MRTN Marten Transport PE ratio, current and historical analysis

The current P/E ratio for Marten Transport stock as of Apr 1, 2025 is 41.8. This is calculated based on the TTM EPS of $0.33 and the stock price of $13.8 per share. The PE ratio has increased by 13% from its last 4 quarters average of 36.9.

MRTN PE ratio history

How has MRTN's PE ratio performed in the past

The average historical PE ratio of Marten Transport for the last ten years is 20.09. The current price-to-earnings ratio of 41.8 is 108% more than the historical average. Analyzing the last ten years, MRTN's PE ratio reached its highest point in the Dec 2024 quarter at 47.3, when the price was $15.61 and the EPS was $0.33. The lowest point was recorded in the Sep 2018 quarter, when it reached 10.96 with a price of $14.03 and an EPS of $1.28.

Today
41.8
Average
20.09
Median
18.26
Minimum
10.96
Maximum
47.3

Marten Transport PE ratio by year

Maximum annual increase: 96.18% in 2024

Maximum annual decrease: -46.37% in 2017

Year PE ratio PE change Price EPS
2024 47.3 96.18% $15.61 $0.33
2023 24.11 64.57% $20.98 $0.87
2022 14.65 -12.06% $19.78 $1.35
2021 16.66 -18.77% $17.16 $1.03
2020 20.51 7.38% $17.23 $0.84
2019 19.1 18.56% $14.33 $0.75
2018 16.11 32.16% $10.79 $0.67
2017 12.19 -46.37% $13.53 $1.11
2016 22.73 38.01% $9.32 $0.41
2015 16.47 -32.19% $7.08 $0.43
2014 24.29 8.29% $8.74 $0.36
2013 22.43 50.94% $8.08 $0.36
2012 14.86 -7.07% $4.9 $0.33
2011 15.99 -32.67% $4.8 $0.3
2010 23.75 -0.79% $5.7 $0.24

Marten Transport PE ratio by quarter (TTM)

Year PE ratio PE change Price EPS
Dec 2024 47.3 14.92% $15.61 $0.33
Sep 2024 41.16 22.68% $17.7 $0.43
Jun 2024 33.55 30.7% $18.45 $0.55
Mar 2024 25.67 6.47% $18.48 $0.72
Dec 2023 24.11 25.97% $20.98 $0.87
Sep 2023 19.14 5.05% $19.71 $1.03
Jun 2023 18.22 13.03% $21.5 $1.18
Mar 2023 16.12 10.03% $20.95 $1.3
Dec 2022 14.65 2.45% $19.78 $1.35
Sep 2022 14.3 8.83% $19.16 $1.34
Jun 2022 13.14 -14.9% $16.82 $1.28
Mar 2022 15.44 -7.32% $17.76 $1.15
Dec 2021 16.66 2.97% $17.16 $1.03
Sep 2021 16.18 -8.74% $15.69 $0.97
Jun 2021 17.73 -7.03% $16.49 $0.93

MRTN average PE ratio chart

What is the average PE ratio of MRTN for the past years

Currently, MRTN's PE ratio is above its 3, 5 and 10-year averages.

3-year avg
24.31
5-year avg
21.81
10-year avg
20.09
15-year avg
20.31

MRTN PE vs peers

What is MRTN's PE ratio compared to its peers

When compared to its peer stocks KNX and WERN, MRTN's PE ratio is lower.

Stock name PE ratio Market cap
MRTN Marten Transport Ltd 41.8 $1.12B
WERN Werner Enterprises Inc 53.35 $1.82B
KNX Knight-Swift Transportation Holdings Inc 59.95 $7.09B
HTLD Heartland Express Inc N/A $730.51M
PAMT PAMT Corp. N/A $261.71M

Frequently asked questions

What is Marten Transport's PE ratio?

The price to earnings ratio for MRTN stock is 41.8 as of Apr 1, 2025.

What is the 3-year average PE ratio for Marten Transport (MRTN)?

As an average over the last 3 years, MRTN stock has a PE ratio of 24.31.

What is the 5-year average PE ratio for Marten Transport (MRTN)?

As an average over the last 5 years, MRTN stock has a PE ratio of 21.81.

What is the highest PE ratio for MRTN?

The highest quarterly PE ratio in the last ten years has been 47.3 and it was in the Dec 2024 quarter.

How does the current PE ratio for MRTN compare to its historical average?

The current PE ratio of MRTN is 108% higher than the 10-year historical average.

How is MRTN's PE ratio calculated (Marten Transport PE ratio formula)?

You can calculate the P/E ratio by dividing the most recent stock price by the trailing twelve months earnings per share(EPS). As of today (Apr 1, 2025), Marten Transport's share price is $13.8. The company's earnings per share for the trailing twelve months (TTM) ending Dec 2024 is $0.33. Therefore, Marten Transport's price to earnings ratio for today is 41.8. PE RATIO(41.8) = STOCK PRICE($13.8) / TTM EPS($0.33)

All PE ratio stats are based on quarterly TTM periods, unless otherwise specified. Data from and Sharadar.