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Mueller Industries MLI Tube and fittings — Net Sales

Other product segments

Brass rod, forgings, wire and cable
$326.88M+39.8%
OEM components, tube & assemblies
$209.72M+9.3%
Valves and plumbing specialties
$152.38M+18.9%
Flex duct and other HVAC components
$105.82M+5.7%
OEM components, tube and assemblies
$50.33M-13.4%
Other
$16.93M+5.0%

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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$15.12B+58.5%
Enterprise value$13.75B+60.5%
P/E17.8×+4.3×
P/S3.2×+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
Tube and fittings$794,194$794,194
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)

Item 1. – Financial Statements (Unaudited)

FAQ

What is Mueller Industries's tube and fittings — net sales?
Mueller Industries (MLI) reported tube and fittings — net sales of $794.19M in Q2 2026.
How has Mueller Industries's tube and fittings — net sales changed year-over-year?
Mueller Industries's tube and fittings — net sales increased by 29.1% year-over-year, from $615.35M to $794.19M.
What is the long-term trend for Mueller Industries's tube and fittings — net sales?
Over 4 years (2021 to 2025), Mueller Industries's tube and fittings — net sales has grown at a 1.9% compound annual growth rate (CAGR), from $2.06B to $2.22B.
What does tube and fittings — net sales mean?
This metric represents the total revenue generated from the sale of tube and fitting products within a specific business segment, net of returns, allowances, and discounts. It serves as a primary indicator of market demand and competitive positioning for the company's core piping and infrastructure product lines. Tracking this revenue stream allows stakeholders to assess the growth trajectory and cyclicality of the company's manufacturing output in the industrial and construction sectors.

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