MRTN
Marten Transport, Ltd.
MRTN has lower modeled downside risk, despite its lower overall score.
RKLB
Rocket Lab USA, Inc.
RKLB 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.
RKLB Fundamentals
| Metric | Status |
|---|---|
| Strong | |
| Under pressure | |
| Weak | |
| Unavailable |
RKLB's revenue is currently strong, 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.
RKLB PE Valuation
RKLB 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.
RKLB Forward outlook
| Metric | Outlook |
|---|---|
| -- | |
| Losses shrinking | |
| Strong growth | |
| Strongly improving | |
| Limited | |
| Low |
Analysts expect RKLB's losses to shrink, with revenue growing. However, they disagree widely on these estimates.
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 RKLB on earnings quality, reporting a profit while its opponent remains loss making.
RKLB Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Q3 2026 | -$0.36 | +$0.03 |
| Q2 2026 | -$0.27 | +$0.19 |
| Q1 2026 | -$0.32 | +$0.09 |
| Q4 2025 | -$0.37 | +$0.01 |
| Q3 2025 | -$0.39 | -$0.02 |
| Q2 2025 | -$0.46 | -$0.11 |
| Q1 2025 | -$0.41 | -$0.04 |
| Q4 2024 | -$0.38 | $0.00 |
RKLB is still losing money, but less than at its worst: $0.36 per share over the past year, against $0.46 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 RKLB on profitability, with a higher operating margin.
RKLB Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $267.8M | +73% |
| Q2 2026 | $234.1M | +62% |
| Q1 2026 | $200.3M | +63% |
| Q4 2025 | $179.7M | +36% |
| Q3 2025 | $155.1M | +48% |
| Q2 2025 | $144.5M | +36% |
| Q1 2025 | $122.6M | +32% |
| Q4 2024 | $132.4M | +121% |
RKLB has the edge over MRTN on sales, with more consistent year-over-year improvement.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | -30% | +8.5 points |
| Q2 2026 | -25% | +17 points |
| Q1 2026 | -28% | +20 points |
| Q4 2025 | -28% | +11 points |
| Q3 2025 | -38% | +12 points |
| Q2 2025 | -41% | -0.5 points |
| Q1 2025 | -48% | -1.9 points |
| Q4 2024 | -39% | +41 points |
RKLB's operating margin was −30% last quarter, up 8.5 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 RKLB on cash generation, producing positive trailing cash flow while its opponent burns cash.
RKLB Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | -$23.9M | +$45.5M |
| Q2 2026 | -$110.1M | -$54.8M |
| Q1 2026 | -$77.4M | +$5.5M |
| Q4 2025 | -$114.2M | -$90.2M |
| Q3 2025 | -$69.4M | -$27.5M |
| Q2 2025 | -$55.3M | -$26.9M |
| Q1 2025 | -$82.9M | -$61.1M |
| Q4 2024 | -$23.9M | +$28.7M |
RKLB has burned cash in almost every quarter: −$326M over the past year, against −$232M 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 RKLB 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 |
RKLB Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | +3.6% | +22.6M shares |
| 1 year | +23% | +124M shares |
| 3 years | +35% | +168M shares |
| 5 years | +46% | +204M shares |
RKLB has 652M diluted shares, up 23% 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.
RKLB Net Leverage
RKLB'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).
RKLB Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 46.8 | Neutral |
| Stochastic | 27.6 | Neutral |
RKLB's weekly RSI is 47 (neutral) and its Stochastic is 28 (neutral).
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.
RKLB PE vs Industrials Sector
RKLB 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.
RKLB Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $61.4 | 4.3% above |
| 20 week MA | $68.1 | 5.9% below |
| 50 week MA | $77.6 | 17% below |
| 100 week MA | $56.5 | 13% above |
| 200 week MA | $31.4 | 104% above |
RKLB has the edge over MRTN on trend strength, trading above more of its moving averages.
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 the edge over RKLB on returns for 2026, with the stronger performance.
RKLB Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $9.82 | $10.3 | +4.9% |
| 2021 | $10.3 | $12.0 | +17% |
| 2022 | $12.0 | $3.77 | -69% |
| 2023 | $3.77 | $5.53 | +47% |
| 2024 | $5.53 | $27.2 | +392% |
| 2025 | $27.2 | $70.7 | +160% |
| 2026 YTD | $70.7 | $64.1 | -9.3% |
RKLB's yearly returns have swung widely, from +392% in 2024 to −69% in 2022. It's down 9.3% so far in 2026.