CHARGED ALPHATMFrontier AI stock research

MLI · NYSE

Mueller Industries

Metal Fabrication · United States

USD 63.040.1% daily changeQuote 2026-10-06 · USD
Market cap (USD)
US$13.94B
Trailing P/E
16.42x
Forward P/E
14.39x
Quarterly revenue growth
25.5%
Trailing net margin
18.2%
Indicated dividend yield
1.1%

Snapshot 2026-10-06 · Latest financial period 2026-06-27 · Yahoo Finance. Quotes may be delayed; reporting periods can differ.

Next earnings: 2026-10-20 (provider estimate, not issuer-confirmed).

Company background

Mueller Industries, Inc. manufactures and sells copper, brass, and aluminum products in the United States, the United Kingdom, Canada, Asia and the Middle East, 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; resells steel pipe, brass and plastic plumbing valves, malleable iron fittings, faucets, and plumbing specialties. 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 offers brass, bronze, and copper alloy rods; brass rod, bar, and shapes; cold-form aluminum and copper products; high-volume machining of aluminum, steel, brass, and cast-iron impacts and castings for automotive applications; brass and aluminum forgings; brass, aluminum, and stainless steel valves; fluid control solutions; and gas train assembles; specialty copper, copper alloy, and aluminum tube to OEMs in the industrial, construction, plumbing, refrigeration, utility, telecommunication, and electrical transmission and distribution markets, as well as heating, ventilation, and air-conditioning (HVAC) markets. The Climate segment provides valves, protection devices, and brass fittings; and coaxial heat exchangers and twisted tubes to wholesalers and OEMs in the HVAC and refrigeration markets. This segment also manufactures and distributes high-pressure components and accessories, as well as insulated HVAC flexible duct systems. Mueller Industries, Inc. was founded in 1917 and is headquartered in Collierville, Tennessee.

Company website

Q2 2026

Go beyond the headline.

Mueller Industries (MLI) Q2 2026: Sales +25% on a Copper Boom — But We Say HOLD | Charged Alpha

Published 2026-07-21

Comparable businesses

MLI peer comparison

Same business group first, then company size. Preferred market cap: 0.5–2x; extended range: one-third–3x. Outside that range, industry benchmarks are labeled separately and excluded from peer medians.

Comparison stocks

Market metrics · missing or inapplicable values shown as —
MetricMLIMueller Industries, Inc.Snapshot 2026-10-06Financial period: 2026-06-27CRSCarpenter Technology CorporationSnapshot 2026-10-06Financial period: 2026-06-30WORWorthington Enterprises, Inc.Snapshot 2026-10-06Financial period: 2026-08-31
Market capMarket value, converted to USDUS$13.94BUS$19.35BUS$3.02B
Forward P/EProvider forward earnings estimate14.39x24.59x14.62x
EV / EBITDAEnterprise value / trailing EBITDA11.53x23.93x22.02x
Revenue growthLatest quarter vs prior-year quarter25.5%12.6%13.2%
Operating marginLatest reported quarter21.8%24.1%4.0%
Free cash flow yieldTrailing cash flow / market cap3.8%1.2%2.2%
Net debt / EBITDANet debt / trailing EBITDA-1.28x0.40x1.97x
Debt / equityTotal debt / positive book equity0.01x0.33x0.33x
Trailing P/ETrailing twelve-month earnings16.42x37.12x18.63x
Price / bookPrice / positive book equity per share3.93x8.70x3.02x
EV / salesEnterprise value / trailing revenue2.69x6.33x2.29x
Earnings growthLatest quarter vs prior-year quarter1.8%46.4%24.3%
Gross marginTrailing twelve months28.8%30.6%27.4%
Net marginTrailing twelve months18.2%17.0%11.5%
Return on equityProvider trailing return; positive equity only26.3%25.8%16.2%
Free cash flow marginTrailing free cash flow / revenue11.3%7.6%4.6%
Dividend yieldIndicated annual dividend / price1.1%0.2%1.3%
Earnings payoutProvider trailing dividend payout15.6%7.6%23.6%
Current ratioCurrent assets / current liabilities4.78x3.81x2.67x
BetaProvider historical market sensitivity1.091.291.19

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Reviewed operating groups override broad sector classifications. Other companies are matched only within a sufficiently specific provider industry. Business mix, geography and accounting standards can still differ. Market caps are converted to USD using exchange rates captured during the snapshot refresh. Financial ratios that would mix currencies are omitted. Snapshots must be at most 14 days old and no more than seven days apart for automatic selection.

Peer medians require at least two valid similar-size peers for each metric. Negative earnings, nonpositive equity, missing data and irrelevant bank ratios are not presented as attractive valuations. A higher or lower number is not automatically a better investment. Financial statement periods are not calendar-aligned across companies.

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Starting assumptions, when available, use provider forward estimates as of 2026-10-06. Negative earnings require a different valuation method. This calculation omits balance-sheet, dilution and execution risks.

THE RESEARCH RECORD

Research history for MLI

All available reporting periods
Q2 20262026-07-21
Q1 20262026-04-22
Deep Dive2026-04-22

Reported figures

Verify material figures against company filings. Market data and AI-assisted analysis may contain errors.