Marten Transport Ltd
Marten Transport, Ltd. operates as a temperature-sensitive truckload carrier for shippers in the United States, Mexico, and Canada. It operates through four segments: Truckload, Dedicated, Intermodal, and Brokerage. The Truckload segment transports food and other consumer packaged goods that require a temperature-controlled or insulated environment, as well as dry freight; and regional short-haul… Read more
Marten Transport Ltd (MRTN) - Net Assets
Latest net assets as of December 2025: $767.62 Million USD
Based on the latest financial reports, Marten Transport Ltd (MRTN) has net assets worth $767.62 Million USD as of December 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($949.77 Million) and total liabilities ($182.14 Million). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $767.62 Million |
| % of Total Assets | 80.82% |
| Annual Growth Rate | 10.04% |
| 5-Year Change | 17.79% |
| 10-Year Change | 75.52% |
| Growth Volatility | 13.02 |
Marten Transport Ltd - Net Assets Trend (1986–2025)
This chart illustrates how Marten Transport Ltd's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Marten Transport Ltd (1986–2025)
The table below shows the annual net assets of Marten Transport Ltd from 1986 to 2025.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | $767.62 Million | -0.04% |
| 2024-12-31 | $767.92 Million | +1.39% |
| 2023-12-31 | $757.39 Million | +7.60% |
| 2022-12-31 | $703.92 Million | +8.02% |
| 2021-12-31 | $651.68 Million | +5.05% |
| 2020-12-31 | $620.33 Million | +3.81% |
| 2019-12-31 | $597.59 Million | +3.76% |
| 2018-12-31 | $575.95 Million | +9.60% |
| 2017-12-31 | $525.50 Million | +20.16% |
| 2016-12-31 | $437.34 Million | +6.82% |
| 2015-12-31 | $409.42 Million | +5.54% |
| 2014-12-31 | $387.93 Million | +8.02% |
| 2013-12-31 | $359.14 Million | +8.20% |
| 2012-12-31 | $331.92 Million | +3.61% |
| 2011-12-31 | $320.36 Million | +8.26% |
| 2010-12-31 | $295.90 Million | +7.64% |
| 2009-12-31 | $274.91 Million | +6.78% |
| 2008-12-31 | $257.45 Million | +8.08% |
| 2007-12-31 | $238.21 Million | +7.35% |
| 2006-12-31 | $221.91 Million | +14.18% |
| 2005-12-31 | $194.35 Million | +15.74% |
| 2004-12-31 | $167.92 Million | +16.18% |
| 2003-12-31 | $144.53 Million | +82.45% |
| 2002-12-31 | $79.22 Million | +9.42% |
| 2001-12-31 | $72.40 Million | +9.95% |
| 2000-12-31 | $65.84 Million | +10.47% |
| 1999-12-31 | $59.60 Million | +11.88% |
| 1998-12-31 | $53.28 Million | +16.57% |
| 1997-12-31 | $45.70 Million | +14.13% |
| 1996-12-31 | $40.04 Million | +4.71% |
| 1995-12-31 | $38.24 Million | +15.52% |
| 1994-12-31 | $33.10 Million | -4.60% |
| 1993-12-31 | $34.70 Million | +22.18% |
| 1992-12-31 | $28.40 Million | +14.52% |
| 1991-12-31 | $24.80 Million | +8.30% |
| 1990-12-31 | $22.90 Million | +8.53% |
| 1989-12-31 | $21.10 Million | -6.22% |
| 1988-12-31 | $22.50 Million | +7.66% |
| 1987-12-31 | $20.90 Million | +13.59% |
| 1986-12-31 | $18.40 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Marten Transport Ltd's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have grown by 9269.1% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | $712.05 Million | 92.76% |
| Common Stock | $815.00K | 0.11% |
| Other Components | $54.76 Million | 7.13% |
| Total Equity | $767.62 Million | 100.00% |
Marten Transport Ltd Competitors by Market Cap
The table below lists competitors of Marten Transport Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
SMU S.A
SN:SMU
|
$673.22 Million |
|
Hanmi Science
KO:008930
|
$673.34 Million |
|
Guizhou Chitianhua Co Ltd
SHG:600227
|
$673.87 Million |
|
PT Vale Indonesia Tbk
F:XT3B
|
$674.14 Million |
|
SKURF
PINK:SKURF
|
$673.09 Million |
|
Terna Energy Societe Anonyme Commercial Technical Company
PINK:TREAF
|
$672.97 Million |
|
Shaanxi Beiyuan Chemical Industry Group Co. Ltd.
SHG:601568
|
$672.97 Million |
|
IOOF Holdings Ltd
PINK:IOOFF
|
$672.61 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Marten Transport Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 767,922,000 to 767,625,000, a change of -297,000 (-0.0%).
- Net income of 17,444,000 contributed positively to equity growth.
- Other factors decreased equity by 17,741,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $17.44 Million | +2.27% |
| Other Changes | $-17.74 Million | -2.31% |
| Total Change | $- | -0.04% |
Book Value vs Market Value Analysis
This analysis compares Marten Transport Ltd's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 1.24x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has decreased from 41.12x to 1.24x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 1986-12-31 | $0.28 | $11.69 | x |
| 1987-12-31 | $0.32 | $11.69 | x |
| 1988-12-31 | $0.35 | $11.69 | x |
| 1989-12-31 | $0.33 | $11.69 | x |
| 1990-12-31 | $0.35 | $11.69 | x |
| 1991-12-31 | $0.38 | $11.69 | x |
| 1992-12-31 | $0.44 | $11.69 | x |
| 1993-12-31 | $0.53 | $11.69 | x |
| 1994-12-31 | $0.26 | $11.69 | x |
| 1995-12-31 | $0.30 | $11.69 | x |
| 1996-12-31 | $0.31 | $11.69 | x |
| 1997-12-31 | $0.36 | $11.69 | x |
| 1998-12-31 | $0.28 | $11.69 | x |
| 1999-12-31 | $0.32 | $11.69 | x |
| 2000-12-31 | $1.24 | $11.69 | x |
| 2001-12-31 | $1.34 | $11.69 | x |
| 2002-12-31 | $1.44 | $11.69 | x |
| 2003-12-31 | $2.21 | $11.69 | x |
| 2004-12-31 | $2.07 | $11.69 | x |
| 2005-12-31 | $2.35 | $11.69 | x |
| 2006-12-31 | $2.69 | $11.69 | x |
| 2007-12-31 | $2.88 | $11.69 | x |
| 2008-12-31 | $3.09 | $11.69 | x |
| 2009-12-31 | $3.31 | $11.69 | x |
| 2010-12-31 | $3.56 | $11.69 | x |
| 2011-12-31 | $3.84 | $11.69 | x |
| 2012-12-31 | $3.97 | $11.69 | x |
| 2013-12-31 | $4.30 | $11.69 | x |
| 2014-12-31 | $4.61 | $11.69 | x |
| 2015-12-31 | $4.86 | $11.69 | x |
| 2016-12-31 | $5.35 | $11.69 | x |
| 2017-12-31 | $6.39 | $11.69 | x |
| 2018-12-31 | $6.96 | $11.69 | x |
| 2019-12-31 | $7.23 | $11.69 | x |
| 2020-12-31 | $7.46 | $11.69 | x |
| 2021-12-31 | $7.81 | $11.69 | x |
| 2022-12-31 | $8.59 | $11.69 | x |
| 2023-12-31 | $9.30 | $11.69 | x |
| 2024-12-31 | $9.43 | $11.69 | x |
| 2025-12-31 | $9.42 | $11.69 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Marten Transport Ltd utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 2.27%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 1.97%
- • Asset Turnover: 0.93x
- • Equity Multiplier: 1.24x
- Recent ROE (2.27%) is below the historical average (9.64%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 1986 | 15.76% | 5.52% | 1.44x | 1.98x | $1.06 Million |
| 1987 | 11.48% | 4.17% | 1.06x | 2.59x | $310.00K |
| 1988 | 4.00% | 1.34% | 1.11x | 2.68x | $-1.35 Million |
| 1989 | -6.64% | -1.91% | 1.20x | 2.89x | $-3.51 Million |
| 1990 | 7.86% | 2.21% | 1.28x | 2.77x | $-490.00K |
| 1991 | 8.47% | 2.39% | 1.28x | 2.77x | $-380.00K |
| 1992 | 11.97% | 3.46% | 1.21x | 2.87x | $560.00K |
| 1993 | 18.44% | 5.70% | 1.16x | 2.79x | $2.93 Million |
| 1994 | 19.26% | 5.19% | 1.16x | 3.19x | $3.06 Million |
| 1995 | 13.10% | 3.64% | 1.12x | 3.22x | $1.18 Million |
| 1996 | 4.07% | 1.12% | 1.06x | 3.45x | $-2.37 Million |
| 1997 | 11.61% | 3.08% | 1.19x | 3.18x | $736.60K |
| 1998 | 14.22% | 3.91% | 1.24x | 2.94x | $2.25 Million |
| 1999 | 14.19% | 3.86% | 1.18x | 3.12x | $2.50 Million |
| 2000 | 12.04% | 3.04% | 1.23x | 3.22x | $1.34 Million |
| 2001 | 9.00% | 2.30% | 1.34x | 2.90x | $-725.90K |
| 2002 | 7.54% | 2.04% | 1.36x | 2.73x | $-1.95 Million |
| 2003 | 8.19% | 3.54% | 1.34x | 1.73x | $-2.61 Million |
| 2004 | 10.44% | 4.61% | 1.32x | 1.72x | $743.90K |
| 2005 | 12.92% | 5.45% | 1.32x | 1.80x | $5.67 Million |
| 2006 | 11.09% | 4.73% | 1.26x | 1.86x | $2.42 Million |
| 2007 | 6.32% | 2.67% | 1.37x | 1.72x | $-8.72 Million |
| 2008 | 7.07% | 2.98% | 1.53x | 1.55x | $-7.50 Million |
| 2009 | 5.95% | 3.22% | 1.22x | 1.52x | $-11.05 Million |
| 2010 | 6.72% | 3.82% | 1.12x | 1.57x | $-9.66 Million |
| 2011 | 7.63% | 4.02% | 1.28x | 1.48x | $-7.53 Million |
| 2012 | 8.28% | 4.27% | 1.30x | 1.49x | $-5.67 Million |
| 2013 | 8.39% | 4.57% | 1.25x | 1.46x | $-5.77 Million |
| 2014 | 7.69% | 4.43% | 1.16x | 1.49x | $-8.96 Million |
| 2015 | 8.73% | 5.38% | 1.05x | 1.54x | $-5.20 Million |
| 2016 | 7.65% | 4.99% | 1.03x | 1.49x | $-10.27 Million |
| 2017 | 17.18% | 12.93% | 1.01x | 1.31x | $37.73 Million |
| 2018 | 9.55% | 6.99% | 1.04x | 1.31x | $-2.57 Million |
| 2019 | 10.22% | 7.24% | 1.04x | 1.35x | $1.31 Million |
| 2020 | 11.20% | 7.95% | 1.03x | 1.36x | $7.47 Million |
| 2021 | 13.11% | 8.77% | 1.10x | 1.36x | $20.26 Million |
| 2022 | 15.68% | 8.73% | 1.29x | 1.39x | $39.96 Million |
| 2023 | 9.29% | 6.22% | 1.14x | 1.31x | $-5.37 Million |
| 2024 | 3.51% | 2.79% | 0.99x | 1.26x | $-49.87 Million |
| 2025 | 2.27% | 1.97% | 0.93x | 1.24x | $-59.32 Million |
Industry Comparison
This section compares Marten Transport Ltd's net assets metrics with peer companies in the Trucking industry.
Industry Context
- Industry: Trucking
- Average net assets among peers: $275,826,894
- Average return on equity (ROE) among peers: -61.72%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Marten Transport Ltd (MRTN) | $767.62 Million | 15.76% | 0.24x | $673.16 Million |
| ArcBest Corp (ARCB) | $233.70 Million | 8.69% | 0.92x | $1.88 Billion |
| BEST Inc (BEST) | $1.72 Billion | -97.58% | 10.50x | $56.09 Million |
| Celadon Group Inc (CGIP) | $53.94 Million | 3.17% | 2.52x | $2.72K |
| Covenant Logistics Group, Inc. (CVLG) | $167.82 Million | 7.08% | 1.33x | $367.33 Million |
| Elite Express Holding Inc. Class A Common Stock (ETS) | $39.96K | -521.47% | 17.10x | $2.63 Million |
| EVO Transportation & Energy Services Inc (EVOA) | $-153.04K | 0.00% | 0.00x | $37.78 Million |
| Knight Transportation Inc (KNX) | $352.93 Million | 17.49% | 0.37x | $8.27 Billion |
| Link Reservations Inc (LRSV) | $-162.49K | 0.00% | 0.00x | $9.26 |
| Mogul Energy International Inc (MGUY) | $1.22 Million | -49.02% | 0.33x | $61.05K |
| Mullen Group Ltd (MLLGF) | $224.33 Million | 14.45% | 0.70x | $744.68 Million |