Marten Transport, Ltd. (MRTN)

Marten Transport Income Statement

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Revenue	963.71	1,131	1,264	973.64	874.37
Revenue Growth (YoY)	-14.83%	-10.48%	29.81%	11.35%	3.69%
Cost of Revenue	730.38	836.15	923.54	696.28	608.73
Gross Profit	233.33	295.31	340.33	277.36	265.65
Selling, General & Admin	58.31	62.51	50.51	41.99	47.45
Other Operating Expenses	35.11	39.57	48.84	37.42	32.51
Operating Expenses	205.08	218.81	210.37	181.97	182.85
Operating Income	28.25	76.5	129.97	95.39	82.8
Other Non Operating Income (Expenses)	3.13	3.81	0.83	0.04	0.14
EBT Excluding Unusual Items	31.38	80.3	130.79	95.44	82.94
Gain (Loss) on Sale of Assets	4.97	13.61	13.38	16.3	10.45
Pretax Income	36.35	93.92	144.17	111.73	93.39
Income Tax Expense	9.42	23.54	33.82	26.3	23.89
Net Income	26.92	70.37	110.35	85.43	69.5
Net Income to Common	26.92	70.37	110.35	85.43	69.5
Net Income Growth	-61.74%	-36.23%	29.18%	22.92%	13.80%
Shares Outstanding (Basic)	81	81	82	83	83
Shares Outstanding (Diluted)	81	81	82	83	83
Shares Change (YoY)	0.07%	-0.67%	-1.74%	0.29%	0.60%
EPS (Basic)	0.33	0.87	1.35	1.03	0.84
EPS (Diluted)	0.33	0.86	1.35	1.02	0.84
EPS Growth	-61.63%	-36.30%	32.35%	21.43%	13.51%
Free Cash Flow	-98.42	-76.18	42.87	-28.09	16.55
Free Cash Flow Per Share	-1.21	-0.94	0.52	-0.34	0.20
Dividend Per Share	0.240	0.240	0.240	0.160	0.134
Dividend Growth	-	-	50.00%	19.40%	67.50%
Gross Margin	24.21%	26.10%	26.93%	28.49%	30.38%
Operating Margin	2.93%	6.76%	10.28%	9.80%	9.47%
Profit Margin	2.79%	6.22%	8.73%	8.77%	7.95%
Free Cash Flow Margin	-10.21%	-6.73%	3.39%	-2.89%	1.89%
EBITDA	146.79	200.39	247.58	204.39	192.26
EBITDA Margin	15.23%	17.71%	19.59%	20.99%	21.99%
D&A For EBITDA	118.54	123.89	117.62	109	109.47
EBIT	28.25	76.5	129.97	95.39	82.8
EBIT Margin	2.93%	6.76%	10.28%	9.80%	9.47%
Effective Tax Rate	25.93%	25.07%	23.46%	23.54%	25.58%

Updated Feb 28, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q