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

TORO CO is the larger business by last-quarter revenue ($1.1B vs $962.4M, roughly 1.2× MUELLER INDUSTRIES INC). MUELLER INDUSTRIES INC runs the higher net margin — 16.0% vs 4.7%, a 11.2% gap on every dollar of revenue. On growth, MUELLER INDUSTRIES INC posted the faster year-over-year revenue change (4.2% vs -2.2%). TORO CO produced more free cash flow last quarter ($207.2M vs $121.4M). Over the past eight quarters, MUELLER INDUSTRIES INC's revenue compounded faster (6.4% CAGR vs -8.1%).

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.

The Toro Company is an American company based in the Minneapolis suburb of Bloomington, Minnesota, that designs, manufactures, and markets lawn mowers, snow blowers, and irrigation system supplies for commercial and residential, agricultural, and public sector uses.

MLI vs TTC — Head-to-Head

Bigger by revenue
TTC
TTC
1.2× larger
TTC
$1.1B
$962.4M
MLI
Growing faster (revenue YoY)
MLI
MLI
+6.4% gap
MLI
4.2%
-2.2%
TTC
Higher net margin
MLI
MLI
11.2% more per $
MLI
16.0%
4.7%
TTC
More free cash flow
TTC
TTC
$85.8M more FCF
TTC
$207.2M
$121.4M
MLI
Faster 2-yr revenue CAGR
MLI
MLI
Annualised
MLI
6.4%
-8.1%
TTC

Income Statement — Q4 FY2025 vs Q3 FY2025

Metric
MLI
MLI
TTC
TTC
Revenue
$962.4M
$1.1B
Net Profit
$153.7M
$53.5M
Gross Margin
33.7%
Operating Margin
17.9%
5.7%
Net Margin
16.0%
4.7%
Revenue YoY
4.2%
-2.2%
Net Profit YoY
11.7%
-55.2%
EPS (diluted)
$1.37
$0.54

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
TTC
TTC
Q4 25
$962.4M
Q3 25
$1.1B
$1.1B
Q2 25
$1.1B
$1.3B
Q1 25
$1.0B
$995.0M
Q4 24
$923.5M
Q3 24
$997.8M
$1.2B
Q2 24
$997.7M
$1.3B
Q1 24
$849.7M
$1.0B
Net Profit
MLI
MLI
TTC
TTC
Q4 25
$153.7M
Q3 25
$208.1M
$53.5M
Q2 25
$245.9M
$136.8M
Q1 25
$157.4M
$52.8M
Q4 24
$137.7M
Q3 24
$168.7M
$119.3M
Q2 24
$160.2M
$144.8M
Q1 24
$138.4M
$64.9M
Gross Margin
MLI
MLI
TTC
TTC
Q4 25
Q3 25
33.7%
Q2 25
33.1%
Q1 25
33.7%
Q4 24
Q3 24
27.6%
34.8%
Q2 24
27.3%
33.6%
Q1 24
28.4%
34.4%
Operating Margin
MLI
MLI
TTC
TTC
Q4 25
17.9%
Q3 25
25.6%
5.7%
Q2 25
26.7%
13.3%
Q1 25
20.6%
7.8%
Q4 24
18.4%
Q3 24
20.7%
12.8%
Q2 24
21.0%
13.9%
Q1 24
21.6%
8.8%
Net Margin
MLI
MLI
TTC
TTC
Q4 25
16.0%
Q3 25
19.3%
4.7%
Q2 25
21.6%
10.4%
Q1 25
15.7%
5.3%
Q4 24
14.9%
Q3 24
16.9%
10.3%
Q2 24
16.1%
10.7%
Q1 24
16.3%
6.5%
EPS (diluted)
MLI
MLI
TTC
TTC
Q4 25
$1.37
Q3 25
$1.88
$0.54
Q2 25
$2.22
$1.37
Q1 25
$1.39
$0.52
Q4 24
$1.21
Q3 24
$1.48
$1.14
Q2 24
$1.41
$1.38
Q1 24
$1.21
$0.62

Balance Sheet & Financial Strength

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

Metric
MLI
MLI
TTC
TTC
Cash + ST InvestmentsLiquidity on hand
$1.4B
Total DebtLower is stronger
$1.0B
Stockholders' EquityBook value
$3.2B
$1.4B
Total Assets
$3.7B
$3.5B
Debt / EquityLower = less leverage
0.73×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
MLI
MLI
TTC
TTC
Q4 25
$1.4B
Q3 25
$1.3B
Q2 25
$1.1B
Q1 25
$873.6M
Q4 24
$1.1B
Q3 24
$969.6M
Q2 24
$825.7M
Q1 24
$1.4B
Total Debt
MLI
MLI
TTC
TTC
Q4 25
Q3 25
$1.0B
Q2 25
$1.1B
Q1 25
$1.1B
Q4 24
Q3 24
$991.9M
Q2 24
$1.0B
Q1 24
$1.2B
Stockholders' Equity
MLI
MLI
TTC
TTC
Q4 25
$3.2B
Q3 25
$3.1B
$1.4B
Q2 25
$2.9B
$1.5B
Q1 25
$2.7B
$1.5B
Q4 24
$2.8B
Q3 24
$2.7B
$1.6B
Q2 24
$2.5B
$1.7B
Q1 24
$2.4B
$1.5B
Total Assets
MLI
MLI
TTC
TTC
Q4 25
$3.7B
Q3 25
$3.7B
$3.5B
Q2 25
$3.5B
$3.8B
Q1 25
$3.2B
$3.7B
Q4 24
$3.3B
Q3 24
$3.2B
$3.7B
Q2 24
$3.1B
$3.9B
Q1 24
$2.9B
$3.8B
Debt / Equity
MLI
MLI
TTC
TTC
Q4 25
Q3 25
0.73×
Q2 25
0.74×
Q1 25
0.75×
Q4 24
Q3 24
0.61×
Q2 24
0.62×
Q1 24
0.77×

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
TTC
TTC
Operating Cash FlowLast quarter
$141.2M
$225.8M
Free Cash FlowOCF − Capex
$121.4M
$207.2M
FCF MarginFCF / Revenue
12.6%
18.3%
Capex IntensityCapex / Revenue
2.1%
1.6%
Cash ConversionOCF / Net Profit
0.92×
4.22×
TTM Free Cash FlowTrailing 4 quarters
$686.6M
$462.5M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
MLI
MLI
TTC
TTC
Q4 25
$141.2M
Q3 25
$310.1M
$225.8M
Q2 25
$190.6M
$171.7M
Q1 25
$113.6M
$-48.6M
Q4 24
$140.1M
Q3 24
$231.4M
$194.7M
Q2 24
$100.8M
$227.3M
Q1 24
$173.6M
$-92.2M
Free Cash Flow
MLI
MLI
TTC
TTC
Q4 25
$121.4M
Q3 25
$291.8M
$207.2M
Q2 25
$176.5M
$152.4M
Q1 25
$97.0M
$-67.7M
Q4 24
$111.2M
Q3 24
$205.7M
$170.6M
Q2 24
$91.6M
$206.9M
Q1 24
$157.2M
$-111.3M
FCF Margin
MLI
MLI
TTC
TTC
Q4 25
12.6%
Q3 25
27.1%
18.3%
Q2 25
15.5%
11.6%
Q1 25
9.7%
-6.8%
Q4 24
12.0%
Q3 24
20.6%
14.7%
Q2 24
9.2%
15.3%
Q1 24
18.5%
-11.1%
Capex Intensity
MLI
MLI
TTC
TTC
Q4 25
2.1%
Q3 25
1.7%
1.6%
Q2 25
1.2%
1.5%
Q1 25
1.7%
1.9%
Q4 24
3.1%
Q3 24
2.6%
2.1%
Q2 24
0.9%
1.5%
Q1 24
1.9%
1.9%
Cash Conversion
MLI
MLI
TTC
TTC
Q4 25
0.92×
Q3 25
1.49×
4.22×
Q2 25
0.78×
1.26×
Q1 25
0.72×
-0.92×
Q4 24
1.02×
Q3 24
1.37×
1.63×
Q2 24
0.63×
1.57×
Q1 24
1.25×
-1.42×

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%

TTC
TTC

Equipment Products And Services$815.7M72%
Residential Segment$192.8M17%
Irrigation$115.1M10%

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