MLI RSI Chart
Last 7 days
3.0%
Last 30 days
8.7%
Last 90 days
14.0%
Trailing 12 Months
-26.9%
Historical Charts for Stock Metrics
Year | Q1 | Q2 | Q3 | Q4 |
---|---|---|---|---|
2023 | 3.9B | 3.7B | 3.6B | 3.4B |
2022 | 4.0B | 4.1B | 4.1B | 4.0B |
2021 | 2.6B | 3.1B | 3.5B | 3.8B |
2020 | 2.4B | 2.3B | 2.3B | 2.4B |
2019 | 2.5B | 2.5B | 2.4B | 2.4B |
2018 | 2.3B | 2.4B | 2.5B | 2.5B |
2017 | 2.1B | 2.2B | 2.2B | 2.3B |
2016 | 2.1B | 2.1B | 2.1B | 2.1B |
2015 | 2.3B | 2.2B | 2.2B | 2.1B |
2014 | 2.2B | 2.2B | 2.3B | 2.4B |
2013 | 2.2B | 2.2B | 156.3M | 2.2B |
2012 | 2.3B | 2.2B | 2.2B | 2.2B |
2011 | 2.3B | 2.4B | 2.5B | 2.4B |
2010 | 1.7B | 1.9B | 2.0B | 2.1B |
2009 | 0 | 2.2B | 1.9B | 1.5B |
2008 | 0 | 0 | 0 | 2.6B |
Datesorted ascending | Name | Buy/Sell | $ Value | Avg. Price | # Shares | Title |
---|---|---|---|---|---|---|
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 | - |
Which funds bought or sold MLI recently?
View All DetailsDatesorted ascending | Fund Name | Type | % 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% |
Unveiling Mueller Industries Inc's Major ShareHolders
Date Filed | Name of Filer | Percent of Class | No. of Shares | Form Type | |
---|---|---|---|---|---|
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>
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.
Peers (Alternatives to Mueller Industries Inc)
Name | Mkt Capsorted ascending | Revenue | Price %, 1M | Returns, 1Y | P/E | P/S | Rev 1-Yr | Inc 1-Yr |
---|---|---|---|---|---|---|---|---|
LARGE-CAP | ||||||||
GE | 196.0B | 68.0B | 20.68 | 2.88 | ||||
CAT | 186.2B | 67.1B | 18.02 | 2.78 | ||||
AME | 42.5B | 6.6B | 32.33 | 6.43 | ||||
CMI | 41.8B | 34.1B | 49.79 | 1.23 | ||||
ACM | 13.2B | 14.9B | 214.07 | 0.89 | ||||
MID-CAP | ||||||||
APG | 9.7B | 6.9B | 63.11 | 1.39 | ||||
FLR | 7.1B | 15.5B | 51.56 | 0.46 | ||||
FLS | 6.0B | 4.3B | 32.14 | 1.39 | ||||
ACA | 4.2B | 2.3B | 26.24 | 1.81 | ||||
ALG | 2.7B | 1.7B | 19.99 | 1.61 | ||||
SMALL-CAP | ||||||||
NKLA | 1.2B | 35.8M | -1.26 | 33.91 | ||||
AMRC | 1.2B | 1.4B | 18.98 | 0.86 | ||||
AGX | 671.5M | 527.6M | 19.76 | 1.27 | ||||
AMSC | 413.4M | 135.4M | -25.21 | 3.05 | ||||
ADES | 218.7M | 99.2M | -17.86 | 2.21 |
Mueller Industries Inc News
Income Statement (Quarterly) | ||||||||||||||||||||||
Description | (%) Q/Q | 2023Q4 | 2023Q3 | 2023Q2 | 2023Q1 | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 | 2021Q3 | 2021Q2 | 2021Q1 | 2020Q4 | 2020Q3 | 2020Q2 | 2020Q1 | 2019Q4 | 2019Q3 | 2019Q2 | 2019Q1 | 2018Q4 |
Revenue | -10.7% | 732 | 820 | 897 | 971 | 878 | 945 | 1,150 | 1,010 | 956 | 982 | 1,013 | 818 | 676 | 619 | 500 | 603 | 544 | 609 | 666 | 612 | 559 |
Gross Profit | - | - | - | 23.00 | 20.00 | - | 26.00 | 26.00 | 19.00 | - | 16.00 | 15.00 | 10.00 | - | 8.00 | 11.00 | 13.00 | - | 17.00 | 15.00 | - | - |
S&GA Expenses | 6.0% | 51.00 | 48.00 | 56.00 | 53.00 | 56.00 | 50.00 | 49.00 | 47.00 | 46.00 | 49.00 | 44.00 | 45.00 | 43.00 | 38.00 | 34.00 | 43.00 | 41.00 | 41.00 | 40.00 | 41.00 | 37.00 |
EBITDA Margin | 3.2% | 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 Expenses | 210.0% | 1.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 1.00 | 2.00 | 4.00 | 4.00 | 5.00 | 5.00 | 5.00 | 6.00 | 6.00 | 7.00 | 7.00 | 6.00 |
Income Taxes | -8.7% | 46.00 | 51.00 | 62.00 | 61.00 | 50.00 | 51.00 | 68.00 | 54.00 | 45.00 | 60.00 | 39.00 | 22.00 | 13.00 | 15.00 | 13.00 | 14.00 | 8.00 | 8.00 | 10.00 | 10.00 | 8.00 |
Earnings Before Taxes | -5.9% | 178 | 189 | 241 | 237 | 186 | 206 | 271 | 213 | 172 | 230 | 151 | 89.00 | 40.00 | 65.00 | 50.00 | 54.00 | 38.00 | 41.00 | 45.00 | 42.00 | 35.00 |
EBT Margin | 3.3% | 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% | 119 | 133 | 178 | 173 | 139 | 155 | 207 | 158 | 126 | 171 | 109 | 63.00 | 36.00 | 43.00 | 28.00 | 32.00 | 28.00 | 29.00 | 28.00 | 16.00 | 27.00 |
Net Income Margin | 1.0% | 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% | 174 | 248 | 139 | 112 | 207 | 312 | 142 | 63.00 | 130 | 172 | 32.00 | -22.58 | 48.00 | 54.00 | - | - | - | - | - | - | - |
Balance Sheet | ||||||||||||||||||||||
Description | (%) Q/Q | 2023Q4 | 2023Q3 | 2023Q2 | 2023Q1 | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 | 2021Q3 | 2021Q2 | 2021Q1 | 2020Q4 | 2020Q3 | 2020Q2 | 2020Q1 | 2019Q4 | 2019Q3 | 2019Q2 | 2019Q1 | 2018Q4 |
Assets | 3.6% | 2,759 | 2,664 | 2,576 | 2,480 | 2,242 | 2,110 | 2,047 | 1,946 | 1,729 | 1,729 | 1,789 | 1,698 | 1,529 | 1,420 | 1,323 | 1,446 | 1,371 | 1,403 | 1,417 | 1,475 | 1,370 |
Current Assets | 5.3% | 2,040 | 1,937 | 1,852 | 1,767 | 1,535 | 1,421 | 1,336 | 1,241 | 1,019 | 1,038 | 1,082 | 987 | 825 | 730 | 671 | 774 | 694 | 731 | 735 | 785 | 703 |
Cash Equivalents | 19.5% | 1,171 | 980 | 771 | 611 | 461 | 499 | 217 | 151 | 90.00 | 108 | 126 | 149 | 127 | 114 | 125 | 172 | 98.00 | 103 | 94.00 | 99.00 | 77.00 |
Inventory | -2.9% | 380 | 392 | 466 | 453 | 449 | 455 | 476 | 472 | 430 | 406 | 385 | 365 | 315 | 271 | 244 | 270 | 292 | 278 | 300 | 345 | 330 |
Net PPE | 2.3% | 385 | 377 | 387 | 377 | 380 | 374 | 388 | 381 | 386 | 370 | 385 | 385 | 377 | 369 | 363 | 367 | 363 | 361 | 365 | 370 | 371 |
Goodwill | 0.6% | 152 | 151 | 159 | 158 | 158 | 157 | 163 | 172 | 171 | 160 | 169 | 168 | 168 | 185 | 153 | 161 | 153 | 152 | 153 | 153 | 150 |
Liabilities | -2.9% | 401 | 413 | 433 | 492 | 428 | 455 | 501 | 540 | 472 | 602 | 816 | 830 | 728 | 681 | 633 | 781 | 709 | 778 | 813 | 893 | 806 |
Current Liabilities | -1.7% | 317 | 323 | 345 | 407 | 348 | 375 | 419 | 452 | 382 | 380 | 362 | 444 | 340 | 253 | 229 | 230 | 234 | 247 | 227 | 221 | 233 |
Long Term Debt | -85.8% | 0.00 | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | 121 | 351 | 287 | 287 | 343 | 323 | 468 | 379 | 434 | 479 | 560 | 490 |
LT Debt, Current | 43.2% | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | 6.00 | 106 | 41.00 | 7.00 | 7.00 | 8.00 | 8.00 | - | - | - | - |
LT Debt, Non Current | -85.8% | 0.00 | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | 121 | 351 | 287 | 287 | 343 | 323 | 468 | 379 | 434 | 479 | 560 | 490 |
Shareholder's Equity | 5.2% | 2,337 | 2,221 | 2,116 | 1,962 | 1,791 | 29.00 | 35.00 | 36.00 | 35.00 | 1,340 | 946 | 27.00 | 24.00 | 278 | 1.00 | 280 | 279 | 608 | 588 | 835 | 15.00 |
Retained Earnings | 4.1% | 2,594 | 2,492 | 2,377 | 2,216 | 2,060 | 1,935 | 1,795 | 1,602 | 1,458 | 1,340 | 1,177 | 1,075 | 1,020 | 989 | 952 | 930 | 903 | 881 | 857 | 835 | 825 |
Additional Paid-In Capital | -0.5% | 312 | 314 | 310 | 303 | 297 | 294 | 291 | 289 | 286 | 283 | 285 | 283 | 280 | 278 | 282 | 280 | 279 | 276 | 281 | 279 | 277 |
Shares Outstanding | 0.6% | 114 | 114 | 57.00 | 57.00 | 114 | 111 | 56.00 | 56.00 | 112 | 56.00 | 56.00 | 56.00 | 56.00 | 56.00 | - | - | - | - | - | - | - |
Minority Interest | -29.1% | 21.00 | 30.00 | 27.00 | 25.00 | 23.00 | 29.00 | 35.00 | 36.00 | 35.00 | 19.00 | 28.00 | 27.00 | 24.00 | 22.00 | 20.00 | 20.00 | 19.00 | 17.00 | 16.00 | 17.00 | 15.00 |
Float | - | - | - | 4,824 | - | - | - | 2,940 | - | - | - | 2,462 | - | - | - | 1,346 | - | - | - | 1,598 | - | - |
Cashflow (Quarterly) | ||||||||||||||||||||||
Description | (%) Q/Q | 2023Q4 | 2023Q3 | 2023Q2 | 2023Q1 | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 | 2021Q3 | 2021Q2 | 2021Q1 | 2020Q4 | 2020Q3 | 2020Q2 | 2020Q1 | 2019Q4 | 2019Q3 | 2019Q2 | 2019Q1 | 2018Q4 |
Cashflow From Operations | -29.6% | 174,276 | 247,660 | 139,212 | 111,618 | 207,031 | 312,378 | 141,675 | 62,859 | 130,220 | 172,201 | 31,861 | -22,581 | 48,195 | 54,096 | 114,731 | 28,051 | 68,617 | 67,944 | 88,656 | -24,673 | 45,377 |
Share Based Compensation | 21.9% | 5,863 | 4,809 | 6,822 | 5,637 | 5,547 | 7,083 | 2,598 | 2,573 | 2,594 | 2,411 | 2,708 | 2,109 | 2,238 | 2,134 | 2,213 | 1,985 | 2,389 | 2,053 | 2,295 | 2,007 | 2,082 |
Cashflow From Investing | 395.1% | 40,963 | -13,879 | 56,790 | 51,206 | -225,734 | -2,191 | -15,997 | 1,919 | -14,745 | 65,462 | -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 | -55,255 | 64,978 | -26,012 | 6,271 | -157,030 | 84,507 | -61,955 | -50,290 | -87,901 | 60,452 | -54,960 |
Dividend Payments | 0.0% | 16,735 | 16,731 | 16,673 | 16,729 | 13,911 | 13,908 | 27,968 | - | 7,291 | 7,300 | - | - | 5,587 | 5,586 | 11,168 | - | 5,587 | 5,587 | 5,577 | 5,574 | 5,654 |
Buy Backs | -150.0% | -3,389 | 6,779 | 19,303 | - | - | 4,585 | 29,497 | 3,972 | 4,864 | - | - | - | - | - | - | 5,574 | - | - | - | 1,763 | 26,204 |
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 sold | 2,433,511 | 2,864,862 | 2,938,989 |
Depreciation and amortization | 39,954 | 43,731 | 45,390 |
Selling, general, and administrative expense | 208,172 | 203,086 | 184,052 |
Gain on sale of businesses | (4,137) | 0 | (57,760) |
Gain on sale of assets, net | 0 | (6,373) | 0 |
Impairment charges | 6,258 | 0 | 2,829 |
Gain on insurance settlement | (19,466) | 0 | 0 |
Operating income | 756,053 | 877,149 | 655,845 |
Interest expense | (1,221) | (810) | (7,709) |
Interest income | 38,208 | 6,457 | 353 |
Realized and unrealized gains on short-term investments | 41,865 | 2,918 | 0 |
Gain on extinguishment of NMTC liability | 7,534 | 0 | 0 |
Redemption premium | 0 | 0 | (5,674) |
Environmental expense | (825) | (1,298) | (5,053) |
Pension plan termination expense | 0 | (13,100) | 0 |
Other income, net | 3,618 | 4,715 | 3,377 |
Income before income taxes | 845,232 | 876,031 | 641,139 |
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 income | 609,649 | 662,820 | 475,124 |
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) | 111,420 | 111,558 | 112,022 |
Effect of dilutive stock-based awards (in shares) | 2,242 | 1,552 | 1,574 |
Adjusted weighted average shares for diluted earnings per share (in shares) | 113,662 | 113,110 | 113,596 |
Basic earnings per share (in dollars per share) | $ 5.41 | $ 5.90 | $ 4.18 |
Diluted earnings per share (in dollars per share) | 5.30 | 5.82 | 4.12 |
Dividends per share (in dollars per share) | $ 0.60 | $ 0.50 | $ 0.26 |
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 investments | 98,146 | 217,863 |
Accounts receivable, less allowance for doubtful accounts of $2,830 in 2023 and $2,687 in 2022 | 351,561 | 380,352 |
Inventories | 380,248 | 448,919 |
Other current assets | 39,173 | 26,501 |
Total current assets | 2,040,021 | 1,534,653 |
Property, plant, and equipment, net | 385,165 | 379,950 |
Operating lease right-of-use assets | 35,170 | 22,892 |
Goodwill, net | 151,820 | 157,588 |
Intangible assets, net | 46,208 | 54,785 |
Investment in unconsolidated affiliates | 83,436 | 72,364 |
Other noncurrent assets | 17,481 | 20,167 |
Total Assets | 2,759,301 | 2,242,399 |
Current liabilities: | ||
Current portion of debt | 796 | 811 |
Accounts payable | 120,485 | 128,000 |
Accrued wages and other employee costs | 55,644 | 61,915 |
Current portion of operating lease liabilities | 7,893 | 4,942 |
Other current liabilities | 132,320 | 152,627 |
Total current liabilities | 317,138 | 348,295 |
Long-term debt, less current portion | 185 | 1,218 |
Pension liabilities | 2,832 | 4,078 |
Postretirement benefits other than pensions | 9,230 | 8,977 |
Environmental reserves | 15,030 | 16,380 |
Deferred income taxes | 19,134 | 16,258 |
Noncurrent operating lease liabilities | 26,683 | 16,880 |
Other noncurrent liabilities | 10,353 | 16,349 |
Total liabilities | 400,585 | 428,435 |
Mueller Industries, Inc. stockholders' equity: | ||
Preferred stock - $1.00 par value; shares authorized 5,000,000; none outstanding | 0 | 0 |
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 2022 | 1,604 | 802 |
Additional paid-in capital | 312,171 | 297,270 |
Retained earnings | 2,594,300 | 2,059,796 |
Accumulated other comprehensive loss | (47,221) | (64,175) |
Treasury common stock, at cost | (523,409) | (502,779) |
Total Mueller Industries, Inc. stockholders' equity | 2,337,445 | 1,790,914 |
Noncontrolling interests | 21,271 | 23,050 |
Total equity | 2,358,716 | 1,813,964 |
Commitments and contingencies | 0 | 0 |
Total Liabilities and Equity | $ 2,759,301 | $ 2,242,399 |