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MUELLER INDUSTRIES , INC . Corporate Headquarters 150 Schilling Blvd. , Suite 100 Collierville , TN 38017 P 901.753.3253 Mueller Industries , Inc. Reports Third Quarter 2026 Earnings COLLIERVILLE , Tenn . , October 20 , 2026 -- Mueller Industries , Inc. ( NYSE : MLI ) announces results for the third quarter of 2026. Comparisons are to the third quarter of 2025 . • Net Sales increased to $ 1.42 billion versus $ 1.08 billion . • Net Income increased to $ 221.2 million versus $ 208.1 million . • Operating Income increased to $ 281.6 million versus $ 276.1 million . • Diluted EPS * increased to $ 1.00 versus $ 0.94 . • Dividends per share * increased to $ .175 versus $ .125 . * Diluted EPS and dividends per share have been adjusted to reflect the two - for - one stock split that took effect on 6/30/2026 . Third Quarter Financial and Operating Highlights : • • • • COMEX copper averaged $ 6.48 per pound during the quarter , a 34.2 percent increase over the prior year period . Unit volume growth across most of our businesses , combined with price adjustments related to the rise in material costs , contributed to the increase in net sales . The results include $ 9.4 million in charges related to purchase accounting for recent acquisitions . Net cash generated from operations was $ 337.0 million , raising our cash and short - term investments at quarter end to $ 1.48 billion . During the quarter , we purchased 3.2 million shares of our common stock for a total of $ 201.9 million . Year - to - date , we have purchased 4.5 million shares . • Our current ratio remains strong at 4.4 to 1 . Regarding the results , Greg Christopher , Mueller's CEO said , “ For the ninth consecutive quarter , we delivered year over year earnings growth driven by stronger performance across all three of our business segments . Throughout the quarter , demand remained healthy and backlogs grew in each segment , largely propelled by U.S. data center expansions and other commercial building activities . These results are particularly noteworthy given the protracted decline in the residential construction market . Our team has done an excellent job adjusting to shifts in demand and mix , as well as managing price relative to cost escalation . " Regarding the outlook , he added " As we approach the finish line for 2026 and look ahead , we remain optimistic as we execute on our key strategic priorities . These include investments in our North American manufacturing operations to reduce costs and reshore production to support shifting demand , along with initiatives to increase our product offerings and expand distribution capabilities across multiple business 1