Mueller Industries, Inc. (MLI)

NYSE: MLI · IEX Real-Time Price · USD
47.15
-0.60 (-1.26%)
At close: Dec 29, 2023, 4:00 PM
48.13
+0.98 (2.08%)
After-hours: Dec 29, 2023, 7:37 PM EST
-1.26%
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]

Sector Industrials
Founded 1917
Employees 5,137
Stock Exchange NYSE
Ticker Symbol MLI
Full Company Profile

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 Statements

News

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...

2 months ago - Business Wire

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...

2 months ago - Business Wire

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...

3 months ago - Business Wire

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...

5 months ago - Business Wire

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...

5 months ago - Business Wire

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 ...

5 months ago - Business Wire

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...

6 months ago - GuruFocus

Civitas and Mueller Can Boast High Profit, Low Debt

Two of the badges of corporate success are high profits and low debt.

Other symbols: CIVI
6 months ago - GuruFocus

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...

8 months ago - Business Wire

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...

8 months ago - Business Wire

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...

9 months ago - Business Wire

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...

11 months ago - Business Wire

Mueller Industries, Inc. Reports Fiscal 2022 Fourth Quarter and Full Year Results

Mueller Industries, Inc. Reports Fiscal 2022 Fourth Quarter and Full Year Results

11 months ago - Business Wire

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...

Other symbols: ABGLCIIMMIUFPI
1 year ago - GuruFocus

Mueller Industries, Inc. Reports Third Quarter 2022 Earnings

COLLIERVILLE, Tenn.

1 year ago - Business Wire

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 & ...

1 year ago - Business Wire

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...

1 year ago - Business Wire

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...

1 year ago - GuruFocus

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...

1 year ago - Business Wire

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.

Other symbols: LOGIMRNATER
1 year ago - GuruFocus

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...

1 year ago - GuruFocus

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 ...

1 year ago - Business Wire

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...

2 years ago - Benzinga

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...

2 years ago - Business Wire

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...

Other symbols: AMGARCBBYD
2 years ago - GuruFocus