Marten Transport, Ltd. (MRTN) Financial Ratios
30 years of historical data (1996–2025) · Industrials · Trucking
EV/EBITDA
↑
11.46
↑+56% vs avg
5yr avg: 7.35
30Y Low3.2·High8.7
P/FCF
N/A
—
5yr avg: 37.82
30Y Low9.3·High86.6
P/B Ratio
↓
1.79
-7% vs avg
5yr avg: 1.92
30Y Low0.8·High3.8
ROE
↓
2.3%
↑-75% vs avg
5yr avg: 9.0%
30Y Low2%·High19%
Debt/EBITDA
↑
0.00
↑+41% vs avg
5yr avg: 0.00
30Y Low0.0·High2.4
Percentile shows where the current value sits in 30-year historical distribution. Sparklines show 5-year trend.
MRTN Valuation Multiples
Price-based multiples — how expensive the stock is relative to earnings, sales, book value, and cash flow
Marten Transport, Ltd. trades at 80.2x earnings, 155% above its 5-year average of 31.5x, sitting at the 100th percentile of its historical range. Compared to the Industrials sector median P/E of 25.6x, the stock trades at a premium of 214%.
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Market Cap | $1.4B | $928M | $1.3B | $1.7B | $1.6B | $1.4B | $1.4B | $1.2B | $893M | $1.1B | $761M |
| Enterprise Value | $1.3B | $885M | $1.3B | $1.7B | $1.5B | $1.4B | $1.4B | $1.2B | $836M | $1.1B | $769M |
| P/E Ratio → | 80.24 | 54.19 | 47.30 | 24.40 | 14.65 | 16.82 | 20.51 | 19.36 | 16.10 | 12.30 | 22.73 |
| P/S Ratio | 1.56 | 1.05 | 1.32 | 1.51 | 1.28 | 1.47 | 1.64 | 1.40 | 1.13 | 1.59 | 1.13 |
| P/B Ratio | 1.79 | 1.21 | 1.66 | 2.26 | 2.30 | 2.20 | 2.31 | 1.98 | 1.55 | 2.12 | 1.74 |
| P/FCF | — | — | — | — | 37.82 | — | 86.60 | — | — | — | — |
| P/OCF | 14.71 | 9.92 | 9.43 | 10.39 | 7.39 | 8.36 | 7.56 | 7.57 | 5.93 | 9.13 | 5.70 |
P/E links to full P/E history page with 30-year chart
MRTN EV Ratios
Enterprise-value multiples — capital-structure-neutral measures of total business value
Marten Transport, Ltd.'s enterprise value stands at 11.5x EBITDA, 56% above its 5-year average of 7.4x. The Industrials sector median is 13.9x, placing the stock at a 17% discount on an enterprise-value basis.
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| EV / Revenue | — | 1.00 | 1.30 | 1.46 | 1.22 | 1.41 | 1.56 | 1.37 | 1.06 | 1.57 | 1.15 |
| EV / EBITDA | 11.46 | 7.61 | 8.66 | 8.00 | 6.06 | 6.42 | 6.97 | 6.73 | 5.26 | 7.73 | 5.46 |
| EV / EBIT | 122.80 | 36.30 | 44.42 | 21.64 | 11.86 | 14.41 | 16.52 | 17.02 | 13.25 | 21.37 | 16.08 |
| EV / FCF | — | — | — | — | 35.96 | — | 82.66 | — | — | — | — |
MRTN Profitability
Margins and return-on-capital ratios measuring operating efficiency
Marten Transport, Ltd. earns an operating margin of 1.2%, below the Industrials sector average of 4.3%. Operating margins have compressed from 8.0% to 1.2% over the past 3 years, signaling potential cost pressures or competitive headwinds. ROE of 2.3% is modest, trailing the sector median of 8.2%. ROIC of 1.1% represents below-average returns on invested capital versus a sector median of 6.1%.
Margins
Full margin charts and quarterly trend are on the Earnings History page
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross Margin | 5.7% | 5.7% | 13.6% | 16.7% | 18.9% | 18.8% | 19.5% | 17.4% | 17.8% | 17.4% | 17.2% |
| Operating Margin | 1.2% | 1.2% | 3.4% | 8.0% | 11.3% | 11.5% | 10.7% | 9.1% | 8.9% | 8.1% | 8.7% |
| Net Profit Margin | 2.0% | 2.0% | 2.8% | 6.2% | 8.7% | 8.8% | 7.9% | 7.2% | 7.0% | 12.9% | 5.0% |
Return on Capital
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| ROE | 2.3% | 2.3% | 3.5% | 9.6% | 16.3% | 13.4% | 11.4% | 10.4% | 10.0% | 18.8% | 7.9% |
| ROA | 1.8% | 1.8% | 2.7% | 7.1% | 11.8% | 9.9% | 8.4% | 7.8% | 7.6% | 13.4% | 5.2% |
| ROIC | 1.1% | 1.1% | 3.4% | 10.2% | 17.6% | 14.6% | 12.5% | 10.6% | 10.3% | 8.9% | 9.8% |
| ROCE | 1.3% | 1.3% | 3.8% | 10.4% | 17.4% | 14.4% | 12.5% | 10.8% | 10.8% | 9.3% | 9.9% |
MRTN Leverage & Debt
Solvency and debt-coverage ratios — lower is generally safer
Marten Transport, Ltd. carries a Debt/EBITDA ratio of 0.0x, which is very conservative (100% below the sector average of 3.2x). The company holds a net cash position — cash of $43M exceeds total debt of $388000, providing substantial financial flexibility for buybacks, acquisitions, or weathering downturns.
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Debt / Equity | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | — | — | 0.02 |
| Debt / EBITDA | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.01 | — | — | 0.06 |
| Net Debt / Equity | — | -0.06 | -0.02 | -0.07 | -0.11 | -0.09 | -0.11 | -0.05 | -0.10 | -0.03 | 0.02 |
| Net Debt / EBITDA | -0.37 | -0.37 | -0.12 | -0.26 | -0.31 | -0.26 | -0.33 | -0.18 | -0.36 | -0.11 | 0.05 |
| Debt / FCF | — | — | — | — | -1.86 | — | -3.94 | — | — | — | — |
| Interest Coverage | — | — | — | — | — | — | — | — | — | — | — |
Net cash position: cash ($43M) exceeds total debt ($388000)
MRTN Liquidity & Efficiency
Short-term solvency ratios and asset-utilisation metrics
A current ratio of 1.86x means Marten Transport, Ltd. can comfortably meet its short-term obligations, though there is limited excess liquidity. The current ratio has improved from 1.78x to 1.86x over the past 3 years.
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Current Ratio | 1.86 | 1.86 | 1.48 | 1.78 | 1.90 | 2.00 | 1.96 | 2.02 | 2.27 | 1.81 | 1.54 |
| Quick Ratio | 1.86 | 1.86 | 1.42 | 1.73 | 1.85 | 1.95 | 1.92 | 1.98 | 2.22 | 1.75 | 1.47 |
| Cash Ratio | 0.47 | 0.47 | 0.18 | 0.48 | 0.65 | 0.61 | 0.74 | 0.41 | 0.79 | 0.25 | 0.01 |
| Asset Turnover | — | 0.93 | 0.99 | 1.14 | 1.29 | 1.10 | 1.03 | 1.04 | 1.04 | 1.01 | 1.03 |
| Inventory Turnover | — | — | 146.30 | 149.97 | 188.94 | 180.68 | 208.66 | 205.16 | 183.60 | 133.40 | 127.81 |
| Days Sales Outstanding | — | 40.85 | 36.72 | 38.05 | 37.74 | 40.57 | 37.22 | 44.80 | 39.33 | 42.36 | 40.05 |
MRTN Shareholder Yields
Earnings, FCF, buyback, and dividend yields — total returns to shareholders
Marten Transport, Ltd. returns 1.1% to shareholders annually primarily through dividends. The payout ratio of 84.1% is elevated — while still covered by earnings, there is limited headroom for dividend increases. The earnings yield of 1.2% (inverse of P/E) provides a useful comparison to bond yields when assessing the stock's relative attractiveness to fixed income.
Dividends
Full dividend history and growth charts are on the Dividend History page
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend Yield | 1.1% | 1.6% | 1.5% | 1.1% | 1.2% | 3.8% | 3.7% | 3.6% | 0.6% | 0.4% | 0.4% |
| Payout Ratio | 84.1% | 84.1% | 72.6% | 27.7% | 17.7% | 64.1% | 75.3% | 68.9% | 9.9% | 4.8% | 9.7% |
Total Shareholder Return Metrics
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Earnings Yield | 1.2% | 1.8% | 2.1% | 4.1% | 6.8% | 5.9% | 4.9% | 5.2% | 6.2% | 8.1% | 4.4% |
| FCF Yield | — | — | — | — | 2.6% | — | 1.2% | — | — | — | — |
| Buyback Yield | 0.0% | 0.0% | 0.0% | 0.0% | 2.6% | 0.0% | 0.0% | 0.0% | 0.4% | 0.0% | 1.0% |
| Total Shareholder Yield | 1.1% | 1.6% | 1.5% | 1.1% | 3.8% | 3.8% | 3.7% | 3.6% | 1.0% | 0.4% | 1.4% |
| Shares Outstanding | — | $82M | $81M | $81M | $82M | $83M | $83M | $83M | $83M | $82M | $82M |
Peer Comparison
Compare MRTN with 10 similar companies in its peer group
| Company | Market Cap | P/E | EV/EBITDA | P/FCF | Gross Margin | Op Margin | ROE | ROIC | Debt/EBITDA |
|---|---|---|---|---|---|---|---|---|---|
 MRTNYou | $1B | 80.2 | 11.5 | — | 5.7% | 1.2% | 2.3% | 1.1% | 0.0 |
 WERN | $2B | -169.5 | 8.8 | — | 5.8% | 2.3% | -1.0% | 2.5% | 2.1 |
 HTLD | $1B | -21.6 | 13.0 | — | -0.9% | -7.7% | -6.6% | -4.8% | 1.7 |
 SNDR | $6B | 60.5 | 10.7 | 18.0 | 5.3% | 3.0% | 3.4% | 3.7% | 0.9 |
 KNX | $12B | 180.8 | 14.1 | 15.8 | 28.3% | 3.4% | 0.9% | 2.0% | 2.8 |
 JBHT | $26B | 44.3 | 17.2 | 27.1 | 10.5% | 7.2% | 15.8% | 12.0% | 0.9 |
 ODFL | $46B | 45.8 | 26.7 | 48.2 | 32.2% | 24.8% | 23.9% | 23.6% | 0.1 |
 SAIA | $12B | 45.7 | 20.0 | 424.5 | 23.7% | 10.9% | 10.4% | 9.4% | 0.7 |
 ARCB | $3B | 55.2 | 14.5 | 28.2 | 2.3% | 2.3% | 4.6% | 3.9% | 2.6 |
 CHRW | $22B | 38.3 | 26.1 | 24.5 | 8.4% | 4.9% | 32.9% | 18.0% | 1.8 |
 DSGR | $1B | 158.9 | 12.3 | 30.5 | 31.1% | 4.4% | 1.3% | 4.7% | 4.9 |
| Industrials Median | — | 25.6 | 13.9 | 20.0 | 32.0% | 4.3% | 8.2% | 6.1% | 3.2 |
Peer selection based on competitive and market overlap. Compare multiple stocks →
Download Financial Ratios Data
Includes 30+ ratios · 30 years · Updated daily
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MRTN — Frequently Asked Questions
Quick answers to the most common questions about buying MRTN stock.
What is Marten Transport, Ltd.'s P/E ratio?
Marten Transport, Ltd.'s current P/E ratio is 80.2x. The historical average is 22.2x. This places it at the 100th percentile of its historical range.
What is Marten Transport, Ltd.'s EV/EBITDA?
Marten Transport, Ltd.'s current EV/EBITDA is 11.5x. This enterprise value multiple compares the company's total value (equity + debt - cash) to its EBITDA. The historical average is 5.7x.
What is Marten Transport, Ltd.'s ROE?
Marten Transport, Ltd.'s return on equity (ROE) is 2.3%. The historical average is 9.9%.
Is MRTN stock overvalued?
Based on historical data, Marten Transport, Ltd. is trading at a P/E of 80.2x. This is at the 100th percentile of its historical P/E range. Compare with industry peers and growth rates for a complete picture.
What is Marten Transport, Ltd.'s dividend yield?
Marten Transport, Ltd.'s current dividend yield is 1.07% with a payout ratio of 84.1%.
What are Marten Transport, Ltd.'s profit margins?
Marten Transport, Ltd. has 5.7% gross margin and 1.2% operating margin.
How much debt does Marten Transport, Ltd. have?
Marten Transport, Ltd.'s Debt/EBITDA ratio is 0.0x, indicating low leverage. A ratio below 2x is generally considered financially healthy.