Paul Mueller Company Announces Its Second Quarter Earnings of 2025

SPRINGFIELD, Mo., July 25, 2025 (GLOBE NEWSWIRE) -- Paul Mueller Company (OTC:MUEL) today announced earnings for the second quarter ended June 30, 2025.

PAUL MUELLER COMPANY

 

 

 

 

 

 

 

 

 

 

 

 

 

SIX-MONTH REPORT

Unaudited

(In thousands)

CONSOLIDATED STATEMENTS OF INCOME

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Three Months Ended

 

Six Months Ended

 

Twelve Months Ended

 

 

June 30

 

June 30

 

June 30

 

 

2025

 

2024

 

 

2025

 

 

 

2024

 

 

 

2025

 

 

 

2024

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net Sales

 

$

72,624

 

$

65,670

 

$

131,484

 

 

$

116,026

 

 

$

264,043

 

 

$

228,900

 

Cost of Sales

 

 

44,760

 

 

45,871

 

 

85,798

 

 

 

80,431

 

 

 

171,491

 

 

 

158,123

 

Gross Profit

 

$

27,864

 

$

19,799

 

$

45,686

 

 

$

35,595

 

 

$

92,552

 

 

$

70,777

 

Selling, General and Administrative Expense

 

 

13,332

 

 

11,417

 

 

24,865

 

 

 

21,775

 

 

 

49,338

 

 

 

84,743

 

Operating Income (Loss)

 

$

14,532

 

$

8,382

 

$

20,821

 

 

$

13,820

 

 

$

43,214

 

 

$

(13,966

)

Interest Income (Expense)

 

 

578

 

 

70

 

 

607

 

 

 

(1,178

)

 

 

1,484

 

 

 

(1,351

)

Other Income

 

 

50

 

 

506

 

 

114

 

 

 

2,050

 

 

 

441

 

 

 

3,383

 

Income (Loss) before Provision (Benefit) for Income Taxes

 

$

15,160

 

$

8,958

 

$

21,542

 

 

$

14,692

 

 

$

45,139

 

 

$

(11,934

)

Provision (Benefit) for Income Taxes

 

 

3,531

 

 

2,154

 

 

4,985

 

 

 

3,439

 

 

 

10,163

 

 

 

(4,817

)

Net Income (Loss)

 

$

11,629

 

$

6,804

 

$

16,557

 

 

$

11,253

 

 

$

34,976

 

 

$

(7,117

)

 

 

 

 

 

 

 

 

 

 

 

 

 

Earnings (Loss) per Common Share, – Basic and Diluted

 

$

17.80

 

$

7.26

 

$

23.02

 

 

$

11.13

 

 

$

37.40

 

 

($

6.79

)

 

 

 

 

 

 

 

 

 

 

 

 

 

CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME

 

 

 

 

 

 

 

 

 

Six Months Ended

 

 

 

June 30

 

 

 

 

2025

 

 

 

2024

 

 

 

 

 

 

 

 

Net Income

 

$

16,557

 

 

$

11,253

 

 

Other Comprehensive Income (Loss), Net of Tax:

 

 

 

 

 

Foreign Currency Translation Adjustment

 

 

2,015

 

 

 

(780

)

 

Comprehensive Income

 

$

18,572

 

 

$

10,473

 

CONSOLIDATED BALANCE SHEETS

 

 

 

 

 

 

 

 

 

June 30

 

December 31

 

 

 

 

2025

 

 

 

2024

 

 

 

 

 

 

 

 

Cash and Cash Equivalents

 

$

21,678

 

 

$

21,169

 

 

Marketable Securities

 

 

29,929

 

 

 

24,446

 

 

Accounts Receivable, net

 

 

47,032

 

 

 

31,266

 

 

Inventories (FIFO)

 

 

45,417

 

 

 

40,905

 

 

LIFO Reserve

 

 

(21,899

)

 

 

(20,146

)

 

Inventories (LIFO)

 

 

23,518

 

 

 

20,759

 

 

Current Net Investments in Sales-Type Leases

 

 

54

 

 

 

39

 

 

Other Current Assets

 

 

5,442

 

 

 

4,933

 

 

Current Assets

 

$

127,653

 

 

$

102,612

 

 

 

 

 

 

 

 

Net Property, Plant, and Equipment

 

 

63,264

 

 

 

50,754

 

 

Right of Use Assets

 

 

2,290

 

 

 

2,235

 

 

Other Assets

 

 

165

 

 

 

1,862

 

 

Long-Term Net Investments in Sales-Type Leases

 

 

1,932

 

 

 

1,211

 

 

Total Assets

 

$

195,304

 

 

$

158,674