Mueller Industries (MLI) Operating Expenses (2009 - 2026)
Mueller Industries (MLI) recorded quarterly Operating Expenses of $83.4 million in Q1 2026, up 58.72% quarter-over-quarter from $52.6 million in Q4 2025, and up 4.06% on a YoY basis from $80.2 million in Q1 2025.
Mueller Industries (MLI) Operating Expenses (2009 - 2026) Analysis & Trends
Mueller Industries' Operating Expenses history runs 18 years deep, the most recent figure standing at $83.4 million for Q1 2026.
- In Q1 2026, Operating Expenses rose 4.06% year-over-year to $83.4 million; the TTM figure through Mar 2026 stood at $299.7 million (up 4.36% YoY), while the FY2025 annual figure was $296.4 million, up 11.49% from the prior year.
- Operating Expenses was $83.4 million for Q1 2026 at Mueller Industries, up from $52.6 million in the prior quarter.
- In the past five years, Operating Expenses ranged from a high of $85.4 million in Q2 2025 to a low of $52.6 million in Q4 2025.
- Historically, Operating Expenses has averaged $66.4 million across 5 years, with a median of $62.8 million in 2024.
- Biggest YoY gain for Operating Expenses was 39.19% in 2025; the steepest drop was 27.75% in 2025.
- A 5-year view of Operating Expenses shows it stood at $61.4 million in 2022, then fell by 10.28% to $55.1 million in 2023, then soared by 32.1% to $72.8 million in 2024, then decreased by 27.75% to $52.6 million in 2025, then surged by 58.72% to $83.4 million in 2026.
- The last three Operating Expenses figures came in at $83.4 million (Q1 2026), $52.6 million (Q4 2025), and $78.3 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Carpenter Technology | 29.34 Bn | 29.04 Bn | 251.80 Mn | 65.30 Mn |
| 2 | Ati | 27.51 Bn | 27.23 Bn | 262.90 Mn | 99.10 Mn |
| 3 | Mueller Industries | 14.99 Bn | 13.61 Bn | 358.44 Mn | 83.44 Mn |
| 4 | Commercial Metals | 8.04 Bn | 7.54 Bn | 387.91 Mn | 2.02 Bn |
| 5 | Esab | 6.48 Bn | 6.34 Bn | 257.79 Mn | 171.18 Mn |
| 6 | Gpgi | 3.86 Bn | 3.85 Bn | - | 55.60 Mn |
| 7 | Worthington Enterprises | 2.96 Bn | 2.95 Bn | 109.47 Mn | 77.93 Mn |
| 8 | Proto Labs | 1.93 Bn | 1.79 Bn | 63.59 Mn | 53.75 Mn |
| 9 | Ryerson Holding | 1.17 Bn | 1.15 Bn | 288.80 Mn | 265.20 Mn |
| 10 | Mayville Engineering Company | 727.03 Mn | 724.96 Mn | 10.96 Mn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 28, 2026 | 83.44 Mn |
| Dec 27, 2025 | 52.57 Mn |
| Sep 27, 2025 | 78.26 Mn |
| Jun 28, 2025 | 85.43 Mn |
| Mar 29, 2025 | 80.18 Mn |
| Dec 28, 2024 | 72.76 Mn |
| Sep 28, 2024 | 71.41 Mn |
| Jun 29, 2024 | 62.83 Mn |
| Mar 30, 2024 | 57.61 Mn |
| Dec 30, 2023 | 55.08 Mn |
| Sep 30, 2023 | 58.10 Mn |
| Jul 1, 2023 | 66.57 Mn |
| Apr 1, 2023 | 63.38 Mn |
| Dec 31, 2022 | 61.39 Mn |
| Sep 24, 2022 | 61.12 Mn |
| Jun 25, 2022 | 60.35 Mn |
| Mar 26, 2022 | 58.39 Mn |
| Dec 25, 2021 | 51.35 Mn |
| Sep 25, 2021 | 59.48 Mn |
| Jun 26, 2021 | 55.13 Mn |