Mueller Industries MLI Business Segments
| Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | ||
|---|---|---|---|---|---|---|
| Net Sales by Business | ||||||
| Climate | $123.77M+0.5% | $110.64M-1.8% | $126.67M-1.4% | $137.52M+5.3% | $123.11M+5.4% | |
| Industrial Metals | $321.28M+27.5% | $252.18M+10.1% | $248.94M+4.6% | $270.6M+38.5% | $251.91M+61.4% | |
| Piping Systems | $760.53M+18.9% | $607.16M+4.4% | $718.4M+9.9% | $743.48M+8.0% | $639.68M+8.4% | |
| Segment assets by Business | ||||||
| Climate | $268.58M+1.0% | $265.45M+0.3% | $279.1M+3.9% | $270.29M-2.0% | $265.86M+3.9% | |
| Industrial Metals | $922.62M+7.0% | $849.05M+4.5% | $871.51M+7.4% | $864.24M+5.3% | $862.27M+382% | |
| Piping Systems | $1.35B+8.7% | $1.23B+5.0% | $1.27B+11.7% | $1.3B+17.0% | $1.24B+17.6% | |
| Other segment items by Business | ||||||
| Climate | $3.24M-12.7% | $3.95M+136% | $3.37M+465% | $4.71M+31.4% | $3.71M+7.9% | |
| Industrial Metals | $8.14M-0.3% | $9.78M-27.7% | $7.46M+87.4% | $7.85M+182% | $8.16M+284% | |
| Piping Systems | $16.57M+4,780% | —— | $10.61M+15.0% | -$21.41M-522% | -$354K-105% | |
| Operating Income (Loss), Excluding Corporate by Business | ||||||
| Climate | $33.38M-6.3% | $27.9M-17.3% | $38.9M-4.6% | $42.63M+9.3% | $35.62M+9.4% | |
| Industrial Metals | $44.27M+47.2% | $13.43M-6.8% | $30.93M+27.8% | $30.61M+3.1% | $30.08M+24.0% | |
| Piping Systems | $217.01M+37.2% | $147.7M-0.8% | $216.16M+32.1% | $250.3M+54.3% | $158.16M+10.9% | |
| Pre tax gain of sale of business by Business | ||||||
| Climate | $0-100% | —— | $0-100% | -$1.01M— | $3K— | |
| Industrial Metals | $0— | —— | $0— | $3K— | $0— | |
| Piping Systems | $0-100% | —— | -$13K— | $1.35M— | $14.46M— | |
| Expenditures for long-lived assets (including those resulting from business acquisitions) by Business | ||||||
| Climate | $1.64M+15.7% | $2.56M+47.5% | $3.42M+68.0% | $1.02M-24.1% | $1.41M-58.6% | |
| Industrial Metals | $10.93M+40.4% | $8.53M-58.2% | $9.49M-31.8% | $8.45M-91.8% | $7.79M+634% | |
| Piping Systems | $4.67M-36.9% | $8.73M-27.9% | $5.39M+44.1% | $4.63M+20.1% | $7.39M+9.9% | |
| Gain (Loss) on Disposition of Other Assets by Business | ||||||
| Climate | $0-100% | —— | —— | —— | $3K— | |
| Industrial Metals | -$8K— | —— | —— | —— | $0— | |
| Piping Systems | -$1.53M-111% | —— | —— | —— | $14.46M— | |
| Sales and marketing expense by Business | ||||||
| Climate | $3.43M+3.5% | $3.41M+11.2% | $3.39M-4.5% | $3.66M-1.8% | $3.31M-1.3% | |
| Industrial Metals | $1.9M+55.6% | $1.68M+33.4% | $1.62M+55.1% | $1.34M+66.8% | $1.22M+70.0% | |
| Piping Systems | $8.6M+4.2% | $8.07M+10.7% | $6.68M-9.6% | $8.05M+21.6% | $8.25M+30.9% | |
| D&A by Business | ||||||
| Climate | $1.68M-0.8% | $1.67M+1.3% | $1.66M+0.4% | $1.73M+4.9% | $1.69M+6.1% | |
| Industrial Metals | $8.31M-0.6% | $8.55M-35.4% | $8.35M+110% | $8.45M+257% | $8.36M+335% | |
| Piping Systems | $5.6M+3.4% | $5.64M+3.0% | $5.53M+8.8% | $6.07M+23.1% | $5.42M+18.8% | |
| Distribution expense by Business | ||||||
| Climate | $491K+4.0% | $447K-27.7% | $526K-3.5% | $550K+9.8% | $472K-0.2% | |
| Industrial Metals | $515K-26.8% | $496K-4.2% | $472K-16.3% | $742K+29.7% | $704K+20.8% | |
| Piping Systems | $11.14M-0.2% | $10.79M+4.1% | $11.02M+13.1% | $11.37M+16.7% | $11.15M+20.6% | |
| Manufacturing costs by Business | ||||||
| Climate | $83.23M+4.0% | $74.93M+1.9% | $80.48M-3.1% | $85.97M+2.7% | $80M+3.9% | |
| Industrial Metals | $266.45M+25.8% | $226.8M+13.8% | $208.46M+0.1% | $230.06M+42.5% | $211.74M+64.9% | |
| Piping Systems | $507.21M+9.7% | $430.68M+6.6% | $473.94M+2.2% | $495.17M-1.9% | $462.47M+8.9% | |
| Asset impairments by Business | ||||||
| Climate | $0— | $0— | $0— | —— | —— | |
| Industrial Metals | $0— | $1.72M— | $0— | —— | —— | |
| Piping Systems | $2.65M— | —— | $2.02M— | —— | —— | |
| Net Sales by Product | ||||||
| Brass rod, forgings, wire and cable | $297.51M+35.7% | $218.52M+9.1% | $215.02M+2.8% | $233.76M+44.0% | $219.28M+76.8% | |
| Flex duct and other HVAC components | $90.32M-1.7% | $80.77M-4.7% | $93.43M-5.0% | $100.13M+0.2% | $91.85M+5.8% | |
| OEM components, tube and assemblies | $44.38M-10.3% | —— | $53.47M+11.5% | $58.1M+14.0% | $49.48M+1.0% | |
| Other | $12.84M-11.0% | $14.87M+17.1% | $13.69M+24.6% | $16.12M+27.7% | $14.42M+10.5% | |
| Tube and fittings | $620.75M+18.1% | $484.61M+2.0% | $591.21M+9.2% | $615.35M+8.2% | $525.8M+9.9% | |
| Valves and plumbing specialties | $139.78M+22.7% | $122.55M+14.9% | $127.2M+13.3% | $128.12M+7.1% | $113.89M+2.0% |
Chart any of these lines over time, or line them up against competitors.
Compare these in charts →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.
