Mueller Industries (MLI) Net Margin (2009 - 2026)
Mueller Industries (MLI) posted Net Margin of 17.04% for Q2 2026, down 15.73% on a QoQ basis from 20.22% in Q1 2026, and down 453.0% year-over-year from 4.83% in Q2 2025.
Analysis
Mueller Industries (MLI) Net Margin (2009 - 2026) Analysis & Trends
Mueller Industries has reported Net Margin for 18 years, with the latest figure at 17.04% in Q2 2026.
- On a quarterly basis, Net Margin fell 453.0% year-over-year to 17.04% in Q2 2026; TTM through Jun 2026 was 18.11%, a 71.0% increase from a year earlier, with the FY2025 full-year figure at 18.31%, up 198.0% from the prior year.
- Net Margin was 17.04% for Q2 2026 at Mueller Industries, down from 20.22% in the prior quarter.
- The five-year high for Net Margin was 21.58% in Q2 2025, with the low at 14.35% in Q4 2024.
- Average Net Margin over 5 years is 17.41%, with a median of 16.97% recorded in 2024.
- The sharpest annual moves came in 2022 and 2026: Net Margin soared 758 bps in 2022, then plunged 453 bps in 2026.
- Over 5 years, Net Margin stood at 15.51% in 2022, then grew by 16 bps to 17.95% in 2023, then fell by 20 bps to 14.35% in 2024, then rose by 11 bps to 15.91% in 2025, then rose by 7 bps to 17.04% in 2026.
- The last three Net Margin figures came in at 17.04% (Q2 2026), 20.22% (Q1 2026), and 15.91% (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Tenaris | 30.37 Bn | 21.60 Bn | 984.66 Mn | 16.08% |
| 2 | Mueller Industries | 14.10 Bn | 12.71 Bn | 395.35 Mn | 17.04% |
| 3 | Arcosa | 7.15 Bn | 6.71 Bn | 155.70 Mn | 49.87% |
| 4 | Azz | 4.20 Bn | 4.20 Bn | 112.17 Mn | 11.59% |
| 5 | Constellium Se | 3.68 Bn | 3.52 Bn | 480.00 Mn | 5.39% |
| 6 | Lci Industries | 2.49 Bn | 2.28 Bn | 301.14 Mn | 6.93% |
| 7 | Worthington Steel | 1.80 Bn | 1.85 Bn | 118.80 Mn | -5.81% |
| 8 | Leggett & Platt | 1.26 Bn | 711.32 Mn | 203.20 Mn | 5.88% |
| 9 | Park Ohio Holdings | 673.50 Mn | 626.60 Mn | 78.90 Mn | 2.70% |
| 10 | Insteel Industries | 605.91 Mn | 582.97 Mn | 20.10 Mn | 4.56% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 27, 2026 | 17.04% |
| Mar 28, 2026 | 20.22% |
| Dec 27, 2025 | 15.91% |
| Sep 27, 2025 | 19.16% |
| Jun 28, 2025 | 21.58% |
| Mar 29, 2025 | 15.97% |
| Dec 28, 2024 | 14.35% |
| Sep 28, 2024 | 16.90% |
| Jun 29, 2024 | 16.49% |
| Mar 30, 2024 | 17.62% |
| Dec 30, 2023 | 17.95% |
| Sep 30, 2023 | 16.85% |
| Jul 1, 2023 | 19.94% |
| Apr 1, 2023 | 18.13% |
| Dec 31, 2022 | 15.51% |
| Sep 24, 2022 | 16.38% |
| Jun 25, 2022 | 17.62% |
| Mar 26, 2022 | 15.75% |
| Dec 25, 2021 | 13.28% |
| Sep 25, 2021 | 17.25% |