Marten Transport, Ltd.

Marten Transport, Ltd.

MRTNยทNASDAQ

$17.52

+0.11%
IndustrialsTrucking

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 Snapshot
Market Cap$1.43B
EPS0.2100
P/E Ratio83.43
Earnings Date07/22/2026
3Y-30.0%
5Y+1.0%
10Y+32.0%
3Y-84.0%
5Y-75.0%
10Y-48.0%
3Y-57.0%
5Y-51.0%
10Y-30.0%
Marten Transport, Ltd.

Marten Transport, Ltd. Profit Bridge

MRTN ยท NASDAQ
Revenue883.65M
Cost of Goods Sold (833.16M)
Gross Profit50.49M
Operating Expenses (39.64M)
Operating Income10.85M
Interest Expense (0.00)
Other Income/Expense13.53M
Pretax Income24.38M
Income Tax (6.93M)
Net Income17.44M
Net Income
17.44M

Profitability Analysis

Gross Margin

5.7%

Thin margins leave little room for error. Cost management and pricing strategy are critical.

Operating Margin

1.2%

Minimal operating profit suggests high operating costs or pricing challenges. Scalability is concerning.

Net Profit Margin

2.0%

Minimal profitability after all expenses. Limited financial flexibility for reinvestment or shareholder returns.

Effective Tax Rate

28.4%

Higher tax burden may reflect limited tax optimization or operations in high-tax jurisdictions.

Profitability Insight

Efficient profit conversion: Minimal margin compression from gross to net indicates lean operations and favorable tax/interest environment.

Marten Transport, Ltd. Income Statement

MRTN โ€ข NASDAQ

Marten Transport, Ltd. Income StatementDec 2025Dec 2024Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016Dec 2015Dec 2014Dec 2013Dec 2012Dec 2011Dec 2010Dec 2009Dec 2008Dec 2007Dec 2006
REVENUE
883.7M
963.7M
1.1B
1.3B
973.6M
874.4M
843.3M
787.6M
698.1M
671.1M
665M
672.9M
659.2M
638.5M
603.7M
516.9M
505.9M
607.1M
560M
518.9M
GROSS PROFIT
(833.2M)
(833M)
(942.7M)
(1B)
(790.5M)
(703.6M)
(696.3M)
(647.7M)
(576.6M)
(556M)
(550.7M)
(570.1M)
(563.1M)
(551.9M)
(521.4M)
(444M)
(204.9M)
(276.6M)
(246.7M)
(309.6M)
50.5M
130.7M
188.7M
238.5M
183.2M
170.8M
147M
139.9M
121.6M
115.2M
114.3M
102.8M
96.1M
86.5M
82.3M
72.9M
301M
330.5M
313.3M
209.2M
OPERATING INCOME
(39.6M)
(97.5M)
(98.6M)
(95.2M)
(71.5M)
(77.5M)
(70.5M)
(69.5M)
(64.7M)
(56.9M)
(53.2M)
(51.8M)
(44.1M)
(40.7M)
(39.2M)
(37.6M)
(271.6M)
(297.8M)
(285.5M)
(168.1M)
(8.8M)
(62.1M)
(66.2M)
(59.7M)
(50.3M)
(55.5M)
(45.9M)
(45.3M)
(44.6M)
(38.5M)
(35.1M)
(33M)
(28.9M)
(25.7M)
(22.8M)
(20.5M)
(173.7M)
(193.2M)
(190.4M)
(165.6M)
10.8M
33.2M
90.1M
143.3M
111.7M
93.2M
76.5M
70.3M
56.9M
58.3M
61.1M
51M
52M
45.9M
43M
35.3M
29.4M
32.7M
27.8M
41.2M
PRE-TAX INCOME
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
(24K)
(0.0)
(169K)
(1.1M)
(3.8M)
(3.6M)
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
48K
-24K
26K
-32K
-958K
-3.1M
0.0
(30.9M)
(35.3M)
(32.5M)
(35.5M)
(21.1M)
(22.1M)
(24.5M)
(24.2M)
(20.1M)
(18.4M)
(18.1M)
(18.7M)
(15.2M)
(15M)
(16.5M)
(17.1M)
(97.9M)
(104.6M)
(95.2M)
(2.5M)
13.5M
3.1M
3.8M
827K
43K
140K
1.2M
681K
-389K
-1.2M
-372K
667K
392K
48K
24K
26K
-616K
-958K
-3.9M
-3.2M
24.4M
36.3M
93.9M
144.2M
111.7M
93.4M
77.7M
71M
56.5M
57.1M
60.7M
51.7M
52.4M
45.9M
43.1M
34.7M
28.7M
30.6M
23.9M
37.9M
NET INCOME
(6.9M)
(9.4M)
(23.5M)
(33.8M)
(26.3M)
(23.9M)
(16.6M)
(16M)
-33.8M
(23.6M)
(24.9M)
(21.8M)
(22.2M)
(18.1M)
(18M)
(14.9M)
(12.5M)
(12.6M)
(8.9M)
(13.4M)
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

SEC Filings

MRTN - Filing history and reports

Filing TypeFiling DatePeriod EndingFiscal YearActions
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
Showing 1 to 10 of 330 filings