# Mueller Water Products share price today (Mueller Water Products, Inc., MWA) > Mueller Water Products, Inc.'s results are improving, while its P/E is near the low end of its own history over 4.6 years, higher than only 3% of past readings. MWA · Industrials · Specialty Industrial Machinery · data as of 3 November 2026. Page: https://www.sectoralpha.in/us/stocks/mwa Sector Alpha also publishes a daily newsletter that explains one Indian stock at a time: https://newsletter.sectoralpha.in/?utm_source=sectoralpha&utm_medium=ai_text&utm_campaign=llms ## Key numbers - Business trend: Growing steadily, from the last 12 quarters - Price: $23.57 (−8.1% in a year) - P/E: 16.6× (lower than 97% of the last 4.6 years) - Revenue (Jun 2026): $396 M (+4.1% on a year ago) - Profit (Jun 2026): $67.3 M (+28.2% on a year ago) - Operating margin: 23.9% (+4.3 points on a year ago) - ROE: 20%, FY25 - ROIC: 22.5%, against a 8.9% cost of capital: +13.6 points The main question: yearly earnings per share moved +64.9% while the share price moved −8.1%. ## What is the Mueller Water Products share price today? Mueller Water Products, Inc.'s share price was $23.57 at the close on 3 November 2026. It has been moving sideways for 13 weeks. That is 8.8% below its average price over the last 200 trading days. Over the past 13 weeks it has done worse than the S&P 500, and it has been behind for 28 weeks running. In the last 52 weeks it traded between $22 and $30, and at that close it sat 23% of the way up from that low. Over the last 10 years the share price moved +104% while the S&P 500 moved +255%, so it is behind the index over that whole period. It was last ahead over 13 weeks in the week of 24 April 2026. The chart above shows the 13-week comparison for every week. This page treats a rise as over when the price closes below its 200-day average on two Fridays in a row. ## What dividend does Mueller Water Products pay? Mueller Water Products, Inc. paid $0.28 per share over the last four reported quarters. The most recent declaration was $0.07 for Jun 2026. At today's price of $23.57 that is a yield of 1.19%, based on dividends already paid, not a forecast. ## Which stock lists is Mueller Water Products on? Mueller Water Products is not in the Nasdaq 100, the S&P 500 or the Dow Jones 30, and is not on the US tech stocks list. ## Is Mueller Water Products profitable? Mueller Water Products, Inc. earned $67.3 M of net profit in the Jun 2026 quarter, +28.2% on the same quarter a year earlier. That is the 7th quarter in a row of profit growth. Full-year FY25 profit was $192 M. Over 4 years profit has grown 28.5% a year on average. That is 17.0% of the quarter's revenue. The same quarter a year earlier earned $52.5 M. For the full year, FY25 profit was $192 M (+65.4% on the year before). Why profit moved: revenue changed +4.1% on a year earlier and the margin moved +4.3 percentage points. Most of the change came from keeping more of each sale. On average over the last four quarters, profit changed +122.9% and revenue +5.9%. Profit is growing faster than sales: fixed costs are spread over more sales, so each extra dollar of revenue adds more to profit. ## How much revenue does Mueller Water Products make, and is it growing? Mueller Water Products, Inc. reported $396 M of revenue in the Jun 2026 quarter, +4.1% on the same quarter a year earlier. That is the 10th quarter in a row with growth on the year before. Over 4 years it has grown 6.5% a year on average. The last full year, FY25, came in at $1.4 B. The last four reported quarters add to $1.5 B. FY25 revenue was $1.4 B, +8.7% on the year before. Recent pace: the last four quarters grew +5.9% on average, against 6.5% a year over the longer run, so this year is growing at about the same pace as its own long-run rate. Is growth speeding up? Revenue over the last 12 months grew +5.9%, against +8.0% a year over the last 8 quarters (stabilising); profit over the last 12 months grew +49.0%, against +34.4% a year (accelerating). ## How much of every $100 of sales does Mueller Water Products keep? Mueller Water Products, Inc.'s operating margin was 23.9% in the Jun 2026 quarter, 4.3 percentage points higher than the same quarter a year ago. Its latest full-year margin is the highest it has ever reported. Across 5 years it has been between 10.4% and 19.1%. The latest quarter is above every full year in that period. Across 5 years it has been between 10.4% and 19.1%, and FY25's 19.1% is the highest of them. Why the margin moved: operating margin changed +4.3 percentage points on the year while gross margin changed +1.8 points. So the gain came mostly from costs below the gross margin, such as staff and overheads, measured against sales. As noted under valuation: when margins are at a record, every ratio built on profit looks better than usual, so a low multiple can mislead. ## Is Mueller Water Products' profit turning into cash? Over the last 3 years, 144% of Mueller Water Products, Inc.'s reported profit came in as cash from its operations, so the profit is backed by cash. In FY25 it brought in $219 M of operating cash against $192 M of profit. After $47.3 M of spending on assets, $172 M was left over as free cash. Cash-flow figures here are yearly, because quarterly cash statements are not published, so this section changes once a year. Why: the cash figure is clear, but the day counts behind it are not in our data, so we show it without guessing the reason. What to look at next: the main use of cash is spending on assets. The next section checks what that spending is building. ## Where does Mueller Water Products' cash go? Mueller Water Products, Inc. does not report the customer, stock and supplier day counts a cash cycle needs, so this section looks at its spending on assets instead. It spent $142 M on assets over the last 3 years. Averaged over those years that is 3.3% of FY25 revenue a year. Nothing is estimated in place of the missing day counts, so no cash-cycle chart is drawn. Spending on assets: $142 M over the last 3 years. In short: the cash is going into new capacity, not getting stuck in the daily cycle. The question is whether the new capacity earns. ## What is Mueller Water Products' P/E ratio, and how does it compare with its own history? Mueller Water Products, Inc.'s P/E is 16.6×, near the low end of its own history: it has been lower only 3% of the time. Its usual P/E (the middle reading) is 25.7×, over 4.6 years of weekly prices. This compares the share price with the company’s own past. It does not say what the business is worth. Keep one thing in mind: margins are the best this company has ever reported. A multiple that looks low against its own past can mislead when profit is at a record. If margins fall back, today's multiple is higher than it looks. Why the multiple is where it is: over the past year earnings per share moved +64.9% while the price moved −8.1%. Earnings did better than the price, which pulled the multiple down within its own range. Where the price move came from: over 3 years the price moved +21.9% a year; about +37.6% a year came from earnings growth and about −15.7 percentage points from the multiple (the market paying less). The split is approximate (price return minus earnings growth). It shows how much of the move came from the market paying a different multiple. In short: the multiple is low against its own past, so the earnings trend underneath matters more than the multiple. ## Is the Mueller Water Products business getting better or worse? Mueller Water Products, Inc.'s business is growing steadily. Revenue, profit and EPS growth have stayed positive throughout, and ROCE is steady at 19.8%. This is based on 12 quarters of 4 measures. Why it matters: steady growth with healthy returns is how a business compounds over time. ## How much does Mueller Water Products earn on its capital? Mueller Water Products, Inc. earned a ROE of 20% in FY25. That is up from a low of 10% in FY21. Its return on capital used (ROIC) is 13.6 percentage points above its cost of capital, so growth here adds value, not just size. It comes from a 13.4% net margin and 0.78× asset turnover (sales divided by assets). Why the return is what it is (FY25): a 13.4% net margin × 0.78× asset turnover × 1.87× leverage (assets divided by equity) ≈ 19.5% on equity. The margin does its share; borrowing is a big part of it. The key test, return on capital used minus the cost of capital: 22.5% − 8.9% = +13.6 percentage points. The 8.9% is an estimate of this company's own cost of capital. Read the sign and size of the gap, not the decimals. A gap this wide means each dollar put back into the business creates more than a dollar of value. The 22.5% ROIC above is the latest reading, as reported. The yearly chart below shows FY25 at 20.6%, and the quarterly chart works out each 12-month window from the quarterly figures, so the readings differ by date, not by method. ## Does Mueller Water Products have too much debt? Mueller Water Products, Inc. has total debt of $453 M against shareholder equity of $1.1 B as of Jun 2026, so its debt is 0.40× its equity. Year by year, that ratio went from 0.69 in FY21 to 0.49 in FY25. Keep that borrowing in mind when reading the returns on this page. ## What is the Mueller Water Products shareholding pattern? 3.9% of Mueller Water Products, Inc.'s tradable shares are in short positions, which are bets that the price will fall, so some traders are betting against it. At normal trading volumes, closing those positions would take about 3.8 days. US companies do not publish a quarter-by-quarter list of owners, so this page uses short interest instead. It is a single reading at one point in time; we do not have its history. Why it is at this level: the figure does not say who holds the short positions or why, so we show the level without guessing the story. ## How far is Mueller Water Products from balance-sheet trouble? For Mueller Water Products, Inc., the Z-score is 4.78. A Z-score above about 3 is safe and below about 1.8 signals danger, so this is well clear of danger. It estimates how far the balance sheet is from trouble; it is not a forecast of failure. Why it matters: a Z-score of 4.78 is well clear of the danger zone, so the balance sheet is not the risk here. ## How does Mueller Water Products rank in its industry? There is no score against its industry: Mueller Water Products, Inc. is not among the largest members shown in this industry comparison for Specialty Industrial Machinery. The score ranks a company within its industry: each measure is scored against the other members. Without that group there is no score, so none is shown. ## Which companies is Mueller Water Products compared with? No sector comparison is shown here, not among the largest members shown in this industry comparison. ## Which companies are close to Mueller Water Products in size? Mueller Water Products is the 34th largest of 57 Specialty Industrial Machinery companies on Sector Alpha by market value (scores of 3 November 2026). Just above it: Mirion Technologies, Inc., CSW Industrials, Inc. and Franklin Electric Co., Inc. Just below it: Crane NXT, Co., Kadant Inc. and Standex International Corporation. ### Specialty Industrial Machinery companies close in size 1. [Mirion Technologies, Inc.](https://www.sectoralpha.in/us/stocks/mir) $4.7 billion 2. [CSW Industrials, Inc.](https://www.sectoralpha.in/us/stocks/csw) $4.6 billion 3. [Franklin Electric Co., Inc.](https://www.sectoralpha.in/us/stocks/fele) $4.5 billion 4. Mueller Water Products, Inc. $3.7 billion 5. [Crane NXT, Co.](https://www.sectoralpha.in/us/stocks/cxt) $3.5 billion 6. [Kadant Inc.](https://www.sectoralpha.in/us/stocks/kai) $3.3 billion 7. [Standex International Corporation](https://www.sectoralpha.in/us/stocks/sxi) $3.1 billion [All 57 Specialty Industrial Machinery companies, largest first](https://www.sectoralpha.in/us/sectors/specialty-industrial-machinery#all-companies) ### Companies close in size in other industries 1. [D-Wave Quantum Inc.](https://www.sectoralpha.in/us/stocks/qbts) $3.8 billion · Computer Hardware 2. [Madison Square Garden Entertainment Corp.](https://www.sectoralpha.in/us/stocks/msge) $3.8 billion · Entertainment 3. Mueller Water Products, Inc. $3.8 billion 4. [Liquidia Corporation](https://www.sectoralpha.in/us/stocks/lqda) $3.7 billion · Drug Manufacturers - Specialty & Generic 5. [Garrett Motion Inc.](https://www.sectoralpha.in/us/stocks/gtx) $3.7 billion · Auto Parts ## What else do people ask about Mueller Water Products? ### What were Mueller Water Products's latest quarterly results? Mueller Water Products, Inc. reported revenue of $396 M and net profit of $67.3 M for the Jun 2026 quarter. Revenue rose 4.1% and profit rose 28.2% compared with a year earlier. Earnings per share were $0.43. The operating margin was 23.9%, 4.3 percentage points higher than a year earlier (as of 3 November 2026). ### What is Mueller Water Products's market cap? Mueller Water Products, Inc.'s market capitalisation is $3.7 B at a stock price of $23.57. Market cap is the share price times the number of shares, so it changes whenever the price moves (as of 3 November 2026). ### How is Mueller Water Products performing? Mueller Water Products, Inc.'s share price has been moving sideways for 13 weeks. In its latest quarter, revenue rose 4.1% and profit rose 28.2% compared with a year earlier. Over the past 13 weeks it has done worse than the S&P 500, for 28 weeks running (as of 3 November 2026). ### Will Mueller Water Products's stock price go up? This page does not forecast Mueller Water Products, Inc.'s stock price. What it shows instead: the stock price is $23.57, and it has been moving sideways for 13 weeks. Its P/E of 16.6× is higher than 3% of its own last 5 years (as of 3 November 2026). ### Is Mueller Water Products's profit real cash? Yes, over the last 3 years, 144% of Mueller Water Products, Inc.'s reported profit came in as cash from operations. The latest year was lower at 114%, so the trend is worth watching. In FY25, operating cash was $219 M against reported profit of $192 M. Most of that cash then goes into building new capacity. These are yearly figures (as of 3 November 2026). ### Where is Mueller Water Products in its business cycle? Mueller Water Products, Inc.'s FY25 operating margin was 19.1%, against a 5-year range of 10.4% to 19.1%: the top of its range, a record year. When profit is at a record, every ratio looks better than usual, and the story depends on margins staying high. The latest quarter was 23.9%. Comparing margins with a company's own long history is a good way to see where it is in its cycle (as of 3 November 2026). ### What could break the Mueller Water Products story? The main question: yearly earnings per share moved +64.9% while the share price moved −8.1%. On price, this page treats a rise as over when the share price closes below its 200-day average on two Fridays in a row (as of 3 November 2026). ### Is Mueller Water Products a stock worth studying right now? What the numbers show: Mueller Water Products, Inc.'s results are improving, while its P/E is near the low end of its own history over 4.6 years, higher than only 3% of past readings. The main open question: whether the price catches up with earnings that have already grown. Every number on this page is worked out by code from the published figures, with no forecasts and no price opinions (as of 3 November 2026). This is research, not advice. We’re not SEBI-registered.