Mueller Industries Inc (MLI)
Profitability ratios
Return on sales
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | |
|---|---|---|---|---|---|
| Gross profit margin | 27.71% | 28.85% | 28.06% | 22.03% | 18.01% |
| Operating profit margin | 20.44% | 22.10% | 22.03% | 17.40% | 10.25% |
| Pretax margin | 21.77% | 24.71% | 22.00% | 17.01% | 8.72% |
| Net profit margin | 16.05% | 17.63% | 16.53% | 12.43% | 5.82% |
Mueller Industries Inc has shown a consistent improvement in its profitability ratios over the years.
- The Gross Profit Margin has been steadily increasing from 18.01% in 2020 to 27.71% in 2024, indicating the company's ability to efficiently control production costs and increase the percentage of revenue left after deducting the cost of goods sold.
- The Operating Profit Margin has also shown a positive trend, rising from 10.25% in 2020 to 20.44% in 2024. This reflects the company's effectiveness in managing its operating expenses and generating profits from its core business operations.
- The Pretax Margin has demonstrated a significant improvement, increasing from 8.72% in 2020 to 21.77% in 2024. This indicates the company's ability to generate profits before accounting for taxes, reflecting operational efficiency and effective tax management.
- The Net Profit Margin has also displayed a positive trajectory, climbing from 5.82% in 2020 to 16.05% in 2024. This indicates the company's ability to generate profits after all expenses, including taxes, highlighting overall profitability and effective bottom-line performance.
Overall, Mueller Industries Inc has shown consistent growth and improvement in its profitability ratios over the years, reflecting a strong financial performance and efficient management of resources.
Return on investment
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | |
|---|---|---|---|---|---|
| Operating return on assets (Operating ROA) | 23.41% | 27.40% | 39.12% | 37.93% | 16.08% |
| Return on assets (ROA) | 18.38% | 21.85% | 29.36% | 27.10% | 9.13% |
| Return on total capital | 29.60% | 36.21% | 48.96% | 49.33% | 29.41% |
| Return on equity (ROE) | 21.81% | 25.79% | 36.76% | 38.34% | 17.96% |
Mueller Industries Inc has shown a positive trend in profitability ratios over the past five years.
- The Operating Return on Assets (Operating ROA) has improved significantly from 16.08% in 2020 to 39.12% in 2022 before slightly decreasing to 23.41% in 2024. This indicates that the company is efficiently generating operating income from its assets.
- The Return on Assets (ROA) has also seen a similar upward trend, increasing from 9.13% in 2020 to 29.36% in 2022, showing the company's ability to generate profits from its total assets.
- The Return on Total Capital has been strong, starting at 29.41% in 2020 and peaking at 49.33% in 2021 before declining to 29.60% in 2024. This ratio demonstrates the company's profitability in relation to its total capital employed.
- The Return on Equity (ROE) has shown a consistent improvement from 17.96% in 2020 to 36.76% in 2022, reflecting the return generated for shareholders' equity investment. However, the ratio decreased to 21.81% in 2024, indicating a slight decline in profitability relative to shareholders' equity.
Overall, Mueller Industries Inc has demonstrated strong profitability performance over the past five years, with a focus on generating returns for both total assets and shareholders' equity, although some slight fluctuations were observed in the most recent year.