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We have strategically transitioned from a refrigerated long-haul carrier to a multifaceted business offering a network of time and temperature-sensitive and dry truck-based transportation and distribution capabilities across our current five distinct business platforms Temperature-Sensitive and Dry Truckload, Dedicated, Brokerage and MRTN de Mexico. We are one of the leading temperature-sensiti…
$15.58
+$0.44 (+2.91%)
Price from 28 days ago
Operating margin is thin at 2.59%. Limited cushion if revenue slows or costs rise, not the profile of a wide-moat business.
Revenue declined 8.3% YoY. The question is whether this is cyclical or a structural shift.
At 87x earnings, the current multiple leaves limited room for execution misses or growth deceleration. Negative free cash flow of -$51M. The business is consuming cash, not generating it.
86.6x earnings. The market is pricing in years of above-average growth. If that thesis breaks, downside from multiple compression alone could be 30%+. This is a stock where you're paying for the future, not the present.
Based on TTM earnings · Diluted shares
Profitability & Returns
Revenue (TTM)
$864M
▼ -8.3% YoY
Net Income (TTM)
$14M
▼ -35.2% YoY
Op. Margin
2.16%
▼ -0.9pp YoY
ROIC
1.68%
▼ -1.0pp YoY
Cash Flow & Balance Sheet
FCF (FY)
-$51M
▲ +48.1% YoY
Op. Cash Flow (TTM)
$90M
▼ -30.7% YoY
Net Debt
-$70M
Net Cash Position
Cash & Equiv.
$70M
5Y CAGR: +0.2%
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