Growth Metrics

Marten Transport (MRTN) Operating Expenses (2010 - 2025)

Marten Transport (MRTN) reported Operating Expenses of $205.5 million for Q4 2025, down 8.13% year-over-year from $223.7 million in Q4 2024, and down 5.61% on a QoQ basis from $217.7 million in Q3 2025.

Marten Transport (MRTN) has 16 years of Operating Expenses data on file, last reported at $205.5 million in Q4 2025.

  • Quarterly Operating Expenses fell 8.13% year-over-year to $205.5 million in Q4 2025, while the trailing twelve-month figure through Dec 2025 was $860.7 million (down 7.5% YoY) and the FY2025 annual result came in at $860.7 million, down 7.5% from the prior year.
  • Operating Expenses fell to $205.5 million in Q4 2025 per MRTN's latest filing, from $217.7 million in the prior quarter.
  • Across five years, Operating Expenses topped out at $290.7 million in Q3 2022 and bottomed at $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.
  • The widest annual swing landed in 2022, when Operating Expenses surged 41.54%; it then retreated 12.85% in 2023.
  • Tracing MRTN's Operating Expenses over 5 years: stood at $236.2 million in 2021, then increased by 22.69% to $289.8 million in 2022, then dropped by 12.85% to $252.6 million in 2023, then fell by 11.43% to $223.7 million in 2024, then slipped by 8.13% to $205.5 million in 2025.
  • Per Business Quant, the three latest MRTN Operating Expenses figures stand at $205.5 million (Q4 2025), $217.7 million (Q3 2025), and $220.2 million (Q2 2025).

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 Old Dominion Freight Line 47.65 Bn 47.37 Bn 1.33 Bn 1.02 Bn
2 Xpo 25.84 Bn 25.61 Bn 1.67 Bn 423.00 Mn
3 Saia 12.92 Bn 12.88 Bn - 739.42 Mn
4 Knight-Swift Transportation Holdings 12.67 Bn 12.61 Bn 1.57 Bn 1.82 Bn
5 Schneider National 6.38 Bn 6.12 Bn 1.27 Bn 187.80 Mn
6 Rxo 4.55 Bn 4.53 Bn 254.00 Mn 197.00 Mn
7 Arcbest 3.15 Bn 3.06 Bn 951.93 Mn 995.36 Mn
8 Werner Enterprises 2.55 Bn 2.51 Bn 726.17 Mn 804.62 Mn
9 Marten Transport 1.43 Bn 1.38 Bn 203.18 Mn 205.53 Mn
10 Heartland Express 1.20 Bn 1.16 Bn 167.03 Mn 179.55 Mn

Historic Data

Download Data 🔒
DateValue
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
Dec 31, 2020 201.78 Mn
Sep 30, 2020 191.61 Mn
Jun 30, 2020 187.13 Mn
Mar 31, 2020 200.61 Mn
Dec 31, 2019 198.40 Mn
Sep 30, 2019 194.94 Mn
Jun 30, 2019 192.15 Mn
Mar 31, 2019 181.29 Mn
Dec 31, 2018 184.42 Mn
Sep 30, 2018 180.66 Mn
Jun 30, 2018 178.80 Mn
Mar 31, 2018 173.37 Mn
Dec 31, 2017 168.44 Mn
Sep 30, 2017 157.66 Mn
Jun 30, 2017 155.94 Mn
Mar 31, 2017 159.22 Mn
Dec 31, 2016 158.13 Mn
Sep 30, 2016 155.60 Mn
Jun 30, 2016 151.31 Mn
Mar 31, 2016 147.80 Mn
Dec 31, 2015 153.54 Mn
Sep 30, 2015 156.99 Mn
Jun 30, 2015 149.43 Mn
Mar 31, 2015 143.98 Mn
Dec 31, 2014 157.16 Mn
Sep 30, 2014 158.51 Mn
Jun 30, 2014 155.49 Mn
Mar 31, 2014 150.77 Mn
Dec 31, 2013 153.54 Mn
Sep 30, 2013 153.45 Mn
Jun 30, 2013 148.29 Mn
Mar 31, 2013 151.94 Mn
Dec 31, 2012 153.20 Mn
Sep 30, 2012 153.77 Mn
Jun 30, 2012 143.68 Mn
Mar 31, 2012 141.96 Mn
Dec 31, 2011 145.39 Mn
Sep 30, 2011 145.24 Mn
Jun 30, 2011 139.78 Mn
Mar 31, 2011 130.25 Mn
Dec 31, 2010 127.50 Mn
Sep 30, 2010 118.69 Mn
Jun 30, 2010 116.67 Mn