Mullen Group Ltd.

Mullen Group Ltd.

MLLGF
Mullen Group Ltd.US flagOther OTC
16.02
USD
+0.21
- -
1.54BMarket Cap
2013 Y
2014 Y
2015 Y
2016 Y
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
TTM
Revenue per Share
16.01
15.63
13.25
10.44
10.98
12.09
12.2
11.57
15.38
21.42
22.18
22.64
24.16
23.63
Basic EPS, GAAP
1.6
1.04
0.15
0.52
0.63
-0.42
0.69
0.64
0.75
1.7
1.52
1.28
1.03
1.15
Free Cash Flow per Basic Share
0.9
1.34
1.51
1.55
1.05
0.36
0.91
1.59
1.35
1.94
1.95
2.56
2.38
2.57
Dividend per Share
1.34
1.2
1.2
0.61
0.36
0.58
0.6
0.35
0.47
0.66
0.72
0.76
0.84
0.82
Book Value per Share
9.89
9.74
8.67
9.55
9.41
8.46
8.51
8.45
8.91
10.1
10.49
11.18
12.53
11.24
Tangible Book Value per Share
6.84
6.69
4.72
5.91
5.65
5.59
5.73
5.76
4.48
5.44
5.75
6.04
5.66
4.23
Basic Weighted Avg Shares
90
91
92
99
104
104
105
101
96
93
90
88
88
88
Sales/Revenue/Turnover
1,437
1,428
1,214
1,035
1,138
1,261
1,279
1,164
1,477
1,999
1,995
1,989
2,134
2,069
Operating Margin (%)
14.92
13.98
11.13
9.25
7.52
8.05
6.99
9.96
8.28
10.87
10.64
10.12
7.93
8.93
Depreciation Expense
86
85
94
85
87
87
111
102
114
113
116
131
146
140
Net Income, GAAP
143
95
13
52
66
-44
72
64
72
159
137
112
91
100
Effective Tax Rate (%)
25.64
28.17
69.18
27.47
20.39
- -
9.85
25.72
24.54
24.78
25.35
26.99
23.96
26.46
Profit Margin (%)
9.97
6.63
1.1
5.03
5.75
-3.47
5.65
5.49
4.9
7.93
6.85
5.64
4.27
4.86
Working Capital
221
460
187
243
182
132
243
239
51
140
-119
281
304
133
LT Debt
425
705
709
559
457
482
606
596
638
668
422
954
1,009
937
Total Equity
900
901
807
960
990
898
918
896
889
973
975
1,017
1,140
1,017
Return on Invested Capital (%)
12.23
9.78
2.61
4.28
4.28
- -
5.49
5.69
5.9
9.83
9.25
7.85
6.12
6.58
Return on Capital (%)
12.77
8.9
1.55
4.77
5.66
- -
6.59
5.81
6.25
11.38
9.81
8
6.64
6.87
Return on Common Equity (%)
16.85
10.65
1.59
5.98
6.81
-4.71
8.14
7.34
8.49
17.64
14.5
11.66
8.72
10.33

Capital Structure

FRC

in mil. unless spec.
Dec'24
Mar'25
Jun'25
ST Debt
43
50
252
LT Borrowings
770
770
757
LT Finance Leases
184
175
179
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
88
87
87
Market Capitalization
1,282
1,110
1,235

Working Capital

FRC

in mil. unless spec.
Dec'24
Mar'25
Jun'25
Total Current Assets
494
515
596
Cash, Cash Equivalents & STI
126
131
177
Accounts Receivable, Net
256
256
276
Inventories
46
47
48
Total Current Liabilities
213
228
463
Payables & Accruals
169
178
211
ST Debt
43
50
252
Deferred Revenue
- -
- -
- -

Growth Rates

FRC

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
3.8%
5.06%
12.15%
Free Cash Flow
17.45%
7.89%
-6.41%
Net Income, GAAP
-4.64%
16.33%
-18.84%
Sales/Revenue/Turnover
6.74%
13.79%
7.26%
Total Cash Common Dividend
2.18%
16.51%
10.79%

Quarterly Revenue

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
463
496
532
499
1,989
2025
497
541
534
- -
2,134
2026
548
- -
- -
- -
- -

Quarterly Earnings Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.25
0.37
0.44
- -
1.28
2025
0.2
0.29
- -
- -
1.03
2026
0.22
- -
- -
- -
- -

Quarterly Dividends Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.18
0.18
0.19
- -
0.76
2025
0.21
0.21
- -
- -
0.84
2026
0.21
- -
- -
- -
- -

Company Description

APIChat
CEO
Murray Kenneth Mullen
Full Time Employees
8,070
Sector
Industrials
Industry
Trucking
Address
Chimney Rock Centre Okotoks AB Canada T1S 2N3
IPO Date
Jun 25, 2008
Business
Mullen Group Ltd. is a diversified transportation and logistics company that owns and operates a network of independent subsidiaries providing a wide range of services across North America. Founded in 1949 and headquartered in Okotoks, Alberta, Canada, the company operates through four primary segments: Less-Than-Truckload, Logistics & Warehousing, Specialized & Industrial Services, and U.S. & International Logistics; these include less-than-truckload and final-mile delivery of general freight such as ambient, temperature-controlled, and consumer goods via an extensive terminal network in Western Canada and Ontario; full truckload, specialized transportation, customs brokerage, freight forwarding, warehousing, e-commerce fulfillment centers, and transload facilities for intermodal and bulk shipments supported by proprietary technology platforms like Moveitonline and Haulistic; water management, fluid hauling, environmental reclamation, pipeline construction, civil construction, industrial cleaning, turnarounds, frac services, well testing, and dewatering for the energy, mining, forestry, construction, utility, and infrastructure sectors primarily in Western Canada; and third-party logistics, freight brokerage, and transportation management for goods movement in the United States and Mexico. Mullen Group serves shippers, energy and natural resource companies, and infrastructure developers with operations spanning Canada, the United States, and select international markets. In recent developments, the company completed the acquisition of Pacific Northwest Moving (Yukon) Limited (PNW Group) on December 1, 2024, enhancing its less-than-truckload operations in the Yukon Territory and Northern Alberta with temperature-controlled, dry van, deck, and last-mile delivery services; acquired Cole International Inc. and related entities (Cole Group) in early 2025, diversifying revenue through expanded customs brokerage and U.S. logistics offerings that contributed significant incremental revenue and operating income in the third quarter of 2025; closed a $325.0 million and US$50.0 million private placement on July 10, 2025, followed by prepayment of its October 2026 Notes and repayment of bank credit facilities; and closed the acquisition of ContainerWorld Forwarding Services Inc. in May 2024, bolstering freight forwarding capabilities.

Company News

APIChat
  • Gigapower Appoints Jonathan Mullen as Chief Administrative Officer and General Counsel

  • Mullen Group Ltd. Announces Declaration of Monthly Dividend

  • Mullen Group Ltd. Announces Election of Directors and Appointment of Officers

  • Mullen Group Ltd. (MTL:CA) Q1 2026 Earnings Call Transcript

  • Mullen Group Ltd. Acquisitions Continue to Drive Growth in the First Quarter of 2026

  • Mullen Group Ltd. Announces Declaration of Monthly Dividend

  • Mullen Group Ltd. 2026 First Quarter Earnings Conference Call and Webcast

  • Mullen Group Ltd. Announces Declaration of Monthly Dividend

  • Mullen Oilfield Services L.P. Launches Grande Prairie Service Centre Website - A new digital platform enhancing access to fleet maintenance and heavy-duty repair services in Grande Prairie, Alberta

  • Mullen Hospitality Management Appoints Javier Coll as President

  • Mullen Group Ltd. Announces Renewal of Normal Course Issuer Bid

  • Mullen Group Ltd. Announces Declaration of Monthly Dividend

  • Mullen Group Ltd. (MTL:CA) Q4 2025 Earnings Call Transcript

  • Mullen Group Ltd. Announces 2025 Fourth Quarter Financial Results and Filing of Disclosure Documents

  • Mullen Group Ltd. Announces Declaration of Monthly Dividend

  • Mullen Group Ltd. Announces 2026 Business Plan and 2025 Update

  • Mullen Group: A Spring-Loaded Recovery In A Broken Freight Market

  • Mullen Group Ltd. 2025 Year-End and Fourth Quarter Earnings Conference Call and Webcast

  • Mullen Group Ltd. Announces Declaration of Monthly Dividend

  • Mullen Group (OTCMKTS:MLLGF) Shares Cross Above 200 Day Moving Average – Should You Sell?