What Mullen Group (MTL) Said on Its Q3 Earnings Call
Mullen Group said stronger demand, fuel surcharges and acquisitions lifted quarterly revenue by 16.3% and net income by 55.1% to a record $51.5 million.
- On Thursday, October 22, 2026, Okotoks-based logistics provider Mullen Group Ltd. reported record third-quarter revenue of $653.2 million and net income of $51.5 million.
- Internal growth of $44.3 million, fuel surcharge revenue increases of $37.7 million, and acquisitions adding $9.4 million drove the record quarterly results across all segments.
- Adjusted operating income before depreciation and amortization reached $118.6 million, up 23.0 percent, reflecting improved market conditions across Less-Than-Truckload, Logistics & Warehousing, Specialized & Industrial Services, and U.S. & International Logistics segments.
- Murray Mullen, Mullen Group's chair and senior executive officer, stated the company is "uniquely positioned to meet the increased demand" from upcoming "Nation Building Projects" promoted by politicians.
- Supporting over 8,500 associates, Mullen Group plans continued investment in quality acquisition opportunities, including the recent Willson International announcement, to expand its logistics portfolio.
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14 Articles
What Mullen Group (MTL) Said on Its Q3 Earnings Call
Mullen Group (TSE:MTL) said its third-quarter operating performance was among its strongest to date, citing the resilience of its diversified business model, a strong balance sheet and improving returns in selected industrial markets. Management also said it remains cautious about committing capital
St Catharines Standard
Mullen Group Ltd. Internal Growth Drives Record Quarterly Financial Results
OKOTOKS, Alberta, Oct. 22, 2026 (GLOBE NEWSWIRE) -- (TSX: MTL) Mullen Group Ltd. ("Mullen Group", "We", "Our" and/or the "Corporation"), one of Canada's largest logistics providers today reported its financial and operating results for the period ended September 30, 2026,…
Mullen Group (MLLGF) Set to Announce Quarterly Earnings on Thursday
Mullen Group (OTCMKTS:MLLGF – Get Free Report) is expected to be releasing its results before the market opens on Thursday, October 22nd. Analysts expect the company to post earnings of $0.2915 per share and revenue of $430.80 million for the quarter. Mullen Group Price Performance OTCMKTS:MLLGF opened at $19.81 on Tuesday. Mullen Group has a […]
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