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Mullen Group (TSX:MTL) Gross-Profit-to-Asset % : 20.33% (As of Mar. 2024)


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What is Mullen Group Gross-Profit-to-Asset %?

Gross-Profit-to-Asset % is calculated as Gross Profit divided by its average Total Assets over a certain period of time. Mullen Group's annualized Gross Profit for the quarter that ended in Mar. 2024 was C$417 Mil. Mullen Group's average Total Assets over the quarter that ended in Mar. 2024 was C$2,050 Mil. Therefore, Mullen Group's annualized Gross-Profit-to-Asset % for the quarter that ended in Mar. 2024 was 20.33%.


Mullen Group Gross-Profit-to-Asset % Historical Data

The historical data trend for Mullen Group's Gross-Profit-to-Asset % 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 Gross-Profit-to-Asset % Chart

Mullen Group Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Gross-Profit-to-Asset %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 15.15 15.36 16.93 23.43 23.47

Mullen Group Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Gross-Profit-to-Asset % 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 22.63 23.84 23.58 22.30 20.33

Competitive Comparison of Mullen Group's Gross-Profit-to-Asset %

For the Trucking subindustry, Mullen Group's Gross-Profit-to-Asset %, along with its competitors' market caps and Gross-Profit-to-Asset % 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 Gross-Profit-to-Asset % Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Mullen Group's Gross-Profit-to-Asset % distribution charts can be found below:

* The bar in red indicates where Mullen Group's Gross-Profit-to-Asset % falls into.



Mullen Group Gross-Profit-to-Asset % Calculation

Mullen Group's annualized Gross-Profit-to-Asset % for the fiscal year that ended in Dec. 2023 is calculated as:

Gross-Profit-to-Asset %=Gross Profit (A: Dec. 2023 )/( (Total Assets (A: Dec. 2022 )+Total Assets (A: Dec. 2023 ))/ count )
=473.876/( (1996.131+2041.662)/ 2 )
=473.876/2018.8965
=23.47 %

Mullen Group's annualized Gross-Profit-to-Asset % for the quarter that ended in Mar. 2024 is calculated as:

Gross-Profit-to-Asset %=Gross Profit (Q: Mar. 2024 )/( (Total Assets (Q: Dec. 2023 )+Total Assets (Q: Mar. 2024 ))/ count )
=416.748/( (2041.662+2058.209)/ 2 )
=416.748/2049.9355
=20.33 %

* 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.

In the calculation of annual Gross-Profit-to-Asset %, the Gross Profit of the last fiscal year and the average total assets over the fiscal year are used. In calculating the quarterly data, the Gross Profit data used here is four times the quarterly (Mar. 2024) data. Gross-Profit-to-Asset % is displayed in the 30-year financial page.


Mullen Group Gross-Profit-to-Asset % Related Terms

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Mullen Group (TSX:MTL) 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 company also provides a diverse set of specialized services related to the energy, mining, forestry, and construction industries in western Canada.
Executives
Joanna Kathryn Scott Senior Officer

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