Marten Transport/$MRTN

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About Marten Transport

Marten Transport Ltd is a temperature-sensitive and dry truckload carrier in the United States. The company specializes in transporting and distributing food and other consumer packaged goods that require a temperature-controlled or insulated environment. The company operates through four segments: Truckload, Dedicated, Intermodal, and Brokerage, generating the majority of its revenue from the Truckload segment. The Truckload segment offers a mix of regional short-haul and medium- to long-haul full-load transportation services transporting food and other consumer packaged goods.
Ticker
$MRTN
Sector
Mobility
Primary listing
NASDAQ
Employees
3,502

Marten Transport Metrics

BasicAdvanced
$1.1B
88.93
$0.15
0.98
$0.24
1.80%

What the Analysts think about Marten Transport

Analyst ratings (Buy, Hold, Sell) for Marten Transport stock.
Analyst projections of the future price of Marten Transport stock.

Bulls say / Bears say

Profitability rebounded sharply in the second quarter: net income rose 286.3% sequentially to $5.3 million from $1.4 million, with improvement across truckload, dedicated and brokerage. This suggests the trough may be passing if the recovery continues. (GlobeNewswire)
Marten is seeing better truckload economics as refrigerated freight capacity tightens. Non-dedicated truckload revenue per tractor rose 9% year on year and revenue per loaded mile increased 6%, giving the company scope to raise prices and prioritise better freight. (FreightWaves)
The debt-free balance sheet gives Marten resilience through the cycle and room to modernise its fleet. It also generated $61 million of operating cash flow in the first half, despite the weak earnings environment. (FreightWaves, GlobeNewswire)
The recovery has not yet restored year-on-year performance. Second-quarter revenue fell 2.8%, net income dropped 25.7%, and the operating ratio worsened to 96.9% from 95.8%; first-half net income was down 41.7%. (GlobeNewswire)
Dedicated remains a material drag: revenue excluding fuel fell 14% year on year as the fleet shrank 17%, while its fuel-adjusted operating ratio deteriorated to 95.4%. Cutting trucks may protect near-term costs, but it also limits volume growth and can make customer relationships harder to rebuild. (FreightWaves)
Marten’s cash position is strong, but its near-term commitments are substantial. The company expects about $109 million of net capital expenditure in the rest of 2026, while $33.2 million of standby letters of credit against its $35 million facility left only $1.8 million of borrowing availability at the half-year. (Last10K)
Data summarised monthly by Lightyear AI. Last updated on 20 Sept 2026.

Marten Transport Financial Performance

Revenues and expenses
Income statement
QuarterlyAnnual
Q3 24
QoQ growth
Revenue
Net income
Profit margin

Marten Transport Earnings Performance

Company profitability
Earnings per share
QuarterlyAnnual
Q4 23
Q1 24
Q2 24
Q3 24
Q4 24
Actual
Expected
Surprise

Funds containing Marten Transport

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