Marten Transport (MRTN) Operating Margin (2010 - 2026)
Marten Transport's Operating Margin came in at 3.09% for Q2 2026, down 1.14 percentage points from 4.23% a year earlier but up 2.31 percentage points from the prior quarter.
Marten Transport (MRTN) Operating Margin (2010 - 2026) Analysis & Trends
Over the trailing twelve months to Jun 30, 2026, Marten Transport reported Operating Margin of 1.85%, down 1.04 percentage points year-over-year; for FY2025, it was 2.59%, down 0.85 percentage points from FY2024.
- Operating Margin has declined in each of the last four years, with a five-year change of -8.07 percentage points (FY2020 to FY2025).
- Going back by year, Operating Margin was 3.45% in FY2024 (-4.52 pp), 7.96% in FY2023 (-3.38 pp), 11.34% in FY2022 (-0.13 pp) and 11.47% in FY2021 (+0.81 pp).
- The five-year range for quarterly Operating Margin is 0.78% (Q1 2026) to 12.48% (Q1 2022).
- Year-over-year, Operating Margin has declined for four consecutive quarters, with an average year-over-year change of -1.71 percentage points over the last eight quarters.
- The fastest year-over-year change in Operating Margin over five years came in Q1 2022 (a gain of 1.72 percentage points), and the weakest in Q2 2024 (a drop of 5.83 percentage points).
- Business Quant data shows MRTN's Operating Margin at 0.78% (Q1 2026), 2.18% (Q4 2025) and 1.24% (Q3 2025) in the three quarters before Q2 2026.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Operating Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Union Pacific | 171.01 Bn | 165.54 Bn | - | 40.25% |
| 2 | Csx | 89.36 Bn | 85.57 Bn | - | 38.27% |
| 3 | United Parcel Service | 84.03 Bn | 60.92 Bn | - | 4.07% |
| 4 | Canadian Pacific Kansas City | 77.35 Bn | 76.37 Bn | - | 35.35% |
| 5 | Norfolk Southern | 73.29 Bn | 67.93 Bn | - | 32.44% |
| 6 | Fedex | 71.17 Bn | 37.11 Bn | - | 6.20% |
| 7 | Delta Air Lines | 50.26 Bn | 32.44 Bn | - | 7.20% |
| 8 | Old Dominion Freight Line | 39.20 Bn | 38.47 Bn | - | 29.94% |
| 9 | United Airlines Holdings | 31.77 Bn | -24.60 Bn | - | 6.20% |
| 10 | Marten Transport | 1.03 Bn | 760.36 Mn | - | 3.09% |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 3.09% |
| Mar 31, 2026 | 0.78% |
| Dec 31, 2025 | 2.18% |
| 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% |
Marten Transport Operating Margin API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=operating-margin&ticker=MRTN&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-margin", "ticker": "MRTN", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=operating-margin&ticker=MRTN&period=max&api_key=YOUR_API_KEY");
const data = await res.json();