
| 2023 | $64.5 | $109.6 | +70% |
| 2024 | $109.6 | $136.5 | +25% |
| 2025 | $136.5 | $125.0 | -8.4% |
| 2026 YTD | $125.0 | $212.6 | +70% |
MATX has the edge over RDW on returns for 2026, with the stronger performance.
RDW Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2021 | $10.2 | $7.34 | -28% |
| 2022 | $7.34 | $1.92 | -74% |
| 2023 | $1.92 | $2.85 | +48% |
| 2024 | $2.85 | $17.1 | +501% |
| 2025 | $17.1 | $7.15 | -58% |
| 2026 YTD | $7.15 | $8.03 | +12% |
RDW's yearly returns have swung widely, from +501% in 2024 to −74% in 2022. It's up 12% so far in 2026.