MLINYSERolling Drawing & Extruding of Nonferrous MetalsFiscal year ends December 26
MUELLER INDUSTRIES INC
Financials through Q2 FY2026, quarter ended Jun 27, 2026Last filing: 10-Q on Jul 22, 2026
$60.82+0.75 (+1.25%)
Close on Oct 19, 2026
- Market cap
- $13.45B
- P/E (TTM)
- 15.8
- Dividend yield
- 0.82%
Margins
Share of revenue, fiscal years 2011 to 2025
Gross margin
29.0%+11.0 pts over 5 years
Operating margin
22.9%+12.7 pts over 5 years
Net margin
18.3%+12.5 pts over 5 years
Growth rates
Compound annual growth to fiscal 2025
| Per year | 1 year | 3 years | 5 years | 10 years | Five-year pace |
|---|---|---|---|---|---|
| Revenue | +10.9% | +1.6% | +11.7% | +7.1% | |
| Gross profit | +16.1% | +2.8% | +22.9% | +15.4% | |
| Operating income | +24.4% | +3.0% | +31.3% | +21.5% | |
| Net income | +26.5% | +5.1% | +40.6% | +24.2% | |
| EPS, diluted | +29.2% | +5.6% | +40.9% | +24.4% | |
| Free cash flow | +21.4% | +0.0% | +27.8% | +18.0% | |
| Dividend per share | +25.0% | +26.0% | +38.0% | +20.9% |
Returns and balance sheet
10 fiscal years. Hover a measure to see how it is calculated.
| Measure | FY2016 | FY2020 | FY2025 | Trend |
|---|---|---|---|---|
| Return on equity | 11.6% | 19.6% | 25.6% | |
| Return on assets | 7.2% | 9.6% | 21.8% | |
| Current ratio | 4.08 | 2.43 | 5.92 | |
| Debt to equity | 0.25 | 0.42 | 0.00 | |
| Net debt to EBITDA | -0.70× | 0.69× | -1.33× | |
| Interest coverage | 20.9× | 12.8× | 8875.4× | |
| Inventory turnover | 7.2× | 6.5× | 6.1× | |
| Capex to revenue | 1.8% | 1.8% | 1.6% | |
| Diluted shares | 229M | 226M | 223M |
Where the cash went
Fiscal 2021 to 2025, five years combined
Mueller Industries generated $3.11B from operations and spent $976.97M on capital expenditure, dividends and share buybacks. 28% of that went back into the business.
Generated
$3.11B
Used
$976.97M
Capital expenditure$272.51M28%Dividends$349.95M36%Share buybacks$354.52M36%
DuPont analysis
Return on equity split into margin, efficiency and leverage
Net margin18.3%
×Asset turnover1.19×
×Equity multiplier1.17×
=Return on equity, FY202525.6%
| Fiscal year | Net margin | Asset turnover | Equity multiplier | Return on equity |
|---|---|---|---|---|
| FY2025 | 18.3% | 1.19× | 1.17× | 25.6% |
| FY2024 | 16.0% | 1.25× | 1.18× | 23.7% |
| FY2023 | 17.6% | 1.37× | 1.21× | 29.2% |
| FY2022 | 16.5% | 2.01× | 1.32× | 43.7% |
| FY2021 | 12.4% | 2.31× | 1.63× | 46.9% |
| FY2020 | 5.8% | 1.65× | 2.04× | 19.6% |
| FY2019 | 4.2% | 1.77× | 2.30× | 16.9% |
| FY2018 | 4.2% | 1.86× | 2.51× | 19.5% |
| FY2017 | 3.8% | 1.64× | 1.95× | 12.0% |
| FY2016 | 4.9% | 1.48× | 1.61× | 11.6% |
Piotroski F-Score
Nine tests of profitability, balance sheet and efficiency, fiscal 2025 against fiscal 2024
6of 9 tests passed in fiscal 2025. Scores of 7 to 9 are usually read as strong.
- ProfitableNet income above zero$765.19M
- Cash generatingOperating cash flow above zero$755.44M
- Return on assets improvedROA up on the prior year21.9% → 23.3%
- Earnings backed by cashOperating cash flow above net income$755.44M vs $765.19M
- Less leverageLong-term debt to assets fell0.0% → 0.0%
- Better liquidityCurrent ratio rose5.06 → 5.92
- No dilutionShare count did not rise228M → 223M
- Gross margin improvedGross margin up on the prior year27.71% → 29.02%
- More efficientAsset turnover rose1.37 → 1.27