Marten Transport Ltd.

(NasdaqGS:MRTN) > Financials > Key Stats

In Millions of the trading currency, except per share items. Currency: Trading Currency Conversion: Today's Spot Rate
Order: Latest on Right Units: S&P Capital IQ (Default)
Decimals: Capital IQ (Default)
Key Financials
For the Fiscal Period Ending 12 months
Dec-31-2010A
12 months
Dec-31-2011A
12 months
Dec-31-2012A
12 months
Dec-31-2013A
LTM
12 months
Mar-31-2014A
Currency USD USD USD USD USD
Total Revenue 516.9 603.7 638.5 659.2 654.1
Growth Over Prior Year 2.2% 16.8% 5.8% 3.3% 0.4%
Gross Profit 120.9 135.2 142.5 155.4 154.2
Margin % 23.4% 22.4% 22.3% 23.6% 23.6%
EBITDA 86.1 96.8 101.5 110.5 109.0
Margin % 16.7% 16.0% 15.9% 16.8% 16.7%
EBIT 34.2 39.2 40.6 46.0 43.9
Margin % 6.6% 6.5% 6.4% 7.0% 6.7%
Earnings from Cont. Ops. 20.4 25.1 27.8 30.2 28.2
Margin % 3.9% 4.2% 4.3% 4.6% 4.3%
Net Income 19.7 24.3 27.3 30.1 28.2
Margin % 3.8% 4.0% 4.3% 4.6% 4.3%
Diluted EPS Excl. Extra Items 0.6 0.73 0.82 0.9 0.84
Growth Over Prior Year 21.6% 21.7% 12.3% 9.8% (3.8%)
All results are taken from the most recently filed statement for each period. When there has been more than one, earlier filings can be viewed on the individual statement pages.
Growth rates for the LTM period are calculated against the LTM period ending 12 months before.
All forward period figures are consensus mean estimates provided by the brokers and may not be on a comparable basis as financials.
Growth rates for forward periods are calculated against prior period estimates or actual pro forma results as disclosed on the Estimates Consensus page.
Current Capitalization (Millions of USD)
Currency USD
Share Price as of May-30-2014 $24.09
Shares Out. 33.4
Market Capitalization** 803.5
- Cash & Short Term Investments 19.3
+ Total Debt 0
+ Pref. Equity -
+ Total Minority Interest -
= Total Enterprise Value (TEV) 784.2
Book Value of Common Equity 364.2
+ Pref. Equity -
+ Total Minority Interest -
+ Total Debt 0
= Total Capital 364.2
**For companies that have multiple share classes that publicly trade,
we are incorporating the different prices to calculate our company
level market capitalization. Please click on the value to see the
detailed calculation. Prices shown on this page are the close price of
the companys primary stock class. Shares shown on this page are
total company as-reported share values.
Note: Striped area represents the impact of negative Net Liability on Market Cap.
Total Liability includes Total Debt, Minority Interest and Pref. Equity.
Net Liability includes Total Liability, net of Cash and Short Term Investments.
TEV includes Market Cap and Net Liability.
Total Capital includes Common Equity and Total Liability.
Valuation Multiples based on Current Capitalization
For the Fiscal Period Ending 12 months
Dec-31-2013A
LTM
12 months
Mar-31-2014A
12 months
Dec-31-2014E
12 months
Dec-31-2015E
12 months
Dec-31-2016E
TEV/Total Revenue 1.2x 1.2x 1.13x 1.04x 1.00x
TEV/EBITDA 7.1x 7.2x 6.14x 5.35x 5.33x
TEV/EBIT 17.2x 17.9x - - -
P/Diluted EPS Before Extra 26.8x 28.7x 22.65x 18.25x 18.25x
P/BV 2.2x 2.2x - - -
Price/Tang BV 2.2x 2.2x - - -




S&P Capital IQ (Default)
12 months
Dec-31-2014E
12 months
Dec-31-2015E
12 months
Dec-31-2016E
USD USD USD
695.83 754.63 781.1
5.55% 8.45% 3.51%
- - -
- - -
127.76 146.59 147.1
18.36% 19.42% 18.83%
- - -
- - -
- - -
- - -
- - -
- - -
1.06 1.32 1.32
18.19% 24.09% 0.00%
Marten Transport Ltd. (NasdaqGS:MRTN) > Financials > Income Statement
In Millions of the reported currency, except per share items. Template: Standard Restatement: Latest Filings
Period Type: Annual Order: Latest on Right
Currency: Reported Currency Conversion: Today's Spot Rate
Units: S&P Capital IQ (Default) Decimals: Capital IQ (Default)
Income Statement
For the Fiscal Period Ending
Reclassified
12 months
Dec-31-2009
12 months
Dec-31-2010
12 months
Dec-31-2011
12 months
Dec-31-2012
12 months
Dec-31-2013
Currency USD USD USD USD USD

Revenue 505.9 516.9 603.7 638.5 659.2
Other Revenue - - - - -
Total Revenue 505.9 516.9 603.7 638.5 659.2
Cost Of Goods Sold 387.6 396.0 468.5 496.0 503.8
Gross Profit 118.3 120.9 135.2 142.5 155.4
Selling General & Admin Exp. 19.9 16.6 18.2 20.7 23.7
R & D Exp. - - - - -
Depreciation & Amort. 53.1 51.9 57.5 60.9 64.5
Other Operating Expense/(Income) 17.6 18.2 20.3 20.3 21.2
Other Operating Exp., Total 90.5 86.7 96.0 101.9 109.4
Operating Income 27.7 34.2 39.2 40.6 46.0
Interest Expense 0 - - - -
Interest and Invest. Income - 0.0 - - -
Net Interest Exp. 0 0.0 - - -
Other Non-Operating Inc. (Exp.) - - 0.0 0.0 0.4
EBT Excl. Unusual Items 27.7 34.2 39.3 40.6 46.4
Impairment of Goodwill - - - - -
Gain (Loss) On Sale Of Assets 1.6 1.1 3.8 5.3 6.0
Other Unusual Items - - - - -
EBT Incl. Unusual Items 29.3 35.3 43.1 45.9 52.4
Income Tax Expense 12.5 14.9 18.0 18.1 22.2
Earnings from Cont. Ops. 16.9 20.4 25.1 27.8 30.2
Earnings of Discontinued Ops. - - - - -
Extraord. Item & Account. Change - - - - -
Net Income to Company 16.9 20.4 25.1 27.8 30.2
Minority Int. in Earnings (0.6) (0.6) (0.8) (0.5) (0.1)
Net Income 16.3 19.7 24.3 27.3 30.1
Pref. Dividends and Other Adj. - - - - -
NI to Common Incl Extra Items 16.3 19.7 24.3 27.3 30.1
NI to Common Excl. Extra Items 16.3 19.7 24.3 27.3 30.1
Per Share Items
Basic EPS $0.5 $0.6 $0.74 $0.82 $0.91
Basic EPS Excl. Extra Items 0.5 0.6 0.74 0.82 0.91
Weighted Avg. Basic Shares Out. 32.8 32.9 33.0 33.1 33.2
Diluted EPS $0.49 $0.6 $0.73 $0.82 $0.9
Diluted EPS Excl. Extra Items 0.49 0.6 0.73 0.82 0.9
Weighted Avg. Diluted Shares Out. 33.0 33.0 33.1 33.2 33.4
Normalized Basic EPS $0.51 $0.63 $0.72 $0.75 $0.87
Normalized Diluted EPS 0.51 0.63 0.72 0.75 0.87
Dividends per Share NA $0.03 $0.05 $0.06 $0.08
Payout Ratio % NA 4.4% 7.2% 7.8% 9.2%
Supplemental Items
EBITDA 80.8 86.1 96.8 101.5 110.5
EBITA 27.7 34.2 39.2 40.6 46.0
EBIT 27.7 34.2 39.2 40.6 46.0
Effective Tax Rate % 42.5% 42.3% 41.7% 39.5% 42.3%
Current Domestic Taxes 6.9 4.4 7.9 13.3 17.9
Total Current Taxes 6.9 4.4 7.9 13.3 17.9
Deferred Domestic Taxes 5.6 10.6 10.1 4.8 4.3
Total Deferred Taxes 5.6 10.6 10.1 4.8 4.3
Normalized Net Income 16.7 20.7 23.7 24.9 28.9
Filing Date Mar-14-2012 Mar-14-2013 Mar-12-2014 Mar-12-2014 Mar-12-2014
Restatement Type RC NC NC NC O
Calculation Type REP REP REP REP REP
Supplemental Operating Expense Items
Stock-Based Comp., COGS 0.6 1.3 1.3 1.2 1.1
Stock-Based Comp., Unallocated - - - - -
Stock-Based Comp., Total 0.6 1.3 1.3 1.2 1.1
Note: For multiple class companies, per share items are primary class equivalent, and for foreign companies listed as primary ADRs, per share items are ADR-equivalent.

LTM
12 months
Mar-31-2014
USD
654.1
-
654.1
499.9
154.2
24.0
-
65.2
21.2
110.4
43.9
-
-
-
0.5
44.4
-
4.2
-
48.6
20.3
28.2
-
-
28.2
0
28.2
-
28.2
28.2
$0.85
0.85
33.3
$0.84
0.84
33.5
$0.83
0.83
$0.09
10.8%
109.0
43.9
43.9
41.9%
17.9
17.9
4.3
4.3
27.7
May-09-2014
O
LTM
1.1
0
1.1
Marten Transport Ltd. (NasdaqGS:MRTN) > Financials > Balance Sheet
In Millions of the reported currency, except per share items. Template: Standard Restatement: Latest Filings
Period Type: Annual Order: Latest on Right
Currency: Reported Currency Conversion: Today's Spot Rate
Units: S&P Capital IQ (Default) Decimals: Capital IQ (Default)
Balance Sheet
Balance Sheet as of:
Dec-31-2009 Dec-31-2010 Dec-31-2011
Restated
Dec-31-2012 Dec-31-2013
Currency USD USD USD USD USD
ASSETS
Cash And Equivalents 5.4 5.3 20.8 3.5 13.7
Short Term Investments 0.1 0.1 - - -
Total Cash & ST Investments 5.5 5.4 20.8 3.5 13.7
Accounts Receivable 45.4 51.1 59.4 66.2 70.9
Other Receivables 4.4 13.0 3.4 7.2 4.1
Total Receivables 49.8 64.1 62.8 73.4 75.0
Inventory 2.2 2.8 3.3 3.1 3.1
Prepaid Exp. 7.2 7.5 8.4 8.2 8.2
Deferred Tax Assets, Curr. 5.2 4.8 2.7 3.2 3.4
Other Current Assets 2.9 3.0 3.7 4.3 4.0
Total Current Assets 72.8 87.7 101.8 95.5 107.4
Gross Property, Plant & Equipment 491.1 515.6 524.0 551.1 579.9
Accumulated Depreciation (149.7) (143.6) (155.8) (156.7) (164.9)
Net Property, Plant & Equipment 341.5 372.1 368.2 394.5 415.0
Other Long-Term Assets 0.5 0.5 0.6 0.6 3.4
Total Assets 414.8 460.3 470.6 490.6 525.8
LIABILITIES
Accounts Payable 16.3 17.8 17.9 16.1 19.4
Accrued Exp. 31.7 29.9 27.8 26.8 26.7
Curr. Port. of LT Debt 1.4 19.3 - - -
Curr. Income Taxes Payable 3.1 0.5 0.7 4.0 3.1
Other Current Liabilities 1.7 1.1 - - 3.9
Total Current Liabilities 54.2 68.6 46.4 46.9 53.0
Long-Term Debt 0.1 - - 2.7 -
Def. Tax Liability, Non-Curr. 85.6 95.8 103.8 109.1 113.6
Other Non-Current Liabilities - - - - -
Total Liabilities 139.9 164.4 150.2 158.7 166.7
Common Stock 0.2 0.2 0.2 0.3 0.3
Additional Paid In Capital 76.5 78.4 80.1 82.7 85.1
Retained Earnings 196.5 215.3 237.9 246.3 273.7
Treasury Stock - - - - -
Comprehensive Inc. and Other - - - - -
Total Common Equity 273.2 294.0 318.2 329.4 359.1
Minority Interest 1.7 1.9 2.2 2.6 -
Total Equity 274.9 295.9 320.4 331.9 359.1
Total Liabilities And Equity 414.8 460.3 470.6 490.6 525.8
Supplemental Items
Total Shares Out. on Filing Date 32.9 32.9 33.1 33.2 33.3
Total Shares Out. on Balance Sheet Date 32.8 32.9 33.0 33.2 33.3
Book Value/Share $8.32 $8.93 $9.65 $9.93 $10.78
Tangible Book Value 273.2 294.0 318.2 329.4 359.1
Tangible Book Value/Share $8.32 $8.93 $9.65 $9.93 $10.78
Total Debt 1.5 19.3 0 2.7 0
Net Debt (4.0) 13.9 (20.8) (0.7) (13.7)
Total Minority Interest 1.7 1.9 2.2 2.6 NA
Inventory Method NA NA NA NA NA
Raw Materials Inventory 2.2 2.8 3.3 3.1 3.1
Buildings 18.8 25.7 30.6 39.7 52.2
Machinery 472.4 489.9 493.4 511.5 527.7
Full Time Employees 2,666 2,678 2,787 2,946 3,045
Accum. Allowance for Doubtful Accts 0.2 0.2 0.5 0.3 0.5
Filing Date Mar-14-2012 Mar-14-2013 Mar-12-2014 Mar-12-2014 Mar-12-2014
Restatement Type NC NC NC RS O
Calculation Type RUP RUP RUP REP REP
Note: For multiple class companies, total share counts are primary class equivalent, and for foreign companies listed as primary ADRs, total share counts are ADR-equivalent.

Mar-31-2014
USD
19.3
-
19.3
70.3
2.2
72.5
-
13.4
3.5
-
108.7
596.0
(171.9)
424.1
3.5
536.3
40.3
14.8
-
-
2.2
57.3
-
114.8
-
172.1
0.3
85.7
278.2
-
-
364.2
-
364.2
536.3
33.4
33.3
$10.92
364.2
$10.92
0
(19.3)
NA
NA
NA
NA
NA
NA
0.4
May-09-2014
O
REP
Marten Transport Ltd. (NasdaqGS:MRTN) > Financials > Cash Flow
In Millions of the reported currency, except per share items. Template: Standard Restatement: Latest Filings
Period Type: Annual Order: Latest on Right
Currency: Reported Currency Conversion: Today's Spot Rate
Units: S&P Capital IQ (Default) Decimals: Capital IQ (Default)
Cash Flow
For the Fiscal Period Ending 12 months
Dec-31-2009
12 months
Dec-31-2010
12 months
Dec-31-2011
Reclassified
12 months
Dec-31-2012
12 months
Dec-31-2013
Currency USD USD USD USD USD

Net Income 16.3 19.7 24.3 27.3 30.1
Depreciation & Amort. 53.1 51.9 57.5 60.9 64.5
Depreciation & Amort., Total 53.1 51.9 57.5 60.9 64.5
Minority Int. in Earnings 0.6 0.6 0.8 0.5 0.1
(Gain) Loss From Sale Of Assets (1.6) (1.1) (3.8) (5.3) (6.0)
(Income) Loss on Equity Invest. - - - - (0.1)
Stock-Based Compensation 0.6 1.3 1.3 1.2 1.1
Tax Benefit from Stock Options 0.0 0.0 0.0 0.1 0.0
Other Operating Activities 5.6 10.6 10.1 4.8 4.3
Change in Acc. Receivable 7.7 (14.2) 1.2 (7.8) (6.5)
Change in Acc. Payable 3.5 0.3 (1.6) 1.0 2.4
Change in Other Net Operating Assets (4.0) (4.6) (3.7) 2.8 (0.8)
Cash from Ops. 81.7 64.5 86.2 85.5 89.2
Capital Expenditure (112.8) (121.3) (84.9) (135.4) (120.8)
Sale of Property, Plant, and Equipment 32.9 40.1 36.5 47.3 48.1
Cash Acquisitions - - - - -
Divestitures - - - - (1.9)
Invest. in Marketable & Equity Securt. 2.5 - - - -
Net (Inc.) Dec. in Loans Originated/Sold - - - - -
Other Investing Activities 0.2 0 0.1 0 0
Cash from Investing (77.2) (81.2) (48.3) (88.1) (74.7)
Short Term Debt Issued - - - - -
Long-Term Debt Issued 1.1 160.4 37.6 21.5 82.7
Total Debt Issued 1.1 160.4 37.6 21.5 82.7
Short Term Debt Repaid (0.1) (0.6) (1.1) - -
Long-Term Debt Repaid (2.5) (142.5) (57.0) (18.8) (85.4)
Total Debt Repaid (2.6) (143.2) (58.0) (18.8) (85.4)
Issuance of Common Stock 0.3 0.3 0.1 1.0 1.1
Common Dividends Paid - (0.9) (1.8) (2.1) (2.8)
Total Dividends Paid - (0.9) (1.8) (2.1) (2.8)
Special Dividend Paid - - - (16.6) -
Other Financing Activities (0.3) (0.1) (0.4) 0.2 0.1
Cash from Financing (1.5) 16.6 (22.4) (14.8) (4.3)
Net Change in Cash 3.0 (0.1) 15.5 (17.3) 10.2
Supplemental Items
Cash Interest Paid 0.2 0.2 0.0 0.0 0.1
Cash Taxes Paid 4.9 13.8 (2.6) 8.8 16.2
Levered Free Cash Flow (35.1) (65.3) (3.1) (58.4) (22.0)
Unlevered Free Cash Flow (35.0) (65.3) (3.1) (58.4) (22.0)
Change in Net Working Capital (6.8) 18.5 1.6 10.6 (4.5)
Net Debt Issued (1.5) 17.2 (20.4) 2.7 (2.7)
Filing Date Mar-14-2012 Mar-14-2013 Mar-12-2014 Mar-12-2014 Mar-12-2014
Restatement Type NC NC NC RC O
Calculation Type REP REP REP REP REP




LTM
12 months
Mar-31-2014
USD
28.2
65.2
65.2
0
(4.2)
(0.1)
1.1
0.1
3.8
(4.4)
5.0
0.1
94.7
(126.3)
43.4
-
0
-
-
(0.1)
(83.0)
-
-
80.0
-
-
(80.0)
1.5
(3.1)
(3.1)
-
0.2
(1.4)
10.3
0.1
14.8
(37.9)
(37.9)
5.3
0
May-09-2014
O
LTM
Marten Transport Ltd. (NasdaqGS:MRTN) > Financials > Multiples
View: Data Frequency: Quarterly
Order: Latest on Right Decimals: Capital IQ (Default)
Multiples Detail
For Quarter Ending Mar-28-2013 Jun-28-2013 Sep-30-2013 Dec-31-2013
TEV/LTM Total Revenue Average 0.70x 0.74x 0.88x 0.92x
High 0.74x 0.83x 0.95x 1.02x
Low 0.65x 0.63x 0.78x 0.83x
Close 0.70x 0.79x 0.88x 1.02x
TEV/NTM Total Revenues Average 0.66x 0.70x 0.84x 0.88x
High 0.69x 0.78x 0.90x 0.98x
Low 0.60x 0.60x 0.74x 0.79x
Close 0.65x 0.75x 0.84x 0.98x
TEV/LTM EBITDA Average 4.45x 4.61x 5.50x 5.51x
High 4.68x 5.13x 5.87x 6.09x
Low 4.07x 3.94x 4.86x 4.96x
Close 4.41x 4.88x 5.46x 6.09x
TEV/NTM EBITDA Average 3.93x 4.09x 4.78x 4.92x
High 4.07x 4.58x 5.09x 5.43x
Low 3.71x 3.54x 4.34x 4.47x
Close 3.85x 4.36x 4.75x 5.43x
TEV/LTM EBIT Average 11.07x 11.34x 13.64x 13.26x
High 11.66x 12.59x 14.61x 14.54x
Low 10.11x 9.62x 11.93x 11.89x
Close 11.03x 11.99x 13.59x 14.54x
P/LTM EPS Average 16.48x 17.08x 19.76x 20.05x
High 17.32x 18.99x 21.04x 22.19x
Low 15.20x 14.59x 18.00x 18.17x
Close 16.37x 18.08x 19.55x 22.19x
P/NTM EPS Average 15.15x 15.70x 17.62x 17.87x
High 15.60x 17.47x 18.75x 19.67x
Low 14.64x 13.83x 16.53x 16.48x
Close 14.75x 16.60x 17.45x 19.67x
P/LTM Normalized EPS Average 18.05x 18.72x 21.78x 21.20x
High 18.96x 20.82x 23.22x 23.28x
Low 16.67x 16.00x 19.74x 19.06x
Close 17.92x 19.83x 21.58x 23.28x
P/BV Average 1.35x 1.45x 1.68x 1.72x
High 1.43x 1.62x 1.78x 1.91x
Low 1.22x 1.25x 1.54x 1.56x
Close 1.35x 1.55x 1.66x 1.91x
P/Tangible BV Average 1.35x 1.45x 1.68x 1.72x
High 1.43x 1.62x 1.78x 1.91x
Low 1.22x 1.25x 1.54x 1.56x
Close 1.35x 1.55x 1.66x 1.91x
TEV/LTM Unlevered FCF Average NM NM NM NM
High NM NM NM NM
Low NM NM NM NM
Close NM NM NM NM
Market Cap/LTM Levered FCF Average NM NM NM NM
High NM NM NM NM
Low NM NM NM NM
Close NM NM NM NM
Average multiples are calculated using positive close values on each trading day within the frequency periods selected. Negative values are excluded from the calculation. When the Multiples are not meaningful, due to negative values, then they will not be displayed in the chart.
When a mismatch exists between the currency of the equity listing and the reported financial results such results are translated into the currency of the listing at the exchange rate applicable on the financial period end date.
Historical Equity Pricing Data supplied by
Mar-31-2014 May-30-2014
0.99x 1.13x
1.07x 1.23x
0.90x 1.01x
1.07x 1.20x
0.94x 1.04x
1.02x 1.13x
0.85x 0.96x
1.01x 1.10x
5.91x 6.77x
6.41x 7.38x
5.39x 6.05x
6.37x 7.19x
5.09x 5.58x
5.61x 6.01x
4.57x 5.22x
5.45x 5.86x
14.16x 16.67x
15.40x 18.33x
12.90x 14.51x
15.30x 17.87x
22.08x 26.63x
24.08x 29.40x
20.27x 22.71x
23.91x 28.69x
18.74x 20.06x
20.79x 21.38x
16.95x 19.31x
20.09x 20.86x
23.00x 27.17x
25.04x 29.84x
21.08x 23.62x
24.87x 29.12x
1.85x 2.08x
2.01x 2.26x
1.69x 1.89x
2.00x 2.21x
1.85x 2.08x
2.01x 2.26x
1.69x 1.89x
2.00x 2.21x
NM NM
NM NM
NM NM
NM NM
NM NM
NM NM
NM NM
NM NM
Average multiples are calculated using positive close values on each trading day within the frequency periods selected. Negative values are excluded from the calculation. When the Multiples are not meaningful, due to negative values, then they will not be displayed in the chart.
When a mismatch exists between the currency of the equity listing and the reported financial results such results are translated into the currency of the listing at the exchange rate applicable on the financial period end date.
Marten Transport Ltd. (NasdaqGS:MRTN) > Financials > Historical Capitalization
In Millions of the trading currency, except per share items. Frequency: Quarterly Order: Latest on Right
Currency: Trading Currency Conversion: Today's Spot Rate
Units: S&P Capital IQ (Default) Decimals: Capital IQ (Default)
Historical Capitalization
Balance Sheet as of:
Dec-31-2012 Mar-31-2013 Jun-30-2013 Sep-30-2013 Dec-31-2013
Pricing as of* Mar-14-2013 May-10-2013 Aug-09-2013 Nov-08-2013 Mar-12-2014
Currency USD USD USD USD USD
Capitalization Detail
Share Price $14.2 $14.45 $17.65 $17.64 $20.66
Shares Out. 33.2 33.2 33.2 33.2 33.3
Market Capitalization 471.0 480.0 586.4 586.5 688.6
- Cash & Short Term Investments 3.5 9.0 0.6 1.1 13.7
+ Total Debt 2.7 0 7.4 0.8 0
+ Pref. Equity - - - - -
+ Total Minority Interest 2.6 - - - -
= Total Enterprise Value (TEV) 472.8 471.0 593.1 586.2 674.9
Book Value of Common Equity 329.4 336.2 344.1 351.6 359.1
+ Pref. Equity - - - - -
+ Total Minority Interest 2.6 - - - -
+ Total Debt 2.7 0 7.4 0.8 0
= Total Capital 334.6 336.2 351.5 352.4 359.1
* Pricing as of the filing date of the balance sheet period end date. For
TEV calculation purposes on this page Capital IQ only uses balance
sheet components from the original filing that is publicly available as
of a given pricing date and does not use restated balance sheet data
from a later filing. In the cases where a company did not disclose
balance sheet values for a particular period, TEV is calculated using
balance sheet components from the last reported balance sheet as of
this date. The table above is organized along period end dates.
** For companies that have multiple share classes that publicly trade,
we are incorporating the different prices to calculate our company
level market capitalization. Please click on the value to see the
detailed calculation. Prices shown on this page are the close price of
the companys primary stock class. Shares shown on this page are
total company as-reported share values.
Historical Equity Pricing Data supplied by
Mar-31-2014
May-09-2014
USD
$22.62
33.4
754.5
19.3
0
-
-
735.2
364.2
-
-
0
364.2
Marten Transport Ltd. (NasdaqGS:MRTN) > Financials > Capital Structure Summary
In Millions of the reported currency, except ratios and % of Total
values. Restatement: Latest Filings

Period Type: Annual

Currency: Reported Currency Conversion: Today's Spot Rate
Units: S&P Capital IQ (Default) Decimals: Capital IQ (Default)
Order: Latest on Right
Capital Structure Data
For the Fiscal Period Ending
Currency USD USD USD
Units Millions % of Total Millions % of Total Millions

Total Debt 2.7 0.8% 0 0.0% 0
Total Common Equity 329.4 98.4% 359.1 100.0% 364.2
Total Minority Interest 2.6 0.8% - - -
Total Capital 334.6 100.0% 359.1 100.0% 364.2

Currency USD USD USD
Exchange Rate 1.0 1.0 1.0
Conversion Method S S S
Debt Summary Data
For the Fiscal Period Ending
Currency USD USD USD
Units Millions % of Total Millions % of Total Millions

Total Revolving Credit 2.7 100.0% 0 - 0
Total Principal Due 2.7 100.0% 0 - 0
Total Debt Outstanding 2.7 100.0% 0 100.0% 0
Available Credit
Undrawn Revolving Credit - - 41.7 - 41.7
Total Undrawn Credit - - 41.7 - 41.7
Additional Totals
Total Cash & ST Investments 3.5 - 13.7 - 19.3
Net Debt (0.7) - (13.7) - (19.3)
Total Senior Debt 2.7 100.0% 0 - 0
12 months Dec-31-2012 12 months Dec-31-2013 3 months Mar-31-2014
12 months Dec-31-2012 12 months Dec-31-2013 3 months Mar-31-2014
Long-Term Debt (Incl. Cap. Leases) 2.7 100.0% - - -
Total Bank Debt 2.7 100.0% 0 - 0
Total Unsecured Debt 2.7 100.0% 0 - 0
Variable Rate Debt 2.7 100.0% 0 - 0
Credit Ratios
Net Debt/EBITDA NM - NM - NM
Total Debt/EBITDA 0.0x - - - -
Total Senior Debt/EBITDA 0.0x - NM - NM
Net Debt/(EBITDA-CAPEX) NM - NM - NM
Total Debt/(EBITDA-CAPEX) NM - - - -
Total Senior Debt/(EBITDA-CAPEX) NM - NM - NM
Fixed Payment Schedule
LT Debt (Incl. Cap. Leases) Due +4 1.4 50.0% - - -
LT Debt (Incl. Cap. Leases) Due +5 1.4 50.0% - - -
LT Debt (Incl. Cap. Leases) Due, Next 5 Yrs 2.7 100.0% - - -
Operating Lease Commitment Due +1 0.5 - 0.5 - -
Operating Lease Commitment Due +2 0.2 - 0.3 - -
Operating Lease Commitment Due +3 0.2 - 0.3 - -
Operating Lease Commitment Due +4 0.0 - 0.0 - -
Operating Lease Commitment Due +5 0.0 - 0.0 - -
Operating Lease Commitment Due, Next 5 Yrs 0.9 - 1.1 - -
Contractual Obligations Due +1 1.7 - 4.2 - -
Contractual Obligations Due, Next 5 Yrs 1.7 - 4.2 - -
Total Contractual Obligations 1.7 - 4.2 - -
Interest Rate Data
W/Avg. Interest Rate - Long-term Debt 1.1% - - - -
Filing Date Mar-12-2014 - Mar-12-2014 - May-09-2014

Currency USD USD USD
Exchange Rate 1.0 1.0 1.0
Conversion Method S S S




% of Total
0.0%
100.0%
-
100.0%
% of Total
-
-
100.0%
-
-
-
-
-
3 months Mar-31-2014
3 months Mar-31-2014
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
Marten Transport Ltd. (NasdaqGS:MRTN) > Financials > Capital Structure Details
Principal Due in Millions of the
reported currency. Period Type: Annual

Source: A 2013 filed Mar-12-2014

Currency: Reported Currency Conversion: Today's Spot Rate
Units: S&P Capital IQ (Default) Decimals: Capital IQ (Default)
FY 2013 (Dec-31-2013) Capital Structure As Reported Details
Description Type Principal Due (USD)
Coupon/Base
Rate FloatingRate Maturity Seniority
Unsecured Committed Credit
Facility May 2016
Revolving Credit - 0.990% Various Benchmarks May-01-2016 Senior
FY 2012 (Dec-31-2012) Capital Structure As Reported Details
Description Type Principal Due (USD)
Coupon/Base
Rate FloatingRate Maturity Seniority
Unsecured Committed Credit
Facility May 2016
Revolving Credit 2.7 0.990% Various Benchmarks May-01-2016 Senior

Secured Convertible
Repaymen
t Currency
No No USD
Secured Convertible
Repaymen
t Currency
No No USD
Marten Transport Ltd. (NasdaqGS:MRTN) > Financials > Ratios
Restatement: Latest Filings Period Type: Annual
Order: Latest on Right Decimals: Capital IQ (Default)
Ratios
For the Fiscal Period Ending 12 months
Dec-31-2009
12 months
Dec-31-2010
12 months
Dec-31-2011
12 months
Dec-31-2012
12 months
Dec-31-2013
Profitability
Return on Assets % 4.3% 4.9% 5.3% 5.3% 5.7%
Return on Capital % 6.5% 7.2% 7.7% 7.7% 8.3%
Return on Equity % 6.3% 7.1% 8.1% 8.5% 8.7%
Return on Common Equity % 6.2% 7.0% 7.9% 8.4% 8.8%
Margin Analysis
Gross Margin % 23.4% 23.4% 22.4% 22.3% 23.6%
SG&A Margin % 3.9% 3.2% 3.0% 3.2% 3.6%
EBITDA Margin % 16.0% 16.7% 16.0% 15.9% 16.8%
EBITA Margin % 5.5% 6.6% 6.5% 6.4% 7.0%
EBIT Margin % 5.5% 6.6% 6.5% 6.4% 7.0%
Earnings from Cont. Ops Margin % 3.3% 3.9% 4.2% 4.3% 4.6%
Net Income Margin % 3.2% 3.8% 4.0% 4.3% 4.6%
Net Income Avail. for Common Margin % 3.2% 3.8% 4.0% 4.3% 4.6%
Normalized Net Income Margin % 3.3% 4.0% 3.9% 3.9% 4.4%
Levered Free Cash Flow Margin % (6.9%) (12.6%) (0.5%) (9.2%) (3.3%)
Unlevered Free Cash Flow Margin % (6.9%) (12.6%) (0.5%) (9.2%) (3.3%)
Asset Turnover
Total Asset Turnover 1.2x 1.2x 1.3x 1.3x 1.3x
Fixed Asset Turnover 1.5x 1.4x 1.6x 1.7x 1.6x
Accounts Receivable Turnover 10.6x 10.7x 10.9x 10.2x 9.6x
Inventory Turnover 173.9x 156.9x 152.0x 154.8x 162.5x
Short Term Liquidity
Current Ratio 1.3x 1.3x 2.2x 2.0x 2.0x
Quick Ratio 1.0x 1.0x 1.8x 1.6x 1.7x
Cash from Ops. to Curr. Liab. 1.5x 0.9x 1.9x 1.8x 1.7x
Avg. Days Sales Out. 34.5 34.1 33.4 36.0 38.0
Avg. Days Inventory Out. 2.1 2.3 2.4 2.4 2.2
Avg. Days Payable Out. 15.1 15.7 13.9 12.5 12.8
Avg. Cash Conversion Cycle 21.5 20.7 21.9 25.8 27.4
Long Term Solvency
Total Debt/Equity 0.5% 6.5% NA 0.8% NA
Total Debt/Capital 0.5% 6.1% NA 0.8% NA
LT Debt/Equity 0.0% NA NA 0.8% NA
LT Debt/Capital 0.0% NA NA 0.8% NA
Total Liabilities/Total Assets 33.7% 35.7% 31.9% 32.3% 31.7%
EBIT / Interest Exp. NM NA NA NA NA
EBITDA / Interest Exp. NM NA NA NA NA
(EBITDA-CAPEX) / Interest Exp. NM NA NA NA NA
Total Debt/EBITDA 0.0x 0.2x NA 0.0x NA
Net Debt/EBITDA NM 0.2x NM NM NM
Total Debt/(EBITDA-CAPEX) NM NM NA NM NA
Net Debt/(EBITDA-CAPEX) NM NM NM NM NM
Altman Z Score 3.88 3.74 4.16 4.03 4.3
Growth Over Prior Year
Total Revenue (16.7%) 2.2% 16.8% 5.8% 3.3%
Gross Profit (4.1%) 2.2% 11.8% 5.4% 9.1%
EBITDA 1.3% 6.6% 12.4% 4.9% 8.9%
EBITA (7.7%) 23.3% 14.8% 3.4% 13.5%
EBIT (7.7%) 23.3% 14.8% 3.4% 13.5%
Earnings from Cont. Ops. (12.2%) 20.9% 23.2% 10.6% 8.9%
Net Income (10.0%) 21.4% 23.0% 12.3% 10.6%
Normalized Net Income (1.9%) 24.0% 14.4% 4.8% 16.3%
Diluted EPS before Extra (9.8%) 21.6% 21.7% 12.3% 9.8%
Accounts Receivable (9.4%) 12.5% 16.2% 11.5% 7.0%
Inventory (0.6%) 27.2% 18.2% (8.2%) 2.2%
Net PP&E 8.6% 9.0% (1.0%) 7.1% 5.2%
Total Assets 4.4% 11.0% 2.2% 4.3% 7.2%
Tangible Book Value 6.8% 7.6% 8.2% 3.5% 9.0%
Common Equity 6.8% 7.6% 8.2% 3.5% 9.0%
Cash from Ops. 6.0% (21.0%) 33.6% (0.8%) 4.3%
Capital Expenditures 64.5% 7.5% (30.0%) 59.4% (10.7%)
Levered Free Cash Flow NM NM NM NM NM
Unlevered Free Cash Flow NM NM NM NM NM
Dividend per Share NA NA 98.5% 18.9% 32.4%
Compound Annual Growth Rate Over Two Years
Total Revenue (5.0%) (7.7%) 9.2% 11.1% 4.5%
Gross Profit 1.5% (1.0%) 6.9% 8.6% 7.2%
EBITDA 6.4% 3.9% 9.4% 8.6% 6.9%
EBITA 6.6% 6.7% 18.9% 8.9% 8.3%
EBIT 6.6% 6.7% 18.9% 8.9% 8.3%
Earnings from Cont. Ops. 3.4% 3.0% 22.0% 16.7% 9.8%
Net Income 4.2% 4.5% 22.2% 17.5% 11.4%
Normalized Net Income 15.7% 10.3% 19.1% 9.5% 10.4%
Diluted EPS before Extra 4.3% 4.8% 21.6% 16.9% 11.0%
Accounts Receivable (6.1%) 0.9% 14.3% 13.9% 9.2%
Inventory 0.8% 12.4% 22.6% 4.2% (3.1%)
Net PP&E 2.5% 8.8% 3.8% 3.0% 6.2%
Total Assets 0.9% 7.6% 6.5% 3.2% 5.7%
Tangible Book Value 7.4% 7.2% 7.9% 5.8% 6.2%
Common Equity 7.4% 7.2% 7.9% 5.8% 6.2%
Cash from Ops. 14.6% (8.5%) 2.7% 15.1% 1.7%
Capital Expenditures 20.5% 33.0% (13.2%) 5.6% 19.3%
Levered Free Cash Flow NM NM NM NM NM
Unlevered Free Cash Flow NM NM NM NM NM
Dividend per Share NA NA NA 53.6% 25.4%
Compound Annual Growth Rate Over Three Years
Total Revenue (0.8%) (2.6%) (0.2%) 8.1% 8.4%
Gross Profit (1.0%) 1.7% 3.1% 6.4% 8.7%
EBITDA 0.9% 6.4% 6.7% 7.9% 8.7%
EBITA (6.7%) 11.9% 9.3% 13.5% 10.4%
EBIT (6.7%) 11.9% 9.3% 13.5% 10.4%
Earnings from Cont. Ops. (12.7%) 8.9% 9.3% 18.1% 14.1%
Net Income (12.8%) 9.7% 10.4% 18.8% 15.2%
Normalized Net Income (4.3%) 18.4% 11.6% 14.1% 11.7%
Diluted EPS before Extra (12.9%) 9.8% 10.1% 18.5% 14.5%
Accounts Receivable (1.8%) (0.3%) 5.8% 13.4% 11.5%
Inventory 1.7% 8.9% 14.3% 11.3% 3.5%
Net PP&E 1.2% 4.6% 5.4% 4.9% 3.7%
Total Assets 0.3% 4.2% 5.8% 5.8% 4.5%
Tangible Book Value 7.3% 7.5% 7.6% 6.4% 6.9%
Common Equity 7.3% 7.5% 7.6% 6.4% 6.9%
Cash from Ops. 2.0% 1.2% 3.8% 1.5% 11.4%
Capital Expenditures (3.8%) 16.0% 7.4% 6.3% (0.1%)
Levered Free Cash Flow NM NM NM NM NM
Unlevered Free Cash Flow NM NM NM NM NM
Dividend per Share NA NA NA NA 46.2%
Compound Annual Growth Rate Over Five Years
Total Revenue 5.9% 2.4% 3.1% 2.7% 1.7%
Gross Profit 3.6% 0.9% 2.1% 4.4% 4.7%
EBITDA 5.5% 2.2% 4.3% 7.3% 6.7%
EBITA (1.0%) (2.6%) 2.8% 10.7% 8.9%
EBIT (1.0%) (2.6%) 2.8% 10.7% 8.9%
Earnings from Cont. Ops. (0.9%) (4.6%) (0.2%) 12.0% 9.5%
Net Income (1.5%) (4.7%) (0.2%) 12.7% 10.8%
Normalized Net Income (1.2%) (2.2%) 4.5% 14.8% 11.1%
Diluted EPS before Extra (1.8%) (4.6%) (0.5%) 12.6% 10.5%
Accounts Receivable 3.1% 1.5% 4.3% 5.1% 7.2%
Inventory 9.5% 7.7% 9.6% 7.0% 7.0%
Net PP&E 9.6% 6.6% 2.2% 3.9% 5.7%
Total Assets 7.5% 5.6% 2.8% 3.8% 5.8%
Tangible Book Value 10.2% 8.7% 7.6% 6.8% 7.0%
Common Equity 10.2% 8.7% 7.6% 6.8% 7.0%
Cash from Ops. 9.9% (2.3%) 2.3% 6.6% 3.0%
Capital Expenditures 1.0% (0.0%) (7.7%) 11.7% 12.0%
Levered Free Cash Flow NM NM NM NM NM
Unlevered Free Cash Flow NM NM NM NM NM
Dividend per Share NA NA NA NA NA




LTM
12 months
Mar-31-2014
5.3%
7.8%
8.1%
8.1%
23.6%
3.7%
16.7%
6.7%
6.7%
4.3%
4.3%
4.3%
4.2%
(5.8%)
(5.8%)
1.3x
1.6x
9.6x
NA
1.9x
1.6x
1.7x
38.0
NA
32.1
NA
NA
NA
NA
NA
32.1%
NA
NA
NA
NA
NM
NA
NM
4.36
0.4%
5.6%
4.1%
2.8%
2.8%
(4.1%)
(2.7%)
5.5%
(3.8%)
6.5%
NA
4.0%
5.5%
8.3%
8.3%
7.9%
(1.7%)
NM
NM
37.0%
2.9%
5.3%
5.0%
4.2%
4.2%
3.3%
4.9%
6.5%
4.2%
9.5%
NA
5.1%
4.5%
6.0%
6.0%
10.2%
9.7%
NM
NM
31.0%
7.3%
8.0%
8.0%
8.7%
8.7%
11.0%
12.3%
10.4%
11.5%
7.9%
NA
5.2%
6.0%
6.9%
6.9%
8.6%
9.4%
NM
NM
31.7%
2.2%
3.5%
5.5%
6.3%
6.3%
6.8%
7.7%
7.8%
7.4%
8.7%
NA
6.1%
5.8%
7.0%
7.0%
1.1%
9.9%
NM
NM
NA
Marten Transport Ltd. (NasdaqGS:MRTN) > Financials > Supplemental
In Millions of the reported currency, except per share items. Restatement: Latest Filings Period Type: Annual
Currency: Reported Currency Conversion: Today's Spot Rate
Order: Latest on Right Units: S&P Capital IQ (Default)
Decimals: Capital IQ (Default)
Supplemental
For the Fiscal Period Ending 12 months
Dec-31-2008
12 months
Dec-31-2009
12 months
Dec-31-2010
12 months
Dec-31-2011
12 months
Dec-31-2012
Currency USD USD USD USD USD
Options Outstanding
Options Out. at the Beginning of the Period - - - - -
Options Granted During the Period - - - - -
Options Exercised During the Period - - - - -
Options Cancelled During the Period - - - - -
Options Out. at the End of the Period - - - - -
W/Avg. Strike Price of Out. at the End of the Period - - - - -
W/Avg. Strike Price of Granted - - - - -
Options Outstanding - All Classes
Options Out. at the Beginning of the Period - - - - -
Options Granted During the Period - - - - -
Options Exercised During the Period - - - - -
Options Cancelled During the Period - - - - -
Options Out. at the End of the Period - - - - -
Stock Based Compensation
Stock Based Comp. Exp., Before Tax 0.7 0.6 1.3 1.3 1.2
Stock Based Comp. Exp., After Tax 0.4 0.4 0.8 0.8 0.8
Adoption of FIN 48 Related Items
Unrecognized Tax Benefits - Beginning of Period - - - - -
Increase in Unrecog. Tax Benefits - Current Yr. - - - - -
Unrecognized Tax Benefits - End of Period - - - - 0.3
Unrecog. Tax Benefit Impacting Effective Tax Rate - - - - -

Filing Date Mar-15-2011 Mar-14-2012 Mar-14-2013 Mar-12-2014 Mar-12-2014




S&P Capital IQ (Default)
12 months
Dec-31-2013
USD
1.0
0.2
0.1
0.0
1.0
$14.07
$16.76
1.0
0.2
0.1
0.0
1.0
1.1
0.7
0.3
0.1
0.3
0.2

Mar-12-2014
Marten Transport Ltd. (NasdaqGS:MRTN) > Financials > Pension/OPEB
In Millions of the reported currency, except per share items. Restatement: Latest Filings Period Type: Annual
Currency: Reported Currency Conversion: Today's Spot Rate
Order: Latest on Right Units: S&P Capital IQ (Default)
Decimals: Capital IQ (Default)
Pension/OPEB
For the Fiscal Period Ending 12 months
Dec-31-2008
12 months
Dec-31-2009
12 months
Dec-31-2010
12 months
Dec-31-2011
12 months
Dec-31-2012
Currency USD USD USD USD USD
Pension Information - Total
Defined Benefit Net Periodic Cost
Def. Contribution Plan Cost 1.0 1.0 0.6 0.8 0.9
Total Pension Expense 1.0 1.0 0.6 0.8 0.9
Adj. for Liability Recognized on Balance Sheet
Net Asset/Liability Recognized on Balance Sheet (3.4) - - - -
Consolidated Balance Sheet Amounts
Current Liabilities (3.4) - - - -
Pension Information - Domestic
Adj. for Liability Recognized on Balance Sheet
Net Asset/Liability Recognized on Balance Sheet (3.4) - - - -
Consolidated Balance Sheet Amounts
Current Liabilities (3.4) - - - -




S&P Capital IQ (Default)
12 months
Dec-31-2013
USD
1.4
1.4
-
-
-
-
Marten Transport Ltd. (NasdaqGS:MRTN) > Financials > Segments
In Millions of the reported currency. View By: Line Items Restatement: Latest Filings
Period Type: Annual Order: Latest on Right
Currency: Reported Currency Conversion: Today's Spot Rate
Units: S&P Capital IQ (Default) Decimals: Capital IQ (Default)
Business Segments
For the Fiscal Period Ending
Reclassified
12 months
Dec-31-2008
Reclassified
12 months
Dec-31-2009
12 months
Dec-31-2010
12 months
Dec-31-2011
12 months
Dec-31-2012
Currency USD USD USD USD USD
Revenues
Truckload 508.2 396.8 392.8 455.8 483.3
Logistics 98.9 109.1 124.2 147.8 155.1
Total Revenues 607.1 505.9 516.9 603.7 638.5
Operating Profit Before Tax
Truckload 26.1 22.8 28.7 35.3 36.8
Logistics 6.7 6.5 6.6 7.7 9.0
Total Operating Profit Before Tax 32.7 29.4 35.3 43.0 45.9
Depreciation & Amortization
Truckload - 50.2 49.0 - 56.7
Logistics - 2.9 2.9 - 4.2
Total Depreciation & Amortization - 53.1 51.9 - 60.9

Filing Date Mar-15-2011 Mar-14-2012 Mar-14-2013 Mar-12-2014 Mar-12-2014
Geographic Segments
For the Fiscal Period Ending
Reclassified
12 months
Dec-31-2008
Reclassified
12 months
Dec-31-2009
12 months
Dec-31-2010
12 months
Dec-31-2011
12 months
Dec-31-2012
Currency USD USD USD USD USD
Revenues
United States 607.1 505.9 516.9 603.7 638.5
Total Revenues 607.1 505.9 516.9 603.7 638.5
Operating Profit Before Tax
United States - 29.4 35.3 43.0 45.9
Total Operating Profit Before Tax - 29.4 35.3 43.0 45.9
Interest Expense
United States - 0 - - -
Total Interest Expense - 0 - - -
Net Profit Before Tax
United States - 28.7 34.7 42.2 45.4
Total Net Profit Before Tax - 28.7 34.7 42.2 45.4
Tax Expense
United States - 12.5 14.9 18.0 18.1
Total Tax Expense - 12.5 14.9 18.0 18.1
Net Profit After Tax
United States - 16.3 19.7 24.3 27.3
Total Net Profit After Tax - 16.3 19.7 24.3 27.3
Assets
United States - - 460.3 470.6 490.6
Total Assets - - 460.3 470.6 490.6
Depreciation & Amortization
United States - 53.1 51.9 57.5 60.9
Total Depreciation & Amortization - 53.1 51.9 57.5 60.9
Capital Expenditure
United States - (112.8) (121.3) (84.9) (135.4)
Total Capital Expenditure - (112.8) (121.3) (84.9) (135.4)

Filing Date Mar-15-2011 Mar-14-2012 Mar-14-2013 Mar-12-2014 Mar-12-2014

12 months
Dec-31-2013
USD
507.3
151.9
659.2
44.9
7.1
52.0
59.3
5.2
64.5

Mar-12-2014
12 months
Dec-31-2013
USD
659.2
659.2
52.0
52.0
-
-
52.3
52.3
22.2
22.2
30.1
30.1
525.8
525.8
64.5
64.5
(120.8)
(120.8)

Mar-12-2014