Marten Transport (MRTN) Asset Utilization Ratio (2011 - 2026)
Marten Transport's Asset Utilization Ratio came in at 0.90 for Q2 2026, down 3.3% from 0.93 a year earlier and down 1.0% from the prior quarter.
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Analysis
Marten Transport (MRTN) Asset Utilization Ratio (2011 - 2026) Analysis & Trends
For FY2025, Marten Transport's Asset Utilization Ratio was 0.92, down 6.4% from FY2024.
- Asset Utilization Ratio has declined in each of the last three years.
- Going back by year, Asset Utilization Ratio was 0.98 in FY2024 (-15.0%), 1.16 in FY2023 (-16.0%), 1.38 in FY2022 (+20.3%) and 1.14 in FY2021 (+6.5%).
- The Q2 2026 figure represents the lowest quarterly Asset Utilization Ratio in data going back to Q3 2011.
- Year-over-year, Asset Utilization Ratio has declined for 13 consecutive quarters, with an average decline of 9.4% over the last eight quarters.
- The fastest year-over-year change in Asset Utilization Ratio over five years came in Q3 2022 (growth of 24.3%), and the weakest in Q1 2024 (a decline of 16.7%).
- Business Quant data shows MRTN's Asset Utilization Ratio at 0.91 (Q1 2026), 0.92 (Q4 2025) and 0.92 (Q3 2025) in the three quarters before Q2 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Asset Util. (Qtr) |
|---|---|---|---|---|---|
| 1 | Union Pacific | 171.17 Bn | 165.70 Bn | - | 0.36 |
| 2 | Csx | 89.07 Bn | 85.28 Bn | - | 0.33 |
| 3 | United Parcel Service | 83.92 Bn | 60.81 Bn | - | 1.26 |
| 4 | Canadian Pacific Kansas City | 77.77 Bn | 76.79 Bn | - | 0.18 |
| 5 | Norfolk Southern | 73.20 Bn | 67.84 Bn | - | 0.28 |
| 6 | Fedex | 70.35 Bn | 36.29 Bn | - | 0.98 |
| 7 | Delta Air Lines | 49.88 Bn | 32.06 Bn | - | 0.83 |
| 8 | Old Dominion Freight Line | 38.98 Bn | 38.24 Bn | - | 0.98 |
| 9 | United Airlines Holdings | 31.85 Bn | -24.53 Bn | - | 0.76 |
| 10 | Marten Transport | 1.03 Bn | 759.55 Mn | - | 0.90 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 0.90 |
| Mar 31, 2026 | 0.91 |
| Dec 31, 2025 | 0.92 |
| Sep 30, 2025 | 0.92 |
| Jun 30, 2025 | 0.93 |
| Mar 31, 2025 | 0.96 |
| Dec 31, 2024 | 0.98 |
| Sep 30, 2024 | 1.00 |
| Jun 30, 2024 | 1.04 |
| Mar 31, 2024 | 1.09 |
| Dec 31, 2023 | 1.14 |
| Sep 30, 2023 | 1.19 |
| Jun 30, 2023 | 1.24 |
| Mar 31, 2023 | 1.31 |
| Dec 31, 2022 | 1.33 |
| Sep 30, 2022 | 1.30 |
| Jun 30, 2022 | 1.26 |
| Mar 31, 2022 | 1.18 |
| Dec 31, 2021 | 1.10 |
| Sep 30, 2021 | 1.05 |
API Access
Marten Transport Asset Utilization Ratio API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=asset-utilization-ratio&ticker=MRTN&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "asset-utilization-ratio", "ticker": "MRTN", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=asset-utilization-ratio&ticker=MRTN&period=max&api_key=YOUR_API_KEY");
const data = await res.json();