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

Marten Transport (MRTN) posted quarterly Operating Margin of 6.29% for Q4 2025, down 921.0% YoY from 0.77% in Q4 2024, and down 606.34% sequentially from 1.24% in Q3 2025.

Marten Transport (MRTN) Operating Margin (2010 - 2025) Analysis & Trends

Marten Transport has disclosed Operating Margin across 16 years of filings, most recently posting 6.29% for Q4 2025.

  • In Q4 2025, Operating Margin fell 921.0% year-over-year to 6.29%; the TTM figure through Dec 2025 stood at 0.58% (down 287.0% YoY), while the FY2025 annual figure was 0.58%, down 287.0% from the prior year.
  • Operating Margin fell to 6.29% in Q4 2025, from 1.24% in the prior quarter.
  • Over the last five years, Operating Margin for MRTN reached as high as 12.48% in Q1 2022 and fell as low as 6.29% in Q4 2025.
  • The 5-year median for Operating Margin is 7.95% (2023), against an average of 6.92%.
  • Annual changes were most pronounced in 2021 — Operating Margin soared 251 bps — and 2025, when it tumbled 921 bps.
  • A 5-year view of Operating Margin shows it stood at 11.49% in 2021, then slipped by 12 bps to 10.16% in 2022, then tumbled by 43 bps to 5.84% in 2023, then plunged by 50 bps to 2.92% in 2024, then sank by 315 bps to 6.29% in 2025.
  • According to Business Quant data, Operating Margin over the past three periods registered 6.29%, 1.24%, and 4.23% for Q4 2025, Q3 2025, and Q2 2025 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Operating Margin (Qtr)
1 TFI International 160.26 Bn 160.08 Bn 963.70 Mn -45.60%
2 Old Dominion Freight Line 45.40 Bn 45.11 Bn 1.33 Bn 23.78%
3 Xpo 24.25 Bn 24.01 Bn 1.67 Bn 8.30%
4 Knight-Swift Transportation Holdings 12.57 Bn 12.51 Bn 1.57 Bn 1.54%
5 Saia 11.19 Bn 11.15 Bn - 8.29%
6 Schneider National 6.37 Bn 6.11 Bn 1.27 Bn 2.39%
7 Rxo 4.69 Bn 4.67 Bn 254.00 Mn -1.96%
8 Arcbest 3.12 Bn 3.04 Bn 951.93 Mn 0.34%
9 Werner Enterprises 2.63 Bn 2.59 Bn 726.17 Mn 0.49%
10 Marten Transport 1.42 Bn 1.37 Bn 203.18 Mn -6.29%

Historic Data

Download Data
DateValue
Dec 31, 2025 -6.29%
Sep 30, 2025 1.24%
Jun 30, 2025 4.23%
Mar 31, 2025 2.63%
Dec 31, 2024 2.92%
Sep 30, 2024 1.80%
Jun 30, 2024 4.05%
Mar 31, 2024 4.91%
Dec 31, 2023 5.84%
Sep 30, 2023 6.16%
Jun 30, 2023 9.88%
Mar 31, 2023 9.73%
Dec 31, 2022 10.16%
Sep 30, 2022 10.41%
Jun 30, 2022 12.42%
Mar 31, 2022 12.48%
Dec 31, 2021 11.49%
Sep 30, 2021 11.34%
Jun 30, 2021 12.27%
Mar 31, 2021 10.76%