Marten Transport, Ltd.
IndustrialsNASDAQ:MRTN · NASDAQ Global Select
-$0.12 today
Vol 0.58M · Avg 0.88M
Income Statement
Follow revenue through to earnings
Review sales, margins, expenses, and profit trends to see what is actually driving reported earnings over time.
Earnings Waterfall
Revenue to Net Income
Key Ratios
Analysis
$864.0M of revenue converted into $14.5M of net income for the selected period. Gross margin is 2.9% and net margin is 1.6%, showing how much revenue survives after costs and taxes. EPS is $0.18, tying the income statement back to per-share earnings.
Income Statement
Annual data · 5 periods
| Metric | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $883.7M -8.3% | $963.7M -14.8% | $1.1B -10.5% | $1.3B +29.8% | $973.6M | $809.6M | $921.6M | $731.2M |
| Cost of Revenue | $833.2M +0.0% | $833.0M -11.6% | $942.7M -8.1% | $1.0B +29.7% | $790.5M | $725.6M | $804.0M | $882.4M |
| Gross Profit | $50.5M -61.4% | $130.7M -30.7% | $188.7M -20.9% | $238.5M +30.2% | $183.2M | $8.9B | $7.6B | $6.2B |
| Gross Margin | 5.7% -7.8pp | 13.6% -3.1pp | 16.7% -2.2pp | 18.9% +0.1pp | 18.8% | 9.8% | 28.9% | 38.3% |
| Research & Development | $0 | $0 | $0 | $0 | $0 | $983.2M | $1.3B | $490.4M |
| Selling, General & Admin | $8.8M -85.9% | $62.1M -6.1% | $66.2M +10.8% | $59.7M +18.6% | $50.3M | $620.6M | $923.0M | -$1.5B |
| Operating Expenses | $39.6M -59.3% | $97.5M -1.2% | $98.6M +3.6% | $95.2M +33.2% | $71.5M | $5.3B | $7.0B | $8.7B |
| Depreciation & Amortization | $105.4M -5.6% | $111.7M -4.3% | $116.7M +5.1% | $111.0M +8.2% | $102.6M | $374.2M | $1.2B | $631.8M |
| EBITDA | $129.8M -7.2% | $139.9M -27.6% | $193.2M -19.8% | $241.0M +21.7% | $198.0M | -$15.2B | $6.8B | $9.3B |
| EBITDA Margin | 14.7% +0.2pp | 14.5% -2.6pp | 17.1% -2.0pp | 19.1% -1.3pp | 20.3% | 5.6% | 46.3% | 42.0% |
| Operating Income | $10.8M -67.4% | $33.2M -63.1% | $90.1M -37.1% | $143.3M +28.3% | $111.7M | $12.3B | $14.0B | -$15.7B |
| Operating Margin | 1.2% -2.2pp | 3.4% -4.5pp | 8.0% -3.4pp | 11.3% -0.1pp | 11.5% | 16.6% | 24.1% | 22.0% |
| Interest Income | $0 | $0 | $0 | $0 | $0 | -$1.5B | -$1.6B | $405.0M |
| Interest Expense | $0 | $0 | $0 | $0 | $0 | $1.1B | $1.0B | $1.2B |
| Other Income / Expenses | $13.5M +332.9% | $3.1M -17.9% | $3.8M +360.2% | $827.0K +1823.3% | $43.0K | -$1.5B | $1.4B | $1.2B |
| Income Before Tax | $24.4M -32.9% | $36.3M -61.3% | $93.9M -34.9% | $144.2M +29.0% | $111.7M | $3.3B | $4.9B | $3.6B |
| Pre-Tax Margin | 2.8% -1.0pp | 3.8% -4.5pp | 8.3% -3.1pp | 11.4% -0.1pp | 11.5% | 20.8% | 18.7% | 26.2% |
| Income Tax Expense | $6.9M -26.4% | $9.4M -60.0% | $23.5M -30.4% | $33.8M +28.6% | $26.3M | $1.3B | -$1.6B | $745.2M |
| Net Income | $17.4M -35.2% | $26.9M -61.7% | $70.4M -36.2% | $110.4M +29.2% | $85.4M | $4.9B | $4.8B | $4.7B |
| Net Margin | 2.0% -0.8pp | 2.8% -3.4pp | 6.2% -2.5pp | 8.7% -0.0pp | 8.8% | 12.4% | 17.5% | 22.5% |
| EPS (Basic) | $0 -36.4% | $0 -62.1% | $1 -35.6% | $1 +31.1% | $1 | $400.8M | $703.2M | $1.3B |
| EPS (Diluted) | $0 -36.4% | $0 -61.6% | $1 -36.3% | $1 +32.4% | $1 | $766.2M | $609.4M | $452.6M |
| Weighted Avg Shares | $81.5M +0.1% | $81.4M +0.2% | $81.3M -0.5% | $81.7M -1.4% | $82.9M | $757.8M | $925.8M | $1.1B |
| Weighted Avg Shares (Diluted) | $81.5M +0.1% | $81.5M +0.1% | $81.4M -0.7% | $82.0M -1.7% | $83.4M | $1.2B | $924.4M | $678.0M |
Older periods hidden.
Sign in to unlockCompetitors
Peer companies in the same sector
Frontier Group Holdings, Inc.
NASDAQ:ULCC
$1.44B
Heartland Express, Inc.
NASDAQ:HTLD
$1.25B
Nordic American Tankers Limited
NYSE:NAT
$1.18B
Covenant Logistics Group, Inc.
NYSE:CVLG
$1.14B
Genco Shipping & Trading Limited
NYSE:GNK
$1.05B
Aebi Schmidt Holding AG
NASDAQ:AEBI
$956.43M
National Presto Industries, Inc.
NYSE:NPK
$930.44M
Apogee Enterprises, Inc.
NASDAQ:APOG
$857.03M
Energy Recovery, Inc.
NASDAQ:ERII
$429.37M
Alta Equipment Group Inc.
NYSE:ALTG
$229.38M
SEC Filings
Recent regulatory filings
No filings found.
How much revenue does MRTN generate?
Marten Transport, Ltd. (MRTN) reported $883.65M of revenue in fiscal 2025.
Is MRTN profitable?
Marten Transport, Ltd. (MRTN) reported $17.44M of net income, with a net margin of 2.0%.
Explore More
Continue the stock analysis
Jump to another research area for this company.