(MLI) Mueller Industries - NYSE
Sector: Industrials | Industry: Metal Fabrication | Exchange: NYSE (USA) | Market Cap: 15.191m USD | Total Return: 63.4% in 12m
Avg Turnover: 82.4M
EPS Trend: 79.1%
Qual. Beats: 1
Rev. Trend: 84.4%
Qual. Beats: 0
Warnings
Below Avwap Earnings
Tailwinds
No distinct edge detected
Mueller Industries, Inc. is a U.S.-based manufacturer of copper, brass, and aluminum products, operating since 1917 and headquartered in Collierville, Tennessee. The company sells into plumbing, refrigeration, HVAC, automotive, construction, utility, and electrical transmission markets across the United States, the United Kingdom, Canada, Asia, the Middle East, and Mexico.
The business is organized into three segments: Piping Systems (copper tubes, fittings, line sets, and pipe nipples sold to wholesalers, distributors, building material retailers, and HVAC OEMs), Industrial Metals (brass and copper alloy rods and bars, cold-form aluminum and copper products, machined components, forgings, valves, fluid control solutions, and specialty tubing for industrial, construction, and utility customers), and Climate (valves, protection devices, brass fittings, coaxial heat exchangers, twisted tubes, high-pressure HVAC components, and insulated flexible duct systems).
As a large-cap industrial machinery and components company, Muellers business model is closely tied to construction, housing, and HVAC end-markets, with copper price exposure and OEM customer relationships being key drivers of revenue. The companys diversified product portfolio and geographic footprint provide exposure to both domestic and international demand cycles.
- Copper price swings pressure Piping Systems margins
- HVAC demand recovery lifts Climate segment revenue
- Housing starts drive plumbing and refrigeration product volumes
| Net Income: 846.8m TTM > 0 and > 6% of Revenue |
| FCF/TA: 0.17 > 0.02 and ΔFCF/TA 0.90 > 1.0 |
| NWC/Revenue: 49.70% < 20% (prev 38.37%; Δ 11.34% < -1%) |
| CFO/TA 0.18 > 3% & CFO 721.6m > Net Income 846.8m |
| Net Debt (-1.38b) to EBITDA (1.20b): -1.15 < 3 |
| Current Ratio: 5.35 > 1.5 & < 3 |
| Outstanding Shares: last quarter (110.9m) vs 12m ago -2.68% < -2% |
| Gross Margin: 27.76% > 18% (prev 27.44%; Δ 0.32% > 0.5%) |
| Asset Turnover: 121.9% > 50% (prev 121.3%; Δ 0.58% > 0%) |
| Interest Coverage Ratio: 13.6k > 6 (EBIT TTM 1.13b / Interest Expense TTM 83.0k) |
| A: 0.55 (Total Current Assets 2.67b - Total Current Liabilities 499.3m) / Total Assets 3.94b |
| B: 1.00 (Retained Earnings 3.96b / Total Assets 3.94b) |
| C: 0.31 (EBIT TTM 1.13b / Avg Total Assets 3.59b) |
| D: 5.73 (Book Value of Equity 3.33b / Total Liabilities 581.5m) |
| Altman-Z'' = 15.03 = AAA |
| DSRI: 1.09 (Receivables 670.5m/553.1m, Revenue 4.37b/3.92b) |
| GMI: 0.99 (GM 27.44% / 27.76%) |
| AQI: 0.81 (AQ_t 0.18 / AQ_t-1 0.22) |
| SGI: 1.12 (Revenue 4.37b / 3.92b) |
| TATA: 0.03 (NI 846.8m - CFO 721.6m) / TA 3.94b) |
| Beneish M = -2.99 (Cap -4..+1) = A |
As of June 27, 2026, the stock is trading at USD 128.20 with a total of 1,219,041 shares traded. Over the past week, the price has changed by -6.69%, over one month by -7.19%, over three months by +17.39% and over the past year by +63.43%.
Current recommended Stop Loss: 120.10 (which is 6.3% or 2 ATR below the current price).
Mueller Industries has received a consensus analysts rating of 5.00. Therefore, it is recommended to buy MLI.
- StrongBuy: 1
- Buy: 0
- Hold: 0
- Sell: 0
- StrongSell: 0
| Analysts Target Price | 149 | 16.2% |
P/E Trailing = 18.0066
P/E Forward = 18.1818
P/S = 3.4752
P/B = 4.5559
P/EG = 3.4081
Revenue TTM = 4.37b USD
EBIT TTM = 1.13b USD
EBITDA TTM = 1.20b USD
Long Term Debt = 14.9m USD (estimated: total debt 22.8m - short term 7.91m)
Short Term Debt = 7.91m USD (from shortTermDebt, last quarter)
Debt = 22.8m USD (from shortLongTermDebtTotal, last quarter) (leases 22.8m already included)
Net Debt = -1.38b USD (calculated: Debt 22.8m - CCE 1.40b)
Enterprise Value = 13.8b USD (15.2b + Debt 22.8m - CCE 1.40b)
Interest Coverage Ratio = 13.6k (Ebit TTM 1.13b / Interest Expense TTM 83.0k)
EV/FCF = 21.18x (Enterprise Value 13.8b / FCF TTM 652.2m)
FCF Yield = 4.72% (FCF TTM 652.2m / Enterprise Value 13.8b)
FCF Margin = 14.92% (FCF TTM 652.2m / Revenue TTM 4.37b)
Net Margin = 19.37% (Net Income TTM 846.8m / Revenue TTM 4.37b)
Gross Margin = 27.76% ((Revenue TTM 4.37b - Cost of Revenue TTM 3.16b) / Revenue TTM)
Gross Margin QoQ = 28.65% (prev 21.61%)
Tobins Q-Ratio = 3.50 (Enterprise Value 13.8b / Total Assets 3.94b)
Interest Expense / Debt = 0.36% (Interest Expense 83.0k / Debt 22.8m)
Taxrate = 24.32% (275.0m / 1.13b)
NOPAT = 853.4m (EBIT 1.13b * (1 - 24.32%))
Current Ratio = 5.35 (Total Current Assets 2.67b / Total Current Liabilities 499.3m)
Debt / Equity = 0.01 (Debt 22.8m / totalStockholderEquity, last quarter 3.33b)
Debt / EBITDA = -1.15 (Net Debt -1.38b / EBITDA 1.20b)
Debt / FCF = -2.12 (Net Debt -1.38b / FCF TTM 652.2m)
Total Stockholder Equity = 2.95b (last 4 quarters mean from totalStockholderEquity)
RoA = 23.61% (Net Income 846.8m / Total Assets 3.94b)
RoE = 28.67% (Net Income TTM 846.8m / Total Stockholder Equity 2.95b)
RoCE = 37.99% (EBIT 1.13b / Capital Employed (Equity 2.95b + L.T.Debt 14.9m))
RoIC = 26.40% (NOPAT 853.4m / Invested Capital 3.23b)
WACC = 9.71% (E(15.2b)/V(15.2b) * Re(9.72%) + D(22.8m)/V(15.2b) * Rd(0.36%) * (1-Tc(0.24)))
Discount Rate = 9.72% (= CAPM, Blume Beta Adj.)
Shares (quarterly) Correlation: -84.11 | Cagr: -1.21%
[DCF] Terminal Value 73.71% ; FCFF base≈593.5m ; Y1≈680.3m ; Y5≈1.00b
[DCF] Fair Price = 122.5 (EV 12.2b - Net Debt -1.38b = Equity 13.5b / Shares 110.6m; r=9.71% [WACC]; 5y FCF grow 15.0% → 2.50% )
EPS Correlation: 79.13 | EPS CAGR: 10.72% | SUE: 2.96 | # QB: 1
Revenue Correlation: 84.44 | Revenue CAGR: 8.97% | SUE: 0.23 | # QB: 0
EPS current Quarter (2026-06-30): EPS=2.30 | Chg30d=+0.00% | Revisions=+20% | Analysts=1
EPS next Quarter (2026-09-30): EPS=2.15 | Chg30d=+0.00% | Revisions=+20% | Analysts=1
EPS current Year (2026-12-31): EPS=8.40 | Chg30d=+0.00% | Revisions=+20% | GrowthEPS=+32.5% | GrowthRev=+14.1%
EPS next Year (2027-12-31): EPS=8.75 | Chg30d=+0.00% | Revisions=+20% | GrowthEPS=+4.2% | GrowthRev=+8.7%