What does piping systems — gain/loss on asset sales mean?

The net profit or loss from selling assets used by the Piping Systems segment.

How do you interpret piping systems — gain/loss on asset sales?

Frequent gains may suggest active portfolio management, while losses may indicate asset obsolescence.

How does piping systems — gain/loss on asset sales compare across companies?

Standard line item for asset disposal impact in segment reporting.

Mueller Industries MLI Piping Systems — Gain/Loss on Asset Sales

Discontinued — last reported Q4 '19

Similar metrics at other companies

WMSPipe — Disposal

$0-100%

MOG.BIndustrial Systems — Gain (Loss) on Sale of Business

-$15.25M-893%

AMWater Handling — Gain Loss On Disposition Of Assets1

$473K—

AMWater Handling — Gain Loss On Sale Of Property Plant Equipment

-$571K—

ITTSegment Results — Gain Loss On Sale Of Property Plant Equipment

$550K+144%

MOG.BIndustrial Systems — Gain (Loss) on Divestiture

-$1.54M—

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 / equity0×0.0×

Current ratio5.4×+1.1×

Where this comes from

Reported directly by Mueller Industries in its filing.

Tagged under the XBRL concept us-gaap:GainLossOnDispositionOfAssets1.

The official record: Mueller Industries’s 10-K, filed February 23, 2022, on SEC EDGAR. View the filing →

Questions, answered.

What does piping systems — gain/loss on asset sales mean?: The net profit or loss from selling assets used by the Piping Systems segment.
How do you interpret piping systems — gain/loss on asset sales?: Frequent gains may suggest active portfolio management, while losses may indicate asset obsolescence.
How does piping systems — gain/loss on asset sales compare across companies?: Standard line item for asset disposal impact in segment reporting.