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Side-by-side financial comparison of MATTEL INC (MAT) 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 $862.2M, roughly 1.1× MATTEL 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, MATTEL INC posted the faster year-over-year revenue change (4.3% vs 4.2%). MUELLER INDUSTRIES INC produced more free cash flow last quarter ($121.4M vs $-88.1M). Over the past eight quarters, MUELLER INDUSTRIES INC's revenue compounded faster (6.4% CAGR vs -10.6%).

Mattel Films was the film production division of American toy and entertainment company Mattel that operated from September 6, 2018 to June 2, 2025. It succeeded Mattel Playground Productions, which was formed on October 16, 2013 as part of Mattel Global Brands, a unified media structural and strategy unit, as itself the successor to Mattel Entertainment and Mattel Studios, Mattel's prior entertainment brands/banners.

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.

MAT vs MLI — Head-to-Head

Bigger by revenue
MLI
MLI
1.1× larger
MLI
$962.4M
$862.2M
MAT
Growing faster (revenue YoY)
MAT
MAT
+0.1% gap
MAT
4.3%
4.2%
MLI
Higher net margin
MLI
MLI
8.9% more per $
MLI
16.0%
7.1%
MAT
More free cash flow
MLI
MLI
$209.5M more FCF
MLI
$121.4M
$-88.1M
MAT
Faster 2-yr revenue CAGR
MLI
MLI
Annualised
MLI
6.4%
-10.6%
MAT

Income Statement — Q1 FY2026 vs Q4 FY2025

Metric
MAT
MAT
MLI
MLI
Revenue
$862.2M
$962.4M
Net Profit
$61.0M
$153.7M
Gross Margin
44.9%
Operating Margin
17.9%
Net Margin
7.1%
16.0%
Revenue YoY
4.3%
4.2%
Net Profit YoY
251.4%
11.7%
EPS (diluted)
$0.20
$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
MAT
MAT
MLI
MLI
Q1 26
$862.2M
Q4 25
$1.8B
$962.4M
Q3 25
$1.7B
$1.1B
Q2 25
$1.0B
$1.1B
Q1 25
$826.6M
$1.0B
Q4 24
$1.6B
$923.5M
Q3 24
$1.8B
$997.8M
Q2 24
$1.1B
$997.7M
Net Profit
MAT
MAT
MLI
MLI
Q1 26
$61.0M
Q4 25
$106.2M
$153.7M
Q3 25
$278.4M
$208.1M
Q2 25
$53.4M
$245.9M
Q1 25
$-40.3M
$157.4M
Q4 24
$140.9M
$137.7M
Q3 24
$372.4M
$168.7M
Q2 24
$56.9M
$160.2M
Gross Margin
MAT
MAT
MLI
MLI
Q1 26
44.9%
Q4 25
45.9%
Q3 25
50.0%
Q2 25
50.9%
Q1 25
49.4%
Q4 24
50.7%
Q3 24
53.1%
27.6%
Q2 24
49.2%
27.3%
Operating Margin
MAT
MAT
MLI
MLI
Q1 26
Q4 25
8.0%
17.9%
Q3 25
21.9%
25.6%
Q2 25
7.7%
26.7%
Q1 25
-6.4%
20.6%
Q4 24
9.6%
18.4%
Q3 24
26.5%
20.7%
Q2 24
7.7%
21.0%
Net Margin
MAT
MAT
MLI
MLI
Q1 26
7.1%
Q4 25
6.0%
16.0%
Q3 25
16.0%
19.3%
Q2 25
5.2%
21.6%
Q1 25
-4.9%
15.7%
Q4 24
8.6%
14.9%
Q3 24
20.2%
16.9%
Q2 24
5.3%
16.1%
EPS (diluted)
MAT
MAT
MLI
MLI
Q1 26
$0.20
Q4 25
$0.32
$1.37
Q3 25
$0.88
$1.88
Q2 25
$0.16
$2.22
Q1 25
$-0.12
$1.39
Q4 24
$0.40
$1.21
Q3 24
$1.09
$1.48
Q2 24
$0.17
$1.41

Balance Sheet & Financial Strength

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

Metric
MAT
MAT
MLI
MLI
Cash + ST InvestmentsLiquidity on hand
$866.0M
$1.4B
Total DebtLower is stronger
$2.3B
Stockholders' EquityBook value
$2.1B
$3.2B
Total Assets
$6.3B
$3.7B
Debt / EquityLower = less leverage
1.11×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
MAT
MAT
MLI
MLI
Q1 26
$866.0M
Q4 25
$1.2B
$1.4B
Q3 25
$691.9M
$1.3B
Q2 25
$870.5M
$1.1B
Q1 25
$1.2B
$873.6M
Q4 24
$1.4B
$1.1B
Q3 24
$723.5M
$969.6M
Q2 24
$722.4M
$825.7M
Total Debt
MAT
MAT
MLI
MLI
Q1 26
$2.3B
Q4 25
$2.3B
Q3 25
$2.3B
Q2 25
$2.3B
Q1 25
$2.3B
Q4 24
$2.3B
Q3 24
$2.3B
Q2 24
$2.3B
Stockholders' Equity
MAT
MAT
MLI
MLI
Q1 26
$2.1B
Q4 25
$2.2B
$3.2B
Q3 25
$2.3B
$3.1B
Q2 25
$2.2B
$2.9B
Q1 25
$2.1B
$2.7B
Q4 24
$2.3B
$2.8B
Q3 24
$2.3B
$2.7B
Q2 24
$2.0B
$2.5B
Total Assets
MAT
MAT
MLI
MLI
Q1 26
$6.3B
Q4 25
$6.6B
$3.7B
Q3 25
$6.6B
$3.7B
Q2 25
$6.2B
$3.5B
Q1 25
$6.2B
$3.2B
Q4 24
$6.5B
$3.3B
Q3 24
$6.5B
$3.2B
Q2 24
$5.9B
$3.1B
Debt / Equity
MAT
MAT
MLI
MLI
Q1 26
1.11×
Q4 25
1.04×
Q3 25
1.03×
Q2 25
1.08×
Q1 25
1.10×
Q4 24
1.03×
Q3 24
1.01×
Q2 24
1.18×

Cash Flow & Capital Efficiency

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

Metric
MAT
MAT
MLI
MLI
Operating Cash FlowLast quarter
$141.2M
Free Cash FlowOCF − Capex
$-88.1M
$121.4M
FCF MarginFCF / Revenue
-10.2%
12.6%
Capex IntensityCapex / Revenue
7.6%
2.1%
Cash ConversionOCF / Net Profit
0.92×
TTM Free Cash FlowTrailing 4 quarters
$686.6M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
MAT
MAT
MLI
MLI
Q1 26
Q4 25
$796.6M
$141.2M
Q3 25
$72.0M
$310.1M
Q2 25
$-300.1M
$190.6M
Q1 25
$24.8M
$113.6M
Q4 24
$862.1M
$140.1M
Q3 24
$155.8M
$231.4M
Q2 24
$-252.9M
$100.8M
Free Cash Flow
MAT
MAT
MLI
MLI
Q1 26
$-88.1M
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
FCF Margin
MAT
MAT
MLI
MLI
Q1 26
-10.2%
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%
Capex Intensity
MAT
MAT
MLI
MLI
Q1 26
7.6%
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%
Cash Conversion
MAT
MAT
MLI
MLI
Q1 26
Q4 25
7.50×
0.92×
Q3 25
0.26×
1.49×
Q2 25
-5.62×
0.78×
Q1 25
0.72×
Q4 24
6.12×
1.02×
Q3 24
0.42×
1.37×
Q2 24
-4.45×
0.63×

Financial Flow Comparison

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

Revenue Breakdown by Segment

MAT
MAT

Segment breakdown not available.

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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