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Side-by-side financial comparison of INTERPARFUMS INC (IPAR) and Mueller Water Products, Inc. (MWA). Click either name above to swap in a different company.

INTERPARFUMS INC is the larger business by last-quarter revenue ($386.2M vs $318.2M, roughly 1.2× Mueller Water Products, Inc.). Mueller Water Products, Inc. runs the higher net margin — 13.6% vs 7.3%, a 6.3% gap on every dollar of revenue. On growth, INTERPARFUMS INC posted the faster year-over-year revenue change (6.8% vs 4.6%). INTERPARFUMS INC produced more free cash flow last quarter ($145.0M vs $44.0M). Over the past eight quarters, INTERPARFUMS INC's revenue compounded faster (9.2% CAGR vs -5.1%).

Inter Parfums Inc is a global prestige fragrance firm that develops, manufactures and distributes perfumes, body care and related cosmetics. It partners with top luxury fashion and lifestyle brands to launch licensed fragrance lines, serving consumers across North America, Europe, Asia Pacific and other key markets via department stores, beauty retailers and official e-commerce channels.

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.

IPAR vs MWA — Head-to-Head

Bigger by revenue
IPAR
IPAR
1.2× larger
IPAR
$386.2M
$318.2M
MWA
Growing faster (revenue YoY)
IPAR
IPAR
+2.3% gap
IPAR
6.8%
4.6%
MWA
Higher net margin
MWA
MWA
6.3% more per $
MWA
13.6%
7.3%
IPAR
More free cash flow
IPAR
IPAR
$101.0M more FCF
IPAR
$145.0M
$44.0M
MWA
Faster 2-yr revenue CAGR
IPAR
IPAR
Annualised
IPAR
9.2%
-5.1%
MWA

Income Statement — Q4 FY2025 vs Q1 FY2026

Metric
IPAR
IPAR
MWA
MWA
Revenue
$386.2M
$318.2M
Net Profit
$28.1M
$43.2M
Gross Margin
61.5%
37.6%
Operating Margin
7.1%
17.8%
Net Margin
7.3%
13.6%
Revenue YoY
6.8%
4.6%
Net Profit YoY
16.0%
22.4%
EPS (diluted)
$0.88
$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
IPAR
IPAR
MWA
MWA
Q4 25
$386.2M
$318.2M
Q3 25
$429.6M
$380.8M
Q2 25
$333.9M
$380.3M
Q1 25
$338.8M
$364.3M
Q4 24
$361.5M
$304.3M
Q3 24
$424.6M
$348.2M
Q2 24
$342.2M
$356.7M
Q1 24
$324.0M
$353.4M
Net Profit
IPAR
IPAR
MWA
MWA
Q4 25
$28.1M
$43.2M
Q3 25
$65.8M
$52.6M
Q2 25
$32.0M
$52.5M
Q1 25
$42.5M
$51.3M
Q4 24
$24.2M
$35.3M
Q3 24
$62.3M
$10.0M
Q2 24
$36.8M
$47.3M
Q1 24
$41.0M
$44.3M
Gross Margin
IPAR
IPAR
MWA
MWA
Q4 25
61.5%
37.6%
Q3 25
63.5%
36.8%
Q2 25
66.2%
38.3%
Q1 25
63.7%
35.1%
Q4 24
64.5%
33.8%
Q3 24
63.9%
31.8%
Q2 24
64.5%
36.8%
Q1 24
62.5%
36.9%
Operating Margin
IPAR
IPAR
MWA
MWA
Q4 25
7.1%
17.8%
Q3 25
25.3%
18.3%
Q2 25
17.7%
19.4%
Q1 25
22.2%
19.2%
Q4 24
10.0%
15.6%
Q3 24
25.0%
8.2%
Q2 24
18.9%
18.8%
Q1 24
21.0%
18.0%
Net Margin
IPAR
IPAR
MWA
MWA
Q4 25
7.3%
13.6%
Q3 25
15.3%
13.8%
Q2 25
9.6%
13.8%
Q1 25
12.5%
14.1%
Q4 24
6.7%
11.6%
Q3 24
14.7%
2.9%
Q2 24
10.8%
13.3%
Q1 24
12.7%
12.5%
EPS (diluted)
IPAR
IPAR
MWA
MWA
Q4 25
$0.88
$0.27
Q3 25
$2.05
$0.34
Q2 25
$0.99
$0.33
Q1 25
$1.32
$0.33
Q4 24
$0.78
$0.22
Q3 24
$1.93
$0.07
Q2 24
$1.14
$0.30
Q1 24
$1.27
$0.28

Balance Sheet & Financial Strength

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

Metric
IPAR
IPAR
MWA
MWA
Cash + ST InvestmentsLiquidity on hand
$137.1M
Total DebtLower is stronger
$176.0M
Stockholders' EquityBook value
$880.7M
$1.0B
Total Assets
$1.6B
$1.8B
Debt / EquityLower = less leverage
0.20×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
IPAR
IPAR
MWA
MWA
Q4 25
$137.1M
Q3 25
$77.5M
Q2 25
$53.9M
Q1 25
$75.3M
Q4 24
$109.3M
Q3 24
$78.8M
Q2 24
$37.7M
Q1 24
$76.1M
Total Debt
IPAR
IPAR
MWA
MWA
Q4 25
$176.0M
Q3 25
Q2 25
Q1 25
Q4 24
$157.3M
Q3 24
Q2 24
Q1 24
Stockholders' Equity
IPAR
IPAR
MWA
MWA
Q4 25
$880.7M
$1.0B
Q3 25
$870.9M
$981.7M
Q2 25
$839.4M
$929.0M
Q1 25
$788.6M
$873.6M
Q4 24
$744.9M
$834.1M
Q3 24
$778.5M
$810.1M
Q2 24
$717.1M
$791.6M
Q1 24
$708.1M
$754.5M
Total Assets
IPAR
IPAR
MWA
MWA
Q4 25
$1.6B
$1.8B
Q3 25
$1.6B
$1.8B
Q2 25
$1.6B
$1.7B
Q1 25
$1.4B
$1.7B
Q4 24
$1.4B
$1.6B
Q3 24
$1.5B
$1.6B
Q2 24
$1.4B
$1.6B
Q1 24
$1.3B
$1.5B
Debt / Equity
IPAR
IPAR
MWA
MWA
Q4 25
0.20×
Q3 25
Q2 25
Q1 25
Q4 24
0.21×
Q3 24
Q2 24
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
IPAR
IPAR
MWA
MWA
Operating Cash FlowLast quarter
$146.5M
$61.2M
Free Cash FlowOCF − Capex
$145.0M
$44.0M
FCF MarginFCF / Revenue
37.5%
13.8%
Capex IntensityCapex / Revenue
0.4%
5.4%
Cash ConversionOCF / Net Profit
5.21×
1.42×
TTM Free Cash FlowTrailing 4 quarters
$190.5M
$173.8M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
IPAR
IPAR
MWA
MWA
Q4 25
$146.5M
$61.2M
Q3 25
$63.9M
$83.5M
Q2 25
$11.9M
$67.4M
Q1 25
$-7.4M
$14.3M
Q4 24
$138.0M
$54.1M
Q3 24
$76.1M
$89.3M
Q2 24
$25.5M
$87.3M
Q1 24
$-52.0M
$-5.7M
Free Cash Flow
IPAR
IPAR
MWA
MWA
Q4 25
$145.0M
$44.0M
Q3 25
$57.6M
$69.0M
Q2 25
$-3.3M
$55.7M
Q1 25
$-8.8M
$5.1M
Q4 24
$136.1M
$42.2M
Q3 24
$75.4M
$69.9M
Q2 24
$24.4M
$75.1M
Q1 24
$-53.0M
$-15.8M
FCF Margin
IPAR
IPAR
MWA
MWA
Q4 25
37.5%
13.8%
Q3 25
13.4%
18.1%
Q2 25
-1.0%
14.6%
Q1 25
-2.6%
1.4%
Q4 24
37.7%
13.9%
Q3 24
17.8%
20.1%
Q2 24
7.1%
21.1%
Q1 24
-16.4%
-4.5%
Capex Intensity
IPAR
IPAR
MWA
MWA
Q4 25
0.4%
5.4%
Q3 25
1.5%
3.8%
Q2 25
4.5%
3.1%
Q1 25
0.4%
2.5%
Q4 24
0.5%
3.9%
Q3 24
0.2%
5.6%
Q2 24
0.3%
3.4%
Q1 24
0.3%
2.9%
Cash Conversion
IPAR
IPAR
MWA
MWA
Q4 25
5.21×
1.42×
Q3 25
0.97×
1.59×
Q2 25
0.37×
1.28×
Q1 25
-0.17×
0.28×
Q4 24
5.69×
1.53×
Q3 24
1.22×
8.93×
Q2 24
0.69×
1.85×
Q1 24
-1.27×
-0.13×

Financial Flow Comparison

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

Revenue Breakdown by Segment

IPAR
IPAR

European Based Operations$232.7M60%
United States Based Operations$155.2M40%

MWA
MWA

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

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