Mueller Industries Inc (MLI) - Total Assets
Based on the latest financial reports, Mueller Industries Inc (MLI) holds total assets worth $3.70 Billion USD as of September 2025. Total assets represent everything the company owns and controls, combining both current assets—like cash and cash equivalents, accounts receivable, and inventories—and non-current assets such as property, plant, equipment (PP&E), intangible assets, and long-term investments. See Mueller Industries Inc net assets for net asset value and shareholders' equity analysis.
Mueller Industries Inc - Total Assets Trend (1990–2024)
This chart illustrates how Mueller Industries Inc's total assets have evolved over time, based on quarterly financial data.
Mueller Industries Inc - Asset Composition Analysis
Current Asset Composition (December 2024)
Mueller Industries Inc's total assets of $3.70 Billion consist of 61.2% current assets and 38.9% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $1.04 Billion | 31.5% |
| Accounts Receivable | $450.11 Million | 13.7% |
| Inventory | $462.28 Million | 14.1% |
| Property, Plant & Equipment | $547.83 Million | 16.7% |
| Intangible Assets | $306.36 Million | 9.3% |
| Goodwill | $311.17 Million | 9.5% |
Asset Composition Trend (1990–2024)
This chart illustrates how Mueller Industries Inc's asset composition has evolved over time. Understanding changes in asset allocation can provide insights into the company's strategic shifts, capital allocation priorities, and business focus evolution. For live market cap, price, and company overview, see MLI market cap.
Key Asset Composition Facts
- Current vs. Non-Current Assets: Mueller Industries Inc's current assets represent 61.2% of total assets in 2024, an increase from 48.3% in 1990.
- Cash Position: Cash and equivalents constituted 31.5% of total assets in 2024, up from 9.8% in 1990.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 18.0% of total assets, an increase from 0.0% in 1990.
- Asset Diversification: The largest asset category is cash and equivalents at 31.5% of total assets.
Mueller Industries Inc Competitors by Total Assets
Key competitors of Mueller Industries Inc based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Jl Mag Rare-Earth Co Ltd Class A
SHE:300748
|
China | CN¥14.72 Billion |
|
Shenyang Fortune Precision Equipment Co. Ltd. A
SHG:688409
|
China | CN¥9.06 Billion |
|
Anhui Honglu Steel Construction Group Co Ltd
SHE:002541
|
China | CN¥27.91 Billion |
|
Wuxi Paike New Materials Technology Co Ltd
SHG:605123
|
China | CN¥8.20 Billion |
|
Jiangyin Hengrun Heavy
SHG:603985
|
China | CN¥5.57 Billion |
|
Dalian Demaishi Precision Technology Co.Ltd
SHE:301007
|
China | CN¥1.05 Billion |
|
Jiangsu Jiuwu Hi-Tech Co Ltd
SHE:300631
|
China | CN¥1.99 Billion |
|
Dajin Heavy Industry Corp
SHE:002487
|
China | CN¥14.23 Billion |
Mueller Industries Inc - Liquidity and Working Capital Analysis
Liquidity ratios measure a company's ability to pay off its short-term debts as they come due, using the company's current or quick assets. Working capital represents the operational liquidity available.
Key Liquidity Metrics
| Metric | Current | 1 Year Ago | 5 Years Ago |
|---|---|---|---|
| Current Ratio | 4.82 | 4.86 | 2.43 |
| Quick Ratio | 3.81 | 3.85 | 1.50 |
| Cash Ratio | 2.51 | 2.45 | 0.00 |
| Working Capital | $1.92 Billion | $1.52 Billion | $485.72 Million |
Mueller Industries Inc - Advanced Valuation Insights
This section examines the relationship between Mueller Industries Inc's asset base and its market valuation, helping to identify whether the company's assets are efficiently translated into market value.
Key Valuation Metrics
| Current Price-to-Book Ratio | 4.10 |
| Latest Market Cap to Assets Ratio | 3.77 |
| Asset Growth Rate (YoY) | 19.3% |
| Total Assets | $3.29 Billion |
| Market Capitalization | $12.41 Billion USD |
Valuation Analysis
Premium Asset Valuation: The market values Mueller Industries Inc's assets at a significant premium (3.77x), suggesting investors see substantial growth potential or unique competitive advantages.
Rapid Asset Growth: Mueller Industries Inc's assets grew by 19.3% over the past year, indicating significant expansion of the company's resource base.
Annual Total Assets for Mueller Industries Inc (1990–2024)
The table below shows the annual total assets of Mueller Industries Inc from 1990 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | $3.29 Billion | +19.27% |
| 2023-12-31 | $2.76 Billion | +23.05% |
| 2022-12-31 | $2.24 Billion | +29.70% |
| 2021-12-31 | $1.73 Billion | +13.11% |
| 2020-12-31 | $1.53 Billion | +11.50% |
| 2019-12-31 | $1.37 Billion | +0.10% |
| 2018-12-31 | $1.37 Billion | +3.74% |
| 2017-12-31 | $1.32 Billion | -8.79% |
| 2016-12-31 | $1.45 Billion | +8.12% |
| 2015-12-31 | $1.34 Billion | +0.81% |
| 2014-12-31 | $1.33 Billion | +6.44% |
| 2013-12-31 | $1.25 Billion | +13.01% |
| 2012-12-31 | $1.10 Billion | -18.07% |
| 2011-12-31 | $1.35 Billion | +7.04% |
| 2010-12-31 | $1.26 Billion | +6.68% |
| 2009-12-31 | $1.18 Billion | -0.23% |
| 2008-12-31 | $1.18 Billion | -18.37% |
| 2007-12-31 | $1.45 Billion | +14.21% |
| 2006-12-31 | $1.27 Billion | +14.87% |
| 2005-12-31 | $1.10 Billion | +14.62% |
| 2004-12-31 | $963.73 Million | -8.67% |
| 2003-12-31 | $1.06 Billion | +6.81% |
| 2002-12-31 | $987.95 Million | +7.85% |
| 2001-12-31 | $916.07 Million | +0.64% |
| 2000-12-31 | $910.28 Million | +0.68% |
| 1999-12-31 | $904.10 Million | +3.36% |
| 1998-12-31 | $874.70 Million | +43.21% |
| 1997-12-31 | $610.80 Million | +19.91% |
| 1996-12-31 | $509.40 Million | +13.00% |
| 1995-12-31 | $450.80 Million | +4.64% |
| 1994-12-31 | $430.80 Million | +16.53% |
| 1993-12-31 | $369.70 Million | -0.75% |
| 1992-12-31 | $372.50 Million | +11.26% |
| 1991-12-31 | $334.80 Million | -19.44% |
| 1990-12-31 | $415.60 Million | -- |
About Mueller Industries Inc
Mueller Industries, Inc. manufactures and sells copper, brass, and aluminum products in the United States, the United Kingdom, Canada, Asia and the Middle East, and Mexico. It operates through three segments: Piping Systems, Industrial Metals, and Climate. The Piping Systems segment offers copper tubes, fittings, line sets, and pipe nipples; resells steel pipe, brass and plastic plumbing valves, … Read more