Mueller Industries, Inc. (MLI) AI Stock Analysis

NYSE: MLIAI research summary: business, growth, valuation, analysts, bull and bear case.

MLI AI stock analysis summary

AI Research

Mueller Industries, Inc. (NYSE: MLI) manufactures and distributes copper, brass, aluminum, and plastic products across industrial, plumbing, and climate markets. The company generated $4.66B in trailing twelve-month revenue with an operating margin of 21.8%. Mueller maintains a conservative capital structure, ending the quarter ended June 30, 2026, with $1.39B in net cash.

Market cap
$13.29B
Revenue (TTM)
$4.66B
P/E
15.6x
fwd 18.2x
1Y return
23.2%
S&P 500 16.8%
Avg. target
$80.00
33.2% vs last close

Bull case

  • The company holds a strong liquidity position with $1.39B in net cash and a debt-to-equity ratio of 0.01.
  • Trailing twelve-month operating margin reached 21.8%, significantly above the US-listed Industrials median of 11.7%.
  • Quarterly revenue grew 25.5% year-over-year in the period ended June 30, 2026, supporting FY2026 consensus revenue expectations of $5.07B.

Bear case

  • Historical revenue can be volatile, as demonstrated by a 14.1% contraction in FY2023 revenue to $3.42B.
  • The stock has beaten EPS consensus estimates in only 1 of the last 4 reported quarters.
  • Earnings growth moderated in the latest quarter ended June 30, 2026, slowing to 1.8% year-over-year.

What Mueller Industries does

Mueller Industries, Inc. is a manufacturer and distributor of copper, brass, aluminum, and plastic products with global operations spanning the United States, the United Kingdom, Canada, South Korea, the Middle East, China, and Mexico. The company operates through three segments: Piping Systems, Industrial Metals, and Climate. Piping Systems produces copper tubes, fittings, line sets, pipe nipples, and PEX plumbing systems for plumbing, refrigeration, manufactured housing, and air-conditioning markets. Industrial Metals manufactures brass, bronze, and copper alloy rods, forgings, and machined impacts for industrial and construction OEMs. The Climate segment supplies valves, protection devices, heat exchangers, and brass fittings to commercial HVAC and refrigeration OEMs.

Growth and profitability

Mueller grew revenue at an 11.7% CAGR from FY2020 to FY2025. In FY2025, revenue reached $4.18B, up 10.9% year-over-year, while net income rose to $765.2M with an 18.3% net margin and EPS of $3.25. This followed FY2024 revenue of $3.77B and FY2023 revenue of $3.42B, which had declined 14.1%. In the trailing twelve months, revenue reached $4.66B with a profit margin of 18.2% and EPS of $3.84. In the latest quarter ended June 30, 2026, quarterly revenue growth accelerated to 25.5% year-over-year, while quarterly earnings grew 1.8%.

MLI income statement →

Balance sheet and cash flow

As of June 30, 2026, Mueller held $1.42B in cash and short-term investments against total debt of $24.7M, resulting in a net cash position of $1.39B. Shareholders' equity stood at $3.55B, giving a debt-to-equity ratio of 0.01 and a current ratio of 4.78. In FY2025, operating cash flow was $755.4M and free cash flow reached $686.6M. Cash deployment in FY2025 included $68.8M for capital expenditures, $243.6M for share buybacks, and $109.0M for dividends paid.

MLI balance sheet →

Valuation and performance

Mueller trades at a trailing P/E of 15.6x, below the 24.8x median of its US-listed Industrials peers. Its forward P/E of 18.2x compares to the peer median of 17.2x, while EV/EBITDA is 10.1x versus the peer median of 13.9x. The company's price-to-sales multiple is 2.9x, compared to the peer median of 1.5x. Over the past year, MLI shares returned 23.2%, outperforming the S&P 500 return of 16.8%. Over five years, the stock returned 492.8% against 83.0% for the index.

MLI key metrics →

MLI dividend

Mueller pays an annualized forward dividend of $0.70 per share, representing a 1.17% dividend yield and a payout ratio of 17.9%. The company has paid dividends for 23 consecutive years, with an annualized 5-year dividend growth rate of 38.0%. Dividends are distributed quarterly, and the most recent ex-dividend date was September 4, 2026.

MLI dividend history →

What analysts expect

Wall Street coverage includes 2 Strong Buy ratings and no Buy, Hold, or Sell ratings. The mean price target is $80.00, representing a 33.2% premium over the last close of $60.07. For the fiscal year ending December 31, 2026, consensus estimates project revenue of $5.07B and EPS of $4.35, representing 37.2% EPS growth. Over the last 4 quarters, the company beat EPS estimates 1 time. The next earnings date is October 20, 2026.

MLI forecast and price target →

Key risks and what to watch

  • Exposure to cyclical end markets led to past top-line contractions, including a 14.1% revenue decline in FY2023.
  • Growth expectations are high, with consensus modeling 37.2% EPS growth in FY2026 despite only 1 beat in the last 4 quarters.
  • The stock trades 3.5% below its 200-day moving average and at a price-to-sales ratio of 2.9x compared to the sector peer median of 1.5x.

AI-generated research summary. Written with AI from Quotelinks data as of October 16, 2026 and checked so every figure matches that data. For information only, not investment advice. Disclaimer

About this MLI AI stock analysis

This page is an AI-written research summary of Mueller Industries, Inc. (MLI). The text was generated on October 30, 2026 from Quotelinks data as of October 16, 2026 (company profile, annual results, latest balance sheet, valuation, price performance and analyst estimates). An automatic check rejects any draft that contains a figure not found in that data. It is not investment advice; verify figures on the linked tabs before making decisions.

Related: MLI income statement, MLI balance sheet, MLI key metrics, MLI analyst forecast, MLI chart. See the MLI stock overview for the latest quote and news.

MLI AI stock analysis FAQ

What is Mueller Industries' dividend yield and payout history?

Mueller Industries pays a forward dividend of $0.70 per share, which equates to a 1.17% yield. It has paid dividends for 23 consecutive years and maintains a payout ratio of 17.9%.

How strong is Mueller Industries' balance sheet?

As of June 30, 2026, Mueller held $1.42B in cash and short-term investments against $24.7M in total debt, leaving $1.39B in net cash. Its current ratio is 4.78 and debt-to-equity is 0.01.

What are analysts forecasting for Mueller Industries' earnings?

For the fiscal year ending December 31, 2026, analysts estimate EPS of $4.35 on revenue of $5.07B, reflecting projected EPS growth of 37.2%.

When is Mueller Industries reporting earnings next?

Mueller Industries' next earnings date is scheduled for October 20, 2026.

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