Mullen Group Ltd. (TSX:MTL)
Canada · Delayed Price · Currency is CAD 29.70
+0.94 (3.27%)
Oct 26, 2026, 4:00 PM EDT
Mullen Group Cash Flow Statement
Financials in millions CAD. Fiscal year is January - December.
Millions CAD. Fiscal year is Jan - Dec.
Operating Activities
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Sep '26 Sep 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Net Income | 123.1 | 91.11 | 112.26 | 136.72 | 158.62 | 72.44 |
Depreciation & Amortization | 152.77 | 146.39 | 130.93 | 115.91 | 112.54 | 113.99 |
Loss (Gain) From Sale of Assets | 3.07 | 3.53 | 0.52 | -1.7 | -27.87 | -0.29 |
Loss (Gain) From Sale of Investments | -5.11 | -0.11 | -0.68 | 0.25 | -2.94 | -1.17 |
Loss (Gain) on Equity Investments | -0.3 | 0.21 | -0.78 | -2.27 | -8.55 | -1.66 |
Stock-Based Compensation | 1.42 | 1.27 | 0.91 | 1.05 | 0.74 | 0.38 |
Other Operating Activities | 56.6 | 23.07 | 51.22 | 12.87 | 59.28 | 19.89 |
Change in Accounts Receivable | 29.08 | 29.08 | 12.19 | - | - | - |
Change in Inventory | 0.65 | 0.65 | 2.04 | - | - | - |
Change in Accounts Payable | 15.03 | 15.03 | -15.72 | - | - | - |
Change in Other Net Operating Assets | -86.58 | -4.24 | 3.23 | 13.92 | -28.85 | -5.62 |
Operating Cash Flow | 289.73 | 305.98 | 296.12 | 276.75 | 262.97 | 197.97 |
Operating Cash Flow Growth | -12.69% | 3.33% | 7.00% | 5.24% | 32.84% | -11.95% |
Investing Activities
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Sep '26 Sep 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Capital Expenditures | -75.65 | -95.82 | -71.51 | -101.6 | -81.41 | -68.2 |
Sale of Property, Plant & Equipment | 12.02 | 17.88 | 15.17 | 12.79 | 48.6 | 20.75 |
Cash Acquisitions | -20.23 | -181.62 | -59.06 | -25.63 | -25.57 | -207.53 |
Divestitures | - | - | - | - | 16.5 | - |
Sale (Purchase) of Intangibles | - | - | -0.05 | - | - | - |
Investment in Securities | 2.45 | 0.07 | 0.07 | 1.87 | - | - |
Other Investing Activities | 3.14 | 5.96 | 3.02 | 2.49 | 4.63 | -1.62 |
Investing Cash Flow | -73.67 | -251.24 | -111.9 | -109.89 | -36.99 | -255.59 |
Financing Activities
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Sep '26 Sep 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Short-Term Debt Issued | - | - | - | 50.2 | - | 89.05 |
Long-Term Debt Issued | - | 390.88 | 399.26 | - | - | - |
Total Debt Issued | -0.04 | 390.88 | 399.26 | 50.2 | - | 89.05 |
Short-Term Debt Repaid | - | - | -73 | - | -66.25 | - |
Long-Term Debt Repaid | - | -292.24 | -259.79 | -52 | -31.8 | -17.58 |
Lease Payments | -49.07 | -48.56 | -39.8 | -28.09 | -23.26 | -17.53 |
Total Debt Repaid | -56.95 | -292.24 | -332.79 | -52 | -98.04 | -17.58 |
Net Debt Issued (Repaid) | -56.99 | 98.63 | 66.46 | -1.8 | -98.04 | 71.47 |
Issuance of Common Stock | 10.02 | 2.28 | 0.93 | - | - | - |
Repurchase of Common Stock | -1.03 | -11.46 | -6.49 | -72.05 | -22.92 | -44.33 |
Common Dividends Paid | -79.41 | -73.96 | -66.76 | -64.77 | -61.56 | -45.13 |
Other Financing Activities | -32.02 | -59.44 | -45.75 | -35.43 | -32.61 | -28.29 |
Financing Cash Flow | -159.43 | -43.95 | -51.61 | -174.05 | -215.14 | -46.29 |
Net Cash Flow
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Sep '26 Sep 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Foreign Exchange Rate Adjustments | 6.08 | 7.56 | -8.62 | 0.73 | -2.08 | -1.43 |
Net Cash Flow | 62.71 | 18.35 | 123.99 | -6.46 | 8.76 | -105.34 |
Free Cash Flow
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Sep '26 Sep 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Free Cash Flow | 214.08 | 210.16 | 224.6 | 175.15 | 181.56 | 129.76 |
Free Cash Flow Growth | -12.52% | -6.43% | 28.24% | -3.53% | 39.92% | -18.83% |
Free Cash Flow Margin | 9.13% | 9.85% | 11.29% | 8.78% | 9.08% | 8.78% |
Free Cash Flow Per Share | 2.21 | 2.18 | 2.31 | 1.77 | 1.77 | 1.35 |
Levered Free Cash Flow | 165.84 | 136.16 | 177.95 | 79.23 | 127.78 | 79.76 |
Unlevered Free Cash Flow | 203.71 | 174.22 | 208.15 | 102.88 | 149.93 | 99.01 |
Free Cash Flow After Leases | 165.02 | 161.6 | 184.8 | 147.06 | 158.3 | 112.24 |
Additional Metrics
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Sep '26 Sep 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Cash Interest Paid | 58.58 | 59.13 | 45.72 | 35.37 | 32.76 | 28.28 |
Cash Income Tax Paid | 35.17 | 45.02 | 45.4 | 66.23 | 39.48 | 34.56 |
Change in Working Capital | -41.82 | 40.52 | 1.74 | 13.92 | -28.85 | -5.62 |