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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) manufactures and markets products and solutions for the transmission, distribution and measurement of water, primarily serving municipalities and residential and non-residential construction markets in North America. It operates through two segments: Water Flow Solutions, which… From the company’s description.

Over the twelve months to Jun 30, 2026, Mueller Water Products, Inc. reported revenue of $1.48B, up 5.9% from a year earlier, and net income of $222.20M. Its operating margin was 19.4%, and operations generated $237.70M in cash. In fiscal 2025, it reported revenue of $1.43B, up 8.7% from fiscal 2024, and net income of $191.70M.

Fiscal year 2025 · ends 09-30Changes are against fiscal 2024The amber dot is the latest twelve months, to 2026-06-30
Sales & profitability
$1.43BFY2025
+8.7% year over year
Last 12 mo $1.48B
18.23%FY2025
+4.4 percentage points
Last 12 mo 19.42%
$191.70MFY2025
+65.4% year over year
Last 12 mo $222.20M
20.20%FY2025
+3.1 percentage points
Last 12 mo 21.42%
Cash & financing
$219.30MFY2025
−8.2% year over year
Last 12 mo $237.70M
$172.00MFY2025
−10.1% year over year
Last 12 mo $179.60M
0.46FY2025
Was 0.55× a year earlier
Last 12 mo 0.40
157.5MFY2025
+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) manufactures and markets products and solutions for the transmission, distribution and measurement of water, primarily serving municipalities and residential and non-residential construction markets in North America. It operates through two segments: Water Flow Solutions, which represented approximately 58% of fiscal 2025 net sales, sells iron gate and specialty valves and service brass products; Water Management Solutions, representing approximately 42%, offers fire hydrants, repair and installation products and services, natural gas distribution products, water meters, leak detection, pipe condition assessment, and pressure management and control solutions. Customers include waterworks distributors, water and wastewater utilities, gas utilities, fire protection and construction contractors, and municipalities. Major brands include Mueller, Pratt, U.S. Pipe Valve and Hydrant, HYMAX, Echologics, Hersey, Jones, Singer and i2O. The company reports consolidated net sales of $1.43 billion for fiscal 2025 and operates ten manufacturing facilities across the United States, Israel and China. Its website is 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 2012–2025 · USD
$-267.17M$209.14M$685.45M$1.16B$1.64B20122013201420152016201720182019202020212022202320242025Last 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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