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Side-by-side financial comparison of MARTEN TRANSPORT LTD (MRTN) and WYNDHAM HOTELS & RESORTS, INC. (WH). Click either name above to swap in a different company.

WYNDHAM HOTELS & RESORTS, INC. is the larger business by last-quarter revenue ($334.0M vs $210.1M, roughly 1.6× MARTEN TRANSPORT LTD). MARTEN TRANSPORT LTD runs the higher net margin — 1.8% vs -18.0%, a 19.7% gap on every dollar of revenue. On growth, MARTEN TRANSPORT LTD posted the faster year-over-year revenue change (-8.8% vs -76.3%). Over the past eight quarters, WYNDHAM HOTELS & RESORTS, INC.'s revenue compounded faster (-4.6% 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.

Wyndham Hotels & Resorts, Inc., is an American hospitality company based in Parsippany, New Jersey, United States. It describes itself as the largest hotel franchisor in the world, with 9,100 locations.

MRTN vs WH — Head-to-Head

Bigger by revenue
WH
WH
1.6× larger
WH
$334.0M
$210.1M
MRTN
Growing faster (revenue YoY)
MRTN
MRTN
+67.5% gap
MRTN
-8.8%
-76.3%
WH
Higher net margin
MRTN
MRTN
19.7% more per $
MRTN
1.8%
-18.0%
WH
Faster 2-yr revenue CAGR
WH
WH
Annualised
WH
-4.6%
-8.3%
MRTN

Income Statement — Q4 FY2025 vs Q1 FY2026

Metric
MRTN
MRTN
WH
WH
Revenue
$210.1M
$334.0M
Net Profit
$3.7M
$-60.0M
Gross Margin
Operating Margin
2.2%
Net Margin
1.8%
-18.0%
Revenue YoY
-8.8%
-76.3%
Net Profit YoY
-34.4%
-170.6%
EPS (diluted)
$0.04
$-0.80

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
WH
WH
Q1 26
$334.0M
Q4 25
$210.1M
$334.0M
Q3 25
$220.5M
$382.0M
Q2 25
$229.9M
$397.0M
Q1 25
$223.2M
$316.0M
Q4 24
$230.4M
$336.0M
Q3 24
$237.4M
$396.0M
Q2 24
$246.2M
$367.0M
Net Profit
MRTN
MRTN
WH
WH
Q1 26
$-60.0M
Q4 25
$3.7M
$-60.0M
Q3 25
$2.2M
$105.0M
Q2 25
$7.2M
$87.0M
Q1 25
$4.3M
$61.0M
Q4 24
$5.6M
$85.0M
Q3 24
$3.8M
$102.0M
Q2 24
$7.9M
$86.0M
Operating Margin
MRTN
MRTN
WH
WH
Q1 26
Q4 25
2.2%
-11.4%
Q3 25
1.2%
46.6%
Q2 25
4.2%
37.8%
Q1 25
2.6%
35.4%
Q4 24
2.9%
38.4%
Q3 24
1.8%
43.2%
Q2 24
4.1%
39.5%
Net Margin
MRTN
MRTN
WH
WH
Q1 26
-18.0%
Q4 25
1.8%
-18.0%
Q3 25
1.0%
27.5%
Q2 25
3.1%
21.9%
Q1 25
1.9%
19.3%
Q4 24
2.4%
25.3%
Q3 24
1.6%
25.8%
Q2 24
3.2%
23.4%
EPS (diluted)
MRTN
MRTN
WH
WH
Q1 26
$-0.80
Q4 25
$0.04
$-0.77
Q3 25
$0.03
$1.36
Q2 25
$0.09
$1.13
Q1 25
$0.05
$0.78
Q4 24
$0.06
$1.06
Q3 24
$0.05
$1.29
Q2 24
$0.10
$1.07

Balance Sheet & Financial Strength

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

Metric
MRTN
MRTN
WH
WH
Cash + ST InvestmentsLiquidity on hand
$43.3M
$64.0M
Total DebtLower is stronger
Stockholders' EquityBook value
$767.6M
$468.0M
Total Assets
$949.8M
$4.2B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
MRTN
MRTN
WH
WH
Q1 26
$64.0M
Q4 25
$43.3M
$64.0M
Q3 25
$49.5M
$70.0M
Q2 25
$35.1M
$50.0M
Q1 25
$39.9M
$48.0M
Q4 24
$17.3M
$103.0M
Q3 24
$43.0M
$72.0M
Q2 24
$77.2M
$70.0M
Total Debt
MRTN
MRTN
WH
WH
Q1 26
Q4 25
$2.5B
Q3 25
$2.6B
Q2 25
$2.5B
Q1 25
$2.5B
Q4 24
$2.4B
Q3 24
$2.4B
Q2 24
$2.4B
Stockholders' Equity
MRTN
MRTN
WH
WH
Q1 26
$468.0M
Q4 25
$767.6M
$468.0M
Q3 25
$768.2M
$583.0M
Q2 25
$770.7M
$570.0M
Q1 25
$767.5M
$579.0M
Q4 24
$767.9M
$650.0M
Q3 24
$766.5M
$583.0M
Q2 24
$766.8M
$623.0M
Total Assets
MRTN
MRTN
WH
WH
Q1 26
$4.2B
Q4 25
$949.8M
$4.2B
Q3 25
$975.7M
$4.3B
Q2 25
$991.8M
$4.3B
Q1 25
$983.3M
$4.2B
Q4 24
$968.8M
$4.2B
Q3 24
$1.0B
$4.2B
Q2 24
$1.0B
$4.2B
Debt / Equity
MRTN
MRTN
WH
WH
Q1 26
Q4 25
5.37×
Q3 25
4.43×
Q2 25
4.44×
Q1 25
4.29×
Q4 24
3.72×
Q3 24
4.19×
Q2 24
3.83×

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
WH
WH
Operating Cash FlowLast quarter
$5.6M
$367.0M
Free Cash FlowOCF − Capex
$168.0M
FCF MarginFCF / Revenue
50.3%
Capex IntensityCapex / Revenue
Cash ConversionOCF / Net Profit
1.51×
TTM Free Cash FlowTrailing 4 quarters
$437.0M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
MRTN
MRTN
WH
WH
Q1 26
$367.0M
Q4 25
$5.6M
$152.0M
Q3 25
$18.5M
$86.0M
Q2 25
$33.2M
$70.0M
Q1 25
$36.2M
$59.0M
Q4 24
$23.8M
$134.0M
Q3 24
$29.5M
$79.0M
Q2 24
$35.8M
$1.0M
Free Cash Flow
MRTN
MRTN
WH
WH
Q1 26
$168.0M
Q4 25
$136.0M
Q3 25
$75.0M
Q2 25
$58.0M
Q1 25
$52.0M
Q4 24
$109.0M
Q3 24
$71.0M
Q2 24
$-6.0M
FCF Margin
MRTN
MRTN
WH
WH
Q1 26
50.3%
Q4 25
40.7%
Q3 25
19.6%
Q2 25
14.6%
Q1 25
16.5%
Q4 24
32.4%
Q3 24
17.9%
Q2 24
-1.6%
Capex Intensity
MRTN
MRTN
WH
WH
Q1 26
Q4 25
4.8%
Q3 25
2.9%
Q2 25
3.0%
Q1 25
2.2%
Q4 24
7.4%
Q3 24
2.0%
Q2 24
1.9%
Cash Conversion
MRTN
MRTN
WH
WH
Q1 26
Q4 25
1.51×
Q3 25
8.33×
0.82×
Q2 25
4.61×
0.80×
Q1 25
8.35×
0.97×
Q4 24
4.22×
1.58×
Q3 24
7.85×
0.77×
Q2 24
4.54×
0.01×

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%

WH
WH

Fee-related and other revenues$334.0M100%
Management and other fees$2.0M1%

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