Marten Transport (MRTN) Operating Expenses (2010 - 2025)
Marten Transport (MRTN) posted quarterly Operating Expenses of $205.5 million for Q4 2025, down 8.13% YoY from $223.7 million in Q4 2024, and down 5.61% sequentially from $217.7 million in Q3 2025.
Marten Transport (MRTN) Operating Expenses (2010 - 2025) Analysis & Trends
Marten Transport has disclosed Operating Expenses across 16 years of filings, most recently posting $205.5 million for Q4 2025.
- In Q4 2025, Operating Expenses fell 8.13% year-over-year to $205.5 million; the TTM figure through Dec 2025 stood at $860.7 million (down 7.5% YoY), while the FY2025 annual figure was $860.7 million, down 7.5% from the prior year.
- Operating Expenses retreated to $205.5 million in Q4 2025, from $217.7 million in the prior quarter.
- Over the last five years, Operating Expenses for MRTN reached as high as $290.7 million in Q3 2022 and fell as low as $199.0 million in Q1 2021.
- The 5-year median for Operating Expenses is $236.2 million (2021), against an average of $240.8 million.
- Annual changes were most pronounced in 2022 — Operating Expenses jumped 41.54% — and 2023, when it slipped 12.85%.
- A 5-year view of Operating Expenses shows it stood at $236.2 million in 2021, then gained by 22.69% to $289.8 million in 2022, then fell by 12.85% to $252.6 million in 2023, then decreased by 11.43% to $223.7 million in 2024, then declined by 8.13% to $205.5 million in 2025.
- According to Business Quant data, Operating Expenses over the past three periods registered $205.5 million, $217.7 million, and $220.2 million for Q4 2025, Q3 2025, and Q2 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | TFI International | 160.26 Bn | 160.08 Bn | 963.70 Mn | 1.85 Bn |
| 2 | Old Dominion Freight Line | 45.40 Bn | 45.11 Bn | 1.33 Bn | 1.02 Bn |
| 3 | Xpo | 24.25 Bn | 24.01 Bn | 1.67 Bn | 423.00 Mn |
| 4 | Knight-Swift Transportation Holdings | 12.57 Bn | 12.51 Bn | 1.57 Bn | 1.82 Bn |
| 5 | Saia | 11.19 Bn | 11.15 Bn | - | 739.42 Mn |
| 6 | Schneider National | 6.37 Bn | 6.11 Bn | 1.27 Bn | 187.80 Mn |
| 7 | Rxo | 4.69 Bn | 4.67 Bn | 254.00 Mn | 197.00 Mn |
| 8 | Arcbest | 3.12 Bn | 3.04 Bn | 951.93 Mn | 995.36 Mn |
| 9 | Werner Enterprises | 2.63 Bn | 2.59 Bn | 726.17 Mn | 804.62 Mn |
| 10 | Marten Transport | 1.42 Bn | 1.37 Bn | 203.18 Mn | 205.53 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2025 | 205.53 Mn |
| Sep 30, 2025 | 217.73 Mn |
| Jun 30, 2025 | 220.19 Mn |
| Mar 31, 2025 | 217.29 Mn |
| Dec 31, 2024 | 223.71 Mn |
| Sep 30, 2024 | 233.10 Mn |
| Jun 30, 2024 | 236.26 Mn |
| Mar 31, 2024 | 237.42 Mn |
| Dec 31, 2023 | 252.57 Mn |
| Sep 30, 2023 | 262.31 Mn |
| Jun 30, 2023 | 257.46 Mn |
| Mar 31, 2023 | 269.01 Mn |
| Dec 31, 2022 | 289.80 Mn |
| Sep 30, 2022 | 290.68 Mn |
| Jun 30, 2022 | 288.63 Mn |
| Mar 31, 2022 | 251.42 Mn |
| Dec 31, 2021 | 236.20 Mn |
| Sep 30, 2021 | 222.78 Mn |
| Jun 30, 2021 | 203.92 Mn |
| Mar 31, 2021 | 199.05 Mn |