MLI vs. MLR
MLI (Mueller Industries, Inc.) and MLR (Miller Industries, Inc.) are both stocks. MLI operates in Metal Fabrication (Industrials), while MLR operates in Auto Parts (Consumer Cyclical). Over the past 10 years, MLI returned 25.71%/yr vs 11.29%/yr for MLR. Their 0.32 correlation means their historical movements had little consistent relationship.
Performance
MLI vs. MLR - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, MLI achieves a 16.37% return, which is significantly lower than MLR's 35.84% return. Over the past 10 years, MLI has outperformed MLR with an annualized return of 25.71%, while MLR has yielded a comparatively lower 11.29% annualized return.
MLI
- 1D
- -0.67%
- 1M
- 17.54%
- 6M
- -1.87%
- YTD
- 16.37%
- 1Y
- 61.07%
- 3Y*
- 51.41%
- 5Y*
- 45.63%
- 10Y*
- 25.71%
- ALL TIME*
- 17.81%
MLR
- 1D
- 0.74%
- 1M
- 2.63%
- 6M
- 23.91%
- YTD
- 35.84%
- 1Y
- 27.60%
- 3Y*
- 11.74%
- 5Y*
- 8.16%
- 10Y*
- 11.29%
- ALL TIME*
- 5.70%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $96.51M | $99.99M | $92.66M | |
| $3.29M | $3.16M | $3.86M |
MLI vs. MLR - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
MLI Mueller Industries, Inc. | 16.37% | 46.29% | 70.51% | 62.38% | 1.05% | 70.95% | 12.30% | 37.79% | -33.10% | -2.76% |
MLR Miller Industries, Inc. | 35.84% | -41.73% | 56.58% | 61.77% | -17.93% | -10.51% | 4.82% | 40.68% | 7.49% | 0.32% |
Correlation
The correlation between MLI and MLR is 0.46, which is low. Their historical price movements had little consistent relationship.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.46 |
Correlation (3Y) Balances recent behavior with more history. | 0.52 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.50 |
Correlation (10Y) Provides a long-term view across more market conditions. | 0.52 |
Correlation (All Time) Calculated using the full available price history since Aug 2, 1994 | 0.32 |
The correlation between MLI and MLR shifts across timeframes, from 0.32 (all time) to 0.52 (3 years), reflecting how their relationship changes across market environments.
Fundamentals
MLI:
$14.69B
MLR:
$573.20M
MLI:
$3.84
MLR:
$1.34
MLI:
17.31
MLR:
37.52
MLI:
1.12
MLR:
0.96
MLI:
3.16
MLR:
0.78
MLI:
4.14
MLR:
1.39
MLI:
$4.66B
MLR:
$744.73M
MLI:
$1.26B
MLR:
$112.13M
MLI:
$1.18B
MLR:
$33.28M
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
MLI vs. MLR — Risk / Return Rank
MLI
MLR
MLI vs. MLR - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Mueller Industries, Inc. (MLI) and Miller Industries, Inc. (MLR). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| MLI | MLR | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.90 | ||
| Sortino ratioReturn per unit of downside risk | +0.93 | ||
| Omega ratioGain probability vs. loss probability | 1.33 | 1.17 | +0.16 |
| Calmar ratioReturn relative to maximum drawdown | 2.58 | 1.31 | +1.27 |
| Martin ratioReturn relative to average drawdown | 6.20 | 3.05 | +3.15 |
Loading charts...
Drawdowns
MLI vs. MLR - Drawdown Comparison
The maximum MLI drawdown since its inception was -61.72%, smaller than the maximum MLR drawdown of -98.14%. Use the drawdown chart below to compare losses from any high point for MLI and MLR.
Loading charts...
Drawdown Indicators
| MLI | MLR | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -61.72% | -98.14% | +36.42% |
Max Drawdown (1Y)Largest decline over 1 year | -22.33% | -19.88% | -2.45% |
Max Drawdown (3Y)Largest decline over 3 years | -27.79% | -52.70% | +24.91% |
Max Drawdown (5Y)Largest decline over 5 years | -27.79% | -52.70% | +24.91% |
Max Drawdown (10Y)Largest decline over 10 years | -52.95% | -53.25% | +0.30% |
Current DrawdownCurrent decline from peak | -5.44% | -33.36% | +27.92% |
Average DrawdownAverage peak-to-trough decline | -16.02% | -69.45% | +53.43% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 9.26% | 8.49% | +0.77% |
Volatility
MLI vs. MLR - Volatility Comparison
Mueller Industries, Inc. (MLI) has a higher volatility of 9.62% compared to Miller Industries, Inc. (MLR) at 6.83%. This indicates that MLI's price experiences larger fluctuations and is considered to be riskier than MLR based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| MLI | MLR | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 9.62% | 6.83% | +2.79% |
Volatility (6M)Calculated over the trailing 6-month period | 28.57% | 19.38% | +9.19% |
Volatility (1Y)Calculated over the trailing 1-year period | 32.10% | 29.02% | +3.08% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 33.22% | 30.64% | +2.58% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 35.95% | 30.80% | +5.15% |
Dividends
MLI vs. MLR - Dividend Comparison
MLI's dividend yield for the trailing twelve months is around 0.90%, less than MLR's 1.63% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
MLI Mueller Industries, Inc. | 0.90% | 0.87% | 1.01% | 1.27% | 1.69% | 0.88% | 1.14% | 1.26% | 1.71% | 9.60% | 0.94% | 1.11% |
MLR Miller Industries, Inc. | 1.63% | 2.14% | 1.16% | 1.70% | 2.70% | 2.16% | 1.89% | 1.94% | 2.67% | 2.79% | 2.57% | 2.94% |
Financials
MLI vs. MLR - Financials Comparison
This section allows you to compare key financial metrics between Mueller Industries, Inc. and Miller Industries, Inc.. You can select fields from income statements, balance sheets, and cash flow statements to easily visualize and compare the financial health of both companies.
Total Revenue: Total amount of money received from sales and other business activities
MLI vs. MLR - Profitability Comparison
MLI - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Aug 2026, Mueller Industries, Inc. reported a gross profit of 377.82M and revenue of 1.43B. Therefore, the gross margin over that period was 26.5%.
MLR - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Aug 2026, Miller Industries, Inc. reported a gross profit of 25.68M and revenue of 180.86M. Therefore, the gross margin over that period was 14.2%.
MLI - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Aug 2026, Mueller Industries, Inc. reported an operating income of 309.97M and revenue of 1.43B, resulting in an operating margin of 21.7%.
MLR - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Aug 2026, Miller Industries, Inc. reported an operating income of 1.73M and revenue of 180.86M, resulting in an operating margin of 1.0%.
MLI - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Aug 2026, Mueller Industries, Inc. reported a net income of 249.66M and revenue of 1.43B, resulting in a net margin of 17.5%.
MLR - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Aug 2026, Miller Industries, Inc. reported a net income of 555.00K and revenue of 180.86M, resulting in a net margin of 0.3%.
Frequently Asked Questions
MLI and MLR have a correlation of 0.46, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
MLI has higher volatility (9.62%) compared to MLR (6.83%). In terms of maximum drawdown, MLI dropped -61.72% vs MLR's -98.14%.
MLI currently has the higher Sharpe Ratio (1.80 vs 0.90), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
Find the right allocation for MLI and MLR
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer