Marten Transport, Ltd.

MRTNNASDAQIndustrials● Active

$18.21

+$0.46(+2.56%)

Market Cap$1.5B

P/E Ratio—

52W High$17.98

52W Low$9.35

Avg Volume865K

Open$17.75

Beta0.95

Overview

Marten Transport, Ltd. (MRTN) Free Cash Flow & Analysis

Annual & trailing free cash flow, FCF margin, YoY change, valuation ratios, and peer context.

MRTN · free cash flow · updated Jun 8, 2026

Core FCF metrics

MRTN · FCF · TTM · margin & CAGR

Free cash flow was −$51.1M for FY2025 (fiscal year ending 2025-12-31), up 48.1% year-over-year The FCF margin was -5.8%.

FY2025 Free Cash Flow−$51.1M▲ +48.1% YoY

Trailing 12M (TTM)−$47.3Mtrailing 4 quarters sum

FCF Margin-5.8%−$51.1M ÷ revenue

3-Year CAGRN/AN/A — contains negative FCF

5-Year CAGRN/AN/A — contains negative FCF

FormulaFCF = Operating Cash Flow − Capital ExpendituresTTM = trailing 4 quarters sumCAGR → N/A if either endpoint ≤ 0

Source: FMP /cash-flow-statement · SEC 10-K / 10-Q · USDUpdated: Jun 8, 2026

Annual free cash flow history

FCF ($B, upper) · YoY Growth % (lower)

Positive FCFNegative FCF

Free Cash Flow

YoY Growth %

Annual free cash flow data

MRTN · free cash flow history · annual / quarterly

Fiscal YearOperating CFCapExFree Cash FlowYoY ChangeFCF Margin

FY2025Latest$93.5M(145M)−$51.1M▲ +48.1%-5.8%

FY2024$134.8M(233M)−$98.4M▼ 29.2%-10.2%

FY2023$164.4M(241M)−$76.2M▼ 277.7%-6.7%

FY2022$219.5M(177M)$42.9M▲ +252.6%3.4%

FY2021$171.2M(199M)−$28.1M▼ 269.8%-2.9%

FCF = Operating Cash Flow − Capital Expenditures · CapEx shown as (negative) · Source: SEC filings via FMP

FCF valuation metrics

MRTN · P/FCF · FCF yield · FCF per share

Marten Transport, Ltd. (MRTN) reported negative free cash flow of −$0.05B. FCF-based valuation ratios are not meaningful when FCF is negative.

FCF Yield (TTM)

N/A

Free Cash Flow ÷ Market Cap

per FMP freeCashFlowYieldTTM definition

FCF per Share (TTM)

N/A

TTM FCF ÷ Shares Outstanding

Price / FCF

N/A

Share Price ÷ FCF per Share

EV / FCF (TTM)

N/A

Enterprise Value basis

FCF-based valuation ratios are only meaningful when free cash flow is positive. Negative FCF indicates capital expenditures exceeded operating cash flow.

Source: FMP /key-metrics-ttm · /cash-flow-statement Q · /income-statementFY2025 · 2025-12-31

Cash flow statement summary

MRTN · cash flow statement · operating / investing / financing

For FY2025, Marten Transport, Ltd. generated $93.5M in operating cash flow and spent 145M in capital expenditures, yielding −$51.1M in free cash flow.

Operating Activities

+$93.5M

Cash from core business operations

2025-12-31

Investing Activities

−$42.9M

CapEx, acquisitions & investments

2025-12-31

Financing Activities

−$19.6M

Buybacks, dividends & debt

2025-12-31

FCF FormulaOperating CF ($93.5M) − |CapEx| (145M) = FCF (−$51.1M)

For the complete Operating / Investing / Financing line-item breakdown:

View Full Cash Flow Statement →

Free cash flow vs peers (Industrials)

MRTN vs peers · FCF

#CompanyFree Cash FlowYoYFCF MarginRelative

Marten Transport, Ltd.YOU

MRTN

−$51.1M+48.1%-5.8%

Loss

Union Pacific Corporation

Industrials · Sorted by FCF · FMP /cash-flow-statementFull FCF Rankings →

About Free Cash Flow & Methodology

Marten Transport, Ltd. (MRTN) reported free cash flow of −$51.1M for FY2025 (fiscal year ending 2025-12-31), up 48.1% year-over-year. The FCF margin was -5.8%.

Based on available data, Marten Transport, Ltd. has maintained positive free cash flow for at least 3 fiscal year(s). FCF peaked at $42.9M in FY2022.

Data sourced from FMP /cash-flow-statement · SEC 10-K / 10-Q · USD.

Q&A and summaries align with SEC 10-K/10-Q cash flow disclosures and FMP /cash-flow-statement where noted.

Revenue Financial statements Net income Earnings Forecast Price history Market cap Cash on hand P/E ratio

Frequently asked questions

MRTN free cash flow · 8 questions

Marten Transport, Ltd. free cash flow was −$51.1M for FY2025, up 48.1% year-over-year. On a trailing twelve-month (TTM) basis, free cash flow stands at −$47.3M.

MRTN free cash flowMRTN FCFMRTN FCF 2025MRTN free cash flow TTM

▸ Source: FMP /cash-flow-statement · US GAAP · Marten Transport, Ltd. · Marten Transport, Ltd. SEC 10-K & 10-Q filings · US GAAP · Last updated: Jun 8, 2026