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	Sep 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Revenue	903.98	963.71	1,131	1,264	973.64	874.37
Revenue Growth (YoY)	-9.74%	-14.83%	-10.48%	29.81%	11.35%	3.69%
Cost of Revenue	683.64	730.38	836.15	923.54	696.28	608.73
Gross Profit	220.34	233.33	295.31	340.33	277.36	265.65
Selling, General & Admin	60.95	58.31	62.51	50.51	41.99	47.45
Other Operating Expenses	35.72	35.11	39.57	48.84	37.42	32.51
Operating Expenses	204.42	205.08	218.81	210.37	181.97	182.85
Operating Income	15.92	28.25	76.5	129.97	95.39	82.8
Other Non Operating Income (Expenses)	1.39	3.13	3.81	0.83	0.04	0.14
EBT Excluding Unusual Items	17.31	31.38	80.3	130.79	95.44	82.94
Gain (Loss) on Sale of Assets	9.14	4.97	13.61	13.38	16.3	10.45
Pretax Income	26.45	36.35	93.92	144.17	111.73	93.39
Income Tax Expense	7.07	9.42	23.54	33.82	26.3	23.89
Net Income	19.38	26.92	70.37	110.35	85.43	69.5
Net Income to Common	19.38	26.92	70.37	110.35	85.43	69.5
Net Income Growth	-42.47%	-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)	0.08%	0.07%	-0.67%	-1.74%	0.29%	0.60%
EPS (Basic)	0.24	0.33	0.87	1.35	1.03	0.84
EPS (Diluted)	0.24	0.33	0.86	1.35	1.02	0.84
EPS Growth	-41.99%	-61.63%	-36.30%	32.35%	21.43%	13.51%
Free Cash Flow	-71.7	-98.42	-76.18	42.87	-28.09	16.55
Free Cash Flow Per Share	-0.88	-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	24.37%	24.21%	26.10%	26.93%	28.49%	30.38%
Operating Margin	1.76%	2.93%	6.76%	10.28%	9.80%	9.47%
Profit Margin	2.14%	2.79%	6.22%	8.73%	8.77%	7.95%
Free Cash Flow Margin	-7.93%	-10.21%	-6.73%	3.39%	-2.89%	1.89%
EBITDA	130.12	146.79	200.39	247.58	204.39	192.26
EBITDA Margin	14.39%	15.23%	17.71%	19.59%	20.99%	21.99%
D&A For EBITDA	114.2	118.54	123.89	117.62	109	109.47
EBIT	15.92	28.25	76.5	129.97	95.39	82.8
EBIT Margin	1.76%	2.93%	6.76%	10.28%	9.80%	9.47%
Effective Tax Rate	26.73%	25.93%	25.07%	23.46%	23.54%	25.58%

Updated Oct 23, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q