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Side-by-side financial comparison of GUESS INC (GES) 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 $791.4M, roughly 1.2× GUESS INC). MUELLER INDUSTRIES INC runs the higher net margin — 16.0% vs 3.2%, a 12.7% gap on every dollar of revenue. On growth, GUESS INC posted the faster year-over-year revenue change (7.2% vs 4.2%). MUELLER INDUSTRIES INC produced more free cash flow last quarter ($121.4M vs $-56.3M). Over the past eight quarters, MUELLER INDUSTRIES INC's revenue compounded faster (6.4% CAGR vs -5.8%).

Guess?, Inc. is an American clothing company, notable for its black-and-white advertisements. It licenses its brand on other fashion accessories, such as watches, jewelry, perfumes, bags and shoes.

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.

GES vs MLI — Head-to-Head

Bigger by revenue
MLI
MLI
1.2× larger
MLI
$962.4M
$791.4M
GES
Growing faster (revenue YoY)
GES
GES
+3.0% gap
GES
7.2%
4.2%
MLI
Higher net margin
MLI
MLI
12.7% more per $
MLI
16.0%
3.2%
GES
More free cash flow
MLI
MLI
$177.7M more FCF
MLI
$121.4M
$-56.3M
GES
Faster 2-yr revenue CAGR
MLI
MLI
Annualised
MLI
6.4%
-5.8%
GES

Income Statement — Q3 FY2026 vs Q4 FY2025

Metric
GES
GES
MLI
MLI
Revenue
$791.4M
$962.4M
Net Profit
$25.6M
$153.7M
Gross Margin
42.5%
Operating Margin
2.9%
17.9%
Net Margin
3.2%
16.0%
Revenue YoY
7.2%
4.2%
Net Profit YoY
209.6%
11.7%
EPS (diluted)
$0.48
$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
GES
GES
MLI
MLI
Q4 25
$791.4M
$962.4M
Q3 25
$772.9M
$1.1B
Q2 25
$647.8M
$1.1B
Q1 25
$932.3M
$1.0B
Q4 24
$738.5M
$923.5M
Q3 24
$732.6M
$997.8M
Q2 24
$591.9M
$997.7M
Q1 24
$891.0M
$849.7M
Net Profit
GES
GES
MLI
MLI
Q4 25
$25.6M
$153.7M
Q3 25
$6.2M
$208.1M
Q2 25
$-32.9M
$245.9M
Q1 25
$81.4M
$157.4M
Q4 24
$-23.4M
$137.7M
Q3 24
$-10.6M
$168.7M
Q2 24
$13.0M
$160.2M
Q1 24
$115.3M
$138.4M
Gross Margin
GES
GES
MLI
MLI
Q4 25
42.5%
Q3 25
42.5%
Q2 25
39.9%
Q1 25
44.1%
Q4 24
43.6%
Q3 24
43.7%
27.6%
Q2 24
41.9%
27.3%
Q1 24
45.4%
28.4%
Operating Margin
GES
GES
MLI
MLI
Q4 25
2.9%
17.9%
Q3 25
2.3%
25.6%
Q2 25
-5.1%
26.7%
Q1 25
11.1%
20.6%
Q4 24
5.7%
18.4%
Q3 24
6.5%
20.7%
Q2 24
-3.4%
21.0%
Q1 24
16.3%
21.6%
Net Margin
GES
GES
MLI
MLI
Q4 25
3.2%
16.0%
Q3 25
0.8%
19.3%
Q2 25
-5.1%
21.6%
Q1 25
8.7%
15.7%
Q4 24
-3.2%
14.9%
Q3 24
-1.4%
16.9%
Q2 24
2.2%
16.1%
Q1 24
12.9%
16.3%
EPS (diluted)
GES
GES
MLI
MLI
Q4 25
$0.48
$1.37
Q3 25
$0.12
$1.88
Q2 25
$-0.65
$2.22
Q1 25
$1.29
$1.39
Q4 24
$-0.47
$1.21
Q3 24
$-0.28
$1.48
Q2 24
$0.23
$1.41
Q1 24
$1.90
$1.21

Balance Sheet & Financial Strength

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

Metric
GES
GES
MLI
MLI
Cash + ST InvestmentsLiquidity on hand
$154.2M
$1.4B
Total DebtLower is stronger
$299.5M
Stockholders' EquityBook value
$508.5M
$3.2B
Total Assets
$3.0B
$3.7B
Debt / EquityLower = less leverage
0.59×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
GES
GES
MLI
MLI
Q4 25
$154.2M
$1.4B
Q3 25
$189.6M
$1.3B
Q2 25
$151.2M
$1.1B
Q1 25
$187.7M
$873.6M
Q4 24
$140.9M
$1.1B
Q3 24
$218.9M
$969.6M
Q2 24
$241.7M
$825.7M
Q1 24
$360.3M
$1.4B
Total Debt
GES
GES
MLI
MLI
Q4 25
$299.5M
Q3 25
$258.4M
Q2 25
$241.7M
Q1 25
$150.7M
Q4 24
$238.3M
Q3 24
$187.8M
Q2 24
$196.9M
Q1 24
$28.2M
Stockholders' Equity
GES
GES
MLI
MLI
Q4 25
$508.5M
$3.2B
Q3 25
$487.6M
$3.1B
Q2 25
$483.6M
$2.9B
Q1 25
$505.0M
$2.7B
Q4 24
$450.7M
$2.8B
Q3 24
$491.2M
$2.7B
Q2 24
$565.5M
$2.5B
Q1 24
$684.9M
$2.4B
Total Assets
GES
GES
MLI
MLI
Q4 25
$3.0B
$3.7B
Q3 25
$3.0B
$3.7B
Q2 25
$2.9B
$3.5B
Q1 25
$2.8B
$3.2B
Q4 24
$2.8B
$3.3B
Q3 24
$2.8B
$3.2B
Q2 24
$2.7B
$3.1B
Q1 24
$2.6B
$2.9B
Debt / Equity
GES
GES
MLI
MLI
Q4 25
0.59×
Q3 25
0.53×
Q2 25
0.50×
Q1 25
0.30×
Q4 24
0.53×
Q3 24
0.38×
Q2 24
0.35×
Q1 24
0.04×

Cash Flow & Capital Efficiency

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

Metric
GES
GES
MLI
MLI
Operating Cash FlowLast quarter
$-39.5M
$141.2M
Free Cash FlowOCF − Capex
$-56.3M
$121.4M
FCF MarginFCF / Revenue
-7.1%
12.6%
Capex IntensityCapex / Revenue
2.1%
2.1%
Cash ConversionOCF / Net Profit
-1.54×
0.92×
TTM Free Cash FlowTrailing 4 quarters
$62.5M
$686.6M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
GES
GES
MLI
MLI
Q4 25
$-39.5M
$141.2M
Q3 25
$74.9M
$310.1M
Q2 25
$-73.4M
$190.6M
Q1 25
$183.2M
$113.6M
Q4 24
$-83.3M
$140.1M
Q3 24
$44.7M
$231.4M
Q2 24
$-22.9M
$100.8M
Q1 24
$289.5M
$173.6M
Free Cash Flow
GES
GES
MLI
MLI
Q4 25
$-56.3M
$121.4M
Q3 25
$53.4M
$291.8M
Q2 25
$-95.3M
$176.5M
Q1 25
$160.7M
$97.0M
Q4 24
$-105.4M
$111.2M
Q3 24
$24.3M
$205.7M
Q2 24
$-44.0M
$91.6M
Q1 24
$267.8M
$157.2M
FCF Margin
GES
GES
MLI
MLI
Q4 25
-7.1%
12.6%
Q3 25
6.9%
27.1%
Q2 25
-14.7%
15.5%
Q1 25
17.2%
9.7%
Q4 24
-14.3%
12.0%
Q3 24
3.3%
20.6%
Q2 24
-7.4%
9.2%
Q1 24
30.1%
18.5%
Capex Intensity
GES
GES
MLI
MLI
Q4 25
2.1%
2.1%
Q3 25
2.8%
1.7%
Q2 25
3.4%
1.2%
Q1 25
2.4%
1.7%
Q4 24
3.0%
3.1%
Q3 24
2.8%
2.6%
Q2 24
3.6%
0.9%
Q1 24
2.4%
1.9%
Cash Conversion
GES
GES
MLI
MLI
Q4 25
-1.54×
0.92×
Q3 25
12.00×
1.49×
Q2 25
0.78×
Q1 25
2.25×
0.72×
Q4 24
1.02×
Q3 24
1.37×
Q2 24
-1.76×
0.63×
Q1 24
2.51×
1.25×

Financial Flow Comparison

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

Revenue Breakdown by Segment

GES
GES

Products$760.3M96%
Royalty$31.1M4%

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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