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MUELLER INDUSTRIES INC (MLI)

Income Statement Business | Product | Geographic

Standardized | As Reported Annual | Quarterly | TTM
  Older >>
In millions, except per share itemsDec-31-22Sep-24-22Jun-25-22Mar-26-22Dec-25-21Sep-25-21Jun-26-21Mar-27-21
   10-K8-K10-Q10-Q10-K10-Q10-Q10-Q
Revenues:  
    Piping Systems    824.8703.4652.5688.2711.6547.7
    Industrial Metals    179.2174.3176.2182.2180.0164.9
    Climate    164.5140.6130.4122.3131.7111.0
Total revenues   [+]877.6944.81,150.01,010.0956.4982.21,012.6818.1
            Revenue growth   [+]-8.2%-3.8%13.6%23.4%41.5%58.7%102.5%35.7%
Cost of goods sold  2,864.90.0820.9744.5668.8744.3799.7668.4
Gross profit  -1,987.3944.8329.1265.5287.5238.0212.9149.7
            Gross margin  -226.4%100.0%28.6%26.3%30.1%24.2%21.0%18.3%
Selling, general and administrative   [+]203.1 49.047.546.248.543.945.4
Equity in earnings  10.1 4.90.1-0.32.8-1.0-1.6
EBITDA   [+]237.9 285.2212.7237.9137.6168.0102.7
            EBITDA margin  27.1%21.7%24.8%21.1%24.9%14.0%16.6%12.5%
Depreciation  38.2 11.410.95.211.011.211.8
EBITA  199.7205.2273.8201.8232.7126.6156.890.9
            EBITA margin  22.8%21.7%23.8%20.0%24.3%12.9%15.5%11.1%
Amortization of intangibles  5.6   6.3   
EBIT   [+]194.2205.2273.8201.8226.4126.6156.890.9
            EBIT margin  22.1%21.7%23.8%20.0%23.7%12.9%15.5%11.1%
Non-recurring items   [+]-6.4  -11.054.6-109.5  
Interest expense  0.8 0.10.20.31.11.94.5
Other income (expense), net  676.3-205.2-2.70.70.3-5.3-4.02.2
Pre-tax income  876.00.0270.9213.3171.8229.7151.088.6
Income taxes  -223.30.068.354.2-286.960.239.021.8
            Tax rate    25.2%25.4% 26.2%25.8%24.5%
Minority interest  4.5 1.00.91.11.32.12.1
Net income  658.30.0206.6158.3125.6171.0108.863.1
            Net margin  75.0%0.0%18.0%15.7%13.1%17.4%10.7%7.7%
   
Basic EPS   [+]$11.80 $3.70$2.82$2.24$3.05$1.95$1.13
Diluted EPS   [+]$11.64 $3.65$2.78$2.21$3.01$1.92$1.11
   
Dividends per share   [+]$1.00 $0.25$0.25$0.13$0.13$0.13$0.13
   
Shares outstanding (basic)   [+]55.8 55.856.156.056.155.955.9
Shares outstanding (diluted)   [+]56.6 56.556.956.856.856.856.7
   
EBIT is a non-GAAP figure that excludes all non-recurring expenses: restructuring costs, asset impairments, IPR&D writeoffs, and other unusual charges.  

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