Mueller Water Products

US · MWA #2401 by market cap Listed 1970

21.39 -0.57 -2.60%

Live - 5344 symbols - heartbeat 371s ago · 2026-10-08 07:00

Pre-market 21.25 -0.65%

After-hours 21.39 0.00%

Overnight 21.39 0.00%

Market cap: 3.34B
P/E (TTM): 15.06
P/B: 2.98
EPS: 1.22
Div yield: 1.29%
52W pos: 5%

Reader sentiment Are you bullish or bearish on MWA?

Anonymous reader poll. Unscientific, not investment advice.

✦ Quant Financial Health how this is computed

Good

Altman Z-Score is 3.95, above the 3.0 "safe zone" threshold.
Most reliable for industrial/manufacturing companies; less meaningful for banks, insurers and other financials.

Revenue annual, last 8 years

Latest year +8.75% YoY

Margins

Gross margin: 36.14%
Operating margin: 18.84%
Net margin: 13.41%

Key ratios & quality

Enterprise value: 3.36B
PEG ratio: 0.42
Altman Z-Score: 3.95

PEG uses trailing P/E against the 3-year net income growth rate (35.77%/yr) since forward earnings estimates aren't available here, so this is not a "forward PEG." Altman Z-Score below ~1.8 suggests financial distress risk, above ~3.0 suggests low risk; the model is most reliable for industrial/manufacturing companies and less meaningful for banks and other financial firms.

Income statement

Line item	2018	2019	2020	2021	2022	2023	2024	2025
Revenue	916.00M	968.00M	964.10M	1.11B	1.25B	1.28B	1.31B	1.43B
Gross profit	289.90M	320.90M	328.20M	358.50M	364.30M	379.50M	459.00M	516.70M
Selling & admin expenses	166.70M	182.70M	198.40M	218.80M	238.70M	241.90M	245.20M	247.30M
Research & development	--	--	--	--	--	--	--	--
Operating profit	112.70M	138.20M	129.80M	139.70M	125.60M	137.60M	213.80M	269.40M
Pretax profit	95.70M	82.10M	94.10M	94.90M	98.60M	109.00M	163.40M	254.20M
Tax	-9.90M	18.30M	22.10M	24.50M	22.00M	23.50M	47.50M	62.50M
Net profit	105.60M	63.80M	72.00M	70.40M	76.60M	85.50M	115.90M	191.70M
Basic EPS	1	0	0	0	0	1	1	1
Diluted EPS	0.66	0.40	0.45	0.44	0.48	0.55	0.74	1.22

Line item	2025-03	2025-06	2025-09	2025-12	2026-03	2026-06
Revenue	364.30M	380.30M	380.80M	318.20M	384.40M	395.90M
Gross profit	128.00M	145.70M	140.00M	119.80M	144.50M	155.80M
Selling & admin expenses	55.70M	71.00M	66.70M	59.80M	59.70M	64.00M
Research & development	--	--	--	--	--	--
Operating profit	72.30M	74.70M	73.30M	60.00M	84.80M	91.80M
Pretax profit	67.70M	72.00M	68.70M	55.70M	78.80M	79.80M
Tax	16.40M	19.50M	16.10M	12.50M	19.70M	12.50M
Net profit	51.30M	52.50M	52.60M	43.20M	59.10M	67.30M
Basic EPS	0	0	0	0	0	0
Diluted EPS	0.33	0.33	0.34	0.27	0.38	0.43

Balance sheet

Line item	2018	2019	2020	2021	2022	2023	2024	2025
Total current assets	685.50M	566.90M	581.20M	653.70M	680.00M	706.80M	858.40M	1.03B
Cash & ST investments	347.10M	176.70M	208.90M	227.50M	146.50M	160.30M	309.90M	431.50M
Inventory	156.60M	195.60M	166.20M	187.60M	281.50M	305.90M	301.70M	328.70M
Total assets	1.29B	1.34B	1.40B	1.52B	1.50B	1.51B	1.64B	1.84B
Total current liabilities	167.10M	178.50M	155.00M	220.10M	241.00M	218.80M	258.00M	290.30M
Short-term debt	700.00K	900.00K	5.10M	5.00M	5.20M	5.60M	800.00K	1.20M
Long-term debt	444.30M	445.40M	446.50M	445.90M	446.10M	446.70M	448.70M	450.40M
Total liabilities	727,100,000.00	745,000,000.00	754,300,000.00	823,100,000.00	828,800,000.00	793,500,000.00	825,800,000.00	857,200,000.00
Total equity	564.80M	592.30M	640.70M	694.90M	669.30M	711.50M	810.10M	981.70M
Retained earnings	-850.00M	-786.20M	-714.20M	-643.90M	-567.30M	-481.80M	-365.90M	-174.20M

Line item	2025-03	2025-06	2025-09	2025-12	2026-03	2026-06
Total current assets	890.70M	937.80M	1.03B	1.03B	1.07B	1.13B
Cash & ST investments	329.20M	372.00M	431.50M	459.60M	421.00M	495.30M
Inventory	312.50M	323.90M	328.70M	376.70M	385.40M	379.80M
Total assets	1.67B	1.73B	1.84B	1.85B	1.88B	1.95B
Total current liabilities	235.30M	242.80M	290.30M	256.00M	233.30M	243.80M
Short-term debt	6.90M	7.10M	1.20M	1.40M	1.40M	1.60M
Long-term debt	449.50M	449.80M	450.40M	450.90M	451.00M	451.30M
Total liabilities	797,000,000.00	801,400,000.00	857,200,000.00	828,600,000.00	814,000,000.00	832,900,000.00
Total equity	873.60M	929.00M	981.70M	1.02B	1.07B	1.12B
Retained earnings	-279.30M	-226.80M	-174.20M	-131.00M	-71.90M	-4.60M

Cash flow

Line item	2018	2019	2020	2021	2022	2023	2024	2025
Operating cash flow	133.10M	92.50M	140.30M	156.70M	52.30M	109.00M	238.80M	219.30M
Depreciation & amortization	43.70M	53.00M	57.80M	59.60M	60.50M	62.50M	66.20M	46.90M
Free cash flow	77.40M	5.90M	72.60M	94.00M	-2.40M	61.40M	191.40M	172.00M
Dividends paid	-30.10M	-32.00M	-33.10M	-34.80M	-36.50M	-38.10M	-39.90M	-41.90M
Stock buybacks / issuance	-24.80M	-4.80M	-1.50M	-8.10M	-33.00M	-7.30M	-2.30M	-10.30M
Ending cash balance	347.10M	176.70M	208.90M	227.50M	146.50M	160.30M	309.90M	431.50M

Line item	2025-03	2025-06	2025-09	2025-12	2026-03	2026-06
Operating cash flow	14.30M	67.40M	83.50M	61.20M	-12.80M	105.80M
Depreciation & amortization	11.30M	11.70M	12.80M	12.10M	12.40M	12.60M
Free cash flow	5.10M	55.70M	69.00M	44.00M	-27.50M	94.10M
Dividends paid	-10.50M	-10.40M	-10.50M	-10.90M	-11.00M	-10.90M
Stock buybacks / issuance	-2.70M	-9.60M	400.00K	-4.80M	600.00K	-9.40M
Ending cash balance	329.20M	372.00M	431.50M	459.60M	421.00M	495.30M

Returns & efficiency

Line item	2018	2019	2020	2021	2022	2023	2024	2025
ROE %	20.08	11.06	11.70	10.54	11.23	12.38	15.23	21.40
ROA %	8.28	4.85	5.27	4.83	5.08	5.69	7.38	11.03
ROIC %	12.06	7.66	8.42	7.61	7.69	8.27	10.05	14.40
5-year avg ROE %	17.71	16.65	17.27	16.12	12.92	11.38	12.22	14.16
EBIT margin %	12.97	10.77	12.40	10.59	9.24	9.91	13.99	19.11
FCF / sales %	8.45	0.61	7.53	8.46	--	4.81	14.56	12.03
Current ratio	4.10	3.18	3.75	2.97	2.82	3.23	3.33	3.54
Quick ratio	3.07	2.02	2.59	2.05	1.57	1.75	2.09	2.34
Debt / assets	34.45	33.37	34.04	31.32	31.62	31.37	27.48	24.56
LT debt / equity	78.87	75.48	73.33	67.71	70.00	65.57	55.39	45.88
Interest coverage	5.14	4.70	4.70	5.18	6.94	7.26	8.97	14.38
Revenue CAGR (3Y) %	4.91	6.53	5.29	6.64	8.82	9.78	5.77	4.65
Net income CAGR (3Y) %	50.63	-0.05	-16.42	-12.64	6.28	5.90	18.08	35.77
FCF CAGR (3Y) %	8.50	-62.69	--	6.69	--	-5.43	26.75	--

Line item	2025-03	2025-06	2025-09	2025-12	2026-03	2026-06
ROE %	17.68	17.33	21.40	21.55	21.33	21.68
ROA %	8.97	9.04	11.03	11.52	11.67	12.06
ROIC %	11.62	11.51	14.40	14.62	14.66	15.08
5-year avg ROE %	--	--	--	--	--	--
EBIT margin %	16.13	16.42	19.11	19.60	20.08	20.39
FCF / sales %	14.00	12.38	12.03	12.04	9.65	12.14
Current ratio	3.79	3.86	3.54	4.02	4.57	4.64
Quick ratio	2.34	2.41	2.34	2.33	2.70	2.87
Debt / assets	28.63	27.69	24.56	24.49	24.00	23.19
LT debt / equity	53.96	50.81	45.88	44.28	42.12	40.28
Interest coverage	10.86	11.76	14.38	14.97	15.72	16.13
Revenue CAGR (3Y) %	--	--	--	--	--	--
Net income CAGR (3Y) %	--	--	--	--	--	--
FCF CAGR (3Y) %	--	--	--	--	--	--

✦ Quant Revenue Concentration how this is computed

Lead segment, long tail

Water Flow Solutions is the largest reported line at 54.38% of revenue, across 2 reported segments.
Water Management Solutions follows at 45.62%, so the top line still matters most but isn’t the whole story.

Revenue breakdown most recent period

Business

Water Flow Solutions54.38%

Water Management Solutions45.62%

Quote time 2026-10-08 07:00:09 · For reference only, not investment advice and not tailored to your situation.