Company Analysis

Marten Transport, Ltd. (MRTN)

Nasdaq: MRTN · Trucking (No Local) · Mondovi, WI · filing with the SEC since 1994
Grade4.8
◀ Past 5.2● Present 4.4▶ Future 4.9

The grade of Marten Transport, Ltd.

Nine metrics read from its own filings, by tense
Headline grade
4.8/10
◀ Past5.230% of the headline
● Present4.440% of the headline
▶ Future4.930% of the headline

All three tenses have at least two readings, so the archetype blend applies as printed.

All nine metrics read as filed from the record.

◀ Past

What did they actually do?

5.2/1030% of the headline grade · 3 of 3 filed

Surviving crises

as filed
7.7/10

Has it survived what it has been through?

No warning events in its filings since 2017.

weight 33% of this tense · 77th percentile among 13 sector filers · read for itself

From the record

Marten Transport, Ltd.'s filings since 2017 show no warning events in the scan: no bankruptcy or receivership notice, no debt default notice, no exchange listing notice, no restatement warning, no auditor change, no material cyber incident and no late-report notice (its current reports).

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Track record

as filed
4.5/10

What has it actually done, year after year?

+3.1% a year over 10 filed years; profitable in 10 of 10.

weight 45% of this tense · 45th percentile among 13 sector filers · read for its customers

From the record

Marten Transport, Ltd.'s 10 filed years say what it did: revenue went from $671 million in fiscal 2016 to $884 million in fiscal 2025, up 3.1% a year; it rose in 6 of 9 years; the deepest fall was 30% from fiscal 2022 to fiscal 2025; net income was positive in 10 of 10 of those years (its annual reports).

What it rests on

  • revenue growth over the filed span3.1%bottom 12% of its family
  • the share of years revenue rosetop 27% of its family
  • the share of filed years with a profittop 31% of its family
  • the deepest fall from a revenue peak30.1%bottom 27% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Shareholder treatment

as filed
3.1/10

How has it treated the people who own it?

Share count shrank 0.2% a year. 15% of cash flow returned. Insiders: 0 sales, 0 purchases.

weight 22% of this tense · 31st percentile among 13 sector filers · read for its shareholders

From the record

Over the 3 fiscal years to 2025-12-31, Marten Transport, Ltd.'s diluted share count shrank about 0.2% a year, and dividends and buybacks returned about 15% of its operating cash flow over 3 years (its filed statements). Its officers and directors filed 0 sales and 0 purchases of their own stock on the open market in the year to 2026-09-30 (their Form 4 filings).

What it rests on

  • the share count over the yearsbottom 19% of its family
  • cash returned against operating cash flowbottom 42% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

● Present

What are they doing right now?

4.4/1040% of the headline grade · 3 of 3 filed

Financial health

as filed
5.3/10

Is it financially healthy right now?

ROE 2%: 2¢ of profit per shareholder dollar. Leverage 19%: owes 19¢ per asset dollar.

weight 33% of this tense · 53rd percentile among 13 sector filers · read for itself

From the record

Return on equity: in the fiscal year ended 2025-12-31, Marten Transport, Ltd. earned about 2 cents of profit for every dollar of shareholders' money. Leverage: it owed about 19 cents per dollar of assets, and net share issuance: its share count grew 0.1% over the year (the filed statements).

What it rests on

  • what it owes per dollar of assetstop 4% of its family
  • return on equitytop 50% of its family
  • the share count against the year beforebottom 12% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Industry position

as filed
3.5/10

How strong is its position in its industry?

bottom 35% of 13 in its family; net margin 2%.

weight 45% of this tense · 35th percentile among 13 sector filers · read for its customers

From the record

Marten Transport, Ltd.'s standing among 13 graded names in its industry family: revenue of $884 million in fiscal 2025 ranks in the bottom 19% by size; a net margin of 2% ranks in the top 35%; revenue growth of -11.2% a year over the last 3 filed years ranks in the bottom 19% (its annual reports).

What it rests on

  • revenue against the family$884Mbottom 19% of its family
  • net margin2.0%top 35% of its family
  • three-year revenue growth-11.2%bottom 19% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Leadership

as filed
5.0/10

What are the people in charge doing?

top 50% of 13 in its family for leadership; chief executive since 2026.

weight 22% of this tense · 50th percentile among 13 sector filers · read for its shareholders

From the record

Marten Transport, Ltd.'s leadership, from its insiders' filings and its current reports: the chief executive on the record is Marten, Randolph L (Chairman of the Board and CEO, as filed), filing under that title since 2026-02-23, 9 months (bottom 19% of its family); the 11 officers and directors filing in the last fifteen months have been on the record a median of 11.1 years (top 4%); 8 officer or director changes were reported on Form 8-K since 2023-11-13, against the 11 people in charge now (bottom 35%; fewer changes for each person reads higher) (the Form 4 record, its Form 8-K reports). Years count from a person's first filing in the SEC's data sets, which begin in 2006, so each is a floor.

What it rests on

  • officer and director changes on Form 8-K, against the people in charge8 in three years among 11 peoplebottom 35% of its family
  • the median years the people in charge have filed11.1 yearstop 4% of its family
  • the chief executive's years on the record8 monthsbottom 19% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

▶ Future

What are they set up to do next?

4.9/1030% of the headline grade · 3 of 3 filed

Room to expand

as filed
8.5/10

How much room does it have to grow?

top 15% of 13 in its family for room to expand.

weight 22% of this tense · 85th percentile among 13 sector filers · read for itself

From the record

Marten Transport, Ltd.'s room to grow, from the newest filed statements (fiscal 2025): cash of $43 million against no long-term debt tagged leaves 4.6% of its assets as net cash, top 12% of its family; cash from operations less capital spending is 10.6% of revenue (top 19%) (its annual report).

What it rests on

  • cash less debt against assets4.6%top 12% of its family
  • cash from operations less capital spending against revenue10.6%top 19% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Growth drivers

as filed
2.7/10

What could actually drive growth from here?

bottom 27% of 13 in its family for growth drivers.

weight 45% of this tense · 27th percentile among 13 sector filers · read for its customers

From the record

Marten Transport, Ltd.'s growth drivers, from the filed years to fiscal 2025: revenue grew -11.2% a year over the last three filed years against 3.1% over all 10, slowing (bottom 27% of its family); the newest year grew -8.3% (bottom 27%) (its annual reports). Marten Transport, Ltd. reported 4 lines of business in fiscal 2025: Truckload at $422 million, Dedicated at $278 million, Brokerage at $150 million, and 1 more. 1 of 4 grew in the latest filed year, and the largest line is 48% of revenue (its annual report).

What it rests on

  • three-year growth against the whole span-14.3 points a yearbottom 27% of its family
  • the newest year's revenue growth-8.3%bottom 27% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Expectations vs reality

as filed
5.5/10

Did its newest year beat what its own record pointed to?

top 45% of 13 in its family for expectations against reality.

weight 33% of this tense · 55th percentile among 13 sector filers · read for its shareholders

From the record

Marten Transport, Ltd.'s newest year against its own record: revenue of $884 million in fiscal 2025 came in 5% above the $842 million its prior three years' pace pointed to (top 42% of its family); net income of $17 million against a prior three-year average of $69 million (top 50%); a net margin of 2% against 5.9% before (top 42%) (its annual reports).

What it rests on

  • revenue against the prior three years' pace5.0%top 42% of its family
  • net income against the prior three years' average-75%top 50% of its family
  • net margin against its prior average-3.9 pointstop 42% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

The grade is the company against its own industry, from its filings. It is not a view on the share price. How the grade is made

SI Assistanton MRTN · research, not advice