vs

Side-by-side financial comparison of LCI INDUSTRIES (LCII) 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 $932.7M, roughly 1.0× LCI INDUSTRIES). MUELLER INDUSTRIES INC runs the higher net margin — 16.0% vs 2.0%, a 14.0% gap on every dollar of revenue. On growth, LCI INDUSTRIES posted the faster year-over-year revenue change (16.1% vs 4.2%). MUELLER INDUSTRIES INC produced more free cash flow last quarter ($121.4M vs $64.3M). Over the past eight quarters, MUELLER INDUSTRIES INC's revenue compounded faster (6.4% CAGR vs -1.8%).

Lucky Core Industries Limited, formerly known as ICI Pakistan, is a Pakistani conglomerate company headquartered in Karachi. It manufactures polyester, pharmaceutical, agrochemical, soda ash, and veterinary medicine.

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.

LCII vs MLI — Head-to-Head

Bigger by revenue
MLI
MLI
1.0× larger
MLI
$962.4M
$932.7M
LCII
Growing faster (revenue YoY)
LCII
LCII
+11.9% gap
LCII
16.1%
4.2%
MLI
Higher net margin
MLI
MLI
14.0% more per $
MLI
16.0%
2.0%
LCII
More free cash flow
MLI
MLI
$57.1M more FCF
MLI
$121.4M
$64.3M
LCII
Faster 2-yr revenue CAGR
MLI
MLI
Annualised
MLI
6.4%
-1.8%
LCII

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
LCII
LCII
MLI
MLI
Revenue
$932.7M
$962.4M
Net Profit
$18.7M
$153.7M
Gross Margin
22.1%
Operating Margin
3.8%
17.9%
Net Margin
2.0%
16.0%
Revenue YoY
16.1%
4.2%
Net Profit YoY
95.7%
11.7%
EPS (diluted)
$0.79
$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
LCII
LCII
MLI
MLI
Q4 25
$932.7M
$962.4M
Q3 25
$1.0B
$1.1B
Q2 25
$1.1B
$1.1B
Q1 25
$1.0B
$1.0B
Q4 24
$803.1M
$923.5M
Q3 24
$915.5M
$997.8M
Q2 24
$1.1B
$997.7M
Q1 24
$968.0M
$849.7M
Net Profit
LCII
LCII
MLI
MLI
Q4 25
$18.7M
$153.7M
Q3 25
$62.5M
$208.1M
Q2 25
$57.6M
$245.9M
Q1 25
$49.4M
$157.4M
Q4 24
$9.5M
$137.7M
Q3 24
$35.6M
$168.7M
Q2 24
$61.2M
$160.2M
Q1 24
$36.5M
$138.4M
Gross Margin
LCII
LCII
MLI
MLI
Q4 25
22.1%
Q3 25
24.4%
Q2 25
24.4%
Q1 25
24.1%
Q4 24
21.1%
Q3 24
24.0%
27.6%
Q2 24
25.3%
27.3%
Q1 24
23.1%
28.4%
Operating Margin
LCII
LCII
MLI
MLI
Q4 25
3.8%
17.9%
Q3 25
7.3%
25.6%
Q2 25
7.9%
26.7%
Q1 25
7.8%
20.6%
Q4 24
2.0%
18.4%
Q3 24
5.9%
20.7%
Q2 24
8.6%
21.0%
Q1 24
6.0%
21.6%
Net Margin
LCII
LCII
MLI
MLI
Q4 25
2.0%
16.0%
Q3 25
6.0%
19.3%
Q2 25
5.2%
21.6%
Q1 25
4.7%
15.7%
Q4 24
1.2%
14.9%
Q3 24
3.9%
16.9%
Q2 24
5.8%
16.1%
Q1 24
3.8%
16.3%
EPS (diluted)
LCII
LCII
MLI
MLI
Q4 25
$0.79
$1.37
Q3 25
$2.55
$1.88
Q2 25
$2.29
$2.22
Q1 25
$1.94
$1.39
Q4 24
$0.37
$1.21
Q3 24
$1.39
$1.48
Q2 24
$2.40
$1.41
Q1 24
$1.44
$1.21

Balance Sheet & Financial Strength

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

Metric
LCII
LCII
MLI
MLI
Cash + ST InvestmentsLiquidity on hand
$222.6M
$1.4B
Total DebtLower is stronger
$945.2M
Stockholders' EquityBook value
$1.4B
$3.2B
Total Assets
$3.2B
$3.7B
Debt / EquityLower = less leverage
0.69×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
LCII
LCII
MLI
MLI
Q4 25
$222.6M
$1.4B
Q3 25
$199.7M
$1.3B
Q2 25
$191.9M
$1.1B
Q1 25
$231.2M
$873.6M
Q4 24
$165.8M
$1.1B
Q3 24
$161.2M
$969.6M
Q2 24
$130.4M
$825.7M
Q1 24
$22.6M
$1.4B
Total Debt
LCII
LCII
MLI
MLI
Q4 25
$945.2M
Q3 25
$947.8M
Q2 25
$948.0M
Q1 25
$938.3M
Q4 24
$757.3M
Q3 24
$822.5M
Q2 24
$829.7M
Q1 24
$855.3M
Stockholders' Equity
LCII
LCII
MLI
MLI
Q4 25
$1.4B
$3.2B
Q3 25
$1.4B
$3.1B
Q2 25
$1.4B
$2.9B
Q1 25
$1.4B
$2.7B
Q4 24
$1.4B
$2.8B
Q3 24
$1.4B
$2.7B
Q2 24
$1.4B
$2.5B
Q1 24
$1.4B
$2.4B
Total Assets
LCII
LCII
MLI
MLI
Q4 25
$3.2B
$3.7B
Q3 25
$3.2B
$3.7B
Q2 25
$3.2B
$3.5B
Q1 25
$3.1B
$3.2B
Q4 24
$2.9B
$3.3B
Q3 24
$3.0B
$3.2B
Q2 24
$3.0B
$3.1B
Q1 24
$3.0B
$2.9B
Debt / Equity
LCII
LCII
MLI
MLI
Q4 25
0.69×
Q3 25
0.70×
Q2 25
0.68×
Q1 25
0.69×
Q4 24
0.55×
Q3 24
0.58×
Q2 24
0.60×
Q1 24
0.63×

Cash Flow & Capital Efficiency

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

Metric
LCII
LCII
MLI
MLI
Operating Cash FlowLast quarter
$78.9M
$141.2M
Free Cash FlowOCF − Capex
$64.3M
$121.4M
FCF MarginFCF / Revenue
6.9%
12.6%
Capex IntensityCapex / Revenue
1.6%
2.1%
Cash ConversionOCF / Net Profit
4.22×
0.92×
TTM Free Cash FlowTrailing 4 quarters
$278.3M
$686.6M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
LCII
LCII
MLI
MLI
Q4 25
$78.9M
$141.2M
Q3 25
$97.2M
$310.1M
Q2 25
$112.2M
$190.6M
Q1 25
$42.7M
$113.6M
Q4 24
$106.6M
$140.1M
Q3 24
$78.4M
$231.4M
Q2 24
$192.9M
$100.8M
Q1 24
$-7.7M
$173.6M
Free Cash Flow
LCII
LCII
MLI
MLI
Q4 25
$64.3M
$121.4M
Q3 25
$80.9M
$291.8M
Q2 25
$99.5M
$176.5M
Q1 25
$33.7M
$97.0M
Q4 24
$95.7M
$111.2M
Q3 24
$68.3M
$205.7M
Q2 24
$180.2M
$91.6M
Q1 24
$-16.3M
$157.2M
FCF Margin
LCII
LCII
MLI
MLI
Q4 25
6.9%
12.6%
Q3 25
7.8%
27.1%
Q2 25
9.0%
15.5%
Q1 25
3.2%
9.7%
Q4 24
11.9%
12.0%
Q3 24
7.5%
20.6%
Q2 24
17.1%
9.2%
Q1 24
-1.7%
18.5%
Capex Intensity
LCII
LCII
MLI
MLI
Q4 25
1.6%
2.1%
Q3 25
1.6%
1.7%
Q2 25
1.2%
1.2%
Q1 25
0.9%
1.7%
Q4 24
1.4%
3.1%
Q3 24
1.1%
2.6%
Q2 24
1.2%
0.9%
Q1 24
0.9%
1.9%
Cash Conversion
LCII
LCII
MLI
MLI
Q4 25
4.22×
0.92×
Q3 25
1.55×
1.49×
Q2 25
1.95×
0.78×
Q1 25
0.86×
0.72×
Q4 24
11.17×
1.02×
Q3 24
2.20×
1.37×
Q2 24
3.15×
0.63×
Q1 24
-0.21×
1.25×

Financial Flow Comparison

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

Revenue Breakdown by Segment

LCII
LCII

Travel Trailer And Fifth Wheels$378.4M41%
Chassis Chassis Partsand Slideout Mechanisms$206.1M22%
Furnitureand Mattresses$120.4M13%
Appliances$69.9M7%
Other Products$69.1M7%
Axlesand Suspension Solutions$62.3M7%
Motorhomes$34.2M4%

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%

Related Comparisons