Marten Transport (MRTN) Financials

$13.27 -0.12 (-0.90%)

As of 01:56 PM Eastern

Annual Income Statements for Marten Transport

This table shows Marten Transport's income and expenses over time, based on annual financial data. All values are USD millions unless otherwise specified.

Metric	2014	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024
Net Income / (Loss) Attributable to Common Shareholders	30	36	33	90	55	61	70	85	110	70	27
Consolidated Net Income / (Loss)	30	36	33	90	55	61	70	85	110	70	27
Net Income / (Loss) Continuing Operations	30	36	33	90	55	61	70	85	110	70	27
Total Pre-Tax Income	52	61	57	56	71	78	93	112	144	94	36
Total Operating Income	51	61	58	57	70	76	93	112	143	90	33
Total Gross Profit	213	233	242	354	391	410	420	462	624	553	453
Total Revenue	673	665	671	698	788	843	874	974	1,264	1,131	964
Operating Revenue	673	665	671	698	788	843	874	974	1,264	1,131	964
Total Cost of Revenue	460	432	430	344	397	433	455	511	640	578	511
Operating Cost of Revenue	460	432	430	344	397	433	455	511	640	578	511
Total Operating Expenses	162	172	183	297	321	334	326	351	480	463	420
Selling, General & Admin Expense	16	19	20	55	61	61	69	69	89	91	83
Depreciation Expense	68	75	82	85	89	95	103	103	111	117	112
Other Operating Expenses / (Income)	50	48	49	162	179	186	165	196	294	269	230
Other Special Charges / (Income)	-	-	-	-5.50	-7.24	-8.68	-10	-16	-13	-14	-4.97
Total Other Income / (Expense), net	0.67	-0.37	-1.24	-0.39	0.68	1.19	0.14	0.04	0.83	3.81	3.13
Other Income / (Expense), net	0.67	-0.37	-1.24	-0.39	0.68	1.19	0.14	0.04	0.83	3.81	3.13
Income Tax Expense	22	25	24	-34	16	17	24	26	34	24	9.42
Basic Earnings per Share	$0.89	$0.64	$0.62	$1.66	$0.67	$0.75	$0.84	$1.03	$1.35	$0.87	$0.33
Weighted Average Basic Shares Outstanding	33.38M	33.48M	54.18M	54.49M	54.59M	54.77M	82.71M	83.04M	81.15M	81.32M	81.46M
Diluted Earnings per Share	$0.89	$0.64	$0.61	$1.65	$0.67	$0.74	$0.84	$1.02	$1.35	$0.86	$0.33
Weighted Average Diluted Shares Outstanding	33.38M	33.48M	54.18M	54.49M	54.59M	54.77M	82.71M	83.04M	81.15M	81.32M	81.46M
Weighted Average Basic & Diluted Shares Outstanding	33.38M	33.48M	54.18M	54.49M	54.59M	54.77M	82.71M	83.04M	81.15M	81.32M	81.46M
Cash Dividends to Common per Share	$0.10	$0.06	$0.06	$0.08	$0.07	$0.51	$0.63	$0.66	$0.24	$0.24	$0.24

This table shows Marten Transport's income and expenses over time, based on quarterly financial data. All values are USD millions unless otherwise specified.

Metric	Q3 2022	Q4 2022	Q1 2023	Q2 2023	Q3 2023	Q4 2023	Q1 2024	Q2 2024	Q3 2024	Q4 2024
Net Income / (Loss) Attributable to Common Shareholders	26	26	23	22	14	12	9.65	7.89	3.75	5.63
Consolidated Net Income / (Loss)	26	26	23	22	14	12	9.65	7.89	3.75	5.63
Net Income / (Loss) Continuing Operations	26	26	23	22	14	12	9.65	7.89	3.75	5.63
Total Pre-Tax Income	34	33	30	29	18	17	13	11	5.19	7.12
Total Operating Income	34	33	29	28	17	16	12	9.97	4.27	6.73
Total Gross Profit	160	157	145	141	89	178	119	116	109	108
Total Revenue	324	323	298	286	280	268	250	246	237	230
Operating Revenue	324	323	298	286	280	268	250	246	237	230
Total Cost of Revenue	164	165	153	145	191	90	131	130	128	122
Operating Cost of Revenue	164	165	153	145	191	90	131	130	128	122
Total Operating Expenses	127	124	116	113	71	163	107	107	105	101
Selling, General & Admin Expense	22	22	24	22	22	23	19	21	21	22
Depreciation Expense	28	30	30	29	29	29	29	28	27	28
Other Operating Expenses / (Income)	77	76	68	65	23	113	61	60	57	52
Other Special Charges / (Income)	-1.07	-2.96	-5.25	-3.55	-3.01	-1.80	-1.17	-2.53	-0.88	-0.39
Total Other Income / (Expense), net	0.26	0.52	0.84	1.08	1.02	0.87	0.80	1.01	0.92	0.39
Other Income / (Expense), net	0.26	0.52	0.84	1.08	1.02	0.87	0.80	1.01	0.92	0.39
Income Tax Expense	8.38	7.79	7.35	7.42	4.65	4.13	3.40	3.10	1.44	1.49
Basic Earnings per Share	$0.32	$0.31	$0.28	$0.27	$0.17	$0.15	$0.12	$0.10	$0.05	$0.06
Weighted Average Basic Shares Outstanding	81.10M	81.15M	81.23M	81.30M	81.31M	81.32M	81.36M	81.41M	81.45M	81.46M
Diluted Earnings per Share	$0.32	$0.31	$0.28	$0.27	$0.17	$0.14	$0.12	$0.10	$0.05	$0.06
Weighted Average Diluted Shares Outstanding	81.10M	81.15M	81.23M	81.30M	81.31M	81.32M	81.36M	81.41M	81.45M	81.46M
Weighted Average Basic & Diluted Shares Outstanding	81.10M	81.15M	81.23M	81.30M	81.31M	81.32M	81.36M	81.41M	81.45M	81.46M
Cash Dividends to Common per Share	$0.06	$0.06	$0.06	$0.06	$0.06	$0.06	$0.06	$0.06	$0.06	$0.06

This table details how cash moves in and out of Marten Transport's business through operations, investing, and financing, using annual figures. All values are USD millions unless otherwise specified.

Metric	2014	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024
Net Change in Cash & Equivalents	-14	0.31	0.05	15	41	-25	35	-9.13	24	-27	-36
Net Cash From Operating Activities	82	129	134	122	154	156	190	171	219	164	135
Net Cash From Continuing Operating Activities	82	129	134	122	154	156	190	171	219	164	135
Net Income / (Loss) Continuing Operations	30	36	33	90	55	61	70	85	110	70	27
Consolidated Net Income / (Loss)	30	36	33	90	55	61	70	85	110	70	27
Depreciation Expense	68	75	82	85	89	95	103	103	111	117	112
Amortization Expense	-	-	-	-	6.98	6.86	6.58	6.43	6.60	7.17	6.89
Non-Cash Adjustments To Reconcile Net Income	-3.83	-7.99	-8.60	-6.57	-3.70	-6.71	-5.33	-14	-4.21	-11	-2.74
Changes in Operating Assets and Liabilities, net	-12	26	26	-47	7.31	0.10	16	-9.44	-4.27	-19	-7.91
Net Cash From Investing Activities	-119	-125	-97	-95	-105	-141	-106	-124	-135	-173	-152
Net Cash From Continuing Investing Activities	-119	-125	-97	-95	-105	-141	-106	-124	-135	-173	-152
Purchase of Property, Plant & Equipment	-163	-188	-162	-157	-169	-189	-173	-199	-177	-241	-233
Sale of Property, Plant & Equipment	44	63	65	61	64	48	67	76	42	68	81
Other Investing Activities, net	-0.04	-0.04	-0.04	-0.04	-0.02	-0.03	-0.04	-0.04	-0.04	-0.05	-0.05
Net Cash From Financing Activities	23	-3.28	-36	-11	-8.38	-41	-49	-57	-61	-19	-19
Net Cash From Continuing Financing Activities	23	-3.28	-36	-11	-8.38	-41	-49	-57	-61	-19	-19
Repurchase of Common Equity	0.00	-16	-7.51	0.00	-3.76	0.00	-0.60	0.00	-42	0.00	0.00
Payment of Dividends	-3.34	-3.34	-3.25	-4.36	-5.46	-42	-52	-55	-20	-20	-20
Issuance of Common Equity	1.21	3.49	4.42	1.09	0.94	1.62	4.79	0.88	2.00	1.21	1.30
Other Financing Activities, net	0.86	-0.75	-0.13	-0.10	-0.10	-0.78	-0.44	-2.74	-1.61	-0.93	-0.38
Cash Interest Paid	0.18	0.25	0.21	0.15	0.05	0.05	0.00	0.00	0.07	0.01	0.00
Cash Income Taxes Paid	27	2.12	0.03	14	9.53	4.95	18	22	24	37	19

This table details how cash moves in and out of Marten Transport's business through operations, investing, and financing, using quarterly figures. All values are USD millions unless otherwise specified.

Metric	Q3 2022	Q4 2022	Q1 2023	Q2 2023	Q3 2023	Q4 2023	Q1 2024	Q2 2024	Q3 2024	Q4 2024
Net Change in Cash & Equivalents	3.12	9.11	16	-16	-12	-15	21	3.47	-34	-26
Net Cash From Operating Activities	65	56	49	49	28	38	46	36	29	24
Net Cash From Continuing Operating Activities	65	56	49	49	28	38	46	36	29	24
Net Income / (Loss) Continuing Operations	26	26	23	22	14	12	9.65	7.89	3.75	5.63
Consolidated Net Income / (Loss)	26	26	23	22	14	12	9.65	7.89	3.75	5.63
Depreciation Expense	28	30	30	29	29	29	29	28	27	28
Amortization Expense	1.70	1.74	1.77	1.82	1.83	1.76	1.76	1.78	1.70	1.64
Non-Cash Adjustments To Reconcile Net Income	5.02	-1.46	-13	5.81	-11	7.44	1.99	-4.33	-0.46	0.07
Changes in Operating Assets and Liabilities, net	3.80	0.84	8.68	-9.96	-5.02	-12	3.80	2.28	-2.91	-11
Net Cash From Investing Activities	-57	-43	-28	-60	-36	-48	-20	-28	-59	-45
Net Cash From Continuing Investing Activities	-57	-43	-28	-60	-36	-48	-20	-28	-59	-45
Purchase of Property, Plant & Equipment	-62	-56	-44	-78	-53	-65	-30	-65	-79	-58
Sale of Property, Plant & Equipment	4.67	13	16	18	17	17	10	38	20	13
Net Cash From Financing Activities	-4.02	-4.62	-5.26	-4.37	-4.76	-4.83	-4.96	-4.58	-4.47	-4.63
Net Cash From Continuing Financing Activities	-4.02	-4.62	-5.26	-4.37	-4.76	-4.83	-4.96	-4.58	-4.47	-4.63
Payment of Dividends	-4.87	-4.85	-4.87	-4.88	-4.88	-4.88	-4.88	-4.88	-4.89	-4.89
Issuance of Common Equity	0.85	0.24	0.54	0.51	0.12	0.05	0.31	0.31	0.42	0.26
Cash Income Taxes Paid	7.37	7.24	0.02	6.79	13	18	0.00	2.36	6.31	10

This table presents Marten Transport's assets and liabilities at the end of each period, using annual balance sheet data. All values are USD millions unless otherwise specified.

Metric	2014	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024
Total Assets	576	632	654	690	754	797	832	871	966	990	969
Total Current Assets	107	100	93	117	164	154	176	187	236	197	139
Cash & Equivalents	0.12	0.43	0.49	16	57	31	66	57	81	53	17
Note & Lease Receivable	18	11	4.44	6.13	3.81	11	4.20	6.97	7.22	10	5.36
Accounts Receivable	72	71	69	75	83	91	83	99	121	106	90
Prepaid Expenses	17	18	19	20	20	21	22	24	27	28	26
Plant, Property, & Equipment, net	466	528	558	572	588	640	654	682	728	792	829
Plant, Property & Equipment, gross	-	-	-	-	816	904	930	956	1,075	1,162	1,199
Accumulated Depreciation	180	197	202	212	228	264	276	274	347	370	370
Total Noncurrent Assets	3.73	3.47	2.49	1.87	2.15	2.03	1.81	1.46	1.67	1.52	1.63
Other Noncurrent Operating Assets	3.73	3.47	2.49	1.87	2.15	2.03	1.81	1.46	1.67	1.52	1.63
Total Liabilities & Shareholders' Equity	576	632	654	690	754	797	832	871	966	990	969
Total Liabilities	189	222	216	165	178	199	211	219	262	233	201
Total Current Liabilities	45	50	61	64	72	76	90	94	124	110	94
Accounts Payable	17	12	14	16	16	23	26	20	37	37	26
Accrued Expenses	27	38	46	48	56	53	64	73	87	74	68
Total Noncurrent Liabilities	144	172	156	101	106	123	122	125	137	123	107
Noncurrent Deferred & Payable Income Tax Liabilities	120	134	148	101	106	122	121	125	137	122	107
Other Noncurrent Operating Liabilities	-	-	-	-	0.00	0.65	0.41	0.29	0.41	0.25	0.28
Commitments & Contingencies	-	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Total Equity & Noncontrolling Interests	388	409	437	526	576	598	620	652	704	757	768
Total Preferred & Common Equity	388	409	437	526	576	598	620	652	704	757	768
Preferred Stock	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Total Common Equity	388	409	437	526	576	598	620	652	704	757	768
Common Stock	88	77	75	77	77	80	86	87	48	51	54
Retained Earnings	300	333	363	449	499	517	534	565	656	707	714

This table presents Marten Transport's assets and liabilities at the end of each period, using quarterly balance sheet data. All values are USD millions unless otherwise specified.

Metric	Q3 2022	Q1 2023	Q2 2023	Q3 2023	Q1 2024	Q2 2024	Q3 2024
Total Assets	939	979	1,004	997	993	1,010	1,000
Total Current Assets	225	244	232	225	214	220	170
Cash & Equivalents	71	96	81	68	74	77	43
Note & Lease Receivable	4.44	7.99	11	12	10	11	6.89
Accounts Receivable	125	115	112	118	105	100	94
Prepaid Expenses	25	24	29	27	25	31	27
Plant, Property, & Equipment, net	712	734	771	771	777	789	828
Plant, Property & Equipment, gross	1,046	1,082	1,123	1,129	1,156	1,150	1,193
Accumulated Depreciation	335	349	352	358	378	361	365
Total Noncurrent Assets	1.42	1.64	1.61	1.62	1.50	1.52	1.71
Other Noncurrent Operating Assets	1.42	1.64	1.61	1.62	1.50	1.52	1.71
Total Liabilities & Shareholders' Equity	939	979	1,004	997	993	1,010	1,000
Total Liabilities	256	258	264	248	231	243	234
Total Current Liabilities	125	120	131	122	111	119	117
Accounts Payable	43	42	36	42	38	47	47
Accrued Expenses	82	78	95	80	74	72	69
Total Noncurrent Liabilities	131	138	133	126	119	124	117
Noncurrent Deferred & Payable Income Tax Liabilities	131	138	133	126	119	124	116
Other Noncurrent Operating Liabilities	0.21	0.34	0.31	0.32	0.20	0.22	0.35
Total Equity & Noncontrolling Interests	682	722	740	749	762	767	766
Total Preferred & Common Equity	682	722	740	749	762	767	766
Preferred Stock	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Total Common Equity	682	722	740	749	762	767	766
Common Stock	47	48	49	50	51	52	53
Retained Earnings	635	674	691	699	712	715	713

This table displays calculated financial ratios and metrics derived from Marten Transport's official financial filings.

Metric	2014	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024
Growth Metrics	-	-	-	-	-	-	-	-	-	-	-
Revenue Growth	2.08%	-1.18%	0.92%	4.02%	12.82%	7.07%	3.69%	11.35%	29.81%	-10.48%	-14.83%
EBITDA Growth	2.61%	13.42%	2.57%	1.49%	17.66%	7.86%	12.89%	8.81%	18.60%	-16.80%	-28.89%
EBIT Growth	-1.36%	17.45%	-5.97%	-1.04%	25.78%	9.38%	20.21%	19.65%	29.03%	-34.86%	-61.30%
NOPAT Growth	-43.36%	22.12%	-4.93%	165.89%	-40.05%	10.34%	15.40%	23.06%	28.49%	-38.46%	-63.56%
Net Income Growth	-1.04%	19.81%	-6.38%	169.79%	-39.05%	10.98%	13.80%	22.92%	29.18%	-36.23%	-61.74%
EPS Growth	-1.11%	19.81%	-6.38%	170.49%	-39.05%	10.98%	13.51%	21.43%	32.35%	-36.30%	-61.63%
Operating Cash Flow Growth	-8.09%	56.97%	3.99%	-8.91%	26.52%	1.46%	21.18%	-9.70%	28.20%	-25.11%	-17.99%
Free Cash Flow Firm Growth	-198.82%	103.45%	2,723.07%	-28.57%	73.59%	-70.68%	516.11%	-44.76%	80.51%	-116.44%	-64.07%
Invested Capital Growth	19.30%	8.41%	-0.47%	14.61%	1.86%	9.04%	-2.11%	7.30%	4.82%	12.97%	6.60%
Revenue Q/Q Growth	1.10%	-0.71%	0.58%	1.47%	2.76%	1.59%	1.17%	4.23%	4.61%	-4.58%	-3.77%
EBITDA Q/Q Growth	4.15%	0.73%	0.33%	0.10%	8.88%	5.07%	3.81%	2.37%	2.52%	-7.49%	-6.48%
EBIT Q/Q Growth	6.92%	-1.80%	-1.59%	0.24%	8.47%	-0.92%	7.51%	4.80%	1.84%	-15.16%	-20.56%
NOPAT Q/Q Growth	-37.74%	-0.56%	-1.04%	167.82%	-47.51%	-0.03%	6.19%	6.38%	0.37%	-16.52%	-20.72%
Net Income Q/Q Growth	5.92%	-0.50%	-1.43%	169.40%	-47.27%	0.02%	12.46%	1.52%	0.72%	-15.71%	-20.08%
EPS Q/Q Growth	5.95%	-0.50%	-1.43%	170.49%	-47.27%	0.02%	12.00%	0.99%	0.00%	-16.50%	-19.51%
Operating Cash Flow Q/Q Growth	0.31%	2.93%	1.74%	-1.90%	10.73%	-4.67%	0.24%	5.16%	6.28%	-9.98%	-9.56%
Free Cash Flow Firm Q/Q Growth	-602.25%	152.99%	-9.17%	139.01%	26.24%	-71.38%	58.52%	-1.76%	-9.25%	-226.56%	-96.30%
Invested Capital Q/Q Growth	2.05%	0.98%	1.75%	10.77%	-1.73%	4.38%	-0.40%	0.63%	2.03%	3.36%	3.76%
Profitability Metrics	-	-	-	-	-	-	-	-	-	-	-
Gross Margin	31.58%	35.03%	35.99%	50.66%	49.64%	48.64%	47.99%	47.50%	49.35%	48.90%	46.99%
EBITDA Margin	17.82%	20.45%	20.79%	20.28%	21.15%	21.31%	23.20%	22.67%	20.71%	19.25%	16.07%
Operating Margin	7.58%	9.18%	8.69%	8.15%	8.93%	9.07%	10.66%	11.47%	11.34%	7.96%	3.45%
EBIT Margin	7.68%	9.13%	8.50%	8.09%	9.02%	9.21%	10.68%	11.48%	11.41%	8.30%	3.77%
Profit (Net Income) Margin	4.43%	5.38%	4.99%	12.93%	6.99%	7.24%	7.95%	8.77%	8.73%	6.22%	2.79%
Tax Burden Percent	57.74%	58.90%	58.64%	159.87%	77.47%	78.61%	74.42%	76.46%	76.54%	74.93%	74.07%
Interest Burden Percent	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%
Effective Tax Rate	42.26%	41.10%	41.36%	-59.87%	22.53%	21.39%	25.58%	23.54%	23.46%	25.07%	25.93%
Return on Invested Capital (ROIC)	7.77%	8.37%	7.67%	19.05%	10.59%	11.08%	12.39%	14.87%	18.02%	10.17%	3.38%
ROIC Less NNEP Spread (ROIC-NNEP)	15.04%	7.66%	4.43%	33.87%	9.14%	8.96%	12.17%	14.81%	17.10%	5.91%	-3.19%
Return on Net Nonoperating Assets (RNNOA)	0.21%	0.59%	0.23%	-0.30%	-0.60%	-0.67%	-0.98%	-1.43%	-1.74%	-0.54%	0.15%
Return on Equity (ROE)	7.99%	8.97%	7.90%	18.75%	9.99%	10.41%	11.41%	13.43%	16.28%	9.63%	3.53%
Cash Return on Invested Capital (CROIC)	-9.83%	0.30%	8.14%	5.43%	8.75%	2.43%	14.52%	7.82%	13.31%	-2.01%	-3.01%
Operating Return on Assets (OROA)	9.38%	10.05%	8.88%	8.40%	9.84%	10.02%	11.47%	13.13%	15.70%	9.60%	3.71%
Return on Assets (ROA)	5.41%	5.92%	5.21%	13.43%	7.62%	7.88%	8.54%	10.04%	12.02%	7.20%	2.75%
Return on Common Equity (ROCE)	7.99%	8.97%	7.90%	18.75%	9.99%	10.41%	11.41%	13.43%	16.28%	9.63%	3.53%
Return on Equity Simple (ROE_SIMPLE)	7.69%	8.73%	7.65%	17.18%	9.55%	10.22%	11.20%	13.11%	15.68%	9.29%	3.51%
Net Operating Profit after Tax (NOPAT)	29	36	34	91	54	60	69	85	110	68	25
NOPAT Margin	4.38%	5.41%	5.09%	13.02%	6.92%	7.13%	7.94%	8.77%	8.68%	5.97%	2.55%
Net Nonoperating Expense Percent (NNEP)	-7.27%	0.71%	3.24%	-14.82%	1.45%	2.12%	0.21%	0.05%	0.92%	4.26%	6.57%
Return On Investment Capital (ROIC_SIMPLE)	-	-	-	-	-	-	-	-	15.59%	8.92%	3.20%
Cost of Revenue to Revenue	68.42%	64.97%	64.01%	49.34%	50.36%	51.36%	52.01%	52.50%	50.65%	51.10%	53.01%
SG&A Expenses to Revenue	2.38%	2.84%	2.94%	7.90%	7.70%	7.27%	7.91%	7.07%	7.01%	8.05%	8.63%
R&D to Revenue	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Operating Expenses to Revenue	24.00%	25.84%	27.30%	42.52%	40.70%	39.57%	37.33%	36.03%	38.01%	40.94%	43.54%
Earnings before Interest and Taxes (EBIT)	52	61	57	56	71	78	93	112	144	94	36
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)	120	136	140	142	167	180	203	221	262	218	155
Valuation Ratios	-	-	-	-	-	-	-	-	-	-	-
Price to Book Value (P/BV)	0.00	1.23	1.48	1.81	1.32	1.76	2.13	2.12	2.22	2.22	1.66
Price to Tangible Book Value (P/TBV)	0.00	1.23	1.48	1.81	1.32	1.76	2.13	2.12	2.22	2.22	1.66
Price to Revenue (P/Rev)	0.00	0.76	0.97	1.36	0.96	1.25	1.51	1.42	1.24	1.49	1.32
Price to Earnings (P/E)	0.00	14.14	19.35	10.51	13.80	17.25	19.06	16.16	14.17	23.91	47.23
Dividend Yield	0.54%	0.67%	0.50%	0.46%	0.72%	0.62%	0.83%	3.73%	1.24%	1.16%	1.54%
Earnings Yield	0.00%	7.07%	5.17%	9.52%	7.25%	5.80%	5.25%	6.19%	7.06%	4.18%	2.12%
Enterprise Value to Invested Capital (EV/IC)	0.00	1.22	1.47	1.83	1.35	1.80	2.27	2.22	2.38	2.31	1.67
Enterprise Value to Revenue (EV/Rev)	0.00	0.82	0.98	1.34	0.89	1.21	1.44	1.36	1.17	1.44	1.30
Enterprise Value to EBITDA (EV/EBITDA)	0.00	3.99	4.70	6.59	4.22	5.69	6.20	5.99	5.67	7.48	8.10
Enterprise Value to EBIT (EV/EBIT)	0.00	8.95	11.48	16.52	9.89	13.15	13.47	11.84	10.29	17.35	34.51
Enterprise Value to NOPAT (EV/NOPAT)	0.00	15.10	19.16	10.26	12.89	16.99	18.13	15.49	13.52	24.14	50.97
Enterprise Value to Operating Cash Flow (EV/OCF)	0.00	4.22	4.90	7.66	4.56	6.53	6.64	7.73	6.76	9.91	9.30
Enterprise Value to Free Cash Flow (EV/FCFF)	0.00	422.15	18.04	35.98	15.61	77.41	15.47	29.46	18.30	0.00	0.00
Leverage & Solvency	-	-	-	-	-	-	-	-	-	-	-
Debt to Equity	0.06	0.09	0.02	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Long-Term Debt to Equity	0.06	0.09	0.02	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Financial Leverage	0.01	0.08	0.05	-0.01	-0.07	-0.08	-0.08	-0.10	-0.10	-0.09	-0.05
Leverage Ratio	1.48	1.52	1.52	1.40	1.31	1.32	1.34	1.34	1.35	1.34	1.28
Compound Leverage Factor	1.48	1.52	1.52	1.40	1.31	1.32	1.34	1.34	1.35	1.34	1.28
Debt to Total Capital	5.91%	8.47%	1.77%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Short-Term Debt to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Long-Term Debt to Total Capital	5.91%	8.47%	1.77%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Preferred Equity to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Noncontrolling Interests to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Common Equity to Total Capital	94.09%	91.53%	98.23%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%
Debt to EBITDA	0.20	0.28	0.06	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Net Debt to EBITDA	0.20	0.28	0.05	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Long-Term Debt to EBITDA	0.20	0.28	0.06	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Debt to NOPAT	0.83	1.05	0.23	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Net Debt to NOPAT	0.82	1.04	0.22	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Long-Term Debt to NOPAT	0.83	1.05	0.23	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Altman Z-Score	0.00	3.57	3.95	5.73	4.99	5.58	6.21	6.36	6.48	6.89	6.00
Noncontrolling Interest Sharing Ratio	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Liquidity Ratios	-	-	-	-	-	-	-	-	-	-	-
Current Ratio	2.40	2.01	1.54	1.81	2.27	2.02	1.96	2.00	1.90	1.78	1.48
Quick Ratio	2.02	1.64	1.22	1.51	2.00	1.75	1.71	1.74	1.68	1.53	1.20
Cash Flow Metrics	-	-	-	-	-	-	-	-	-	-	-
Free Cash Flow to Firm (FCFF)	-37	1.29	36	26	45	13	81	45	81	-13	-22
Operating Cash Flow to CapEx	69.13%	102.90%	137.59%	127.92%	147.09%	110.45%	178.38%	138.41%	162.68%	95.29%	88.64%
Free Cash Flow to Firm to Interest Expense	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Operating Cash Flow to Interest Expense	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Operating Cash Flow Less CapEx to Interest Expense	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Efficiency Ratios	-	-	-	-	-	-	-	-	-	-	-
Asset Turnover	1.22	1.10	1.04	1.04	1.09	1.09	1.07	1.14	1.38	1.16	0.98
Accounts Receivable Turnover	9.40	9.31	9.60	9.69	9.97	9.71	10.04	10.67	11.51	10.00	9.86
Inventory Turnover	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Fixed Asset Turnover	1.53	1.34	1.24	1.24	1.36	1.37	1.35	1.46	1.79	1.49	1.19
Accounts Payable Turnover	25.27	29.72	32.55	22.32	24.65	22.43	18.71	22.30	22.28	15.66	16.40
Days Sales Outstanding (DSO)	38.82	39.21	38.01	37.67	36.59	37.60	36.35	34.19	31.72	36.49	37.02
Days Inventory Outstanding (DIO)	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Days Payable Outstanding (DPO)	14.44	12.28	11.21	16.36	14.81	16.27	19.51	16.37	16.38	23.30	22.25
Cash Conversion Cycle (CCC)	24.37	26.93	26.80	21.31	21.79	21.33	16.84	17.82	15.35	13.19	14.77
Capital & Investment Metrics	-	-	-	-	-	-	-	-	-	-	-
Invested Capital	412	447	445	510	519	566	554	595	623	704	751
Invested Capital Turnover	1.78	1.55	1.51	1.46	1.53	1.55	1.56	1.69	2.08	1.70	1.32
Increase / (Decrease) in Invested Capital	67	35	-2.12	65	9.48	47	-12	40	29	81	46
Enterprise Value (EV)	0.00	543	655	933	703	1,022	1,258	1,323	1,484	1,630	1,254
Market Capitalization	0.00	505	648	949	759	1,053	1,324	1,380	1,564	1,683	1,271
Book Value per Share	$11.62	$12.18	$13.43	$9.64	$10.58	$10.93	$7.50	$7.86	$8.68	$9.31	$9.43
Tangible Book Value per Share	$11.62	$12.18	$13.43	$9.64	$10.58	$10.93	$7.50	$7.86	$8.68	$9.31	$9.43
Total Capital	412	447	445	526	576	598	620	652	704	757	768
Total Debt	24	38	7.89	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Total Long-Term Debt	24	38	7.89	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Net Debt	24	37	7.40	-16	-57	-31	-66	-57	-81	-53	-17
Capital Expenditures (CapEx)	119	125	97	95	105	142	106	124	135	172	152
Debt-free, Cash-free Net Working Capital (DFCFNWC)	62	50	32	37	35	46	20	36	31	33	28
Debt-free Net Working Capital (DFNWC)	62	50	33	52	92	78	86	93	112	86	45
Net Working Capital (NWC)	62	50	33	52	92	78	86	93	112	86	45
Net Nonoperating Expense (NNE)	-0.39	0.22	0.73	0.62	-0.53	-0.94	-0.10	-0.03	-0.63	-2.85	-2.32
Net Nonoperating Obligations (NNO)	24	37	7.40	-16	-57	-31	-66	-57	-81	-53	-17
Total Depreciation and Amortization (D&A)	68	75	82	85	96	102	109	109	118	124	119
Debt-free, Cash-free Net Working Capital to Revenue	9.26%	7.48%	4.81%	5.24%	4.42%	5.50%	2.26%	3.74%	2.45%	2.93%	2.88%
Debt-free Net Working Capital to Revenue	9.28%	7.55%	4.88%	7.50%	11.62%	9.23%	9.82%	9.59%	8.82%	7.63%	4.67%
Net Working Capital to Revenue	9.28%	7.55%	4.88%	7.50%	11.62%	9.23%	9.82%	9.59%	8.82%	7.63%	4.67%
Earnings Adjustments	-	-	-	-	-	-	-	-	-	-	-
Adjusted Basic Earnings per Share	$0.36	$0.43	$0.41	$1.11	$0.67	$0.75	$0.84	$1.03	$1.35	$0.87	$0.33
Adjusted Weighted Average Basic Shares Outstanding	83.62M	80.98M	81.62M	81.85M	81.70M	82.15M	82.71M	83.04M	81.15M	81.32M	81.46M
Adjusted Diluted Earnings per Share	$0.36	$0.42	$0.41	$1.10	$0.67	$0.74	$0.84	$1.02	$1.35	$0.86	$0.33
Adjusted Weighted Average Diluted Shares Outstanding	83.62M	80.98M	81.62M	81.85M	81.70M	82.15M	82.71M	83.04M	81.15M	81.32M	81.46M
Adjusted Basic & Diluted Earnings per Share	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding	83.62M	80.98M	81.62M	81.85M	81.70M	82.15M	82.71M	83.04M	81.15M	81.32M	81.46M
Normalized Net Operating Profit after Tax (NOPAT)	29	36	34	36	49	53	62	73	99	57	21
Normalized NOPAT Margin	4.38%	5.41%	5.09%	5.15%	6.21%	6.32%	7.05%	7.49%	7.87%	5.07%	2.17%
Pre Tax Income Margin	7.68%	9.13%	8.50%	8.09%	9.02%	9.21%	10.68%	11.48%	11.41%	8.30%	3.77%
Debt Service Ratios	-	-	-	-	-	-	-	-	-	-	-
EBIT to Interest Expense	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
NOPAT to Interest Expense	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
EBIT Less CapEx to Interest Expense	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
NOPAT Less CapEx to Interest Expense	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Payout Ratios	-	-	-	-	-	-	-	-	-	-	-
Dividend Payout Ratio	11.19%	9.35%	9.72%	4.83%	9.92%	68.92%	75.35%	64.07%	17.73%	27.72%	72.58%
Augmented Payout Ratio	11.19%	54.60%	32.17%	4.83%	16.75%	68.92%	76.21%	64.07%	55.56%	27.72%	72.58%

This table displays calculated financial ratios and metrics derived from Marten Transport's official financial filings.

Metric	Q3 2022	Q4 2022	Q1 2023	Q2 2023	Q3 2023	Q4 2023	Q1 2024	Q2 2024	Q3 2024	Q4 2024
Growth Metrics	-	-	-	-	-	-	-	-	-	-
Revenue Growth	29.12%	20.87%	3.74%	-13.32%	-13.84%	-16.85%	-16.22%	-13.80%	-15.09%	-14.09%
EBITDA Growth	15.58%	11.06%	-3.81%	-12.82%	-23.42%	-27.28%	-29.13%	-32.31%	-30.16%	-22.84%
EBIT Growth	19.39%	8.50%	-16.76%	-28.51%	-46.38%	-50.38%	-56.30%	-62.49%	-71.55%	-56.91%
NOPAT Growth	19.65%	1.61%	-20.57%	-33.39%	-49.54%	-53.23%	-58.58%	-66.01%	-75.96%	-54.70%
Net Income Growth	20.55%	3.17%	-18.27%	-30.91%	-46.98%	-51.40%	-57.13%	-63.93%	-72.39%	-54.57%
EPS Growth	23.08%	3.33%	-15.15%	-30.77%	-46.88%	-54.84%	-57.14%	-62.96%	-70.59%	-57.14%
Operating Cash Flow Growth	44.92%	29.96%	23.26%	-16.62%	-56.42%	-32.39%	-7.13%	-26.85%	4.78%	-37.46%
Free Cash Flow Firm Growth	141.25%	77.65%	-154.10%	-463.82%	-1,149.73%	-1,862.48%	-157.64%	50.90%	32.02%	40.44%
Invested Capital Growth	3.38%	4.82%	7.38%	11.44%	11.51%	12.97%	10.15%	4.56%	6.19%	6.60%
Revenue Q/Q Growth	-1.55%	-0.57%	-7.61%	-4.14%	-2.15%	-4.05%	-6.92%	-1.38%	-3.60%	-2.92%
EBITDA Q/Q Growth	-7.67%	0.87%	-5.45%	-1.00%	-18.90%	-4.21%	-7.85%	-5.45%	-16.32%	5.84%
EBIT Q/Q Growth	-16.95%	-2.14%	-10.36%	-1.89%	-37.70%	-9.44%	-21.05%	-15.78%	-52.76%	37.18%
NOPAT Q/Q Growth	-19.56%	-1.30%	-12.94%	-3.64%	-39.06%	-8.51%	-22.90%	-20.94%	-56.89%	72.37%
Net Income Q/Q Growth	-19.00%	-0.51%	-11.81%	-2.79%	-37.83%	-8.82%	-22.20%	-18.21%	-52.41%	50.05%
EPS Q/Q Growth	-17.95%	-3.13%	-9.68%	-3.57%	-37.04%	-17.65%	-14.29%	-16.67%	-50.00%	20.00%
Operating Cash Flow Q/Q Growth	9.91%	-12.83%	-12.50%	-0.53%	-42.55%	35.24%	20.18%	-21.65%	-17.71%	-19.29%
Free Cash Flow Firm Q/Q Growth	-57.27%	-164.28%	-499.83%	-120.81%	-23.30%	-20.17%	21.25%	57.92%	-70.71%	-5.29%
Invested Capital Q/Q Growth	3.24%	2.03%	0.31%	5.48%	3.31%	3.36%	-2.20%	0.12%	4.92%	3.76%
Profitability Metrics	-	-	-	-	-	-	-	-	-	-
Gross Margin	49.40%	48.75%	48.79%	49.37%	31.68%	66.48%	47.70%	47.31%	45.95%	46.95%
EBITDA Margin	19.76%	20.05%	20.52%	21.19%	17.56%	17.53%	17.36%	16.64%	14.44%	15.75%
Operating Margin	10.41%	10.16%	9.73%	9.88%	6.16%	5.84%	4.91%	4.05%	1.80%	2.92%
EBIT Margin	10.49%	10.32%	10.02%	10.25%	6.53%	6.16%	5.23%	4.46%	2.19%	3.09%
Profit (Net Income) Margin	7.90%	7.91%	7.55%	7.66%	4.86%	4.62%	3.86%	3.20%	1.58%	2.44%
Tax Burden Percent	75.36%	76.61%	75.37%	74.68%	74.52%	75.03%	73.94%	71.80%	72.32%	79.10%
Interest Burden Percent	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%
Effective Tax Rate	24.64%	23.39%	24.63%	25.32%	25.48%	24.97%	26.06%	28.20%	27.68%	20.90%
Return on Invested Capital (ROIC)	15.77%	16.16%	15.49%	14.51%	8.43%	7.47%	5.98%	4.50%	1.85%	3.06%
ROIC Less NNEP Spread (ROIC-NNEP)	15.41%	15.58%	14.71%	13.43%	7.34%	6.49%	5.29%	3.58%	0.65%	2.18%
Return on Net Nonoperating Assets (RNNOA)	-1.30%	-1.58%	-1.75%	-1.43%	-0.72%	-0.59%	-0.61%	-0.37%	-0.05%	-0.10%
Return on Equity (ROE)	14.47%	14.58%	13.74%	13.08%	7.71%	6.87%	5.38%	4.13%	1.81%	2.96%
Cash Return on Invested Capital (CROIC)	14.87%	13.31%	10.11%	4.12%	1.63%	-2.01%	-1.33%	1.59%	-1.59%	-3.01%
Operating Return on Assets (OROA)	13.76%	14.21%	13.70%	13.11%	8.00%	7.13%	5.74%	4.62%	2.19%	3.04%
Return on Assets (ROA)	10.37%	10.89%	10.32%	9.79%	5.96%	5.35%	4.24%	3.32%	1.59%	2.41%
Return on Common Equity (ROCE)	14.47%	14.58%	13.74%	13.08%	7.71%	6.87%	5.38%	4.13%	1.81%	2.96%
Return on Equity Simple (ROE_SIMPLE)	16.06%	0.00%	14.60%	12.91%	11.14%	0.00%	7.54%	5.68%	4.40%	0.00%
Net Operating Profit after Tax (NOPAT)	25	25	22	21	13	12	9.06	7.16	3.09	5.32
NOPAT Margin	7.84%	7.79%	7.34%	7.38%	4.59%	4.38%	3.63%	2.91%	1.30%	2.31%
Net Nonoperating Expense Percent (NNEP)	0.36%	0.58%	0.78%	1.08%	1.09%	0.97%	0.69%	0.92%	1.20%	0.88%
Return On Investment Capital (ROIC_SIMPLE)	-	3.57%	-	-	-	1.55%	-	-	-	0.69%
Cost of Revenue to Revenue	50.60%	51.25%	51.21%	50.63%	68.32%	33.52%	52.30%	52.69%	54.05%	53.05%
SG&A Expenses to Revenue	6.83%	6.76%	8.06%	7.72%	7.88%	8.55%	7.58%	8.41%	9.00%	9.60%
R&D to Revenue	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Operating Expenses to Revenue	38.99%	38.59%	39.06%	39.50%	25.51%	60.64%	42.79%	43.25%	44.15%	44.03%
Earnings before Interest and Taxes (EBIT)	34	33	30	29	18	17	13	11	5.19	7.12
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)	64	65	61	61	49	47	43	41	34	36
Valuation Ratios	-	-	-	-	-	-	-	-	-	-
Price to Book Value (P/BV)	2.23	2.22	2.32	2.33	2.11	2.22	1.96	1.96	1.88	1.66
Price to Tangible Book Value (P/TBV)	2.23	2.22	2.32	2.33	2.11	2.22	1.96	1.96	1.88	1.66
Price to Revenue (P/Rev)	1.26	1.24	1.31	1.40	1.33	1.49	1.38	1.44	1.44	1.32
Price to Earnings (P/E)	13.87	14.17	15.90	18.05	18.94	23.91	26.04	34.48	42.78	47.23
Dividend Yield	1.17%	1.24%	1.16%	1.13%	1.23%	1.16%	1.30%	1.30%	1.36%	1.54%
Earnings Yield	7.21%	7.06%	6.29%	5.54%	5.28%	4.18%	3.84%	2.90%	2.34%	2.12%
Enterprise Value to Invested Capital (EV/IC)	2.37	2.38	2.52	2.49	2.22	2.31	2.07	2.07	1.93	1.67
Enterprise Value to Revenue (EV/Rev)	1.20	1.17	1.24	1.34	1.28	1.44	1.31	1.36	1.40	1.30
Enterprise Value to EBITDA (EV/EBITDA)	5.67	5.67	6.08	6.56	6.43	7.48	7.12	7.89	8.44	8.10
Enterprise Value to EBIT (EV/EBIT)	10.23	10.29	11.42	13.00	13.67	17.35	18.46	24.21	30.56	34.51
Enterprise Value to NOPAT (EV/NOPAT)	13.25	13.52	15.16	17.59	18.71	24.14	26.02	34.90	45.04	50.97
Enterprise Value to Operating Cash Flow (EV/OCF)	7.01	6.76	6.90	7.51	8.29	9.91	8.85	9.64	9.38	9.30
Enterprise Value to Free Cash Flow (EV/FCFF)	16.21	18.30	25.84	63.77	143.66	0.00	0.00	132.65	0.00	0.00
Leverage & Solvency	-	-	-	-	-	-	-	-	-	-
Debt to Equity	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Long-Term Debt to Equity	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Financial Leverage	-0.08	-0.10	-0.12	-0.11	-0.10	-0.09	-0.11	-0.10	-0.07	-0.05
Leverage Ratio	1.40	1.35	1.36	1.38	1.35	1.34	1.33	1.34	1.32	1.28
Compound Leverage Factor	1.40	1.35	1.36	1.38	1.35	1.34	1.33	1.34	1.32	1.28
Debt to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Short-Term Debt to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Long-Term Debt to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Preferred Equity to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Noncontrolling Interests to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Common Equity to Total Capital	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%
Debt to EBITDA	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Net Debt to EBITDA	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Long-Term Debt to EBITDA	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Debt to NOPAT	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Net Debt to NOPAT	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Long-Term Debt to NOPAT	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Altman Z-Score	6.04	6.10	6.41	6.32	6.18	6.64	6.16	5.88	5.78	5.91
Noncontrolling Interest Sharing Ratio	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Liquidity Ratios	-	-	-	-	-	-	-	-	-	-
Current Ratio	1.80	1.90	2.04	1.77	1.85	1.78	1.92	1.85	1.46	1.48
Quick Ratio	1.60	1.68	1.84	1.55	1.62	1.53	1.70	1.59	1.23	1.20
Cash Flow Metrics	-	-	-	-	-	-	-	-	-	-
Free Cash Flow to Firm (FCFF)	5.48	-3.52	-21	-47	-58	-69	-54	-23	-39	-41
Operating Cash Flow to CapEx	112.43%	132.26%	174.37%	81.13%	78.51%	79.15%	226.35%	128.96%	49.78%	53.00%
Free Cash Flow to Firm to Interest Expense	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Operating Cash Flow to Interest Expense	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Operating Cash Flow Less CapEx to Interest Expense	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Efficiency Ratios	-	-	-	-	-	-	-	-	-	-
Asset Turnover	1.31	1.38	1.37	1.28	1.23	1.16	1.10	1.04	1.00	0.98
Accounts Receivable Turnover	10.77	11.51	10.52	9.85	9.78	10.00	9.82	9.87	9.48	9.86
Inventory Turnover	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Fixed Asset Turnover	1.72	1.79	1.82	1.69	1.60	1.49	1.43	1.34	1.25	1.19
Accounts Payable Turnover	14.36	22.28	24.45	19.99	20.47	15.66	14.03	12.99	10.71	16.40
Days Sales Outstanding (DSO)	33.88	31.72	34.68	37.07	37.31	36.49	37.18	36.98	38.52	37.02
Days Inventory Outstanding (DIO)	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Days Payable Outstanding (DPO)	25.41	16.38	14.93	18.26	17.84	23.30	26.02	28.10	34.06	22.25
Cash Conversion Cycle (CCC)	8.46	15.35	19.76	18.81	19.47	13.19	11.16	8.89	4.45	14.77
Capital & Investment Metrics	-	-	-	-	-	-	-	-	-	-
Invested Capital	611	623	625	659	681	704	689	690	723	751
Invested Capital Turnover	2.01	2.08	2.11	1.97	1.84	1.70	1.65	1.55	1.43	1.32
Increase / (Decrease) in Invested Capital	20	29	43	68	70	81	63	30	42	46
Enterprise Value (EV)	1,448	1,484	1,578	1,644	1,513	1,630	1,424	1,424	1,398	1,254
Market Capitalization	1,520	1,564	1,674	1,725	1,582	1,683	1,497	1,501	1,441	1,271
Book Value per Share	$8.42	$8.68	$8.89	$9.11	$9.22	$9.31	$9.37	$9.42	$9.41	$9.43
Tangible Book Value per Share	$8.42	$8.68	$8.89	$9.11	$9.22	$9.31	$9.37	$9.42	$9.41	$9.43
Total Capital	682	704	722	740	749	757	762	767	766	768
Total Debt	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Total Long-Term Debt	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Net Debt	-71	-81	-96	-81	-68	-53	-74	-77	-43	-17
Capital Expenditures (CapEx)	57	43	28	60	36	48	20	28	59	45
Debt-free, Cash-free Net Working Capital (DFCFNWC)	28	31	28	20	35	33	29	23	11	28
Debt-free Net Working Capital (DFNWC)	100	112	124	101	103	86	103	101	54	45
Net Working Capital (NWC)	100	112	124	101	103	86	103	101	54	45
Net Nonoperating Expense (NNE)	-0.20	-0.40	-0.64	-0.80	-0.76	-0.65	-0.59	-0.73	-0.67	-0.31
Net Nonoperating Obligations (NNO)	-71	-81	-96	-81	-68	-53	-74	-77	-43	-17
Total Depreciation and Amortization (D&A)	30	31	31	31	31	31	30	30	29	29
Debt-free, Cash-free Net Working Capital to Revenue	2.35%	2.45%	2.20%	1.66%	2.94%	2.93%	2.66%	2.24%	1.05%	2.88%
Debt-free Net Working Capital to Revenue	8.26%	8.82%	9.75%	8.20%	8.68%	7.63%	9.47%	9.64%	5.34%	4.67%
Net Working Capital to Revenue	8.26%	8.82%	9.75%	8.20%	8.68%	7.63%	9.47%	9.64%	5.34%	4.67%
Earnings Adjustments	-	-	-	-	-	-	-	-	-	-
Adjusted Basic Earnings per Share	$0.32	$0.31	$0.28	$0.27	$0.17	$0.15	$0.12	$0.10	$0.05	$0.06
Adjusted Weighted Average Basic Shares Outstanding	81.10M	81.15M	81.23M	81.30M	81.31M	81.32M	81.36M	81.41M	81.45M	81.46M
Adjusted Diluted Earnings per Share	$0.32	$0.31	$0.28	$0.27	$0.17	$0.14	$0.12	$0.10	$0.05	$0.06
Adjusted Weighted Average Diluted Shares Outstanding	81.10M	81.15M	81.23M	81.30M	81.31M	81.32M	81.36M	81.41M	81.45M	81.46M
Adjusted Basic & Diluted Earnings per Share	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding	81.10M	81.15M	81.23M	81.30M	81.31M	81.32M	81.36M	81.41M	81.45M	81.46M
Normalized Net Operating Profit after Tax (NOPAT)	25	23	18	18	11	10	8.19	5.34	2.45	5.02
Normalized NOPAT Margin	7.59%	7.08%	6.01%	6.45%	3.79%	3.88%	3.28%	2.17%	1.03%	2.18%
Pre Tax Income Margin	10.49%	10.32%	10.02%	10.25%	6.53%	6.16%	5.23%	4.46%	2.19%	3.09%
Debt Service Ratios	-	-	-	-	-	-	-	-	-	-
EBIT to Interest Expense	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
NOPAT to Interest Expense	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
EBIT Less CapEx to Interest Expense	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
NOPAT Less CapEx to Interest Expense	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Payout Ratios	-	-	-	-	-	-	-	-	-	-
Dividend Payout Ratio	57.33%	17.73%	18.48%	20.38%	23.34%	27.72%	33.93%	44.85%	57.97%	72.58%
Augmented Payout Ratio	95.44%	55.56%	18.48%	20.38%	23.34%	27.72%	33.93%	44.85%	57.97%	72.58%

Frequently Asked Questions About Marten Transport's Financials

When does Marten Transport's fiscal year end?

According to the most recent income statement we have on file, Marten Transport's financial year ends in December. Their financial year 2024 ended on December 31, 2024.

How has Marten Transport's net income changed over the last 10 years?

Marten Transport's net income appears to be on an upward trend, with a most recent value of $26.92 million in 2024, falling from $29.83 million in 2014. The previous period was $70.37 million in 2023.

What is Marten Transport's operating income?

Marten Transport's total operating income in 2024 was $33.22 million, based on the following breakdown:

Total Gross Profit: $452.83 million
Total Operating Expenses: $419.61 million

How has Marten Transport revenue changed over the last 10 years?

Over the last 10 years, Marten Transport's total revenue changed from $672.93 million in 2014 to $963.71 million in 2024, a change of 43.2%.

How much debt does Marten Transport have?

Marten Transport's total liabilities were at $200.84 million at the end of 2024, a 13.8% decrease from 2023, and a 6.5% increase since 2014.

How much cash does Marten Transport have?

In the past 10 years, Marten Transport's cash and equivalents has ranged from $123 thousand in 2014 to $80.60 million in 2022, and is currently $17.27 million as of their latest financial filing in 2024.

How has Marten Transport's book value per share changed over the last 10 years?

Over the last 10 years, Marten Transport's book value per share changed from 11.62 in 2014 to 9.43 in 2024, a change of -18.9%.

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This page (NASDAQ:MRTN) was last updated on 4/15/2025 by MarketBeat.com Staff

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Marten Transport (MRTN) Financials

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Marten Transport (MRTN) Financials

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