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Dec 31, 2020
Marten Transport Q4 2020 Earnings Report
Reported highest operating revenue and operating income for any quarter and year in Marten’s history.
Key Takeaways
Marten Transport reported a record operating revenue of $227.3 million and a record operating income of $25.6 million for the fourth quarter of 2020. Net income increased by 24.5% to $19.6 million, or 24 cents per diluted share.
Operating revenue improved 4.7% to $227.3 million.
Operating income improved 36.0% to $25.6 million.
Net income improved 24.5% to $19.6 million, or 24 cents per diluted share.
Operating expenses as a percentage of operating revenue improved to 88.8%.
Marten Transport
Marten Transport
Marten Transport Revenue by Segment
Revenue by Segment
Truckload Revenue
CapyFin.comDedicated Revenue
CapyFin.comIntermodal Revenue
CapyFin.comBrokerage Revenue
CapyFin.com Forward Guidance
Marten Transport will continue to increase compensation for premium services within the tight freight market and expects to continue to build on its success in expanding capacity.
Positive Outlook
- Increase compensation for premium services
- Continue to build on success in expanding capacity
- Offering the best careers for the industry’s top, experienced drivers
- Continue to increase the compensation for premium services within the tight freight market.
- Continue to build on our success in expanding the capacity.
Revenue & Expenses
Visualization of income flow from segment revenue to net income