Mullen Group Ltd.

MTL.TOTSXIndustrials● Active

$23.36

+$0.70(+3.09%)

Market Cap$2.2B

P/E Ratio—

52W High$23.46

52W Low$12.98

Avg Volume290K

Open$22.75

Beta0.93

Net Income Financials Revenue

Mullen Group Ltd. (MTL.TO) Net Income & Profit History

Annual & trailing net income, net margin, YoY change, and peer profitability context.

MTL.TO · net income · updated Jun 9, 2026

Core profitability metrics

MTL.TO · net income · margin · TTM · CAGR

Net income was $91.1M for FY2025 (fiscal year ending 2025-12-31), down 18.8% year-over-year. Net profit margin was 4.3%. Based on available data, Mullen Group Ltd. has been profitable since at least 2011.

FY2025 Net Income$91.1M▼ -18.8% YoY

Trailing 12M (TTM)—trailing 4 quarters sum

Net Profit Margin4.3%$91.1M ÷ $2.13B

YoY Change-18.8%—

5-Year CAGR+7.3%FY2020 → FY2025

FormulaNet Margin = Net Income ÷ Revenue × 100TTM = trailing 4 quarters sumCAGR → N/A if either endpoint ≤ 0

Source: FMP /income-statement · US GAAP · USDUpdated: Jun 9, 2026

Annual net income history

Net Income (bars) · Net Profit Margin % (line)

Net IncomeNet LossNet Margin %★ First Profit: 2011

▸ FMP /income-statement · Annual · MTL.TO net income history · MTL.TO profit margin

Annual net income data

MTL.TO · net income history · annual / quarterly

Fiscal YearNet IncomeYoY ChangeNet MarginRevenue

FY2025$91.1M▼ 18.8%4.3%$2.13B

FY2024$112.3M▼ 17.9%5.6%$1.99B

FY2023$136.7M▼ 13.8%6.8%$1.99B

FY2022$158.6M▲ +119.0%7.9%$2.00B

FY2021$72.4M▲ +13.2%4.9%$1.48B

Net income vs peers (Industrials)

MTL.TO vs peers · net income

#CompanyNet IncomeYoYNet MarginRelative

Space Exploration Technologies Corp.

SPCX

−$4.94B-724.1%-26.4%

Loss

Industrials · Sorted by Net Income · FMP /income-statementFull Net Income Rankings →

About Net Income & Methodology

Mullen Group Ltd. (MTL.TO) reported net income of $91.1M for FY2025 (fiscal year ending 2025-12-31), down 18.8% year-over-year. The net profit margin was 4.3% — meaning the company kept $0.04 of every dollar of revenue as profit.

Based on available data, Mullen Group Ltd. has been profitable since at least 2011. Net income reached a peak of $158.6M in FY2022. Data available for 15 fiscal years.

Mullen Group Ltd.'s net profit margin was 4.3% for FY2025, based on the latest annual results.

Investors sometimes search for "Mullen Group Ltd. net worth" — the company's market capitalization is a separate figure from MTL.TO net income. Data sourced from FMP /income-statement · US GAAP · USD.

Figures tie to SEC 10-K/10-Q and FMP /income-statement where noted.

Revenue Financial statements Earnings Forecast Price history Market cap Free cash flow

Frequently asked questions

MTL.TO net income · 5 questions

Mullen Group Ltd. is profitable. The company reported net income of $91.1M for FY2025, a net profit margin of 4.3%. Net income was down 18.8% year-over-year. Based on available data, Mullen Group Ltd. has been profitable since at least 2011.

is MTL.TO profitabledoes MTL.TO make a profitMTL.TO profitabilityMTL.TO profitable company

▸ Source: FMP /income-statement · GAAP · Mullen Group Ltd. · Mullen Group Ltd. SEC 10-K & 10-Q filings · US GAAP · Last updated: Jun 9, 2026