Marti Technologies, Inc. (MRT) Key Metrics
MRT valuation today
Trailing 12 months · as of October 17, 2026- Market cap
- $158.5M
- Enterprise value
- $266.0M
- P/E (TTM)
- —
- Forward P/E
- 49.5
- PEG ratio
- —
- Price / sales
- 2.6 10-yr median 10.7
- Price / book
- —
- EV / EBITDA
- 17.4
- Dividend yield
- —
- Beta
- 0.37
MRT key metrics, 2020–2025
Fiscal year ended December 31, 2025 · U.S. dollarsMRT valuation Price multiples at each fiscal year-end price.
MRT returns How much profit the business earns on the capital it uses.
MRT per-share figures Results divided by the shares outstanding at year-end.
MRT financial health Debt, liquidity and how easily interest is covered.
MRT efficiency & capital use Working capital cycle and where the cash goes.
MRT valuation history
MRT returns on capital
Net income (ROE, ROA) or after-tax operating income (ROIC) divided by the average of the opening and closing balance.
MRT debt vs cash
Debt includes short- and long-term borrowings and, where reported, lease liabilities.
MRT cash returned to shareholders
MRT price vs earnings per share
MRT key metrics
2020–2025| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|
| Valuation | ||||||
| Market capitalization | $186.5M | $199.9M | $32.9M | $449.9M | $338.7M | — |
| Enterprise value | $265.3M | $270.0M | $79.4M | $465.9M | $339.8M | — |
| Price / sales | 4.8 | 10.7 | 1.6 | 18.0 | 19.9 | — |
| Price / book | — | — | — | 59.2 | 16.5 | — |
| EV / sales | 6.8 | 14.5 | 4.0 | 18.6 | 20.0 | — |
| Earnings yield | −22.2% | −37.0% | −102.9% | −0.2% | −4.3% | — |
| Free cash flow yield | −8.2% | −13.1% | −59.9% | −3.0% | −8.0% | — |
| Shareholder yield (dividends + buybacks) | 0.2% | 0.0% | 4.0% | 0.0% | 0.0% | — |
| Share price at fiscal year-end | $2.37 | $3.39 | $0.65 | $10.20 | $9.89 | — |
| Per share | ||||||
| Revenue per share | $0.50 | $0.32 | $0.40 | $0.57 | $0.50 | $0.20 |
| Earnings per share | −$0.53 | −$1.25 | −$0.67 | −$0.02 | −$0.42 | −$0.10 |
| Operating cash flow per share | −$0.19 | −$0.43 | −$0.29 | −$0.12 | −$0.12 | $0.04 |
| Free cash flow per share | −$0.19 | −$0.44 | −$0.39 | −$0.31 | −$0.79 | −$0.32 |
| Cash per share | $0.10 | $0.09 | $0.38 | $0.24 | $0.39 | $0.07 |
| Book value per share | −$0.85 | −$1.04 | −$0.65 | $0.17 | $0.60 | $0.06 |
| Tangible book value per share | −$0.86 | −$1.05 | −$0.65 | $0.17 | $0.60 | $0.05 |
| Capex per share | $0.01 | $0.02 | $0.10 | $0.19 | $0.67 | $0.36 |
| Debt per share | $1.10 | $1.28 | $1.30 | $0.60 | $0.42 | $0.19 |
| Shares outstanding | 78.7M | 59.0M | 50.6M | 44.1M | 34.2M | 48.6M |
| Change in shares outstanding | +33.5% | +16.6% | +14.7% | +28.8% | −29.5% | — |
| Returns & profitability | ||||||
| Return on equity (ROE) | — | — | — | −6.0% | −124.7% | −172.4% |
| Return on invested capital (ROIC) | −155.6% | −446.0% | −119.4% | −2.9% | −46.9% | −36.2% |
| Return on assets (ROA) | −165.2% | −243.9% | −83.4% | −2.1% | −55.0% | −33.9% |
| Return on tangible assets | −140.7% | −373.3% | −84.5% | −2.1% | −37.2% | −34.0% |
| Free cash flow margin | −38.9% | −140.0% | −98.4% | −54.7% | −158.4% | −159.9% |
| Financial health | ||||||
| Total debt | $86.6M | $75.2M | $65.9M | $26.5M | $14.3M | $9.4M |
| Cash & short-term investments | $7.8M | $5.1M | $19.4M | $10.5M | $13.2M | $3.5M |
| Net debt | $78.8M | $70.1M | $46.5M | $16.0M | $1.1M | $5.9M |
| Debt / equity | — | — | — | 3.49 | 0.70 | 3.52 |
| Debt / assets | 2.90 | 3.69 | 1.64 | 0.65 | 0.37 | 0.69 |
| Net debt / EBITDA | — | — | — | — | — | 5.90 |
| Current ratio | 0.97 | 1.69 | 1.47 | 1.29 | 1.73 | 0.53 |
| Quick ratio | 0.83 | 1.39 | 1.32 | 1.08 | 1.64 | 0.52 |
| Interest coverage | -1.3 | -6.4 | -4.2 | -0.4 | -14.7 | -15.0 |
| Working capital | −$449,000 | $4.7M | $8.2M | $4.6M | $7.6M | −$5.0M |
| Invested capital | $11.7M | $8.7M | $13.8M | $23.6M | $21.6M | $8.6M |
| Tangible asset value | −$67.4M | −$62.0M | −$32.9M | $7.4M | $20.5M | $2.7M |
| Net current asset value | −$83.0M | −$70.4M | −$47.2M | −$12.8M | −$495,840 | −$5.4M |
| Graham net-net per share | −$1.11 | −$1.26 | −$1.00 | −$0.37 | −$0.07 | −$0.13 |
| Capital allocation | ||||||
| Share buybacks (net) | $368,000 | $89,970 | $1.3M | $0 | $0 | — |
| Capex / revenue | 1.2% | 5.6% | 24.2% | 32.8% | 134.7% | 181.4% |
| Capex / operating cash flow | — | — | — | — | — | 845.1% |
| Capex / depreciation | 0.14 | 0.12 | 0.48 | 0.90 | 4.18 | 3.30 |
| Stock-based compensation / revenue | 28.7% | 191.1% | 9.9% | 6.7% | 5.1% | 6.6% |
| R&D / revenue | 7.7% | 10.5% | 9.8% | 7.5% | 6.1% | 5.5% |
| SG&A / revenue | 51.1% | 73.5% | 63.2% | 11.8% | 20.2% | 32.1% |
| Efficiency | ||||||
| Days sales outstanding | 9.7 | 39.3 | 77.8 | 67.5 | 48.3 | 51.0 |
| Days of inventory on hand | 20.6 | 12.9 | 33.0 | 28.3 | 8.6 | 2.9 |
| Days payables outstanding | 29.4 | 12.3 | 35.4 | 46.8 | 43.3 | 53.9 |
| Cash conversion cycle (days) | 0.9 | 39.8 | 75.5 | 49.0 | 13.6 | 0.0 |
| Receivables turnover | 37.74 | 9.29 | 4.69 | 5.41 | 7.55 | 7.16 |
| Payables turnover | 12.43 | 29.62 | 10.32 | 7.81 | 8.43 | 6.77 |
| Inventory turnover | 17.71 | 28.38 | 11.06 | 12.90 | 42.67 | 125.35 |
| Asset turnover | 1.56 | 0.62 | 0.49 | 0.63 | 0.65 | 0.72 |
| Average receivables | $1.0M | $2.0M | $4.3M | $4.6M | $2.3M | $1.4M |
| Average payables | $2.9M | $2.2M | $3.2M | $3.5M | $2.4M | $1.4M |
| Average inventory | $2.0M | $2.3M | $3.0M | $2.1M | $471,326 | $75,936 |
| Intangibles / total assets | 1.2% | 2.9% | 0.5% | 0.4% | 0.1% | 0.1% |
Computed from MRT's annual financial statements (latest annual report filed April 13, 2026) and the closing share price on each fiscal year-end, adjusted for stock splits. Figures in U.S. dollars; data from EODHD. Averages use the opening and closing balance of each year.
MRT valuation and financial ratios
Marti Technologies earned a return on invested capital of −155.6% in fiscal 2025. It ended the year with $86.6 million of debt and $7.8 million in cash and short-term investments, net debt of $78.8 million. It returned $0.4 million to shareholders: $0 in dividends and $0.4 million in share buybacks. The share count rose 62.0% from 48.6M to 78.7M over 5 years.
See the MRT income statement, the MRT chart for price history, or the MRT stock overview for the latest quote and news.
MRT key metrics FAQ
What is Marti Technologies's ROIC?
Marti Technologies's return on invested capital was −155.6% in fiscal 2025, using after-tax operating income divided by average debt plus equity minus cash.
How much debt does Marti Technologies have?
Marti Technologies had total debt of $86.6 million at the end of fiscal 2025.
Does Marti Technologies buy back its shares?
Yes. Marti Technologies spent $0.4 million on net share repurchases in fiscal 2025 Shares outstanding changed +33.5% over the year, to 78.7M..
What is Marti Technologies's free cash flow yield?
Marti Technologies generated -$15.3 million of free cash flow in fiscal 2025, a free cash flow yield of −8.2% on its market value at year-end ($186.5 million).
What is Marti Technologies's current ratio?
Marti Technologies's current ratio was 0.97 at the end of fiscal 2025: current assets were 0.97 times current liabilities.