Mueller Industries (MLI) AI Stock Analysis

• Market Cap: $9.77B
• Dividend Yield: 1.01%
• Average Volume (3M): 1.66M
• Price to Earnings (P/E): 14.0
• Beta (1Y): 0.96
• Revenue Growth: 19.42%
• EPS Growth: 30.15%
• Country: US
• Employees: 5,168
• Sector: Industrials
• Sector Strength: 93
• Industry: Manufacturing - Metal Fabrication
• EPS (TTM): 1.96
• Shares Outstanding: 110,700,750
• 10 Day Avg. Volume: 1,018,428
• 30 Day Avg. Volume: 1,655,691
• PEG Ratio: 0.93
• Price to Book (P/B): 3.31
• Price to Sales (P/S): 0.00
• P/FCF Ratio: 16.64
• Enterprise Value/Market Cap: 0.90
• Enterprise Value/Revenue: 1.05
• Enterprise Value/Gross Profit: 29.65
• Enterprise Value/Ebitda: 13.22
• 1Y Price Target: $101.50
• Price Target Upside: 14.40% Upside
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 2

• Rating: 74 Outperform
• Price Target: $96.00 ▲(8.21%Upside)

Mueller Industries benefits from strong financial performance and a solid corporate event, with a reasonable valuation. Despite positive momentum, technical analysis indicates potential overbought conditions. The firm's financial stability and dividend commitment remain key strengths.

Mueller Industries Business Overview & Revenue Model

Company 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.

How the Company Makes Money

Mueller Industries generates revenue through the manufacturing and sale of a wide array of products across its core segments, which include Piping Systems, Industrial Metals, and Climate. These segments encompass products like copper and aluminum tubes, fittings, brass and copper alloy rods, bars, and forgings, as well as valves and refrigeration components. The company sells its products directly to wholesalers, distributors, and original equipment manufacturers (OEMs), who then supply them to end-users in various industries such as construction, automotive, and HVAC. Key revenue streams include domestic and international sales, with the company leveraging its extensive distribution network and strategic partnerships to enhance market reach and customer engagement. Additionally, Mueller Industries benefits from its operational efficiencies and economies of scale, which help maintain competitive pricing and profitability.

Mueller Industries Financial Statement Overview

Summary

Mueller Industries demonstrates strong profitability with consistent margins and a solid balance sheet. While revenue growth and cash reserves show slight weaknesses, the overall financial health is robust, supported by effective cost management and operational efficiency.

Income Statement

Mueller Industries demonstrates strong profitability with consistent gross and net profit margins. The TTM (Trailing-Twelve-Months) gross profit margin stands at 46%, supported by robust net income levels. Despite a slight decline in revenue growth over the years, the company maintains a healthy EBIT margin of 20% and strong EBITDA performance. The revenue growth rate has shown fluctuations, but overall profitability remains stable, indicating effective cost management and operational efficiency.

Balance Sheet

The company maintains a solid balance sheet with a low debt-to-equity ratio, reflecting conservative leverage practices. The equity ratio is impressive at approximately 83% for TTM, indicating a strong financial foundation. Return on equity (ROE) is healthy, though slightly declining, suggesting profit generation challenges. The company's steady stockholders' equity growth provides resilience against financial uncertainties despite the slight decrease in cash reserves.

Cash Flow

Mueller Industries showcases a robust cash flow profile with consistent free cash flow generation and a positive free cash flow growth trend. The operating cash flow to net income ratio is strong, indicating effective conversion of profits into cash. While capital expenditures are manageable, there is a noticeable decline in investing cash flow, which warrants monitoring. Overall, the cash flow stability supports ongoing operational and strategic initiatives.

Breakdown	Dec 2024	Dec 2022	Dec 2021	Dec 2020	Dec 2019
Income Statement
Total Revenue	3.77B	3.98B	3.77B	2.40B	2.43B
Gross Profit	1.04B	1.12B	830.36M	431.88M	395.01M
EBITDA	874.00M	920.57M	699.91M	273.28M	234.46M
Net Income	604.88M	658.32M	468.52M	139.49M	100.97M
Balance Sheet
Total Assets	3.29B	2.24B	1.73B	1.53B	1.37B
Cash, Cash Equivalents and Short-Term Investments	1.06B	678.88M	87.92M	119.08M	97.94M
Total Debt	33.76M	23.85M	24.99M	355.74M	386.25M
Total Liabilities	486.50M	428.44M	471.97M	727.51M	708.80M
Stockholders Equity	2.77B	1.79B	1.22B	776.75M	643.47M
Cash Flow
Free Cash Flow	565.71M	686.30M	279.87M	201.19M	169.38M
Operating Cash Flow	645.91M	723.94M	311.70M	245.07M	200.54M
Investing Cash Flow	-606.93M	-242.00M	29.07M	-125.62M	-40.46M
Financing Cash Flow	-160.48M	-102.66M	-376.72M	-92.26M	-139.69M

Mueller Industries Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 88.72
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Negative
• RSI: Negative
• STOCH: Negative

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For MLI, the sentiment is Positive. The current price of 88.72 is above the 20-day moving average (MA) of 84.41, above the 50-day MA of 79.93, and above the 200-day MA of 79.16, indicating a bullish trend. The MACD of 2.37 indicates Negative momentum. The RSI at 70.15 is Negative, neither overbought nor oversold. The STOCH value of 94.58 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for MLI.

Mueller Industries Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
AZZ	81 Outperform	$3.28B	12.68	23.85%	0.65%	1.70%	684.20%
ATI	77 Outperform	$13.16B	34.37	25.42%	―	6.82%	3.49%
CRS	77 Outperform	$13.59B	38.80	21.78%	0.29%	7.40%	168.67%
ESAB	75 Outperform	$8.01B	29.71	16.64%	0.26%	-1.85%	16.06%
MLI	74 Outperform	$9.77B	14.02	25.98%	1.01%	19.42%	30.15%
WOR	74 Outperform	$3.11B	32.40	10.52%	1.10%	-60.43%	-14.19%
Sector *	67 Neutral	€8.35B	21.01	6.46%	2.81%	1.89%	-39.33%

Mueller Industries Corporate Events

Mueller Industries’ Chief Manufacturing Officer Transition

Effective August 1, 2025, Steffen Sigloch will transition from his position as Chief Manufacturing Officer of Mueller Industries, Inc. to a new role as Strategic Advisor for Industry Relations. In this capacity, Mr. Sigloch will leverage his specialized expertise to advise the company and assist on various projects, potentially impacting the company’s operations and industry positioning.

The most recent analyst rating on (MLI) stock is a Buy with a $105.00 price target. To see the full list of analyst forecasts on Mueller Industries stock, see the MLI Stock Forecast page.

Mueller Industries Declares Quarterly Cash Dividend

On May 8, 2025, Mueller Industries held its Annual Meeting of Stockholders where three proposals were voted upon, including the election of directors, the appointment of Ernst & Young LLP as independent auditors, and an advisory vote on executive compensation. The following day, the company announced a regular quarterly cash dividend of 25 cents per share, payable on June 20, 2025, to shareholders of record on June 6, 2025. This dividend declaration reflects the company’s ongoing commitment to returning value to its shareholders.

The most recent analyst rating on (MLI) stock is a Buy with a $105.00 price target. To see the full list of analyst forecasts on Mueller Industries stock, see the MLI Stock Forecast page.