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Mueller Industries, Inc. 10-Q Filings

MLI NYSE

Every 10-Q that Mueller Industries, Inc. (MLI) has filed with the SEC in the last 24 months is listed below, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.

A 10-Q covers the quarterly report filed between annual reports, so if you follow MLI and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full MLI filings page.

Rhea-AI Summary

Mueller Industries, Inc. reported higher sales and earnings for the quarter and first half ended June 27, 2026. Second-quarter net sales were $1,427,923 (in thousands), up 25.5 percent year over year, and net income attributable to Mueller Industries was $249,655 (in thousands), up 1.5 percent. First-half net sales rose 22.6 percent to $2,620,928 (in thousands) and net income increased 21.2 percent to $488,673 (in thousands).

Performance reflected higher net selling prices in core products, particularly copper tube, brass rod, and high-quality wire and cable, plus $62,500 (in thousands) of sales from the March 2026 acquisition of Bison Metals Technologies. A $41,407 (in thousands) pre-tax gain on the sale of Sherwood Valve in the first quarter of 2026 also supported year-to-date operating income, while prior-year results included a $36,278 (in thousands) gain from tornado-related insurance proceeds.

Gross margin in the quarter was 27.7 percent versus 31.0 percent a year earlier. Cash and cash equivalents were $1,388,748 (in thousands) at June 27, 2026, against long-term debt of $5,243 (in thousands). The quarterly dividend per share increased to $0.175 from $0.125, and a two-for-one stock split became effective June 30, 2026.

Rhea-AI Summary

Mueller Industries delivered a strong first quarter of 2026, with net sales of $1.19 billion, up 19.3% from $1.00 billion a year earlier. Net income attributable to the company rose to $239.0 million, a 51.8% increase, and diluted EPS climbed to $2.16 from $1.39.

Results were boosted by higher selling prices in core products such as copper tube, brass rod, and wire and cable, and a $41.4 million gain on the sale of Sherwood Valve. Gross margin improved to 30.0% of sales as cost of goods sold grew more slowly than revenue.

The company ended the quarter with $1.39 billion in cash, no debt, and a current ratio of 5.4, after funding $75.0 million of share repurchases and higher quarterly dividends of $0.35 per share. It also agreed to acquire Bison Metals Technologies for about $142.0 million in cash, expanding its Piping Systems copper tube capacity.

Rhea-AI Summary

Mueller Industries (MLI) reported strong Q3 2025 results. Net sales were $1,077,824,000 and operating income rose to $276,115,000. Net income attributable to Mueller was $208,123,000, or diluted EPS of $1.88, up from $1.48 a year ago. The quarter included a $4,869,000 gain on insurance proceeds and $11,852,000 gain on asset disposals, partially offset by $2,018,000 in asset impairments and $4,830,000 in pension plan termination expense. The Board paid a $0.25 dividend per share in the quarter.

Year to date, net sales reached $3,216,162,000 with net income of $611,479,000 (diluted EPS $5.48). Cash and cash equivalents were $1,261,130,000 with no long-term debt on the balance sheet. Operating cash flow was $614,233,000, funding $48,982,000 in capital expenditures and $243,615,000 in share repurchases. Piping Systems led segment performance with Q3 operating income of $216,159,000, while Industrial Metals and Climate delivered $30,928,000 and $38,900,000, respectively. Shares outstanding were 111,013,631 as of October 17, 2025.