Mueller Industries, Inc. (NYSE: MLI) is a leading manufacturer of copper, brass, aluminum, and plastic products. The company serves a variety of industries, including plumbing, HVAC, and refrigeration. MLI competes with other industrial manufacturers, focusing on innovation and quality to maintain its market position.
On July 22, 2025, MLI reported its earnings before the market opened, revealing an impressive earnings per share (EPS) of $1.96, surpassing the estimated EPS of $1.62. This achievement is part of a broader trend, as the company's diluted EPS for the second quarter of 2025 increased to $2.22 from $1.41 in the same period of 2024.
MLI's revenue for the quarter reached approximately $1.14 billion, exceeding the estimated $1.12 billion. This growth is reflected in the company's net sales, which rose from $997.7 million in 2024 to $1.14 billion in 2025. The increase in revenue is a testament to MLI's strong market performance and strategic initiatives.
The company's net income for the second quarter of 2025 was $245.9 million, a significant rise from $160.2 million in the previous year. Operating income also saw an increase, reaching $304.2 million from $210.0 million. These results include a $36.3 million gain from an insurance claim, highlighting MLI's ability to manage unexpected events effectively.
MLI's financial health is further supported by a low debt-to-equity ratio of 0.012, indicating minimal leverage. The current ratio of 4.29 suggests strong liquidity, allowing the company to cover short-term liabilities with ease. With a price-to-earnings (P/E) ratio of approximately 15.15 and an earnings yield of about 6.6%, MLI presents a compelling investment opportunity.
Symbol | Price | %chg |
---|---|---|
103140.KS | 122000 | 0 |
014620.KQ | 32550 | 0 |
044490.KQ | 40300 | 0 |
TBMS.JK | 1090 | 0 |