Mueller Industries (FRA:MUD) Interest Coverage: 2,320.86 (As of Jun. 2026) — 4591% Above Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

FRA:MUD Mueller Industries Inc FRA:MUD
92 GF Score
Price €56.10
GF Value €36.55
Valuation Significantly Overvalued
! 3 Warning Signs
View Full Analysis

What is Mueller Industries Interest Coverage?

Mueller Industries FRA:MUD -4.10% 92 Interest Coverage is 2,320.86 as of Jun. 2026, which is 4591% above its 10-year median of 49.47. GuruFocus rates FRA:MUD with a GF Score™ of 92/100 and a GF Value™ of €36.55 (Significantly Overvalued). The stock has 3 warning signs investors should review. Among 2,323 Industrial Products companies, Mueller Industries ranks better than 96.99% on this metric.

Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income by its Interest Expense. Mueller Industries's Operating Income for the three months ended in Jun. 2026 was €269 Mil. Mueller Industries's Interest Expense for the three months ended in Jun. 2026 was €-0 Mil. Mueller Industries's interest coverage for the quarter that ended in Jun. 2026 was 2,320.86. The higher the ratio, the stronger the company's financial strength is.

Good Sign:

Ben Graham prefers companies' interest coverage to be at least 5. Mueller Industries Inc has enough cash to cover all of its debt. Its financial situation is stable.

The historical rank and industry rank for Mueller Industries's Interest Coverage or its related term are showing as below:

FRA:MUD' s Interest Coverage Range Over the Past 10 Years
Min: 6.66   Med: 49.47   Max: 8269.45
Current: 5094.6


FRA:MUD's Interest Coverage is ranked better than
96.99% of 2323 companies
in the Industrial Products industry
Industry Median: 14.69 vs FRA:MUD: 5094.60

Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.


Mueller Industries  (FRA:MUD) Interest Coverage Explanation

Ben Graham requires that a company has a minimum interest coverage of 5 with the companies he invested. If the interest coverage is less than 2, the company is burdened by debt. Any business slow or recession may drag the company into a situation where it cannot pay the interest on its debt.

Interest Coverage is an important factor when GuruFocus ranks a company's overage Financial Strength .


Mueller Industries Interest Coverage Related Terms


Mueller Industries Interest Coverage Historical Data

* Premium members only.

The historical data trend for Mueller Industries's Interest Coverage 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.

Note: For Interest Coverage, "No debt" indicates no long-term debt. An indication of "No Debt" does not necessarily mean that the company has no long-term debt obligations; it could be due to missing data in the quarterly or annual report. Use caution when interpreting this information.

Mueller Industries Interest Coverage Chart

Mueller Industries Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Interest Coverage
Get a 7-Day Free Trial Premium Member Only Premium Member Only 77.30 1,072.92 604.14 1,857.35 8,290.30

Mueller Industries Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Interest Coverage Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 15,464.53 44,544.60 2,885.84 N/A 2,320.86

FRA:MUD vs CMC, ESAB, GPGI: Interest Coverage Comparison

For the Metal Fabrication subindustry, Mueller Industries's Interest Coverage, along with its competitors' market caps and Interest Coverage 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 Interest Coverage vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Mueller Industries's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Mueller Industries's Interest Coverage falls into.


FRA:MUD
92GF Score
Mueller Industries Inc FRA:MUD
Interest Coverage is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Mueller Industries Interest Coverage Calculation

Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income (EBIT) by its Interest Expense:

If Interest Expense is negative and Operating Income is positive, then

Interest Coverage=-1* Operating Income /Interest Expense

Else if Interest Expense is negative and Operating Income is negative, then

The company did not have earnings to cover the interest expense.

Else if Interest Expense is 0 and Long-Term Debt & Capital Lease Obligation is 0, then

The company had no debt (1).


Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

Mueller Industries's Interest Coverage for the fiscal year that ended in Dec. 2025 is calculated as

Here, for the fiscal year that ended in Dec. 2025, Mueller Industries's Interest Expense was €-0 Mil. Its Operating Income was €763 Mil. And its Long-Term Debt & Capital Lease Obligation was €16 Mil.

Interest Coverage=-1* Operating Income (A: Dec. 2025 )/Interest Expense (A: Dec. 2025 )
=-1*762.708/-0.092
=8,290.30

Mueller Industries's Interest Coverage for the quarter that ended in Jun. 2026 is calculated as

Here, for the three months ended in Jun. 2026, Mueller Industries's Interest Expense was €-0 Mil. Its Operating Income was €269 Mil. And its Long-Term Debt & Capital Lease Obligation was €15 Mil.

Interest Coverage=-1* Operating Income (Q: Jun. 2026 )/Interest Expense (Q: Jun. 2026 )
=-1*269.22/-0.116
=2,320.86

* 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.

The higher the ratio, the stronger the company's Financial Strength is.

Frequently Asked Questions Learn more about Interest Coverage →
What does a Interest Coverage of 2,320.86 mean?
Mueller Industries (FRA:MUD) has a Interest Coverage of 2,320.86 as of Jun. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Mueller Industries and its competitors. This is 4591% above median its historical median of 49.47. Over the past decade, Mueller Industries' Interest Coverage has ranged from 6.66 to 8,269.45. According to the industry distribution chart, Mueller Industries ranks #70 out of 2323 companies in the Industrial Products industry, placing it in the top 3%.
Is Mueller Industries' Interest Coverage too high?
Mueller Industries' current Interest Coverage of 2,320.86 is 4591% above median its 10-year median of 49.47. Over the past 10 years, this metric has ranged from a low of 6.66 to a high of 8,269.45. The Industrial Products industry median Interest Coverage is 14.69. Mueller Industries' value of 2,320.86 is 15698.9% above this industry median. Based on the distribution chart, Mueller Industries ranks #70 out of 2323 companies in the Industrial Products industry, which is in the top quartile — a strong position relative to peers. Overall, Mueller Industries has a GF Score™ of 92/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Mueller Industries' Interest Coverage compare to CMC and ESAB?
According to the Industrial Products industry distribution chart, Mueller Industries ranks #70 out of 2323 companies for Interest Coverage. This places Mueller Industries in the top 3% of its industry — outperforming the majority of peers. The industry median Interest Coverage is 14.69. Mueller Industries' value of 2,320.86 is 15698.9% above this benchmark. Historically, Mueller Industries' own Interest Coverage has ranged from 6.66 to 8,269.45 over the past decade. While the company's 10-year median is 49.47 vs. the industry median of 14.69, Mueller Industries has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Interest Coverage for an Industrial Products company?
The median Interest Coverage among Industrial Products companies is 14.69, based on 2,323 companies in the industry. Companies in the top quartile (top 25%) have a Interest Coverage significantly above this median, while those in the bottom quartile fall well below. However, Interest Coverage should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Mueller Industries's current Interest Coverage of 2,320.86 is 15698.9% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Interest Coverage mean?
A high Interest Coverage can signal that a stock is expensive relative to its fundamentals. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Mueller Industries and its competitors. For the Industrial Products industry, the median Interest Coverage is 14.69 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Mueller Industries's current Interest Coverage is 2,320.86, which is 4591% above median its own 10-year median of 49.47. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Mueller Industries stock overvalued right now?
Based on GuruFocus' analysis, Mueller Industries (FRA:MUD) is currently considered Significantly Overvalued. The stock's GF Value™ is €36.55, compared to a current price of €56.10 — trading 53.5% above its estimated fair value. The current Interest Coverage is 2,320.86, which is 4591% above median its 10-year median of 49.47 and 15698.9% above the Industrial Products industry median of 14.69. Mueller Industries' overall GF Score™ is 92/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Interest Coverage calculated?
Interest Coverage is calculated from a company's financial statements. For Mueller Industries (FRA:MUD), the current Interest Coverage is 2,320.86 as of Jun. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Mueller Industries (FRA:MUD) Overvalued in 2026?

Based on GuruFocus' analysis, Mueller Industries stock appears to be overvalued. The current stock price of €56.10 is trading 53.5% above its estimated GF Value™ of €36.55. GuruFocus considers Mueller Industries to be Significantly Overvalued.

Key valuation signals for FRA:MUD:

  • Interest Coverage: 2,320.86 (4591% above median its 10-year median of 49.47)
  • GF Value™: €36.55 vs. price of €56.10 (53.5% above fair value)
  • GF Score™: 92/100 with 3 warning signs
  • Industry Position: 15698.9% above the Industrial Products median (#70 of 2323)

No single metric tells the full story. See the FRA:MUD stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Mueller Industries Business Description

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 majority of the company's revenue, produces tubes, fittings, rods, valves, and other products and operates various firms world-wide. 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. Geographically, it operates in USA, UK, Canada, Asia and the Middle East and Mexico.
92GF Score

Get the complete analysis for FRA:MUD

Interest Coverage is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

€56.10
Price
€36.55
GF Value