MRTN Stock - Marten Transport, Ltd.
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Financial Statements
| Metric | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 |
|---|---|---|---|---|---|
| Revenue | $963.71M | $1.13B | $1.26B | $973.64M | $874.37M |
| Gross Profit | $130.70M | $188.73M | $238.50M | $183.15M | $170.76M |
| Gross Margin | 13.6% | 16.7% | 18.9% | 18.8% | 19.5% |
| Operating Income | $33.22M | $90.11M | $143.34M | $111.69M | $93.25M |
| Net Income | $26.92M | $70.37M | $110.35M | $85.43M | $69.50M |
| Net Margin | 2.8% | 6.2% | 8.7% | 8.8% | 7.9% |
| EPS | $0.33 | $0.87 | $1.35 | $1.03 | $0.84 |
Marten Transport, Ltd. operates as a temperature-sensitive truckload carrier for shippers in the United States, Canada, and Mexico. It operates through four segments: Truckload, Dedicated, Intermodal, and Brokerage. The Truckload segment transports food and other consumer packaged goods that require a temperature-controlled or insulated environment. The Dedicated segment offers customized transportation solutions for individual customers' requirements using temperature-controlled trailers, dry vans, and other specialized equipment. The Intermodal segment transports customers' freight utilizing its refrigerated containers and temperature-controlled trailers on railroad flatcars for portions of trips, as well as using tractors and contracted carriers. The Brokerage segment develops contractual relationships with and arranges for third-party carriers to transport freight for customers in temperature-controlled trailers and dry vans. As of December 31, 2021, the company operated a fleet of 3,204 tractors, including 3,111 company-owned tractors and 93 tractors supplied by independent contractors. Marten Transport, Ltd. was founded in 1946 and is headquartered in Mondovi, Wisconsin.
Visit WebsiteRating Distribution
Price Targets
Recent Analyst Actions
| Date | Firm | Action | Rating | Price Target |
|---|---|---|---|---|
| October 14th 2024 | Raymond James | Downgrade | Market Perform | - |
| July 9th 2024 | Vertical Research | Downgrade | Hold | $19← $22 |
| May 15th 2024 | Raymond James | Resumed | Outperform | $20 |
| January 10th 2024 | Vertical Research | Upgrade | Buy | $25 |
| August 17th 2022 | Vertical Research | Downgrade | Hold | $25← $24 |
Earnings History & Surprises
MRTNEPS Surprise History
Quarterly EPS Details
| Period | Report Date | Estimated EPS | Actual EPS | Surprise | Result |
|---|---|---|---|---|---|
Q2 2026 | Apr 14, 2026 | — | — | — | — |
Q1 2026 | Jan 26, 2026 | $0.04 | — | — | — |
Q4 2025 | Oct 23, 2025 | $0.04 | $0.03 | -25.0% | ✗ MISS |
Q3 2025 | Jul 16, 2025 | $0.09 | $0.09 | 0.0% | = MET |
Q2 2025 | Apr 16, 2025 | $0.05 | $0.05 | 0.0% | = MET |
Q1 2025 | Jan 27, 2025 | $0.06 | $0.07 | +16.7% | ✓ BEAT |
Q4 2024 | Oct 17, 2024 | $0.06 | $0.05 | -16.7% | ✗ MISS |
Q3 2024 | Jul 18, 2024 | $0.11 | $0.10 | -9.1% | ✗ MISS |
Q2 2024 | Apr 18, 2024 | $0.13 | $0.12 | -7.7% | ✗ MISS |
Q1 2024 | Jan 25, 2024 | $0.18 | $0.15 | -16.7% | ✗ MISS |
Q4 2023 | Oct 18, 2023 | $0.18 | $0.17 | -5.6% | ✗ MISS |
Q3 2023 | Jul 19, 2023 | $0.28 | $0.27 | -3.6% | ✗ MISS |
Q2 2023 | Apr 18, 2023 | $0.27 | $0.28 | +3.7% | ✓ BEAT |
Q1 2023 | Jan 24, 2023 | $0.31 | $0.31 | 0.0% | = MET |
Q4 2022 | Oct 17, 2022 | $0.34 | $0.32 | -5.9% | ✗ MISS |
Q3 2022 | Jul 18, 2022 | $0.32 | $0.39 | +21.9% | ✓ BEAT |
Q2 2022 | Apr 19, 2022 | $0.26 | $0.33 | +26.9% | ✓ BEAT |
Q1 2022 | Jan 25, 2022 | $0.26 | $0.30 | +15.4% | ✓ BEAT |
Q4 2021 | Oct 19, 2021 | $0.26 | $0.26 | 0.0% | = MET |
Q3 2021 | Jul 15, 2021 | $0.26 | $0.26 | 0.0% | = MET |
Latest News
Marten Transport Q3 EPS $0.03 Misses $0.06 Estimate, Sales $220.470M Miss $230.380M Estimate
📉 NegativeMarten Transport CEO Timothy M. Kohl To Retire
➖ NeutralMarten Transport's CEO Timothy Kohl To Retire Effective September 30, 2025; Randolph Marten Appointed Chairman Of The Board of Directors And Chief Executive Officer, Effective October 1, 2025
➖ NeutralFrequently Asked Questions about MRTN
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