InsiderClue
Stocks · Industrials · Trucking (No Local)

MARTEN TRANSPORT LTD

MRTN Clue Score41
United States Fiscal year ends December CIK 0000799167
$12.75 -0.31% Close, 9 Oct 2026
Alert on the numbers Alert on insider trades
Price $12.75 −15.23% Close, 9 Oct 2026

Closing prices at the end of each trading day, from 12 Oct 2016. Not a live quote. Adjusted for share splits, so the line has no step at a split; dividends are not added back. P/E and P/FCF are the market value over the last full fiscal year's net income or free cash flow, as public on each day, so they step once a year when the annual report comes out. A hatched band marks a stretch with none: a year of net loss, or of cash burnt.

Revenue and profit

What the business sells, and what is left of it. Point at a year for the detail.
RevenueOperating incomeNet income
Fiscal year 2016Revenue671.1Operating income58.3Net income33.5EPS, diluted0.61Fiscal year 2017Revenue698.1 +4.0%Operating income56.9Net income90.3 +169.8%EPS, diluted1.65Fiscal year 2018Revenue787.6 +12.8%Operating income70.3Net income55.0 −39.1%EPS, diluted0.67Fiscal year 2019Revenue843.3 +7.1%Operating income76.5Net income61.1 +11.0%EPS, diluted0.74Fiscal year 2020Revenue874.4 +3.7%Operating income93.2Net income69.5 +13.8%EPS, diluted0.84Fiscal year 2021Revenue973.6 +11.4%Operating income111.7Net income85.4 +22.9%EPS, diluted1.02Fiscal year 2022Revenue1,263.9 +29.8%Operating income143.3Net income110.4 +29.2%EPS, diluted1.35Fiscal year 2023Revenue1,131.5 −10.5%Operating income90.1Net income70.4 −36.2%EPS, diluted0.86Fiscal year 2024Revenue963.7 −14.8%Operating income33.2Net income26.9 −61.7%EPS, diluted0.33Fiscal year 2025Revenue883.7 −8.3%Operating income22.9Net income17.4 −35.2%EPS, diluted0.21
FY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Revenue 671.1 698.1 787.6 843.3 874.4 973.6 1,263.9 1,131.5 963.7 883.7
Growth +4.0% +12.8% +7.1% +3.7% +11.4% +29.8% −10.5% −14.8% −8.3%
Operating income 58.3 56.9 70.3 76.5 93.2 111.7 143.3 90.1 33.2 22.9
Net income 33.5 90.3 55.0 61.1 69.5 85.4 110.4 70.4 26.9 17.4
Growth +169.8% −39.1% +11.0% +13.8% +22.9% +29.2% −36.2% −61.7% −35.2%
EPS, diluted 0.61 1.65 0.67 0.74 0.84 1.02 1.35 0.86 0.33 0.21

Margins

How much of each dollar of revenue it keeps. Point at a year for the detail.
Operating marginNet margin
Fiscal year 2016Operating margin8.7%Net margin5.0%Fiscal year 2017Operating margin8.1%Net margin12.9%Fiscal year 2018Operating margin8.9%Net margin7.0%Fiscal year 2019Operating margin9.1%Net margin7.2%Fiscal year 2020Operating margin10.7%Net margin7.9%Fiscal year 2021Operating margin11.5%Net margin8.8%Fiscal year 2022Operating margin11.3%Net margin8.7%Fiscal year 2023Operating margin8.0%Net margin6.2%Fiscal year 2024Operating margin3.4%Net margin2.8%Fiscal year 2025Operating margin2.6%Net margin2.0%
FY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Operating margin 8.7% 8.1% 8.9% 9.1% 10.7% 11.5% 11.3% 8.0% 3.4% 2.6%
Net margin 5.0% 12.9% 7.0% 7.2% 7.9% 8.8% 8.7% 6.2% 2.8% 2.0%

Cash flow

The cash the business makes, what it reinvests, and what it hands back. Point at a year for the detail.
Operating cash flow
Fiscal year 2016Operating cash flow133.8Buybacks−7.5Dividends paid−3.3Fiscal year 2017Operating cash flow121.9Buybacks0.0Dividends paid−4.4Fiscal year 2018Operating cash flow154.2Buybacks−3.8Dividends paid−5.5Fiscal year 2019Operating cash flow156.5Buybacks0.0Dividends paid−42.1Fiscal year 2020Operating cash flow189.6Buybacks−0.6Dividends paid−52.4Fiscal year 2021Operating cash flow171.2Buybacks0.0Dividends paid−54.7Fiscal year 2022Operating cash flow219.5Buybacks−41.8Dividends paid−19.6Fiscal year 2023Operating cash flow164.4Buybacks0.0Dividends paid−19.5Fiscal year 2024Operating cash flow134.8Buybacks0.0Dividends paid−19.5Fiscal year 2025Operating cash flow93.5Dividends paid−19.6
FY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Operating cash flow 133.8 121.9 154.2 156.5 189.6 171.2 219.5 164.4 134.8 93.5
Buybacks −7.5 0.0 −3.8 0.0 −0.6 0.0 −41.8 0.0 0.0 n/a
Dividends paid −3.3 −4.4 −5.5 −42.1 −52.4 −54.7 −19.6 −19.5 −19.5 −19.6

Balance sheet

What it holds against what it owes, at each year end. Point at a year for the detail.
CashTotal debt
Fiscal year 2016Cash0.5Total debt7.9Net cash (debt)−7.4Shareholders’ equity437.3Debt to equity0.02Fiscal year 2017Cash15.8Shareholders’ equity525.5Fiscal year 2018Cash56.8Shareholders’ equity576.0Fiscal year 2019Cash31.5Shareholders’ equity597.6Fiscal year 2020Cash66.1Shareholders’ equity620.3Fiscal year 2021Cash57.0Shareholders’ equity651.7Fiscal year 2022Cash80.6Shareholders’ equity703.9Fiscal year 2023Cash53.2Shareholders’ equity757.4Fiscal year 2024Cash17.3Shareholders’ equity767.9Fiscal year 2025Cash43.3Shareholders’ equity767.6
FY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Cash 0.5 15.8 56.8 31.5 66.1 57.0 80.6 53.2 17.3 43.3
Total debt 7.9 n/a n/a n/a n/a n/a n/a n/a n/a n/a
Net cash (debt) −7.4 n/a n/a n/a n/a n/a n/a n/a n/a n/a
Shareholders’ equity 437.3 525.5 576.0 597.6 620.3 651.7 703.9 757.4 767.9 767.6
Debt to equity 0.02 n/a n/a n/a n/a n/a n/a n/a n/a n/a

In millions of USD, except per-share figures and ratios. Fiscal years, as last filed with the SEC.

Financial statements FY2025 · 10-K

Ratios

Percentages worked out from the filed figures; debt to equity in times. Fiscal years ending December, each column as last filed with the SEC.
Click a line to chart it
Fiscal year FY2016 31 Dec 2016 FY2017 31 Dec 2017 FY2018 31 Dec 2018 FY2019 31 Dec 2019 FY2020 31 Dec 2020 FY2021 31 Dec 2021 FY2022 31 Dec 2022 FY2023 31 Dec 2023 FY2024 31 Dec 2024 FY2025 31 Dec 2025
Margins
8.7% 8.1% 8.9% 9.1% 10.7% 11.5% 11.3% 8.0% 3.4% 2.6%
8.5% 8.1% 9.0% 9.2% 10.7% 11.5% 11.4% 8.3% 3.8% 2.8%
5.0% 12.9% 7.0% 7.2% 7.9% 8.8% 8.7% 6.2% 2.8% 2.0%
Spending
41.4% −59.9% 22.5% 21.4% 25.6% 23.5% 23.5% 25.1% 25.9% 28.4%
Returns
7.7% 17.2% 9.6% 10.2% 11.2% 13.1% 15.7% 9.3% 3.5% 2.3%
5.1% 13.1% 7.3% 7.7% 8.4% 9.8% 11.4% 7.1% 2.8% 1.8%
Balance and payout
0.02 n/a n/a n/a n/a n/a n/a n/a n/a n/a
33.1% 23.9% 23.6% 25.0% 25.4% 25.2% 27.1% 23.5% 20.7% 19.2%
9.7% 4.8% 9.9% 68.9% 75.3% 64.1% 17.7% 27.7% 72.6% 112.1%