Mueller Industries Gross Margin 2010-2024 | MLI
- Mueller Industries average gross margin for 2023 was 29.08%, a 11.12% decline from 2022.
- Mueller Industries average gross margin for 2022 was 26.17%, a 29.68% increase from 2021.
- Mueller Industries average gross margin for 2021 was 20.18%, a 17.39% increase from 2020.
Gross margin can be defined as a company's total sales revenue minus its cost of goods sold, divided by the total sales revenue, expressed as a percentage.