Why Invest

Why invest in Mueller Industries?

We are a leader in our key products and markets

  • Diversified portfolio of products that serve large and critical end markets
  • Balanced exposure to residential, commercial and repair & remodel markets
  • Global sales and distribution network utilizing multiple channels to distribute our products

Region Percentage of Net Sales
United States 75%
Canada 12%
Mexico 2%
Asia 2%

End Market Percentage of Net Sales
Building Construction - Plumbing 48%
Building Construction - HVAC 25%
Building Construction - Commercial Refrigeration 11%
Industrial Manufacturing 7%
Transportation/Equipment Construction 6%
Other 2%

(1) Consolidated net sales for the full year ended December 25, 2021. End market breakdown based on management's internal estimates.

We are aligned to favorable global macro trends

  • Positive long-term U.S. outlook
    • Residential construction: demand driven by underbuilding since the Great Recession
    • Commercial construction: demand driven by post-pandemic recovery
  • Positive long-term demand drivers worldwide
    • Increasing energy efficiency, air filtration, safe drinking/anti-microbial applications and water conservation standards
    • Clean water piping systems and climate control systems in emerging markets
    • Food preservation and last-mile refrigerated transportation
  • Sustainable manufacturing
    • Principal raw material, copper, is 100% recyclable
    • Large percentage of metal forming production utilizes recycled copper or brass scrap

We provide long-term, sustainable shareholder returns

  • Industry leading returns on equity (38%²) and return on average invested capital (44%²)
  • Balanced capital allocation strategy; prioritize re-investment in operations and strategic growth acquisitions
  • Strong track record of growth and value creation through acquisition and geographical expansion
  • Entrance into value-added markets drives further growth opportunities

We are profitable and resilient throughout all business cycles

  • Profitable and cash generative each year since 1992
  • 29-year track record of positive earnings and operating cash flows
  • Have paid regular quarterly cash dividends for 18 consecutive years without reduction or suspension

For more information, view our latest Investor Presentation.

1 - United States market sizes per IBIS industry reports.
2 - For the trailing twelve months ended September 24, 2022.