Marten Financial Statements From 2010 to 2024

MRTN Stock  USD 16.91  0.26  1.56%   
Marten Transport financial statements provide useful quarterly and yearly information to potential Marten Transport investors about the company's current and past financial position, as well as its overall management performance and changes in financial position over time. Historical trend examination of various income statement and balance sheet accounts found on Marten Transport financial statements helps investors assess Marten Transport's valuation, profitability, and current liquidity needs. Key fundamental drivers impacting Marten Transport's valuation are summarized below:
Gross Profit
340.3 M
Profit Margin
0.0336
Market Capitalization
1.4 B
Enterprise Value Revenue
1.3326
Revenue
B
We have found one hundred twenty available fundamental ratios for Marten Transport, which can be analyzed and compared to other ratios and to its peers in the industry. Self-guided Investors are advised to check Marten Transport's last-minute fundamentals against the trend between 2010 and 2024 to make sure the company can sustain itself down the road. As of the 25th of November 2024, Market Cap is likely to grow to about 1.1 B. Also, Enterprise Value is likely to grow to about 1.1 B

Marten Transport Total Revenue

1.19 Billion

Check Marten Transport financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Marten Transport's main balance sheet or income statement drivers, such as Depreciation And Amortization of 122.6 M, Interest Expense of 903.5 K or Total Revenue of 1.2 B, as well as many indicators such as Price To Sales Ratio of 1.58, Dividend Yield of 0.0123 or PTB Ratio of 1.35. Marten financial statements analysis is a perfect complement when working with Marten Transport Valuation or Volatility modules.
  
Check out the analysis of Marten Transport Correlation against competitors.
To learn how to invest in Marten Stock, please use our How to Invest in Marten Transport guide.

Marten Transport Balance Sheet

Current ValueLast YearHistorical Average 10 Year Trend
Total AssetsB990.3 M688.5 M
Slightly volatile
Short and Long Term Debt Total491.1 K517 K7.7 M
Slightly volatile
Other Current Liabilities77.4 M73.7 M39.6 M
Slightly volatile
Total Current Liabilities115.8 M110.2 M70.3 M
Slightly volatile
Total Stockholder Equity795.3 M757.4 M499.2 M
Slightly volatile
Property Plant And Equipment Net832.4 M792.8 M549.8 M
Slightly volatile
Retained Earnings742.1 M706.8 M428.7 M
Slightly volatile
Cash55.9 M53.2 M30.5 M
Slightly volatile
Non Current Assets Total833.4 M793.8 M551.6 M
Slightly volatile
Cash And Short Term Investments55.9 M53.2 M30.5 M
Slightly volatile
Net Receivables123.9 M118 M85.8 M
Slightly volatile
Common Stock Shares Outstanding77.5 M81.4 M81.3 M
Pretty Stable
Liabilities And Stockholders EquityB990.3 M688.5 M
Slightly volatile
Non Current Liabilities Total94.9 M122.7 M116.4 M
Slightly volatile
Other Current Assets28.6 M19.1 M17.7 M
Slightly volatile
Other Stockholder Equity57.1 M49.8 M85.5 M
Very volatile
Total Liabilities147.3 M233 M182.5 M
Slightly volatile
Property Plant And Equipment Gross1.2 B1.2 B623.5 M
Slightly volatile
Total Current Assets206.4 M196.6 M136.9 M
Slightly volatile
Short Term Debt254.6 K268 K3.7 M
Pretty Stable
Accounts Payable38.3 M36.5 M30.6 M
Slightly volatile
Common Stock Total EquityM954.5 K524.8 K
Slightly volatile
Common Stock853.6 K813 K504.2 K
Slightly volatile
Other Assets822.5 K865.8 K1.8 M
Slightly volatile
Property Plant Equipment880.1 M838.2 M505.3 M
Slightly volatile
Net Tangible Assets542.3 M809.5 M505.8 M
Slightly volatile
Retained Earnings Total Equity431.8 M649.9 M413.5 M
Slightly volatile
Capital Surpluse64.7 M77.1 M79.8 M
Pretty Stable
Long Term Debt Total8.6 M9.1 M11.2 M
Pretty Stable
Other Liabilities136.1 M157.6 M125.7 M
Slightly volatile
Short and Long Term Debt6.7 M7.1 M15.3 M
Slightly volatile
Net Invested Capital696.5 M757.4 M587.2 M
Slightly volatile
Net Working Capital94.1 M86.3 M70.6 M
Slightly volatile
Capital Stock801.7 K813 K635.6 K
Slightly volatile
Capital Lease Obligations321.4 K249 K544.8 K
Slightly volatile
Non Current Liabilities Other360.3 K261.9 K540.3 K
Slightly volatile

Marten Transport Income Statement

Current ValueLast YearHistorical Average 10 Year Trend
Depreciation And Amortization122.6 M116.7 M82.5 M
Slightly volatile
Total Revenue1.2 B1.1 B781.6 M
Slightly volatile
Gross Profit144.4 M121.7 M139.4 M
Slightly volatile
Other Operating Expenses522.4 MB679.6 M
Slightly volatile
EBITDA202.9 M193.2 M99.4 M
Slightly volatile
Cost Of Revenue1.1 BB643.2 M
Slightly volatile
Total Operating Expenses184.8 M205.2 M96.2 M
Slightly volatile
Income Before Tax98.6 M93.9 M70.8 M
Slightly volatile
Total Other Income Expense Net3.7 M3.8 M11.6 M
Very volatile
Net Income73.9 M70.4 M53.3 M
Slightly volatile
Selling General Administrative63.9 M66.2 M54.3 M
Very volatile
Net Income Applicable To Common Shares133.3 M126.9 M61.4 M
Slightly volatile
Minority Interest71.8 K75.6 K202.2 K
Slightly volatile
Net Income From Continuing Ops61.3 M70.4 M54 M
Slightly volatile
Reconciled Depreciation110.3 M116.7 M93.9 M
Slightly volatile
Extraordinary Items45.2 M50.9 M55.4 M
Slightly volatile
Selling And Marketing Expenses2.9 M3.3 M3.6 M
Slightly volatile

Marten Transport Cash Flow Statement

Current ValueLast YearHistorical Average 10 Year Trend
Begin Period Cash Flow84.6 M80.6 M29.3 M
Slightly volatile
Capital Expenditures252.6 M240.6 M161.3 M
Slightly volatile
Total Cash From Operating Activities172.6 M164.4 M130.5 M
Slightly volatile
End Period Cash Flow55.9 M53.2 M30.5 M
Slightly volatile
Dividends Paid20.6 M19.5 M27.1 M
Pretty Stable
Issuance Of Capital Stock1.4 M1.9 M1.2 M
Slightly volatile

Financial Ratios

Current ValueLast YearHistorical Average 10 Year Trend
Price To Sales Ratio1.581.5071.2066
Slightly volatile
Dividend Yield0.01230.01140.0152
Pretty Stable
PTB Ratio1.352.25131.9079
Very volatile
Days Sales Outstanding45.8938.054140.652
Pretty Stable
Book Value Per Share9.799.31926.086
Slightly volatile
Operating Cash Flow Per Share2.122.02261.5901
Slightly volatile
Stock Based Compensation To Revenue0.00150.0020.002
Slightly volatile
PB Ratio1.352.25131.9079
Very volatile
EV To Sales1.531.46041.1929
Slightly volatile
Net Income Per Share0.910.86590.65
Slightly volatile
Payables Turnover21.2627.653331.0759
Very volatile
Sales General And Administrative To Revenue0.05560.05850.0929
Slightly volatile
Capex To Revenue0.230.21260.2052
Pretty Stable
Cash Per Share0.690.65480.372
Slightly volatile
POCF Ratio10.8910.3736.9736
Slightly volatile
Interest Coverage164156161
Slightly volatile
Payout Ratio0.220.27720.2734
Slightly volatile
Capex To Operating Cash Flow1.581.46341.2759
Very volatile
Days Payables Outstanding18.1213.199112.7691
Pretty Stable
ROE0.07990.09290.1056
Pretty Stable
EV To Operating Cash Flow10.5610.05246.9992
Slightly volatile
PE Ratio13.3624.229318.3013
Pretty Stable
Return On Tangible Assets0.04210.07110.0729
Slightly volatile
Earnings Yield0.07260.04130.057
Pretty Stable
Current Ratio1.181.78321.8927
Pretty Stable
Tangible Book Value Per Share9.799.31926.086
Slightly volatile
Receivables Turnover7.079.59168.9824
Very volatile
Graham Number14.1513.47459.3507
Slightly volatile
Shareholders Equity Per Share9.799.31926.0822
Slightly volatile
Debt To Equity0.01970.02070.0636
Slightly volatile
Capex Per Share3.112.95991.9648
Slightly volatile
Revenue Per Share14.6213.92189.5243
Slightly volatile
Interest Debt Per Share0.110.0970.145
Pretty Stable
Debt To Assets0.01320.01390.0364
Slightly volatile
Enterprise Value Over EBITDA8.988.55196.3743
Slightly volatile
Short Term Coverage Ratios10499.03102
Slightly volatile
Price Earnings Ratio13.3624.229318.3013
Pretty Stable
Operating Cycle24.6840.326241.2459
Slightly volatile
Price Book Value Ratio1.352.25131.9079
Very volatile
Days Of Payables Outstanding18.1213.199112.7691
Pretty Stable
Dividend Payout Ratio0.220.27720.2734
Slightly volatile
Price To Operating Cash Flows Ratio10.8910.3736.9736
Slightly volatile
Pretax Profit Margin0.0530.0830.0869
Pretty Stable
Company Equity Multiplier2.341.30761.5067
Very volatile
Long Term Debt To Capitalization0.01940.02040.0429
Slightly volatile
Total Debt To Capitalization0.01940.02040.0494
Slightly volatile
Debt Equity Ratio0.01970.02070.0636
Slightly volatile
Quick Ratio1.381.72621.8544
Pretty Stable
Dividend Paid And Capex Coverage Ratio0.830.63210.7757
Very volatile
Net Income Per E B T0.530.74930.7194
Pretty Stable
Cash Ratio0.510.48270.3589
Slightly volatile
Cash Conversion Cycle28.4827.127131.3528
Slightly volatile
Operating Cash Flow Sales Ratio0.120.14530.1623
Slightly volatile
Days Of Sales Outstanding45.8938.054140.652
Pretty Stable
Cash Flow Coverage Ratios16.0115.2414.8561
Pretty Stable
Price To Book Ratio1.352.25131.9079
Very volatile
Fixed Asset Turnover1.731.42731.4826
Pretty Stable
Capital Expenditure Coverage Ratio0.620.68330.8259
Very volatile
Price Cash Flow Ratio10.8910.3736.9736
Slightly volatile
Enterprise Value Multiple8.988.55196.3743
Slightly volatile
Debt Ratio0.01320.01390.0364
Slightly volatile
Cash Flow To Debt Ratio16.0115.2414.8561
Pretty Stable
Price Sales Ratio1.581.5071.2066
Slightly volatile
Return On Assets0.04210.07110.0729
Slightly volatile
Asset Turnover1.331.14251.1721
Pretty Stable
Net Profit Margin0.03550.06220.0637
Slightly volatile
Gross Profit Margin0.10.10750.2061
Slightly volatile
Price Fair Value1.352.25131.9079
Very volatile
Return On Equity0.07990.09290.1056
Pretty Stable

Marten Transport Valuation Data

Current ValueLast YearHistorical Average 10 Year Trend
Market Cap1.1 B1.1 B816.1 M
Slightly volatile
Enterprise Value1.1 BB799.5 M
Slightly volatile

Marten Fundamental Market Drivers

Cash And Short Term Investments53.2 M

Marten Upcoming Events

16th of April 2024
Upcoming Quarterly Report
View
17th of July 2024
Next Financial Report
View
31st of March 2024
Next Fiscal Quarter End
View
23rd of January 2025
Next Fiscal Year End
View
31st of December 2023
Last Quarter Report
View
31st of December 2023
Last Financial Announcement
View

About Marten Transport Financial Statements

Marten Transport investors utilize fundamental indicators, such as revenue or net income, to predict how Marten Stock might perform in the future. Analyzing these trends over time helps investors make informed market timing decisions. For further insights, please visit our fundamental analysis page.
Last ReportedProjected for Next Year
Current Deferred Revenue157.6 M165.5 M
Total Revenue1.1 B1.2 B
Cost Of RevenueB1.1 B
Sales General And Administrative To Revenue 0.06  0.06 
Capex To Revenue 0.21  0.23 
Revenue Per Share 13.92  14.62 
Ebit Per Revenue 0.08  0.12 

Pair Trading with Marten Transport

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Marten Transport position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Marten Transport will appreciate offsetting losses from the drop in the long position's value.

Moving against Marten Stock

  0.41B Barnes GroupPairCorr
  0.39BW Babcock Wilcox EnterPairCorr
  0.38EH Ehang HoldingsPairCorr
The ability to find closely correlated positions to Marten Transport could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Marten Transport when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Marten Transport - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Marten Transport to buy it.
The correlation of Marten Transport is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Marten Transport moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Marten Transport moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Marten Transport can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching
When determining whether Marten Transport offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Marten Transport's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Marten Transport Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Marten Transport Stock:
Check out the analysis of Marten Transport Correlation against competitors.
To learn how to invest in Marten Stock, please use our How to Invest in Marten Transport guide.
You can also try the Price Exposure Probability module to analyze equity upside and downside potential for a given time horizon across multiple markets.
Is Cargo Ground Transportation space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Marten Transport. If investors know Marten will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Marten Transport listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.72)
Dividend Share
0.24
Earnings Share
0.41
Revenue Per Share
12.308
Quarterly Revenue Growth
(0.15)
The market value of Marten Transport is measured differently than its book value, which is the value of Marten that is recorded on the company's balance sheet. Investors also form their own opinion of Marten Transport's value that differs from its market value or its book value, called intrinsic value, which is Marten Transport's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Marten Transport's market value can be influenced by many factors that don't directly affect Marten Transport's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Marten Transport's value and its price as these two are different measures arrived at by different means. Investors typically determine if Marten Transport is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Marten Transport's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.