Marten Transport (MRTN)
Market Price (4/15/2026): $14.115 | Market Cap: $1.2 BilSector: Industrials | Industry: Cargo Ground Transportation
Marten Transport (MRTN)
Market Price (4/15/2026): $14.115Market Cap: $1.2 BilSector: IndustrialsIndustry: Cargo Ground Transportation
Investment Highlights Why It Matters Detailed financial logic regarding cash flow yields vs trend-riding momentum.
Attractive cash flow generationCFO/Rev LTMCash Flow from Operations / Revenue (Sales), Last Twelve Months (LTM) is 11% Low stock price volatilityVol 12M is 33% Megatrend and thematic driversMegatrends include Future of Freight, and E-commerce & DTC Adoption. Themes include Freight Technology, Online Grocery Platforms, Show more. | Trading close to highsDist 52W High is -0.2% Weak multi-year price returns2Y Excs Rtn is -52%, 3Y Excs Rtn is -96% | Expensive valuation multiplesP/EBITPrice/EBIT or Price/(Operating Income) ratio is 106x, P/EPrice/Earnings or Price/(Net Income) is 66x Weak revenue growthRev Chg LTMRevenue Change % Last Twelve Months (LTM) is -8.3%, Rev Chg 3Y AvgRevenue Change % averaged over trailing 3 years is -11%, Rev Chg QQuarterly Revenue Change % is -8.8% Not cash flow generativeFCF/Rev LTMFree Cash Flow / Revenue (Sales), Last Twelve Months (LTM) is -5.8% Key risksMRTN key risks include [1] weak freight market conditions, Show more. |
| Attractive cash flow generationCFO/Rev LTMCash Flow from Operations / Revenue (Sales), Last Twelve Months (LTM) is 11% |
| Low stock price volatilityVol 12M is 33% |
| Megatrend and thematic driversMegatrends include Future of Freight, and E-commerce & DTC Adoption. Themes include Freight Technology, Online Grocery Platforms, Show more. |
| Trading close to highsDist 52W High is -0.2% |
| Weak multi-year price returns2Y Excs Rtn is -52%, 3Y Excs Rtn is -96% |
| Expensive valuation multiplesP/EBITPrice/EBIT or Price/(Operating Income) ratio is 106x, P/EPrice/Earnings or Price/(Net Income) is 66x |
| Weak revenue growthRev Chg LTMRevenue Change % Last Twelve Months (LTM) is -8.3%, Rev Chg 3Y AvgRevenue Change % averaged over trailing 3 years is -11%, Rev Chg QQuarterly Revenue Change % is -8.8% |
| Not cash flow generativeFCF/Rev LTMFree Cash Flow / Revenue (Sales), Last Twelve Months (LTM) is -5.8% |
| Key risksMRTN key risks include [1] weak freight market conditions, Show more. |
Qualitative Assessment
AI Analysis | Feedback
1. Marten Transport exceeded Q4 2025 earnings expectations, reporting diluted earnings per share of $0.05 against an estimated $0.03, representing a 66.67% beat. The company also reported Q4 2025 revenue of $210.1 million, surpassing the consensus estimate of $207.2 million. This performance marked a significant sequential improvement, with fourth-quarter earnings improving by 66.1% and operating income by 67.3% from the third quarter of 2025.
2. Multiple analyst firms upgraded Marten Transport's stock ratings and price targets. Robert W. Baird upgraded Marten Transport to a "strong-buy" rating on April 1, 2026, while Zacks Research and Wall Street Zen upgraded the stock from "strong sell" and "sell" to "hold" on March 13, 2026, and January 31, 2026, respectively. The average analyst price target was revised upward by 27.27% in the three months leading up to April 2026.
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Stock Movement Drivers
Fundamental Drivers
The 24.6% change in MRTN stock from 12/31/2025 to 4/14/2026 was primarily driven by a 38.5% change in the company's P/E Multiple.| (LTM values as of) | 12312025 | 4142026 | Change |
|---|---|---|---|
| Stock Price ($) | 11.32 | 14.11 | 24.6% |
| Change Contribution By: | |||
| Total Revenues ($ Mil) | 904 | 884 | -2.2% |
| Net Income Margin (%) | 2.1% | 2.0% | -7.9% |
| P/E Multiple | 47.6 | 65.9 | 38.5% |
| Shares Outstanding (Mil) | 82 | 82 | 0.0% |
| Cumulative Contribution | 24.6% |
Market Drivers
12/31/2025 to 4/14/2026| Return | Correlation | |
|---|---|---|
| MRTN | 24.6% | |
| Market (SPY) | -5.4% | 42.7% |
| Sector (XLI) | 11.8% | 52.3% |
Fundamental Drivers
The 33.7% change in MRTN stock from 9/30/2025 to 4/14/2026 was primarily driven by a 60.3% change in the company's P/E Multiple.| (LTM values as of) | 9302025 | 4142026 | Change |
|---|---|---|---|
| Stock Price ($) | 10.55 | 14.11 | 33.7% |
| Change Contribution By: | |||
| Total Revenues ($ Mil) | 921 | 884 | -4.0% |
| Net Income Margin (%) | 2.3% | 2.0% | -13.1% |
| P/E Multiple | 41.1 | 65.9 | 60.3% |
| Shares Outstanding (Mil) | 82 | 82 | 0.0% |
| Cumulative Contribution | 33.7% |
Market Drivers
9/30/2025 to 4/14/2026| Return | Correlation | |
|---|---|---|
| MRTN | 33.7% | |
| Market (SPY) | -2.9% | 33.9% |
| Sector (XLI) | 12.8% | 49.8% |
Fundamental Drivers
The 4.9% change in MRTN stock from 3/31/2025 to 4/14/2026 was primarily driven by a 62.0% change in the company's P/E Multiple.| (LTM values as of) | 3312025 | 4142026 | Change |
|---|---|---|---|
| Stock Price ($) | 13.45 | 14.11 | 4.9% |
| Change Contribution By: | |||
| Total Revenues ($ Mil) | 964 | 884 | -8.3% |
| Net Income Margin (%) | 2.8% | 2.0% | -29.3% |
| P/E Multiple | 40.7 | 65.9 | 62.0% |
| Shares Outstanding (Mil) | 81 | 82 | -0.1% |
| Cumulative Contribution | 4.9% |
Market Drivers
3/31/2025 to 4/14/2026| Return | Correlation | |
|---|---|---|
| MRTN | 4.9% | |
| Market (SPY) | 16.3% | 41.4% |
| Sector (XLI) | 33.7% | 51.9% |
Fundamental Drivers
The -29.4% change in MRTN stock from 3/31/2023 to 4/14/2026 was primarily driven by a -77.4% change in the company's Net Income Margin (%).| (LTM values as of) | 3312023 | 4142026 | Change |
|---|---|---|---|
| Stock Price ($) | 20.00 | 14.11 | -29.4% |
| Change Contribution By: | |||
| Total Revenues ($ Mil) | 1,264 | 884 | -30.1% |
| Net Income Margin (%) | 8.7% | 2.0% | -77.4% |
| P/E Multiple | 14.7 | 65.9 | 348.7% |
| Shares Outstanding (Mil) | 81 | 82 | -0.5% |
| Cumulative Contribution | -29.4% |
Market Drivers
3/31/2023 to 4/14/2026| Return | Correlation | |
|---|---|---|
| MRTN | -29.4% | |
| Market (SPY) | 63.3% | 39.1% |
| Sector (XLI) | 78.7% | 52.8% |
Price Returns Compared
| 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | Total [1] | |
|---|---|---|---|---|---|---|---|
| Returns | |||||||
| MRTN Return | 4% | 17% | 7% | -25% | -26% | 24% | -10% |
| Peers Return | 37% | -12% | 13% | -6% | -4% | 14% | 41% |
| S&P 500 Return | 27% | -19% | 24% | 23% | 16% | -0% | 81% |
Monthly Win Rates [3] | |||||||
| MRTN Win Rate | 50% | 42% | 50% | 50% | 25% | 75% | |
| Peers Win Rate | 67% | 35% | 45% | 48% | 58% | 75% | |
| S&P 500 Win Rate | 75% | 42% | 67% | 75% | 67% | 50% | |
Max Drawdowns [4] | |||||||
| MRTN Max Drawdown | -13% | -7% | -11% | -25% | -39% | 0% | |
| Peers Max Drawdown | -2% | -24% | -7% | -18% | -29% | -5% | |
| S&P 500 Max Drawdown | -1% | -25% | -1% | -2% | -15% | -7% | |
[1] Cumulative total returns since the beginning of 2021
[2] Peers: KNX, WERN, SNDR, JBHT, LSTR.
[3] Win Rate = % of calendar months in which monthly returns were positive
[4] Max drawdown represents maximum peak-to-trough decline within a year
[5] 2026 data is for the year up to 4/14/2026 (YTD)
How Low Can It Go
| Event | MRTN | S&P 500 |
|---|---|---|
| 2022 Inflation Shock | ||
| % Loss | -24.7% | -25.4% |
| % Gain to Breakeven | 32.8% | 34.1% |
| Time to Breakeven | Not Fully Recovered days | 464 days |
| 2020 Covid Pandemic | ||
| % Loss | -27.2% | -33.9% |
| % Gain to Breakeven | 37.3% | 51.3% |
| Time to Breakeven | 38 days | 148 days |
| 2018 Correction | ||
| % Loss | -36.7% | -19.8% |
| % Gain to Breakeven | 57.9% | 24.7% |
| Time to Breakeven | 498 days | 120 days |
| 2008 Global Financial Crisis | ||
| % Loss | -44.7% | -56.8% |
| % Gain to Breakeven | 80.9% | 131.3% |
| Time to Breakeven | 233 days | 1,480 days |
Compare to KNX, WERN, SNDR, JBHT, LSTR
In The Past
Marten Transport's stock fell -24.7% during the 2022 Inflation Shock from a high on 8/7/2023. A -24.7% loss requires a 32.8% gain to breakeven.
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About Marten Transport (MRTN)
AI Analysis | Feedback
A J.B. Hunt for refrigerated goods.
The 'cold chain' logistics partner, similar to how Schneider National handles general freight.
AI Analysis | Feedback
- Truckload: Transports temperature-sensitive food and other consumer packaged goods using its own fleet.
- Dedicated: Provides customized transportation solutions tailored to individual customers' specific requirements.
- Intermodal: Moves customer freight by combining road and rail transport, utilizing refrigerated containers and temperature-controlled trailers on railroad flatcars.
- Brokerage: Arranges for third-party carriers to transport freight for customers, primarily in temperature-controlled and dry vans.
AI Analysis | Feedback
Marten Transport (MRTN) primarily provides its transportation services to other businesses, acting as a business-to-business (B2B) service provider.
Based on publicly available information, Marten Transport does not disclose specific major customers by name, as no single customer accounts for a material portion of its revenue (typically 10% or more) that would require individual disclosure in SEC filings. Therefore, it serves a diverse customer base.
However, the company's services are tailored to certain types of businesses and industries. Marten Transport serves:
- Companies in the food production and processing industry, including those that manufacture fresh, frozen, and refrigerated food products requiring temperature-controlled transportation.
- Consumer packaged goods (CPG) manufacturers and distributors, for whom Marten Transport transports a wide array of packaged goods that may require specific temperature control or efficient truckload and intermodal logistics.
- Other businesses across the United States, Canada, and Mexico that require specialized, temperature-controlled, or insulated freight transportation solutions for their supply chains, including dry vans and other specialized equipment.
AI Analysis | Feedback
- PACCAR Inc. (PCAR)
- Daimler Truck Holding AG (DTGFF)
- Wabash National Corporation (WNC)
- Union Pacific Corporation (UNP)
- CSX Corporation (CSX)
- Norfolk Southern Corporation (NSC)
- Canadian National Railway Company (CNI)
- Canadian Pacific Kansas City Limited (CP)
AI Analysis | Feedback
Randolph L. Marten, Chairman of the Board and Chief Executive Officer
Randolph L. Marten assumed the role of Chairman of the Board and Chief Executive Officer effective October 1, 2025. He has a long history with Marten Transport, having been a full-time employee since 1974 and a Director since October 1980. Mr. Marten previously served as CEO from January 2005 to May 2021 and as Executive Chairman since May 2021. His father, Roger Marten, founded Marten Transport in 1946. In 1986, he became President of the company. In 2025, Mr. Marten oversaw the sale of Marten's intermodal division to Hub Group for $51.8 million.
James J. Hinnendael, Executive Vice President and Chief Financial Officer
James J. Hinnendael was appointed Chief Financial Officer effective January 1, 2006, and Executive Vice President in May 2015. Prior to these roles, he served as Marten's Controller from January 1992 to December 2005. Before joining Marten Transport, Mr. Hinnendael was an auditor for Ernst & Young in Milwaukee from January 1987 through December 1991. He holds a degree in accounting and finance from the University of Wisconsin and is a certified public accountant.
Douglas P. Petit, President
Douglas P. Petit serves as the President of Marten Transport. His salary was temporarily reduced in September 2024 to mitigate the impact of a freight recession, but his former base salary was reinstated by May 2025.
Adam D. Phillips, Executive Vice President and Chief Operating Officer
Adam D. Phillips holds the position of Executive Vice President and Chief Operating Officer. He joined Marten Transport in late 2023.
Randall J. Baier, Executive Vice President and Chief Technology Officer
Randall J. Baier is the Executive Vice President and Chief Technology Officer at Marten Transport. He joined the company in the middle of 2023.
AI Analysis | Feedback
Key Risks to Marten Transport (MRTN)
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Freight Market Volatility and Economic Downturns: Marten Transport faces significant risk from an extended freight market recession, characterized by an oversupply of capacity and weak demand, which puts substantial pressure on revenue, freight rates, and overall profitability. This includes broader general economic and business factors largely beyond the company's control.
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Inflationary Operating Costs and Driver Shortage: The company is exposed to the risk of persistently high or increasing operating costs due to inflation, impacting expenses such as fuel, equipment, and maintenance. Additionally, a structural shortage of qualified drivers in the trucking industry can permanently raise the company's cost structure and affect its ability to maintain or expand operations. Regulatory changes, such as increased random drug testing rates, have also contributed to the removal of a significant number of drivers from the industry.
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Legal and Reputational Risks from Accidents: Marten Transport is exposed to legal and financial liabilities, as well as reputational damage, stemming from truck crashes and related litigation. A recent significant jury verdict highlights the potential for substantial awards against the company, which can put its legal, insurance, and safety practices under scrutiny and impact its financial health. While the company self-insures for a portion of its claims exposure, large verdicts can still present considerable risk.
AI Analysis | Feedback
- Autonomous Trucking: The development and potential deployment of fully autonomous trucks, particularly in long-haul and temperature-controlled segments, poses a clear emerging threat. If a competitor or new entrant successfully adopts this technology before Marten Transport, it could significantly reduce operating costs by eliminating the need for human drivers, leading to a substantial competitive advantage in pricing and efficiency.
- Advanced Digital Freight Brokerage Platforms: The rise of sophisticated digital freight brokerage and logistics platforms (often referred to as "Uber for freight") that leverage AI and advanced algorithms to optimize freight matching, routing, and pricing could disrupt traditional brokerage models and create downward pressure on rates for asset-based carriers. These platforms aim to disintermediate traditional processes, potentially eroding Marten Transport's margins and market share by offering shippers more efficient and potentially lower-cost alternatives.
AI Analysis | Feedback
Marten Transport, Ltd. (MRTN) operates in several key segments, including Truckload, Dedicated, Intermodal, and Brokerage, primarily focusing on temperature-sensitive transportation in the United States, Canada, and Mexico. The addressable markets for these services are sized as follows:United States
- Temperature-Sensitive Truckload (Refrigerated Trucking): The United States refrigerated trucking market was valued at approximately USD 31.14 billion in 2025 and is projected to reach USD 45.38 billion by 2031, growing at a Compound Annual Growth Rate (CAGR) of 6.5% from 2026 to 2031. Another estimate places the U.S. refrigerated trucking market size at USD 10.05 billion in 2023, anticipated to exceed USD 15.60 billion by 2033, with a CAGR of 4.5% from 2023 to 2033.
- Dedicated (Dedicated Contract Carriage): As a component of the broader U.S. third-party logistics (3PL) market, dedicated contract carriage services are provided through agreements, with operations primarily focused on managing asset-based truckload transportation. The U.S. contract logistics market, which includes transportation services, generated USD 65,163.2 million in 2024 and is expected to reach USD 103,789.6 million by 2030, growing at a CAGR of 8.3% from 2025 to 2030.
- Intermodal: The Intermodal Freight Transportation Market in North America accounted for approximately 34% of the global revenue share in 2023. The global intermodal freight transportation market was valued at USD 82.2 billion in 2023 and is estimated to grow at a CAGR of over 9% between 2024 and 2032. Another report indicates the global market reached US$ 51.56 billion in 2023 and is expected to reach US$ 155.89 billion by 2031, with a CAGR of 15.09% during 2024-2031.
- Brokerage: The United States freight brokerage market size is expected to grow from USD 19.68 billion in 2025 to USD 21.28 billion in 2026, with a forecast to reach USD 30.17 billion by 2031 at a 7.23% CAGR over 2026-2031. Another assessment valued the U.S. freight brokerage market at USD 19.01 billion in 2025, projected to reach USD 39.93 billion by 2034, growing at a CAGR of 8.6% from 2026 to 2034. The broader "Freight Forwarding Brokerages & Agencies in the US" market was USD 125.0 billion in 2024 and is estimated at USD 127.7 billion in 2025.
Canada
- Temperature-Sensitive Truckload (Cold Chain Logistics): The Canada cold chain logistics market, which includes refrigerated transport, was valued at USD 6.09 billion in 2025, estimated to grow to USD 6.34 billion in 2026, and reach USD 7.72 billion by 2031, with a CAGR of 4.03% during the forecast period (2026-2031). Other estimates suggest the Canadian cold chain logistics market was valued at USD 6.9 billion in 2024, projected to achieve a CAGR of 12.4% between 2024 and 2033. The Canada cold chain market, more broadly, generated USD 26,326.3 million in revenue in 2025 and is expected to reach USD 110,123.9 million by 2033, with a CAGR of 19.9% from 2026 to 2033.
Mexico
- Temperature-Sensitive Truckload (Cold Chain Logistics and Refrigerated Transport): The Mexico cold chain logistics market is estimated at USD 4.06 billion in 2024 and is expected to reach USD 6.06 billion by 2029, growing at a CAGR of 12.36% during the forecast period (2024-2029). Another report shows the Mexico cold chain logistics market size growing from USD 7.04 billion in 2025 to USD 7.39 billion in 2026 and forecasting to reach USD 9.38 billion by 2031, with a 4.90% CAGR over 2026-2031. Specifically for refrigerated transport, the Mexico market reached USD 294.0 million in 2024 and is expected to reach USD 440.3 million by 2033, exhibiting a CAGR of 4.59% during 2025-2033.
AI Analysis | Feedback
Marten Transport (MRTN) is expected to drive future revenue growth over the next two to three years through several key strategies and market dynamics:
- Expansion in Dedicated and Brokerage Segments: Marten Transport's Dedicated and Brokerage segments are significant contributors to its operating income and are poised for continued growth. The Dedicated segment has shown substantial growth, and the brokerage segment has also expanded significantly, supported by a strategic diversification of its freight base and the addition of new customers. Marten's strategic priorities for 2025-2026 include revenue growth and market share expansion, with a focus on these specialized segments.
- Growth of Marten de Mexico Operations: The company's Marten de Mexico business has demonstrated strong growth, indicating a strategic focus on expanding its international presence. This segment has shown a notable increase in revenue, contributing to overall growth.
- Strategic Acquisitions: Marten Transport is financially well-positioned to pursue strategic acquisitions. These acquisitions are expected to expand its capabilities, customer base, or geographic reach, thereby contributing to future revenue growth.
- Market Share Expansion through Operational Efficiency and Pricing Power: Despite facing a challenging freight market, Marten Transport has focused on improving operational efficiency and cost management. This focus allows the company to maintain flexibility and some pricing power, which can lead to expanding market share even amidst competitive pressures.
- Benefitting from Industry Capacity Exits due to Regulatory Enforcement: Marten Transport anticipates that stricter enforcement of immigration and driver-related regulations, such as English Language Proficiency and B-1 visa regulations, will lead to additional industry capacity exits. These changes are expected to positively impact growth opportunities for the company by potentially reducing competition.
AI Analysis | Feedback
Share Repurchases
- As of December 31, 2024, Marten Transport had approximately $33.2 million, or 2.2 million shares, available for future repurchases under its share repurchase program.
- The company continues to maintain an authorized share repurchase program.
Share Issuance
- Marten Transport had 81,542,174 shares of common stock issued and outstanding as of December 31, 2025, a slight increase from 81,463,938 shares at December 31, 2024.
- Shares outstanding have shown minor fluctuations over the past few years, increasing slightly from 81.1 million in 2022 to 81.52 million in 2025, after a decrease from 82.98 million in 2021.
Outbound Investments
- Marten Transport completed the sale of assets related to its intermodal business to Hub Group, Inc., effective September 30, 2025.
- The transaction was structured as an asset sale, including over 1,200 refrigerated containers and contracts, for $51.8 million in cash, with $5.0 million held in escrow through December 2026.
Capital Expenditures
- In 2024, net cash flows were primarily used to purchase new revenue equipment, net of dispositions, in the amount of $146.8 million, and to construct and upgrade regional operating facilities for $4.3 million.
- Net capital expenditures for 2025 were $42.8 million, and are estimated to be $92 million for 2026.
- Capital expenditures are primarily focused on maintaining a modern fleet and investing in technology and infrastructure, including new revenue equipment (tractors and trailers), safety systems, and solar energy initiatives.
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Peer Comparisons
| Peers to compare with: |
Financials
| Median | |
|---|---|
| Name | |
| Mkt Price | 46.88 |
| Mkt Cap | 5.4 |
| Rev LTM | 5,209 |
| Op Inc LTM | 169 |
| FCF LTM | 199 |
| FCF 3Y Avg | 122 |
| CFO LTM | 431 |
| CFO 3Y Avg | 498 |
Growth & Margins
| Median | |
|---|---|
| Name | |
| Rev Chg LTM | -1.1% |
| Rev Chg 3Y Avg | -5.5% |
| Rev Chg Q | -1.9% |
| QoQ Delta Rev Chg LTM | -0.5% |
| Op Mgn LTM | 3.3% |
| Op Mgn 3Y Avg | 4.0% |
| QoQ Delta Op Mgn LTM | -0.1% |
| CFO/Rev LTM | 10.9% |
| CFO/Rev 3Y Avg | 12.6% |
| FCF/Rev LTM | 3.9% |
| FCF/Rev 3Y Avg | 1.8% |
Valuation
| Median | |
|---|---|
| Name | |
| Mkt Cap | 5.4 |
| P/S | 1.3 |
| P/EBIT | 36.6 |
| P/E | 49.0 |
| P/CFO | 11.4 |
| Total Yield | 3.3% |
| Dividend Yield | 1.5% |
| FCF Yield 3Y Avg | 1.7% |
| D/E | 0.1 |
| Net D/E | 0.0 |
Returns
| Median | |
|---|---|
| Name | |
| 1M Rtn | 17.1% |
| 3M Rtn | 9.8% |
| 6M Rtn | 35.5% |
| 12M Rtn | 24.9% |
| 3Y Rtn | 5.3% |
| 1M Excs Rtn | 12.1% |
| 3M Excs Rtn | 9.7% |
| 6M Excs Rtn | 31.3% |
| 12M Excs Rtn | -6.0% |
| 3Y Excs Rtn | -60.8% |
Segment Financials
Revenue by Segment| $ Mil | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Truckload | 440 | 465 | 500 | 397 | 379 |
| Dedicated | 319 | 408 | 429 | 329 | 310 |
| Brokerage | 146 | 166 | 205 | 145 | 97 |
| Intermodal | 59 | 92 | 130 | 102 | 89 |
| Total | 964 | 1,131 | 1,264 | 974 | 874 |
| $ Mil | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Dedicated | 23 | 48 | 51 | 36 | 41 |
| Brokerage | 11 | 17 | 23 | 15 | 7 |
| Truckload | 3 | 25 | 59 | 51 | 40 |
| Intermodal | -4 | -0 | 11 | 9 | 6 |
| Total | 33 | 90 | 143 | 112 | 93 |
Price Behavior
| Market Price | $14.11 | |
| Market Cap ($ Bil) | 1.2 | |
| First Trading Date | 02/26/1992 | |
| Distance from 52W High | -0.2% | |
| 50 Days | 200 Days | |
| DMA Price | $13.11 | $11.85 |
| DMA Trend | indeterminate | up |
| Distance from DMA | 7.6% | 19.1% |
| 3M | 1YR | |
| Volatility | 38.5% | 33.4% |
| Downside Capture | 0.20 | 0.62 |
| Upside Capture | 156.67 | 98.86 |
| Correlation (SPY) | 39.5% | 39.6% |
| 1M | 2M | 3M | 6M | 1Y | 3Y | |
|---|---|---|---|---|---|---|
| Beta | 1.52 | 1.29 | 1.39 | 1.00 | 0.75 | 0.75 |
| Up Beta | 2.77 | -0.10 | 1.25 | 0.60 | 0.68 | 0.77 |
| Down Beta | 1.81 | 2.13 | 1.56 | 1.14 | 0.46 | 0.46 |
| Up Capture | 152% | 168% | 201% | 143% | 89% | 41% |
| Bmk +ve Days | 7 | 16 | 27 | 65 | 139 | 424 |
| Stock +ve Days | 12 | 24 | 33 | 61 | 112 | 355 |
| Down Capture | 110% | 86% | 86% | 77% | 110% | 102% |
| Bmk -ve Days | 12 | 23 | 33 | 58 | 110 | 323 |
| Stock -ve Days | 10 | 18 | 29 | 63 | 132 | 382 |
[1] Upside and downside betas calculated using positive and negative benchmark daily returns respectively
Based On 1-Year Data
| Annualized Return | Annualized Volatility | Sharpe Ratio | Correlation with MRTN | |
|---|---|---|---|---|
| MRTN | 8.0% | 33.3% | 0.27 | - |
| Sector ETF (XLI) | 42.1% | 15.4% | 2.08 | 51.9% |
| Equity (SPY) | 24.2% | 12.9% | 1.49 | 40.1% |
| Gold (GLD) | 53.4% | 27.6% | 1.55 | -3.3% |
| Commodities (DBC) | 26.8% | 16.2% | 1.47 | -4.9% |
| Real Estate (VNQ) | 18.7% | 13.8% | 1.00 | 31.7% |
| Bitcoin (BTCUSD) | -6.8% | 42.9% | -0.05 | 10.7% |
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Based On 5-Year Data
| Annualized Return | Annualized Volatility | Sharpe Ratio | Correlation with MRTN | |
|---|---|---|---|---|
| MRTN | -1.8% | 30.1% | -0.03 | - |
| Sector ETF (XLI) | 13.5% | 17.3% | 0.61 | 52.4% |
| Equity (SPY) | 11.1% | 17.0% | 0.50 | 42.1% |
| Gold (GLD) | 22.5% | 17.8% | 1.03 | 1.9% |
| Commodities (DBC) | 11.7% | 18.8% | 0.51 | 11.1% |
| Real Estate (VNQ) | 3.9% | 18.8% | 0.11 | 37.1% |
| Bitcoin (BTCUSD) | 5.8% | 56.5% | 0.32 | 12.3% |
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Based On 10-Year Data
| Annualized Return | Annualized Volatility | Sharpe Ratio | Correlation with MRTN | |
|---|---|---|---|---|
| MRTN | 8.9% | 32.9% | 0.34 | - |
| Sector ETF (XLI) | 14.2% | 19.9% | 0.63 | 53.1% |
| Equity (SPY) | 14.0% | 17.9% | 0.67 | 46.8% |
| Gold (GLD) | 14.3% | 15.9% | 0.75 | 1.3% |
| Commodities (DBC) | 8.8% | 17.6% | 0.42 | 15.0% |
| Real Estate (VNQ) | 5.4% | 20.7% | 0.23 | 37.3% |
| Bitcoin (BTCUSD) | 67.7% | 66.9% | 1.07 | 7.0% |
Smart multi-asset allocation framework can stack odds in your favor. Learn How
Returns Analyses
Earnings Returns History
Expand for More| Forward Returns | |||
|---|---|---|---|
| Earnings Date | 1D Returns | 5D Returns | 21D Returns |
| 1/27/2026 | 0.0% | 8.3% | 8.7% |
| 10/23/2025 | -9.1% | -8.0% | -8.0% |
| 7/16/2025 | 0.2% | -1.3% | -5.9% |
| 4/16/2025 | -3.4% | -1.4% | 4.1% |
| 1/27/2025 | -3.7% | -7.2% | -11.4% |
| 10/17/2024 | -2.8% | -6.2% | 1.1% |
| 7/18/2024 | 1.1% | 1.7% | -3.5% |
| 4/18/2024 | 3.7% | 4.8% | 13.3% |
| ... | |||
| SUMMARY STATS | |||
| # Positive | 12 | 11 | 13 |
| # Negative | 12 | 13 | 11 |
| Median Positive | 4.7% | 4.8% | 6.4% |
| Median Negative | -5.6% | -6.2% | -5.4% |
| Max Positive | 17.8% | 15.0% | 36.3% |
| Max Negative | -9.1% | -10.2% | -11.4% |
SEC Filings
Expand for More| Report Date | Filing Date | Filing |
|---|---|---|
| 12/31/2025 | 02/27/2026 | 10-K |
| 09/30/2025 | 11/07/2025 | 10-Q |
| 06/30/2025 | 08/08/2025 | 10-Q |
| 03/31/2025 | 05/09/2025 | 10-Q |
| 12/31/2024 | 02/28/2025 | 10-K |
| 09/30/2024 | 11/08/2024 | 10-Q |
| 06/30/2024 | 08/08/2024 | 10-Q |
| 03/31/2024 | 05/09/2024 | 10-Q |
| 12/31/2023 | 02/28/2024 | 10-K |
| 09/30/2023 | 11/08/2023 | 10-Q |
| 06/30/2023 | 08/07/2023 | 10-Q |
| 03/31/2023 | 05/05/2023 | 10-Q |
| 12/31/2022 | 02/28/2023 | 10-K |
| 09/30/2022 | 11/08/2022 | 10-Q |
| 06/30/2022 | 08/08/2022 | 10-Q |
| 03/31/2022 | 05/05/2022 | 10-Q |
Insider Activity
Expand for More| # | Owner | Title | Holding | Action | Filing Date | Price | Shares | Transacted Value | Value of Held Shares | Form |
|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Bauer, Jerry M | Direct | Buy | 4292025 | 12.88 | 20,000 | 257,660 | 2,273,128 | Form |
External Quote Links
| Y Finance | Barrons |
| TradingView | Morningstar |
| SeekingAlpha | ValueLine |
| Motley Fool | Robinhood |
| CNBC | Etrade |
| MarketWatch | Unusual Whales |
| YCharts | Perplexity Finance |
| FinViz |
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