Mueller Water Products Inc. (MWA) is a leading provider of products and services crucial for the conveyance, distribution, and precise measurement of ...
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Est. EPS $1.57 · Revenue $1.48B · 3 analysts
Est. EPS $0.30 · Revenue $327.20M · 3 analysts
Est. EPS $0.43 · Revenue $396.38M · 1 analysts
Est. EPS $0.45 · Revenue $407.44M · 1 analysts
$0.28 per share
$0.28 per share
| Metric | Latest | YoYYoY means Year-over-Year. It compares the latest annual value with the previous annual value to show long-term trend strength. | QoQQoQ means Quarter-over-Quarter. It compares the latest quarter with the immediately previous quarter to show short-term momentum changes. |
|---|---|---|---|
| RevenueThe total money that came through the front door from selling things, before paying a single bill. Think of it as the grand total of every credit card swipe from customers. (YoY compares this year to last year's performance, while QoQ compares the current three months to the previous three). | $1.4B | +8.7% | +3.0% |
| Net IncomeThe absolute bottom line. If the company paid every single supplier, employee, banker, and tax collector, this is the actual money left in their pocket at the end of the day. | $191.7M | +65.4% | +13.9% |
| Gross MarginThe basic markup. If they sell a $100 pair of sneakers, this percentage tells you how much of that price tag is profit right after paying for the rubber and shoelaces, but before paying for things like store rent or TV commercials. | +36.1% | +3.5% | +4.7% |
| Operating MarginThe 'day job' efficiency score. Out of every dollar a customer spends, this shows how many cents the company keeps after making the product AND paying for all the everyday corporate overhead (like salaries, marketing, and keeping the lights on). | +18.2% | +31.9% | -2.7% |
| Net MarginThe final take-home percentage. When you strip away every conceivable cost, tax, and interest payment, this is the exact number of cents the company truly gets to keep from every dollar in sales. | +13.4% | +52.1% | +10.6% |
| Free Cash FlowThe holy grail of corporate cash. It's the spendable, physical money left over after the business pays for its daily operations AND buys the big, expensive upgrades (like new factories or servers) it needs to survive. This is the 'free' money they can use to pay dividends or buy back stock. | $172.0M | -10.1% | +442.2% |
| FCF MarginThe ultimate cash conversion rate. It shows how good the company is at turning regular sales directly into cold, hard, spendable cash. A high percentage means the business is an absolute cash-printing machine. | +12.0% | -17.4% | +432.2% |
| Debt / EquityThe financial risk gauge. It compares how much of the company's empire was built using borrowed money (loans) versus the owners' own money (shareholders). A high number means they are heavily leveraged and playing a riskier game; a low number means they are playing it safe. | 46.0% | -22.0% | -4.3% |
| Current RatioThe 12-month survival check. It simply compares the cash they have right now (plus things they can quickly turn into cash) against the immediate bills they absolutely must pay this year. A score above 1 means they have enough in the wallet to cover the upcoming bills without panicking. | 3.54x | +6.5% | +1.5% |
| Total AssetsThe absolute size of the company's empire. It bundles together absolutely everything of value they own—from the cash in the register and the inventory in the warehouse, to the software patents in the vault and the factories on the ground. | $1.8B | +12.4% | +3.6% |
| Metric | Annual (A vs E) | Annual Surprise | Quarter (A vs E) | Quarter Surprise |
|---|---|---|---|---|
| EPS Surprise | 1.22 vs 1.26 | -3.4% | 0.43 vs 0.39 | +9.8% |
| Revenue Surprise | $1.4B vs $1.4B | +1.6% | $395.9M vs $391.5M | +1.1% |
| Date | Executive | Title | Security | Side | Shares | Price |
|---|---|---|---|---|---|---|
| Sep 1, 2026 | Ortiz Christine | director | Common Stock | D | 550 | $23.93 |
| Aug 31, 2026 | Ortiz Christine | director | Common Stock | D | 12,048 | $24.23 |
| Aug 26, 2026 | Feyerherm Richelle R. | officer: VP, CAO and Corp. Controller | Common Stock | D | 3,000 | $25.00 |
| Aug 17, 2026 | Feyerherm Richelle R. | officer: VP, CAO and Corp. Controller | Common Stock | D | 1,157 | $25.18 |
| Aug 10, 2026 | McAndrew Paul | director, officer: President and CEO | Common Stock | D | 40,000 | $26.39 |
Operator : Good morning, and thank you for standing by. Today's conference is being recorded. If you have any objections, you may disconnect at this time. It is now my pleasure to turn the call over to Whit Kincaid. Whit Kincaid : Good morning, everyone. Thank you for joining us for Mueller Water Products Third Quarter Conference Call. Yesterday afternoon, we issued our press release reporting results of operations for the quarter ended June 30, 2026. A copy of the press release is available on our website, muellerwaterproducts.com. I am joined this morning by Paul McAndrew, our President and Chief Executive Officer; and Melissa Rasmussen, our Chief Financial Officer. Following our prepared remarks, we will address questions related to the information covered on the call. As a reminder, please keep to one question and a follow-up and then return to the queue. This morning's call is being recorded and webcast live on the Internet. We have also posted slides on our website to accompany today's discussion. They also address forward-looking statements and our non-GAAP disclosure requirements. At this time, please refer to Slide 2. This slide identifies non-GAAP financial measures referenced in our press release, on our slides and on this call. It discloses the reasons why we believe these measures provide useful information to investors. Reconciliations between non-GAAP and GAAP financial measures are included in the supplemental information within our press release and on our website. Slide 3 addresses forward-looking statements made on this call. This slide includes cautionary information identifying important factors that could cause actual results to differ materially from those included in forward-looking statements. Please review Slides 2 and 3 in their entirety. During this call, all references to a specific year or quarter, unless specified otherwise, refer to our fiscal year, which ends the 30th of September. A replay of this morning's call will be available for 30 days at 1 (866) 386-1299. The archived webcast and corresponding slides will be available for at least 90 days on the Investor Relations section of our website. I'll now turn the call over to Paul. Paul McAndrew : Thanks, Whit. Good morning, everyone. Thank you for joining our third quarter earnings call. Our outstanding third quarter results reflect strong execution and continued progress against the operating priorities we outlined in the last quarter. We achieved quarterly records for net sales, adjusted EBITDA and adjusted net income per diluted share. Net sales grew 4.1% in the quarter, supported by commercial execution, resilient municipal end market demand and strong growth in project-related specialty valves. Adjusted EBITDA margin expanded 440 basis points year-over-year, reflecting our continued focus on operational excellence, productivity and disciplined cost management. Free cash flow was strong this quarter, enabling us to continue funding capacity and …
| Name | Title | Compensation | Gender | Year Born | Status |
|---|---|---|---|---|---|
Marietta Edmunds Zakas | Senior Advisor | USD 3,034,391 | Female | 1959 | Active |
Paul McAndrew | Pres, Chief Executive Officer & Director | USD 1,885,257 | Male | 1975 | Active |
Melissa Rasmussen | Senior Vice President & Chief Financial Officer | USD 1,168,677 | Female | 1978 | Active |
Scott Floyd | Executive VP & Chief Commercial Officer | USD 983,512 | Male | 1970 | Active |
Todd Helms | Senior Vice President & Chief HR Officer | USD 932,940 | Male | 1967 | Active |
Darin S. Harvey | Senior Vice President of Operations & Supply Chain | USD 500,386 | Male | 1971 | Active |
Andrew Davies | SVP & CIO | — | — | — | Active |
Chason A. Carroll | Senior VP, General Counsel, Chief Compliance Officer & Corporate Secretary | — | Male | 1976 | Active |
Whit Kincaid | Senior Director of Investor Relations & Corporate Development | — | Male | — | Active |
Richelle Feyerherm | VP, Chief Accounting Officer, Principal Accounting Officer & Corporate Controller | — | Female | 1973 | Active |
Mueller Water Products NYSE: MWA reported record third-quarter results for the fiscal quarter ended June 30, 2026, as pricing actions, tariff refunds, cost management and demand in municipal infrastructure and specialty valves supported sales and profitability.
Mueller Water Products, Inc. (MWA) Q3 2026 Earnings Call Transcript
While the top- and bottom-line numbers for Mueller Water Products (MWA) give a sense of how the business performed in the quarter ended June 2026, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.
Mueller Water Products (MWA) came out with quarterly earnings of $0.5 per share, beating the Zacks Consensus Estimate of $0.39 per share. This compares to earnings of $0.34 per share a year ago.
Increased Net Sales 4.1% to $395.9 Million Reported Net Income per Diluted Share of $0.43 Achieved Adjusted Net Income per Diluted Share of $0.50 Raises Annual Guidance for Fiscal 2026 Adjusted EBITDA ATLANTA, Aug. 05, 2026 (GLOBE NEWSWIRE) -- Mueller Water Products, Inc. (NYSE: MWA), a leading manufacturer and marketer of products and solutions used in the transmission, distribution and measurement of water in North America, announced financial results for its fiscal 2026 third quarter ended June 30, 2026. In the third quarter of 2026, the Company: Increased net sales 4.1% to $395.9 million as compared with $380.3 million in the prior year quarter Reported operating income of $80.6 million as compared with $73.7 million in the prior year quarter, and increased adjusted operating income 27.0% to $94.9 million as compared with $74.7 million in the prior year quarter Reported operating margin of 20.4% as compared with 19.4% in the prior year quarter, and expanded adjusted operating margin to 24.0% as compared with 19.6% in the prior year quarter Reported net income of $67.3 million as compared with $52.5 million in the prior year quarter, with net income margin of 17.0% as compared with 13.8% in the prior year quarter, and increased adjusted net income 48.1% to $78.8 million as compared with $53.2 million in the prior year quarter Reported net income per diluted share of $0.43 as compared with $0.33 in the prior year quarter, and increased adjusted net income per diluted share 47.1% to $0.50 as compared with $0.34 in the prior year quarter Increased adjusted EBITDA 24.3% to $107.4 million as compared with $86.4 million in the prior year quarter, and expanded adjusted EBITDA margin to 27.1% as compared with 22.7% in the prior year quarter Reported net cash provided by operating activities for the nine-month period of $154.2 million as compared with $135.8 million in the prior year period Generated free cash flow for the nine-month period of $110.6 million as compared with $103.0 million in the prior year period Repurchased $10.0 million of common stock during the third quarter “Our outstanding third quarter results reflect strong execution across the business and continued progress against our operating priorities, despite a dynamic operating environment.
