Mueller Industries (MLI) Stock Analysis
This is a peer-relative look at Mueller Industries (MLI): its performance, risk, profitability, growth, financial strength, dividend, and valuation are each measured against its Capital Goods peers, so every number reads in context rather than in isolation.
Company Profile
| Profile Item | MLI |
|---|---|
| Name | Mueller Industries, Inc. |
| Country/Region | United States |
| GICS Sector | Industrials |
| GICS Industry Group | Capital Goods |
| GICS Industry | Machinery |
| GICS Sub-Industry | Industrial Machinery & Supplies & Components |
| Market Capitalization | 11.54 billion USD |
| Currency | USD |
| Exchange | NYSE |
| Listing Date | February 25, 1991 |
| Security Type | Common Stock |
Price Performance
Cumulative Growth
Trailing Returns
Calendar-Year Returns
Performance Metrics
| Metric | Current stock: MLI | Industry group median |
|---|---|---|
| Total Return (1Y) | 3.68% | 6.84% |
| Total Return (3Y, Annualized) | 44.56% | 17.66% |
| Total Return (5Y, Annualized) | 32.39% | 9.09% |
Risk Profile
Drawdown History
Return Distribution
Risk Metrics
| Metric | Current stock: MLI | Industry group median |
|---|---|---|
| Volatility (1Y, Annualized) | 34.44% | 44.38% |
| Beta (5Y) | 1.01 | 1.19 |
| Max Drawdown (5Y) | -27.79% | -49.95% |
Risk-Adjusted Performance
Risk-Return Positioning
Risk-Adjusted Metrics
| Metric | Current stock: MLI | Industry group median |
|---|---|---|
| Sharpe Ratio (1Y) | -0.02 | 0.06 |
| Sortino Ratio (1Y) | -0.02 | 0.09 |
Profitability
ROE (TTM)
Mueller Industries (MLI) posts ROE of 26.26%, in the upper peer quartile. That suggests the company earns more from each dollar of shareholders’ equity than most industry peers, a useful capital-efficiency signal.
MLI
Capital Goods industry group
26.26%
Group distribution
- Max
- 40.55%
- MLI
- 26.26%
- Q3
- 19.29%
- Median
- 12.12%
- Q1
- 4.08%
- Min
- -17.12%
Largest peers
- GEV
- 93.04%
- CAT
- 56.14%
- GE
- 50.17%
- MLI
- 26.26%
- DE
- 18.24%
- RTX
- 12.85%
- BA
- --
Net Margin (TTM)
Mueller Industries (MLI) keeps 17.27% of revenue as net profit, putting net margin in the upper peer quartile. After operating costs, interest, and taxes, more of each sales dollar reaches shareholders than it does at most industry peers.
MLI
Capital Goods industry group
17.27%
Group distribution
- Max
- 27.47%
- MLI
- 17.27%
- Q3
- 12.10%
- Median
- 6.30%
- Q1
- 1.40%
- Min
- -12.89%
Largest peers
- GEV
- 23.54%
- GE
- 17.31%
- MLI
- 17.27%
- CAT
- 15.21%
- DE
- 10.17%
- RTX
- 8.75%
- BA
- 8.07%
Operating Margin (TTM)
Mueller Industries (MLI) turns 19.53% of revenue into operating profit, putting operating margin in the upper peer quartile. Before financing and taxes enter the picture, the day-to-day business keeps more of each sales dollar than most industry peers.
MLI
Capital Goods industry group
19.53%
Group distribution
- Max
- 36.60%
- MLI
- 19.53%
- Q3
- 18.33%
- Median
- 11.12%
- Q1
- 5.14%
- Min
- -12.63%
Largest peers
- CAT
- 20.19%
- MLI
- 19.53%
- GE
- 18.49%
- RTX
- 15.54%
- DE
- 13.37%
- GEV
- 12.77%
- BA
- 0.30%
Profitability Metrics
| Metric | Current stock: MLI | Industry group median |
|---|---|---|
| ROE (TTM) | 26.26% | 12.12% |
| ROA (TTM) | 16.23% | 5.29% |
| Net Margin (TTM) | 17.27% | 6.30% |
| Operating Margin (TTM) | 19.53% | 11.12% |
| Gross Margin (TTM) | 27.25% | 29.63% |
Growth
Revenue Growth
Mueller Industries (MLI) grew revenue 10.87%, roughly around the peer group's normal range. Top-line momentum looks broadly typical for the industry.
EPS Growth
Mueller Industries (MLI) grew earnings per share 29.19%, roughly around the peer group's normal range. Bottom-line momentum looks broadly typical for the industry.
Growth Metrics
| Metric | Current stock: MLI | Industry group median |
|---|---|---|
| Revenue Growth (YoY) | 10.87% | 8.11% |
| Revenue Growth (3Y CAGR) | 1.62% | 6.45% |
| EPS Growth (YoY) | 29.19% | 5.45% |
| EPS Growth (3Y CAGR) | 5.63% | 7.15% |
Financial Strength
Current Ratio (MRQ)
Mueller Industries (MLI) has current ratio of 4.39, above the industry’s typical middle range. Liquidity looks ample versus peers, though an unusually high cushion can also mean idle current assets or inefficient working capital.
MLI
Capital Goods industry group
4.39
Group distribution
- Max
- 5.22
- MLI
- 4.39
- Q3
- 2.95
- Median
- 2.08
- Q1
- 1.43
- Min
- 0.36
Largest peers
- MLI
- 4.39
- DE
- 2.13
- CAT
- 1.42
- BA
- 1.13
- RTX
- 1.05
- GE
- 0.98
- GEV
- 0.83
Debt / Equity (MRQ)
Mueller Industries (MLI) has debt-to-equity ratio of 0.01, in the lower-leverage quartile for its industry. Borrowing is modest relative to equity compared with most peers, which can leave more flexibility through a cycle.
MLI
Capital Goods industry group
0.01
Group distribution
- Max
- 2.33
- Q3
- 1.12
- Median
- 0.60
- Q1
- 0.29
- MLI
- 0.01
- Min
- 0.00
Largest peers
- BA
- 7.39
- DE
- 2.30
- CAT
- 2.10
- GE
- 1.16
- RTX
- 0.55
- GEV
- 0.30
- MLI
- 0.01
Financial Strength Metrics
| Metric | Current stock: MLI | Industry group median |
|---|---|---|
| Current Ratio (MRQ) | 4.39 | 2.08 |
| Debt / Equity (MRQ) | 0.01 | 0.60 |
| Net Debt / EBITDA | -1.31 | 1.78 |
Dividends
Dividend Yield (TTM)
Mueller Industries (MLI) has dividend yield of 1.24%, in the upper peer-yield quartile while still inside the industry range. The dividend offers more cash income per dollar of share price than most peers, though payout coverage still matters.
MLI
Capital Goods industry group
1.24%
Group distribution
- Max
- 2.66%
- MLI
- 1.24%
- Q3
- 1.14%
- Median
- 0.24%
- Q1
- 0.00%
- Min
- 0.00%
Largest peers
- RTX
- 1.47%
- MLI
- 1.24%
- CAT
- 1.13%
- DE
- 0.98%
- GE
- 0.56%
- GEV
- 0.26%
- BA
- 0.00%
Dividend Payout Ratio (TTM)
Mueller Industries (MLI) has payout ratio of 16.67%, within the industry’s typical payout band. The dividend shares profits with investors while leaving earnings coverage that looks normal for the peer group.
MLI
Capital Goods industry group
16.67%
Group distribution
- Max
- 67.39%
- Q3
- 28.02%
- MLI
- 16.67%
- Median
- 6.86%
- Q1
- 0.00%
- Min
- 0.00%
Largest peers
- RTX
- 45.85%
- DE
- 36.02%
- CAT
- 24.18%
- GE
- 20.23%
- MLI
- 16.67%
- GEV
- 4.59%
- BA
- 0.00%
Dividend Metrics
| Metric | Current stock: MLI | Industry group median |
|---|---|---|
| Dividend Yield (TTM) | 1.24% | 0.24% |
| Dividend Payout Ratio (TTM) | 16.67% | 6.86% |
Valuation
P/E Ratio (TTM)
Mueller Industries (MLI) trades at P/E ratio of 13.58, in the cheaper earnings-multiple quartile for its industry. Investors are paying less for each dollar of TTM earnings than they usually pay for comparable businesses.
MLI
Capital Goods industry group
13.58
Group distribution
- Max
- 59.38
- Q3
- 35.92
- Median
- 25.41
- Q1
- 19.47
- MLI
- 13.58
- Min
- 3.03
Largest peers
- DE
- 37.33
- GE
- 36.94
- RTX
- 30.82
- CAT
- 21.92
- GEV
- 20.32
- BA
- 17.89
- MLI
- 13.58
P/S Ratio (TTM)
Mueller Industries (MLI) trades at 2.31 on P/S ratio, roughly in the peer group’s normal range. The market is not making a strong cheap-or-rich statement about its revenue base.
MLI
Capital Goods industry group
2.31
Group distribution
- Max
- 7.54
- Q3
- 3.76
- MLI
- 2.31
- Median
- 2.15
- Q1
- 1.03
- Min
- 0.03
Largest peers
- GE
- 6.38
- GEV
- 4.65
- DE
- 3.78
- CAT
- 3.29
- RTX
- 2.66
- MLI
- 2.31
- BA
- 1.45
P/B Ratio (MRQ)
Mueller Industries (MLI) trades at 0.33 on P/B ratio, in the lower book-value quartile for its industry. Investors are paying less for the balance-sheet equity than they pay for most peers, with returns on that equity still central to the read.
MLI
Capital Goods industry group
0.33
Group distribution
- Max
- 9.66
- Q3
- 5.00
- Median
- 3.12
- Q1
- 1.81
- MLI
- 0.33
- Min
- -1.08
Largest peers
- BA
- 20.99
- GE
- 19.06
- GEV
- 18.00
- CAT
- 11.90
- DE
- 6.47
- RTX
- 3.69
- MLI
- 0.33
Valuation Metrics
| Metric | Current stock: MLI | Industry group median |
|---|---|---|
| P/E Ratio (TTM) | 13.58 | 25.41 |
| P/S Ratio (TTM) | 2.31 | 2.15 |
| P/B Ratio (MRQ) | 0.33 | 3.12 |
| Free Cash Flow Yield (TTM) | 4.65% | 3.03% |