Mueller Historical Income Statement
| MLI Stock | USD 87.90 3.80 4.14% |
Historical analysis of Mueller Industries income statement accounts such as Gross Profit of 992.1 M can show how well Mueller Industries performed in making a profits. Evaluating Mueller Industries income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Mueller Industries's future profits or losses.
Financial Statement Analysis is much more than just reviewing and examining Mueller Industries latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Mueller Industries is a good buy for the upcoming year.
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About Mueller Income Statement Analysis
Mueller Industries Income Statement consists of revenues and expenses along with the resulting net income or loss. It represents the profit for the accounting period attributable to Mueller Industries shareholders. The income statement also shows Mueller investors and management if the firm made money during the period reported. The result of an income statement is the net income that is calculated after subtracting the expenses from revenue. It is essential to investors both as an absolute measure as well as earnings per share (i.e., EPS).
Mueller Industries Income Statement Chart
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Total Revenue
Total revenue comprises all receipts Mueller Industries generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.Gross Profit
Gross profit is a required income statement account that reflects total revenue of Mueller Industries minus its cost of goods sold. It is profit before Mueller Industries operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.Other Operating Expenses
Other Operating Expenses is the expense which generally does not depend on sales or production quantities of Mueller Industries. It is also known as Mueller Industries overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. Expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production.Cost Of Revenue
Cost of Revenue is found on Mueller Industries income statement and represents the costs associated with goods and services Mueller Industries provides. Indirect cost, such as salaries, is not included. In other words, cost of revenue is the total cost incurred to obtain a sale. It is more than the traditional cost of goods sold, since it includes specific selling and marketing activities.Tax Provision
The amount set aside by a company to cover any estimated taxes for the current period. It reflects the company's expected tax liabilities.Most accounts from Mueller Industries' income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Mueller Industries current financial condition. On the other hand, looking into the entire matrix of income statement accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Mueller Industries. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis. For more detail on how to invest in Mueller Stock please use our How to Invest in Mueller Industries guide.As of now, Mueller Industries' EBITDA is increasing as compared to previous years. The Mueller Industries' current Income Before Tax is estimated to increase to about 887.5 M, while Depreciation And Amortization is projected to decrease to under 36.6 M.
| 2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 830.4M | 1.1B | 944.8M | 992.1M | Total Revenue | 3.8B | 4.0B | 3.4B | 1.9B |
Mueller Industries income statement Correlations
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Mueller Industries Account Relationship Matchups
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Mueller Industries income statement Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Depreciation And Amortization | 42.7M | 44.8M | 45.4M | 43.7M | 40.0M | 36.6M | |
| Interest Expense | 25.7M | 19.2M | 7.7M | 810K | 1.2M | 1.2M | |
| Total Revenue | 2.4B | 2.4B | 3.8B | 4.0B | 3.4B | 1.9B | |
| Gross Profit | 395.0M | 431.9M | 830.4M | 1.1B | 944.8M | 992.1M | |
| Other Operating Expenses | 2.2B | 2.2B | 3.2B | 3.1B | 2.7B | 1.7B | |
| Operating Income | 191.4M | 245.8M | 655.8M | 877.1M | 756.1M | 793.9M | |
| Ebit | 191.6M | 228.4M | 602.8M | 876.8M | 846.5M | 888.8M | |
| Ebitda | 234.3M | 273.3M | 648.2M | 920.6M | 886.4M | 930.7M | |
| Cost Of Revenue | 2.0B | 2.0B | 2.9B | 2.9B | 2.5B | 1.6B | |
| Total Operating Expenses | 205.4M | 208.8M | 234.5M | 248.1M | 208.2M | 160.1M | |
| Income Before Tax | 166.1M | 209.2M | 641.1M | 876.0M | 845.2M | 887.5M | |
| Total Other Income Expense Net | (25.3M) | (36.6M) | (14.7M) | (1.1M) | 89.2M | 93.6M | |
| Net Income | 101.0M | 139.5M | 468.5M | 658.3M | 602.9M | 633.0M | |
| Income Tax Expense | 35.3M | 55.3M | 165.9M | 223.3M | 220.8M | 231.8M | |
| Selling General Administrative | 161.4M | 159.5M | 184.1M | 203.1M | 208.2M | 133.2M | |
| Net Income Applicable To Common Shares | 101.0M | 139.5M | 468.5M | 658.3M | 757.1M | 794.9M | |
| Minority Interest | 5.3M | 4.2M | (6.6M) | (4.5M) | (6.8M) | (6.4M) | |
| Net Income From Continuing Ops | 130.8M | 153.9M | 475.1M | 662.8M | 609.6M | 640.1M | |
| Non Operating Income Net Other | (8.7M) | (22.9M) | (5.3M) | (2.1M) | (1.9M) | (2.0M) | |
| Tax Provision | 35.3M | 55.3M | 165.9M | 223.3M | 220.8M | 231.8M | |
| Interest Income | 722K | 19.2M | 7.7M | 810K | 38.2M | 40.1M | |
| Net Interest Income | (25.0M) | (19.2M) | (7.7M) | (810K) | 37.0M | 38.8M | |
| Reconciled Depreciation | 42.7M | 44.8M | 45.7M | 44.1M | 40.0M | 45.7M |
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When determining whether Mueller Industries offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Mueller Industries' financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Mueller Industries Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Mueller Industries Stock:Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Mueller Industries. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis. For more detail on how to invest in Mueller Stock please use our How to Invest in Mueller Industries guide.You can also try the My Watchlist Analysis module to analyze my current watchlist and to refresh optimization strategy. Macroaxis watchlist is based on self-learning algorithm to remember stocks you like.
Is Industrial Machinery & Supplies & Components space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Mueller Industries. If investors know Mueller will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Mueller Industries listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 0.265 | Dividend Share 0.75 | Earnings Share 5.14 | Revenue Per Share 32.118 | Quarterly Revenue Growth 0.217 |
The market value of Mueller Industries is measured differently than its book value, which is the value of Mueller that is recorded on the company's balance sheet. Investors also form their own opinion of Mueller Industries' value that differs from its market value or its book value, called intrinsic value, which is Mueller Industries' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Mueller Industries' market value can be influenced by many factors that don't directly affect Mueller Industries' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Mueller Industries' value and its price as these two are different measures arrived at by different means. Investors typically determine if Mueller Industries is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Mueller Industries' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.