Mueller Water Products, Inc. manufactures and markets products and services for the transmission, distribution, and measurement of water used by municipalities, and the residential and non-residential construction industries in the United States, Canada, and internationally. It operates in two segments, Water Flow Solutions and Water Management Solutions. The Water Flow Solutions segment provides valves for water systems, such as iron gate, butterfly, tapping, check, knife, plug, and ball valves, which are used to control distribution and transmission of potable water and non-potable water, as well as in water transmission or distribution, water treatment facilities, or industrial applications. It also offers service brass products. The Water Management Solutions segment offers dry-barrel and wet-barrel fire hydrants for water infrastructure development; fire protection systems, and water infrastructure repair and replacement projects; pipe repair products, such as couplings, grips, and clamps used to repair leaks; residential, fire protection, and commercial water metering products and systems; water leak detection and pipe condition assessment products and services; machines and tools for tapping, drilling, extracting, installing, and stopping-off; gas valve products for use in gas distribution systems; and intelligent water solutions, including pressure control valves, advanced pressure management, network analytics, event management, and date logging. It sells its products under the Canada Valve, Centurion, Ez-Max, Hydro Gate, Hydro-Guard, HYMAX, HYMAX VERSA, Jones, Krausz, Milliken, Mueller Systems, Mueller, Pratt, Pratt Industrial, Repamax, Repaflex, Singer, Echologics, Echoshore, ePulse, Hersey, LeakFinderRT, Sentryx, and U.S. Pipe Valve and Hydrant brands. Mueller Water Products, Inc. was founded in 1857 and is headquartered in Atlanta, Georgia.
Rule-based from financial data. Not advice.
5-year financial trends. Figures in USD millions.
Latest fiscal year: 2025
Year-by-year revenue, profitability, and cash flow (USD millions, last 10 years)
| Year | Revenue | EBITDA | Net Profit | FCF | ROE | Rev Growth 1Y | NP Growth 1Y |
|---|---|---|---|---|---|---|---|
| 2025 | $1.4B | $320M | $192M | $172M | 19.5% | 8.7% | 65.4% |
| 2024 | $1.3B | $250M | $116M | $191M | 14.3% | 3.1% | 35.6% |
| 2023 | $1.3B | $189M | $86M | $61M | 12.0% | 2.3% | 11.6% |
| 2022 | $1.2B | $176M | $77M | $-2M | 11.4% | - | - |
| 2021 | - |
Income statement, balance sheet, and cash flow as reported
Consolidated Figures in USD Millions.
| Metric | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Total Revenue | - | 1,247.40 | 1,275.70 | 1,314.70 | 1,429.70 |
| Operating Revenue | - | 1,247.40 | 1,275.70 | 1,314.70 | 1,429.70 |
| Cost Of Revenue | - | 883.10 | 896.20 | 855.70 | 913 |
| Gross Profit | - | 364.30 | 379.50 | 459 | 516.70 |
| Operating Expense | - | 238.70 | 241.90 | 245.20 | 247.30 |
| Selling General And Administration | - | 238.70 | 241.90 | 245.20 | 247.30 |
| Total Expenses | - | 1,121.80 | 1,138.10 | 1,100.90 | 1,160.30 |
| Operating Income | - | 125.60 | 137.60 | 213.80 | 269.40 |
| Total Operating Income As Reported | - | 111.60 | 127.40 | 181.70 | 260.60 |
| EBITDA | - | 175.70 | 188.90 | 250.10 | 320.10 |
| Normalized EBITDA | - | 189.70 | 199.10 | 282.20 | 328.90 |
| EBIT | - | 115.20 | 126.40 | 183.90 | 273.20 |
| Interest Income | - | 0.70 | 3.70 | 8.80 | 13.40 |
| Interest Expense | - | 16.60 | 17.40 | 20.50 | 19 |
| Net Interest Income | - | -16.90 | -14.70 | -12.70 | -6.60 |
| Other Non Operating Income Expenses | - | 3.90 | -3.70 | -5.60 | 0.20 |
| Other Income Expense | - | -10.10 | -13.90 | -37.70 | -8.60 |
| Interest Income Non Operating | - | 0.70 | 3.70 | 8.80 | 13.40 |
| Interest Expense Non Operating | - | 16.60 | 17.40 | 20.50 | 19 |
| Net Non Operating Interest Income Expense | - | -16.90 | -14.70 | -12.70 | -6.60 |
| Pretax Income | - | 98.60 | 109 | 163.40 | 254.20 |
| Tax Provision | - | 22 | 23.50 | 47.50 | 62.50 |
| Tax Rate For Calcs | - | 0 | 0 | 0 | 0 |
| Tax Effect Of Unusual Items | - | -3.12 | -2.20 | -9.34 | -2.16 |
| Net Income Continuous Operations | - | 76.60 | 85.50 | 115.90 | 191.70 |
| Net Income From Continuing And Discontinued Operation | - | 76.60 | 85.50 | 115.90 | 191.70 |
| Net Income From Continuing Operation Net Minority Interest | - | 76.60 | 85.50 | 115.90 | 191.70 |
| Net Income | - | 76.60 | 85.50 | 115.90 | 191.70 |
| Net Income Common Stockholders | - | 76.60 | 85.50 | 115.90 | 191.70 |
| Net Income Including Noncontrolling Interests | - | 76.60 | 85.50 | 115.90 | 191.70 |
| Normalized Income | - | 87.48 | 93.50 | 138.66 | 198.34 |
| Diluted NI Availto Com Stockholders | - | 76.60 | 85.50 | 115.90 | 191.70 |
| Basic Average Shares | - | 157.40 | 156.30 | 155.90 | 156.40 |
| Diluted Average Shares | - | 158 | 156.80 | 156.90 | 157.50 |
| Reconciled Depreciation | - | 60.50 | 62.50 | 66.20 | 46.90 |
| Reconciled Cost Of Revenue | - | 883.10 | 896.20 | 855.70 | 913 |
| Total Unusual Items | - | -14 | -10.20 | -32.10 | -8.80 |
| Total Unusual Items Excluding Goodwill | - | -14 | -10.20 | -32.10 | -8.80 |
| Special Income Charges | - | -14 | -10.20 | -32.10 | -8.80 |
| Other Special Charges | 16.70 | - | - | - | - |
| Impairment Of Capital Assets | - | 6.80 | 0 | 16.30 | 0 |
| Restructuring And Mergern Acquisition | - | 7.20 | 10.20 | 15.80 | 8.80 |
| Gain On Sale Of Ppe | 0 | - | - | - | - |
| Total Other Finance Cost | - | 1 | 1 | 1 | 1 |
Industrials sector peers, ranked by market cap
| Company | Ticker | Market Cap | P/E | P/B | ROE | EV/EBITDA |
|---|---|---|---|---|---|---|
| Mueller Water Products, Inc.this co. | MWA | $3.9B | 20.48↓ discount | 4.00 | 19.5% | 12.33 |
| Franklin Electric Co., Inc. | FELE | $4.3B | 29.58 | 3.28 | 11.1% | 16.66 |
| Brady Corporation | BRC | $4.2B | 22.18 | 3.52 | 15.9% | 14.80 |
| AZZ Inc. | AZZ | $4.2B | 13.10 | 3.11 | 23.7% | 8.29 |
| Griffon Corporation | GFF | $3.9B |
| - |
| - |
| - |
| - |
| - |
| - |
| 77.09 |
| 53.26 |
| 69.1% |
| 18.97 |
| Korn Ferry | KFY | $3.7B | 14.92 | 1.97 | 13.2% | 7.26 |
| Otter Tail Corporation | OTTR | $3.6B | 13.16 | 1.95 | 14.8% | 8.92 |
| Standex International Corporation | SXI | $3.6B | 64.67 | 5.07 | 7.8% | 32.03 |
| Kadant Inc. | KAI | $3.6B | 35.19 | 3.66 | 10.4% | 18.27 |
| Peer Median | - | 25.88 | 3.40 | 14.0% | 15.73 | |
Historically, Feb has averaged the highest return (+8.9%); Sep the lowest (-5.9%).
| Year | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | +13.6%Positive MonthJan 2026: +13.64% | +10.6%Positive MonthFeb 2026: +10.57% | -8.2%Negative MonthMar 2026: -8.15% | +1.5%Neutral MonthApr 2026: +1.46% | -9.6%Negative MonthMay 2026: -9.61% | +2.5%Positive MonthJun 2026: +2.46% | -2.3%Negative MonthJul 2026: -2.28% | +0.2%*Neutral MonthAug 2026: +0.20% | — | — | — | — |
| 2025 | +2.2%Positive MonthJan 2025: +2.22% | +12.0%Positive MonthFeb 2025: +12.00% | -1.3%Neutral MonthMar 2025: -1.32% | +3.2%Positive MonthApr 2025: +3.23% | -6.5%Negative MonthMay 2025: -6.52% | -2.0%Neutral MonthJun 2025: -2.00% | +3.0%Positive MonthJul 2025: +3.00% | +6.5%Positive MonthAug 2025: +6.46% | -3.2%Negative MonthSep 2025: -3.19% | +0.5%Neutral MonthOct 2025: +0.55% | -5.5%Negative MonthNov 2025: -5.53% | -1.7%Neutral MonthDec 2025: -1.73% |
| 2024 | -4.8%Negative MonthJan 2024: -4.79% | +13.4%Positive MonthFeb 2024: +13.42% | +3.5%Positive MonthMar 2024: +3.47% | -1.6%Neutral MonthApr 2024: -1.55% | +17.2%Positive MonthMay 2024: +17.17% | -3.4%Negative MonthJun 2024: -3.45% | +15.4%Positive MonthJul 2024: +15.40% | +3.8%Positive MonthAug 2024: +3.82% | +1.1%Neutral MonthSep 2024: +1.07% | -0.5%Neutral MonthOct 2024: -0.51% | +16.0%Positive MonthNov 2024: +15.98% | -10.1%Negative MonthDec 2024: -10.14% |
| 2023 | +17.6%Positive MonthJan 2023: +17.57% | +9.6%Positive MonthFeb 2023: +9.64% | +0.5%Neutral MonthMar 2023: +0.50% | -3.9%Negative MonthApr 2023: -3.87% | +2.2%Positive MonthMay 2023: +2.24% | +18.5%Positive MonthJun 2023: +18.47% | -0.9%Neutral MonthJul 2023: -0.86% | -12.2%Negative MonthAug 2023: -12.24% | -10.2%Negative MonthSep 2023: -10.20% | -2.4%Negative MonthOct 2023: -2.44% | +7.4%Positive MonthNov 2023: +7.44% | +8.4%Positive MonthDec 2023: +8.35% |
| 2022 | -10.8%Negative MonthJan 2022: -10.76% | -1.2%Neutral MonthFeb 2022: -1.25% | +1.8%Neutral MonthMar 2022: +1.81% | -6.9%Negative MonthApr 2022: -6.89% | -0.8%Neutral MonthMay 2022: -0.83% | -1.7%Neutral MonthJun 2022: -1.68% | +11.0%Positive MonthJul 2022: +11.00% | -13.4%Negative MonthAug 2022: -13.36% | -9.0%Negative MonthSep 2022: -8.95% | +13.9%Positive MonthOct 2022: +13.92% | -0.3%Neutral MonthNov 2022: -0.34% | -7.7%Negative MonthDec 2022: -7.72% |
| 2021 | — | — | — | — | +0.8%Neutral MonthMay 2021: +0.77% | -0.3%Neutral MonthJun 2021: -0.35% | +2.8%Positive MonthJul 2021: +2.77% | +12.1%Positive MonthAug 2021: +12.15% | -8.4%Negative MonthSep 2021: -8.42% | +7.8%Positive MonthOct 2021: +7.82% | -16.9%Negative MonthNov 2021: -16.88% | +5.6%Positive MonthDec 2021: +5.57% |
| Avg±SD |
Each cell is the percentage change in closing price from the end of the prior month to the end of this month. The bottom row shows the average return for that calendar month across the selected years, plus or minus one standard deviation — the range that historically contained roughly two-thirds of outcomes. Past monthly patterns are not a forecast of future returns.
This aggregates every month by calendar position — all Januaries together, all Februaries together, and so on — to show whether a given month has leaned positive or negative historically. ‘Simple’ counts each month as +1 or −1. ‘Weighted’ gives larger moves more influence: +2 above +10%, −2 below −10%. With only 6 years of history for this asset, each month’s score reflects a small number of observations — read it as a historical tendency, not a reliable seasonal pattern.
This tracks a running tally across the asset’s full price history: each month adds or subtracts based on whether it was positive or negative. A rising line means more positive months than negative so far; a flattening or falling line means recent months have leaned negative. This measures historical month-to-month consistency, not expected future performance.
Year-to-date return is calculated by dividing each day’s closing price by the price on January 1st of that year (or the asset’s first available price if it began trading mid-year). The custom average line shows the mean YTD return at each calendar day across the selected years. The standard deviation band shows the range within which returns have historically fallen — at 1 SD, roughly two-thirds of years; at 2 SD, roughly 95%. Past year-to-date patterns do not predict future returns. The average and standard deviation band are computed from the year set chosen in “Average from”, which is independent of which year lines are displayed. The current in-progress year is excluded from these calculations, since a partial year is not comparable to complete ones. Election-cycle groupings follow the US presidential calendar and are offered only for US and crypto assets.