Mueller Industries (MLI) Gross Margin (2009 - 2026)
Mueller Industries (MLI) posted Gross Margin of 27.69% for Q2 2026, down 7.85% on a QoQ basis from 30.05% in Q1 2026, and down 333.0% year-over-year from 11.88% in Q2 2025.
Analysis
Mueller Industries (MLI) Gross Margin (2009 - 2026) Analysis & Trends
Mueller Industries has reported Gross Margin for 18 years, with the latest figure at 27.69% in Q2 2026.
- On a quarterly basis, Gross Margin fell 333.0% year-over-year to 27.69% in Q2 2026; TTM through Jun 2026 was 28.78%, a 31.0% increase from a year earlier, with the FY2025 full-year figure at 29.02%, up 130.0% from the prior year.
- Gross Margin was 27.69% for Q2 2026 at Mueller Industries, down from 30.05% in the prior quarter.
- The five-year high for Gross Margin was 31.51% in Q3 2025, with the low at 25.75% in Q4 2025.
- Average Gross Margin over 5 years is 28.41%, with a median of 28.27% recorded in 2024.
- The sharpest annual moves came in 2022 and 2026: Gross Margin soared 799 bps in 2022, then sank 333 bps in 2026.
- Over 5 years, Gross Margin stood at 29.26% in 2022, then declined by 9 bps to 26.76% in 2023, then gained by 3 bps to 27.65% in 2024, then fell by 7 bps to 25.75% in 2025, then grew by 8 bps to 27.69% in 2026.
- The last three Gross Margin figures came in at 27.69% (Q2 2026), 30.05% (Q1 2026), and 25.75% (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Tenaris | 30.37 Bn | 21.60 Bn | 984.66 Mn | 33.19% |
| 2 | Mueller Industries | 13.87 Bn | 12.46 Bn | 395.35 Mn | 27.69% |
| 3 | Arcosa | 7.15 Bn | 6.71 Bn | 155.70 Mn | 23.64% |
| 4 | Azz | 4.14 Bn | 4.14 Bn | 112.17 Mn | 25.01% |
| 5 | Constellium Se | 3.69 Bn | 3.53 Bn | 480.00 Mn | 17.47% |
| 6 | Lci Industries | 2.33 Bn | 2.12 Bn | 301.14 Mn | 31.09% |
| 7 | Worthington Steel | 1.72 Bn | 1.63 Bn | 118.80 Mn | 12.79% |
| 8 | Leggett & Platt | 1.26 Bn | 711.32 Mn | 203.20 Mn | 20.33% |
| 9 | Park Ohio Holdings | 647.04 Mn | 598.74 Mn | 78.90 Mn | 17.93% |
| 10 | Insteel Industries | 595.23 Mn | 572.28 Mn | 20.10 Mn | 10.17% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 27, 2026 | 27.69% |
| Mar 28, 2026 | 30.05% |
| Dec 27, 2025 | 25.75% |
| 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 | 26.76% |
| Sep 30, 2023 | 29.37% |
| Jul 1, 2023 | 28.73% |
| Apr 1, 2023 | 30.11% |
| Dec 31, 2022 | 29.26% |
| 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% |