Marten Transport [MRTN] vs Covenant Logistics [CVLG] Detailed Stock Comparison

TLDR: Quick Comparison Summary

Based on 21 vital metrics comparison: Marten Transport, Ltd. wins in 12 metrics, Covenant Logistics Group Inc. wins in 8 metrics, with 0 ties. Marten Transport, Ltd. appears stronger overall.

View Metrics Details

Vital Metrics Comparison

Metric Marten Transport, Ltd. Covenant Logistics Group Inc. Better
P/E Ratio (TTM) 70.52 193.75 Marten Transport, Ltd.
Price-to-Book Ratio 1.57 1.92 Marten Transport, Ltd.
Debt-to-Equity Ratio 0.06 83.84 Marten Transport, Ltd.
PEG Ratio -2.47 -0.51 Covenant Logistics Group Inc.
EV/EBITDA 9.50 9.58 Marten Transport, Ltd.
Profit Margin (TTM) 1.97% 0.62% Marten Transport, Ltd.
Operating Margin (TTM) 0.60% -2.06% Marten Transport, Ltd.
EBITDA Margin (TTM) 0.60% N/A N/A
Return on Equity 2.27% 1.05% Marten Transport, Ltd.
Return on Assets (TTM) 0.71% 1.43% Covenant Logistics Group Inc.
Free Cash Flow (TTM) $-51.07M $-33.92M Covenant Logistics Group Inc.
Dividend Yield 2.28% 1.06% Marten Transport, Ltd.
1-Year Return 39.69% 99.69% Covenant Logistics Group Inc.
Price-to-Sales Ratio (TTM) 1.37 0.67 Covenant Logistics Group Inc.
Enterprise Value $1.16B $1.11B Marten Transport, Ltd.
EV/Revenue Ratio 1.32 0.95 Covenant Logistics Group Inc.
Gross Profit Margin (TTM) 13.28% 12.49% Marten Transport, Ltd.
Revenue per Share (TTM) $11 $45 Covenant Logistics Group Inc.
Earnings per Share (Diluted) $0.21 $0.16 Marten Transport, Ltd.
Beta (Stock Volatility) 0.84 1.16 Marten Transport, Ltd.
Short % of Float 4.29% 3.31% Covenant Logistics Group Inc.

Marten Transport, Ltd. vs Covenant Logistics Group Inc. Stock Performance Analysis

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Performance Comparison

Short-term Returns

Stock1D1W1M3M6MYTD
Marten Transport, Ltd.-2.15%-1.77%14.50%51.11%51.23%55.20%
Covenant Logistics Group Inc.-1.41%0.63%30.76%79.38%93.90%100.94%

Long-term Returns

Stock1Y3Y5Y10Y15Y20Y
Marten Transport, Ltd.39.69%-16.20%11.48%131.04%227.80%245.90%
Covenant Logistics Group Inc.99.69%128.16%351.34%300.44%987.32%528.63%

Performance & Financial Health Analysis: Marten Transport, Ltd. vs Covenant Logistics Group Inc.

MetricMRTNCVLG
Market Information
Market Cap i$1.21B$782.63M
Market Cap CategorySmall capSmall cap
10 Day Avg. Volume i851,796153,297
90 Day Avg. Volume i808,939145,189
Last Close$17.77$44.81
52 Week Range$9.35 - $18.48$18.00 - $47.08
% from 52W High-3.84%-4.82%
All-Time High$23.43 (Aug 15, 2022)$47.08 (Jun 12, 2026)
% from All-Time High-24.16%-4.82%
Growth Metrics
Quarterly Revenue Growth-0.09%0.07%
Quarterly Earnings Growth-0.34%0.07%
Financial Health
Profit Margin (TTM) i0.02%0.01%
Operating Margin (TTM) i0.01%-0.02%
Return on Equity (TTM) i0.02%0.01%
Debt to Equity (MRQ) i0.0683.84
Cash & Liquidity
Book Value per Share (MRQ)$9.41$16.11
Cash per Share (MRQ)$0.53$0.20
Operating Cash Flow (TTM) i$93.49M$113.65M
Levered Free Cash Flow (TTM) i$-32,551,250$-66,872,752
Dividends
Last 12-Month Dividend Yield i2.28%1.06%
Last 12-Month Dividend i$0.30$0.28

Valuation & Enterprise Metrics Analysis: Marten Transport, Ltd. vs Covenant Logistics Group Inc.

MetricMRTN (Apr 24, 2026)CVLG (Apr 24, 2026)
Price Ratios
P/E Ratio (TTM) i70.52193.75
Forward P/E i32.7412.88
PEG Ratio i-2.47-0.51
Price to Sales (TTM) i1.370.67
Price to Book (MRQ) i1.571.92
Market Capitalization
Market Capitalization i$1.21B$782.63M
Enterprise Value i$1.16B$1.11B
Enterprise Value Metrics
Enterprise to Revenue i1.320.95
Enterprise to EBITDA i9.509.58
Risk & Other Metrics
Beta i0.841.16
Book Value per Share (MRQ) i$9.41$16.11

Financial Statements Comparison: Marten Transport, Ltd. vs Covenant Logistics Group Inc.

Financial Metrics

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Revenue

Operating Margin

Profit Margin

Long Term Debt

Income Flow Analysis

Financial Statements Comparison

Income Statement

MetricMRTN (2025)CVLG (2025)
Revenue/Sales i883.65M1.16B
Cost of Goods Sold i767.78M994.54M
COGS % of Revenue i86.9%85.4%
Gross Profit i115.87M169.93M
Gross Margin i13.1%14.6%
Research & Development iN/AN/A
Operating Income (EBIT) i10.85M20.47M
Operating Margin i1.2%1.8%
EBITDA i104.17M127.90M
EBITDA Margin i11.8%11.0%
Pre-Tax Income i24.38M5.59M
Pre-Tax Income % of Revenue i2.8%0.5%
Income Tax i6.93M1.18M
Income Tax % of Revenue i0.8%0.1%
Net Income (Profit) i17.44M7.24M
Profit Margin i2.0%0.6%

Balance Sheet & Liquidity Metrics

MetricMRTN (2025)CVLG (2025)
Cash & Equivalents i43.28M4.95M
Total Current Assets i171.70M232.82M
Total Current Assets % of Revenue i19.4%20.0%
Total Current Liabilities i92.23M209.98M
Total Current Liabilities % of Revenue i10.4%18.0%
Long-Term Debt i194,000261.67M
Long-Term Debt % of Revenue i0.0%22.5%
Total Shareholders Equity i767.63M404.00M
Retained Earnings i712.05M278.21M
Retained Earnings % of Revenue i80.6%23.9%
Property, Plant & Equipment i1.07B638.79M

Cash Flow Statement Comparison

MetricMRTN (2025)CVLG (2025)
Operating Cash Flow i111.62M104.90M
Operating Cash Flow % of Revenue i12.6%9.0%
Capital Expenditures i-42.83M-112.05M
Free Cash Flow i-51.07M-33.92M
FCF Margin i-5.8%-2.9%
Debt Repayment iN/A-164.72M
Common Stock Repurchase iN/A-36.57M

Short Interest & Institutional Ownership Analysis

MetricMRTNCVLG
Shares Short i1.55M566,960
Short Ratio i2.234.14
Short % of Float i4.29%3.31%
Shares Outstanding i81.54M25.07M
Float Shares i57.59M11.41M
% Held by Insiders i29.25%26.04%
% Held by Institutions i71.54%70.00%
% Held by Public i-0.79%3.96%

Dividend Analysis & Yield Comparison: Marten Transport, Ltd. vs Covenant Logistics Group Inc.

MetricMRTNCVLG
Last 12-Month Dividend i$0.30$0.28
Last 12-Month Dividend Yield i2.28%1.06%
3-Year Avg Annual Dividend i$0.26$0.18
3-Year Avg Dividend Yield i0.38%0.19%
3-Year Total Dividends i$0.78$0.54
Ex-Dividend DateMar 17, 2026Mar 06, 2026