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
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