Mueller Industries (MLI) Tax Rate (2009 - 2026)
Mueller Industries (MLI) recorded quarterly Tax Rate of 24.8% in Q1 2026, up 12.87% quarter-over-quarter from 21.97% in Q4 2025, and up 43.0% on a YoY basis from 17.34% in Q1 2025.
Mueller Industries (MLI) Tax Rate (2009 - 2026) Analysis & Trends
Mueller Industries' Tax Rate history runs 18 years deep, the most recent figure standing at 24.8% for Q1 2026.
- In Q1 2026, Tax Rate rose 43.0% year-over-year to 24.8%; the TTM figure through Mar 2026 stood at 24.55% (down 11.0% YoY), while the FY2025 annual figure was 24.43%, down 56.0% from the prior year.
- Tax Rate was 24.8% for Q1 2026 at Mueller Industries, up from 21.97% in the prior quarter.
- In the past five years, Tax Rate ranged from a high of 26.91% in Q3 2023 to a low of 21.97% in Q4 2025.
- Historically, Tax Rate has averaged 25.22% across 5 years, with a median of 25.63% in 2024.
- The sharpest annual moves came in 2024 and 2025: Tax Rate sank 432 bps in 2024, then surged 377 bps in 2025.
- A 5-year view of Tax Rate shows it stood at 26.78% in 2022, then retreated by 3 bps to 26.11% in 2023, then fell by 2 bps to 25.63% in 2024, then retreated by 14 bps to 21.97% in 2025, then rose by 13 bps to 24.8% in 2026.
- The last three Tax Rate figures came in at 24.8% (Q1 2026), 21.97% (Q4 2025), and 26.35% (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Carpenter Technology | 29.34 Bn | 29.04 Bn | 251.80 Mn | 21.00 |
| 2 | Ati | 27.51 Bn | 27.23 Bn | 262.90 Mn | 11.79 |
| 3 | Mueller Industries | 14.99 Bn | 13.61 Bn | 358.44 Mn | 24.80 |
| 4 | Commercial Metals | 8.04 Bn | 7.54 Bn | 387.91 Mn | 15.23 |
| 5 | Esab | 6.48 Bn | 6.34 Bn | 257.79 Mn | 19.79 |
| 6 | Gpgi | 3.86 Bn | 3.85 Bn | - | -4.66 |
| 7 | Worthington Enterprises | 2.96 Bn | 2.95 Bn | 109.47 Mn | 24.94 |
| 8 | Proto Labs | 1.93 Bn | 1.79 Bn | 63.59 Mn | 28.28 |
| 9 | Ryerson Holding | 1.17 Bn | 1.15 Bn | 288.80 Mn | 62.12 |
| 10 | Mayville Engineering Company | 727.03 Mn | 724.96 Mn | 10.96 Mn | 28.81 |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 28, 2026 | 24.80% |
| Mar 28, 2026 | 24.80% |
| Dec 27, 2025 | 21.97% |
| Dec 27, 2025 | 21.97% |
| Sep 27, 2025 | 26.35% |
| Sep 27, 2025 | 26.35% |
| Jun 28, 2025 | 24.31% |
| Jun 28, 2025 | 24.31% |
| Mar 29, 2025 | 24.37% |
| Mar 29, 2025 | 24.37% |
| Dec 28, 2024 | 25.63% |
| Dec 28, 2024 | 25.63% |
| Sep 28, 2024 | 22.59% |
| Sep 28, 2024 | 22.59% |
| Jun 29, 2024 | 26.19% |
| Jun 29, 2024 | 26.19% |
| Mar 30, 2024 | 25.72% |
| Mar 30, 2024 | 25.72% |
| Dec 30, 2023 | 26.11% |
| Dec 30, 2023 | 26.11% |