---
schema_version: "secwatch.filing_event.v1"
accession: "0001437749-25-001910"
form_type: "8-K"
ticker: "MRTN"
cik: "0000799167"
company_name: "MARTEN TRANSPORT LTD"
filed_at: "2025-01-27T23:59:59+00:00"
generated_at: "2026-05-27T09:48:22.044661+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# Marten Transport Q4 EPS drops to $0.07 from $0.15; full-year EPS $0.33 vs $0.86

## Summary
- Q4 net income $5.6M ($0.07 diluted EPS) vs $12.4M ($0.15) YoY; revenue $230.4M vs $268.2M.
- Full-year net income $26.9M ($0.33 EPS) vs $70.4M ($0.86) in 2023; revenue $963.7M vs $1.131B.
- Q4 operating income $6.7M vs $15.7M YoY; operating ratio (net of fuel surcharges) 96.7% vs 93.2%.
- Q4 net income improved 50.1% sequentially from Q3 2024; first such improvement since Q2 2022.
- Management continues to navigate freight market recession; positions for growth when cycle turns.

## SEC filing metadata
- accession: 0001437749-25-001910
- form_type: 8-K
- ticker: MRTN
- cik: 0000799167
- company_name: MARTEN TRANSPORT LTD
- filed_at: 2025-01-27T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/799167/000143774925001910/0001437749-25-001910-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/799167/000143774925001910/mrtn20250121_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001437749-25-001910
- JSON: https://secwatch.observer/filing/0001437749-25-001910.json
- Plain text: https://secwatch.observer/filing/0001437749-25-001910.txt

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