Mueller Industries Inc (MLI)
Operating profit margin
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Operating income | US$ in thousands | 770,389 | 756,053 | 877,149 | 655,845 | 245,838 |
| Revenue | US$ in thousands | 3,768,770 | 3,420,340 | 3,982,460 | 3,769,340 | 2,398,040 |
| Operating profit margin | 20.44% | 22.10% | 22.03% | 17.40% | 10.25% |
December 31, 2024 calculation
Operating profit margin = Operating income ÷ Revenue
= $770,389K ÷ $3,768,770K
= 20.44%
Mueller Industries Inc's operating profit margin has shown a positive trend over the past five years. Starting at 10.25% on December 31, 2020, the margin has increased consistently to reach 20.44% on December 31, 2024. This indicates that the company has been able to effectively control its operating expenses relative to its revenue, which is a positive sign of efficiency and profitability. The peak operating profit margin of 22.10% on December 31, 2023 demonstrates strong operational performance. Overall, the increasing trend in operating profit margin reflects positively on Mueller Industries Inc's ability to generate profits from its core business operations.
Peer comparison
Dec 31, 2024