GNRC vs. MLI: Generac vs. Mueller Industries Stock Comparison

November 11, 2026

How do Generac (GNRC) 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

Generac (GNRC) and Mueller Industries (MLI) both fall under the Capital Goods industry group, but GNRC is classified in Electrical Equipment while MLI is classified in Machinery.

Company profile comparison for Generac (GNRC) and Mueller Industries (MLI)
Profile Item	GNRC	MLI
Name	Generac Holdings 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	Electrical Components & Equipment	Industrial Machinery & Supplies & Components
Market Capitalization	10.43 billion USD	11.54 billion USD
Currency	USD	USD
Exchange	NYSE	NYSE
Listing Date	February 11, 2010	February 25, 1991
Security Type	Common Stock	Common Stock

Price Performance

Cumulative Growth

GNRC

MLI

GSPC

Generac (GNRC) vs. Mueller Industries (MLI), with S&P 500 (GSPC) for reference: Growth of a $10,000 investment over the past five years. Adjusted for dividends and splits.

Trailing Returns

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Trailing total returns for Generac (GNRC) and Mueller Industries (MLI). Returns over one year are annualized.

Calendar-Year Returns

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Calendar-year total returns for Generac (GNRC) and Mueller Industries (MLI). Each bar is that year's total return, measured year-end to year-end.

Performance Metrics

Price performance metrics for Generac (GNRC) and Mueller Industries (MLI)
Metric	GNRC	MLI
Total Return (1Y)	23.38%	3.68%
Total Return (3Y, Annualized)	23.05%	44.56%
Total Return (5Y, Annualized)	-15.31%	32.39%

Risk Profile

Drawdown History

GNRC

MLI

GSPC

Generac (GNRC) vs. Mueller Industries (MLI), with S&P 500 (GSPC) for reference: Drawdown from the running peak over the past five years. Each line shows the decline from its prior peak; 0% marks a new high.

Return Distribution

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Distribution of monthly total returns for Generac (GNRC) and Mueller Industries (MLI). Each bar is the share of months whose return fell in that 5% bucket.

Risk Metrics

Risk profile metrics for Generac (GNRC) and Mueller Industries (MLI)
Metric	GNRC	MLI
Volatility (1Y, Annualized)	59.48%	34.44%
Beta (5Y)	1.84	1.01
Max Drawdown (5Y)	-81.73%	-27.79%
Avg. Volume (3M)	1.22M	1.61M

Risk-Adjusted Performance

Risk-Return Positioning

GNRC and MLI are plotted by 1-year volatility (risk) and 1-year return. The dashed Capital Allocation Line runs from the risk-free rate through the shared industry median.

Risk-Adjusted Metrics

Risk-adjusted metrics for Generac (GNRC) and Mueller Industries (MLI)
Metric	GNRC	MLI
Sharpe Ratio (1Y)	0.32	-0.02
Sortino Ratio (1Y)	0.50	-0.02

Profitability

ROE (TTM)

Mueller Industries (MLI) at 26.26% sits in the top ROE quartile, while Generac (GNRC) at 10.64% is closer to the peer norm — stronger capital efficiency for MLI.

GNRC

Capital Goods industry group

10.64%

Max: 40.55%
Q3: 19.29%
Median: 12.12%
GNRC: 10.64%
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%

Generac (GNRC) vs. Mueller Industries (MLI): A comparison of their ROE against the Capital Goods industry group benchmark.

Net Margin (TTM)

Mueller Industries (MLI) at 17.27% retains a top-quartile share of revenue as profit, ahead of Generac (GNRC) at 6.52%, which keeps about the industry-typical share.

GNRC

Capital Goods industry group

6.52%

Max: 27.47%
Q3: 12.10%
GNRC: 6.52%
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%

Generac (GNRC) vs. Mueller Industries (MLI): A comparison of their net margin against the Capital Goods industry group benchmark.

Operating Margin (TTM)

Mueller Industries (MLI) at 19.53% operates in the top operating margin quartile, ahead of Generac (GNRC) at 11.67%, which runs around its industry’s norm.

GNRC

Capital Goods industry group

11.67%

Max: 36.60%
Q3: 18.33%
GNRC: 11.67%
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%

Generac (GNRC) vs. Mueller Industries (MLI): A comparison of their operating margin against the Capital Goods industry group benchmark.

Profitability Metrics

Profitability metrics for Generac (GNRC) and Mueller Industries (MLI)
Metric	GNRC	MLI
ROE (TTM)	10.64%	26.26%
ROA (TTM)	4.24%	16.23%
Net Margin (TTM)	6.52%	17.27%
Operating Margin (TTM)	11.67%	19.53%
Gross Margin (TTM)	38.18%	27.25%

Growth

Revenue Growth

Mueller Industries (MLI) at 10.87% is around its peer norm for revenue growth, while Generac (GNRC) at -2.02% drops into the bottom quartile, signaling weaker demand or pricing momentum.

Generac (GNRC) vs. Mueller Industries (MLI): A comparison of their Revenue Growth across different time periods.

EPS Growth

Mueller Industries (MLI) at 29.19% is around its peer norm for EPS growth, while Generac (GNRC) at -50.09% drops into the bottom quartile, signaling weaker earnings momentum.

Generac (GNRC) vs. Mueller Industries (MLI): A comparison of their EPS Growth across different time periods.

Growth Metrics

Growth metrics for Generac (GNRC) and Mueller Industries (MLI)
Metric	GNRC	MLI
Revenue Growth (YoY)	-2.02%	10.87%
Revenue Growth (3Y CAGR)	-2.67%	1.62%
EPS Growth (YoY)	-50.09%	29.19%
EPS Growth (3Y CAGR)	-20.83%	5.63%

Financial Strength

Current Ratio (MRQ)

Generac (GNRC) at 1.97 keeps current ratio within its industry’s typical mid-range, while Mueller Industries (MLI) at 4.39 sits above its industry’s typical mid-range — comfortable liquidity, though possibly with more idle current assets relative to peers.

GNRC

Capital Goods industry group

1.97

Max: 5.22
Q3: 2.95
Median: 2.08
GNRC: 1.97
Q1: 1.43
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

Generac (GNRC) vs. Mueller Industries (MLI): A comparison of their current ratio against the Capital Goods industry group benchmark.

Debt / Equity (MRQ)

Mueller Industries (MLI) at 0.01 keeps leverage in the lower industry quartile, while Generac (GNRC) at 0.47 runs a more typical debt-to-equity mix.

GNRC

Capital Goods industry group

0.47

Max: 2.33
Q3: 1.12
Median: 0.60
GNRC: 0.47
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

Generac (GNRC) vs. Mueller Industries (MLI): A comparison of their debt-to-equity ratio against the Capital Goods industry group benchmark.

Financial Strength Metrics

Financial strength metrics for Generac (GNRC) and Mueller Industries (MLI)
Metric	GNRC	MLI
Current Ratio (MRQ)	1.97	4.39
Debt / Equity (MRQ)	0.47	0.01
Net Debt / EBITDA	1.65	-1.31

Dividends

Dividend Yield (TTM)

Generac (GNRC) pays no dividend (yield 0.00%) — it may be reinvesting, using buybacks, or simply not returning cash through dividends. Meanwhile Mueller Industries (MLI) reports a yield of 1.24%, ranking against industry peers normally.

GNRC

Capital Goods industry group

0.00%

Max: 2.66%
Q3: 1.14%
Median: 0.24%
GNRC: 0.00%
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%

Generac (GNRC) vs. Mueller Industries (MLI): A comparison of their dividend yield against the Capital Goods industry group benchmark.

Dividend Payout Ratio (TTM)

Generac (GNRC) pays no dividend (payout 0.00%) — it may be reinvesting, using buybacks, or simply not returning cash through dividends. Meanwhile Mueller Industries (MLI) reports a payout of 16.67%, ranking against industry peers normally.

GNRC

Capital Goods industry group

0.00%

Max: 67.39%
Q3: 28.02%
Median: 6.86%
GNRC: 0.00%
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%

Generac (GNRC) vs. Mueller Industries (MLI): A comparison of their payout ratio against the Capital Goods industry group benchmark.

Dividend Metrics

Dividend metrics for Generac (GNRC) and Mueller Industries (MLI)
Metric	GNRC	MLI
Dividend Yield (TTM)	0.00%	1.24%
Dividend Payout Ratio (TTM)	0.00%	16.67%

Valuation

P/E Ratio (TTM)

Mueller Industries (MLI) at 13.58 sits in the cheaper P/E ratio quartile, while Generac (GNRC) at 34.87 is closer to its industry’s usual earnings multiple — a discount for MLI, though growth and earnings durability still matter.

GNRC

Capital Goods industry group

34.87

Max: 59.38
Q3: 35.92
GNRC: 34.87
Median: 25.41
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

Generac (GNRC) vs. Mueller Industries (MLI): A comparison of their P/E ratio against the Capital Goods industry group benchmark.

P/S Ratio (TTM)

On P/S ratio, both Generac (GNRC) at 2.26 and Mueller Industries (MLI) at 2.31 are priced roughly in line with their industries — neither looks cheap nor rich on a sales basis.

GNRC

Capital Goods industry group

2.26

Max: 7.54
Q3: 3.76
GNRC: 2.26
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

Generac (GNRC) vs. Mueller Industries (MLI): A comparison of their P/S ratio against the Capital Goods industry group benchmark.

P/B Ratio (MRQ)

Mueller Industries (MLI) at 0.33 sits in the lower P/B ratio quartile against book while Generac (GNRC) at 3.46 is valued near its industry’s middle — MLI is cheaper on assets, though weigh it against ROE and asset quality.

GNRC

Capital Goods industry group

3.46

Max: 9.66
Q3: 5.00
GNRC: 3.46
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

Generac (GNRC) vs. Mueller Industries (MLI): A comparison of their P/B ratio against the Capital Goods industry group benchmark.

Valuation Metrics

Valuation metrics for Generac (GNRC) and Mueller Industries (MLI)
Metric	GNRC	MLI
P/E Ratio (TTM)	34.87	13.58
P/S Ratio (TTM)	2.26	2.31
P/B Ratio (MRQ)	3.46	0.33
Free Cash Flow Yield (TTM)	3.21%	4.65%