Marten Transport, Ltd. logo MRTN - Marten Transport, Ltd.

Price: -- -- | CONSENSUS: Hold DETAILS
STRONG
BUY
0
BUY 6
HOLD 7
SELL 0
STRONG
SELL
0
| PRICE TARGET: $22.50 DETAILS
HIGH: $25.00
LOW: $20.00
MEDIAN: $22.50
CONSENSUS: $22.50
UPSIDE: 34.81%
Metric 2025 2024 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009 2008 2007 2006 2005 2004 2003 2002 2001 2000 1999 1998 1997 1996 1995 1994 1993
Revenue
Revenue 883.7 963.7 1,131.5 1,263.9 973.6 874.4 843.3 787.6 698.1 671.1 665.0 672.9 659.2 638.5 603.7 516.9 505.9 607.1 560.0 518.9 460.2 380.0 334.7 293.1 282.8 260.8 219.2 193.6 172.4 146.2 137.7 122.7 112.2
Cost of Revenue 833.2 833.0 942.7 1,025.4 790.5 703.6 696.3 647.7 576.6 556.0 550.7 570.1 563.1 551.9 521.4 444.0 204.9 276.6 246.7 309.6 269.1 223.2 193.4 173.3 160.8 143.5 119.0 100.6 89.5 79.8 68.1 57.7 37.8
Gross Profit 50.5 130.7 188.7 238.5 183.2 170.8 147.0 139.9 121.6 115.2 114.3 102.8 96.1 86.5 82.3 72.9 301.0 330.5 313.3 209.2 191.1 156.8 141.3 119.8 122.0 117.2 100.2 93.1 82.9 66.4 69.6 65.1 74.4
Operating Expenses
R&D Expenses 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
SG&A Expenses 8.8 62.1 66.2 59.7 50.3 55.5 45.9 45.3 44.6 38.5 35.1 33.0 28.9 25.7 22.8 20.5 173.7 193.2 190.4 165.6 145.5 125.9 116.2 104.8 96.6 81.0 68.8 62.5 56.3 57.0 56.6 51.0 47.3
Other Expenses 30.9 35.3 32.5 35.5 21.1 22.1 24.5 24.2 20.1 18.4 18.1 18.7 15.2 15.0 16.5 17.1 97.9 104.6 95.2 2.5 2.8 (0.4) 4.7 3.1 10.3 17.6 13.8 14.2 13.8 3.2 1.6 1.1 27.1
Operating Expenses 39.6 97.5 98.6 95.2 71.5 77.5 70.5 69.5 64.7 56.9 53.2 51.8 44.1 40.7 39.2 37.6 271.6 297.8 285.5 168.1 148.3 125.5 120.9 107.9 106.9 98.6 82.5 76.7 70.1 60.2 58.2 52.0 74.4
Operating Income
Operating Income 10.8 33.2 90.1 143.3 111.7 93.2 76.5 70.3 56.9 58.3 61.1 51.0 52.0 45.9 43.0 35.3 29.4 32.7 27.8 41.2 42.9 31.3 20.3 11.9 15.1 18.7 17.7 16.3 12.8 6.2 11.4 13.0 19
Interest Expense 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0.0 0 0.2 1.1 3.8 3.6 2.4 0 0 0 5.1 0 0 0 0 0 0 0 0
Interest Income 0 0 0 0 0 0 0 0 0 0 0 0 0 0.0 0 0.0 0.1 0.2 0.7 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Profitability
EBITDA 129.8 139.9 193.2 241.0 198.0 185.7 163.0 151.7 135.5 130.2 126.7 114.9 110.5 101.5 100.6 87.2 82.6 82.6 75.5 85.5 82.8 65.6 20.3 11.9 (118.7) 31.3 (80.7) (65.5) (59.4) (57.6) (42.3) (32) 30.1
EBIT 24.4 28.2 76.5 130.0 95.4 82.8 67.8 63.1 51.4 47.8 51.4 46.6 46.0 40.6 39.2 34.2 69.2 32.9 27.7 41.2 (226.2) (191.9) (173.1) 11.9 282.8 6.1 (101.3) (84.2) (76.6) (73.6) (56.7) (44.7) 19
Income Before Tax 24.4 36.3 93.9 144.2 111.7 93.4 77.7 71.0 56.5 57.1 60.7 51.7 52.4 45.9 43.1 34.7 28.7 30.6 23.9 37.9 41.5 30.7 19.1 9.6 10.5 12.8 13.9 12.6 8.8 2.7 8.3 10.6 9.1
Income Tax Expense 6.9 9.4 23.5 33.8 26.3 23.9 16.6 16.0 (33.8) 23.6 24.9 21.8 22.2 18.1 18.0 14.9 12.5 12.6 8.9 13.4 16.4 13.2 7.3 3.7 4.0 4.9 5.4 5.0 3.5 1.1 3.3 4.2 3.6
Net Income 17.4 26.9 70.4 110.4 85.4 69.5 61.1 55.0 90.3 33.5 35.7 29.8 30.1 27.3 24.3 19.7 16.3 18.1 15.0 24.5 25.1 17.5 11.8 6.0 6.5 7.9 8.5 7.6 5.3 1.6 5.0 6.4 6.4
Per Share Data
EPS (Basic) 0.21 0.33 0.87 1.35 1.03 0.84 0.75 0.67 1.11 0.41 0.43 0.36 0.36 0.33 0.29 0.24 0.20 0.22 0.18 0.30 0.31 0.22 0.19 0.11 0.12 0.15 0.05 0.04 0.04 0.01 0.04 0.05 0.02
EPS (Diluted) 0.21 0.33 0.86 1.35 1.02 0.84 0.74 0.67 1.10 0.41 0.42 0.36 0.36 0.33 0.29 0.24 0.20 0.22 0.18 0.30 0.30 0.22 0.18 0.11 0.12 0.15 0.05 0.04 0.04 0.01 0.04 0.05 0.02
Shares Outstanding 81.5 81.4 81.3 81.7 82.9 82.5 81.9 81.9 81.7 81.3 83.7 83.5 83.1 82.7 82.4 82.2 82.0 81.6 81.7 81.4 81.0 79.2 62.3 53.3 53.1 53.1 182.8 191.0 128.0 128.0 128.0 128.0 65.0
Metric 2025 2024 2023 2022 2021 2020 2019 2018 2017 2016 2009 2008 2004 2003 2002 2001 2000 1999 1998 1997 1996 1995 1994 1993
Current Assets
Cash & Cash Equivalents 43.3 17.3 53.2 80.6 57.0 66.1 31.5 56.8 15.8 0.5 5.4 2.4 2.8 0.5 0.1 2.0 0 0 1.1 2.1 3.0 3.3 3.1 5.3
Short-Term Investments 0 0 0 0 0 0 0 0 0 0 0.1 2.6 0.1 19.2 0 0 0 0 0 0 0 0 0 0
Net Receivables 98.9 96.9 118.0 130.7 108.2 89.2 103.5 84.9 81.0 73.6 49.8 57.5 47.5 41.9 37.2 31.8 33.5 27.7 19.8 18.9 19.4 17.5 16.5 15.2
Inventory 0 5.7 6.3 5.4 4.4 3.4 3.4 3.5 4.3 4.3 (49.8) (57.5) (44.6) (41.4) (37.2) (31.8) 0 0 0 0 0 0 0 0
Other Current Assets 29.5 2.8 4.0 3.7 3.5 3.1 3.2 11.8 2.8 2.9 7.5 8.2 7.8 3.0 4.3 3.3 2.3 4.2 3.3 4.2 3.5 2.8 2.3 6.6
Total Current Assets 171.7 138.5 196.6 235.8 186.9 175.7 154.2 163.5 116.6 93.4 72.8 82.4 65.2 74.2 49.3 44.5 44.0 39.3 32.0 32.0 32.3 29.5 26.8 27.1
Non-Current Assets
Property, Plant & Equipment 776.5 828.6 792.8 728.9 682.8 655.1 641.6 588.2 571.9 557.8 341.5 314.3 215.7 169.8 159.8 161.7 166.4 145.7 123.8 112.7 105.9 93.6 78.7 69.6
Goodwill 0 0 0 0 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 0 0 0 0
Long-Term Investments 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Other Non-Current Assets 1.6 1.6 1.0 1.0 0.9 0.9 0.8 (103.8) (7.4) (145.4) (4.6) (5.4) 1.3 2.5 2.5 0.7 1.7 0.9 1.0 0.6 0 0 0.1 0.1
Total Non-Current Assets 778.1 830.2 793.8 744.7 697.3 669.8 653.9 590.4 573.8 560.3 342.0 315.1 222.8 175.4 166.7 165.7 168.1 146.6 124.7 113.3 105.9 93.6 78.8 69.7
Total Assets 949.8 968.8 990.3 980.5 884.3 845.5 808.1 753.9 690.4 653.7 414.8 397.4 288.1 249.6 216.0 210.3 212.1 185.9 156.7 145.3 138.1 123.1 105.6 96.8
Current Liabilities
Account Payables 28.8 25.8 36.5 37.3 20.1 25.7 22.9 15.7 16.5 14.4 16.3 15.8 4.6 3.7 4.9 5.4 13.5 6.3 3.7 4.5 3.8 3.2 3.1 2.6
Short-Term Debt 0 0 0 0.3 0.2 0.5 0.5 0 0 0 1.4 1.4 7.8 5 3.6 3.6 1.7 5.7 8.9 21.6 20.1 17.9 15.0 15.2
Deferred Revenue 0 0 0 0 0 0 0 0 0 0 34.8 38.5 12.3 13.4 10.6 9.2 8.0 8.2 8.1 8.6 7.2 7.4 6.1 0
Other Current Liabilities 63.5 (0.3) (0.3) 72.3 52.9 48.3 40.9 0 0 0 1.7 1.8 18.2 12.6 13.0 9.0 0.9 12.7 10.5 11.6 13.6 11.8 9.6 13
Total Current Liabilities 92.2 93.5 110.2 124.3 93.6 89.8 76.3 72.0 64.3 60.7 54.2 57.5 38.4 34.7 32.2 27.2 24.0 32.8 31.2 46.3 44.7 40.3 33.8 30.8
Non-Current Liabilities
Long-Term Debt 0.2 0 0 0 0 0 0 0 0 7.9 0.1 1.4 25.3 22.9 60.1 71.5 88.2 63.6 47.2 30.7 33.5 27.1 24.9 21.1
Deferred Tax Liabilities 89.7 107.0 122.5 151.9 138.7 134.9 133.5 106.0 100.6 147.9 85.6 81.0 56.5 47.5 44.6 39.2 34.0 29.9 25.0 22.6 19.9 17.5 13.8 10.1
Other Non-Current Liabilities (0.2) (0.3) (0.2) (0.4) (0.3) 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0.1
Total Non-Current Liabilities 89.9 107.3 122.7 152.3 139.0 135.3 134.2 106.0 100.6 155.7 85.7 82.5 81.8 70.4 104.6 110.7 122.2 93.5 72.2 53.3 53.4 44.6 38.7 31.3
Total Liabilities 182.1 200.8 233.0 276.6 232.6 225.1 210.5 177.9 164.9 216.4 139.9 140.0 120.2 105.1 136.8 137.9 146.2 126.3 103.4 99.6 98.1 84.9 72.5 62.1
Stockholders' Equity
Common Stock 0.8 0.8 0.8 0.8 0.8 0.8 0.5 0.5 0.5 0.3 0.2 0.2 0.1 0.1 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0
Retained Earnings 712.0 714.2 706.8 655.9 565.1 534.4 517.6 498.6 448.5 362.8 196.5 180.2 97.7 80.1 68.4 62.4 55.9 49.6 43.3 35.7 30.4 28.8 23.8 23.8
Accumulated Other Comprehensive Income 0 0 0 0 0 0 0 (228.2) 0 0 0 0 0 0 0 (0.3) 0 0 0 0 0 0 0 0
Total Stockholders' Equity 767.6 767.9 757.4 703.9 651.7 620.3 597.6 576.0 525.5 437.3 273.2 255.7 167.9 144.5 79.2 72.4 65.8 59.6 53.3 45.7 40.0 38.2 33.1 34.7
Total Liabilities & Equity 949.8 968.8 990.3 980.5 884.3 845.5 808.1 753.9 690.4 653.7 414.8 397.4 288.1 249.6 216.0 210.3 212.1 185.9 156.7 145.3 138.1 123.1 105.6 96.8
Debt Metrics
Total Debt 0.4 0.3 0.2 0.7 0.5 0.9 1.2 0 0 7.9 1.5 2.9 33.1 28.4 63.8 75.1 89.9 69.3 56.1 52.3 53.6 45.0 39.9 36.3
Net Debt (42.9) (17.0) (53.0) (79.9) (56.5) (65.2) (30.3) (56.8) (15.8) 7.4 (3.9) 0.5 30.3 27.9 63.6 73.1 89.9 69.3 55.0 50.2 50.6 41.7 36.8 31
Metric 2025 2024 2023 2022 2021 2020 2019 2018 2017 2016 2005 2004 2003 2002 2001 2000 1999 1998 1997 1996 1995 1994 1993
Operating Activities
Net Income 17.4 26.9 70.4 110.4 85.4 69.5 61.1 55.0 90.3 33.5 25.1 17.5 11.8 6.0 6.5 7.9 8.5 7.6 5.3 1.6 5.0 6.4 6.4
Depreciation & Amortization 105.4 111.7 116.7 111.0 102.6 102.9 95.1 88.6 85.1 82.4 38.2 32.8 30.0 27.7 27.0 25.2 20.6 18.7 17.2 16.0 14.5 12.7 (12.5)
Stock-Based Compensation 1.9 2.2 2.3 2.8 2.5 1.9 1.8 3.3 1.2 0.9 0 0 0 0 0 0 0 0 0 0 0 0 0
Change in Working Capital (8.2) 7.5 (4.0) (9.8) (13.5) 20.2 (15.9) 5.4 (2.7) 13.0 0.5 (6.0) (6.3) 0.1 3.5 (12.1) (2.3) (5.1) (0.5) (0.6) 0.8 1.6 (3.5)
Other Non-Cash Items (5.7) 1.9 (6.4) (6.8) (9.9) (3.9) (1.7) (7.0) (4.8) (9.7) (3.1) 0.4 (0.3) 0.0 (1.1) 0.7 (0.4) 0.9 0.6 0.4 0.9 (2.2) 23.8
Operating Cash Flow 93.5 134.8 164.4 219.5 171.2 189.6 156.5 150.6 121.9 133.6 72.5 50.9 39.6 38.1 40.0 27.0 28.3 24.5 24.4 16.6 21.4 21.8 16.5
Investing Activities
Capital Expenditure (144.6) (233.2) (240.6) (176.6) (199.3) (173.1) (189.4) (168.5) (156.5) (162.4) (121.4) (107.1) (55.6) (40.0) (31.8) (56.2) (64.3) (43.8) (34.5) (43.4) (39.8) (28.0) (29.5)
Acquisitions 0 0 0 0 0 0 1.2 0 61.3 65.1 32.9 11.5 35.4 0 0 0 0 0 0 0 0 0 0
Purchases of Investments 0 0 0 0 0 0 0 0 0 0 (32.5) (70.2) (81.3) 0 0 0 0 0 0 0 0 0 0
Sales/Maturities of Investments 0 0 0 0 0 0 0 0 0 0 32.1 89.3 62.1 0 0 0 0 0 0 0 0 0 0
Other Investing Activities 101.7 81.1 68.0 41.7 75.6 66.7 47.7 67.3 61.2 65.1 0.4 (1.6) 1.3 10.7 8.4 10.3 23.9 14.5 10.1 17.7 13.3 8.4 7.9
Investing Cash Flow (42.9) (152.1) (172.5) (135.0) (123.7) (106.3) (140.5) (101.3) (95.3) (97.3) (88.6) (78.0) (38.1) (29.4) (23.5) (45.9) (40.4) (29.3) (24.4) (25.7) (26.5) (19.6) (21.6)
Financing Activities
Net Debt Issuance 0 0 0 0 0 0 0 0 (7.9) (30.0) 15.8 5.6 (70.6) 70.4 68.6 20.6 13.1 3.8 (1.3) 8.6 5.1 3.6 4.5
Stock Repurchased 0 0 0 (41.8) 0 (0.6) 0 (3.8) (0.1) (7.5) 0 0 0 0 0 (1.7) (2.1) 0 0 0 0 (8) 0
Dividends Paid (14.7) (19.5) (19.5) (19.6) (54.7) (52.4) (42.1) (5.5) (4.4) (3.3) 0 0 0 0 0 0 0 0 0 0 0 0 0
Other Financing Activities (4.9) (0.4) (0.9) 0.4 (2.7) 4.8 0.8 0.9 1.1 4.4 0 0 16.0 (81.8) (83.4) 0 0 0 0 0 0 0 0
Financing Cash Flow (19.6) (18.6) (19.2) (60.9) (56.6) (48.6) (41.3) (8.4) (11.3) (36.5) 16.3 27.1 (1.5) (10.8) (14.5) 19.0 11.0 3.8 (1.0) 8.8 5.2 (4.4) 4.5
Cash Position
Net Change in Cash 31.0 (35.9) (27.4) 23.6 (9.1) 34.7 (25.3) 41.0 15.3 0.1 0.2 0 0 (10.8) (14.5) 0 11.0 (0.9) (1.0) (0.3) 0.2 (2.2) 4.5
Cash at Beginning 17.3 53.2 80.6 57.0 66.1 31.5 56.8 15.8 0.5 0.4 0.9 0 0 2.0 16.5 0 1.1 2.1 3.0 3.3 3.1 5.3 5.9
Cash at End 48.3 17.3 53.2 80.6 57.0 66.1 31.5 56.8 15.8 0.5 1.1 0 0 (8.8) 2.0 0 12.1 1.1 2.1 3.0 3.3 3.1 10.4
Free Cash Flow (51.1) (98.4) (76.2) 42.9 (28.1) 16.5 (32.9) (17.9) (34.7) (28.8) (49.0) (56.2) (16.0) (1.9) 8.1 (29.3) (36.0) (19.3) (10.1) (26.8) (18.4) (6.2) (13)
Key Metrics 2025 2024 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009 2008 2007 2006 2005 2004 2003 2002 2001 2000 1999 1998 1997 1996 1995 1994 1993
Income Statement
Revenue 883.7 963.7 1,131.5 1,263.9 973.6 874.4 843.3 787.6 698.1 671.1 665.0 672.9 659.2 638.5 603.7 516.9 505.9 607.1 560.0 518.9 460.2 380.0 334.7 293.1 282.8 260.8 219.2 193.6 172.4 146.2 137.7 122.7 112.2
Gross Profit 50.5 130.7 188.7 238.5 183.2 170.8 147.0 139.9 121.6 115.2 114.3 102.8 96.1 86.5 82.3 72.9 301.0 330.5 313.3 209.2 191.1 156.8 141.3 119.8 122.0 117.2 100.2 93.1 82.9 66.4 69.6 65.1 74.4
Operating Income 10.8 33.2 90.1 143.3 111.7 93.2 76.5 70.3 56.9 58.3 61.1 51.0 52.0 45.9 43.0 35.3 29.4 32.7 27.8 41.2 42.9 31.3 20.3 11.9 15.1 18.7 17.7 16.3 12.8 6.2 11.4 13.0 19
Net Income 17.4 26.9 70.4 110.4 85.4 69.5 61.1 55.0 90.3 33.5 35.7 29.8 30.1 27.3 24.3 19.7 16.3 18.1 15.0 24.5 25.1 17.5 11.8 6.0 6.5 7.9 8.5 7.6 5.3 1.6 5.0 6.4 6.4
EPS (Diluted) 0.21 0.33 0.86 1.35 1.02 0.84 0.74 0.67 1.10 0.41 0.42 0.36 0.36 0.33 0.29 0.24 0.20 0.22 0.18 0.30 0.30 0.22 0.18 0.11 0.12 0.15 0.05 0.04 0.04 0.01 0.04 0.05 0.02
Balance Sheet
Cash & Equivalents 43.3 17.3 53.2 80.6 57.0 66.1 31.5 56.8 15.8 0.5 5.4 2.4 2.8 0.5 0.1 2.0 0 0 1.1 2.1 3.0 3.3 3.1 5.3
Total Assets 949.8 968.8 990.3 980.5 884.3 845.5 808.1 753.9 690.4 653.7 414.8 397.4 288.1 249.6 216.0 210.3 212.1 185.9 156.7 145.3 138.1 123.1 105.6 96.8
Total Debt 0.4 0.3 0.2 0.7 0.5 0.9 1.2 0 0 7.9 1.5 2.9 33.1 28.4 63.8 75.1 89.9 69.3 56.1 52.3 53.6 45.0 39.9 36.3
Stockholders' Equity 767.6 767.9 757.4 703.9 651.7 620.3 597.6 576.0 525.5 437.3 273.2 255.7 167.9 144.5 79.2 72.4 65.8 59.6 53.3 45.7 40.0 38.2 33.1 34.7
Cash Flow
Operating Cash Flow 93.5 134.8 164.4 219.5 171.2 189.6 156.5 150.6 121.9 133.6 72.5 50.9 39.6 38.1 40.0 27.0 28.3 24.5 24.4 16.6 21.4 21.8 16.5
Capital Expenditure (144.6) (233.2) (240.6) (176.6) (199.3) (173.1) (189.4) (168.5) (156.5) (162.4) (121.4) (107.1) (55.6) (40.0) (31.8) (56.2) (64.3) (43.8) (34.5) (43.4) (39.8) (28.0) (29.5)
Free Cash Flow (51.1) (98.4) (76.2) 42.9 (28.1) 16.5 (32.9) (17.9) (34.7) (28.8) (49.0) (56.2) (16.0) (1.9) 8.1 (29.3) (36.0) (19.3) (10.1) (26.8) (18.4) (6.2) (13)