MRTN
Marten Transport, Ltd.
MRTN has lower modeled downside risk, despite its lower overall score.
RDW
Redwire Corporation
RDW has the edge over MRTN overall, supported by stronger valuation and stronger fundamentals.
MRTN Fundamentals
| Metric | Status |
|---|---|
| Stable | |
| Stable | |
| Stable | |
| Strong |
MRTN's balance sheet is currently strong, and its revenue, profitability and cash flow are stable.
RDW Fundamentals
| Metric | Status |
|---|---|
| Healthy | |
| Under pressure | |
| Under pressure | |
| Unavailable |
RDW's revenue is currently healthy, but its profitability and cash flow are under pressure. There isn't enough data to rate its balance sheet.
MRTN PE Valuation
| Level | PE | Price | Vs current |
|---|---|---|---|
| Cheap | 16x | $2.77 | -77% |
| Fair | 21x | $3.54 | -70% |
| Forward | 28x | $11.93 | — |
| Expensive | 50x | $8.45 | -29% |
| Current | 70x | $11.93 | — |
Historical ranges are pointers, not guarantees.
MRTN's PE is in its expensive range at 70x. If earnings grow as analysts expect, today's price would be 28x next year's earnings.
RDW PE Valuation
RDW has no meaningful PE right now: it lost money over the past year.
MRTN Forward outlook
| Metric | Outlook |
|---|---|
| Strongly improving | |
| Strong growth | |
| Growth | |
| Strongly improving | |
| Limited | |
| High |
Analysts expect earnings and revenue growth for MRTN, with profitability improving.
RDW Forward outlook
| Metric | Outlook |
|---|---|
| -- | |
| Losses shrinking | |
| Strong growth | |
| Strongly improving | |
| Limited | |
| Moderate |
Analysts expect RDW's losses to shrink, with revenue growing.
MRTN Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Forward | $0.43 | +155% |
| Q3 2026 | $0.17 | -26% |
| Q2 2026 | $0.16 | -36% |
| Q1 2026 | $0.18 | -31% |
| Q4 2025 | $0.21 | -36% |
| Q3 2025 | $0.23 | -44% |
| Q2 2025 | $0.25 | -53% |
| Q1 2025 | $0.26 | -63% |
| Q4 2024 | $0.33 | -62% |
MRTN has the edge over RDW on earnings quality, reporting a profit while its opponent remains loss making.
RDW Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Q3 2026 | -$1.17 | +$2.01 |
| Q2 2026 | -$1.37 | +$1.89 |
| Q1 2026 | -$2.59 | -$0.32 |
| Q4 2025 | -$2.28 | +$0.07 |
| Q3 2025 | -$3.18 | -$1.97 |
| Q2 2025 | -$3.26 | -$2.28 |
| Q1 2025 | -$2.27 | -$1.55 |
| Q4 2024 | -$2.35 | -$1.62 |
RDW is still losing money, but far less than before: $1.17 per share over the past year, against $3.26 at its worst in mid-2025.
MRTN Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $223.2M | +1.3% |
| Q2 2026 | $223.5M | -2.8% |
| Q1 2026 | $203.5M | -8.8% |
| Q4 2025 | $210.1M | -8.8% |
| Q3 2025 | $220.5M | -7.1% |
| Q2 2025 | $229.9M | -6.6% |
| Q1 2025 | $223.2M | -11% |
| Q4 2024 | $230.4M | -14% |
MRTN's revenue has slid since its 2022 peak: $223M last quarter, up 1.3% from the same quarter a year ago.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | 1.4% | +0.1 points |
| Q2 2026 | 3.1% | -1.1 points |
| Q1 2026 | 0.8% | -1.8 points |
| Q4 2025 | 2.2% | -0.7 points |
| Q3 2025 | 1.2% | -0.6 points |
| Q2 2025 | 4.2% | +0.2 points |
| Q1 2025 | 2.6% | -2.3 points |
| Q4 2024 | 2.9% | -2.9 points |
MRTN has the edge over RDW on profitability, with a higher operating margin.
RDW Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $109M | +5.4% |
| Q2 2026 | $117.1M | +90% |
| Q1 2026 | $97M | +58% |
| Q4 2025 | $108.8M | +56% |
| Q3 2025 | $103.4M | +51% |
| Q2 2025 | $61.8M | -21% |
| Q1 2025 | $61.4M | -30% |
| Q4 2024 | $69.6M | +9.6% |
RDW has the edge over MRTN on sales, with more consistent year-over-year improvement.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | -24% | +16 points |
| Q2 2026 | -19% | +130 points |
| Q1 2026 | -72% | -49 points |
| Q4 2025 | -75% | -48 points |
| Q3 2025 | -40% | -22 points |
| Q2 2025 | -149% | -140 points |
| Q1 2025 | -23% | -19 points |
| Q4 2024 | -27% | -17 points |
RDW's operating margin was −24% last quarter, up 16 points from the same quarter a year ago.
MRTN Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | $22.6M | +22% |
| Q2 2026 | $27.7M | -17% |
| Q1 2026 | $33M | -8.7% |
| Q4 2025 | $5.6M | -77% |
| Q3 2025 | $18.5M | -37% |
| Q2 2025 | $33.2M | -7.4% |
| Q1 2025 | $36.2M | -21% |
| Q4 2024 | $23.8M | -37% |
MRTN has the edge over RDW on cash generation, producing positive trailing cash flow while its opponent burns cash.
RDW Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | -$65.3M | -$38.5M |
| Q2 2026 | -$33.5M | +$57.2M |
| Q1 2026 | -$11.4M | +$35.5M |
| Q4 2025 | -$26.5M | -659% |
| Q3 2025 | -$26.9M | -$7.6M |
| Q2 2025 | -$90.6M | -$80.2M |
| Q1 2025 | -$46.9M | -3996% |
| Q4 2024 | $4.7M | -65% |
RDW has burned cash in most quarters: −$137M over the past year, against −$160M the year before.
MRTN Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | 0% | +30K shares |
| 1 year | +0.2% | +137K shares |
| 3 years | +0.3% | +210K shares |
| 5 years | -2% | -1.7M shares |
| Available history | -1.2% | -1M shares |
MRTN has the edge over RDW on shareholder dilution, with a more favorable share count trend.
| Quarter | Spent |
|---|---|
| Q4 2023 | — |
| Q3 2023 | — |
| Q2 2023 | — |
| Q1 2023 | — |
| Q4 2022 | — |
| Q3 2022 | — |
| Q2 2022 | $16.8M |
| Q1 2022 | $25M |
RDW Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | +13% | +29.6M shares |
| 1 year | +179% | +160M shares |
| 3 years | +289% | +186M shares |
| 5 years | +319% | +190M shares |
RDW has 250M diluted shares, up 179% from a year ago.
| Quarter | Spent |
|---|---|
| Q4 2020 | — |
| Q2 2020 | — |
| Q1 2020 | — |
MRTN Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q3 2026 | -0.8x | Net Cash |
| Q2 2026 | -0.9x | Net Cash |
| Q1 2026 | -0.6x | Net Cash |
| Q4 2025 | -0.3x | Net Cash |
| Q3 2025 | -0.4x | Net Cash |
| Q2 2025 | -0.3x | Net Cash |
| Q1 2025 | -0.3x | Net Cash |
| Q4 2024 | -0.1x | Net Cash |
MRTN has more cash than debt.
RDW Net Leverage
RDW's operating earnings (EBITDA) were negative over the past year, so its debt can't be measured against them.
MRTN Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 34.3 | Neutral |
| Stochastic | 18.3 | Oversold |
MRTN's weekly RSI is 34 (neutral) and its Stochastic is 18 (oversold).
RDW Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 42.3 | Neutral |
| Stochastic | 16.1 | Oversold |
RDW's weekly RSI is 42 (neutral) and its Stochastic is 16 (oversold).
MRTN PE vs Industrials Sector
| Metric | MRTN | Sector median | Relative |
|---|---|---|---|
| PE | 70x | 24x | 192% above |
| PE % | 93 | 58 | 35 pts above |
MRTN is trading at 70x earnings, a 192% premium to the Industrials sector's median of 24x.
RDW PE vs Industrials Sector
RDW has no meaningful PE right now: it lost money over the past year.
MRTN Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $12.4 | 3.6% below |
| 20 week MA | $14.2 | 16% below |
| 50 week MA | $14.1 | 15% below |
| 100 week MA | $13.5 | 11% below |
| 200 week MA | $16.4 | 27% below |
MRTN is in a downtrend: it's below all five of its weekly moving averages, and 27% below its 200-week average.
RDW Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $9.06 | 11% below |
| 20 week MA | $10.1 | 20% below |
| 50 week MA | $10.6 | 24% below |
| 100 week MA | $11.6 | 31% below |
| 200 week MA | $8.07 | 0.5% below |
RDW is in a downtrend: it's below all five of its weekly moving averages, and 0.5% below its 200-week average.
MRTN Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $14.4 | $17.2 | +19% |
| 2021 | $17.2 | $16.6 | -3.2% |
| 2022 | $16.6 | $20.0 | +20% |
| 2023 | $20.0 | $21.0 | +4.8% |
| 2024 | $21.0 | $15.6 | -26% |
| 2025 | $15.6 | $11.4 | -27% |
| 2026 YTD | $11.4 | $11.9 | +4.4% |
MRTN has finished lower in three of the last six years. It's up 4.4% so far in 2026.
RDW Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2021 | $10.2 | $7.34 | -28% |
| 2022 | $7.34 | $1.92 | -74% |
| 2023 | $1.92 | $2.85 | +48% |
| 2024 | $2.85 | $17.1 | +501% |
| 2025 | $17.1 | $7.15 | -58% |
| 2026 YTD | $7.15 | $8.03 | +12% |
RDW has the edge over MRTN on returns for 2026, with the stronger performance.