MARTEN TRANSPORT, LTD.

EDGAR

199 filing records in this dataset, filed from 1994-08-09 to 2026-10-22. Reported financial figures are available; chart coverage varies by period.

Watchlist

Latest quarter

Revenue

223 million USD

2025 Q1 · USD

Exact inputs and evidence

Operating margin

2.63%

2025 Q1 · %

Exact inputs and evidence
  • Operating Income: 5859000 USD Source
  • Revenue: 223152000 USD Source

Operating cash flow

36.2 million USD

2025 Q1 · USD

Exact inputs and evidence
  • Operating Cash Flow: 36215000 USD Source
Cash and cash equivalents
104 million USD Source
Exact value

103980000 USD

Long-term debt including current maturities
Not available
Shares outstanding
81.7 million shares Source
Exact value

81661669 shares

Reported share-count change

0.17% · 141 thousand shares

Year-over-year change in reported shares. Splits, issuance and buybacks can affect this figure; it does not isolate employee compensation or economic dilution.

Exact inputs and evidence
  • 81520424 shares · 2025-06-30· Source
  • 81661669 shares · 2026-06-30· Source

Company performance

Up to ten complete financial years · consolidated figures

Includes later revisions to earlier periods. Annual charts exclude incomplete years.

Latest filing recorded: 2026-10-22.

Financial data available through: 2025-12-31.

Coverage by financial measure
  • Revenue: 7 of 11 periods available· newest 2023-12-31
  • Operating income: 9 of 11 periods available· newest 2025-12-31
  • Net income: 9 of 11 periods available· newest 2025-12-31
  • Operating cash flow: 9 of 11 periods available· newest 2025-12-31
  • capital expenditure: No compatible figures in this window
  • Total assets: 8 of 11 periods available· newest 2025-12-31
  • Total liabilities: 8 of 11 periods available· newest 2025-12-31
  • Current assets: 8 of 11 periods available· newest 2025-12-31
  • Current liabilities: 8 of 11 periods available· newest 2025-12-31
  • Cash and cash equivalents: 10 of 11 periods available· newest 2025-12-31
  • long term debt: No compatible figures in this window
  • Shares outstanding: 8 of 11 periods available· newest 2025-12-31

Coverage describes values retained in this snapshot. Missing values are not zero; loading limits are reported separately.

What changed year over year

Latest complete year compared with the corresponding period one year earlier. These are measured changes; they do not establish their business causes.

  • Net income

    -35.2%

    Prior period

    USD 26.92 million

    –

    Current period

    USD 17.44 million

    –

    Exact inputs and evidence

    17444000 − 26922000 = -9478000 USD

    26922000 USD · 2024-01-01 – 2024-12-31

    Inspect prior input Prior source

    17444000 USD · 2025-01-01 – 2025-12-31

    Inspect current input Current source
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  • Operating cash flow

    -30.7%

    Prior period

    USD 134.81 million

    –

    Current period

    USD 93.49 million

    –

    Exact inputs and evidence

    93488000 − 134814000 = -41326000 USD

    134814000 USD · 2024-01-01 – 2024-12-31

    Inspect prior input Prior source

    93488000 USD · 2025-01-01 – 2025-12-31

    Inspect current input Current source
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Comparable inputs unavailable for: Revenue, Capital expenditure.

Where revenue goes

How a period’s revenue divides into costs and what remains as profit. Items marked Derived are calculated by subtraction from reported figures.

2023 2023-01-01 – 2023-12-31

  • Revenue USD 1.13 billion 100% of revenue
  • Operating costs Derived USD 1.04 billion 92% of revenue
  • Operating income USD 90.11 million 8% of revenue
  • Tax, interest and other Derived USD 19.74 million 1.7% of revenue
  • Net income USD 70.37 million 6.2% of revenue

Cash

  • Operating cash flow USD 164.38 million 15% of revenue
  • Capital expenditure Unavailable An input is unavailable.
  • Free cash flow Derived Unavailable An input is unavailable.

Share of revenue by period

  • Net income
  • Tax, interest and other
  • Operating costs
  • 2017 Net income was higher than operating income, so the split is not drawn.
  • 2018 91%
  • 2019 91%
  • 2020 89%
  • 2021 89%
  • 2022 89%
  • 2023 92%
Values and sources
Revenue breakdown by annual reporting period
PeriodRevenueOperating costsOperating incomeTax, interest and otherNet incomeFree cash flowSource
2017 2017-01-01 – 2017-12-31698120000 641258000 Derived 56862000 -33422000 Derived 90284000 Unavailable
Source
2018 2018-01-01 – 2018-12-31787594000 717246000 Derived 70348000 15321000 Derived 55027000 Unavailable
Source
2019 2019-01-01 – 2019-12-31843271000 766773000 Derived 76498000 15427000 Derived 61071000 Unavailable
Source
2020 2020-01-01 – 2020-12-31874374000 781128000 Derived 93246000 23746000 Derived 69500000 Unavailable
Source
2021 2021-01-01 – 2021-12-31973644000 861955000 Derived 111689000 26261000 Derived 85428000 Unavailable
Source
2022 2022-01-01 – 2022-12-311263878000 1120534000 Derived 143344000 32990000 Derived 110354000 Unavailable
Source
2023 2023-01-01 – 2023-12-311131455000 1041345000 Derived 90110000 19737000 Derived 70373000 Unavailable
Source

Amounts are exact, in USD.

Growth

Sales over time and how quickly they are changing.

Revenue

Revenue reported for each complete financial period.

USD 1.1B 2023
Revenue historyRevenue reported for each complete financial period. Values are shown by financial reporting period. Open Values and sources below for the exact observations and evidence.1.4B1.0B682.5M341.2M0.0201720202023
Values and sources
Revenue values and source evidence
PeriodSeriesValue(USD)Source evidence
2017Revenue698120000
2018Revenue787594000
2019Revenue843271000
2020Revenue874374000
2021Revenue973644000
2022Revenue1263878000
2023Revenue1131455000

Revenue growth

Change in revenue from the same financial period one year earlier.

-10.5% 2023
Revenue growth historyChange in revenue from the same financial period one year earlier. Values are shown by financial reporting period. Open Values and sources below for the exact observations and evidence.33%21%10%-2%-14%201720202023
Values and sources
Revenue growth values and source evidence
PeriodSeriesValueSource evidence
2017Year over yearNo prior comparable period
2018Year over year12.8%
2019Year over year7.1%
2020Year over year3.7%
2021Year over year11.4%
2022Year over year29.8%
2023Year over year-10.5%

Profit and cash

How much revenue becomes profit, and how much cash operations generate.

Profit margins

Operating income, net income and free cash flow as a share of revenue.

Operating margin 8% 2023
Net margin 6.2% 2023
Profit margins historyOperating income, net income and free cash flow as a share of revenue. Values are shown by financial reporting period. Open Values and sources below for the exact observations and evidence.14.0%10.5%7.0%3.5%0.0%201720202023
  • Operating margin
  • Net margin
  • Free cash flow margin
Values and sources
Profit margins values and source evidence
PeriodSeriesValueSource evidence
2017Operating margin8.1%
2018Operating margin8.9%
2019Operating margin9.1%
2020Operating margin10.7%
2021Operating margin11.5%
2022Operating margin11.3%
2023Operating margin8%
2017Net margin12.9%
2018Net margin7%
2019Net margin7.2%
2020Net margin7.9%
2021Net margin8.8%
2022Net margin8.7%
2023Net margin6.2%
2017Free cash flow marginNot reported
2018Free cash flow marginNot reported
2019Free cash flow marginNot reported
2020Free cash flow marginNot reported
2021Free cash flow marginNot reported
2022Free cash flow marginNot reported
2023Free cash flow marginNot reported

Operating cash flow

Cash generated by the company’s normal business operations.

USD 164.4M 2023
Operating cash flow historyCash generated by the company’s normal business operations. Values are shown by financial reporting period. Open Values and sources below for the exact observations and evidence.237.0M177.8M118.5M59.3M0.0201720202023
Values and sources
Operating cash flow values and source evidence
PeriodSeriesValue(USD)Source evidence
2017Operating cash flow121879000
2018Operating cash flow154204000
2019Operating cash flow156460000
2020Operating cash flow189598000
2021Operating cash flow171204000
2022Operating cash flow219489000
2023Operating cash flow164378000

Free cash flow

Operating cash flow minus capital expenditure for the same period and unit.

Not enough comparable data to show this history.
Values and sources
Free cash flow values and source evidence
PeriodSeriesValue(USD)Source evidence
2017Free cash flowUnavailable
2018Free cash flowUnavailable
2019Free cash flowUnavailable
2020Free cash flowUnavailable
2021Free cash flowUnavailable
2022Free cash flowUnavailable
2023Free cash flowUnavailable

Balance sheet

Liabilities and short-term ability to meet obligations at each period end.

Liabilities to assets

Total liabilities as a share of total assets.

23.5% 2023
Liabilities to assets historyTotal liabilities as a share of total assets. Values are shown by financial reporting period. Open Values and sources below for the exact observations and evidence.29.3%22.0%14.6%7.3%0.0%2017-12-3120202023
Values and sources
Liabilities to assets values and source evidence
PeriodSeriesValueSource evidence
2017-12-31Liabilities / assetsNot reportedNo source recorded
2018Liabilities / assets23.6%
2019Liabilities / assets25%
2020Liabilities / assets25.4%
2021Liabilities / assets25.2%
2022Liabilities / assets27.1%
2023Liabilities / assets23.5%

Current assets to current liabilities

Current assets divided by current liabilities.

1.78× 2023
Current assets to current liabilities historyCurrent assets divided by current liabilities. Values are shown by financial reporting period. Open Values and sources below for the exact observations and evidence.2.45×1.84×1.23×0.61×0.00×2017-12-3120202023
Values and sources
Current assets to current liabilities values and source evidence
PeriodSeriesValueSource evidence
2017-12-31Current assets / current liabilitiesNot reportedNo source recorded
2018Current assets / current liabilities2.27×
2019Current assets / current liabilities2.02×
2020Current assets / current liabilities1.96×
2021Current assets / current liabilities2×
2022Current assets / current liabilities1.9×
2023Current assets / current liabilities1.78×

Cash generation

Compare reported profit with operating cash and capital spending. Free cash flow is calculated as operating cash flow minus capital expenditure when both exact, consolidated amounts match the same period and unit.

Cash generation by annual reporting period
PeriodNet incomeOperating cash flowCapital expenditureFree cash flow
2017 2017-01-01 – 2017-12-31
USD 90.28 million
Exact value

Exact value: 90284000 USD

2017-01-01 – 2017-12-31: 90284000 USD Inspect Net Income Open source
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USD 121.88 million
Exact value

Exact value: 121879000 USD

2017-01-01 – 2017-12-31: 121879000 USD Inspect Operating Cash Flow Open source
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Unavailable Not reported for this period.
Unavailable

Free cash flow cannot be calculated because Capital expenditure is unavailable for this period.

2018 2018-01-01 – 2018-12-31
USD 55.03 million
Exact value

Exact value: 55027000 USD

2018-01-01 – 2018-12-31: 55027000 USD Inspect Net Income Open source
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USD 154.2 million
Exact value

Exact value: 154204000 USD

2018-01-01 – 2018-12-31: 154204000 USD Inspect Operating Cash Flow Open source
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Unavailable Not reported for this period.
Unavailable

Free cash flow cannot be calculated because Capital expenditure is unavailable for this period.

2019 2019-01-01 – 2019-12-31
USD 61.07 million
Exact value

Exact value: 61071000 USD

2019-01-01 – 2019-12-31: 61071000 USD Inspect Net Income Open source
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USD 156.46 million
Exact value

Exact value: 156460000 USD

2019-01-01 – 2019-12-31: 156460000 USD Inspect Operating Cash Flow Open source
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Unavailable Not reported for this period.
Unavailable

Free cash flow cannot be calculated because Capital expenditure is unavailable for this period.

2020 2020-01-01 – 2020-12-31
USD 69.5 million
Exact value

Exact value: 69500000 USD

2020-01-01 – 2020-12-31: 69500000 USD Inspect Net Income Open source
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USD 189.6 million
Exact value

Exact value: 189598000 USD

2020-01-01 – 2020-12-31: 189598000 USD Inspect Operating Cash Flow Open source
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Unavailable Not reported for this period.
Unavailable

Free cash flow cannot be calculated because Capital expenditure is unavailable for this period.

2021 2021-01-01 – 2021-12-31
USD 85.43 million
Exact value

Exact value: 85428000 USD

2021-01-01 – 2021-12-31: 85428000 USD Inspect Net Income Open source
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USD 171.2 million
Exact value

Exact value: 171204000 USD

2021-01-01 – 2021-12-31: 171204000 USD Inspect Operating Cash Flow Open source
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Unavailable Not reported for this period.
Unavailable

Free cash flow cannot be calculated because Capital expenditure is unavailable for this period.

2022 2022-01-01 – 2022-12-31
USD 110.35 million
Exact value

Exact value: 110354000 USD

2022-01-01 – 2022-12-31: 110354000 USD Inspect Net Income Open source
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USD 219.49 million
Exact value

Exact value: 219489000 USD

2022-01-01 – 2022-12-31: 219489000 USD Inspect Operating Cash Flow Open source
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Unavailable Not reported for this period.
Unavailable

Free cash flow cannot be calculated because Capital expenditure is unavailable for this period.

2023 2023-01-01 – 2023-12-31
USD 70.37 million
Exact value

Exact value: 70373000 USD

2023-01-01 – 2023-12-31: 70373000 USD Inspect Net Income Open source
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USD 164.38 million
Exact value

Exact value: 164378000 USD

2023-01-01 – 2023-12-31: 164378000 USD Inspect Operating Cash Flow Open source
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Unavailable Not reported for this period.
Unavailable

Free cash flow cannot be calculated because Capital expenditure is unavailable for this period.

2024 2024-01-01 – 2024-12-31
USD 26.92 million
Exact value

Exact value: 26922000 USD

2024-01-01 – 2024-12-31: 26922000 USD Inspect Net Income Open source
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USD 134.81 million
Exact value

Exact value: 134814000 USD

2024-01-01 – 2024-12-31: 134814000 USD Inspect Operating Cash Flow Open source
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Unavailable Not reported for this period.
Unavailable

Free cash flow cannot be calculated because Capital expenditure is unavailable for this period.

2025 2025-01-01 – 2025-12-31
USD 17.44 million
Exact value

Exact value: 17444000 USD

2025-01-01 – 2025-12-31: 17444000 USD Inspect Net Income Open source
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USD 93.49 million
Exact value

Exact value: 93488000 USD

2025-01-01 – 2025-12-31: 93488000 USD Inspect Operating Cash Flow Open source
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Unavailable Not reported for this period.
Unavailable

Free cash flow cannot be calculated because Capital expenditure is unavailable for this period.

Capital expenditure uses the canonical mapped positive-spending convention. A missing, ambiguous, incompatible, or negative-sign input is left blank. Values use the latest reported version.

Dataset coverage and company identifiers

Coverage reflects filings processed into this Fundies dataset; it does not imply every source filing is loaded.

199 filings · 10,155 latest values · 10,155 originally reported values

Dataset published . Source filing dates and reporting periods are shown separately.

Identifiers: 0000799167, 799167, MRTN, edgar:799167, mrtn

Also known as MARTEN TRANSPORT LTD, MARTEN TRANSPORT, LTD, MARTEN TRANSPORT, LTD.