MRTN
Company Description
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.
Track Record
| Metric | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 883.65M | 963.71M | 1.13B | 1.26B | 973.64M | 874.37M | 843.27M | 787.59M | 698.12M | 671.14M | 664.99M | 672.93M |
| Net Income | 17.44M | 26.92M | 70.37M | 110.35M | 85.43M | 69.50M | 61.07M | 55.03M | 90.28M | 33.46M | 35.74M | 29.83M |
| EPS | 0.21 | 0.33 | 0.87 | 1.35 | 1.03 | 0.84 | 0.75 | 0.67 | 1.11 | 0.41 | 0.43 | 0.36 |
| Free Cash Flow | (51.06M) | (98.42M) | (76.18M) | 42.87M | (28.09M) | 16.55M | (32.94M) | (17.90M) | (34.67M) | (28.79M) | N/A | N/A |
| FCF / Share | -0.63 | -1.21 | -0.94 | 0.52 | -0.34 | 0.20 | -0.40 | -0.22 | -0.42 | -0.35 | N/A | N/A |
| Operating CF | 93.49M | 134.81M | 164.38M | 219.49M | 171.20M | 189.60M | 156.46M | 150.62M | 121.88M | 133.57M | N/A | N/A |
| Total Assets | 949.77M | 968.76M | 990.34M | 980.52M | 884.26M | 845.45M | 808.10M | 753.90M | 690.40M | 653.75M | N/A | N/A |
| Total Debt | 388,000 | 282,000 | 249,000 | 710,000 | 540,000 | 918,000 | 1.18M | 0 | 0 | 7.89M | N/A | N/A |
| Cash & Equiv | 43.28M | 17.27M | 53.21M | 80.60M | 56.99M | 66.13M | 31.46M | 56.76M | 15.79M | 488,000 | N/A | N/A |
| Book Value | 767.62M | 767.92M | 757.39M | 703.92M | 651.68M | 620.33M | 597.59M | 575.95M | 525.50M | 437.34M | N/A | N/A |
| Return on Equity | 0.02 | 0.04 | 0.09 | 0.16 | 0.13 | 0.11 | 0.10 | 0.10 | 0.17 | 0.08 | N/A | N/A |
| Metric | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 203.53M | 210.11M | 220.47M | 229.92M | 223.15M | 230.43M | 237.37M | 246.24M | 249.67M | 268.22M | 279.54M | 285.67M |
| Net Income | 1.38M | 3.70M | 2.23M | 7.19M | 4.33M | 5.63M | 3.75M | 7.89M | 9.65M | 12.40M | 13.60M | 21.87M |
| EPS | 0.02 | 0.05 | 0.03 | 0.09 | 0.05 | 0.07 | 0.05 | 0.10 | 0.12 | 0.15 | 0.17 | 0.27 |
| Free Cash Flow | 21.11M | (13.91M) | (30.71M) | (23.82M) | 17.37M | (34.55M) | 125.12M | (29.54M) | 15.44M | (26.94M) | (24.83M) | (29.17M) |
| FCF / Share | 0.26 | -0.17 | -0.38 | -0.29 | 0.21 | -0.42 | 1.54 | -0.36 | 0.19 | -0.33 | -0.31 | -0.36 |
| Operating CF | 33.05M | 5.58M | 18.54M | 33.15M | 36.22M | 23.79M | 29.48M | 35.82M | 45.72M | 38.05M | 28.13M | 48.97M |
| Total Assets | 947.23M | 949.77M | 975.65M | 991.82M | 983.33M | 968.76M | 1.00B | 1.01B | 993.02M | 990.34M | 997.20M | 1.00B |
| Total Debt | 157,000 | 388,000 | 250,000 | 317,000 | 385,000 | 282,000 | 351,000 | 220,000 | 202,000 | 249,000 | 566,000 | 674,000 |
| Cash & Equiv | 69.79M | 43.28M | 49.48M | 35.05M | 39.91M | 17.27M | 42.99M | 77.20M | 73.73M | 53.21M | 68.07M | 80.53M |
| Book Value | 764.21M | 767.62M | 768.20M | 770.72M | 767.50M | 767.92M | 766.46M | 766.75M | 762.43M | 757.39M | 749.36M | 740.02M |
| Return on Equity | 0.00 | 0.00 | 0.00 | 0.01 | 0.01 | 0.01 | 0.00 | 0.01 | 0.01 | 0.02 | 0.02 | 0.03 |