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Side-by-side financial comparison of Allstate (ALL) and MUELLER INDUSTRIES INC (MLI). Click either name above to swap in a different company.

MUELLER INDUSTRIES INC is the larger business by last-quarter revenue ($962.4M vs $922.0M, roughly 1.0× Allstate). Allstate runs the higher net margin — 266.6% vs 16.0%, a 250.6% gap on every dollar of revenue. On growth, Allstate posted the faster year-over-year revenue change (7.2% vs 4.2%). Over the past eight quarters, MUELLER INDUSTRIES INC's revenue compounded faster (6.4% CAGR vs -75.8%).

The Allstate Corporation, together with its subsidiaries, provides property and casualty, and other insurance products in the United States and Canada. The company operates through Allstate Protection; Protection Services; Allstate Health and Benefits; and Run-off Property-Liability segments. The Allstate Protection segment offers private passenger auto and homeowners insurance; specialty auto products, including motorcycle, trailer, motor home, and off-road vehicle insurance; other personal ...

Mueller Industries is an American manufacturing company that specializes in piping, industrial metals and climate machinery. It was founded in 1917 and is included on the Fortune 1000 list in 2022. The head office of the company is located in Memphis, Tennessee. Mueller Industries, Inc. is a multi-billion dollar revenue company that is publicly traded.

ALL vs MLI — Head-to-Head

Bigger by revenue
MLI
MLI
1.0× larger
MLI
$962.4M
$922.0M
ALL
Growing faster (revenue YoY)
ALL
ALL
+3.0% gap
ALL
7.2%
4.2%
MLI
Higher net margin
ALL
ALL
250.6% more per $
ALL
266.6%
16.0%
MLI
Faster 2-yr revenue CAGR
MLI
MLI
Annualised
MLI
6.4%
-75.8%
ALL

Income Statement — Q1 FY2026 vs Q4 FY2025

Metric
ALL
ALL
MLI
MLI
Revenue
$922.0M
$962.4M
Net Profit
$2.5B
$153.7M
Gross Margin
Operating Margin
-1400.3%
17.9%
Net Margin
266.6%
16.0%
Revenue YoY
7.2%
4.2%
Net Profit YoY
11.7%
EPS (diluted)
$9.25
$1.37

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
ALL
ALL
MLI
MLI
Q1 26
$922.0M
Q4 25
$17.3B
$962.4M
Q3 25
$17.3B
$1.1B
Q2 25
$16.6B
$1.1B
Q1 25
$16.5B
$1.0B
Q4 24
$16.5B
$923.5M
Q3 24
$16.6B
$997.8M
Q2 24
$15.7B
$997.7M
Net Profit
ALL
ALL
MLI
MLI
Q1 26
$2.5B
Q4 25
$3.8B
$153.7M
Q3 25
$3.7B
$208.1M
Q2 25
$2.1B
$245.9M
Q1 25
$595.0M
$157.4M
Q4 24
$1.9B
$137.7M
Q3 24
$1.2B
$168.7M
Q2 24
$331.0M
$160.2M
Gross Margin
ALL
ALL
MLI
MLI
Q1 26
Q4 25
Q3 25
Q2 25
Q1 25
Q4 24
Q3 24
27.6%
Q2 24
27.3%
Operating Margin
ALL
ALL
MLI
MLI
Q1 26
-1400.3%
Q4 25
17.9%
Q3 25
25.6%
Q2 25
26.7%
Q1 25
20.6%
Q4 24
18.4%
Q3 24
20.7%
Q2 24
21.0%
Net Margin
ALL
ALL
MLI
MLI
Q1 26
266.6%
Q4 25
22.1%
16.0%
Q3 25
21.7%
19.3%
Q2 25
12.7%
21.6%
Q1 25
3.6%
15.7%
Q4 24
11.7%
14.9%
Q3 24
7.2%
16.9%
Q2 24
2.1%
16.1%
EPS (diluted)
ALL
ALL
MLI
MLI
Q1 26
$9.25
Q4 25
$14.24
$1.37
Q3 25
$13.95
$1.88
Q2 25
$7.76
$2.22
Q1 25
$2.11
$1.39
Q4 24
$7.07
$1.21
Q3 24
$4.33
$1.48
Q2 24
$1.13
$1.41

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
ALL
ALL
MLI
MLI
Cash + ST InvestmentsLiquidity on hand
$1.4B
Total DebtLower is stronger
Stockholders' EquityBook value
$31.6B
$3.2B
Total Assets
$124.0B
$3.7B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
ALL
ALL
MLI
MLI
Q1 26
Q4 25
$4.9B
$1.4B
Q3 25
$8.7B
$1.3B
Q2 25
$9.6B
$1.1B
Q1 25
$6.5B
$873.6M
Q4 24
$4.5B
$1.1B
Q3 24
$7.0B
$969.6M
Q2 24
$5.3B
$825.7M
Total Debt
ALL
ALL
MLI
MLI
Q1 26
Q4 25
$7.5B
Q3 25
$8.1B
Q2 25
$8.1B
Q1 25
$8.1B
Q4 24
$8.1B
Q3 24
$8.1B
Q2 24
$8.1B
Stockholders' Equity
ALL
ALL
MLI
MLI
Q1 26
$31.6B
Q4 25
$30.6B
$3.2B
Q3 25
$27.5B
$3.1B
Q2 25
$24.0B
$2.9B
Q1 25
$22.1B
$2.7B
Q4 24
$21.4B
$2.8B
Q3 24
$20.9B
$2.7B
Q2 24
$18.6B
$2.5B
Total Assets
ALL
ALL
MLI
MLI
Q1 26
$124.0B
Q4 25
$119.8B
$3.7B
Q3 25
$120.4B
$3.7B
Q2 25
$115.9B
$3.5B
Q1 25
$115.2B
$3.2B
Q4 24
$111.6B
$3.3B
Q3 24
$113.7B
$3.2B
Q2 24
$108.4B
$3.1B
Debt / Equity
ALL
ALL
MLI
MLI
Q1 26
Q4 25
0.24×
Q3 25
0.29×
Q2 25
0.34×
Q1 25
0.37×
Q4 24
0.38×
Q3 24
0.39×
Q2 24
0.43×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
ALL
ALL
MLI
MLI
Operating Cash FlowLast quarter
$141.2M
Free Cash FlowOCF − Capex
$121.4M
FCF MarginFCF / Revenue
12.6%
Capex IntensityCapex / Revenue
2.1%
Cash ConversionOCF / Net Profit
0.92×
TTM Free Cash FlowTrailing 4 quarters
$686.6M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
ALL
ALL
MLI
MLI
Q1 26
Q4 25
$3.0B
$141.2M
Q3 25
$3.3B
$310.1M
Q2 25
$1.9B
$190.6M
Q1 25
$2.0B
$113.6M
Q4 24
$1.7B
$140.1M
Q3 24
$3.2B
$231.4M
Q2 24
$2.4B
$100.8M
Free Cash Flow
ALL
ALL
MLI
MLI
Q1 26
Q4 25
$2.9B
$121.4M
Q3 25
$3.2B
$291.8M
Q2 25
$1.9B
$176.5M
Q1 25
$1.9B
$97.0M
Q4 24
$1.7B
$111.2M
Q3 24
$3.1B
$205.7M
Q2 24
$2.3B
$91.6M
FCF Margin
ALL
ALL
MLI
MLI
Q1 26
Q4 25
16.7%
12.6%
Q3 25
18.8%
27.1%
Q2 25
11.3%
15.5%
Q1 25
11.4%
9.7%
Q4 24
10.0%
12.0%
Q3 24
18.9%
20.6%
Q2 24
14.7%
9.2%
Capex Intensity
ALL
ALL
MLI
MLI
Q1 26
Q4 25
0.5%
2.1%
Q3 25
0.3%
1.7%
Q2 25
0.0%
1.2%
Q1 25
0.6%
1.7%
Q4 24
0.3%
3.1%
Q3 24
0.4%
2.6%
Q2 24
0.4%
0.9%
Cash Conversion
ALL
ALL
MLI
MLI
Q1 26
Q4 25
0.78×
0.92×
Q3 25
0.88×
1.49×
Q2 25
0.89×
0.78×
Q1 25
3.30×
0.72×
Q4 24
0.88×
1.02×
Q3 24
2.69×
1.37×
Q2 24
7.13×
0.63×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

ALL
ALL

Segment breakdown not available.

MLI
MLI

Tube And Fittings$484.6M50%
Industrial Metals$252.2M26%
Valves And Plumbing Specialties$122.5M13%
Flex Duct And Other HVAC Components$80.8M8%
Other Products$14.9M2%

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