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Mueller Industries MLI Climate — Net Sales

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Piping Systems
$946.58M+27.3%
Industrial Metals
$355M+31.2%

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Other financials

Income statement

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Revenue$1.4B+25.5%
Gross profit$395.3M+12.0%
Operating income$310.0M+1.9%
Net income$249.7M+1.5%
EPS (diluted)$1.13+1.8%

Balance sheet

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Cash & equivalents$1.4B+38.1%
Total debt$24.7M-20.2%
Total equity$3.5B+21.6%
Total assets$4.3B+22.1%

Cash flow

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Operating cash flow$212.3M+11.4%
CapEx$21.6M+52.9%
Free cash flow$190.7M+8.0%

Valuation

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Market cap$15.32B+58.5%
Enterprise value$13.95B+60.5%
P/E18×+4.4×
P/S3.3×+0.9×

Profitability

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Gross margin28.8%+0.3pp
Operating margin23%+1.1pp
Net margin18.2%+0.8pp
FCF margin14.3%-0.2pp

Returns & leverage

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Return on equity26.3%+0.3pp
Debt / equity0.0×
Current ratio4.8×-0.1×

Where this comes from

Reported directly by Mueller Industries in its filing.

Tagged under the XBRL concept us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax.

The source filing: Mueller Industries’s 10-Q, filed July 22, 2026.

Filed
Jul 22, 2026, 4:17 PM EDT
Fiscal quarter
Q4 FY2026
Calendar quarter
Q4 2026
Accession
0000089439-26-000032
(In thousands)Piping SystemsIndustrial MetalsClimateTotal
Brass rod, forgings, wire and cable326,879326,879
OEM components, tube and assemblies11,19339,13450,327
Valves and plumbing specialties152,381152,381
Flex duct and other HVAC components105,818105,818
Other16,92616,926
$946,575$354,998$144,952$1,446,525
Intersegment sales(18,602)
Net sales$1,427,923

Item 1. – Financial Statements (Unaudited)

FAQ

What is Mueller Industries's climate — net sales?
Mueller Industries (MLI) reported climate — net sales of $144.95M in Q2 2026.
How has Mueller Industries's climate — net sales changed year-over-year?
Mueller Industries's climate — net sales increased by 5.4% year-over-year, from $137.52M to $144.95M.
What is the long-term trend for Mueller Industries's climate — net sales?
Over 4 years (2021 to 2025), Mueller Industries's climate — net sales has grown at a 0.1% compound annual growth rate (CAGR), from $495.41M to $497.93M.
What does climate — net sales mean?
Represents the total revenue generated by the Climate segment from the sale of goods and services, net of returns, allowances, and discounts. This metric reflects the market demand for the segment's climate-control products and its ability to generate top-line growth within the industrial sector.

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