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Mullen Group (TSX:MTL) Operating Margin % : 11.34% (As of Sep. 2024)


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What is Mullen Group Operating Margin %?

Operating Margin % is calculated as Operating Income divided by its Revenue. Mullen Group's Operating Income for the three months ended in Sep. 2024 was C$60 Mil. Mullen Group's Revenue for the three months ended in Sep. 2024 was C$532 Mil. Therefore, Mullen Group's Operating Margin % for the quarter that ended in Sep. 2024 was 11.34%.

Good Sign:

Mullen Group Ltd operating margin is expanding. Margin expansion is usually a good sign.

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

TSX:MTL' s Operating Margin % Range Over the Past 10 Years
Min: 6.99   Med: 9.61   Max: 13.98
Current: 10.1


TSX:MTL's Operating Margin % is ranked better than
59.23% of 964 companies
in the Transportation industry
Industry Median: 7.655 vs TSX:MTL: 10.10

Mullen Group's 5-Year Average Operating Margin % Growth Rate was 7.50% per year.

Mullen Group's Operating Income for the three months ended in Sep. 2024 was C$60 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Sep. 2024 was C$201 Mil.


Mullen Group Operating Margin % Historical Data

The historical data trend for Mullen Group's Operating 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.

* Premium members only.

Mullen Group Operating Margin % Chart

Mullen Group Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Operating Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 6.99 9.96 8.28 10.87 10.64

Mullen Group Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
Operating 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 11.81 9.86 8.24 10.75 11.34

Competitive Comparison of Mullen Group's Operating Margin %

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

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

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



Mullen Group Operating Margin % Calculation

Operating Margin % - also known as operating income margin, operating profit margin and return on sales (ROS) - is the ratio of Operating Income divided by net sales or Revenue, usually presented in percent.

Mullen Group's Operating Margin % for the fiscal year that ended in Dec. 2023 is calculated as

Operating Margin %=Operating Income (A: Dec. 2023 ) / Revenue (A: Dec. 2023 )
=212.273 / 1994.721
=10.64 %

Mullen Group's Operating Margin % for the quarter that ended in Sep. 2024 is calculated as

Operating Margin %=Operating Income (Q: Sep. 2024 ) / Revenue (Q: Sep. 2024 )
=60.328 / 532.035
=11.34 %

* 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  (TSX:MTL) Operating Margin % Explanation

Just like Gross Margin %, it is important to see a company maintains its operating margin over time. Among the same industry, a company with higher operating margin is more efficient in its operation. It is also more stable during industry slowdown or recessions. Peter Lynch prefers those with higher margins than those with lower margins.


Be Aware

Operating Margin % can be manipulated by adjusting the rate of depreciation, depletion and amortization (DDA).

If a company is facing competition, its Operating Margin % may decline. Often the Operating Margin % declines well before the company's Revenue or even profit decline. Therefore, Operating Margin % is a very important indicator of whether the company is facing problems.

For instance, by 2012, Nokia (NOK)'s problems were well known and its stock had lost more than 90% of its market value since 2007. But Nokia’s Operating Margin % had already been in decline since 2002, although its Earnings per Share (Diluted) were still rising. Investors who paid attention to Operating Margin % would have avoided this huge loss. The same can be said for Research-in-Motion (RIMM).

Therefore, Operating Margin % is a very important screening filter for GuruFocus. GuruFocus's Buffett-Munger screener requires that the profit margin is either consistent or expanding. The Model Portfolio of the Buffett-Munger screener has outperformed the market every year since inception in 2009.


Mullen Group Operating Margin % Related Terms

Thank you for viewing the detailed overview of Mullen Group's Operating Margin % provided by GuruFocus.com. Please click on the following links to see related term pages.


Mullen Group Business Description

Traded in Other Exchanges
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.
Executives
Benoit Durand Director
Joanna Kathryn Scott Senior Officer
Murray Kenneth Mullen Director, Senior Officer
Carson Paul Urlacher Senior Officer
Richard James Maloney Senior Officer
Richard Fredrick Whitley Director
Philip Scherman Director
Christine Ellen Mcginley Director
Peter W. Stephen Clark Senior Officer
Greg Bay Director
David Edward Mullen Director
Sonia Gae Tibbatts Director