Mueller Industries Gross Margin Growth & History (MLI)
Mueller Industries's gross margin was 29.02% for fiscal 2025.
View full Mueller Industries company overviewMueller Industries annual gross margin history
| Fiscal year | Period ended | Gross margin | Change (percentage points) |
|---|---|---|---|
| 2025 | 2025-12-27 | 29.02% | +1.30 pp |
| 2024 | 2024-12-28 | 27.71% | −1.14 pp |
| 2023 | 2023-12-30 | 28.85% | +0.79 pp |
| 2022 | 2022-12-31 | 28.06% | +6.03 pp |
| 2021 | 2021-12-25 | 22.03% | +4.02 pp |
| 2020 | 2020-12-26 | 18.01% | +1.76 pp |
| 2019 | 2019-12-28 | 16.25% | +2.00 pp |
| 2018 | 2018-12-29 | 14.25% | −0.11 pp |
| 2017 | 2017-12-30 | 14.36% | −1.79 pp |
| 2016 | 2016-12-31 | 16.16% | +2.33 pp |
| 2015 | 2015-12-26 | 13.82% | +0.27 pp |
| 2014 | 2014-12-27 | 13.56% | −0.18 pp |
| 2013 | 2013-12-28 | 13.73% | +0.70 pp |
| 2012 | 2012-12-29 | 13.04% | +0.54 pp |
| 2011 | 2011-12-31 | 12.50% | −1.34 pp |
| 2010 | 2010-12-25 | 13.84% | −0.40 pp |
| 2009 | 2009-12-26 | 14.23% | +1.52 pp |
| 2008 | 2008-12-27 | 12.72% | — |
Mueller Industries quarterly gross margin
| Fiscal quarter | Period ended | Gross margin | Change (percentage points) |
|---|---|---|---|
| Q2 2026 | 2026-06-27 | 27.69% | −3.33 pp |
| Q1 2026 | 2026-03-28 | 30.05% | +2.85 pp |
| Q4 2025 | 2025-12-27 | 25.75% | −1.90 pp |
| Q3 2025 | 2025-09-27 | 31.51% | +3.92 pp |
| Q2 2025 | 2025-06-28 | 31.01% | +3.68 pp |
| Q1 2025 | 2025-03-29 | 27.19% | −1.17 pp |
| Q4 2024 | 2024-12-28 | 27.65% | +0.89 pp |
| Q3 2024 | 2024-09-28 | 27.60% | −1.77 pp |
| Q2 2024 | 2024-06-29 | 27.34% | −1.39 pp |
| Q1 2024 | 2024-03-30 | 28.36% | −1.75 pp |
| Q4 2023 | 2023-12-30 | 26.76% | −2.50 pp |
| Q3 2023 | 2023-09-30 | 29.37% | +1.19 pp |
| Q2 2023 | 2023-07-01 | 28.73% | +0.11 pp |
| Q1 2023 | 2023-04-01 | 30.11% | +3.82 pp |
| Q4 2022 | 2022-12-31 | 29.26% | +5.24 pp |
| Q3 2022 | 2022-09-24 | 28.17% | +3.95 pp |
| Q2 2022 | 2022-06-25 | 28.62% | +7.60 pp |
| Q1 2022 | 2022-03-26 | 26.29% | +7.99 pp |
| Q4 2021 | 2021-12-25 | 24.02% | +5.92 pp |
| Q3 2021 | 2021-09-25 | 24.23% | +5.12 pp |
| Q2 2021 | 2021-06-26 | 21.02% | +1.63 pp |
| Q1 2021 | 2021-03-27 | 18.30% | +2.68 pp |
| Q4 2020 | 2020-12-26 | 18.10% | +0.75 pp |
| Q3 2020 | 2020-09-26 | 19.11% | +3.04 pp |
| Q2 2020 | 2020-06-27 | 19.40% | +4.02 pp |
| Q1 2020 | 2020-03-28 | 15.62% | −0.78 pp |
| Q4 2019 | 2019-12-28 | 17.35% | +2.12 pp |
| Q3 2019 | 2019-09-28 | 16.07% | +3.84 pp |
| Q2 2019 | 2019-06-29 | 15.37% | +0.44 pp |
| Q1 2019 | 2019-03-30 | 16.41% | +1.66 pp |
| Q4 2018 | 2018-12-29 | 15.23% | +2.45 pp |
| Q3 2018 | 2018-09-29 | 12.23% | −2.14 pp |
| Q2 2018 | 2018-06-30 | 14.93% | +0.29 pp |
| Q1 2018 | 2018-03-31 | 14.75% | −0.74 pp |
| Q4 2017 | 2017-12-30 | 12.78% | −3.32 pp |
| Q3 2017 | 2017-09-30 | 14.37% | −1.80 pp |
| Q2 2017 | 2017-07-01 | 14.64% | −1.53 pp |
| Q1 2017 | 2017-04-01 | 15.49% | −0.69 pp |
| Q4 2016 | 2016-12-31 | 16.10% | +3.25 pp |
| Q3 2016 | 2016-10-01 | 16.17% | +3.46 pp |
| Q2 2016 | 2016-07-02 | 16.18% | +0.84 pp |
| Q1 2016 | 2016-04-02 | 16.17% | +1.95 pp |
| Q4 2015 | 2015-12-26 | 12.85% | +0.11 pp |
| Q3 2015 | 2015-09-26 | 12.71% | −0.82 pp |
| Q2 2015 | 2015-06-27 | 15.34% | +1.19 pp |
| Q1 2015 | 2015-03-28 | 14.22% | +0.54 pp |
| Q4 2014 | 2014-12-27 | 12.74% | −0.77 pp |
| Q3 2014 | 2014-09-27 | 13.53% | −0.19 pp |
| Q2 2014 | 2014-06-28 | 14.15% | +0.21 pp |
| Q1 2014 | 2014-03-29 | 13.68% | −0.05 pp |
| Q4 2013 | 2013-12-28 | 13.51% | +0.56 pp |
| Q3 2013 | 2013-09-28 | 13.72% | +1.18 pp |
| Q2 2013 | 2013-06-29 | 13.94% | +1.95 pp |
| Q1 2013 | 2013-03-30 | 13.73% | −0.90 pp |
| Q4 2012 | 2012-12-29 | 12.95% | +0.04 pp |
| Q3 2012 | 2012-09-29 | 12.53% | +1.98 pp |
| Q2 2012 | 2012-06-30 | 11.99% | −0.11 pp |
| Q1 2012 | 2012-03-31 | 14.63% | +0.40 pp |
| Q4 2011 | 2011-12-31 | 12.91% | −0.26 pp |
| Q3 2011 | 2011-10-01 | 10.55% | −3.18 pp |
| Q2 2011 | 2011-07-02 | 12.11% | −1.54 pp |
| Q1 2011 | 2011-04-02 | 14.22% | −0.66 pp |
| Q4 2010 | 2010-12-25 | 13.17% | — |
| Q3 2010 | 2010-09-25 | 13.73% | −1.95 pp |
| Q2 2010 | 2010-06-26 | 13.65% | −1.16 pp |
| Q1 2010 | 2010-03-27 | 14.88% | — |
| Q3 2009 | 2009-09-26 | 15.68% | — |
| Q2 2009 | 2009-06-27 | 14.80% | — |
Mueller Industries gross margin trends
Over the last five fiscal years, Mueller Industries's gross margin increased from 18.01% to 29.02%, a change of +11.01 percentage points. The latest reported quarter, Q2 2026, shows 27.69%.
What gross margin means
Gross margin measures the percentage of revenue remaining after the direct costs of producing goods or services. It helps show how efficiently a company turns sales into gross profit before operating expenses.
How gross margin is calculated
TickerStat calculates gross margin as SEC-reported gross profit divided by SEC-reported revenue for the same fiscal period. Changes are shown in percentage points. Fiscal periods can differ from calendar years, so exact period-end dates are included.
Review Mueller Industries source filings ↗Community posts
Mueller’s sales expand sharply, with higher copper prices driving part of the gain
Mueller Industries ($MLI) reported quarterly revenue of $1.42 billion, compared with $1.08 billion a year earlier. Net income increased to $221.2 million from $208.1 million and operating profit reached $281.6 million, versus $276.1 million ...