Mueller Industries Inc (MLI)
Net profit margin
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Net income | US$ in thousands | 604,879 | 602,897 | 658,316 | 468,520 | 139,493 |
| Revenue | US$ in thousands | 3,768,770 | 3,420,340 | 3,982,460 | 3,769,340 | 2,398,040 |
| Net profit margin | 16.05% | 17.63% | 16.53% | 12.43% | 5.82% |
December 31, 2024 calculation
Net profit margin = Net income ÷ Revenue
= $604,879K ÷ $3,768,770K
= 16.05%
Mueller Industries Inc's net profit margin has shown a positive trend over the years, indicating an improvement in the company's profitability. The margin increased consistently from 5.82% in December 2020 to 16.05% in December 2024. This signifies that the company is effectively managing its costs and expenses relative to its revenue, resulting in a higher percentage of each dollar earned as profit. The upward trajectory suggests stronger operational efficiency and potentially more effective strategic decision-making by the management in enhancing the company's overall financial performance.
Peer comparison
Dec 31, 2024