MRTN
Marten Transport Ltd
NASDAQ: MRTN · INDUSTRIALS · TRUCKING
$15.08
+1.21% today
Updated 2026-04-30
Market cap
$1.22B
P/E ratio
83.00
P/S ratio
1.41x
EPS (TTM)
$0.18
Dividend yield
1.60%
52W range
$9 – $15
Volume
0.8M
Marten Transport Ltd (MRTN) Financial statements
SEC filings — annual and quarterly data.
Income statement — annual
| Item | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $518.89M | $560.02M | $607.10M | $505.87M | $516.92M | $603.68M | $638.46M | $659.21M | $672.93M | $664.99M | $671.14M | $698.12M | $787.59M | $843.27M | $874.37M | $973.64M | $1.26B | $1.13B | $963.71M | $883.65M |
| Revenue growth (YoY) | — | +7.9% | +8.4% | -16.7% | +2.2% | +16.8% | +5.8% | +3.3% | +2.1% | -1.2% | +0.9% | +4.0% | +12.8% | +7.1% | +3.7% | +11.4% | +29.8% | -10.5% | -14.8% | -8.3% |
| Cost of revenue | $309.65M | $246.71M | $276.63M | $204.91M | $443.99M | $521.41M | $551.93M | $563.08M | $570.14M | $550.71M | $555.98M | $576.56M | $647.73M | $696.32M | $703.61M | $790.49M | $1.03B | $942.72M | $833.01M | $833.16M |
| Gross profit | $209.24M | $313.31M | $330.47M | $300.97M | $72.93M | $82.26M | $86.53M | $96.14M | $102.78M | $114.28M | $115.17M | $121.56M | $139.87M | $146.95M | $170.76M | $183.15M | $238.50M | $188.73M | $130.70M | $50.49M |
| Gross margin | 40.3% | 55.9% | 54.4% | 59.5% | 14.1% | 13.6% | 13.6% | 14.6% | 15.3% | 17.2% | 17.2% | 17.4% | 17.8% | 17.4% | 19.5% | 18.8% | 18.9% | 16.7% | 13.6% | 5.7% |
| R&D | — | — | — | — | — | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | — | — | — | — | — | — | — |
| SG&A | $165.56M | $3.87M | $178.03M | $162.82M | $164.05M | $170.42M | $25.66M | $28.89M | $33.04M | $35.14M | $38.51M | $44.63M | $45.29M | $45.91M | $55.47M | $50.34M | $59.69M | $66.16M | $62.14M | $64.40M |
| Operating income | $41.17M | $27.80M | $32.70M | $29.36M | $35.29M | $43.03M | $45.85M | $51.99M | $51.01M | $61.06M | $58.30M | $56.86M | $70.35M | $76.50M | $93.25M | $111.69M | $143.34M | $90.11M | $33.22M | $10.85M |
| Operating margin | 7.9% | 5.0% | 5.4% | 5.8% | 6.8% | 7.1% | 7.2% | 7.9% | 7.6% | 9.2% | 8.7% | 8.1% | 8.9% | 9.1% | 10.7% | 11.5% | 11.3% | 8.0% | 3.4% | 1.2% |
| EBITDA | $85.53M | $75.50M | $82.59M | $82.56M | $87.23M | $100.58M | $101.45M | $110.50M | $114.86M | $126.70M | $130.25M | $135.48M | $151.69M | $162.96M | $185.69M | $197.96M | $240.98M | $193.22M | $139.90M | $129.77M |
| EBITDA margin | 16.5% | 13.5% | 13.6% | 16.3% | 16.9% | 16.7% | 15.9% | 16.8% | 17.1% | 19.1% | 19.4% | 19.4% | 19.3% | 19.3% | 21.2% | 20.3% | 19.1% | 17.1% | 14.5% | 14.7% |
| EBIT | $41.17M | $28.49M | $32.89M | $29.50M | $35.31M | $43.05M | $40.55M | $46.02M | $46.62M | $51.38M | $47.80M | $50.36M | $63.10M | $67.82M | $82.80M | $95.39M | $129.97M | $76.50M | $28.25M | $24.38M |
| Interest expense | $3.56M | $3.82M | $1.14M | $169000.00 | $26000.00 | $24000.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $113.69M | $123.94M | $135.19M | $827000.00 | — | — | — |
| Income tax | $13.43M | $8.90M | $12.56M | $12.48M | $14.94M | $17.96M | $18.14M | $22.16M | $21.84M | $24.95M | $23.60M | $-33.81M | $16.00M | $16.62M | $23.89M | $26.30M | $33.82M | $23.54M | $9.42M | $6.93M |
| Effective tax rate | 35.4% | 37.3% | 41.0% | 43.4% | 43.1% | 42.5% | 39.9% | 42.4% | 42.3% | 41.1% | 41.4% | -59.9% | 22.5% | 21.4% | 25.6% | 23.5% | 23.5% | 25.1% | 25.9% | 28.4% |
| Net income | $24.52M | $14.97M | $18.07M | $16.27M | $19.74M | $24.29M | $27.27M | $30.15M | $29.83M | $35.74M | $33.46M | $90.28M | $55.03M | $61.07M | $69.50M | $85.43M | $110.35M | $70.37M | $26.92M | $17.44M |
| Net income growth (YoY) | — | -39.0% | +20.7% | -10.0% | +21.4% | +23.0% | +12.3% | +10.6% | -1.0% | +19.8% | -6.4% | +169.8% | -39.1% | +11.0% | +13.8% | +22.9% | +29.2% | -36.2% | -61.7% | -35.2% |
| Profit margin | 4.7% | 2.7% | 3.0% | 3.2% | 3.8% | 4.0% | 4.3% | 4.6% | 4.4% | 5.4% | 5.0% | 12.9% | 7.0% | 7.2% | 7.9% | 8.8% | 8.7% | 6.2% | 2.8% | 2.0% |