Mueller Industries (MLI) revenue breakdown
By segment, Piping Systems is the largest at 64% of fiscal 2025 revenue; Climate grew fastest, 17% a year over 9 years.
By product, Tube and fittings is the largest at 53% of fiscal 2025 revenue; Brass rod, forgings, wire and cable grew fastest, 27% a year over 1 years.
Revenue by segment
Fiscal years, as Mueller Industries reports them in its 10-K filings; fiscal 2025 total $4.2B.
| Segments | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Share |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Piping Systems | $1.4B | $1.6B | $1.6B | $1.5B | $1.6B | $2.6B | $2.7B | $2.4B | $2.5B | $2.7B | 64% |
| Industrial Metals | $521M | $602M | $651M | $554M | $472M | $703M | $627M | $564M | $803M | $1.0B | 24% |
| Climate | $120M | $131M | $229M | $356M | $370M | $495M | $649M | $501M | $488M | $497M | 12% |
Revenue by product
Fiscal years, as Mueller Industries reports them in its 10-K filings; fiscal 2025 total $4.2B.
| Products | 2023 | 2024 | 2025 | Share |
|---|---|---|---|---|
| Tube and fittings | $1.9B | $2.1B | $2.2B | 53% |
| Brass rod, forgings, wire and cable | — | $696M | $887M | 21% |
| Valves and plumbing specialties | $456M | $450M | $492M | 12% |
| Flex duct and other HVAC components | $380M | $370M | $366M | 9% |
| OEM components, tube & assemblies | $201M | $192M | $210M | 5% |
| Brass rod and forgings | $454M | — | — | — |
Revenue by region
Fiscal years, as Mueller Industries reports them in its 10-K filings; fiscal 2025 total $4.2B.
| Regions | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Share |
|---|---|---|---|---|---|---|---|---|---|
| United States | $1.8B | $1.8B | $1.8B | $2.8B | $3.0B | $2.6B | $2.8B | $3.3B | 79% |
| Canada | $293M | $286M | $294M | $470M | $411M | $340M | $345M | $348M | 8% |
| United Kingdom | $245M | $231M | $208M | $331M | $298M | $270M | $281M | $283M | 7% |
| Asia and the Middle East | $60M | $64M | $58M | $83M | $218M | $154M | $231M | $187M | 4% |
| Mexico | $89M | $74M | $72M | $94M | $91M | $85M | $86M | $75M | 2% |
Questions
Where does Mueller Industries make its money?
In fiscal 2025, by segment: Piping Systems $2.7B, Industrial Metals $1.0B, Climate $497M.
From Mueller Industries's annual reports filed with the SEC (XBRL data), standardised by Investingly. Information only, not investment advice.