GEV vs. MLI: GE Vernova vs. Mueller Industries Stock Comparison
How do GE Vernova (GEV) and Mueller Industries (MLI) stack up? This page sets them side by side across company profile, performance and risk, profitability, growth, financial strength, dividends, and valuation, with selected fundamentals also measured against each stock's industry-group peers.
Company Profile
GE Vernova (GEV) and Mueller Industries (MLI) both fall under the Capital Goods industry group, but GEV is classified in Electrical Equipment while MLI is classified in Machinery.
Mueller Industries (MLI) carries decades of public-market history since February 25, 1991, while GE Vernova (GEV) listed on March 27, 2024 — long-window comparisons have far more historical data on the MLI side.
| Profile Item | GEV | MLI |
|---|---|---|
| Name | GE Vernova Inc. | Mueller Industries, Inc. |
| Country/Region | United States | United States |
| GICS Sector | Industrials | Industrials |
| GICS Industry Group | Capital Goods | Capital Goods |
| GICS Industry | Electrical Equipment | Machinery |
| GICS Sub-Industry | Heavy Electrical Equipment | Industrial Machinery & Supplies & Components |
| Market Capitalization | 204.89 billion USD | 11.54 billion USD |
| Currency | USD | USD |
| Exchange | NYSE | NYSE |
| Listing Date | March 27, 2024 | February 25, 1991 |
| Security Type | Common Stock | Common Stock |
Price Performance
Cumulative Growth
Trailing Returns
Calendar-Year Returns
Performance Metrics
| Metric | GEV | MLI |
|---|---|---|
| Total Return (1Y) | 44.63% | 3.68% |
| Total Return (3Y, Annualized) | -- | 44.56% |
| Total Return (5Y, Annualized) | -- | 32.39% |
Risk Profile
Drawdown History
Return Distribution
Risk Metrics
| Metric | GEV | MLI |
|---|---|---|
| Volatility (1Y, Annualized) | 55.54% | 34.44% |
| Beta (5Y) | 1.12 | 1.01 |
| Max Drawdown (5Y) | -38.29% | -27.79% |
| Avg. Volume (3M) | 2.65M | 1.61M |
Risk-Adjusted Performance
Risk-Return Positioning
Risk-Adjusted Metrics
| Metric | GEV | MLI |
|---|---|---|
| Sharpe Ratio (1Y) | 0.73 | -0.02 |
| Sortino Ratio (1Y) | 1.08 | -0.02 |
Profitability
ROE (TTM)
Both companies show strong equity returns, but GE Vernova (GEV) at 93.04% is the standout with ROE above its industry range; Mueller Industries (MLI) at 26.26% also sits in the top quartile.
GEV
Capital Goods industry group
93.04%
- GEV
- 93.04%
- Max
- 40.55%
- Q3
- 19.29%
- Median
- 12.12%
- Q1
- 4.08%
- Min
- -17.12%
MLI
Capital Goods industry group
26.26%
- Max
- 40.55%
- MLI
- 26.26%
- Q3
- 19.29%
- Median
- 12.12%
- Q1
- 4.08%
- Min
- -17.12%
Net Margin (TTM)
For every dollar of sales, both GE Vernova (GEV) at 23.54% and Mueller Industries (MLI) at 17.27% retain more as net profit than most peers, landing in the top net margin quartile of their industries.
GEV
Capital Goods industry group
23.54%
- Max
- 27.47%
- GEV
- 23.54%
- Q3
- 12.10%
- Median
- 6.30%
- Q1
- 1.40%
- Min
- -12.89%
MLI
Capital Goods industry group
17.27%
- Max
- 27.47%
- MLI
- 17.27%
- Q3
- 12.10%
- Median
- 6.30%
- Q1
- 1.40%
- Min
- -12.89%
Operating Margin (TTM)
Mueller Industries (MLI) at 19.53% operates in the top operating margin quartile, ahead of GE Vernova (GEV) at 12.77%, which runs around its industry’s norm.
GEV
Capital Goods industry group
12.77%
- Max
- 36.60%
- Q3
- 18.33%
- GEV
- 12.77%
- Median
- 11.12%
- Q1
- 5.14%
- Min
- -12.63%
MLI
Capital Goods industry group
19.53%
- Max
- 36.60%
- MLI
- 19.53%
- Q3
- 18.33%
- Median
- 11.12%
- Q1
- 5.14%
- Min
- -12.63%
Profitability Metrics
| Metric | GEV | MLI |
|---|---|---|
| ROE (TTM) | 93.04% | 26.26% |
| ROA (TTM) | 3.22% | 16.23% |
| Net Margin (TTM) | 23.54% | 17.27% |
| Operating Margin (TTM) | 12.77% | 19.53% |
| Gross Margin (TTM) | 21.79% | 27.25% |
Growth
Revenue Growth
Both GE Vernova (GEV) at 8.97% and Mueller Industries (MLI) at 10.87% land near their industries' usual revenue growth ranges, so top-line momentum looks broadly in line with peers on both sides.
EPS Growth
GE Vernova (GEV) at 217.03% clears its industry range for EPS growth, a much stronger earnings trajectory than Mueller Industries (MLI) at 29.19%, which is closer to a typical peer reading.
Growth Metrics
| Metric | GEV | MLI |
|---|---|---|
| Revenue Growth (YoY) | 8.97% | 10.87% |
| Revenue Growth (3Y CAGR) | 8.68% | 1.62% |
| EPS Growth (YoY) | 217.03% | 29.19% |
| EPS Growth (3Y CAGR) | -- | 5.63% |
Financial Strength
Current Ratio (MRQ)
Mueller Industries (MLI) at 4.39 carries current ratio above its industry’s typical mid-range, while GE Vernova (GEV) at 0.83 runs in the tighter-liquidity quartile — different working-capital profiles, both worth examining.
GEV
Capital Goods industry group
0.83
- Max
- 5.22
- Q3
- 2.95
- Median
- 2.08
- Q1
- 1.43
- GEV
- 0.83
- Min
- 0.36
MLI
Capital Goods industry group
4.39
- Max
- 5.22
- MLI
- 4.39
- Q3
- 2.95
- Median
- 2.08
- Q1
- 1.43
- Min
- 0.36
Debt / Equity (MRQ)
Mueller Industries (MLI) at 0.01 keeps leverage in the lower industry quartile, while GE Vernova (GEV) at 0.30 runs a more typical debt-to-equity mix.
GEV
Capital Goods industry group
0.30
- Max
- 2.33
- Q3
- 1.12
- Median
- 0.60
- GEV
- 0.30
- Q1
- 0.29
- Min
- 0.00
MLI
Capital Goods industry group
0.01
- Max
- 2.33
- Q3
- 1.12
- Median
- 0.60
- Q1
- 0.29
- MLI
- 0.01
- Min
- 0.00
Financial Strength Metrics
| Metric | GEV | MLI |
|---|---|---|
| Current Ratio (MRQ) | 0.83 | 4.39 |
| Debt / Equity (MRQ) | 0.30 | 0.01 |
| Net Debt / EBITDA | -2.50 | -1.31 |
Dividends
Dividend Yield (TTM)
Mueller Industries (MLI) at 1.24% delivers top-quartile income for its industry, while GE Vernova (GEV) at 0.26% pays a more typical yield — both are credible income propositions, MLI the richer one.
GEV
Capital Goods industry group
0.26%
- Max
- 2.66%
- Q3
- 1.14%
- GEV
- 0.26%
- Median
- 0.24%
- Q1
- 0.00%
- Min
- 0.00%
MLI
Capital Goods industry group
1.24%
- Max
- 2.66%
- MLI
- 1.24%
- Q3
- 1.14%
- Median
- 0.24%
- Q1
- 0.00%
- Min
- 0.00%
Dividend Payout Ratio (TTM)
Both GE Vernova (GEV) at 4.59% and Mueller Industries (MLI) at 16.67% keep payout ratio within their industries’ typical mid-ranges — dividend policies that share earnings without consuming too much of them.
GEV
Capital Goods industry group
4.59%
- Max
- 67.39%
- Q3
- 28.02%
- Median
- 6.86%
- GEV
- 4.59%
- Q1
- 0.00%
- Min
- 0.00%
MLI
Capital Goods industry group
16.67%
- Max
- 67.39%
- Q3
- 28.02%
- MLI
- 16.67%
- Median
- 6.86%
- Q1
- 0.00%
- Min
- 0.00%
Dividend Metrics
| Metric | GEV | MLI |
|---|---|---|
| Dividend Yield (TTM) | 0.26% | 1.24% |
| Dividend Payout Ratio (TTM) | 4.59% | 16.67% |
Valuation
P/E Ratio (TTM)
Mueller Industries (MLI) at 13.58 sits in the cheaper P/E ratio quartile, while GE Vernova (GEV) at 20.32 is closer to its industry’s usual earnings multiple — a discount for MLI, though growth and earnings durability still matter.
GEV
Capital Goods industry group
20.32
- Max
- 59.38
- Q3
- 35.92
- Median
- 25.41
- GEV
- 20.32
- Q1
- 19.47
- Min
- 3.03
MLI
Capital Goods industry group
13.58
- Max
- 59.38
- Q3
- 35.92
- Median
- 25.41
- Q1
- 19.47
- MLI
- 13.58
- Min
- 3.03
P/S Ratio (TTM)
Mueller Industries (MLI) at 2.31 is priced about in line with its industry on P/S ratio, while GE Vernova (GEV) at 4.65 sits in the pricier quartile — GEV costs more per dollar of sales.
GEV
Capital Goods industry group
4.65
- Max
- 7.54
- GEV
- 4.65
- Q3
- 3.76
- Median
- 2.15
- Q1
- 1.03
- Min
- 0.03
MLI
Capital Goods industry group
2.31
- Max
- 7.54
- Q3
- 3.76
- MLI
- 2.31
- Median
- 2.15
- Q1
- 1.03
- Min
- 0.03
P/B Ratio (MRQ)
Mueller Industries (MLI) at 0.33 sits in the lower P/B ratio quartile relative to book while GE Vernova (GEV) at 18.00 prices above its industry range — a wide valuation gap against assets.
GEV
Capital Goods industry group
18.00
- GEV
- 18.00
- Max
- 9.66
- Q3
- 5.00
- Median
- 3.12
- Q1
- 1.81
- Min
- -1.08
MLI
Capital Goods industry group
0.33
- Max
- 9.66
- Q3
- 5.00
- Median
- 3.12
- Q1
- 1.81
- MLI
- 0.33
- Min
- -1.08
Valuation Metrics
| Metric | GEV | MLI |
|---|---|---|
| P/E Ratio (TTM) | 20.32 | 13.58 |
| P/S Ratio (TTM) | 4.65 | 2.31 |
| P/B Ratio (MRQ) | 18.00 | 0.33 |
| Free Cash Flow Yield (TTM) | 10.79% | 4.65% |