Mueller Industries Inc (MLI)
Net profit margin
| Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 | Sep 30, 2020 | Jun 30, 2020 | Mar 31, 2020 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net income (ttm) | US$ in thousands | 604,879 | 586,465 | 550,475 | 568,021 | 602,897 | 622,565 | 644,398 | 673,239 | 658,316 | 645,011 | 661,449 | 563,729 | 468,520 | 379,339 | 251,061 | 170,185 | 139,493 | 131,243 | 117,634 | 117,664 |
| Revenue (ttm) | US$ in thousands | 3,768,766 | 3,577,607 | 3,399,568 | 3,298,807 | 3,420,345 | 3,565,549 | 3,690,587 | 3,943,643 | 3,982,451 | 4,061,227 | 4,098,645 | 3,961,195 | 3,769,343 | 3,488,837 | 3,125,694 | 2,613,272 | 2,398,043 | 2,266,031 | 2,255,528 | 2,421,754 |
| Net profit margin | 16.05% | 16.39% | 16.19% | 17.22% | 17.63% | 17.46% | 17.46% | 17.07% | 16.53% | 15.88% | 16.14% | 14.23% | 12.43% | 10.87% | 8.03% | 6.51% | 5.82% | 5.79% | 5.22% | 4.86% |
December 31, 2024 calculation
Net profit margin = Net income (ttm) ÷ Revenue (ttm)
= $604,879K ÷ $3,768,766K
= 16.05%
Mueller Industries Inc's net profit margin has shown a generally increasing trend over the past few years, starting at 4.86% in March 2020 and reaching 16.05% by December 2024. The company experienced fluctuations in the net profit margin, with some quarters showing significant improvements while others were relatively stable or slightly lower.
The net profit margin is a key profitability ratio that indicates the percentage of each dollar of revenue that translates into profit after all expenses have been deducted. Mueller Industries Inc has managed to enhance its net profit margin consistently, reflecting effective cost management, revenue growth, or a combination of both.
The peak net profit margin of 17.63% in December 2023 indicates that Mueller Industries Inc was able to generate significant profits relative to its revenue during that quarter. However, the slight decline in the margin towards the end of 2024, decreasing from 17.63% to 16.05%, might suggest a potential need for the company to focus on maintaining or improving profitability in the upcoming periods.
Overall, the increasing trend in net profit margin for Mueller Industries Inc signifies the company's ability to generate profits efficiently over time, but it is essential for them to continue monitoring and managing their expenses and revenues to sustain or improve profitability in the future.
Peer comparison
Dec 31, 2024