Mueller Industries, Inc. reported exceptional financial results for the second quarter of 2025, with consolidated net sales increasing 14.1% to $1,138.173 million from $997.745 million in Q2 2024. Consolidated operating income surged 44.8% to $304.168 million. Net income attributable to Mueller Industries, Inc. climbed 53.5% to $245.924 million.
Diluted earnings per share reached $2.22, a significant increase from $1.41 in the second quarter of 2024. These results included a $36.3 million pre-tax gain from insurance proceeds related to the March 2023 tornado at the Covington, Tennessee operation. Excluding this gain, adjusted diluted EPS was $1.96.
CEO Greg Christopher stated that the company delivered a "record quarter" excluding the insurance recovery, attributing it to outstanding execution by manufacturing and commercial teams. He noted positive contributions from the 2024 acquisitions of Nehring and Elkhart Products Corporation.
The company also repurchased $243.615 million of common stock in the first six months of 2025, demonstrating a commitment to shareholder returns. Mueller Industries maintained a strong balance sheet with $1.00 billion in cash and minimal debt, providing significant financial flexibility.
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