Is Mueller Water Products (MWA) overvalued or fairly valued?

MarketChacha shows Mueller Water Products's valuation in context — a trailing P/E of about 15.6, a forward P/E of about 13.8, a price-to-book of about 3.0 — alongside its revenue and profit growth and whether reported profit converts into operating cash, so you can judge value for yourself. MarketChacha does not issue ratings, price targets, or buy/sell advice.

Does Mueller Water Products's reported profit turn into cash?

Over 3 years, operating cash flow fully covered reported profit — earnings are backed by real cash. MarketChacha computes this cash-conversion check (1.44×) from reported figures — education, not a rating.

What is Mueller Water Products's revenue?

Mueller Water Products reported revenue of $1.4B for FY2025, with net profit of $191.7M, per official filings.

What is the share price of Mueller Water Products (MWA)?

Mueller Water Products last traded at $21.99 (+1.1% on the day), as of 10/20/2026 — a delayed quote shown for education, not investment advice.

Mueller Water Products

MWA · NYSE · Industrials · United States

Snapshot

TickerMWA

ExchangeNYSE

SectorIndustrials

IndustrySpecialty Industrial Machinery

CountryUnited States

Employees3,500

HeadquartersAtlanta, United States

Websitewww.muellerwaterproducts.com

Filings tracked19

About Mueller Water Products

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. It operates in two segments, Water Flow Solutions and Water Management Solutions. The Water Flow Solutions segment provides valves for water systems, such as iron gate, butterfly, tapping, check, knife, plug, and ball valves, which are used to control distribution and transmission of potable water and non-potable water, as well as in water transmission or distribution, water treatment facilities, or industrial applications. It also offers service brass products. The Water Management Solutions segment offers dry-barrel and wet-barrel fire hydrants for water infrastructure development; fire protection systems, and water infrastructure repair and replacement projects; pipe repair products, such as couplings, grips, and clamps used to repair leaks; residential, fire protection, and commercial water metering products and systems; water leak detection and pipe condition assessment products and services; machines and tools for tapping, drilling, extracting, installing, and stopping-off; gas valve products for use in gas distribution systems; and intelligent water solutions, including pressure control valves, advanced pressure management, network analytics, event management, and date logging. It sells its products under the Canada Valve, Centurion, Ez-Max, Hydro Gate, Hydro-Guard, HYMAX, HYMAX VERSA, Jones, Krausz, Milliken, Mueller Systems, Mueller, Pratt, Pratt Industrial, Repamax, Repaflex, Singer, Echologics, Echoshore, ePulse, Hersey, LeakFinderRT, Sentryx, and U.S. Pipe Valve and Hydrant brands. Mueller Water Products, Inc. was founded in 1857 and is headquartered in Atlanta, Georgia.

Who owns it

Insiders1.1%
Institutions98.9%
Public & other0.0%

588 institutional holders

Ownership breakdown from public market data.

Top holders

Blackrock Inc.16.45%
Vanguard Portfolio Management LLC7.41%
Vanguard Capital Management LLC4.50%
State Street Corporation4.05%
First Trust Advisors LP3.91%
Fiduciary Management, Inc.3.78%
Geode Capital Management, LLC3.22%
Fuller & Thaler Asset Management Inc.3.14%

Largest institutional holders — last updated 6/30/2026.

Forensic scorecard

No major accounting red flags in the fundamentals we have — profit is backed by cash and returns look healthy.

Cash conversion1.44×

Over 3 years, operating cash flow fully covered reported profit — earnings are backed by real cash.

Net margin trend6.7% → 13.4%

Margin has expanded by about 6.7 points — the business is getting more profitable.

Return on equity19.5%

Latest ROE of 19.5% — capital is generating a healthy return.

Growth qualityrev 6% · PAT 50%

Profit growth is broadly tracking revenue growth — the earnings trend looks operational rather than one-off.

Computed by MarketChacha from reported figures (SEC XBRL). Education, not a rating or recommendation.

What's expected next

Next quarter

Rev $323.6M · EPS 0.29

Est. earnings growth +1.2%

Next fiscal year

Rev $1.5B · EPS 1.57

Est. earnings growth +0.4%

Analyst consensus estimates — not the company's own guidance.

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P/E ROE ROCE Margins Market cap

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Financials at a glance

Source: SEC XBRL

Annual

Quarterly · last 8

Revenue (FY2025)

$1.4B

Net margin

13.4%

ROE

19.5%

Revenue CAGR (2y)

+5.9%

Profit CAGR (2y)

+49.7%

EPS (FY2025)

1.22

Net profit (FY2025)

$191.7M

Ask MarketChacha about MWA

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Financials

Yearly

Period	Revenue	Net profit	EPS	Net margin	ROE
FY2025	$1.4B	$191.7M	1.22	13.4%	19.5%
FY2024	$1.3B	$115.9M	0.74	8.8%	14.3%
FY2023	$1.3B	$85.5M	0.55	6.7%	12.0%

Quarterly

Period	Revenue	Net profit	EPS	Net margin
2026Q2	$395.9M	$67.3M	0.43	17.0%
2026Q1	$384.4M	$59.1M	0.38	15.4%
2025Q4	$318.2M	$43.2M	0.27	13.6%
2025Q2	$380.3M	$52.5M	0.33	13.8%
2025Q1	$364.3M	$51.3M	0.33	14.1%
2024Q4	$304.3M	$35.3M	0.22	11.6%
2024Q2	$356.7M	$47.3M	0.30	13.3%
2024Q1	$353.4M	$44.3M	0.28	12.5%
2023Q4	$256.4M	$14.3M	0.09	5.6%
2023Q2	$326.6M	$24.5M	0.16	7.5%
2023Q1	$332.9M	$21.3M	0.14	6.4%

Figures as reported, in reporting currency. Source: SEC XBRL.

Filings & announcements

2026

10-Q filing
SEC8/6/2026
8-K — Results of operations, Exhibits
SEC8/5/2026material
8-K — Executive/director change
SEC6/18/2026material
10-Q filing
SEC5/6/2026
8-K — Results of operations, Exhibits
SEC5/5/2026material
8-K — Reg FD disclosure, Exhibits
SEC2/25/2026material
8-K — Executive/director change
SEC2/23/2026material
8-K — Shareholder vote results
SEC2/12/2026material
10-Q filing
SEC2/5/2026
8-K — Results of operations, Exhibits
SEC2/4/2026material

2025

10-K filing
SEC11/19/2025
8-K — Reg FD disclosure, Exhibits
SEC11/10/2025material
8-K — Results of operations, Exhibits
SEC11/6/2025material
8-K — Executive/director change, Reg FD disclosure, Exhibits
SEC11/6/2025material
8-K — Other events, Exhibits
SEC10/24/2025material
8-K — Reg FD disclosure, Exhibits
SEC9/2/2025material
8-K — Executive/director change, Exhibits
SEC8/15/2025material
10-Q filing
SEC8/5/2025
8-K — Results of operations, Exhibits
SEC8/4/2025material

In the news

Education and discussion only — not investment advice. Financials from official filings (SEC/BSE) and reported company statements; market figures (delayed market data) are delayed and shown for reference only. Verify with the linked sources before acting.