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

Mettler Toledo is the larger business by last-quarter revenue ($1.1B vs $962.4M, roughly 1.2× MUELLER INDUSTRIES INC). Mettler Toledo runs the higher net margin — 25.3% vs 16.0%, a 9.3% gap on every dollar of revenue. On growth, Mettler Toledo posted the faster year-over-year revenue change (8.1% vs 4.2%). Mettler Toledo produced more free cash flow last quarter ($184.1M vs $121.4M). Over the past eight quarters, Mettler Toledo's revenue compounded faster (10.5% CAGR vs 6.4%).

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.

Mettler Toledo, stylized in all caps, is a multinational supplier of precision instruments and services. The company focuses on laboratory, industrial, product inspection, and food retailing applications. Its products are used in research, quality control, and manufacturing processes in life sciences, food, chemical, and many other industries.

MLI vs MTD — Head-to-Head

Bigger by revenue
MTD
MTD
1.2× larger
MTD
$1.1B
$962.4M
MLI
Growing faster (revenue YoY)
MTD
MTD
+3.9% gap
MTD
8.1%
4.2%
MLI
Higher net margin
MTD
MTD
9.3% more per $
MTD
25.3%
16.0%
MLI
More free cash flow
MTD
MTD
$62.7M more FCF
MTD
$184.1M
$121.4M
MLI
Faster 2-yr revenue CAGR
MTD
MTD
Annualised
MTD
10.5%
6.4%
MLI

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
MLI
MLI
MTD
MTD
Revenue
$962.4M
$1.1B
Net Profit
$153.7M
$285.8M
Gross Margin
59.8%
Operating Margin
17.9%
29.1%
Net Margin
16.0%
25.3%
Revenue YoY
4.2%
8.1%
Net Profit YoY
11.7%
13.3%
EPS (diluted)
$1.37
$13.91

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
MLI
MLI
MTD
MTD
Q4 25
$962.4M
$1.1B
Q3 25
$1.1B
$1.0B
Q2 25
$1.1B
$983.2M
Q1 25
$1.0B
$883.7M
Q4 24
$923.5M
$1.0B
Q3 24
$997.8M
$954.5M
Q2 24
$997.7M
$946.8M
Q1 24
$849.7M
$925.9M
Net Profit
MLI
MLI
MTD
MTD
Q4 25
$153.7M
$285.8M
Q3 25
$208.1M
$217.5M
Q2 25
$245.9M
$202.3M
Q1 25
$157.4M
$163.6M
Q4 24
$137.7M
$252.3M
Q3 24
$168.7M
$211.5M
Q2 24
$160.2M
$221.8M
Q1 24
$138.4M
$177.5M
Gross Margin
MLI
MLI
MTD
MTD
Q4 25
59.8%
Q3 25
59.2%
Q2 25
59.0%
Q1 25
59.5%
Q4 24
61.2%
Q3 24
27.6%
60.0%
Q2 24
27.3%
59.7%
Q1 24
28.4%
59.2%
Operating Margin
MLI
MLI
MTD
MTD
Q4 25
17.9%
29.1%
Q3 25
25.6%
26.1%
Q2 25
26.7%
25.3%
Q1 25
20.6%
22.9%
Q4 24
18.4%
30.1%
Q3 24
20.7%
27.1%
Q2 24
21.0%
25.7%
Q1 24
21.6%
23.8%
Net Margin
MLI
MLI
MTD
MTD
Q4 25
16.0%
25.3%
Q3 25
19.3%
21.1%
Q2 25
21.6%
20.6%
Q1 25
15.7%
18.5%
Q4 24
14.9%
24.1%
Q3 24
16.9%
22.2%
Q2 24
16.1%
23.4%
Q1 24
16.3%
19.2%
EPS (diluted)
MLI
MLI
MTD
MTD
Q4 25
$1.37
$13.91
Q3 25
$1.88
$10.57
Q2 25
$2.22
$9.76
Q1 25
$1.39
$7.81
Q4 24
$1.21
$11.91
Q3 24
$1.48
$9.96
Q2 24
$1.41
$10.37
Q1 24
$1.21
$8.24

Balance Sheet & Financial Strength

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

Metric
MLI
MLI
MTD
MTD
Cash + ST InvestmentsLiquidity on hand
$1.4B
Total DebtLower is stronger
$2.1B
Stockholders' EquityBook value
$3.2B
$-23.6M
Total Assets
$3.7B
$3.7B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
MLI
MLI
MTD
MTD
Q4 25
$1.4B
Q3 25
$1.3B
$69.1M
Q2 25
$1.1B
$61.8M
Q1 25
$873.6M
Q4 24
$1.1B
$59.4M
Q3 24
$969.6M
$71.6M
Q2 24
$825.7M
$70.8M
Q1 24
$1.4B
Total Debt
MLI
MLI
MTD
MTD
Q4 25
$2.1B
Q3 25
$2.1B
Q2 25
$2.1B
Q1 25
Q4 24
$1.8B
Q3 24
$1.9B
Q2 24
$1.7B
Q1 24
Stockholders' Equity
MLI
MLI
MTD
MTD
Q4 25
$3.2B
$-23.6M
Q3 25
$3.1B
$-249.2M
Q2 25
$2.9B
$-258.8M
Q1 25
$2.7B
$-182.0M
Q4 24
$2.8B
$-126.9M
Q3 24
$2.7B
$-154.4M
Q2 24
$2.5B
$-152.8M
Q1 24
$2.4B
$-158.7M
Total Assets
MLI
MLI
MTD
MTD
Q4 25
$3.7B
$3.7B
Q3 25
$3.7B
$3.5B
Q2 25
$3.5B
$3.4B
Q1 25
$3.2B
$3.2B
Q4 24
$3.3B
$3.2B
Q3 24
$3.2B
$3.3B
Q2 24
$3.1B
$3.2B
Q1 24
$2.9B
$3.3B

Cash Flow & Capital Efficiency

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

Metric
MLI
MLI
MTD
MTD
Operating Cash FlowLast quarter
$141.2M
$225.6M
Free Cash FlowOCF − Capex
$121.4M
$184.1M
FCF MarginFCF / Revenue
12.6%
16.3%
Capex IntensityCapex / Revenue
2.1%
3.7%
Cash ConversionOCF / Net Profit
0.92×
0.79×
TTM Free Cash FlowTrailing 4 quarters
$686.6M
$848.6M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
MLI
MLI
MTD
MTD
Q4 25
$141.2M
$225.6M
Q3 25
$310.1M
$299.4M
Q2 25
$190.6M
$236.4M
Q1 25
$113.6M
$194.4M
Q4 24
$140.1M
$266.2M
Q3 24
$231.4M
$254.7M
Q2 24
$100.8M
$257.5M
Q1 24
$173.6M
$190.0M
Free Cash Flow
MLI
MLI
MTD
MTD
Q4 25
$121.4M
$184.1M
Q3 25
$291.8M
$274.9M
Q2 25
$176.5M
$212.5M
Q1 25
$97.0M
$177.2M
Q4 24
$111.2M
$224.9M
Q3 24
$205.7M
$233.2M
Q2 24
$91.6M
$233.7M
Q1 24
$157.2M
$172.6M
FCF Margin
MLI
MLI
MTD
MTD
Q4 25
12.6%
16.3%
Q3 25
27.1%
26.7%
Q2 25
15.5%
21.6%
Q1 25
9.7%
20.1%
Q4 24
12.0%
21.5%
Q3 24
20.6%
24.4%
Q2 24
9.2%
24.7%
Q1 24
18.5%
18.6%
Capex Intensity
MLI
MLI
MTD
MTD
Q4 25
2.1%
3.7%
Q3 25
1.7%
2.4%
Q2 25
1.2%
2.4%
Q1 25
1.7%
2.0%
Q4 24
3.1%
3.9%
Q3 24
2.6%
2.2%
Q2 24
0.9%
2.5%
Q1 24
1.9%
1.9%
Cash Conversion
MLI
MLI
MTD
MTD
Q4 25
0.92×
0.79×
Q3 25
1.49×
1.38×
Q2 25
0.78×
1.17×
Q1 25
0.72×
1.19×
Q4 24
1.02×
1.06×
Q3 24
1.37×
1.20×
Q2 24
0.63×
1.16×
Q1 24
1.25×
1.07×

Financial Flow Comparison

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

Revenue Breakdown by Segment

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%

MTD
MTD

Products$857.0M76%
Services$272.8M24%

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