Mueller Return On Equity from 2010 to 2024

MLI Stock  USD 81.34  0.81  0.99%   
Mueller Industries' Return On Equity is increasing with slightly volatile movements from year to year. Return On Equity is estimated to finish at 0.27 this year. Return On Equity is a measure of the profitability of Mueller Industries in relation to the equity, calculated by dividing net income by shareholder's equity. View All Fundamentals
 
Return On Equity  
First Reported
2010-12-31
Previous Quarter
0.25792992
Current Value
0.27
Quarterly Volatility
0.12366598
 
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' Return On Equity Growth Pattern

Below is the plot of the Return On Equity of Mueller Industries over the last few years. Return on Equity is the amount of Mueller Industries net income returned as a percentage of Mueller Industries equity. Return on equity measures Mueller Industries profitability by revealing how much profit Mueller Industries generates with the money shareholders have invested. It is a measure of the profitability of a business in relation to the equity, calculated by dividing net income by shareholder's equity. Mueller Industries' Return On Equity 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.
ViewLast Reported 0.2410 Years Trend
Slightly volatile
   Return On Equity   
       Timeline  

Mueller Return On Equity Regression Statistics

Arithmetic Mean0.29
Geometric Mean0.26
Coefficient Of Variation42.55
Mean Deviation0.11
Median0.37
Standard Deviation0.12
Sample Variance0.02
Range0.2884
R-Value0.37
Mean Square Error0.01
R-Squared0.14
Significance0.18
Slope0.01
Total Sum of Squares0.21

Mueller Return On Equity History

2024 0.27
2023 0.26
2021 0.37
2015 0.11
2012 0.38
2011 0.1
2010 0.095

About Mueller Industries Financial Statements

Investors use fundamental indicators, such as Mueller Industries' Return On Equity, 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
Return On Equity 0.26  0.27 

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 Idea Analyzer module to analyze all characteristics, volatility and risk-adjusted return of Macroaxis ideas.
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.