vs

Side-by-side financial comparison of Bausch & Lomb Corp (BLCO) and MUELLER INDUSTRIES INC (MLI). Click either name above to swap in a different company.

Bausch & Lomb Corp is the larger business by last-quarter revenue ($1.4B vs $962.4M, roughly 1.5× MUELLER INDUSTRIES INC). MUELLER INDUSTRIES INC runs the higher net margin — 16.0% vs -4.1%, a 20.1% gap on every dollar of revenue. On growth, Bausch & Lomb Corp posted the faster year-over-year revenue change (9.8% vs 4.2%). MUELLER INDUSTRIES INC produced more free cash flow last quarter ($121.4M vs $60.0M). Over the past eight quarters, Bausch & Lomb Corp's revenue compounded faster (13.1% CAGR vs 6.4%).

Bausch & Lomb is an American-Canadian eye health products company based in Vaughan, Ontario, Canada. It is one of the world's largest suppliers of contact lenses, lens care products, pharmaceuticals, intraocular lenses, and other eye surgery products. The company was founded in Rochester, New York, in 1853 by optician John Bausch and cabinet maker turned financial backer Henry Lomb. Until its sale in 2013, Bausch + Lomb was one of the oldest continually operating companies in the United States.

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.

BLCO vs MLI — Head-to-Head

Bigger by revenue
BLCO
BLCO
1.5× larger
BLCO
$1.4B
$962.4M
MLI
Growing faster (revenue YoY)
BLCO
BLCO
+5.6% gap
BLCO
9.8%
4.2%
MLI
Higher net margin
MLI
MLI
20.1% more per $
MLI
16.0%
-4.1%
BLCO
More free cash flow
MLI
MLI
$61.4M more FCF
MLI
$121.4M
$60.0M
BLCO
Faster 2-yr revenue CAGR
BLCO
BLCO
Annualised
BLCO
13.1%
6.4%
MLI

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
BLCO
BLCO
MLI
MLI
Revenue
$1.4B
$962.4M
Net Profit
$-58.0M
$153.7M
Gross Margin
Operating Margin
8.0%
17.9%
Net Margin
-4.1%
16.0%
Revenue YoY
9.8%
4.2%
Net Profit YoY
-1833.3%
11.7%
EPS (diluted)
$-0.16
$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
BLCO
BLCO
MLI
MLI
Q4 25
$1.4B
$962.4M
Q3 25
$1.3B
$1.1B
Q2 25
$1.3B
$1.1B
Q1 25
$1.1B
$1.0B
Q4 24
$1.3B
$923.5M
Q3 24
$1.2B
$997.8M
Q2 24
$1.2B
$997.7M
Q1 24
$1.1B
$849.7M
Net Profit
BLCO
BLCO
MLI
MLI
Q4 25
$-58.0M
$153.7M
Q3 25
$-28.0M
$208.1M
Q2 25
$-62.0M
$245.9M
Q1 25
$-212.0M
$157.4M
Q4 24
$-3.0M
$137.7M
Q3 24
$4.0M
$168.7M
Q2 24
$-151.0M
$160.2M
Q1 24
$-167.0M
$138.4M
Gross Margin
BLCO
BLCO
MLI
MLI
Q4 25
Q3 25
Q2 25
Q1 25
Q4 24
Q3 24
27.6%
Q2 24
27.3%
Q1 24
28.4%
Operating Margin
BLCO
BLCO
MLI
MLI
Q4 25
8.0%
17.9%
Q3 25
7.4%
25.6%
Q2 25
-0.9%
26.7%
Q1 25
-7.3%
20.6%
Q4 24
6.8%
18.4%
Q3 24
3.6%
20.7%
Q2 24
2.1%
21.0%
Q1 24
0.5%
21.6%
Net Margin
BLCO
BLCO
MLI
MLI
Q4 25
-4.1%
16.0%
Q3 25
-2.2%
19.3%
Q2 25
-4.9%
21.6%
Q1 25
-18.6%
15.7%
Q4 24
-0.2%
14.9%
Q3 24
0.3%
16.9%
Q2 24
-12.4%
16.1%
Q1 24
-15.2%
16.3%
EPS (diluted)
BLCO
BLCO
MLI
MLI
Q4 25
$-0.16
$1.37
Q3 25
$-0.08
$1.88
Q2 25
$-0.18
$2.22
Q1 25
$-0.60
$1.39
Q4 24
$-0.00
$1.21
Q3 24
$0.01
$1.48
Q2 24
$-0.43
$1.41
Q1 24
$-0.48
$1.21

Balance Sheet & Financial Strength

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

Metric
BLCO
BLCO
MLI
MLI
Cash + ST InvestmentsLiquidity on hand
$383.0M
$1.4B
Total DebtLower is stronger
$5.0B
Stockholders' EquityBook value
$6.4B
$3.2B
Total Assets
$14.0B
$3.7B
Debt / EquityLower = less leverage
0.78×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
BLCO
BLCO
MLI
MLI
Q4 25
$383.0M
$1.4B
Q3 25
$310.0M
$1.3B
Q2 25
$266.0M
$1.1B
Q1 25
$202.0M
$873.6M
Q4 24
$305.0M
$1.1B
Q3 24
$329.0M
$969.6M
Q2 24
$285.0M
$825.7M
Q1 24
$315.0M
$1.4B
Total Debt
BLCO
BLCO
MLI
MLI
Q4 25
$5.0B
Q3 25
$5.0B
Q2 25
$5.0B
Q1 25
$4.8B
Q4 24
$4.8B
Q3 24
$4.6B
Q2 24
$4.6B
Q1 24
$4.6B
Stockholders' Equity
BLCO
BLCO
MLI
MLI
Q4 25
$6.4B
$3.2B
Q3 25
$6.4B
$3.1B
Q2 25
$6.4B
$2.9B
Q1 25
$6.4B
$2.7B
Q4 24
$6.5B
$2.8B
Q3 24
$6.6B
$2.7B
Q2 24
$6.5B
$2.5B
Q1 24
$6.7B
$2.4B
Total Assets
BLCO
BLCO
MLI
MLI
Q4 25
$14.0B
$3.7B
Q3 25
$13.8B
$3.7B
Q2 25
$13.8B
$3.5B
Q1 25
$13.4B
$3.2B
Q4 24
$13.5B
$3.3B
Q3 24
$13.5B
$3.2B
Q2 24
$13.3B
$3.1B
Q1 24
$13.3B
$2.9B
Debt / Equity
BLCO
BLCO
MLI
MLI
Q4 25
0.78×
Q3 25
0.77×
Q2 25
0.77×
Q1 25
0.76×
Q4 24
0.74×
Q3 24
0.70×
Q2 24
0.71×
Q1 24
0.69×

Cash Flow & Capital Efficiency

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

Metric
BLCO
BLCO
MLI
MLI
Operating Cash FlowLast quarter
$136.0M
$141.2M
Free Cash FlowOCF − Capex
$60.0M
$121.4M
FCF MarginFCF / Revenue
4.3%
12.6%
Capex IntensityCapex / Revenue
5.4%
2.1%
Cash ConversionOCF / Net Profit
0.92×
TTM Free Cash FlowTrailing 4 quarters
$-66.0M
$686.6M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
BLCO
BLCO
MLI
MLI
Q4 25
$136.0M
$141.2M
Q3 25
$137.0M
$310.1M
Q2 25
$35.0M
$190.6M
Q1 25
$-25.0M
$113.6M
Q4 24
$22.0M
$140.1M
Q3 24
$154.0M
$231.4M
Q2 24
$15.0M
$100.8M
Q1 24
$41.0M
$173.6M
Free Cash Flow
BLCO
BLCO
MLI
MLI
Q4 25
$60.0M
$121.4M
Q3 25
$63.0M
$291.8M
Q2 25
$-54.0M
$176.5M
Q1 25
$-135.0M
$97.0M
Q4 24
$-70.0M
$111.2M
Q3 24
$94.0M
$205.7M
Q2 24
$-57.0M
$91.6M
Q1 24
$-26.0M
$157.2M
FCF Margin
BLCO
BLCO
MLI
MLI
Q4 25
4.3%
12.6%
Q3 25
4.9%
27.1%
Q2 25
-4.2%
15.5%
Q1 25
-11.9%
9.7%
Q4 24
-5.5%
12.0%
Q3 24
7.9%
20.6%
Q2 24
-4.7%
9.2%
Q1 24
-2.4%
18.5%
Capex Intensity
BLCO
BLCO
MLI
MLI
Q4 25
5.4%
2.1%
Q3 25
5.8%
1.7%
Q2 25
7.0%
1.2%
Q1 25
9.7%
1.7%
Q4 24
7.2%
3.1%
Q3 24
5.0%
2.6%
Q2 24
5.9%
0.9%
Q1 24
6.1%
1.9%
Cash Conversion
BLCO
BLCO
MLI
MLI
Q4 25
0.92×
Q3 25
1.49×
Q2 25
0.78×
Q1 25
0.72×
Q4 24
1.02×
Q3 24
38.50×
1.37×
Q2 24
0.63×
Q1 24
1.25×

Financial Flow Comparison

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

Revenue Breakdown by Segment

BLCO
BLCO

Overthe Counter Products$489.0M35%
Pharmaceuticals$378.0M27%
Other$263.0M19%
Surgical$249.0M18%
Brandedand Other Generic Products$14.0M1%
Other Revenues$3.0M0%
Pharmaceutical Products$2.0M0%

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%

Related Comparisons