MLLGF (Mullen Group) Net Margin %: 3.84% (As of Mar. 2026) — 31% Below Median


MLLGF Mullen Group Ltd MLLGF
78 GF Score
Price $15.37
GF Value $11.97
Valuation Modestly Overvalued
! 10 Warning Signs
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What is Mullen Group Net Margin %?

Mullen Group MLLGF 78 Net Margin % is 3.84% as of Mar. 2026, which is 31% below its 10-year median of 5.57. GuruFocus rates MLLGF with a GF Score™ of 78/100 and a GF Value™ of $11.97 (Modestly Overvalued). The stock has 10 warning signs investors should review. Among 1,008 Transportation companies, Mullen Group ranks worse than 53.97% on this metric.

Net margin is calculated as Net Income divided by its Revenue. Mullen Group's Net Income for the three months ended in Mar. 2026 was $15 Mil. Mullen Group's Revenue for the three months ended in Mar. 2026 was $399 Mil. Therefore, Mullen Group's net margin for the quarter that ended in Mar. 2026 was 3.84%.

The historical rank and industry rank for Mullen Group's Net Margin % or its related term are showing as below:

MLLGF' s Net Margin % Range Over the Past 10 Years
Min: -3.47   Med: 5.57   Max: 7.93
Current: 4.32


MLLGF's Net Margin % is ranked worse than
53.97% of 1008 companies
in the Transportation industry
Industry Median: 4.98 vs MLLGF: 4.32

Mullen Group  (OTCPK:MLLGF) Net Margin % Explanation

Although Net Income and Earnings-per-Share (EPS) are the most widely used parameter in measuring a company's profitability and valuation, it is the least reliable. The reason is that reported earnings can be manipulated easily by adjusting any numbers such as Depreciation, Depletion and Amotorization and non-recurring items.

But the long term trend of the net margin is a good indicator of the competitiveness and health of the business.


Mullen Group Net Margin % Related Terms


Mullen Group Net Margin % Historical Data

* Premium members only.

The historical data trend for Mullen Group's Net 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.

Mullen Group Net Margin % Chart

Mullen Group Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Net Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4.90 7.93 6.85 5.64 4.27

Mullen Group Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Net Margin % 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 3.57 4.73 5.91 2.74 3.84

MLLGF vs ODFL, XPO, SAIA: Net Margin % Comparison

For the Trucking subindustry, Mullen Group's Net Margin %, along with its competitors' market caps and Net 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 Net Margin % vs Transportation Industry

For the Transportation industry and Industrials sector, Mullen Group's Net Margin % distribution charts can be found below:

* The bar in red indicates where Mullen Group's Net Margin % falls into.


MLLGF
78GF Score
Mullen Group Ltd MLLGF
Net Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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Mullen Group Net Margin % Calculation

Net margin - also known as net profit margin is the ratio of Net Income divided by net sales or Revenue, usually presented in percent.

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

Net Margin=Net Income (A: Dec. 2025 )/Revenue (A: Dec. 2025 )
=66.046/1546.678
=4.27 %

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

Net Margin=Net Income (Q: Mar. 2026 )/Revenue (Q: Mar. 2026 )
=15.34/399.195
=3.84 %

* 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.

Frequently Asked Questions Learn more about Net Margin % →
What does a Net Margin % of 3.84% mean?
Mullen Group (MLLGF) has a Net Margin % of 3.84% as of Mar. 2026. Net margin is the ratio of total net income to net sales. View historical data on Mullen Group and its competitors. This is 31% below median its historical median of 5.57. According to the industry distribution chart, Mullen Group ranks #544 out of 1008 companies in the Transportation industry, placing it in the top 54%.
Is Mullen Group's Net Margin % too high?
Mullen Group's current Net Margin % of 3.84% is 31% below median its 10-year median of 5.57. The Transportation industry median Net Margin % is 4.98. Mullen Group's value of 3.84% is 22.9% below this industry median. Based on the distribution chart, Mullen Group ranks #544 out of 1008 companies in the Transportation industry, which is below the industry midpoint. Overall, Mullen Group has a GF Score™ of 78/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Mullen Group's Net Margin % compare to ODFL and XPO?
According to the Transportation industry distribution chart, Mullen Group ranks #544 out of 1008 companies for Net Margin %. This places Mullen Group in the lower half of its industry. The industry median Net Margin % is 4.98. Mullen Group's value of 3.84% is 22.9% below this benchmark. While the company's 10-year median is 5.57 vs. the industry median of 4.98, Mullen Group has consistently been below 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 Net Margin % for a Transportation company?
The median Net Margin % among Transportation companies is 4.98, based on 1,008 companies in the industry. Companies in the top quartile (top 25%) have a Net Margin % significantly above this median, while those in the bottom quartile fall well below. However, Net Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Mullen Group's current Net Margin % of 3.84% is 22.9% below 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 Net Margin % mean?
A high Net Margin % can signal that a stock is expensive relative to its fundamentals. Net margin is the ratio of total net income to net sales. View historical data on Mullen Group and its competitors. For the Transportation industry, the median Net Margin % is 4.98 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Mullen Group's current Net Margin % is 3.84%, which is 31% below median its own 10-year median of 5.57. 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 Modestly Overvalued. The stock's GF Value™ is $11.97, compared to a current price of $15.37 — trading 28.4% above its estimated fair value. The current Net Margin % is 3.84%, which is 31% below median its 10-year median of 5.57 and 22.9% below the Transportation industry median of 4.98. 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 Net Margin % calculated?
Net Margin % is calculated from a company's financial statements. For Mullen Group (MLLGF), the current Net Margin % is 3.84% 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 28.4% above its estimated GF Value™ of $11.97. GuruFocus considers Mullen Group to be Modestly Overvalued.

Key valuation signals for MLLGF:

  • Net Margin %: 3.84% (31% below median its 10-year median of 5.57)
  • GF Value™: $11.97 vs. price of $15.37 (28.4% above fair value)
  • GF Score™: 78/100 with 10 warning signs
  • Industry Position: 22.9% below the Transportation median (#544 of 1008)

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.
78GF Score

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

$15.37
Price
$11.97
GF Value