What is Mueller Industries Debt-to-Equity?
Mueller Industries's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $9 Mil. Mueller Industries's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $27 Mil. Mueller Industries's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $2,337 Mil.
Mueller Industries's debt to equity for the quarter that ended in Dec. 2023 was 0.02.
A high debt to equity ratio generally means that a company has been aggressive in financing its growth with debt. This can result in volatile earnings as a result of the additional interest expense.
The historical rank and industry rank for Mueller Industries's Debt-to-Equity or its related term are showing as below:
MLI'
s Debt-to-Equity Range Over the Past 10 Years
Min: 0.01 Med: 0.29 Max: 0.91
Current: 0.02
During the past 13 years, the highest Debt-to-Equity Ratio of Mueller Industries was 0.91. The lowest was 0.01. And the median was 0.29.
Mueller Industries Debt-to-Equity Historical Data
The historical data trend for Mueller Industries's Debt-to-Equity can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Mueller Industries Debt-to-Equity Chart
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Mueller Industries Annual Data
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Trend |
Dec14 |
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Dec18 |
Dec19 |
Dec20 |
Dec21 |
Dec22 |
Dec23 |
| Debt-to-Equity |
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0.64 |
0.46 |
0.02 |
0.01 |
0.02 |
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Mueller Industries Quarterly Data
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Mar19 |
Jun19 |
Sep19 |
Dec19 |
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Dec20 |
Mar21 |
Jun21 |
Sep21 |
Dec21 |
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Jun22 |
Sep22 |
Dec22 |
Mar23 |
Jun23 |
Sep23 |
Dec23 |
| Debt-to-Equity |
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0.01 |
0.02 |
0.02 |
0.02 |
0.02 |
Competitive Comparison of Mueller Industries's Debt-to-Equity
For the Metal Fabrication subindustry, Mueller Industries's Debt-to-Equity, along with its competitors' market caps and Debt-to-Equity data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Mueller Industries's Debt-to-Equity Distribution in the Industrial Products Industry
For the Industrial Products industry and Industrials sector, Mueller Industries's Debt-to-Equity distribution charts can be found below:
* The bar in red indicates where Mueller Industries's Debt-to-Equity falls into.
Mueller Industries Debt-to-Equity Calculation
Debt to Equity measures the financial leverage a company has.
Mueller Industries's Debt to Equity Ratio for the fiscal year that ended in Dec. 2023 is calculated as
Mueller Industries's Debt to Equity Ratio for the quarter that ended in Dec. 2023 is calculated as
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Mueller Industries (Mueller Industries) Business Description
Traded in Other Exchanges
Address
150 Schilling Boulevard, Suite 100, Collierville, TN, USA, 38017
Mueller Industries Inc makes copper, brass, aluminum, and plastic products. The company reports three business segments: piping systems, industrial metals, and climate. Piping systems, earning most of the company's revenue, produces tubes, fittings, rods, valves, and other products and operates various firms worldwide. The industrial metals segment manufactures impacts and micro-gauge, brass rod and copper bar products, and brass value-added products. The climate segment produces items used to create temperature-control goods, including valves, twisted tubes, coaxial heat exchangers, and others. Numerous systems use the aforementioned products, including HVAC, water distribution, refrigeration, and automotive. Most sales derive from the United States, but the company operates worldwide.
Executives
| Steffen Sigloch |
officer: VP, Mfg and Engineering |
8285 TOURNAMENT DRIVE, SUITE 150, MEMPHIS TN 38125 |
| John B Hansen |
officer: President, Mfg Operations |
8285 TOURNAMENT DRIVE SUITE 150, MEMPHIS TN 38125 |
| Gregory L. Christopher |
officer: President - Standard Products |
8285 TOURNAMENT DRIVE, SUITE 150, MEMPHIS TN 38125 |
| Scott Jay Goldman |
director |
8285 TOURNAMENT DRIVE, SUITE 150, MEMPHIS TN 38125 |
| Herzog Charles P Jr |
director |
9581 FOX HILL CIRCLE SOUTH, GERMANTOWN TN 38139 |
| William C. Drummond |
director |
1395 BRICKELL AVENUE, MIAMI FL 33131 |
| Gary S Gladstein |
director |
SOROS FUND MANAGEMENT LLC, 888 SEVENTH AVE 3300, NEW YORK NY 10106 |
| Anthony Steinriede |
officer: VP - Corporate Controller |
8285 TOURNAMENT DRIVE, SUITE 150, MEMPHIS TN 38125 |
| Gary Westermeyer |
officer: President, Refrigeration |
8285 TOURNAMENT DRIVE, SUITE 150, MEMPHIS TN 38125 |
| Gennaro J Fulvio |
director |
|
| Kristee Michelle Ford |
officer: Chief Information Officer |
581 ROCKY JOE DRIVE, COLLIERVILLE TN 38017 |
| Paul J Flaherty |
director |
C/O MUELLER INDUSTRIES INC., 8285 TOURNAMENT DRIVE SUITE 150, MEMPHIS TN 38125 |
| Devin Malone |
officer: President, Streamline |
2321 WICKERSHAM CV, GERMANTOWN TN 38139 |
| Christopher Andrew Mitchell |
officer: President, Canadian Operations |
198 PIONEER TOWER ROAD, KITCHENER A6 N2P 2H8 |
| Elizabeth M Donovan |
director |
400 E OHIO STREET, CHICAGO IL 60611 |
Mueller Industries (Mueller Industries) Headlines
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