Marten Transport, Ltd. (MRTN)

Marten Transport Income Statement

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

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019
Period Ending	Sep 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Revenue	1,001	1,131	1,264	973.64	874.37	843.27
Revenue Growth (YoY)	-15.54%	-10.48%	29.81%	11.35%	3.69%	7.07%
Cost of Revenue	758.61	836.15	923.54	696.28	608.73	608.89
Gross Profit	242.89	295.31	340.33	277.36	265.65	234.38
Selling, General & Admin	59.68	62.51	56.21	41.99	47.45	38.2
Other Operating Expenses	34.57	39.57	43.14	37.42	32.51	33.22
Operating Expenses	207.13	218.81	210.37	181.97	182.85	166.56
Operating Income	35.76	76.5	129.97	95.39	82.8	67.82
Other Non Operating Income (Expenses)	3.6	3.81	0.83	0.04	0.14	1.19
EBT Excluding Unusual Items	39.36	80.3	130.79	95.44	82.94	69.01
Gain (Loss) on Sale of Assets	6.39	13.61	13.38	16.3	10.45	8.68
Pretax Income	45.75	93.92	144.17	111.73	93.39	77.69
Income Tax Expense	12.06	23.54	33.82	26.3	23.89	16.62
Earnings From Continuing Operations	33.69	70.37	110.35	85.43	69.5	61.07
Net Income	33.69	70.37	110.35	85.43	69.5	61.07
Net Income to Common	33.69	70.37	110.35	85.43	69.5	61.07
Net Income Growth	-59.65%	-36.23%	29.18%	22.92%	13.80%	10.98%
Shares Outstanding (Basic)	81	81	82	83	83	82
Shares Outstanding (Diluted)	81	81	82	83	83	83
Shares Change (YoY)	0.05%	-0.67%	-1.74%	0.29%	0.60%	-0.07%
EPS (Basic)	0.41	0.87	1.35	1.03	0.84	0.75
EPS (Diluted)	0.41	0.86	1.35	1.02	0.84	0.74
EPS Growth	-60.12%	-36.30%	32.35%	21.43%	13.51%	10.45%
Free Cash Flow	-90.81	-76.18	42.87	-28.09	16.55	-32.94
Free Cash Flow Per Share	-1.11	-0.94	0.52	-0.34	0.20	-0.40
Dividend Per Share	0.240	0.240	0.240	0.160	0.134	0.080
Dividend Growth	0%	0%	50.00%	19.40%	67.50%	19.40%
Gross Margin	24.25%	26.10%	26.93%	28.49%	30.38%	27.79%
Operating Margin	3.57%	6.76%	10.28%	9.80%	9.47%	8.04%
Profit Margin	3.36%	6.22%	8.73%	8.77%	7.95%	7.24%
Free Cash Flow Margin	-9.07%	-6.73%	3.39%	-2.89%	1.89%	-3.91%
EBITDA	155.64	200.39	247.58	204.39	192.26	169.82
EBITDA Margin	15.54%	17.71%	19.59%	20.99%	21.99%	20.14%
D&A For EBITDA	119.88	123.89	117.62	109	109.47	102
EBIT	35.76	76.5	129.97	95.39	82.8	67.82
EBIT Margin	3.57%	6.76%	10.28%	9.80%	9.47%	8.04%
Effective Tax Rate	26.36%	25.07%	23.46%	23.54%	25.58%	21.39%

Source: S&P Capital IQ. Standard template. Financial Sources.