Mueller Industries (MLI) Gross Margin (2009 - 2026)
Mueller Industries (MLI) reported Gross Margin of 25.48% for Q3 2026, down 6.04 percentage points from 31.51% a year earlier and down 2.21 percentage points from the prior quarter.
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Analysis
Mueller Industries (MLI) Gross Margin (2009 - 2026) Analysis & Trends
Over the twelve months ended Sep 26, 2026, Mueller Industries' Gross Margin came in at 27.25%, down 2.22 percentage points year-over-year; for FY2025, it was 29.02%, up 1.30 percentage points from FY2024.
- Gross Margin has a five-year change of +11.01 percentage points (FY2020 to FY2025).
- By year, Gross Margin came in at 27.71% in FY2024 (-1.14 pp), 28.85% in FY2023 (+0.79 pp), 28.06% in FY2022 (+6.03 pp) and 22.03% in FY2021 (+4.02 pp).
- The Q3 2026 figure ranks as the lowest quarterly Gross Margin since Q4 2021.
- Year over year, Gross Margin gained in four of the last eight quarters, with an average year-over-year change of -0.14 percentage points.
- The high point for year-over-year Gross Margin in five years was Q1 2022 (a gain of 7.99 percentage points); the low point was Q3 2026 (a drop of 6.04 percentage points).
- Per Business Quant data, the three quarters before Q3 2026 came in at 27.69% (Q2 2026), 30.05% (Q1 2026) and 25.75% (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Caterpillar | 268.42 Bn | 239.73 Bn | 7.35 Bn | 35.54% |
| 2 | Amphenol | 200.18 Bn | 194.88 Bn | 4.02 Bn | 39.26% |
| 3 | Deere | 182.33 Bn | 150.42 Bn | 4.66 Bn | 36.94% |
| 4 | Eaton | 139.45 Bn | 136.39 Bn | 3.11 Bn | 34.70% |
| 5 | Parker-Hannifin | 120.96 Bn | 118.84 Bn | 2.26 Bn | 37.73% |
| 6 | 3M | 97.01 Bn | 78.45 Bn | 2.78 Bn | 42.27% |
| 7 | Emerson Electric | 93.92 Bn | 86.65 Bn | 2.66 Bn | 54.48% |
| 8 | Illinois Tool Works | 80.83 Bn | 77.51 Bn | 1.91 Bn | 45.09% |
| 9 | Vertiv Holdings | 75.75 Bn | 64.60 Bn | 1.64 Bn | 38.11% |
| 10 | Mueller Industries | 11.98 Bn | 6.29 Bn | 361.44 Mn | 25.48% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 26, 2026 | 25.48% |
| 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% |
API Access
Mueller Industries Gross Margin API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=gross-margin&ticker=MLI&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "gross-margin", "ticker": "MLI", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=gross-margin&ticker=MLI&period=max&api_key=YOUR_API_KEY");
const data = await res.json();