Shares outstanding are shares that have been authorized, issued, and purchased by investors and are held by them. Mullen Group's shares outstanding for the quarter that ended in Mar. 2026 was 96 Mil.
Mullen Group's quarterly shares outstanding
increased
from Dec. 2025 (96 Mil) to Mar. 2026 (96 Mil).
It means Mullen Groupissued new shares from Dec. 2025 to Mar. 2026 .
Mullen Group's annual shares outstanding
increased
from Dec. 2024 (88 Mil) to Dec. 2025 (96 Mil).
It means Mullen Groupissued new shares from Dec. 2024 to Dec. 2025 .
Mullen Group (OTCPK:MLLGF) Shares Outstanding (EOP) Explanation
A company may buy back shares or issue shares in any fiscal period. If a company buys back shares, we should observe that the total number of shares decline. If the company issues new shares, the number of shares outstanding increases.
Usually the presence of treasury shares and a history of buyback are good indicators that company has competitive advantage. But studies have shown that companies usually buy back at wrong time. Buying back shares below its intrinsic value increases value for remaining shareholders. Buying back overvalued shares destroys value for existing shareholders.
Be Aware
Warren Buffett looks for consistency and upward long term trend. Because of share repurchase it is possible for net earnings trend to differ from EPS trend. He preferred net income over EPS. The companies with durable competitive advantage companies report higher % net earnings to total revenues.
Important: If a company is showing net earnings history greater than 20% on total revenues, it is probably benefiting from a long term competitive advantage.
If net earnings is less than 10%, likely to be in a highly competitive business.
Mullen Group Shares Outstanding (EOP) Related Terms
Mullen Group Shares Outstanding (EOP) Historical Data
* Premium members only.
The historical data trend for Mullen Group's Shares Outstanding (EOP) can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
MLLGF vs ODFL, XPO, SAIA: Shares Outstanding (EOP) Comparison
For the Trucking subindustry, Mullen Group's Shares Outstanding (EOP), along with its competitors' market caps and Shares Outstanding (EOP) data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Mullen Group Shares Outstanding (EOP) vs Transportation Industry
For the Transportation industry and Industrials sector, Mullen Group's Shares Outstanding (EOP) distribution charts can be found below:
* The bar in red indicates where Mullen Group's Shares Outstanding (EOP) falls into.
Shares outstanding are shares that have been authorized, issued, and purchased by investors and are held by them. They have voting rights and represent ownership in the corporation by the person that holds the shares. They should be distinguished from treasury shares, which are shares held by the corporation itself, having no exercisable rights.
Shares outstanding can be calculated as either basic or fully diluted. The fully diluted shares outstanding count includes diluting securities, such as options, warrants or convertibles.
What does a Shares Outstanding (EOP) of 96 Mil mean?
Mullen Group (MLLGF) has a Shares Outstanding (EOP) of 96 Mil as of Mar. 2026. The total shares a company has outstanding, at period-end. View historical data on Mullen Group and its competitors.
Is Mullen Group's Shares Outstanding (EOP) too high?
Mullen Group's current Shares Outstanding (EOP) is 96 Mil. Overall, Mullen Group has a GF Score™ of 78/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Mullen Group's Shares Outstanding (EOP) compare to ODFL and XPO?
Mullen Group's Shares Outstanding (EOP) of 96 Mil can be compared against companies in the Transportation industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Shares Outstanding (EOP) for a Transportation company?
A good Shares Outstanding (EOP) depends on the Transportation industry context. However, Shares Outstanding (EOP) should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Shares Outstanding (EOP) mean?
A high Shares Outstanding (EOP) can signal that a stock is expensive relative to its fundamentals. The total shares a company has outstanding, at period-end. View historical data on Mullen Group and its competitors. Mullen Group's current Shares Outstanding (EOP) is 96 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Mullen Group stock overvalued right now?
Based on GuruFocus' analysis, Mullen Group (MLLGF) is currently considered Significantly Overvalued. The stock's GF Value™ is $11.58, compared to a current price of $15.37 — trading 32.8% above its estimated fair value. The current Shares Outstanding (EOP) is 96 Mil. Mullen Group's overall GF Score™ is 78/100 with 10 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Shares Outstanding (EOP) calculated?
Shares Outstanding (EOP) is calculated from a company's financial statements. For Mullen Group (MLLGF), the current Shares Outstanding (EOP) is 96 Mil as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Mullen Group (MLLGF) Overvalued in 2026?
Based on GuruFocus' analysis, Mullen Group stock appears to be overvalued.
The current stock price of $15.37 is trading 32.8% above its estimated GF Value™ of $11.58.
GuruFocus considers Mullen Group to be Significantly Overvalued.
Key valuation signals for MLLGF:
Shares Outstanding (EOP): 96 Mil
GF Value™: $11.58 vs. price of $15.37 (32.8% above fair value)
No single metric tells the full story. See the MLLGF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Mullen Group Ltd is a logistics provider with a network of independently operated businesses providing a wide range of service offerings, including less-than-truckload, truckload, Specialized & Industrial Services, warehousing and logistics, U.S. and International Logistics, and Corporate. The segments of the company are Less-Than-Truckload, Logistics and Warehousing, Specialized and Industrial Services, U.S. and International Logistics, and Corporate segment. The company derives the majority of its revenue from the Less-Than-Truckload segment and geographical revenue from Canada. The company also provides a diverse set of specialized services related to the energy, mining, forestry, and construction industries in western Canada.
78GF Score
Get the complete analysis for MLLGF
Shares Outstanding (EOP) is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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