MLLGF (Mullen Group) Interest Expense: $-46 Mil (TTM As of Mar. 2026)

What is Mullen Group Interest Expense?

Mullen Group MLLGF 78 Interest Expense is $-46 Mil as of Mar. 2026. GuruFocus rates MLLGF with a GF Score™ of 78/100 and a GF Value™ of $11.78 (Significantly Overvalued). The stock has 10 warning signs investors should review.

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Mullen Group's interest expense for the three months ended in Mar. 2026 was $ -10 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2026 was $-46 Mil.

Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income(EBIT) by its Interest Expense. Mullen Group's Operating Income for the three months ended in Mar. 2026 was $ 28 Mil. Mullen Group's Interest Expense for the three months ended in Mar. 2026 was $ -10 Mil. Mullen Group's Interest Coverage for the quarter that ended in Mar. 2026 was 2.82. The higher the ratio, the stronger the company's financial strength is. Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

Mullen Group (OTCPK:MLLGF) Interest Expense Explanation

Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

Mullen Group's Interest Expense for the three months ended in Mar. 2026 was $-10 Mil. Its Operating Income for the three months ended in Mar. 2026 was $28 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2026 was $732 Mil.

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

Interest Coverage	=	-1	*	Operating Income (Q: Mar. 2026 )	/	Interest Expense (Q: Mar. 2026 )
	=	-1	*	27.761	/	-9.854
	=	2.82

* 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.

The higher the ratio, the stronger the company's financial strength is.

Mullen Group Interest Expense Historical Data

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The historical data trend for Mullen Group's Interest Expense can be seen below:

Mullen Group Interest Expense Chart

Mullen Group Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Dec25

Interest Expense

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-24.07

-26.09

-28.21

-33.91

-44.15

Mullen Group Quarterly Data
	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24	Mar25	Jun25	Sep25	Dec25	Mar26
Interest Expense	Get a 7-Day Free Trial															-7.98	-9.27	-11.44	-15.19	-9.85

78GF Score

Mullen Group Ltd MLLGF

Interest Expense is just one metric. See GF Score™, valuation, warning signs, and more.

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Mullen Group Interest Expense Calculation

Interest Expense is the amount reported by a company or individual as an expense for borrowed money.

Interest Expense 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 $-46 Mil.

Frequently Asked Questions Learn more about Interest Expense →

What does a Interest Expense of $-46 Mil mean?

Mullen Group (MLLGF) has a Interest Expense of $-46 Mil as of Mar. 2026. Interest Expense is the amount a company pays on its long-term debt. View historical data on Mullen Group and its competitors.

Is Mullen Group's Interest Expense too high?

Mullen Group's current Interest Expense is $-46 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 Interest Expense compare to ODFL and XPO?

Mullen Group's Interest Expense of $-46 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 Interest Expense for a Transportation company?

A good Interest Expense depends on the Transportation industry context. However, Interest Expense 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 Interest Expense mean?

A high Interest Expense can signal that a stock is expensive relative to its fundamentals. Interest Expense is the amount a company pays on its long-term debt. View historical data on Mullen Group and its competitors. Mullen Group's current Interest Expense is $-46 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 $11.78, compared to a current price of $15.37 — trading 30.5% above its estimated fair value. The current Interest Expense is $-46 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 Interest Expense calculated?

Interest Expense is calculated from a company's financial statements. For Mullen Group (MLLGF), the current Interest Expense is $-46 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 30.5% above its estimated GF Value™ of $11.78. GuruFocus considers Mullen Group to be Significantly Overvalued.

Key valuation signals for MLLGF:

Interest Expense: $-46 Mil
GF Value™: $11.78 vs. price of $15.37 (30.5% above fair value)
GF Score™: 78/100 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

Industry Industrials Transportation

Comparable Companies TSX:WTE TSX:CJT TSX:ALC TSX:CHR NEOE:JET TSX:KLS TSX:AC TSX:EIF ODFL XPO TSX:TFII SAIA KNX SNDR RXO TSE:9064 ARCB TSE:9076 WERN TSE:9075

Other Exchanges 9MU:Germany MTL:Canada

Address 121A 31 Southridge Drive, Okotoks, AB, CAN, T1S 2N3

Website https://www.mullen-group.com

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

$15.37

Price

$11.78

GF Value

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