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Mueller Water Products, Inc. MWA

NYSE · stock · Miscellaneous Fabricated Metal Products · website · IPO 2006-05-26 · LEI

Mueller Water Products, Inc. statistics & valuation

Market cap$4.2B
P / E21.8×
P / S2.9×
P / B4.3×
Dividend yield1.00%
Net margin13.4%
Return on equity19.5%
Net debt$450.4M
Net debt / EBITDA1.5×
Enterprise value USD$4.6B
EV / EBITDA15.1×
Earnings yield EBIT/EV5.6%
Return on capital16.8%
Graham number -50%$13.08

Market cap as of 2026-06-29. Multiples are price-derived and refreshed daily; everything else from the latest financial reports. The Graham number is Benjamin Graham's rough maximum fair value ($13.08); a green figure means the price is below it.

Profitability & efficiency

Net margin (%)
8.00% 14.90% 11.50% 6.60% 7.50% 6.30% 6.10% 6.70% 8.80% 13.40% 2016201720182019202020212022202320242025
Gross margin (%)
33.60% 32.40% 31.60% 33.20% 34.00% 32.30% 29.20% 29.70% 34.90% 36.10% 2016201720182019202020212022202320242025
Operating margin (%)
14.00% 12.40% 13.30% 12.80% 12.10% 11.90% 8.90% 10.00% 13.80% 18.20% 2016201720182019202020212022202320242025
Return on equity (%)
15.20% 25.20% 18.70% 10.80% 11.20% 10.10% 11.40% 12.00% 14.30% 19.50% 2016201720182019202020212022202320242025
Shares outstanding
163.4M 161.8M 159.7M 159.0M 158.6M 159.2M 158.0M 156.8M 156.9M 157.5M 2016201720182019202020212022202320242025
Net debt ($)
$295.7M $124.8M $104.5M $275.4M $243.6M $224.7M $451.6M $446.7M $448.7M $450.4M 2016201720182019202020212022202320242025
Share buybacks ($)
2016201720182019202020212022202320242025
Return on assets (%)
5.00% 9.80% 8.20% 4.80% 5.20% 4.60% 5.10% 5.70% 7.10% 10.40% 2016201720182019202020212022202320242025
Free cash flow margin (%)
2016201720182019202020212022202320242025
Debt / equity (×)
1.17× 0.99× 0.80× 0.76× 0.71× 0.65× 0.67× 0.63× 0.55× 0.46× 2016201720182019202020212022202320242025
EPS ($)
$0.39 $0.76 $0.66 $0.40 $0.44 $0.48 $0.55 $0.74 $1.22 2016201720182019202020212022202320242025

Margins and returns computed from annual filings. Falling shares outstanding = buybacks; rising = dilution. Net debt = debt − cash (negative = net cash).

P / E vs its own history

Mueller Water Products, Inc. trades at about 21.5× earnings — below its 10-year norm (10-year range 15.5×–46.3×, median 29.2×).

15.5× 46.3×

Shaded band = 10-year range (15.5×–46.3×); dot = today's 21.5×.

Historical P/E = month-end price near each fiscal year-end ÷ that year's EPS. A read on whether the stock is cheap or dear relative to how it has typically been valued — not a forecast.

Key ratios (by fiscal year)

RatioFY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Gross margin36.1%34.9%29.7%29.2%32.3%34.0%33.2%31.6%32.4%33.6%
Operating margin18.2%13.8%10.0%8.9%11.9%12.1%12.8%13.3%12.4%14.0%
Net margin13.4%8.8%6.7%6.1%6.3%7.5%6.6%11.5%14.9%8.0%
Return on assets10.4%7.1%5.7%5.1%4.6%5.2%4.8%8.2%9.8%5.0%
Return on equity19.5%14.3%12.0%11.4%10.1%11.2%10.8%18.7%25.2%15.2%
Debt / equity0.46×0.55×0.63×0.67×0.65×0.71×0.76×0.80×0.99×1.17×
Current ratio3.543.333.232.822.973.753.184.104.733.30

Computed from company filings · US · as of 2025-09-30. Facts plus Stocktoria's own computed scores — not investment advice.