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MTL logo

Mullen Group TSX:MTL Stock Report

Last Price

CA$13.06

Market Cap

CA$1.1b

7D

3.9%

1Y

-0.3%

Updated

27 Apr, 2025

Data

Company Financials +

Community vs My Fair Value

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Mullen Group Ltd. Competitors

Price History & Performance

Summary of share price highs, lows and changes for Mullen Group
Historical stock prices
Current Share PriceCA$13.06
52 Week HighCA$16.06
52 Week LowCA$11.81
Beta1.44
1 Month Change3.00%
3 Month Change-12.47%
1 Year Change-0.31%
3 Year Change6.27%
5 Year Change137.89%
Change since IPO770.67%

Recent News & Updates

Recent updates

author-image

M&A Strategy And US 3PL Expansion Will Drive Future Success

Feb 20 Mullen Group's strategic acquisitions and focus on the 3PL market aim to drive revenue growth despite macro challenges.

Insufficient Growth At Mullen Group Ltd. (TSE:MTL) Hampers Share Price

Feb 14
Insufficient Growth At Mullen Group Ltd. (TSE:MTL) Hampers Share Price

Mullen Group (TSE:MTL) Has Announced A Dividend Of CA$0.06

May 28
Mullen Group (TSE:MTL) Has Announced A Dividend Of CA$0.06

Mullen Group (TSE:MTL) Has Affirmed Its Dividend Of CA$0.06

Mar 24
Mullen Group (TSE:MTL) Has Affirmed Its Dividend Of CA$0.06

Mullen Group's (TSE:MTL) Dividend Will Be CA$0.06

Feb 26
Mullen Group's (TSE:MTL) Dividend Will Be CA$0.06

Mullen Group Ltd. (TSE:MTL) Just Released Its Full-Year Earnings: Here's What Analysts Think

Feb 18
Mullen Group Ltd. (TSE:MTL) Just Released Its Full-Year Earnings: Here's What Analysts Think

Mullen Group (TSE:MTL) Will Pay A Dividend Of CA$0.06

Jan 28
Mullen Group (TSE:MTL) Will Pay A Dividend Of CA$0.06

Mullen Group (TSE:MTL) Is Experiencing Growth In Returns On Capital

Dec 15
Mullen Group (TSE:MTL) Is Experiencing Growth In Returns On Capital

Mullen Group (TSE:MTL) Is Due To Pay A Dividend Of CA$0.06

Nov 28
Mullen Group (TSE:MTL) Is Due To Pay A Dividend Of CA$0.06

Mullen Group (TSE:MTL) Has Affirmed Its Dividend Of CA$0.06

Sep 26
Mullen Group (TSE:MTL) Has Affirmed Its Dividend Of CA$0.06

Mullen Group (TSE:MTL) Will Pay A Dividend Of CA$0.06

Aug 27
Mullen Group (TSE:MTL) Will Pay A Dividend Of CA$0.06

Should You Be Adding Mullen Group (TSE:MTL) To Your Watchlist Today?

Aug 22
Should You Be Adding Mullen Group (TSE:MTL) To Your Watchlist Today?

Mullen Group's (TSE:MTL) Dividend Will Be CA$0.06

Jul 21
Mullen Group's (TSE:MTL) Dividend Will Be CA$0.06

Mullen Group (TSE:MTL) Has Affirmed Its Dividend Of CA$0.06

Jun 27
Mullen Group (TSE:MTL) Has Affirmed Its Dividend Of CA$0.06

Mullen Group (TSE:MTL) Has A Pretty Healthy Balance Sheet

Jun 14
Mullen Group (TSE:MTL) Has A Pretty Healthy Balance Sheet

An Intrinsic Calculation For Mullen Group Ltd. (TSE:MTL) Suggests It's 40% Undervalued

Apr 27
An Intrinsic Calculation For Mullen Group Ltd. (TSE:MTL) Suggests It's 40% Undervalued

Mullen Group (TSE:MTL) Will Pay A Dividend Of CA$0.06

Mar 28
Mullen Group (TSE:MTL) Will Pay A Dividend Of CA$0.06

Mullen Group (TSE:MTL) Is Paying Out A Dividend Of CA$0.06

Feb 25
Mullen Group (TSE:MTL) Is Paying Out A Dividend Of CA$0.06

Mullen Group (TSE:MTL) Has Announced A Dividend Of CA$0.06

Jan 27
Mullen Group (TSE:MTL) Has Announced A Dividend Of CA$0.06

Mullen Group (TSE:MTL) Has A Pretty Healthy Balance Sheet

Jan 10
Mullen Group (TSE:MTL) Has A Pretty Healthy Balance Sheet

Mullen Group (TSE:MTL) Shareholders Will Want The ROCE Trajectory To Continue

Nov 25
Mullen Group (TSE:MTL) Shareholders Will Want The ROCE Trajectory To Continue

Shareholder Returns

MTLCA TransportationCA Market
7D3.9%-0.1%1.9%
1Y-0.3%-8.9%10.4%

Return vs Industry: MTL exceeded the Canadian Transportation industry which returned -9.2% over the past year.

Return vs Market: MTL underperformed the Canadian Market which returned 10.3% over the past year.

Price Volatility

Is MTL's price volatile compared to industry and market?
MTL volatility
MTL Average Weekly Movement4.5%
Transportation Industry Average Movement7.9%
Market Average Movement9.6%
10% most volatile stocks in CA Market17.9%
10% least volatile stocks in CA Market4.1%

Stable Share Price: MTL has not had significant price volatility in the past 3 months compared to the Canadian market.

Volatility Over Time: MTL's weekly volatility (4%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
19498,070Murray Mullenwww.mullen-group.com

Mullen Group Ltd. provides a range of trucking and logistics services in Canada and the United States. It operates through four segments: Less-Than-Truckload, Logistics & Warehousing, Specialized & Industrial Services, and U.S. & International Logistics. The Less-Than-Truckload segment delivers general freight, such as smaller shipments, packages, and parcels; and pharmaceutical and package products.

Mullen Group Ltd. Fundamentals Summary

How do Mullen Group's earnings and revenue compare to its market cap?
MTL fundamental statistics
Market capCA$1.14b
Earnings (TTM)CA$107.77m
Revenue (TTM)CA$2.02b

10.6x

P/E Ratio

0.6x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
MTL income statement (TTM)
RevenueCA$2.02b
Cost of RevenueCA$1.41b
Gross ProfitCA$613.10m
Other ExpensesCA$505.33m
EarningsCA$107.77m

Last Reported Earnings

Mar 31, 2025

Next Earnings Date

n/a

Earnings per share (EPS)1.23
Gross Margin30.29%
Net Profit Margin5.33%
Debt/Equity Ratio76.8%

How did MTL perform over the long term?

See historical performance and comparison

Dividends

6.4%

Current Dividend Yield

65%

Payout Ratio

Does MTL pay a reliable dividends?

See MTL dividend history and benchmarks
When do you need to buy MTL by to receive an upcoming dividend?
Mullen Group dividend dates
Ex Dividend DateApr 30 2025
Dividend Pay DateMay 15 2025
Days until Ex dividend3 days
Days until Dividend pay date18 days

Does MTL pay a reliable dividends?

See MTL dividend history and benchmarks

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/04/27 02:16
End of Day Share Price 2025/04/25 00:00
Earnings2025/03/31
Annual Earnings2024/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Mullen Group Ltd. is covered by 20 analysts. 10 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Trevor ReynoldsAcumen Capital Finance Partners Limited
Dana BennerATB Capital Markets
John GibsonBMO Capital Markets Equity Research