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Industrials - Manufacturing - Metal Fabrication - NYSE - US
$ 88.68
-1.63 %
$ 10.1 B
Market Cap
17.25
P/E
1. INTRINSIC VALUE

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).[ Read More ]

The intrinsic value of one MLI stock under the base case scenario is HIDDEN Compared to the current market price of 88.7 USD, Mueller Industries, Inc. is HIDDEN

2. FUNDAMENTAL ANALYSIS

Price Chart MLI

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FINANCIALS
3.42 B REVENUE
-14.11%
756 M OPERATING INCOME
-13.81%
603 M NET INCOME
-9.04%
674 M OPERATING CASH FLOW
-6.92%
135 M INVESTING CASH FLOW
155.82%
-105 M FINANCING CASH FLOW
-1.81%
998 M REVENUE
0.01%
207 M OPERATING INCOME
-1.57%
172 M NET INCOME
5.10%
231 M OPERATING CASH FLOW
129.69%
-59 M INVESTING CASH FLOW
89.87%
-48.9 M FINANCING CASH FLOW
-32.86%
Balance Sheet Decomposition Mueller Industries, Inc.
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Current Assets 2.04 B
Cash & Short-Term Investments 1.27 B
Receivables 352 M
Other Current Assets 419 M
Non-Current Assets 719 M
Long-Term Investments 83.4 M
PP&E 420 M
Other Non-Current Assets 216 M
Current Liabilities 317 M
Accounts Payable 120 M
Short-Term Debt 8.69 M
Other Current Liabilities 188 M
Non-Current Liabilities 83.4 M
Long-Term Debt 26.9 M
Other Non-Current Liabilities 56.6 M
EFFICIENCY
Earnings Waterfall Mueller Industries, Inc.
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Revenue 3.42 B
Cost Of Revenue 2.48 B
Gross Profit 945 M
Operating Expenses 208 M
Operating Income 756 M
Other Expenses 153 M
Net Income 603 M
RATIOS
27.62% GROSS MARGIN
27.62%
22.10% OPERATING MARGIN
22.10%
17.63% NET MARGIN
17.63%
25.79% ROE
25.79%
21.85% ROA
21.85%
23.89% ROIC
23.89%
FREE CASH FLOW ANALYSIS
Free Cash Flow Analysis Mueller Industries, Inc.
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Net Income 603 M
Depreciation & Amortization 40 M
Capital Expenditures -54 M
Stock-Based Compensation 23.1 M
Change in Working Capital 36.5 M
Others -96.8 M
Free Cash Flow 620 M
3. WALL STREET ANALYSTS ESTIMATES
Wall Street Analysts Price Targets Mueller Industries, Inc.
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MLI has no price targets from Wall Street.
4. DIVIDEND ANALYSIS
0.28% DIVIDEND YIELD
0.2 USD DIVIDEND PER SHARE
5. COMPETITION
6. Ownership
Insider Ownership Mueller Industries, Inc.
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Sold
0-3 MONTHS
7.11 M USD 2
3-6 MONTHS
7.91 M USD 4
6-9 MONTHS
3.64 M USD 3
9-12 MONTHS
17.2 M USD 3
Bought
0 USD 0
0-3 MONTHS
0 USD 0
3-6 MONTHS
0 USD 0
6-9 MONTHS
0 USD 0
9-12 MONTHS
Date Value Insider Amount Avg Price
2 weeks ago
Oct 30, 2024
Sell 83.1 K USD
HANSEN JOHN B
Director
- 1000
83.09 USD
2 months ago
Aug 22, 2024
Sell 3.5 M USD
Christopher Gregory L.
Chairman of the Board & CEO
- 50000
69.92 USD
2 months ago
Aug 23, 2024
Sell 3.53 M USD
Christopher Gregory L.
Chairman of the Board & CEO
- 50000
70.55 USD
3 months ago
Aug 13, 2024
Sell 3.72 M USD
Christopher Gregory L.
Chairman of the Board & CEO
- 55000
67.59 USD
3 months ago
Aug 14, 2024
Sell 3.05 M USD
Christopher Gregory L.
Chairman of the Board & CEO
- 45000
67.73 USD
3 months ago
Aug 09, 2024
Sell 538 K USD
HANSEN JOHN B
Director
- 8000
67.24 USD
3 months ago
Aug 09, 2024
Sell 134 K USD
HANSEN JOHN B
Director
- 2000
67.24 USD
5 months ago
May 31, 2024
Sell 118 K USD
GLADSTEIN GARY S
Director
- 2000
58.822 USD
5 months ago
May 31, 2024
Sell 236 K USD
GLADSTEIN GARY S
Director
- 4000
58.9 USD
5 months ago
May 30, 2024
Sell 115 K USD
DONOVAN ELIZABETH M
Director
- 2000
57.7325 USD
6 months ago
May 13, 2024
Sell 160 K USD
HANSEN JOHN B
Director
- 2733
58.61 USD
6 months ago
Apr 26, 2024
Sell 249 K USD
GLADSTEIN GARY S
Director
- 4250
58.58 USD
6 months ago
Apr 26, 2024
Sell 3 M USD
Martin Jeffrey Andrew
EVP, CFO & Treasurer
- 52436
57.2517 USD
6 months ago
Apr 25, 2024
Sell 229 K USD
HANSEN JOHN B
Director
- 4000
57.2944 USD
9 months ago
Feb 08, 2024
Sell 2.33 M USD
Martin Jeffrey Andrew
EVP, CFO & Treasurer
- 47280
49.251 USD
9 months ago
Feb 08, 2024
Sell 247 K USD
HANSEN JOHN B
Director
- 5000
49.33 USD
1 year ago
Dec 15, 2022
Bought 1.08 K USD
Herzog Charles P Jr
Director
+ 35
30.78 USD
2 years ago
Sep 15, 2022
Bought 1.05 K USD
Herzog Charles P Jr
Director
+ 35
30.03 USD
2 years ago
May 15, 2022
Bought 1.05 K USD
Herzog Charles P Jr
Director
+ 41
25.56 USD
2 years ago
Mar 31, 2022
Bought 1.13 K USD
Herzog Charles P Jr
Director
+ 39
28.88 USD
10 months ago
Dec 22, 2023
Sell 380 USD
Sigloch Steffen
Chief Manufacturing Officer
- 8
47.5 USD
10 months ago
Dec 26, 2023
Sell 2.56 M USD
Sigloch Steffen
Chief Manufacturing Officer
- 53792
47.59 USD
11 months ago
Dec 04, 2023
Sell 1.78 M USD
Sigloch Steffen
Chief Manufacturing Officer
- 41600
42.68 USD
11 months ago
Dec 14, 2023
Sell 608 K USD
Sigloch Steffen
Chief Manufacturing Officer
- 13484
45.11 USD
11 months ago
Dec 15, 2023
Sell 2.64 M USD
Sigloch Steffen
Chief Manufacturing Officer
- 58522
45.11 USD
11 months ago
Dec 04, 2023
Sell 1.78 M USD
Sigloch Steffen
Chief Manufacturing Officer
- 41600
42.68 USD
11 months ago
Dec 15, 2023
Sell 2.64 M USD
Sigloch Steffen
Chief Manufacturing Officer
- 58522
45.11 USD
11 months ago
Dec 15, 2023
Sell 2.64 M USD
Sigloch Steffen
Chief Manufacturing Officer
- 58522
45.11 USD
1 year ago
Nov 08, 2023
Sell 37.9 K USD
HANSEN JOHN B
Director
- 1000
37.87 USD
1 year ago
Nov 06, 2023
Sell 397 K USD
HANSEN JOHN B
Director
- 10148
39.14 USD
1 year ago
Aug 03, 2023
Sell 196 K USD
HANSEN JOHN B
Director
- 2500
78.33 USD
1 year ago
May 30, 2023
Sell 503 K USD
Christopher Gregory L.
Chairman of the Board & CEO
- 6449
78.06 USD
1 year ago
May 24, 2023
Sell 1.82 M USD
Christopher Gregory L.
Chairman of the Board & CEO
- 23991
76.05 USD
1 year ago
May 25, 2023
Sell 59.1 K USD
Christopher Gregory L.
Chairman of the Board & CEO
- 787
75.13 USD
1 year ago
May 22, 2023
Sell 733 K USD
Christopher Gregory L.
Chairman of the Board & CEO
- 9200
79.64 USD
1 year ago
May 23, 2023
Sell 1.55 M USD
Christopher Gregory L.
Chairman of the Board & CEO
- 19522
79.53 USD
1 year ago
May 22, 2023
Sell 366 K USD
Christopher Gregory L.
Chairman of the Board & CEO
- 4600
79.65 USD
1 year ago
May 23, 2023
Sell 15.1 K USD
Christopher Gregory L.
Chairman of the Board & CEO
- 191
79.07 USD
1 year ago
May 08, 2023
Sell 149 K USD
HANSEN JOHN B
Director
- 2000
74.375 USD
1 year ago
May 03, 2023
Sell 219 K USD
GOLDMAN SCOTT JAY
Director
- 3000
73.01 USD
1 year ago
Apr 27, 2023
Sell 35.2 K USD
HANSEN JOHN B
Director
- 500
70.47 USD
1 year ago
Mar 02, 2023
Sell 38 K USD
Christopher Gregory L.
Chairman of the Board & CEO
- 507
75 USD
1 year ago
Mar 03, 2023
Sell 309 K USD
Christopher Gregory L.
Chairman of the Board & CEO
- 4112
75.17 USD
1 year ago
Feb 09, 2023
Sell 57.2 K USD
HANSEN JOHN B
Director
- 778
73.49 USD
1 year ago
Feb 09, 2023
Sell 73.4 K USD
HANSEN JOHN B
Director
- 1000
73.38 USD
1 year ago
Feb 07, 2023
Sell 2.19 M USD
Christopher Gregory L.
Chairman of the Board & CEO
- 30000
73.07 USD
1 year ago
Feb 07, 2023
Sell 1.82 M USD
Christopher Gregory L.
Chairman of the Board & CEO
- 24053
75.48 USD
1 year ago
Feb 07, 2023
Sell 99.6 K USD
Christopher Gregory L.
Chairman of the Board & CEO
- 1328
75.02 USD
1 year ago
Nov 23, 2022
Sell 68.9 K USD
HANSEN JOHN B
Director
- 1000
68.944 USD
2 years ago
Oct 20, 2022
Sell 63.1 K USD
HANSEN JOHN B
Director
- 1000
63.13 USD
2 years ago
Oct 20, 2022
Sell 31.6 K USD
HANSEN JOHN B
Director
- 500
63.129 USD
2 years ago
Aug 25, 2022
Sell 67 K USD
HANSEN JOHN B
director:
- 1000
67.016 USD
2 years ago
Aug 09, 2022
Sell 67.7 K USD
HANSEN JOHN B
director:
- 1000
67.67 USD
2 years ago
Jul 26, 2022
Sell 64.3 K USD
HANSEN JOHN B
director:
- 1000
64.272 USD
2 years ago
Apr 21, 2022
Sell 121 K USD
HANSEN JOHN B
director:
- 2000
60.33 USD
2 years ago
Mar 01, 2022
Sell 143 K USD
GOLDMAN SCOTT JAY
director:
- 2500
57.11 USD
2 years ago
Feb 07, 2022
Sell 111 K USD
HANSEN JOHN B
Director
- 2000
55.3575 USD
3 years ago
Oct 21, 2021
Bought 544 K USD
GLADSTEIN GARY S
Director
+ 11399
47.71 USD
3 years ago
May 10, 2021
Sell 1.2 M USD
Christopher Gregory L.
Chairman of the Board & CEO
- 25000
48 USD
3 years ago
Apr 09, 2021
Sell 711 K USD
Christopher Gregory L.
Chairman of the Board & CEO
- 16149
44 USD
3 years ago
Apr 09, 2021
Sell 711 K USD
Christopher Gregory L.
Chairman of the Board & CEO
- 16149
44 USD
3 years ago
Apr 12, 2021
Sell 389 K USD
Christopher Gregory L.
Chairman of the Board & CEO
- 8851
44 USD
3 years ago
Apr 12, 2021
Sell 389 K USD
Christopher Gregory L.
Chairman of the Board & CEO
- 8851
44 USD
3 years ago
Feb 18, 2021
Bought 14.8 K USD
GOLDMAN SCOTT JAY
Director
+ 400
37.07 USD
3 years ago
Feb 18, 2021
Sell 14.8 K USD
GOLDMAN SCOTT JAY
Director
- 400
37.05 USD
3 years ago
Feb 09, 2021
Sell 94.4 K USD
Steinriede Anthony
VP - Corporate Controller
- 2500
37.75 USD
3 years ago
Jan 06, 2021
Sell 925 K USD
Christopher Gregory L.
Chairman of the Board & CEO
- 25000
37 USD
3 years ago
Jan 06, 2021
Sell 925 K USD
Christopher Gregory L.
Chairman of the Board & CEO
- 25000
37 USD
3 years ago
Dec 15, 2020
Sell 666 K USD
Christopher Gregory L.
Chairman of the Board & CEO
- 19041
35 USD
3 years ago
Nov 24, 2020
Sell 34.6 K USD
HANSEN JOHN B
Director
- 1000
34.64 USD
4 years ago
Nov 09, 2020
Sell 209 K USD
Christopher Gregory L.
Chairman of the Board & CEO
- 5959
35.1 USD
4 years ago
Nov 09, 2020
Sell 172 K USD
Sigloch Steffen
Chief Manufacturing Officer
- 5000
34.35 USD
4 years ago
Jun 05, 2020
Sell 198 K USD
Sigloch Steffen
Chief Manufacturing Officer
- 6749
29.27 USD
4 years ago
May 26, 2020
Sell 224 K USD
Sigloch Steffen
Chief Manufacturing Officer
- 8447
26.4918 USD
4 years ago
Apr 23, 2020
Sell 24.8 K USD
HANSEN JOHN B
Director
- 1000
24.761 USD
4 years ago
Dec 23, 2019
Bought 874 USD
Westermeyer Gary
President, Refrigeration
+ 28
31.23 USD
5 years ago
Sep 23, 2019
Bought 846 USD
Westermeyer Gary
President, Refrigeration
+ 29
29.16 USD
5 years ago
Jun 24, 2019
Bought 797 USD
Westermeyer Gary
President, Refrigeration
+ 28
28.45 USD
5 years ago
Apr 01, 2019
Bought 797 USD
Westermeyer Gary
President, Refrigeration
+ 25
31.88 USD
5 years ago
Dec 24, 2018
Bought 789 USD
Westermeyer Gary
President, Refrigeration
+ 36
21.93 USD
6 years ago
Sep 24, 2018
Bought 600 USD
Westermeyer Gary
President, Refrigeration
+ 21
28.57 USD
6 years ago
Jun 18, 2018
Bought 548 USD
Westermeyer Gary
President, Refrigeration
+ 18
30.47 USD
6 years ago
Apr 02, 2018
Bought 546 USD
Westermeyer Gary
President, Refrigeration
+ 21
26 USD
6 years ago
Dec 26, 2017
Bought 430 USD
Westermeyer Gary
President, Refrigeration
+ 12
35.8 USD
4 years ago
Feb 04, 2020
Sell 827 K USD
Christopher Gregory L.
Chairman of the Board & CEO
- 25000
33.096 USD
4 years ago
Dec 06, 2019
Sell 730 K USD
Christopher Gregory L.
Chairman of the Board & CEO
- 22798
32.01 USD
4 years ago
Nov 25, 2019
Sell 272 K USD
Christopher Gregory L.
Chairman of the Board & CEO
- 8497
32 USD
5 years ago
Nov 07, 2019
Sell 119 K USD
Christopher Gregory L.
Chairman of the Board & CEO
- 3713
32 USD
5 years ago
Nov 05, 2019
Sell 480 K USD
Christopher Gregory L.
Chairman of the Board & CEO
- 14992
32.01 USD
5 years ago
Oct 28, 2019
Sell 46.3 K USD
HANSEN JOHN B
Director
- 1500
30.89 USD
5 years ago
Oct 25, 2019
Sell 149 K USD
Christopher Gregory L.
Chairman of the Board & CEO
- 4792
31.01 USD
5 years ago
Oct 28, 2019
Sell 446 K USD
Christopher Gregory L.
Chairman of the Board & CEO
- 14395
31 USD
5 years ago
Aug 21, 2019
Sell 276 K USD
FULVIO GENNARO J
Director
- 10383
26.622 USD
5 years ago
Aug 02, 2019
Bought 10.1 K USD
Ford Kristee Michelle
Chief Information Officer
+ 352
28.6 USD
5 years ago
Jul 29, 2019
Sell 87 K USD
Christopher Gregory L.
Chairman of the Board & CEO
- 2804
31.016 USD
5 years ago
Jul 25, 2019
Sell 61.6 K USD
HANSEN JOHN B
Director
- 2000
30.801 USD
5 years ago
Jul 25, 2019
Sell 30.8 K USD
HANSEN JOHN B
Director
- 1000
30.774 USD
5 years ago
Jul 25, 2019
Sell 93.3 K USD
Christopher Gregory L.
Chairman of the Board & CEO
- 3009
31 USD
5 years ago
Jul 25, 2019
Sell 304 K USD
FLAHERTY PAUL J
Director
- 10000
30.406 USD
5 years ago
May 29, 2019
Bought 31.5 K USD
GOLDMAN SCOTT JAY
Director
+ 1150
27.35 USD
5 years ago
May 29, 2019
Sell 31.5 K USD
GOLDMAN SCOTT JAY
Director
- 1150
27.35 USD
5 years ago
May 03, 2019
Bought 10.1 K USD
Ford Kristee Michelle
Chief Information Officer
+ 343
29.33 USD
5 years ago
Feb 28, 2019
Sell 32.8 K USD
GOLDMAN SCOTT JAY
Director
- 1000
32.754 USD
5 years ago
Feb 28, 2019
Sell 1.63 M USD
Christopher Gregory L.
Chairman of the Board & CEO
- 50000
32.69 USD
5 years ago
Nov 27, 2018
Bought 72 K USD
GLADSTEIN GARY S
Director
+ 3000
24 USD
5 years ago
Nov 26, 2018
Bought 47.9 K USD
Westermeyer Gary
President, Refrigeration
+ 2000
23.95 USD
6 years ago
Nov 19, 2018
Bought 163 K USD
GLADSTEIN GARY S
Director
+ 6600
24.74 USD
6 years ago
Nov 19, 2018
Bought 163 K USD
GLADSTEIN GARY S
Director
+ 6600
24.74 USD
6 years ago
Nov 19, 2018
Bought 98.4 K USD
Christopher Gregory L.
Chairman of the Board & CEO
+ 4000
24.59 USD
6 years ago
Nov 02, 2018
Bought 102 K USD
Herzog Charles P Jr
Director
+ 4000
25.497 USD
6 years ago
Oct 25, 2018
Bought 100 K USD
HERMANSON TERRY
Director
+ 4000
25.04 USD
6 years ago
Oct 25, 2018
Bought 88.5 K USD
Christopher Gregory L.
Chairman of the Board & CEO
+ 3500
25.294 USD
6 years ago
Oct 25, 2018
Bought 90 K USD
Christopher Gregory L.
Chairman of the Board & CEO
+ 3500
25.706 USD
6 years ago
Aug 24, 2018
Bought 33.2 K USD
GOLDMAN SCOTT JAY
Director
+ 1000
33.235 USD
6 years ago
Aug 24, 2018
Bought 33.2 K USD
GOLDMAN SCOTT JAY
Director
+ 1000
33.235 USD
6 years ago
Aug 23, 2018
Sell 33 K USD
GOLDMAN SCOTT JAY
Director
- 1000
33.037 USD
6 years ago
Aug 23, 2018
Sell 33 K USD
GOLDMAN SCOTT JAY
Director
- 1000
33.037 USD
6 years ago
Aug 07, 2018
Sell 97.3 K USD
Corbin Daniel R.
Sr. Vice President - Plastics
- 3000
32.44 USD
6 years ago
Jul 30, 2018
Sell 79.9 K USD
Steinriede Anthony
VP - Corporate Controller
- 2500
31.96 USD
6 years ago
Jul 26, 2018
Bought 12.9 K USD
Herzog Charles P Jr
Director
+ 400
32.1476 USD
6 years ago
Jul 26, 2018
Sell 64.5 K USD
HANSEN JOHN B
Director
- 2000
32.26 USD
6 years ago
Jul 26, 2018
Sell 64.5 K USD
HANSEN JOHN B
Director
- 2000
32.23 USD
6 years ago
Feb 22, 2018
Bought 27 K USD
Westermeyer Gary
President, Refrigeration
+ 1000
26.95 USD
6 years ago
Feb 15, 2018
Bought 247 K USD
GLADSTEIN GARY S
Director
+ 9400
26.229 USD
6 years ago
Feb 15, 2018
Bought 247 K USD
GLADSTEIN GARY S
Director
+ 9400
26.229 USD
6 years ago
Feb 14, 2018
Bought 104 K USD
GLADSTEIN GARY S
Director
+ 4000
25.923 USD
6 years ago
Feb 14, 2018
Bought 104 K USD
GLADSTEIN GARY S
Director
+ 4000
25.923 USD
7 years ago
Oct 30, 2017
Sell 66.3 K USD
HANSEN JOHN B
Director
- 2000
33.153 USD
7 years ago
Oct 27, 2017
Bought 126 K USD
Herzog Charles P Jr
Director
+ 3624
34.72 USD
7 years ago
Sep 15, 2017
Sell 112 K USD
Martin Jeffrey Andrew
CFO & Treasurer
- 3500
32.01 USD
7 years ago
Jul 31, 2017
Sell 62.1 K USD
HANSEN JOHN B
Director
- 2000
31.05 USD
7 years ago
Apr 04, 2017
Sell 100 K USD
Martin Jeffrey Andrew
CFO & Treasurer
- 3000
33.41 USD
7 years ago
Jan 20, 2017
Sell 86.4 K USD
FLAHERTY PAUL J
Director
- 2199
39.28 USD
7. News
Mueller Industries, Inc. Declares Cash Dividend for Fourth Quarter COLLIERVILLE, Tenn.--(BUSINESS WIRE)--Mueller Industries, Inc. (NYSE: MLI) announced today that its Board of Directors has declared a regular cash dividend on its common stock of 20 cents per share. The dividend will be paid on December 20, 2024 to shareholders of record on December 6, 2024. Mueller Industries, Inc. (NYSE: MLI) is an industrial corporation whose holdings manufacture vital goods for important markets such as air, water, oil and gas distribution; climate comfort; food preservatio. businesswire.com - 1 week ago
Mueller is a Copper Powerhouse Mueller Industries, Inc. (MLI) is a big-time player in copper, making its shares rise. fxempire.com - 3 weeks ago
Mueller Industries, Inc. Reports Third Quarter 2024 Earnings COLLIERVILLE, Tenn.--(BUSINESS WIRE)--Mueller Industries, Inc. (NYSE: MLI) announces results for the third quarter of 2024. Comparisons are to the third quarter of 2023. Net Sales of $997.8 million versus $819.8 million Operating Income of $206.7 million versus $181.0 million Earnings Before Taxes of $217.8 million versus $189.0 million Net Income of $168.7 million versus $132.7 million Diluted EPS of $1.48 versus $1.171 Third Quarter Financial and Operating Highlights: COMEX copper averaged $4. businesswire.com - 3 weeks ago
Mueller Industries: A Wonderful Company At A Fair Price Mueller Industries has delivered over 487% TSR in five years, significantly outperforming the SPY, and remains attractively valued with strong profitability and returns. Revenues grew from $2.43B in 2019 to $3.4B TTM, with NOPAT compounding at 32% annually, boosting ROIC from 8.9% to 25%. Management has created $1.77B in shareholder value since 2019, but recent declines in NOPAT margins and FCF warrant close monitoring. seekingalpha.com - 1 month ago
2 Spectacular Stocks to Buy in September One has delivered spectacular returns. One has spectacular potential. fool.com - 2 months ago
The 3 Most Undervalued Small-Cap Stocks to Buy in July 2024 Small-cap stocks are out of favor with investors right now and have been for some time. The Russell 2000 index comprised of the 2,000 smallest U.S. stocks, generally those with a market capitalization of under $10 billion, is up only 1% this year. investorplace.com - 4 months ago
Made in the USA: 3 Stocks to Buy That Actually Build Things in America Bloomberg's “Odd Lots” podcast recently discussed with energy investor John Arnold why it's so difficult to build products in America. The discussion got me thinking about American manufacturing stocks. investorplace.com - 4 months ago
The Transformation Continues For Mueller Industries Mueller Industries' margins have remained strong despite declining copper prices, indicating a fundamental change in their business model. The company has announced a significant acquisition, signaling a shift in their strategy towards horizontal acquisitions. The acquisition of Nehring Electrical Works Company could potentially boost Mueller Industries' EBITDA and EPS. seekingalpha.com - 5 months ago
Mueller Industries, Inc. Completes Acquisition of Nehring Electrical Works Company COLLIERVILLE, Tenn.--(BUSINESS WIRE)--Mueller Industries, Inc. (NYSE: MLI) today announced that it has completed its acquisition of Nehring Electrical Works Company and certain of its affiliated companies (collectively, “Nehring”). Founded in 1912 and headquartered in DeKalb, Illinois, Nehring produces high-quality wire and cable solutions for the utility, telecommunication, electrical distribution, and OEM markets. The acquisition of Nehring provides a substantial platform for long-term growth. businesswire.com - 5 months ago
Mueller Industries, Inc. Declares Cash Dividend for Second Quarter COLLIERVILLE, Tenn.--(BUSINESS WIRE)--Mueller Industries, Inc. (NYSE: MLI) announced today that its Board of Directors has declared a regular quarterly cash dividend on its common stock of 20 cents per share. The dividend will be payable June 21, 2024 to shareholders of record on June 7, 2024. Mueller Industries, Inc. (NYSE: MLI) is an industrial corporation whose holdings manufacture vital goods for important markets such as air, water, oil and gas distribution; climate comfort; food preservat. businesswire.com - 6 months ago
Shhh! 3 Secret Stocks Flying Below Wall Street's Radar There are thousands of stocks for investors to choose from, many of which are undervalued stocks despite consistently outperforming the market. Typically, the same companies get attention from analysts, investors and the business press. investorplace.com - 6 months ago
Mueller Industries, Inc. Reports First Quarter 2024 Earnings COLLIERVILLE, Tenn.--(BUSINESS WIRE)--Mueller Industries, Inc. (NYSE: MLI) announces results for the first quarter of 2024. Comparisons are to the first quarter of 2023. Net Income of $138.4 million versus $173.2 million Earnings Before Taxes of $201.6 million versus $237.4 million Net Sales of $849.7 million versus $971.2 million Diluted EPS* of $1.21 versus $1.54 (*adjusted retroactively to reflect the two-for-one stock split that took effect on October 20, 2023) First Quarter Financial and O. businesswire.com - 6 months ago
8. Profile Summary

Mueller Industries, Inc. MLI

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COUNTRY US
INDUSTRY Manufacturing - Metal Fabrication
MARKET CAP $ 10.1 B
Dividend Yield 0.28%
Description 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.
Contact 150 Schilling Boulevard, Collierville, TN, 38017 https://www.muellerindustries.com
IPO Date Feb. 25, 1991
Employees 4509
Officers Mr. Christopher A. Mitchell President of Brass & Aluminum Mr. Steffen Sigloch Chief Manufacturing Officer Mr. Gregory L. Christopher Chairman of the Board & Chief Executive Officer Mr. Jeffrey A. Martin Executive Vice President, Chief Financial Officer & Treasurer Mr. Christopher John Miritello Executive Vice President, General Counsel & Corporate Secretary Mr. Brian K. Barksdale Vice President of Marketing Mr. Daniel R. Corbin Senior Vice President of Manufacturing Mr. Nadiem Umar President of International Division Mr. Anthony J. Steinriede Vice President & Corporate Controller Mr. Gary Westermeyer President & GM of Westermeyer Industries