Mueller Industries (MLI) vs Watts Water Technologies (WTS)
Head-to-head comparison of performance, valuation, growth, profitability and dividends. Prices delayed 15 minutes; data as of Oct 8, 2026.
Summary
Watts Water Technologies (WTS) has outperformed Mueller Industries (MLI) over the past year, gaining 25.3% versus a gain of 22.1%. Over five years, MLI leads with a +455.5% price change compared with +96.7% for WTS. Mueller Industries is the larger company by market cap ($13.32 billion vs $11.63 billion), about 1.1 times the size.
On valuation, Mueller Industries trades at a lower forward P/E (13.7x vs 24.8x for Watts Water Technologies). Mueller Industries offers the higher dividend yield (1.00% vs 0.63%). Mueller Industries converts more of its revenue into profit, with a net margin of 18.3% versus 14.0%.
Summary generated from market data by MetaCap's automated system. Methodology
Relative performance
Percent change in share price from the first common trading day shown; excludes dividends.
Head-to-head
| Metric | MLI | WTS |
|---|---|---|
| Share price | $60.22 | $348.26 |
| Market cap | $13.32B | $11.63B |
| 1-day change | -4.61% | -3.92% |
| YTD return | +4.91% | +26.17% |
| 1-year return | +22.05% | +25.26% |
| 5-year return | +455.54% | +96.70% |
| P/E ratio (TTM) | 16.45 | 30.42 |
| Forward P/E | 13.75 | 24.81 |
| EPS (TTM) | $3.66 | $11.45 |
| Dividend yield | 1.00% | 0.63% |
| Annual dividend | $0.60 | $2.19 |
| Revenue (latest FY) | $4.18B | $2.44B |
| Revenue growth (YoY) | +10.87% | +8.27% |
| Net income (latest FY) | $765.19M | $340.80M |
| Gross margin | 29.02% | 49.46% |
| Operating margin | 22.94% | 18.38% |
| Net margin | 18.31% | 13.98% |
| 52-week high | $71.12 | $394.54 |
| 52-week low | $48.27 | $260.00 |
| Distance from 52-week high | -15.33% | -11.73% |
| Analyst consensus | none | buy |
| Avg. price target upside | +32.85% | +16.01% |
| Average volume | 1.51M | 196.95K |
| Shares outstanding | 221.18M | 27.47M |
| Employees | 4,832 | 5,700 |
| Sector | Industrials | Industrials |
| Industry | Metal Fabrications | Metal Fabrications |
Highlighted cells mark the higher value for growth, returns, margins and yield, and the lower value for P/E ratios. Highlighting is a mechanical comparison, not a recommendation.
Key differences
- Watts Water Technologies trades at a higher earnings multiple (30.4x vs 16.5x trailing P/E).
About Mueller Industries
MLI stock →Mueller Industries, Inc. manufactures and sells copper, brass, and aluminum products in the United States, the United Kingdom, Canada, Asia and the Middle East, and Mexico.
Industrials · Metal Fabrications · 4,832 employees
About Watts Water Technologies
WTS stock →Watts Water Technologies, Inc., together with its subsidiaries, supplies products and solutions that manage and conserve the flow of fluids and energy into, through, and out of buildings in the commercial, industrial, and residential markets. The company offers residential and commercial flow control and protection products, including backflow preventers, water pressure regulators, temperature and pressure relief valves, thermostatic mixing valves, leak detection and protection products, commercial washroom solutions, hydration solutions, and emergency safety products and equipment for plumbing and hot water applications.
Industrials · Metal Fabrications · 5,700 employees
MLI vs WTS FAQ
Which is bigger, Mueller Industries or Watts Water Technologies?
Mueller Industries (MLI) is larger, with a market capitalization of $13.32B compared with $11.63B for Watts Water Technologies (WTS).
Which stock has performed better over the past year, MLI or WTS?
WTS returned +25.26% over the past 12 months, compared with +22.05% for MLI (price return, excluding dividends). Past performance does not predict future results.
Which has the lower P/E ratio, MLI or WTS?
MLI has the lower trailing P/E at 16.5, versus 30.4 for WTS. A lower P/E is not by itself a sign of a better investment; it can reflect slower expected growth or higher risk.
Which pays a higher dividend, Mueller Industries or Watts Water Technologies?
Mueller Industries has the higher yield at 1.00%, compared with 0.63% for Watts Water Technologies.
Are Mueller Industries and Watts Water Technologies in the same industry?
Yes. Both are classified in the Metal Fabrications industry within the Industrials sector.