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Mueller Industries
(NYSE:MLI)
Select Model
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Rating:84Outperform
Price Target:
$81.00
▲(26.74% Upside)
Action:Reiterated
Date:08/12/26
MLI scores well primarily due to strong financial performance (high profitability and very low leverage). Technicals are also supportive with the stock trading above key moving averages and positive momentum, though near-overbought signals add some caution. Valuation is reasonable but not especially cheap, and recent cash-flow softness is the key fundamental watch item; corporate events are a modest positive.
Positive Factors
Revenue Growth and Scale
Higher revenue and expanding scale support operating leverage, customer reach, and manufacturing efficiency across plumbing, HVAC/R, refrigeration, and industrial end markets.
Negative Factors
Free Cash Flow Decline
The sharp decline in free cash flow could constrain internally funded investment and shareholder returns if it persists, making cash conversion a key medium-term indicator despite still-positive generation.
Read all positive and negative factors
Positive Factors
Negative Factors
Revenue Growth and Scale
Higher revenue and expanding scale support operating leverage, customer reach, and manufacturing efficiency across plumbing, HVAC/R, refrigeration, and industrial end markets.
Read all positive factors
Mueller Industries (MLI) vs. SPDR S&P 500 ETF (SPY)
Market Cap
$13.70B
Dividend Yield1.34%
Average Volume (3M)1.70M
Price to Earnings (P/E)16.2
Beta (1Y)1.06
Revenue Growth14.81%
EPS Growth21.29%
CountryUS
Employees4,832
SectorIndustrials
Sector Strength72
IndustryManufacturing - Metal Fabrication
Share Statistics
EPS (TTM)3.90
Shares Outstanding221,181,380
10 Day Avg. Volume1,748,020
30 Day Avg. Volume1,697,258
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 Cap<0.01
Enterprise Value/Revenue<0.01
Enterprise Value/Gross Profit<0.01
Enterprise Value/Ebitda<0.01
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusModerate Buy
Number of Analyst Covering1
EPS Forecast (FY)4.05
Revenue Forecast (FY)$4.77B
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 metal- and plastic-based components (and related finished/semi-finished products) used in plumbing, HVAC/R, refrigeration, and industrial applications. Its revenue model is larg...
Mueller Industries Financial Statement Overview
Summary
Income Statement
90
Very Positive
Balance Sheet
96
Very Positive
Cash Flow
78
Positive
| Breakdown | TTM | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 4.66B | 4.18B | 3.77B | 3.42B | 3.98B | 3.77B |
| Gross Profit | 1.27B | 1.14B | 1.04B | 986.83M | 1.12B | 830.36M |
| EBITDA | 1.20B | 1.09B | 874.00M | 886.41M | 920.57M | 694.24M |
| Net Income | 850.51M | 765.19M | 604.88M | 602.90M | 658.32M | 468.52M |
Balance Sheet | ||||||
| Total Assets | 4.26B | 3.02B | 3.29B | 2.76B | 2.24B | 1.73B |
| Cash, Cash Equivalents and Short-Term Investments | 1.42B | 1.39B | 1.06B | 1.27B | 678.88M | 87.92M |
| Total Debt | 24.68M | 46.46M | 33.76M | 35.56M | 23.85M | 24.99M |
| Total Liabilities | 683.25M | 497.12M | 486.50M | 400.58M | 428.44M | 471.97M |
| Stockholders Equity | 3.55B | 2.49B | 2.77B | 2.34B | 1.79B | 1.22B |
Cash Flow | ||||||
| Free Cash Flow | 374.14M | 686.64M | 565.71M | 618.74M | 686.30M | 279.87M |
| Operating Cash Flow | 451.05M | 755.44M | 645.91M | 672.77M | 723.94M | 311.70M |
| Investing Cash Flow | -117.26M | -24.91M | -606.93M | 135.08M | -242.00M | 29.07M |
| Financing Cash Flow | -5.08M | -394.62M | -160.48M | -104.51M | -102.66M | -376.72M |
Mueller Industries Technical Analysis
Negative
63.91
Price Trends
63.97
Negative
64.40
Negative
61.15
Positive
Market Momentum
0.06
Positive
43.46
Neutral
8.18
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 63.91 is below the 20-day moving average (MA) of 66.45, below the 50-day MA of 63.97, and above the 200-day MA of 61.15, indicating a neutral trend. The MACD of 0.06 indicates Positive momentum. The RSI at 43.46 is Neutral, neither overbought nor oversold. The STOCH value of 8.18 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 |
|---|---|---|---|---|---|---|---|
84 Outperform | $13.70B | 16.19 | 27.33% | 1.33% | 14.81% | 21.29% | |
75 Outperform | $28.49B | 59.32 | 26.59% | ― | 4.58% | 15.71% | |
73 Outperform | $4.19B | 21.37 | 14.87% | 0.56% | 5.68% | -23.91% | |
72 Outperform | $24.24B | 46.49 | 25.87% | 0.13% | 8.59% | 41.32% | |
72 Outperform | $2.76B | 17.82 | 15.80% | 1.36% | 19.72% | 63.76% | |
63 Neutral | $10.79B | 15.43 | 7.44% | 2.01% | 2.89% | -14.66% | |
63 Neutral | $4.89B | 29.82 | 7.66% | 0.50% | 9.65% | -33.80% |
* Industrials Sector Average
MLI
Mueller Industries
63.22
16.54
35.44%
ATI
ATI
207.01
133.30
180.84%
AZZ
AZZ
141.28
25.73
22.27%
CRS
Carpenter Technology
492.38
249.15
102.43%
WOR
Worthington Industries
56.86
-9.29
-14.05%
ESAB
ESAB Corporation
81.40
-35.27
-30.23%
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...
Regulatory Filings and ComplianceStock Split
Mueller Industries Completes Two-for-One Stock Split
Positive
Jul 1, 2026
On June 1, 2026, Mueller Industries, Inc. announced a two-for-one forward stock split of its issued common stock, to be implemented via an amendment to its Restated Certificate of Incorporation in Delaware. On June 29, 2026, the company filed this...
Regulatory Filings and ComplianceStock Split
Mueller Industries Announces Two-for-One Forward Stock Split
Positive
Jun 2, 2026
On June 1, 2026, Mueller Industries, Inc. announced that its board had approved a two-for-one forward stock split of its common shares, to be implemented via an amendment to its Restated Certificate of Incorporation and a proportionate increase in...
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.