The financials
Mueller Industries, Inc. by the numbers
Mueller Industries, Inc. (MLI) reported revenue of $1.43B in Q2 2026 (quarter ended June 27, 2026), up 25% from the same quarter a year earlier. That came with a gross margin of 28% and net income of $250M (17% of revenue). For the full year FY2025, revenue was $4.18B (+11% year on year) and net income $765M. Its largest product in 2026-Q2 was Tube And Fittings at $794M, 84% of the disclosed total, just ahead of Valves And Plumbing Specialties at 16%.
| Income statement | Q2 2026 | Q2 2025 | Change |
|---|---|---|---|
| Revenue | $1.43B | $1.14B | +25% |
| Gross profit | $395M | $353M | +12% |
| Operating income | $310M | $304M | +1.9% |
| Net income | $250M | $246M | +1.5% |
| Diluted EPS | $1.13 | $1.11 | +1.8% |
| Product | Revenue | Share |
|---|---|---|
| Tube And Fittings | $794M | 84% |
| Valves And Plumbing Specialties | $152M | 16% |
Business Segments
Revenue split by product segment, from SEC XBRL filings.
Latest period: Q2 2026Total $946.6M (+24%)
Tube And Fittings grew +29% year on yearValves And Plumbing Specialties +19% year on year
Segment Latestquarter on quarteryear on year
- Tube And Fittings$794.2M$794.2MQoQ +28%year on year +29%+28%+29%
- Valves And Plumbing Specialties$152.4M$152.4MQoQ +9.0%year on year +19%+9.0%+19%
- Brass Rod And Forgings$0.00$0.00QoQ -year on year ---
- Flex Duct And Other HVAC Components$0.00$0.00QoQ -year on year ---
- OEM Components Tube And Assemblies$0.00$0.00QoQ -year on year ---
- Other Products$0.00$0.00QoQ -year on year ---