VCP ScannerFree US Stock Screener & Financial AnalysisFree US Stock Screener
ScreenerThemesMarketEarningsCompareWatchlistInsider
MRTNMarten Transport, Ltd.
$16.85$1.4B
Research
Overview
Valuation
ValuationTargetsPrice
Financials
RevenueEarningsP/ERatiosDividend
Ownership
Holders
Tools
Total ReturnDCA Calculator
← Back to Screener
VCP ScannerFree US Stock Screener & Financial Analysis

Find stocks. Verify deeply. Act with conviction.

Data updated daily

Product

  • Screener
  • Themes
  • Valuation
  • Total Return
  • DCA Calculator
  • News
  • Earnings

Resources

  • Market Valuation
  • Compare
  • Insider Activity
  • Methodology
  • How It Works
  • Glossary
  • Learn

Get Ideas

Get weekly stock ideas — free

Follow VCP Scanner on XFollow VCP Scanner on LinkedIn
© 2026 VCP Scanner
AboutPrivacyTerms
Not financial advice. Do your own research.
ScreenerNewsCompareWatchlist

MRTN logoMarten Transport, Ltd.(MRTN)Earnings, Financials & Key Ratios

MRTN•NASDAQ
80.2× P/E·Price updated Jun 19, 2026
SectorIndustrialsIndustryTruckingSub-IndustryTruckload and Specialized Carriers
AboutMarten 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.Show more
  • Revenue$884M-8.3%
  • EBITDA$116M-19.8%
  • Net Income$17M-35.2%
  • EPS (Diluted)0.21-36.4%
  • Gross Margin5.71%-57.9%
  • EBITDA Margin13.15%-12.5%
  • Operating Margin1.23%-64.4%
  • Net Margin1.97%-29.3%
  • ROE2.27%-35.6%

MRTN Key Insights

Marten Transport, Ltd. (MRTN) fundamental analysis — strengths, weaknesses & financial health based on data analysis

✓Strengths

  • ✓Company is almost debt free
  • ✓Momentum leader: RS Rating 86 (top 14%)
  • ✓High quality earnings: Operating CF exceeds net income

✗Weaknesses

  • ✗Profits declining 24.2% over 5 years
  • ✗Negative free cash flow

* These insights are generated automatically based on available financial data. Please conduct your own research before making investment decisions.

Get notified when MRTN posts new earnings or crosses analyst targets

Free. No account needed. Unsubscribe any time.

Free. Unsubscribe any time.

MRTN Price & Volume

Marten Transport, Ltd. (MRTN) stock price & volume — 10-year historical chart

Loading chart...

MRTN Growth Metrics

Marten Transport, Ltd. (MRTN) revenue, earnings & EPS growth — 3, 5 & 10-year CAGR

Revenue CAGR

10 Years2.88%
5 Years0.21%
3 Years-11.25%
TTM-8.31%

Profit CAGR

10 Years-6.92%
5 Years-24.15%
3 Years-45.93%
TTM-35.21%

EPS CAGR

10 Years-6.7%
5 Years-24.21%
3 Years-46.22%
TTM-35.55%

Return on Capital

10 Years10.06%
5 Years9.45%
3 Years5.14%
Last Year1.25%

MRTN Recent Earnings

Marten Transport, Ltd. (MRTN) EPS & revenue vs analyst estimates — last 4 quarters

Full history →
●Beat EPS 2/12 qtrs (17%)●Beat Revenue 3/12 qtrs (25%)
Q2 2026Latest
Apr 23, 2026
Metric
Actual
Est
EPS
$0.02-33.3%
$0.03
Rev
$204M-4.1%
$212M
Q1 2026
Jan 27, 2026
Metric
Actual
Est
EPS
$0.05+66.7%
$0.03
Rev
$210M+1.9%
$206M
Q4 2025
Oct 23, 2025
Metric
Actual
Est
EPS
$0.03-25.0%
$0.04
Rev
$342M+64.9%
$207M
Q3 2025
Jul 16, 2025
Metric
Actual
Est
EPS
$0.09+0.0%
$0.09
Rev
$230M-0.5%
$231M
QuarterDateEPS (Act vs Est)Revenue (Act vs Est)
Q2 2026LatestApr 23, 2026
$0.02vs $0.03-33.3%
$204Mvs $212M-4.1%
Q1 2026Jan 27, 2026
$0.05vs $0.03+66.7%
$210Mvs $206M+1.9%
Q4 2025Oct 23, 2025
$0.03vs $0.04-25.0%
$342Mvs $207M+64.9%
Q3 2025Jul 16, 2025
$0.09vs $0.09+0.0%
$230Mvs $231M-0.5%
Based on last 12 quarters of dataView full earnings history →

MRTN Peer Comparison

Marten Transport, Ltd. (MRTN) competitors in Truckload and Specialized Carriers — business model, growth, and fundamentals comparison

Select Columns
Stock Universe
Valuation
Growth
Profitability
Financial Health
Dividends & Buybacks
Price Performance
Technical
Fundamentals ($)
Sector-Specific
Institutional Holdings
CompanyMarket CapStock PriceP/E Ratio (TTM)Revenue Growth 1YNet MarginReturn on Equity (ROE)FCF YieldDebt / Equity
WERN logoWERNWerner Enterprises, Inc.Direct Competitor2.44B40.69-169.54-1.84%-0.48%-1%0.54
HTLD logoHTLDHeartland Express, Inc.Direct Competitor1.12B14.44-21.55-23.08%-6.51%-6.71%0.21
SNDR logoSNDRSchneider National, Inc.Direct Competitor6.26B35.6860.477.25%1.73%3.24%0.19
KNX logoKNXKnight-Swift Transportation Holdings Inc.Product Competitor12.04B74.12180.780.8%0.45%0.48%0.41
JBHT logoJBHTJ.B. Hunt Transport Services, Inc.Product Competitor25.66B271.2244.32-0.73%4.99%16.78%0.41
ODFL logoODFLOld Dominion Freight Line, Inc.Product Competitor46.07B221.0445.76-5.48%18.63%24.03%0.03
SAIA logoSAIASaia, Inc.Product Competitor11.6B435.1245.710.79%7.84%10.04%0.16
ARCB logoARCBArcBest CorporationProduct Competitor3.22B144.5355.16-4.04%1.38%4.3%0.52

Compare MRTN vs Peers

Marten Transport, Ltd. (MRTN) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.

Closest Rival

vs WERN

Most directly comparable listed peer for MRTN.

Scale Benchmark

vs UBER

Larger-name benchmark to compare MRTN against a more recognizable public peer.

Peer Set

Compare Top 5

vs WERN, HTLD, SNDR, KNX

MRTN Income Statement

Marten Transport, Ltd. (MRTN) annual income statement — 10-year revenue, gross profit & net income history

10Y historyFree accessUpdated daily
MetricDec'17Dec'18Dec'19Dec'20Dec'21Dec'22Dec'23Dec'24Dec'25
Sales/Revenue
698.12M787.59M843.27M874.37M973.64M1.26B1.13B963.71M883.65M
Revenue Growth %
4.02%12.82%7.07%3.69%11.35%29.81%-10.48%-14.83%-8.31%
Cost of Goods Sold
576.56M647.73M696.32M703.61M790.49M1.03B942.72M833.01M833.16M
COGS % of Revenue
82.59%82.24%82.57%80.47%81.19%81.13%83.32%86.44%94.29%
Gross Profit
121.56M▲ 0%
139.87M▲ 15.1%
146.95M▲ 5.1%
170.76M▲ 16.2%
183.15M▲ 7.3%
238.5M▲ 30.2%
188.73M▼ 20.9%
130.7M▼ 30.7%
50.49M▼ 61.4%
Gross Margin %
17.41%17.76%17.43%19.53%18.81%18.87%16.68%13.56%5.71%
Gross Profit Growth %
5.55%15.06%5.07%16.2%7.25%30.22%-20.87%-30.75%-61.37%
Operating Expenses
64.69M69.52M70.45M77.52M71.46M95.15M98.62M97.48M39.64M
OpEx % of Revenue
9.27%8.83%8.35%8.87%7.34%7.53%8.72%10.12%4.49%
Selling, General & Admin
44.63M45.29M45.91M55.47M50.34M59.69M66.16M62.14M8.75M
SG&A % of Revenue
6.39%5.75%5.44%6.34%5.17%4.72%5.85%6.45%0.99%
Research & Development
000000000
R&D % of Revenue
---------
Other Operating Expenses
20.06M24.23M24.54M22.05M21.13M35.46M32.46M35.34M30.89M
Operating Income
56.86M▲ 0%
70.35M▲ 23.7%
76.5M▲ 8.7%
93.25M▲ 21.9%
111.69M▲ 19.8%
143.34M▲ 28.3%
90.11M▼ 37.1%
33.22M▼ 63.1%
10.85M▼ 67.4%
Operating Margin %
8.14%8.93%9.07%10.66%11.47%11.34%7.96%3.45%1.23%
Operating Income Growth %
-2.47%23.72%8.74%21.89%19.78%28.34%-37.14%-63.13%-67.35%
EBITDA
141.98M158.93M171.63M196.14M214.25M254.36M206.83M144.87M116.24M
EBITDA Margin %
20.34%20.18%20.35%22.43%22.01%20.13%18.28%15.03%13.15%
EBITDA Growth %
0.88%11.94%7.99%14.28%9.23%18.72%-18.68%-29.96%-19.77%
D&A (Non-Cash Add-back)
85.12M88.58M95.14M102.89M102.56M111.01M116.72M111.65M105.39M
EBIT
51.36M63.1M67.82M82.8M95.39M129.97M76.5M28.25M24.38M
Net Interest Income
000000000
Interest Income
000000000
Interest Expense
000000000
Other Income/Expense
-389K681K1.19M140K43K827K3.81M3.13M13.53M
Pretax Income
56.47M▲ 0%
71.03M▲ 25.8%
77.69M▲ 9.4%
93.39M▲ 20.2%
111.73M▲ 19.6%
144.17M▲ 29.0%
93.92M▼ 34.9%
36.35M▼ 61.3%
24.38M▼ 32.9%
Pretax Margin %
8.09%9.02%9.21%10.68%11.48%11.41%8.3%3.77%2.76%
Income Tax
-33.81M16M16.62M23.89M26.3M33.82M23.54M9.42M6.93M
Effective Tax Rate %
-59.87%22.53%21.39%25.58%23.54%23.46%25.07%25.93%28.44%
Net Income
90.28M▲ 0%
55.03M▼ 39.1%
61.07M▲ 11.0%
69.5M▲ 13.8%
85.43M▲ 22.9%
110.35M▲ 29.2%
70.37M▼ 36.2%
26.92M▼ 61.7%
17.44M▼ 35.2%
Net Margin %
12.93%6.99%7.24%7.95%8.77%8.73%6.22%2.79%1.97%
Net Income Growth %
169.79%-39.05%10.98%13.8%22.92%29.18%-36.23%-61.74%-35.21%
Net Income (Continuing)
90.28M55.03M61.07M69.5M85.43M110.35M70.37M26.92M17.44M
Discontinued Operations
000000000
Minority Interest
000000000
EPS (Diluted)
1.10▲ 0%
0.67▼ 39.1%
0.74▲ 10.4%
0.84▲ 13.5%
1.02▲ 21.4%
1.35▲ 32.4%
0.86▼ 36.3%
0.33▼ 61.6%
0.21▼ 36.4%
EPS Growth %
168.29%-39.09%10.45%13.51%21.43%32.35%-36.3%-61.63%-36.36%
EPS (Basic)
1.110.670.750.841.031.350.870.330.21
Diluted Shares Outstanding
82.28M82.72M82.67M83.16M83.41M81.96M81.41M81.47M81.52M
Basic Shares Outstanding
81.74M81.89M81.94M82.53M82.87M81.69M81.27M81.41M81.51M
Dividend Payout Ratio
4.83%9.92%68.92%75.35%64.07%17.73%27.72%72.58%84.1%

MRTN Balance Sheet

Marten Transport, Ltd. (MRTN) balance sheet — assets, liabilities & shareholders' equity

MetricDec'17Dec'18Dec'19Dec'20Dec'21Dec'22Dec'23Dec'24Dec'25
Total Current Assets
116.62M163.53M154.17M175.66M186.95M235.84M196.58M138.51M171.7M
Cash & Short-Term Investments
15.79M56.76M31.46M66.13M56.99M80.6M53.21M17.27M43.28M
Cash Only
15.79M56.76M31.46M66.13M56.99M80.6M53.21M17.27M43.28M
Short-Term Investments
000000000
Accounts Receivable
81.02M84.86M103.5M89.17M108.22M130.67M117.96M96.94M98.89M
Days Sales Outstanding
42.3639.3344.837.2240.5737.7438.0536.7240.85
Inventory
4.32M3.53M3.39M3.37M4.38M5.43M6.29M5.69M0
Days Inventory Outstanding
2.741.991.781.752.021.932.432.49-
Other Current Assets
2.79M11.79M3.17M3.1M3.5M3.73M3.97M2.84M29.53M
Total Non-Current Assets
573.78M590.38M653.93M669.8M697.31M744.68M793.76M830.25M778.07M
Property, Plant & Equipment
571.92M588.23M641.57M655.09M682.82M728.88M792.75M828.61M776.51M
Fixed Asset Turnover
1.22x1.34x1.31x1.33x1.43x1.73x1.43x1.16x1.14x
Goodwill
000000000
Intangible Assets
000000000
Long-Term Investments
000000000
Other Non-Current Assets
-7.38M-103.83M848K887K924K962K1.01M1.63M1.56M
Total Assets
690.4M▲ 0%
753.9M▲ 9.2%
808.1M▲ 7.2%
845.45M▲ 4.6%
884.26M▲ 4.6%
980.52M▲ 10.9%
990.34M▲ 1.0%
968.76M▼ 2.2%
949.77M▼ 2.0%
Asset Turnover
1.01x1.04x1.04x1.03x1.10x1.29x1.14x0.99x0.93x
Asset Growth %
5.61%9.2%7.19%4.62%4.59%10.89%1%-2.18%-1.96%
Total Current Liabilities
64.28M71.97M76.33M89.79M93.56M124.31M110.24M93.52M92.23M
Accounts Payable
16.48M15.7M22.92M25.7M20.15M37.3M36.52M25.78M28.77M
Days Payables Outstanding
10.438.8512.0113.339.313.2814.1411.312.6
Short-Term Debt
00529K507K249K301K000
Deferred Revenue (Current)
000000000
Other Current Liabilities
0040.88M48.27M52.9M72.28M-268K-296K63.46M
Current Ratio
1.81x2.27x2.02x1.96x2.00x1.90x1.78x1.48x1.86x
Quick Ratio
1.75x2.22x1.98x1.92x1.95x1.85x1.73x1.42x1.86x
Cash Conversion Cycle
34.6632.4634.5625.6433.2826.3926.3527.91-
Total Non-Current Liabilities
100.63M105.98M134.19M135.33M139.03M152.29M122.71M107.32M89.91M
Long-Term Debt
00000000194K
Capital Lease Obligations
00649K411K291K409K249K282K194K
Deferred Tax Liabilities
100.63M105.98M133.54M134.92M138.74M151.88M122.46M107.03M89.72M
Other Non-Current Liabilities
0000-291K-409K-249K-282K-194K
Total Liabilities
164.9M177.95M210.51M225.12M232.59M276.6M232.95M200.84M182.14M
Total Debt
001.18M918K540K710K249K282K388K
Net Debt
-15.79M-56.76M-30.28M-65.21M-56.45M-79.89M-52.96M-16.98M-42.89M
Debt / Equity
--0.00x0.00x0.00x0.00x0.00x0.00x0.00x
Debt / EBITDA
--0.01x0.00x0.00x0.00x0.00x0.00x0.00x
Net Debt / EBITDA
-0.11x-0.36x-0.18x-0.33x-0.26x-0.31x-0.26x-0.12x-0.37x
Interest Coverage
---------
Total Equity
525.5M▲ 0%
575.95M▲ 9.6%
597.59M▲ 3.8%
620.33M▲ 3.8%
651.68M▲ 5.1%
703.92M▲ 8.0%
757.39M▲ 7.6%
767.92M▲ 1.4%
767.63M▼ 0.0%
Equity Growth %
20.16%9.6%3.76%3.81%5.05%8.02%7.6%1.39%-0.04%
Book Value per Share
6.396.967.237.467.818.599.309.439.42
Total Shareholders' Equity
525.5M575.95M597.59M620.33M651.68M703.92M757.39M767.92M767.63M
Common Stock
545K545K547K827K830K811K813K815K815K
Retained Earnings
448.54M498.6M517.58M534.44M565.13M655.92M706.78M714.17M712.05M
Treasury Stock
000000000
Accumulated OCI
0-228.2M0000000
Minority Interest
000000000

MRTN Cash Flow Statement

Marten Transport, Ltd. (MRTN) cash flow — operating, investing & free cash flow history

MetricDec'17Dec'18Dec'19Dec'20Dec'21Dec'22Dec'23Dec'24Dec'25
Cash from Operations
121.88M150.62M156.46M189.6M171.2M219.49M164.38M134.81M93.49M
Operating CF Margin %
17.46%19.12%18.55%21.68%17.58%17.37%14.53%13.99%10.58%
Operating CF Growth %
-8.75%23.58%3.88%21.18%-9.7%28.2%-25.11%-17.99%-30.65%
Net Income
90.28M55.03M61.07M69.5M85.43M110.35M70.37M26.92M17.44M
Depreciation & Amortization
85.12M88.58M95.14M102.89M102.56M111.01M116.72M111.65M105.39M
Stock-Based Compensation
1.25M3.32M1.82M1.85M2.52M2.81M2.32M2.24M1.86M
Deferred Taxes
-47.23M5.35M16.05M-924K4.07M11.88M-14.58M-15.43M-17.32M
Other Non-Cash Items
-4.83M-7.03M-1.66M-3.88M-9.86M-6.78M-6.44M1.92M-5.67M
Working Capital Changes
-2.72M5.36M-15.95M20.15M-13.51M-9.8M-4.02M7.51M-8.22M
Change in Receivables
-5.97M-8.13M-13.64M-13.64M-16.75M-23.55M12.75M19.83M-661K
Change in Inventory
-49.1M8.13M013.64M00000
Change in Payables
11K1.8M5.26M883K-823K11.89M-3.62M-2.44M-1.5M
Cash from Investing
-95.32M-101.27M-140.51M-106.33M-123.73M-134.96M-172.54M-152.14M-42.88M
Capital Expenditures
-156.55M-168.52M-189.4M-173.05M-199.29M-176.62M-240.56M-233.23M-144.55M
CapEx % of Revenue
22.42%21.4%22.46%19.79%20.47%13.97%21.26%24.2%16.36%
Acquisitions
61.27M01.17M000000
Investments
---------
Other Investing
61.23M67.25M47.73M66.73M75.56M41.66M68.02M81.09M101.68M
Cash from Financing
-11.26M-8.38M-41.25M-48.61M-56.6M-60.93M-19.23M-18.62M-19.6M
Debt Issued (Net)
-7.89M00000000
Equity Issued (Net)
-101K-3.86M0-1.03M876K-41.75M1.21M1.3M9K
Dividends Paid
-4.36M-5.46M-42.09M-52.37M-54.73M-19.56M-19.51M-19.54M-14.67M
Share Repurchases
-101K-3.76M0-597K0-41.75M000
Other Financing
1.09M938K836K4.79M-2.74M390K-926K-382K-4.94M
Net Change in Cash
15.3M▲ 0%
40.97M▲ 167.7%
-25.3M▼ 161.8%
34.67M▲ 237.0%
-9.13M▼ 126.3%
23.61M▲ 358.5%
-27.39M▼ 216.0%
-35.95M▼ 31.3%
31.01M▲ 186.3%
Free Cash Flow
-34.67M▲ 0%
-17.9M▲ 48.4%
-32.94M▼ 84.0%
16.55M▲ 150.2%
-28.09M▼ 269.8%
42.87M▲ 252.6%
-76.18M▼ 277.7%
-98.42M▼ 29.2%
-51.06M▲ 48.1%
FCF Margin %
-4.97%-2.27%-3.91%1.89%-2.89%3.39%-6.73%-10.21%-5.78%
FCF Growth %
-20.44%48.37%-84.05%150.23%-269.77%252.6%-277.71%-29.19%48.11%
FCF per Share
-0.42-0.22-0.400.20-0.340.52-0.94-1.21-0.63
FCF Conversion (FCF/Net Income)
1.35x2.74x2.56x2.73x2.00x1.99x2.34x5.01x5.36x
Interest Paid
151K50K52K0065K10K00
Taxes Paid
14.36M9.53M4.95M17.98M21.72M23.65M36.98M19.17M27.02M

MRTN Key Ratios

Marten Transport, Ltd. (MRTN) financial ratios — P/E, ROE, debt and 30+ core market and balance-sheet ratios

Metric2016201720182019202020212022202320242025
Return on Equity (ROE)
7.9%18.75%9.99%10.41%11.41%13.43%16.28%9.63%3.53%2.27%
Return on Invested Capital (ROIC)
9.81%8.94%10.26%10.56%12.46%14.56%17.64%10.17%3.42%1.1%
Gross Margin
17.16%17.41%17.76%17.43%19.53%18.81%18.87%16.68%13.56%5.71%
Net Margin
4.99%12.93%6.99%7.24%7.95%8.77%8.73%6.22%2.79%1.97%
Debt / Equity
0.02x--0.00x0.00x0.00x0.00x0.00x0.00x0.00x
FCF Conversion
3.99x1.35x2.74x2.56x2.73x2.00x1.99x2.34x5.01x5.36x
Revenue Growth
0.92%4.02%12.82%7.07%3.69%11.35%29.81%-10.48%-14.83%-8.31%
Related:MRTN Dividend History·MRTN Revenue History·MRTN Price History·MRTN P/E History·MRTN Financial Ratios·MRTN Institutional Holders

MRTN SEC Filings & Documents

Marten Transport, Ltd. (MRTN) SEC filings — annual & quarterly reports (10-K, 10-Q)

8-K Announcements

6
Material company update

Apr 23, 2026·SEC

Material company update

Jan 27, 2026·SEC

Material company update

Oct 23, 2025·SEC

10-K Annual Reports

5
FY 2026

Feb 27, 2026·SEC

FY 2025

Feb 28, 2025·SEC

FY 2024

Feb 28, 2024·SEC

10-Q Quarterly Reports

6
FY 2025

Nov 7, 2025·SEC

FY 2025

Aug 8, 2025·SEC

FY 2025

May 9, 2025·SEC

MRTN Frequently Asked Questions

Marten Transport, Ltd. (MRTN) stock FAQ — growth, dividends, profitability & financials explained

Growth & Financials

Marten Transport, Ltd. (MRTN) reported $883.7M in revenue for fiscal year 2025. This represents a 505% increase from $146.2M in 1996.

Marten Transport, Ltd. (MRTN) saw revenue decline by 8.3% over the past year.

Yes, Marten Transport, Ltd. (MRTN) is profitable, generating $17.4M in net income for fiscal year 2025 (2.0% net margin).

Dividend & Returns

Yes, Marten Transport, Ltd. (MRTN) pays a dividend with a yield of 1.07%. This makes it attractive for income-focused investors.

Marten Transport, Ltd. (MRTN) has a return on equity (ROE) of 2.3%. This is below average, suggesting room for improvement.

Marten Transport, Ltd. (MRTN) had negative free cash flow of $51.1M in fiscal year 2025, likely due to heavy capital investments.

What if you invested $1,000 in MRTN back in 1996?

Total return calculator · dividends reinvested · 30+ years of data

See returns →

How much would $100/month in MRTN be worth today?

Dollar cost averaging calculator · DCA vs lump sum

Calculate →