Mueller Industries, Inc. (MLI) quarterly income statement — complete revenue, gross profit & net income history
| Metric | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 | Q3'21 | Q2'21 |
|---|
| Sales/Revenue | 1.19B | 962.38M | 1.08B | 1.14B | 1B | 923.54M | 997.83M | 997.75M | 849.65M | 732.38M | 819.79M | 896.98M | 971.19M | 877.58M | 944.83M | 1.15B | 1.01B | 956.36M | 982.25M | 1.01B |
| Revenue Growth % | 19.28% | 4.21% | 8.02% | 14.07% | 17.71% | 26.1% | 21.72% | 11.23% | -12.51% | -16.55% | -13.23% | -22% | -3.84% | -8.24% | -3.81% | 13.57% | 23.45% | 41.5% | 58.66% | 102.45% |
| Cost of Goods Sold | 851.21M | 754.44M | 766.83M | 785.19M | 728.18M | 668.17M | 722.47M | 724.99M | 608.7M | 536.38M | 579.06M | 639.27M | 678.8M | 620.8M | 678.64M | 820.91M | 744.51M | 726.59M | 744.26M | 799.71M |
| COGS % of Revenue | 71.35% | 78.39% | 71.15% | 68.99% | 72.81% | 72.35% | 72.4% | 72.66% | 71.64% | 73.24% | 70.63% | 71.27% | 69.89% | 70.74% | 71.83% | 71.38% | 73.71% | 75.98% | 75.77% | 78.98% |
| Gross Profit | 341.79M | 207.95M | 311M | 352.98M | 271.98M | 255.37M | 275.36M | 272.75M | 240.95M | 195.99M | 240.73M | 257.71M | 292.39M | 256.78M | 266.19M | 329.13M | 265.49M | 229.76M | 237.98M | 212.88M |
| Gross Margin % | 28.65% | 21.61% | 28.85% | 31.01% | 27.19% | 27.65% | 27.6% | 27.34% | 28.36% | 26.76% | 29.37% | 28.73% | 30.11% | 29.26% | 28.17% | 28.62% | 26.29% | 24.02% | 24.23% | 21.02% |
| Gross Profit Growth % | 25.67% | -18.57% | 12.94% | 29.41% | 12.88% | 30.29% | 14.38% | 5.84% | -17.59% | -23.67% | -9.56% | -21.7% | 10.13% | 11.76% | 11.85% | 54.61% | 77.31% | 87.8% | 101.13% | 119.44% |
| Operating Expenses | 29.56M | 72.47M | 61.66M | 48.81M | 65.72M | 85.11M | 68.66M | 62.75M | 57.53M | 60.76M | 59.72M | 47.01M | 63.29M | 66.37M | 61.03M | 60.26M | 52.79M | 57.62M | 4.63M | 55.07M |
| OpEx % of Revenue | 2.48% | 7.53% | 5.72% | 4.29% | 6.57% | 9.22% | 6.88% | 6.29% | 6.77% | 8.3% | 7.29% | 5.24% | 6.52% | 7.56% | 6.46% | 5.24% | 5.23% | 6.03% | 0.47% | 5.44% |
| Selling, General & Admin | 66.78M | 56.41M | 61.66M | 67.52M | 63.06M | 64.7M | 59.62M | 52.73M | 48.36M | 51.18M | 48.3M | 56.06M | 52.63M | 56.5M | 50.18M | 48.96M | 47.46M | 46.16M | 48.52M | 43.93M |
| SG&A % of Revenue | 5.6% | 5.86% | 5.72% | 5.93% | 6.3% | 7.01% | 5.97% | 5.29% | 5.69% | 6.99% | 5.89% | 6.25% | 5.42% | 6.44% | 5.31% | 4.26% | 4.7% | 4.83% | 4.94% | 4.34% |
| Research & Development | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| R&D % of Revenue | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Other Operating Expenses | -1000K | 1000K | 0 | -1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | -1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | -1000K | 1000K |
| Operating Income | 312.23M | 135.48M | 249.34M | 304.17M | 206.26M | 170.26M | 206.7M | 210.01M | 183.43M | 135.24M | 181.01M | 210.7M | 229.11M | 190.41M | 205.16M | 268.87M | 212.7M | 172.14M | 233.35M | 157.81M |
| Operating Margin % | 26.17% | 14.08% | 23.13% | 26.72% | 20.62% | 18.44% | 20.71% | 21.05% | 21.59% | 18.47% | 22.08% | 23.49% | 23.59% | 21.7% | 21.71% | 23.38% | 21.06% | 18% | 23.76% | 15.59% |
| Operating Income Growth % | 51.37% | -20.42% | 20.63% | 44.84% | 12.45% | 25.9% | 14.19% | -0.33% | -19.94% | -28.98% | -11.77% | -21.63% | 7.71% | 10.61% | -12.08% | 70.37% | 129.85% | 164.82% | 237.08% | 201.77% |
| EBITDA | 328.88M | 152.41M | 265.95M | 322.07M | 223.38M | 192.49M | 218.49M | 220.1M | 192.68M | 144.14M | 190.81M | 221.21M | 239.85M | 200.88M | 216.1M | 280.26M | 223.63M | 183.6M | 244.31M | 169.01M |
| EBITDA Margin % | 27.57% | 15.84% | 24.67% | 28.3% | 22.33% | 20.84% | 21.9% | 22.06% | 22.68% | 19.68% | 23.28% | 24.66% | 24.7% | 22.89% | 22.87% | 24.37% | 22.14% | 19.2% | 24.87% | 16.69% |
| EBITDA Growth % | 47.23% | -20.82% | 21.72% | 46.33% | 15.94% | 33.55% | 14.51% | -0.5% | -19.67% | -28.25% | -11.7% | -21.07% | 7.25% | 9.41% | -11.54% | 65.82% | 114.38% | 139.31% | 205.16% | 166.28% |
| D&A (Non-Cash Add-back) | 16.65M | 16.93M | 16.61M | 17.91M | 17.12M | 22.24M | 11.79M | 10.1M | 9.25M | 8.9M | 9.8M | 10.51M | 10.75M | 10.47M | 10.94M | 11.39M | 10.93M | 11.46M | 10.96M | 11.2M |
| EBIT | 312.23M | 198.29M | 284.16M | 324.46M | 211.25M | 178.29M | 217.89M | 223.03M | 201.66M | 178.59M | 189.19M | 241.09M | 237.58M | 186.09M | 206.19M | 271.07M | 213.48M | 172.11M | 230.8M | 152.82M |
| Net Interest Income | 11.87M | 12.06M | 10.82M | 8.21M | 9.88M | 10.62M | 11.03M | 14.28M | 17.13M | 12.93M | 10.37M | 7.6M | 6.09M | 6.31M | 995K | -44K | 2K | 95K | -1.12M | -1.87M |
| Interest Income | 11.87M | 12.12M | 10.82M | 8.22M | 9.9M | 10.7M | 11.14M | 14.38M | 17.25M | 13.64M | 10.6M | 7.73M | 6.24M | 6.46M | 1.36M | 103K | 160K | 353K | 0 | 0 |
| Interest Expense | 0 | 60K | 6K | 17K | 25K | 75K | 113K | 107K | 115K | 713K | 230K | 135K | 143K | 144K | 361K | 147K | 158K | 258K | 1.12M | 1.87M |
| Other Income/Expense | 8.6M | 62.75M | 34.81M | 23.17M | 4.5M | 16.02M | 14.27M | 11.82M | 10.12M | 30.5M | 5.54M | 30.26M | 8.33M | -380K | 669K | 6.94M | 622K | -293K | -865K | -7.88M |
| Pretax Income | 320.83M | 198.23M | 284.15M | 327.34M | 210.76M | 186.27M | 220.97M | 221.83M | 193.54M | 165.74M | 186.55M | 240.96M | 237.43M | 190.03M | 205.83M | 275.81M | 213.32M | 171.85M | 232.49M | 149.94M |
| Pretax Margin % | 26.89% | 20.6% | 26.36% | 28.76% | 21.07% | 20.17% | 22.15% | 22.23% | 22.78% | 22.63% | 22.76% | 26.86% | 24.45% | 21.65% | 21.79% | 23.98% | 21.12% | 17.97% | 23.67% | 14.81% |
| Income Tax | 79.56M | 42.66M | 73.9M | 78.86M | 51.48M | 45.67M | 49.19M | 58.38M | 51.83M | 46.44M | 50.84M | 61.41M | 62.34M | 49.8M | 50.02M | 68.29M | 54.2M | 45.15M | 60.23M | 39.01M |
| Effective Tax Rate % | 24.8% | 21.52% | 26.01% | 24.09% | 24.42% | 24.52% | 22.26% | 26.32% | 26.78% | 28.02% | 27.25% | 25.48% | 26.26% | 26.2% | 24.3% | 24.76% | 25.41% | 26.27% | 25.91% | 26.01% |
| Net Income | 239.02M | 153.71M | 208.12M | 245.92M | 157.43M | 137.65M | 168.7M | 160.16M | 138.36M | 119.24M | 132.71M | 177.71M | 173.24M | 138.91M | 154.54M | 206.55M | 158.32M | 125.6M | 170.98M | 108.83M |
| Net Margin % | 20.04% | 15.97% | 19.31% | 21.61% | 15.74% | 14.9% | 16.91% | 16.05% | 16.28% | 16.28% | 16.19% | 19.81% | 17.84% | 15.83% | 16.36% | 17.96% | 15.67% | 13.13% | 17.41% | 10.75% |
| Net Income Growth % | 51.82% | 11.67% | 23.37% | 53.54% | 13.78% | 15.44% | 27.12% | -9.87% | -20.13% | -14.16% | -14.13% | -13.96% | 9.43% | 10.59% | -9.61% | 89.79% | 150.87% | 244.87% | 300.4% | 289.3% |
| Net Income (Continuing) | 241.27M | 155.57M | 210.25M | 248.48M | 159.29M | 140.6M | 171.78M | 163.45M | 141.71M | 119.3M | 135.71M | 179.55M | 175.09M | 140.24M | 155.81M | 207.52M | 159.25M | 126.7M | 172.26M | 110.93M |
| Discontinued Operations | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Minority Interest | 26.38M | 25.94M | 25.65M | 24.06M | 20.66M | 31.24M | 30.25M | 26.75M | 24M | 21.27M | 29.99M | 26.71M | 25.16M | 23.05M | 29.41M | 35.16M | 35.74M | 34.84M | 18.67M | 28.2M |
| EPS (Diluted) | 2.16 | 1.38 | 1.88 | 2.22 | 1.39 | 1.21 | 1.48 | 1.41 | 1.21 | 1.05 | 1.17 | 1.56 | 1.54 | 1.23 | 1.39 | 1.83 | 1.39 | 1.11 | 1.51 | 0.96 |
| EPS Growth % | 55.4% | 14.05% | 27.03% | 57.45% | 14.88% | 15.24% | 26.5% | -9.62% | -21.43% | -14.63% | -15.83% | -14.75% | 10.79% | 10.81% | -7.95% | 90.63% | 148.21% | 246.88% | 297.37% | 284% |
| EPS (Basic) | 2.19 | 1.41 | 1.90 | 2.26 | 1.42 | 1.23 | 1.51 | 1.44 | 1.24 | 1.07 | 1.19 | 1.60 | 1.56 | 1.25 | 1.39 | 1.85 | 1.41 | 1.12 | 1.53 | 0.98 |
| Diluted Shares Outstanding | 110.91M | 110.93M | 110.93M | 110.94M | 113.96M | 113.96M | 113.78M | 113.98M | 114.14M | 113.98M | 113.87M | 114M | 112.8M | 112.72M | 112.85M | 113.06M | 113.82M | 113.8M | 113.62M | 113.62M |
| Basic Shares Outstanding | 109.09M | 109.11M | 109.11M | 108.75M | 111.55M | 111.55M | 111.36M | 111.22M | 111.42M | 111.56M | 111.42M | 111.32M | 111.39M | 111.28M | 111.18M | 111.57M | 112.2M | 113.68M | 113.61M | 113.37M |
| Dividend Payout Ratio | 15.92% | 17.78% | 13.13% | 11.03% | 17.32% | 16.21% | 13.22% | 13.88% | 16.08% | 14.04% | 12.61% | 9.38% | 9.66% | 10.01% | 9% | 13.54% | - | 5.8% | 4.27% | 13.37% |