Marten Transport (MRTN) Operating Expenses (2010 - 2026)
Marten Transport (MRTN) posted quarterly 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% quarter-over-quarter from $217.7 million in Q3 2025.
Marten Transport (MRTN) Operating Expenses (2010 - 2026) Analysis & Trends
Marten Transport (MRTN) has reported Operating Expenses for 16 consecutive years, with $205.5 million the latest figure, recorded in 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 slipped 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.
- Historically, Operating Expenses has averaged $240.8 million across 5 years, with a median of $236.2 million in 2021.
- Annual changes were most pronounced in 2022 — Operating Expenses jumped 41.54% — and 2023, when it slipped 12.85%.
- Marten Transport's Operating Expenses stood at $236.2 million in 2021, then advanced by 22.69% to $289.8 million in 2022, then retreated by 12.85% to $252.6 million in 2023, then slipped by 11.43% to $223.7 million in 2024, then fell by 8.13% to $205.5 million in 2025.
- Business Quant data shows MRTN's Operating Expenses at $205.5 million in Q4 2025, $217.7 million in Q3 2025, and $220.2 million in Q2 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Old Dominion Freight Line | 42.49 Bn | 42.21 Bn | 1.52 Bn | 1.09 Bn |
| 2 | Xpo | 23.08 Bn | 22.78 Bn | 1.89 Bn | 476.00 Mn |
| 3 | TFI International | 11.47 Bn | 11.26 Bn | - | 2.07 Bn |
| 4 | Knight-Swift Transportation Holdings | 11.33 Bn | 11.14 Bn | 1.77 Bn | 1.99 Bn |
| 5 | Saia | 9.61 Bn | 9.53 Bn | - | 831.28 Mn |
| 6 | Schneider National | 6.15 Bn | 5.63 Bn | 1.00 Bn | 1.50 Bn |
| 7 | Rxo | 3.68 Bn | 3.66 Bn | 302.00 Mn | 218.00 Mn |
| 8 | Arcbest | 3.03 Bn | 2.86 Bn | 1.14 Bn | 1.21 Bn |
| 9 | Werner Enterprises | 2.28 Bn | 2.23 Bn | - | 917.01 Mn |
| 10 | Marten Transport | 1.20 Bn | 1.09 Bn | 184.72 Mn | 216.63 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 216.63 Mn |
| 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 |