Mueller Water Products, Inc.MWAEarnings & Financial Report
Mueller Water Products, Inc. (MWP) is a publicly traded company headquartered in Atlanta, Georgia. It is one of the largest manufacturers and distributors of fire hydrants, gate valves, and other water infrastructure products in North America. MWP is made up of two business units—Mueller Co. and Mueller Technologies—that oversee more than a dozen brands and affiliates, including Echologics and Mueller Systems.
MWA Q1 FY2026 Key Financial Metrics
Revenue
$318.2M
Gross Profit
$119.8M
Operating Profit
$56.7M
Net Profit
$43.2M
Gross Margin
37.6%
Operating Margin
17.8%
Net Margin
13.6%
YoY Growth
4.6%
EPS
$0.27
Mueller Water Products, Inc. Q1 FY2026 Financial Summary
Mueller Water Products, Inc. reported revenue of $318.2M (up 4.6% YoY) for Q1 FY2026, with a net profit of $43.2M (up 22.4% YoY) (13.6% margin). Cost of goods sold was $198.4M, operating expenses totaled $63.1M.
Key Financial Metrics
| Total Revenue | $318.2M |
|---|---|
| Net Profit | $43.2M |
| Gross Margin | 37.6% |
| Operating Margin | 17.8% |
| Report Period | Q1 FY2026 |
Revenue Breakdown
Mueller Water Products, Inc. Q1 FY2026 revenue of $318.2M breaks down across 2 segments, led by Water Flow Solutions at $173.0M (54.4% of total).
| Segment | Revenue | % of Total |
|---|---|---|
| Water Flow Solutions | $173.0M | 54.4% |
| Water Management Solutions | $145.2M | 45.6% |
Mueller Water Products, Inc. Annual Revenue by Year
Mueller Water Products, Inc. annual revenue history includes year-by-year totals (for example, 2025 revenue was $1.4B).
Mueller Water Products, Inc. Quarterly Revenue & Net Profit History
Mueller Water Products, Inc. results over the last 8 reported quarters, including revenue, net profit and year-over-year growth.
| Quarter | Revenue | Revenue YoY | Net Profit | Net Margin |
|---|---|---|---|---|
| Q1 FY2026 | $318.2M | +4.6% | $43.2M | 13.6% |
| Q4 FY2025 | $380.8M | +9.4% | $52.6M | 13.8% |
| Q3 FY2025 | $380.3M | +6.6% | $52.5M | 13.8% |
| Q2 FY2025 | $364.3M | +3.1% | $51.3M | 14.1% |
| Q1 FY2025 | $304.3M | +18.7% | $35.3M | 11.6% |
| Q4 FY2024 | $348.2M | +15.5% | $10.0M | 2.9% |
| Q3 FY2024 | $356.7M | +9.2% | $47.3M | 13.3% |
| Q2 FY2024 | $353.4M | +6.2% | $44.3M | 12.5% |
Income Statement
| Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | Q1 2026 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | $353.4M | $356.7M | $348.2M | $304.3M | $364.3M | $380.3M | $380.8M | $318.2M |
| YoY Growth | 6.2% | 9.2% | 15.5% | 18.7% | 3.1% | 6.6% | 9.4% | 4.6% |
Balance Sheet
| Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | Q1 2026 | |
|---|---|---|---|---|---|---|---|---|
| Assets | $1.54B | $1.57B | $1.64B | $1.62B | $1.67B | $1.73B | $1.84B | $1.85B |
| Liabilities | $784.9M | $777.0M | $825.8M | $785.1M | $797.0M | $801.4M | $857.2M | $828.6M |
| Equity | $754.5M | $791.6M | $810.1M | $834.1M | $873.6M | $929.0M | $981.7M | $1.02B |
Cash Flow
| Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | Q1 2026 | |
|---|---|---|---|---|---|---|---|---|
| Operating CF | $-5.7M | $87.3M | $89.3M | $54.1M | $14.3M | $67.4M | $83.5M | $61.2M |