Mueller Industries Inc (MLI)
Profitability ratios
Return on sales
| 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross profit margin | 27.71% | 27.28% | 27.69% | 28.08% | 28.58% | 29.38% | 29.08% | 28.39% | 27.44% | 26.24% | 25.32% | 23.88% | 22.03% | 20.72% | 19.30% | 18.65% | 18.01% | 17.82% | 17.00% | 16.06% |
| Operating profit margin | 20.44% | 20.56% | 20.89% | 21.54% | 22.11% | 22.75% | 22.64% | 22.32% | 21.69% | 20.82% | 21.31% | 19.59% | 17.40% | 15.73% | 12.30% | 10.68% | 10.25% | 9.94% | 8.97% | 8.32% |
| 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% |
| 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% |
Mueller Industries Inc has shown a consistent improvement in its profitability ratios over the years. The gross profit margin has seen steady growth, increasing from 16.06% in March 2020 to 27.71% in December 2024. This indicates the company's ability to efficiently manage its production costs and generate higher profits on sales.
Similarly, the operating profit margin has shown a positive trend, rising from 8.32% in March 2020 to 20.44% in December 2024. This reflects the company's effectiveness in controlling its operating expenses and operating income generation.
The pretax margin has also increased consistently, from 7.36% in March 2020 to 21.77% in December 2024. This growth indicates Mueller Industries' ability to generate higher earnings before taxes relative to its total revenue.
Furthermore, the net profit margin has also improved over the years, increasing from 4.86% in March 2020 to 16.05% in December 2024. This demonstrates the company's efficiency in managing its expenses and generating profits for its shareholders.
Overall, the upward trend in profitability ratios reflects Mueller Industries Inc's strong performance and effective management of its financial resources.
Return on investment
| 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating return on assets (Operating ROA) | 23.41% | 22.95% | 23.16% | 24.56% | 27.41% | 30.45% | 32.42% | 35.49% | 38.52% | 40.07% | 42.68% | 39.88% | 37.93% | 31.74% | 21.49% | 16.43% | 16.08% | 15.86% | 15.29% | 13.94% |
| Return on assets (ROA) | 18.38% | 18.29% | 17.95% | 19.63% | 21.85% | 23.37% | 25.01% | 27.15% | 29.36% | 30.57% | 32.31% | 28.97% | 27.10% | 21.95% | 14.03% | 10.02% | 9.13% | 9.24% | 8.89% | 8.14% |
| Return on total capital | 29.60% | 30.66% | 31.13% | 33.43% | 36.21% | 38.46% | 41.13% | 45.89% | 48.93% | 53.05% | 58.75% | 56.54% | 53.56% | 47.52% | 38.62% | 31.12% | 26.96% | 29.18% | 28.33% | 28.94% |
| Return on equity (ROE) | 21.81% | 21.90% | 21.62% | 23.43% | 25.79% | 28.03% | 30.45% | 34.31% | 36.76% | 39.69% | 43.79% | 41.14% | 38.34% | 34.25% | 26.55% | 20.23% | 17.96% | 18.29% | 17.54% | 18.22% |
Mueller Industries Inc's profitability ratios have shown a generally positive trend over the past few years, although there has been some variation in performance.
- Operating return on assets (Operating ROA) has been on an upward trajectory from 13.94% in March 2020 to a peak of 42.68% in June 2022, before slightly declining to 23.41% in December 2024. This indicates an improvement in the company's ability to generate operating profits from its assets.
- Return on assets (ROA) followed a similar pattern, increasing steadily from 8.14% in March 2020 to 32.31% in June 2022, then decreasing to 18.38% in December 2024. This suggests that the company has been effectively utilizing its assets to generate profits.
- Return on total capital exhibited a notable growth trend, reaching a peak of 58.75% in June 2022, but then declining to 29.60% by December 2024. This ratio reflects the company's ability to generate returns for both debt and equity investors.
- Return on equity (ROE) also demonstrated a positive trend, climbing from 18.22% in March 2020 to 43.79% in June 2022, before falling to 21.81% in December 2024. ROE indicates the company's profitability relative to shareholders' equity.
Overall, while there have been fluctuations in profitability ratios, Mueller Industries Inc has shown a strong performance in generating returns for both its assets and equity investors over the analyzed period.