Marten Transport, Ltd.
Marten Transport, Ltd. (MRTN) Financial Performance & Income Statement Overview
Analyze Marten Transport, Ltd. (MRTN) financial statements (income, balance sheet, and cash flow) across both yearly and quarterly periods.
Marten Transport, Ltd. (MRTN) Income Statement & Financial Overview
Analyze Marten Transport, Ltd.’s MRTN earnings with segmented quarterly and yearly financial statement figures.
| Metric | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 |
|---|---|---|---|---|
| Revenue | $223.15M | $230.43M | $237.37M | $246.24M |
| Cost of Revenue | $208.35M | $197.09M | $207.94M | $228.34M |
| Gross Profit | $14.80M | $33.34M | $29.43M | $17.90M |
| Gross Profit Ratio | $0.07 | $0.14 | $0.12 | $0.07 |
| R&D Expenses | $0.00 | $0.00 | $0.00 | $0.00 |
| SG&A Expenses | $2.28M | $17.33M | $15.93M | $2.30M |
| Operating Expenses | $10.61M | $26.61M | $25.16M | $10.46M |
| Total Costs & Expenses | -$218.96M | $223.71M | $233.98M | $238.80M |
| Interest Income | $0.00 | $0.00 | $0.00 | $0.00 |
| Interest Expense | $0.00 | $0.00 | $0.00 | $0.00 |
| Depreciation & Amortization | $27.47M | $387000.00 | $27.39M | $28.21M |
| EBITDA | $33.68M | $33.87M | $32.58M | $35.65M |
| EBITDA Ratio | $0.15 | $0.15 | $0.14 | $0.14 |
| Operating Income | $4.19M | $6.73M | $4.27M | $7.44M |
| Operating Income Ratio | $0.02 | $0.03 | $0.02 | $0.03 |
| Other Income/Expenses (Net) | $2.01M | $394000.00 | $922000.00 | $1.01M |
| Income Before Tax | $6.21M | $7.12M | $5.19M | $10.99M |
| Income Before Tax Ratio | $0.03 | $0.03 | $0.02 | $0.04 |
| Income Tax Expense | $1.87M | $1.49M | $1.44M | $3.10M |
| Net Income | $4.33M | $5.63M | $3.75M | $7.89M |
| Net Income Ratio | $0.02 | $0.02 | $0.02 | $0.03 |
| EPS | $0.05 | $0.07 | $0.05 | $0.10 |
| Diluted EPS | $0.05 | $0.07 | $0.05 | $0.10 |
| Weighted Avg Shares Outstanding | $81.49M | $81.46M | $81.44M | $81.38M |
| Weighted Avg Shares Outstanding (Diluted) | $81.51M | $81.51M | $81.49M | $81.45M |
The company's financials show resilient growth, with revenue advancing from $246.24M in Q2 2024 to $223.15M in Q1 2025. Gross profit remained healthy with margins at 7% in Q1 2025 compared to 7% in Q2 2024. Operating income hit $4.19M last quarter, sustaining a consistent 2% margin. Changes in R&D and SG&A spending did not hinder EBITDA, which stood at $33.68M. Net income dropped to $4.33M, while earnings per share reached $0.05. Strong cost management and operational efficiency kept profitability intact, underlining the company's stable and competitive market performance.
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