The historical rank and industry rank for Mullen Automotive's Net Margin % or its related term are showing as below:
MULN'
s Net Margin % Range Over the Past 10 Years
Min: -265643.44 Med: -265643.44 Max: -179610.11
Current: -179610.11
MULN's Net Margin % is ranked worse than 99.92% of 1284
companies
in the Vehicles & Parts industry
Industry Median: 3.325
vs MULN: -179610.11
Mullen Automotive Net Margin % Historical Data
The historical data trend for Mullen Automotive'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.
Competitive Comparison of Mullen Automotive's Net Margin %
For the Auto Manufacturers subindustry, Mullen Automotive'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 Automotive's Net Margin % Distribution in the Vehicles & Parts Industry
For the Vehicles & Parts industry and Consumer Cyclical sector, Mullen Automotive's Net Margin % distribution charts can be found below:
* The bar in red indicates where Mullen Automotive's Net Margin % falls into.
Mullen Automotive 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 Automotive's Net Margin for the fiscal year that ended in Sep. 2023 is calculated as
* 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 Automotive (NAS:MULN) 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 Automotive Net Margin % Related Terms
Thank you for viewing the detailed overview of Mullen Automotive's Net Margin % provided by GuruFocus.com. Please click on the following links to see related term pages.
Mullen Automotive (Mullen Automotive) Business Description
Mullen Automotive Inc is engaged in manufacturing electric vehicles and energy solutions. The company strives to make electric vehicles more accessible by building an end-to-end ecosystem that takes care of all aspects of electric vehicle ownership. The Company owns and partners with several synergistic businesses, all working towards the same goal of creating clean and scalable electric vehicles and energy solutions. The company has two segments Bollinger and Mullen/ELMS, which generates revenue.
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