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.

Revenue
+31.6%
EPS
+6.81%
Free cash flow
+1.90%
Total debt
+379.3%

Quarter to September 2026, against a year earlier

52.58 2.62 −4.75%
Market cap
$11.4B
P/E
13.2×
Fwd P/E
13.4×
Dividend yield
1.24%
F-score
7/9
Altman Z
19.20
Beneish M
−2.47
Dividend safety
88/100

Mueller Industries, Inc. (MLI) Gross margin

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Mueller Industries, Inc.'s gross margin over the twelve months to 30 September 2026 was 27.3%, down 1.8 percentage points from fiscal 2025 (29.0%). Over the past ten years it has ranged from 13.8% (fiscal 2015) to 29.0% (fiscal 2025) — the current reading is the highest in ten years. That is above the Metal Fabrication industry median of 21.6% and below the Industrials sector median of 30.6%.

Gross margin, annual

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Annual newest first

Period Gross margin Change (points)
FY2025 29.0% 1.31
FY2024 27.7% (1.14)
FY2023 28.9% 0.79
FY2022 28.1% 6.03
FY2021 22.0% 4.02
FY2020 18.0% 1.76
FY2019 16.3% 2.00
FY2018 14.3% (0.11)
FY2017 14.4% (1.80)
FY2016 16.2% 2.34

Quarterly newest first

Period Gross margin Change (points)
Sep 2026 25.5% (2.21)
Jun 2026 27.7% (2.36)
Mar 2026 30.1% 4.30
Dec 2025 25.8% (5.76)
43 more quarters

Against its own ten years

Low 13.8% High 29.0%
Ten-year median 18.0%
Current reading's percentile 65

Gross margin against peers

Company Gross margin
GPGI CompoSecure, Inc. compare 51.0%
PRLB Proto Labs, Inc. compare 45.2%
ESAB ESAB Corporation compare 37.6%
CRS Carpenter Technology Corporation compare 31.2%
MLI Mueller Industries, Inc. 27.3%
WOR Worthington Enterprises, Inc. compare 27.2%
ATI ATI Inc. compare 24.5%
CMC Commercial Metals Company compare 18.7%
RYZ Ryerson Holding Corporation compare 17.3%
Metal Fabrication industry median 21.6%
Industrials sector median 30.6%
Market median 45.1%

What Gross margin is

Gross Margin tells an investor how much of each sale a company keeps after paying the direct costs of making or buying what it sells.

Gross Profit ÷ Revenue

The full definition of Gross margin →

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