Mueller Industries (MLI) Stock Fundamentals, Analysis & Risk Signals

Health score, price, valuation, risk signals, and key metrics at a glance.

Mueller Industries

NYSE•Industrials•Metal Fabrication

$63.74+0.96(0.02%)Market closed

Market Cap

$13.06B

P/E

15.4x

P/S

2.8x

P/B

3.7x

Mueller Industries, Inc. manufactures and sells copper, brass, and aluminum products in the United States, the United Kingdom, Canada, Asia and the Middle East, and Mexico. It operates through three segments: Piping Systems, Industrial Metals, and Climate. The Piping Systems segment offers copper tubes, fittings, line sets, and pipe nipples; resells steel pipe, brass and plastic plumbing valves, malleable iron fittings, faucets, and plumbing specialties. This segment sells its products to wholesalers in the plumbing and refrigeration markets, distributors to the manufactured housing and recreational vehicle industries, building material retailers, and air-conditioning original equipment manufacturers (OEMs). The Industrial Metals segment offers brass, bronze, and copper alloy rods; brass rod, bar, and shapes; cold-form aluminum and copper products; high-volume machining of aluminum, steel, brass, and cast-iron impacts and castings for automotive applications; brass and aluminum forgings; brass, aluminum, and stainless steel valves; fluid control solutions; and gas train assembles; specialty copper, copper alloy, and aluminum tube to OEMs in the industrial, construction, plumbing, refrigeration, utility, telecommunication, and electrical transmission and distribution markets, as well as heating, ventilation, and air-conditioning (HVAC) markets. The Climate segment provides valves, protection devices, and brass fittings; and coaxial heat exchangers and twisted tubes to wholesalers and OEMs in the HVAC and refrigeration markets. This segment also manufactures and distributes high-pressure components and accessories, as well as insulated HVAC flexible duct systems. Mueller Industries, Inc. was founded in 1917 and is headquartered in Collierville, Tennessee.

How this company scores

ExcellentMetricSide Score: 85/100

Strongest: Growth (23/25); weakest: Balance Sheet & Red Flags (19/25).

Profitability22/25

Growth23/25

Balance Sheet & Red Flags19/25

Cash & Earnings Quality21/25

Strengths

Strong marginsHigh ROERising earningsLow leverage

No red flags in the last 8 quarters.

Valuation vs. 5-year range

Today's multiple positioned against its own trailing range — a visual premium/discount check.

P/E · 15.4x5y range 12.2x – 21.8x

Currently near its 20-quarter median.

P/S · 2.8x5y range 2.0x – 3.1x

Currently near its 20-quarter median.

P/B · 3.7x5y range 3.0x – 7.5x

Price & Volume

Market Cap $13.06B

Metrics at a Glance

as of June 2026

Revenue & Profit

Revenue, EBITDA, operating income, net income, EPS, and shares

TTM Revenue: $4.66B
Q. Revenue: $1.43B
TTM EBITDA: $1.14B
TTM Op. Income: $1.07B
Q. Op. Income: $309.97M
TTM Net Income: $850.51M
Q. Net Income: $249.66M
EPS: $1.15
Shares Out.: $217.41M

$4.66B in TTM revenue grew 14.8% YoY, reaching $1.43B last quarter. TTM EBITDA of $1.14B and TTM operating income of $1.07B show growth is flowing through to the bottom line. TTM net income of $850.51M means revenue is converting into profit. Across the last 8 quarters, TTM revenue has risen for 7 consecutive quarters — an improving trend.

Margins

Gross, EBITDA, operating, and net margin trends

Gross Margin: 27.7%
EBITDA Margin: 22.9%
Op. Margin: 21.7%
Net Margin: 17.5%

Op. margin of 21.7% is down 5.0% YoY — costs are rising relative to revenue. Net margin at 17.5% and gross margin of 27.7% show how much of each revenue dollar survives to profit. Over the past year, operating margin is down 19% — a weakening trend.

Price Ratios

P/E, P/S, P/B, EV/EBITDA, FCF yield, and earnings yield

P/E Ratio: 15.4x
P/S Ratio: 2.8x
P/B Ratio: 3.7x

At 15.4x P/E, the stock trades within typical market levels. P/S of 2.8x and P/B of 3.7x provide additional context. Use the growth and margin sections to judge whether the multiple is justified. Over the past year, P/E is up 26% — a weakening trend.

Assets & Liabilities

Total assets, cash, debt, book value, and leverage

Total Assets: $4.26B
Cash: $1.39B
Long-Term Debt: $5.24M
Book Value: $3.55B
D/E Ratio: 0.0
Debt/EBITDA: 0.0

With $4.26B in assets and $5.24M in long-term debt, D/E is 0.0and book value is $3.55B — a conservative capital structure with a cushion to weather downturns. Over the past year, debt/equity is up 0% — a weakening trend.

Cash Flow

Operating cash flow, free cash flow, FCF margin, and earnings quality

Op. Cash Flow: $212.26M
TTM Free Cash Flow: $666.37M
FCF Margin: 14.3%
FCF / Net Income: 0.8

TTM FCF of $666.37M on $212.26M in operating cash flow. The FCF / Net Income ratio of 0.8x means free cash flow covers net income — earnings are backed by cash. Over the past year, free cash flow is up 13% — an improving trend.