Marten Transport (MRTN) Revenue & Revenue Breakdown

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Marten Transport Revenue Highlights

Latest Revenue (Y)

$1.13B

Latest Revenue (Q)

$237.37M

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
2024-09-30	$237.37M	-3.60%
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 $237.37M in revenue during Q3 2024, up -3.60% compared to the previous quarter, and up 83.09% 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
Brokerage	$165.63M	$204.56M	$145.29M	$96.71M	$108.89M
Truckload	$465.48M	$500.46M	$396.67M	$379.15M	$378.00M

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	Sep 24	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
Brokerage	$39.41M	$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
Dedicated	$75.02M	$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
Intermodal	$14.51M	$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
Truckload	$108.42M	$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

Marten Transport's latest quarterly revenue breakdown by segment (product or service), as of Sep 24: Truckload (45.68%), Dedicated (31.61%), Brokerage (16.60%), and Intermodal (6.11%).

Marten Transport Peer Comparison by Revenue

Ticker	Company	Last Year Revenue	Last Quarter Revenue
KNX	Knight-Swift Transportation	$7.14B	$1.88B
SNDR	Schneider National	$5.50B	$1.32B
WERN	Werner Enterprises	$3.28B	$745.70M
ULH	Universal Logistics	$1.66B	$426.83M
HTLD	Heartland Express	$1.21B	$274.75M
MRTN	Marten Transport	$1.13B	$237.37M
CVLG	Covenant Logistics Group	$1.10B	$287.88M
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 Q3 2024 was $237.37M, a -3.60% decrease from the previous quarter (Q2 2024), and a -15.09% decrease year-over-year (Q3 2023). The company'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). MRTN'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).

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, Brokerage, and Truckload. 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. Brokerage generated $165.63M in revenue, accounting 14.64% of the company's total revenue, down -19.03% year-over-year. Truckload generated $465.48M in revenue, accounting 41.14% of the company's total revenue, down -6.99% 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.