Saturday 17 October 2026
Export MLI’s income statement to Excel — free account
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%
Follow MLI
Target Price Range
Analyst price targets
Free accountTen years at a glance Fiscal years to December
| Group | Line | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Trend | 2026e | 2027e | 2028e |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Price, $ | |||||||||||||||
| Price, $ | Low | 5.77 | 6.93 | 5.37 | 5.63 | 4.20 | 8.51 | 12.36 | 14.59 | 22.20 | 33.42 |
Analyst estimates 2026–2028 Powerpack |
|||
| High | 10.32 | 10.99 | 9.39 | 8.56 | 9.17 | 15.77 | 17.61 | 24.35 | 48.41 | 59.46 | |||||
| People | |||||||||||||||
| People | Employees | 4,244 | 4,125 | 5,134 | 4,964 | 5,007 | 5,337 | 5,137 | 4,509 | 5,168 | 4,832 | ||||
| Revenue/emp, $m | 0.48 | 0.55 | 0.49 | 0.49 | 0.48 | 0.71 | 0.78 | 0.76 | 0.73 | 0.86 | |||||
| Income, $m | |||||||||||||||
| Income, $m | Revenue | 2,056 | 2,266 | 2,508 | 2,431 | 2,398 | 3,769 | 3,982 | 3,420 | 3,769 | 4,179 | ||||
| Gross margin, % | 16.16 | 14.36 | 14.25 | 16.25 | 18.01 | 22.03 | 28.06 | 28.85 | 27.71 | 29.02 | |||||
| EBT | 146 | 127 | 150 | 166 | 209 | 641 | 876 | 845 | 820 | 1,012 | |||||
| EBT margin, % | 7.10 | 5.60 | 6.00 | 6.83 | 8.72 | 17.01 | 22.00 | 24.71 | 21.77 | 24.23 | |||||
| Net income | 100 | 87 | 107 | 106 | 144 | 475 | 663 | 610 | 618 | 774 | |||||
| Depreciation | 36 | 34 | 40 | 43 | 45 | 46 | 44 | 41 | 53 | 69 | |||||
| Per share, $ | |||||||||||||||
| Per share, $ | Revenue | 9.08 | 9.95 | 11.04 | 10.89 | 10.74 | 16.82 | 17.85 | 15.35 | 16.92 | 19.08 | ||||
| Earnings | 0.44 | 0.38 | 0.46 | 0.45 | 0.63 | 2.09 | 2.95 | 2.71 | 2.72 | 3.50 | |||||
| Cash flow | 0.70 | 0.19 | 0.74 | 0.90 | 1.10 | 1.39 | 3.24 | 3.02 | 2.90 | 3.45 | |||||
| Capex | (0.12) | (0.06) | (0.09) | (0.13) | (0.20) | (0.13) | (0.13) | (0.24) | (0.31) | (0.14) | |||||
| Free cash flow | 0.58 | 0.13 | 0.65 | 0.77 | 0.90 | 1.26 | 3.11 | 2.78 | 2.59 | 3.31 | |||||
| Book value | 4.14 | 2.35 | 2.48 | 2.97 | 3.59 | 5.61 | 8.13 | 10.58 | 12.59 | 14.78 | |||||
| Shares, m | 226 | 228 | 227 | 223 | 223 | 224 | 223 | 223 | 223 | 219 | |||||
| Valuation, × | |||||||||||||||
| Valuation, × | P/E | 22.94 | 23.66 | 12.77 | 17.64 | 14.05 | 7.09 | 4.98 | 8.61 | 14.64 | 16.40 | ||||
| P/S | 1.12 | 0.90 | 0.53 | 0.73 | 0.82 | 0.88 | 0.82 | 1.52 | 2.35 | 3.01 | |||||
| P/B | 2.47 | 3.79 | 2.35 | 2.68 | 2.45 | 2.65 | 1.81 | 2.20 | 3.15 | 3.88 | |||||
| EV/Sales | 1.06 | 1.05 | 0.70 | 0.85 | 0.90 | 0.86 | 0.65 | 1.15 | 2.06 | 2.68 | |||||
| EV/FCF | 16.74 | 80.81 | 11.82 | 11.94 | 10.77 | 11.48 | 3.75 | 6.34 | 13.47 | 15.41 | |||||
| Cash, $m | |||||||||||||||
| Cash, $m | Operating cash flow | 158 | 44 | 168 | 201 | 245 | 312 | 724 | 673 | 646 | 755 | ||||
| Capex | (27) | (15) | (20) | (28) | (44) | (30) | (30) | (54) | (68) | (30) | |||||
| Free cash flow | 131 | 29 | 148 | 173 | 201 | 282 | 694 | 619 | 578 | 725 | |||||
| Balance, $m | |||||||||||||||
| Balance, $m | Working capital | 675 | 497 | 470 | 459 | 486 | 637 | 1,186 | 1,723 | 1,614 | 2,033 | ||||
| Total debt | 227 | 465 | 497 | 386 | 328 | 2 | 2 | 1 | 1 | — | |||||
| Net debt | (124) | 345 | 424 | 288 | 209 | (86) | (677) | (1,268) | (1,058) | (1,390) | |||||
| Shareholders’ equity | 936 | 536 | 563 | 662 | 801 | 1,257 | 1,814 | 2,359 | 2,804 | 3,236 | |||||
| Returns, % | |||||||||||||||
| Returns, % | 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 | |||||
| ROE | 11.10 | 11.63 | 19.00 | 16.48 | 19.07 | 45.53 | 42.87 | 28.90 | 23.43 | 25.34 | |||||
Negative figures in brackets.
Fiscal years to Dec 2025 · latest quarter Jun 2026
Charts ten years each
Mueller Industries, Inc. vs peers in Metal Fabrication (Q) = latest quarter vs a year earlier
| Company | Market cap | P/E | Fwd P/E | Revenue growth (Q) | EPS growth (Q) | FCF growth (Q) | Gross margin (Q) | EBIT margin (Q) | Compare |
|---|---|---|---|---|---|---|---|---|---|
| ATI ATI Inc. | $25.8B | 53.3× | 41.5× | +10.58% (above 0%: growing) | +54.17% (above 0%: growing) | −23.13% (below 0%: shrinking) | 24.57% | 17.45% | Compare |
| CRS Carpenter Technology Corporation | $18.9B | 35.6× | 39.0× | +12.63% (above 0%: growing) | +45.74% (above 0%: growing) | −23.04% (below 0%: shrinking) | 31.61% | 24.32% | Compare |
| MLI Mueller Industries, Inc. | $13.4B | 15.4× | 17.0× | +25.46% (above 0%: growing) | +1.77% (above 0%: growing) | +7.23% (above 0%: growing) | 27.69% | 21.71% | |
| CMC Commercial Metals Company | $7.2B | 11.0× | 12.4× | +25.72% (above 0%: growing) | +41.32% (above 0%: growing) | +21.76% (above 0%: growing) | 18.87% | 10.18% | Compare |
| ESAB ESAB Corporation | $4.1B | 23.4× | 19.9× | +12.86% (above 0%: growing) | −54.55% (below 0%: shrinking) | −58.05% (below 0%: shrinking) | 38.04% | 9.75% | Compare |
| GPGI CompoSecure, Inc. | $3.7B | — (loss-making) | 15.1× | −99.98% (below 0%: shrinking) | n/m | 0.00% | 195.83% | 0.00% | Compare |
| WOR Worthington Enterprises, Inc. | $3.1B | 19.1× | 14.8× | +13.23% (above 0%: growing) | +23.94% (above 0%: growing) | +97.40% (above 0%: growing) | 26.43% | 3.79% | Compare |
| PRLB Proto Labs, Inc. | $2.1B | 67.4× | 55.0× | +10.57% (above 0%: growing) | +100.00% (above 0%: growing) | +1.35% (above 0%: growing) | 46.43% | 7.61% | Compare |
| RYZ Ryerson Holding Corporation | $1.4B | — (loss-making) | — (loss-making) | +71.57% (above 0%: growing) | +400.00% (above 0%: growing) | −67.35% (below 0%: shrinking) | 17.71% | 1.71% | Compare |
| Median of peers | $3.9B | 29.5× | 19.9× | +12.75% | +45.74% | −11.52% | 29.02% | 8.68% |
Mueller Industries, Inc. (MLI) key facts
- Strength: Mueller Industries, Inc.’s revenue for fiscal 2025 (year ended December 2025) was $4.2 billion, up 10.9% from fiscal 2024.
- Strength: Net income was $773.6 million, or $3.50 per share (basic), a net margin of 18.3%.
- Mueller Industries, Inc. (MLI) is a Metal Fabrication company in the Industrials sector, listed on the New York Stock Exchange.
- As of October 16, 2026, MLI traded at $60.07, a market capitalization of $13.4 billion.
- At that price the stock trades at 15.4× trailing-twelve-month earnings and 2.8× sales; its P/E is higher than 52% of its own readings over the past ten years.
- Mueller Industries, Inc. pays an annual dividend of $0.65 per share, a yield of 1.08%, with a payout ratio of 16.9%.
- Return on equity was 25.3% and debt-to-equity 0.00.
- Its Piotroski F-score is 7 out of 9 and its Altman Z-score is 19.20 (safe zone) for fiscal 2025.
Mueller Industries, Inc. (MLI) Latest News
No news at this impact. Lower the threshold for more.