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Mueller Industries MLI Collierville TN — Operating Lease Right Of Use Asset

Discontinued — last reported Q1 '20

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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

Reported directly by Mueller Industries in its filing.

Tagged under the XBRL concept us-gaap:OperatingLeaseRightOfUseAsset.

The official record: Mueller Industries’s 10-K, filed February 26, 2020, on SEC EDGAR. View the filing →

Questions, answered.

What does collierville TN — operating lease right of use asset mean?
The balance sheet value of the right to use leased property or equipment at the Collierville, Tennessee site.
How do you interpret collierville TN — operating lease right of use asset?
An increase indicates a larger footprint of leased assets, potentially signaling operational growth or a shift toward leasing rather than owning facilities.
How does collierville TN — operating lease right of use asset compare across companies?
Comparable to Right-of-Use (ROU) asset disclosures required under ASC 842 for manufacturing and industrial companies.