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

Schneider National, Inc. is the larger business by last-quarter revenue ($1.4B vs $210.1M, roughly 6.7× MARTEN TRANSPORT LTD). MARTEN TRANSPORT LTD runs the higher net margin — 1.8% vs 1.6%, a 0.2% gap on every dollar of revenue. On growth, Schneider National, Inc. posted the faster year-over-year revenue change (4.5% vs -8.8%). Over the past eight quarters, Schneider National, Inc.'s revenue compounded faster (3.0% 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.

Schneider National, Inc. is an American transportation company that provides truckload, intermodal, and logistics services. Schneider's services include regional, long-haul, expedited, dedicated, bulk, intermodal, brokerage, cross-dock logistics, pool point distribution, supply chain management, and port logistics.

MRTN vs SNDR — Head-to-Head

Bigger by revenue
SNDR
SNDR
6.7× larger
SNDR
$1.4B
$210.1M
MRTN
Growing faster (revenue YoY)
SNDR
SNDR
+13.3% gap
SNDR
4.5%
-8.8%
MRTN
Higher net margin
MRTN
MRTN
0.2% more per $
MRTN
1.8%
1.6%
SNDR
Faster 2-yr revenue CAGR
SNDR
SNDR
Annualised
SNDR
3.0%
-8.3%
MRTN

Income Statement — Q4 2025 vs Q4 2025

Metric
MRTN
MRTN
SNDR
SNDR
Revenue
$210.1M
$1.4B
Net Profit
$3.7M
$22.1M
Gross Margin
Operating Margin
2.2%
2.6%
Net Margin
1.8%
1.6%
Revenue YoY
-8.8%
4.5%
Net Profit YoY
-34.4%
-32.2%
EPS (diluted)
$0.04
$0.13

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
SNDR
SNDR
Q4 25
$210.1M
$1.4B
Q3 25
$220.5M
$1.5B
Q2 25
$229.9M
$1.4B
Q1 25
$223.2M
$1.4B
Q4 24
$230.4M
$1.3B
Q3 24
$237.4M
$1.3B
Q2 24
$246.2M
$1.3B
Q1 24
$249.7M
$1.3B
Net Profit
MRTN
MRTN
SNDR
SNDR
Q4 25
$3.7M
$22.1M
Q3 25
$2.2M
$19.4M
Q2 25
$7.2M
$36.0M
Q1 25
$4.3M
$26.1M
Q4 24
$5.6M
$32.6M
Q3 24
$3.8M
$30.6M
Q2 24
$7.9M
$35.3M
Q1 24
$9.6M
$18.5M
Operating Margin
MRTN
MRTN
SNDR
SNDR
Q4 25
2.2%
2.6%
Q3 25
1.2%
2.4%
Q2 25
4.2%
3.9%
Q1 25
2.6%
3.0%
Q4 24
2.9%
3.2%
Q3 24
1.8%
3.3%
Q2 24
4.1%
3.9%
Q1 24
4.9%
2.2%
Net Margin
MRTN
MRTN
SNDR
SNDR
Q4 25
1.8%
1.6%
Q3 25
1.0%
1.3%
Q2 25
3.1%
2.5%
Q1 25
1.9%
1.9%
Q4 24
2.4%
2.4%
Q3 24
1.6%
2.3%
Q2 24
3.2%
2.7%
Q1 24
3.9%
1.4%
EPS (diluted)
MRTN
MRTN
SNDR
SNDR
Q4 25
$0.04
$0.13
Q3 25
$0.03
$0.11
Q2 25
$0.09
$0.20
Q1 25
$0.05
$0.15
Q4 24
$0.06
$0.19
Q3 24
$0.05
$0.17
Q2 24
$0.10
$0.20
Q1 24
$0.12
$0.10

Balance Sheet & Financial Strength

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

Metric
MRTN
MRTN
SNDR
SNDR
Cash + ST InvestmentsLiquidity on hand
$43.3M
$41.8M
Total DebtLower is stronger
$390.9M
Stockholders' EquityBook value
$767.6M
$3.0B
Total Assets
$949.8M
$4.8B
Debt / EquityLower = less leverage
0.13×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
MRTN
MRTN
SNDR
SNDR
Q4 25
$43.3M
$41.8M
Q3 25
$49.5M
$235.7M
Q2 25
$35.1M
$205.1M
Q1 25
$39.9M
$154.3M
Q4 24
$17.3M
$165.5M
Q3 24
$43.0M
$231.6M
Q2 24
$77.2M
$157.2M
Q1 24
$73.7M
$124.2M
Total Debt
MRTN
MRTN
SNDR
SNDR
Q4 25
$390.9M
Q3 25
$509.8M
Q2 25
$512.7M
Q1 25
$565.8M
Q4 24
$420.8M
Q3 24
$124.7M
Q2 24
$125.8M
Q1 24
$96.6M
Stockholders' Equity
MRTN
MRTN
SNDR
SNDR
Q4 25
$767.6M
$3.0B
Q3 25
$768.2M
$3.0B
Q2 25
$770.7M
$3.0B
Q1 25
$767.5M
$3.0B
Q4 24
$767.9M
$3.0B
Q3 24
$766.5M
$3.0B
Q2 24
$766.8M
$3.0B
Q1 24
$762.4M
$2.9B
Total Assets
MRTN
MRTN
SNDR
SNDR
Q4 25
$949.8M
$4.8B
Q3 25
$975.7M
$5.0B
Q2 25
$991.8M
$5.0B
Q1 25
$983.3M
$5.0B
Q4 24
$968.8M
$4.9B
Q3 24
$1.0B
$4.6B
Q2 24
$1.0B
$4.5B
Q1 24
$993.0M
$4.6B
Debt / Equity
MRTN
MRTN
SNDR
SNDR
Q4 25
0.13×
Q3 25
0.17×
Q2 25
0.17×
Q1 25
0.19×
Q4 24
0.14×
Q3 24
0.04×
Q2 24
0.04×
Q1 24
0.03×

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
SNDR
SNDR
Operating Cash FlowLast quarter
$5.6M
$186.0M
Free Cash FlowOCF − Capex
$145.5M
FCF MarginFCF / Revenue
10.4%
Capex IntensityCapex / Revenue
2.9%
Cash ConversionOCF / Net Profit
1.51×
8.42×
TTM Free Cash FlowTrailing 4 quarters
$285.4M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
MRTN
MRTN
SNDR
SNDR
Q4 25
$5.6M
$186.0M
Q3 25
$18.5M
$184.2M
Q2 25
$33.2M
$175.5M
Q1 25
$36.2M
$91.7M
Q4 24
$23.8M
$199.5M
Q3 24
$29.5M
$206.4M
Q2 24
$35.8M
$182.6M
Q1 24
$45.7M
$97.6M
Free Cash Flow
MRTN
MRTN
SNDR
SNDR
Q4 25
$145.5M
Q3 25
$56.2M
Q2 25
$106.4M
Q1 25
$-22.7M
Q4 24
$113.6M
Q3 24
$98.7M
Q2 24
$85.5M
Q1 24
$-25.7M
FCF Margin
MRTN
MRTN
SNDR
SNDR
Q4 25
10.4%
Q3 25
3.9%
Q2 25
7.5%
Q1 25
-1.6%
Q4 24
8.5%
Q3 24
7.5%
Q2 24
6.5%
Q1 24
-1.9%
Capex Intensity
MRTN
MRTN
SNDR
SNDR
Q4 25
2.9%
Q3 25
8.8%
Q2 25
4.9%
Q1 25
8.2%
Q4 24
6.4%
Q3 24
8.2%
Q2 24
7.4%
Q1 24
9.3%
Cash Conversion
MRTN
MRTN
SNDR
SNDR
Q4 25
1.51×
8.42×
Q3 25
8.33×
9.49×
Q2 25
4.61×
4.88×
Q1 25
8.35×
3.51×
Q4 24
4.22×
6.12×
Q3 24
7.85×
6.75×
Q2 24
4.54×
5.17×
Q1 24
4.74×
5.28×

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%

SNDR
SNDR

Transportation$1.3B93%
Logistics Management$52.3M4%
Other$46.2M3%

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