Marten Transport (Marten Transport) COGS-to-Revenue

: 0.84 (As of Dec. 2023)

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Marten Transport's Cost of Goods Sold for the three months ended in Dec. 2023 was $226 Mil. Its Revenue for the three months ended in Dec. 2023 was $268 Mil.

Marten Transport's COGS to Revenue for the three months ended in Dec. 2023 was 0.84.

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin. Marten Transport's Gross Margin % for the three months ended in Dec. 2023 was 15.66%.

Marten Transport COGS-to-Revenue Historical Data

The historical data trend for Marten Transport's COGS-to-Revenue can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Marten Transport Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

COGS-to-Revenue

0.83

0.80

0.81

0.83

Marten Transport Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
COGS-to-Revenue																0.82	0.82	0.82	0.85	0.84

Marten Transport COGS-to-Revenue Calculation

Marten Transport's COGS to Revenue for the fiscal year that ended in Dec. 2023 is calculated as

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	942.722	/	1131.455
	=	0.83

Marten Transport's COGS to Revenue for the quarter that ended in Dec. 2023 is calculated as

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	226.208	/	268.222
	=	0.84

Marten Transport (NAS:MRTN) COGS-to-Revenue Explanation

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin.

Marten Transport's Gross Margin % for the three months ended in Dec. 2023 is calculated as:

Gross Margin %	=	1	-	COGS to Revenue
	=	1	-	Cost of Goods Sold / Revenue
	=	1	-	226.208 / 268.222
	=	15.66 %

A company that has a moat can usually maintain or even expand their Gross Margin. A company can increase its Gross Margin in two ways. It can increase the prices of the goods it sells and keeps its Cost of Goods Sold unchanged. Or it can keep the sales price unchanged and squeeze its suppliers to reduce the Cost of Goods Sold. Warren Buffett believes businesses with the power to raise prices have moats.

Marten Transport COGS-to-Revenue Related Terms

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Marten Transport (Marten Transport) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Marten Transport Ltd (NAS:MRTN) » Definitions » COGS-to-Revenue

Comparable Companies

Traded in Other Exchanges

N/A

Address

129 Marten Street, Mondovi, WI, USA, 54755

Website

http://www.marten.com

Marten Transport Ltd is a temperature-sensitive truckload carrier in the United States. It is engaged in transporting and distributing food and other consumer packaged goods which requires a temperature-controlled or insulated environment. The company operates through four segments including Truckload, Dedicated, Intermodal, and Brokerage. It generates maximum revenue from the Truckload segment. The Truckload segment provides a combination of regional short-haul and medium-to-long-haul full-load transportation services.

Executives

Randall John Baier	officer: Exec. VP & Chief Tech. Officer	129 MARTEN STREET, MONDOVI WI 54755
Thomas J Winkel	director
Patricia L Jones	director	C/O 505 HIGHWAY 169 NORTH, SUITE 1000, PLYMOUTH MN 55441
Larry B Hagness	director
James J Hinnendael	officer: Chief Financial Officer	129 MARTEN STREET, MONDOVI WI 54755
John H Turner	officer: Vice President of Sales	129 MARTEN STREET, MONDOVI WI 54755
Robert L Demorest	director	2235 VALE CREST, MINNEAPOLIS MN 55422
Jerry M Bauer	director
Douglas Paul Petit	officer: President	129 MARTEN STREET, MONDOVI WI 54755
Timothy M Kohl	officer: President	129 MARTEN STREET, MONDOVI WI 54755
Randolph L Marten	director, 10 percent owner, officer: Chairman and President	129 MARTEN STREET, MONDOVI WI 54755
Kathleen P Iverson	director	5900 GOLDEN HILLS DRIVE, GOLDEN VALLEY MN 55416
Timothy P Nash	officer: Exec. VP of Sales & Marketing
Ronald Richard Booth	director	129 MARTEN STREET, MONDOVI WI 54755
G Larry Owens	director