---
schema_version: "secwatch.filing_event.v1"
accession: "0001437749-24-012435"
form_type: "8-K"
ticker: "MRTN"
cik: "0000799167"
company_name: "MARTEN TRANSPORT LTD"
filed_at: "2024-04-18T23:59:59+00:00"
generated_at: "2026-06-03T21:18:56.152119+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Marten Transport Q1 net income $9.6M ($0.12 EPS) vs $22.5M ($0.28) YoY; revenue down 16%

## Summary
- Net income $9.6M ($0.12 diluted EPS) vs $22.5M ($0.28) in Q1 2023, a 57% decline.
- Operating revenue $249.7M, down 16.2% from $298.0M; revenue net of fuel surcharges $215.7M.
- Operating expenses rose to 95.1% of revenue from 90.3%; costs net of fuel surcharges at 94.3% vs 88.6%.
- Executive Chairman cites freight recession, oversupply, weak demand; no rate reductions since August 2023.

## SEC filing metadata
- accession: 0001437749-24-012435
- form_type: 8-K
- ticker: MRTN
- cik: 0000799167
- company_name: MARTEN TRANSPORT LTD
- filed_at: 2024-04-18T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/799167/000143774924012435/0001437749-24-012435-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/799167/000143774924012435/mrtn20240416_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001437749-24-012435
- JSON: https://secwatch.observer/filing/0001437749-24-012435.json
- Plain text: https://secwatch.observer/filing/0001437749-24-012435.txt

## Key facts
- Earnings Releases
  MARTEN TRANSPORT LTD reported first quarter ended March 31, 2024 results: net income $9.6 million, EPS 12 cents per diluted share.
  - Period: first quarter ended March 31, 2024
  - Net income: $9.6 million
  - EPS: 12 cents per diluted share
  - Result: reported results
  source text: Marten Transport, Ltd. (Nasdaq/GS:MRTN) today reported net income of $9.6 million, or 12 cents per diluted share, for the first quarter ended March 31, 2024
  evidence_url: https://www.sec.gov/Archives/edgar/data/799167/000143774924012435/0001437749-24-012435-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.