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Mueller Industries MLI Industrial Metals — Net Sales

Other segment segments

Piping Systems
$946.58M+27.3%
Climate
$144.95M+5.4%

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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 industrial metals — net sales?
Mueller Industries (MLI) reported industrial metals — net sales of $355M in Q2 2026.
How has Mueller Industries's industrial metals — net sales changed year-over-year?
Mueller Industries's industrial metals — net sales increased by 31.2% year-over-year, from $270.6M to $355M.
What is the long-term trend for Mueller Industries's industrial metals — net sales?
Over 4 years (2021 to 2025), Mueller Industries's industrial metals — net sales has grown at a 9.8% compound annual growth rate (CAGR), from $703.36M to $1.02B.
What does industrial metals — net sales mean?
The total revenue generated by the industrial metals business segment from the sale of goods and services to external customers. This figure represents the top-line performance of the segment before deducting any operating costs or expenses.

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