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Mueller Industries Inc

Industrials US MLI

78.1USD
-2.65(3.28%)

Last update at 2024-12-03T16:51:00Z

Day Range

77.8781.29
LowHigh

52 Week Range

28.2847.51
LowHigh

Fundamentals

  • Previous Close 80.75
  • Market Cap5374.04M
  • Volume253738
  • P/E Ratio8.62
  • Dividend Yield1.27%
  • EBITDA835.23M
  • Revenue TTM3565.55M
  • Revenue Per Share TTM32.02
  • Gross Profit TTM 1117.59M
  • Diluted EPS TTM5.49

Financials

Income Statement

Balancesheet

Change in Cash

Total Operating Cash

Dividends Paid

Breakdown 2022-12-31 2021-12-31 2020-12-31 2019-12-31 2018-12-31
Type yearly yearly yearly yearly yearly
Date 2022-12-31 2021-12-31 2020-12-31 2019-12-31 2018-12-31
Income before tax 876.03M 641.14M 209.19M 166.08M 150.42M
Minority interest -4.50400M -6.60400M 4.16M 5.26M 2.36M
Net income 658.32M 468.52M 139.49M 100.97M 104.46M
Selling general administrative 203.09M 184.05M 159.48M 161.40M 148.89M
Selling and marketing expenses - - - - 3.68M
Gross profit 1117.59M 830.36M 431.88M 395.01M 357.48M
Reconciled depreciation 44.09M 45.66M 44.84M 42.69M 39.55M
Ebit 877.15M 655.85M 245.84M 191.40M 171.68M
Ebitda 927.66M 639.57M 273.15M 234.29M 211.56M
Depreciation and amortization 50.51M -16.27300M 27.31M 42.89M 39.87M
Non operating income net other - -2.10100M -5.33200M -22.91000M -8.67800M
Operating income 877.15M 655.85M 245.84M 191.40M 172.97M
Other operating expenses 3112.98M 3173.48M 2174.94M 2241.02M 2340.16M
Interest expense 0.81M 7.71M 19.25M 25.68M 25.20M
Tax provision 223.32M 165.86M 55.32M 35.26M 30.95M
Interest income 0.81M 7.71M 19.25M 0.72M 0.62M
Net interest income -0.81000M -7.70900M -19.24700M -24.96100M -24.57500M
Extraordinary items - - - - -
Non recurring - 2.83M -18.28200M - -
Other items - - - - -
Income tax expense 223.32M 165.86M 55.32M 35.26M 30.95M
Total revenue 3982.45M 3769.34M 2398.04M 2430.62M 2507.88M
Total operating expenses 248.12M 234.50M 208.78M 205.41M 189.76M
Cost of revenue 2864.86M 2938.99M 1966.16M 2035.61M 2150.40M
Total other income expense net -1.11800M -14.70600M -36.64900M -25.32000M 7.90M
Discontinued operations - - - - -
Net income from continuing ops 662.82M 475.12M 153.87M 130.83M 119.47M
Net income applicable to common shares 658.32M 468.52M 139.49M 100.97M 104.46M
Preferred stock and other adjustments - - - - -
Breakdown 2022-12-31 2021-12-31 2020-12-31 2019-12-31 2018-12-31
Type yearly yearly yearly yearly yearly
Date 2022-12-31 2021-12-31 2020-12-31 2019-12-31 2018-12-31
Total assets 2242.40M 1728.94M 1528.57M 1370.94M 1369.55M
Intangible assets 54.78M 61.71M 77.21M 60.08M 61.97M
Earning assets - - - - -
Other current assets 26.50M 28.98M 33.75M 33.78M 26.79M
Total liab 428.44M 471.97M 727.51M 708.80M 806.29M
Total stockholder equity 1790.91M 1222.12M 776.75M 643.47M 548.36M
Deferred long term liab - 14.35M 16.84M 21.09M 16.61M
Other current liab 214.54M 194.82M 144.36M 135.86M 105.33M
Common stock 0.80M 0.80M 0.80M 0.80M 0.80M
Capital stock 0.80M 0.80M 0.80M 0.80M 0.80M
Retained earnings 2059.80M 1458.49M 1019.69M 903.07M 824.74M
Other liab 62.04M 71.37M 79.67M 73.41M 83.89M
Good will 157.59M 171.33M 167.76M 153.28M 150.34M
Other assets 304.90M 300.86M 297.33M 25.40M 25.95M
Cash 461.02M 87.92M 119.08M 97.94M 72.62M
Cash and equivalents 461.02M 87.92M 119.08M 97.94M 72.62M
Total current liabilities 348.30M 382.44M 339.64M 234.29M 232.80M
Current deferred revenue - - - 21.09M 16.61M
Net debt -437.16700M -62.93500M 236.66M 315.95M 424.08M
Short term debt 5.75M 6.83M 47.54M 12.78M 7.10M
Short long term debt 0.81M 0.81M 41.28M 7.53M 7.10M
Short long term debt total 23.85M 24.99M 355.74M 413.89M 496.70M
Other stockholder equity -205.50900M -183.82600M -188.86800M -191.63400M -197.39100M
Property plant equipment 402.84M 409.07M 376.57M 363.13M 370.63M
Total current assets 1534.65M 1019.00M 825.36M 693.77M 702.62M
Long term investments 72.36M 61.13M 37.98M 48.36M 58.04M
Net tangible assets 1578.54M 1222.12M 531.77M 430.11M 336.05M
Short term investments 217.86M - 37.98M 48.36M 58.04M
Net receivables 380.35M 471.86M 357.53M 269.94M 273.42M
Long term debt 1.22M 1.06M 286.59M 378.72M 489.60M
Inventory 448.92M 430.24M 315.00M 292.11M 329.80M
Accounts payable 128.00M 180.79M 147.74M 85.64M 103.75M
Total permanent equity - - - - -
Noncontrolling interest in consolidated entity - 34.84M 24.32M 18.67M 14.90M
Temporary equity redeemable noncontrolling interests - - - - -
Accumulated other comprehensive income -64.17500M -53.34700M -54.88300M -68.77000M -79.79200M
Additional paid in capital - - - - -
Common stock total equity - 0.80M 0.80M 0.80M 0.80M
Preferred stock total equity - - - - -
Retained earnings total equity - 1458.49M 1019.69M 903.07M 824.74M
Treasury stock - -470.03400M -468.91900M -470.24300M -474.24000M
Accumulated amortization - - - - -
Non currrent assets other 3.91M 300.86M 297.33M 287.12M 9.34M
Deferred long term asset charges - - - - -
Non current assets total 707.75M 709.93M 703.21M 677.17M 666.93M
Capital lease obligations 21.82M 23.11M 27.86M 27.64M -
Long term debt total 1.22M 1.06M 286.59M 378.72M 489.60M
Breakdown 2022-12-31 2021-12-31 2020-12-31 2019-12-31 2018-12-31
Type yearly yearly yearly yearly yearly
Date 2022-12-31 2021-12-31 2020-12-31 2019-12-31 2018-12-31
Investments -242.00300M -1.61300M -9.27000M -16.00000M -1.60900M
Change to liabilities 0.00000M 68.29M 72.95M -15.02000M -30.44900M
Total cashflows from investing activities -242.00300M 29.07M -125.62200M -40.45700M -187.09600M
Net borrowings -0.13700M -330.72300M -57.11900M -110.36500M 29.32M
Total cash from financing activities -102.65500M -376.72200M -92.26400M -139.69400M -28.26900M
Change to operating activities -40.89500M 66.56M 95.96M -30.33700M -14.19300M
Net income 662.82M 475.12M 143.65M 106.23M 106.82M
Change in cash 374.92M -37.00000M 29.33M 20.90M -49.42500M
Begin period cash flow 90.38M 127.38M 98.04M 77.14M 126.56M
End period cash flow 465.30M 90.38M 127.38M 98.04M 77.14M
Total cash from operating activities 723.94M 311.70M 245.07M 200.54M 167.89M
Issuance of capital stock - - - - -
Depreciation 44.09M 45.66M 45.16M 43.01M 39.87M
Other cashflows from investing activities -204.36400M 8.54M -72.46700M 6.71M -147.00600M
Dividends paid -55.78700M -29.13700M -22.34100M -22.32500M 22.70M
Change to inventory -24.18900M -119.51400M 5.21M 39.56M 27.51M
Change to account receivables 10.65M 471.86M -76.40400M 6.50M -11.34200M
Sale purchase of stock -38.05400M -4.86400M -5.57400M -1.76300M -33.56200M
Other cashflows from financing activities -8.61000M -12.08300M -7.00000M -4.01600M -0.59200M
Change to netincome 3.91M -24.81400M 31.50M 31.95M 20.60M
Capital expenditures 37.64M 31.83M 43.88M 31.16M 38.48M
Change receivables - -124.70800M -76.40400M 6.50M -11.34200M
Cash flows other operating - -1.72600M 23.01M -11.69200M 14.88M
Exchange rate changes - - - - -
Cash and cash equivalents changes - -35.94800M 27.19M 20.39M -47.47300M
Change in working capital 17.63M -177.66000M 24.77M 15.81M 1.98M
Stock based compensation 17.80M 9.82M 8.57M 8.74M 8.04M
Other non cash items -14.51500M -48.65300M 26.97M 27.18M 11.02M
Free cash flow 686.30M 279.87M 201.19M 169.38M 129.41M

Peer Comparison

Sector: Industrials Industry: Metal Fabrication

Company Change (USD) Price (USD) Trailing PE (x) Forward PE (x) Price Sales TTM (x) Price to Book Value (x) Enterprise Value to Revenue (x) Enterprise Value to EBITDA (x)
MLI
Mueller Industries Inc
-2.65 3.28% 78.10 8.62 14.62 1.47 2.35 1.17 4.64
ATI
Allegheny Technologies Incorporated
1.12 1.88% 60.82 22.34 17.76 1.38 4.59 1.81 13.26
ESAB
ESAB Corp
-1.385 1.06% 129.06 24.11 17.95 1.89 3.47 2.29 13.20
TYEKF
Thyssenkrupp AG O.N.
- -% 4.10 - 14.22 0.12 0.34 0.03 -0.4811
TKAMY
Thyssenkrupp AG ADR
-0.01 0.24% 4.11 - 24.39 0.12 0.34 0.03 -0.4939

Reports Covered

Stock Research & News

Profile

Mueller Industries, Inc. manufactures and sells copper, brass, aluminum, and plastic products in the United States, the United Kingdom, Canada, South Korea, the Middle East, China, and Mexico. It operates through three segments: Piping Systems, Industrial Metals, and Climate. The Piping Systems segment offers copper tubes, fittings, line sets, and pipe nipples; PEX plumbing and radiant systems; and plumbing-related fittings and plastic injection tooling. It also resells steel pipes, brass and plastic plumbing valves, malleable iron fittings and faucets, and plumbing specialties; and supplies water tubes. This segment sells its products to wholesalers in the plumbing and refrigeration markets, distributors to the manufactured housing and recreational vehicle industries, building material retailers, and air-conditioning original equipment manufacturers (OEMs). The Industrial Metals segment manufactures brass, bronze, and copper alloy rods; plumbing brass, valves, fittings, and gas assemblies; cold-form aluminum and copper products; machining of aluminum, steel, brass, and cast iron impacts and castings; brass and aluminum forgings; brass, aluminum, and stainless-steel valves; fluid control solutions; and gas train assembles to OEMs in the industrial, construction, HVAC, plumbing, and refrigeration markets. The Climate segment offers valves, protection devices, and brass fittings for various OEMs in the commercial HVAC and refrigeration markets; high-pressure components and accessories for the air-conditioning and refrigeration markets; coaxial heat exchangers and twisted tubes for the HVAC, geothermal, refrigeration, swimming pool heat pump, marine, ice machine, commercial boiler, and heat reclamation markets; and insulated HVAC flexible duct systems. Mueller Industries, Inc. was founded in 1917 and is headquartered in Collierville, Tennessee.

Mueller Industries Inc

150 Schilling Boulevard, Collierville, TN, United States, 38017

Key Executives

Name Title Year Born
Mr. Gregory L. Christopher Chairman & CEO 1962
Mr. Jeffrey A. Martin Exec. VP, CFO & Treasurer 1967
Mr. Christopher John Miritello Exec. VP, Gen. Counsel & Corp. Sec. 1983
Mr. Steffen Sigloch Chief Manufacturing Officer 1969
Ms. Kristee Michelle Ford Chief Information Officer NA
Mr. Brian K. Barksdale VP of Marketing 1976
Mr. Nicholas William Moss Pres of New Bus. Devel. 1957
Mr. Daniel R. Corbin Sr. VP of Manufacturing 1958
Mr. Gary Westermeyer Pres of Refrigeration 1965
Mr. Nadiem Umar Pres of International Division 1961

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