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Mueller Industries
(NYSE:MLI)
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Rating:77Outperform
Price Target:
$64.00
▲(4.05% Upside)
Action:Reiterated
Date:10/21/26
The score is primarily driven by strong financial performance—especially the very low-debt balance sheet and solid profitability—tempered by near-term signs of margin and cash-conversion softening. Technicals are the largest headwind due to a clear downtrend and negative momentum, while a reasonable valuation and ongoing dividend support the overall rating.
Positive Factors
Conservative Balance Sheet
Minimal leverage gives Mueller substantial financial flexibility and reduces solvency risk through changing industrial and construction conditions. Strong equity returns also indicate effective capital use without relying heavily on debt, supporting resilience and future investment capacity.
Negative Factors
Margin Compression
Recent margin deterioration indicates a less favorable pricing or cost environment than in prior periods. If sustained, lower conversion profitability could reduce earnings growth even when revenue expands, limiting the benefit of volume gains and potentially constraining future capital allocation.
Read all positive and negative factors
Positive Factors
Negative Factors
Conservative Balance Sheet
Minimal leverage gives Mueller substantial financial flexibility and reduces solvency risk through changing industrial and construction conditions. Strong equity returns also indicate effective capital use without relying heavily on debt, supporting resilience and future investment capacity.
Read all positive factors
Mueller Industries (MLI) vs. SPDR S&P 500 ETF (SPY)
Market Cap
$11.79B
Dividend Yield1.2%
Average Volume (3M)1.90M
Price to Earnings (P/E)13.6
Beta (1Y)1.00
Revenue Growth20.83%
EPS Growth16.24%
CountryUS
Employees4,832
SectorIndustrials
Sector Strength72
IndustryManufacturing - Metal Fabrication
Share Statistics
EPS (TTM)3.98
Shares Outstanding217,974,380
10 Day Avg. Volume1,913,226
30 Day Avg. Volume1,903,545
Financial Highlights & Ratios
PEG Ratio0.59
Price to Book (P/B)5.17
Price to Sales (P/S)3.08
P/FCF Ratio18.77
Enterprise Value/Market Cap1.01
Enterprise Value/Revenue2.38
Enterprise Value/Gross Profit8.99
Enterprise Value/Ebitda9.78
Forecast
1Y Price Target
$76.00Price Target Upside23.56% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering1
EPS Forecast (FY)4.24
Revenue Forecast (FY)$5.07B
Mueller Industries Business Overview & Revenue Model
Company Description
Mueller Industries, Inc., established in 1917 and based in Collierville, Tennessee, is a global manufacturer and distributor of various products crafted from copper, brass, aluminum, and plastic. The company operates internationally, with a presen...
How the Company Makes Money
Mueller Industries makes money primarily by manufacturing and selling engineered commodity-based products (notably copper/brass and related alloys, as well as certain plastic and aluminum products) into building-services and industrial supply chai...
Mueller Industries Financial Statement Overview
Summary
Income Statement
86
Very Positive
Balance Sheet
95
Very Positive
Cash Flow
78
Positive
| Breakdown | TTM | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 5.00B | 4.18B | 3.77B | 3.42B | 3.98B | 3.77B |
| Gross Profit | 1.32B | 1.14B | 1.04B | 986.83M | 1.12B | 830.36M |
| EBITDA | 1.22B | 1.09B | 874.00M | 886.41M | 920.57M | 694.24M |
| Net Income | 863.59M | 765.19M | 604.88M | 602.90M | 658.32M | 468.52M |
Balance Sheet | ||||||
| Total Assets | 4.30B | 3.02B | 3.29B | 2.76B | 2.24B | 1.73B |
| Cash, Cash Equivalents and Short-Term Investments | 1.48B | 1.39B | 1.06B | 1.27B | 678.88M | 87.92M |
| Total Debt | 26.52M | 46.46M | 33.76M | 35.56M | 23.85M | 24.99M |
| Total Liabilities | 755.28M | 497.12M | 486.50M | 400.58M | 428.44M | 471.97M |
| Stockholders Equity | 3.51B | 2.49B | 2.77B | 2.34B | 1.79B | 1.22B |
Cash Flow | ||||||
| Free Cash Flow | 397.36M | 686.64M | 565.71M | 618.74M | 686.30M | 279.87M |
| Operating Cash Flow | 477.94M | 755.44M | 645.91M | 672.77M | 723.94M | 311.70M |
| Investing Cash Flow | -133.06M | -24.91M | -606.93M | 135.08M | -242.00M | 29.07M |
| Financing Cash Flow | -216.46M | -394.62M | -160.48M | -104.51M | -102.66M | -376.72M |
Mueller Industries Technical Analysis
Negative
61.51
Price Trends
61.24
Negative
62.65
Negative
62.19
Negative
Market Momentum
-1.46
Positive
27.33
Positive
19.95
Positive
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For MLI, the sentiment is Negative. The current price of 61.51 is above the 20-day moving average (MA) of 60.07, above the 50-day MA of 61.24, and below the 200-day MA of 62.19, indicating a bearish trend. The MACD of -1.46 indicates Positive momentum. The RSI at 27.33 is Positive, neither overbought nor oversold. The STOCH value of 19.95 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for MLI.
Mueller Industries Risk Analysis
Mueller Industries disclosed 11 risk factors in its most recent earnings report. Mueller Industries reported the most risks in the "Production" category.
Finance & Corporate - Financial and accounting risks. Risks related to the execution of corporate activity and strategy
Latest Risks Added 0 New Risks
Mueller Industries Peers Comparison
UnderperformOutperform
Sector (63)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
77 Outperform | $11.79B | 13.61 | 26.80% | 1.20% | 20.83% | 16.24% | |
75 Outperform | $21.36B | 44.95 | 26.59% | 1.81% | 4.58% | 15.71% | |
75 Outperform | $3.14B | 18.94 | 16.19% | 1.21% | 18.44% | 54.40% | |
68 Neutral | $537.58M | 18.27 | 8.02% | 4.03% | 14.17% | -27.88% | |
63 Neutral | $10.79B | 15.43 | 7.44% | 2.01% | 2.89% | -14.66% | |
50 Neutral | $1.15B | -133.90 | -0.96% | ― | 14.47% | -220.54% | |
50 Neutral | $1.45B | -22.76 | -3.18% | 2.68% | 31.54% | -171.56% |
* Industrials Sector Average
MLI
Mueller Industries
54.11
2.81
5.48%
ATI
ATI
156.88
65.17
71.06%
ROCK
Gibraltar Industries
38.83
-28.48
-42.31%
IIIN
Insteel Industries
27.77
-1.77
-5.98%
WOR
Worthington Industries
63.65
8.15
14.68%
RYZ
Ryerson Holdings
28.00
5.78
26.02%
Mueller Industries Corporate Events
Executive/Board ChangesDividends
Mueller Industries Announces Director Retirement and Dividend Declaration
Positive
Aug 10, 2026
On August 6, 2026, Mueller Industries, Inc. announced that longtime director Gary S. Gladstein notified the Board he will retire from the Board effective December 31, 2026, concluding a tenure that included service as Chairman from 2013 to 2015 an...
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.