)
Edge6 Feb 2026
SharkNinja: Viral by Design
How SharkNinja built a repeatable growth engine, turning overlooked appliance categories into global brands through consumer insight and iteration.
Mullen Group
Mullen Group (MTL) investor relations material
Mullen Group Q4 2025 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Q4 2025 earnings summary12 Feb, 2026
Executive summary
2025 was a challenging year with no growth across all four segments, leading to pricing pressure and operational tightening.
Record revenues were achieved, supported by two acquisitions, despite a lack of organic growth.
Fourth quarter revenue reached a record $533.8 million, up 7.0% year-over-year, driven entirely by acquisitions amid a soft Canadian economy and weak private sector investment.
Operating income before depreciation and amortization (OIBDA) fell 13.6% to $73.4 million, with adjusted OIBDA down 2.5% to $74.7 million, reflecting margin pressure and higher costs.
Net income declined 22.8% to $14.6 million, or $0.16 per share, impacted by lower OIBDA, higher finance and amortization costs, and increased losses on asset sales.
Financial highlights
Full-year revenue rose 7.3% to $2,133.6 million, with acquisitions offsetting declines in existing business units.
Adjusted net income for the quarter was $13.5 million, down 52.6% year-over-year; adjusted EPS was $0.15, down 54.5%.
Net cash from operating activities for the quarter was $85.6 million, down 23.2% year-over-year.
Cash dividends declared per share increased 9.1% year-over-year to $0.84 for the full year.
Record revenues were reported for 2025, attributed mainly to acquisitions.
Outlook and guidance
2026 outlook projects approximately 10% top-line growth, with about 4% from 2025 acquisitions and the remainder expected from further M&A and some market recovery.
LTL segment expected to remain flat, logistics and warehousing to grow due to recent acquisitions, and specialized/industrial segments to see modest growth from CapEx and new projects.
Additional acquisitions are planned for 2026 to drive growth, leveraging a strong balance sheet.
Management expects recent acquisitions to be valuable contributors in future years, but notes ongoing economic softness and margin pressure.
Forward-looking statements are subject to risks related to the economy, energy sector, and integration of acquisitions.
Why is Canadian capacity tightening slower?
Accelerate water/fluid initiatives: What's the plan?
S&I segment growth drivers for 2026?
Partial view of Summaries dataset, powered by Quartr API
Research faster. Power your platform.
Next Mullen Group earnings date
Q1 202622 Apr, 2026
Mullen Group
Next Mullen Group earnings date
Q1 202622 Apr, 2026
The essential earnings season companion
The #1 app for qualitative research. Live earnings calls, AI chat, transcripts, and more. All for free.
Live calls and transcripts
Listen to earnings calls, CMDs, investor conferences, and more – with a podcast-like experience.
Find what you need faster
Search for any keyword across all transcripts simultaneously.
Easily store key findings
Capturing important takeaways is as simple as it gets. Even during your lunch run or commute.
Your watchlist. Your dashboard.
Follow the companies that matter to you. Get a personalized feed with real-time updates.
Be the first to know
Set keyword alerts for any company, product, or competitor. Get notified the moment they're mentioned.
Consensus estimates
Access analyst consensus estimates, valuation multiples, and revenue segments splits.
All IR material in one place
The easiest way to stay updated during earnings season.
Global coverage
All events from public companies. Live and recorded.
Just click and listen
No webcast links. No manual registrations.
excellent app, it gives me free access to company earnings calls and annual reports. I also love the convenience of calls being available offline so I can listen in whilst doing other things and even when internet or WiFi isn't available.
)
Leroy DaleyApp Store
One of the very few apps you could call perfect. If something was to add to it, maybe the share price of the company when you search for it, but it's already excellent.
)
Eferix Drawings Google Play
This is genuinely one of the cleanest and fastest finance apps out there to track the market.
anuj283App Store
excellent app, it gives me free access to company earnings calls and annual reports. I also love the convenience of calls being available offline so I can listen in whilst doing other things and even when internet or WiFi isn't available.
Leroy DaleyApp Store
One of the very few apps you could call perfect. If something was to add to it, maybe the share price of the company when you search for it, but it's already excellent.
Eferix Drawings Google Play
This is genuinely one of the cleanest and fastest finance apps out there to track the market.
anuj283App Store
I can't remember the last time an app had such a positive impact on my investment process.
)
@ankurshah47_ x.com
Love the app! Quartr makes it really easy to keep track of earnings calls. It also includes the reports and slides to make it easier to follow along.
Amina0781App Store
Quartr is amazing, no way around it. It is the best right now for earnings calls, presentations, and the like.
@theshortbearx.com
I can't remember the last time an app had such a positive impact on my investment process.
@ankurshah47_ x.com
Love the app! Quartr makes it really easy to keep track of earnings calls. It also includes the reports and slides to make it easier to follow along.
Amina0781App Store
Quartr is amazing, no way around it. It is the best right now for earnings calls, presentations, and the like.
@theshortbearx.com
)
)
Frequently asked questions
Mullen Group Ltd is a Canadian logistics company that provides transportation and specialized services to the oil and natural gas, mining, forestry, and construction industries. The company’s business segments include less-than-truckload, logistics and warehousing, and specialized and industrial services. Mullen Group Ltd is headquartered in Okotoks, Canada, and its shares are listed on the TSX.
Quartr provides global coverage of all investor relation material from public companies.
Mobile app: Research anytime, anywhere with the #1 app for live earnings calls, transcripts, analyst estimates, and more. All for free.
Desktop (Quartr Pro): The leading platform for qualitative research, used daily by top firms and financial institutions.
Quartr API: Build custom solutions powered by live earnings calls, live transcripts, filings and reports, slide presentations, and more.
Yes, the Quartr mobile app is free on both iOS and Android.
Yes. Quartr provides global, industry-leading live coverage of company events such as regular earnings calls, capital markets days, M&A announcements, and investor conferences. Live with zero delays. Just click and listen.
Yes, capturing important takeaways is as simple as it gets. Even during your lunch run or commute.
Yes. Follow the companies that matter to you. Get a personalized feed with real-time updates, a tailored earnings calendar, and instant alerts when earnings calls go live.
Yes. Set keyword alerts for any company, product, or competitor. Get notified the moment they're mentioned, regardless of who's talking.
Explore our global coverage