Mueller Industries Q4 2021 Earnings Report
Key Takeaways
Mueller Industries reported exceptional Q4 2021 results, capping a second consecutive year of record earnings. Net sales were $956.4 million, up 42%, and diluted EPS was $2.21, compared to $0.64 in the prior year. The company anticipates continued momentum in the building construction and industrial markets in 2022.
Operating income increased by 165% to $172.1 million.
Net sales increased by 42% to $956.4 million.
Net income was $125.6 million, up from $36.4 million.
Diluted EPS was $2.21, up from $0.64.
Mueller Industries
Mueller Industries
Mueller Industries Revenue by Segment
Forward Guidance
Mueller Industries anticipates continued momentum in the building construction and industrial markets in 2022. The company is well-positioned to build upon its success with healthy order books and efficient manufacturing facilities.
Positive Outlook
- Continued momentum in building construction market
- Continued momentum in industrial market
- Healthy order books
- Manufacturing facilities operating at highly efficient levels
Revenue & Expenses
Visualization of income flow from segment revenue to net income