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Companies / Industrials / Mueller Water Products, Inc.
MWA

Mueller Water Products, Inc.

IndustrialsFabricated Metal
Ticker MWAATLANTA, GAFiscal year ends SeptemberBook value per share $7.12Diluted shares 157.3M

Mueller Water Products, Inc. (NYSE: MWA) is a leading manufacturer and marketer of products and solutions used in the transmission, distribution and measurement of water in North America. The company operates through two primary business segments: Water Flow Solutions, which represents approximately 58 percent of… From the company’s description.

Fiscal year 2025 · ends 09-30Changes are against fiscal 2024The amber dot is the latest twelve months, to 2026-06-30
Sales & profitability
$1.43B
+8.7% year over year
Last 12 mo $1.48B
18.23%
+4.4 percentage points
Last 12 mo 19.42%
$191.70M
+65.4% year over year
Last 12 mo $222.20M
20.18%
+3.7 percentage points
Last 12 mo 19.83%
Cash & financing
$219.30M
−8.2% year over year
Last 12 mo $237.70M
$172.00M
−10.1% year over year
Last 12 mo $179.60M
0.46
Was 0.55× a year earlier
Last 12 mo 0.40
157.5M
+0.4% year over year
Last 12 mo 157.3M

Margins and return on equity change in ; everything else in percent. Fewer shares and less debt are shown plainly, not as bad news — it depends what you make of buybacks. Dotted labels explain each measure. is shown separately from the annual figures.

What Mueller Water Products, Inc. does

In the company’s own words

Mueller Water Products, Inc. (NYSE: MWA) is a leading manufacturer and marketer of products and solutions used in the transmission, distribution and measurement of water in North America. The company operates through two primary business segments: Water Flow Solutions, which represents approximately 58 percent of consolidated net sales, and Water Management Solutions, which accounts for approximately 42 percent of consolidated net sales. Mueller Water Products generated consolidated net sales of $1,429.7 million in fiscal year 2025.

The Water Flow Solutions segment manufactures and sells iron gate valves, specialty valves including butterfly, tapping, check, knife, plug and ball valves, and service brass products under brand names including Mueller, Pratt, and U.S. Pipe Valve and Hydrant. These products are used to control distribution and transmission of potable and non-potable water across sizes ranging from three-quarter inch to 36 inches in diameter, with custom larger valves available.

The Water Management Solutions segment produces fire hydrants in both dry-barrel and wet-barrel configurations, pipe repair products, natural gas distribution equipment, water metering systems, leak detection and pipe condition assessment services, and pressure management and control products. Key brands in this segment include Mueller, U.S. Pipe Valve and Hydrant, Jones, HYMAX, Krausz, Echologics, and Singer Valve.

Mueller Water Products operates ten manufacturing facilities located in the United States, Israel and China, performing foundry, machining, fabrication, assembly, testing and painting operations. The company employs approximately people across these operations, with 83 percent of the workforce based in the United States. The company maintains an extensive distribution network primarily through national and regional waterworks distributors serving municipalities, water and wastewater utilities, gas utilities, and construction contractors throughout North America.

The company's competitive strengths include a large installed base of products, strong brand recognition particularly for the Mueller brand, specified positions with major metropolitan areas, long-standing distributor relationships, and proprietary technologies in leak detection and repair solutions. Mueller Water Products maintains research and development facilities in Chattanooga, Tennessee; Rosh Haayin, Israel; Atlanta, Georgia; Toronto, Ontario; and Southampton, United Kingdom. More information is available at www.muellerwaterproducts.com.

Company details
Sector
Industrials
Industry (SIC)
Fabricated Metal
Headquarters
ATLANTA, GA
Fiscal year end
September
CIK
1350593
SIC
3490

Financial performance, year by year

Fiscal 2013–2025 · USD
$-147.93M$295.86M$739.65M$1.18B$1.63B2013201420152016201720182019202020212022202320242025Last 12 moLast 12 monthsLast 12 months

The full income statement, balance sheet and cash flow for each of these years — every figure traceable to its filing — is on the Financials tab with a free account.

Ownership

Who owns Mueller Water Products, Inc. — and what changed

Funds as of 2026Q2 · superinvestors as of 2026-06-30

355
funds hold it
0 of 35
superinvestors hold it
$2.21B
held by funds, at market
54.2%
of shares held by funds
1
bond issues held by funds

Largest fund holders · Mueller Water Products, Inc.’s weight in each

iShares Core S&P Small-Cap ETF
IJR · iShares Trust
0.22%of fund net assets
VANGUARD TOTAL STOCK MARKET INDEX FUND
VTI · VANGUARD INDEX FUNDS
0.01%of fund net assets
FULLERTHALER BEHAVIORAL SMALL CAP EQUITY
FTHNX · Capitol Series Trust
0.96%of fund net assets
iShares Russell 2000 ETF
IWM · iShares Trust
0.13%of fund net assets
VANGUARD SMALL-CAP INDEX FUND
VB · VANGUARD INDEX FUNDS
0.05%of fund net assets

Fund ownership is a floor, not a census — pensions, insurers and people holding shares directly are not visible here.

Mueller Water Products, Inc.’s bonds, as funds hold them

Funds report holding 1 issues of Mueller Water Products, Inc.’s debt, $112.74M at market value — what funds hold, not the company’s total debt. Weighted-average coupon 4.00%, maturing 2029 to 2029.

Fund ownership counts N-PORT filers only, so it is a floor rather than a census — pensions, insurers and direct holders are not visible here, and the remainder is not “held by individuals”.

Every fund and institutional holder, quarter by quarter, is on the Ownership tab with a free account.

Connected research

Put this business in context.

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  • “How do Mueller Water Products, Inc. and its peers compare on margins and cash generation over ten years?”
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