How much do depreciation assumptions change Matson, Inc.'s earnings?
Gross property and equipment, depreciation and capital spending, with an alternative useful-life calculator. Cash spending is kept separate.
Depreciation against the asset base
Gross property and equipment of $4.01B against $147.4M of depreciation and amortization implies an average life of about 27.2 years (gross assets ÷ annual charge). The charge includes amortization where the company reports them together.
| Fiscal year | Gross PP&E | Net PP&E | Depreciation & amortization | Implied life (yrs) | Capital expenditure (cash) |
|---|---|---|---|---|---|
| 2020 | $2.91B | $1.69B | $114.9M | 25.3 | Not disclosed in structured data |
| 2021 | $3.09B | $1.88B | $117.1M | 26.4 | Not disclosed in structured data |
| 2022 | $3.29B | $1.96B | $123.5M | 26.6 | $209.3M |
| 2023 | $3.49B | $2.09B | $124.4M | 28.0 | $248.4M |
| 2024 | $3.75B | $2.26B | $135.4M | 27.7 | $310.1M |
| 2025 | $4.01B | $2.50B | $147.4M | 27.2 | $393.4M |
10-K filed 2026-02-27 · Depreciation
Compare an alternative useful life
A 28-year average life gives an annual charge of $143.1M instead of $147.4M. After tax at 21%, net income would be higher by $3.4M. Cash spending ($393.4M) is unchanged.
Straight-line on gross assets, no salvage value; land and construction in progress are not separated. Treat as an order-of-magnitude comparison.