Mueller Industries, Inc.

MLI Industrials Metal Fabrication

Mueller Industries, Inc.’s revenue for fiscal 2025 (year ended December 2025) was $4.2 billion, up 10.9% from fiscal 2024. In the quarter to June 2026, revenue grew 25.5%, EPS grew 1.77% and free cash flow grew 7.23%, each against the same quarter a year earlier. Dividend growth for three consecutive years.

60.07 0.53 −0.87%
Market cap
$13.4B
P/E
15.4×
Fwd P/E
17.0×
Dividend yield
1.08%
F-score
7/9
Altman Z
19.20
Beneish M
−2.47
Dividend safety
88/100
Dec '16 Dec '17 Dec '18 Dec '19 Dec '20 Dec '21 Dec '22 Dec '23 Dec '24 Dec '25
P/E ratio
22.94 23.66 12.77 17.64 14.05 7.09 4.98 8.61 14.64 16.40
Piotroski F-Score
6 3 6 6 6 7 8 7 5 7
P/S ratio
1.12 0.90 0.53 0.73 0.82 0.88 0.82 1.52 2.35 3.01
Altman Z-Score
6.09 4.88 4.49 5.06 5.03 9.28 9.60 12.08 14.73 19.20
Altman Z″-Score (non-manufacturers)
8.27 5.79 5.80 6.27 6.50 10.51 13.54 15.18 13.92 15.42
P/FCF ratio
17.69 69.10 8.96 10.27 9.74 11.78 4.72 8.39 15.30 17.33
Beneish M-Score
(2.75) (2.45) (2.56) (2.83) (2.54) (1.62) (2.89) (2.66) (1.90) (2.47)
P/Operating CF
26.50 (212.98) 29.23 25.83 40.68 25.53 15.84 29.79 63.08 89.00
Dividend Safety Score
— — — — — — — — — 88
P/B ratio
2.47 3.79 2.35 2.68 2.45 2.65 1.81 2.20 3.15 3.88
Price to Tangible BV
2.98 5.59 3.78 3.95 3.53 3.25 2.05 2.40 4.04 4.74
EV/Sales
1.06 1.05 0.70 0.85 0.90 0.86 0.65 1.15 2.06 2.68
EV/EBITDA
11.50 12.85 8.22 8.79 7.45 4.62 2.83 4.92 9.45 10.88
EV/Operating CF
13.86 54.06 10.43 10.27 8.85 10.39 3.60 5.83 12.05 14.80
EV/FCF
16.74 80.81 11.82 11.94 10.77 11.48 3.75 6.34 13.47 15.41
Quick Ratio
2.77 1.51 1.49 1.57 1.40 1.46 3.04 5.11 3.79 4.52
Current Ratio
4.08 3.05 3.02 2.96 2.43 2.66 4.41 6.43 5.06 5.92
Net Debt/EBITDA
(0.65) 1.86 1.99 1.23 0.72 (0.12) (0.73) (1.59) (1.28) (1.35)
Debt/Assets
15.71% 35.23% 36.27% 28.17% 21.45% 0.11% 0.09% 0.04% 0.03% 0.00%
Debt/Equity
0.24 0.87 0.88 0.58 0.41 0.00 0.00 0.00 0.00 0.00
Asset Turnover
1.48 1.64 1.86 1.77 1.65 2.31 2.01 1.37 1.25 1.19
Operating CF/Net income
1.58 0.51 1.61 1.99 1.76 0.67 1.10 1.12 1.07 0.99
Capex/Depreciation
(0.76) (0.43) (0.50) (0.65) (0.97) (0.65) (0.68) (1.32) (1.28) (0.44)
Interest Coverage
20.90 7.73 6.86 7.45 12.77 85.08 1,082.90 619.21 1,879.00 8,875.39
ROE
11.10% 11.63% 19.00% 16.48% 19.07% 45.53% 42.87% 28.90% 23.43% 25.34%
ROA
7.16% 6.19% 7.77% 7.37% 9.62% 28.77% 33.15% 24.11% 20.00% 21.79%
ROIC
11.88% 10.70% 10.95% 12.59% 15.21% 35.01% 48.21% 43.33% 27.57% 32.45%
Return on Tangible Assets
10.28% 10.68% 12.43% 12.27% 16.18% 45.84% 42.03% 28.60% 28.41% 29.78%
Average Days of Receivables
45.51 39.43 39.79 40.54 54.42 45.69 34.86 37.52 43.59 41.54
Research and Development Expense of Revenue
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Selling, General and Administrative Expense of Revenue
6.61% 6.21% 5.94% 6.68% 6.65% 4.88% 5.10% 6.09% 6.02% 5.95%
Intangible Assets out of Total Assets
0.11 0.13 0.16 0.16 0.16 0.13 0.09 0.07 0.19 0.16
Share Based Compensation of Revenue
0.31% 0.33% 0.32% 0.36% 0.36% 0.26% 0.45% 0.68% 0.71% 0.64%
Graham Net Nets
0.17 (0.02) (0.08) (0.01) 0.05 0.16 0.34 0.32 0.17 0.16
Graham Number
6.44 4.47 5.05 5.48 7.10 16.25 23.23 25.38 27.71 34.12
Earnings Yield
4.36% 4.23% 7.83% 5.67% 7.12% 14.10% 20.07% 11.61% 6.83% 6.10%
Free Cash Flow Yield
5.65% 1.45% 11.17% 9.74% 10.27% 8.49% 21.16% 11.92% 6.54% 5.77%
Revenue per Share
9.08 9.95 11.04 10.89 10.74 16.82 17.85 15.35 16.92 19.08
Operating CF per Share
0.70 0.19 0.74 0.90 1.10 1.39 3.24 3.02 2.90 3.45
Capex per Share
(0.12) (0.06) (0.09) (0.13) (0.20) (0.13) (0.13) (0.24) (0.31) (0.14)
Free Cash Flow per Share
0.58 0.13 0.65 0.77 0.90 1.26 3.11 2.78 2.59 3.31
Cash per Share
1.55 0.53 0.32 0.44 0.53 0.39 3.04 5.69 4.75 6.35
Shareholders Equity per Share
4.14 2.35 2.48 2.97 3.59 5.61 8.13 10.58 12.59 14.78
Interest Debt per Share
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Book value per Share
4.14 2.35 2.48 2.97 3.59 5.61 8.13 10.58 12.59 14.78
Free Cash Flow
130.59 29.43 148.11 172.62 201.37 282.17 694.15 619.02 577.71 725.15
Working Capital
675.33 496.86 469.82 459.49 485.72 636.56 1,186.36 1,722.88 1,614.24 2,032.61
Capital Expenditures
(27.19) (14.57) (19.78) (27.92) (43.70) (29.53) (29.79) (53.75) (68.20) (30.30)
Net Current Asset Value
383.28 (45.03) (103.67) (15.03) 97.85 547.03 1,106.22 1,639.44 1,525.73 1,948.62
EV/EBIT
14.16 15.77 10.12 10.77 8.82 4.94 2.97 5.19 10.10 11.66
Capex to Sales
0.01 0.01 0.01 0.01 0.02 0.01 0.01 0.02 0.02 0.01
Price to Operating Income
14.96 13.48 7.67 9.26 7.97 5.07 3.74 6.87 11.47 13.11
Other line items
Depreciation/Fixed assets
0.12 0.11 0.11 0.12 0.12 0.12 0.12 0.11 0.10 0.13
Cash ROIC
8.62% 2.62% 13.08% 15.06% 16.14% 20.95% 27.82% 17.06% 14.95% 15.68%
Accounts Receivable Turnover
8.10 9.04 9.68 8.95 7.64 9.09 9.35 9.35 9.40 9.03
Accounts Payable Turnover
18.03 18.87 20.85 21.50 16.85 17.89 18.56 19.59 18.52 16.74
Inventory Turnover
7.16 6.81 6.54 6.55 6.48 7.89 6.52 5.87 6.47 6.10
Average Days of Payables
21.85 19.28 17.61 15.36 27.43 22.45 16.31 18.07 23.28 22.22
Days of Inventory on Hand
51.25 61.67 55.98 52.38 58.48 53.43 57.19 57.03 61.94 62.82
Average Receivables
253.93 250.54 259.11 271.68 313.74 414.70 426.11 365.96 400.84 462.84
Average Payables
95.61 102.84 103.13 94.70 116.69 164.27 154.40 124.24 147.11 177.16
Average Inventory
240.70 284.96 328.85 310.95 303.55 372.62 439.58 414.58 421.26 486.37
Average Assets
1,393.14 1,383.82 1,344.86 1,370.24 1,449.75 1,628.75 1,985.67 2,500.85 3,025.10 3,511.97
Average Common Equity
898.07 736.23 549.64 612.70 731.60 1,029.01 1,535.46 2,086.34 2,581.56 3,020.16

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