Our Company Mueller Water Products, Inc. (“Mueller,” “we,” “our,” or the “Company”) is a leading manufacturer and marketer of products and solutions used in the transmission, distribution and measurement of water in North America. Our products and solutions are used by municipalities and the residential and non-residential construction industries. Some of our products have leading positions as a result of their strong brand recognition and reputation for quality, service and innovation. We believe we have one of the largest installed bases of iron gate valves and fire hydrants in the United States. Our iron gate valve and hydrant products are specified for use in the largest 100 metropolitan areas in the United States. Our large installed base, broad product range and well-known brands have led to long-standing relationships with the key distributors and end users of our products. Our consolidated net sales were $1,429.7 million in 2025.
| Metric | TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 |
|---|---|---|---|---|---|---|
| Revenue | 1.4B | 1.4B | 1.3B | 1.3B | 1.2B | 1.1B |
| Net Income | 200M | 192M | 116M | 86M | 77M | 70M |
| EPS | $1.28 | $1.22 | $0.74 | $0.55 | $0.48 | $0.44 |
| Free Cash Flow | 174M | 172M | 191M | 61M | -2.4M | 94M |
| ROIC | 20.2% | 20.1% | 13.2% | 9.9% | 9.1% | 10.9% |
| Gross Margin | 37.0% | 36.1% | 34.9% | 29.7% | 29.2% | 32.3% |
| Debt/Equity | 0.44 | 0.46 | 0.55 | 0.66 | 0.63 | 0.64 |
| Dividends/Share | $0.27 | $0.27 | $0.26 | $0.24 | $0.23 | $0.22 |
| Operating Income | 270M | 261M | 182M | 127M | 112M | 132M |
| Operating Margin | 18.7% | 18.2% | 13.8% | 10.0% | 8.9% | 11.9% |
| ROE | 19.6% | 21.4% | 15.2% | 12.0% | 10.9% | 10.5% |
| Shares Outstanding | 156M | 157M | 157M | 155M | 160M | 160M |
Mueller Water Products, Inc. passes 4 of 9 quality checks, suggesting mixed fundamentals.
Mueller Water Products, Inc. trades at 23.8x trailing earnings, compared to its 15-year median P/E of 21.9x, suggesting it is currently Fair relative to its historical range. On a free-cash-flow basis, the stock trades at 27.2x vs a median of 22.1x. The company's 5-year average ROIC is 12.6% with a gross margin of 32.5%. Total shareholder yield (dividends + buybacks) is 1.3%. At current prices, the estimated annualized return to fair value is +24.7%.
Mueller Water Products, Inc. (MWA) has a current P/E ratio of 23.8, compared to its historical median P/E of 21.9. The stock is currently considered Fair based on its historical valuation range.
Mueller Water Products, Inc. (MWA) has a 5-year average return on invested capital (ROIC) of 12.6%. This indicates solid capital allocation.
Mueller Water Products, Inc. (MWA) has a market capitalization of $4.7B. It is classified as a mid-cap stock.
Yes, Mueller Water Products, Inc. (MWA) pays a dividend with a trailing twelve-month yield of 0.90%. The company also returns capital through share buybacks, with a buyback yield of 0.43%.
Based on historical P/E analysis, Mueller Water Products, Inc. (MWA) appears fair. The current P/E of 23.8 is 8% above its historical median of 21.9. The estimated fair value CAGR (P/E method) is 9.7%.
Mueller Water Products, Inc. (MWA) operates in the Miscellaneous Fabricated Metal Products industry, within the Industrials sector.
Mueller Water Products, Inc. (MWA) reported annual revenue of $1.4 billion in its most recent fiscal year, based on SEC EDGAR filings.
Mueller Water Products, Inc. (MWA) has a net profit margin of 13.4%. This is a healthy margin.
Mueller Water Products, Inc. (MWA) generated $172 million in free cash flow in its most recent fiscal year. Positive free cash flow supports dividends, buybacks, and debt reduction.
Mueller Water Products, Inc. (MWA) has a debt-to-equity ratio of 0.46. This indicates a conservatively financed balance sheet.
Mueller Water Products, Inc. (MWA) reported earnings per share (EPS) of $1.22 in its most recent fiscal year.
Mueller Water Products, Inc. (MWA) has a return on equity (ROE) of 21.4%. This indicates the company generates strong returns for shareholders.
Mueller Water Products, Inc. (MWA) has a 5-year average gross margin of 32.5%. This indicates decent pricing power.
The Ledger Terminal provides 15 years of financial data for Mueller Water Products, Inc. (MWA), sourced directly from SEC EDGAR filings. This includes income statements, balance sheets, cash flow statements, and key financial ratios.
Mueller Water Products, Inc. (MWA) has a book value per share of $6.25, based on its most recent annual SEC filing.