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MLI - Mueller Industries, Inc.

NYSE -> Industrials -> Metal Fabrication
Collierville, United States
Type: Equity

MLI price evolution
MLI
(in millions $) 30 Jan 2024 30 Sep 2023 30 Jun 2023 31 Mar 2023
Current assets
Cash $1170.89 $979.79 $771.32 $611.4
Short term investments $98.15 $124.68 $127.05 $171
Net receivables $351.56 $409.19 $459.47 $503.37
Inventory $380.25 $391.74 $465.73 $452.83
Total current assets $2040.02 $1936.77 $1851.74 $1767.01
Long term investments $83.44 $97.03 $73.41 $72.39
Property, plant & equipment $420.33 $410.58 $418.09 $407.22
Goodwill & intangible assets $198.03 $197.72 $211.69 $212.03
Total noncurrent assets $719.28 $726.97 $724.68 $712.61
Total investments $181.58 $221.71 $200.46 $243.39
Total assets $2759.3 $2663.74 $2576.42 $2479.62
Current liabilities
Accounts payable $120.48 $141.93 $155.1 $179.24
Deferred revenue
Short long term debt $8.69 $7.99 $7.62 $7.36
Total current liabilities $317.14 $322.5 $344.55 $406.75
Long term debt $0.18 $27.09 $24.86 $24.02
Total noncurrent liabilities $83.45 $90.01 $88.93 $85.41
Total debt $35.56 $35.08 $32.48 $31.38
Total liabilities $421.86 $412.51 $433.48 $492.15
Shareholders' equity
Retained earnings $2594.3 $2492.16 $2376.62 $2215.94
Other shareholder equity $2337.45 -$55.06 -$46.25 -$51.95
Total shareholder equity $2337.45 $2221.24 $2116.23 $1962.31
(in millions $) 30 Jan 2024 31 Jan 2023 31 Dec 2021 31 Dec 2020
Current assets
Cash $1170.89 $461.02 $87.92 $119.08
Short term investments $98.15 $217.86
Net receivables $351.56 $380.35 $471.86 $357.53
Inventory $380.25 $448.92 $430.24 $315
Total current assets $2040.02 $1534.65 $1019 $825.36
Long term investments $83.44 $72.36 $61.13 $37.98
Property, plant & equipment $420.33 $402.84 $409.07 $405.87
Goodwill & intangible assets $198.03 $212.37 $233.04 $244.97
Total noncurrent assets $719.28 $707.75 $709.93 $703.21
Total investments $181.58 $290.23 $61.13 $37.98
Total assets $2759.3 $2242.4 $1728.94 $1528.57
Current liabilities
Accounts payable $120.48 $128 $180.79 $147.74
Deferred revenue
Short long term debt $8.69 $5.75 $6.83 $47.54
Total current liabilities $317.14 $348.3 $382.44 $339.64
Long term debt $0.18 $1.22 $18.16 $308.19
Total noncurrent liabilities $83.45 $80.14 $89.53 $387.87
Total debt $35.56 $23.85 $24.99 $355.74
Total liabilities $421.86 $451.49 $471.97 $727.51
Shareholders' equity
Retained earnings $2594.3 $2059.8 $1458.49 $1019.69
Other shareholder equity $2337.45 $1790.91 -$53.35 -$54.88
Total shareholder equity $2337.45 $1790.91 $1222.12 $776.75
(in millions $) 30 Jan 2024 30 Sep 2023 30 Jun 2023 31 Mar 2023
Revenue
Total revenue $732.38 $819.79 $896.98 $971.19
Cost of revenue $579.06 $639.27 $678.8
Gross Profit $195.99 $240.73 $257.71 $292.39
Operating activities
Research & development
Selling, general & administrative $48.3 $56.06 $52.63
Total operating expenses $60.43 $63.86 $47.01 $63.29
Operating income $176.87 $210.7 $229.11
Income from continuing operations
EBIT $183.78 $239.97 $234.74
Income tax expense $46.44 $50.84 $62.12 $61.36
Interest expense $34.43 $0.23 $0.14 $0.14
Net income
Net income $119.24 $132.71 $177.71 $173.24
Income (for common shares) $132.71 $177.71 $173.24
(in millions $) 30 Jan 2024 31 Dec 2022 31 Dec 2021 31 Dec 2020
Revenue
Total revenue $3420.34 $3982.45 $3769.34 $2398.04
Cost of revenue $2864.86 $2938.99 $1966.16
Gross Profit $986.83 $1117.59 $830.36 $431.88
Operating activities
Research & development
Selling, general & administrative $203.09 $184.05 $159.48
Total operating expenses $248.13 $240.44 $174.51 $186.04
Operating income $877.15 $655.85 $245.84
Income from continuing operations
EBIT $882.45 $642.09 $214.06
Income tax expense $220.76 $223.32 $165.86 $55.32
Interest expense $78.85 $0.81 $7.71 $19.25
Net income
Net income $602.9 $658.32 $468.52 $139.49
Income (for common shares) $658.32 $468.52 $139.49
(in millions $) 30 Jan 2024 30 Sep 2023 30 Jun 2023 31 Mar 2023
Net income $132.71 $177.71 $173.24
Operating activities
Depreciation $9.8 $10.51 $10.75
Business acquisitions & disposals -$3.63 $0.18 $0.76
Stock-based compensation $4.81 $6.82 $5.64
Total cash flows from operations $247.66 $139.21 $111.62
Investing activities
Capital expenditures -$10.25 -$21.66 -$7.56
Investments $61.63 $50
Total cash flows from investing $135.08 -$13.88 $56.79 $51.21
Financing activities
Dividends paid -$66.87 -$16.73 -$16.67 -$16.73
Sale and purchase of stock -$19.3
Net borrowings -$0.18 -$0.51 $0.24
Total cash flows from financing -$104.51 -$23.43 -$36.47 -$19.1
Effect of exchange rate $5.59 -$2.51 $2.25 $2.57
Change in cash and equivalents $708.93 $207.84 $161.79 $146.3
(in millions $) 30 Jan 2024 31 Dec 2022 31 Dec 2021 31 Dec 2020
Net income $658.32 $468.52 $139.49
Operating activities
Depreciation $43.73 $45.39 $44.84
Business acquisitions & disposals $10.14 $52.37 -$72.47
Stock-based compensation $17.8 $9.82 $8.57
Total cash flows from operations $723.94 $311.7 $245.07
Investing activities
Capital expenditures -$37.64 -$31.83 -$43.88
Investments -$217.86 $8.54 -$9.27
Total cash flows from investing $135.08 -$242 $29.07 -$125.62
Financing activities
Dividends paid -$66.87 -$55.79 -$29.14 -$22.34
Sale and purchase of stock -$38.05 -$4.78 -$5.57
Net borrowings -$0.14 -$331.83 -$57.12
Total cash flows from financing -$104.51 -$102.66 -$376.72 -$92.26
Effect of exchange rate $5.59 -$4.37 -$1.05 $2.15
Change in cash and equivalents $708.93 $374.92 -$37 $29.33
Fundamentals
Market cap $6.06B
Enterprise value $4.93B
Shares outstanding 113.53M
Revenue $3.42B
EBITDA N/A
EBIT N/A
Net Income $602.90M
Revenue Q/Q -16.55%
Revenue Y/Y -14.11%
P/E ratio 10.06
EV/Sales 1.44
EV/EBITDA N/A
EV/EBIT N/A
P/S ratio 1.77
P/B ratio InfinityT
Book/Share 0.00
Cash/Share 10.31
EPS $5.31
ROA 23.01%
ROE 27.92%
Debt/Equity 0.18
Net debt/EBITDA N/A
Current ratio 6.43
Quick ratio 5.23