vs

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

StubHub Holdings, Inc. is the larger business by last-quarter revenue ($468.1M vs $318.2M, roughly 1.5× Mueller Water Products, Inc.). Mueller Water Products, Inc. runs the higher net margin — 13.6% vs -276.6%, a 290.1% gap on every dollar of revenue. On growth, StubHub Holdings, Inc. posted the faster year-over-year revenue change (7.9% vs 4.6%). StubHub Holdings, Inc. produced more free cash flow last quarter ($180.3M vs $44.0M).

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.

StubHub Holdings operates a leading global online ticket marketplace for live entertainment events. It facilitates secure resale and direct purchase of tickets for concerts, sports matches, theater performances and other live experiences, serving consumers, event organizers and sellers across North America, Europe and Asia-Pacific.

MWA vs STUB — Head-to-Head

Bigger by revenue
STUB
STUB
1.5× larger
STUB
$468.1M
$318.2M
MWA
Growing faster (revenue YoY)
STUB
STUB
+3.3% gap
STUB
7.9%
4.6%
MWA
Higher net margin
MWA
MWA
290.1% more per $
MWA
13.6%
-276.6%
STUB
More free cash flow
STUB
STUB
$136.3M more FCF
STUB
$180.3M
$44.0M
MWA

Income Statement — Q1 FY2026 vs Q3 FY2025

Metric
MWA
MWA
STUB
STUB
Revenue
$318.2M
$468.1M
Net Profit
$43.2M
$-1.3B
Gross Margin
37.6%
Operating Margin
17.8%
-292.3%
Net Margin
13.6%
-276.6%
Revenue YoY
4.6%
7.9%
Net Profit YoY
22.4%
-3821.6%
EPS (diluted)
$0.27
$-4.27

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
MWA
MWA
STUB
STUB
Q4 25
$318.2M
Q3 25
$380.8M
$468.1M
Q2 25
$380.3M
Q1 25
$364.3M
Q4 24
$304.3M
Q3 24
$348.2M
$433.8M
Q2 24
$356.7M
Q1 24
$353.4M
Net Profit
MWA
MWA
STUB
STUB
Q4 25
$43.2M
Q3 25
$52.6M
$-1.3B
Q2 25
$52.5M
Q1 25
$51.3M
Q4 24
$35.3M
Q3 24
$10.0M
$-33.0M
Q2 24
$47.3M
Q1 24
$44.3M
Gross Margin
MWA
MWA
STUB
STUB
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
MWA
MWA
STUB
STUB
Q4 25
17.8%
Q3 25
18.3%
-292.3%
Q2 25
19.4%
Q1 25
19.2%
Q4 24
15.6%
Q3 24
8.2%
2.8%
Q2 24
18.8%
Q1 24
18.0%
Net Margin
MWA
MWA
STUB
STUB
Q4 25
13.6%
Q3 25
13.8%
-276.6%
Q2 25
13.8%
Q1 25
14.1%
Q4 24
11.6%
Q3 24
2.9%
-7.6%
Q2 24
13.3%
Q1 24
12.5%
EPS (diluted)
MWA
MWA
STUB
STUB
Q4 25
$0.27
Q3 25
$0.34
$-4.27
Q2 25
$0.33
Q1 25
$0.33
Q4 24
$0.22
Q3 24
$0.07
$-0.15
Q2 24
$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
MWA
MWA
STUB
STUB
Cash + ST InvestmentsLiquidity on hand
$1.4B
Total DebtLower is stronger
$1.7B
Stockholders' EquityBook value
$1.0B
$1.7B
Total Assets
$1.8B
$5.6B
Debt / EquityLower = less leverage
0.98×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
MWA
MWA
STUB
STUB
Q4 25
Q3 25
$1.4B
Q2 25
Q1 25
Q4 24
Q3 24
$1.1B
Q2 24
Q1 24
Total Debt
MWA
MWA
STUB
STUB
Q4 25
Q3 25
$1.7B
Q2 25
Q1 25
Q4 24
Q3 24
Q2 24
Q1 24
Stockholders' Equity
MWA
MWA
STUB
STUB
Q4 25
$1.0B
Q3 25
$981.7M
$1.7B
Q2 25
$929.0M
Q1 25
$873.6M
Q4 24
$834.1M
Q3 24
$810.1M
$815.9M
Q2 24
$791.6M
Q1 24
$754.5M
Total Assets
MWA
MWA
STUB
STUB
Q4 25
$1.8B
Q3 25
$1.8B
$5.6B
Q2 25
$1.7B
Q1 25
$1.7B
Q4 24
$1.6B
Q3 24
$1.6B
Q2 24
$1.6B
Q1 24
$1.5B
Debt / Equity
MWA
MWA
STUB
STUB
Q4 25
Q3 25
0.98×
Q2 25
Q1 25
Q4 24
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
MWA
MWA
STUB
STUB
Operating Cash FlowLast quarter
$61.2M
$181.4M
Free Cash FlowOCF − Capex
$44.0M
$180.3M
FCF MarginFCF / Revenue
13.8%
38.5%
Capex IntensityCapex / Revenue
5.4%
0.2%
Cash ConversionOCF / Net Profit
1.42×
TTM Free Cash FlowTrailing 4 quarters
$173.8M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
MWA
MWA
STUB
STUB
Q4 25
$61.2M
Q3 25
$83.5M
$181.4M
Q2 25
$67.4M
Q1 25
$14.3M
Q4 24
$54.1M
Q3 24
$89.3M
Q2 24
$87.3M
Q1 24
$-5.7M
Free Cash Flow
MWA
MWA
STUB
STUB
Q4 25
$44.0M
Q3 25
$69.0M
$180.3M
Q2 25
$55.7M
Q1 25
$5.1M
Q4 24
$42.2M
Q3 24
$69.9M
Q2 24
$75.1M
Q1 24
$-15.8M
FCF Margin
MWA
MWA
STUB
STUB
Q4 25
13.8%
Q3 25
18.1%
38.5%
Q2 25
14.6%
Q1 25
1.4%
Q4 24
13.9%
Q3 24
20.1%
Q2 24
21.1%
Q1 24
-4.5%
Capex Intensity
MWA
MWA
STUB
STUB
Q4 25
5.4%
Q3 25
3.8%
0.2%
Q2 25
3.1%
Q1 25
2.5%
Q4 24
3.9%
Q3 24
5.6%
Q2 24
3.4%
Q1 24
2.9%
Cash Conversion
MWA
MWA
STUB
STUB
Q4 25
1.42×
Q3 25
1.59×
Q2 25
1.28×
Q1 25
0.28×
Q4 24
1.53×
Q3 24
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

MWA
MWA

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

STUB
STUB

Transaction Fees$453.4M97%
Other$14.7M3%

Related Comparisons