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Mueller Industries MLI Business Segments

FY'25FY'24FY'23FY'22
Net Sales by Business
Climate$497.93M+1.9%$488.45M-2.5%$500.79M-23.0%$650.31M+31.3%
Industrial Metals$1.02B+25.1%$818.44M+41.6%$577.88M-10.4%$644.69M-8.3%
Piping Systems$2.71B+7.7%$2.51B+5.5%$2.38B-12.7%$2.73B+5.0%
Segment assets by Business
Climate$1.08B+1.5%$1.06B+1.9%$1.05B-7.4%$1.13B
Industrial Metals$3.45B+31.3%$2.62B+294%$665.33M-8.2%$725.15M
Piping Systems$5.04B+12.7%$4.48B-1.1%$4.53B-6.3%$4.83B
Other segment items by Business
Climate$15.73M+69.4%$9.29M+253%-$6.05M-140%$15.19M
Industrial Metals$33.26M+48.3%$22.42M+136%$9.51M+27.5%$7.46M
Operating Income (Loss), Excluding Corporate by Business
Climate$145.05M-0.7%$146.05M-15.0%$171.86M-8.6%$188.07M
Industrial Metals$105.05M+13.5%$92.56M+21.2%$76.38M-7.4%$82.46M
Piping Systems$772.32M+25.1%$617.45M+8.5%$569.24M-15.2%$671.06M
Expenditures for long-lived assets (including those resulting from business acquisitions) by Business
Climate$8.41M-1.4%$8.53M-44.6%$15.41M+490%$2.61M-79.0%
Corporate and Unallocated$0-100%$11.76M+16.5%$10.09M+35.9%$7.43M
Industrial Metals$34.25M-75.2%$138.21M+1,369%$9.41M+36.2%$6.91M+20.2%
Piping Systems$26.14M-1.1%$26.43M+38.3%$19.12M-7.6%$20.69M-52.3%
Sales and marketing expense by Business
Climate$13.78M+0.5%$13.71M-2.0%$13.98M-26.9%$19.13M
Industrial Metals$5.86M+53.2%$3.82M+58.5%$2.41M+2.3%$2.36M
Piping Systems$31.06M+12.5%$27.61M+4.0%$26.55M+9.3%$24.29M
D&A by Business
Climate$6.74M+3.2%$6.54M-13.6%$7.57M-17.5%$9.17M-11.6%
Corporate and Unallocated$5.46M+8.4%$5.04M+8.3%$4.65M-1.4%$4.72M
Industrial Metals$33.7M+56.7%$21.51M+196%$7.27M-4.9%$7.65M+10.4%
Piping Systems$22.66M+13.0%$20.05M-2.0%$20.46M-7.8%$22.19M-5.1%
Reductions by Business
Climate$0$0$0+100%
Industrial Metals$0$0$0
Piping Systems-$14.45M-$7.01M+37.5%-$11.22M-155%
Currency translation by Business
Climate$0$0$0$0
Industrial Metals$0$0$0$0
Piping Systems$1.47M+178%-$1.9M-253%$1.24M+149%-$2.53M-3,097%
Distribution expense by Business
Climate$2M-6.6%$2.14M-11.3%$2.41M-10.3%$2.69M
Industrial Metals$2.41M+7.9%$2.24M-4.0%$2.33M-1.6%$2.37M
Piping Systems$44.33M+13.4%$39.11M+6.7%$36.65M+2.4%$35.77M
Manufacturing costs by Business
Climate$321.37M+1.3%$317.26M-0.4%$318.59M-25.1%$425.24M
Industrial Metals$877.06M+25.8%$697.4M+43.1%$487.25M-11.4%$550.04M
Piping Systems$1.86B+3.6%$1.8B+5.5%$1.7B-13.1%$1.96B
Net Sales by Product
Brass rod, forgings, wire and cable$886.58M+27.4%$695.88M+53.2%$454.25M-11.1%$510.87M-9.7%
Flex duct and other HVAC components$366.18M-1.0%$369.82M-2.6%$379.87M-28.2%$529.3M+47.9%
OEM components, tube & assemblies$209.72M+9.3%$191.82M-4.5%$200.8M+2.6%$195.65M-10.5%
Other$59.09M+19.7%$49.36M+12.8%$43.75M-26.1%$59.18M-33.4%
Tube and fittings$2.22B+7.4%$2.06B+7.1%$1.93B-12.9%$2.21B+7.6%
Valves and plumbing specialties$491.76M+9.2%$450.32M-1.2%$455.6M-12.1%$518.12M+1.2%
Net Sales by Geography
Asia and the Middle East$186.62M-19.2%$231.09M+50.2%$153.82M-29.4%$217.75M+162%
Canada$347.74M+0.9%$344.61M+1.5%$339.68M-17.3%$410.68M-12.6%
Mexico$75.46M-12.0%$85.76M+1.4%$84.58M-7.5%$91.39M-2.8%
United Kingdom$283.28M+0.9%$280.73M+3.9%$270.13M-9.2%$297.58M-10.1%
United States$3.29B+16.2%$2.83B+9.9%$2.57B-13.3%$2.97B+6.2%

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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.