Marten Transport Ltd
NASDAQ:MRTN

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Marten Transport Ltd
NASDAQ:MRTN
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Price: 16.91 USD 1.56% Market Closed
Market Cap: 1.4B USD
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Income Statement

Earnings Waterfall
Marten Transport Ltd

Revenue
1B USD
Cost of Revenue
-684.1m USD
Gross Profit
317.4m USD
Operating Expenses
-281.6m USD
Operating Income
35.8m USD
Other Expenses
-2.1m USD
Net Income
33.7m USD

Income Statement
Marten Transport Ltd

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Income Statement
Currency: USD
Sep-2014 Dec-2014 Mar-2015 Jun-2015 Sep-2015 Dec-2015 Mar-2016 Jun-2016 Sep-2016 Dec-2016 Mar-2017 Jun-2017 Sep-2017 Dec-2017 Mar-2018 Jun-2018 Sep-2018 Dec-2018 Mar-2019 Jun-2019 Sep-2019 Dec-2019 Mar-2020 Jun-2020 Sep-2020 Dec-2020 Mar-2021 Jun-2021 Sep-2021 Dec-2021 Mar-2022 Jun-2022 Sep-2022 Dec-2022 Mar-2023 Jun-2023 Sep-2023 Dec-2023 Mar-2024 Jun-2024 Sep-2024
Revenue
Revenue
666
N/A
673
+1%
675
+0%
670
-1%
670
0%
665
-1%
666
+0%
668
+0%
667
0%
671
+1%
683
+2%
688
+1%
688
+0%
698
+1%
712
+2%
738
+4%
766
+4%
788
+3%
800
+2%
815
+2%
830
+2%
843
+2%
863
+2%
863
+0%
864
+0%
874
+1%
879
+0%
899
+2%
934
+4%
974
+4%
1 038
+7%
1 135
+9%
1 208
+6%
1 264
+5%
1 275
+1%
1 231
-3%
1 186
-4%
1 131
-5%
1 083
-4%
1 044
-4%
1 001
-4%
Gross Profit
Cost of Revenue
(461)
(460)
(454)
(445)
(439)
(432)
(430)
(429)
(426)
(430)
(439)
(442)
(440)
(450)
(461)
(482)
(505)
(518)
(525)
(533)
(543)
(554)
(566)
(559)
(554)
(553)
(554)
(576)
(608)
(643)
(691)
(764)
(817)
(859)
(867)
(829)
(798)
(759)
(729)
(711)
(684)
Gross Profit
205
N/A
213
+4%
221
+4%
225
+2%
231
+3%
233
+1%
236
+1%
239
+1%
241
+1%
242
+0%
244
+1%
246
+1%
248
+1%
248
+0%
251
+1%
256
+2%
262
+2%
269
+3%
275
+2%
282
+3%
288
+2%
289
+0%
296
+3%
304
+3%
310
+2%
322
+4%
325
+1%
323
-1%
326
+1%
331
+1%
347
+5%
371
+7%
391
+5%
405
+4%
408
+1%
402
-1%
388
-4%
373
-4%
354
-5%
333
-6%
317
-5%
Operating Income
Operating Expenses
(162)
(166)
(170)
(173)
(179)
(182)
(184)
(188)
(191)
(194)
(196)
(196)
(198)
(197)
(200)
(202)
(202)
(206)
(208)
(212)
(218)
(221)
(228)
(232)
(235)
(239)
(236)
(234)
(234)
(236)
(242)
(253)
(264)
(275)
(285)
(291)
(295)
(296)
(290)
(286)
(282)
Selling, General & Administrative
(80)
(82)
(84)
(85)
(87)
(87)
(87)
(88)
(90)
(92)
(94)
(94)
(96)
(95)
(96)
(96)
(94)
(96)
(97)
(100)
(103)
(105)
(108)
(110)
(112)
(111)
(112)
(110)
(108)
(104)
(109)
(115)
(120)
(125)
(133)
(136)
(141)
(144)
(141)
(140)
(138)
Depreciation & Amortization
(67)
(68)
(70)
(71)
(73)
(75)
(78)
(80)
(81)
(82)
(84)
(85)
(85)
(85)
(86)
(86)
(88)
(89)
(89)
(91)
(93)
(95)
(98)
(101)
(102)
(110)
(103)
(103)
(103)
(109)
(103)
(104)
(107)
(118)
(114)
(117)
(118)
(124)
(116)
(114)
(113)
Other Operating Expenses
(15)
(16)
(17)
(17)
(18)
(19)
(20)
(20)
(20)
(20)
(18)
(17)
(17)
(17)
(18)
(20)
(21)
(22)
(22)
(22)
(22)
(21)
(22)
(21)
(21)
(19)
(21)
(22)
(24)
(23)
(30)
(34)
(37)
(32)
(38)
(38)
(37)
(29)
(33)
(32)
(31)
Operating Income
43
N/A
47
+8%
51
+9%
52
+2%
53
+2%
51
-2%
52
+1%
51
-1%
51
-2%
48
-5%
48
+0%
50
+3%
49
-1%
51
+5%
51
-1%
53
+5%
59
+11%
63
+6%
67
+6%
70
+4%
70
+0%
68
-3%
68
+0%
72
+6%
76
+4%
83
+9%
89
+7%
89
+0%
92
+4%
95
+4%
105
+10%
118
+12%
127
+7%
130
+3%
122
-6%
111
-9%
92
-17%
76
-17%
64
-17%
47
-27%
36
-23%
Pre-Tax Income
Interest Income Expense
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
Non-Reccuring Items
4
4
9
9
10
10
6
7
9
11
10
9
8
6
6
6
6
7
8
7
7
9
9
10
11
11
11
14
15
16
19
18
15
13
14
13
15
14
10
9
6
Total Other Income
1
1
1
(0)
(0)
(0)
(1)
(1)
(1)
(1)
(1)
(1)
(1)
(0)
0
0
0
1
1
1
1
1
1
1
0
0
0
0
0
0
0
0
0
1
2
3
3
4
4
4
4
Pre-Tax Income
48
N/A
52
+7%
60
+16%
61
+1%
62
+1%
61
-2%
57
-6%
58
+1%
58
+1%
57
-1%
57
0%
58
+2%
56
-3%
57
+0%
56
0%
59
+5%
66
+10%
71
+8%
75
+6%
77
+3%
78
+2%
78
-1%
78
N/A
83
+6%
87
+5%
93
+8%
99
+6%
103
+3%
107
+4%
112
+5%
124
+11%
136
+10%
142
+4%
144
+2%
138
-4%
127
-8%
111
-12%
94
-15%
77
-18%
59
-24%
46
-22%
Net Income
Tax Provision
(20)
(22)
(26)
(26)
(26)
(25)
(24)
(24)
(24)
(24)
(24)
(24)
(23)
(23)
(21)
(19)
(18)
(16)
(17)
(18)
(17)
(17)
(17)
(19)
(21)
(24)
(26)
(26)
(26)
(26)
(29)
(31)
(32)
(34)
(33)
(31)
(27)
(24)
(20)
(15)
(12)
Income from Continuing Operations
28
30
35
35
36
36
34
34
34
34
33
34
34
34
36
41
48
55
58
60
61
61
61
64
66
70
74
77
80
85
95
105
110
110
105
96
84
70
58
44
34
Net Income (Common)
28
N/A
30
+6%
35
+17%
35
+1%
36
+2%
36
-1%
34
-5%
34
+0%
34
N/A
34
-1%
33
0%
34
+2%
34
-1%
90
+170%
92
+2%
97
+5%
104
+8%
55
-47%
58
+6%
60
+3%
61
+2%
61
+0%
61
+0%
64
+5%
66
+2%
70
+6%
74
+6%
77
+4%
80
+4%
85
+6%
95
+11%
105
+11%
110
+4%
110
+1%
105
-5%
96
-9%
84
-13%
70
-16%
58
-18%
44
-24%
34
-23%
EPS (Diluted)
0.33
N/A
0.35
+6%
0.41
+17%
0.42
+2%
0.43
+2%
0.42
-2%
0.41
-2%
0.41
N/A
0.41
N/A
0.41
N/A
0.4
-2%
0.41
+2%
0.41
N/A
1.09
+166%
1.11
+2%
1.17
+5%
1.26
+8%
0.67
-47%
0.7
+4%
0.71
+1%
0.73
+3%
0.74
+1%
0.74
N/A
0.78
+5%
0.8
+3%
0.84
+5%
0.9
+7%
0.94
+4%
0.98
+4%
1.02
+4%
1.15
+13%
1.28
+11%
1.34
+5%
1.35
+1%
1.3
-4%
1.18
-9%
1.03
-13%
0.86
-17%
0.71
-17%
0.54
-24%
0.41
-24%

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