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Mueller Industries MLI Industrial Metals — Goodwill, Impaired, Accumulated Impairment Loss

Other segment segments

Piping Systems
$40.55M0.0%
Climate
$2.09M0.0%

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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:GoodwillImpairedAccumulatedImpairmentLoss.

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 MetalsClimateTotal
Goodwill$172,806$8,854$21,652$203,312
Accumulated impairment charges(40,552)(8,853)(2,087)(51,492)
Balance at December 30, 2023:132,254119,565151,820
Additions (1)15,107146,137161,244
Currency translation(1,899)(1,899)
Balance at December 28, 2024:145,462146,13819,565311,165
Reductions (2)(14,449)(14,449)
Currency translation1,4721,472

ITEM 16. Form 10-K Summary

FAQ

What is Mueller Industries's industrial metals — goodwill, impaired, accumulated impairment loss?
Mueller Industries (MLI) reported industrial metals — goodwill, impaired, accumulated impairment loss of $8.85M in Q4 2025.
How has Mueller Industries's industrial metals — goodwill, impaired, accumulated impairment loss changed year-over-year?
Mueller Industries's industrial metals — goodwill, impaired, accumulated impairment loss decreased by 0.0% year-over-year, from $8.85M to $8.85M.
What does industrial metals — goodwill, impaired, accumulated impairment loss mean?
This represents the cumulative amount of impairment charges recognized against the goodwill of the Industrial Metals segment. It indicates that the carrying value of the acquired business units has been written down due to a decline in fair value. This serves as a key indicator of historical overpayment or underperformance of acquired assets.

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