vs

Side-by-side financial comparison of MARTEN TRANSPORT LTD (MRTN) and LiveRamp Holdings, Inc. (RAMP). Click either name above to swap in a different company.

LiveRamp Holdings, Inc. is the larger business by last-quarter revenue ($212.2M vs $210.1M, roughly 1.0× MARTEN TRANSPORT LTD). LiveRamp Holdings, Inc. runs the higher net margin — 18.8% vs 1.8%, a 17.0% gap on every dollar of revenue. On growth, LiveRamp Holdings, Inc. posted the faster year-over-year revenue change (8.6% vs -8.8%). Over the past eight quarters, LiveRamp Holdings, Inc.'s revenue compounded faster (11.1% CAGR vs -8.3%).

Marten Transport, Ltd. is an American trucking company headquartered in Mondovi, Wisconsin. The company offers refrigerated and dry van freight transport services across the United States, Canada, and Mexico.

LiveRamp Holdings, Inc., is an American SaaS company that offers a data connectivity platform whose services include data onboarding, the transfer of offline data online for marketing purposes.

MRTN vs RAMP — Head-to-Head

Bigger by revenue
RAMP
RAMP
1.0× larger
RAMP
$212.2M
$210.1M
MRTN
Growing faster (revenue YoY)
RAMP
RAMP
+17.4% gap
RAMP
8.6%
-8.8%
MRTN
Higher net margin
RAMP
RAMP
17.0% more per $
RAMP
18.8%
1.8%
MRTN
Faster 2-yr revenue CAGR
RAMP
RAMP
Annualised
RAMP
11.1%
-8.3%
MRTN

Income Statement — Q4 FY2025 vs Q3 FY2026

Metric
MRTN
MRTN
RAMP
RAMP
Revenue
$210.1M
$212.2M
Net Profit
$3.7M
$39.9M
Gross Margin
71.9%
Operating Margin
2.2%
18.6%
Net Margin
1.8%
18.8%
Revenue YoY
-8.8%
8.6%
Net Profit YoY
-34.4%
255.7%
EPS (diluted)
$0.04
$0.62

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
MRTN
MRTN
RAMP
RAMP
Q4 25
$210.1M
$212.2M
Q3 25
$220.5M
$199.8M
Q2 25
$229.9M
$194.8M
Q1 25
$223.2M
$188.7M
Q4 24
$230.4M
$195.4M
Q3 24
$237.4M
$185.5M
Q2 24
$246.2M
$176.0M
Q1 24
$249.7M
$171.9M
Net Profit
MRTN
MRTN
RAMP
RAMP
Q4 25
$3.7M
$39.9M
Q3 25
$2.2M
$27.4M
Q2 25
$7.2M
$7.7M
Q1 25
$4.3M
$-6.3M
Q4 24
$5.6M
$11.2M
Q3 24
$3.8M
$1.7M
Q2 24
$7.9M
$-7.5M
Q1 24
$9.6M
$-5.4M
Gross Margin
MRTN
MRTN
RAMP
RAMP
Q4 25
71.9%
Q3 25
70.2%
Q2 25
70.1%
Q1 25
69.3%
Q4 24
71.9%
Q3 24
72.4%
Q2 24
70.6%
Q1 24
72.2%
Operating Margin
MRTN
MRTN
RAMP
RAMP
Q4 25
2.2%
18.6%
Q3 25
1.2%
10.7%
Q2 25
4.2%
3.7%
Q1 25
2.6%
-6.1%
Q4 24
2.9%
7.5%
Q3 24
1.8%
4.0%
Q2 24
4.1%
-3.0%
Q1 24
4.9%
-8.3%
Net Margin
MRTN
MRTN
RAMP
RAMP
Q4 25
1.8%
18.8%
Q3 25
1.0%
13.7%
Q2 25
3.1%
4.0%
Q1 25
1.9%
-3.3%
Q4 24
2.4%
5.7%
Q3 24
1.6%
0.9%
Q2 24
3.2%
-4.3%
Q1 24
3.9%
-3.1%
EPS (diluted)
MRTN
MRTN
RAMP
RAMP
Q4 25
$0.04
$0.62
Q3 25
$0.03
$0.42
Q2 25
$0.09
$0.12
Q1 25
$0.05
$-0.10
Q4 24
$0.06
$0.17
Q3 24
$0.05
$0.03
Q2 24
$0.10
$-0.11
Q1 24
$0.12
$-0.09

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
MRTN
MRTN
RAMP
RAMP
Cash + ST InvestmentsLiquidity on hand
$43.3M
$403.4M
Total DebtLower is stronger
Stockholders' EquityBook value
$767.6M
$962.3M
Total Assets
$949.8M
$1.3B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
MRTN
MRTN
RAMP
RAMP
Q4 25
$43.3M
$403.4M
Q3 25
$49.5M
$376.9M
Q2 25
$35.1M
$371.1M
Q1 25
$39.9M
$420.8M
Q4 24
$17.3M
$384.3M
Q3 24
$43.0M
$348.4M
Q2 24
$77.2M
$342.7M
Q1 24
$73.7M
$368.9M
Stockholders' Equity
MRTN
MRTN
RAMP
RAMP
Q4 25
$767.6M
$962.3M
Q3 25
$768.2M
$943.8M
Q2 25
$770.7M
$947.8M
Q1 25
$767.5M
$948.9M
Q4 24
$767.9M
$957.7M
Q3 24
$766.5M
$932.1M
Q2 24
$766.8M
$951.9M
Q1 24
$762.4M
$949.1M
Total Assets
MRTN
MRTN
RAMP
RAMP
Q4 25
$949.8M
$1.3B
Q3 25
$975.7M
$1.2B
Q2 25
$991.8M
$1.2B
Q1 25
$983.3M
$1.3B
Q4 24
$968.8M
$1.3B
Q3 24
$1.0B
$1.2B
Q2 24
$1.0B
$1.2B
Q1 24
$993.0M
$1.2B

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
MRTN
MRTN
RAMP
RAMP
Operating Cash FlowLast quarter
$5.6M
Free Cash FlowOCF − Capex
FCF MarginFCF / Revenue
Capex IntensityCapex / Revenue
0.1%
Cash ConversionOCF / Net Profit
1.51×
TTM Free Cash FlowTrailing 4 quarters

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
MRTN
MRTN
RAMP
RAMP
Q4 25
$5.6M
Q3 25
$18.5M
$57.4M
Q2 25
$33.2M
$-15.8M
Q1 25
$36.2M
Q4 24
$23.8M
$45.1M
Q3 24
$29.5M
$55.6M
Q2 24
$35.8M
$-9.3M
Q1 24
$45.7M
Free Cash Flow
MRTN
MRTN
RAMP
RAMP
Q4 25
Q3 25
$56.8M
Q2 25
$-16.2M
Q1 25
Q4 24
$44.8M
Q3 24
$55.4M
Q2 24
$-9.6M
Q1 24
FCF Margin
MRTN
MRTN
RAMP
RAMP
Q4 25
Q3 25
28.4%
Q2 25
-8.3%
Q1 25
Q4 24
22.9%
Q3 24
29.8%
Q2 24
-5.4%
Q1 24
Capex Intensity
MRTN
MRTN
RAMP
RAMP
Q4 25
0.1%
Q3 25
0.3%
Q2 25
0.2%
Q1 25
0.2%
Q4 24
0.1%
Q3 24
0.1%
Q2 24
0.1%
Q1 24
1.0%
Cash Conversion
MRTN
MRTN
RAMP
RAMP
Q4 25
1.51×
Q3 25
8.33×
2.09×
Q2 25
4.61×
-2.04×
Q1 25
8.35×
Q4 24
4.22×
4.02×
Q3 24
7.85×
32.10×
Q2 24
4.54×
Q1 24
4.74×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

MRTN
MRTN

Revenue Net Of Fuel Surcharge$91.2M43%
Dedicated$65.9M31%
Brokerage$38.2M18%
Truckload Fuel Surcharge Revenue$14.8M7%
Fuel Surcharge Revenue$9.8M5%

RAMP
RAMP

Segment breakdown not available.

Related Comparisons