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Heartland Express vs Marten Transport

Heartland Express and Marten Transport are similar in size: $806m and $884m of revenue in their latest fiscal years. Marten Transport grew faster (-8.3% against -23.1%). Marten Transport kept more of each dollar of sales as profit: a net margin of 2.0% against -6.5%.

Latest fiscal yearHeartland ExpressHTLD, 2025Marten TransportMRTN, 2025
Revenue $806m $884m
Revenue growth -23.1% -8.3%
Net income −$52.5m $17.4m
Operating margin -7.1% —
Net margin -6.5% 2.0%
Return on equity -6.6% 2.3%
Free cash flow −$66.9m —
Cash $18.5m $43.3m
Total debt $160m $0
Debt to equity 21.2% —
Dividend per share $0.08 $0.24
Dividend yield 0.8% 2.0%
Share buybacks $10.4m —
Employees — 3,502
Market value $818m $984m
Price vs our value range — Above our value range
Moat score 48 (Moderate) 56 (Moderate)
Insider trades, 12 months 0 buys, 0 sales 0 buys, 0 sales

Each figure is from the company's latest annual report and links to the page it comes from. Fiscal years can end on different dates. Market value and the value verdict use the delayed price shown on the stock pages. Not a recommendation.

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Figures from each company's latest annual report filed with the SEC (10-K or 20-F), as reported, with the fiscal year shown. Not investment advice. How we read filings: methodology.