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MLI

MLI - Mueller Industries Inc Stock Price, Fair Value and News

53.56USD+0.16 (+0.30%)Delayed as of 28 Mar 2024, 10:00 am ET

Market Summary

MLI
USD53.56+0.16
Delayedas of 28 Mar 2024, 10:00 am
0.30%

MLI Alerts

  • Big fall in Revenue (Y/Y)

MLI Stock Price

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MLI RSI Chart

MLI Valuation

Market Cap

6.1B

Price/Earnings (Trailing)

10.06

Price/Sales (Trailing)

1.77

EV/EBITDA

5.52

Price/Free Cashflow

9.02

MLI Price/Sales (Trailing)

MLI Profitability

EBT Margin

24.71%

Return on Equity

25.79%

Return on Assets

21.85%

Free Cashflow Yield

11.09%

MLI Fundamentals

MLI Revenue

Revenue (TTM)

3.4B

Rev. Growth (Yr)

-16.55%

Rev. Growth (Qtr)

-10.66%

MLI Earnings

Earnings (TTM)

602.9M

Earnings Growth (Yr)

-14.16%

Earnings Growth (Qtr)

-10.15%

Breaking Down MLI Revenue

52 Week Range

53.2291.93
(Low)(High)

Last 7 days

3.0%

Last 30 days

8.7%

Last 90 days

14.0%

Trailing 12 Months

-26.9%

How does MLI drawdown profile look like?

MLI Financial Health

Current Ratio

6.43

Debt/Equity

8e-5

Debt/Cashflow

3.6K

MLI Investor Care

Dividend Yield

1.12%

Dividend/Share (TTM)

0.6

Shares Dilution (1Y)

99.27%

Diluted EPS (TTM)

5.32

Historical Charts for Stock Metrics

Get all data in R, Python etc through our Historical Stock Data APIs
Net sales
YearQ1Q2Q3Q4
20233.9B3.7B3.6B3.4B
20224.0B4.1B4.1B4.0B
20212.6B3.1B3.5B3.8B
20202.4B2.3B2.3B2.4B
20192.5B2.5B2.4B2.4B
20182.3B2.4B2.5B2.5B
20172.1B2.2B2.2B2.3B
20162.1B2.1B2.1B2.1B
20152.3B2.2B2.2B2.1B
20142.2B2.2B2.3B2.4B
20132.2B2.2B156.3M2.2B
20122.3B2.2B2.2B2.2B
20112.3B2.4B2.5B2.4B
20101.7B1.9B2.0B2.1B
200902.2B1.9B1.5B
20080002.6B

Tracking the Latest Insider Buys and Sells of Mueller Industries Inc

Filter Transactions
Datesorted ascendingNameBuy/Sell$ ValueAvg. Price# SharesTitle
Feb 28, 2024
christopher gregory l.
sold (taxes)
-1,724,990
51.17
-33,711
chairman of the board & ceo
Feb 28, 2024
sigloch steffen
sold (taxes)
-415,756
51.17
-8,125
chief manufacturing officer
Feb 28, 2024
martin jeffrey andrew
sold (taxes)
-249,454
51.17
-4,875
evp, cfo & treasurer
Feb 28, 2024
miritello christopher john
sold (taxes)
-95,687
51.17
-1,870
evp, gen. counsel, secretary
Feb 12, 2024
goldman scott jay
acquired
114,940
11.755
9,778
-
Feb 12, 2024
goldman scott jay
sold (taxes)
-114,919
49.77
-2,309
-
Feb 08, 2024
hansen john b
sold
-246,650
49.33
-5,000
-
Feb 08, 2024
martin jeffrey andrew
sold
-2,328,590
49.251
-47,280
evp, cfo & treasurer
Jan 23, 2024
hermanson terry
acquired
398,760
16.615
24,000
-
Jan 23, 2024
hermanson terry
sold (taxes)
-398,681
47.4
-8,411
-

1–10 of 50

Which funds bought or sold MLI recently?

View All Details
Datesorted ascendingFund NameType% Chg$ Change$ Held% Portfolio
Mar 22, 2024
PNC FINANCIAL SERVICES GROUP, INC.
added
101
357,020
1,719,000
-%
Mar 21, 2024
HEALTHCARE OF ONTARIO PENSION PLAN TRUST FUND
new
-
1,508,800
1,508,800
-%
Mar 15, 2024
B. Riley Wealth Advisors, Inc.
added
103
95,169
435,862
0.01%
Mar 11, 2024
VANGUARD GROUP INC
added
100
117,738,000
579,945,000
0.01%
Mar 06, 2024
SageView Advisory Group, LLC
new
-
836,856
836,856
0.04%
Mar 04, 2024
CONGRESS ASSET MANAGEMENT CO /MA
added
100
1,941,180
9,472,350
0.07%
Mar 01, 2024
GOLDMAN SACHS GROUP INC
added
177
41,279,400
57,887,200
-%
Mar 01, 2024
READYSTATE ASSET MANAGEMENT LP
sold off
-100
-926,572
-
-%
Mar 01, 2024
Creekmur Asset Management LLC
new
-
9,430
9,430
-%
Feb 29, 2024
Tortoise Investment Management, LLC
added
100
34,816
171,532
0.02%

1–10 of 47

Are Funds Buying or Selling MLI?

Are funds buying MLI calls or puts?
Calls
Puts
No. of funds holding Calls - Puts
Net Call Options
No. of funds that own MLI
No. of Funds

Unveiling Mueller Industries Inc's Major ShareHolders

Date FiledName of FilerPercent of ClassNo. of SharesForm Type
Feb 13, 2024
vanguard group inc
10.83%
12,299,997
SC 13G/A
Jan 22, 2024
blackrock inc.
16.4%
18,628,278
SC 13G/A
Jan 12, 2024
allspring global investments holdings, llc
4.44%
5,039,933
SC 13G/A
Jan 10, 2024
first trust portfolios lp
6.24%
7,085,950
SC 13G
Jun 30, 2023
gamco investors, inc. et al
2.46%
1,400,368
SC 13D/A
Feb 15, 2023
gamco investors, inc. et al
2.90%
1,646,700
SC 13D/A
Feb 09, 2023
vanguard group inc
10.94%
6,221,492
SC 13G/A
Jan 23, 2023
blackrock inc.
15.8%
9,011,331
SC 13G/A
Jan 13, 2023
allspring global investments holdings, llc
6.23%
3,543,586
SC 13G/A
Aug 23, 2022
gamco investors, inc. et al
3.25%
1,843,500
SC 13D/A

Recent SEC filings of Mueller Industries Inc

View All Filings
Date Filed Form Type Document
Mar 01, 2024
4
Insider Trading
Mar 01, 2024
4
Insider Trading
Mar 01, 2024
4
Insider Trading
Mar 01, 2024
4
Insider Trading
Feb 28, 2024
10-K
Annual Report
Feb 26, 2024
8-K
Current Report
Feb 14, 2024
4
Insider Trading
Feb 13, 2024
SC 13G/A
Major Ownership Report
Feb 09, 2024
4
Insider Trading
Feb 09, 2024
4
Insider Trading

What is the Fair Value of MLI?

Stocks Marked 'Very Cheap' by Grufity's Fair Value Model Have Outperformed Russell 2000 Index

Small Caps and Mid Caps are mostly overlooked by investors as all the focus goes to Magnificent 7. These stocks that are not part of the beauty contest require a deeper look. However, all large cap stocks were once small caps. Grufity's Fair Value model opens up this unverse as it separates high-performing, rewarding stocks from low-performing risky stocks. <b>Russell 2000 stocks that were marked 'Very Cheap' by the model doubled in three years while the index was flat.</b>

Cheap
or
Expensive?


Returns of $10,000 invested in:

Very Cheap Stocks: $21,859
Russell 2000 Index: $10,334
Very Expensive Stocks: $8,224


Russell 2000 stocks considered 'Very Cheap' by the model greatly outperformed Russell 2000 index and the 'Very Expensive' bucket over past three years.

Russell 2000 Index
Very Expensive Stocks
Very Cheap Stocks

Peers (Alternatives to Mueller Industries Inc)

NameMkt Capsorted ascendingRevenuePrice %, 1MReturns, 1YP/EP/SRev 1-YrInc 1-Yr
LARGE-CAP
196.0B
68.0B
17.42% 85.59%
20.68
2.88
16.96% 2688.24%
186.2B
67.1B
11.25% 52.84%
18.02
2.78
12.84% 54.12%
42.5B
6.6B
5.33% 35.68%
32.33
6.43
7.26% 13.25%
41.8B
34.1B
8.95% 28.92%
49.79
1.23
21.34% -61.52%
13.2B
14.9B
9.44% 8.69%
214.07
0.89
12.31% -81.65%
MID-CAP
9.7B
6.9B
11.40% 76.40%
63.11
1.39
5.64% 109.59%
7.1B
15.5B
-2.21% 41.15%
51.56
0.46
12.59% -4.48%
6.0B
4.3B
6.34% 37.26%
32.14
1.39
19.51% -1.03%
4.2B
2.3B
2.01% 40.67%
26.24
1.81
2.90% -35.23%
2.7B
1.7B
-1.37% 17.92%
19.99
1.61
11.63% 33.59%
SMALL-CAP
1.2B
35.8M
-10.81% -61.18%
-1.26
33.91
-27.93% -23.21%
1.2B
1.4B
-14.14% -53.85%
18.98
0.86
-24.65% -34.19%
671.5M
527.6M
8.25% 16.85%
19.76
1.27
14.23% 56.70%
413.4M
135.4M
-8.75% 205.15%
-25.21
3.05
-25.90% 65.37%
218.7M
99.2M
76.27% 123.72%
-17.86
2.21
-3.69% -37.37%

Mueller Industries Inc News

Latest updates
MarketBeat • 40 hours ago
Simply Wall St • 16 Feb 2024 • 08:00 am

Mueller Industries Inc Earnings Report: Key Takeaways & Analysis

Income Statement (Last 12 Months)
(In Millions)
Income Statement (Quarterly)
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q4
Revenue-10.7%7328208979718789451,1501,0109569821,013818676619500603544609666612559
Gross Profit---23.0020.00-26.0026.0019.00-16.0015.0010.00-8.0011.0013.00-17.0015.00--
  S&GA Expenses6.0%51.0048.0056.0053.0056.0050.0049.0047.0046.0049.0044.0045.0043.0038.0034.0043.0041.0041.0040.0041.0037.00
EBITDA Margin3.2%0.26*0.25*0.25*0.24*0.23*0.22*0.23*0.21*0.18*0.16*0.13*0.12*0.11*0.12*-------
Interest Expenses210.0%1.000.000.000.000.000.000.000.000.001.002.004.004.005.005.005.006.006.007.007.006.00
Income Taxes-8.7%46.0051.0062.0061.0050.0051.0068.0054.0045.0060.0039.0022.0013.0015.0013.0014.008.008.0010.0010.008.00
Earnings Before Taxes-5.9%17818924123718620627121317223015189.0040.0065.0050.0054.0038.0041.0045.0042.0035.00
EBT Margin3.3%0.25*0.24*0.24*0.23*0.22*0.21*0.22*0.19*0.17*0.15*0.11*0.09*0.09*0.09*-------
Net Income-10.2%11913317817313915520715812617110963.0036.0043.0028.0032.0028.0029.0028.0016.0027.00
Net Income Margin1.0%0.18*0.17*0.17*0.17*0.17*0.16*0.16*0.14*0.12*0.11*0.08*0.07*0.06*0.06*-------
Free Cashflow-29.6%17424813911220731214263.0013017232.00-22.5848.0054.00-------
Balance Sheet
(In Millions)
Balance Sheet
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q4
Assets3.6%2,7592,6642,5762,4802,2422,1102,0471,9461,7291,7291,7891,6981,5291,4201,3231,4461,3711,4031,4171,4751,370
  Current Assets5.3%2,0401,9371,8521,7671,5351,4211,3361,2411,0191,0381,082987825730671774694731735785703
    Cash Equivalents19.5%1,17198077161146149921715190.0010812614912711412517298.0010394.0099.0077.00
  Inventory-2.9%380392466453449455476472430406385365315271244270292278300345330
  Net PPE2.3%385377387377380374388381386370385385377369363367363361365370371
  Goodwill0.6%152151159158158157163172171160169168168185153161153152153153150
Liabilities-2.9%401413433492428455501540472602816830728681633781709778813893806
  Current Liabilities-1.7%317323345407348375419452382380362444340253229230234247227221233
  Long Term Debt-85.8%0.001.001.001.001.001.001.001.001.00121351287287343323468379434479560490
    LT Debt, Current43.2%1.001.001.001.001.001.001.001.001.001.006.0010641.007.007.008.008.00----
    LT Debt, Non Current-85.8%0.001.001.001.001.001.001.001.001.00121351287287343323468379434479560490
Shareholder's Equity5.2%2,3372,2212,1161,9621,79129.0035.0036.0035.001,34094627.0024.002781.0028027960858883515.00
  Retained Earnings4.1%2,5942,4922,3772,2162,0601,9351,7951,6021,4581,3401,1771,0751,020989952930903881857835825
  Additional Paid-In Capital-0.5%312314310303297294291289286283285283280278282280279276281279277
Shares Outstanding0.6%11411457.0057.0011411156.0056.0011256.0056.0056.0056.0056.00-------
Minority Interest-29.1%21.0030.0027.0025.0023.0029.0035.0036.0035.0019.0028.0027.0024.0022.0020.0020.0019.0017.0016.0017.0015.00
Float---4,824---2,940---2,462---1,346---1,598--
Cashflow (Last 12 Months)
(In Thousands)
Cashflow (Quarterly)
(In Thousands)
(*) denotes actual numbers (not divided by Thousands)
Description(%) Q/Q2023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q4
Cashflow From Operations-29.6%174,276247,660139,212111,618207,031312,378141,67562,859130,220172,20131,861-22,58148,19554,096114,73128,05168,61767,94488,656-24,67345,377
  Share Based Compensation21.9%5,8634,8096,8225,6375,5477,0832,5982,5732,5942,4112,7082,1092,2382,1342,2131,9852,3892,0532,2952,0072,082
Cashflow From Investing395.1%40,963-13,87956,79051,206-225,734-2,191-15,9971,919-14,74565,462-118-21,526-14,627-73,366-5,128-32,501-13,145-7,594-4,888-14,830-20,818
Cashflow From Financing-8.9%-25,510-23,433-36,467-19,099-21,364-20,008-57,025-4,258-132,575-253,870-55,25564,978-26,0126,271-157,03084,507-61,955-50,290-87,90160,452-54,960
  Dividend Payments0.0%16,73516,73116,67316,72913,91113,90827,968-7,2917,300--5,5875,58611,168-5,5875,5875,5775,5745,654
  Buy Backs-150.0%-3,3896,77919,303--4,58529,4973,9724,864------5,574---1,76326,204

MLI Income Statement

2023-12-30
CONSOLIDATED STATEMENTS OF INCOME - USD ($)
shares in Thousands, $ in Thousands
12 Months Ended
Dec. 30, 2023
Dec. 31, 2022
Dec. 25, 2021
Income Statement [Abstract]   
Net sales$ 3,420,345$ 3,982,455$ 3,769,345
Cost of goods sold2,433,5112,864,8622,938,989
Depreciation and amortization39,95443,73145,390
Selling, general, and administrative expense208,172203,086184,052
Gain on sale of businesses(4,137)0(57,760)
Gain on sale of assets, net0(6,373)0
Impairment charges6,25802,829
Gain on insurance settlement(19,466)00
Operating income756,053877,149655,845
Interest expense(1,221)(810)(7,709)
Interest income38,2086,457353
Realized and unrealized gains on short-term investments41,8652,9180
Gain on extinguishment of NMTC liability7,53400
Redemption premium00(5,674)
Environmental expense(825)(1,298)(5,053)
Pension plan termination expense0(13,100)0
Other income, net3,6184,7153,377
Income before income taxes845,232876,031641,139
Income tax expense(220,762)(223,322)(165,858)
(Loss) income from unconsolidated affiliates, net of foreign tax(14,821)10,111(157)
Consolidated net income609,649662,820475,124
Net income attributable to noncontrolling interests(6,752)(4,504)(6,604)
Net income attributable to Mueller Industries, Inc.$ 602,897$ 658,316$ 468,520
Weighted average shares for basic earnings per share (in shares)111,420111,558112,022
Effect of dilutive stock-based awards (in shares)2,2421,5521,574
Adjusted weighted average shares for diluted earnings per share (in shares)113,662113,110113,596
Basic earnings per share (in dollars per share)$ 5.41$ 5.90$ 4.18
Diluted earnings per share (in dollars per share)5.305.824.12
Dividends per share (in dollars per share)$ 0.60$ 0.50$ 0.26

MLI Balance Sheet

2023-12-30
CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Dec. 30, 2023
Dec. 31, 2022
Current assets:  
Cash and cash equivalents$ 1,170,893$ 461,018
Short-term investments98,146217,863
Accounts receivable, less allowance for doubtful accounts of $2,830 in 2023 and $2,687 in 2022351,561380,352
Inventories380,248448,919
Other current assets39,17326,501
Total current assets2,040,0211,534,653
Property, plant, and equipment, net385,165379,950
Operating lease right-of-use assets35,17022,892
Goodwill, net151,820157,588
Intangible assets, net46,20854,785
Investment in unconsolidated affiliates83,43672,364
Other noncurrent assets17,48120,167
Total Assets2,759,3012,242,399
Current liabilities:  
Current portion of debt796811
Accounts payable120,485128,000
Accrued wages and other employee costs55,64461,915
Current portion of operating lease liabilities7,8934,942
Other current liabilities132,320152,627
Total current liabilities317,138348,295
Long-term debt, less current portion1851,218
Pension liabilities2,8324,078
Postretirement benefits other than pensions9,2308,977
Environmental reserves15,03016,380
Deferred income taxes19,13416,258
Noncurrent operating lease liabilities26,68316,880
Other noncurrent liabilities10,35316,349
Total liabilities400,585428,435
Mueller Industries, Inc. stockholders' equity:  
Preferred stock - $1.00 par value; shares authorized 5,000,000; none outstanding00
Common stock - $.01 par value; shares authorized 250,000,000 in 2023 and 100,000,000 in 2022; issued 160,366,008; outstanding 114,157,918 in 2023 and 114,003,234 in 20221,604802
Additional paid-in capital312,171297,270
Retained earnings2,594,3002,059,796
Accumulated other comprehensive loss(47,221)(64,175)
Treasury common stock, at cost(523,409)(502,779)
Total Mueller Industries, Inc. stockholders' equity2,337,4451,790,914
Noncontrolling interests21,27123,050
Total equity2,358,7161,813,964
Commitments and contingencies00
Total Liabilities and Equity$ 2,759,301$ 2,242,399
MLI
Mueller Industries, Inc. manufactures and sells copper, brass, aluminum, and plastic products in the United States, the United Kingdom, Canada, South Korea, the Middle East, China, and Mexico. It operates through three segments: Piping Systems, Industrial Metals, and Climate. The Piping Systems segment offers copper tubes, fittings, line sets, and pipe nipples; PEX plumbing and radiant systems; and plumbing-related fittings and plastic injection tooling. It also resells steel pipes, brass and plastic plumbing valves, malleable iron fittings and faucets, and plumbing specialties; and supplies water tubes. This segment sells its products to wholesalers in the plumbing and refrigeration markets, distributors to the manufactured housing and recreational vehicle industries, building material retailers, and air-conditioning original equipment manufacturers (OEMs). The Industrial Metals segment manufactures brass, bronze, and copper alloy rods; plumbing brass, valves, fittings, and gas assemblies; cold-form aluminum and copper products; machining of aluminum, steel, brass, and cast iron impacts and castings; brass and aluminum forgings; brass, aluminum, and stainless-steel valves; fluid control solutions; and gas train assembles to OEMs in the industrial, construction, HVAC, plumbing, and refrigeration markets. The Climate segment offers valves, protection devices, and brass fittings for various OEMs in the commercial HVAC and refrigeration markets; high-pressure components and accessories for the air-conditioning and refrigeration markets; coaxial heat exchangers and twisted tubes for the HVAC, geothermal, refrigeration, swimming pool heat pump, marine, ice machine, commercial boiler, and heat reclamation markets; and insulated HVAC flexible duct systems. Mueller Industries, Inc. was founded in 1917 and is headquartered in Collierville, Tennessee.
 CEO
 WEBSITEwww.muellerindustries.com
 EMPLOYEES5137

Mueller Industries Inc Frequently Asked Questions


What is the ticker symbol for Mueller Industries Inc? What does MLI stand for in stocks?

MLI is the stock ticker symbol of Mueller Industries Inc. Every public company that trades on a stock exchange gets a ticker symbol.

What is the market capital of Mueller Industries Inc (MLI)?

As of Wed Mar 27 2024, market cap of Mueller Industries Inc is 6.07 Billion. The market capitalization is calculated by multiplying the stock price with the number of shares outstanding.

What is the fair value of MLI stock?

You can check MLI's fair value in chart for subscribers.

What is the fair value of MLI stock?

You can check MLI's fair value in chart for subscribers. The fair value of Mueller Industries Inc is provided for various growth and macro-economic scenarios from very pessimiatic to very optimistic assumptions. These fair values are estimates from Grufity's Fair Value model based on company's past performance. However, past performance of Mueller Industries Inc is no guarantee of future performance. These fairvalue estimates should only be used as one of the inputs in your stock analysis. We provide model's historical fair value estimates for MLI so that you know how good or bad the model has been in the past so you can discard it if needed. There are others that provide fair values of stocks such as wallmine, finbox, gurufocus and finviz. Most provide point in time estimates. We provide a history of our models fair value estimates so that you can get a sense of it's usefulness. Otherwise this data point is of little use.

Is Mueller Industries Inc a good stock to buy?

The fair value guage provides a quick view whether MLI is over valued or under valued. Whether Mueller Industries Inc is cheap or expensive depends on the assumptions which impact Mueller Industries Inc's fair value. We provide several scenarios of inflation and growth to encompass these range of assumptions for MLI.

What is Mueller Industries Inc's Price to Earnings (PE) and Price to sales (PS) ratio?

As of Wed Mar 27 2024, MLI's PE ratio (Price to Earnings) is 10.06 and Price to Sales (PS) ratio is 1.77. The price to earnings and price to sales ratio are two most important valuation metrics for any company. PE ratio tell us the number of years of earnings investors are ready to pay for owning the company. Historically, S&P500 price to earnings ratio has fallen below 12 during periods of gloom and gone past 30 during periods of euphoria. MLI PE ratio will change depending on the future growth rate expectations of investors.

What is 5 year return on Mueller Industries Inc's stock?

In the past 10 years, Mueller Industries Inc has provided 0.07 (multiply by 100 for percentage) rate of return.