Mueller Industries, Inc.

Mueller Industries, Inc.

MLIยทNYSE

$131.35

+0.60%
IndustrialsManufacturing - Metal Fabrication

Mueller Industries, Inc. manufactures and sells copper, brass, aluminum, and plastic products in the United States, the United Kingdom, Canada, South Korea, the Middle East, China, 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; PEX plumbing and radiant systems; and plumbing-related fittings and plastic injection tooling. It also resells steel pipes, brass and plastic plumbing valves, malleable iron fittings and faucets, and plumbing specialties; and supplies water tubes. 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 manufactures brass, bronze, and copper alloy rods; plumbing brass, valves, and fittings; cold-form aluminum and copper products; machining of aluminum, steel, brass, and cast iron impacts and castings; brass and aluminum forgings; brass, aluminum, and stainless-steel valves; fluid control solutions; and gas train assembles to OEMs in the industrial, construction, HVAC, plumbing, and refrigeration markets. The Climate segment offers valves, protection devices, and brass fittings for various OEMs in the commercial HVAC and refrigeration markets; high-pressure components and accessories for the air-conditioning and refrigeration markets; coaxial heat exchangers and twisted tubes for the HVAC, geothermal, refrigeration, swimming pool heat pump, marine, ice machine, commercial boiler, and heat reclamation markets; insulated HVAC flexible duct systems; and brazed manifolds, headers, and distributor assemblies. The company was founded in 1917 and is headquartered in Collierville, Tennessee.

At a Glance

Live Snapshot
Market Cap$14.52B
EPS6.9900
P/E Ratio18.79
Earnings Date07/21/2026
3Y+12.0%
5Y+142.0%
10Y+350.0%
3Y-118.0%
5Y-186.0%
10Y-87.0%
3Y+278.0%
5Y+5.0%
10Y+1296.0%
MLI

Mueller Industries, Inc. Cash Conversion Engine

MLI ยท NYSE
Net Income765.19M
Depreciation & Amortization68.56M
Stock-Based Compensation26.76M
Change in Working Capital-47.42M
Others-64.22M
Capital Expenditures-68.81M
Free Cash Flow686.64M

Cash Flow Quality Analysis

FCF Conversion Rate

89.7%

Strong cash conversion. Most reported earnings translate into actual cash flow, suggesting solid fundamentals.

CapEx Intensity

9.1%

Asset-light business model. Low capital requirements leave more cash available for shareholders and growth investments.

FCF Growth Trend

+21.4%

Strong FCF growth demonstrates improving cash generation and business momentum. Positive signal for sustainability.

Working Capital Impact

-$47.42M

Minimal working capital impact on FCF. Changes in operating assets and liabilities well-managed.

Cash Flow Quality Insight

Asset-light with strong cash conversion: Low capital requirements combined with efficient cash generation creates significant shareholder value through dividends, buybacks, or strategic investments.

Mueller Industries, Inc. Cash Flow Statement

MLI โ€ข NYSE

Mueller Industries, Inc. Cash Flow StatementDec 2025Dec 2024Dec 2023Dec 2023Dec 2022Dec 2021Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016Dec 2015Dec 2014Dec 2013Dec 2012Dec 2011Dec 2010Dec 2009Dec 2008
OPERATING ACTIVITIES
765.2M
617.5M
602.9M
602.9M
662.8M
475.1M
475.1M
143.6M
106.2M
106.8M
87M
99.8M
88.4M
102.5M
173.3M
83.7M
87.1M
87.5M
4.7M
80.8M
68.6M
53.1M
40M
40M
44.1M
45.7M
45.7M
45.2M
43M
39.9M
34.2M
35.7M
35M
34.1M
32.7M
31.9M
37.3M
40.7M
41.8M
44.9M
6.6M
-867K
4.8M
4.8M
-3.9M
7.4M
7.4M
-4M
-428K
170K
-3.2M
7M
-7.2M
-6.5M
19.2M
-1.3M
-5M
-6.6M
-2.6M
-4.5M
26.8M
26.8M
23.1M
23.1M
17.8M
9.8M
9.8M
8.6M
8.7M
8M
7.5M
6.4M
6.2M
6.3M
5.7M
6.1M
3.5M
2.9M
2.6M
2.9M
-64.2M
14.9M
-34.5M
-34.5M
-14.5M
-48.7M
-48.7M
27M
27.2M
11M
1.9M
4.3M
-15.8M
-6.2M
-112.7M
11.6M
9.8M
-16.6M
30.8M
-1.3M
-47.4M
-65.6M
36.5M
36.5M
17.6M
-177.7M
-177.7M
24.8M
15.8M
2M
-83.5M
4.7M
52.9M
-39.5M
10.3M
-23.8M
21.2M
-51.5M
107K
58.1M
755.4M
645.9M
672.8M
672.8M
723.9M
311.7M
311.7M
245.1M
200.5M
167.9M
44M
157.8M
159.6M
90.6M
128.5M
108.3M
153.7M
56.4M
77.4M
180.9M
INVESTING ACTIVITIES
-68.8M
-80.2M
-54M
-54M
-37.6M
-31.8M
-31.8M
-43.9M
-31.2M
-38.5M
-46.1M
-37.5M
-28.8M
-39.2M
-41.3M
-56.8M
-18.8M
-18.7M
-13.9M
-22.3M
(39.1M)
-611.4M
(0.0)
(0.0)
(7.9M)
(50.1M)
(50.1M)
-72.6M
-12.5M
-169.3M
-21.7M
-20.5M
-171.8M
-30.1M
-55.3M
-11.6M
-6.9M
-2M
(611K)
(81K)
-89.4M
-28.1M
-106.2M
-106.2M
-217.9M
-1.6M
-1.6M
(0.0)
-16M
-1.6M
-3.3M
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
88.4M
98.5M
273.3M
273.3M
-7.9M
1.6M
1.6M
0.0
16M
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
5.8M
14.3M
22M
22M
13.5M
10.8M
10.8M
-9.1M
3.2M
22.3M
37.7M
5M
9.9M
30.9M
93.6M
52M
-1.1M
18.7M
7M
-6.1M
-24.9M
-606.9M
(135.1M)
(135.1M)
-242M
(29.1M)
(29.1M)
-125.6M
-40.5M
-187.1M
-33.4M
-53.1M
-190.8M
-38.4M
-3M
-16.4M
-26.7M
-2M
-6.3M
-28.3M
FINANCING ACTIVITIES
-243.6M
-48.7M
-19.3M
-19.3M
-38.1M
-4.9M
-4.9M
-5.6M
-1.8M
-33.6M
0.0
0.0
0.0
0.0
719K
-427.4M
3.9M
2.4M
-870K
-32K
-185K
175K
-271K
-271K
-137K
-330.7M
-330.7M
-57.1M
-110.4M
29.3M
-43.1M
4.7M
-24.6M
6.2M
-143K
36.4M
5.4M
6.8M
-239K
-152.4M
-109.1M
-89.1M
-66.9M
-66.9M
-55.8M
-29.1M
-29.1M
-22.3M
-22.3M
-22.7M
-196.9M
-21.2M
-16.9M
-16.8M
-13.9M
-14.9M
-15.1M
-15.8M
-16.4M
-14.8M
-243.6M
-48.7M
-19.3M
-19.3M
-38.1M
-4.9M
-4.9M
-5.6M
-1.8M
-33.6M
(0.0)
(0.0)
(0.0)
-58K
(0.0)
-427.4M
(0.0)
-418K
-870K
-32K
-41.8M
-22.9M
-18.1M
-18.1M
-8.7M
-12M
-12M
-7.2M
-5.2M
-1.3M
-4.5M
-6M
212K
60K
-278K
-2.7M
-1.1M
1.8M
7.9M
1.3M
-394.6M
-160.5M
-104.5M
-104.5M
-102.7M
-376.7M
-376.7M
-92.3M
-139.7M
-28.3M
-244.6M
-22.6M
-41.3M
-10.6M
-13.6M
-408.6M
-6.9M
-6.4M
-8.2M
-166.1M
CASH FLOW SUMMARY
-7.7M
-13.8M
5.6M
5.6M
-4.4M
-1.1M
-1.1M
2.1M
511K
-2M
2.9M
-5.7M
-4.8M
-1.3M
981K
1.5M
-78K
161K
4.2M
-16.3M
328.2M
-135.3M
708.9M
708.9M
374.9M
-37M
-37M
29.3M
20.9M
-49.4M
-231M
76.5M
-77.3M
40.3M
112.9M
-315.2M
120M
48.1M
67.1M
-29.8M
1B
1.2B
465.2M
465.2M
90.4M
127.4M
127.4M
98M
77.1M
126.6M
351.3M
274.8M
352.1M
311.8M
198.9M
514.2M
394.1M
346M
278.9M
308.6M
1.4B
1B
1.2B
1.2B
465.3M
90.4M
90.4M
127.4M
98M
77.1M
120.3M
351.3M
274.8M
352.1M
311.8M
198.9M
514.2M
394.1M
346M
278.9M
686.6M
565.7M
618.7M
618.7M
686.3M
279.9M
279.9M
201.2M
169.4M
129.4M
-2.1M
120.3M
130.8M
51.4M
87.2M
51.5M
135M
37.7M
63.4M
158.7M

SEC Filings

MLI - Filing history and reports

Filing TypeFiling DatePeriod EndingFiscal YearActions
8-K

8-K 2026

N/A

June 02, 2026
June 02, 2026
2026
8-K

8-K 2026

N/A

May 11, 2026
May 07, 2026
2026
10-Q

10-Q 2026 Q1

Q1

April 22, 2026
March 28, 2026
2026
8-K

8-K 2026

N/A

April 21, 2026
April 21, 2026
2026
8-K

8-K 2026

N/A

March 30, 2026
March 27, 2026
2026
DEF 14A

DEF 14A 2026

N/A

March 26, 2026
May 07, 2026
2026
10-K

10-K 2025 FY

FY

February 25, 2026
December 27, 2025
2025
8-K

8-K 2026

N/A

February 20, 2026
February 19, 2026
2026
8-K

8-K 2026

N/A

February 03, 2026
February 03, 2026
2026
8-K

8-K 2025

N/A

November 07, 2025
November 07, 2025
2025
Showing 1 to 10 of 448 filings