Marten Transport, Ltd. (MRTN) financial statements (2022 and earlier)

Company profile

Business Address 129 MARTEN ST
MONDOVI, WI 54755
State of Incorp. DE
Fiscal Year End December 31
SIC 4213 - Trucking, Except Local (benchmarking)
More info Complete financial analysis Financial benchmarking

Balance sheet (Statement of financial position) ($ in thousands)

12/31/2021
12/31/2020
12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments56,99566,12731,46156,76315,791488434
Cash and cash equivalents56,99566,12731,46156,76315,791488434
Receivables105,97487,628101,76786,84181,01773,63581,482
Prepaid expense3,7493,6532,3561,8313,0571,6581,730
Contract with customer, asset2,2431,5451,7291,823
Other current assets3,5043,1033,1662,9712,7862,9062,408
Other undisclosed current assets14,48413,60213,68713,29913,96714,74313,996
Total current assets:186,949175,658154,166163,528116,61893,430100,050
Noncurrent Assets
Property, plant and equipment682,277654,173640,394588,230571,920557,825528,009
Other noncurrent assets1,4641,8052,0262,1461,8652,4933,469
Total noncurrent assets:683,741655,978642,420590,376573,785560,318531,478
TOTAL ASSETS:870,690831,636796,586753,904690,403653,748631,528
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities, including:51,54550,19921,68043,87038,10041,23033,641
Accounts payable20,15025,70222,91715,70416,47814,39112,007
Accrued liabilities31,39524,49721,68028,16621,62226,83921,634
Other undisclosed accounts payable and accrued liabilities  (22,917)    
Due to related parties   1,222   
Other undisclosed current liabilities42,01439,59554,64626,88126,17719,44016,235
Total current liabilities:93,55989,79476,32671,97364,27760,67049,876
Noncurrent Liabilities
Long-term debt and lease obligation291411649  7,88637,867
Long-term debt, excluding current maturities     7,88637,867
Operating lease, liability291411649
Liabilities, other than long-term debt125,163121,098122,022105,977100,626147,854134,364
Deferred tax liabilities, net105,977100,626147,854134,364
Deferred income tax liabilities125,163121,098122,022
Total noncurrent liabilities:125,454121,509122,671105,977100,626155,740172,231
Total liabilities:219,013211,303198,997177,950164,903216,410222,107
Stockholders' equity
Stockholders' equity attributable to parent651,677620,333597,589575,954525,500437,338409,421
Common stock830827547545545326328
Additional paid in capital85,71885,07079,46576,81476,41374,17576,468
Retained earnings565,129534,436517,577498,595448,542362,837332,625
Total stockholders' equity:651,677620,333597,589575,954525,500437,338409,421
TOTAL LIABILITIES AND EQUITY:870,690831,636796,586753,904690,403653,748631,528

Income statement (P&L) ($ in thousands)

12/31/2021
12/31/2020
12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
Revenues973,644874,374843,271787,594698,120671,144664,994
Cost of revenue
(Cost of Goods and Services Sold)
   (38,657)(41,613)(43,912)(29,252)
Gross profit:973,644874,374843,271748,937656,507627,232635,742
Operating expenses(861,955)(781,128)(766,773)(717,246)(641,258)(612,841)(603,931)
Other undisclosed operating income   38,65741,61343,91229,252
Operating income:111,68993,24676,49870,34856,86258,30361,063
Nonoperating income (expense)431401,190681(389)(1,237)(372)
Income from continuing operations before income taxes:111,73293,38677,68871,02956,47357,06660,691
Income tax expense (benefit)(26,304)(23,886)(16,617)(16,002)33,811(23,602)(24,946)
Net income available to common stockholders, diluted:85,42869,50061,07155,02790,28433,46435,745

Comprehensive Income ($ in thousands)

12/31/2021
12/31/2020
12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
Net income:85,42869,50061,07155,02790,28433,46435,745
Comprehensive income, net of tax, attributable to parent:85,42869,50061,07155,02790,28433,46435,745

Statements sources

The financial statements are based on the company's filings with the The U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.

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