Marten Transport, Ltd. (MRTN) quarterly balance sheet — complete assets, liabilities & equity history
Marten Transport, Ltd. (MRTN) balance sheet — 30-year assets, liabilities & shareholders' equity history
| Metric | Q3'26 | Q2'26 | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 |
|---|
| Total Current Assets | 224.39M | 237.93M | 195.6M | 171.7M | 175.99M | 155.81M | 162.5M | 138.51M | 170.28M | 219.57M | 214.02M | 196.58M | 224.59M | 231.96M | 243.91M | 235.84M | 225.31M | 237.88M | 220.03M | 186.95M |
| Cash & Short-Term Investments | 91.5M | 103.98M | 69.79M | 43.28M | 49.48M | 35.05M | 39.91M | 17.27M | 42.99M | 77.2M | 73.73M | 53.21M | 68.07M | 80.53M | 96.29M | 80.6M | 71.49M | 68.37M | 66.53M | 56.99M |
| Cash Only | 91.5M | 103.98M | 69.79M | 43.28M | 49.48M | 35.05M | 39.91M | 17.27M | 42.99M | 77.2M | 73.73M | 53.21M | 68.07M | 80.53M | 96.29M | 80.6M | 71.49M | 68.37M | 66.53M | 56.99M |
| Short-Term Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accounts Receivable | 105.31M | 104.44M | 100.03M | 98.89M | 103.11M | 98.82M | 99.97M | 96.94M | 100.43M | 111.38M | 115.63M | 117.96M | 120.52M | 113.78M | 117.93M | 130.67M | 127.19M | 141.89M | 130.22M | 108.22M |
| Days Sales Outstanding | 43.22 | 41.62 | 43.98 | 44.23 | 42.13 | 39.34 | 39.71 | 39.4 | 41.05 | 41.95 | 42.57 | 40.9 | 38.56 | 36.9 | 37.54 | 36.77 | 38.15 | 37.57 | 37.35 | 36.28 |
| Inventory | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 5.69M | 0 | 0 | 0 | 6.29M | 0 | 0 | 0 | 5.43M | 0 | 0 | 0 | 4.38M |
| Days Inventory Outstanding | - | - | - | - | - | - | - | 2.66 | - | - | - | 2.56 | - | - | - | 1.88 | - | - | - | 1.85 |
| Other Current Assets | 5M | 5M | 25.79M | 29.53M | 23.4M | 21.94M | 22.62M | 2.84M | 26.85M | 31M | 24.66M | 3.97M | 11.7M | 10.65M | 7.99M | 3.73M | 4.44M | 3.68M | 4.32M | 3.5M |
| Total Non-Current Assets | 731.58M | 717.55M | 751.62M | 778.07M | 799.66M | 836M | 820.83M | 830.25M | 829.73M | 790.32M | 779M | 793.76M | 772.62M | 772.13M | 735.36M | 744.68M | 713.39M | 683.24M | 665.36M | 697.31M |
| Property, Plant & Equipment | 730.16M | 716.08M | 750.08M | 776.51M | 793M | 834.27M | 819.06M | 828.61M | 828.02M | 788.8M | 777.5M | 792.75M | 771M | 770.52M | 733.72M | 728.88M | 711.97M | 681.75M | 663.82M | 682.82M |
| Fixed Asset Turnover | 0.31x | 0.30x | 0.27x | 0.27x | 0.27x | 0.28x | 0.27x | 0.28x | 0.29x | 0.31x | 0.32x | 0.34x | 0.36x | 0.38x | 0.41x | 0.45x | 0.47x | 0.49x | 0.43x | 0.39x |
| Goodwill | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long-Term Investments | 0 | 0 | 0 | 0 | 5M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Non-Current Assets | 1.41M | 1.48M | 1.55M | 1.56M | 1.65M | 1.74M | 1.77M | 1.63M | 1.71M | 1.52M | 1.5M | 1.01M | 1.62M | 1.6M | 1.64M | 962K | 1.42M | 1.48M | 1.54M | 924K |
| Total Assets | 955.97M | 955.49M | 947.23M | 949.77M | 975.65M | 991.82M | 983.33M | 968.76M | 1B | 1.01B | 993.02M | 990.34M | 997.2M | 1B | 979.27M | 980.52M | 938.7M | 921.12M | 885.4M | 884.26M |
| Asset Turnover | 0.23x | 0.23x | 0.21x | 0.22x | 0.22x | 0.23x | 0.23x | 0.23x | 0.24x | 0.25x | 0.25x | 0.27x | 0.28x | 0.29x | 0.30x | 0.34x | 0.35x | 0.36x | 0.32x | 0.30x |
| Asset Growth % | -2.02% | -3.66% | -3.67% | -1.96% | -2.44% | -1.79% | -0.98% | -2.18% | 0.28% | 0.58% | 1.4% | 1% | 6.23% | 9.01% | 10.6% | 10.89% | 3.91% | 4.16% | 3.51% | 4.59% |
| Total Current Liabilities | 101.44M | 95.05M | 94.25M | 92.23M | 115.58M | 116.69M | 109.62M | 93.52M | 116.75M | 118.98M | 111.44M | 110.24M | 121.64M | 131.02M | 119.6M | 124.31M | 125.46M | 130.72M | 109.38M | 93.56M |
| Accounts Payable | 35.78M | 28.04M | 27.76M | 28.77M | 39.74M | 44.89M | 37.78M | 25.78M | 47.28M | 47.21M | 37.73M | 36.52M | 42.04M | 36.11M | 41.56M | 37.3M | 43.19M | 48.46M | 29.16M | 20.15M |
| Days Payables Outstanding | 13.34 | 11.72 | 12.6 | 15.33 | 17.88 | 17.08 | 13.16 | 17.05 | 20.9 | 18.12 | 15.73 | 15.97 | 15.11 | 15.12 | 14.49 | 13.93 | 15.93 | 13.3 | 9.67 | 11.4 |
| Short-Term Debt | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 301K | 0 | 0 | 0 | 249K |
| Deferred Revenue (Current) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Current Liabilities | 0 | 0 | 0 | 63.46M | 0 | 0 | 0 | -296K | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 86.71M | 0 | 0 | 0 | 52.9M |
| Current Ratio | 2.21x | 2.50x | 2.08x | 1.86x | 1.52x | 1.34x | 1.48x | 1.48x | 1.46x | 1.85x | 1.92x | 1.78x | 1.85x | 1.77x | 2.04x | 1.90x | 1.80x | 1.82x | 2.01x | 2.00x |
| Quick Ratio | 2.21x | 2.50x | 2.08x | 1.86x | 1.52x | 1.34x | 1.48x | 1.42x | 1.46x | 1.85x | 1.92x | 1.73x | 1.85x | 1.77x | 2.04x | 1.85x | 1.80x | 1.82x | 2.01x | 1.95x |
| Cash Conversion Cycle | - | - | - | - | - | - | - | 25.01 | - | - | - | 27.48 | - | - | - | 24.71 | - | - | - | 26.73 |
| Total Non-Current Liabilities | 90.36M | 94.48M | 88.77M | 89.91M | 91.87M | 104.42M | 106.21M | 107.32M | 116.79M | 124.16M | 119.15M | 122.71M | 126.2M | 133.04M | 138.16M | 152.29M | 130.81M | 130.25M | 127.25M | 139.03M |
| Long-Term Debt | 0 | 0 | 0 | 194K | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Capital Lease Obligations | 82K | 119K | 157K | 194K | 250K | 317K | 385K | 282K | 351K | 220K | 202K | 249K | 316K | 307K | 335K | 409K | 214K | 275K | 336K | 291K |
| Deferred Tax Liabilities | 90.28M | 94.36M | 88.61M | 89.72M | 91.62M | 104.1M | 105.82M | 107.03M | 116.44M | 123.94M | 118.95M | 122.46M | 0 | 0 | 0 | 151.88M | 0 | 0 | 0 | 138.74M |
| Other Non-Current Liabilities | 0 | 0 | 0 | -194K | -250K | -317K | -385K | -282K | -351K | -220K | 0 | 0 | 125.89M | 132.74M | 137.82M | 0 | 130.59M | 129.97M | 126.92M | 0 |
| Total Liabilities | 191.8M | 189.52M | 183.02M | 182.14M | 207.45M | 221.1M | 215.83M | 200.84M | 233.54M | 243.13M | 230.59M | 232.95M | 247.85M | 264.06M | 257.76M | 276.6M | 256.26M | 260.96M | 236.64M | 232.59M |
| Total Debt | 82K | 358K | 434K | 388K | 250K | 317K | 385K | 282K | 351K | 220K | 202K | 249K | 566K | 674K | 691K | 710K | 459K | 521K | 583K | 540K |
| Net Debt | -91.42M | -103.62M | -69.35M | -42.89M | -49.23M | -34.73M | -39.52M | -16.98M | -42.64M | -76.98M | -73.53M | -52.96M | -67.5M | -79.85M | -95.6M | -79.89M | -71.03M | -67.85M | -65.94M | -56.45M |
| Debt / Equity | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x |
| Debt / EBITDA | 0.00x | 0.01x | 0.02x | 0.01x | 0.01x | 0.01x | 0.01x | 0.01x | 0.01x | 0.01x | 0.00x | 0.01x | 0.01x | 0.01x | 0.01x | 0.01x | 0.01x | 0.01x | 0.01x | 0.01x |
| Net Debt / EBITDA | -3.32x | -3.27x | -2.61x | -1.44x | -1.75x | -0.94x | -1.19x | -0.50x | -1.35x | -2.02x | -1.80x | -1.19x | -1.46x | -1.39x | -1.63x | -1.28x | -1.14x | -1.00x | -1.06x | -1.00x |
| Interest Coverage | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Total Equity | 764.16M | 765.96M | 764.21M | 767.63M | 768.2M | 770.72M | 767.5M | 767.92M | 766.46M | 766.75M | 762.43M | 757.39M | 749.36M | 740.02M | 721.51M | 703.92M | 682.44M | 660.16M | 648.76M | 651.68M |
| Equity Growth % | -0.53% | -0.62% | -0.43% | -0.04% | 0.23% | 0.52% | 0.67% | 1.39% | 2.28% | 3.61% | 5.67% | 7.6% | 9.81% | 12.1% | 11.21% | 8.02% | 8.31% | 1% | 2.17% | 5.05% |
| Book Value per Share | 9.36 | 9.38 | 9.37 | 9.42 | 9.42 | 9.45 | 9.42 | 9.42 | 9.41 | 9.41 | 9.36 | 9.30 | 9.20 | 9.09 | 8.87 | 8.65 | 8.39 | 8.05 | 7.79 | 7.81 |
| Total Shareholders' Equity | 764.16M | 765.96M | 764.21M | 767.63M | 768.2M | 770.72M | 767.5M | 767.92M | 766.46M | 766.75M | 762.43M | 757.39M | 749.36M | 740.02M | 721.51M | 703.92M | 682.44M | 660.16M | 648.76M | 651.68M |
| Common Stock | 817K | 817K | 816K | 815K | 815K | 815K | 815K | 815K | 814K | 814K | 814K | 813K | 813K | 813K | 812K | 811K | 811K | 810K | 819K | 830K |
| Retained Earnings | 706.98M | 708.97M | 708.53M | 712.05M | 713.24M | 715.91M | 713.61M | 714.17M | 713.42M | 714.55M | 711.55M | 706.78M | 699.26M | 690.54M | 673.55M | 655.92M | 635.26M | 614.48M | 587.69M | 565.13M |
| Treasury Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accumulated OCI | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |