MLLGF
Mullen Group Ltd.
OTC Markets OTCPKUSDEQUITY
Industrials
DELAYED
Strong buy
+57/100
Last price
18.99
▼ 0.25 (1.30%)
MARKET · —
Price
Chart style
Interval
Intraday intervals only cover recent history. The site picks the finest interval the range allows.
Overlays
Session levels
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Both series are rebased to 0% at the left edge, so the lines show relative performance rather than price.
Tool
1D
—
H —
L —
Range —
Vol —
vs
Drag pan · Pinch zoom · Hold crosshair · pick a tool then drag to draw
Open
—
Prev close
19.24
Day high
18.99
Day low
18.99
Volume
300
Market cap
$1.83B
P/E (TTM)
23.74
52W range
9.47 – 20.35
Trailing performance
Returnvs SPY
1W
+0.53%
-1.0%
1M
+6.69%
+5.6%
3M
+22.91%
+19.9%
6M
+53.15%
+38.6%
YTD
+63.00%
+49.5%
1Y
+89.90%
+74.6%
3Y
+89.33%
+8.2%
5Y
—
—
Price return only. Dividends are not reinvested, so total return on a dividend payer will be higher than shown.
Unusual options activity
Nothing crossed the thresholds in the expiries we scanned.
That is the normal state — most contracts trade well inside their existing open interest.
That is the normal state — most contracts trade well inside their existing open interest.
Contracts trading at or above their open interest, ranked by notional and where the print landed.
Free account
5 more panels on MLLGF open with an account.
Options chains and analytics, valuation ratios, insider filings, analyst targets and ownership. No card, no trial, nothing to cancel.
Insider net activity
Net shares
0
Net selling
Buy transactions
0
0 shares
Sell transactions
0
—
Net transactions
0
Buys less sells
Sell : buy shares
—
Not enough filings
Insider-held shares
6.41M
Total on file
Insider transactions
| Date | Insider | Action | Shares | Value | Held |
|---|---|---|---|---|---|
| Aug 6, 26 | Whitley (Richard Fredrick) Director of Issuer |
OTHER | 825 | $15.88K | Direct |
| Jul 27, 26 | Urlacher (Carson Paul) Senior Officer of Issuer |
SELL | 9.50K | $189.84K | Indirect |
| Jul 27, 26 | Urlacher (Carson Paul) Senior Officer of Issuer |
BUY | 9.50K | $189.91K | Indirect |
| May 19, 26 | Lockwood (Stephen H) Director of Issuer |
SELL | 4.06K | $64.28K | Indirect |
| May 15, 26 | Lockwood (Stephen H) Director of Issuer |
SELL | 3.50K | $55.11K | Indirect |
| May 14, 26 | Lockwood (Stephen H) Director of Issuer |
SELL | 3.50K | $54.85K | Indirect |
| Mar 29, 26 | Hellyer (Lee Albert) Senior Officer of Issuer |
— | 0 | — | Indirect |
| Mar 29, 26 | Hellyer (Lee Albert) Senior Officer of Issuer |
— | 0 | — | Indirect |
| Nov 28, 25 | Mullen Group Ltd Issuer |
— | 34.22K | — | Direct |
| Nov 20, 25 | Mullen Group Ltd Issuer |
BUY | 6.70K | $66.54K | Direct |
| Nov 18, 25 | Mullen Group Ltd Issuer |
BUY | 2.80K | $28.01K | Direct |
| Nov 17, 25 | Mullen Group Ltd Issuer |
BUY | 6.74K | $67.14K | Direct |
| Nov 14, 25 | Mullen Group Ltd Issuer |
BUY | 1.50K | $14.97K | Direct |
| Nov 13, 25 | Tibbatts (Sonia Gae) Director of Issuer |
CONVERSION | 7.37K | $71.26K | Direct |
What this is, and what it is not
These are SEC Form 4 filings — officers, directors and 10% owners reporting their own trades in the company's stock. Filing is due within two business days of the transaction, so this lags reality by days, and the provider adds its own lag on top.
A sale is not automatically bearish. Executives sell on scheduled 10b5-1 plans, to cover tax on vesting equity, and to diversify. Purchases with cash are generally the more informative signal, and they are far rarer.
This does not include congressional or senate trading. That comes from STOCK Act disclosures filed with the Senate eFD system and the House Clerk, which this data source does not carry.
Officer and director trades in their own stock, straight from Form 4 filings.
Insider holders
| Name | Relation | Shares held | Latest |
|---|---|---|---|
Hellyer (Lee Albert) |
Senior Officer of Issuer | — | Opening Balance-Initial SEDI Report |
Lockwood (Stephen H) |
Director of Issuer | — | Acquisition or disposition in the public market |
Maloney (Richard James) |
Senior Officer of Issuer | 22.20K | Conversion or exchange |
Mullen (Murray Kenneth) |
Director of Issuer | 1.14M | Conversion or exchange |
Mullen Group Ltd |
Issuer | 0 | Redemption, retraction, cancelation, repurchase |
Tibbatts (Sonia Gae) |
Director of Issuer | 23.72K | Conversion or exchange |
Urlacher (Carson Paul) |
Senior Officer of Issuer | — | Acquisition or disposition in the public market |
Whitley (Richard Fredrick) |
Director of Issuer | 4.83K | Other |
Fundamentals
Market cap$1.83B
Enterprise value$2.70B
Revenue (TTM)$2.25B
Gross profit$678.29M
EBITDA$338.08M
Net income$104.81M
EPS (TTM)$0.80
Free cash flow$169.04M
Total cash$171.02M
Total debt$1.05B
Book value / share$8.52
Shares outstanding96.24M
Float89.62M
Short % of float—
Dividend yield3.10%
Beta (5Y)0.86
Valuation & profitability ratios
Trailing P/E23.74
Forward P/E—
PEG ratio—
Price / sales—
Price / book2.23
EV / revenue1.20
EV / EBITDA8.00
Gross margin30.11%
Operating margin10.82%
Profit margin4.65%
Return on equity9.59%
Return on assets5.65%
Debt / equity89.60
Current ratio2.17
Fourteen ratios including P/E, PEG, EV/EBITDA, margins and return on equity.
Financial statements
| Line item | 2025 | 2024 | 2023 | 2022 | YoY |
|---|---|---|---|---|---|
| Total revenue | $2.13B | $1.99B | $1.99B | $2.00B | +7.3% |
| Operating revenue | $2.13B | $1.99B | $1.99B | $2.00B | +7.3% |
| Cost of revenue | $1.64B | $1.52B | $1.52B | $1.54B | +8.1% |
| Gross profit | $493.60M | $472.68M | $473.88M | $459.00M | +4.4% |
| Selling, general & admin | $324.33M | $271.38M | $261.58M | $241.63M | +19.5% |
| Total operating expense | $324.35M | $271.40M | $261.60M | $241.65M | +19.5% |
| Operating income | $169.25M | $201.27M | $212.27M | $217.35M | -15.9% |
| Net interest income | -$54.45M | -$42.19M | -$37.05M | -$35.04M | -29.1% |
| Pre-tax income | $119.82M | $153.77M | $183.14M | $210.88M | -22.1% |
| Tax provision | $28.71M | $41.51M | $46.42M | $52.26M | -30.8% |
| Net income | $91.11M | $112.26M | $136.72M | $158.62M | -18.8% |
| Net income to common | $91.11M | $112.26M | $136.72M | $158.62M | -18.8% |
| Basic EPS | 1.03 | 1.28 | 1.52 | 1.70 | -19.5% |
| Diluted EPS | 1.00 | 1.23 | 1.45 | 1.62 | -18.7% |
| EBIT | $180.73M | $202.08M | $220.99M | $246.32M | -10.6% |
| EBITDA | $327.10M | $332.98M | $336.88M | $358.83M | -1.8% |
| Basic shares | 88.30M | 87.85M | 89.93M | 93.35M | +0.5% |
| Diluted shares | 96.31M | 97.23M | 99.10M | 102.41M | -0.9% |
| Line item | 2025 | 2024 | 2023 | 2022 | YoY |
|---|---|---|---|---|---|
| Cash & equivalents | $144.64M | $126.29M | $2.29M | $8.76M | +14.5% |
| Cash & short-term investments | $144.64M | $126.29M | $2.29M | $8.76M | +14.5% |
| Accounts receivable | $260.65M | $256.40M | $245.42M | $257.00M | +1.7% |
| Inventory | $45.09M | $45.73M | $47.69M | $42.03M | -1.4% |
| Total current assets | $563.77M | $494.43M | $383.25M | $360.32M | +14.0% |
| Property, plant & equipment | $1.30B | $1.26B | $1.13B | $1.07B | +3.2% |
| Goodwill & intangibles | $640.28M | $486.43M | $458.09M | $465.62M | +31.6% |
| Total assets | $2.57B | $2.33B | $2.04B | $2.00B | +10.2% |
| Total current liabilities | $260.14M | $212.94M | $502.39M | $219.99M | +22.2% |
| Current debt | $26.00K | $25.00K | $316.60M | $23.01M | +4.0% |
| Long-term debt | $791.48M | $769.76M | $349.08M | $597.40M | +2.8% |
| Total debt | $1.05B | $997.56M | $764.08M | $712.28M | +5.7% |
| Total liabilities | $1.43B | $1.32B | $1.07B | $1.02B | +8.7% |
| Retained earnings | $197.70M | $184.78M | $142.07M | $97.53M | +7.0% |
| Shareholder equity | $1.14B | $1.02B | $974.88M | $973.40M | +12.2% |
| Working capital | $303.63M | $281.49M | -$119.14M | $140.33M | +7.9% |
| Net tangible assets | $500.18M | $530.45M | $516.80M | $507.78M | -5.7% |
| Shares issued | 95.73M | 87.67M | 88.07M | 92.95M | +9.2% |
| Line item | 2025 | 2024 | 2023 | 2022 | YoY |
|---|---|---|---|---|---|
| Net income | $91.11M | $112.26M | $136.72M | $158.62M | -18.8% |
| Depreciation & amortisation | $146.37M | $130.90M | $115.89M | $112.51M | +11.8% |
| Stock-based compensation | $1.26M | $914.00K | $1.05M | $743.00K | +38.4% |
| Change in working capital | $40.52M | $1.74M | $13.92M | -$28.85M | +2,232.7% |
| Operating cash flow | $305.98M | $296.12M | $276.75M | $262.97M | +3.3% |
| Capital expenditure | -$95.82M | -$71.56M | -$101.60M | -$81.41M | -33.9% |
| Investing cash flow | -$251.24M | -$111.90M | -$109.89M | -$36.99M | -124.5% |
| Share buybacks | -$11.46M | -$6.49M | -$72.05M | -$22.92M | -76.6% |
| Dividends paid | -$73.96M | -$66.76M | -$64.77M | -$61.56M | -10.8% |
| Financing cash flow | -$43.95M | -$51.61M | -$174.05M | -$215.14M | +14.8% |
| Free cash flow | $210.16M | $224.55M | $175.15M | $181.56M | -6.4% |
| End cash position | $144.64M | $126.29M | $2.29M | $8.76M | +14.5% |
| Line item | 2026-06-30 | 2026-03-31 | 2025-12-31 | 2025-06-30 | 2025-03-31 | YoY |
|---|---|---|---|---|---|---|
| Total revenue | $609.30M | $547.70M | $533.88M | $540.90M | $497.14M | +11.2% |
| Operating revenue | $609.30M | $547.70M | $533.88M | $540.90M | $497.14M | +11.2% |
| Cost of revenue | $460.15M | $428.28M | $415.26M | $412.06M | $389.50M | +7.4% |
| Gross profit | $149.15M | $119.41M | $118.62M | $128.84M | $107.64M | +24.9% |
| Selling, general & admin | $83.20M | $81.31M | $83.76M | $87.70M | $73.78M | +2.3% |
| Total operating expense | $83.21M | $81.32M | $83.77M | $87.71M | $73.79M | +2.3% |
| Operating income | $65.94M | $38.09M | $34.85M | $41.13M | $33.85M | +73.1% |
| Net interest income | -$13.26M | -$13.52M | -$14.50M | -$12.67M | -$11.46M | +1.9% |
| Pre-tax income | $48.62M | $27.76M | $18.97M | $31.79M | $24.70M | +75.1% |
| Tax provision | $12.68M | $6.72M | $4.37M | $6.22M | $6.97M | +88.7% |
| Net income | $35.95M | $21.05M | $14.61M | $25.57M | $17.73M | +70.8% |
| Net income to common | $35.95M | $21.05M | $14.61M | $25.57M | $17.73M | +70.8% |
| Basic EPS | 0.37 | 0.22 | — | 0.29 | 0.20 | +68.2% |
| Diluted EPS | 0.37 | 0.22 | — | 0.28 | 0.20 | +68.2% |
| EBIT | $61.88M | $41.28M | $39.93M | $44.46M | $36.15M | +49.9% |
| EBITDA | $99.78M | $79.23M | $78.53M | $79.95M | $70.27M | +25.9% |
| Basic shares | 96.09M | 95.85M | — | 87.36M | 87.65M | +0.3% |
| Diluted shares | 97.24M | 96.32M | — | 96.77M | 87.83M | +1.0% |
| Line item | 2026-06-30 | 2026-03-31 | 2025-12-31 | 2025-06-30 | 2025-03-31 | YoY |
|---|---|---|---|---|---|---|
| Cash & equivalents | $171.02M | $141.75M | $144.64M | $176.67M | $131.15M | +20.7% |
| Cash & short-term investments | $171.02M | $141.75M | $144.64M | $176.67M | $131.15M | +20.7% |
| Accounts receivable | $300.66M | $284.69M | $260.65M | $276.32M | $256.46M | +5.6% |
| Inventory | $47.26M | $45.97M | $45.09M | $47.76M | $46.65M | +2.8% |
| Total current assets | $626.34M | $576.62M | $563.77M | $596.20M | $514.65M | +8.6% |
| Property, plant & equipment | $1.29B | $1.30B | $1.30B | $1.25B | $1.24B | -1.3% |
| Goodwill & intangibles | $649.95M | $655.13M | $640.28M | $647.12M | $485.07M | -0.8% |
| Total assets | $2.62B | $2.59B | $2.57B | $2.58B | $2.33B | +1.1% |
| Total current liabilities | $288.30M | $277.89M | $260.14M | $463.16M | $227.93M | +3.7% |
| Current debt | $8.00K | $404.00K | $26.00K | $207.43M | $7.22M | -98.0% |
| Long-term debt | $798.45M | $794.68M | $791.48M | $757.16M | $770.19M | +0.5% |
| Total debt | $1.05B | $1.05B | $1.05B | $1.19B | $995.03M | -0.4% |
| Total liabilities | $1.45B | $1.45B | $1.43B | $1.56B | $1.32B | +0.4% |
| Retained earnings | $214.37M | $198.61M | $197.70M | $189.68M | $182.94M | +7.9% |
| Shareholder equity | $1.17B | $1.15B | $1.14B | $1.02B | $1.01B | +1.9% |
| Working capital | $338.05M | $298.73M | $303.63M | $133.04M | $286.72M | +13.2% |
| Net tangible assets | $517.96M | $490.59M | $500.18M | $370.25M | $527.43M | +5.6% |
| Shares issued | 96.24M | 95.91M | 95.73M | 87.28M | 87.47M | +0.3% |
| Line item | 2026-06-30 | 2026-03-31 | 2025-12-31 | 2025-06-30 | 2025-03-31 | YoY |
|---|---|---|---|---|---|---|
| Net income | $35.95M | $21.05M | $14.61M | $25.57M | $17.73M | +70.8% |
| Depreciation & amortisation | $37.91M | $37.95M | $38.61M | $35.49M | $34.12M | -0.1% |
| Stock-based compensation | $354.00K | $363.00K | $355.00K | $294.00K | $264.00K | -2.5% |
| Change in working capital | -$1.90M | -$38.45M | $22.34M | $18.07M | -$13.36M | +95.0% |
| Operating cash flow | $98.72M | $27.35M | $85.56M | $77.79M | $39.91M | +261.0% |
| Capital expenditure | -$16.65M | -$12.09M | -$30.39M | -$23.39M | -$13.70M | -37.7% |
| Investing cash flow | -$11.32M | -$21.31M | -$27.84M | -$182.65M | -$8.73M | +46.9% |
| Share buybacks | $0 | $0 | -$1.02M | -$2.93M | -$2.65M | — |
| Dividends paid | -$20.17M | -$20.12M | -$18.90M | -$18.35M | -$18.41M | -0.3% |
| Financing cash flow | -$55.04M | -$6.67M | -$66.39M | $141.95M | -$26.42M | -725.6% |
| Free cash flow | $82.07M | $15.26M | $55.17M | $54.41M | $26.21M | +437.9% |
| End cash position | $171.02M | $141.75M | $144.64M | $176.67M | $131.15M | +20.7% |
Options analytics
Put / call volume
—
—
Put / call open interest
—
Positioning, not flow
Max pain
—
—
ATM implied vol
—
Nearest strike to spot
Skew (10% OTM)
—
—
Call volume
0
Contracts, this expiry
Put volume
0
Contracts, this expiry
Heaviest call OI
—
—
Heaviest put OI
—
—
Max pain is the strike at which the largest dollar value of open contracts expires worthless. It describes current positioning; it is not a forecast and it moves as open interest changes.
Put/call ratios, max pain, implied volatility skew and where open interest is concentrated.
Earnings
Forward consensus
| Period | EPS | Analysts | Revenue | Growth |
|---|---|---|---|---|
| Current quarter | — | — | $614.63M | +9.4% |
| Next quarter | — | — | $590.47M | +10.6% |
| Current year | — | — | $2.36B | +10.6% |
| Next year | — | — | $2.47B | +4.8% |
Analyst targets & ownership
Mean target—
High target—
Low target—
Implied upside—
Analyst count—
ConsensusNONE
Strong buy / Buy— / —
Hold—
Sell / Strong sell— / —
Held by insiders6.66%
Held by institutions29.32%
Institutions holding85
Price targets, consensus spread, insider and institutional ownership.
Moving averages & technicals
SMA 10
18.94
+0.29% from price
SMA 20
18.62
+1.97% from price
SMA 50
18.79
+1.05% from price
SMA 100
17.55
+8.19% from price
SMA 200
15.12
+25.57% from price
EMA 12
18.88
+0.60% from price
EMA 26
18.69
+1.61% from price
EMA 50
18.39
+3.29% from price
RSI (14)
55.2
Neutral
MACD (12,26,9)
0.19
Hist 0.07
ATR (14)
0.41
2.14% of price
Realised vol 30D
29.3%
Annualised
Bollinger upper
19.53
20, 2σ
Bollinger lower
17.71
20, 2σ
50 / 200 cross
Golden
18.79 vs 15.12
Trend bias
Above 200
+25.57%
Options chain
Calls
| Strike | Last | Bid | Ask | Vol | OI | IV |
|---|---|---|---|---|---|---|
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
Puts
| Strike | Last | Bid | Ask | Vol | OI | IV |
|---|---|---|---|---|---|---|
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
Every listed expiry, both sides of the book, with volume, open interest and implied volatility.
Risk profile
Beta vs SPY
-0.18
Less volatile than market
Correlation to SPY
-0.07
Largely independent
Realised vol 30D
29.3%
Annualised
Market vol 1Y
13.0%
SPY, annualised
Max drawdown 1Y
-12.4%
Peak to trough
Max drawdown 5Y
-30.3%
Peak to trough
ATR 14
0.41
2.14% of price
Beta (reported)
0.86
5Y monthly, from filing
Rating changes
| Date | Firm | Action | From | To |
|---|---|---|---|---|
| Jun 15, 23 | CIBC | MAINTAINED | — | Neutral |
| Dec 14, 22 | CIBC | MAINTAINED | Neutral | Neutral |
Dividends & splits
Forward rate$0.59 / yr
Forward yield3.10%
5-year avg yield4.75%
Payout ratio76.36%
Ex-dividend dateSep 29, 2026
Next pay dateJun 15, 2026
Last split—
Split date—
Headlines
CIBC Raises Price Target on Mullen Group, Lowers Target on TFI International
MT Newswires · 2d ago
Mullen Group Ltd. 2026 Third Quarter Earnings Conference Call and Webcast
GlobeNewswire · 14d ago
Mullen Group Ltd. Announces Declaration of Monthly Dividend
GlobeNewswire · 15d ago
Mullen Group Declares Monthly Dividend of C$0.07
MT Newswires · 48d ago
Mullen Group Ltd. Announces Declaration of Monthly Dividend
GlobeNewswire · 48d ago
Mullen Group Ltd's Dividend Analysis
GuruFocus.com · 68d ago
Mullen Group Q2 Earnings Call Highlights
MarketBeat · 75d ago
Mullen Group Ltd (MLLGF) Q2 2026 Earnings Call Highlights: Strategic Moves and Growth Prospects
GuruFocus.com · 76d ago
PRIVATE STRATEGY · BY QUALIFICATION
The same data. A different seat.
The research you are reading is the input layer for a discretionary options program we run for a small number of qualified investors. Minimum $1,000,000.