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

MUELLER INDUSTRIES INC is the larger business by last-quarter revenue ($962.4M vs $736.0M, roughly 1.3× Opendoor Technologies Inc.). MUELLER INDUSTRIES INC runs the higher net margin — 16.0% vs -148.9%, a 164.9% gap on every dollar of revenue. On growth, MUELLER INDUSTRIES INC posted the faster year-over-year revenue change (4.2% vs -32.1%). MUELLER INDUSTRIES INC produced more free cash flow last quarter ($121.4M vs $67.0M). Over the past eight quarters, MUELLER INDUSTRIES INC's revenue compounded faster (6.4% CAGR vs -21.1%).

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.

Opendoor Technologies Inc. is an online company that buys and sells residential real estate. Headquartered in San Francisco, it makes instant cash offers on homes through an online process, makes repairs on the properties it purchases and re-lists them for sale. It also provides mobile application-based home buying services along with financing. As of November 2021, the company operates in 44 markets in the US.

MLI vs OPEN — Head-to-Head

Bigger by revenue
MLI
MLI
1.3× larger
MLI
$962.4M
$736.0M
OPEN
Growing faster (revenue YoY)
MLI
MLI
+36.3% gap
MLI
4.2%
-32.1%
OPEN
Higher net margin
MLI
MLI
164.9% more per $
MLI
16.0%
-148.9%
OPEN
More free cash flow
MLI
MLI
$54.4M more FCF
MLI
$121.4M
$67.0M
OPEN
Faster 2-yr revenue CAGR
MLI
MLI
Annualised
MLI
6.4%
-21.1%
OPEN

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
MLI
MLI
OPEN
OPEN
Revenue
$962.4M
$736.0M
Net Profit
$153.7M
$-1.1B
Gross Margin
7.7%
Operating Margin
17.9%
-20.4%
Net Margin
16.0%
-148.9%
Revenue YoY
4.2%
-32.1%
Net Profit YoY
11.7%
-869.9%
EPS (diluted)
$1.37
$-1.42

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
OPEN
OPEN
Q4 25
$962.4M
$736.0M
Q3 25
$1.1B
$915.0M
Q2 25
$1.1B
$1.6B
Q1 25
$1.0B
$1.2B
Q4 24
$923.5M
$1.1B
Q3 24
$997.8M
$1.4B
Q2 24
$997.7M
$1.5B
Q1 24
$849.7M
$1.2B
Net Profit
MLI
MLI
OPEN
OPEN
Q4 25
$153.7M
$-1.1B
Q3 25
$208.1M
$-90.0M
Q2 25
$245.9M
$-29.0M
Q1 25
$157.4M
$-85.0M
Q4 24
$137.7M
$-113.0M
Q3 24
$168.7M
$-78.0M
Q2 24
$160.2M
$-92.0M
Q1 24
$138.4M
$-109.0M
Gross Margin
MLI
MLI
OPEN
OPEN
Q4 25
7.7%
Q3 25
7.2%
Q2 25
8.2%
Q1 25
8.6%
Q4 24
7.8%
Q3 24
27.6%
7.6%
Q2 24
27.3%
8.5%
Q1 24
28.4%
9.7%
Operating Margin
MLI
MLI
OPEN
OPEN
Q4 25
17.9%
-20.4%
Q3 25
25.6%
-7.4%
Q2 25
26.7%
-0.8%
Q1 25
20.6%
-4.9%
Q4 24
18.4%
-8.7%
Q3 24
20.7%
-4.9%
Q2 24
21.0%
-4.8%
Q1 24
21.6%
-7.4%
Net Margin
MLI
MLI
OPEN
OPEN
Q4 25
16.0%
-148.9%
Q3 25
19.3%
-9.8%
Q2 25
21.6%
-1.9%
Q1 25
15.7%
-7.4%
Q4 24
14.9%
-10.4%
Q3 24
16.9%
-5.7%
Q2 24
16.1%
-6.1%
Q1 24
16.3%
-9.2%
EPS (diluted)
MLI
MLI
OPEN
OPEN
Q4 25
$1.37
$-1.42
Q3 25
$1.88
$-0.12
Q2 25
$2.22
$-0.04
Q1 25
$1.39
$-0.12
Q4 24
$1.21
$-0.16
Q3 24
$1.48
$-0.11
Q2 24
$1.41
$-0.13
Q1 24
$1.21
$-0.16

Balance Sheet & Financial Strength

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

Metric
MLI
MLI
OPEN
OPEN
Cash + ST InvestmentsLiquidity on hand
$1.4B
$962.0M
Total DebtLower is stronger
Stockholders' EquityBook value
$3.2B
$1.0B
Total Assets
$3.7B
$2.4B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
MLI
MLI
OPEN
OPEN
Q4 25
$1.4B
$962.0M
Q3 25
$1.3B
$962.0M
Q2 25
$1.1B
$789.0M
Q1 25
$873.6M
$559.0M
Q4 24
$1.1B
$679.0M
Q3 24
$969.6M
$837.0M
Q2 24
$825.7M
$809.0M
Q1 24
$1.4B
$990.0M
Stockholders' Equity
MLI
MLI
OPEN
OPEN
Q4 25
$3.2B
$1.0B
Q3 25
$3.1B
$811.0M
Q2 25
$2.9B
$631.0M
Q1 25
$2.7B
$645.0M
Q4 24
$2.8B
$713.0M
Q3 24
$2.7B
$801.0M
Q2 24
$2.5B
$845.0M
Q1 24
$2.4B
$899.0M
Total Assets
MLI
MLI
OPEN
OPEN
Q4 25
$3.7B
$2.4B
Q3 25
$3.7B
$2.7B
Q2 25
$3.5B
$2.9B
Q1 25
$3.2B
$3.3B
Q4 24
$3.3B
$3.1B
Q3 24
$3.2B
$3.4B
Q2 24
$3.1B
$3.4B
Q1 24
$2.9B
$3.4B

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
OPEN
OPEN
Operating Cash FlowLast quarter
$141.2M
$70.0M
Free Cash FlowOCF − Capex
$121.4M
$67.0M
FCF MarginFCF / Revenue
12.6%
9.1%
Capex IntensityCapex / Revenue
2.1%
0.4%
Cash ConversionOCF / Net Profit
0.92×
TTM Free Cash FlowTrailing 4 quarters
$686.6M
$1.0B

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
MLI
MLI
OPEN
OPEN
Q4 25
$141.2M
$70.0M
Q3 25
$310.1M
$435.0M
Q2 25
$190.6M
$823.0M
Q1 25
$113.6M
$-279.0M
Q4 24
$140.1M
$-80.0M
Q3 24
$231.4M
$62.0M
Q2 24
$100.8M
$-399.0M
Q1 24
$173.6M
$-178.0M
Free Cash Flow
MLI
MLI
OPEN
OPEN
Q4 25
$121.4M
$67.0M
Q3 25
$291.8M
$432.0M
Q2 25
$176.5M
$821.0M
Q1 25
$97.0M
$-283.0M
Q4 24
$111.2M
$-83.0M
Q3 24
$205.7M
$56.0M
Q2 24
$91.6M
$-407.0M
Q1 24
$157.2M
$-186.0M
FCF Margin
MLI
MLI
OPEN
OPEN
Q4 25
12.6%
9.1%
Q3 25
27.1%
47.2%
Q2 25
15.5%
52.4%
Q1 25
9.7%
-24.5%
Q4 24
12.0%
-7.7%
Q3 24
20.6%
4.1%
Q2 24
9.2%
-26.9%
Q1 24
18.5%
-15.7%
Capex Intensity
MLI
MLI
OPEN
OPEN
Q4 25
2.1%
0.4%
Q3 25
1.7%
0.3%
Q2 25
1.2%
0.1%
Q1 25
1.7%
0.3%
Q4 24
3.1%
0.3%
Q3 24
2.6%
0.4%
Q2 24
0.9%
0.5%
Q1 24
1.9%
0.7%
Cash Conversion
MLI
MLI
OPEN
OPEN
Q4 25
0.92×
Q3 25
1.49×
Q2 25
0.78×
Q1 25
0.72×
Q4 24
1.02×
Q3 24
1.37×
Q2 24
0.63×
Q1 24
1.25×

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%

OPEN
OPEN

Segment breakdown not available.

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