Marten Transport Ltd (MRTN)
Pretax margin
| Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 | Sep 30, 2020 | Jun 30, 2020 | Mar 31, 2020 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Earnings before tax but after interest (EBT) (ttm) | US$ in thousands | 36,346 | 45,750 | 58,806 | 77,108 | 93,916 | 110,694 | 126,477 | 138,160 | 144,171 | 141,561 | 136,035 | 123,589 | 111,732 | 106,610 | 102,523 | 99,265 | 93,386 | 86,864 | 82,736 | 77,806 |
| Revenue (ttm) | US$ in thousands | 963,708 | 1,001,498 | 1,043,670 | 1,083,104 | 1,131,455 | 1,185,817 | 1,230,727 | 1,274,620 | 1,263,878 | 1,208,170 | 1,135,002 | 1,037,879 | 973,644 | 934,101 | 898,832 | 878,774 | 874,374 | 864,226 | 863,188 | 862,894 |
| Pretax margin | 3.77% | 4.57% | 5.63% | 7.12% | 8.30% | 9.33% | 10.28% | 10.84% | 11.41% | 11.72% | 11.99% | 11.91% | 11.48% | 11.41% | 11.41% | 11.30% | 10.68% | 10.05% | 9.58% | 9.02% |
December 31, 2024 calculation
Pretax margin = EBT (ttm) ÷ Revenue (ttm)
= $36,346K ÷ $963,708K
= 3.77%
The pretax margin of Marten Transport Ltd has shown fluctuations over the years as per the provided data. It increased steadily from March 31, 2020, at 9.02% to a peak of 11.91% on March 31, 2022. However, after reaching its peak, the pretax margin started to decline gradually, with a noticeable decrease to 8.30% on December 31, 2023, and further down to 3.77% on December 31, 2024.
Overall, the trend in the pretax margin indicates some volatility in the company's profitability before experiencing a significant downturn in the most recent periods. This may suggest potential challenges in maintaining or increasing profitability levels, requiring further analysis to identify underlying factors contributing to the decline.
Peer comparison
Dec 31, 2024