Mueller Industries, Inc. Reports Second Quarter 2026 Earnings
Mueller Industries, Inc. reported its financial results for the second quarter of 2026, with significant increases in net sales, net income, operating income, and diluted EPS compared to the second quarter of 2025. Net sales rose to $1.43 billion from $1.14 billion, while net income increased to $249.7 million from $245.9 million. Diluted EPS grew to $1.13 from $1.11, and dividends per share increased to $0.175 from $0.125. These figures have been adjusted retroactively to account for a two-for-one stock split. The company experienced strong unit volume growth across its segments and benefited from price increases related to material costs. Mueller Industries also completed two acquisitions during the quarter: Bison Metals Technologies LLC and Chicago Extruded Metals. The company maintains a strong financial position with $1.42 billion in cash and short-term investments and a current ratio of 4.8 to 1. Management expressed optimism about continued business strength, driven by demand in commercial, industrial, and electrical markets, and anticipates meaningful contributions from recent acquisitions.