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Mueller Water Products, Inc.（MWA）与沃茨水工业（WTS）财务数据对比。点击上方公司名可切换其他公司
沃茨水工业的季度营收约是Mueller Water Products, Inc.的2.0倍（$625.1M vs $318.2M）。Mueller Water Products, Inc.净利率更高（13.6% vs 13.4%，领先0.2%）。沃茨水工业同比增速更快（15.7% vs 4.6%）。沃茨水工业自由现金流更多（$140.3M vs $44.0M）。过去两年沃茨水工业的营收复合增速更高（4.6% vs -5.1%）
穆勒水业（Mueller Water Products, Inc.）是总部位于美国佐治亚州亚特兰大的上市企业，为北美规模顶尖的消防栓、闸阀及其他水务基础设施产品生产商与分销商之一，旗下设有Mueller Co.和Mueller Technologies两大业务单元，运营包括Echologics、Mueller Systems在内的十余个品牌及关联主体。
沃茨水工业旗下AERCO是暖通管道领域的商用冷凝锅炉、高效热水设备及能量回收系统供应商，服务覆盖教育、住宿、政府、办公楼、医疗、工业、多户型住宅等多元市场，1949年推出行业首款半即热式无罐蒸汽热水器，1988年推出首款冷凝全调制设备。
MWA vs WTS — 直观对比
营收规模更大
WTS
是对方的2.0倍
$318.2M
营收增速更快
WTS
高出11.1%
4.6%
净利率更高
MWA
高出0.2%
13.4%
自由现金流更多
WTS
多$96.3M
$44.0M
两年增速更快
WTS
近两年复合增速
-5.1%
损益表 — Q1 2026 vs Q4 2025
| 指标 | | |
|---|---|---|
| 营收 | $318.2M | $625.1M |
| 净利润 | $43.2M | $83.7M |
| 毛利率 | 37.6% | 49.5% |
| 营业利润率 | 17.8% | 18.2% |
| 净利率 | 13.6% | 13.4% |
| 营收同比 | 4.6% | 15.7% |
| 净利润同比 | 22.4% | 24.0% |
| 每股收益（稀释后） | $0.27 | $2.50 |
绿色 = 该指标领先。财年不对齐时期间可能不同
8季度营收与利润趋势
并排季度历史对比，按日历期对齐，财年错位的公司也能正确匹配
营收MWAWTS
| Q4 25 | $318.2M | $625.1M | ||
| Q3 25 | $380.8M | $611.7M | ||
| Q2 25 | $380.3M | $643.7M | ||
| Q1 25 | $364.3M | $558.0M | ||
| Q4 24 | $304.3M | $540.4M | ||
| Q3 24 | $348.2M | $543.6M | ||
| Q2 24 | $356.7M | $597.3M | ||
| Q1 24 | $353.4M | $570.9M |
净利润MWAWTS
| Q4 25 | $43.2M | $83.7M | ||
| Q3 25 | $52.6M | $82.2M | ||
| Q2 25 | $52.5M | $100.9M | ||
| Q1 25 | $51.3M | $74.0M | ||
| Q4 24 | $35.3M | $67.5M | ||
| Q3 24 | $10.0M | $69.1M | ||
| Q2 24 | $47.3M | $82.0M | ||
| Q1 24 | $44.3M | $72.6M |
毛利率MWAWTS
| Q4 25 | 37.6% | 49.5% | ||
| Q3 25 | 36.8% | 48.8% | ||
| Q2 25 | 38.3% | 50.6% | ||
| Q1 25 | 35.1% | 48.8% | ||
| Q4 24 | 33.8% | 46.7% | ||
| Q3 24 | 31.8% | 47.3% | ||
| Q2 24 | 36.8% | 47.7% | ||
| Q1 24 | 36.9% | 46.9% |
营业利润率MWAWTS
| Q4 25 | 17.8% | 18.2% | ||
| Q3 25 | 18.3% | 18.2% | ||
| Q2 25 | 19.4% | 21.0% | ||
| Q1 25 | 19.2% | 15.7% | ||
| Q4 24 | 15.6% | 16.5% | ||
| Q3 24 | 8.2% | 17.1% | ||
| Q2 24 | 18.8% | 18.7% | ||
| Q1 24 | 18.0% | 16.9% |
净利率MWAWTS
| Q4 25 | 13.6% | 13.4% | ||
| Q3 25 | 13.8% | 13.4% | ||
| Q2 25 | 13.8% | 15.7% | ||
| Q1 25 | 14.1% | 13.3% | ||
| Q4 24 | 11.6% | 12.5% | ||
| Q3 24 | 2.9% | 12.7% | ||
| Q2 24 | 13.3% | 13.7% | ||
| Q1 24 | 12.5% | 12.7% |
每股收益（稀释后）MWAWTS
| Q4 25 | $0.27 | $2.50 | ||
| Q3 25 | $0.34 | $2.45 | ||
| Q2 25 | $0.33 | $3.01 | ||
| Q1 25 | $0.33 | $2.21 | ||
| Q4 24 | $0.22 | $2.02 | ||
| Q3 24 | $0.07 | $2.06 | ||
| Q2 24 | $0.30 | $2.44 | ||
| Q1 24 | $0.28 | $2.17 |
资产负债表与财务实力
最新季度各公司的流动性、杠杆与账面价值一览
| 指标 | | |
|---|---|---|
| 现金及短期投资手头流动性 | — | $405.5M |
| 总债务越低越好 | — | — |
| 股东权益账面价值 | $1.0B | $2.0B |
| 总资产 | $1.8B | $2.9B |
| 负债/权益比越低杠杆越低 | — | — |
8季度趋势，按日历期对齐
现金及短期投资MWAWTS
| Q4 25 | — | $405.5M | ||
| Q3 25 | — | $457.7M | ||
| Q2 25 | — | $369.3M | ||
| Q1 25 | — | $336.8M | ||
| Q4 24 | — | $386.9M | ||
| Q3 24 | — | $303.9M | ||
| Q2 24 | — | $279.4M | ||
| Q1 24 | — | $237.1M |
股东权益MWAWTS
| Q4 25 | $1.0B | $2.0B | ||
| Q3 25 | $981.7M | $2.0B | ||
| Q2 25 | $929.0M | $1.9B | ||
| Q1 25 | $873.6M | $1.8B | ||
| Q4 24 | $834.1M | $1.7B | ||
| Q3 24 | $810.1M | $1.7B | ||
| Q2 24 | $791.6M | $1.6B | ||
| Q1 24 | $754.5M | $1.6B |
总资产MWAWTS
| Q4 25 | $1.8B | $2.9B | ||
| Q3 25 | $1.8B | $2.7B | ||
| Q2 25 | $1.7B | $2.6B | ||
| Q1 25 | $1.7B | $2.5B | ||
| Q4 24 | $1.6B | $2.4B | ||
| Q3 24 | $1.6B | $2.4B | ||
| Q2 24 | $1.6B | $2.4B | ||
| Q1 24 | $1.5B | $2.3B |
现金流与资本效率
扣除再投资后实际产生的现金。现金流比净利润更难造假
| 指标 | | |
|---|---|---|
| 经营现金流最新季度 | $61.2M | $154.7M |
| 自由现金流经营现金流 - 资本支出 | $44.0M | $140.3M |
| 自由现金流率自由现金流/营收 | 13.8% | 22.4% |
| 资本支出强度资本支出/营收 | 5.4% | 2.3% |
| 现金转化率经营现金流/净利润 | 1.42× | 1.85× |
| 过去12个月自由现金流最近4个季度 | $173.8M | $356.3M |
8季度趋势，按日历期对齐
经营现金流MWAWTS
| Q4 25 | $61.2M | $154.7M | ||
| Q3 25 | $83.5M | $122.4M | ||
| Q2 25 | $67.4M | $69.7M | ||
| Q1 25 | $14.3M | $55.2M | ||
| Q4 24 | $54.1M | $139.5M | ||
| Q3 24 | $89.3M | $90.7M | ||
| Q2 24 | $87.3M | $85.3M | ||
| Q1 24 | $-5.7M | $45.6M |
自由现金流MWAWTS
| Q4 25 | $44.0M | $140.3M | ||
| Q3 25 | $69.0M | $110.9M | ||
| Q2 25 | $55.7M | $59.5M | ||
| Q1 25 | $5.1M | $45.6M | ||
| Q4 24 | $42.2M | $127.5M | ||
| Q3 24 | $69.9M | $84.3M | ||
| Q2 24 | $75.1M | $78.5M | ||
| Q1 24 | $-15.8M | $35.5M |
自由现金流率MWAWTS
| Q4 25 | 13.8% | 22.4% | ||
| Q3 25 | 18.1% | 18.1% | ||
| Q2 25 | 14.6% | 9.2% | ||
| Q1 25 | 1.4% | 8.2% | ||
| Q4 24 | 13.9% | 23.6% | ||
| Q3 24 | 20.1% | 15.5% | ||
| Q2 24 | 21.1% | 13.1% | ||
| Q1 24 | -4.5% | 6.2% |
资本支出强度MWAWTS
| Q4 25 | 5.4% | 2.3% | ||
| Q3 25 | 3.8% | 1.9% | ||
| Q2 25 | 3.1% | 1.6% | ||
| Q1 25 | 2.5% | 1.7% | ||
| Q4 24 | 3.9% | 2.2% | ||
| Q3 24 | 5.6% | 1.2% | ||
| Q2 24 | 3.4% | 1.1% | ||
| Q1 24 | 2.9% | 1.8% |
现金转化率MWAWTS
| Q4 25 | 1.42× | 1.85× | ||
| Q3 25 | 1.59× | 1.49× | ||
| Q2 25 | 1.28× | 0.69× | ||
| Q1 25 | 0.28× | 0.75× | ||
| Q4 24 | 1.53× | 2.07× | ||
| Q3 24 | 8.93× | 1.31× | ||
| Q2 24 | 1.85× | 1.04× | ||
| Q1 24 | -0.13× | 0.63× |
财务流量对比
营收 → 毛利润 → 营业利润 → 净利润流向图
业务分部营收拆解
MWA
| Water Flow Solutions | $173.0M | 54% |
| Water Management Solutions | $145.2M | 46% |
WTS
暂无分部数据
