What does plumbing and refrigeration — goodwill acquired mean?

The amount of goodwill added to the balance sheet from new acquisitions in the plumbing and refrigeration segment.

How do you interpret plumbing and refrigeration — goodwill acquired?

Higher values indicate aggressive expansion and investment in new market capabilities.

How does plumbing and refrigeration — goodwill acquired compare across companies?

Standard for companies pursuing a 'buy-and-build' strategy; peers report this in the statement of cash flows or notes to financial statements.

Mueller Industries MLI Plumbing And Refrigeration — Goodwill Acquired

Discontinued — last reported Q4 '15

Similar metrics at other companies

LIIRefrigeration — Goodwill, Acquired During Period

$0—

MASPlumbing Products — Goodwill, Gross

$771M+14.2%

LIIRefrigeration — Goodwill

$0—

LIIResidential Heating and Cooling — Goodwill from business acquisition

$15.23M—

MASPlumbing Products — Goodwill Changes

$3.5M-26.3%

MASPlumbing Products — Goodwill

$395M+5.3%

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

See full

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

Returns & leverage

See full

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:GoodwillAcquiredDuringPeriod.

The official record: Mueller Industries’s 10-K, filed February 24, 2016, on SEC EDGAR. View the filing →

Questions, answered.

What does plumbing and refrigeration — goodwill acquired mean?: The amount of goodwill added to the balance sheet from new acquisitions in the plumbing and refrigeration segment.
How do you interpret plumbing and refrigeration — goodwill acquired?: Higher values indicate aggressive expansion and investment in new market capabilities.
How does plumbing and refrigeration — goodwill acquired compare across companies?: Standard for companies pursuing a 'buy-and-build' strategy; peers report this in the statement of cash flows or notes to financial statements.