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Mullen Group (TSX:MTL) EBIT : C$202 Mil (TTM As of Dec. 2024)


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What is Mullen Group EBIT?

Mullen Group's earnings before interest and taxes (EBIT) for the three months ended in Dec. 2024 was C$46 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2024 was C$202 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Mullen Group's annualized ROC % for the quarter that ended in Dec. 2024 was 6.11%. Mullen Group's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2024 was 13.00%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Mullen Group's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2024 was 10.13%.


Mullen Group EBIT Historical Data

The historical data trend for Mullen Group's EBIT 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.

* Premium members only.

Mullen Group EBIT Chart

Mullen Group Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only 116.02 126.80 246.32 220.99 202.08

Mullen Group Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
EBIT Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 52.13 38.97 53.96 62.75 46.40

Competitive Comparison of Mullen Group's EBIT

For the Trucking subindustry, Mullen Group's EV-to-EBIT, along with its competitors' market caps and EV-to-EBIT 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's EV-to-EBIT Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Mullen Group's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Mullen Group's EV-to-EBIT falls into.



Mullen Group EBIT Calculation

EBIT, sometimes also called Earnings Before Interest and Taxes, is a measure of a firm's profit that includes all expenses except interest and income tax expenses. It is the difference between operating revenues and operating expenses. When a firm does not have non-operating income, then Operating Income is sometimes used as a synonym for EBIT and operating profit.

EBIT for the trailing twelve months (TTM) ended in Dec. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was C$202 Mil.

* 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.


Mullen Group  (TSX:MTL) EBIT Explanation

1. EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition.

Mullen Group's annualized ROC % for the quarter that ended in Dec. 2024 is calculated as:

ROC % (Q: Dec. 2024 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Sep. 2024 ) + Invested Capital (Q: Dec. 2024 ))/ count )
=198.092 * ( 1 - 36.36% )/( (2088.848 + 2036.72)/ 2 )
=126.0657488/2062.784
=6.11 %

where

Invested Capital(Q: Sep. 2024 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
=2574.608 - 188.918 - ( 344.409 - max(0, 476.683 - 773.525+344.409))
=2088.848

Invested Capital(Q: Dec. 2024 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
=2332.488 - 169.482 - ( 126.286 - max(0, 212.94 - 494.425+126.286))
=2036.72

Note: The Operating Income data used here is four times the quarterly (Dec. 2024) data.

2. Joel Greenblatt's definition of Return on Capital:

Mullen Group's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2024 is calculated as:

ROC (Joel Greenblatt) %(Q: Dec. 2024 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Sep. 2024  Q: Dec. 2024
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=185.588/( ( (1248.992 + max(187.373, 0)) + (1263.832 + max(155.269, 0)) )/ 2 )
=185.588/( ( 1436.365 + 1419.101 )/ 2 )
=185.588/1427.733
=13.00 %

where Working Capital is:

Working Capital(Q: Sep. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(269.776 + 47.094 + 59.421) - (188.918 + 0 + 0)
=187.373

Working Capital(Q: Dec. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(256.404 + 45.735 + 22.612) - (169.482 + 0 + 0)
=155.269

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Dec. 2024) EBIT data.

3. It is also linked to Joel Greenblatt's definition of Earnings Yield:

Mullen Group's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Dec. 2024 )
=202.081/1994.388
=10.13 %

* 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.


Mullen Group EBIT Related Terms

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Mullen Group Business Description

Traded in Other Exchanges
Address
121A 31 Southridge Drive, Okotoks, AB, CAN, T1S 2N3
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.
Executives
Jamil Murji Director
Joanna Kathryn Scott Senior Officer
Laura Marie Hartwell Director
Benoit Durand Director
Murray Kenneth Mullen Director, Senior Officer
Carson Paul Urlacher Senior Officer
Richard James Maloney Senior Officer
Richard Fredrick Whitley Director
Philip Scherman Director
Christine Ellen Mcginley Director
Peter W. Stephen Clark Senior Officer
Greg Bay Director
David Edward Mullen Director
Sonia Gae Tibbatts Director

Mullen Group Headlines