Mueller Industries (MLI) Gross Margin (2009 - 2026)
Mueller Industries (MLI) posted quarterly Gross Margin of 27.69% for Q2 2026, down 333.0% year-over-year from 11.88% in Q2 2025, and down 7.85% quarter-over-quarter from 30.05% in Q1 2026.
Mueller Industries (MLI) Gross Margin (2009 - 2026) Analysis & Trends
Mueller Industries' Gross Margin history runs 18 years deep, the most recent figure standing at 27.69% for Q2 2026.
- In Q2 2026, Gross Margin fell 333.0% year-over-year to 27.69%; the TTM figure through Jun 2026 stood at 28.78% (down 6675.0% YoY), while the FY2025 annual figure was 29.02%, down 7094.0% from the prior year.
- Gross Margin for Q2 2026 stood at 27.69%, down from 30.05% in the prior quarter.
- The five-year high for Gross Margin was 358.94% in Q4 2023, with the low at 25.75% in Q4 2025.
- The 5-year median for Gross Margin is 28.67% (2023), against an average of 81.37%.
- The sharpest annual moves came in 2022 and 2025: Gross Margin surged 2474 bps in 2022, then sank 29669 bps in 2025.
- Mueller Industries' Gross Margin stood at 355.55% in 2022, then rose by 1 bps to 358.94% in 2023, then slipped by 10 bps to 322.45% in 2024, then sank by 92 bps to 25.75% in 2025, then advanced by 8 bps to 27.69% in 2026.
- Business Quant data shows MLI's Gross Margin at 27.69% in Q2 2026, 30.05% in Q1 2026, and 25.75% in Q4 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Ati | 28.47 Bn | 27.69 Bn | 309.80 Mn | 24.57% |
| 2 | Carpenter Technology | 24.45 Bn | 24.05 Bn | 268.90 Mn | 31.60% |
| 3 | Mueller Industries | 13.49 Bn | 12.07 Bn | 395.35 Mn | 27.69% |
| 4 | Commercial Metals | 7.25 Bn | 6.69 Bn | 455.14 Mn | 18.33% |
| 5 | Esab | 4.82 Bn | 4.61 Bn | 307.21 Mn | 38.04% |
| 6 | Gpgi | 3.71 Bn | 3.71 Bn | - | - |
| 7 | Worthington Enterprises | 2.78 Bn | 2.75 Bn | 101.89 Mn | 27.43% |
| 8 | Proto Labs | 1.90 Bn | 1.75 Bn | 69.34 Mn | 46.43% |
| 9 | Ryerson Holding | 1.26 Bn | 1.22 Bn | 355.20 Mn | 17.71% |
| 10 | Insteel Industries | 590.85 Mn | 567.91 Mn | 20.10 Mn | 10.17% |
Historic Data
Download 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 | 322.45% |
| 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 | 330.81% |
| Sep 25, 2021 | 24.23% |