Symbols / MRTN Stock $17.75 -0.06% Marten Transport, Ltd.

Industrials • Trucking • United States • NMS
MRTN (Stock) Chart
O: — H: — L: — C: — V: —
SMA 20: — SMA 50: — SMA 200: —
Stock Fundamentals
Scroll to Statements
Index EQUITY
Sector Industrials
Industry Trucking
CEO Mr. Randolph L. Marten
Exch · Country NMS · United States
Market Cap 1.45B
Enterprise Value 1.38B
Income 14.49M
Sales 864.03M
FCF (ttm) -41.07M
Book/sh 9.37
Cash/sh 0.85
Employees 3,502
Insider 10d —
IPO Sep 25, 1986
Div forward ($/yr)
Div TTM ($/yr)
Dividend Yield
Ex-Div Date
5Y Avg Yield
Yield vs 5Y Avg
Payout 133.33%
P/E 98.61
Forward P/E 37.77
PEG 1.83
P/S 1.68
P/B 1.89
P/C —
EV/EBITDA 11.88
EV/Sales 1.60
Quick Ratio 1.82
Current Ratio 2.08
Debt/Eq 0.06
LT Debt/Eq —
EPS (ttm) 0.18
EPS next Y 0.47
EPS Growth -66.10%
Revenue Growth -8.80%
EPS Gr Q/Q -68.10%
Rev Gr Q/Q —
Earnings (next) 2026-07-22
Earnings (prior) 2026-04-23
ROA 0.44%
ROE 1.89%
ROIC —
Gross Margin 23.55%
Oper. Margin 0.08%
Profit Margin 1.68%
Shs Outstand 81.59M
Shs Float 57.59M
Insider Own 29.32%
Instit Own 72.24%
Short Float 6.29%
Short Ratio 2.41
Short Interest 2.28M
52W High 17.98
vs 52W High -1.28%
52W Low 9.35
vs 52W Low 89.84%
Beta 0.95
Impl. Vol. 55.81%
Rel Volume 0.85
Avg Volume 865.16K
Volume 734.79K
Target (mean) $19.00
Tgt Median $19.00
Tgt Low $19.00
Tgt High $19.00
# Analysts 1
Recom None
Prev Close $17.76
Price $17.75
Change -0.06%
About

Marten Transport, Ltd. operates as a temperature-sensitive truckload carrier for shippers in the United States, Mexico, and Canada. It operates through Truckload, Dedicated, and Brokerage segments. The Truckload segment transports food and other consumer packaged goods that require a temperature-controlled or insulated environment, as well as dry freight; and regional short-haul and medium-to-long-haul full-load transportation services. The Dedicated segment offers customized transportation solutions for individual customers' requirements using temperature-controlled trailers, dry vans, and other specialized equipment. 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, 2025, the company operated a fleet of 2,654 tractors that included 2,577 company-owned tractors and 77 tractors supplied by independent contractors. Marten Transport, Ltd. was founded in 1946 and is headquartered in Mondovi, Wisconsin.

Valuation Models

Price estimates from analyst targets and simple models.

1. Analyst consensus
$19.00
Mean price target
2. Current target
$17.75
Latest analyst target
3. DCF / Fair value
$-9.06
Simplified: (Free Cash Flow ÷ Shares) × 18 (P/FCF multiple). Not a …
Ratings
Current target
$17.75
Low
$19.00
High
$19.00
Mean
$19.00

Latest analyst rating changes

Date Action Analyst Rating Change Price Target
2025-01-28 main Stephens & Co. Overweight → Overweight $19
2024-10-14 down Raymond James Outperform → Market Perform —
2024-04-19 main Stephens & Co. Overweight → Overweight $21
2024-01-10 up Vertical Research Hold → Buy $25
2023-07-20 reit Stephens & Co. Overweight → Overweight $27
2023-05-19 reit Stephens & Co. Overweight → Overweight $26
2022-10-18 main Stephens & Co. — → Overweight $25
2022-08-17 down Vertical Research Buy → Hold —
2022-01-26 main Stephens & Co. — → Overweight $21
2021-09-10 init Raymond James — → Market Perform —
2021-08-09 down Keybanc Overweight → Sector Weight —
2021-03-26 init Vertical Research — → Buy $22
2020-09-02 main Keybanc — → Overweight $21
2020-07-07 main Keybanc — → Overweight $29
2020-05-19 down Loop Capital Buy → Hold $26
2020-05-06 main Keybanc — → Overweight $27
2020-04-06 up Stephens & Co. Equal-Weight → Overweight $22
2020-03-31 init Loop Capital — → Buy $26
2020-03-27 main Keybanc — → Overweight $24
2019-09-10 up Keybanc Sector Weight → Overweight $25
News
RSS: Latest MRTN news
Insider Transactions
Filed Date Insider Relationship Transaction Shares Price Value SEC
2026-05-05 JONES PATRICIA L Director — 4,100 $0.00 $0
2026-05-05 HINNENDAEL JAMES J Chief Financial Officer — 6,766 $0.00 $0
2026-05-05 BAIER RANDALL JOHN Chief Technology Officer — 4,817 $0.00 $0
2026-05-05 BOOTH RONALD RICHARD Director — 4,100 $0.00 $0
2026-05-05 PETIT DOUGLAS PAUL President — 6,423 $0.00 $0
2026-05-05 PHILLIPS ADAM DANIEL Chief Operating Officer — 4,661 $0.00 $0
2026-05-05 HAGNESS LARRY B Director — 4,100 $0.00 $0
2026-05-05 MARTEN RANDOLPH L Chief Executive Officer — 12,300 $0.00 $0
2026-05-05 DEMOREST ROBERT L Director — 4,100 $0.00 $0
2026-05-05 BAUER JERRY M Director — 4,100 $0.00 $0
Financials
Statement View
Amounts in millions (2 decimals, no suffix) • EPS per share (2 decimals) • Trend = period evolution • YoY Growth = previous period %
Line Item Trend 2025-12-31 2024-12-31 2023-12-31 2022-12-31
Total Revenue
883.65
-8.31%
963.71
-14.83%
1,131.45
-10.48%
1,263.88
Operating Revenue
883.65
-8.31%
963.71
-14.83%
1,131.45
-10.48%
1,263.88
Cost Of Revenue
767.78
-7.83%
833.01
-11.64%
942.72
-8.06%
1,025.38
Reconciled Cost Of Revenue
767.78
-7.83%
833.01
-11.64%
942.72
-8.06%
1,025.38
Gross Profit
115.87
-11.35%
130.70
-30.75%
188.73
-20.87%
238.50
Operating Expense
105.02
+2.51%
102.45
-8.72%
112.23
+3.41%
108.53
Selling General And Administration
64.40
+3.64%
62.14
-6.08%
66.16
+10.84%
59.69
General And Administrative Expense
64.40
+3.64%
62.14
-6.08%
66.16
+10.84%
59.69
Other Gand A
8.75
-3.06%
9.03
-11.04%
10.15
+10.59%
9.18
Other Operating Expenses
30.89
+2.92%
30.01
-14.30%
35.02
-8.04%
38.08
Total Expenses
872.81
-6.70%
935.46
-11.33%
1,054.96
-6.96%
1,133.91
Operating Income
10.85
-61.61%
28.25
-63.07%
76.50
-41.14%
129.97
Total Operating Income As Reported
22.91
-31.03%
33.22
-63.13%
90.11
-37.14%
143.34
EBITDA
116.24
-16.91%
139.90
-27.59%
193.22
-19.82%
240.98
Normalized EBITDA
104.17
-22.80%
134.93
-24.87%
179.61
-21.09%
227.60
Reconciled Depreciation
105.39
-5.61%
111.65
-4.34%
116.72
+5.14%
111.01
EBIT
10.85
-61.61%
28.25
-63.07%
76.50
-41.14%
129.97
Total Unusual Items
12.07
+142.75%
4.97
-63.48%
13.61
+1.74%
13.38
Total Unusual Items Excluding Goodwill
12.07
+142.75%
4.97
-63.48%
13.61
+1.74%
13.38
Special Income Charges
12.07
+142.75%
4.97
-63.48%
13.61
+1.74%
13.38
Net Income
17.44
-35.21%
26.92
-61.74%
70.37
-36.23%
110.35
Pretax Income
24.38
-32.93%
36.35
-61.30%
93.92
-34.86%
144.17
Other Income Expense
13.53
+67.11%
8.10
-53.51%
17.42
+22.61%
14.21
Other Non Operating Income Expenses
1.46
-53.17%
3.13
-17.87%
3.81
+360.22%
0.83
Tax Provision
6.93
-26.43%
9.42
-59.97%
23.54
-30.38%
33.82
Tax Rate For Calcs
0.00
+9.53%
0.00
+3.43%
0.00
+6.67%
0.00
Tax Effect Of Unusual Items
3.43
+165.89%
1.29
-62.23%
3.41
+8.53%
3.14
Net Income Including Noncontrolling Interests
17.44
-35.21%
26.92
-61.74%
70.37
-36.23%
110.35
Net Income From Continuing Operation Net Minority Interest
17.44
-35.21%
26.92
-61.74%
70.37
-36.23%
110.35
Net Income From Continuing And Discontinued Operation
17.44
-35.21%
26.92
-61.74%
70.37
-36.23%
110.35
Net Income Continuous Operations
17.44
-35.21%
26.92
-61.74%
70.37
-36.23%
110.35
Normalized Income
8.80
-62.12%
23.24
-61.38%
60.17
-39.90%
100.12
Net Income Common Stockholders
17.44
-35.21%
26.92
-61.74%
70.37
-36.23%
110.35
Diluted EPS
0.21
-36.36%
0.33
-61.63%
0.86
-36.30%
1.35
Basic EPS
0.21
-36.36%
0.33
-62.07%
0.87
-35.56%
1.35
Basic Average Shares
81.51
+0.13%
81.41
+0.16%
81.27
-0.51%
81.69
Diluted Average Shares
81.52
+0.06%
81.47
+0.07%
81.41
-0.67%
81.96
Diluted NI Availto Com Stockholders
17.44
-35.21%
26.92
-61.74%
70.37
-36.23%
110.35
Gain On Sale Of PPE
12.07
+142.75%
4.97
-63.48%
13.61
+1.74%
13.38
Insurance And Claims
55.65
+4.78%
53.11
-5.19%
56.01
+10.89%
50.51
Other Taxes
9.74
-5.48%
10.30
-6.79%
11.05
+2.69%
10.76
Line Item Trend 2023-12-31
Total Assets
990.34
Current Assets
196.58
Cash Cash Equivalents And Short Term Investments
53.21
Cash And Cash Equivalents
53.21
Receivables
117.96
Accounts Receivable
105.50
Gross Accounts Receivable
106.00
Allowance For Doubtful Accounts Receivable
-0.50
Other Receivables
12.46
Prepaid Assets
21.43
Restricted Cash
—
Other Current Assets
3.97
Total Non Current Assets
793.76
Net PPE
792.75
Gross PPE
1,162.85
Accumulated Depreciation
-370.10
Properties
108.87
Machinery Furniture Equipment
57.07
Other Properties
996.91
Other Non Current Assets
1.01
Total Liabilities Net Minority Interest
232.95
Current Liabilities
110.24
Payables And Accrued Expenses
110.24
Payables
36.52
Accounts Payable
36.52
Current Accrued Expenses
73.73
Total Tax Payable
0.00
Income Tax Payable
0.00
Total Non Current Liabilities Net Minority Interest
122.71
Long Term Debt And Capital Lease Obligation
0.25
Long Term Capital Lease Obligation
0.25
Non Current Deferred Liabilities
122.46
Non Current Deferred Taxes Liabilities
122.46
Stockholders Equity
757.39
Common Stock Equity
757.39
Capital Stock
0.81
Common Stock
0.81
Preferred Stock
0.00
Share Issued
81.31
Ordinary Shares Number
81.31
Treasury Shares Number
0.00
Additional Paid In Capital
49.79
Retained Earnings
706.78
Total Equity Gross Minority Interest
757.39
Total Capitalization
757.39
Working Capital
86.34
Invested Capital
757.39
Total Debt
0.25
Capital Lease Obligations
0.25
Net Tangible Assets
757.39
Tangible Book Value
757.39
Line Item Trend 2025-12-31 2024-12-31 2023-12-31 2022-12-31
Operating Cash Flow
93.49
-30.65%
134.81
-17.99%
164.38
-25.11%
219.49
Cash Flow From Continuing Operating Activities
93.49
-30.65%
134.81
-17.99%
164.38
-25.11%
219.49
Net Income From Continuing Operations
17.44
-35.21%
26.92
-61.74%
70.37
-36.23%
110.35
Depreciation Amortization Depletion
105.39
-5.61%
111.65
-4.34%
116.72
+5.14%
111.01
Depreciation
105.39
-5.61%
111.65
-4.34%
116.72
+5.14%
111.01
Depreciation And Amortization
105.39
-5.61%
111.65
-4.34%
116.72
+5.14%
111.01
Other Non Cash Items
6.40
-7.07%
6.89
-3.96%
7.17
+8.60%
6.60
Stock Based Compensation
1.86
-16.86%
2.24
-3.58%
2.32
-17.59%
2.81
Deferred Tax
-17.32
-12.25%
-15.43
-5.82%
-14.58
-222.74%
11.88
Deferred Income Tax
-17.32
-12.25%
-15.43
-5.82%
-14.58
-222.74%
11.88
Operating Gains Losses
-12.07
-142.75%
-4.97
+63.48%
-13.61
-1.74%
-13.38
Gain Loss On Sale Of PPE
-12.07
-142.75%
-4.97
+63.48%
-13.61
-1.74%
-13.38
Change In Working Capital
-8.22
-209.44%
7.51
+287.06%
-4.02
+58.99%
-9.80
Change In Receivables
-0.66
-103.33%
19.83
+55.53%
12.75
+154.15%
-23.55
Change In Prepaid Assets
-2.12
+47.69%
-4.05
-2.94%
-3.94
+52.12%
-8.23
Change In Payables And Accrued Expense
-5.44
+34.14%
-8.26
+35.60%
-12.83
-158.37%
21.98
Change In Accrued Expense
-3.94
+32.30%
-5.82
+36.80%
-9.21
-191.36%
10.09
Change In Payable
-1.50
+38.54%
-2.44
+32.53%
-3.62
-130.40%
11.89
Change In Account Payable
-1.50
+38.54%
-2.44
+32.53%
-3.62
-130.40%
11.89
Investing Cash Flow
-42.88
+71.82%
-152.14
+11.82%
-172.54
-27.85%
-134.96
Cash Flow From Continuing Investing Activities
-42.88
+71.82%
-152.14
+11.82%
-172.54
-27.85%
-134.96
Net PPE Purchase And Sale
-42.83
+71.84%
-152.09
+11.83%
-172.50
-27.85%
-134.92
Purchase Of PPE
-144.55
+38.02%
-233.23
+3.05%
-240.56
-36.20%
-176.62
Sale Of PPE
101.73
+25.37%
81.14
+19.22%
68.06
+63.21%
41.70
Capital Expenditure
-144.55
+38.02%
-233.23
+3.05%
-240.56
-36.20%
-176.62
Net Business Purchase And Sale
—
—
—
—
Net Other Investing Changes
-0.05
-6.12%
-0.05
-8.89%
-0.04
-18.42%
-0.04
Financing Cash Flow
-19.60
-5.25%
-18.62
+3.14%
-19.23
+68.45%
-60.93
Cash Flow From Continuing Financing Activities
-19.60
-5.25%
-18.62
+3.14%
-19.23
+68.45%
-60.93
Net Common Stock Issuance
—
0.00
0.00
+100.00%
-41.75
Common Stock Payments
—
0.00
0.00
+100.00%
-41.75
Common Stock Dividend Paid
-19.56
-0.11%
-19.54
-0.16%
-19.51
+0.28%
-19.56
Cash Dividends Paid
-19.56
-0.11%
-19.54
-0.16%
-19.51
+0.28%
-19.56
Repurchase Of Capital Stock
—
0.00
0.00
+100.00%
-41.75
Proceeds From Stock Option Exercised
0.25
-81.08%
1.30
+7.44%
1.21
-39.50%
2.00
Net Other Financing Charges
-0.28
+25.65%
-0.38
+58.75%
-0.93
+42.48%
-1.61
Changes In Cash
31.01
+186.27%
-35.95
-31.25%
-27.39
-216.02%
23.61
Beginning Cash Position
17.27
-67.55%
53.21
-33.98%
80.60
+41.42%
56.99
End Cash Position
48.28
+179.60%
17.27
-67.55%
53.21
-33.98%
80.60
Free Cash Flow
-51.06
+48.11%
-98.42
-29.19%
-76.18
-277.71%
42.87
Interest Paid Supplemental Data
0.00
0.00
-100.00%
0.01
-84.62%
0.07
Income Tax Paid Supplemental Data
27.02
+40.95%
19.17
-48.16%
36.98
+56.36%
23.65
Earnings Losses From Equity Investments
—
—
—
—
Sale Of Business
—
—
—
—
SEC Filings

Recent 10-K, 10-Q, 8-K, and Form 4 (insider) filings.

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