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Dec 31, 2022
Marten Transport Q4 2022 Earnings Report
Marten Transport reported sixteenth consecutive quarter of year-over-year profit growth and achieved the highest operating revenue and operating income for any year in the company's history.
Key Takeaways
Marten Transport reported a 3.2% increase in net income for Q4 2022, reaching $25.5 million, or 31 cents per diluted share. The company's operating revenue improved by 20.9% to $322.6 million. Marten Transport achieved its sixteenth consecutive quarter of year-over-year profit growth.
Net income increased by 3.2% to $25.5 million, or 31 cents per diluted share.
Operating revenue improved by 20.9% to $322.6 million.
Operating income increased by 6.9% to $32.8 million.
Fuel surcharge revenue increased to $52.9 million.
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's organic expansion throughout 2022 provides momentum for continued profitable growth as the company began 2023 with 425 more of the industry’s top drivers than it employed at the beginning of 2022.
Revenue & Expenses
Visualization of income flow from segment revenue to net income