Mueller Water Products, Inc.
Business
Mueller Water Products is a leading manufacturer and marketer of water infrastructure and flow control products and solutions for transmission, distribution and measurement of water in North America. The company offers iron gate valves, specialty valves, service brass products, fire hydrants, natural gas products, metering systems, leak detection services and pressure management solutions through two operating segments: Water Flow Solutions and Water Management Solutions. Products are sold primarily through waterworks distributors to municipalities and the residential and non-residential construction industries, with an extensive installed base and well-known brand recognition in the United States and Canada.
Summary from 10-K filed 2025-11-19
Financials
Consolidated Statement of Income
| Concept | Trend | FY 2025 2025-09-30 | FY 2024 2024-09-30 | FY 2023 2023-09-30 | FY 2022 2022-09-30 | FY 2021 2021-09-30 |
|---|---|---|---|---|---|---|
| Revenues | 1,430 | 1,315 | 1,276 | 1,247 | 1,111 | |
| Cost of sales | 913 | 856 | 896 | 883 | 753 | |
| Gross profit | 517 | 459 | 380 | 364 | 359 | |
| Selling, general and administrative | 247 | 245 | 242 | 239 | 219 | |
| Restructuring Charges | 9 | 16 | 10 | 7 | — | |
| Goodwill, Impairment Loss | 0 | 16 | 0 | 7 | 0 | |
| Total operating expenses | 256 | 277 | 252 | 253 | 227 | |
| Operating income | 261 | 182 | 127 | 112 | 132 | |
| Pension (benefit) expense other than service | −200,000 | 4 | 4 | −4 | −3 | |
| Interest expense, net | 7 | 13 | 15 | 17 | — | |
| Other expense | 0 | 2 | 0 | 0 | — | |
| Income before income taxes | 254 | 163 | 109 | 99 | 95 | |
| Income tax expense (benefit) | 63 | 48 | 24 | 22 | 25 | |
| Net income | 192 | 116 | 86 | 77 | 70 | |
| Net income (loss) per basic share | 1.23 | 0.74 | 0.55 | 0.49 | 0.44 | |
| Net income (loss) per diluted share | 1.22 | 0.74 | 0.55 | 0.48 | 0.44 | |
| Basic, in shares | 156 | 156 | 156 | 157 | 158 | |
| Diluted, in shares | 158 | 157 | 157 | 158 | 159 | |
| Dividends declared per share, in dollars per share | 0.27 | 0.26 | 0.24 | 0.23 | 0.22 |
Consolidated Balance Sheet
| Concept | Trend | FY 2025 2025-09-30 | FY 2024 2024-09-30 | FY 2023 2023-09-30 | FY 2022 2022-09-30 | FY 2021 2021-09-30 |
|---|---|---|---|---|---|---|
| Cash and cash equivalents | 432 | 310 | 160 | 147 | 228 | |
| Receivables, net | 212 | 209 | 217 | 228 | 212 | |
| Inventories, net | 329 | 302 | 298 | 279 | 185 | |
| Other current assets | 57 | 38 | 32 | 27 | 29 | |
| Total current assets | 1,029 | 858 | 707 | 680 | 654 | |
| Property, plant and equipment, net | 336 | 319 | 312 | 302 | 283 | |
| Intangible assets, net | 307 | 310 | 334 | 361 | 393 | |
| Net goodwill | 89 | 81 | 94 | 99 | 115 | |
| Other noncurrent assets | 78 | 68 | 59 | 57 | 73 | |
| Total assets | 1,839 | 1,636 | 1,505 | 1,498 | 1,518 | |
| Current portion of long-term debt | 1 | 800,000 | 700,000 | 800,000 | 1 | |
| Accounts payable | 134 | 110 | 103 | 123 | 92 | |
| Other current liabilities | 155 | 147 | 115 | 117 | 127 | |
| Total current liabilities | 290 | 258 | 219 | 241 | 220 | |
| Long-term debt | 450 | 449 | 447 | 446 | 446 | |
| Deferred income taxes | 51 | 55 | 74 | 86 | 95 | |
| Other noncurrent liabilities | 66 | 64 | 54 | 55 | 62 | |
| Total liabilities | 857 | 826 | 794 | 829 | 823 | |
| Commitments and contingencies (Note 15) | — | — | — | — | — | |
| Preferred stock: par value $0.01 per share; 60,000,000 shares authorized, none outstanding as of September 30, 2025 and 2024 | 0 | 0 | 0 | 0 | — | |
| Common stock: par value $0.01 per share; 600,000,000 shares authorized; 156,331,004 and 156,227,170 shares outstanding as of September 30, 2025 and 2024, respectively | 2 | 2 | 2 | 2 | 2 | |
| Additional paid-in capital | 1,159 | 1,205 | 1,240 | 1,280 | 1,342 | |
| Accumulated deficit | −174 | −366 | −482 | −567 | −644 | |
| Accumulated other comprehensive loss | −5 | −31 | −49 | −45 | −5 | |
| Total stockholders equity | 982 | 810 | 712 | 669 | 695 | |
| Total liabilities and stockholders equity | 1,839 | 1,636 | 1,505 | 1,498 | 1,518 |
Consolidated Statement of Cash Flows
| Concept | Trend | FY 2025 2025-09-30 | FY 2024 2024-09-30 | FY 2023 2023-09-30 | FY 2022 2022-09-30 | FY 2021 2021-09-30 |
|---|---|---|---|---|---|---|
| Depreciation | 40 | 39 | 34 | 32 | 31 | |
| Amortization | 7 | 27 | 28 | 29 | 28 | |
| Non-cash asset impairment | 1 | 2 | 0 | 0 | — | |
| (Gain) loss on sale of assets | −200,000 | 500,000 | −4 | 0 | 0 | |
| Stock-based compensation | 11 | 9 | 9 | 9 | 8 | |
| Pension cost | 500,000 | 5 | 4 | −3 | −2 | |
| Deferred income taxes | −7 | −22 | −14 | −4 | −5 | |
| Inventory reserves provision | 2 | 5 | 400,000 | 2 | 3 | |
| Other, net | 900,000 | 1 | 900,000 | 1 | 1 | |
| Receivables | −2 | 8 | 11 | −18 | −30 | |
| Inventories | −27 | −8 | −20 | −98 | −24 | |
| Other current assets and other noncurrent assets | −20 | −8 | −3 | 1 | −5 | |
| Accounts payable | 18 | 7 | −20 | 32 | 23 | |
| Other current liabilities | 4 | 32 | −2 | −9 | 38 | |
| Long-term liabilities | 800,000 | 9 | −800,000 | −6 | 3 | |
| Net cash provided by operating activities | 219 | 239 | 109 | 52 | 157 | |
| Capital expenditures | −47 | −47 | −48 | −55 | −63 | |
| Proceeds from sales of assets | 200,000 | 200,000 | 6 | 0 | 700,000 | |
| Net cash used in investing activities | −47 | −47 | −42 | −55 | −82 | |
| Dividends paid | −42 | −40 | −38 | −37 | −35 | |
| Stock repurchased under buyback program | −15 | −10 | −10 | −35 | −10 | |
| Employee taxes related to stock-based compensation | −5 | −2 | −2 | −2 | −1 | |
| Common stock issued | 5 | 8 | 3 | 2 | 2 | |
| Debt issuance costs | 0 | −900,000 | 0 | 0 | −6 | |
| Payments for finance lease obligations | −1 | −900,000 | −1 | −700,000 | −400,000 | |
| Net cash used in financing activities | −58 | −46 | −49 | −72 | −59 | |
| Effect of currency exchange rate changes on cash | 8 | 4 | −4 | −6 | 2 | |
| Net change in cash and cash equivalents | 122 | 150 | 14 | −81 | 19 | |
| Cash paid for interest, net | 6 | 10 | 15 | 19 | 25 | |
| Cash paid for income taxes, net | 69 | 74 | 38 | 27 | 17 | |
| Property, plant and equipment accrued and unpaid | 9 | 0 | 0 | — | — | |
| Property, plant and equipment accrued and unpaid | 3 | 2 | 900,000 | — | — |
Filings
Material Events
Insiders
Institutional Holders
Frequently asked questions
What is Mueller Water Products, Inc.'s CIK number?
Mueller Water Products, Inc.'s SEC CIK number is 0001350593 (1350593). The CIK (Central Index Key) is the permanent identifier the SEC assigns to every EDGAR filer — unlike a ticker symbol, it never changes.
Where can I find Mueller Water Products, Inc.'s SEC filings?
All of Mueller Water Products, Inc.'s EDGAR filings — 10-K annual reports, 10-Q quarterly reports, 8-K material events, and insider transactions — are listed on this page, sourced live from SEC EDGAR.
When did Mueller Water Products, Inc. last report earnings?
Mueller Water Products, Inc. (MWA) most recently filed an earnings 8-K with the SEC on May 5, 2026, furnishing its results under Item 2.02 (Results of Operations and Financial Condition). The earnings press release is attached to that filing (accession 0001350593-26-000022). This is Mueller Water Products, Inc.'s most recent earnings filing of record — not a forecast of its next earnings date.
What is Mueller Water Products, Inc.'s most recent earnings 8-K?
Mueller Water Products, Inc.'s latest earnings 8-K (Item 2.02) was filed May 5, 2026 under accession 0001350593-26-000022. It carries the quarterly or annual earnings press release — the earliest official, SEC-filed version of the results.
View Mueller Water Products, Inc.'s latest earnings 8-K →
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