Marti Technologies MRT
NYSE MRT
$2.00 -0.28 (-12.28%)
At close: Sep 4, 2026 · 4:00 PM EDT

Marti Technologies (MRT) Interest Coverage Ratio (2021 - 2026)

Marti Technologies (MRT) posted Interest Coverage Ratio of 0.03 for Q2 2026, down 96.69% on a QoQ basis from 0.78 in Q1 2026, and down 99.04% year-over-year from 2.69 in Q2 2025.

Analysis

Marti Technologies (MRT) Interest Coverage Ratio (2021 - 2026) Analysis & Trends

Marti Technologies has reported Interest Coverage Ratio for 6 years, with the latest figure at 0.03 in Q2 2026.

  • On a quarterly basis, Interest Coverage Ratio fell 99.04% year-over-year to 0.03 in Q2 2026; TTM through Jun 2026 was 1.75, a 85.4% decrease from a year earlier, with the FY2025 full-year figure at 3.04, down 85.8% from the prior year.
  • Interest Coverage Ratio was 0.03 for Q2 2026 at Marti Technologies, down from 0.78 in the prior quarter.
  • The five-year high for Interest Coverage Ratio was 37.3 in Q4 2022, with the low at 8.68 in Q4 2023.
  • Average Interest Coverage Ratio over 5 years is 9.9, with a median of 4.97 recorded in 2025.
  • The sharpest annual moves came in 2022 and 2026: Interest Coverage Ratio surged 263.36% in 2022, then plunged 99.04% in 2026.
  • Over 5 years, Interest Coverage Ratio stood at 37.3 in 2022, then tumbled by 70.42% to 11.03 in 2023, then soared by 93.72% to 21.37 in 2024, then tumbled by 85.8% to 3.04 in 2025, then plunged by 99.15% to 0.03 in 2026.
  • The last three Interest Coverage Ratio figures came in at 0.03 (Q2 2026), 0.78 (Q1 2026), and 3.04 (Q4 2025), per Business Quant data.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Interest Cover (Qtr)
1 Uber Technologies 154.57 Bn 149.36 Bn 6.38 Bn 14.88
2 DoorDash 91.73 Bn 86.40 Bn 2.35 Bn -
3 Grab Holdings 14.00 Bn 10.27 Bn 435.00 Mn -0.70
4 Lyft 6.33 Bn 4.53 Bn 917.12 Mn 8.69
5 Marti Technologies 172.09 Mn 159.58 Mn 15.30 Mn 0.03
6 Ryde 87.58 Mn 87.58 Mn - -1,182.00
7 Swvl Holdings 49.12 Mn 41.74 Mn - -
8 Scientific Energy 7.90 Mn -601,872.18 7.63 Mn -
9 Pony 689,999.98 680,158.98 3,440.00 -
10 Freight Technologies 121,194.63 -225,523.37 373,200.00 7.86
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 0.03
Mar 31, 2026 0.78
Dec 31, 2025 3.04
Jun 30, 2025 2.69
Mar 31, 2025 4.97
Dec 31, 2024 21.37
Jun 30, 2024 11.39
Dec 31, 2023 11.03
Oct 13, 2023 -8.68
Jun 30, 2023 24.96
Dec 31, 2022 37.30
Dec 31, 2021 10.26