For the twelve months ended Jun 30, 2026, Marten Transport Ltd. reported $857.65M of revenue and $12.64M of net income.
MRTN revenue was $223.54M in fiscal Q2 2026 (ended Jun 30, 2026), down 2.8% from a year earlier and up 9.8% from the prior quarter. For the full fiscal 2025 it was $883.65M, down 8.3% from fiscal 2024. Compound annual growth was +0.2% over 5 years and +2.9% over 10 years. It rose in 7 of the last 10 fiscal years.
MRTN net income was $5.34M in fiscal Q2 2026 (ended Jun 30, 2026), down 25.7% from a year earlier and up 286.3% from the prior quarter. For the full fiscal 2025 it was $17.44M, down 35.2% from fiscal 2024. Compound annual growth was -24.2% over 5 years and -6.9% over 10 years. It rose in 5 of the last 10 fiscal years.
MRTN diluted EPS was $0.07 in fiscal Q2 2026 (ended Jun 30, 2026), down 22.2% from a year earlier and up 250.0% from the prior quarter. For the full fiscal 2025 it was $0.21, down 36.4% from fiscal 2024. Compound annual growth was -24.2% over 5 years and -6.8% over 10 years.
| Line item | Dec 31, 2025 | Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | Dec 31, 2018 | Dec 31, 2017 | Dec 31, 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $883.65M | $963.71M | $1.13B | $1.26B | $973.64M | $874.37M | $843.27M | $787.59M | $698.12M | $671.14M |
| Operating income | $22.91M | $33.22M | $90.11M | $143.34M | $111.69M | $93.25M | $76.50M | $70.35M | $56.86M | $58.30M |
| Pre-tax income | $24.38M | $36.35M | $93.92M | $144.17M | $111.73M | $93.39M | $77.69M | $71.03M | $56.47M | $57.07M |
| Income tax | $6.93M | $9.42M | $23.54M | $33.82M | $26.30M | $23.89M | $16.62M | $16.00M | -$33.81M | $23.60M |
| Net income | $17.44M | $26.92M | $70.37M | $110.35M | $85.43M | $69.50M | $61.07M | $55.03M | $90.28M | $33.46M |
| EPS, basic | $0.21 | $0.33 | $0.87 | $1.35 | $1.03 | $0.84 | $0.75 | $0.67 | $1.11 | $0.41 |
| EPS, diluted | $0.21 | $0.33 | $0.86 | $1.35 | $1.02 | $0.84 | $0.74 | $0.67 | $1.10 | $0.41 |
| Diluted shares | 81.5M | 81.5M | 81.4M | 82.0M | 83.4M | 83.2M | 82.7M | 82.7M | 82.3M | 81.7M |
| Line item | Dec 31, 2025 | Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | Dec 31, 2018 | Dec 31, 2017 | Dec 31, 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash and equivalents | $43.28M | $17.27M | $53.21M | $80.60M | $56.99M | $66.13M | $31.46M | $56.76M | $15.79M | $488.0K |
| Receivables | $85.81M | $89.99M | $105.50M | $120.70M | $99.00M | $83.43M | $90.71M | $83.03M | $74.89M | $69.20M |
| Current assets | $171.70M | $138.51M | $196.58M | $235.84M | $186.95M | $175.66M | $154.17M | $163.53M | $116.62M | $93.43M |
| Total assets | $949.77M | $968.76M | $990.34M | $965.68M | $870.69M | $831.64M | $796.59M | $753.90M | $690.40M | $653.75M |
| Current liabilities | $92.23M | $93.52M | $110.24M | $124.31M | $93.56M | $89.79M | $76.33M | $71.97M | $64.28M | $60.67M |
| Long-term debt | - | - | - | - | - | - | - | - | - | $7.89M |
| Total debt | - | - | - | - | - | - | - | - | - | $7.89M |
| Total liabilities | $182.14M | $200.84M | $232.95M | $261.76M | $219.01M | $211.30M | $199.00M | $177.95M | $164.90M | $216.41M |
| Shareholders' equity | $767.63M | $767.92M | $757.39M | $703.92M | $651.68M | $620.33M | $597.59M | $575.95M | $525.50M | $437.34M |
| Line item | Dec 31, 2025 | Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | Dec 31, 2018 | Dec 31, 2017 | Dec 31, 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating cash flow | $93.49M | $134.81M | $164.38M | $219.49M | $171.20M | $189.60M | $156.46M | $154.20M | $121.88M | $133.80M |
| Investing cash flow | -$42.88M | -$152.14M | -$172.54M | -$134.96M | -$123.73M | -$106.33M | -$140.51M | -$104.85M | -$95.32M | -$97.29M |
| Financing cash flow | -$19.60M | -$18.62M | -$19.23M | -$60.93M | -$56.60M | -$48.61M | -$41.25M | -$8.38M | -$11.26M | -$36.46M |
| Dividends paid | $19.56M | $19.54M | $19.51M | $19.56M | $54.73M | $52.37M | $42.09M | $5.46M | $4.36M | $3.25M |
| Share repurchases | - | $0 | $0 | $41.75M | $0 | $597.0K | $0 | $3.76M | $0 | $7.51M |
| Stock-based compensation | $1.86M | $2.24M | $2.32M | - | - | - | - | - | - | - |
| Line item | Dec 31, 2025 | Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | Dec 31, 2018 | Dec 31, 2017 | Dec 31, 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue growth, YoY | -8.3% | -14.8% | -10.5% | 29.8% | 11.4% | 3.7% | 7.1% | 12.8% | 4.0% | 0.9% |
| Net income growth, YoY | -35.2% | -61.7% | -36.2% | 29.2% | 22.9% | 13.8% | 11.0% | -39.1% | 169.8% | -6.4% |
| EPS growth, YoY | -36.4% | -61.6% | -36.3% | 32.4% | 21.4% | 13.5% | 10.4% | -39.1% | 170.5% | -4.7% |
| Operating margin | 2.6% | 3.4% | 8.0% | 11.3% | 11.5% | 10.7% | 9.1% | 8.9% | 8.1% | 8.7% |
| Net margin | 2.0% | 2.8% | 6.2% | 8.7% | 8.8% | 7.9% | 7.2% | 7.0% | 12.9% | 5.0% |
| Return on equity | 2.3% | 3.5% | 9.3% | 15.7% | 13.1% | 11.2% | 10.2% | 9.6% | 17.2% | 7.7% |
| Return on assets | 1.8% | 2.8% | 7.1% | 11.4% | 9.8% | 8.4% | 7.7% | 7.3% | 13.1% | 5.1% |
| Current ratio | 1.86 | 1.48 | 1.78 | 1.90 | 2.00 | 1.96 | 2.02 | 2.27 | 1.81 | 1.54 |
| Debt to equity | - | - | - | - | - | - | - | - | - | 0.02 |
| Line item | Jun 30, 2026 | Mar 31, 2026 | Dec 31, 2025 | Sep 30, 2025 | Jun 30, 2025 | Mar 31, 2025 | Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | Dec 31, 2023 | Sep 30, 2023 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $223.54M | $203.53M | $210.11M | $220.47M | $229.92M | $223.15M | $230.43M | $237.37M | $246.24M | $249.67M | $268.22M | $279.54M |
| Operating income | $6.92M | $1.59M | $4.58M | $2.74M | $9.73M | $5.86M | $6.73M | $4.27M | $9.97M | $12.25M | $15.66M | $17.23M |
| Pre-tax income | $7.64M | $2.05M | $5.05M | $2.95M | $10.17M | $6.21M | $7.12M | $5.19M | $10.99M | $13.05M | $16.52M | $18.25M |
| Income tax | $2.30M | $667.0K | $1.35M | $725.0K | $2.98M | $1.87M | $1.49M | $1.44M | $3.10M | $3.40M | $4.13M | $4.65M |
| Net income | $5.34M | $1.38M | $3.70M | $2.23M | $7.19M | $4.33M | $5.63M | $3.75M | $7.89M | $9.65M | $12.40M | $13.60M |
| EPS, basic | $0.07 | $0.02 | $0.04 | $0.03 | $0.09 | $0.05 | $0.06 | $0.05 | $0.10 | $0.12 | $0.15 | $0.17 |
| EPS, diluted | $0.07 | $0.02 | $0.04 | $0.03 | $0.09 | $0.05 | $0.06 | $0.05 | $0.10 | $0.12 | $0.14 | $0.17 |
| Diluted shares | 81.6M | 81.6M | - | 81.5M | 81.5M | 81.5M | - | 81.5M | 81.4M | 81.4M | - | 81.5M |
| Line item | Jun 30, 2026 | Mar 31, 2026 | Dec 31, 2025 | Sep 30, 2025 | Jun 30, 2025 | Mar 31, 2025 | Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | Dec 31, 2023 | Sep 30, 2023 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash and equivalents | $103.98M | $69.79M | $43.28M | $49.48M | $35.05M | $39.91M | $17.27M | $42.99M | $77.20M | $73.73M | $53.21M | $68.07M |
| Receivables | $92.03M | $91.91M | $85.81M | $92.01M | $91.43M | $95.25M | $89.99M | $93.54M | $99.93M | $105.25M | $105.50M | $117.82M |
| Current assets | $237.93M | $195.60M | $171.70M | $175.99M | $155.81M | $162.50M | $138.51M | $170.28M | $219.57M | $214.02M | $196.58M | $224.59M |
| Total assets | $955.49M | $947.23M | $949.77M | $975.65M | $991.82M | $983.33M | $968.76M | $1.00B | $1.01B | $993.02M | $990.34M | $997.20M |
| Current liabilities | $95.05M | $94.25M | $92.23M | $115.58M | $116.69M | $109.62M | $93.52M | $116.75M | $118.98M | $111.44M | $110.24M | $121.64M |
| Total liabilities | $189.52M | $183.02M | $182.14M | $207.45M | $221.10M | $215.83M | $200.84M | $233.54M | $243.13M | $230.59M | $232.95M | $247.85M |
| Shareholders' equity | $765.96M | $764.21M | $767.63M | $768.20M | $770.72M | $767.50M | $767.92M | $766.46M | $766.75M | $762.43M | $757.39M | $749.36M |
| Line item | Jun 30, 2026 | Mar 31, 2026 | Dec 31, 2025 | Sep 30, 2025 | Jun 30, 2025 | Mar 31, 2025 | Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | Dec 31, 2023 | Sep 30, 2023 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating cash flow | $27.67M | $33.05M | $5.58M | $18.54M | $33.15M | $36.22M | $23.79M | $29.48M | $35.82M | $45.72M | $38.05M | $28.13M |
| Investing cash flow | $10.73M | -$1.61M | -$7.13M | $5.79M | -$33.12M | -$8.41M | -$44.89M | -$59.22M | -$27.78M | -$20.25M | -$48.07M | -$35.83M |
| Financing cash flow | -$4.21M | -$4.93M | -$4.65M | -$4.89M | -$4.89M | -$5.16M | -$4.63M | -$4.46M | -$4.58M | -$4.96M | -$4.83M | -$4.76M |
| Dividends paid | $4.90M | $4.90M | $4.89M | $4.89M | $4.89M | $4.89M | $4.89M | $4.89M | $4.88M | $4.88M | $4.88M | $4.88M |
| Share repurchases | - | - | - | - | - | - | - | - | - | - | $0 | $0 |
| Stock-based compensation | $621.0K | $135.0K | $382.0K | $149.0K | $921.0K | $407.0K | $453.0K | $419.0K | $1.01M | $353.0K | $459.0K | $501.0K |
| Line item | Jun 30, 2026 | Mar 31, 2026 | Dec 31, 2025 | Sep 30, 2025 | Jun 30, 2025 | Mar 31, 2025 | Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | Dec 31, 2023 | Sep 30, 2023 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue growth, YoY | -2.8% | -8.8% | -8.8% | -7.1% | -6.6% | -10.6% | -14.1% | -15.1% | -13.8% | -16.2% | -16.9% | -13.8% |
| Net income growth, YoY | -25.7% | -68.1% | -34.4% | -40.7% | -8.9% | -55.1% | -54.6% | -72.4% | -63.9% | -57.1% | -51.4% | -47.0% |
| EPS growth, YoY | -22.2% | -60.0% | -33.3% | -40.0% | -10.0% | -58.3% | -57.1% | -70.6% | -63.0% | -57.1% | -54.8% | -46.9% |
| Operating margin | 3.1% | 0.8% | 2.2% | 1.2% | 4.2% | 2.6% | 2.9% | 1.8% | 4.1% | 4.9% | 5.8% | 6.2% |
| Net margin | 2.4% | 0.7% | 1.8% | 1.0% | 3.1% | 1.9% | 2.4% | 1.6% | 3.2% | 3.9% | 4.6% | 4.9% |
| Current ratio | 2.50 | 2.08 | 1.86 | 1.52 | 1.34 | 1.48 | 1.48 | 1.46 | 1.85 | 1.92 | 1.78 | 1.85 |
Source: XBRL data Marten Transport Ltd. files with the SEC, latest filing dated Aug 6, 2026 (see filings on SEC EDGAR). Provided for information only, not investment advice. Check the filing before relying on a number.
* Worked out from the filings rather than stated in them: Q4 is the full year less the first nine months.
Per-share figures and share counts are restated for stock splits the filings show: 3-for-2, first reported Aug 9, 2013; 5-for-3, first reported Aug 8, 2017; 3-for-2, first reported Nov 6, 2020.
EPS growth is left out where the share count moved enough to suggest a split the filings do not show. Growth rates need a positive starting figure. CAGR is compound annual growth between fiscal years. The CSV holds every period on file, in full figures, from the same SEC filings.
| Company | Revenue | Growth | Net income | Net margin | Market cap |
|---|---|---|---|---|---|
| MRTN | $857.65M | -6.9% | $12.64M | 1.5% | $958.7M |
| UPS | $91.37B | +2.1% | $4.42B | 4.8% | $92.21B |
| ODFL | $5.79B | +3.8% | $1.16B | 20.1% | $33.98B |
| JBHT | $13.33B | +10.6% | $676.07M | 5.1% | $20.28B |
| ZTO | CN¥49.10B | +10.9% | CN¥9.08B | 18.5% | $16.01B |
| KNX | $8.00B | +7.0% | $153.34M | 1.9% | $9.51B |
| SAIA | $3.54B | +9.3% | $283.09M | 8.0% | $8.86B |
| TFII | $7.88B | -6.1% | $310.55M | 3.9% | $7.80B |
| SNDR | $5.95B | +6.0% | $141.70M | 2.4% | $4.88B |