MRTN - NASDAQ
Marten Transport, Ltd.
$17.80
+1.7%Marten Transport, Ltd. operates as a temperature-sensitive truckload carrier for shippers in the United States, Canada, and Mexico. It operates through four segments: Truckload, Dedicated, Intermodal, and Brokerage. The Truckload segment transports food and other consumer packaged goods that require a temperature-controlled or insulated environment. The Dedicated segment offers customized transportation solutions for individual customers' requirements using temperature-controlled trailers, dry vans, and other specialized equipment. The Intermodal segment transports customers' freight utilizing its refrigerated containers and temperature-controlled trailers on railroad flatcars for portions of trips, as well as using tractors and contracted carriers. The Brokerage segment develops contractual relationships with and arranges for third-party carriers to transport freight for customers in temperature-controlled trailers and dry vans. As of December 31, 2021, the company operated a fleet of 3,204 tractors, including 3,111 company-owned tractors and 93 tractors supplied by independent contractors. Marten Transport, Ltd. was founded in 1946 and is headquartered in Mondovi, Wisconsin.
At a Glance
Live SnapshotMarten Transport, Ltd. Cash Conversion Engine
Cash Flow Quality Analysis
FCF Conversion Rate
Negative free cash flow despite positive earnings raises concerns about cash generation ability or heavy capital requirements.
CapEx Intensity
Very high capital intensity consumes most operating cash flow. Limited flexibility for dividends or debt reduction.
FCF Growth Trend
Strong FCF growth demonstrates improving cash generation and business momentum. Positive signal for sustainability.
Working Capital Impact
Minimal working capital impact on FCF. Changes in operating assets and liabilities well-managed.
Cash Flow Quality Insight
Cash flow concerns: Despite profitability, the company is burning cash. Review working capital management, CapEx levels, and sustainability of current operations.
Marten Transport, Ltd. Cash Flow Statement
MRTN • NASDAQ
| Marten Transport, Ltd. Cash Flow Statement | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Dec 2011 | Dec 2010 | Dec 2009 | Dec 2008 | Dec 2007 | Dec 2006 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
OPERATING ACTIVITIES | ||||||||||||||||||||
17.4M | 26.9M | 70.4M | 110.4M | 85.4M | 69.5M | 61.1M | 55M | 90.3M | 33.5M | 35.7M | 29.8M | 30.1M | 27.3M | 24.3M | 19.7M | 16.3M | 18.1M | 15M | 24.5M | |
105.4M | 111.7M | 116.7M | 111M | 102.6M | 102.9M | 95.1M | 88.6M | 85.1M | 82.4M | 75.3M | 68.2M | 64.5M | 60.9M | 57.5M | 51.9M | 53.1M | 49.7M | 47M | 44.4M | |
-17.3M | -15.4M | -14.6M | 11.9M | 4.1M | -924K | 16M | 5.4M | -47.2M | 13.5M | 15.1M | 9.6M | 4.5M | 5.2M | 10.2M | 10.6M | 5.6M | 4.8M | -1.2M | 8.9M | |
1.9M | 2.2M | 2.3M | 2.8M | 2.5M | 1.9M | 1.8M | 3.3M | 1.3M | 883K | 1.4M | 921K | 1.1M | 1.2M | 1.3M | 1.3M | 586K | 666K | 460K | 447K | |
-5.7M | 1.9M | -6.4M | -6.8M | -9.9M | -3.9M | -8.5M | -7M | -4.8M | -9.7M | -9.8M | -4.7M | -6.2M | -5.1M | -3.1M | -432K | -1M | -2.2M | -3.4M | -6.4M | |
(27M) | (19.2M) | (37M) | (23.6M) | (21.7M) | (18M) | (5M) | (9.5M) | (14.4M) | (31K) | (2.1M) | (26.8M) | (16.2M) | (8.8M) | -2.6M | (13.8M) | (4.9M) | (6.4M) | (6.6M) | (2.3M) | |
-8.2M | 7.5M | -4M | -9.8M | -13.5M | 20.2M | -12.4M | 5.4M | -2.7M | 13M | 10.5M | -21.9M | -4.8M | -3.9M | -4.1M | -18.5M | 7.2M | 5.2M | 4M | 5.2M | |
93.5M | 134.8M | 164.4M | 219.5M | 171.2M | 189.6M | 153.2M | 150.6M | 121.9M | 133.6M | 128.2M | 82M | 89.2M | 85.5M | 86.2M | 64.5M | 81.7M | 76.4M | 61.8M | 77.1M | |
INVESTING ACTIVITIES | ||||||||||||||||||||
-144.6M | -233.2M | -240.6M | -176.6M | -199.3M | -173.1M | -189.4M | -168.5M | -156.5M | -162.4M | -187.6M | -162.5M | -120.8M | -135.4M | -84.9M | -121.3M | -112.8M | -68.6M | -77.7M | -126.6M | |
(0.0) | (0.0) | (0.0) | (0.0) | (0.0) | (0.0) | (1.2M) | (67.3M) | (61.3M) | (65.1M) | (0.0) | (0.0) | (0.0) | (0.0) | (0.0) | (0.0) | (32.9M) | (31.9M) | (0.0) | (37.3M) | |
(0.0) | (0.0) | (0.0) | (0.0) | (0.0) | (0.0) | -1.2M | (0.0) | (0.0) | (0.0) | (0.0) | (0.0) | (0.0) | (0.0) | (0.0) | -20K | -113.2M | -28.1M | -50K | -3.6M | |
0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 1.2M | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 138K | 0.0 | 115.7M | 25.9M | 0.0 | 3.8M | |
101.7M | 81.1M | 68M | 41.7M | 75.6M | 66.7M | 51M | 67.3M | 61.2M | 65.1M | 312.7M | 281.1M | 46.1M | 223.5M | 36.5M | 40.1M | 233K | 1.3M | 30.9M | 2.3M | |
-42.9M | -152.1M | -172.5M | -135M | -123.7M | -106.3M | -137.2M | -101.3M | -95.3M | -97.3M | (125.1M) | (118.6M) | -74.7M | (88.1M) | -48.3M | -81.2M | -77.2M | -37.6M | -46.8M | -86.8M | |
FINANCING ACTIVITIES | ||||||||||||||||||||
9K | 1.3M | 1.2M | -41.8M | 876K | -597K | 0.0 | -3.8M | -101K | -7.5M | -16.2M | 0.0 | 1.1M | 968K | 137K | 303K | 332K | -454K | 303K | 813K | |
0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | -7.9M | -30M | 13.5M | 24.4M | -2.7M | 2.7M | -19.3M | 17.8M | -1.5M | -40M | -14M | 9.7M | |
-14.7M | -19.5M | -19.5M | -19.6M | -54.7M | -52.4M | -42.1M | -5.5M | -4.4M | -3.3M | -3.3M | -3.3M | -2.8M | -18.7M | -1.8M | -877K | (0.0) | (0.0) | (0.0) | (0.0) | |
(0.0) | (0.0) | (0.0) | -41.8M | (0.0) | -597K | -3.8M | -3.8M | -101K | -7.5M | -16.2M | (168.4M) | (0.0) | (0.0) | (0.0) | (0.0) | (0.0) | -810K | (0.0) | (0.0) | |
-4.9M | -382K | -926K | 390K | -2.7M | 4.8M | 836K | 938K | 1.1M | 4.4M | 3.2M | 2.1M | 81K | 213K | -1.5M | -718K | -345K | 456K | -638K | 1.2M | |
-19.6M | -18.6M | -19.2M | -60.9M | -56.6M | -48.6M | -41.3M | -8.4M | -11.3M | -36.5M | -2.8M | 23.1M | -4.3M | -14.8M | -22.4M | 16.6M | -1.5M | -40M | -14.4M | 11.7M | |
CASH FLOW SUMMARY | ||||||||||||||||||||
0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | -250.2M | -237.2M | 0.0 | -176.2M | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | |
31M | -35.9M | -27.4M | 23.6M | -9.1M | 34.7M | -25.3M | 41M | 15.3M | 54K | 311K | -13.5M | 10.2M | -17.3M | 15.5M | -104K | 3M | -1.2M | 630K | 1.9M | |
17.3M | 53.2M | 80.6M | 57M | 66.1M | 31.5M | 56.8M | 15.8M | 488K | 434K | 123K | 13.7M | 3.5M | 20.8M | 5.3M | 5.4M | 2.4M | 3.6M | 3M | 1.1M | |
48.3M | 17.3M | 53.2M | 80.6M | 57M | 66.1M | 31.5M | 56.8M | 15.8M | 488K | 434K | 123K | 13.7M | 3.5M | 20.8M | 5.3M | 5.4M | 2.4M | 3.6M | 3M | |
-51.1M | -98.4M | -76.2M | 42.9M | -28.1M | 16.5M | -36.2M | -17.9M | -34.7M | -28.8M | -59.4M | -80.6M | -31.7M | -49.8M | 1.3M | -56.8M | -31.1M | 7.8M | -15.9M | -49.6M |
SEC Filings
MRTN - Filing history and reports
| Filing Type | Filing Date | Period Ending | Fiscal Year | Actions |
|---|---|---|---|---|
8-K 8-K 2026 N/A | May 11, 2026 | May 05, 2026 | 2026 | |
10-Q 10-Q 2026 Q1 Q1 | May 08, 2026 | March 31, 2026 | 2026 | |
8-K 8-K 2026 N/A | April 23, 2026 | April 23, 2026 | 2026 | |
DEF 14A DEF 14A 2026 N/A | March 17, 2026 | May 05, 2026 | 2026 | |
10-K 10-K 2025 FY FY | February 27, 2026 | December 31, 2025 | 2025 | |
8-K 8-K 2026 N/A | January 27, 2026 | January 27, 2026 | 2026 | |
10-Q 10-Q 2025 Q3 Q3 | November 07, 2025 | September 30, 2025 | 2025 | |
8-K 8-K 2025 N/A | October 23, 2025 | October 23, 2025 | 2025 | |
8-K 8-K 2025 N/A | October 06, 2025 | September 30, 2025 | 2025 | |
8-K 8-K 2025 N/A | August 19, 2025 | August 19, 2025 | 2025 |
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