vs
MUELLER INDUSTRIES INC（MLI）与Primo Brands Corp（PRMB）财务数据对比。点击上方公司名可切换其他公司
Primo Brands Corp的季度营收约是MUELLER INDUSTRIES INC的1.7倍（$1.6B vs $962.4M），MUELLER INDUSTRIES INC净利率更高（16.0% vs 1.7%，领先14.3%），MUELLER INDUSTRIES INC同比增速更快（4.2% vs 0.8%），过去两年Primo Brands Corp的营收复合增速更高（19.7% 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。
Primo Brands Corp是一家美加合资饮用水企业，主营多规格桶装水、饮水机、自助补水设备及净水家电，总部位于美国佛罗里达州坦帕市，服务覆盖美国、加拿大、欧洲及以色列的住宅与商业客户。
MLI vs PRMB — 直观对比
营收规模更大
PRMB
是对方的1.7倍
$962.4M
营收增速更快
MLI
高出3.4%
0.8%
净利率更高
MLI
高出14.3%
1.7%
两年增速更快
PRMB
近两年复合增速
6.4%
损益表 — Q4 FY2025 vs Q1 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $962.4M | $1.6B |
| 净利润 | $153.7M | $27.3M |
| 毛利率 | — | 28.6% |
| 营业利润率 | 17.9% | 8.5% |
| 净利率 | 16.0% | 1.7% |
| 营收同比 | 4.2% | 0.8% |
| 净利润同比 | 11.7% | -4.9% |
| 每股收益（稀释后） | $1.37 | $0.07 |
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MLIPRMB
| Q1 26 | — | $1.6B | ||
| Q4 25 | $962.4M | $1.6B | ||
| Q3 25 | $1.1B | $1.8B | ||
| Q2 25 | $1.1B | $1.7B | ||
| Q1 25 | $1.0B | $1.6B | ||
| Q4 24 | $923.5M | — | ||
| Q3 24 | $997.8M | $0 | ||
| Q2 24 | $997.7M | $1.3B |
净利润MLIPRMB
| Q1 26 | — | $27.3M | ||
| Q4 25 | $153.7M | $-13.0M | ||
| Q3 25 | $208.1M | $16.8M | ||
| Q2 25 | $245.9M | $27.6M | ||
| Q1 25 | $157.4M | $28.7M | ||
| Q4 24 | $137.7M | — | ||
| Q3 24 | $168.7M | $-2.0K | ||
| Q2 24 | $160.2M | $54.5M |
毛利率MLIPRMB
| Q1 26 | — | 28.6% | ||
| Q4 25 | — | 27.7% | ||
| Q3 25 | — | 29.9% | ||
| Q2 25 | — | 31.3% | ||
| Q1 25 | — | 32.3% | ||
| Q4 24 | — | — | ||
| Q3 24 | 27.6% | — | ||
| Q2 24 | 27.3% | 32.7% |
营业利润率MLIPRMB
| Q1 26 | — | 8.5% | ||
| Q4 25 | 17.9% | 1.2% | ||
| Q3 25 | 25.6% | 8.3% | ||
| Q2 25 | 26.7% | 6.5% | ||
| Q1 25 | 20.6% | 9.5% | ||
| Q4 24 | 18.4% | — | ||
| Q3 24 | 20.7% | — | ||
| Q2 24 | 21.0% | 12.1% |
净利率MLIPRMB
| Q1 26 | — | 1.7% | ||
| Q4 25 | 16.0% | -0.8% | ||
| Q3 25 | 19.3% | 1.0% | ||
| Q2 25 | 21.6% | 1.6% | ||
| Q1 25 | 15.7% | 1.8% | ||
| Q4 24 | 14.9% | — | ||
| Q3 24 | 16.9% | — | ||
| Q2 24 | 16.1% | 4.1% |
每股收益（稀释后）MLIPRMB
| Q1 26 | — | $0.07 | ||
| Q4 25 | $1.37 | $-0.03 | ||
| Q3 25 | $1.88 | $0.04 | ||
| Q2 25 | $2.22 | $0.07 | ||
| Q1 25 | $1.39 | $0.08 | ||
| Q4 24 | $1.21 | — | ||
| Q3 24 | $1.48 | $-20.00 | ||
| Q2 24 | $1.41 | $0.25 |
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 | — |
| 总债务越低越好 | — | $5.2B |
| 股东权益账面价值 | $3.2B | $3.0B |
| 总资产 | $3.7B | $10.6B |
| 负债/权益比越低杠杆越低 | — | 1.74× |
8季度趋势，按日历期对齐
现金及短期投资MLIPRMB
| Q1 26 | — | — | ||
| Q4 25 | $1.4B | $376.7M | ||
| Q3 25 | $1.3B | — | ||
| Q2 25 | $1.1B | — | ||
| Q1 25 | $873.6M | — | ||
| Q4 24 | $1.1B | — | ||
| Q3 24 | $969.6M | — | ||
| Q2 24 | $825.7M | — |
总债务MLIPRMB
| Q1 26 | — | $5.2B | ||
| Q4 25 | — | $5.2B | ||
| Q3 25 | — | $5.1B | ||
| Q2 25 | — | $5.1B | ||
| Q1 25 | — | $5.0B | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — |
股东权益MLIPRMB
| Q1 26 | — | $3.0B | ||
| Q4 25 | $3.2B | $3.0B | ||
| Q3 25 | $3.1B | $3.2B | ||
| Q2 25 | $2.9B | $3.2B | ||
| Q1 25 | $2.7B | $3.3B | ||
| Q4 24 | $2.8B | — | ||
| Q3 24 | $2.7B | $-2.0K | ||
| Q2 24 | $2.5B | $-296.8M |
总资产MLIPRMB
| Q1 26 | — | $10.6B | ||
| Q4 25 | $3.7B | $10.6B | ||
| Q3 25 | $3.7B | $11.0B | ||
| Q2 25 | $3.5B | $11.0B | ||
| Q1 25 | $3.2B | $11.0B | ||
| Q4 24 | $3.3B | — | ||
| Q3 24 | $3.2B | $0 | ||
| Q2 24 | $3.1B | — |
负债/权益比MLIPRMB
| Q1 26 | — | 1.74× | ||
| Q4 25 | — | 1.72× | ||
| Q3 25 | — | 1.61× | ||
| Q2 25 | — | 1.57× | ||
| Q1 25 | — | 1.51× | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — |
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 | $103.8M |
| 自由现金流经营现金流 - 资本支出 | $121.4M | — |
| 自由现金流率自由现金流/营收 | 12.6% | — |
| 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× | 3.80× |
| 过去12个月自由现金流最近4个季度 | $686.6M | — |
8季度趋势，按日历期对齐
经营现金流MLIPRMB
| Q1 26 | — | $103.8M | ||
| Q4 25 | $141.2M | $203.1M | ||
| Q3 25 | $310.1M | $283.4M | ||
| Q2 25 | $190.6M | $155.0M | ||
| Q1 25 | $113.6M | $38.8M | ||
| Q4 24 | $140.1M | — | ||
| Q3 24 | $231.4M | $0 | ||
| Q2 24 | $100.8M | $102.5M |
自由现金流MLIPRMB
| Q1 26 | — | — | ||
| Q4 25 | $121.4M | $57.3M | ||
| Q3 25 | $291.8M | $167.7M | ||
| Q2 25 | $176.5M | $101.1M | ||
| Q1 25 | $97.0M | $-23.2M | ||
| Q4 24 | $111.2M | — | ||
| Q3 24 | $205.7M | — | ||
| Q2 24 | $91.6M | $61.4M |
自由现金流率MLIPRMB
| Q1 26 | — | — | ||
| Q4 25 | 12.6% | 3.7% | ||
| Q3 25 | 27.1% | 9.5% | ||
| Q2 25 | 15.5% | 5.8% | ||
| Q1 25 | 9.7% | -1.4% | ||
| Q4 24 | 12.0% | — | ||
| Q3 24 | 20.6% | — | ||
| Q2 24 | 9.2% | 4.7% |
资本支出强度MLIPRMB
| Q1 26 | — | 2.9% | ||
| Q4 25 | 2.1% | 9.4% | ||
| Q3 25 | 1.7% | 6.6% | ||
| Q2 25 | 1.2% | 3.1% | ||
| Q1 25 | 1.7% | 3.8% | ||
| Q4 24 | 3.1% | — | ||
| Q3 24 | 2.6% | — | ||
| Q2 24 | 0.9% | 3.1% |
现金转化率MLIPRMB
| Q1 26 | — | 3.80× | ||
| Q4 25 | 0.92× | — | ||
| Q3 25 | 1.49× | 16.87× | ||
| Q2 25 | 0.78× | 5.62× | ||
| Q1 25 | 0.72× | 1.35× | ||
| Q4 24 | 1.02× | — | ||
| Q3 24 | 1.37× | — | ||
| Q2 24 | 0.63× | 1.88× |
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% |
PRMB
| Regional spring water | $801.2M | 49% |
| Purified water | $511.2M | 31% |
| Other | $208.2M | 13% |
| Premium water | $105.5M | 6% |
