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MLI

MLI - Mueller Industries Inc Stock Price, Fair Value and News

58.37USD-0.28 (-0.48%)Market Closed

Market Summary

MLI
USD58.37-0.28
Market Closed
-0.48%

MLI Alerts

  • 3 major insider sales recently.
  • Big fall in Revenue (Y/Y)

MLI Stock Price

View Fullscreen

MLI RSI Chart

MLI Valuation

Market Cap

6.7B

Price/Earnings (Trailing)

11.73

Price/Sales (Trailing)

2.02

EV/EBITDA

6.25

Price/Free Cashflow

9.07

MLI Price/Sales (Trailing)

MLI Profitability

EBT Margin

24.53%

Return on Equity

23.43%

Return on Assets

19.63%

Free Cashflow Yield

11.03%

MLI Fundamentals

MLI Revenue

Revenue (TTM)

3.3B

Rev. Growth (Yr)

-12.51%

Rev. Growth (Qtr)

16.01%

MLI Earnings

Earnings (TTM)

568.0M

Earnings Growth (Yr)

-20.13%

Earnings Growth (Qtr)

16.04%

Breaking Down MLI Revenue

52 Week Range

57.7591.93
(Low)(High)

Last 7 days

5.1%

Last 30 days

9.0%

Last 90 days

19.8%

Trailing 12 Months

-21.7%

How does MLI drawdown profile look like?

MLI Financial Health

Current Ratio

6.05

Debt/Equity

5e-5

Debt/Cashflow

5.7K

MLI Investor Care

Dividend Yield

1.11%

Dividend/Share (TTM)

0.65

Shares Dilution (1Y)

99.31%

Diluted EPS (TTM)

4.99

Historical Charts for Stock Metrics

Get all data in R, Python etc through our Historical Stock Data APIs
Net sales
YearQ1Q2Q3Q4
20243.3B000
20233.9B3.7B3.6B3.4B
20224.0B4.1B4.1B4.0B
20212.6B3.1B3.5B3.8B
20202.4B2.3B2.3B2.4B
20192.5B2.5B2.4B2.4B
20182.3B2.4B2.5B2.5B
20172.1B2.2B2.2B2.3B
20162.1B2.1B2.1B2.1B
20152.3B2.2B2.2B2.1B
20142.2B2.2B2.3B2.4B
20132.2B2.2B156.3M2.2B
20122.3B2.2B2.2B2.2B
20112.3B2.4B2.5B2.4B
20101.7B1.9B2.0B2.1B
200902.2B1.9B1.5B
20080002.6B
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Tracking the Latest Insider Buys and Sells of Mueller Industries Inc

Filter Transactions
Datesorted ascendingNameBuy/Sell$ ValueAvg. Price# SharesTitle
Apr 29, 2024
gladstein gary s
acquired
114,940
11.755
9,778
-
Apr 26, 2024
gladstein gary s
sold
-248,965
58.58
-4,250
-
Apr 26, 2024
martin jeffrey andrew
sold
-3,002,050
57.2517
-52,436
evp, cfo & treasurer
Apr 25, 2024
hansen john b
sold
-229,178
57.2944
-4,000
-
Feb 28, 2024
christopher gregory l.
sold (taxes)
-1,724,990
51.17
-33,711
chairman of the board & ceo
Feb 28, 2024
miritello christopher john
sold (taxes)
-95,687
51.17
-1,870
evp, gen. counsel, secretary
Feb 28, 2024
martin jeffrey andrew
sold (taxes)
-249,454
51.17
-4,875
evp, cfo & treasurer
Feb 28, 2024
sigloch steffen
sold (taxes)
-415,756
51.17
-8,125
chief manufacturing officer
Feb 12, 2024
goldman scott jay
acquired
114,940
11.755
9,778
-
Feb 12, 2024
goldman scott jay
sold (taxes)
-114,919
49.77
-2,309
-

1–10 of 50

Which funds bought or sold MLI recently?

View All Details
Datesorted ascendingFund NameType% Chg$ Change$ Held% Portfolio
May 06, 2024
AIA Group Ltd
reduced
-49.7
-476,856
645,974
0.02%
May 06, 2024
Spectrum Wealth Counsel, LLC
added
15.11
821,106
3,414,310
0.42%
May 06, 2024
TEACHER RETIREMENT SYSTEM OF TEXAS
reduced
-7.61
107,000
1,986,000
0.01%
May 06, 2024
SG Americas Securities, LLC
added
262
376,000
495,000
-%
May 06, 2024
Gallacher Capital Management LLC
reduced
-50.48
-181,272
236,797
0.12%
May 06, 2024
NEW YORK LIFE INVESTMENT MANAGEMENT LLC
reduced
-28.31
-79,776
363,434
-%
May 06, 2024
LSV ASSET MANAGEMENT
added
1.27
10,717,000
78,391,000
0.16%
May 06, 2024
TEXAS PERMANENT SCHOOL FUND CORP
added
1.31
734,336
5,358,430
0.04%
May 06, 2024
Millington Financial Advisors, LLC
added
4.38
300,100
1,848,140
1.32%
May 06, 2024
Parallel Advisors, LLC
unchanged
-
176
1,402
-%

1–10 of 49

Are Funds Buying or Selling MLI?

Are funds buying MLI calls or puts?
Calls
Puts
No. of funds holding Calls - Puts
Net Call Options
No. of funds that own MLI
No. of Funds

Unveiling Mueller Industries Inc's Major ShareHolders

Date FiledName of FilerPercent of ClassNo. of SharesForm Type
Apr 23, 2024
gamco investors, inc. et al
1.91%
2,167,700
SC 13D/A
Feb 13, 2024
vanguard group inc
10.83%
12,299,997
SC 13G/A
Jan 22, 2024
blackrock inc.
16.4%
18,628,278
SC 13G/A
Jan 12, 2024
allspring global investments holdings, llc
4.44%
5,039,933
SC 13G/A
Jan 10, 2024
first trust portfolios lp
6.24%
7,085,950
SC 13G
Jun 30, 2023
gamco investors, inc. et al
2.46%
1,400,368
SC 13D/A
Feb 15, 2023
gamco investors, inc. et al
2.90%
1,646,700
SC 13D/A
Feb 09, 2023
vanguard group inc
10.94%
6,221,492
SC 13G/A
Jan 23, 2023
blackrock inc.
15.8%
9,011,331
SC 13G/A
Jan 13, 2023
allspring global investments holdings, llc
6.23%
3,543,586
SC 13G/A

Recent SEC filings of Mueller Industries Inc

View All Filings
Date Filed Form Type Document
Apr 29, 2024
4
Insider Trading
Apr 29, 2024
4
Insider Trading
Apr 26, 2024
144
Notice of Insider Sale Intent
Apr 25, 2024
4
Insider Trading
Apr 24, 2024
10-Q
Quarterly Report
Apr 24, 2024
8-K
Current Report
Apr 23, 2024
8-K
Current Report
Apr 23, 2024
SC 13D/A
13D - Major Acquisition
Apr 05, 2024
DEFA14A
DEFA14A
Mar 28, 2024
DEFA14A
DEFA14A

Peers (Alternatives to Mueller Industries Inc)

NameMkt Capsorted ascendingRevenuePrice %, 1MReturns, 1YP/EP/SRev 1-YrInc 1-Yr
LARGE-CAP
184.9B
69.5B
8.06% 67.36%
52.66
2.66
16.04% -60.91%
170.3B
67.0B
-9.08% 60.56%
15.15
2.54
8.59% 58.17%
39.3B
34.0B
-4.51% 28.32%
19.04
1.15
12.85% -19.64%
39.3B
6.7B
-6.90% 16.98%
29.78
5.83
7.11% 10.53%
12.7B
15.3B
-4.38% 12.87%
-919.7
0.83
13.36% -103.70%
MID-CAP
10.4B
6.9B
-3.72% 71.49%
60.31
1.5
3.19% 62.26%
6.6B
15.5B
-9.24% 41.30%
21.65
0.43
7.53% 3145.00%
6.4B
4.4B
1.21% 34.95%
27.24
1.44
17.31% 1.26%
4.3B
2.4B
5.11% 29.61%
29.91
1.81
4.48% -49.27%
2.3B
1.7B
-11.20% 6.69%
17.34
1.37
8.96% 15.52%
SMALL-CAP
1.2B
1.4B
-1.11% -47.47%
19.9
0.83
-13.54% -25.70%
860.7M
573.3M
29.46% 61.61%
26.6
1.5
26.00% -2.24%
813.9M
35.8M
-41.18% -39.08%
-0.86
22.71
-27.93% -18.06%
415.9M
135.4M
5.46% 246.92%
-25.36
3.07
-25.90% 65.37%
260.9M
99.2M
23.04% 300.51%
-21.3
2.63
-3.69% -37.37%

Mueller Industries Inc News

Latest updates
Yahoo Movies UK • 9 hours ago
Simply Wall St • 22 Apr 2024 • 07:00 am

Mueller Industries Inc Earnings Report: Key Takeaways & Analysis

Income Statement (Last 12 Months)
(In Millions)
Income Statement (Quarterly)
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2024Q12023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q1
Revenue16.0%8507328208979718789451,1501,0109569821,013818676619500603544609666612
Gross Profit----23.0020.00-26.0026.0019.00-16.0015.0010.00-8.0011.0013.00-17.0015.00-
  S&GA Expenses-5.5%48.0051.0048.0056.0053.0056.0050.0049.0047.0046.0049.0044.0045.0043.0038.0034.0043.0041.0041.0040.0041.00
EBITDA Margin-0.7%0.26*0.26*0.25*0.25*0.24*0.23*0.22*0.23*0.21*0.18*0.16*0.13*0.12*0.11*-------
Interest Expenses-83.9%0.001.000.000.000.000.000.000.000.000.001.002.004.004.005.005.005.006.006.007.007.00
Income Taxes11.6%52.0046.0051.0062.0061.0050.0051.0068.0054.0045.0060.0039.0022.0013.0015.0013.0014.008.008.0010.0010.00
Earnings Before Taxes13.3%20217818924123718620627121317223015189.0040.0065.0050.0054.0038.0041.0045.0042.00
EBT Margin-0.7%0.25*0.25*0.24*0.24*0.23*0.22*0.21*0.22*0.19*0.17*0.15*0.11*0.09*0.09*-------
Net Income16.0%13811913317817313915520715812617110963.0036.0043.0028.0032.0028.0029.0028.0016.00
Net Income Margin-2.3%0.17*0.18*0.17*0.17*0.17*0.17*0.16*0.16*0.14*0.12*0.11*0.08*0.07*0.06*-------
Free Cashflow-0.4%17417424813911220731214263.0013017232.00-22.5848.00-------
Balance Sheet
(In Millions)
Balance Sheet
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2024Q12023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q1
Assets4.9%2,8942,7592,6642,5762,4802,2422,1102,0471,9461,7291,7291,7891,6981,5291,4201,3231,4461,3711,4031,4171,475
  Current Assets7.1%2,1852,0401,9371,8521,7671,5351,4211,3361,2411,0191,0381,082987825730671774694731735785
    Cash Equivalents16.0%1,3581,17198077161246549921715190.0010812614912711412517298.0010394.0099.00
  Inventory-6.1%357380392466453449455476472430406385365315271244270292278300345
  Net PPE1.4%391385377387377380374388381386370385385377369363367363361365370
  Goodwill-0.4%151152151159158158157163172171160169168168185153161153152153153
Liabilities11.3%446401413433492428455501540472602816830728681633781709778813893
  Current Liabilities13.9%361317323345407348375419452382380362444340253229230234247227221
  Long Term Debt-29.7%0.000.001.001.001.001.001.001.001.001.00121351287287343323468379434479560
    LT Debt, Current-11.4%1.001.001.001.001.001.001.001.001.001.001.006.0010641.007.007.008.008.00---
    LT Debt, Non Current-29.7%0.000.001.001.001.001.001.001.001.001.00121351287287343323468379434479560
Shareholder's Equity3.7%2,4242,3372,2212,3771.001.001,62529136.001,4580.0028.001,07524.00278952280279881281279
  Retained Earnings4.5%2,7102,5942,4922,3772,2162,0601,9351,7951,6021,4581,3401,1771,0751,020989952930903881857835
  Additional Paid-In Capital2.1%319312314310303297294291289286283285283280278282280279276281279
Shares Outstanding-0.5%11411411457.0011111411256.0056.0011256.0056.0056.0056.00-------
Minority Interest12.8%24.0021.0030.0027.0025.0023.0029.0035.0036.0035.0019.0028.0027.0024.0022.0020.0020.0019.0017.0016.0017.00
Float----4,824---2,940---2,462---1,346---1,598-
Cashflow (Last 12 Months)
(In Thousands)
Cashflow (Quarterly)
(In Thousands)
(*) denotes actual numbers (not divided by Thousands)
Description(%) Q/Q2024Q12023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q1
Cashflow From Operations-0.4%173,625174,276247,660139,212111,618207,031312,378141,67562,859130,220172,20131,861-22,58148,19554,096114,73128,05168,61767,94488,656-24,673
  Share Based Compensation6.3%6,2315,8634,8096,8225,6375,5477,0832,5982,5732,5942,4112,7082,1092,2382,1342,2131,9852,3892,0532,2952,007
Cashflow From Investing72.0%70,43740,963-13,87956,79051,206-225,734-2,191-15,9971,919-14,74565,462-118-21,526-14,627-73,366-5,128-32,501-13,145-7,594-4,888-14,830
Cashflow From Financing-107.0%-52,807-25,510-23,433-36,467-19,099-21,364-20,008-57,025-4,258-132,575-253,870-55,25564,978-26,0126,271-157,03084,507-61,955-50,290-87,90160,452
  Dividend Payments33.0%22,25516,73516,73116,67316,72913,91113,90827,968-7,2917,300--5,5875,58611,168-5,5875,5875,5775,574
  Buy Backs924.0%27,930-3,3896,77919,303--4,58529,4973,9724,864------5,574---1,763
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MLI Income Statement

2024-03-30
CONDENSED CONSOLIDATED STATEMENTS OF INCOME (Unaudited) - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended
Mar. 30, 2024
Apr. 01, 2023
Income Statement [Abstract]  
Net sales$ 849,654$ 971,192
Cost of goods sold608,703678,798
Depreciation and amortization9,16910,657
Selling, general, and administrative expense48,35752,631
Operating income183,425229,106
Interest expense(115)(143)
Interest income17,2456,235
Realized gains on short-term investments3651,910
Other income, net630326
Income before income taxes201,550237,434
Income tax expense(51,834)(61,357)
Loss from unconsolidated affiliates, net of foreign tax(8,007)(984)
Consolidated net income141,709175,093
Net income attributable to noncontrolling interests(3,346)(1,854)
Net income attributable to Mueller Industries, Inc.$ 138,363$ 173,239
Weighted average shares for basic earnings per share (in shares)[1]111,416111,386
Effect of dilutive stock-based awards (in shares)[1]2,7291,414
Adjusted weighted average shares for diluted earnings per share (in shares)[1]114,145112,800
Basic earnings per share (in dollars per share)[1]$ 1.24$ 1.56
Diluted earnings per share (in dollars per share)[1]1.211.54
Dividends per share (in dollars per share)[1]$ 0.20$ 0.15
[1]Adjusted retroactively to reflect the two-for-one stock split that occurred on October 20, 2023. Refer to Note 2 - Earnings per Common Share for additional information.

MLI Balance Sheet

2024-03-30
CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Mar. 30, 2024
Dec. 30, 2023
Current assets:  
Cash and cash equivalents$ 1,357,952$ 1,170,893
Short-term investments098,146
Accounts receivable, less allowance for doubtful accounts of $2,698 in 2024 and $2,830 in 2023424,406351,561
Inventories356,869380,248
Other current assets45,37939,173
Total current assets2,184,6062,040,021
Property, plant, and equipment, net390,517385,165
Operating lease right-of-use assets33,81935,170
Goodwill, net151,246151,820
Intangible assets, net44,72146,208
Investments in unconsolidated affiliates71,64883,436
Other assets17,68517,481
Total assets2,894,2422,759,301
Current liabilities:  
Current portion of debt705796
Accounts payable160,133120,485
Accrued wages and other employee costs29,95455,644
Current portion of operating lease liabilities8,0727,893
Other current liabilities162,417132,320
Total current liabilities361,281317,138
Long-term debt, less current portion130185
Pension liabilities2,1442,832
Postretirement benefits other than pensions9,2179,230
Environmental reserves14,91915,030
Deferred income taxes22,68719,134
Noncurrent operating lease liabilities25,45126,683
Other noncurrent liabilities10,04310,353
Total liabilities445,872400,585
Mueller Industries, Inc. stockholders' equity:  
Preferred stock - $1.00 par value; shares authorized 5,000,000; none outstanding00
Common stock - $.01 par value; shares authorized 250,000,000; issued 160,366,008; outstanding 113,597,003 in 2024 and 114,157,918 in 20231,6041,604
Additional paid-in capital318,684312,171
Retained earnings2,709,9502,594,300
Accumulated other comprehensive loss(51,754)(47,221)
Treasury common stock, at cost(554,110)(523,409)
Total Mueller Industries, Inc. stockholders' equity2,424,3742,337,445
Noncontrolling interests23,99621,271
Total equity2,448,3702,358,716
Commitments and contingencies00
Total liabilities and equity$ 2,894,242$ 2,759,301
MLI
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, fittings, and gas assemblies; 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; and insulated HVAC flexible duct systems. Mueller Industries, Inc. was founded in 1917 and is headquartered in Collierville, Tennessee.
 CEO
 WEBSITEmuellerindustries.com
 INDUSTRYApparel Manufacturing
 EMPLOYEES5137

Mueller Industries Inc Frequently Asked Questions


What is the ticker symbol for Mueller Industries Inc? What does MLI stand for in stocks?

MLI is the stock ticker symbol of Mueller Industries Inc. Every public company that trades on a stock exchange gets a ticker symbol.

What is the market capital of Mueller Industries Inc (MLI)?

As of Tue May 07 2024, market cap of Mueller Industries Inc is 6.66 Billion. The market capitalization is calculated by multiplying the stock price with the number of shares outstanding.

What is the fair value of MLI stock?

You can check MLI's fair value in chart for subscribers.

What is the fair value of MLI stock?

You can check MLI's fair value in chart for subscribers. The fair value of Mueller Industries Inc is provided for various growth and macro-economic scenarios from very pessimiatic to very optimistic assumptions. These fair values are estimates from Grufity's Fair Value model based on company's past performance. However, past performance of Mueller Industries Inc is no guarantee of future performance. These fairvalue estimates should only be used as one of the inputs in your stock analysis. We provide model's historical fair value estimates for MLI so that you know how good or bad the model has been in the past so you can discard it if needed. There are others that provide fair values of stocks such as wallmine, finbox, gurufocus and finviz. Most provide point in time estimates. We provide a history of our models fair value estimates so that you can get a sense of it's usefulness. Otherwise this data point is of little use.

Is Mueller Industries Inc a good stock to buy?

The fair value guage provides a quick view whether MLI is over valued or under valued. Whether Mueller Industries Inc is cheap or expensive depends on the assumptions which impact Mueller Industries Inc's fair value. We provide several scenarios of inflation and growth to encompass these range of assumptions for MLI.

What is Mueller Industries Inc's Price to Earnings (PE) and Price to sales (PS) ratio?

As of Tue May 07 2024, MLI's PE ratio (Price to Earnings) is 11.73 and Price to Sales (PS) ratio is 2.02. The price to earnings and price to sales ratio are two most important valuation metrics for any company. PE ratio tell us the number of years of earnings investors are ready to pay for owning the company. Historically, S&P500 price to earnings ratio has fallen below 12 during periods of gloom and gone past 30 during periods of euphoria. MLI PE ratio will change depending on the future growth rate expectations of investors.

What is 5 year return on Mueller Industries Inc's stock?

In the past 10 years, Mueller Industries Inc has provided 0.085 (multiply by 100 for percentage) rate of return.