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Mullen Group Ltd.

Mullen Group Ltd.

MTL.TO
Mullen Group Ltd.CA flagToronto Stock Exchange
21.40
CAD
-0.03
- -
2.05BMarket Cap
Mullen Group Ltd.
MTL.TO
(Toronto Stock Exchange)

Recent

price

21.40

P/E

ratio

- -

div

yld

- -

ROIC.AI

2010
2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
TTM
FRC
13.09
17.37
17.21
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
- -
Revenue per Share
1
1.5
1.58
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
- -
Basic EPS, GAAP
0.88
1.68
1.89
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
- -
Free Cash Flow per Basic Share
0.5
0.87
1
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
- -
Dividend per Share
-6.79
8.61
9.8
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
- -
Book Value per Share
4.61
4.93
6.44
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
- -
Tangible Book Value per Share
79
80
83
90
91
92
99
104
104
105
101
96
93
90
88
88
- -
Basic Weighted Avg Shares
1,039
1,387
1,428
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
Sales/Revenue/Turnover
12
14.93
14.72
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
Operating Margin (%)
76
81
84
86
85
94
85
87
87
111
102
114
113
116
131
146
140
Depreciation Expense
79
119
131
143
95
13
52
66
-44
72
64
72
159
137
112
91
100
Net Income, GAAP
24.93
24.98
25.52
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
Effective Tax Rate (%)
7.63
8.61
9.17
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
Profit Margin (%)
237
216
238
221
460
187
243
182
132
243
239
51
140
-119
281
304
133
Working Capital
397
503
433
425
705
709
559
457
482
606
596
638
668
422
954
1,009
937
LT Debt
635
704
827
900
901
807
960
990
898
918
896
889
973
975
1,017
1,140
1,017
Total Equity
6.75
13.74
12.51
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 Invested Capital (%)
60.75
27.87
12.78
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 Capital (%)
- -
- -
17.45
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
Return on Common Equity (%)

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
- -
- -
- -

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
- -
- -
- -
- -
1.28
2025
- -
- -
- -
- -
1.03
2026
0.22
- -
- -
- -
- -

Quarterly Dividends Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
0.76
2025
- -
- -
- -
- -
0.84
2026
0.21
- -
- -
- -
- -
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Business
Mullen Group Ltd. (TSX:MTL) operates as one of Canada's largest logistics providers, offering a wide range of transportation, warehousing, distribution, and specialized industrial services across North America through a network of independently operated businesses headquartered in Okotoks, Alberta; founded in 1949, the company went public in 1993 and divides its operations into four segments: Less-Than-Truckload, Logistics & Warehousing, Specialized & Industrial Services, and U.S. & International Logistics. Its core offerings include less-than-truckload and truckload transportation; third-party logistics and customs brokerage; warehousing, transload, and oversized hauling; as well as specialized services for energy, mining, forestry, construction, and infrastructure sectors such as water management, fluid hauling, environmental reclamation, pipeline and civil construction, industrial cleaning and turnarounds, dewatering, pump solutions, oilfield production services including rig moving and heavy crude transport, drilling-related fluid handling, and equipment maintenance through subsidiaries like Cascade Energy Services L.P., Canadian Dewatering L.P., Premay Equipment L.P., E-Can Oilfield Services L.P., and others. The company serves diverse customers including oil and natural gas producers, manufacturers, retailers, and municipalities primarily in western Canada and the United States. Mullen Group continues its long-standing acquisition strategy, having completed over 87 deals since inception including the December 2024 purchase of Pacific Northwest Moving (Yukon) Limited (PNW Group) to bolster less-than-truckload operations in Yukon Territory and northern Alberta, and the integration of Cole International Inc. (Cole Group) whose Canadian and U.S. operations contributed significant incremental revenue and OIBDA in Q3 2025; in July 2025, it closed a private placement of $325.0 million and US$50.0 million in new debt to refinance October 2026 notes and repay bank facilities, supporting ongoing growth amid weak private capital investment and economic challenges in Canada.

Company News

APIChatGPT

  • globenewswire.com

    Mullen Group Ltd. Announces Declaration of Monthly Dividend