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Mueller Industries MLI Invested capital

Discontinued — last reported Q1 '26

Invested capital at other companies

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$1.3M
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$135M+17.4%
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$143M-27.8%
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American Healthcare REITAHR
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American Healthcare REITAHR

Other financials

Income statement

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Revenue$1.2B+19.3%
Gross profit$358.4M+31.8%
Operating income$312.2M+51.4%
Net income$239.0M+51.8%
EPS (diluted)$2.16+55.4%

Balance sheet

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Cash & equivalents$1.4B+64.8%
Total debt$22.8M-30.7%
Total equity$3.3B+25.1%
Total assets$3.9B+22.0%

Cash flow

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Operating cash flow$79.7M-29.8%
CapEx$17.2M+3.9%
Free cash flow$62.5M-35.5%

Valuation

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Market cap$15.19B+45.3%
Enterprise value$13.83B+42.8%
P/E17.9×+1.2×
P/S3.5×+0.8×

Profitability

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Gross margin29.7%+2.3pp
Operating margin24.4%+4.1pp
Net margin19.4%+3.5pp
FCF margin14.9%+2.0pp

Returns & leverage

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Return on equity28.2%+3.7pp
Debt / equity0.0×
Current ratio5.4×+1.1×

Where this comes from

Calculated from Mueller Industries’s reported figures.

The official record: Mueller Industries’s 10-Q, filed April 22, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Mueller Industries's invested capital?
Mueller Industries (MLI) reported invested capital of $1.97B in Q1 2026.
How has Mueller Industries's invested capital changed year-over-year?
Mueller Industries's invested capital increased by 6.1% year-over-year, from $1.86B to $1.97B.
What is the long-term trend for Mueller Industries's invested capital?
Over 5 years (2020 to 2025), Mueller Industries's invested capital has grown at a 13.0% compound annual growth rate (CAGR), from $1.01B to $1.85B.
What does invested capital mean?
The capital — debt plus equity, net of idle cash — that funds the operating business.
How do you interpret invested capital?
A level, read mainly through ROIC (NOPAT ÷ invested capital). Growing invested capital is only good if returns on it stay above the cost of capital.
How does invested capital compare across companies?
Used as the base for ROIC; the definition is sector-sensitive, so banks and insurers are best excluded.