Marten Transport, Ltd. operates as a temperature-sensitive truckload carrier for shippers in the United States, Canada, and Mexico. It operates through four segments: Truckload, Dedicated, Intermodal, and Brokerage. The Truckload segment transports food and other consumer packaged goods that require a temperature-controlled or insulated environment. The Dedicated segment offers customized transportation solutions for individual customers' requirements using temperature-controlled trailers, dry vans, and other specialized equipment. The Intermodal segment transports customers' freight utilizing its refrigerated containers and temperature-controlled trailers on railroad flatcars for portions of trips, as well as using tractors and contracted carriers. The Brokerage segment develops contractual relationships with and arranges for third-party carriers to transport freight for customers in temperature-controlled trailers and dry vans. As of December 31, 2021, the company operated a fleet of 3,204 tractors, including 3,111 company-owned tractors and 93 tractors supplied by independent contractors. Marten Transport, Ltd. was founded in 1946 and is headquartered in Mondovi, Wisconsin.
Revenue of Marten Transport, Ltd. (MRTN)
Revenue in 2023 (TTM): $1.13 B
According to Marten Transport, Ltd.'s latest financial reports the company's current revenue (TTM) is $1.13 B. The revenue is the total amount of income that a company generates by the sale of goods or services. Unlike with the earnings no expenses are subtracted.
Revenue history of Marten Transport, Ltd.
Annual Revenue
| Year | Revenue | Gross Profit | Ebitda | Income Before Tax | Net Income |
|---|---|---|---|---|---|
| 2023 | $1.13 B | $121.67 M | $193.22 M | $93.92 M | $70.37 M |
| 2022 | $1.26 B | $238.5 M | $240.98 M | $144.17 M | $110.35 M |
| 2021 | $973.64 M | $183.15 M | $197.96 M | $111.73 M | $85.43 M |
| 2020 | $874.37 M | $170.77 M | $185.69 M | $93.39 M | $69.5 M |
| 2019 | $843.27 M | $146.95 M | $162.96 M | $77.69 M | $61.07 M |
| 2018 | $787.59 M | $139.87 M | $151.69 M | $71.03 M | $55.03 M |
| 2017 | $698.12 M | $121.56 M | $135.48 M | $56.47 M | $90.28 M |
| 2016 | $671.14 M | $115.17 M | $130.25 M | $57.07 M | $33.46 M |
| 2015 | $664.99 M | $114.29 M | $126.7 M | $60.69 M | $35.75 M |
| 2014 | $672.93 M | $102.78 M | $114.86 M | $51.67 M | $29.83 M |
| 2013 | $659.21 M | $96.14 M | $110.5 M | $52.39 M | $30.15 M |
| 2012 | $638.46 M | $86.53 M | $101.46 M | $45.9 M | $27.27 M |
| 2011 | $603.68 M | $281.07 M | $100.59 M | $43.05 M | $24.29 M |
| 2010 | $516.92 M | $289.51 M | $87.23 M | $34.68 M | $19.74 M |
| 2009 | $505.87 M | $300.97 M | $82.57 M | $28.74 M | $16.27 M |
| 2008 | $607.1 M | $311.3 M | $82.59 M | $30.63 M | $18.07 M |
| 2007 | $560.02 M | $213.54 M | $75.5 M | $23.87 M | $14.97 M |
| 2006 | $518.89 M | $209.24 M | $85.53 M | $37.94 M | $24.52 M |
| 2005 | $460.2 M | $191.13 M | $82.82 M | $41.49 M | $25.06 M |
| 2004 | $380.05 M | $156.84 M | $65.6 M | $30.71 M | $17.54 M |
| 2003 | $334.67 M | $141.26 M | $20.34 M | $19.1 M | $11.84 M |
| 2002 | $293.1 M | $119.8 M | $11.86 M | $9.63 M | $5.97 M |
| 2001 | $282.76 M | $122.01 M | $-118,654,000 | $10.51 M | $6.51 M |
| 2000 | $260.8 M | $117.25 M | $31.29 M | $12.79 M | $7.93 M |
| 1999 | $219.2 M | $100.2 M | $-80,691,000 | $13.86 M | $8.46 M |
| 1998 | $193.65 M | $93.06 M | $-65,519,000 | $12.62 M | $7.57 M |
| 1997 | $172.41 M | $82.93 M | $-59,398,000 | $8.85 M | $5.31 M |
| 1996 | $146.15 M | $66.39 M | $-57,583,000 | $2.72 M | $1.63 M |
| 1995 | $137.7 M | $69.59 M | $-42,277,000 | $8.35 M | $5.01 M |
| 1994 | $122.73 M | $65.06 M | $-32,000,000 | $10.63 M | $6.38 M |
| 1993 | $112.2 M | $74.4 M | $30.1 M | $9.1 M | $6.4 M |
| 1992 | $98.2 M | $70.5 M | $27 M | $5.6 M | $3.4 M |
| 1991 | $87.8 M | $61.9 M | $23.4 M | $3.4 M | $2.1 M |
| 1990 | $81.3 M | $56.9 M | $21.2 M | $2.9 M | $1.8 M |
| 1989 | $73.3 M | $47.5 M | $16.8 M | $-1,900,000 | $-1,400,000 |
| 1988 | $67.2 M | $45.5 M | $18.7 M | $1.5 M | $900 K |
| 1987 | $57.6 M | $34.3 M | $17 M | $4.2 M | $2.4 M |
| 1986 | $52.5 M | $28.5 M | $11.6 M | $4.9 M | $2.9 M |