MLI vs. WTS: Mueller Industries vs. Watts Water Stock Comparison
How do Mueller Industries (MLI) and Watts Water (WTS) 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
Mueller Industries (MLI) and Watts Water (WTS) are both classified in the Industrial Machinery & Supplies & Components sub-industry within the broader Machinery industry, placing them in the closest GICS peer bucket.
| Profile Item | MLI | WTS |
|---|---|---|
| Name | Mueller Industries, Inc. | Watts Water Technologies, Inc. Class A Common Stock |
| Country/Region | United States | United States |
| GICS Sector | Industrials | Industrials |
| GICS Industry Group | Capital Goods | Capital Goods |
| GICS Industry | Machinery | Machinery |
| GICS Sub-Industry | Industrial Machinery & Supplies & Components | Industrial Machinery & Supplies & Components |
| Market Capitalization | 11.54 billion USD | 11.55 billion USD |
| Currency | USD | USD |
| Exchange | NYSE | NYSE |
| Listing Date | February 25, 1991 | August 21, 1986 |
| Security Type | Common Stock | Common Stock |
Price Performance
Cumulative Growth
Trailing Returns
Calendar-Year Returns
Performance Metrics
| Metric | MLI | WTS |
|---|---|---|
| Total Return (1Y) | 3.68% | 33.85% |
| Total Return (3Y, Annualized) | 44.56% | 25.59% |
| Total Return (5Y, Annualized) | 32.39% | 12.56% |
Risk Profile
Drawdown History
Return Distribution
Risk Metrics
| Metric | MLI | WTS |
|---|---|---|
| Volatility (1Y, Annualized) | 34.44% | 27.38% |
| Beta (5Y) | 1.01 | 1.11 |
| Max Drawdown (5Y) | -27.79% | -44.08% |
| Avg. Volume (3M) | 1.61M | 225.08K |
Risk-Adjusted Performance
Risk-Return Positioning
Risk-Adjusted Metrics
| Metric | MLI | WTS |
|---|---|---|
| Sharpe Ratio (1Y) | -0.02 | 1.08 |
| Sortino Ratio (1Y) | -0.02 | 1.78 |
Profitability
ROE (TTM)
Both Mueller Industries (MLI) at 26.26% and Watts Water (WTS) at 20.91% sit in the top peer quartile for ROE, suggesting each generates more profit from shareholders’ equity than typical industry peers.
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%
WTS
Capital Goods industry group
20.91%
- Max
- 40.55%
- WTS
- 20.91%
- Q3
- 19.29%
- Median
- 12.12%
- Q1
- 4.08%
- Min
- -17.12%
Net Margin (TTM)
For every dollar of sales, both Mueller Industries (MLI) at 17.27% and Watts Water (WTS) at 16.00% retain more as net profit than most peers, landing in the top net margin quartile of their industries.
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%
WTS
Capital Goods industry group
16.00%
- Max
- 27.47%
- WTS
- 16.00%
- Q3
- 12.10%
- Median
- 6.30%
- Q1
- 1.40%
- Min
- -12.89%
Operating Margin (TTM)
Both Mueller Industries (MLI) at 19.53% and Watts Water (WTS) at 20.85% convert sales into operating profit at a top-quartile rate, pointing to tighter cost discipline before financing and tax.
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%
WTS
Capital Goods industry group
20.85%
- Max
- 36.60%
- WTS
- 20.85%
- Q3
- 18.33%
- Median
- 11.12%
- Q1
- 5.14%
- Min
- -12.63%
Profitability Metrics
| Metric | MLI | WTS |
|---|---|---|
| ROE (TTM) | 26.26% | 20.91% |
| ROA (TTM) | 16.23% | 12.05% |
| Net Margin (TTM) | 17.27% | 16.00% |
| Operating Margin (TTM) | 19.53% | 20.85% |
| Gross Margin (TTM) | 27.25% | 49.09% |
Growth
Revenue Growth
Both Mueller Industries (MLI) at 10.87% and Watts Water (WTS) at 8.27% land near their industries' usual revenue growth ranges, so top-line momentum looks broadly in line with peers on both sides.
EPS Growth
Both Mueller Industries (MLI) at 29.19% and Watts Water (WTS) at 17.03% land near their industries' usual EPS growth ranges, so bottom-line momentum looks broadly in line with peers on both sides.
Growth Metrics
| Metric | MLI | WTS |
|---|---|---|
| Revenue Growth (YoY) | 10.87% | 8.27% |
| Revenue Growth (3Y CAGR) | 1.62% | 7.20% |
| EPS Growth (YoY) | 29.19% | 17.03% |
| EPS Growth (3Y CAGR) | 5.63% | 10.78% |
Financial Strength
Current Ratio (MRQ)
Watts Water (WTS) at 2.80 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.
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
WTS
Capital Goods industry group
2.80
- Max
- 5.22
- Q3
- 2.95
- WTS
- 2.80
- Median
- 2.08
- Q1
- 1.43
- Min
- 0.36
Debt / Equity (MRQ)
Both Mueller Industries (MLI) at 0.01 and Watts Water (WTS) at 0.08 keep leverage in the lower quartile of their industries, with less balance-sheet debt relative to equity than most peers.
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
WTS
Capital Goods industry group
0.08
- Max
- 2.33
- Q3
- 1.12
- Median
- 0.60
- Q1
- 0.29
- WTS
- 0.08
- Min
- 0.00
Financial Strength Metrics
| Metric | MLI | WTS |
|---|---|---|
| Current Ratio (MRQ) | 4.39 | 2.80 |
| Debt / Equity (MRQ) | 0.01 | 0.08 |
| Net Debt / EBITDA | -1.31 | -0.40 |
Dividends
Dividend Yield (TTM)
Mueller Industries (MLI) at 1.24% delivers top-quartile income for its industry, while Watts Water (WTS) at 0.66% pays a more typical yield — both are credible income propositions, MLI the richer one.
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%
WTS
Capital Goods industry group
0.66%
- Max
- 2.66%
- Q3
- 1.14%
- WTS
- 0.66%
- Median
- 0.24%
- Q1
- 0.00%
- Min
- 0.00%
Dividend Payout Ratio (TTM)
Both Mueller Industries (MLI) at 16.67% and Watts Water (WTS) at 17.24% keep payout ratio within their industries’ typical mid-ranges — dividend policies that share earnings without consuming too much of them.
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%
WTS
Capital Goods industry group
17.24%
- Max
- 67.39%
- Q3
- 28.02%
- WTS
- 17.24%
- Median
- 6.86%
- Q1
- 0.00%
- Min
- 0.00%
Dividend Metrics
| Metric | MLI | WTS |
|---|---|---|
| Dividend Yield (TTM) | 1.24% | 0.66% |
| Dividend Payout Ratio (TTM) | 16.67% | 17.24% |
Valuation
P/E Ratio (TTM)
Mueller Industries (MLI) at 13.58 sits in the cheaper P/E ratio quartile, while Watts Water (WTS) at 25.95 is closer to its industry’s usual earnings multiple — a discount for MLI, though growth and earnings durability still matter.
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
WTS
Capital Goods industry group
25.95
- Max
- 59.38
- Q3
- 35.92
- WTS
- 25.95
- Median
- 25.41
- Q1
- 19.47
- 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 Watts Water (WTS) at 4.14 sits in the pricier quartile — WTS costs more per dollar of sales.
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
WTS
Capital Goods industry group
4.14
- Max
- 7.54
- WTS
- 4.14
- Q3
- 3.76
- 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 against book while Watts Water (WTS) at 4.98 is valued near its industry’s middle — MLI is cheaper on assets, though weigh it against ROE and asset quality.
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
WTS
Capital Goods industry group
4.98
- Max
- 9.66
- Q3
- 5.00
- WTS
- 4.98
- Median
- 3.12
- Q1
- 1.81
- Min
- -1.08
Valuation Metrics
| Metric | MLI | WTS |
|---|---|---|
| P/E Ratio (TTM) | 13.58 | 25.95 |
| P/S Ratio (TTM) | 2.31 | 4.14 |
| P/B Ratio (MRQ) | 0.33 | 4.98 |
| Free Cash Flow Yield (TTM) | 4.65% | 2.21% |