Published on 24 Oct 2023 on Simply Wall St. via Yahoo Finance
It is hard to get excited after looking at Marten Transport's (NASDAQ:MRTN) recent performance, when its stock has declined 14% over the past three months. However, stock prices are usually driven by a company’s financials over the long term, which in this case look pretty respectable. Specifically, we decided to study Marten Transport's ROE in this article.
Return on equity or ROE is an important factor to be considered by a shareholder because it tells them how effectively their capital is being reinvested. Put another way, it reveals the company's success at turning shareholder investments into profits.
Check out our latest analysis for Marten Transport