Inferra AI / Company / MWA
Mueller Water Products, Inc.
MWA · Industrials
Last earnings Aug 5, 2026
Key results
Reported operating incomequarter
$69.6 million
Reported operating income of $69.6 million as compared with $28.4 million in the prior year quarter, and increased adjusted operating income 39.6% to $78.9 million as compared with $56.5 million in the prior year quarter
SEC original ↗Mueller Water Products, Inc. — Earnings release (8-K exhibit)EX-99Nov 6, 2025
Reported operating marginquarter
18.3%
Reported operating margin of 18.3% as compared with 8.2% in the prior year quarter, and increased adjusted operating margin to 20.7% as compared with 16.2% in the prior year quarter
SEC original ↗Mueller Water Products, Inc. — Earnings release (8-K exhibit)EX-99Nov 6, 2025
Generated net incomequarter
$52.6 million
Generated net income of $52.6 million as compared with $10.0 million in the prior year quarter, with net income margin of 13.8% as compared with 2.9% in the prior year quarter
SEC original ↗Mueller Water Products, Inc. — Earnings release (8-K exhibit)EX-99Nov 6, 2025
Reported operating income of $260.6 million as compared with $181.7 million in the prior year, and increased adjusted operating income 25.4% to $279.1 million as compared with $222.5 million in the prior year
SEC original ↗Mueller Water Products, Inc. — Earnings release (8-K exhibit)EX-99Nov 6, 2025
Reported operating margin of 18.2% as compared with 13.8% in the prior year, and increased adjusted operating margin to 19.5% as compared with 16.9% in the prior year
SEC original ↗Mueller Water Products, Inc. — Earnings release (8-K exhibit)EX-99Nov 6, 2025
Generated net income of $191.7 million as compared with $115.9 million in the prior year, with net income margin of 13.4% as compared with 8.8% in the prior year
SEC original ↗Mueller Water Products, Inc. — Earnings release (8-K exhibit)EX-99Nov 6, 2025
Delivered free cash flowquarter
$172.0 million
Delivered free cash flow of $172.0 million as compared with $191.4 million in the prior year Returned $56.9 million to shareholders through dividends and common stock repurchases We achieved an outstanding finish to another record year with our fourth quarter net sales and adjusted EBITDA exceeding the high-end of our
SEC original ↗Mueller Water Products, Inc. — Earnings release (8-K exhibit)EX-99Nov 6, 2025
Gross marginquarter
36.8%
Gross margin of 36.8% increased 500 basis points as compared with 31.8% in the prior year quarter.
SEC original ↗Mueller Water Products, Inc. — Earnings release (8-K exhibit)EX-99Nov 6, 2025
AI analysis
Q3 2025 · reported Nov 6, 2025
Based on: Earnings release + parent 8-K + 10-Q — transcript not held
The quarter in charts
GAAP gross margin
Percent of revenue, as stated
EX-99 · Nov 6, 2025 Margin values as stated in the release.
Headline figures
| Metric | Q3 2025 | Prior qtr | Year ago |
|---|---|---|---|
| Reported operating income | $69.6 million | — | $28.4 million |
| Reported operating margin | 18.3% | — | 8.2% |
| Generated net income | $52.6 million | — | $10.0 million |
| Delivered free cash flow | $172.0 million | — | $191.4 million |
| Gross margin | 36.8% | — | 31.8% |
Guidance · company-stated
Direction: Raised
“htm EX-99.1 Document MUELLER WATER PRODUCTS REPORTS RECORD FOURTH QUARTER AND FULL YEAR 2025 RESULTS INTRODUCES FISCAL 2026 GUIDANCE Increased Net Sales 9.4% in Quarter, 8.7% in Fiscal Year Earned Net Income per Diluted Share of $0.33 in Quarter, $1.22 in Fiscal Year Reported Adjusted Net Income per Diluted Share of $0.38 in Quarter, $1.31 in Fiscal Year Generated Adjusted EBITDA of $91.8 million in Quarter, $326.2 million in Fiscal Year ATLANTA, November 6, 2025 - Mueller Water Products, Inc.”
“Fiscal 2026 Outlook The Company is introducing its fiscal 2026 consolidated net sales guidance to be between $1,450 million and $1,470 million, or an increase of 1.4% to 2.8% compared with the prior year.”
Classified from the release's primary full-year outlook statement.
Margin
Cash flow & capex
Capital allocation
During the fiscal year, the Company invested $47.3 million in capital expenditures as compared with $47.4 million in the prior year.
Event summary
Mueller Water Products, Inc. — Earnings release (2025-11-06)
Based on: Earnings release + parent 8-K + 10-Q — transcript not held
Guidance & outlook
Direction: Raised
Revenue: “htm EX-99.1 Document MUELLER WATER PRODUCTS REPORTS RECORD FOURTH QUARTER AND FULL YEAR 2025 RESULTS INTRODUCES FISCAL 2026 GUIDANCE Increased Net Sales 9.4% in Quarter, 8.7% in Fiscal Year Earned Net Income per Diluted Share of $0.33 in Quarter, $1.22 in Fiscal Year Reported Adjusted Net Income per Diluted Share of $0.38 in Quarter, $1.31 in Fiscal Year Generated Adjusted EBITDA of $91.8 million in Quarter, $326.2 million in Fiscal Year ATLANTA, November 6, 2025 - Mueller Water Products, Inc.”
Revenue: “Fiscal 2026 Outlook The Company is introducing its fiscal 2026 consolidated net sales guidance to be between $1,450 million and $1,470 million, or an increase of 1.4% to 2.8% compared with the prior year.”
Revenue — Raised (“Increased”)
“htm EX-99.1 Document MUELLER WATER PRODUCTS REPORTS RECORD FOURTH QUARTER AND FULL YEAR 2025 RESULTS INTRODUCES FISCAL 2026 GUIDANCE Increased Net Sales 9.4% in Quarter, 8.7% in Fiscal Year Earned Net Income per Diluted Share of $0.33 in Quarter, $1.22 in Fiscal Year Reported Adjusted Net Income per Diluted Share of $0.38 in Quarter, $1.31 in Fiscal Year Generated Adjusted EBITDA of $91.8 million in Quarter, $326.2 million in Fiscal Year ATLANTA, November 6, 2025 - Mueller Water Products, Inc.”
Revenue — Raised (“increase”)
“Fiscal 2026 Outlook The Company is introducing its fiscal 2026 consolidated net sales guidance to be between $1,450 million and $1,470 million, or an increase of 1.4% to 2.8% compared with the prior year.”
Classified from the release's primary full-year outlook statement.
Capital allocation
During the fiscal year, the Company invested $47.3 million in capital expenditures as compared with $47.4 million in the prior year.
SEC original ↗Mueller Water Products, Inc. — Earnings release (8-K exhibit)EX-99Nov 6, 2025
Free cash flow (defined as net cash provided by operating activities less capital expenditures) for the fiscal year was $172.0 million, a decrease of $19.4 million as compared with $191.4 million in the prior year, primarily due to the decrease in cash provided by operating activities.
SEC original ↗Mueller Water Products, Inc. — Earnings release (8-K exhibit)EX-99Nov 6, 2025
As of September 30, 2025, Mueller Water Products had $451.6 million of total debt outstanding and $431.5 million of cash and cash equivalents, resulting in a debt leverage ratio of 1.4x and net debt leverage ratio of 0.1x.
SEC original ↗Mueller Water Products, Inc. — Earnings release (8-K exhibit)EX-99Nov 6, 2025
We did not have any borrowings under our ABL Agreement at the end of the fourth quarter, nor did we borrow any amounts under our ABL during the year.
SEC original ↗Mueller Water Products, Inc. — Earnings release (8-K exhibit)EX-99Nov 6, 2025
There are no maturities on the Company s debt financings until June 2029 and its 4.0% Senior Notes have no financial maintenance covenants.
SEC original ↗Mueller Water Products, Inc. — Earnings release (8-K exhibit)EX-99Nov 6, 2025
The Company s expectations for certain additional financial metrics for fiscal 2026 are as follows Total SG A expenses between $243 million and $247 million (1) Net interest expense between $6 million and $7 million Effective income tax rate between 25% and 27% Depreciation and amortization between $47 million and $49 million Capital expenditures between $60 million and $65 million Pension expense other than service of approximately $0.1 million (1) Total SG A expenses assume no impact from foreign currency fluctuations in FY2026.
SEC original ↗Mueller Water Products, Inc. — Earnings release (8-K exhibit)EX-99Nov 6, 2025
Strategy & priorities
Our team s unwavering commitment and relentless focus on operational excellence and customer service enabled us to grow volumes and drive meaningful margin expansion, even as they navigated a complex external operating environment.
SEC original ↗Mueller Water Products, Inc. — Earnings release (8-K exhibit)EX-99Nov 6, 2025
I am incredibly proud of how our organization continues to execute our strategy and deliver value for all stakeholders, said Martie Edmunds Zakas, Chief Executive Officer of Mueller Water Products.
SEC original ↗Mueller Water Products, Inc. — Earnings release (8-K exhibit)EX-99Nov 6, 2025
Additionally, our collective focus on enhancing commercial execution, driving operational and supply chain efficiencies and investing in our facilities will support further margin expansion in fiscal 2026 and beyond.
SEC original ↗Mueller Water Products, Inc. — Earnings release (8-K exhibit)EX-99Nov 6, 2025
Benefits from manufacturing efficiencies, volume growth, lower amortization expense and favorable price cost more than offset higher SG A expenses and higher strategic reorganization and other charges.
SEC original ↗Mueller Water Products, Inc. — Earnings release (8-K exhibit)EX-99Nov 6, 2025
During the quarter, the Company incurred a $5.6 million warranty charge at Water Management Solutions and $3.7 million of strategic reorganization and other charges, which have been excluded from adjusted results.
SEC original ↗Mueller Water Products, Inc. — Earnings release (8-K exhibit)EX-99Nov 6, 2025
Risks & headwinds
I am confident in our team s ability to adapt, execute and deliver results, even with the heightened level of uncertainty in the external operating environment.
SEC original ↗Mueller Water Products, Inc. — Earnings release (8-K exhibit)EX-99Nov 6, 2025
Legal Proceedings 38 Item 1A.
SEC original ↗Mueller Water Products, Inc. — 10-Q Quarterly report10-QAug 6, 2026
In evaluating the probable-to-complete recognition threshold, an entity must consider whether there is significant uncertainty associated with the development activities of the software.
SEC original ↗Mueller Water Products, Inc. — 10-Q Quarterly report10-QAug 6, 2026
We include estimated variable consideration in the transaction price only to the extent it is probable that a significant reversal in the amount of cumulative revenue recognized will not occur in future periods when the uncertainty associated with the variable consideration is subsequently resolved.
SEC original ↗Mueller Water Products, Inc. — 10-Q Quarterly report10-QAug 6, 2026
22 Table of Contents We are involved in various legal proceedings that have arisen in the normal course of operations, including the proceedings summarized below.
SEC original ↗Mueller Water Products, Inc. — 10-Q Quarterly report10-QAug 6, 2026
Other than the litigation described below, we do not believe that any of our outstanding litigation would have a materially adverse effect on our financial position, results of operations, cash flows or liquidity.
SEC original ↗Mueller Water Products, Inc. — 10-Q Quarterly report10-QAug 6, 2026
Earnings deck slides
6 decks with slide viewMueller Water Products, Inc. — Presentation / slide deck (8-K exhibit) — Slide view unavailable — this deck was filed as a web document, whose text has no page boundaries.
Competitors
Competitors & peers
Same GICS sector — classification peers, not declared competitors
Filings
30 documentsEarnings releases
8 documentsPresentations
7 documents
Transcripts
0 documentsNo transcripts for Mueller Water Products, Inc. are held in this edition of the library.
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