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Side-by-side financial comparison of Concentra Group Holdings Parent, Inc. (CON) and Mueller Water Products, Inc. (MWA). Click either name above to swap in a different company.

Concentra Group Holdings Parent, Inc. is the larger business by last-quarter revenue ($539.1M vs $318.2M, roughly 1.7× Mueller Water Products, Inc.). Mueller Water Products, Inc. runs the higher net margin — 13.6% vs 6.4%, a 7.1% gap on every dollar of revenue. Concentra Group Holdings Parent, Inc. produced more free cash flow last quarter ($98.5M vs $44.0M).

Concentra Inc., is a national health care establishment centered around occupational health. It was founded in 1979 in Amarillo, Texas, and the headquarters of the corporation is in Addison, Texas. It runs 627 occupational health centers and 410 onsite health clinics at employer worksites across 47 states. According to the Bureau of Labor Statistics, Concentra treats one out of every seven occupational injuries in the United States. It is currently a publicly traded company with over 80% of t...

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.

CON vs MWA — Head-to-Head

Bigger by revenue
CON
CON
1.7× larger
CON
$539.1M
$318.2M
MWA
Higher net margin
MWA
MWA
7.1% more per $
MWA
13.6%
6.4%
CON
More free cash flow
CON
CON
$54.5M more FCF
CON
$98.5M
$44.0M
MWA

Income Statement — Q4 FY2025 vs Q1 FY2026

Metric
CON
CON
MWA
MWA
Revenue
$539.1M
$318.2M
Net Profit
$34.7M
$43.2M
Gross Margin
37.6%
Operating Margin
12.9%
17.8%
Net Margin
6.4%
13.6%
Revenue YoY
4.6%
Net Profit YoY
22.4%
EPS (diluted)
$0.27
$0.27

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
CON
CON
MWA
MWA
Q4 25
$539.1M
$318.2M
Q3 25
$572.8M
$380.8M
Q2 25
$550.8M
$380.3M
Q1 25
$500.8M
$364.3M
Q4 24
$304.3M
Q3 24
$489.6M
$348.2M
Q2 24
$477.9M
$356.7M
Q1 24
$353.4M
Net Profit
CON
CON
MWA
MWA
Q4 25
$34.7M
$43.2M
Q3 25
$48.3M
$52.6M
Q2 25
$44.6M
$52.5M
Q1 25
$38.9M
$51.3M
Q4 24
$35.3M
Q3 24
$44.3M
$10.0M
Q2 24
$51.7M
$47.3M
Q1 24
$44.3M
Gross Margin
CON
CON
MWA
MWA
Q4 25
37.6%
Q3 25
36.8%
Q2 25
38.3%
Q1 25
35.1%
Q4 24
33.8%
Q3 24
31.8%
Q2 24
36.8%
Q1 24
36.9%
Operating Margin
CON
CON
MWA
MWA
Q4 25
12.9%
17.8%
Q3 25
16.5%
18.3%
Q2 25
16.3%
19.4%
Q1 25
16.0%
19.2%
Q4 24
15.6%
Q3 24
17.6%
8.2%
Q2 24
17.6%
18.8%
Q1 24
18.0%
Net Margin
CON
CON
MWA
MWA
Q4 25
6.4%
13.6%
Q3 25
8.4%
13.8%
Q2 25
8.1%
13.8%
Q1 25
7.8%
14.1%
Q4 24
11.6%
Q3 24
9.1%
2.9%
Q2 24
10.8%
13.3%
Q1 24
12.5%
EPS (diluted)
CON
CON
MWA
MWA
Q4 25
$0.27
$0.27
Q3 25
$0.38
$0.34
Q2 25
$0.35
$0.33
Q1 25
$0.30
$0.33
Q4 24
$0.22
Q3 24
$0.37
$0.07
Q2 24
$0.50
$0.30
Q1 24
$0.28

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
CON
CON
MWA
MWA
Cash + ST InvestmentsLiquidity on hand
$79.9M
Total DebtLower is stronger
$1.6B
Stockholders' EquityBook value
$393.3M
$1.0B
Total Assets
$2.9B
$1.8B
Debt / EquityLower = less leverage
3.98×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
CON
CON
MWA
MWA
Q4 25
$79.9M
Q3 25
$49.9M
Q2 25
$73.9M
Q1 25
$52.1M
Q4 24
Q3 24
$136.8M
Q2 24
$50.7M
Q1 24
Total Debt
CON
CON
MWA
MWA
Q4 25
$1.6B
Q3 25
$1.6B
Q2 25
$1.7B
Q1 25
$1.6B
Q4 24
Q3 24
$1.5B
Q2 24
$3.0M
Q1 24
Stockholders' Equity
CON
CON
MWA
MWA
Q4 25
$393.3M
$1.0B
Q3 25
$385.5M
$981.7M
Q2 25
$342.6M
$929.0M
Q1 25
$307.1M
$873.6M
Q4 24
$834.1M
Q3 24
$277.8M
$810.1M
Q2 24
$1.2B
$791.6M
Q1 24
$754.5M
Total Assets
CON
CON
MWA
MWA
Q4 25
$2.9B
$1.8B
Q3 25
$2.8B
$1.8B
Q2 25
$2.8B
$1.7B
Q1 25
$2.7B
$1.7B
Q4 24
$1.6B
Q3 24
$2.5B
$1.6B
Q2 24
$2.4B
$1.6B
Q1 24
$1.5B
Debt / Equity
CON
CON
MWA
MWA
Q4 25
3.98×
Q3 25
4.15×
Q2 25
4.82×
Q1 25
5.27×
Q4 24
Q3 24
5.30×
Q2 24
0.00×
Q1 24

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
CON
CON
MWA
MWA
Operating Cash FlowLast quarter
$118.7M
$61.2M
Free Cash FlowOCF − Capex
$98.5M
$44.0M
FCF MarginFCF / Revenue
18.3%
13.8%
Capex IntensityCapex / Revenue
3.7%
5.4%
Cash ConversionOCF / Net Profit
3.42×
1.42×
TTM Free Cash FlowTrailing 4 quarters
$197.1M
$173.8M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
CON
CON
MWA
MWA
Q4 25
$118.7M
$61.2M
Q3 25
$60.6M
$83.5M
Q2 25
$88.4M
$67.4M
Q1 25
$11.7M
$14.3M
Q4 24
$54.1M
Q3 24
$65.9M
$89.3M
Q2 24
$87.3M
Q1 24
$-5.7M
Free Cash Flow
CON
CON
MWA
MWA
Q4 25
$98.5M
$44.0M
Q3 25
$39.4M
$69.0M
Q2 25
$63.2M
$55.7M
Q1 25
$-4.0M
$5.1M
Q4 24
$42.2M
Q3 24
$50.8M
$69.9M
Q2 24
$75.1M
Q1 24
$-15.8M
FCF Margin
CON
CON
MWA
MWA
Q4 25
18.3%
13.8%
Q3 25
6.9%
18.1%
Q2 25
11.5%
14.6%
Q1 25
-0.8%
1.4%
Q4 24
13.9%
Q3 24
10.4%
20.1%
Q2 24
21.1%
Q1 24
-4.5%
Capex Intensity
CON
CON
MWA
MWA
Q4 25
3.7%
5.4%
Q3 25
3.7%
3.8%
Q2 25
4.6%
3.1%
Q1 25
3.1%
2.5%
Q4 24
3.9%
Q3 24
3.1%
5.6%
Q2 24
3.4%
Q1 24
2.9%
Cash Conversion
CON
CON
MWA
MWA
Q4 25
3.42×
1.42×
Q3 25
1.26×
1.59×
Q2 25
1.98×
1.28×
Q1 25
0.30×
0.28×
Q4 24
1.53×
Q3 24
1.49×
8.93×
Q2 24
1.85×
Q1 24
-0.13×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

CON
CON

Occupational Health Center Workers Compensation$328.5M61%
Occupational Health Center Employer Services$151.9M28%
Onsite Health Clinics$36.2M7%
Other Businesses$12.3M2%
Occupational Health Center Consumer Health$8.1M2%
Occupational Health Center Other$2.1M0%

MWA
MWA

Water Flow Solutions$173.0M54%
Water Management Solutions$145.2M46%

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