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Mueller Industries Inc. (MLI) Stock Fundamental Analysis & AI Rating 2026

MLI NYSE Rolling Drawing & Extruding of Nonferrous Metals DE CIK: 0000089439
Updated This Month • Analysis: Apr 2, 2026 • SEC Data: 2025-12-27
📅 Next earnings: Apr 28, 2026 (in 12 days) • TBD ET • All earnings →
Combined AI Rating
BUY
85% Confidence
AGREEMENT
STRONG BUY
92% Conf
BUY
78% Conf

📊 MLI Key Takeaways

Revenue: $4.2B
Net Margin: 18.3%
Free Cash Flow: $686.6M
Current Ratio: 5.92x
Debt/Equity: 0.00x
EPS: $6.86
AI Rating: STRONG BUY with 92% confidence
Mueller Industries Inc. (MLI) receives a BUY rating with 85% confidence from our AI fundamental analysis based on SEC 10-K filings. With revenue of $4.2B, net profit margin of 18.3%, and return on equity (ROE) of 23.8%, Mueller Industries Inc. demonstrates strong fundamentals in the Materials sector. Below is our complete MLI stock analysis for 2026.

Is Mueller Industries Inc. (MLI) a Good Investment?

Claude

Mueller Industries demonstrates exceptional financial health with fortress-like liquidity (5.92x current ratio, $1.4B cash, zero long-term debt) and exceptional profitability (23.8% ROE, 20.5% ROA, 18.3% net margin). Strong revenue growth (+10.9% YoY) combined with outstanding free cash flow generation ($686.6M, 16.4% FCF margin) and improving EPS (+29.2% YoY) indicates both operational excellence and effective capital allocation.

ChatGPT

Mueller Industries exhibits outstanding financial strength with a debt‑free balance sheet, abundant liquidity, high ROE/ROA, and strong free cash flow generation, supporting resilience through cycles. Solid revenue growth and cash conversion underpin quality fundamentals, though the unusually high operating margin relative to gross margin suggests non‑recurring or non‑core drivers that may normalize.

Why Buy Mueller Industries Inc. Stock? MLI Key Strengths

Claude
  • + Pristine balance sheet with zero long-term debt and $1.4B cash providing strategic flexibility
  • + Outstanding profitability with 22.9% operating margin and 18.3% net margin, well above manufacturing peers
  • + Strong free cash flow generation ($686.6M) covering capex 10x over with significant surplus for capital allocation
  • + Consistent revenue growth (+10.9% YoY) demonstrates market demand and pricing power
  • + Exceptional returns on capital (23.8% ROE, 20.5% ROA) indicating efficient asset deployment
  • + Fortress liquidity ratios (5.92x current, 4.68x quick) provide downside protection and M&A optionality
ChatGPT
  • + Debt-free, net cash balance sheet with exceptional liquidity
  • + Strong free cash flow and low capex intensity
  • + High returns on capital and negligible interest burden

MLI Stock Risks: Mueller Industries Inc. Investment Risks

Claude
  • ! Gross margin of only 6.1% is concerning despite strong operating margins, indicating heavy manufacturing costs and sensitivity to input price inflation
  • ! Leverage of operations toward operating/SG&A efficiency rather than product margin leaves limited cushion if demand weakens
  • ! Exposure to nonferrous metals market cyclicality and commodity price volatility affecting raw material costs
  • ! Limited insider activity (5 Form 4 filings in 90 days) provides minimal signal of insider conviction
ChatGPT
  • ! Operating margin sustainability given divergence from gross margin
  • ! Cyclical end-market and commodity (copper) exposure
  • ! Working capital volatility could pressure operating cash flow

Key Metrics to Watch

Claude
  • * Gross margin sustainability as raw material costs fluctuate
  • * Free cash flow generation and conversion ratio to net income
  • * Revenue growth trajectory and market share trends in rolling and extruding segment
  • * Operating margin expansion or compression relative to revenue growth
  • * Capital allocation decisions and return on incremental investments
ChatGPT
  • * Normalized operating margin vs. gross margin
  • * FCF margin

Mueller Industries Inc. (MLI) Financial Metrics & Key Ratios

Revenue
$4.2B
Net Income
$765.2M
EPS (Diluted)
$6.86
Free Cash Flow
$686.6M
Total Assets
$3.7B
Cash Position
$1.4B

💡 AI Analyst Insight

Strong liquidity with a 5.92x current ratio provides a solid financial cushion.

MLI Profit Margin, ROE & Profitability Analysis

Gross Margin 6.1%
Operating Margin 22.9%
Net Margin 18.3%
ROE 23.8%
ROA 20.5%
FCF Margin 16.4%

MLI vs Materials Sector: How Mueller Industries Inc. Compares

How Mueller Industries Inc. compares to Materials sector averages

Net Margin
MLI 18.3%
vs
Sector Avg 10.0%
MLI Sector
ROE
MLI 23.8%
vs
Sector Avg 14.0%
MLI Sector
Current Ratio
MLI 5.9x
vs
Sector Avg 1.6x
MLI Sector
Debt/Equity
MLI 0.0x
vs
Sector Avg 0.6x
MLI Sector

Sector benchmarks are approximate industry averages. Actual sector performance may vary.

Is Mueller Industries Inc. Stock Overvalued? MLI Valuation Analysis 2026

Based on fundamental analysis, Mueller Industries Inc. appears fundamentally strong relative to the Materials sector in 2026.

Return on Equity
23.8%
Sector avg: 14%
Net Profit Margin
18.3%
Sector avg: 10%
Revenue Growth
N/A
Year-over-year
Debt/Equity
0.00x
Sector avg: 0.6x

Note: This is a fundamental analysis based on SEC filings. For P/E ratio, price targets, and market-based valuation, consult financial data providers. This is not investment advice.

Mueller Industries Inc. Balance Sheet: MLI Debt, Cash & Liquidity

Current Ratio
5.92x
Quick Ratio
4.68x
Debt/Equity
0.00x
Debt/Assets
13.3%
Interest Coverage
8,335.15x
Long-term Debt
$0.0

MLI Revenue & Earnings Growth: 5-Year Financial Trend

MLI 5-year financial data: Year 2021: Revenue $3.8B, Net Income $101.0M, EPS $1.79. Year 2022: Revenue $4.0B, Net Income $139.5M, EPS $2.47. Year 2023: Revenue $4.0B, Net Income $468.5M, EPS $4.12. Year 2024: Revenue $4.0B, Net Income $658.3M, EPS $5.82. Year 2025: Revenue $4.2B, Net Income $602.9M, EPS $5.30.
Revenue
Net Income
EPS (right axis)

5-Year Trend Summary: Mueller Industries Inc.'s revenue has grown significantly by 11% over the 5-year period, indicating strong business expansion. The most recent EPS of $5.30 reflects profitable operations.

MLI Revenue Growth, EPS Growth & YoY Performance

Revenue Growth
N/A
Year-over-year
Net Income Growth
N/A
Year-over-year
EPS Growth
N/A
Earnings per share
FCF Margin
16.4%
Free cash flow / Revenue

MLI Quarterly Earnings & Performance

Quarterly financial performance data for Mueller Industries Inc. including revenue, net income, and earnings per share.
Quarter Revenue Net Income EPS
Q3 2025 $997.8M $168.7M $1.48
Q2 2025 $997.7M $160.2M $1.41
Q1 2025 $849.7M $138.4M $1.21
Q3 2024 $819.8M $132.7M $1.17
Q2 2024 $897.0M $160.2M $1.41
Q1 2024 $849.7M $138.4M $1.21
Q3 2023 $819.8M $132.7M $1.17
Q2 2023 $897.0M $177.7M $3.12

Data sourced from SEC EDGAR 10-Q quarterly filings. Figures may represent quarterly or cumulative values.

Mueller Industries Inc. Dividends, Buybacks & Capital Allocation

Operating Cash Flow
$755.4M
Cash generated from operations
Stock Buybacks
$243.6M
Shares repurchased (TTM)
Capital Expenditures
$68.8M
Investment in assets
Dividends Paid
$109.1M
Returned to shareholders

MLI SEC Filings: Latest 10-K & 10-Q Analysis

Access official SEC EDGAR filings for Mueller Industries Inc. (CIK: 0000089439)

📋 Recent SEC Filings

Date Form Document Action
Mar 30, 2026 8-K mli-20260327.htm View →
Mar 26, 2026 DEF 14A lmli2026_def14a.htm View →
Feb 27, 2026 4 xslF345X05/wk-form4_1772237666.xml View →
Feb 27, 2026 4 xslF345X05/wk-form4_1772202267.xml View →
Feb 25, 2026 10-K mli-20251227.htm View →

Frequently Asked Questions about MLI

What is the AI rating for MLI?

Mueller Industries Inc. (MLI) has a Combined AI Rating of BUY from Claude (STRONG BUY) and ChatGPT (BUY) with 85% combined confidence, based on fundamental analysis of SEC EDGAR filings.

What are MLI's key strengths?

Claude: Pristine balance sheet with zero long-term debt and $1.4B cash providing strategic flexibility. Outstanding profitability with 22.9% operating margin and 18.3% net margin, well above manufacturing peers. ChatGPT: Debt-free, net cash balance sheet with exceptional liquidity. Strong free cash flow and low capex intensity.

What are the risks of investing in MLI?

Claude: Gross margin of only 6.1% is concerning despite strong operating margins, indicating heavy manufacturing costs and sensitivity to input price inflation. Leverage of operations toward operating/SG&A efficiency rather than product margin leaves limited cushion if demand weakens. ChatGPT: Operating margin sustainability given divergence from gross margin. Cyclical end-market and commodity (copper) exposure.

What is MLI's revenue and growth?

Mueller Industries Inc. reported revenue of $4.2B.

Does MLI pay dividends?

Mueller Industries Inc. pays dividends, with $109.1M distributed to shareholders in the trailing twelve months.

Where can I find MLI SEC filings?

Official SEC filings for Mueller Industries Inc. (CIK: 0000089439) including 10-K, 10-Q, and 8-K reports are available on SEC EDGAR.

What is MLI's EPS?

Mueller Industries Inc. has a diluted EPS of $6.86.

How is the AI analysis conducted?

Two independent AI systems — Claude (Anthropic) and ChatGPT (OpenAI) — analyze SEC EDGAR filings including 10-K annual reports and 10-Q quarterly reports. Each AI evaluates financial health, profitability ratios, balance sheet strength, and growth metrics. The combined rating reflects both perspectives for balanced insights.

Is MLI a good stock to buy right now?

Based on our AI fundamental analysis in April 2026, Mueller Industries Inc. has a BUY rating with 85% confidence. The AI analysis suggests favorable fundamentals based on SEC filings. This is not investment advice.

Is MLI stock overvalued or undervalued?

Valuation metrics for MLI: ROE of 23.8% (sector avg: 14%), net margin of 18.3% (sector avg: 10%). Higher ROE suggests strong returns relative to peers.

Should I buy MLI stock in 2026?

Our dual AI analysis gives Mueller Industries Inc. a combined BUY rating for 2026. Revenue is data pending, with profitability above sector average. Always conduct your own research.

What is MLI's free cash flow?

Mueller Industries Inc.'s operating cash flow is $755.4M, with capital expenditures of $68.8M. FCF margin is 16.4%.

How does MLI compare to other Materials stocks?

Vs Materials sector averages: Net margin 18.3% (avg: 10%), ROE 23.8% (avg: 14%), current ratio 5.92 (avg: 1.6).

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Disclaimer: This analysis is generated by Claude AI (Anthropic) and ChatGPT (OpenAI) based on publicly available SEC EDGAR filings. It does not include stock price data and should not be considered financial advice. All fundamental data is sourced from SEC public domain filings. Always conduct your own research and consult with a qualified financial advisor before making investment decisions.
Data Source: SEC EDGAR | Analysis Date: Apr 2, 2026 | Data as of: 2025-12-27 | Powered by Claude AI