Mueller Industries (MLI) Financials

$77.81 -0.69 (-0.88%)

As of 05/20/2025 03:59 PM Eastern

Annual Income Statements for Mueller Industries

This table shows Mueller Industries' income and expenses over time, based on annual financial data. All values are USD millions unless otherwise specified.

Metric	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
Period end date	12/28/2024	12/30/2023	12/31/2022	12/25/2021	12/26/2020	12/28/2019	12/29/2018	12/30/2017	12/31/2016	12/26/2015
Net Income / (Loss) Attributable to Common Shareholders	605	603	658	469	139	101	104	86	100	88
Consolidated Net Income / (Loss)	618	610	663	475	144	106	107	87	100	88
Net Income / (Loss) Continuing Operations	618	610	663	475	144	106	107	87	100	88
Total Pre-Tax Income	820	845	876	641	209	166	150	127	146	132
Total Operating Income	770	756	877	656	246	191	173	151	154	137
Total Gross Profit	1,044	987	1,118	830	432	395	357	325	332	290
Total Revenue	3,769	3,420	3,982	3,769	2,398	2,431	2,508	2,266	2,056	2,100
Operating Revenue	3,769	3,420	3,982	3,769	2,398	2,431	2,508	2,266	2,056	2,100
Total Cost of Revenue	2,724	2,434	2,865	2,939	1,966	2,036	2,150	1,941	1,723	1,810
Operating Cost of Revenue	2,724	2,434	2,865	2,939	1,966	2,036	2,150	1,941	1,723	1,810
Total Operating Expenses	280	231	247	175	186	205	185	175	178	153
Selling, General & Admin Expense	227	208	203	184	159	162	149	141	136	130
Depreciation Expense	53	40	44	45	45	43	40	34	35	35
Other Operating Expenses / (Income)	0.00	-4.14	0.00	-58	0.00	0.00	-	0.00	0.00	-12
Impairment Charge	0.00	6.26	0.00	2.83	3.77	0.00	0.00	1.47	6.78	0.00
Other Special Charges / (Income)	0.00	-19	0.00	0.00	-22	-0.49	-3.93	-1.49	0.00	-
Total Other Income / (Expense), net	49	82	-1.12	-9.03	-37	-25	-23	-24	-8.37	-5.48
Interest Expense	0.41	1.22	0.81	7.71	19	26	25	20	7.39	7.67
Interest & Investment Income	54	80	9.38	0.35	-	-	-1.32	-	-	-
Other Income / (Expense), net	-5.16	2.79	-9.68	-1.68	-17	0.36	3.97	-4.33	-0.98	2.19
Income Tax Expense	205	221	223	166	55	35	31	38	48	43
Other Gains / (Losses), net	2.16	-15	10	-0.16	-10	-25	-13	-2.08	1.86	0.00
Net Income / (Loss) Attributable to Noncontrolling Interest	13	6.75	4.50	6.60	4.16	5.26	2.36	1.41	0.03	0.54
Basic Earnings per Share	$5.43	$5.41	$5.90	$4.18	$2.50	$1.81	$1.84	$1.50	$1.76	$1.56
Weighted Average Basic Shares Outstanding	111.39M	111.42M	111.56M	112.02M	55.82M	55.80M	56.78M	56.93M	56.57M	56.32M
Diluted Earnings per Share	$5.31	$5.30	$5.82	$4.12	$2.47	$1.79	$1.82	$1.49	$1.74	$1.54
Weighted Average Diluted Shares Outstanding	113.97M	113.66M	113.11M	113.60M	56.39M	56.34M	57.27M	57.48M	57.17M	56.97M
Weighted Average Basic & Diluted Shares Outstanding	113.27M	113.63M	57.02M	57.30M	57.12M	57.00M	56.80M	57.10M	56.70M	56.30M
Cash Dividends to Common per Share	$0.80	$0.60	$0.50	$0.26	$0.40	$0.40	$0.40	$8.40	$0.38	$0.30

This table shows Mueller Industries' income and expenses over time, based on quarterly financial data. All values are USD millions unless otherwise specified.

Metric	Q1 2025	Q4 2024	Q3 2024	Q2 2024	Q1 2024	Q4 2023	Q3 2023	Q2 2023	Q1 2023	Q4 2022	Q3 2022
Period end date	3/29/2025	12/28/2024	9/28/2024	6/29/2024	3/30/2024	12/30/2023	9/30/2023	7/1/2023	4/1/2023	12/31/2022	9/24/2022
Net Income / (Loss) Attributable to Common Shareholders	157	138	169	160	138	119	133	178	173	139	155
Consolidated Net Income / (Loss)	159	141	172	163	142	119	136	180	175	140	156
Net Income / (Loss) Continuing Operations	159	141	172	163	142	119	136	180	175	140	156
Total Pre-Tax Income	211	178	218	223	202	178	189	241	237	186	206
Total Operating Income	206	170	207	210	183	135	181	211	229	190	205
Total Gross Profit	272	255	275	273	241	196	241	258	292	257	266
Total Revenue	1,000	924	998	998	850	732	820	897	971	878	945
Operating Revenue	1,000	924	998	998	850	732	820	897	971	878	945
Total Cost of Revenue	728	668	722	725	609	536	579	639	679	621	679
Operating Cost of Revenue	728	668	722	725	609	536	579	639	679	621	679
Total Operating Expenses	66	91	69	63	58	61	60	47	63	73	61
Selling, General & Admin Expense	63	66	60	53	48	51	48	56	53	56	50
Depreciation Expense	17	22	12	10	9.17	9.25	9.63	10	11	11	11
Other Special Charges / (Income)	-14	-	-2.67	0.00	-	-	0.00	-19	-	5.51	0.00
Total Other Income / (Expense), net	4.96	6.69	11	13	18	35	7.95	30	8.33	-4.47	0.67
Interest Expense	0.03	0.08	0.11	0.11	0.12	0.71	0.23	0.14	0.14	0.14	0.36
Interest & Investment Income	4.89	11	11	14	18	35	8.23	29	8.15	7.76	1.36
Other Income / (Expense), net	0.09	-4.32	-0.12	-1.36	0.63	0.67	-0.05	1.84	0.33	-12	-0.33
Income Tax Expense	51	46	49	58	52	46	51	62	61	50	51
Other Gains / (Losses), net	-0.46	8.06	3.20	-1.10	-8.01	-12	-2.41	0.72	-0.98	4.09	1.01
Net Income / (Loss) Attributable to Noncontrolling Interest	1.86	2.95	3.08	3.28	3.35	0.06	3.00	1.84	1.85	1.33	1.27
Basic Earnings per Share	$1.42	$1.24	$1.51	$1.44	$1.24	$1.07	$1.19	$1.60	$1.56	$1.25	$1.39
Weighted Average Basic Shares Outstanding	110.74M	111.39M	111.36M	111.22M	111.42M	111.42M	111.42M	111.32M	111.39M	111.56M	111.18M
Diluted Earnings per Share	$1.39	$1.24	$1.48	$1.41	$1.21	$1.07	$1.17	$1.56	$1.54	$1.25	$1.37
Weighted Average Diluted Shares Outstanding	113.07M	113.97M	113.78M	113.98M	114.15M	113.66M	113.87M	114M	112.80M	113.11M	112.85M
Weighted Average Basic & Diluted Shares Outstanding	110.65M	113.27M	113.74M	113.32M	113.60M	113.63M	113.53M	56.78M	57.00M	57.02M	56.86M
Cash Dividends to Common per Share	$0.25	$0.20	$0.20	$0.20	$0.20	$0.23	$0.15	$0.15	$0.15	$0.19	$0.13

This table details how cash moves in and out of Mueller Industries' business through operations, investing, and financing, using annual figures. All values are USD millions unless otherwise specified.

Metric	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
Period end date	12/28/2024	12/30/2023	12/31/2022	12/25/2021	12/26/2020	12/28/2019	12/29/2018	12/30/2017	12/31/2016	12/26/2015
Net Change in Cash & Equivalents	-135	709	375	-37	29	21	-49	-234	82	-77
Net Cash From Operating Activities	646	673	724	312	245	201	168	44	158	160
Net Cash From Continuing Operating Activities	646	673	724	312	245	201	168	44	158	160
Net Income / (Loss) Continuing Operations	618	610	663	475	144	106	107	87	100	88
Consolidated Net Income / (Loss)	618	610	663	475	144	106	107	87	100	88
Depreciation Expense	39	35	38	39	39	37	35	31	31	31
Amortization Expense	14	5.88	5.93	6.54	6.45	5.67	4.76	3.45	4.88	4.48
Non-Cash Adjustments To Reconcile Net Income	41	-19	3.29	-39	36	36	19	9.38	11	-9.67
Changes in Operating Assets and Liabilities, net	-66	41	14	-170	21	15	2.43	-87	12	46
Net Cash From Investing Activities	-607	135	-242	29	-126	-40	-187	-36	-48	-191
Net Cash From Continuing Investing Activities	-607	135	-242	29	-126	-40	-187	-36	-48	-191
Purchase of Property, Plant & Equipment	-80	-54	-38	-32	-44	-31	-38	-46	-37	-29
Acquisitions	-603	0.00	0.00	-30	-73	3.47	-168	-18	-21	-106
Purchase of Investments	-37	-110	-218	-1.61	0.00	-16	-1.61	-3.32	0.00	-66
Sale of Property, Plant & Equipment	12	0.28	7.85	2.30	0.18	3.24	19	32	10	5.54
Sale and/or Maturity of Investments	98	273	0.00	8.54	0.00	0.00	-	-	-	-
Other Investing Activities, net	2.30	26	5.65	0.00	-9.27	0.00	1.97	0.00	0.00	4.33
Net Cash From Financing Activities	-160	-105	-103	-377	-92	-140	-28	-245	-23	-41
Net Cash From Continuing Financing Activities	-160	-105	-103	-377	-92	-140	-28	-245	-23	-41
Repayment of Debt	0.18	-0.27	-0.14	-927	-247	-211	-175	-115	0.23	-1.00
Repurchase of Common Equity	-49	-19	-38	-4.86	-5.57	-1.76	-34	0.00	0.00	-
Payment of Dividends	-89	-76	-63	-39	-22	-23	-23	-200	-25	-17
Other Financing Activities, net	-23	-8.76	-1.43	-1.17	-7.23	-4.40	-0.73	-1.60	-1.31	0.21
Effect of Exchange Rate Changes	-14	5.59	-4.37	-1.05	2.15	0.51	-1.95	2.95	-5.69	-4.83

This table details how cash moves in and out of Mueller Industries' business through operations, investing, and financing, using quarterly figures. All values are USD millions unless otherwise specified.

Metric	Q1 2025	Q4 2024	Q3 2024	Q2 2024	Q1 2024	Q4 2023	Q3 2023	Q2 2023	Q1 2023	Q4 2022	Q3 2022
Period end date	3/29/2025	12/28/2024	9/28/2024	6/29/2024	3/30/2024	12/30/2023	9/30/2023	7/1/2023	4/1/2023	12/31/2022	9/24/2022
Net Change in Cash & Equivalents	-197	73	124	-523	191	193	208	162	146	-34	282
Net Cash From Operating Activities	114	140	231	101	174	174	248	139	112	207	312
Net Cash From Continuing Operating Activities	114	140	231	102	172	174	248	139	112	207	312
Net Income / (Loss) Continuing Operations	159	141	172	163	142	119	136	180	175	140	156
Consolidated Net Income / (Loss)	159	141	172	163	142	119	136	180	175	140	156
Depreciation Expense	17	8.06	12	10	9.25	3.90	9.80	11	11	4.90	11
Non-Cash Adjustments To Reconcile Net Income	0.06	1.24	0.85	12	28	-13	11	-24	6.49	2.19	7.58
Changes in Operating Assets and Liabilities, net	-63	-24	47	-83	-6.67	58	91	-26	-81	54	138
Net Cash From Investing Activities	-23	-36	-59	-583	70	41	-14	57	51	-226	-2.19
Net Cash From Continuing Investing Activities	-23	-36	-59	-583	70	41	-14	57	51	-226	-2.19
Purchase of Property, Plant & Equipment	-17	-29	-26	-9.20	-16	-15	-10	-22	-7.56	-8.08	-6.31
Purchase of Investments	-27	-16	-4.29	-	-	-	-4.00	-	-	-218	-
Sale of Property, Plant & Equipment	20	2.98	5.05	1.10	2.88	0.07	0.07	0.02	0.12	0.01	0.28
Sale and/or Maturity of Investments	0.00	-	2.00	-	96	55	-	168	50	-	-
Other Investing Activities, net	0.60	6.10	-	8.70	-13	-	0.30	17	8.64	0.20	3.84
Net Cash From Financing Activities	-288	-22	-49	-37	-53	-26	-23	-36	-19	-21	-20
Net Cash From Continuing Financing Activities	-288	-22	-49	-37	-53	-26	-23	-36	-19	-21	-20
Repayment of Debt	-0.06	0.20	0.08	0.03	-0.13	0.18	-0.18	-0.51	0.24	-0.40	0.01
Repurchase of Common Equity	-244	-	-5.69	-15	-28	-	-	-19	0.00	-	-4.59
Payment of Dividends	-40	-22	-22	-22	-22	-26	-17	-17	-17	-21	-14
Other Financing Activities, net	-4.49	0.08	-21	0.49	-2.49	0.36	-6.53	0.02	-2.61	0.19	-1.52
Effect of Exchange Rate Changes	0.39	-9.11	0.08	-4.11	-0.67	3.28	-2.51	2.25	2.57	5.95	-8.08

This table presents Mueller Industries' assets and liabilities at the end of each period, using annual balance sheet data. All values are USD millions unless otherwise specified.

Metric	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
Period end date	12/28/2024	12/30/2023	12/31/2022	12/25/2021	12/26/2020	12/28/2019	12/29/2018	12/30/2017	12/31/2016	12/26/2015
Total Assets	3,291	2,759	2,242	1,729	1,529	1,371	1,370	1,320	1,447	1,339
Total Current Assets	2,012	2,040	1,535	1,019	825	694	703	739	894	800
Cash & Equivalents	1,037	1,171	461	88	119	98	73	120	351	275
Short-Term Investments	22	98	218	0.00	-	-	-	-	-	-
Accounts Receivable	450	352	380	472	358	270	273	245	256	252
Inventories, net	462	380	449	430	315	292	330	328	242	239
Other Current Assets	41	39	27	29	34	34	27	46	45	35
Plant, Property, & Equipment, net	515	385	380	386	377	363	371	304	295	280
Total Noncurrent Assets	764	334	328	324	327	314	296	277	258	258
Long-Term Investments	88	83	72	61	38	48	58	76	77	66
Goodwill	311	152	158	171	168	153	150	130	124	120
Intangible Assets	306	46	55	62	77	60	62	42	36	41
Other Noncurrent Operating Assets	58	53	43	30	44	52	26	28	21	31
Total Liabilities & Shareholders' Equity	3,291	2,759	2,242	1,729	1,529	1,371	1,370	1,320	1,447	1,339
Total Liabilities	486	401	428	472	728	709	806	784	511	479
Total Current Liabilities	398	317	348	382	340	234	233	242	219	209
Short-Term Debt	1.09	0.80	0.81	0.81	41	7.53	7.10	16	14	12
Accounts Payable	174	120	128	181	148	86	104	103	103	88
Current Employee Benefit Liabilities	60	56	62	50	46	42	39	34	35	36
Other Current Liabilities	163	140	158	151	104	99	83	90	67	74
Total Noncurrent Liabilities	89	83	80	90	388	475	573	542	292	270
Long-Term Debt	0.00	0.19	1.22	1.06	287	379	490	449	214	204
Asset Retirement Reserve & Litigation Obligation	15	15	16	18	21	20	20	24	21	21
Noncurrent Deferred & Payable Income Tax Liabilities	26	19	16	14	17	21	17	19	20	7.16
Noncurrent Employee Benefit Liabilities	11	12	13	18	27	22	29	29	31	35
Other Noncurrent Operating Liabilities	36	37	33	39	36	33	18	21	6.28	2.44
Commitments & Contingencies	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Total Equity & Noncontrolling Interests	2,804	2,359	1,814	1,257	801	662	563	536	936	860
Total Preferred & Common Equity	2,773	2,337	1,791	1,222	777	643	548	522	899	827
Preferred Stock	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Total Common Equity	2,773	2,337	1,791	1,222	777	643	548	522	899	827
Common Stock	332	314	298	287	281	279	278	275	274	272
Retained Earnings	3,108	2,594	2,060	1,458	1,020	903	825	744	1,142	1,064
Treasury Stock	-587	-523	-503	-470	-469	-470	-474	-446	-450	-453
Accumulated Other Comprehensive Income / (Loss)	-80	-47	-64	-53	-55	-69	-80	-51	-67	-55
Noncontrolling Interest	31	21	23	35	24	19	15	14	38	32

This table presents Mueller Industries' assets and liabilities at the end of each period, using quarterly balance sheet data. All values are USD millions unless otherwise specified.

Metric	Q1 2025	Q3 2024	Q2 2024	Q1 2024	Q3 2023	Q2 2023	Q1 2023	Q3 2022
Period end date	3/29/2025	9/28/2024	6/29/2024	3/30/2024	9/30/2023	7/1/2023	4/1/2023	9/24/2022
Total Assets	3,231	3,206	3,066	2,894	2,664	2,576	2,480	2,110
Total Current Assets	1,960	1,916	1,805	2,185	1,937	1,852	1,767	1,421
Cash & Equivalents	830	965	826	1,358	980	771	611	483
Short-Term Investments	43	4.45	0.00	0.00	125	127	171	-
Accounts Receivable	553	501	523	424	409	459	503	441
Inventories, net	482	400	406	357	392	466	453	455
Other Current Assets	51	45	50	45	31	28	28	42
Plant, Property, & Equipment, net	515	506	471	391	377	387	377	374
Total Noncurrent Assets	756	784	790	319	350	338	335	315
Long-Term Investments	81	80	77	72	97	73	72	70
Goodwill	311	600	609	151	151	159	158	157
Intangible Assets	301	46	43	45	47	53	54	56
Other Noncurrent Operating Assets	63	58	60	52	56	53	51	32
Total Liabilities & Shareholders' Equity	3,231	3,206	3,066	2,894	2,664	2,576	2,480	2,110
Total Liabilities	544	497	493	446	413	433	492	455
Total Current Liabilities	456	394	387	361	323	345	407	375
Short-Term Debt	0.13	0.93	0.79	0.71	0.56	0.67	1.11	1.12
Accounts Payable	224	184	199	160	142	155	179	167
Current Employee Benefit Liabilities	36	48	42	30	49	45	37	54
Other Current Liabilities	197	161	146	170	131	144	190	153
Total Noncurrent Liabilities	88	104	106	85	90	89	85	80
Long-Term Debt	0.00	0.02	0.07	0.13	1.30	1.27	1.25	1.18
Asset Retirement Reserve & Litigation Obligation	15	15	15	15	15	16	16	16
Noncurrent Deferred & Payable Income Tax Liabilities	28	25	20	23	19	19	18	11
Noncurrent Employee Benefit Liabilities	8.43	12	12	11	13	12	11	17
Other Noncurrent Operating Liabilities	36	52	59	35	42	41	39	35
Commitments & Contingencies	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Total Equity & Noncontrolling Interests	2,687	2,709	2,573	2,448	2,251	2,143	1,987	1,655
Total Preferred & Common Equity	2,666	2,678	2,546	2,424	2,221	2,116	1,962	1,625
Preferred Stock	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Total Common Equity	2,666	2,678	2,546	2,424	2,221	2,116	1,962	1,625
Common Stock	339	325	327	320	314	311	304	295
Retained Earnings	3,238	2,993	2,847	2,710	2,492	2,377	2,216	1,935
Treasury Stock	-835	-586	-569	-554	-530	-525	-506	-506
Accumulated Other Comprehensive Income / (Loss)	-75	-53	-60	-52	-55	-46	-52	-99
Noncontrolling Interest	21	30	27	24	30	27	25	29

This table displays calculated financial ratios and metrics derived from Mueller Industries' official financial filings.

Metric	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
Period end date	12/28/2024	12/30/2023	12/31/2022	12/25/2021	12/26/2020	12/28/2019	12/29/2018	12/30/2017	12/31/2016	12/26/2015
Growth Metrics	-	-	-	-	-	-	-	-	-	-
Revenue Growth	10.19%	-14.11%	5.65%	57.18%	-1.34%	-3.08%	10.67%	10.24%	-2.11%	-11.18%
EBITDA Growth	2.37%	-12.27%	30.25%	155.79%	16.54%	8.29%	19.97%	-4.44%	8.38%	-7.10%
EBIT Growth	0.84%	-12.52%	32.61%	186.37%	19.12%	8.38%	20.80%	-4.53%	10.01%	-9.30%
NOPAT Growth	3.45%	-14.53%	34.42%	168.87%	19.93%	9.75%	29.83%	2.23%	12.40%	-13.68%
Net Income Growth	1.29%	-8.02%	39.50%	230.75%	35.22%	-0.55%	22.77%	-12.77%	12.84%	-13.78%
EPS Growth	0.19%	-8.93%	39.50%	230.75%	37.99%	-1.65%	22.15%	-14.37%	12.99%	-13.97%
Operating Cash Flow Growth	-3.99%	-7.07%	132.26%	27.19%	22.20%	19.45%	281.62%	-72.12%	-1.15%	76.16%
Free Cash Flow Firm Growth	-111.90%	-11.80%	100.57%	213.71%	-37.62%	1,326.94%	-66.09%	-64.32%	146.30%	-48.54%
Invested Capital Growth	64.65%	-5.40%	-4.06%	14.19%	7.74%	-2.93%	15.53%	9.39%	0.06%	7.33%
Revenue Q/Q Growth	5.34%	-4.07%	-1.94%	8.04%	5.83%	-0.62%	1.44%	2.32%	0.01%	-3.02%
EBITDA Q/Q Growth	6.28%	-4.49%	1.36%	23.66%	2.54%	2.95%	16.92%	-4.10%	6.50%	-1.62%
EBIT Q/Q Growth	4.09%	-5.29%	0.76%	24.28%	-0.01%	0.85%	17.37%	-8.13%	5.89%	-5.72%
NOPAT Q/Q Growth	4.91%	-6.62%	1.91%	20.15%	5.88%	3.19%	14.18%	-6.43%	9.10%	-7.83%
Net Income Q/Q Growth	3.57%	-3.32%	2.08%	23.19%	5.34%	2.16%	25.58%	-11.04%	2.74%	-4.27%
EPS Q/Q Growth	0.76%	-5.19%	2.08%	23.19%	6.47%	1.13%	25.52%	-11.83%	1.75%	-4.94%
Operating Cash Flow Q/Q Growth	-5.02%	-4.64%	11.87%	35.71%	-7.69%	13.11%	48.62%	-68.74%	17.11%	-12.24%
Free Cash Flow Firm Q/Q Growth	-27.59%	-5.15%	13.26%	27.10%	-21.92%	6.80%	118.82%	-75.50%	19.20%	-61.36%
Invested Capital Q/Q Growth	-0.09%	-4.22%	-3.47%	2.89%	2.53%	-1.88%	-1.13%	6.78%	-6.96%	-6.01%
Profitability Metrics	-	-	-	-	-	-	-	-	-	-
Gross Margin	27.71%	28.85%	28.06%	22.03%	18.01%	16.25%	14.25%	14.36%	16.16%	13.82%
EBITDA Margin	21.72%	23.38%	22.89%	18.57%	11.41%	9.66%	8.65%	7.98%	9.20%	8.31%
Operating Margin	20.44%	22.10%	22.03%	17.40%	10.25%	7.87%	6.90%	6.66%	7.51%	6.54%
EBIT Margin	20.30%	22.19%	21.78%	17.36%	9.53%	7.89%	7.06%	6.46%	7.46%	6.64%
Profit (Net Income) Margin	16.39%	17.82%	16.64%	12.60%	5.99%	4.37%	4.26%	3.84%	4.85%	4.21%
Tax Burden Percent	75.27%	72.13%	75.66%	74.11%	68.67%	63.96%	71.02%	68.53%	68.31%	67.08%
Interest Burden Percent	107.22%	111.38%	100.99%	98.01%	91.57%	86.61%	85.01%	86.69%	95.19%	94.50%
Effective Tax Rate	25.00%	26.12%	25.49%	25.87%	26.45%	21.23%	20.58%	29.84%	32.96%	32.92%
Return on Invested Capital (ROIC)	43.35%	53.92%	60.11%	46.71%	19.30%	16.47%	15.85%	13.74%	14.08%	12.97%
ROIC Less NNEP Spread (ROIC-NNEP)	40.17%	49.06%	58.04%	-46.84%	1.20%	1.77%	6.21%	-42.12%	16.38%	16.09%
Return on Net Nonoperating Assets (RNNOA)	-19.43%	-24.70%	-16.94%	-0.54%	0.34%	0.87%	3.59%	-1.93%	-2.97%	-2.29%
Return on Equity (ROE)	23.92%	29.22%	43.17%	46.17%	19.64%	17.34%	19.43%	11.82%	11.11%	10.68%
Cash Return on Invested Capital (CROIC)	-5.50%	59.47%	64.25%	33.46%	11.85%	19.44%	1.44%	4.78%	14.02%	5.90%
Operating Return on Assets (OROA)	25.30%	30.34%	43.69%	40.16%	15.76%	14.00%	13.16%	10.58%	11.01%	10.46%
Return on Assets (ROA)	20.41%	24.38%	33.38%	29.17%	9.91%	7.75%	7.94%	6.29%	7.16%	6.63%
Return on Common Equity (ROCE)	23.68%	28.91%	42.35%	44.85%	19.06%	16.86%	18.92%	11.40%	10.67%	10.26%
Return on Equity Simple (ROE_SIMPLE)	22.27%	26.08%	37.01%	38.88%	18.49%	16.51%	19.48%	16.67%	11.10%	10.69%
Net Operating Profit after Tax (NOPAT)	578	559	654	486	181	151	137	106	104	92
NOPAT Margin	15.33%	16.33%	16.41%	12.90%	7.54%	6.20%	5.48%	4.67%	5.04%	4.38%
Net Nonoperating Expense Percent (NNEP)	3.18%	4.86%	2.07%	93.55%	18.10%	14.70%	9.63%	55.87%	-2.30%	-3.12%
Return On Investment Capital (ROIC_SIMPLE)	20.60%	23.67%	35.99%	-	-	-	-	-	-	-
Cost of Revenue to Revenue	72.29%	71.15%	71.94%	77.97%	81.99%	83.75%	85.75%	85.64%	83.84%	86.18%
SG&A Expenses to Revenue	6.02%	6.09%	5.10%	4.88%	6.65%	6.68%	5.94%	6.21%	6.61%	6.21%
R&D to Revenue	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Operating Expenses to Revenue	7.43%	6.75%	6.20%	4.63%	7.76%	8.42%	7.36%	7.71%	8.65%	7.29%
Earnings before Interest and Taxes (EBIT)	765	759	867	654	228	192	177	146	153	139
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)	819	800	912	700	274	235	217	181	189	174
Valuation Ratios	-	-	-	-	-	-	-	-	-	-
Price to Book Value (P/BV)	3.28	2.26	1.82	2.64	2.44	2.63	2.27	3.57	2.29	1.72
Price to Tangible Book Value (P/TBV)	4.22	2.47	2.07	3.26	3.56	3.93	3.71	5.33	2.79	2.13
Price to Revenue (P/Rev)	2.41	1.54	0.82	0.86	0.79	0.70	0.50	0.82	1.00	0.68
Price to Earnings (P/E)	15.03	8.76	4.95	6.88	13.58	16.76	11.93	21.77	20.67	16.19
Dividend Yield	1.00%	1.29%	1.74%	0.92%	1.21%	1.35%	1.85%	1.24%	1.04%	1.21%
Earnings Yield	6.65%	11.41%	20.20%	14.52%	7.37%	5.97%	8.38%	4.59%	4.84%	6.18%
Enterprise Value to Invested Capital (EV/IC)	4.81	3.93	2.38	2.81	2.15	2.16	1.75	2.67	2.58	1.81
Enterprise Value to Revenue (EV/Rev)	2.12	1.16	0.64	0.83	0.87	0.80	0.65	0.95	0.92	0.63
Enterprise Value to EBITDA (EV/EBITDA)	9.75	4.94	2.78	4.45	7.64	8.31	7.51	11.87	10.03	7.62
Enterprise Value to EBIT (EV/EBIT)	10.43	5.21	2.92	4.76	9.14	10.17	9.20	14.65	12.37	9.54
Enterprise Value to NOPAT (EV/NOPAT)	13.81	7.08	3.88	6.40	11.55	12.94	11.84	20.28	18.33	14.44
Enterprise Value to Operating Cash Flow (EV/OCF)	12.35	5.88	3.50	9.99	8.52	9.73	9.69	48.77	12.03	8.33
Enterprise Value to Free Cash Flow (EV/FCFF)	0.00	6.42	3.63	8.94	18.82	10.96	130.45	58.32	18.41	31.77
Leverage & Solvency	-	-	-	-	-	-	-	-	-	-
Debt to Equity	0.00	0.00	0.00	0.00	0.41	0.58	0.88	0.87	0.24	0.25
Long-Term Debt to Equity	0.00	0.00	0.00	0.00	0.36	0.57	0.87	0.84	0.23	0.24
Financial Leverage	-0.48	-0.50	-0.29	0.01	0.28	0.49	0.58	0.05	-0.18	-0.14
Leverage Ratio	1.17	1.20	1.29	1.58	1.98	2.24	2.45	1.88	1.55	1.61
Compound Leverage Factor	1.26	1.34	1.31	1.55	1.81	1.94	2.08	1.63	1.48	1.52
Debt to Total Capital	0.04%	0.04%	0.11%	0.15%	29.04%	36.84%	46.86%	46.46%	19.54%	20.08%
Short-Term Debt to Total Capital	0.04%	0.03%	0.04%	0.06%	3.66%	0.72%	0.67%	1.65%	1.17%	1.09%
Long-Term Debt to Total Capital	0.00%	0.01%	0.07%	0.08%	25.39%	36.12%	46.19%	44.81%	18.36%	18.99%
Preferred Equity to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Noncontrolling Interests to Total Capital	1.11%	0.90%	1.27%	2.77%	2.15%	1.78%	1.41%	1.39%	3.24%	3.01%
Common Equity to Total Capital	98.85%	99.06%	98.62%	97.08%	68.80%	61.38%	51.73%	52.15%	77.22%	76.91%
Debt to EBITDA	0.00	0.00	0.00	0.00	1.20	1.65	2.29	2.57	1.20	1.24
Net Debt to EBITDA	-1.40	-1.69	-0.82	-0.21	0.62	1.02	1.69	1.49	-1.06	-0.71
Long-Term Debt to EBITDA	0.00	0.00	0.00	0.00	1.05	1.61	2.26	2.48	1.13	1.17
Debt to NOPAT	0.00	0.00	0.00	0.00	1.81	2.56	3.62	4.40	2.20	2.35
Net Debt to NOPAT	-1.98	-2.42	-1.15	-0.30	0.94	1.59	2.66	2.54	-1.94	-1.35
Long-Term Debt to NOPAT	0.00	0.00	0.00	0.00	1.58	2.51	3.56	4.24	2.06	2.22
Altman Z-Score	15.04	12.13	9.54	9.15	4.94	4.99	4.44	4.75	5.85	5.34
Noncontrolling Interest Sharing Ratio	1.02%	1.06%	1.89%	2.87%	2.94%	2.74%	2.62%	3.51%	3.91%	3.97%
Liquidity Ratios	-	-	-	-	-	-	-	-	-	-
Current Ratio	5.06	6.43	4.41	2.66	2.43	2.96	3.02	3.05	4.08	3.82
Quick Ratio	3.79	5.11	3.04	1.46	1.40	1.57	1.49	1.51	2.77	2.51
Cash Flow Metrics	-	-	-	-	-	-	-	-	-	-
Free Cash Flow to Firm (FCFF)	-73	616	699	348	111	178	12	37	103	42
Operating Cash Flow to CapEx	947.11%	1,251.75%	2,430.24%	1,055.50%	560.76%	718.23%	848.88%	302.02%	580.22%	685.13%
Free Cash Flow to Firm to Interest Expense	-178.81	504.59	862.44	45.18	5.77	6.93	0.50	1.89	13.96	5.46
Operating Cash Flow to Interest Expense	1,575.39	551.00	893.76	40.43	12.73	7.81	6.66	2.26	21.36	20.82
Operating Cash Flow Less CapEx to Interest Expense	1,409.05	506.98	856.98	36.60	10.46	6.72	5.88	1.51	17.68	17.78
Efficiency Ratios	-	-	-	-	-	-	-	-	-	-
Asset Turnover	1.25	1.37	2.01	2.31	1.65	1.77	1.86	1.64	1.48	1.57
Accounts Receivable Turnover	9.40	9.35	9.35	9.09	7.64	8.95	9.68	9.04	8.10	7.98
Inventory Turnover	6.47	5.87	6.52	7.89	6.48	6.55	6.54	6.81	7.16	7.30
Fixed Asset Turnover	8.37	8.94	10.40	9.89	6.48	6.63	7.43	7.56	7.14	7.98
Accounts Payable Turnover	18.52	19.59	18.56	17.89	16.85	21.50	20.85	18.87	18.03	19.17
Days Sales Outstanding (DSO)	38.82	39.05	39.05	40.16	47.75	40.80	37.71	40.36	45.09	45.77
Days Inventory Outstanding (DIO)	56.44	62.18	56.01	46.28	56.35	55.76	55.82	53.60	50.97	50.02
Days Payable Outstanding (DPO)	19.71	18.64	19.67	20.40	21.66	16.98	17.50	19.34	20.25	19.04
Cash Conversion Cycle (CCC)	75.55	82.60	75.39	66.03	82.44	79.57	76.02	74.61	75.81	76.74
Capital & Investment Metrics	-	-	-	-	-	-	-	-	-	-
Invested Capital	1,658	1,007	1,065	1,110	972	902	929	804	735	735
Invested Capital Turnover	2.83	3.30	3.66	3.62	2.56	2.65	2.89	2.94	2.80	2.96
Increase / (Decrease) in Invested Capital	651	-58	-45	138	70	-27	125	69	0.41	50
Enterprise Value (EV)	7,979	3,954	2,534	3,113	2,089	1,951	1,627	2,146	1,898	1,330
Market Capitalization	9,094	5,284	3,260	3,226	1,894	1,692	1,246	1,863	2,061	1,422
Book Value per Share	$24.38	$20.59	$31.49	$21.30	$13.61	$11.30	$9.51	$9.03	$15.66	$14.47
Tangible Book Value per Share	$18.95	$18.84	$27.76	$17.24	$9.32	$7.55	$5.83	$6.05	$12.87	$11.66
Total Capital	2,806	2,360	1,816	1,259	1,129	1,048	1,060	1,001	1,164	1,076
Total Debt	1.09	0.98	2.03	1.88	328	386	497	465	227	216
Total Long-Term Debt	0.00	0.19	1.22	1.06	287	379	490	449	214	204
Net Debt	-1,146	-1,351	-749	-147	171	240	366	268	-201	-125
Capital Expenditures (CapEx)	68	54	30	30	44	28	20	15	27	23
Debt-free, Cash-free Net Working Capital (DFCFNWC)	556	455	508	549	408	369	404	393	338	328
Debt-free Net Working Capital (DFNWC)	1,615	1,724	1,187	637	527	467	477	513	689	603
Net Working Capital (NWC)	1,614	1,723	1,186	637	486	459	470	497	675	591
Net Nonoperating Expense (NNE)	-40	-51	-9.28	11	37	45	31	19	3.75	3.68
Net Nonoperating Obligations (NNO)	-1,146	-1,351	-749	-147	171	240	366	268	-201	-125
Total Depreciation and Amortization (D&A)	53	41	44	46	45	43	40	34	36	35
Debt-free, Cash-free Net Working Capital to Revenue	14.76%	13.29%	12.76%	14.58%	17.01%	15.18%	16.12%	17.35%	16.43%	15.61%
Debt-free Net Working Capital to Revenue	42.86%	50.39%	29.81%	16.91%	21.98%	19.21%	19.02%	22.65%	33.52%	28.70%
Net Working Capital to Revenue	42.83%	50.37%	29.79%	16.89%	20.25%	18.90%	18.73%	21.93%	32.85%	28.14%
Earnings Adjustments	-	-	-	-	-	-	-	-	-	-
Adjusted Basic Earnings per Share	$5.43	$5.41	$5.90	$4.18	$1.25	$0.91	$0.92	$0.75	$0.88	$0.78
Adjusted Weighted Average Basic Shares Outstanding	111.39M	111.42M	111.56M	112.02M	111.64M	111.60M	113.56M	113.85M	113.14M	112.63M
Adjusted Diluted Earnings per Share	$5.31	$5.30	$5.82	$4.13	$1.24	$0.90	$0.91	$0.75	$0.87	$0.77
Adjusted Weighted Average Diluted Shares Outstanding	113.97M	113.66M	113.11M	113.60M	112.78M	112.69M	114.54M	114.97M	114.34M	113.94M
Adjusted Basic & Diluted Earnings per Share	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding	113.27M	113.63M	114.05M	114.60M	114.23M	113.99M	113.25M	115.13M	115.21M	114.32M
Normalized Net Operating Profit after Tax (NOPAT)	578	549	654	488	167	150	134	106	108	92
Normalized NOPAT Margin	15.33%	16.05%	16.41%	12.95%	6.98%	6.19%	5.35%	4.67%	5.26%	4.38%
Pre Tax Income Margin	21.77%	24.71%	22.00%	17.01%	8.72%	6.83%	6.00%	5.60%	7.10%	6.28%
Debt Service Ratios	-	-	-	-	-	-	-	-	-	-
EBIT to Interest Expense	1,866.40	621.50	1,070.95	84.86	11.87	7.47	7.02	7.51	20.77	18.19
NOPAT to Interest Expense	1,409.34	457.48	806.84	63.07	9.40	5.87	5.45	5.43	14.01	12.01
EBIT Less CapEx to Interest Expense	1,700.07	577.48	1,034.17	81.03	9.60	6.38	6.24	6.76	17.09	15.15
NOPAT Less CapEx to Interest Expense	1,243.00	413.46	770.07	59.24	7.12	4.78	4.67	4.68	10.33	8.97
Payout Ratios	-	-	-	-	-	-	-	-	-	-
Dividend Payout Ratio	14.43%	12.50%	9.51%	8.18%	15.55%	21.81%	21.81%	229.69%	25.05%	19.12%
Augmented Payout Ratio	22.31%	15.66%	15.25%	9.20%	19.43%	23.47%	53.23%	229.69%	25.05%	19.12%

This table displays calculated financial ratios and metrics derived from Mueller Industries' official financial filings.

Metric	Q1 2025	Q4 2024	Q3 2024	Q2 2024	Q1 2024	Q4 2023	Q3 2023	Q2 2023	Q1 2023	Q4 2022	Q3 2022
Period end date	3/29/2025	12/28/2024	9/28/2024	6/29/2024	3/30/2024	12/30/2023	9/30/2023	7/1/2023	4/1/2023	12/31/2022	9/24/2022
Growth Metrics	-	-	-	-	-	-	-	-	-	-	-
Revenue Growth	17.71%	26.10%	21.72%	11.23%	-12.51%	-16.55%	-13.23%	-22.00%	-3.84%	-8.24%	-3.81%
EBITDA Growth	15.61%	24.46%	14.47%	-1.93%	-19.52%	-23.70%	-11.59%	-21.01%	7.10%	3.56%	-10.75%
EBIT Growth	12.12%	22.10%	14.15%	-1.83%	-19.78%	-23.79%	-11.66%	-21.56%	7.55%	3.83%	-11.25%
NOPAT Growth	14.49%	26.72%	20.94%	-0.88%	-19.80%	-28.33%	-14.25%	-22.24%	7.09%	9.60%	-10.38%
Net Income Growth	12.40%	17.86%	26.58%	-8.97%	-19.07%	-14.93%	-12.90%	-13.48%	9.95%	10.68%	-9.55%
EPS Growth	14.88%	15.89%	26.50%	-9.62%	-21.43%	-14.40%	-12.90%	-13.48%	9.95%	10.68%	-9.55%
Operating Cash Flow Growth	-34.60%	-19.60%	-6.56%	-27.63%	55.55%	-15.82%	-20.72%	-1.74%	77.57%	58.99%	81.40%
Free Cash Flow Firm Growth	-321.41%	-433.12%	-343.96%	-232.54%	4.61%	-14.64%	41.51%	135.53%	435.65%	1,824.90%	212.57%
Invested Capital Growth	69.95%	64.65%	57.84%	42.41%	-10.17%	-5.40%	-4.66%	-8.00%	-5.86%	-4.06%	2.27%
Revenue Q/Q Growth	8.30%	-7.45%	0.01%	17.43%	16.01%	-10.66%	-8.61%	-7.64%	10.67%	-7.12%	-17.84%
EBITDA Q/Q Growth	28.43%	-20.32%	-0.17%	13.16%	35.96%	-26.71%	-14.47%	-7.13%	31.08%	-15.08%	-23.58%
EBIT Q/Q Growth	24.35%	-19.67%	-0.99%	13.36%	33.11%	-24.90%	-14.86%	-7.36%	28.65%	-12.94%	-24.41%
NOPAT Q/Q Growth	23.19%	-20.87%	3.23%	13.76%	36.35%	-24.47%	-15.39%	-7.96%	21.86%	-9.64%	-23.27%
Net Income Q/Q Growth	13.29%	-18.15%	5.10%	15.34%	18.79%	-12.09%	-24.42%	2.55%	24.86%	-10.00%	-24.92%
EPS Q/Q Growth	12.10%	-16.22%	4.96%	16.53%	13.08%	-8.55%	-24.42%	2.55%	24.86%	-10.00%	-24.92%
Operating Cash Flow Q/Q Growth	-18.96%	-39.45%	129.69%	-41.97%	-0.37%	-29.63%	77.90%	24.72%	-46.09%	-33.72%	120.49%
Free Cash Flow Firm Q/Q Growth	-6.24%	-17.02%	-30.87%	-236.09%	59.85%	-14.31%	-28.90%	7.41%	30.44%	42.06%	18.34%
Invested Capital Q/Q Growth	4.49%	-0.09%	-0.64%	63.85%	1.23%	-4.22%	-10.36%	3.35%	6.60%	-3.47%	-13.50%
Profitability Metrics	-	-	-	-	-	-	-	-	-	-	-
Gross Margin	27.19%	27.65%	27.60%	27.34%	28.36%	26.76%	29.37%	28.73%	30.11%	29.26%	28.17%
EBITDA Margin	22.34%	18.84%	21.88%	21.92%	22.75%	19.09%	23.27%	24.87%	24.73%	20.88%	22.84%
Operating Margin	20.62%	18.44%	20.71%	21.05%	21.59%	18.47%	22.08%	23.49%	23.59%	21.70%	21.71%
EBIT Margin	20.63%	17.97%	20.70%	20.91%	21.66%	18.56%	22.07%	23.70%	23.62%	20.32%	21.68%
Profit (Net Income) Margin	15.93%	15.22%	17.22%	16.38%	16.68%	16.29%	16.55%	20.02%	18.03%	15.98%	16.49%
Tax Burden Percent	75.41%	78.90%	78.88%	73.32%	70.31%	67.07%	71.82%	74.52%	73.74%	75.42%	75.70%
Interest Burden Percent	102.36%	107.39%	105.42%	106.84%	109.51%	130.88%	104.42%	113.37%	103.49%	104.27%	100.49%
Effective Tax Rate	24.37%	25.63%	22.59%	26.19%	25.72%	26.11%	26.91%	25.78%	25.84%	26.78%	24.79%
Return on Invested Capital (ROIC)	44.42%	38.77%	42.32%	37.14%	49.10%	45.05%	53.42%	52.56%	58.95%	58.19%	60.80%
ROIC Less NNEP Spread (ROIC-NNEP)	44.14%	37.65%	41.27%	36.24%	48.63%	43.20%	53.03%	48.82%	57.96%	58.01%	60.30%
Return on Net Nonoperating Assets (RNNOA)	-20.48%	-18.21%	-18.71%	-14.39%	-25.01%	-21.75%	-23.78%	-16.42%	-17.98%	-16.93%	-12.99%
Return on Equity (ROE)	23.93%	20.56%	23.61%	22.76%	24.10%	23.30%	29.64%	36.14%	40.97%	41.26%	47.81%
Cash Return on Invested Capital (CROIC)	-8.40%	-5.50%	-4.24%	1.83%	59.44%	59.47%	60.30%	58.99%	62.84%	64.25%	56.55%
Operating Return on Assets (OROA)	26.40%	22.39%	25.24%	25.20%	26.60%	25.38%	32.98%	37.83%	42.10%	40.76%	45.88%
Return on Assets (ROA)	20.38%	18.97%	20.99%	19.74%	20.48%	22.28%	24.73%	31.96%	32.13%	32.05%	34.90%
Return on Common Equity (ROCE)	23.73%	20.35%	23.32%	22.50%	23.83%	23.05%	29.19%	35.54%	40.23%	40.48%	46.98%
Return on Equity Simple (ROE_SIMPLE)	23.82%	0.00%	22.26%	22.00%	23.77%	0.00%	28.39%	30.75%	34.59%	0.00%	39.95%
Net Operating Profit after Tax (NOPAT)	156	127	160	155	136	100	132	156	170	139	154
NOPAT Margin	15.60%	13.71%	16.04%	15.54%	16.04%	13.64%	16.14%	17.43%	17.49%	15.89%	16.33%
Net Nonoperating Expense Percent (NNEP)	0.28%	1.12%	1.05%	0.90%	0.48%	1.84%	0.39%	3.74%	0.99%	0.18%	0.51%
Return On Investment Capital (ROIC_SIMPLE)	5.81%	4.51%	-	-	-	4.23%	-	-	-	7.68%	-
Cost of Revenue to Revenue	72.81%	72.35%	72.40%	72.66%	71.64%	73.24%	70.63%	71.27%	69.89%	70.74%	71.83%
SG&A Expenses to Revenue	6.31%	7.15%	5.97%	5.29%	5.69%	6.99%	5.89%	6.25%	5.42%	6.44%	5.31%
R&D to Revenue	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Operating Expenses to Revenue	6.57%	9.84%	6.88%	6.29%	6.77%	8.30%	7.29%	5.24%	6.52%	8.29%	6.46%
Earnings before Interest and Taxes (EBIT)	206	166	207	209	184	136	181	213	229	178	205
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)	223	174	218	219	193	140	191	223	240	183	216
Valuation Ratios	-	-	-	-	-	-	-	-	-	-	-
Price to Book Value (P/BV)	3.25	3.28	3.05	2.54	2.52	2.26	1.89	2.32	2.10	1.82	1.97
Price to Tangible Book Value (P/TBV)	4.22	4.22	4.02	3.42	2.74	2.47	2.08	2.57	2.35	2.07	2.26
Price to Revenue (P/Rev)	2.21	2.41	2.28	1.90	1.85	1.54	1.18	1.33	1.04	0.82	0.79
Price to Earnings (P/E)	13.90	15.03	13.93	11.75	10.75	8.76	6.76	7.60	6.11	4.95	4.96
Dividend Yield	1.11%	1.00%	1.04%	1.23%	1.21%	1.29%	1.55%	1.28%	1.46%	1.74%	1.56%
Earnings Yield	7.19%	6.65%	7.18%	8.51%	9.30%	11.41%	14.80%	13.15%	16.38%	20.20%	20.16%
Enterprise Value to Invested Capital (EV/IC)	4.47	4.81	4.31	3.35	4.61	3.93	2.89	3.37	2.89	2.38	2.43
Enterprise Value to Revenue (EV/Rev)	1.98	2.12	2.00	1.65	1.43	1.16	0.85	1.07	0.83	0.64	0.66
Enterprise Value to EBITDA (EV/EBITDA)	9.28	9.75	9.29	7.53	6.29	4.94	3.63	4.59	3.56	2.78	2.98
Enterprise Value to EBIT (EV/EBIT)	9.83	10.43	9.73	7.88	6.59	5.21	3.79	4.80	3.72	2.92	3.11
Enterprise Value to NOPAT (EV/NOPAT)	12.95	13.81	12.99	10.68	8.96	7.08	5.08	6.38	4.94	3.88	4.18
Enterprise Value to Operating Cash Flow (EV/OCF)	13.21	12.35	10.52	8.03	6.40	5.88	4.31	5.14	4.25	3.50	4.14
Enterprise Value to Free Cash Flow (EV/FCFF)	0.00	0.00	0.00	214.55	7.34	6.42	4.68	5.48	4.47	3.63	4.34
Leverage & Solvency	-	-	-	-	-	-	-	-	-	-	-
Debt to Equity	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Long-Term Debt to Equity	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Financial Leverage	-0.46	-0.48	-0.45	-0.40	-0.51	-0.50	-0.45	-0.34	-0.31	-0.29	-0.22
Leverage Ratio	1.19	1.17	1.18	1.20	1.21	1.20	1.22	1.25	1.30	1.29	1.38
Compound Leverage Factor	1.22	1.26	1.25	1.28	1.33	1.57	1.28	1.42	1.35	1.35	1.39
Debt to Total Capital	0.00%	0.04%	0.03%	0.03%	0.03%	0.04%	0.08%	0.09%	0.12%	0.11%	0.14%
Short-Term Debt to Total Capital	0.00%	0.04%	0.03%	0.03%	0.03%	0.03%	0.02%	0.03%	0.06%	0.04%	0.07%
Long-Term Debt to Total Capital	0.00%	0.00%	0.00%	0.00%	0.01%	0.01%	0.06%	0.06%	0.06%	0.07%	0.07%
Preferred Equity to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Noncontrolling Interests to Total Capital	0.77%	1.11%	1.12%	1.04%	0.98%	0.90%	1.33%	1.25%	1.26%	1.27%	1.77%
Common Equity to Total Capital	99.23%	98.85%	98.85%	98.93%	98.99%	99.06%	98.59%	98.66%	98.62%	98.62%	98.09%
Debt to EBITDA	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Net Debt to EBITDA	-1.14	-1.40	-1.36	-1.21	-1.91	-1.69	-1.43	-1.12	-0.93	-0.82	-0.61
Long-Term Debt to EBITDA	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Debt to NOPAT	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Net Debt to NOPAT	-1.60	-1.98	-1.90	-1.72	-2.72	-2.42	-2.01	-1.56	-1.28	-1.15	-0.86
Long-Term Debt to NOPAT	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Altman Z-Score	12.95	14.44	13.06	11.06	11.63	11.38	9.72	10.48	8.82	8.52	8.34
Noncontrolling Interest Sharing Ratio	0.87%	1.02%	1.21%	1.13%	1.11%	1.06%	1.52%	1.68%	1.79%	1.89%	1.73%
Liquidity Ratios	-	-	-	-	-	-	-	-	-	-	-
Current Ratio	4.29	5.06	4.86	4.66	6.05	6.43	6.01	5.37	4.34	4.41	3.79
Quick Ratio	3.13	3.79	3.73	3.48	4.93	5.11	4.69	3.94	3.16	3.04	2.47
Cash Flow Metrics	-	-	-	-	-	-	-	-	-	-	-
Free Cash Flow to Firm (FCFF)	-557	-525	-448	-343	252	157	184	258	241	184	130
Operating Cash Flow to CapEx	0.00%	540.26%	1,121.45%	1,243.98%	1,283.45%	1,202.65%	2,433.77%	643.28%	1,500.65%	2,563.85%	5,182.98%
Free Cash Flow to Firm to Interest Expense	-22,290.03	-6,993.52	-3,966.71	-3,201.04	2,188.56	220.83	798.86	1,914.25	1,682.48	1,280.92	359.67
Operating Cash Flow to Interest Expense	4,542.36	1,868.28	2,047.89	941.59	1,509.78	244.43	1,076.78	1,031.20	780.55	1,437.72	865.31
Operating Cash Flow Less CapEx to Interest Expense	4,668.16	1,522.47	1,865.28	865.90	1,392.15	224.10	1,032.54	870.90	728.53	1,381.64	848.62
Efficiency Ratios	-	-	-	-	-	-	-	-	-	-	-
Asset Turnover	1.28	1.25	1.22	1.21	1.23	1.37	1.49	1.60	1.78	2.01	2.12
Accounts Receivable Turnover	8.02	9.40	7.86	6.92	7.11	9.35	8.38	6.89	7.22	9.35	8.68
Inventory Turnover	6.78	6.47	6.55	5.62	5.84	5.87	5.95	5.56	6.05	6.52	6.91
Fixed Asset Turnover	8.65	8.37	8.10	7.92	8.59	8.94	9.50	9.52	10.40	10.40	10.91
Accounts Payable Turnover	14.82	18.52	15.93	13.85	13.93	19.59	16.30	14.38	13.79	18.56	17.10
Days Sales Outstanding (DSO)	45.52	38.82	46.41	52.72	51.33	39.05	43.53	52.96	50.52	39.05	42.03
Days Inventory Outstanding (DIO)	53.84	56.44	55.75	64.97	62.52	62.18	61.34	65.66	60.29	56.01	52.84
Days Payable Outstanding (DPO)	24.63	19.71	22.91	26.35	26.21	18.64	22.39	25.38	26.47	19.67	21.35
Cash Conversion Cycle (CCC)	74.74	75.55	79.25	91.34	87.64	82.60	82.48	93.24	84.35	75.39	73.52
Capital & Investment Metrics	-	-	-	-	-	-	-	-	-	-	-
Invested Capital	1,733	1,658	1,660	1,671	1,020	1,007	1,052	1,173	1,135	1,065	1,103
Invested Capital Turnover	2.85	2.83	2.64	2.39	3.06	3.30	3.31	3.01	3.37	3.66	3.72
Increase / (Decrease) in Invested Capital	713	651	608	498	-115	-58	-51	-102	-71	-45	24
Enterprise Value (EV)	7,742	7,979	7,152	5,593	4,702	3,954	3,038	3,957	3,284	2,534	2,678
Market Capitalization	8,675	9,094	8,171	6,468	6,106	5,284	4,208	4,901	4,111	3,260	3,200
Book Value per Share	$23.54	$24.38	$23.63	$22.41	$21.33	$20.59	$39.12	$37.13	$34.41	$31.49	$28.67
Tangible Book Value per Share	$18.13	$18.95	$17.94	$16.67	$19.61	$18.84	$35.64	$33.42	$30.69	$27.76	$24.92
Total Capital	2,687	2,806	2,710	2,574	2,449	2,360	2,253	2,145	1,990	1,816	1,657
Total Debt	0.13	1.09	0.95	0.86	0.84	0.98	1.86	1.94	2.36	2.03	2.31
Total Long-Term Debt	0.00	0.00	0.02	0.07	0.13	0.19	1.30	1.27	1.25	1.22	1.18
Net Debt	-954	-1,146	-1,049	-902	-1,429	-1,351	-1,200	-970	-852	-749	-552
Capital Expenditures (CapEx)	-3.15	26	21	8.10	14	14	10	22	7.44	8.08	6.03
Debt-free, Cash-free Net Working Capital (DFCFNWC)	630	556	553	593	466	455	510	609	579	508	564
Debt-free Net Working Capital (DFNWC)	1,504	1,615	1,523	1,418	1,824	1,724	1,615	1,508	1,361	1,187	1,047
Net Working Capital (NWC)	1,504	1,614	1,522	1,418	1,823	1,723	1,614	1,507	1,360	1,186	1,046
Net Nonoperating Expense (NNE)	-3.29	-14	-12	-8.44	-5.46	-19	-3.40	-23	-5.19	-0.82	-1.52
Net Nonoperating Obligations (NNO)	-954	-1,146	-1,049	-902	-1,429	-1,351	-1,200	-970	-852	-749	-552
Total Depreciation and Amortization (D&A)	17	8.06	12	10	9.25	3.90	9.80	11	11	4.90	11
Debt-free, Cash-free Net Working Capital to Revenue	16.08%	14.76%	15.46%	17.43%	14.13%	13.29%	14.31%	16.51%	14.68%	12.76%	13.88%
Debt-free Net Working Capital to Revenue	38.37%	42.86%	42.56%	41.72%	55.29%	50.39%	45.29%	40.86%	34.52%	29.81%	25.78%
Net Working Capital to Revenue	38.37%	42.83%	42.53%	41.70%	55.27%	50.37%	45.27%	40.84%	34.49%	29.79%	25.76%
Earnings Adjustments	-	-	-	-	-	-	-	-	-	-	-
Adjusted Basic Earnings per Share	$1.42	$1.24	$1.51	$1.44	$1.24	$1.07	$1.19	$1.60	$1.56	$0.63	$1.39
Adjusted Weighted Average Basic Shares Outstanding	110.74M	111.39M	111.36M	111.22M	111.42M	111.42M	111.42M	111.32M	111.39M	223.12M	111.18M
Adjusted Diluted Earnings per Share	$1.39	$1.24	$1.48	$1.41	$1.21	$1.07	$1.17	$1.56	$1.54	$0.63	$1.37
Adjusted Weighted Average Diluted Shares Outstanding	113.07M	113.97M	113.78M	113.98M	114.15M	113.66M	113.87M	114M	112.80M	226.22M	112.85M
Adjusted Basic & Diluted Earnings per Share	$0.00	$1.24	$0.00	$0.00	$0.00	$1.07	$0.00	$0.00	$0.00	$0.63	$0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding	110.65M	113.27M	113.74M	113.32M	113.60M	113.63M	113.53M	113.56M	113.99M	114.05M	113.73M
Normalized Net Operating Profit after Tax (NOPAT)	145	127	158	155	136	100	137	142	170	143	154
Normalized NOPAT Margin	14.50%	13.71%	15.83%	15.54%	16.04%	13.64%	16.67%	15.82%	17.49%	16.35%	16.33%
Pre Tax Income Margin	21.12%	19.30%	21.82%	22.34%	23.72%	24.29%	23.05%	26.86%	24.45%	21.19%	21.79%
Debt Service Ratios	-	-	-	-	-	-	-	-	-	-	-
EBIT to Interest Expense	8,254.16	2,212.56	1,828.12	1,950.00	1,600.48	190.62	786.80	1,574.38	1,604.42	1,238.44	567.42
NOPAT to Interest Expense	6,239.81	1,688.35	1,416.05	1,448.65	1,184.80	140.15	575.25	1,158.36	1,188.12	968.19	427.41
EBIT Less CapEx to Interest Expense	8,379.96	1,866.75	1,645.51	1,874.31	1,482.84	170.29	742.56	1,414.07	1,552.41	1,182.37	550.73
NOPAT Less CapEx to Interest Expense	6,365.61	1,342.54	1,233.44	1,372.96	1,067.17	119.83	531.01	998.06	1,136.11	912.11	410.72
Payout Ratios	-	-	-	-	-	-	-	-	-	-	-
Dividend Payout Ratio	16.75%	14.43%	15.57%	15.58%	14.18%	12.50%	11.31%	10.52%	11.75%	9.51%	7.57%
Augmented Payout Ratio	58.37%	22.31%	23.74%	23.25%	22.37%	15.66%	14.37%	14.19%	16.78%	15.25%	14.18%

Frequently Asked Questions About Mueller Industries' Financials

When does Mueller Industries's financial year end?

According to the most recent income statement we have on file, Mueller Industries' fiscal year ends in December. Their fiscal year 2024 ended on December 28, 2024.

How has Mueller Industries' net income changed over the last 9 years?

Mueller Industries' net income appears to be on an upward trend, with a most recent value of $617.54 million in 2024, rising from $88.41 million in 2015. The previous period was $609.65 million in 2023. Check out Mueller Industries' forecast to explore projected trends and price targets.

What is Mueller Industries's operating income?

Mueller Industries's total operating income in 2024 was $770.39 million, based on the following breakdown:

Total Gross Profit: $1.04 billion
Total Operating Expenses: $279.83 million

How has Mueller Industries revenue changed over the last 9 years?

Over the last 9 years, Mueller Industries' total revenue changed from $2.10 billion in 2015 to $3.77 billion in 2024, a change of 79.5%.

How much debt does Mueller Industries have?

Mueller Industries' total liabilities were at $486.50 million at the end of 2024, a 21.4% increase from 2023, and a 1.5% increase since 2015.

How much cash does Mueller Industries have?

In the past 9 years, Mueller Industries' cash and equivalents has ranged from $72.62 million in 2018 to $1.17 billion in 2023, and is currently $1.04 billion as of their latest financial filing in 2024.

How has Mueller Industries' book value per share changed over the last 9 years?

Over the last 9 years, Mueller Industries' book value per share changed from 14.47 in 2015 to 24.38 in 2024, a change of 68.5%.

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This page (NYSE:MLI) was last updated on 5/21/2025 by MarketBeat.com Staff

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Mueller Industries (MLI) Financials

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Mueller Industries (MLI) Financials

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