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Mueller Industries MLI Piping Systems — Gain Loss On Disposition Of Assets

Discontinued — last reported Q3 '18

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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:GainLossOnDispositionOfAssets.

The official record: Mueller Industries’s 10-Q, filed October 23, 2019, on SEC EDGAR. View the filing →

Questions, answered.

What does piping systems — gain loss on disposition of assets mean?
The net profit or loss realized from selling or disposing of physical assets like machinery, equipment, or property in the Piping Systems segment.
How do you interpret piping systems — gain loss on disposition of assets?
A gain indicates successful divestiture of underperforming or redundant assets, while a loss may suggest asset impairment or unfavorable market conditions for equipment resale.
How does piping systems — gain loss on disposition of assets compare across companies?
Commonly reported as 'Gain/Loss on Sale of Assets' in the cash flow or income statement notes of industrial peers.