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MUELLER INDUSTRIES INC（MLI）与Quanex Building Products CORP（NX）财务数据对比。点击上方公司名可切换其他公司
MUELLER INDUSTRIES INC的季度营收约是Quanex Building Products CORP的1.9倍（$962.4M vs $495.3M）。MUELLER INDUSTRIES INC净利率更高（16.0% vs -55.7%，领先71.7%）。Quanex Building Products CORP同比增速更快（76.7% vs 4.2%）。MUELLER INDUSTRIES INC自由现金流更多（$121.4M vs $46.2M）。过去两年Quanex Building Products CORP的营收复合增速更高（29.5% vs 6.4%）
Mueller Industries是美国知名工业制造企业，1917年正式成立，总部坐落于美国田纳西州孟菲斯市，主营管道产品、工业金属及暖通制冷设备，2022年入选《财富》1000强榜单，是年营收达数十亿美元的公开上市企业。
Quanex Building Products是一家工程建筑组件及材料制造商，核心产品包括中空玻璃间隔条、门窗系统、橱柜及家具部件，服务北美、欧洲的住宅及商业建筑市场，主打节能可持续的建筑解决方案。
MLI vs NX — 直观对比
营收规模更大
MLI
是对方的1.9倍
$495.3M
营收增速更快
NX
高出72.5%
4.2%
净利率更高
MLI
高出71.7%
-55.7%
自由现金流更多
MLI
多$75.2M
$46.2M
两年增速更快
NX
近两年复合增速
6.4%
损益表 — Q4 2025 vs Q3 2025
| 指标 | | |
|---|---|---|
| 营收 | $962.4M | $495.3M |
| 净利润 | $153.7M | $-276.0M |
| 毛利率 | — | 27.9% |
| 营业利润率 | 17.9% | -54.7% |
| 净利率 | 16.0% | -55.7% |
| 营收同比 | 4.2% | 76.7% |
| 净利润同比 | 11.7% | -1188.8% |
| 每股收益（稀释后） | $1.37 | $-6.04 |
绿色 = 该指标领先。财年不对齐时期间可能不同
8季度营收与利润趋势
并排季度历史对比，按日历期对齐，财年错位的公司也能正确匹配
营收MLINX
| Q4 25 | $962.4M | — | ||
| Q3 25 | $1.1B | $495.3M | ||
| Q2 25 | $1.1B | $452.5M | ||
| Q1 25 | $1.0B | $400.0M | ||
| Q4 24 | $923.5M | $492.2M | ||
| Q3 24 | $997.8M | $280.3M | ||
| Q2 24 | $997.7M | $266.2M | ||
| Q1 24 | $849.7M | $239.2M |
净利润MLINX
| Q4 25 | $153.7M | — | ||
| Q3 25 | $208.1M | $-276.0M | ||
| Q2 25 | $245.9M | $20.5M | ||
| Q1 25 | $157.4M | $-14.9M | ||
| Q4 24 | $137.7M | $-13.9M | ||
| Q3 24 | $168.7M | $25.4M | ||
| Q2 24 | $160.2M | $15.4M | ||
| Q1 24 | $138.4M | $6.2M |
毛利率MLINX
| Q4 25 | — | — | ||
| Q3 25 | — | 27.9% | ||
| Q2 25 | — | 29.0% | ||
| Q1 25 | — | 23.1% | ||
| Q4 24 | — | — | ||
| Q3 24 | 27.6% | 25.3% | ||
| Q2 24 | 27.3% | 24.9% | ||
| Q1 24 | 28.4% | 21.5% |
营业利润率MLINX
| Q4 25 | 17.9% | — | ||
| Q3 25 | 25.6% | -54.7% | ||
| Q2 25 | 26.7% | 9.0% | ||
| Q1 25 | 20.6% | -1.7% | ||
| Q4 24 | 18.4% | 0.6% | ||
| Q3 24 | 20.7% | 8.4% | ||
| Q2 24 | 21.0% | 7.8% | ||
| Q1 24 | 21.6% | 3.3% |
净利率MLINX
| Q4 25 | 16.0% | — | ||
| Q3 25 | 19.3% | -55.7% | ||
| Q2 25 | 21.6% | 4.5% | ||
| Q1 25 | 15.7% | -3.7% | ||
| Q4 24 | 14.9% | -2.8% | ||
| Q3 24 | 16.9% | 9.0% | ||
| Q2 24 | 16.1% | 5.8% | ||
| Q1 24 | 16.3% | 2.6% |
每股收益（稀释后）MLINX
| Q4 25 | $1.37 | — | ||
| Q3 25 | $1.88 | $-6.04 | ||
| Q2 25 | $2.22 | $0.44 | ||
| Q1 25 | $1.39 | $-0.32 | ||
| Q4 24 | $1.21 | $-0.52 | ||
| Q3 24 | $1.48 | $0.77 | ||
| Q2 24 | $1.41 | $0.46 | ||
| Q1 24 | $1.21 | $0.19 |
资产负债表与财务实力
最新季度各公司的流动性、杠杆与账面价值一览
| 指标 | | |
|---|---|---|
| 现金及短期投资手头流动性 | $1.4B | $66.3M |
| 总债务越低越好 | — | $695.6M |
| 股东权益账面价值 | $3.2B | $717.4M |
| 总资产 | $3.7B | $2.0B |
| 负债/权益比越低杠杆越低 | — | 0.97× |
8季度趋势，按日历期对齐
现金及短期投资MLINX
| Q4 25 | $1.4B | — | ||
| Q3 25 | $1.3B | $66.3M | ||
| Q2 25 | $1.1B | $62.6M | ||
| Q1 25 | $873.6M | $50.0M | ||
| Q4 24 | $1.1B | $97.7M | ||
| Q3 24 | $969.6M | $94.0M | ||
| Q2 24 | $825.7M | $56.1M | ||
| Q1 24 | $1.4B | $44.4M |
总债务MLINX
| Q4 25 | — | — | ||
| Q3 25 | — | $695.6M | ||
| Q2 25 | — | $746.4M | ||
| Q1 25 | — | $725.2M | ||
| Q4 24 | — | $737.2M | ||
| Q3 24 | — | $51.4M | ||
| Q2 24 | — | $51.5M | ||
| Q1 24 | — | $61.6M |
股东权益MLINX
| Q4 25 | $3.2B | — | ||
| Q3 25 | $3.1B | $717.4M | ||
| Q2 25 | $2.9B | $1.0B | ||
| Q1 25 | $2.7B | $972.1M | ||
| Q4 24 | $2.8B | $1.0B | ||
| Q3 24 | $2.7B | $594.1M | ||
| Q2 24 | $2.5B | $566.1M | ||
| Q1 24 | $2.4B | $555.0M |
总资产MLINX
| Q4 25 | $3.7B | — | ||
| Q3 25 | $3.7B | $2.0B | ||
| Q2 25 | $3.5B | $2.3B | ||
| Q1 25 | $3.2B | $2.2B | ||
| Q4 24 | $3.3B | $2.3B | ||
| Q3 24 | $3.2B | $872.5M | ||
| Q2 24 | $3.1B | $837.2M | ||
| Q1 24 | $2.9B | $813.4M |
负债/权益比MLINX
| Q4 25 | — | — | ||
| Q3 25 | — | 0.97× | ||
| Q2 25 | — | 0.75× | ||
| Q1 25 | — | 0.75× | ||
| Q4 24 | — | 0.73× | ||
| Q3 24 | — | 0.09× | ||
| Q2 24 | — | 0.09× | ||
| Q1 24 | — | 0.11× |
现金流与资本效率
扣除再投资后实际产生的现金。现金流比净利润更难造假
| 指标 | | |
|---|---|---|
| 经营现金流最新季度 | $141.2M | $60.7M |
| 自由现金流经营现金流 - 资本支出 | $121.4M | $46.2M |
| 自由现金流率自由现金流/营收 | 12.6% | 9.3% |
| 资本支出强度资本支出/营收 | 2.1% | 2.9% |
| 现金转化率经营现金流/净利润 | 0.92× | — |
| 过去12个月自由现金流最近4个季度 | $686.6M | $27.5M |
8季度趋势，按日历期对齐
经营现金流MLINX
| Q4 25 | $141.2M | — | ||
| Q3 25 | $310.1M | $60.7M | ||
| Q2 25 | $190.6M | $28.5M | ||
| Q1 25 | $113.6M | $-12.5M | ||
| Q4 24 | $140.1M | $5.5M | ||
| Q3 24 | $231.4M | $46.4M | ||
| Q2 24 | $100.8M | $33.1M | ||
| Q1 24 | $173.6M | $3.9M |
自由现金流MLINX
| Q4 25 | $121.4M | — | ||
| Q3 25 | $291.8M | $46.2M | ||
| Q2 25 | $176.5M | $13.6M | ||
| Q1 25 | $97.0M | $-24.1M | ||
| Q4 24 | $111.2M | $-8.2M | ||
| Q3 24 | $205.7M | $40.1M | ||
| Q2 24 | $91.6M | $25.5M | ||
| Q1 24 | $157.2M | $-5.7M |
自由现金流率MLINX
| Q4 25 | 12.6% | — | ||
| Q3 25 | 27.1% | 9.3% | ||
| Q2 25 | 15.5% | 3.0% | ||
| Q1 25 | 9.7% | -6.0% | ||
| Q4 24 | 12.0% | -1.7% | ||
| Q3 24 | 20.6% | 14.3% | ||
| Q2 24 | 9.2% | 9.6% | ||
| Q1 24 | 18.5% | -2.4% |
资本支出强度MLINX
| Q4 25 | 2.1% | — | ||
| Q3 25 | 1.7% | 2.9% | ||
| Q2 25 | 1.2% | 3.3% | ||
| Q1 25 | 1.7% | 2.9% | ||
| Q4 24 | 3.1% | 2.8% | ||
| Q3 24 | 2.6% | 2.2% | ||
| Q2 24 | 0.9% | 2.9% | ||
| Q1 24 | 1.9% | 4.0% |
现金转化率MLINX
| Q4 25 | 0.92× | — | ||
| Q3 25 | 1.49× | — | ||
| Q2 25 | 0.78× | 1.39× | ||
| Q1 25 | 0.72× | — | ||
| Q4 24 | 1.02× | — | ||
| Q3 24 | 1.37× | 1.83× | ||
| Q2 24 | 0.63× | 2.15× | ||
| Q1 24 | 1.25× | 0.62× |
财务流量对比
营收 → 毛利润 → 营业利润 → 净利润流向图
业务分部营收拆解
MLI
| Tube And Fittings | $484.6M | 50% |
| Industrial Metals | $252.2M | 26% |
| Valves And Plumbing Specialties | $122.5M | 13% |
| Flex Duct And Other HVAC Components | $80.8M | 8% |
| Other Products | $14.9M | 2% |
NX
| Window And Door Hardware | $150.3M | 30% |
| Screens | $76.8M | 16% |
| Window Profiles | $68.2M | 14% |
| Spacers | $54.7M | 11% |
| Wood Solutions | $53.4M | 11% |
| Seals And Gaskets | $29.9M | 6% |
| Access Solutions | $27.4M | 6% |
| Mixing Solution | $21.5M | 4% |
| Solar | $5.3M | 1% |
| Product Type Other | $3.3M | 1% |
