MLLGF (Mullen Group) Gross Profit: $367 Mil (TTM As of Mar. 2026)

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MLLGF Mullen Group Ltd MLLGF
75 GF Score
Price $18.94
GF Value $11.59
Valuation Significantly Overvalued
! 10 Warning Signs
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What is Mullen Group Gross Profit?

Mullen Group MLLGF +5.22% 75 Gross Profit is $367 Mil as of Mar. 2026. GuruFocus rates MLLGF with a GF Score™ of 75/100 and a GF Value™ of $11.59 (Significantly Overvalued). The stock has 10 warning signs investors should review.

Mullen Group's gross profit for the three months ended in Mar. 2026 was $87 Mil. Mullen Group's gross profit for the trailing twelve months (TTM) ended in Mar. 2026 was $367 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Mullen Group's gross profit for the three months ended in Mar. 2026 was $87 Mil. Mullen Group's Revenue for the three months ended in Mar. 2026 was $399 Mil. Therefore, Mullen Group's Gross Margin % for the quarter that ended in Mar. 2026 was 21.80%.

Mullen Group had a gross margin of 21.80% for the quarter that ended in Mar. 2026 => Competition eroding margins

During the past 13 years, the highest Gross Margin % of Mullen Group was 23.76%. The lowest was 20.11%. And the median was 22.91%.


Mullen Group  (OTCPK:MLLGF) Gross Profit 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


Mullen Group Gross Profit Related Terms


Mullen Group Gross Profit Historical Data

* Premium members only.

The historical data trend for Mullen Group's Gross Profit 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.

Mullen Group Gross Profit Chart

Mullen Group Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Gross Profit
Get a 7-Day Free Trial Premium Member Only Premium Member Only 240.69 337.87 353.22 331.77 357.81

Mullen Group Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Gross Profit 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 74.98 94.26 100.12 85.99 87.04

MLLGF vs ODFL, XPO, KNX: Gross Profit Comparison

For the Trucking subindustry, Mullen Group's Gross Profit, along with its competitors' market caps and Gross Profit 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 Profit vs Transportation Industry

For the Transportation industry and Industrials sector, Mullen Group's Gross Profit distribution charts can be found below:

* The bar in red indicates where Mullen Group's Gross Profit falls into.


MLLGF
75GF Score
Mullen Group Ltd MLLGF
Gross Profit is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Mullen Group Gross Profit Calculation

Gross Profit is the different between the sale prices and the cost of buying or producing the goods.

Mullen Group's Gross Profit for the fiscal year that ended in Dec. 2025 is calculated as

Gross Profit (A: Dec. 2025 )=Revenue - Cost of Goods Sold
=1546.678 - 1188.868
=358

Mullen Group's Gross Profit for the quarter that ended in Mar. 2026 is calculated as

Gross Profit (Q: Mar. 2026 )=Revenue - Cost of Goods Sold
=399.195 - 312.16
=87

Gross Profit for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $367 Mil.

Gross Profit is the numerator in the calculation of Gross Margin.

Mullen Group's Gross Margin % for the quarter that ended in Mar. 2026 is calculated as

Gross Margin % (Q: Mar. 2026 )=Gross Profit (Q: Mar. 2026 ) / Revenue (Q: Mar. 2026 )
=(Revenue - Cost of Goods Sold) / Revenue
=87 / 399.195
=21.80 %

* 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.

Frequently Asked Questions Learn more about Gross Profit →
What does a Gross Profit of $367 Mil mean?
Mullen Group (MLLGF) has a Gross Profit of $367 Mil as of Mar. 2026. Gross Profit equals net sales less total cost of goods sold. View historical data on Mullen Group and its competitors.
Is Mullen Group's Gross Profit too high?
Mullen Group's current Gross Profit is $367 Mil. Overall, Mullen Group has a GF Score™ of 75/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Mullen Group's Gross Profit compare to ODFL and XPO?
Mullen Group's Gross Profit of $367 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 Gross Profit for a Transportation company?
A good Gross Profit depends on the Transportation industry context. However, Gross Profit 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 Gross Profit mean?
A high Gross Profit can signal that a stock is expensive relative to its fundamentals. Gross Profit equals net sales less total cost of goods sold. View historical data on Mullen Group and its competitors. Mullen Group's current Gross Profit is $367 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 $11.59, compared to a current price of $18.94 — trading 63.4% above its estimated fair value. The current Gross Profit is $367 Mil. Mullen Group's overall GF Score™ is 75/100 with 10 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Gross Profit calculated?
Gross Profit is calculated from a company's financial statements. For Mullen Group (MLLGF), the current Gross Profit is $367 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 $18.94 is trading 63.4% above its estimated GF Value™ of $11.59. GuruFocus considers Mullen Group to be Significantly Overvalued.

Key valuation signals for MLLGF:

  • Gross Profit: $367 Mil
  • GF Value™: $11.59 vs. price of $18.94 (63.4% above fair value)
  • GF Score™: 75/100 with 10 warning signs

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 Business Description

Other Exchanges 9MU:GermanyMTL:Canada
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.
75GF Score

Get the complete analysis for MLLGF

Gross Profit is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$18.94
Price
$11.59
GF Value