How did MLI's revenue and expenses trend in Q4 2024 compared to previous quarters?

Mueller Industries (MLI) experienced a significant increase in revenue and a notable rise in expenses in Q4 2024 compared to the previous quarter. 1. **Revenue Trend**: - MLI's revenue for Q4 2024 was $1.15 billion. - The revenue in the immediately previous quarter, Q3 2024, was $1.01 billion. - This indicates a seasonal increase or a strong performance in the fourth quarter, as it is typically a peak period for many industries. |code|Ticker|Name|Date|Total Revenue YoY|Total Revenue|market_code| |---|---|---|---|---|---|---| |MLI|MLI.N|Mueller Industries|2020 Q1|-1.4485575720723594|6.02919E8|169| |MLI|MLI.N|Mueller Industries|2020 Q2|-24.944102137774347|5.00168E8|169| |MLI|MLI.N|Mueller Industries|2020 Q3|1.7257583773960652|6.19105E8|169| |MLI|MLI.N|Mueller Industries|2020 Q4|24.274095826154433|6.75851E8|169| |MLI|MLI.N|Mueller Industries|2021 Q1|35.697830056773796|8.18148E8|169| |MLI|MLI.N|Mueller Industries|2021 Q2|102.45037667343773|1.012592E9|169| |MLI|MLI.N|Mueller Industries|2021 Q3|58.656124566915146|9.82248E8|169| |MLI|MLI.N|Mueller Industries|2021 Q4|41.50411851132868|9.56357E8|169| |MLI|MLI.N|Mueller Industries|2022 Q1|23.449791480270076|1.010002E9|169| |MLI|MLI.N|Mueller Industries|2022 Q2|13.574075244520992|1.150042E9|169| 2. **Expense Trend**: - The Cost of Goods Sold (COGS) for Q4 2024 was $726.59 million. - The COGS in Q3 2024 was $668.17 million. - This suggests that MLI's cost of production or sourcing increased, which could be due to higher raw material prices, increased labor costs, or other operational expenses. |code|Ticker|Name|Date|Cost of Goods Sold|Cost of Goods Sold YoY|market_code| |---|---|---|---|---|---|---| |MLI|MLI.N|Mueller Industries|2020 Q1|5.08715E8|-0.5236677076143006|169| |MLI|MLI.N|Mueller Industries|2020 Q2|4.03159E8|-28.511316646215608|169| |MLI|MLI.N|Mueller Industries|2020 Q3|5.0078E8|-1.9593255910475578|169| |MLI|MLI.N|Mueller Industries|2020 Q4|5.53507E8|23.143581152484753|169| |MLI|MLI.N|Mueller Industries|2021 Q1|6.68418E8|31.393412814640808|169| |MLI|MLI.N|Mueller Industries|2021 Q2|7.99712E8|98.36144052346593|169| |MLI|MLI.N|Mueller Industries|2021 Q3|7.44265E8|48.62115100443308|169| |MLI|MLI.N|Mueller Industries|2021 Q4|7.26594E8|31.27096856950319|169| |MLI|MLI.N|Mueller Industries|2022 Q1|7.44511E8|11.384044116106987|169| |MLI|MLI.N|Mueller Industries|2022 Q2|8.20914E8|2.6512044335960945|169| In conclusion, MLI saw a substantial uptick in both revenue and expenses in Q4 2024, indicating a strong performance and operational activity during this period.