Mueller Industries Inc (MLI)
Pretax 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Earnings before tax but after interest (EBT) (ttm) | US$ in thousands | 820,462 | 820,125 | 791,316 | 809,348 | 845,232 | 853,305 | 870,174 | 900,142 | 876,031 | 861,931 | 885,783 | 765,814 | 641,139 | 509,249 | 344,427 | 243,627 | 209,189 | 207,672 | 183,445 | 178,239 |
| 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 |
| Pretax margin | 21.77% | 22.92% | 23.28% | 24.53% | 24.71% | 23.93% | 23.58% | 22.83% | 22.00% | 21.22% | 21.61% | 19.33% | 17.01% | 14.60% | 11.02% | 9.32% | 8.72% | 9.16% | 8.13% | 7.36% |
December 31, 2024 calculation
Pretax margin = EBT (ttm) ÷ Revenue (ttm)
= $820,462K ÷ $3,768,766K
= 21.77%
Mueller Industries Inc's pretax margin has shown a generally increasing trend from March 2020 to December 2023, with fluctuations in the range of 7.36% to 24.71%. The pretax margin experienced significant growth between March 2020 and December 2023, reflecting improving profitability before accounting for taxes.
However, from March 2024 to December 2024, there was a slight decrease in the pretax margin from 24.53% to 21.77%. This decline might signify possible challenges or changes in the company's operations or financial performance during the period.
Overall, Mueller Industries Inc's pretax margin performance indicates a strong profitability position, with room for monitoring any potential fluctuations to ensure sustained financial health and performance in the future.
Peer comparison
Dec 31, 2024