MLI Mueller Industries margins

Relative Growth: Rel. Growth: 82

Relative Strength: Rel. Strength: 35

Relative Valuation: Rel. Valuation: 78

Relative Profitability: Rel. Profitability: 77

Gross margin

27.3%

Operating margin

20.7%

EBITDA margin

24.4%

Net margin

17.3%

Using the latest TTM figures, Mueller Industries shows a gross margin of 27.3%, an operating margin of 20.7%, an EBITDA margin of 24.4%, and a net margin of 17.3%. The company's available margins all declined, with operating margin recording the strongest contraction of 2.4 percentage points.

MLI margin history

Gross, operating, EBITDA and net margin trends

Looking back over the last 3 years, Mueller Industries recorded average margins of 28.39% gross, 21.66% operating, 24.68% EBITDA, and 17.34% net. Compared with their three-year averages, all four current margins are lower.

MLI margin expansion

Year-over-year margin changes in percentage points

Operating margin led the decline, falling by 2.4 percentage points, while the other available margins also decreased.

Gross margin expansion

-2.2pp

Operating margin expansion

-2.4pp

EBITDA margin expansion

-1.5pp

Net margin expansion

-0.8pp

MLI Gross margin

Looking at the last 3 years, Mueller Industries had an average gross margin of 28.39%. Mueller Industries's current gross margin is 27.3% and is 1.1 percentage points below its three-year average. Looking back over the last 3 years, Mueller Industries's gross margin reached 29.7% at its highest point in Mar 2026 and 27.3% at its lowest in Sep 2026.

MLI Operating margin

Across the last 3 years, Mueller Industries's operating margin averaged 21.66%. The latest operating margin for Mueller Industries is 20.7%, 1 percentage points below its three-year average. Operating margin was highest at 23.4% in Mar 2026 and lowest at 20.2% in Mar 2025.

MLI EBITDA margin

Across the last 3 years, Mueller Industries's EBITDA margin averaged 24.68%. The current EBITDA margin of 24.4% is 0.3 percentage points below its three-year average. EBITDA margin was highest at 27.2% in Mar 2026 and lowest at 22.7% in Mar 2025.

MLI Net margin

Mueller Industries recorded an average net margin of 17.34% across the last 3 years. Mueller Industries's current net margin is 17.3% and is 0 percentage points below its three-year average. The net margin for Mueller Industries moved between 15.9% in Mar 2025 and 19.4% in Mar 2026.

MLI margin group comparison

Margins compared with peer-group, industry and sector averages

With a gross margin of 27.3%, MLI stands above the industry average but below the Industrials sector average. In comparison with its Industrials sector average of 32.5%, Mueller Industries's gross margin is 16% lower.

MLI margin peer comparison

Compare margins with selected peers

Frequently asked questions

What is Mueller Industries's gross margin?

The current gross margin for MLI is 27.3% as of Sep 26, 2026.

What is Mueller Industries's operating margin?

As of Sep 26, 2026, MLI has an operating margin of 20.7%.

What is Mueller Industries's EBITDA margin?

The current EBITDA margin for MLI is 24.4% as of Sep 26, 2026.

What is Mueller Industries's net margin?

The current net margin for MLI is 17.3% as of Sep 26, 2026.

What are the average margins of MLI?

The three-year average margins for MLI were 28.4% gross, 21.7% operating, 24.7% EBITDA, and 17.3% net.

What are the highest historical margins of MLI?

In the last 5 years, the highest margins reported by MLI were 29.7% gross in Mar 2026, 23.4% operating in Mar 2026, 27.2% EBITDA in Mar 2026, and 19.4% net in Mar 2026.

What are the lowest historical margins of MLI?

Over the last 5 years, Mueller Industries's lowest margins were 22% gross in Dec 2021, 17.4% operating in Dec 2021, 18.2% EBITDA in Dec 2021, and 12.4% net in Dec 2021.