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Side-by-side financial comparison of BIOMARIN PHARMACEUTICAL INC (BMRN) 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 $766.2M, roughly 1.3× BIOMARIN PHARMACEUTICAL INC). MUELLER INDUSTRIES INC runs the higher net margin — 16.0% vs 13.8%, a 2.1% gap on every dollar of revenue. On growth, MUELLER INDUSTRIES INC posted the faster year-over-year revenue change (4.2% vs 3.0%). Over the past eight quarters, MUELLER INDUSTRIES INC's revenue compounded faster (6.4% CAGR vs 3.7%).

BioMarin Pharmaceutical Inc. is an American biotechnology company headquartered in San Rafael, California. It has offices and facilities in the United States, South America, Asia, and Europe. BioMarin's core business and research are in enzyme replacement therapies (ERTs). BioMarin was the first company to provide therapeutics for mucopolysaccharidosis type I, by manufacturing laronidase. BioMarin was also the first company to provide therapeutics for phenylketonuria (PKU).

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.

BMRN vs MLI — Head-to-Head

Bigger by revenue
MLI
MLI
1.3× larger
MLI
$962.4M
$766.2M
BMRN
Growing faster (revenue YoY)
MLI
MLI
+1.2% gap
MLI
4.2%
3.0%
BMRN
Higher net margin
MLI
MLI
2.1% more per $
MLI
16.0%
13.8%
BMRN
Faster 2-yr revenue CAGR
MLI
MLI
Annualised
MLI
6.4%
3.7%
BMRN

Income Statement — Q1 FY2026 vs Q4 FY2025

Metric
BMRN
BMRN
MLI
MLI
Revenue
$766.2M
$962.4M
Net Profit
$106.0M
$153.7M
Gross Margin
74.6%
Operating Margin
16.9%
17.9%
Net Margin
13.8%
16.0%
Revenue YoY
3.0%
4.2%
Net Profit YoY
11.7%
EPS (diluted)
$0.54
$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
BMRN
BMRN
MLI
MLI
Q1 26
$766.2M
Q4 25
$874.6M
$962.4M
Q3 25
$776.1M
$1.1B
Q2 25
$825.4M
$1.1B
Q1 25
$745.1M
$1.0B
Q4 24
$747.3M
$923.5M
Q3 24
$745.7M
$997.8M
Q2 24
$712.0M
$997.7M
Net Profit
BMRN
BMRN
MLI
MLI
Q1 26
$106.0M
Q4 25
$-46.6M
$153.7M
Q3 25
$-30.7M
$208.1M
Q2 25
$240.5M
$245.9M
Q1 25
$185.7M
$157.4M
Q4 24
$124.9M
$137.7M
Q3 24
$106.1M
$168.7M
Q2 24
$107.2M
$160.2M
Gross Margin
BMRN
BMRN
MLI
MLI
Q1 26
74.6%
Q4 25
68.5%
Q3 25
82.0%
Q2 25
81.8%
Q1 25
79.7%
Q4 24
81.8%
Q3 24
74.7%
27.6%
Q2 24
81.7%
27.3%
Operating Margin
BMRN
BMRN
MLI
MLI
Q1 26
16.9%
Q4 25
-5.1%
17.9%
Q3 25
-6.0%
25.6%
Q2 25
33.5%
26.7%
Q1 25
30.0%
20.6%
Q4 24
21.6%
18.4%
Q3 24
15.3%
20.7%
Q2 24
16.9%
21.0%
Net Margin
BMRN
BMRN
MLI
MLI
Q1 26
13.8%
Q4 25
-5.3%
16.0%
Q3 25
-4.0%
19.3%
Q2 25
29.1%
21.6%
Q1 25
24.9%
15.7%
Q4 24
16.7%
14.9%
Q3 24
14.2%
16.9%
Q2 24
15.1%
16.1%
EPS (diluted)
BMRN
BMRN
MLI
MLI
Q1 26
$0.54
Q4 25
$-0.22
$1.37
Q3 25
$-0.16
$1.88
Q2 25
$1.23
$2.22
Q1 25
$0.95
$1.39
Q4 24
$0.65
$1.21
Q3 24
$0.55
$1.48
Q2 24
$0.55
$1.41

Balance Sheet & Financial Strength

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

Metric
BMRN
BMRN
MLI
MLI
Cash + ST InvestmentsLiquidity on hand
$2.2B
$1.4B
Total DebtLower is stronger
Stockholders' EquityBook value
$6.2B
$3.2B
Total Assets
$8.6B
$3.7B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
BMRN
BMRN
MLI
MLI
Q1 26
$2.2B
Q4 25
$1.3B
$1.4B
Q3 25
$1.3B
$1.3B
Q2 25
$1.2B
$1.1B
Q1 25
$1.0B
$873.6M
Q4 24
$942.8M
$1.1B
Q3 24
$675.4M
$969.6M
Q2 24
$972.1M
$825.7M
Stockholders' Equity
BMRN
BMRN
MLI
MLI
Q1 26
$6.2B
Q4 25
$6.1B
$3.2B
Q3 25
$6.1B
$3.1B
Q2 25
$6.0B
$2.9B
Q1 25
$5.8B
$2.7B
Q4 24
$5.7B
$2.8B
Q3 24
$5.4B
$2.7B
Q2 24
$5.3B
$2.5B
Total Assets
BMRN
BMRN
MLI
MLI
Q1 26
$8.6B
Q4 25
$7.6B
$3.7B
Q3 25
$7.6B
$3.7B
Q2 25
$7.5B
$3.5B
Q1 25
$7.1B
$3.2B
Q4 24
$7.0B
$3.3B
Q3 24
$6.9B
$3.2B
Q2 24
$7.1B
$3.1B

Cash Flow & Capital Efficiency

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

Metric
BMRN
BMRN
MLI
MLI
Operating Cash FlowLast quarter
$220.7M
$141.2M
Free Cash FlowOCF − Capex
$121.4M
FCF MarginFCF / Revenue
12.6%
Capex IntensityCapex / Revenue
2.1%
Cash ConversionOCF / Net Profit
2.08×
0.92×
TTM Free Cash FlowTrailing 4 quarters
$686.6M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
BMRN
BMRN
MLI
MLI
Q1 26
$220.7M
Q4 25
$99.6M
$141.2M
Q3 25
$368.7M
$310.1M
Q2 25
$185.3M
$190.6M
Q1 25
$174.4M
$113.6M
Q4 24
$185.6M
$140.1M
Q3 24
$221.5M
$231.4M
Q2 24
$118.8M
$100.8M
Free Cash Flow
BMRN
BMRN
MLI
MLI
Q1 26
Q4 25
$58.9M
$121.4M
Q3 25
$340.2M
$291.8M
Q2 25
$168.2M
$176.5M
Q1 25
$157.6M
$97.0M
Q4 24
$166.1M
$111.2M
Q3 24
$203.0M
$205.7M
Q2 24
$97.4M
$91.6M
FCF Margin
BMRN
BMRN
MLI
MLI
Q1 26
Q4 25
6.7%
12.6%
Q3 25
43.8%
27.1%
Q2 25
20.4%
15.5%
Q1 25
21.2%
9.7%
Q4 24
22.2%
12.0%
Q3 24
27.2%
20.6%
Q2 24
13.7%
9.2%
Capex Intensity
BMRN
BMRN
MLI
MLI
Q1 26
Q4 25
4.7%
2.1%
Q3 25
3.7%
1.7%
Q2 25
2.1%
1.2%
Q1 25
2.3%
1.7%
Q4 24
2.6%
3.1%
Q3 24
2.5%
2.6%
Q2 24
3.0%
0.9%
Cash Conversion
BMRN
BMRN
MLI
MLI
Q1 26
2.08×
Q4 25
0.92×
Q3 25
1.49×
Q2 25
0.77×
0.78×
Q1 25
0.94×
0.72×
Q4 24
1.49×
1.02×
Q3 24
2.09×
1.37×
Q2 24
1.11×
0.63×

Financial Flow Comparison

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

Revenue Breakdown by Segment

BMRN
BMRN

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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