Mullen GroupMLLGF 78 Gross Margin % is 21.80% as of Mar. 2026, which is 5% below its 10-year median of 22.91. GuruFocus rates MLLGF with a GF Score™ of 78/100 and a GF Value™ of $11.58 (Significantly Overvalued). The stock has 10 warning signs investors should review. Among 985 Transportation companies, Mullen Group ranks better than 55.13% on this metric.
The historical rank and industry rank for Mullen Group's Gross Margin % or its related term are showing as below:
MLLGF'
s Gross Margin % Range Over the Past 10 Years
Min: 20.11 Med: 22.91 Max: 23.76
Current: 23.14
During the past 13 years, the highestGross Margin % of Mullen Group was 23.76%. The lowest was 20.11%. And the median was 22.91%.
MLLGF's Gross Margin % is ranked better than 55.13% of 985
companies
in the Transportation industry
Industry Median: 20.42
vs MLLGF: 23.14
Mullen Group had a gross margin of 21.80% for the quarter that ended in Mar. 2026 => Competition eroding margins
The 5-Year average Growth Rate of Gross Margin for Mullen Group was 1.40% per year.
Mullen Group (OTCPK:MLLGF) Gross Margin % Explanation
Warren Buffett believes that firms with excellent long term economics tend to have consistently higher margins.
Durable competitive advantage creates a high Gross Margin % because of the freedom to price in excess of cost. Companies can be categorized by their Gross Margin %
1. Greater than 40% = Durable competitive advantage
2. Less than 40% = Competition eroding margins
3. Less than 20% = no sustainable competitive advantage
Consistency of Gross Margin is key
Mullen Group had a gross margin of 21.80% for the quarter that ended in Mar. 2026 => Competition eroding margins
Be Aware
If a company loses its competitive advantages, usually its gross margin declines well before its sales declines. Watching Gross Margin % and Operating Margin % closely helps avoid value trap situations.
Mullen Group Gross Margin % Related Terms
Mullen Group Gross Margin % Historical Data
* Premium members only.
The historical data trend for Mullen Group's Gross Margin % 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: Gross Margin % Comparison
For the Trucking subindustry, Mullen Group's Gross Margin %, along with its competitors' market caps and Gross Margin % 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 Gross Margin % vs Transportation Industry
For the Transportation industry and Industrials sector, Mullen Group's Gross Margin % distribution charts can be found below:
* The bar in red indicates where Mullen Group's Gross Margin % falls into.
* 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.
A positive Gross Profit is only the first step for a company to make a net profit. The gross profit needs to be big enough to also cover related labor, equipment, rental, marketing/advertising, research and development and a lot of other costs in selling the products.
Mullen Group (MLLGF) has a Gross Margin % of 21.80% as of Mar. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on Mullen Group and its competitors. This is near median its historical median of 22.91. Over the past decade, Mullen Group's Gross Margin % has ranged from 20.11 to 23.76. According to the industry distribution chart, Mullen Group ranks #442 out of 985 companies in the Transportation industry, placing it in the top 44.9%.
Is Mullen Group's Gross Margin % too high?
Mullen Group's current Gross Margin % of 21.80% is near median its 10-year median of 22.91. Over the past 10 years, this metric has ranged from a low of 20.11 to a high of 23.76. The Transportation industry median Gross Margin % is 20.42. Mullen Group's value of 21.80% is 6.8% above this industry median. Based on the distribution chart, Mullen Group ranks #442 out of 985 companies in the Transportation industry, which is above the industry midpoint. 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 Gross Margin % compare to ODFL and XPO?
According to the Transportation industry distribution chart, Mullen Group ranks #442 out of 985 companies for Gross Margin %. This puts Mullen Group in the upper half of its industry. The industry median Gross Margin % is 20.42. Mullen Group's value of 21.80% is 6.8% above this benchmark. Historically, Mullen Group's own Gross Margin % has ranged from 20.11 to 23.76 over the past decade. While the company's 10-year median is 22.91 vs. the industry median of 20.42, Mullen Group has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Gross Margin % for a Transportation company?
The median Gross Margin % among Transportation companies is 20.42, based on 985 companies in the industry. Companies in the top quartile (top 25%) have a Gross Margin % significantly above this median, while those in the bottom quartile fall well below. However, Gross Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Mullen Group's current Gross Margin % of 21.80% is 6.8% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Gross Margin % mean?
A high Gross Margin % can signal that a stock is expensive relative to its fundamentals. Gross margin is the ratio of total gross profit to net sales. View historical data on Mullen Group and its competitors. For the Transportation industry, the median Gross Margin % is 20.42 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Mullen Group's current Gross Margin % is 21.80%, which is near median its own 10-year median of 22.91. 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 Gross Margin % is 21.80%, which is near median its 10-year median of 22.91 and 6.8% above the Transportation industry median of 20.42. 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 Gross Margin % calculated?
Gross Margin % is calculated from a company's financial statements. For Mullen Group (MLLGF), the current Gross Margin % is 21.80% 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:
Gross Margin %: 21.80% (near median its 10-year median of 22.91)
GF Value™: $11.58 vs. price of $15.37 (32.8% above fair value)
Industry Position: 6.8% above the Transportation median (#442 of 985)
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
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