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Mueller Industries MLI Non-Controlling Interests

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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:MinorityInterest.

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, except share data)(Unaudited) / June 27,2026December 27,2025
Retained earnings4,172,8583,761,575
Accumulated other comprehensive loss(63,664)(50,835)
Treasury common stock, at cost(923,949)(847,411)
Total Mueller Industries, Inc. stockholders' equity3,547,7503,209,966
Noncontrolling interests26,26625,940
Total equity3,574,0163,235,906
Commitments and contingencies
Total liabilities and equity$4,257,268$3,733,029

Item 1. – Financial Statements (Unaudited)

FAQ

What is Mueller Industries's non-controlling interests?
Mueller Industries (MLI) reported non-controlling interests of $26.27M in Q2 2026.
How has Mueller Industries's non-controlling interests changed year-over-year?
Mueller Industries's non-controlling interests increased by 9.2% year-over-year, from $24.06M to $26.27M.
What is the long-term trend for Mueller Industries's non-controlling interests?
Over 5 years (2020 to 2025), Mueller Industries's non-controlling interests has grown at a 1.3% compound annual growth rate (CAGR), from $24.32M to $25.94M.
What does non-controlling interests mean?
Equity attributable to minority shareholders in subsidiaries not fully owned by the parent — their proportional claim on subsidiary net assets.

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