MARTEN TRANSPORT LTD (MRTN) Stock Fundamental Analysis

USA • Nasdaq • NASDAQ:MRTN • US5730751089

13.57 USD
+0.14 (+1.04%)
At close: Feb 10, 2026
13.57 USD
0 (0%)
After Hours: 2/10/2026, 6:02:10 PM
Fundamental Rating

5

Taking everything into account, MRTN scores 5 out of 10 in our fundamental rating. MRTN was compared to 42 industry peers in the Ground Transportation industry. No worries on liquidiy or solvency for MRTN as it has an excellent financial health rating, but there are worries on the profitability. MRTN is quite expensive at the moment. It does show a decent growth rate.


Dividend Valuation Growth Profitability Health

3

1. Profitability

1.1 Basic Checks

  • MRTN had positive earnings in the past year.
  • MRTN had a positive operating cash flow in the past year.
  • Each year in the past 5 years MRTN has been profitable.
  • MRTN had a positive operating cash flow in 4 of the past 5 years.
MRTN Yearly Net Income VS EBIT VS OCF VS FCFMRTN Yearly Net Income VS EBIT VS OCF VS FCFYearly Net Income VS EBIT VS OCF VS FCF 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 0 100M 200M

1.2 Ratios

  • The Return On Assets of MRTN (1.99%) is comparable to the rest of the industry.
  • With a Return On Equity value of 2.52%, MRTN perfoms like the industry average, outperforming 50.00% of the companies in the same industry.
  • The Return On Invested Capital of MRTN (1.35%) is comparable to the rest of the industry.
  • The Average Return On Invested Capital over the past 3 years for MRTN is below the industry average of 7.14%.
Industry RankSector Rank
ROA 1.99%
ROE 2.52%
ROIC 1.35%
ROA(3y)3.91%
ROA(5y)6.59%
ROE(3y)5.02%
ROE(5y)8.77%
ROIC(3y)3.2%
ROIC(5y)5.96%
MRTN Yearly ROA, ROE, ROICMRTN Yearly ROA, ROE, ROICYearly ROA, ROE, ROIC 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 5 10 15

1.3 Margins

  • With a Profit Margin value of 2.14%, MRTN perfoms like the industry average, outperforming 52.38% of the companies in the same industry.
  • MRTN's Profit Margin has declined in the last couple of years.
  • MRTN has a worse Operating Margin (1.76%) than 61.90% of its industry peers.
  • MRTN's Operating Margin has declined in the last couple of years.
  • Looking at the Gross Margin, with a value of 32.09%, MRTN is in line with its industry, outperforming 40.48% of the companies in the same industry.
  • In the last couple of years the Gross Margin of MRTN has declined.
Industry RankSector Rank
OM 1.76%
PM (TTM) 2.14%
GM 32.09%
OM growth 3Y-50.75%
OM growth 5Y-33.53%
PM growth 3Y-39.09%
PM growth 5Y-24.31%
GM growth 3Y-0.1%
GM growth 5Y-2.76%
MRTN Yearly Profit, Operating, Gross MarginsMRTN Yearly Profit, Operating, Gross MarginsYearly Profit, Operating, Gross Margins 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 10 20 30

8

2. Health

2.1 Basic Checks

  • The Return on Invested Capital (ROIC) is below the Cost of Capital (WACC), so MRTN is destroying value.
  • The number of shares outstanding for MRTN remains at a similar level compared to 1 year ago.
  • MRTN has less shares outstanding than it did 5 years ago.
  • There is no outstanding debt for MRTN. This means it has a Debt/Equity and Debt/FCF ratio of 0 and it is amongst the best of the sector and industry.
MRTN Yearly Shares OutstandingMRTN Yearly Shares OutstandingYearly Shares Outstanding 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 20M 40M 60M 80M
MRTN Yearly Total Debt VS Total AssetsMRTN Yearly Total Debt VS Total AssetsYearly Total Debt VS Total Assets 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 200M 400M 600M 800M

2.2 Solvency

  • An Altman-Z score of 5.24 indicates that MRTN is not in any danger for bankruptcy at the moment.
  • Looking at the Altman-Z score, with a value of 5.24, MRTN belongs to the top of the industry, outperforming 83.33% of the companies in the same industry.
  • MRTN has no outstanding debt. Therefor its Debt/Equity and Debt/FCF ratios are 0 and belong to the best of the industry.
Industry RankSector Rank
Debt/Equity 0
Debt/FCF N/A
Altman-Z 5.24
ROIC/WACC0.13
WACC10.1%
MRTN Yearly LT Debt VS Equity VS FCFMRTN Yearly LT Debt VS Equity VS FCFYearly LT Debt VS Equity VS FCF 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 0 200M 400M 600M

2.3 Liquidity

  • A Current Ratio of 1.52 indicates that MRTN should not have too much problems paying its short term obligations.
  • MRTN has a better Current ratio (1.52) than 66.67% of its industry peers.
  • A Quick Ratio of 1.52 indicates that MRTN should not have too much problems paying its short term obligations.
  • The Quick ratio of MRTN (1.52) is better than 66.67% of its industry peers.
Industry RankSector Rank
Current Ratio 1.52
Quick Ratio 1.52
MRTN Yearly Current Assets VS Current LiabilitesMRTN Yearly Current Assets VS Current LiabilitesYearly Current Assets VS Current Liabilites 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 50M 100M 150M 200M

4

3. Growth

3.1 Past

  • The earnings per share for MRTN have decreased strongly by -35.29% in the last year.
  • Measured over the past years, MRTN shows a very negative growth in Earnings Per Share. The EPS has been decreasing by -23.26% on average per year.
  • MRTN shows a decrease in Revenue. In the last year, the revenue decreased by -8.31%.
  • MRTN shows a small growth in Revenue. Measured over the last years, the Revenue has been growing by 0.21% yearly.
EPS 1Y (TTM)-35.29%
EPS 3Y-45.38%
EPS 5Y-23.26%
EPS Q2Q%-28.57%
Revenue 1Y (TTM)-8.31%
Revenue growth 3Y-11.25%
Revenue growth 5Y0.21%
Sales Q2Q%-8.82%

3.2 Future

  • The Earnings Per Share is expected to grow by 41.74% on average over the next years. This is a very strong growth
  • Based on estimates for the next years, MRTN will show a small growth in Revenue. The Revenue will grow by 3.61% on average per year.
EPS Next Y28.89%
EPS Next 2Y41.74%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue Next Year-2.52%
Revenue Next 2Y3.61%
Revenue Next 3YN/A
Revenue Next 5YN/A

3.3 Evolution

  • The EPS growth rate is accelerating: in the next years the growth will be better than in the last years.
  • When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is accelerating.
MRTN Yearly Revenue VS EstimatesMRTN Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 200M 400M 600M 800M 1B
MRTN Yearly EPS VS EstimatesMRTN Yearly EPS VS EstimatesYearly EPS VS Estimates 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 0.2 0.4 0.6 0.8 1

2

4. Valuation

4.1 Price/Earnings Ratio

  • Based on the Price/Earnings ratio of 61.68, the valuation of MRTN can be described as expensive.
  • MRTN's Price/Earnings ratio is in line with the industry average.
  • When comparing the Price/Earnings ratio of MRTN to the average of the S&P500 Index (28.03), we can say MRTN is valued expensively.
  • Based on the Price/Forward Earnings ratio of 47.86, the valuation of MRTN can be described as expensive.
  • The rest of the industry has a similar Price/Forward Earnings ratio as MRTN.
  • Compared to an average S&P500 Price/Forward Earnings ratio of 27.97, MRTN is valued quite expensively.
Industry RankSector Rank
PE 61.68
Fwd PE 47.86
MRTN Price Earnings VS Forward Price EarningsMRTN Price Earnings VS Forward Price Earnings ChartPrice Earnings - Forward Price Earnings PE FPE 50 100 150

4.2 Price Multiples

  • Based on the Enterprise Value to EBITDA ratio, MRTN is valued cheaply inside the industry as 88.10% of the companies are valued more expensively.
Industry RankSector Rank
P/FCF N/A
EV/EBITDA 8.03
MRTN Per share dataMRTN EPS, Sales, OCF, FCF, BookValue per sharePer Share Data Per Share 0 2 4 6 8 10

4.3 Compensation for Growth

  • The high PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates MRTN does not grow enough to justify the current Price/Earnings ratio.
  • A more expensive valuation may be justified as MRTN's earnings are expected to grow with 41.74% in the coming years.
PEG (NY)2.13
PEG (5Y)N/A
EPS Next 2Y41.74%
EPS Next 3YN/A

3

5. Dividend

5.1 Amount

  • With a Yearly Dividend Yield of 1.76%, MRTN has a reasonable but not impressive dividend return.
  • MRTN's Dividend Yield is rather good when compared to the industry average which is at 0.68. MRTN pays more dividend than 90.48% of the companies in the same industry.
  • Compared to an average S&P500 Dividend Yield of 1.80, MRTN has a dividend comparable with the average S&P500 company.
Industry RankSector Rank
Dividend Yield 1.76%

5.2 History

  • The dividend of MRTN decreases each year by -14.12%.
  • MRTN has paid a dividend for at least 10 years, which is a reliable track record.
  • The dividend of MRTN decreased in the last 3 years.
Dividend Growth(5Y)-14.12%
Div Incr Years0
Div Non Decr Years2
MRTN Yearly Dividends per shareMRTN Yearly Dividends per shareYearly Dividends per share 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 0.2 0.4 0.6

5.3 Sustainability

  • MRTN pays out 100.93% of its income as dividend. This is not a sustainable payout ratio.
DP100.93%
EPS Next 2Y41.74%
EPS Next 3YN/A
MRTN Yearly Income VS Free CF VS DividendMRTN Yearly Income VS Free CF VS DividendYearly Income VS Free CF VS Dividend 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 0 50M -50M 100M
MRTN Dividend Payout.MRTN Dividend Payout, showing the Payout Ratio.MRTN Dividend Payout.PayoutRetained Earnings

MARTEN TRANSPORT LTD

NASDAQ:MRTN (2/10/2026, 6:02:10 PM)

After market: 13.57 0 (0%)

13.57

+0.14 (+1.04%)

Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupTransportation
GICS IndustryGround Transportation
Earnings (Last)01-27
Earnings (Next)04-14
Inst Owners69.52%
Inst Owner Change-0.89%
Ins Owners22.59%
Ins Owner Change-0.04%
Market Cap1.11B
Revenue(TTM)883.65M
Net Income(TTM)19.38M
Analysts47.5
Price Target14.28 (5.23%)
Short Float %3.46%
Short Ratio2.26
Dividend
Industry RankSector Rank
Dividend Yield 1.76%
Yearly Dividend0.24
Dividend Growth(5Y)-14.12%
DP100.93%
Div Incr Years0
Div Non Decr Years2
Ex-DateN/A
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)-17.64%
Min EPS beat(2)-41.18%
Max EPS beat(2)5.89%
EPS beat(4)2
Avg EPS beat(4)-5.72%
Min EPS beat(4)-41.18%
Max EPS beat(4)14.38%
EPS beat(8)2
Avg EPS beat(8)-10.39%
EPS beat(12)3
Avg EPS beat(12)-8.09%
EPS beat(16)6
Avg EPS beat(16)-2.89%
Revenue beat(2)0
Avg Revenue beat(2)-3.22%
Min Revenue beat(2)-4.9%
Max Revenue beat(2)-1.55%
Revenue beat(4)0
Avg Revenue beat(4)-3.33%
Min Revenue beat(4)-4.9%
Max Revenue beat(4)-1.55%
Revenue beat(8)0
Avg Revenue beat(8)-3.74%
Revenue beat(12)0
Avg Revenue beat(12)-3.83%
Revenue beat(16)2
Avg Revenue beat(16)-1.68%
PT rev (1m)27.27%
PT rev (3m)27.27%
EPS NQ rev (1m)0%
EPS NQ rev (3m)0%
EPS NY rev (1m)-12.21%
EPS NY rev (3m)-34.59%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)0%
Revenue NY rev (1m)-2.76%
Revenue NY rev (3m)-8.92%
Valuation
Industry RankSector Rank
PE 61.68
Fwd PE 47.86
P/S 1.22
P/FCF N/A
P/OCF 9.9
P/B 1.44
P/tB 1.44
EV/EBITDA 8.03
EPS(TTM)0.22
EY1.62%
EPS(NY)0.28
Fwd EY2.09%
FCF(TTM)-0.88
FCFYN/A
OCF(TTM)1.37
OCFY10.1%
SpS11.09
BVpS9.42
TBVpS9.42
PEG (NY)2.13
PEG (5Y)N/A
Graham Number6.83
Profitability
Industry RankSector Rank
ROA 1.99%
ROE 2.52%
ROCE 1.85%
ROIC 1.35%
ROICexc 1.43%
ROICexgc 1.43%
OM 1.76%
PM (TTM) 2.14%
GM 32.09%
FCFM N/A
ROA(3y)3.91%
ROA(5y)6.59%
ROE(3y)5.02%
ROE(5y)8.77%
ROIC(3y)3.2%
ROIC(5y)5.96%
ROICexc(3y)3.37%
ROICexc(5y)6.44%
ROICexgc(3y)3.37%
ROICexgc(5y)6.44%
ROCE(3y)4.39%
ROCE(5y)8.18%
ROICexgc growth 3Y-57.27%
ROICexgc growth 5Y-35.83%
ROICexc growth 3Y-57.27%
ROICexc growth 5Y-35.83%
OM growth 3Y-50.75%
OM growth 5Y-33.53%
PM growth 3Y-39.09%
PM growth 5Y-24.31%
GM growth 3Y-0.1%
GM growth 5Y-2.76%
F-Score6
Asset Turnover0.93
Health
Industry RankSector Rank
Debt/Equity 0
Debt/FCF N/A
Debt/EBITDA 0
Cap/Depr 160.6%
Cap/Sales 20.29%
Interest Coverage 250
Cash Conversion 85.84%
Profit Quality N/A
Current Ratio 1.52
Quick Ratio 1.52
Altman-Z 5.24
F-Score6
WACC10.1%
ROIC/WACC0.13
Cap/Depr(3y)N/A
Cap/Depr(5y)N/A
Cap/Sales(3y)N/A
Cap/Sales(5y)N/A
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)-35.29%
EPS 3Y-45.38%
EPS 5Y-23.26%
EPS Q2Q%-28.57%
EPS Next Y28.89%
EPS Next 2Y41.74%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue 1Y (TTM)-8.31%
Revenue growth 3Y-11.25%
Revenue growth 5Y0.21%
Sales Q2Q%-8.82%
Revenue Next Year-2.52%
Revenue Next 2Y3.61%
Revenue Next 3YN/A
Revenue Next 5YN/A
EBIT growth 1Y-55.48%
EBIT growth 3Y-56.29%
EBIT growth 5Y-33.39%
EBIT Next Year526.19%
EBIT Next 3YN/A
EBIT Next 5YN/A
FCF growth 1Y20.99%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y-25.08%
OCF growth 3YN/A
OCF growth 5YN/A

MARTEN TRANSPORT LTD / MRTN FAQ

Can you provide the ChartMill fundamental rating for MARTEN TRANSPORT LTD?

ChartMill assigns a fundamental rating of 5 / 10 to MRTN.


What is the valuation status for MRTN stock?

ChartMill assigns a valuation rating of 2 / 10 to MARTEN TRANSPORT LTD (MRTN). This can be considered as Overvalued.


What is the profitability of MRTN stock?

MARTEN TRANSPORT LTD (MRTN) has a profitability rating of 3 / 10.


What is the valuation of MARTEN TRANSPORT LTD based on its PE and PB ratios?

The Price/Earnings (PE) ratio for MARTEN TRANSPORT LTD (MRTN) is 61.68 and the Price/Book (PB) ratio is 1.44.


What is the financial health of MARTEN TRANSPORT LTD (MRTN) stock?

The financial health rating of MARTEN TRANSPORT LTD (MRTN) is 8 / 10.