Paul Mueller Company Q3 2026 Net Income More Than Doubles to $11.66 Million on $92.46 Million Sales

Paul Mueller Company reported third-quarter 2026 net sales of $92.46 million and net income of $11.66 million, up from $61.38 million and $4.88 million in the same period last year. The Springfield, Missouri-based manufacturer announced the results for the quarter ended September 30, 2026, GlobeNewswire reported on October 30, 2026.

Paul Mueller's Third-Quarter Sales and Profit Growth

Paul Mueller Company makes custom stainless steel processing equipment, tanks, heat transfer surfaces and clean-in-place systems for dairy, beverage, food, pharmaceutical and industrial customers. The company was founded in 1940 and is headquartered in Springfield.

Operating income for the quarter was $14.90 million, compared with $5.73 million a year earlier. Earnings per common share, basic and diluted, were $12.98, up from $5.25.

U.S. revenue rose $28.9 million for the three months, with the increase primarily from the Industrial Equipment segment, the company said. Revenue at Dutch subsidiary Mueller BV rose $2.2 million. The company said domestic net income as a percentage of revenue rose to 13.7% from 9.6%, and that domestic profitability improved as it continued the transition into its new module fabrication building.

Backlog was $245.6 million at September 30, 2026, compared with $250.4 million a year earlier, with the majority in Industrial Equipment. The U.S. backlog was $231.4 million, down from $238.4 million, while the Netherlands backlog rose to $14.2 million from $12.1 million.

Paul Mueller's Capital Returns and Leadership Records

According to akta.pro company records, Paul Mueller conducted a follow-on tender offer in June 2026 with a maximum aggregate purchase price of $15.4 million for up to 35,000 shares at $440 per share. In February 2026 the company declared a $0.30 per share cash dividend, payable March 27, 2026. The same records show Daniel L. Winters was appointed CFO effective December 5, 2025, succeeding retiring CFO Kenneth E. Jeffries.

Earlier Paul Mueller Results This Year

Paul Mueller reported second-quarter 2026 net sales of $93.8 million, up 29% from $72.6 million in the prior-year quarter, while net income was nearly flat at $11.4 million versus $11.6 million, GlobeNewswire reported on July 31, 2026. On August 14, 2026, the board declared a $0.35 per share cash dividend payable September 25, 2026 to shareholders of record on August 25, 2026. Seeking Alpha reported on September 2, 2026 that first-half 2026 revenue rose 21.8% to $160.2 million, though net income and cash flows fell due to higher costs and one-off events.

Paul Mueller's Next Scheduled Payout

The $0.35 per share dividend declared on August 14, 2026 is payable September 25, 2026 to shareholders of record on August 25, 2026.