15 years of revenue, profit, cash flow and balance-sheet history through FY2025,
from SEC filings — with a computed, factual read of the trend.
Updated Overview →
Growth & profitability
Revenue has grown 0.2% per year over the past 5 years.
Net income has grown slower than revenue (-24.2% vs 0.2% per year).
Operating margin has contracted, at 2.6% in the latest year.
Financial health
Total debt has grown faster than revenue (30.4% vs 0.2% per year).
Shareholder returns
Dividends have been paid for 15 consecutive years, consuming 112.1% of earnings.
The dividend has declined 17.9% per year over the past 5 years.
Revenue & net income
RevenueNet income
Margins (gross / operating / net)
GrossOperatingNet
Return on equity & assets (ROE / ROA)
ROEROA
Free cash flow (CFO − capex)
Free cash flow
Cash vs total debt
CashTotal debt
Cash flow: operating / investing / financing
OperatingInvestingFinancing
Key annual figures
FY
Revenue
Net income
Gross M
Op M
ROE
ROA
FCF
Total debt
Cash
2025
$884M
$17M
0.0%
2.6%
2.3%
1.8%
—
—
$43M
2024
$964M
$27M
0.0%
3.4%
3.5%
2.8%
—
—
$17M
2023
$1.1B
$70M
0.0%
8.0%
9.3%
7.1%
—
—
$53M
2022
$1.3B
$110M
0.0%
11.3%
15.7%
11.4%
—
—
$81M
2021
$974M
$85M
0.0%
11.5%
13.1%
9.8%
—
—
$57M
2020
$874M
$70M
0.0%
10.7%
11.2%
8.4%
—
—
$66M
2019
$843M
$61M
0.0%
9.1%
10.2%
7.7%
—
—
$31M
2018
$788M
$55M
0.0%
8.9%
9.6%
7.3%
—
—
$57M
2017
$698M
$90M
0.0%
8.1%
17.2%
13.1%
—
—
$16M
2016
$671M
$33M
0.0%
8.7%
7.7%
5.1%
—
$8M
$488000
2015
—
$36M
—
—
—
5.7%
—
$38M
$434000
2014
—
$30M
—
—
—
5.2%
—
$24M
$123000
2013
—
$30M
—
—
8.4%
5.7%
—
—
$14M
2012
—
$27M
—
—
8.3%
5.6%
—
$3M
$3M
2011
—
$24M
—
—
7.6%
5.2%
—
—
$21M
Revenue & net income
RevenueNet income
Margins (gross / operating / net)
GrossOperatingNet
Return on equity & assets (ROE / ROA)
ROEROA
Free cash flow (CFO − capex, quarterly)
Free cash flow
Cash vs total debt
CashTotal debt
Cash flow: operating / investing / financing
OperatingInvestingFinancing
Key quarterly figures
Quarter
Revenue
Net income
Gross M
Op M
ROE
ROA
FCF
Total debt
Cash
Jun '26
$224M
$5M
0.0%
3.1%
0.7%
0.6%
—
—
$104M
Mar '26
$204M
$1M
0.0%
0.8%
0.2%
0.1%
—
—
$70M
Dec '25
$210M
$2M
0.0%
2.2%
0.2%
0.2%
—
—
$43M
Sep '25
$220M
$2M
0.0%
1.2%
0.3%
0.2%
—
—
$49M
Jun '25
$230M
$7M
0.0%
4.2%
0.9%
0.7%
—
—
$35M
Mar '25
$223M
$4M
0.0%
2.6%
0.6%
0.4%
—
—
$40M
Dec '24
$230M
$6M
0.0%
2.9%
0.7%
0.6%
—
—
$17M
Sep '24
$237M
$4M
0.0%
1.8%
0.5%
0.4%
—
—
$43M
Jun '24
$246M
$8M
0.0%
4.1%
1.0%
0.8%
—
—
$77M
Mar '24
$250M
$10M
0.0%
4.9%
1.3%
1.0%
—
—
$74M
Dec '23
$268M
$12M
0.0%
5.8%
1.6%
1.3%
—
—
$53M
Sep '23
$280M
$14M
0.0%
6.2%
1.8%
1.4%
—
—
$68M
Jun '23
$286M
$22M
0.0%
9.9%
3.0%
2.2%
—
—
$81M
Mar '23
$298M
$23M
0.0%
9.7%
3.1%
2.3%
—
—
$96M
Dec '22
$323M
$26M
0.0%
10.2%
3.6%
2.6%
—
—
$81M
Sep '22
$324M
$26M
0.0%
10.4%
3.8%
2.7%
—
—
$71M
Jun '22
$330M
$32M
0.0%
12.4%
4.8%
3.4%
—
—
$68M
Mar '22
$287M
$28M
0.0%
12.5%
4.2%
3.1%
—
—
$67M
Dec '21
$267M
$25M
0.0%
11.5%
3.8%
2.8%
—
—
$57M
Sep '21
$251M
$21M
0.0%
11.3%
3.4%
2.4%
—
—
$84M
Valuation over time
How the market has priced MRTN against its own fundamentals since 2023-03 —
each month-end's share price set against the most recent annual filing, so the multiple moves
as price runs ahead of (or behind) earnings. Split-adjusted.
The price-to-earnings ratio has risen from 15.5× (Mar '23) to 56.3× (Nov '26).
The price-to-sales ratio has fallen from 1.4× (Mar '23) to 1.1× (Nov '26).
The dividend yield has risen from 1.1% (Mar '23) to 2.0% (Nov '26).
Price / earnings (P/E)
P/E
Price / sales (P/S)
P/S
Dividend yield (%)
Dividend yield %
Frequently asked questions
Is MRTN growing its revenue and profit?
Over the past 5 years, Marten Transport Ltd's revenue has grown 0.2% per year, and net income declined 24.2% per year. These are computed facts, not advice.
How much debt does MRTN have?
As of FY2025, Marten Transport Ltd reported — of total debt against $43M of cash.
What is MRTN's profit margin?
In FY2025, gross margin was —, operating margin 2.6%, and net margin 2.0%.
What is MRTN's P/E ratio?
Marten Transport Ltd's P/E (TTM) is 93.17 as of the 2026-11-02 close — market cap ÷ net income over the trailing twelve months where four consecutive quarters are reported, otherwise the latest fiscal year, the same figure as on the MRTN stock page. The valuation chart above sets each month-end's price against the latest annual net income instead, so its latest point (about 56.3× as of Nov '26) can differ. These are computed facts, not advice.
Where does this data come from?
All figures are extracted from the company’s SEC EDGAR/XBRL filings — 10-K annual reports and 10-Q quarterly reports (use the Annual / Quarterly toggle). Quarterly figures are derived from the as-filed statements (year-to-date amounts are differenced into discrete quarters). Growth rates and ratios are computed by tradmap; nothing here is investment advice.
Source: SEC EDGAR / XBRL (10-K + 10-Q filings) · prices EOD (Databento), split-adjusted; price return — dividends not reinvested ·
growth rates, valuation multiples & ratios computed by tradmap. Valuation uses each month-end price
against the latest annual filing. Informational only — not investment advice.