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Side-by-side financial comparison of Fortune Brands Innovations, Inc. (FBIN) and MUELLER INDUSTRIES INC (MLI). Click either name above to swap in a different company.

Fortune Brands Innovations, Inc. is the larger business by last-quarter revenue ($1.1B vs $962.4M, roughly 1.1× MUELLER INDUSTRIES INC). MUELLER INDUSTRIES INC runs the higher net margin — 16.0% vs 7.1%, a 8.9% gap on every dollar of revenue. On growth, MUELLER INDUSTRIES INC posted the faster year-over-year revenue change (4.2% vs -2.4%). Fortune Brands Innovations, Inc. produced more free cash flow last quarter ($183.7M vs $121.4M). Over the past eight quarters, MUELLER INDUSTRIES INC's revenue compounded faster (6.4% CAGR vs -1.5%).

Fortune Brands Innovations, Inc. is an American manufacturer of home and security products, headquartered in Deerfield, Illinois. Its portfolio of businesses and brands includes Moen and the House of Rohl; outdoor living and security products from Therma-Tru, Larson, Fiberon, Master Lock and SentrySafe; and MasterBrand Cabinets. Fortune Brands is a Fortune 500 company and part of the S&P 400 Index. As of December 31, 2021, the company reported employing approximately 28,000 associates and pos...

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.

FBIN vs MLI — Head-to-Head

Bigger by revenue
FBIN
FBIN
1.1× larger
FBIN
$1.1B
$962.4M
MLI
Growing faster (revenue YoY)
MLI
MLI
+6.6% gap
MLI
4.2%
-2.4%
FBIN
Higher net margin
MLI
MLI
8.9% more per $
MLI
16.0%
7.1%
FBIN
More free cash flow
FBIN
FBIN
$62.3M more FCF
FBIN
$183.7M
$121.4M
MLI
Faster 2-yr revenue CAGR
MLI
MLI
Annualised
MLI
6.4%
-1.5%
FBIN

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
FBIN
FBIN
MLI
MLI
Revenue
$1.1B
$962.4M
Net Profit
$76.3M
$153.7M
Gross Margin
43.8%
Operating Margin
11.3%
17.9%
Net Margin
7.1%
16.0%
Revenue YoY
-2.4%
4.2%
Net Profit YoY
-27.3%
11.7%
EPS (diluted)
$0.63
$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
FBIN
FBIN
MLI
MLI
Q4 25
$1.1B
$962.4M
Q3 25
$1.1B
$1.1B
Q2 25
$1.2B
$1.1B
Q1 25
$1.0B
$1.0B
Q4 24
$1.1B
$923.5M
Q3 24
$1.2B
$997.8M
Q2 24
$1.2B
$997.7M
Q1 24
$1.1B
$849.7M
Net Profit
FBIN
FBIN
MLI
MLI
Q4 25
$76.3M
$153.7M
Q3 25
$70.8M
$208.1M
Q2 25
$100.3M
$245.9M
Q1 25
$51.4M
$157.4M
Q4 24
$105.0M
$137.7M
Q3 24
$136.6M
$168.7M
Q2 24
$133.9M
$160.2M
Q1 24
$96.4M
$138.4M
Gross Margin
FBIN
FBIN
MLI
MLI
Q4 25
43.8%
Q3 25
45.2%
Q2 25
45.1%
Q1 25
44.0%
Q4 24
46.0%
Q3 24
45.9%
27.6%
Q2 24
43.6%
27.3%
Q1 24
43.9%
28.4%
Operating Margin
FBIN
FBIN
MLI
MLI
Q4 25
11.3%
17.9%
Q3 25
11.0%
25.6%
Q2 25
14.3%
26.7%
Q1 25
9.4%
20.6%
Q4 24
16.1%
18.4%
Q3 24
17.8%
20.7%
Q2 24
16.1%
21.0%
Q1 24
14.0%
21.6%
Net Margin
FBIN
FBIN
MLI
MLI
Q4 25
7.1%
16.0%
Q3 25
6.2%
19.3%
Q2 25
8.3%
21.6%
Q1 25
5.0%
15.7%
Q4 24
9.5%
14.9%
Q3 24
11.8%
16.9%
Q2 24
10.8%
16.1%
Q1 24
8.7%
16.3%
EPS (diluted)
FBIN
FBIN
MLI
MLI
Q4 25
$0.63
$1.37
Q3 25
$0.59
$1.88
Q2 25
$0.83
$2.22
Q1 25
$0.42
$1.39
Q4 24
$0.84
$1.21
Q3 24
$1.09
$1.48
Q2 24
$1.06
$1.41
Q1 24
$0.76
$1.21

Balance Sheet & Financial Strength

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

Metric
FBIN
FBIN
MLI
MLI
Cash + ST InvestmentsLiquidity on hand
$264.0M
$1.4B
Total DebtLower is stronger
$2.5B
Stockholders' EquityBook value
$2.4B
$3.2B
Total Assets
$6.5B
$3.7B
Debt / EquityLower = less leverage
1.07×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
FBIN
FBIN
MLI
MLI
Q4 25
$264.0M
$1.4B
Q3 25
$223.9M
$1.3B
Q2 25
$234.7M
$1.1B
Q1 25
$340.0M
$873.6M
Q4 24
$381.1M
$1.1B
Q3 24
$344.8M
$969.6M
Q2 24
$352.6M
$825.7M
Q1 24
$359.7M
$1.4B
Total Debt
FBIN
FBIN
MLI
MLI
Q4 25
$2.5B
Q3 25
$2.2B
Q2 25
$2.2B
Q1 25
$2.7B
Q4 24
$2.7B
Q3 24
$2.7B
Q2 24
$2.7B
Q1 24
$2.7B
Stockholders' Equity
FBIN
FBIN
MLI
MLI
Q4 25
$2.4B
$3.2B
Q3 25
$2.4B
$3.1B
Q2 25
$2.3B
$2.9B
Q1 25
$2.3B
$2.7B
Q4 24
$2.4B
$2.8B
Q3 24
$2.4B
$2.7B
Q2 24
$2.3B
$2.5B
Q1 24
$2.3B
$2.4B
Total Assets
FBIN
FBIN
MLI
MLI
Q4 25
$6.5B
$3.7B
Q3 25
$6.5B
$3.7B
Q2 25
$6.6B
$3.5B
Q1 25
$6.6B
$3.2B
Q4 24
$6.6B
$3.3B
Q3 24
$6.6B
$3.2B
Q2 24
$6.7B
$3.1B
Q1 24
$6.8B
$2.9B
Debt / Equity
FBIN
FBIN
MLI
MLI
Q4 25
1.07×
Q3 25
0.91×
Q2 25
0.93×
Q1 25
1.16×
Q4 24
1.10×
Q3 24
1.12×
Q2 24
1.15×
Q1 24
1.17×

Cash Flow & Capital Efficiency

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

Metric
FBIN
FBIN
MLI
MLI
Operating Cash FlowLast quarter
$208.2M
$141.2M
Free Cash FlowOCF − Capex
$183.7M
$121.4M
FCF MarginFCF / Revenue
17.0%
12.6%
Capex IntensityCapex / Revenue
2.3%
2.1%
Cash ConversionOCF / Net Profit
2.73×
0.92×
TTM Free Cash FlowTrailing 4 quarters
$366.8M
$686.6M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
FBIN
FBIN
MLI
MLI
Q4 25
$208.2M
$141.2M
Q3 25
$204.4M
$310.1M
Q2 25
$149.4M
$190.6M
Q1 25
$-83.4M
$113.6M
Q4 24
$272.3M
$140.1M
Q3 24
$205.3M
$231.4M
Q2 24
$261.5M
$100.8M
Q1 24
$-71.3M
$173.6M
Free Cash Flow
FBIN
FBIN
MLI
MLI
Q4 25
$183.7M
$121.4M
Q3 25
$177.0M
$291.8M
Q2 25
$118.7M
$176.5M
Q1 25
$-112.6M
$97.0M
Q4 24
$212.1M
$111.2M
Q3 24
$175.6M
$205.7M
Q2 24
$222.7M
$91.6M
Q1 24
$-135.9M
$157.2M
FCF Margin
FBIN
FBIN
MLI
MLI
Q4 25
17.0%
12.6%
Q3 25
15.4%
27.1%
Q2 25
9.9%
15.5%
Q1 25
-10.9%
9.7%
Q4 24
19.2%
12.0%
Q3 24
15.2%
20.6%
Q2 24
18.0%
9.2%
Q1 24
-12.2%
18.5%
Capex Intensity
FBIN
FBIN
MLI
MLI
Q4 25
2.3%
2.1%
Q3 25
2.4%
1.7%
Q2 25
2.6%
1.2%
Q1 25
2.8%
1.7%
Q4 24
5.5%
3.1%
Q3 24
2.6%
2.6%
Q2 24
3.1%
0.9%
Q1 24
5.8%
1.9%
Cash Conversion
FBIN
FBIN
MLI
MLI
Q4 25
2.73×
0.92×
Q3 25
2.89×
1.49×
Q2 25
1.49×
0.78×
Q1 25
-1.62×
0.72×
Q4 24
2.59×
1.02×
Q3 24
1.50×
1.37×
Q2 24
1.95×
0.63×
Q1 24
-0.74×
1.25×

Financial Flow Comparison

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

Revenue Breakdown by Segment

FBIN
FBIN

Wholesale Retail Trade$526.7M49%
Home Center Retailer$257.1M24%
Security Segment$165.8M15%
Other Retailer$118.2M11%

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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