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Net Income is the net profit that a company earns after deducting all costs and losses including cost of goods, SGA, DDA, interest expenses, non-recurring items and tax. Mueller Industries's Net Income for the three months ended in Dec. 2024 was $138 Mil. Its Net Income for the trailing twelve months (TTM) ended in Dec. 2024 was $605 Mil.
Net Income is linked to the most popular Earnings per Share (Diluted) number. Mueller Industries's Earnings per Share (Diluted) for the three months ended in Dec. 2024 was $1.21.
The historical data trend for Mueller Industries's Net Income 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 Annual Data | |||||||||||||||||||||
Trend | Dec15 | Dec16 | Dec17 | Dec18 | Dec19 | Dec20 | Dec21 | Dec22 | Dec23 | Dec24 | |||||||||||
Net Income | Get a 7-Day Free Trial |
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139.49 | 468.52 | 658.32 | 602.90 | 604.88 |
Mueller Industries Quarterly Data | ||||||||||||||||||||
Mar20 | Jun20 | Sep20 | Dec20 | Mar21 | Jun21 | Sep21 | Dec21 | Mar22 | Jun22 | Sep22 | Dec22 | Mar23 | Jun23 | Sep23 | Dec23 | Mar24 | Jun24 | Sep24 | Dec24 | |
Net Income | Get a 7-Day Free Trial |
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119.24 | 138.36 | 160.17 | 168.70 | 137.65 |
Net Income is the net profit that a company earns after deducting all costs and losses including cost of goods, SGA, DDA, interest expenses, non-recurring items and tax.
Net Income
= Revenue
- Cost of Goods Sold
- Selling, General, & Admin. Expense
- Research & Development
- Depreciation, Depletion and Amortization
- Interest Expense
- Non Operating Income (NRI) - Tax Expense + Others
= EBITDA
- Depreciation, Depletion and Amortization
- Interest Expense
- Non Operating Income (NRI) - Tax Expense + Others
= Operating Income
- Interest Expense
- Non Operating Income (NRI) - Tax Expense + Others
= Pre-Tax Income - Tax Expense + Others
Mueller Industries's Net Income for the fiscal year that ended in Dec. 2024 is calculated as
Net Income | (A: Dec. 2024 ) | ||||||
= | Pre-Tax Income | + | Tax Provision | + | Net Income (Discontinued Operations) | + | Others |
= | 820.462 | + | -205.076 | + | 0 | + | -10.507 |
= | 605 |
Mueller Industries's Net Income for the quarter that ended in Dec. 2024 is calculated as
Net Income | (Q: Dec. 2024 ) | ||||||
= | Pre-Tax Income | + | Tax Provision | + | Net Income (Discontinued Operations) | + | Others |
= | 178.212 | + | -45.67 | + | 0 | + | 5.11 |
= | 138 |
Net Income for the trailing twelve months (TTM) ended in Dec. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $605 Mil.
* 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) Net Income Explanation
Net Income is the most widely cited number in reporting a company's profitability. It is linked to the most popular earnings-per-share (EPS) number through:
Mueller Industries's Earnings per Share (Diluted) (EPS) for the quarter that ended in Dec. 2024 is calculated as
Earnings per Share (Diluted) (Q: Dec. 2024 ) | = | (Net Income | - | Preferred Dividends) | / | Shares Outstanding (Diluted Average) |
= | (137.652 | - | 0) | / | 113.959 | |
= | 1.21 |
* 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.
Although Net Income and Earnings-per-Share (EPS) are the most widely used parameter in measuring a company's profitability and valuation, it is the least reliable. The reason is that reported earnings can be manipulated easily by adjusting any numbers such as Depreciation, Depletion and Amotorization and non-recurring items.
EPS is most useful for companies that have:
A predictable businessThe dividend paid to preferred stocks needs to be subtracted from the total net income in the calculation of EPS because common stock holders are not entitled to that part of the net income.
Be Aware
Warren Buffett looks for consistency and upward long term trend. Because of share repurchase it is possible for net earnings trend to differ from EPS trend. He preferred Net Income over EPS. The companies with durable competitive advantage companies report higher % net earnings to total revenues.
Important: If a company is showing net earnings history greater than 20% on total revenues, it is probably benefiting from a long term competitive advantage.
If net earnings is less than 10%, likely to be in a highly competitive business.
Thank you for viewing the detailed overview of Mueller Industries's Net Income provided by GuruFocus.com. Please click on the following links to see related term pages.
Steffen Sigloch | officer: VP, Mfg and Engineering | 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 |
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 |
Gary S Gladstein | director | SOROS FUND MANAGEMENT LLC, 888 SEVENTH AVE 3300, NEW YORK NY 10106 |
Elizabeth M Donovan | director | 400 E OHIO STREET, CHICAGO IL 60611 |
Jeffrey Andrew Martin | officer: Vice President - Finance | 8285 TOURNAMENT DRIVE, SUITE 150, MEMPHIS TN 38125 |
William C. Drummond | director | 1395 BRICKELL AVENUE, MIAMI FL 33131 |
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 |
Christopher Andrew Mitchell | officer: President, Canadian Operations | 198 PIONEER TOWER ROAD, KITCHENER A6 N2P 2H8 |
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