MRTN
Marten Transport, Ltd.
Price Chart
No historical data available
Latest Quote
$14.42
| Previous Close | $14.36 |
| Open | $14.36 |
| Day High | $14.50 |
| Day Low | $14.28 |
| Volume | 587,822 |
Stock Information
| Quarterly Dividend / Yield | $0.24 / 1.67% |
| Shares Outstanding | 81.66M |
| Quarterly Dividend Yield | 1.67% |
| Quarterly Dividend | $0.24 |
| Total Debt | $358K |
| Cash Equivalents | $103.98M |
| Revenue | $857.65M |
| Net Income | $12.64M |
| Sector | Industrials |
| Industry | Trucking |
| Market Cap | $1.18B |
| P/E Ratio | 96.13 |
| EPS (TTM) | $0.15 |
| Exchange | NMS |
Recent Price History
About Marten Transport, Ltd.
Marten Transport, Ltd. operates as a temperature-sensitive truckload carrier for shippers in the United States, Mexico, and Canada. It operates through Truckload, Dedicated, and Brokerage segments. The Truckload segment transports food and other consumer packaged goods that require a temperature-controlled or insulated environment, as well as dry freight; and regional short-haul and medium-to-long-haul full-load transportation services. The Dedicated segment offers customized transportation solutions for individual customers' requirements using temperature-controlled trailers, dry vans, and other specialized equipment. 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, 2025, the company operated a fleet of 2,654 tractors that included 2,577 company-owned tractors and 77 tractors supplied by independent contractors. Marten Transport, Ltd. was founded in 1946 and is headquartered in Mondovi, Wisconsin.
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Income Statement (Annual)
| Metric | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 |
|---|---|---|---|---|
| Revenue | ||||
| Reconciled Cost Of Revenue | $767,782,000 | $833,007,000 | $942,722,000 | $1,025,381,000 |
| Cost Of Revenue | $767,782,000 | $833,007,000 | $942,722,000 | $1,025,381,000 |
| Total Revenue | $883,652,000 | $963,708,000 | $1,131,455,000 | $1,263,878,000 |
| Operating Revenue | $883,652,000 | $963,708,000 | $1,131,455,000 | $1,263,878,000 |
| Expenses | ||||
| Total Expenses | $872,806,000 | $935,459,000 | $1,054,957,000 | $1,133,913,000 |
| Other Income Expense | $13,531,000 | $8,097,000 | $17,418,000 | $14,206,000 |
| Other Non Operating Income Expenses | $1,464,000 | $3,126,000 | $3,806,000 | $827,000 |
| Operating Expense | $105,024,000 | $102,452,000 | $112,235,000 | $108,532,000 |
| Other Operating Expenses | $30,889,000 | $30,012,000 | $35,019,000 | $38,079,000 |
| General And Administrative Expense | $64,398,000 | $62,138,000 | $66,163,000 | $59,690,000 |
| Income & Earnings | ||||
| Net Income From Continuing Operation Net Minority Interest | $17,444,000 | $26,922,000 | $70,373,000 | $110,354,000 |
| Normalized Income | $8,804,028 | $23,239,909 | $60,173,276 | $100,119,065 |
| Net Income From Continuing And Discontinued Operation | $17,444,000 | $26,922,000 | $70,373,000 | $110,354,000 |
| Total Operating Income As Reported | $22,913,000 | $33,220,000 | $90,110,000 | $143,344,000 |
| Net Income Common Stockholders | $17,444,000 | $26,922,000 | $70,373,000 | $110,354,000 |
| Net Income | $17,444,000 | $26,922,000 | $70,373,000 | $110,354,000 |
| Net Income Including Noncontrolling Interests | $17,444,000 | $26,922,000 | $70,373,000 | $110,354,000 |
| Net Income Continuous Operations | $17,444,000 | $26,922,000 | $70,373,000 | $110,354,000 |
| Pretax Income | $24,377,000 | $36,346,000 | $93,916,000 | $144,171,000 |
| Special Income Charges | $12,067,000 | $4,971,000 | $13,612,000 | $13,379,000 |
| Operating Income | $10,846,000 | $28,249,000 | $76,498,000 | $129,965,000 |
| Gross Profit | $115,870,000 | $130,701,000 | $188,733,000 | $238,497,000 |
| Per Share | ||||
| Diluted EPS | $0.21 | $0.33 | $0.86 | $1.35 |
| Basic EPS | $0.21 | $0.33 | $0.87 | $1.35 |
| Other | ||||
| Tax Effect Of Unusual Items | $3,427,028 | $1,288,909 | $3,412,276 | $3,144,065 |
| Tax Rate For Calcs | $0 | $0 | $0 | $0 |
| Normalized EBITDA (Bullshit earnings) | $104,171,000 | $134,931,000 | $179,608,000 | $227,600,000 |
| Total Unusual Items | $12,067,000 | $4,971,000 | $13,612,000 | $13,379,000 |
| Total Unusual Items Excluding Goodwill | $12,067,000 | $4,971,000 | $13,612,000 | $13,379,000 |
| Reconciled Depreciation | $105,392,000 | $111,653,000 | $116,722,000 | $111,014,000 |
| EBITDA (Bullshit earnings) | $116,238,000 | $139,902,000 | $193,220,000 | $240,979,000 |
| EBIT | $10,846,000 | $28,249,000 | $76,498,000 | $129,965,000 |
| Diluted Average Shares | $81,519,000 | $81,472,000 | $81,413,000 | $81,959,000 |
| Basic Average Shares | $81,512,000 | $81,406,000 | $81,272,000 | $81,692,000 |
| Diluted NI Availto Com Stockholders | $17,444,000 | $26,922,000 | $70,373,000 | $110,354,000 |
| Tax Provision | $6,933,000 | $9,424,000 | $23,543,000 | $33,817,000 |
| Gain On Sale Of Ppe | $12,067,000 | $4,971,000 | $13,612,000 | $13,379,000 |
| Other Taxes | $9,737,000 | $10,302,000 | $11,053,000 | $10,763,000 |
| Selling General And Administration | $64,398,000 | $62,138,000 | $66,163,000 | $59,690,000 |
| Other Gand A | $8,753,000 | $9,029,000 | $10,149,000 | $9,177,000 |
| Insurance And Claims | $55,645,000 | $53,109,000 | $56,014,000 | $50,513,000 |
Balance Sheet (Annual)
| Metric | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 |
|---|---|---|---|---|
| Assets | ||||
| Net Tangible Assets | $767,625,000 | $767,922,000 | $757,386,000 | $703,919,000 |
| Total Assets | $949,767,000 | $968,757,000 | $990,339,000 | $965,679,000 |
| Total Non Current Assets | $778,066,000 | $830,246,000 | $793,757,000 | $729,839,000 |
| Other Non Current Assets | $1,107,000 | $1,055,000 | $1,007,000 | $962,000 |
| Current Assets | $171,701,000 | $138,511,000 | $196,582,000 | $235,840,000 |
| Other Current Assets | $2,535,000 | $2,841,000 | $3,971,000 | $3,734,000 |
| Restricted Cash | $5,000,000 | $0 | - | - |
| Prepaid Assets | $20,630,000 | $21,463,000 | $21,435,000 | $20,840,000 |
| Receivables | $100,258,000 | $96,940,000 | $117,963,000 | $130,666,000 |
| Other Receivables | $14,451,000 | $6,948,000 | $12,462,000 | $9,964,000 |
| Accounts Receivable | $85,807,000 | $89,992,000 | $105,501,000 | $120,702,000 |
| Allowance For Doubtful Accounts Receivable | $-400,000 | $-496,000 | $-497,000 | $-500,000 |
| Gross Accounts Receivable | $86,207,000 | $90,488,000 | $105,998,000 | $121,202,000 |
| Cash Cash Equivalents And Short Term Investments | $43,278,000 | $17,267,000 | $53,213,000 | $80,600,000 |
| Cash And Cash Equivalents | $43,278,000 | $17,267,000 | $53,213,000 | $80,600,000 |
| Debt | ||||
| Total Debt | $194,000 | $282,000 | $249,000 | $409,000 |
| Long Term Debt And Capital Lease Obligation | $194,000 | $282,000 | $249,000 | $409,000 |
| Liabilities | ||||
| Total Liabilities Net Minority Interest | $182,142,000 | $200,835,000 | $232,953,000 | $261,760,000 |
| Total Non Current Liabilities Net Minority Interest | $89,910,000 | $107,316,000 | $122,711,000 | $137,450,000 |
| Non Current Deferred Liabilities | $89,716,000 | $107,034,000 | $122,462,000 | $137,041,000 |
| Non Current Deferred Taxes Liabilities | $89,716,000 | $107,034,000 | $122,462,000 | $137,041,000 |
| Current Liabilities | $92,232,000 | $93,519,000 | $110,242,000 | $124,310,000 |
| Payables And Accrued Expenses | $92,232,000 | $93,519,000 | $110,242,000 | $124,310,000 |
| Payables | $28,769,000 | $26,846,000 | $36,516,000 | $37,299,000 |
| Total Tax Payable | $0 | $1,065,000 | $0 | - |
| Income Tax Payable | $0 | $1,065,000 | $0 | - |
| Accounts Payable | $28,769,000 | $25,781,000 | $36,516,000 | $37,299,000 |
| Equity | ||||
| Common Stock Equity | $767,625,000 | $767,922,000 | $757,386,000 | $703,919,000 |
| Total Equity Gross Minority Interest | $767,625,000 | $767,922,000 | $757,386,000 | $703,919,000 |
| Stockholders Equity | $767,625,000 | $767,922,000 | $757,386,000 | $703,919,000 |
| Retained Earnings | $712,048,000 | $714,166,000 | $706,784,000 | $655,920,000 |
| Other | ||||
| Ordinary Shares Number | $81,542,174 | $81,463,938 | $81,312,168 | $81,115,132 |
| Share Issued | $81,542,174 | $81,463,938 | $81,312,168 | $81,115,132 |
| Tangible Book Value | $767,625,000 | $767,922,000 | $757,386,000 | $703,919,000 |
| Invested Capital | $767,625,000 | $767,922,000 | $757,386,000 | $703,919,000 |
| Working Capital | $79,469,000 | $44,992,000 | $86,340,000 | $111,530,000 |
| Capital Lease Obligations | $194,000 | $282,000 | $249,000 | $409,000 |
| Total Capitalization | $767,625,000 | $767,922,000 | $757,386,000 | $703,919,000 |
| Additional Paid In Capital | $54,762,000 | $52,941,000 | $49,789,000 | $47,188,000 |
| Capital Stock | $815,000 | $815,000 | $813,000 | $811,000 |
| Common Stock | $815,000 | $815,000 | $813,000 | $811,000 |
| Preferred Stock | $0 | $0 | $0 | $0 |
| Long Term Capital Lease Obligation | $194,000 | $282,000 | $249,000 | $409,000 |
| Current Accrued Expenses | $63,463,000 | $66,673,000 | $73,726,000 | $87,011,000 |
| Net PPE | $776,959,000 | $829,191,000 | $792,750,000 | $728,877,000 |
| Accumulated Depreciation | $-352,426,000 | $-370,124,000 | $-370,103,000 | $-346,665,000 |
| Gross PPE | $1,129,385,000 | $1,199,315,000 | $1,162,853,000 | $1,075,542,000 |
| Other Properties | $957,922,000 | $1,029,441,000 | $996,913,000 | $916,576,000 |
| Machinery Furniture Equipment | $62,815,000 | $60,884,000 | $57,073,000 | $56,089,000 |
| Properties | $108,648,000 | $108,990,000 | $108,867,000 | $102,877,000 |
| Treasury Shares Number | - | - | $0 | - |
Cash Flow Statement (Annual)
| Metric | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 |
|---|---|---|---|---|
| Free Cash Flow | ||||
| Free Cash Flow | $-51,065,000 | $-98,416,000 | $-76,179,000 | $42,866,000 |
| Operating Activities | ||||
| Operating Cash Flow | $93,488,000 | $134,814,000 | $164,378,000 | $219,489,000 |
| Cash Flow From Continuing Operating Activities | $93,488,000 | $134,814,000 | $164,378,000 | $219,489,000 |
| Operating Gains Losses | $-12,067,000 | $-4,971,000 | $-13,612,000 | $-13,379,000 |
| Investing Activities | ||||
| Capital Expenditure | $-144,553,000 | $-233,230,000 | $-240,557,000 | $-176,623,000 |
| Investing Cash Flow | $-42,877,000 | $-152,138,000 | $-172,540,000 | $-134,958,000 |
| Cash Flow From Continuing Investing Activities | $-42,877,000 | $-152,138,000 | $-172,540,000 | $-134,958,000 |
| Net Other Investing Changes | $-52,000 | $-49,000 | $-45,000 | $-38,000 |
| Financing Activities | ||||
| Financing Cash Flow | $-19,600,000 | $-18,622,000 | $-19,225,000 | $-60,926,000 |
| Cash Flow From Continuing Financing Activities | $-19,600,000 | $-18,622,000 | $-19,225,000 | $-60,926,000 |
| Net Other Financing Charges | $-284,000 | $-382,000 | $-926,000 | $-1,610,000 |
| Cash Dividends Paid | $-19,562,000 | $-19,540,000 | $-19,509,000 | $-19,563,000 |
| Common Stock Dividend Paid | $-19,562,000 | $-19,540,000 | $-19,509,000 | $-19,563,000 |
| Repurchase Of Capital Stock | - | $0 | $0 | $-41,753,000 |
| Net Common Stock Issuance | - | $0 | $0 | $-41,753,000 |
| Other | ||||
| Interest Paid Supplemental Data | $0 | $0 | $10,000 | $65,000 |
| Income Tax Paid Supplemental Data | $27,021,000 | $19,170,000 | $36,978,000 | $23,649,000 |
| End Cash Position | $48,278,000 | $17,267,000 | $53,213,000 | $80,600,000 |
| Beginning Cash Position | $17,267,000 | $53,213,000 | $80,600,000 | $56,995,000 |
| Changes In Cash | $31,011,000 | $-35,946,000 | $-27,387,000 | $23,605,000 |
| Proceeds From Stock Option Exercised | $246,000 | $1,300,000 | $1,210,000 | $2,000,000 |
| Net PPE Purchase And Sale | $-42,825,000 | $-152,089,000 | $-172,495,000 | $-134,920,000 |
| Sale Of PPE | $101,728,000 | $81,141,000 | $68,062,000 | $41,703,000 |
| Purchase Of PPE | $-144,553,000 | $-233,230,000 | $-240,557,000 | $-176,623,000 |
| Change In Working Capital | $-8,223,000 | $7,514,000 | $-4,017,000 | $-9,796,000 |
| Change In Payables And Accrued Expense | $-5,441,000 | $-8,262,000 | $-12,829,000 | $21,978,000 |
| Change In Accrued Expense | $-3,942,000 | $-5,823,000 | $-9,214,000 | $10,085,000 |
| Change In Payable | $-1,499,000 | $-2,439,000 | $-3,615,000 | $11,893,000 |
| Change In Account Payable | $-1,499,000 | $-2,439,000 | $-3,615,000 | $11,893,000 |
| Change In Prepaid Assets | $-2,121,000 | $-4,055,000 | $-3,939,000 | $-8,227,000 |
| Change In Receivables | $-661,000 | $19,831,000 | $12,751,000 | $-23,547,000 |
| Other Non Cash Items | $6,401,000 | $6,888,000 | $7,172,000 | $6,604,000 |
| Stock Based Compensation | $1,859,000 | $2,236,000 | $2,319,000 | $2,814,000 |
| Deferred Tax | $-17,318,000 | $-15,428,000 | $-14,579,000 | $11,878,000 |
| Deferred Income Tax | $-17,318,000 | $-15,428,000 | $-14,579,000 | $11,878,000 |
| Depreciation Amortization Depletion | $105,392,000 | $111,653,000 | $116,722,000 | $111,014,000 |
| Depreciation And Amortization | $105,392,000 | $111,653,000 | $116,722,000 | $111,014,000 |
| Depreciation | $105,392,000 | $111,653,000 | $116,722,000 | $111,014,000 |
| Gain Loss On Sale Of PPE | $-12,067,000 | $-4,971,000 | $-13,612,000 | $-13,379,000 |
| Net Income From Continuing Operations | $17,444,000 | $26,922,000 | $70,373,000 | $110,354,000 |
| Common Stock Payments | - | $0 | $0 | $-41,753,000 |
| Net Business Purchase And Sale | - | - | - | - |
| Sale Of Business | - | - | - | - |
| Earnings Losses From Equity Investments | - | - | - | - |