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Mueller Industries MLI Corporate and Unallocated — Impairment Charges

Other segment segments

Piping Systems
$2.65M
Climate
$0
Industrial Metals
$0

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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:AssetImpairmentCharges.

The source filing: Mueller Industries’s 10-K, filed February 25, 2026.

Filed
Feb 25, 2026, 4:44 PM EST
Fiscal year
FY2025
Accession
0000089439-26-000008
(In thousands)Piping SystemsIndustrial MetalsClimateCorporate and UnallocatedTotal
Depreciation and amortization (4)$22,657$33,699$6,741$5,464$68,561
(Gain) loss on disposal of assets, net(14,990)(33)1,010(11,865)(25,878)
Impairment charges2,0181,7173,735
Gain on insurance proceeds(41,147)(41,147)
Expenditures for long-lived assets (including those resulting from business acquisitions)26,14234,2498,41468,805
Segment assets1,226,524849,049265,4451,392,0113,733,029
(4) The amount of depreciation and amortization disclosed by reportable segment is included within the other segment expense captions, such as manufacturing costs or other segment items.

ITEM 16. Form 10-K Summary

FAQ

What is Mueller Industries's corporate and unallocated — impairment charges?
Mueller Industries (MLI) reported corporate and unallocated — impairment charges of $0 in Q4 2025.
What does corporate and unallocated — impairment charges mean?
This represents the write-down of the carrying value of corporate assets when their fair market value falls below their book value. It serves as a signal that the expected future economic benefits of these assets have diminished, necessitating an accounting adjustment.

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