Mueller Industries vs Snap-on
Snap-on is the larger business, with $5.16bn of revenue in fiscal 2025 against $4.18bn for Mueller Industries (1.2 times as much). Mueller Industries grew faster (10.9% against 0.9%). Snap-on kept more of each dollar of sales as profit: a net margin of 19.7% against 18.3%. Mueller Industries carries less debt relative to equity (0.0% against 20.5%).
| Latest fiscal year | Mueller IndustriesMLI, 2025 | Snap-onSNA, 2025 |
|---|---|---|
| Revenue | $4.18bn | $5.16bn |
| Revenue growth | 10.9% | 0.9% |
| Net income | $765m | $1.02bn |
| Operating margin | 22.9% | 25.8% |
| Net margin | 18.3% | 19.7% |
| Return on equity | 25.6% | 18.0% |
| Free cash flow | $687m | $1.01bn |
| Cash | $1.37bn | $1.62bn |
| Total debt | $0 | $1.22bn |
| Debt to equity | 0.0% | 20.5% |
| Dividend per share | $1.00 | $8.86 |
| Dividend yield | 1.2% | 2.6% |
| Share buybacks | $244m | $329m |
| Employees | — | 13,000 |
| Market value | $12.11bn | $18.94bn |
| Price vs our value range | Below our value range | Within our value range |
| Moat score | 68 (Moderate) | 92 (Strong) |
| Insider trades, 12 months | 0 buys, 13 sales | 0 buys, 71 sales |