• Mueller Industries average current ratio for 2024 was 5.16, a 6.86% decline from 2023.
• Mueller Industries average current ratio for 2023 was 5.54, a 56.5% decline from 2022.
• Mueller Industries average current ratio for 2022 was 3.54, a 33.58% increase from 2021.

Current ratio can be defined as a liquidity ratio that measures a company's ability to pay short-term obligations.