Marten Transport, Ltd. (MRTN)

Marten Transport Income Statement

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Jun 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Revenue	920.87	963.71	1,131	1,264	973.64	874.37
Revenue Growth (YoY)	-11.77%	-14.83%	-10.48%	29.81%	11.35%	3.69%
Cost of Revenue	693.89	730.38	836.15	923.54	696.28	608.73
Gross Profit	226.98	233.33	295.31	340.33	277.36	265.65
Selling, General & Admin	63.32	58.31	62.51	50.51	41.99	47.45
Other Operating Expenses	35.49	35.11	39.57	48.84	37.42	32.51
Operating Expenses	208.51	205.08	218.81	210.37	181.97	182.85
Operating Income	18.47	28.25	76.5	129.97	95.39	82.8
Other Non Operating Income (Expenses)	2.1	3.13	3.81	0.83	0.04	0.14
EBT Excluding Unusual Items	20.58	31.38	80.3	130.79	95.44	82.94
Gain (Loss) on Sale of Assets	8.12	4.97	13.61	13.38	16.3	10.45
Pretax Income	28.69	36.35	93.92	144.17	111.73	93.39
Income Tax Expense	7.78	9.42	23.54	33.82	26.3	23.89
Net Income	20.91	26.92	70.37	110.35	85.43	69.5
Net Income to Common	20.91	26.92	70.37	110.35	85.43	69.5
Net Income Growth	-51.97%	-61.74%	-36.23%	29.18%	22.92%	13.80%
Shares Outstanding (Basic)	81	81	81	82	83	83
Shares Outstanding (Diluted)	82	81	81	82	83	83
Shares Change (YoY)	0.09%	0.07%	-0.67%	-1.74%	0.29%	0.60%
EPS (Basic)	0.26	0.33	0.87	1.35	1.03	0.84
EPS (Diluted)	0.25	0.33	0.86	1.35	1.02	0.84
EPS Growth	-52.83%	-61.63%	-36.30%	32.35%	21.43%	13.51%
Free Cash Flow	-90.76	-98.42	-76.18	42.87	-28.09	16.55
Free Cash Flow Per Share	-1.11	-1.21	-0.94	0.52	-0.34	0.20
Dividend Per Share	0.240	0.240	0.240	0.240	0.160	0.134
Dividend Growth	-	-	-	50.00%	19.40%	67.50%
Gross Margin	24.65%	24.21%	26.10%	26.93%	28.49%	30.38%
Operating Margin	2.01%	2.93%	6.76%	10.28%	9.80%	9.47%
Profit Margin	2.27%	2.79%	6.22%	8.73%	8.77%	7.95%
Free Cash Flow Margin	-9.86%	-10.21%	-6.73%	3.39%	-2.89%	1.89%
EBITDA	134.73	146.79	200.39	247.58	204.39	192.26
EBITDA Margin	14.63%	15.23%	17.71%	19.59%	20.99%	21.99%
D&A For EBITDA	116.26	118.54	123.89	117.62	109	109.47
EBIT	18.47	28.25	76.5	129.97	95.39	82.8
EBIT Margin	2.01%	2.93%	6.76%	10.28%	9.80%	9.47%
Effective Tax Rate	27.12%	25.93%	25.07%	23.46%	23.54%	25.58%

Updated Jul 16, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q