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Mueller Industries (FRA:MUD) Pretax Margin % : 23.72% (As of Mar. 2024)


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What is Mueller Industries Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Mueller Industries's Pre-Tax Income for the three months ended in Mar. 2024 was €185 Mil. Mueller Industries's Revenue for the three months ended in Mar. 2024 was €782 Mil. Therefore, Mueller Industries's pretax margin for the quarter that ended in Mar. 2024 was 23.72%.

The historical rank and industry rank for Mueller Industries's Pretax Margin % or its related term are showing as below:

FRA:MUD' s Pretax Margin % Range Over the Past 10 Years
Min: 5.6   Med: 6.97   Max: 24.71
Current: 24.54


FRA:MUD's Pretax Margin % is ranked better than
93.68% of 2975 companies
in the Industrial Products industry
Industry Median: 6.51 vs FRA:MUD: 24.54

Mueller Industries Pretax Margin % Historical Data

The historical data trend for Mueller Industries's Pretax Margin % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Mueller Industries Pretax Margin % Chart

Mueller Industries Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Pretax Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 6.83 8.72 17.01 22.00 24.71

Mueller Industries Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Pretax Margin % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 24.45 26.86 23.05 24.29 23.72

Competitive Comparison of Mueller Industries's Pretax Margin %

For the Metal Fabrication subindustry, Mueller Industries's Pretax Margin %, along with its competitors' market caps and Pretax Margin % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Mueller Industries's Pretax Margin % Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Mueller Industries's Pretax Margin % distribution charts can be found below:

* The bar in red indicates where Mueller Industries's Pretax Margin % falls into.



Mueller Industries Pretax Margin % Calculation

Pretax margin - also known as pretax profit margin is the ratio of Pretax Income divided by net sales or Revenue, usually presented in percent.

Mueller Industries's Pretax Margin for the fiscal year that ended in Dec. 2023 is calculated as

Pretax Margin=Pre-Tax Income (A: Dec. 2023 )/Revenue (A: Dec. 2023 )
=775.078/3136.456
=24.71 %

Mueller Industries's Pretax Margin for the quarter that ended in Mar. 2024 is calculated as

Pretax Margin=Pre-Tax Income (Q: Mar. 2024 )/Revenue (Q: Mar. 2024 )
=185.426/781.682
=23.72 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Mueller Industries  (FRA:MUD) Pretax Margin % Explanation

The pretax margin, as know as pretax profit margin, is widely used to measure the operating efficiency of a company before deducting taxes.

The pretax margin is sometimes preferred over the net margin as tax expenditures can make profitability comparisons between companies misleading.

It is a useful tool to compare companies operating in the same sector and less effective when comparing companies from other sectors as each industry generally has different operating expenses and sales patterns.

The long term trend of the pretax margin is a good indicator of the competitiveness and health of the business.


Mueller Industries Pretax Margin % Related Terms

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Mueller Industries (FRA:MUD) Business Description

Traded in Other Exchanges
Address
150 Schilling Boulevard, Suite 100, Collierville, TN, USA, 38017
Mueller Industries Inc makes copper, brass, aluminum, and plastic products. The company reports three business segments: piping systems, industrial metals, and climate. Piping systems, earning most of the company's revenue, produces tubes, fittings, rods, valves, and other products and operates various firms worldwide. The industrial metals segment manufactures impacts and micro-gauge, brass rod and copper bar products, and brass value-added products. The climate segment produces items used to create temperature-control goods, including valves, twisted tubes, coaxial heat exchangers, and others. Numerous systems use the aforementioned products, including HVAC, water distribution, refrigeration, and automotive. Most sales derive from the United States, but the company operates worldwide.

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