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MWA · NYSE · United States · Miscellaneous Fabricated Metal Products
In shortMueller Water Products, Inc. is profitable, generates cash and carries moderate debt, with revenue growing (+8.7% last year).
Financial health
Strong
Built from five areas over the last five annual reports. Tap an area to see the figures behind it.
| Operating marginShare of each sale left after running the business, before interest and tax. | 18.2% | 77/100 |
|---|---|---|
| Net marginShare of each sale left as profit after every cost, interest and tax. | 13.4% | 74/100 |
| Return on equityProfit earned on the money shareholders put in. Above 15% is strong. | 21.4% | 100/100 |
| Return on invested capitalProfit earned on all the capital used (equity and debt). Above 10% usually means a real competitive edge. | 13.7% | 91/100 |
Weight in the score: 25%
| Current ratioShort-term assets divided by short-term debts. Below 1 can mean tight cash. | 3.54× | 100/100 |
|---|---|---|
| Debt / equityDebt compared with the shareholders' stake. Above 2 is heavily indebted. | 0.46× | 86/100 |
| Net debt / EBITDAYears of operating profit needed to repay net debt. Below 2 is comfortable. | 0.07× | 100/100 |
| Interest coverageHow many times operating profit covers interest. Below 2 is risky. | 13.03× | 100/100 |
| Altman Z''Bankruptcy-risk model. Above 2.6 safe, below 1.1 distress. | 4.48 | 87/100 |
Weight in the score: 25%
| Free cash flow marginCash left from each sale after investments. The money that can pay dividends or reduce debt. | 12.0% | 68/100 |
|---|---|---|
| Free cash flow / net incomeHow much accounting profit turns into real cash. Near 1 or above is healthy. | 0.90× | 75/100 |
| Years with positive free cash flow (last 5) | 4 of 5 | 75/100 |
Weight in the score: 20%
| Profitable years (last 5) | 5 of 5 | 100/100 |
|---|---|---|
| Years of revenue decline (last 5) | 0 of 5 | 100/100 |
| Revenue growth volatility | 5.7% | 90/100 |
| Operating margin volatility | 3.7% | 76/100 |
Weight in the score: 20%
| Revenue growth, 3-year average | 4.7% | 43/100 |
|---|---|---|
| EPS growth, 3-year average | 36.5% | 100/100 |
Weight in the score: 10%
Fiscal year 2025 · change vs prior year
Annual figures as reported. Hover a bar or point for the exact value.
5 older years available with the 10-year history. Essential plan, from €8.25/month →
The last 5 fiscal years from the company's annual reports.
USD millions; negative values in parentheses.
| Fiscal year | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|
| Revenue | 1,111 | 1,247 | 1,276 | 1,315 | 1,430 |
| Cost of revenue | 753 | 883 | 896 | 856 | 913 |
| Gross profit | 359 | 364 | 380 | 459 | 517 |
| Research & development | 17 | 25 | 26 | 21 | 20 |
| Selling, general & admin | 219 | 239 | 242 | 245 | 247 |
| Operating income | 132 | 112 | 127 | 182 | 261 |
| Interest expense | 24 | 18 | 18 | 22 | 20 |
| Pre-tax income | 95 | 99 | 109 | 163 | 254 |
| Income tax | 25 | 22 | 24 | 48 | 63 |
| Net income | 70 | 77 | 86 | 116 | 192 |
| Diluted EPS | $0.44 | $0.48 | $0.55 | $0.74 | $1.22 |
| Diluted shares (millions) | 159 | 158 | 157 | 157 | 158 |
5 older years available with the 10-year history. Essential plan, from €8.25/month →
4.48 Safe zone
Estimates bankruptcy risk from working capital, retained earnings, operating profit and equity. Above 2.6 is considered safe, below 1.1 signals distress.
8/9
Nine yes-or-no tests on profitability, debt, liquidity and efficiency versus the prior year. 7 to 9 is strong, 0 to 3 is weak.
All figures: SEC EDGAR. Ratios and scores are computed by Scorvest (see how it works). Information only, not investment advice. How it works
Latest annual report: Jun 30, 2026 · Data updated Aug 6, 2026