Marten Transport, Ltd. (MRTN)

Marten Transport Income Statement

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

Year	2023	2022	2021	2020	2019
Revenue	1,131	1,264	973.64	874.37	843.27
Revenue Growth (YoY)	-10.48%	29.81%	11.35%	3.69%	7.07%
Cost of Revenue	458.24	534.83	380.5	311.4	337.13
Gross Profit	673.22	729.05	593.14	562.97	506.15
Selling, General & Admin	388.97	399.48	326.31	308.17	281.87
Other Operating Expenses	194.14	186.23	155.14	161.56	147.78
Operating Expenses	583.11	585.71	481.45	469.73	429.65
Operating Income	90.11	143.34	111.69	93.25	76.5
Other Expense / Income	-3.81	-0.83	-0.04	-0.14	-1.19
Pretax Income	93.92	144.17	111.73	93.39	77.69
Income Tax	23.54	33.82	26.3	23.89	16.62
Net Income	70.37	110.35	85.43	69.5	61.07
Net Income Growth	-36.23%	29.18%	22.92%	13.80%	10.98%
Shares Outstanding (Basic)	81	81	83	83	82
Shares Change	0.26%	-2.23%	0.32%	0.79%	0.41%
EPS (Basic)	0.87	1.35	1.03	0.84	0.75
EPS (Diluted)	0.86	1.35	1.02	0.84	0.74
EPS Growth	-36.30%	32.35%	21.43%	13.51%	10.45%
Free Cash Flow	-8.12	84.57	47.51	83.31	14.81
Free Cash Flow Per Share	-0.10	1.04	0.57	1.01	0.18
Dividend Per Share	0.240	0.240	0.660	0.633	0.513
Dividend Growth	0%	-63.64%	4.27%	23.39%	665.67%
Gross Margin	59.50%	57.68%	60.92%	64.39%	60.02%
Operating Margin	7.96%	11.34%	11.47%	10.66%	9.07%
Profit Margin	6.22%	8.73%	8.77%	7.95%	7.24%
Free Cash Flow Margin	-0.72%	6.69%	4.88%	9.53%	1.76%
Effective Tax Rate	25.07%	23.46%	23.54%	25.58%	21.39%
EBITDA	217.81	261.79	220.73	202.85	179.69
EBITDA Margin	19.25%	20.71%	22.67%	23.20%	21.31%
Depreciation & Amortization	123.89	117.62	109	109.47	102
EBIT	93.92	144.17	111.73	93.39	77.69
EBIT Margin	8.30%	11.41%	11.48%	10.68%	9.21%

Source: Financials are provided by Nasdaq Data Link and sourced from the audited annual (10-K) and quarterly (10-Q) reports submitted to the Securities and Exchange Commission (SEC).