Marten Transport, Ltd.
Cash Flow Statement
| Line Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||
| Net Income | $17.4M | $26.9M | $70.4M | $110.4M | $85.4M | $69.5M | $61.1M | $55.0M |
| Depreciation & Amortization | — | — | — | — | — | — | — | — |
| Depreciation | $105.4M | $111.7M | $116.7M | $111.0M | $102.6M | $102.9M | $95.1M | $88.6M |
| Amortization | — | — | — | — | — | — | — | — |
| Stock-Based Compensation | $1.9M | $2.2M | $2.3M | — | — | — | — | — |
| Net Cash from Operating Activities | $93.5M | $134.8M | $164.4M | $219.5M | $171.2M | $189.6M | $156.5M | $154.2M |
| Investing Activities | ||||||||
| Capital Expenditures | — | — | — | — | — | — | — | — |
| Business Acquisitions | — | — | — | — | — | — | — | — |
| Net Cash from Investing Activities | $-42.9M | $-152.1M | $-172.5M | $-135.0M | $-123.7M | $-106.3M | $-140.5M | $-104.9M |
| Financing Activities | ||||||||
| Dividends Paid | $19.6M | $19.5M | $19.5M | $19.6M | $54.7M | $52.4M | $42.1M | $5.5M |
| Stock Repurchases | — | $0 | $0 | $41.8M | $0 | $597.0K | $0 | $3.8M |
| Net Cash from Financing Activities | $-19.6M | $-18.6M | $-19.2M | $-60.9M | $-56.6M | $-48.6M | $-41.3M | $-8.4M |
| Net Change in Cash | $31.0M | $-35.9M | $-27.4M | $23.6M | $-9.1M | $34.7M | $-25.3M | $41.0M |
| Free Cash Flow | — | — | — | — | — | — | — | — |