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Marten Transport (Marten Transport) Operating Margin %

: 5.17% (As of Dec. 2023)
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Operating Margin % is calculated as Operating Income divided by its Revenue. Marten Transport's Operating Income for the three months ended in Dec. 2023 was $14 Mil. Marten Transport's Revenue for the three months ended in Dec. 2023 was $268 Mil. Therefore, Marten Transport's Operating Margin % for the quarter that ended in Dec. 2023 was 5.17%.

The historical rank and industry rank for Marten Transport's Operating Margin % or its related term are showing as below:

MRTN' s Operating Margin % Range Over the Past 10 Years
Min: 6.76   Med: 7.87   Max: 10.28
Current: 6.76


MRTN's Operating Margin % is ranked worse than
54.88% of 973 companies
in the Transportation industry
Industry Median: 7.6 vs MRTN: 6.76

Marten Transport's 5-Year Average Operating Margin % Growth Rate was -0.20% per year.

Marten Transport's Operating Income for the three months ended in Dec. 2023 was $14 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Dec. 2023 was $76 Mil.


Marten Transport Operating Margin % Historical Data

The historical data trend for Marten Transport's Operating Margin % 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.

* Premium members only.

Marten Transport Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Operating Margin %
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 8.04 9.47 9.80 10.28 6.76

Marten Transport Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Operating Margin % Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 9.25 7.97 8.63 5.09 5.17

Competitive Comparison

For the Trucking subindustry, Marten Transport's Operating Margin %, along with its competitors' market caps and Operating Margin % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Marten Transport Operating Margin % Distribution

For the Transportation industry and Industrials sector, Marten Transport's Operating Margin % distribution charts can be found below:

* The bar in red indicates where Marten Transport's Operating Margin % falls into.



Marten Transport Operating Margin % Calculation

Operating Margin % - also known as operating income margin, operating profit margin and return on sales (ROS) - is the ratio of Operating Income divided by net sales or Revenue, usually presented in percent.

Marten Transport's Operating Margin % for the fiscal year that ended in Dec. 2023 is calculated as

Operating Margin %=Operating Income (A: Dec. 2023 ) / Revenue (A: Dec. 2023 )
=76.498 / 1131.455
=6.76 %

Marten Transport's Operating Margin % for the quarter that ended in Dec. 2023 is calculated as

Operating Margin %=Operating Income (Q: Dec. 2023 ) / Revenue (Q: Dec. 2023 )
=13.855 / 268.222
=5.17 %

* 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.


Marten Transport  (NAS:MRTN) Operating Margin % Explanation

Just like Gross Margin %, it is important to see a company maintains its operating margin over time. Among the same industry, a company with higher operating margin is more efficient in its operation. It is also more stable during industry slowdown or recessions. Peter Lynch prefers those with higher margins than those with lower margins.


Be Aware

Operating Margin % can be manipulated by adjusting the rate of depreciation, depletion and amortization (DDA).

If a company is facing competition, its Operating Margin % may decline. Often the Operating Margin % declines well before the company's Revenue or even profit decline. Therefore, Operating Margin % is a very important indicator of whether the company is facing problems.

For instance, by 2012, Nokia (NOK)'s problems were well known and its stock had lost more than 90% of its market value since 2007. But Nokia’s Operating Margin % had already been in decline since 2002, although its Earnings per Share (Diluted) were still rising. Investors who paid attention to Operating Margin % would have avoided this huge loss. The same can be said for Research-in-Motion (RIMM).

Therefore, Operating Margin % is a very important screening filter for GuruFocus. GuruFocus's Buffett-Munger screener requires that the profit margin is either consistent or expanding. The Model Portfolio of the Buffett-Munger screener has outperformed the market every year since inception in 2009.


Marten Transport Operating Margin % Related Terms

Thank you for viewing the detailed overview of Marten Transport's Operating Margin % provided by GuruFocus.com. Please click on the following links to see related term pages.


Marten Transport (Marten Transport) Business Description

Traded in Other Exchanges
N/A
Address
129 Marten Street, Mondovi, WI, USA, 54755
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