Mueller Income Before Tax from 2010 to 2024

MLI Stock  USD 80.77  0.06  0.07%   
Mueller Industries' Income Before Tax is increasing with slightly volatile movements from year to year. Income Before Tax is estimated to finish at about 887.5 M this year. For the period between 2010 and 2024, Mueller Industries, Income Before Tax quarterly trend regression had mean deviation of  258,521,134 and range of 821.6 M. View All Fundamentals
 
Income Before Tax  
First Reported
1991-03-31
Previous Quarter
222.9 M
Current Value
217.8 M
Quarterly Volatility
59.2 M
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Mueller Industries financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Mueller Industries' main balance sheet or income statement drivers, such as Depreciation And Amortization of 36.6 M, Interest Expense of 1.2 M or Total Revenue of 1.9 B, as well as many indicators such as Price To Sales Ratio of 1.59, Dividend Yield of 0.0122 or PTB Ratio of 1.15. Mueller financial statements analysis is a perfect complement when working with Mueller Industries Valuation or Volatility modules.
  
Check out the analysis of Mueller Industries Correlation against competitors.
For more detail on how to invest in Mueller Stock please use our How to Invest in Mueller Industries guide.

Latest Mueller Industries' Income Before Tax Growth Pattern

Below is the plot of the Income Before Tax of Mueller Industries over the last few years. Income Before Tax which can also be referred as pre-tax income is reported on Mueller Industries income statement and is an important metric when analyzing Mueller Industries profitability. Accounting techniques because taxes can be complex, and not perfectly consistent from one company to company, an analyst may use pre-tax income as a more stable measure of profitability. It is Mueller Industries' Income Before Tax historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Mueller Industries' overall financial position and show how it may be relating to other accounts over time.
Income Before Tax10 Years Trend
Slightly volatile
   Income Before Tax   
       Timeline  

Mueller Income Before Tax Regression Statistics

Arithmetic Mean327,746,773
Geometric Mean227,284,117
Coefficient Of Variation94.73
Mean Deviation258,521,134
Median150,417,000
Standard Deviation310,460,569
Sample Variance96385.8T
Range821.6M
R-Value0.80
Mean Square Error37324.4T
R-Squared0.64
Significance0.0003
Slope55,555,119
Total Sum of Squares1349400.7T

Mueller Income Before Tax History

2024887.5 M
2023845.2 M
2022876 M
2021641.1 M
2020209.2 M
2019166.1 M
2018150.4 M

About Mueller Industries Financial Statements

Investors use fundamental indicators, such as Mueller Industries' Income Before Tax, to determine how well the company is positioned to perform in the future. Although Mueller Industries' investors may analyze each financial statement separately, they are all interrelated. Understanding these patterns can help investors make the right trading decisions.
Last ReportedProjected for Next Year
Income Before Tax845.2 M887.5 M

Currently Active Assets on Macroaxis

When determining whether Mueller Industries offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Mueller Industries' financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Mueller Industries Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Mueller Industries Stock:
Check out the analysis of Mueller Industries Correlation against competitors.
For more detail on how to invest in Mueller Stock please use our How to Invest in Mueller Industries guide.
You can also try the Portfolio Analyzer module to portfolio analysis module that provides access to portfolio diagnostics and optimization engine.
Is Industrial Machinery & Supplies & Components space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Mueller Industries. If investors know Mueller will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Mueller Industries listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.265
Dividend Share
0.75
Earnings Share
5.14
Revenue Per Share
32.118
Quarterly Revenue Growth
0.217
The market value of Mueller Industries is measured differently than its book value, which is the value of Mueller that is recorded on the company's balance sheet. Investors also form their own opinion of Mueller Industries' value that differs from its market value or its book value, called intrinsic value, which is Mueller Industries' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Mueller Industries' market value can be influenced by many factors that don't directly affect Mueller Industries' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Mueller Industries' value and its price as these two are different measures arrived at by different means. Investors typically determine if Mueller Industries is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Mueller Industries' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.