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Side-by-side financial comparison of GLOBALFOUNDRIES Inc. (GFS) and MUELLER INDUSTRIES INC (MLI). Click either name above to swap in a different company.

GLOBALFOUNDRIES Inc. is the larger business by last-quarter revenue ($1.7B vs $962.4M, roughly 1.8× MUELLER INDUSTRIES INC). MUELLER INDUSTRIES INC runs the higher net margin — 16.0% vs 14.8%, a 1.2% gap on every dollar of revenue. On growth, MUELLER INDUSTRIES INC posted the faster year-over-year revenue change (4.2% vs -2.9%). Over the past eight quarters, MUELLER INDUSTRIES INC's revenue compounded faster (6.4% CAGR vs -4.3%).

GlobalFoundries Inc. is a multinational semiconductor contract manufacturing and design company domiciled in the Cayman Islands and headquartered in Malta, New York. Created by the divestiture of the manufacturing arm of AMD in March 2009, the company was privately owned by Mubadala Investment Company, a sovereign wealth fund of the United Arab Emirates, until an initial public offering (IPO) in October 2021. Mubadala remains the majority owner of the company with an 82% stake.

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.

GFS vs MLI — Head-to-Head

Bigger by revenue
GFS
GFS
1.8× larger
GFS
$1.7B
$962.4M
MLI
Growing faster (revenue YoY)
MLI
MLI
+7.1% gap
MLI
4.2%
-2.9%
GFS
Higher net margin
MLI
MLI
1.2% more per $
MLI
16.0%
14.8%
GFS
Faster 2-yr revenue CAGR
MLI
MLI
Annualised
MLI
6.4%
-4.3%
GFS

Income Statement — Q3 FY2025 vs Q4 FY2025

Metric
GFS
GFS
MLI
MLI
Revenue
$1.7B
$962.4M
Net Profit
$249.0M
$153.7M
Gross Margin
24.8%
Operating Margin
11.6%
17.9%
Net Margin
14.8%
16.0%
Revenue YoY
-2.9%
4.2%
Net Profit YoY
39.9%
11.7%
EPS (diluted)
$0.44
$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
GFS
GFS
MLI
MLI
Q4 25
$962.4M
Q3 25
$1.7B
$1.1B
Q2 25
$1.7B
$1.1B
Q1 25
$1.6B
$1.0B
Q4 24
$923.5M
Q3 24
$1.7B
$997.8M
Q2 24
$1.6B
$997.7M
Q1 24
$1.5B
$849.7M
Net Profit
GFS
GFS
MLI
MLI
Q4 25
$153.7M
Q3 25
$249.0M
$208.1M
Q2 25
$228.0M
$245.9M
Q1 25
$211.0M
$157.4M
Q4 24
$137.7M
Q3 24
$178.0M
$168.7M
Q2 24
$155.0M
$160.2M
Q1 24
$134.0M
$138.4M
Gross Margin
GFS
GFS
MLI
MLI
Q4 25
Q3 25
24.8%
Q2 25
24.2%
Q1 25
22.4%
Q4 24
Q3 24
23.8%
27.6%
Q2 24
24.2%
27.3%
Q1 24
25.4%
28.4%
Operating Margin
GFS
GFS
MLI
MLI
Q4 25
17.9%
Q3 25
11.6%
25.6%
Q2 25
11.6%
26.7%
Q1 25
9.5%
20.6%
Q4 24
18.4%
Q3 24
10.6%
20.7%
Q2 24
9.5%
21.0%
Q1 24
9.5%
21.6%
Net Margin
GFS
GFS
MLI
MLI
Q4 25
16.0%
Q3 25
14.8%
19.3%
Q2 25
13.5%
21.6%
Q1 25
13.3%
15.7%
Q4 24
14.9%
Q3 24
10.2%
16.9%
Q2 24
9.5%
16.1%
Q1 24
8.7%
16.3%
EPS (diluted)
GFS
GFS
MLI
MLI
Q4 25
$1.37
Q3 25
$0.44
$1.88
Q2 25
$0.41
$2.22
Q1 25
$0.38
$1.39
Q4 24
$1.21
Q3 24
$0.32
$1.48
Q2 24
$0.28
$1.41
Q1 24
$0.24
$1.21

Balance Sheet & Financial Strength

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

Metric
GFS
GFS
MLI
MLI
Cash + ST InvestmentsLiquidity on hand
$2.0B
$1.4B
Total DebtLower is stronger
Stockholders' EquityBook value
$11.8B
$3.2B
Total Assets
$16.7B
$3.7B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
GFS
GFS
MLI
MLI
Q4 25
$1.4B
Q3 25
$2.0B
$1.3B
Q2 25
$1.8B
$1.1B
Q1 25
$1.6B
$873.6M
Q4 24
$1.1B
Q3 24
$2.3B
$969.6M
Q2 24
$2.2B
$825.7M
Q1 24
$2.2B
$1.4B
Stockholders' Equity
GFS
GFS
MLI
MLI
Q4 25
$3.2B
Q3 25
$11.8B
$3.1B
Q2 25
$11.5B
$2.9B
Q1 25
$11.1B
$2.7B
Q4 24
$2.8B
Q3 24
$11.6B
$2.7B
Q2 24
$11.3B
$2.5B
Q1 24
$11.3B
$2.4B
Total Assets
GFS
GFS
MLI
MLI
Q4 25
$3.7B
Q3 25
$16.7B
$3.7B
Q2 25
$16.8B
$3.5B
Q1 25
$16.5B
$3.2B
Q4 24
$3.3B
Q3 24
$18.1B
$3.2B
Q2 24
$3.1B
Q1 24
$2.9B

Cash Flow & Capital Efficiency

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

Metric
GFS
GFS
MLI
MLI
Operating Cash FlowLast quarter
$595.0M
$141.2M
Free Cash FlowOCF − Capex
$121.4M
FCF MarginFCF / Revenue
12.6%
Capex IntensityCapex / Revenue
2.1%
Cash ConversionOCF / Net Profit
2.39×
0.92×
TTM Free Cash FlowTrailing 4 quarters
$686.6M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
GFS
GFS
MLI
MLI
Q4 25
$141.2M
Q3 25
$595.0M
$310.1M
Q2 25
$431.0M
$190.6M
Q1 25
$331.0M
$113.6M
Q4 24
$140.1M
Q3 24
$375.0M
$231.4M
Q2 24
$402.0M
$100.8M
Q1 24
$488.0M
$173.6M
Free Cash Flow
GFS
GFS
MLI
MLI
Q4 25
$121.4M
Q3 25
$291.8M
Q2 25
$176.5M
Q1 25
$97.0M
Q4 24
$111.2M
Q3 24
$205.7M
Q2 24
$91.6M
Q1 24
$157.2M
FCF Margin
GFS
GFS
MLI
MLI
Q4 25
12.6%
Q3 25
27.1%
Q2 25
15.5%
Q1 25
9.7%
Q4 24
12.0%
Q3 24
20.6%
Q2 24
9.2%
Q1 24
18.5%
Capex Intensity
GFS
GFS
MLI
MLI
Q4 25
2.1%
Q3 25
1.7%
Q2 25
1.2%
Q1 25
1.7%
Q4 24
3.1%
Q3 24
2.6%
Q2 24
0.9%
Q1 24
1.9%
Cash Conversion
GFS
GFS
MLI
MLI
Q4 25
0.92×
Q3 25
2.39×
1.49×
Q2 25
1.89×
0.78×
Q1 25
1.57×
0.72×
Q4 24
1.02×
Q3 24
2.11×
1.37×
Q2 24
2.59×
0.63×
Q1 24
3.64×
1.25×

Financial Flow Comparison

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

Revenue Breakdown by Segment

GFS
GFS

Smart Mobile Devices$752.0M45%
Automotive$306.0M18%
Home And Industrial Io T$258.0M15%
Goods Or Services Transferred Over Time$198.0M12%
Communications Infrastructure Datacenter$175.0M10%

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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