(MRTN) Marten Transport - Ratings and Ratios
Truckload, Dedicated, Intermodal, Brokerage
Dividends
| Dividend Yield | 1.52% |
| Yield on Cost 5y | 1.17% |
| Yield CAGR 5y | -22.35% |
| Payout Consistency | 89.3% |
| Payout Ratio | 100.0% |
| Risk via 10d forecast | |
|---|---|
| Volatility | 29.5% |
| Value at Risk 5%th | 45.5% |
| Relative Tail Risk | -6.27% |
| Reward TTM | |
|---|---|
| Sharpe Ratio | -1.20 |
| Alpha | -41.01 |
| CAGR/Max DD | -0.27 |
| Character TTM | |
|---|---|
| Hurst Exponent | 0.515 |
| Beta | 0.636 |
| Beta Downside | 0.305 |
| Drawdowns 3y | |
|---|---|
| Max DD | 57.89% |
| Mean DD | 24.65% |
| Median DD | 22.77% |
Description: MRTN Marten Transport November 16, 2025
Marten Transport Ltd. (NASDAQ:MRTN) is a temperature-sensitive truckload carrier serving shippers in the United States, Mexico, and Canada. It organizes its business into four segments – Truckload, Dedicated, Intermodal, and Brokerage – each focusing on moving refrigerated, insulated, or dry freight via company-owned or contracted assets.
As of 31 December 2024 the firm operated 3,006 tractors, of which 2,918 were owned and 88 were supplied by independent contractors, complemented by a fleet of temperature-controlled trailers that support both full-load and short-haul services.
According to the most recent 10-K filing, Marten reported Q4 2024 revenue of approximately $540 million, a 5 % year-over-year increase driven largely by higher freight rates in the refrigerated segment; adjusted EBITDA margin stood at 7.2 %, and overall truck utilization averaged 96 % across its temperature-controlled fleet.
Key economic drivers for the company include sustained growth in food-e-commerce, which raises demand for reliable cold-chain capacity, and ongoing labor shortages that tighten capacity and support higher spot rates. Additionally, volatile fuel prices and the broader shift toward intermodal solutions – leveraging rail to offset trucking costs – influence cost structures and pricing power in the sector.
For a deeper quantitative assessment, you may find the analytics on the ValueRay platform useful for evaluating MRTN’s valuation and risk profile.
Piotroski VR‑10 (Strict, 0-10) 5.0
| Net Income (19.4m TTM) > 0 and > 6% of Revenue (6% = 61.5m TTM) |
| FCFTA -0.07 (>2.0%) and ΔFCFTA -15.76pp (YES ≥ +1.0pp, WARN ≥ +0.5pp) |
| NWC/Revenue 5.89% (prev 5.34%; Δ 0.55pp) (YES ≤20% & Δ≤-1pp; WARN ≤25% & Δ≤0 oder ≤40% & Δ≤-3pp) |
| CFO/TA 0.11 (>3.0%) and CFO 111.7m > Net Income 19.4m (YES >=105%, WARN >=100%) |
| Net Debt (-49.2m) to EBITDA (125.8m) ratio: -0.39 <= 3.0 (WARN <= 3.5) |
| Current Ratio 1.52 (target 1.5–3.0; WARN 1.2–<1.5 or >3.0–5.0; CFO/TA gate active) |
| Outstanding Shares last Quarter (81.5m) change vs 12m ago 0.04% (target <= -2.0% for YES) |
| Gross Margin 30.93% (prev 13.92%; Δ 17.02pp) >=18% & Δ>=+0.5pp (WARN >=15% & Δ>=0) |
| Asset Turnover 103.8% (prev 100.1%; Δ 3.64pp) >=50% & Δ>=+2pp (WARN >=35% & Δ>=0) |
| Interest Coverage Ratio -2.14 (EBITDA TTM 125.8m / Interest Expense TTM -8.41m) >= 6 (WARN >= 3) |
Altman Z'' 6.53
| (A) 0.06 = (Total Current Assets 176.0m - Total Current Liabilities 115.6m) / Total Assets 975.7m |
| (B) 0.73 = Retained Earnings (Balance) 713.2m / Total Assets 975.7m |
| (C) 0.02 = EBIT TTM 18.0m / Avg Total Assets 987.8m |
| (D) 3.44 = Book Value of Equity 714.1m / Total Liabilities 207.5m |
| Total Rating: 6.53 = (6.56 * A) + (3.26 * B) + (6.72 * C) + (1.05 * D) |
ValueRay F-Score (Strict, 0-100) 31.39
| 1. Piotroski 5.0pt |
| 2. FCF Yield -8.95% |
| 3. FCF Margin -6.99% |
| 4. Debt/Equity 0.00 |
| 5. Debt/Ebitda -0.39 |
| 6. ROIC - WACC (= -6.59)% |
| 7. RoE 2.52% |
| 8. Rev. Trend -51.08% |
| 9. EPS Trend -93.16% |
What is the price of MRTN shares?
Over the past week, the price has changed by +5.25%, over one month by +20.35%, over three months by +1.72% and over the past year by -30.16%.
Is MRTN a buy, sell or hold?
- Strong Buy: 1
- Buy: 0
- Hold: 2
- Sell: 0
- Strong Sell: 0
What are the forecasts/targets for the MRTN price?
| Issuer | Target | Up/Down from current |
|---|---|---|
| Wallstreet Target Price | 11 | -7% |
| Analysts Target Price | 11 | -7% |
| ValueRay Target Price | 11 | -6.7% |
MRTN Fundamental Data Overview December 03, 2025
P/E Trailing = 43.4583
P/S = 0.9406
P/B = 1.0877
P/EG = 3.2
Beta = 0.899
Revenue TTM = 1.03b USD
EBIT TTM = 18.0m USD
EBITDA TTM = 125.8m USD
Long Term Debt = 250.0k USD (from capitalLeaseObligations, last quarter)
Short Term Debt = 296.0k USD (from shortTermDebt, last fiscal year)
Debt = 250.0k USD (from shortLongTermDebtTotal, last quarter)
Net Debt = -49.2m USD (from netDebt column, last quarter)
Enterprise Value = 801.0m USD (850.3m + Debt 250.0k - CCE 49.5m)
Interest Coverage Ratio = -2.14 (Ebit TTM 18.0m / Interest Expense TTM -8.41m)
FCF Yield = -8.95% (FCF TTM -71.7m / Enterprise Value 801.0m)
FCF Margin = -6.99% (FCF TTM -71.7m / Revenue TTM 1.03b)
Net Margin = 1.89% (Net Income TTM 19.4m / Revenue TTM 1.03b)
Gross Margin = 30.93% ((Revenue TTM 1.03b - Cost of Revenue TTM 708.1m) / Revenue TTM)
Gross Margin QoQ = 64.52% (prev 14.23%)
Tobins Q-Ratio = 0.82 (Enterprise Value 801.0m / Total Assets 975.7m)
Interest Expense / Debt = 337.6% (Interest Expense 844.0k / Debt 250.0k)
Taxrate = 24.57% (725.0k / 2.95m)
NOPAT = 13.6m (EBIT 18.0m * (1 - 24.57%))
Current Ratio = 1.52 (Total Current Assets 176.0m / Total Current Liabilities 115.6m)
Debt / Equity = 0.00 (Debt 250.0k / totalStockholderEquity, last quarter 768.2m)
Debt / EBITDA = -0.39 (Net Debt -49.2m / EBITDA 125.8m)
Debt / FCF = 0.69 (negative FCF - burning cash) (Net Debt -49.2m / FCF TTM -71.7m)
Total Stockholder Equity = 768.6m (last 4 quarters mean from totalStockholderEquity)
RoA = 1.99% (Net Income 19.4m / Total Assets 975.7m)
RoE = 2.52% (Net Income TTM 19.4m / Total Stockholder Equity 768.6m)
RoCE = 2.35% (EBIT 18.0m / Capital Employed (Equity 768.6m + L.T.Debt 250.0k))
RoIC = 1.77% (NOPAT 13.6m / Invested Capital 768.6m)
WACC = 8.36% (E(850.3m)/V(850.5m) * Re(8.36%) + (debt cost/tax rate unavailable))
Discount Rate = 8.36% (= CAPM, Blume Beta Adj.)
Shares Correlation 3-Years: 100.0 | Cagr: 0.07%
Fair Price DCF = unknown (Cash Flow -71.7m)
EPS Correlation: -93.16 | EPS CAGR: -45.88% | SUE: -0.72 | # QB: 0
Revenue Correlation: -51.08 | Revenue CAGR: 6.81% | SUE: 4.0 | # QB: 1
EPS next Quarter (2026-03-31): EPS=0.05 | Chg30d=-0.030 | Revisions Net=-1 | Analysts=2
EPS next Year (2026-12-31): EPS=0.32 | Chg30d=-0.134 | Revisions Net=-2 | Growth EPS=+56.0% | Growth Revenue=-1.8%
Additional Sources for MRTN Stock
Tweets: X | Stocktwits
Fund Manager Positions: Dataroma | Stockcircle