Marten Transport (MRTN) Gross Margin (2010 - 2025)
Marten Transport (MRTN) posted quarterly Gross Margin of 96.7% for Q4 2025, up 6011.0% YoY from 1.58% in Q4 2024, and little changed sequentially from 96.41% in Q3 2025.
Marten Transport (MRTN) Gross Margin (2010 - 2025) Analysis & Trends
Marten Transport has disclosed Gross Margin across 16 years of filings, most recently posting 96.7% for Q4 2025.
- In Q4 2025, Gross Margin rose 6011.0% year-over-year to 96.7%; the TTM figure through Dec 2025 stood at 93.19% (up 2183.0% YoY), while the FY2025 annual figure was 96.5%, up 1406.0% from the prior year.
- Gross Margin was little changed at 96.7% in Q4 2025, from 96.41% in the prior quarter.
- Over the last five years, Gross Margin for MRTN reached as high as 97.58% in Q1 2021 and fell as low as 36.59% in Q4 2024.
- The 5-year median for Gross Margin is 96.53% (2023), against an average of 87.8%.
- Annual changes were most pronounced in 2024 — Gross Margin sank 4579 bps — and 2025, when it surged 6011 bps.
- A 5-year view of Gross Margin shows it stood at 96.89% in 2021, then rose by 0 bps to 97.09% in 2022, then retreated by 15 bps to 82.38% in 2023, then sank by 56 bps to 36.59% in 2024, then surged by 164 bps to 96.7% in 2025.
- According to Business Quant data, Gross Margin over the past three periods registered 96.7%, 96.41%, and 96.65% for Q4 2025, Q3 2025, and Q2 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | TFI International | 160.26 Bn | 160.08 Bn | 963.70 Mn | 49.44% |
| 2 | Old Dominion Freight Line | 45.40 Bn | 45.11 Bn | 1.33 Bn | 99.64% |
| 3 | Xpo | 24.25 Bn | 24.01 Bn | 1.67 Bn | 79.82% |
| 4 | Knight-Swift Transportation Holdings | 12.57 Bn | 12.51 Bn | 1.57 Bn | 84.94% |
| 5 | Saia | 11.19 Bn | 11.15 Bn | - | - |
| 6 | Schneider National | 6.37 Bn | 6.11 Bn | 1.27 Bn | 91.13% |
| 7 | Rxo | 4.69 Bn | 4.67 Bn | 254.00 Mn | 17.82% |
| 8 | Arcbest | 3.12 Bn | 3.04 Bn | 951.93 Mn | 95.31% |
| 9 | Werner Enterprises | 2.63 Bn | 2.59 Bn | 726.17 Mn | 89.80% |
| 10 | Marten Transport | 1.42 Bn | 1.37 Bn | 203.18 Mn | 96.70% |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2025 | 96.70% |
| Sep 30, 2025 | 96.41% |
| Jun 30, 2025 | 96.65% |
| Mar 31, 2025 | 83.13% |
| Dec 31, 2024 | 36.59% |
| Sep 30, 2024 | 81.10% |
| Jun 30, 2024 | 82.44% |
| Mar 31, 2024 | 83.25% |
| Dec 31, 2023 | 82.38% |
| Sep 30, 2023 | 96.87% |
| Jun 30, 2023 | 96.65% |
| Mar 31, 2023 | 81.85% |
| Dec 31, 2022 | 97.09% |
| Sep 30, 2022 | 80.15% |
| Jun 30, 2022 | 97.09% |
| Mar 31, 2022 | 96.91% |
| Dec 31, 2021 | 96.89% |
| Sep 30, 2021 | 78.96% |
| Jun 30, 2021 | 97.38% |
| Mar 31, 2021 | 97.58% |