Market cap is the total market value to buy the whole company. It is equal to the share price times the number of Shares Outstanding (EOP). Mueller Industries's share price for the quarter that ended in Mar. 2024 was $53.93. Mueller Industries's Shares Outstanding (EOP) for the quarter that ended in Mar. 2024 was 114 Mil. Therefore, Mueller Industries's market cap for the quarter that ended in Mar. 2024 was $6,126 Mil.
Mueller Industries's quarterly market cap
increased
from Sep. 2023 ($4,266 Mil) to Dec. 2023 ($5,383 Mil) and
increased
from Dec. 2023 ($5,383 Mil) to Mar. 2024 ($6,126 Mil).
Mueller Industries's annual market cap
declined
from Dec. 2021 ($3,401 Mil) to Dec. 2022 ($3,363 Mil) but then
increased
from Dec. 2022 ($3,363 Mil) to Dec. 2023 ($5,383 Mil).
Enterprise Value is the theoretical takeover price. It is more comprehensive than market capitalization (market cap), which only includes common equity. Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash and cash equivalents. Mueller Industries's Enterprise Value for Today is $5,312 Mil.
Mueller Industries Market Cap Historical Data
The historical data trend for Mueller Industries's Market Cap 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.
Competitive Comparison of Mueller Industries's Market Cap
For the Metal Fabrication subindustry, Mueller Industries's Market Cap, along with its competitors' market caps and Market Cap 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 Market Cap Distribution in the Industrial Products Industry
For the Industrial Products industry and Industrials sector, Mueller Industries's Market Cap distribution charts can be found below:
* The bar in red indicates where Mueller Industries's Market Cap falls into.
Mueller Industries Market Cap Calculation
Market cap is the short version of market capitalization. It is the total market value to buy the whole company. It is equal to the share price times the number of shares outstanding.
Mueller Industries's Market Cap for the fiscal year 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 (NYSE:MLI) Market Cap Explanation
Market cap is not the real price you pay for a company. If you buy the company and become its owner, you become the owner of the cash the company has, and you also assume the companys debt. The real price you pay is the Enterprise Value.
Warren Buffett uses the ratio of total market cap of all public traded companies over GDP to measure if the market is expensive. As of April 2012, the US total market cap is about $14.7 trillion, while the US GDP is about $15 trillion. The market was modestly overvalued.
Mueller Industries Market Cap Related Terms
Thank you for viewing the detailed overview of Mueller Industries's Market Cap provided by GuruFocus.com. Please click on the following links to see related term pages.
Mueller Industries (Mueller Industries) Business Description
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.
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