Marten Transport Management
Management criteria checks 4/4
Marten Transport's CEO is Randy Marten, appointed in Jan 2025, has a tenure of 45.25 years. total yearly compensation is $1.20M, comprised of 69.4% salary and 30.6% bonuses, including company stock and options. directly owns 21.72% of the company’s shares, worth $202.88M. The average tenure of the management team and the board of directors is 2.8 years and 14.1 years respectively.
Key information
Randy Marten
Chief executive officer
US$1.2m
Total compensation
| CEO salary percentage | 69.37% |
| CEO tenure | 1yr |
| CEO ownership | 21.7% |
| Management average tenure | 2.8yrs |
| Board average tenure | 14.1yrs |
Recent management updates
Recent updates
Be Wary Of Marten Transport (NASDAQ:MRTN) And Its Returns On Capital
Nov 27
Marten Transport: One Of The Top Candidates In Trucking
Nov 15Marten Transport's (NASDAQ:MRTN) Weak Earnings May Only Reveal A Part Of The Whole Picture
Aug 20Some Investors May Be Worried About Marten Transport's (NASDAQ:MRTN) Returns On Capital
Jul 03Should You Think About Buying Marten Transport, Ltd. (NASDAQ:MRTN) Now?
Apr 04Marten Transport (NASDAQ:MRTN) Has Announced A Dividend Of $0.06
Feb 27Marten Transport, Ltd.'s (NASDAQ:MRTN) Share Price Matching Investor Opinion
Feb 25Marten Transport Earnings: Bad Year, But We May See A Slight Rebound In 2025
Jan 28A Look At The Fair Value Of Marten Transport, Ltd. (NASDAQ:MRTN)
Jan 16Here's What's Concerning About Marten Transport's (NASDAQ:MRTN) Returns On Capital
Nov 12Marten Transport, Ltd.'s (NASDAQ:MRTN) Shares May Have Run Too Fast Too Soon
Oct 19Marten Transport (NASDAQ:MRTN) Will Pay A Dividend Of $0.06
Aug 18Marten Transport: Signs Of Improvement Justify A Neutral Stance As Earnings Near
Jul 15Be Wary Of Marten Transport (NASDAQ:MRTN) And Its Returns On Capital
Jul 12Investor Optimism Abounds Marten Transport, Ltd. (NASDAQ:MRTN) But Growth Is Lacking
May 06At US$18.38, Is It Time To Put Marten Transport, Ltd. (NASDAQ:MRTN) On Your Watch List?
Mar 05Marten Transport Q4: Beneficial Management Words, Operating Ratio Increases, And Undervalued
Jan 31Investor Optimism Abounds Marten Transport, Ltd. (NASDAQ:MRTN) But Growth Is Lacking
Jan 23Marten Transport, Ltd. (NASDAQ:MRTN) Shares Could Be 42% Below Their Intrinsic Value Estimate
Dec 24Marten Transport (NASDAQ:MRTN) Has Affirmed Its Dividend Of $0.06
Dec 05There's Been No Shortage Of Growth Recently For Marten Transport's (NASDAQ:MRTN) Returns On Capital
Oct 20Should You Think About Buying Marten Transport, Ltd. (NASDAQ:MRTN) Now?
Sep 27Marten Transport's (NASDAQ:MRTN) Dividend Will Be $0.06
Aug 29Returns Are Gaining Momentum At Marten Transport (NASDAQ:MRTN)
Jul 20Does Marten Transport (NASDAQ:MRTN) Deserve A Spot On Your Watchlist?
Jul 01Should You Investigate Marten Transport, Ltd. (NASDAQ:MRTN) At US$21.64?
May 24Marten Transport (NASDAQ:MRTN) Is Due To Pay A Dividend Of $0.06
May 06Returns On Capital Are Showing Encouraging Signs At Marten Transport (NASDAQ:MRTN)
Apr 01CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Sep 30 2025 | n/a | n/a | US$19m |
| Jun 30 2025 | n/a | n/a | US$21m |
| Mar 31 2025 | n/a | n/a | US$22m |
| Dec 31 2024 | US$1m | US$831k | US$27m |
| Sep 30 2024 | n/a | n/a | US$34m |
| Jun 30 2024 | n/a | n/a | US$44m |
| Mar 31 2024 | n/a | n/a | US$58m |
| Dec 31 2023 | US$1m | US$811k | US$70m |
| Sep 30 2023 | n/a | n/a | US$83m |
| Jun 30 2023 | n/a | n/a | US$96m |
| Mar 31 2023 | n/a | n/a | US$105m |
| Dec 31 2022 | US$2m | US$777k | US$110m |
| Sep 30 2022 | n/a | n/a | US$110m |
| Jun 30 2022 | n/a | n/a | US$105m |
| Mar 31 2022 | n/a | n/a | US$95m |
| Dec 31 2021 | US$2m | US$735k | US$85m |
| Sep 30 2021 | n/a | n/a | US$80m |
| Jun 30 2021 | n/a | n/a | US$77m |
| Mar 31 2021 | n/a | n/a | US$74m |
| Dec 31 2020 | US$1m | US$729k | US$70m |
| Sep 30 2020 | n/a | n/a | US$66m |
| Jun 30 2020 | n/a | n/a | US$64m |
| Mar 31 2020 | n/a | n/a | US$61m |
| Dec 31 2019 | US$1m | US$706k | US$61m |
Compensation vs Market: Randy's total compensation ($USD1.20M) is below average for companies of similar size in the US market ($USD3.49M).
Compensation vs Earnings: Randy's compensation has been consistent with company performance over the past year.
CEO
Randy Marten (72 yo)
Mr. Randolph L. Marten, also known as Randy, served as Executive Chairman of the Board at Marten Transport, Ltd. since May 4, 2021 until 1 October 2025 and serves as its Chairman of the Board since 1 Octob...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO & Chairman of the Board | 1yr | US$1.20m | 21.72% $ 202.9m | |
| President | 4.4yrs | US$590.75k | 0.045% $ 417.9k | |
| Executive VP & CFO | 20yrs | US$607.42k | 0.17% $ 1.6m | |
| Executive VP & COO | 2.8yrs | US$457.42k | 0.014% $ 134.7k | |
| Executive VP & CTO | 2.4yrs | US$443.89k | 0.023% $ 218.0k | |
| Secretary | no data | no data | no data |
Experienced Management: MRTN's management team is considered experienced (2.8 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO & Chairman of the Board | 45.3yrs | US$1.20m | 21.72% $ 202.9m | |
| Independent Director | 18.1yrs | US$131.39k | 0.067% $ 628.0k | |
| Independent Director | 2.8yrs | US$119.14k | 0.013% $ 126.0k | |
| Independent Director | 5.8yrs | US$132.14k | 0.023% $ 214.9k | |
| Independent Director | 34.5yrs | US$119.14k | 0.25% $ 2.4m | |
| Independent Director | 10.1yrs | US$136.39k | 0.035% $ 323.7k |
Experienced Board: MRTN's board of directors are seasoned and experienced ( 14.1 years average tenure).
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2026/01/03 00:39 |
| End of Day Share Price | 2026/01/02 00:00 |
| Earnings | 2025/09/30 |
| Annual Earnings | 2024/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* Example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.
Analysis Model and Snowflake
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Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.
Analyst Sources
Marten Transport, Ltd. is covered by 11 analysts. 3 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Todd Fowler | KeyBanc Capital Markets Inc. |
| Jeffrey Kauffman | Loop Capital Markets |
| Matthew Young | Morningstar Inc. |