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Mueller Industries MLI Provision for Credit Losses

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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:ProvisionForDoubtfulAccounts.

The source filing: Mueller Industries’s 10-Q, filed April 22, 2026.

Filed
Apr 22, 2026, 4:36 PM EDT
Fiscal quarter
Q1 FY2026
Calendar quarter
Q1 2026
Accession
0000089439-26-000018
(In thousands)For the Quarter Ended / March 28, 2026For the Quarter Ended / March 29, 2025
Reconciliation of consolidated net income to net cash provided by operating activities:
Depreciation and amortization16,65217,123
Stock-based compensation expense7,3326,150
Provision for credit losses86199
(Income) loss from unconsolidated affiliates(115)458
Dividends from unconsolidated affiliates1,7242,812
Loss (gain) on disposals of assets, net1,533(14,465)
Gain on sale of business(41,407)

Item 1. – Financial Statements (Unaudited)

FAQ

What is Mueller Industries's provision for credit losses?
Mueller Industries (MLI) reported provision for credit losses of $861K in Q1 2026.
How has Mueller Industries's provision for credit losses changed year-over-year?
Mueller Industries's provision for credit losses increased by 769.7% year-over-year, from $99K to $861K.
What does provision for credit losses mean?
Non-cash provision for expected loan losses, added back in operating cash flow since it's a reserve build, not a cash payment.

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