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Profits were $4.9 million in the first quarter for Paul Mueller Co.
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Profits were $4.9 million in the first quarter for Paul Mueller Co.

Mueller Co.'s earnings rise by nearly 11% in first quarter

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Paul Mueller Co. (OTC: MUEL) had a jump in quarterly profits at the start of 2025.

The Springfield-based stainless steel manufacturer reported net income of $4.9 million, a 10.8% increase from $4.5 million a year earlier, according to a news release. Year-over-year diluted share earnings rose to $5.26 from $4.10 per share.

During the first quarter, trade sales grew to $58.9 million from $50.4 million a year earlier.

As of March 31, Mueller Co.'s assets were $169.6 million and its work backlog was $254.5 million, according to the release.

The company's over-the-counter stock was trading at $254 as of 10:50 a.m., compared with a 52-week range of $76.77 to $258 per share.

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