Marten Transport (MRTN) Revenue & Revenue Breakdown
Marten Transport Revenue Highlights
Latest Revenue (Y)
$1.13B
Latest Revenue (Q)
$246.24M
Main Segment (Y)
Truckload
Marten Transport Revenue by Period
Marten Transport Revenue by Year
| Date | Revenue | Change |
|---|---|---|
| 2023-12-31 | $1.13B | -10.48% |
| 2022-12-31 | $1.26B | 29.81% |
| 2021-12-31 | $973.64M | 11.35% |
| 2020-12-31 | $874.37M | 3.69% |
| 2019-12-31 | $843.27M | 7.07% |
| 2018-12-31 | $787.59M | 12.82% |
| 2017-12-31 | $698.12M | 4.02% |
| 2016-12-31 | $671.14M | 0.92% |
| 2015-12-31 | $664.99M | -1.18% |
| 2014-12-31 | $672.93M | 2.08% |
| 2013-12-31 | $659.21M | 3.25% |
| 2012-12-31 | $638.46M | 5.76% |
| 2011-12-31 | $603.68M | 16.78% |
| 2010-12-31 | $516.92M | 2.18% |
| 2009-12-31 | $505.87M | -16.67% |
| 2008-12-31 | $607.10M | 8.41% |
| 2007-12-31 | $560.02M | 7.93% |
| 2006-12-31 | $518.89M | 12.75% |
| 2005-12-31 | $460.20M | 21.09% |
| 2004-12-31 | $380.05M | 13.56% |
| 2003-12-31 | $334.67M | 14.18% |
| 2002-12-31 | $293.10M | 3.65% |
| 2001-12-31 | $282.76M | 8.42% |
| 2000-12-31 | $260.80M | 18.98% |
| 1999-12-31 | $219.20M | 13.20% |
| 1998-12-31 | $193.65M | 12.32% |
| 1997-12-31 | $172.41M | 17.97% |
| 1996-12-31 | $146.15M | 6.13% |
| 1995-12-31 | $137.70M | 12.20% |
| 1994-12-31 | $122.73M | 9.39% |
| 1993-12-31 | $112.20M | - |
Marten Transport generated $1.13B in revenue during NA 2023, up -10.48% compared to the previous quarter, and up 143.66% compared to the same period a year ago.
Marten Transport Revenue by Quarter
| Date | Revenue | Change |
|---|---|---|
| 2024-06-30 | $246.24M | -1.38% |
| 2024-03-31 | $249.67M | -6.92% |
| 2023-12-31 | $268.22M | -4.05% |
| 2023-09-30 | $279.54M | -2.15% |
| 2023-06-30 | $285.67M | -4.14% |
| 2023-03-31 | $298.02M | -7.61% |
| 2022-12-31 | $322.58M | -0.57% |
| 2022-09-30 | $324.45M | -1.55% |
| 2022-06-30 | $329.56M | 14.72% |
| 2022-03-31 | $287.28M | 7.65% |
| 2021-12-31 | $266.88M | 6.21% |
| 2021-09-30 | $251.28M | 8.10% |
| 2021-06-30 | $232.44M | 4.21% |
| 2021-03-31 | $223.05M | -1.89% |
| 2020-12-31 | $227.33M | 5.24% |
| 2020-09-30 | $216.01M | 1.71% |
| 2020-06-30 | $212.38M | -2.86% |
| 2020-03-31 | $218.65M | 0.67% |
| 2019-12-31 | $217.19M | 1.03% |
| 2019-09-30 | $214.97M | 1.36% |
| 2019-06-30 | $212.09M | 6.57% |
| 2019-03-31 | $199.02M | -2.42% |
| 2018-12-31 | $203.96M | 2.16% |
| 2018-09-30 | $199.65M | 1.33% |
| 2018-06-30 | $197.02M | 5.38% |
| 2018-03-31 | $186.96M | 2.29% |
| 2017-12-31 | $182.77M | 7.08% |
| 2017-09-30 | $170.68M | -0.49% |
| 2017-06-30 | $171.51M | -0.95% |
| 2017-03-31 | $173.16M | 0.29% |
| 2016-12-31 | $172.66M | 1.29% |
| 2016-09-30 | $170.46M | 2.63% |
| 2016-06-30 | $166.09M | 2.57% |
| 2016-03-31 | $161.93M | -4.06% |
| 2015-12-31 | $168.77M | -1.50% |
| 2015-09-30 | $171.35M | 4.74% |
| 2015-06-30 | $163.59M | 1.43% |
| 2015-03-31 | $161.29M | -7.06% |
| 2014-12-31 | $173.55M | 1.16% |
| 2014-09-30 | $171.55M | 1.86% |
| 2014-06-30 | $168.42M | 5.65% |
| 2014-03-31 | $159.41M | -4.10% |
| 2013-12-31 | $166.22M | -0.53% |
| 2013-09-30 | $167.10M | 3.53% |
| 2013-06-30 | $161.41M | -1.86% |
| 2013-03-31 | $164.47M | -1.16% |
| 2012-12-31 | $166.41M | 1.72% |
| 2012-09-30 | $163.61M | 4.23% |
| 2012-06-30 | $156.96M | 3.62% |
| 2012-03-31 | $151.47M | -4.34% |
| 2011-12-31 | $158.34M | 1.27% |
| 2011-09-30 | $156.35M | 3.45% |
| 2011-06-30 | $151.13M | 9.63% |
| 2011-03-31 | $137.86M | 0.94% |
| 2010-12-31 | $136.57M | 6.14% |
| 2010-09-30 | $128.67M | 2.23% |
| 2010-06-30 | $125.86M | 0.04% |
| 2010-03-31 | $125.81M | -2.26% |
| 2009-12-31 | $128.72M | -0.52% |
| 2009-09-30 | $129.40M | 2.85% |
| 2009-06-30 | $125.80M | 3.16% |
| 2009-03-31 | $121.95M | -13.11% |
| 2008-12-31 | $140.35M | -14.09% |
| 2008-09-30 | $163.38M | 2.11% |
| 2008-06-30 | $159.99M | 11.59% |
| 2008-03-31 | $143.37M | -0.99% |
| 2007-12-31 | $144.81M | - |
Marten Transport generated $246.24M in revenue during Q2 2024, up -1.38% compared to the previous quarter, and up 82.62% compared to the same period a year ago.
Marten Transport Revenue Breakdown
Marten Transport Revenue Breakdown by Product
Annual Revenue by Product
| Product/Service | Dec 23 | Dec 22 | Dec 21 | Dec 20 | Dec 19 |
|---|---|---|---|---|---|
| Intermodal | $92.08M | $129.76M | $102.25M | $88.73M | $90.39M |
| Dedicated | $408.27M | $429.09M | $329.44M | $309.78M | $265.98M |
| Truckload | $465.48M | $500.46M | $396.67M | $379.15M | $378.00M |
| Brokerage | $165.63M | $204.56M | $145.29M | $96.71M | $108.89M |
Marten Transport's latest annual revenue breakdown by segment (product or service), as of Dec 23: Truckload (41.14%), Dedicated (36.08%), Brokerage (14.64%), and Intermodal (8.14%).
Quarterly Revenue by Product
| Product/Service | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | Jun 19 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Truckload | $111.55M | $113.48M | $114.23M | $117.14M | $120.63M | $131.32M | $129.38M | $126.97M | $112.79M | $106.19M | $99.62M | $95.94M | $94.92M | $96.19M | $93.62M | $94.20M | $95.13M | $95.27M | $94.99M | $96.02M |
| Brokerage | $35.69M | $40.62M | $41.47M | $41.18M | $42.36M | $50.25M | $52.95M | $55.27M | $46.09M | $43.86M | $42.75M | $30.79M | $27.89M | $27.38M | $22.07M | $22.46M | $24.80M | $26.48M | $27.36M | $28.45M |
| Dedicated | $86.46M | $95.04M | $101.80M | $104.98M | $106.45M | $111.76M | $110.22M | $110.36M | $96.76M | $88.92M | $82.16M | $80.12M | $78.24M | $80.98M | $78.34M | $75.43M | $75.04M | $70.92M | $70.33M | $67.01M |
| Intermodal | $15.97M | $19.08M | $22.05M | $22.36M | $28.59M | $29.25M | $31.90M | $36.97M | $31.64M | $27.90M | $26.75M | $25.59M | $22.00M | $22.78M | $21.98M | $20.30M | $23.68M | $24.52M | $22.30M | $20.60M |
Marten Transport's latest quarterly revenue breakdown by segment (product or service), as of Mar 24: Truckload (44.68%), Dedicated (34.63%), Brokerage (14.29%), and Intermodal (6.40%).
Marten Transport Peer Comparison by Revenue
| Ticker | Company | Last Year Revenue | Last Quarter Revenue |
|---|---|---|---|
| KNX | Knight-Swift Transportation | $7.14B | $1.85B |
| SNDR | Schneider National | $5.50B | $1.32B |
| WERN | Werner Enterprises | $3.28B | $760.80M |
| ULH | Universal Logistics | $1.66B | $462.16M |
| HTLD | Heartland Express | $1.21B | $274.75M |
| MRTN | Marten Transport | $1.13B | $246.24M |
| CVLG | Covenant Logistics Group | $1.10B | $287.50M |
| PATI | Patriot Transportation | $94.78M | $24.22M |
MRTN Revenue FAQ
What is Marten Transport’s yearly revenue?
Marten Transport's yearly revenue for 2023 was $1.13B, representing a decrease of -10.48% compared to 2022. The company's yearly revenue for 2022 was $1.26B, representing an increase of 29.81% compared to 2021. MRTN's yearly revenue for 2021 was $973.64M, representing an increase of 11.35% compared to 2020.
What is Marten Transport’s quarterly revenue?
Marten Transport's quarterly revenue for Q2 2024 was $246.24M, a -1.38% decrease from the previous quarter (Q1 2024), and a -13.80% decrease year-over-year (Q2 2023). The company's quarterly revenue for Q1 2024 was $249.67M, a -6.92% decrease from the previous quarter (Q4 2023), and a -16.22% decrease year-over-year (Q1 2023). MRTN's quarterly revenue for Q4 2023 was $268.22M, a -4.05% decrease from the previous quarter (Q3 2023), and a -16.85% decrease year-over-year (Q4 2022).
What is Marten Transport’s revenue growth rate?
Marten Transport's revenue growth rate for the last 3 years (2021-2023) was 16.21%, and for the last 5 years (2019-2023) was 34.17%.
What are Marten Transport’s revenue streams?
Marten Transport's revenue streams in c 23 are Intermodal, Dedicated, Truckload, and Brokerage. Intermodal generated $92.08M in revenue, accounting 8.14% of the company's total revenue, down -29.04% year-over-year. Dedicated generated $408.27M in revenue, accounting 36.08% of the company's total revenue, down -4.85% year-over-year. Truckload generated $465.48M in revenue, accounting 41.14% of the company's total revenue, down -6.99% year-over-year. Brokerage generated $165.63M in revenue, accounting 14.64% of the company's total revenue, down -19.03% year-over-year.
What is Marten Transport’s main source of revenue?
For the fiscal year ending Dec 23, the largest source of revenue of Marten Transport was Truckload. This segment made a revenue of $465.48M, representing 41.14% of the company's total revenue.