---
schema_version: "secwatch.filing_event.v1"
accession: "0000089439-24-000008"
form_type: "8-K"
ticker: "MLI"
cik: "0000089439"
company_name: "MUELLER INDUSTRIES INC"
filed_at: "2024-02-06T23:59:59+00:00"
generated_at: "2026-06-06T08:50:08.900941+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Mueller Industries Q4 net income down 14.2% to $119.2M; EPS $1.05

## Summary
- Q4 net sales $732.4M (-16.5% YoY); net income $119.2M (-14.2%); diluted EPS $1.05.
- Full year 2023 net sales $3.4B (-14.1% YoY); net income $602.9M (-8.4%); EPS $5.30.
- Operating cash flow $174.3M in Q4, $672.8M for year; cash & short-term investments $1.3B.
- Recorded $11.6M reserve for pending legal matter at unconsolidated affiliate Tecumseh Products Co.
- Tornado-related insurance recovery on Covington, TN operations expected in H2 2024.

## SEC filing metadata
- accession: 0000089439-24-000008
- form_type: 8-K
- ticker: MLI
- cik: 0000089439
- company_name: MUELLER INDUSTRIES INC
- filed_at: 2024-02-06T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/89439/000008943924000008/0000089439-24-000008-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/89439/000008943924000008/mli-20240206.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000089439-24-000008
- JSON: https://secwatch.observer/filing/0000089439-24-000008.json
- Plain text: https://secwatch.observer/filing/0000089439-24-000008.txt

## Key facts
- Earnings Releases
  MUELLER INDUSTRIES INC reported Full Year 2023 results: revenue $3.4 billion, net income $602.9 million, EPS $5.30.
  - Period: Full Year 2023
  - Revenue: $3.4 billion
  - Net income: $602.9 million
  - EPS: $5.30
  - Result: reported results
  source text: For the Full Year 2023 versus the Full Year 2022: • Net income: $602.9 million vs $658.3 million, down 8.4%. • Earnings before taxes: $845.2 million vs $876.0 million, down 3.5%. • Net sales: $3.4 billion vs $4.0 billion, down 14.1%. • Diluted EPS: $5.30 vs $5.82, down 8.9%.
  evidence_url: https://www.sec.gov/Archives/edgar/data/89439/000008943924000008/0000089439-24-000008-index.htm
- Earnings Releases
  MUELLER INDUSTRIES INC reported Fourth Quarter 2023 results: revenue $732.4 million, net income $119.2 million, EPS $1.05.
  - Period: Fourth Quarter 2023
  - Revenue: $732.4 million
  - Net income: $119.2 million
  - EPS: $1.05
  - Result: reported results
  source text: For the Fourth Quarter 2023 versus Four th Quarter 2022: • Net income: $119.2 million vs $138.9 million, down 14.2%. • Earnings before taxes: $177.9 million vs $185.9 million, down 4.3%. • Net sales: $732.4 million vs $877.6 million, down 16.5%. • Diluted EPS: $1.05 vs $1.23, down 14.6%.
  evidence_url: https://www.sec.gov/Archives/edgar/data/89439/000008943924000008/0000089439-24-000008-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.