SPRINGFIELD, Mo., March 27, 2026 (GLOBE NEWSWIRE) — Paul Mueller Company (OTC:MUEL) today announced earnings for the fourth quarter ended December 31, 2025.
| CONSOLIDATED STATEMENTS OF INCOME | ||||||||||||||||
| Three Months Ended | Twelve Months Ended | |||||||||||||||
| December 31 | December 31 | |||||||||||||||
| 2025 | 2024 | 2025 | 2024 | |||||||||||||
| Net Sales | $ | 94,142 | $ | 70,474 | $ | 287,001 | $ | 248,585 | ||||||||
| Cost of Sales | 62,054 | 44,665 | 193,201 | 166,124 | ||||||||||||
| Gross Profit | $ | 32,088 | $ | 25,809 | $ | 93,800 | $ | 82,461 | ||||||||
| Selling, General and Administrative Expense | 15,100 | 12,235 | 50,263 | 46,248 | ||||||||||||
| Operating Income | $ | 16,988 | $ | 13,574 | $ | 43,537 | $ | 36,213 | ||||||||
| Interest Expense | (47 | ) | (45 | ) | (210 | ) | (301 | ) | ||||||||
| Other Income | 948 | 492 | 2,473 | 2,377 | ||||||||||||
| Income before Provision (Benefit) for Income Taxes | $ | 17,889 | $ | 14,021 | $ | 45,800 | $ | 38,289 | ||||||||
| Provision for Income Taxes | 4,648 | 2,881 | 11,120 | 8,617 | ||||||||||||
| Net Income | $ | 13,241 | $ | 11,140 | $ | 34,680 | $ | 29,672 | ||||||||
| Earnings per Common Share –– Basic and Diluted | $ | 14.73 | $ | 11.89 | $ | 37.53 | $ | 30.46 | ||||||||
| CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME | ||||||||
| Twelve Months Ended | ||||||||
| December 31 | ||||||||
| 2025 | 2024 | |||||||
| Net Income | $ | 34,680 | $ | 29,672 | ||||
| Other Comprehensive Income (Loss), Net of Tax: | ||||||||
| Foreign Currency Translation Adjustment | 3,185 | (1,577 | ) | |||||
| Change in Pension Liability | 64 | |||||||
| Comprehensive Income | $ | 37,865 | $ | 28,159 | ||||
| CONSOLIDATED BALANCE SHEETS | ||||||||
| December 31 | December 31 | |||||||
| 2025 | 2024 | |||||||
| Cash and Cash Equivalents | $ | 29,883 | $ | 21,169 | ||||
| Marketable Securities | 19,913 | 24,446 | ||||||
| Accounts Receivable, net | 41,719 | 31,266 | ||||||
| Inventories (FIFO) | 52,715 | 40,905 | ||||||
| LIFO Reserve | (21,051 | ) | (20,146 | ) | ||||
| Inventories (LIFO) | 31,664 | 20,759 | ||||||
| Current Net Investments in Sales-Type Leases | 62 | 39 | ||||||
| Other Current Assets | 5,758 | 4,933 | ||||||
| Current Assets | $ | 128,999 | $ | 102,612 | ||||
| Net Property, Plant, and Equipment | 79,083 | 50,754 | ||||||
| Right of Use Assets | 2,276 | 2,235 | ||||||
| Other Assets | 1,625 | 1,862 | ||||||
| Long-Term Net Investments in Sales-Type Leases | 2,338 | |||||||