Is the business good?
How good a business is MRTN?
Marten Transport, Ltd. earns 1.9% on the capital it employs against a 9.0% cost of capital, so growth costs more than it returns.
1.9%
Return on invested capital · cost of capital 9.0% · 7.1 points below what the capital costs: growth destroys value
- Operating margin
- 1.8%
Operating margin · Trucking median 1.8% · 12 months to Q2 2026
- Share count, year on year
- +0.14%
Share count, year on year · flat: no meaningful dilution
| Year | Operating margin |
|---|---|
| FY2020 | 11% |
| FY2021 | 11% |
| FY2022 | 11% |
| FY2023 | 8.0% |
| FY2024 | 3.5% |
| FY2025 | 2.6% |
Details›
- Operating margin12 months to Q2 2026
- 1.8%
- Net margin12 months to Q2 2026
- 1.5%
- Revenue, trailing twelve months
- $858M
- Net income, trailing twelve months
- $13M
- Return on invested capitaloperating profit after tax ÷ debt + equity − cash
- 1.9%
Margins, capital and share counts from the statements as filed with the SEC; cash conversion from the cash flow statement.