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Mueller Industries MLI Business Segments

Q1 '26Q4 '25Q3 '25Q2 '25Q1 '25
Net Sales by Business
Climate$123.77M+11.9%$110.64M-12.6%$126.67M-7.9%$137.52M+11.7%$123.11M+9.3%
Industrial Metals$321.28M+27.4%$252.18M+1.3%$248.94M-8.0%$270.6M+7.4%$251.91M+10.0%
Piping Systems$760.53M+25.3%$607.16M-15.5%$718.4M-3.4%$743.48M+16.2%$639.68M+10.0%
Segment assets by Business
Climate$268.58M+1.2%$265.45M-4.9%$279.1M+3.3%$270.29M+1.7%$265.86M+0.4%
Industrial Metals$922.62M+8.7%$849.05M-2.6%$871.51M+0.8%$864.24M+0.2%$862.27M+6.1%
Piping Systems$1.35B+10.3%$1.23B-3.6%$1.27B-2.2%$1.3B+4.6%$1.24B+6.5%
Other segment items by Business
Climate$3.24M-18.0%$3.95M+17.1%$3.37M-28.4%$4.71M+27.1%$3.71M+122%
Industrial Metals$8.14M-16.8%$9.78M+31.0%$7.46M-4.9%$7.85M-3.8%$8.16M-39.7%
Piping Systems$16.57M$10.61M+150%-$21.41M-5,949%-$354K-103%
Operating Income (Loss), Excluding Corporate by Business
Climate$33.38M+19.6%$27.9M-28.3%$38.9M-8.7%$42.63M+19.7%$35.62M+5.7%
Industrial Metals$44.27M+230%$13.43M-56.6%$30.93M+1.0%$30.61M+1.7%$30.08M+109%
Piping Systems$217.01M+46.9%$147.7M-31.7%$216.16M-13.6%$250.3M+58.3%$158.16M+6.2%
Pre tax gain of sale of business by Business
Climate$0$0+100%-$1.01M-33,867%$3K
Industrial Metals$0$0-100%$3K$0
Piping Systems$0-$13K-101%$1.35M-90.7%$14.46M
Expenditures for long-lived assets (including those resulting from business acquisitions) by Business
Climate$1.64M-36.1%$2.56M-25.1%$3.42M+234%$1.02M-27.5%$1.41M-18.6%
Industrial Metals$10.93M+28.2%$8.53M-10.1%$9.49M+12.3%$8.45M+8.5%$7.79M-61.8%
Piping Systems$4.67M-46.6%$8.73M+62.1%$5.39M+16.4%$4.63M-37.4%$7.39M-39.0%
Gain (Loss) on Disposition of Other Assets by Business
Climate$0$3K-99.8%
Industrial Metals-$8K$0
Piping Systems-$1.53M$14.46M
Sales and marketing expense by Business
Climate$3.43M+0.4%$3.41M+0.6%$3.39M-7.3%$3.66M+10.6%$3.31M+7.8%
Industrial Metals$1.9M+13.5%$1.68M+3.6%$1.62M+21.2%$1.34M+9.2%$1.22M-2.6%
Piping Systems$8.6M+6.6%$8.07M+20.7%$6.68M-17.0%$8.05M-2.4%$8.25M+13.2%
D&A by Business
Climate$1.68M+0.8%$1.67M+0.5%$1.66M-4.0%$1.73M+2.0%$1.69M+2.9%
Industrial Metals$8.31M-2.8%$8.55M+2.5%$8.35M-1.2%$8.45M+1.1%$8.36M-36.9%
Piping Systems$5.6M-0.6%$5.64M+1.9%$5.53M-8.9%$6.07M+12.0%$5.42M-1.0%
Distribution expense by Business
Climate$491K+9.8%$447K-15.0%$526K-4.4%$550K+16.5%$472K-23.6%
Industrial Metals$515K+3.8%$496K+5.1%$472K-36.4%$742K+5.4%$704K+35.9%
Piping Systems$11.14M+3.2%$10.79M-2.1%$11.02M-3.1%$11.37M+1.9%$11.15M+7.6%
Manufacturing costs by Business
Climate$83.23M+11.1%$74.93M-6.9%$80.48M-6.4%$85.97M+7.5%$80M+8.8%
Industrial Metals$266.45M+17.5%$226.8M+8.8%$208.46M-9.4%$230.06M+8.7%$211.74M+6.2%
Piping Systems$507.21M+17.8%$430.68M-9.1%$473.94M-4.3%$495.17M+7.1%$462.47M+14.5%
Asset impairments by Business
Climate$0$0$0
Industrial Metals$0-100%$1.72M$0
Piping Systems$2.65M$2.02M
Net Sales by Product
Brass rod, forgings, wire and cable$297.51M+36.1%$218.52M+1.6%$215.02M-8.0%$233.76M+6.6%$219.28M+9.5%
Flex duct and other HVAC components$90.32M+11.8%$80.77M-13.5%$93.43M-6.7%$100.13M+9.0%$91.85M+8.4%
OEM components, tube and assemblies$44.38M$53.47M-8.0%$58.1M+17.4%$49.48M
Other$12.84M-13.7%$14.87M+8.6%$13.69M-15.1%$16.12M+11.8%$14.42M+13.5%
Tube and fittings$620.75M+28.1%$484.61M-18.0%$591.21M-3.9%$615.35M+17.0%$525.8M+10.7%
Valves and plumbing specialties$139.78M+14.1%$122.55M-3.7%$127.2M-0.7%$128.12M+12.5%$113.89M+6.7%

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Questions, answered.

How does Mueller Industries break its business down?
Mueller Industries (MLI) reports net sales by business across 3 parts — Climate, Industrial Metals and Piping Systems. Each is extracted from the segment footnotes and tracked over time.
Where does Mueller Industries's segment data come from?
Segment breakdowns are pulled from the segment footnotes in Mueller Industries's SEC filings (the XBRL dimensional tags), so every line ties back to a reported figure. Switch between quarterly, annual, and TTM, or open any segment for its full history.