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Side-by-side financial comparison of FactSet (FDS) 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 $607.6M, roughly 1.6× FactSet). FactSet runs the higher net margin — 25.1% vs 16.0%, a 9.1% gap on every dollar of revenue. On growth, FactSet posted the faster year-over-year revenue change (6.9% vs 4.2%). MUELLER INDUSTRIES INC produced more free cash flow last quarter ($121.4M vs $90.4M). Over the past eight quarters, MUELLER INDUSTRIES INC's revenue compounded faster (6.4% CAGR vs 5.5%).

FactSet Research Systems Inc., trading as FactSet, is an American financial data and software company headquartered in Norwalk, Connecticut, United States. The company provides integrated data and software. For fiscal year 2024, FactSet's total ASV and professional services revenues were $2.2 billion. FactSet's total market value is approximately $17 billion.

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.

FDS vs MLI — Head-to-Head

Bigger by revenue
MLI
MLI
1.6× larger
MLI
$962.4M
$607.6M
FDS
Growing faster (revenue YoY)
FDS
FDS
+2.6% gap
FDS
6.9%
4.2%
MLI
Higher net margin
FDS
FDS
9.1% more per $
FDS
25.1%
16.0%
MLI
More free cash flow
MLI
MLI
$31.0M more FCF
MLI
$121.4M
$90.4M
FDS
Faster 2-yr revenue CAGR
MLI
MLI
Annualised
MLI
6.4%
5.5%
FDS

Income Statement — Q1 FY2026 vs Q4 FY2025

Metric
FDS
FDS
MLI
MLI
Revenue
$607.6M
$962.4M
Net Profit
$152.6M
$153.7M
Gross Margin
52.6%
Operating Margin
31.6%
17.9%
Net Margin
25.1%
16.0%
Revenue YoY
6.9%
4.2%
Net Profit YoY
1.7%
11.7%
EPS (diluted)
$4.06
$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
FDS
FDS
MLI
MLI
Q4 25
$607.6M
$962.4M
Q3 25
$596.9M
$1.1B
Q2 25
$585.5M
$1.1B
Q1 25
$570.7M
$1.0B
Q4 24
$568.7M
$923.5M
Q3 24
$562.2M
$997.8M
Q2 24
$552.7M
$997.7M
Q1 24
$545.9M
$849.7M
Net Profit
FDS
FDS
MLI
MLI
Q4 25
$152.6M
$153.7M
Q3 25
$153.6M
$208.1M
Q2 25
$148.5M
$245.9M
Q1 25
$144.9M
$157.4M
Q4 24
$150.0M
$137.7M
Q3 24
$89.5M
$168.7M
Q2 24
$158.1M
$160.2M
Q1 24
$140.9M
$138.4M
Gross Margin
FDS
FDS
MLI
MLI
Q4 25
52.6%
Q3 25
51.6%
Q2 25
52.1%
Q1 25
52.8%
Q4 24
54.5%
Q3 24
54.1%
27.6%
Q2 24
55.3%
27.3%
Q1 24
53.3%
28.4%
Operating Margin
FDS
FDS
MLI
MLI
Q4 25
31.6%
17.9%
Q3 25
29.7%
25.6%
Q2 25
33.2%
26.7%
Q1 25
32.5%
20.6%
Q4 24
33.6%
18.4%
Q3 24
22.7%
20.7%
Q2 24
36.6%
21.0%
Q1 24
33.3%
21.6%
Net Margin
FDS
FDS
MLI
MLI
Q4 25
25.1%
16.0%
Q3 25
25.7%
19.3%
Q2 25
25.4%
21.6%
Q1 25
25.4%
15.7%
Q4 24
26.4%
14.9%
Q3 24
15.9%
16.9%
Q2 24
28.6%
16.1%
Q1 24
25.8%
16.3%
EPS (diluted)
FDS
FDS
MLI
MLI
Q4 25
$4.06
$1.37
Q3 25
$4.03
$1.88
Q2 25
$3.87
$2.22
Q1 25
$3.76
$1.39
Q4 24
$3.89
$1.21
Q3 24
$2.33
$1.48
Q2 24
$4.09
$1.41
Q1 24
$3.65
$1.21

Balance Sheet & Financial Strength

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

Metric
FDS
FDS
MLI
MLI
Cash + ST InvestmentsLiquidity on hand
$292.7M
$1.4B
Total DebtLower is stronger
$1.4B
Stockholders' EquityBook value
$2.2B
$3.2B
Total Assets
$4.2B
$3.7B
Debt / EquityLower = less leverage
0.63×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
FDS
FDS
MLI
MLI
Q4 25
$292.7M
$1.4B
Q3 25
$355.1M
$1.3B
Q2 25
$364.0M
$1.1B
Q1 25
$287.0M
$873.6M
Q4 24
$358.8M
$1.1B
Q3 24
$492.6M
$969.6M
Q2 24
$522.0M
$825.7M
Q1 24
$450.2M
$1.4B
Total Debt
FDS
FDS
MLI
MLI
Q4 25
$1.4B
Q3 25
$1.4B
Q2 25
$1.4B
Q1 25
$1.5B
Q4 24
$1.4B
Q3 24
$1.4B
Q2 24
$1.4B
Q1 24
$1.5B
Stockholders' Equity
FDS
FDS
MLI
MLI
Q4 25
$2.2B
$3.2B
Q3 25
$2.2B
$3.1B
Q2 25
$2.2B
$2.9B
Q1 25
$2.1B
$2.7B
Q4 24
$2.0B
$2.8B
Q3 24
$1.9B
$2.7B
Q2 24
$1.9B
$2.5B
Q1 24
$1.8B
$2.4B
Total Assets
FDS
FDS
MLI
MLI
Q4 25
$4.2B
$3.7B
Q3 25
$4.3B
$3.7B
Q2 25
$4.3B
$3.5B
Q1 25
$4.2B
$3.2B
Q4 24
$4.0B
$3.3B
Q3 24
$4.1B
$3.2B
Q2 24
$4.0B
$3.1B
Q1 24
$4.0B
$2.9B
Debt / Equity
FDS
FDS
MLI
MLI
Q4 25
0.63×
Q3 25
0.63×
Q2 25
0.66×
Q1 25
0.72×
Q4 24
0.68×
Q3 24
0.71×
Q2 24
0.76×
Q1 24
0.83×

Cash Flow & Capital Efficiency

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

Metric
FDS
FDS
MLI
MLI
Operating Cash FlowLast quarter
$121.3M
$141.2M
Free Cash FlowOCF − Capex
$90.4M
$121.4M
FCF MarginFCF / Revenue
14.9%
12.6%
Capex IntensityCapex / Revenue
5.1%
2.1%
Cash ConversionOCF / Net Profit
0.79×
0.92×
TTM Free Cash FlowTrailing 4 quarters
$647.4M
$686.6M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
FDS
FDS
MLI
MLI
Q4 25
$121.3M
$141.2M
Q3 25
$212.1M
$310.1M
Q2 25
$253.8M
$190.6M
Q1 25
$174.0M
$113.6M
Q4 24
$86.4M
$140.1M
Q3 24
$163.2M
$231.4M
Q2 24
$238.2M
$100.8M
Q1 24
$143.8M
$173.6M
Free Cash Flow
FDS
FDS
MLI
MLI
Q4 25
$90.4M
$121.4M
Q3 25
$178.1M
$291.8M
Q2 25
$228.6M
$176.5M
Q1 25
$150.2M
$97.0M
Q4 24
$60.5M
$111.2M
Q3 24
$137.2M
$205.7M
Q2 24
$216.9M
$91.6M
Q1 24
$121.9M
$157.2M
FCF Margin
FDS
FDS
MLI
MLI
Q4 25
14.9%
12.6%
Q3 25
29.8%
27.1%
Q2 25
39.0%
15.5%
Q1 25
26.3%
9.7%
Q4 24
10.6%
12.0%
Q3 24
24.4%
20.6%
Q2 24
39.2%
9.2%
Q1 24
22.3%
18.5%
Capex Intensity
FDS
FDS
MLI
MLI
Q4 25
5.1%
2.1%
Q3 25
5.7%
1.7%
Q2 25
4.3%
1.2%
Q1 25
4.2%
1.7%
Q4 24
4.5%
3.1%
Q3 24
4.6%
2.6%
Q2 24
3.9%
0.9%
Q1 24
4.0%
1.9%
Cash Conversion
FDS
FDS
MLI
MLI
Q4 25
0.79×
0.92×
Q3 25
1.38×
1.49×
Q2 25
1.71×
0.78×
Q1 25
1.20×
0.72×
Q4 24
0.58×
1.02×
Q3 24
1.82×
1.37×
Q2 24
1.51×
0.63×
Q1 24
1.02×
1.25×

Financial Flow Comparison

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

Revenue Breakdown by Segment

FDS
FDS

Americas Segment$399.7M66%
EMEA Segment$149.1M25%
Asia Pacific Segment$62.2M10%

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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