Mueller Industries, Inc. (MLI)
Market Cap | 5.35B |
Revenue (ttm) | 3.57B |
Net Income (ttm) | 622.57M |
Shares Out | 113.52M |
EPS (ttm) | 5.50 |
PE Ratio | 8.57 |
Forward PE | 14.54 |
Dividend | $1.05 (2.23%) |
Ex-Dividend Date | Nov 30, 2023 |
Volume | 389,868 |
Open | 47.56 |
Previous Close | 47.75 |
Day's Range | 47.13 - 47.88 |
52-Week Range | 29.08 - 48.70 |
Beta | 1.06 |
Analysts | n/a |
Price Target | n/a |
Earnings Date | Feb 6, 2024 |
About 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... [Read more]
Financial Performance
In 2022, MLI's revenue was $3.98 billion, an increase of 5.65% compared to the previous year's $3.77 billion. Earnings were $658.32 million, an increase of 40.51%.
Financial StatementsNews
Mueller Industries, Inc. Declares Cash Dividend for Fourth Quarter
COLLIERVILLE, Tenn.--(BUSINESS WIRE)--Mueller Industries, Inc. (NYSE: MLI) announced today that its Board of Directors has declared a regular quarterly cash dividend on its common stock of 15 cents pe...
Mueller Industries, Inc. Reports Third Quarter 2023 Earnings
COLLIERVILLE, Tenn.--(BUSINESS WIRE)--Mueller Industries, Inc. (NYSE: MLI) announces results for the third quarter of 2023. Comparisons are to the third quarter of 2022. Operating Income of $181.0 mil...
Mueller Industries, Inc. Announces Two-for-One Stock Split
COLLIERVILLE, Tenn.--(BUSINESS WIRE)--Mueller Industries, Inc. (NYSE: MLI) announced today that its Board of Directors has declared a two-for-one stock split to be effected in the form of a 100 percen...
Mueller Industries, Inc. Announces Special Meeting to Approve Increase in Authorized Common Stock
COLLIERVILLE, Tenn.--(BUSINESS WIRE)--Mueller Industries, Inc. (NYSE: MLI) today announced that is has filed a preliminary proxy statement with the Securities and Exchange Commission for a special mee...
Mueller Industries, Inc. Declares Cash Dividend for Third Quarter
COLLIERVILLE, Tenn.--(BUSINESS WIRE)--Mueller Industries, Inc. (NYSE: MLI) announced today that its Board of Directors has declared a regular quarterly cash dividend on its common stock of 30 cents pe...
Mueller Industries, Inc. Reports Second Quarter 2023 Earnings
COLLIERVILLE, Tenn.--(BUSINESS WIRE)--Mueller Industries, Inc. (NYSE: MLI) announces results for the second quarter of 2023. Comparisons are to the second quarter of 2022, which, for context, yielded ...
Mueller Industries: Fairly Valued With Limited Growth Prospects
Muller Industries (MLI, Financial) manufactures a diverse range of products, including copper, brass, aluminum and plastic products such as valves, fittings, tubes, faucets, impact extrusions and flex...
Civitas and Mueller Can Boast High Profit, Low Debt
Two of the badges of corporate success are high profits and low debt.
Mueller Industries, Inc. Declares Cash Dividend for Second Quarter
COLLIERVILLE, Tenn.--(BUSINESS WIRE)--Mueller Industries, Inc. (NYSE: MLI) announced today that its Board of Directors has declared a regular quarterly cash dividend on its common stock of 30 cents pe...
Mueller Industries, Inc. Reports First Quarter 2023 Earnings
COLLIERVILLE, Tenn.--(BUSINESS WIRE)--Mueller Industries, Inc. (NYSE: MLI) announces results for the first quarter of 2023. Results as compared with the first quarter of 2022 include: Operating Income...
Mueller Industries, Inc. Announcement Regarding Covington, Tennessee Plant
COLLIERVILLE, Tenn.--(BUSINESS WIRE)--Mueller Industries, Inc. (NYSE: MLI) announced that its manufacturing plant located in Covington, Tennessee, was damaged by a tornado on Friday evening. All emplo...
Mueller Industries, Inc. Announces 20 Percent Increase in Quarterly Dividend
COLLIERVILLE, Tenn.--(BUSINESS WIRE)--For the third consecutive year, Mueller Industries, Inc. (NYSE: MLI) has announced a double digit increase to its quarterly dividend. The Board of Directors has d...
Mueller Industries, Inc. Reports Fiscal 2022 Fourth Quarter and Full Year Results
Mueller Industries, Inc. Reports Fiscal 2022 Fourth Quarter and Full Year Results
5 Chuck Royce Stocks Trading Below DCF Value
According to current portfolio statistics, a Premium feature of GuruFocus, five stocks in Royce Investment Partners' third-quarter 13F equity portfolio that are trading below discounted cash flow valu...
Mueller Industries, Inc. Reports Third Quarter 2022 Earnings
COLLIERVILLE, Tenn.
Mueller Industries, Inc. to Participate in the Sidoti & Company Fall Virtual Small Cap Investor Conference
COLLIERVILLE, Tenn.--(BUSINESS WIRE)--Mueller Industries, Inc. (NYSE: MLI) (“Mueller” or the “Company”), today announced that members of the Company's management team will participate in the Sidoti & ...
Mueller Industries, Inc. Announces Launch of New Investor Relations Website and Investor Presentation
COLLIERVILLE, Tenn.--(BUSINESS WIRE)--Mueller Industries, Inc. (NYSE: MLI) (“Mueller” or the “Company”), today announced the launch of its new investor relations website. The redesigned website provid...
Mueller Industries: A Little Fish With Big Potential
Back in May, I wrote about my bull case for Mueller Industries Inc. ( MLI , Financial), but at that time, I still retained some caution due to the lackluster economic outlook. As a miner, Mueller's st...
Mueller Industries, Inc. Reports Second Quarter 2022 Earnings
COLLIERVILLE, Tenn.--(BUSINESS WIRE)--Mueller Industries, Inc. (NYSE: MLI) announces results for the second quarter of 2022. (All comparisons are to the prior year quarter.) Operating Income of $268.9...
5 Stocks That Could Hold Up in a Recession
Suddenly, investors are looking for companies that can survive a possible recession. Corporations with high profitability and low debt seem a pretty good bet.
Mueller Industries Is Shiny Like Sunlit Copper
Mueller Industries Inc. ( MLI , Financial) is a stalwart of America's basic industries. It is, in my opinion, currently offering an attractive value proposition for retail investors, despite reports o...
Mueller Industries, Inc. Reports First Quarter 2022 Earnings
COLLIERVILLE, Tenn.--(BUSINESS WIRE)--Mueller Industries, Inc. (NYSE: MLI) announces results for the first quarter of 2022. (All comparisons are to the prior year quarter.) Operating Income of $212.7 ...
Mueller Industries Boosts Quarterly Dividend By 92%
Mueller Industries, Inc. (NYSE: MLI) board declared a regular quarterly cash dividend of $0.25 per share, an increase of 92% from the prior dividend of $0.13 per share. The dividend is payable on Apri...
Mueller Industries, Inc. Announces 92 Percent Increase in Quarterly Dividend
COLLIERVILLE, Tenn.--(BUSINESS WIRE)--Mueller Industries, Inc. (NYSE: MLI) announced today that its Board of Directors has declared a regular quarterly cash dividend. The company is raising the quarte...
4 Stocks Trading With a Margin of Safety
When screening the market for bargains, investors may want to consider the following stocks, since their share prices are trading below the intrinsic value calculated by GuruFocus' free cash flow-base...