$Marten Transport (MRTN.US)$🎯 As of August 1, 2023, the cur...

New data: the last three quarters of 2022 and the first half of 2023.

In 2022, revenue surged by 29.8%, the 5-year average growth rate increased to 12.6%, operating profit increased by 36.2%, the 5-year average growth rate was 20.4%, net income increased by 29.2% in 2022, with a recent 3-year average growth rate of 21.7%. No interest expenses.

In the first half of 2023, revenue shrank by 5.4%, operating profit significantly declined by 28.2% due to the decline in gross margin and increase in expenses, net income decreased by 2%.

The balance sheet is very healthy, with no long-term loans.

For the past 5 years, the operating cash flow slightly exceeded the investment net amount, with certain shareholder surplus.

Currently, the pe ratio is 16.4, the pe ratio TTM has slightly increased to 18.8. Although it seems to have entered a decline cycle, the balance sheet is very healthy, and the long-term growth seems to offset some of the cyclic impact, no adjustments are made for now.