📊 MLI Key Takeaways
Is MLI a Good Investment? Thesis Analysis
Mueller Industries demonstrates exceptional financial health with fortress-like liquidity (5.92x current ratio, $1.4B cash, zero long-term debt) and exceptional profitability (23.8% ROE, 20.5% ROA, 18.3% net margin). Strong revenue growth (+10.9% YoY) combined with outstanding free cash flow generation ($686.6M, 16.4% FCF margin) and improving EPS (+29.2% YoY) indicates both operational excellence and effective capital allocation.
Why Buy MLI? Key Strengths
- Pristine balance sheet with zero long-term debt and $1.4B cash providing strategic flexibility
- Outstanding profitability with 22.9% operating margin and 18.3% net margin, well above manufacturing peers
- Strong free cash flow generation ($686.6M) covering capex 10x over with significant surplus for capital allocation
- Consistent revenue growth (+10.9% YoY) demonstrates market demand and pricing power
- Exceptional returns on capital (23.8% ROE, 20.5% ROA) indicating efficient asset deployment
- Fortress liquidity ratios (5.92x current, 4.68x quick) provide downside protection and M&A optionality
MLI Investment Risks to Consider
- Gross margin of only 6.1% is concerning despite strong operating margins, indicating heavy manufacturing costs and sensitivity to input price inflation
- Leverage of operations toward operating/SG&A efficiency rather than product margin leaves limited cushion if demand weakens
- Exposure to nonferrous metals market cyclicality and commodity price volatility affecting raw material costs
- Limited insider activity (5 Form 4 filings in 90 days) provides minimal signal of insider conviction
Key Metrics to Watch
- Gross margin sustainability as raw material costs fluctuate
- Free cash flow generation and conversion ratio to net income
- Revenue growth trajectory and market share trends in rolling and extruding segment
- Operating margin expansion or compression relative to revenue growth
- Capital allocation decisions and return on incremental investments
MLI Financial Metrics
💡 AI Analyst Insight
Strong liquidity with a 5.92x current ratio provides a solid financial cushion.
MLI Profitability Ratios
MLI vs Default Sector
How MUELLER INDUSTRIES INC compares to Default sector averages
Sector benchmarks are approximate industry averages. Actual sector performance may vary.
Is MLI Overvalued or Undervalued?
Based on fundamental analysis, MUELLER INDUSTRIES INC appears fundamentally strong relative to the Default sector in 2026.
Note: This is a fundamental analysis based on SEC filings. For P/E ratio, price targets, and market-based valuation, consult financial data providers. This is not investment advice.
MLI Balance Sheet & Liquidity
MLI 5-Year Financial Trend & Growth Analysis
5-Year Trend Summary: MUELLER INDUSTRIES INC's revenue has grown significantly by 11% over the 5-year period, indicating strong business expansion. The most recent EPS of $5.30 reflects profitable operations.
MLI Growth Metrics (YoY)
MLI Quarterly Performance
| Quarter | Revenue | Net Income | EPS |
|---|---|---|---|
| Q3 2025 | $997.8M | $168.7M | $1.48 |
| Q2 2025 | $997.7M | $160.2M | $1.41 |
| Q1 2025 | $849.7M | $138.4M | $1.21 |
| Q3 2024 | $819.8M | $132.7M | $1.17 |
| Q2 2024 | $897.0M | $160.2M | $1.41 |
| Q1 2024 | $849.7M | $138.4M | $1.21 |
| Q3 2023 | $819.8M | $132.7M | $1.17 |
| Q2 2023 | $897.0M | $177.7M | $3.12 |
Data sourced from SEC EDGAR 10-Q quarterly filings. Figures may represent quarterly or cumulative values.
MLI Capital Allocation
MLI SEC 10-K & 10-Q Filing Analysis
Access official SEC EDGAR filings for MUELLER INDUSTRIES INC (CIK: 0000089439)
📋 Recent SEC Filings
❓ Frequently Asked Questions about MLI
What is the AI rating for MLI?
MUELLER INDUSTRIES INC (MLI) has an AI rating of STRONG BUY with 92% confidence, based on fundamental analysis of SEC EDGAR filings.
What are MLI's key strengths?
Claude: Pristine balance sheet with zero long-term debt and $1.4B cash providing strategic flexibility. Outstanding profitability with 22.9% operating margin and 18.3% net margin, well above manufacturing peers.
What are the risks of investing in MLI?
Claude: Gross margin of only 6.1% is concerning despite strong operating margins, indicating heavy manufacturing costs and sensitivity to input price inflation. Leverage of operations toward operating/SG&A efficiency rather than product margin leaves limited cushion if demand weakens.
What is MLI's revenue and growth?
MUELLER INDUSTRIES INC reported revenue of $4.2B.
Does MLI pay dividends?
MUELLER INDUSTRIES INC pays dividends, with $109.1M distributed to shareholders in the trailing twelve months.
Where can I find MLI SEC filings?
Official SEC filings for MUELLER INDUSTRIES INC (CIK: 0000089439) including 10-K, 10-Q, and 8-K reports are available on SEC EDGAR.
What is MLI's EPS?
MUELLER INDUSTRIES INC has a diluted EPS of $6.86.
How is the AI analysis conducted?
Two independent AI systems — Claude (Anthropic) and ChatGPT (OpenAI) — analyze SEC EDGAR filings including 10-K annual reports and 10-Q quarterly reports. Each AI evaluates financial health, profitability ratios, balance sheet strength, and growth metrics. The combined rating reflects both perspectives for balanced insights.
Is MLI a good stock to buy right now?
Based on our AI fundamental analysis in April 2026, MUELLER INDUSTRIES INC has a STRONG BUY rating with 92% confidence. The AI analysis suggests favorable fundamentals based on SEC filings. This is not investment advice.
Is MLI stock overvalued or undervalued?
Valuation metrics for MLI: ROE of 23.8% (sector avg: 15%), net margin of 18.3% (sector avg: 12%). Higher ROE suggests strong returns relative to peers.
Should I buy MLI stock in 2026?
Our dual AI analysis gives MUELLER INDUSTRIES INC a combined STRONG BUY rating for 2026. Revenue is data pending, with profitability above sector average. Always conduct your own research.
What is MLI's free cash flow?
MUELLER INDUSTRIES INC's operating cash flow is $755.4M, with capital expenditures of $68.8M. FCF margin is 16.4%.
How does MLI compare to other Default stocks?
Vs Default sector averages: Net margin 18.3% (avg: 12%), ROE 23.8% (avg: 15%), current ratio 5.92 (avg: 1.8).