Marten Transport Results Presentation Deck
Improving Organic Operating Results
Each year since 2018 has had a very different market environment-with the start of
2023 considerably softer
In each of the five years from 2018 through 2022, we set the then-current record for our highest annual operating revenue
and operating income. We also achieved in each of 2020 through 2022 our then-best operating ratio, net of fuel s/c, for
any year since we became a public company in 1986. Operating revenue increased 3.7% in Q1 '23 despite the softer freight
market.
Operating Results Comparison - Percentage Change vs. Same Period of Prior Year
Operating revenue
Operating revenue, net of
fuel surcharges
Operating income
Net income
Three Months
Ended
March 31,
2023 vs. 2022
3.7%
3.9%
(19.1)%
(18.3)%
Year
Ended
December 31,
2022 vs. 2021
29.8%
23.1%
28.3%
29.2%
Year
Ended
December 31,
2021 vs. 2020
11.4%
8.3%
19.8%
22.9%
Year
Ended
December 31,
2020 vs. 2019
3.7%
6.8%
21.9%
MARTEN M+
TTRANSPORT
LTD.
13.8%
Year
Ended
December 31,
2019 vs. 2018
7.1%
8.6%
8.7%
11.0%View entire presentation