Cash flow Marten Transport, Ltd.

Equities

MRTN

US5730751089

Ground Freight & Logistics

Real-time Estimate Cboe BZX Other stock markets 20:58:33 15/05/2026 BST			5-day change	1st Jan Change
15.54 ^USD	-0.10%		+0.45%	+37.52%

05-05	Marten Transport Keeps Quarterly Dividend at $0.06 a Share, Payable June 30 to Holders of Record June 16	MT
05-04	Marten Transport, Ltd. announces Quarterly dividend, payable on June 30, 2026	CI

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Published financial data: MARTEN TRANSPORT, LTD.

Annual

Quarterly

Halfyear

YTD

LTM

Fiscal Period: December	2021	2022	2023	2024	2025
Revenues	974M	1.26B	1.13B	964M	884M
Total Revenues	974M	1.26B	1.13B	964M	884M
Cost of Goods Sold, Total	696M	924M	836M	730M	671M
Gross Profit	277M	340M	295M	233M	213M
Selling General & Admin Expenses, Total	45.69M	56.21M	62.51M	58.31M	60.14M
Depreciation & Amortization - (IS)	103M	111M	117M	112M	105M
Other Operating Expenses	33.72M	43.14M	39.57M	35.11M	36.13M
Other Operating Expenses, Total	182M	210M	219M	205M	202M
Operating Income	95.39M	130M	76.5M	28.25M	10.85M
Income (Loss) On Equity Invest.	-	-	-	-	-
Other Non Operating Income (Expenses)	43K	827K	3.81M	3.13M	1.46M
EBT, Excl. Unusual Items	95.44M	131M	80.3M	31.38M	12.31M
Gain (Loss) On Sale Of Assets	16.3M	13.38M	13.61M	4.97M	12.07M
Legal Settlements	-	-	-	-	-
EBT, Incl. Unusual Items	112M	144M	93.92M	36.35M	24.38M
Income Tax Expense	26.3M	33.82M	23.54M	9.42M	6.93M
Earnings From Continuing Operations	85.43M	110M	70.37M	26.92M	17.44M
Net Income to Company	85.43M	110M	70.37M	26.92M	17.44M
Net Income - (IS)	85.43M	110M	70.37M	26.92M	17.44M
Net Income to Common Incl Extra Items	85.43M	110M	70.37M	26.92M	17.44M
Net Income to Common Excl. Extra Items	85.43M	110M	70.37M	26.92M	17.44M
Per Share Items
Net EPS - Basic	1.03	1.35	0.87	0.33	0.21
Basic EPS - Continuing Operations	1.03	1.35	0.87	0.33	0.21
Basic Weighted Average Shares Outstanding	82.87M	81.69M	81.27M	81.41M	81.51M
Net EPS - Diluted	1.02	1.35	0.86	0.33	0.21
Diluted EPS - Continuing Operations	1.02	1.35	0.86	0.33	0.21
Diluted Weighted Average Shares Outstanding	83.41M	81.96M	81.41M	81.47M	81.52M
Normalized Basic EPS	0.72	1	0.62	0.24	0.09
Normalized Diluted EPS	0.72	1	0.62	0.24	0.09
Dividend Per Share	0.16	0.24	0.24	0.24	0.24
Payout Ratio	15.53	17.73	27.72	72.58	112.14
Supplemental Items
EBITDA	204M	248M	200M	147M	123M
EBITA	102M	137M	83.67M	35.14M	17.25M
EBIT	95.39M	130M	76.5M	28.25M	10.85M
EBITDAR	208M	253M	207M	152M	127M
Effective Tax Rate - (Ratio)	23.54	23.46	25.07	25.93	28.44
Current Domestic Taxes	22.24M	21.94M	38.12M	24.85M	24.24M
Current Foreign Taxes	-	-	-	-	14K
Total Current Taxes	22.24M	21.94M	38.12M	24.85M	24.25M
Deferred Domestic Taxes	4.06M	11.88M	-14.58M	-15.43M	-17.32M
Total Deferred Taxes	4.06M	11.88M	-14.58M	-15.43M	-17.32M
Normalized Net Income	59.65M	81.74M	50.19M	19.61M	7.69M
Supplemental Operating Expense Items
Net Rental Expense, Total	3.7M	5.7M	6.5M	5.2M	4.5M
Stock-Based Comp., COGS (Total)	2.52M	2.81M	2.32M	2.24M	1.86M
Total Stock-Based Compensation	2.52M	2.81M	2.32M	2.24M	1.86M

Fiscal Period: December	2021	2022	2023	2024	2025
Assets
Cash And Equivalents	57M	80.6M	53.21M	17.27M	43.28M
Total Cash And Short Term Investments	57M	80.6M	53.21M	17.27M	43.28M
Accounts Receivable, Total	101M	123M	108M	91.58M	87.17M
Other Receivables	6.97M	7.22M	10.36M	5.36M	13.08M
Total Receivables	108M	131M	118M	96.94M	100M
Inventory	4.38M	5.43M	6.29M	5.69M	5.06M
Prepaid Expenses	9.23M	10.08M	10.16M	11.19M	11.11M
Other Current Assets, Total	8.13M	9.06M	8.96M	7.42M	11.99M
Total Current Assets	187M	236M	197M	139M	172M
Gross Property Plant And Equipment	957M	1.08B	1.16B	1.2B	1.13B
Accumulated Depreciation	-274M	-347M	-370M	-370M	-352M
Net Property Plant And Equipment	683M	729M	793M	829M	777M
Other Long-Term Assets, Total	924K	962K	1.01M	1.06M	1.11M
Total Assets	871M	966M	990M	969M	950M
Liabilities
Accounts Payable, Total	20.15M	37.3M	36.52M	25.78M	28.77M
Accrued Expenses, Total	73.16M	86.71M	73.46M	66.38M	63.2M
Current Portion of Leases	249K	301K	268K	296K	259K
Current Income Taxes Payable	-	-	-	1.06M	-
Other Current Liabilities	-	-	-	-	-
Total Current Liabilities	93.56M	124M	110M	93.52M	92.23M
Long-Term Debt	-	-	-	-	-
Long-Term Leases	291K	409K	249K	282K	194K
Deferred Tax Liability Non Current	125M	137M	122M	107M	89.72M
Total Liabilities	219M	262M	233M	201M	182M
Common Stock, Total	830K	811K	813K	815K	815K
Additional Paid In Capital	85.72M	47.19M	49.79M	52.94M	54.76M
Retained Earnings	565M	656M	707M	714M	712M
Total Common Equity	652M	704M	757M	768M	768M
Total Equity	652M	704M	757M	768M	768M
Total Liabilities And Equity	871M	966M	990M	969M	950M
Supplemental Items
ECS Total Shares Outstanding on Filing Date	83.04M	81.15M	81.32M	81.46M	81.54M
ECS Total Common Shares Outstanding	83.03M	81.12M	81.31M	81.46M	81.54M
Book Value / Share	7.85	8.68	9.31	9.43	9.41
Tangible Book Value	652M	704M	757M	768M	768M
Tangible Book Value Per Share	7.85	8.68	9.31	9.43	9.41
Total Debt	540K	710K	517K	578K	453K
Net Debt	-56.46M	-79.89M	-52.7M	-16.69M	-42.82M
Debt Equivalent Oper. Leases	29.6M	45.6M	52M	41.6M	36M
Account Code - Inventory Valuation	-	3	3	3	3
Inventories - Raw Materials, Total	4.38M	5.43M	6.29M	5.69M	5.06M
Buildings, Total	92.82M	103M	109M	109M	109M
Machinery, Total	864M	972M	1.05B	1.09B	1.02B
Full Time Employees	4.01K	4.58K	4.21K	3.78K	3.5K
Accumulated Allowance for Doubtful Accounts (Supple)	348K	500K	497K	496K	400K

Fiscal Period: December	2021	2022	2023	2024	2025
Net Income	85.43M	110M	70.37M	26.92M	17.44M
Depreciation & Amortization - CF	103M	111M	117M	112M	105M
Amortization of Goodwill and Intangible Assets - (CF)	6.43M	6.6M	7.17M	6.89M	6.4M
Depreciation & Amortization, Total	109M	118M	124M	119M	112M
(Gain) Loss From Sale Of Asset	-16.3M	-13.38M	-13.61M	-4.97M	-12.07M
(Income) Loss On Equity Investments - (CF)	-	-	-	-	-
Stock-Based Compensation (CF)	2.52M	2.81M	2.32M	2.24M	1.86M
Tax Benefit from Stock Options	-	-	-	-	-
Other Operating Activities, Total	4.06M	11.88M	-14.58M	-15.43M	-17.32M
Change In Accounts Receivable	-16.74M	-23.55M	12.75M	19.83M	-661K
Change In Accounts Payable	-823K	11.89M	-3.62M	-2.44M	-1.5M
Change in Other Net Operating Assets	4.06M	1.86M	-13.15M	-9.88M	-6.06M
Cash from Operations	171M	219M	164M	135M	93.49M
Capital Expenditure	-199M	-177M	-241M	-233M	-145M
Sale of Property, Plant, and Equipment	75.6M	41.7M	68.06M	81.14M	102M
Investment in Marketable and Equity Securities, Total	-	-	-	-	-
Other Investing Activities, Total	-37K	-38K	-45K	-49K	-52K
Cash from Investing	-124M	-135M	-173M	-152M	-42.88M
Long-Term Debt Issued, Total	-	-	-	-	-
Total Debt Issued	-	-	-	-	-
Long-Term Debt Repaid, Total	-	-	-	-	-
Total Debt Repaid	-	-	-	-	-
Issuance of Common Stock	876K	2M	1.21M	1.3M	246K
Repurchase of Common Stock	-2.74M	-43.36M	-926K	-382K	-284K
Common Dividends Paid	-13.27M	-19.56M	-19.51M	-19.54M	-19.56M
Common & Preferred Stock Dividends Paid	-13.27M	-19.56M	-19.51M	-19.54M	-19.56M
Special Dividend Paid	-41.47M	-	-	-	-
Other Financing Activities, Total	-	-	-	-	-
Cash from Financing	-56.6M	-60.93M	-19.22M	-18.62M	-19.6M
Net Change in Cash	-9.13M	23.6M	-27.39M	-35.95M	31.01M
Supplemental Items
Cash Interest Paid	-	65K	10K	-	-
Cash Income Tax Paid (Refund)	21.72M	23.65M	36.98M	19.17M	27.02M
Levered Free Cash Flow	-44.56M	30.45M	-68.7M	-89.42M	-32.55M
Unlevered Free Cash Flow	-44.56M	30.45M	-68.7M	-89.42M	-32.55M
Change In Net Working Capital	16.4M	-5.41M	2.16M	-5.37M	8.43M
Net Debt Issued / Repaid	-	-	-	-	-

Fiscal Period: December	2021	2022	2023	2024	2025
Profitability
Return on Assets	7	8.85	4.89	1.8	0.71
Return on Total Capital	9.36	11.97	6.54	2.31	0.88
Return On Equity %	13.43	16.28	9.63	3.53	2.27
Return on Common Equity	13.43	16.28	9.63	3.53	2.27
Margin Analysis
Gross Profit Margin %	28.49	26.93	26.1	24.21	24.05
SG&A Margin	4.69	4.45	5.52	6.05	6.81
EBITDA Margin %	20.99	19.59	17.71	15.23	13.88
EBITA Margin %	10.46	10.81	7.39	3.65	1.95
EBIT Margin %	9.8	10.28	6.76	2.93	1.23
Income From Continuing Operations Margin %	8.77	8.73	6.22	2.79	1.97
Net Income Margin %	8.77	8.73	6.22	2.79	1.97
Net Avail. For Common Margin %	8.77	8.73	6.22	2.79	1.97
Normalized Net Income Margin	6.13	6.47	4.44	2.03	0.87
Levered Free Cash Flow Margin	-4.58	2.41	-6.07	-9.28	-3.68
Unlevered Free Cash Flow Margin	-4.58	2.41	-6.07	-9.28	-3.68
Asset Turnover
Asset Turnover	1.14	1.38	1.16	0.98	0.92
Fixed Assets Turnover	1.46	1.79	1.49	1.19	1.1
Receivables Turnover (Average Receivables)	10.46	11.25	9.79	9.68	9.89
Inventory Turnover (Average Inventory)	179.75	188.44	142.77	121.93	124.82
Short Term Liquidity
Current Ratio	2	1.9	1.78	1.48	1.86
Quick Ratio	1.77	1.7	1.55	1.22	1.56
Operating Cash Flow to Current Liabilities	1.83	1.77	1.49	1.44	1.01
Days Sales Outstanding (Average Receivables)	34.9	32.44	37.27	37.82	36.92
Days Outstanding Inventory (Average Inventory)	2.03	1.94	2.56	3	2.92
Average Days Payable Outstanding	12	11.34	16.09	15.62	14.85
Cash Conversion Cycle (Average Days)	24.93	23.04	23.73	25.2	24.99
Long Term Solvency
Total Debt/Equity	0.08	0.1	0.07	0.08	0.06
Total Debt / Total Capital	0.08	0.1	0.07	0.08	0.06
LT Debt/Equity	0.04	0.06	0.03	0.04	0.03
Long-Term Debt / Total Capital	0.04	0.06	0.03	0.04	0.03
Total Liabilities / Total Assets	25.15	27.11	23.52	20.73	19.18
Total Debt / EBITDA	0	0	0	0	0
Net Debt / EBITDA	-0.27	-0.32	-0.25	-0.11	-0.34
Total Debt / (EBITDA - Capex)	0.06	0.01	-0.02	-0.01	-0.03
Net Debt / (EBITDA - Capex)	-6.42	-1.04	1.57	0.21	2.46
Growth Over Prior Year
Total Revenues, 1 Yr. Growth %	11.35	29.81	-10.48	-14.83	-8.31
Gross Profit, 1 Yr. Growth %	4.41	22.7	-13.23	-20.99	-8.92
EBITDA, 1 Yr. Growth %	6.31	21.13	-19.06	-26.75	-16.45
EBITA, 1 Yr. Growth %	13.94	34.12	-38.73	-58.01	-50.92
EBIT, 1 Yr. Growth %	15.22	36.24	-41.14	-63.07	-61.61
Earnings From Cont. Operations, 1 Yr. Growth %	22.92	29.18	-36.23	-61.74	-35.21
Net Income, 1 Yr. Growth %	22.92	29.18	-36.23	-61.74	-35.21
Normalized Net Income, 1 Yr. Growth %	15.07	37.05	-38.6	-60.93	-60.76
Diluted EPS Before Extra, 1 Yr. Growth %	21.43	32.35	-36.3	-61.63	-36.36
Accounts Receivable, 1 Yr. Growth %	19.15	21.93	-12.83	-14.9	-4.81
Inventory, 1 Yr. Growth %	29.74	24.05	15.83	-9.42	-11.13
Net Property, Plant and Equip., 1 Yr. Growth %	4.23	6.75	8.76	4.6	-6.3
Total Assets, 1 Yr. Growth %	4.7	10.91	2.55	-2.18	-1.96
Tangible Book Value, 1 Yr. Growth %	5.05	8.02	7.6	1.39	-0.04
Common Equity, 1 Yr. Growth %	5.05	8.02	7.6	1.39	-0.04
Cash From Operations, 1 Yr. Growth %	-9.7	28.2	-25.11	-17.99	-30.65
Capital Expenditures, 1 Yr. Growth %	15.16	-11.38	36.2	-3.05	-38.02
Levered Free Cash Flow, 1 Yr. Growth %	-367.18	-168.34	-325.6	30.17	-63.6
Unlevered Free Cash Flow, 1 Yr. Growth %	-367.18	-168.34	-325.6	30.17	-63.6
Dividend Per Share, 1 Yr. Growth %	19.4	50	0	0	0
Compound Annual Growth Rate Over Two Years
Total Revenues, 2 Yr. CAGR %	7.45	20.23	7.8	-12.68	-11.63
Gross Profit, 2 Yr. CAGR %	8.78	13.19	3.18	-17.2	-15.17
EBITDA, 2 Yr. CAGR %	9.71	13.48	-0.98	-23	-21.77
EBITA, 2 Yr. CAGR %	16.77	23.62	-9.35	-49.28	-54.6
EBIT, 2 Yr. CAGR %	18.6	25.29	-10.45	-53.38	-62.35
Earnings From Cont. Operations, 2 Yr. CAGR %	18.27	26.01	-9.24	-50.61	-50.21
Net Income, 2 Yr. CAGR %	18.27	26.01	-9.24	-50.61	-50.21
Normalized Net Income, 2 Yr. CAGR %	17.6	25.58	-8.27	-51.02	-60.85
Diluted EPS Before Extra, 2 Yr. CAGR %	17.4	26.77	-8.18	-50.56	-50.58
Accounts Receivable, 2 Yr. CAGR %	4.65	20.53	3.09	-13.87	-9.99
Inventory, 2 Yr. CAGR %	13.54	26.86	19.87	2.43	-10.28
Net Property, Plant and Equip., 2 Yr. CAGR %	3.16	5.48	7.75	6.66	-1
Total Assets, 2 Yr. CAGR %	4.55	7.76	6.65	0.16	-2.07
Tangible Book Value, 2 Yr. CAGR %	4.43	6.52	7.81	4.45	0.67
Common Equity, 2 Yr. CAGR %	4.43	6.52	7.81	4.45	0.67
Cash From Operations, 2 Yr. CAGR %	4.61	7.59	-2.01	-21.63	-24.59
Capital Expenditures, 2 Yr. CAGR %	2.58	1.03	9.87	14.91	-22.48
Levered Free Cash Flow, 2 Yr. CAGR %	-10.25	35.12	24.16	71.37	-31.16
Unlevered Free Cash Flow, 2 Yr. CAGR %	-10.25	35.12	24.16	71.37	-31.16
Dividend Per Share, 2 Yr. CAGR %	41.42	33.83	22.47	0	0
Compound Annual Growth Rate Over Three Years
Total Revenues, 3 Yr. CAGR %	7.32	14.44	8.97	-0.34	-11.25
Gross Profit, 3 Yr. CAGR %	7.73	13.24	3.59	-5.6	-14.53
EBITDA, 3 Yr. CAGR %	8.81	13.39	1.39	-10.45	-20.88
EBITA, 3 Yr. CAGR %	13.26	22.29	-2.17	-29.86	-49.83
EBIT, 3 Yr. CAGR %	14.77	24.21	-2.6	-33.35	-56.3
Earnings From Cont. Operations, 3 Yr. CAGR %	15.79	21.8	0.42	-31.95	-45.93
Net Income, 3 Yr. CAGR %	15.79	21.8	0.42	-31.95	-45.93
Normalized Net Income, 3 Yr. CAGR %	14.38	23.75	-1.07	-30.98	-54.51
Diluted EPS Before Extra, 3 Yr. CAGR %	15.04	22.19	0.79	-31.35	-46.22
Accounts Receivable, 3 Yr. CAGR %	6.06	10.12	8.19	-3.29	-10.95
Inventory, 3 Yr. CAGR %	7.44	16.94	23.07	9.18	-2.31
Net Property, Plant and Equip., 3 Yr. CAGR %	5.1	4.34	6.56	6.69	2.15
Total Assets, 3 Yr. CAGR %	4.92	6.63	5.99	3.62	-0.55
Tangible Book Value, 3 Yr. CAGR %	4.2	5.61	6.88	5.62	2.93
Common Equity, 3 Yr. CAGR %	4.2	5.61	6.88	5.62	2.93
Cash From Operations, 3 Yr. CAGR %	3.55	11.94	-4.65	-7.66	-24.76
Capital Expenditures, 3 Yr. CAGR %	5.75	-2.3	11.6	5.38	-6.46
Levered Free Cash Flow, 3 Yr. CAGR %	16.15	-18.05	60.3	26.14	2.25
Unlevered Free Cash Flow, 3 Yr. CAGR %	16.15	-18.05	60.3	26.14	2.25
Dividend Per Share, 3 Yr. CAGR %	33.66	44.22	21.44	14.47	0
Compound Annual Growth Rate Over Five Years
Total Revenues, 5 Yr. CAGR %	7.73	12.6	7.51	2.71	0.21
Gross Profit, 5 Yr. CAGR %	7.71	11.15	5.89	-0.09	-4.37
EBITDA, 5 Yr. CAGR %	9.43	12.82	4.78	-2.87	-8.6
EBITA, 5 Yr. CAGR %	16.33	22.08	3.61	-14	-28.04
EBIT, 5 Yr. CAGR %	14.82	20.88	3.92	-16.07	-33.4
Earnings From Cont. Operations, 5 Yr. CAGR %	20.62	4.1	5.04	-15.11	-24.15
Net Income, 5 Yr. CAGR %	20.62	4.1	5.04	-15.11	-24.15
Normalized Net Income, 5 Yr. CAGR %	15.43	21.22	4.71	-14.58	-31.72
Diluted EPS Before Extra, 5 Yr. CAGR %	20.19	4.18	5.12	-14.91	-24.21
Accounts Receivable, 5 Yr. CAGR %	7.91	10.51	4.87	-0.19	0.51
Inventory, 5 Yr. CAGR %	0.11	4.66	12.25	10.9	8.46
Net Property, Plant and Equip., 5 Yr. CAGR %	4.13	4.97	6.15	5.26	3.47
Total Assets, 5 Yr. CAGR %	5.9	6.94	5.61	3.99	2.69
Tangible Book Value, 5 Yr. CAGR %	8.3	6.02	5.63	5.14	4.35
Common Equity, 5 Yr. CAGR %	8.3	6.02	5.63	5.14	4.35
Cash From Operations, 5 Yr. CAGR %	5.05	12.49	1.29	-2.93	-13.19
Capital Expenditures, 5 Yr. CAGR %	4.19	2.44	7.38	4.25	-3.53
Levered Free Cash Flow, 5 Yr. CAGR %	7.06	-6.66	19.29	10.08	14.31
Unlevered Free Cash Flow, 5 Yr. CAGR %	7.06	-6.66	19.29	10.08	14.31
Dividend Per Share, 5 Yr. CAGR %	31.95	35.11	29.07	24.57	12.36