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Side-by-side financial comparison of MUELLER INDUSTRIES INC (MLI) and RESIDEO TECHNOLOGIES, INC. (REZI). Click either name above to swap in a different company.

RESIDEO TECHNOLOGIES, INC. is the larger business by last-quarter revenue ($1.9B vs $962.4M, roughly 2.0× MUELLER INDUSTRIES INC). MUELLER INDUSTRIES INC runs the higher net margin — 16.0% vs 7.2%, a 8.8% gap on every dollar of revenue. On growth, MUELLER INDUSTRIES INC posted the faster year-over-year revenue change (4.2% vs 2.0%). RESIDEO TECHNOLOGIES, INC. produced more free cash flow last quarter ($262.0M vs $121.4M). Over the past eight quarters, RESIDEO TECHNOLOGIES, INC.'s revenue compounded faster (12.9% 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.

Resideo Technologies, Inc. is an American multinational company that was formed in 2018 out of a spin-off from Honeywell. It provides room air temperature, quality, and humidity control and security systems primarily in residential dwellings in the U.S. and internationally. The company operates in two segments: products and distribution. It manufactures and distributes smart-home and software products, including temperature and lighting control, security, and water and air monitoring. The com...

MLI vs REZI — Head-to-Head

Bigger by revenue
REZI
REZI
2.0× larger
REZI
$1.9B
$962.4M
MLI
Growing faster (revenue YoY)
MLI
MLI
+2.2% gap
MLI
4.2%
2.0%
REZI
Higher net margin
MLI
MLI
8.8% more per $
MLI
16.0%
7.2%
REZI
More free cash flow
REZI
REZI
$140.6M more FCF
REZI
$262.0M
$121.4M
MLI
Faster 2-yr revenue CAGR
REZI
REZI
Annualised
REZI
12.9%
6.4%
MLI

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
MLI
MLI
REZI
REZI
Revenue
$962.4M
$1.9B
Net Profit
$153.7M
$136.0M
Gross Margin
29.6%
Operating Margin
17.9%
7.4%
Net Margin
16.0%
7.2%
Revenue YoY
4.2%
2.0%
Net Profit YoY
11.7%
491.3%
EPS (diluted)
$1.37
$0.99

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
REZI
REZI
Q4 25
$962.4M
$1.9B
Q3 25
$1.1B
$1.9B
Q2 25
$1.1B
$1.9B
Q1 25
$1.0B
$1.8B
Q4 24
$923.5M
$1.9B
Q3 24
$997.8M
$1.8B
Q2 24
$997.7M
$1.6B
Q1 24
$849.7M
$1.5B
Net Profit
MLI
MLI
REZI
REZI
Q4 25
$153.7M
$136.0M
Q3 25
$208.1M
$156.0M
Q2 25
$245.9M
$-825.0M
Q1 25
$157.4M
$6.0M
Q4 24
$137.7M
$23.0M
Q3 24
$168.7M
$20.0M
Q2 24
$160.2M
$30.0M
Q1 24
$138.4M
$43.0M
Gross Margin
MLI
MLI
REZI
REZI
Q4 25
29.6%
Q3 25
29.8%
Q2 25
29.3%
Q1 25
28.9%
Q4 24
28.5%
Q3 24
27.6%
28.7%
Q2 24
27.3%
28.1%
Q1 24
28.4%
26.9%
Operating Margin
MLI
MLI
REZI
REZI
Q4 25
17.9%
7.4%
Q3 25
25.6%
8.3%
Q2 25
26.7%
9.1%
Q1 25
20.6%
7.7%
Q4 24
18.4%
7.8%
Q3 24
20.7%
6.9%
Q2 24
21.0%
7.7%
Q1 24
21.6%
8.6%
Net Margin
MLI
MLI
REZI
REZI
Q4 25
16.0%
7.2%
Q3 25
19.3%
8.4%
Q2 25
21.6%
-42.5%
Q1 25
15.7%
0.3%
Q4 24
14.9%
1.2%
Q3 24
16.9%
1.1%
Q2 24
16.1%
1.9%
Q1 24
16.3%
2.9%
EPS (diluted)
MLI
MLI
REZI
REZI
Q4 25
$1.37
$0.99
Q3 25
$1.88
$0.85
Q2 25
$2.22
$-5.59
Q1 25
$1.39
$-0.02
Q4 24
$1.21
$0.06
Q3 24
$1.48
$0.07
Q2 24
$1.41
$0.19
Q1 24
$1.21
$0.29

Balance Sheet & Financial Strength

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

Metric
MLI
MLI
REZI
REZI
Cash + ST InvestmentsLiquidity on hand
$1.4B
$661.0M
Total DebtLower is stronger
$3.2B
Stockholders' EquityBook value
$3.2B
$2.9B
Total Assets
$3.7B
$8.4B
Debt / EquityLower = less leverage
1.11×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
MLI
MLI
REZI
REZI
Q4 25
$1.4B
$661.0M
Q3 25
$1.3B
$345.0M
Q2 25
$1.1B
$753.0M
Q1 25
$873.6M
$577.0M
Q4 24
$1.1B
$692.0M
Q3 24
$969.6M
$531.0M
Q2 24
$825.7M
$413.0M
Q1 24
$1.4B
$603.0M
Total Debt
MLI
MLI
REZI
REZI
Q4 25
$3.2B
Q3 25
$3.2B
Q2 25
$2.0B
Q1 25
$2.0B
Q4 24
$2.0B
Q3 24
$2.0B
Q2 24
$2.0B
Q1 24
$1.4B
Stockholders' Equity
MLI
MLI
REZI
REZI
Q4 25
$3.2B
$2.9B
Q3 25
$3.1B
$2.8B
Q2 25
$2.9B
$2.6B
Q1 25
$2.7B
$3.3B
Q4 24
$2.8B
$3.3B
Q3 24
$2.7B
$3.4B
Q2 24
$2.5B
$3.3B
Q1 24
$2.4B
$2.8B
Total Assets
MLI
MLI
REZI
REZI
Q4 25
$3.7B
$8.4B
Q3 25
$3.7B
$8.2B
Q2 25
$3.5B
$8.5B
Q1 25
$3.2B
$8.1B
Q4 24
$3.3B
$8.2B
Q3 24
$3.2B
$8.1B
Q2 24
$3.1B
$8.0B
Q1 24
$2.9B
$6.5B
Debt / Equity
MLI
MLI
REZI
REZI
Q4 25
1.11×
Q3 25
1.17×
Q2 25
0.77×
Q1 25
0.60×
Q4 24
0.61×
Q3 24
0.60×
Q2 24
0.61×
Q1 24
0.51×

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
REZI
REZI
Operating Cash FlowLast quarter
$141.2M
$299.0M
Free Cash FlowOCF − Capex
$121.4M
$262.0M
FCF MarginFCF / Revenue
12.6%
13.8%
Capex IntensityCapex / Revenue
2.1%
2.0%
Cash ConversionOCF / Net Profit
0.92×
2.20×
TTM Free Cash FlowTrailing 4 quarters
$686.6M
$-1.3B

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
MLI
MLI
REZI
REZI
Q4 25
$141.2M
$299.0M
Q3 25
$310.1M
$-1.6B
Q2 25
$190.6M
$200.0M
Q1 25
$113.6M
$-65.0M
Q4 24
$140.1M
$203.0M
Q3 24
$231.4M
$147.0M
Q2 24
$100.8M
$92.0M
Q1 24
$173.6M
$2.0M
Free Cash Flow
MLI
MLI
REZI
REZI
Q4 25
$121.4M
$262.0M
Q3 25
$291.8M
$-1.6B
Q2 25
$176.5M
$180.0M
Q1 25
$97.0M
$-96.0M
Q4 24
$111.2M
$181.0M
Q3 24
$205.7M
$125.0M
Q2 24
$91.6M
$77.0M
Q1 24
$157.2M
$-19.0M
FCF Margin
MLI
MLI
REZI
REZI
Q4 25
12.6%
13.8%
Q3 25
27.1%
-85.8%
Q2 25
15.5%
9.3%
Q1 25
9.7%
-5.4%
Q4 24
12.0%
9.7%
Q3 24
20.6%
6.8%
Q2 24
9.2%
4.8%
Q1 24
18.5%
-1.3%
Capex Intensity
MLI
MLI
REZI
REZI
Q4 25
2.1%
2.0%
Q3 25
1.7%
1.5%
Q2 25
1.2%
1.0%
Q1 25
1.7%
1.8%
Q4 24
3.1%
1.2%
Q3 24
2.6%
1.2%
Q2 24
0.9%
0.9%
Q1 24
1.9%
1.4%
Cash Conversion
MLI
MLI
REZI
REZI
Q4 25
0.92×
2.20×
Q3 25
1.49×
-10.07×
Q2 25
0.78×
Q1 25
0.72×
-10.83×
Q4 24
1.02×
8.83×
Q3 24
1.37×
7.35×
Q2 24
0.63×
3.07×
Q1 24
1.25×
0.05×

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%

REZI
REZI

ADI Global Distribution Segment$1.2B62%
Safety And Security$257.0M14%
Air$211.0M11%
Energy Service$153.0M8%
Public Utilities Inventory Water$91.0M5%

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