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Mueller Industries Q3 2023 Earnings Report

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$85.75 +2.33 (+2.79%)
Closing price 07/22/2025 03:58 PM Eastern
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$83.40 -2.35 (-2.74%)
As of 06:02 AM Eastern
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Mueller Industries EPS Results

Actual EPS
$1.17
Consensus EPS
$1.02
Beat/Miss
Beat by +$0.15
One Year Ago EPS
N/A

Mueller Industries Revenue Results

Actual Revenue
$819.70 million
Expected Revenue
$661.00 million
Beat/Miss
Beat by +$158.70 million
YoY Revenue Growth
-13.20%

Mueller Industries Announcement Details

Quarter
Q3 2023
Time
Before Market Opens
Conference Call Date
Tuesday, October 24, 2023
Conference Call Time
9:30AM ET

Mueller Industries Earnings Headlines

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About Mueller Industries

Mueller Industries (NYSE:MLI) (NYSE: MLI) is a diversified manufacturer and marketer of copper, brass, plastic and aluminum products for the plumbing, heating, ventilation and air conditioning (HVAC) and industrial markets. The company’s portfolio includes copper tube, fittings, valves, and fabricated products used in residential, commercial and industrial construction, as well as refrigeration components, coils, condensers and other HVAC system parts. Through its waterworks division, Mueller Industries also produces a range of water distribution and control products, such as fire hydrants, gate valves and related pipeline accessories.

Operating through three primary business segments—Plumbing & Refrigeration, Climate Equipment, and Industrial Metals—Mueller Industries serves customers across North America, Europe, Asia and the Middle East. Its manufacturing footprint comprises more than 70 facilities located in the United States, Canada, Mexico, the United Kingdom, China and the United Arab Emirates. By leveraging a combination of in-house tooling, strategic sourcing and focused research and development, the company delivers both standard and custom solutions that meet stringent quality and performance requirements.

Founded on the heritage of Mueller Copper Tube Company, which dates back to 1917, Mueller Industries was incorporated in 1971 and has grown through a series of strategic acquisitions and investments in manufacturing capabilities. Over the decades, the company has expanded its product offerings and geographic reach, adapting to evolving industry standards and customer needs. Mueller’s emphasis on operational efficiency and supply chain integration has supported steady revenue growth and fostered long-term relationships with distributors, contractors and original equipment manufacturers (OEMs).

Headquartered in Memphis, Tennessee, Mueller Industries is led by President and Chief Executive Officer David N. Moore, a member of the founding family who has guided the company’s strategic direction since 2007. Under his leadership, Mueller has prioritized innovation, sustainability and customer service, investing in advanced production technologies and quality systems. The company’s governance structure includes a board of directors with deep industry expertise, reinforcing its commitment to ethical practices, corporate responsibility and continuous improvement.

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