MLI · XBRL financial data
Mueller Industries financial statements, every fiscal year
The same tables from 7 filings, lined up. Matched by XBRL tag: renamed lines keep their history.
How these numbers work
- Every number comes from the company's XBRL financial data filed with the SEC, and each one links to its filing.
- Lines are matched by XBRL tag, so a line renamed between filings keeps its history.
- * marks a quarter worked out from the filing totals: the 10-K year minus the first three quarters, or a year-to-date total minus the earlier one. Fourth-quarter earnings per share is fourth-quarter net income over the fourth-quarter weighted shares.
- 0 means a filing states zero; a dash (—) means no filing states that number.
- “year only” means the 10-K gives the full year but not the quarters needed to work out the fourth. A worked-out quarter of revenue, cost of revenue or operating cash flow more than twice the company's largest quarter of the two years before is shown this way too.
- Gross profit is shown as the company reports it; a worked-out quarter must equal revenue less cost of revenue for that quarter, or it is a dash.
- Operating income can be above gross profit when the company books other operating income between the two, shown on its own line.
- Shares outstanding come from each filing's cover page, as of the date printed there.
- Quarters are fiscal: Q2 FY27 is the second quarter of the company's fiscal 2027.
Income statement
CSVFiscal years (MLI's year ends in late December)
| In millions of dollars | Dec 26, 2020 | Dec 25, 2021 | Dec 31, 2022 | Dec 30, 2023 | Dec 28, 2024 | Dec 27, 2025 |
|---|---|---|---|---|---|---|
| Revenue from contracts with customers | 2,398 | 3,769 | 3,982 | 3,420 | 3,769 | 4,179 |
| Cost of goods and services sold | 1,966 | — | — | — | — | — |
| Selling, general and administrative | 159 | 184 | 203 | 208 | 227 | 249 |
| Operating income (loss) | 246 | 656 | 877 | 756 | 770 | 959 |
| Interest income | — | 0 | 6 | 38 | 53 | 41 |
| Interest expense | 19 | 8 | 1 | 1 | 0 | 0 |
| Other income (expense) | 5 | 4 | 14 | 4 | (3) | 1 |
| Income tax expense (benefit) | 55 | 166 | 223 | 221 | 205 | 247 |
| Net income (loss) | 139 | 469 | 658 | 603 | 605 | 765 |
| Earnings per share, basic‡ USD per share | 0.63 | 2.09 | 2.95 | 2.71 | 2.72 | 3.50 |
| Earnings per share, diluted‡ USD per share | 0.62 | 2.06 | 2.91 | 2.65 | 2.66 | 3.43 |
| Weighted average shares, basic‡ millions of shares | 223 | 224 | 223 | 223 | 223 | 219 |
| Weighted average shares, diluted‡ millions of shares | 226 | 227 | 226 | 227 | 228 | 223 |
- ‡ Per-share figures and share counts are adjusted for the 2-for-1 stock split (December 2023); filings made before it reported them unadjusted.
- ‡ Per-share figures and share counts are adjusted for the 2-for-1 stock split (September 2026); filings made before it reported them unadjusted.
Balance sheet
CSVFiscal years (MLI's year ends in late December)
| In millions of dollars | Dec 26, 2020 | Dec 25, 2021 | Dec 31, 2022 | Dec 30, 2023 | Dec 28, 2024 | Dec 27, 2025 |
|---|---|---|---|---|---|---|
| Cash and cash equivalents | 119 | 88 | 461 | 1,171 | 1,037 | 1,367 |
| Short-term investments | — | 0 | 218 | 98 | 22 | 23 |
| Accounts receivable | 358 | 472 | 380 | 352 | 450 | 476 |
| Inventory | 315 | 430 | 449 | 380 | 462 | 510 |
| Total current assets | 825 | 1,019 | 1,535 | 2,040 | 2,012 | 2,446 |
| Property and equipment, net | 377 | 386 | 380 | 385 | 515 | 536 |
| Right-of-use asset | 29 | 24 | 23 | 35 | 33 | 27 |
| Goodwill | 168 | 171 | 158 | 152 | 311 | 298 |
| Total assets | 1,529 | 1,729 | 2,242 | 2,759 | 3,291 | 3,733 |
| Accounts payable | 148 | 181 | 128 | 120 | 174 | 181 |
| Current portion of long-term debt | 41 | 1 | 1 | 1 | 1 | 0 |
| Total current liabilities | 340 | 382 | 348 | 317 | 398 | 413 |
| Long-term debt | 287 | 1 | 1 | 0 | 0 | 0 |
| Lease liability, non-current | 22 | 17 | 17 | 27 | 25 | 19 |
| Total liabilities | 728 | 472 | 428 | 401 | 486 | 497 |
| Retained earnings | 1,020 | 1,458 | 2,060 | 2,594 | 3,108 | 3,762 |
| Total stockholders' equity | 777 | 1,222 | 1,791 | 2,337 | 2,773 | 3,210 |
| Total liabilities and equity | 1,529 | 1,729 | 2,242 | 2,759 | 3,291 | 3,733 |
| Common shares outstanding (cover page)‡ millions of shares | 228 | 229 | 228 | 227 | 227 | 222 |
- ‡ Per-share figures and share counts are adjusted for the 2-for-1 stock split (December 2023); filings made before it reported them unadjusted.
- ‡ Per-share figures and share counts are adjusted for the 2-for-1 stock split (September 2026); filings made before it reported them unadjusted.
Cash flows
CSVFiscal years (MLI's year ends in late December)
| In millions of dollars | Dec 26, 2020 | Dec 25, 2021 | Dec 31, 2022 | Dec 30, 2023 | Dec 28, 2024 | Dec 27, 2025 |
|---|---|---|---|---|---|---|
| Net income (loss) | 139 | 469 | 658 | 603 | 605 | 765 |
| Stock-based compensation | 9 | 10 | 18 | 23 | 27 | 27 |
| Depreciation and amortization | 45 | 45 | 44 | 40 | 53 | 69 |
| Net cash from operating activities | 245 | 312 | 724 | 673 | 646 | 755 |
| Net cash from investing activities | (126) | 29 | (242) | 135 | (607) | (25) |
| Share repurchases | 6 | 5 | 38 | 19 | 49 | 244 |
| Dividends paid | 22 | 29 | 56 | 67 | 89 | 109 |
| Proceeds from long-term debt | 190 | 595 | 0 | 0 | — | — |
| Repayments of long-term debt | 247 | 921 | 0 | 0 | 0 | 0 |
| Net cash from financing activities | (92) | (377) | (103) | (105) | (160) | (395) |
| Net change in cash | 29 | (37) | 375 | 709 | (135) | 346 |
Compare with peers
SIC 3350 and related industry codes, similar size; rows marked “added: same SIC” fill a short list. Each row is the latest quarter reported.
How peers are chosen
- SIC 3350 and related industry codes with public float (or, where float is missing, quarterly revenue) between 0.2x and 5x the company's.
- Each row is the latest quarter the company has reported, named in the Quarter column; when that filing is a 10-K, it is the fourth quarter, never the full year.
- Fewer than three companies fall in that range, so the list adds same-SIC (3350) companies nearest in public float, each marked “added: same SIC”.
- * marks a quarter worked out from the filing totals: for a 10-Q, the year-to-date total less the earlier one.
- A cell reading “not reported” means the filings give no figure for that quarter alone.
- A cell reading “year only” links to a 10-K that gives only the full year: without all three earlier quarters there is no fourth quarter to work out, and the year total is never shown as a quarter.
| Company | Cash ($M) | Revenue, quarter ($M) | Operating cash flow, quarter ($M) | Shares outstanding | Quarter |
|---|---|---|---|---|---|
| Mueller Industries | 1,448 | 1,419 | 337* | 218.0M | 10-QSep 26, 2026 |
| Belden | 381 | 966 | 130* | 39.1M | 10-QSep 27, 2026 |
| Kaiser Aluminumadded: same SIC | 117 | 1,215 | 101* | 16.3M | 10-QSep 30, 2026 |
| Howmet Aerospaceadded: same SIC | 507 | 2,703 | 709* | 397.7M | 10-QSep 30, 2026 |
| Quanex Building Productsadded: same SIC | 62 | 502 | 59* | 45.8M | 10-QJul 31, 2026 |
| Tredegaradded: same SIC | 17 | not reported | 5.7* | 34.9M | 10-QJun 30, 2026 |
| Xinxu Copper Industry Technologyadded: same SIC | 0.2 | year only | year only | 20.0M | 20-FJun 30, 2025 |
Not investment advice. Not affiliated with the U.S. SEC.