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Mueller Water Products
$3.9B
Market Cap
20.9
P/E
1.23
PEG
20.1%
ROCE
21.4%
ROE
0.46
D/E
18.2%
OPM
-16.4%
% from 52W High
34
α RS
🔍 MWA is showing a high-conviction setup because it matches 13 of 37 tracked screener presets, an ECS of 52.6 last quarter, and it's within 17.4% of its 52-week high. Net: Broad signal stack, not a recommendation. ? Conviction ECS 52W High
Sources
Conviction 13/37 · ECS 52.6 · 17.4% from 52W high
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🌏 Global Investor Returns
Currency-adjusted total returns for MWA including FX impact
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📈 Price History
Ratio Health
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By Category
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About

Mueller Water Products, Inc. manufactures and markets products and services for the transmission, distribution, and measurement of water used by municipalities, and the residential and non-residential construction industries in the United States, Canada, and internationally.

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📈 Growth Pattern
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⭐ Superinvestors Holding MWA
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Manager Shares Value % of Fund Period
Steve Cohen Point72 Asset Management 71.7K $2.0M 0.00% Mar 2026

SEC Form 13F data. 45-day lag from quarter end.

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📊 MIXED Mueller Water Products Q2 record sales $384.4M, EBITDA margin 25.3%
Revenue & Profitability
Q2 2026 net sales reached a record $384.4 million, up 5.5% year-over-year. Gross profit was $144.5 million (37.6% margin), and adjusted EBITDA grew 15% to a record $97.2 million (25.3% margin). Adjusted net income per diluted share rose 17.6% to $0.40. For the first six months, free cash flow was $16.5 million (15% of adjusted net income). Full-year fiscal 2026 guidance: net sales growth 2.8%–4.2%, adjusted EBITDA $360–$365 million (>24.5% margin), capital expenditures $60–$65 million, and free cash flow exceeding 70% of adjusted net income.
Outlook
Management expects the municipal repair and replacement market to remain resilient, supported by healthy activity and strong demand for specialty valves in project-related work. However, new residential construction is anticipated to slow, with builders signaling a high-single to low-double-digit decline. The company remains vigilant about uncertainties in tariffs and inflationary pressures but raised its adjusted EBITDA guidance based on first-half performance.
Growth Drivers
Key growth levers include above-market sales growth driven by specialty valves (expected double-digit growth), pricing actions (mid-single-digit price realization in Q2), and expansion of pressure management solutions in North America. The company is also investing in commercial and operational capabilities, including digital tools, to accelerate quoting and inventory management. International growth from the i2O business was deemphasized with the exit outside North America.
Balance Sheet & CapEx
Capital expenditure guidance for fiscal 2026 remains $60–$65 million, primarily for investments in iron foundries. The company has invested $31.9 million in the first half. Strategic investments also include digital customer-facing tools and commercial capabilities to support growth, as well as continued operational investments in manufacturing efficiencies and capacity for specialty valves.
Margins
Adjusted EBITDA margin expanded 210 basis points year-over-year to a record 25.3% in Q2, driven by higher pricing, manufacturing efficiencies (including benefits from the new brass foundry), and higher volumes. These gains partially offset higher tariffs and inflationary pressures. For full-year fiscal 2026, management expects adjusted EBITDA margin above 24.5%, a 170 basis point improvement year-over-year. The WFS segment achieved a record margin of 33.2%.
Key Risks
Management flagged several risks: an anticipated slowdown in new residential construction activity, heightened tariffs and inflationary pressures, and broader uncertainty in the external operating environment. These factors are closely monitored, and the company is prepared to take action if needed. Additionally, changes in working capital from higher inventory levels and strategic investments could impact free cash flow.
Generated by AI · Q2 2026 results · Not investment advice
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✓ 📞 Earnings Call Transcripts (5 quarters) submit a missing quarter
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📞 Earnings Call Transcripts (5)
Q3 2026 Q3 2026 2026-08-06
Record quarterly results driven by strong municipal demand, specialty valve growth, and disciplined cost management. Raised annual adjusted EBITDA guidance and narrowed sales outlook, with continued investment in capacity and sustainability initiatives.
Q2 2026 Q2 2026 2026-05-06
Record quarterly results with net sales up 5.5% and adjusted EBITDA up 15% year-over-year, driven by strong pricing, operational efficiencies, and resilient municipal demand. Raised annual adjusted EBITDA guidance, but reduced free cash flow outlook due to higher inventory and capex.
Q1 2026 Q1 2026 2026-02-05
Record Q1 results driven by higher pricing and manufacturing efficiencies led to raised full-year guidance for net sales and Adjusted EBITDA. Strong municipal and specialty valve demand is expected to offset a residential construction slowdown, with price actions mitigating inflation and tariff impacts.
Q4 2025 Q4 2025 2025-11-07
Record net sales and adjusted EBITDA were achieved, with strong margin expansion and robust municipal demand offsetting residential market softness. Fiscal 2026 guidance calls for continued growth, margin improvement, and increased capital investment, with leadership transition and new product innovation underway.
Q3 2025 Q3 2025 2025-08-05
Record third-quarter results driven by strong net sales, margin expansion, and operational efficiencies, with raised 2025 guidance for both sales and EBITDA. Tariffs and FX posed headwinds, but supply chain actions and targeted pricing mitigated impacts.
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Financial Model
Projections are built from each company's audited annual financials (Income Statement, Balance Sheet, Cash Flow) over the last 5 fiscal years. Forward assumptions — revenue growth %, EBITDA margin, D&A (USD millions), interest expense, tax rate, and capex — are AI-generated using historical context and refreshed twice a year: after the December results season and after the September/Q4 results season.

DCF Valuation
Fair Value = Σ(FCFt / (1+WACC)t) + Terminal Value. Terminal Value uses the Gordon Growth Model: FCF5 × (1+g) / (WACC−g). Default WACC: 10% (US risk-free ~4.5%, equity risk premium ~5.5%). Default terminal growth: 3% (long-run US nominal GDP proxy).

CAGR Tracker
Expected 5-year CAGR = (DCF Fair Value / Current Price)1/5 − 1. Assumes fair value is reached in exactly 5 years — a mechanical estimate only.

Data Sources & Limitations
Financial statements sourced from public filings. Prices updated daily. Forward assumptions are AI-generated. All monetary values in USD millions. Non-US ADR companies may have currency conversion inaccuracies. Models are point-in-time and do not update intra-quarter or account for M&A, macro shocks, or extraordinary items.

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Investment Risk:
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Information Sources:
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