Last $29.13 USD
Change Today -0.01 / -0.03%
Volume 156.3K
MLI On Other Exchanges
Symbol
Exchange
Frankfurt
As of 8:04 PM 04/15/14 All times are local (Market data is delayed by at least 15 minutes).

mueller industries inc (MLI) Snapshot

Open
$29.29
Previous Close
$29.14
Day High
$29.39
Day Low
$28.46
52 Week High
03/7/14 - $32.13
52 Week Low
06/24/13 - $24.05
Market Cap
1.7B
Average Volume 10 Days
187.7K
EPS TTM
$1.53
Shares Outstanding
56.7M
EX-Date
02/27/14
P/E TM
19.0x
Dividend
$0.30
Dividend Yield
0.90%
Current Stock Chart for MUELLER INDUSTRIES INC (MLI)

Related News

No related news articles were found.

mueller industries inc (MLI) Related Businessweek News

No Related Businessweek News Found

mueller industries inc (MLI) Details

Mueller Industries, Inc. manufactures and sells copper, brass, aluminum, and plastic products in the United States, Canada, Mexico, Great Britain, and China. It operates in two segments, Plumbing & Refrigeration and Original Equipment Manufacturers (OEM). The Plumbing & Refrigeration segment offers copper tubes in straight lengths and coils; copper and plastic fittings, line sets, plastic pipes, valves, and related components for use in water distribution systems, heating systems, air-conditioning, and refrigeration applications, as well as for drainage, waste, and vent systems. It also fabricates steel pipe nipples; and resells imported brass and plastic plumbing valves, malleable iron fittings, faucets, and plumbing specialty products to plumbing wholesalers and building materials retailers, as well as to distributors of manufactured housing and recreational vehicle industries. This segment markets its products through its sales offices and distribution centers, and a network of agents. The OEM segment manufactures and sells brass, bronze, and copper alloy rods for applications that require a high degree of machinability, wear and corrosion resistance, and electrical conductivity; brass and aluminum forgings for use in various products, including automotive components, brass fittings, industrial machinery, valve bodies, gear blanks, and computer hardware; and cold-formed aluminum and copper impact extrusions for use in automotive, military ordnance, aerospace, and general manufacturing industries. It also manufactures and fabricates valves and custom OEM products for refrigeration and air-conditioning, gas appliance, and barbecue grill applications; and manufactures shaped and formed tubes for baseboard heating, appliances, and medical instruments. This segment sells its products directly to OEM customers, as well as to other manufacturers and distributors. The company was founded in 1900 and is headquartered in Memphis, Tennessee.

3,925 Employees
Last Reported Date: 02/26/14
Founded in 1900

mueller industries inc (MLI) Top Compensated Officers

Chief Executive Officer and Director
Total Annual Compensation: $748.9K
Chief Financial Officer, Principal Accounting...
Total Annual Compensation: $243.5K
President of Global and Retail Business
Total Annual Compensation: $330.7K
President of Extruded Products
Total Annual Compensation: $275.6K
President of Fabricated Products and HVACR B...
Total Annual Compensation: $271.6K
Compensation as of Fiscal Year 2013.

mueller industries inc (MLI) Key Developments

Mueller Industries Seeks Acquisitions

Mueller Industries Inc. (NYSE:MLI) is looking for acquisitions. Mueller Industries announced that on a broader level, it continues to reassess its global business footprint with a view to improving its return on capital employed and to broadening its capabilities through organic investments and strategic acquisitions.

Mueller Industries Inc. Declares Quarterly Common Stock Dividend, Payable on March 14, 2014

Mueller Industries Inc. declared a regular quarterly cash dividend of 15 cents per share on its common stock. This represents a 20% increase, or two and one half cents per share increase, over previous quarters. The dividend will be payable March 14, 2014, to shareholders of record on March 3, 2014.

Mueller Industries Inc. Reports Unaudited Consolidated Earnings Results for the Fourth Quarter and Full Year Ended December 28, 2013

Mueller Industries Inc. reported unaudited consolidated earnings results for the fourth quarter and full year ended December 28, 2013. For the fourth quarter of 2013, the company recorded net income of $15.4 million, or 54 cents per diluted share, on net sales of $487.7 million, compared with net income of $16.4 million, or 58 cents per diluted share, on net sales of $504.0 million in the fourth quarter of 2012. For the fourth quarter of 2013, cash generated from operations was $58.5 million, ending the year with $311.8 million of cash on hand and a current ratio of 3.8 to 1. Year ending net book value per share was $24.85, of which $11.02 per share was cash. Operating income was $22.037 million compared to $25.544 million a year ago. Income before income taxes were $21.114 million compared to $23.941 million a year ago. Diluted earnings per share were $0.54 compared to $0.58 a year ago. For the year, the company reported net income was $172.6 million, or $6.11 per diluted share, on net sales of $2.16 billion. This compares to fiscal 2012 net income of $82.4 million, or $2.31 per diluted share, on net sales of $2.19 billion. Excluding the unusual items, the company's net income for fiscal 2013 was $86.4 million, or $3.06 per diluted share, compared with $75.9 million, or $2.12 per diluted share, for fiscal 2012. Consequently, the company's earnings attributable to normal operations in 2013 increased by 13.8%, and earnings per diluted share attributable to normal operations increased 44.3%, which was also affected by the repurchase of 10.4 million outstanding shares in September 2012. Operating income was $270.937 million compared to $126.705 million a year ago. Income before income taxes were $271.398 million compared to $120.354 million a year ago. Diluted earnings per share were $6.11 compared to $2.31 a year ago. Net cash provided by operating activities were $128.513 million compared to $108.297 million a year ago. Capital expenditures were $41.349 million compared to $56.825 million a year ago.

 

Stock Quotes

Market data is delayed at least 15 minutes.

Company Lookup
Recently Viewed
MLI:US $29.13 USD -0.01

MLI Competitors

Market data is delayed at least 15 minutes.

Company Last Change
Carpenter Technology Corp $62.95 USD -0.38
Encore Wire Corp $46.21 USD +0.52
Global Brass & Copper Holdings Inc $16.03 USD -0.36
Schnitzer Steel Industries Inc $28.14 USD +0.29
Worthington Industries Inc $36.08 USD 0.00
View Industry Companies
 

Industry Analysis

MLI

Industry Average

Valuation MLI Industry Range
Price/Earnings 9.5x
Price/Sales 0.8x
Price/Book 2.3x
Price/Cash Flow 8.1x
TEV/Sales 0.5x
 | 

Post a JobJobs

View all jobs

Sponsored Financial Commentaries

Sponsored Links

Report Data Issue

To contact MUELLER INDUSTRIES INC, please visit www.muellerindustries.com. Company data is provided by Capital IQ. Please use this form to report any data issues.

Please enter your information in the following field(s):
Update Needed*

All data changes require verification from public sources. Please include the correct value or values and a source where we can verify.

Your requested update has been submitted

Our data partners will research the update request and update the information on this page if necessary. Research and follow-up could take several weeks. If you have questions, you can contact them at bwwebmaster@businessweek.com.