MLI · Mueller Industries Inc - Financials
Annual line items from SEC XBRL filings, sourced from EDGAR's Company Facts API with fallback to the quarterly Financial Statement Data Sets. See issuer overview for Form 4 activity and 10-K signals.
Income Statement
| Line item | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $1.19B | - | $1.08B | $1.14B | $1.00B | - | $997.83M | $997.75M | $849.65M | - |
| Cost of Revenue | - | - | - | - | - | - | - | - | - | - |
| Gross Profit | - | - | - | - | - | - | - | - | - | - |
| R&D | - | - | - | - | - | - | - | - | - | - |
| SG&A | $66.78M | - | $61.66M | $67.52M | $63.06M | - | $59.62M | $52.73M | $48.36M | - |
| Total Operating Expenses | - | - | - | - | - | - | - | - | - | - |
| D&A | $16.65M | - | $16.61M | $17.91M | $17.12M | - | $11.71M | $10.02M | $9.17M | - |
| Operating Income | $312.23M | - | $276.12M | $304.17M | $206.26M | - | $206.70M | $210.01M | $183.43M | - |
| Interest Expense | $0 | - | $6.0K | $17.0K | $25.0K | - | $113.0K | $107.0K | $115.0K | - |
| Income Tax | $79.56M | - | $73.90M | $78.86M | $51.48M | - | $49.19M | $58.38M | $51.83M | - |
| Net Income | $239.02M | - | $208.12M | $245.92M | $157.43M | - | $168.70M | $160.16M | $138.36M | - |
| EPS - Basic | $2.19 | - | $1.91 | $2.26 | $1.42 | - | $1.51 | $1.44 | $1.24 | - |
| EPS - Diluted | $2.16 | - | $1.88 | $2.22 | $1.39 | - | $1.48 | $1.41 | $1.21 | - |
Balance Sheet
| Line item | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash & Equivalents | $1.38B | $1.37B | $1.26B | $1.00B | $830.10M | $1.04B | $965.12M | $825.65M | $1.36B | $1.17B |
| Accounts Receivable | $670.51M | $475.57M | $556.63M | $592.56M | $553.11M | $450.11M | $500.62M | $522.57M | $424.41M | $351.56M |
| Inventory | $545.45M | $510.46M | $510.01M | $511.73M | $482.15M | $462.28M | $400.25M | $406.22M | $356.87M | $380.25M |
| Accounts Payable | $243.54M | $180.58M | $187.56M | $212.48M | $223.61M | $173.74M | $183.51M | $198.54M | $160.13M | $120.48M |
| Current Assets | $2.67B | $2.45B | $2.43B | $2.21B | $1.96B | $2.01B | $1.92B | $1.80B | $2.18B | $2.04B |
| Total Assets | $3.94B | $3.73B | $3.70B | $3.49B | $3.23B | $3.29B | $3.21B | $3.07B | $2.89B | $2.76B |
| Current Liabilities | $499.28M | $413.13M | $503.25M | $455.96M | $456.37M | $397.99M | $393.99M | $387.23M | $361.28M | $317.14M |
| Long-term Debt | - | - | $0 | $0 | $0 | $0 | $19.0K | $74.0K | $130.0K | $185.0K |
| Total Liabilities | $581.53M | $497.12M | $600.74M | $546.82M | $544.21M | $486.50M | $497.50M | $493.33M | $445.87M | $400.58M |
| Stockholders' Equity | $3.33B | $3.21B | $3.07B | $2.92B | $2.67B | $2.77B | $2.68B | $2.55B | $2.42B | $2.34B |
| Retained Earnings | $3.96B | $3.76B | $3.64B | $3.46B | $3.24B | $3.11B | $2.99B | $2.85B | $2.71B | $2.59B |
Cash Flow
| Line item | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | $79.74M | - | - | - | $113.56M | - | - | - | $173.63M | - |
| Investing Cash Flow | $38.94M | - | - | - | ($23.44M) | - | - | - | $70.44M | - |
| Financing Cash Flow | ($115.22M) | - | - | - | ($287.67M) | - | - | - | ($52.81M) | - |
| CapEx | $17.24M | - | - | - | $16.59M | - | - | - | $16.41M | - |
| Free Cash Flow | $62.51M | - | - | - | $96.97M | - | - | - | $157.22M | - |
Ratios
| Metric | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Profitability | ||||||||||
| Gross margin | - | - | - | - | - | - | - | - | - | - |
| Operating margin | 26.2% | - | 25.6% | 26.7% | 20.6% | - | 20.7% | 21.0% | 21.6% | - |
| EBITDA margin | 27.6% | - | 27.2% | 28.3% | 22.3% | - | 21.9% | 22.1% | 22.7% | - |
| Net margin | 20.0% | - | 19.3% | 21.6% | 15.7% | - | 16.9% | 16.1% | 16.3% | - |
| Free cash flow margin | 5.2% | - | - | - | 9.7% | - | - | - | 18.5% | - |
| FCF / Net income | 0.26 | - | - | - | 0.62 | - | - | - | 1.14 | - |
| R&D / Revenue | - | - | - | - | - | - | - | - | - | - |
| SG&A / Revenue | 5.6% | - | 5.7% | 5.9% | 6.3% | - | 6.0% | 5.3% | 5.7% | - |
| Effective tax rate | 25.0% | - | 26.2% | 24.3% | 24.6% | - | 22.6% | 26.7% | 27.3% | - |
| Return on assets | 6.1% | - | 5.6% | 7.1% | 4.9% | - | 5.3% | 5.2% | 4.8% | - |
| Return on equity | 7.2% | - | 6.8% | 8.4% | 5.9% | - | 6.3% | 6.3% | 5.7% | - |
| Return on invested capital | - | - | 6.6% | 7.9% | 5.8% | - | 6.0% | 6.0% | 5.5% | - |
| Liquidity | ||||||||||
| Current ratio | 5.35 | 5.92 | 4.82 | 4.86 | 4.29 | 5.06 | 4.86 | 4.66 | 6.05 | 6.43 |
| Quick ratio | 4.26 | 4.68 | 3.81 | 3.73 | 3.24 | 3.89 | 3.85 | 3.61 | 5.06 | 5.23 |
| Cash ratio | 2.77 | 3.31 | 2.51 | 2.20 | 1.82 | 2.61 | 2.45 | 2.13 | 3.76 | 3.69 |
| Leverage | ||||||||||
| Debt / Equity | - | - | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Debt / Assets | - | - | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Debt / EBITDA | - | - | 0.00 | 0.00 | 0.00 | - | 0.00 | 0.00 | 0.00 | - |
| Interest coverage | - | - | 46019.2x | 17892.2x | 8250.5x | - | 1829.2x | 1962.7x | 1595.0x | - |
| Equity multiplier | 1.18 | 1.16 | 1.20 | 1.20 | 1.21 | 1.19 | 1.20 | 1.20 | 1.19 | 1.18 |
| Liabilities / Assets | 0.15 | 0.13 | 0.16 | 0.16 | 0.17 | 0.15 | 0.16 | 0.16 | 0.15 | 0.15 |
| Efficiency | ||||||||||
| Asset turnover | 0.30 | - | 0.29 | 0.33 | 0.31 | - | 0.31 | 0.33 | 0.29 | - |
| Inventory turnover | - | - | - | - | - | - | - | - | - | - |
| Days sales outstanding | 205d | - | 189d | 190d | 202d | - | 183d | 191d | 182d | - |
| Days inventory outstanding | - | - | - | - | - | - | - | - | - | - |
| Days payable outstanding | - | - | - | - | - | - | - | - | - | - |
| Cash conversion cycle | - | - | - | - | - | - | - | - | - | - |
| Valuation | ||||||||||
| P / E | 50.2x | - | 53.9x | 35.9x | 55.1x | - | 48.7x | 40.4x | 44.6x | - |
| P / B | 3.6x | - | 3.7x | 3.0x | 3.2x | - | 3.1x | 2.5x | 2.5x | - |
| P / S | 10.1x | - | 10.4x | 7.8x | 8.7x | - | 8.2x | 6.5x | 7.2x | - |
| EV / EBITDA | 32.4x | - | 34.1x | 24.3x | 35.1x | - | 33.1x | 25.7x | 24.9x | - |
| Growth | ||||||||||
| Revenue growth (YoY) | 19.3% | - | 8.0% | 14.1% | 17.7% | - | 21.7% | 11.2% | -12.5% | - |
| Revenue CAGR (3y) | 7.1% | - | 4.5% | -0.3% | -0.3% | - | 0.5% | -0.5% | 1.3% | - |
| Revenue CAGR (5y) | 7.8% | - | 11.7% | 17.9% | 10.7% | - | 10.4% | 8.4% | 6.8% | - |
| Gross profit growth (YoY) | - | - | - | - | - | - | - | - | - | - |
| Operating income growth (YoY) | 51.4% | - | 33.6% | 44.8% | 12.5% | - | 14.2% | -0.3% | -19.9% | - |
| Net income growth (YoY) | 51.8% | - | 23.4% | 53.5% | 13.8% | - | 27.1% | -9.9% | -20.1% | - |
| EPS growth (YoY) | 55.4% | - | 27.0% | 57.4% | 14.9% | - | 26.5% | -54.8% | -60.6% | - |
| EPS CAGR (3y) | -11.1% | - | -11.8% | -15.3% | -20.6% | - | -21.1% | -9.8% | 2.9% | - |
| EPS CAGR (5y) | 14.2% | - | 19.9% | 34.7% | 19.5% | - | 23.3% | 23.0% | 34.0% | - |
| FCF growth (YoY) | -35.5% | - | - | - | -38.3% | - | - | - | 51.1% | - |
| FCF CAGR (5y) | - | - | - | - | 54.7% | - | - | - | - | - |
| Book value growth (YoY) | 25.1% | 15.8% | 14.6% | 14.5% | 10.0% | 18.6% | 20.6% | 20.3% | 23.5% | 30.5% |
Sales by segment
From XBRL dimensional facts in the 10-K period ending 2025-12-27.
Business segments
$4.23B totalPiping Systems$2.71B · 64.0%
Industrial Metals$1.02B · 24.2%
Climate$497.93M · 11.8%
Product / service
$4.10B totalTube And Fittings$2.22B · 54.1%
Brass Rod Forgings Wire And Cable$886.58M · 21.6%
Valves And Plumbing Specialties$491.76M · 12.0%
Flex Duct And Other HVACComponents$366.18M · 8.9%
OEMComponents Valves Tube And Assemblies$77.97M · 1.9%
Other Products$59.09M · 1.4%
Geographic
$4.18B totalUS$3.29B · 78.6%
CA$347.74M · 8.3%
GB$283.28M · 6.8%
Asia And Middle East$186.62M · 4.5%
MX$75.46M · 1.8%
Peer comparison
Same SIC group: Rolling Drawing & Extruding of Nonferrous Metals
Comparing MUELLER INDUSTRIES INC against the 5 most active filers in the same SIC group.
Dividends
$1.10/share trailing 12 months · +29.4% YoY
| Ex-date | Per share |
|---|---|
| Mar 13, 2026 | $0.3500 |
| Dec 5, 2025 | $0.2500 |
| Sep 5, 2025 | $0.2500 |
| Jun 6, 2025 | $0.2500 |
| Mar 14, 2025 | $0.2500 |
| Dec 6, 2024 | $0.2000 |
| Sep 6, 2024 | $0.2000 |
| Jun 7, 2024 | $0.2000 |
| Mar 14, 2024 | $0.2000 |
| Nov 30, 2023 | $0.1500 |
| Aug 31, 2023 | $0.1500 |
| Jun 1, 2023 | $0.1500 |
| Mar 16, 2023 | $0.1500 |
| Dec 1, 2022 | $0.1250 |
| Sep 1, 2022 | $0.1250 |
| Jun 2, 2022 | $0.1250 |
| Mar 17, 2022 | $0.1250 |
| Dec 2, 2021 | $0.0650 |
| Sep 2, 2021 | $0.0650 |
| Jun 3, 2021 | $0.0650 |
| Mar 18, 2021 | $0.0650 |
| Dec 3, 2020 | $0.0500 |
| Sep 3, 2020 | $0.0500 |
| Jun 4, 2020 | $0.0500 |