
Mueller Industries Inc
NYSE:MLI

Income Statement
Earnings Waterfall
Mueller Industries Inc
Revenue
|
3.8B
USD
|
Cost of Revenue
|
-2.7B
USD
|
Gross Profit
|
1B
USD
|
Operating Expenses
|
-279.8m
USD
|
Operating Income
|
764.6m
USD
|
Other Expenses
|
-159.7m
USD
|
Net Income
|
604.9m
USD
|
Income Statement
Mueller Industries Inc
Dec-2014 | Mar-2015 | Jun-2015 | Sep-2015 | Dec-2015 | Apr-2016 | Jul-2016 | Oct-2016 | Dec-2016 | Apr-2017 | Jul-2017 | Sep-2017 | Dec-2017 | Mar-2018 | Jun-2018 | Sep-2018 | Dec-2018 | Mar-2019 | Jun-2019 | Sep-2019 | Dec-2019 | Mar-2020 | Jun-2020 | Sep-2020 | Dec-2020 | Mar-2021 | Jun-2021 | Sep-2021 | Dec-2021 | Mar-2022 | Jun-2022 | Sep-2022 | Dec-2022 | Apr-2023 | Jul-2023 | Sep-2023 | Dec-2023 | Mar-2024 | Jun-2024 | Sep-2024 | Dec-2024 | ||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Revenue | ||||||||||||||||||||||||||||||||||||||||||
Revenue |
2 364
N/A
|
2 327
-2%
|
2 233
-4%
|
2 165
-3%
|
2 100
-3%
|
2 096
0%
|
2 084
-1%
|
2 056
-1%
|
2 056
+0%
|
2 101
+2%
|
2 171
+3%
|
2 215
+2%
|
2 266
+2%
|
2 328
+3%
|
2 377
+2%
|
2 472
+4%
|
2 508
+1%
|
2 480
-1%
|
2 483
+0%
|
2 446
-2%
|
2 431
-1%
|
2 422
0%
|
2 256
-7%
|
2 266
+0%
|
2 398
+6%
|
2 613
+9%
|
3 126
+20%
|
3 489
+12%
|
3 769
+8%
|
3 961
+5%
|
4 099
+3%
|
4 061
-1%
|
3 983
-2%
|
3 944
-1%
|
3 691
-6%
|
3 566
-3%
|
3 420
-4%
|
3 299
-4%
|
3 400
+3%
|
3 578
+5%
|
3 769
+5%
|
|
Gross Profit | ||||||||||||||||||||||||||||||||||||||||||
Cost of Revenue |
(2 043)
|
(2 009)
|
(1 921)
|
(1 867)
|
(1 810)
|
(1 795)
|
(1 782)
|
(1 739)
|
(1 724)
|
(1 767)
|
(1 833)
|
(1 884)
|
(1 934)
|
(1 984)
|
(2 022)
|
(2 118)
|
(2 155)
|
(2 126)
|
(2 128)
|
(2 068)
|
(2 039)
|
(2 026)
|
(1 866)
|
(1 857)
|
(1 966)
|
(2 126)
|
(2 522)
|
(2 766)
|
(2 939)
|
(3 015)
|
(3 036)
|
(2 971)
|
(2 865)
|
(2 799)
|
(2 618)
|
(2 518)
|
(2 434)
|
(2 363)
|
(2 449)
|
(2 593)
|
(2 724)
|
|
Gross Profit |
321
N/A
|
319
-1%
|
312
-2%
|
298
-4%
|
290
-3%
|
300
+3%
|
302
+1%
|
317
+5%
|
332
+5%
|
334
+1%
|
338
+1%
|
331
-2%
|
332
+0%
|
344
+4%
|
354
+3%
|
355
+0%
|
353
0%
|
354
+0%
|
355
+0%
|
378
+6%
|
392
+4%
|
395
+1%
|
390
-1%
|
410
+5%
|
432
+5%
|
487
+13%
|
603
+24%
|
723
+20%
|
830
+15%
|
946
+14%
|
1 062
+12%
|
1 091
+3%
|
1 118
+2%
|
1 145
+2%
|
1 073
-6%
|
1 048
-2%
|
987
-6%
|
935
-5%
|
950
+2%
|
985
+4%
|
1 044
+6%
|
|
Operating Income | ||||||||||||||||||||||||||||||||||||||||||
Operating Expenses |
(164)
|
(167)
|
(164)
|
(161)
|
(165)
|
(157)
|
(171)
|
(171)
|
(171)
|
(170)
|
(172)
|
(172)
|
(175)
|
(175)
|
(177)
|
(184)
|
(185)
|
(192)
|
(195)
|
(199)
|
(205)
|
(207)
|
(207)
|
(204)
|
(204)
|
(226)
|
(218)
|
(226)
|
(229)
|
(231)
|
(236)
|
(240)
|
(247)
|
(252)
|
(258)
|
(255)
|
(248)
|
(244)
|
(240)
|
(254)
|
(280)
|
|
Selling, General & Administrative |
(130)
|
(131)
|
(131)
|
(128)
|
(130)
|
(133)
|
(134)
|
(135)
|
(136)
|
(136)
|
(137)
|
(138)
|
(141)
|
(140)
|
(142)
|
(146)
|
(145)
|
(151)
|
(153)
|
(156)
|
(162)
|
(164)
|
(157)
|
(155)
|
(160)
|
(162)
|
(172)
|
(180)
|
(184)
|
(186)
|
(191)
|
(196)
|
(203)
|
(208)
|
(215)
|
(214)
|
(208)
|
(206)
|
(202)
|
(213)
|
(227)
|
|
Depreciation & Amortization |
(34)
|
(34)
|
(33)
|
(33)
|
(35)
|
(36)
|
(37)
|
(37)
|
(35)
|
(35)
|
(34)
|
(33)
|
(34)
|
(35)
|
(36)
|
(38)
|
(40)
|
(41)
|
(42)
|
(42)
|
(43)
|
(43)
|
(44)
|
(44)
|
(45)
|
(46)
|
(46)
|
(46)
|
(45)
|
(44)
|
(45)
|
(45)
|
(44)
|
(44)
|
(43)
|
(41)
|
(40)
|
(38)
|
(38)
|
(40)
|
(53)
|
|
Other Operating Expenses |
0
|
(3)
|
0
|
0
|
0
|
12
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(6)
|
(6)
|
0
|
(18)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
Operating Income |
158
N/A
|
152
-4%
|
148
-2%
|
137
-7%
|
125
-9%
|
143
+15%
|
131
-9%
|
145
+11%
|
161
+11%
|
164
+2%
|
166
+2%
|
160
-4%
|
157
-2%
|
169
+8%
|
177
+5%
|
171
-4%
|
169
-1%
|
162
-4%
|
160
-1%
|
179
+12%
|
188
+5%
|
188
+0%
|
182
-3%
|
205
+13%
|
228
+11%
|
261
+15%
|
385
+47%
|
497
+29%
|
601
+21%
|
715
+19%
|
827
+16%
|
851
+3%
|
871
+2%
|
893
+3%
|
815
-9%
|
793
-3%
|
739
-7%
|
691
-6%
|
710
+3%
|
731
+3%
|
765
+5%
|
|
Pre-Tax Income | ||||||||||||||||||||||||||||||||||||||||||
Interest Income Expense |
(7)
|
(7)
|
(8)
|
(8)
|
(6)
|
(8)
|
(6)
|
(7)
|
(6)
|
(6)
|
(13)
|
(13)
|
(25)
|
(36)
|
(38)
|
(39)
|
(20)
|
(17)
|
(16)
|
(18)
|
(22)
|
(31)
|
(22)
|
(21)
|
(18)
|
(18)
|
(15)
|
(12)
|
(7)
|
(4)
|
(2)
|
(1)
|
9
|
6
|
34
|
42
|
37
|
48
|
34
|
37
|
54
|
|
Non-Reccuring Items |
(3)
|
0
|
11
|
11
|
12
|
0
|
0
|
(3)
|
(7)
|
(7)
|
(5)
|
(2)
|
0
|
(3)
|
(4)
|
(2)
|
0
|
3
|
3
|
(0)
|
1
|
20
|
20
|
20
|
0
|
0
|
(19)
|
34
|
55
|
61
|
61
|
8
|
(7)
|
(12)
|
7
|
6
|
59
|
61
|
41
|
46
|
7
|
|
Gain/Loss on Disposition of Assets |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
Total Other Income |
(0)
|
(0)
|
(0)
|
(0)
|
1
|
2
|
3
|
3
|
(2)
|
(1)
|
(1)
|
(1)
|
(5)
|
(4)
|
(4)
|
(3)
|
2
|
2
|
2
|
2
|
(0)
|
1
|
3
|
3
|
(1)
|
1
|
(7)
|
(10)
|
(7)
|
(7)
|
1
|
4
|
3
|
14
|
14
|
13
|
10
|
9
|
6
|
5
|
(5)
|
|
Pre-Tax Income |
148
N/A
|
144
-2%
|
151
+5%
|
140
-7%
|
132
-6%
|
138
+5%
|
128
-7%
|
138
+8%
|
146
+6%
|
150
+3%
|
147
-2%
|
143
-3%
|
127
-11%
|
126
-1%
|
131
+5%
|
127
-4%
|
150
+19%
|
150
N/A
|
149
-1%
|
162
+9%
|
166
+2%
|
178
+7%
|
183
+3%
|
208
+13%
|
209
+1%
|
244
+16%
|
345
+41%
|
509
+48%
|
641
+26%
|
766
+19%
|
886
+16%
|
862
-3%
|
876
+2%
|
900
+3%
|
870
-3%
|
853
-2%
|
845
-1%
|
809
-4%
|
791
-2%
|
820
+4%
|
820
+0%
|
|
Net Income | ||||||||||||||||||||||||||||||||||||||||||
Tax Provision |
(46)
|
(45)
|
(53)
|
(46)
|
(43)
|
(46)
|
(40)
|
(46)
|
(48)
|
(46)
|
(45)
|
(43)
|
(50)
|
(46)
|
(45)
|
(40)
|
(31)
|
(33)
|
(31)
|
(35)
|
(35)
|
(40)
|
(42)
|
(50)
|
(55)
|
(63)
|
(89)
|
(134)
|
(166)
|
(198)
|
(228)
|
(218)
|
(223)
|
(231)
|
(224)
|
(224)
|
(221)
|
(211)
|
(207)
|
(206)
|
(205)
|
|
Income from Continuing Operations |
103
|
100
|
99
|
95
|
88
|
92
|
87
|
92
|
98
|
104
|
103
|
101
|
77
|
80
|
86
|
87
|
120
|
117
|
118
|
127
|
131
|
138
|
141
|
157
|
154
|
181
|
256
|
376
|
475
|
568
|
658
|
644
|
653
|
670
|
646
|
629
|
624
|
598
|
584
|
614
|
615
|
|
Income to Minority Interest |
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(0)
|
(1)
|
(0)
|
0
|
(1)
|
(0)
|
(1)
|
(1)
|
(1)
|
(2)
|
(2)
|
(2)
|
(4)
|
(4)
|
(4)
|
(5)
|
(5)
|
(5)
|
(5)
|
(4)
|
(5)
|
(6)
|
(6)
|
(7)
|
(5)
|
(4)
|
(4)
|
(5)
|
(6)
|
(6)
|
(8)
|
(7)
|
(8)
|
(10)
|
(10)
|
(13)
|
|
Equity Earnings Affiliates |
0
|
0
|
0
|
(2)
|
0
|
3
|
2
|
5
|
2
|
(2)
|
(1)
|
(3)
|
(2)
|
(11)
|
(11)
|
(14)
|
(13)
|
(18)
|
(23)
|
(23)
|
(25)
|
(15)
|
(18)
|
(21)
|
(10)
|
(6)
|
2
|
10
|
(0)
|
2
|
8
|
6
|
10
|
9
|
5
|
1
|
(15)
|
(22)
|
(24)
|
(18)
|
2
|
|
Net Income (Common) |
102
N/A
|
99
-3%
|
98
-1%
|
92
-6%
|
88
-4%
|
95
+8%
|
89
-6%
|
97
+9%
|
100
+3%
|
101
+1%
|
101
0%
|
97
-4%
|
86
-12%
|
80
-7%
|
85
+7%
|
83
-2%
|
105
+25%
|
96
-8%
|
91
-5%
|
100
+10%
|
101
+1%
|
118
+17%
|
118
N/A
|
131
+12%
|
140
+6%
|
170
+22%
|
251
+47%
|
379
+51%
|
469
+24%
|
564
+20%
|
662
+17%
|
645
-2%
|
658
+2%
|
673
+2%
|
644
-4%
|
623
-3%
|
603
-3%
|
568
-6%
|
550
-3%
|
586
+7%
|
605
+3%
|
|
EPS (Diluted) |
0.9
N/A
|
0.87
-3%
|
0.86
-1%
|
0.81
-6%
|
0.77
-5%
|
0.84
+9%
|
0.78
-7%
|
0.85
+9%
|
0.87
+2%
|
0.88
+1%
|
0.88
N/A
|
0.84
-5%
|
0.74
-12%
|
0.69
-7%
|
0.74
+7%
|
0.72
-3%
|
0.91
+26%
|
0.85
-7%
|
0.81
-5%
|
0.89
+10%
|
0.9
+1%
|
1.05
+17%
|
1.05
N/A
|
1.17
+11%
|
1.24
+6%
|
1.51
+22%
|
2.22
+47%
|
3.34
+50%
|
4.12
+23%
|
4.95
+20%
|
5.84
+18%
|
5.71
-2%
|
5.82
+2%
|
5.97
+3%
|
5.65
-5%
|
5.46
-3%
|
5.3
-3%
|
4.99
-6%
|
4.83
-3%
|
5.15
+7%
|
5.31
+3%
|