Mueller Industries (MLI) Gross Margin (2009 - 2026)

Mueller Industries (MLI) recorded quarterly Gross Margin of 30.05% in Q1 2026, down 91.0% quarter-over-quarter from 333.75% in Q4 2025, and up 285.0% on a YoY basis from 7.8% in Q1 2025.

Mueller Industries (MLI) Gross Margin (2009 - 2026) Analysis & Trends

Mueller Industries' Gross Margin history runs 18 years deep, the most recent figure standing at 30.05% for Q1 2026.

  • In Q1 2026, Gross Margin rose 285.0% year-over-year to 30.05%; the TTM figure through Mar 2026 stood at 97.52% (up 7008.0% YoY), while the FY2025 annual figure was 99.95%, up 7224.0% from the prior year.
  • Gross Margin was 30.05% for Q1 2026 at Mueller Industries, down from 333.75% in the prior quarter.
  • In the past five years, Gross Margin ranged from a high of 358.94% in Q4 2023 to a low of 26.29% in Q1 2022.
  • Historically, Gross Margin has averaged 85.31% across 5 years, with a median of 28.73% in 2023.
  • The sharpest annual moves came in 2022 and 2024: Gross Margin soared 33153 bps in 2022, then plunged 33129 bps in 2024.
  • A 5-year view of Gross Margin shows it stood at 355.55% in 2022, then gained by 1 bps to 358.94% in 2023, then plunged by 92 bps to 27.65% in 2024, then surged by 1107 bps to 333.75% in 2025, then sank by 91 bps to 30.05% in 2026.
  • The last three Gross Margin figures came in at 30.05% (Q1 2026), 333.75% (Q4 2025), and 31.51% (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Gross Margin (Qtr)
1 Carpenter Technology 29.34 Bn 29.04 Bn 251.80 Mn 31.03%
2 Ati 27.51 Bn 27.23 Bn 262.90 Mn 22.83%
3 Mueller Industries 14.99 Bn 13.61 Bn 358.44 Mn 30.05%
4 Commercial Metals 8.04 Bn 7.54 Bn 387.91 Mn 18.19%
5 Esab 6.48 Bn 6.34 Bn 257.79 Mn 35.76%
6 Gpgi 3.86 Bn 3.85 Bn - -
7 Worthington Enterprises 2.96 Bn 2.95 Bn 109.47 Mn 28.91%
8 Proto Labs 1.93 Bn 1.79 Bn 63.59 Mn 45.64%
9 Ryerson Holding 1.17 Bn 1.15 Bn 288.80 Mn 18.44%
10 Mayville Engineering Company 727.03 Mn 724.96 Mn 10.96 Mn 7.57%

Historic Data

Download Data
DateValue
Mar 28, 2026 30.05%
Dec 27, 2025 333.75%
Sep 27, 2025 31.51%
Jun 28, 2025 31.01%
Mar 29, 2025 27.19%
Dec 28, 2024 27.65%
Sep 28, 2024 27.60%
Jun 29, 2024 27.34%
Mar 30, 2024 28.36%
Dec 30, 2023 358.94%
Sep 30, 2023 29.37%
Jul 1, 2023 28.73%
Apr 1, 2023 30.11%
Dec 31, 2022 355.55%
Sep 24, 2022 28.17%
Jun 25, 2022 28.62%
Mar 26, 2022 26.29%
Dec 25, 2021 24.02%
Sep 25, 2021 24.23%
Jun 26, 2021 21.02%