MLI|EPS $2.16|Rev $1.19B|Net Income $239.0MMueller Industries, Inc. (NYSE: MLI) reported Q1 2026 diluted earnings per share of $2.16 on revenue of $1.19B, marking substantial growth across the manufacturing operation. The company earned $239.0M in net income for the quarter as demand for copper and brass products remained robust.
The Memphis-based manufacturer posted a 55.4% jump in earnings per share compared to the $1.39 recorded in Q1 2025. Revenue climbed 19.3% from the $1.00B generated in the year-ago period, reflecting strength across the company’s industrial product portfolio. Mueller’s performance underscores continued momentum in construction and HVAC markets where its products serve as critical infrastructure components.
Piping Systems led the company’s 3 segments with $760.5M in revenue, up 18.9% year-over-year. The segment manufactures copper tube and fittings used in plumbing, heating, and air conditioning applications. Mueller has benefited from sustained commercial and residential construction activity along with ongoing infrastructure investment.
Wall Street maintains a positive outlook on the stock, with analyst consensus standing at 3 buy, 1 hold, and 0 sell ratings. The company has diversified its manufacturing footprint while capitalizing on its position as a leading producer of copper, brass, and aluminum products for building, infrastructure, and industrial applications.
A detailed analysis of Mueller Industries, Inc.’s quarter follows shortly on AlphaStreet.
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