MUELLER WATER PRODUCTS, INC.

EDGAR

Annual consolidated revenue for 2025: about USD 1.43B, using the latest reported figures. The previous period, 2024, was about USD 1.315B.

Watchlist

Latest quarter

Revenue

396 million USD

2026 Q3 · USD

Exact inputs and evidence

Operating margin

20.36%

2026 Q3 · %

Exact inputs and evidence
  • Operating Income: 80600000 USD Source
  • Revenue: 395900000 USD Source

Operating cash flow

106 million USD

2026 Q3 · USD

Exact inputs and evidence
  • Operating Cash Flow: 154200000 USD Source
  • Operating Cash Flow: 48400000 USD Source
Cash and cash equivalents
155 million USD Source
Exact value

154900000 USD

Long-term debt including current maturities
451 million USD Source
Exact value

451400000 USD

Shares outstanding
156 million shares Source
Exact value

156101616 shares

Reported share-count change

-0.11% · -170 thousand shares

Year-over-year change in reported shares. Splits, issuance and buybacks can affect this figure; it does not isolate employee compensation or economic dilution.

Exact inputs and evidence
  • 156272099 shares · 2025-06-30· Source
  • 156101616 shares · 2026-06-30· Source

Trailing twelve months

The four most recent complete quarters added together. This gives a full-year view that includes the latest quarterly results.

Revenue

1.48 billion USD

2025-07-01 – 2026-06-30

Exact inputs and evidence
  • Revenue: 1429700000 USD · 2024-10-01 – 2025-09-30 Source
  • Revenue: 1048900000 USD · 2024-10-01 – 2025-06-30 Source
  • Revenue: 318200000 USD · 2025-10-01 – 2025-12-31 Source
  • Revenue: 384400000 USD · 2026-01-01 – 2026-03-31 Source
  • Revenue: 395900000 USD · 2026-04-01 – 2026-06-30 Source

Net income

222 million USD

2025-07-01 – 2026-06-30

Exact inputs and evidence
  • Net income: 191700000 USD · 2024-10-01 – 2025-09-30 Source
  • Net income: 139100000 USD · 2024-10-01 – 2025-06-30 Source
  • Net income: 43200000 USD · 2025-10-01 – 2025-12-31 Source
  • Net income: 59100000 USD · 2026-01-01 – 2026-03-31 Source
  • Net income: 67300000 USD · 2026-04-01 – 2026-06-30 Source

Operating cash flow

238 million USD

2025-07-01 – 2026-06-30

Exact inputs and evidence
  • Operating cash flow: 219300000 USD · 2024-10-01 – 2025-09-30 Source
  • Operating cash flow: 135800000 USD · 2024-10-01 – 2025-06-30 Source
  • Operating cash flow: 61200000 USD · 2025-10-01 – 2025-12-31 Source
  • Operating cash flow: 48400000 USD · 2025-10-01 – 2026-03-31 Source
  • Operating cash flow: 61200000 USD · 2025-10-01 – 2025-12-31 Source
  • Operating cash flow: 154200000 USD · 2025-10-01 – 2026-06-30 Source
  • Operating cash flow: 48400000 USD · 2025-10-01 – 2026-03-31 Source

Company performance

Up to ten complete financial years · consolidated figures

Includes later revisions to earlier periods. Annual charts exclude incomplete years.

Latest filing recorded: 2026-10-22.

Financial data available through: 2025-09-30.

Coverage by financial measure
  • Revenue: 11 of 11 periods available· newest 2025-09-30
  • Operating income: 11 of 11 periods available· newest 2025-09-30
  • Net income: 11 of 11 periods available· newest 2025-09-30
  • Operating cash flow: 11 of 11 periods available· newest 2025-09-30
  • capital expenditure: No compatible figures in this window
  • Total assets: 11 of 11 periods available· newest 2025-09-30
  • Total liabilities: 11 of 11 periods available· newest 2025-09-30
  • Current assets: 11 of 11 periods available· newest 2025-09-30
  • Current liabilities: 11 of 11 periods available· newest 2025-09-30
  • Cash and cash equivalents: 7 of 11 periods available· newest 2021-09-30
  • Long-term debt including current maturities: 8 of 11 periods available· newest 2022-09-30
  • Shares outstanding: 11 of 11 periods available· newest 2025-09-30

Coverage describes values retained in this snapshot. Missing values are not zero; loading limits are reported separately.

What changed year over year

Latest complete year compared with the corresponding period one year earlier. These are measured changes; they do not establish their business causes.

  • Revenue

    +8.7%

    Prior period

    USD 1.31 billion

    –

    Current period

    USD 1.43 billion

    –

    Exact inputs and evidence

    1429700000 − 1314700000 = 115000000 USD

    1314700000 USD · 2023-10-01 – 2024-09-30

    Inspect prior input Prior source

    1429700000 USD · 2024-10-01 – 2025-09-30

    Inspect current input Current source
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  • Net income

    +65.4%

    Prior period

    USD 115.9 million

    –

    Current period

    USD 191.7 million

    –

    Exact inputs and evidence

    191700000 − 115900000 = 75800000 USD

    115900000 USD · 2023-10-01 – 2024-09-30

    Inspect prior input Prior source

    191700000 USD · 2024-10-01 – 2025-09-30

    Inspect current input Current source
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  • Operating cash flow

    -8.2%

    Prior period

    USD 238.8 million

    –

    Current period

    USD 219.3 million

    –

    Exact inputs and evidence

    219300000 − 238800000 = -19500000 USD

    238800000 USD · 2023-10-01 – 2024-09-30

    Inspect prior input Prior source

    219300000 USD · 2024-10-01 – 2025-09-30

    Inspect current input Current source
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Comparable inputs unavailable for: Capital expenditure.

Where revenue goes

How a period’s revenue divides into costs and what remains as profit. Items marked Derived are calculated by subtraction from reported figures.

2025 2024-10-01 – 2025-09-30

  • Revenue USD 1.43 billion 100% of revenue
  • Cost of revenue USD 913 million 64% of revenue
  • Operating expenses USD 256.1 million 18% of revenue
  • Operating income USD 260.6 million 18% of revenue
  • Tax, interest and other Derived USD 68.9 million 4.8% of revenue
  • Net income USD 191.7 million 13% of revenue

Cash

  • Operating cash flow USD 219.3 million 15% of revenue
  • Capital expenditure Unavailable An input is unavailable.
  • Free cash flow Derived Unavailable An input is unavailable.

Share of revenue by period

  • Net income
  • Tax, interest and other
  • Operating costs
  • 2016 86%
  • 2017 Net income was higher than operating income, so the split is not drawn.
  • 2018 12%87%
  • 2019 87%
  • 2020 88%
  • 2021 88%
  • 2022 91%
  • 2023 90%
  • 2024 86%
  • 2025 13%82%
Values and sources
Revenue breakdown by annual reporting period
PeriodRevenueOperating costsOperating incomeTax, interest and otherNet incomeFree cash flowSource
2016 2015-10-01 – 2016-09-30800600000 688400000 Derived 112200000 48300000 Derived 63900000 Unavailable
Source
2017 2016-10-01 – 2017-09-30826000000 723900000 Derived 102100000 -21200000 Derived 123300000 Unavailable
Source
2018 2017-10-01 – 2018-09-30916000000 794300000 Derived 121700000 16100000 Derived 105600000 Unavailable
Source
2019 2018-10-01 – 2019-09-30968000000 843700000 Derived 124300000 60500000 Derived 63800000 Unavailable
Source
2020 2019-10-01 – 2020-09-30964100000 847300000 Derived 116800000 44800000 Derived 72000000 Unavailable
Source
2021 2020-10-01 – 2021-09-301111000000 979300000 Derived 131700000 61300000 Derived 70400000 Unavailable
Source
2022 2021-10-01 – 2022-09-301247400000 1135800000 Derived 111600000 35000000 Derived 76600000 Unavailable
Source
2023 2022-10-01 – 2023-09-301275700000 1148300000 Derived 127400000 41900000 Derived 85500000 Unavailable
Source
2024 2023-10-01 – 2024-09-301314700000 1133000000 Derived 181700000 65800000 Derived 115900000 Unavailable
Source
2025 2024-10-01 – 2025-09-301429700000 1169100000 Derived 260600000 68900000 Derived 191700000 Unavailable
Source

Amounts are exact, in USD.

Growth

Sales over time and how quickly they are changing.

Revenue

Revenue reported for each complete financial period.

USD 1.4B 2025
Revenue historyRevenue reported for each complete financial period. Values are shown by financial reporting period. Open Values and sources below for the exact observations and evidence.1.5B1.2B772.0M386.0M0.0201620212025
Values and sources
Revenue values and source evidence
PeriodSeriesValue(USD)Source evidence
2016Revenue800600000
2017Revenue826000000
2018Revenue916000000
2019Revenue968000000
2020Revenue964100000
2021Revenue1111000000
2022Revenue1247400000
2023Revenue1275700000
2024Revenue1314700000
2025Revenue1429700000

Revenue growth

Change in revenue from the same financial period one year earlier.

8.7% 2025
Revenue growth historyChange in revenue from the same financial period one year earlier. Values are shown by financial reporting period. Open Values and sources below for the exact observations and evidence.16.5%12.0%7.4%2.9%-1.7%201620212025
Values and sources
Revenue growth values and source evidence
PeriodSeriesValueSource evidence
2016Year over year0.9%
2017Year over year3.2%
2018Year over year10.9%
2019Year over year5.7%
2020Year over year-0.4%
2021Year over year15.2%
2022Year over year12.3%
2023Year over year2.3%
2024Year over year3.1%
2025Year over year8.7%

Profit and cash

How much revenue becomes profit, and how much cash operations generate.

Profit margins

Operating income, net income and free cash flow as a share of revenue.

Operating margin 18.2% 2025
Net margin 13.4% 2025
Profit margins historyOperating income, net income and free cash flow as a share of revenue. Values are shown by financial reporting period. Open Values and sources below for the exact observations and evidence.19.7%14.8%9.8%4.9%0.0%201620212025
  • Operating margin
  • Net margin
  • Free cash flow margin
Values and sources
Profit margins values and source evidence
PeriodSeriesValueSource evidence
2016Operating margin14%
2017Operating margin12.4%
2018Operating margin13.3%
2019Operating margin12.8%
2020Operating margin12.1%
2021Operating margin11.9%
2022Operating margin8.9%
2023Operating margin10%
2024Operating margin13.8%
2025Operating margin18.2%
2016Net margin8%
2017Net margin14.9%
2018Net margin11.5%
2019Net margin6.6%
2020Net margin7.5%
2021Net margin6.3%
2022Net margin6.1%
2023Net margin6.7%
2024Net margin8.8%
2025Net margin13.4%
2016Free cash flow marginNot reported
2017Free cash flow marginNot reported
2018Free cash flow marginNot reported
2019Free cash flow marginNot reported
2020Free cash flow marginNot reported
2021Free cash flow marginNot reported
2022Free cash flow marginNot reported
2023Free cash flow marginNot reported
2024Free cash flow marginNot reported
2025Free cash flow marginNot reported

Operating cash flow

Cash generated by the company’s normal business operations.

USD 219.3M 2025
Operating cash flow historyCash generated by the company’s normal business operations. Values are shown by financial reporting period. Open Values and sources below for the exact observations and evidence.257.9M193.4M129.0M64.5M0.0201620212025
Values and sources
Operating cash flow values and source evidence
PeriodSeriesValue(USD)Source evidence
2016Operating cash flow114500000
2017Operating cash flow59400000
2018Operating cash flow133100000
2019Operating cash flow92500000
2020Operating cash flow140300000
2021Operating cash flow156700000
2022Operating cash flow52300000
2023Operating cash flow109000000
2024Operating cash flow238800000
2025Operating cash flow219300000

Free cash flow

Operating cash flow minus capital expenditure for the same period and unit.

Not enough comparable data to show this history.
Values and sources
Free cash flow values and source evidence
PeriodSeriesValue(USD)Source evidence
2016Free cash flowUnavailable
2017Free cash flowUnavailable
2018Free cash flowUnavailable
2019Free cash flowUnavailable
2020Free cash flowUnavailable
2021Free cash flowUnavailable
2022Free cash flowUnavailable
2023Free cash flowUnavailable
2024Free cash flowUnavailable
2025Free cash flowUnavailable

Balance sheet

Liabilities and short-term ability to meet obligations at each period end.

Liabilities to assets

Total liabilities as a share of total assets.

46.6% 2025
Liabilities to assets historyTotal liabilities as a share of total assets. Values are shown by financial reporting period. Open Values and sources below for the exact observations and evidence.73%54%36%18%0%201620212025
Values and sources
Liabilities to assets values and source evidence
PeriodSeriesValueSource evidence
2016Liabilities / assets67.2%
2017Liabilities / assets61.1%
2018Liabilities / assets56.3%
2019Liabilities / assets55.7%
2020Liabilities / assets54.1%
2021Liabilities / assets54.2%
2022Liabilities / assets55.3%
2023Liabilities / assets52.7%
2024Liabilities / assets50.5%
2025Liabilities / assets46.6%

Current assets to current liabilities

Current assets divided by current liabilities.

3.54× 2025
Current assets to current liabilities historyCurrent assets divided by current liabilities. Values are shown by financial reporting period. Open Values and sources below for the exact observations and evidence.5.11×3.83×2.56×1.28×0.00×201620212025
Values and sources
Current assets to current liabilities values and source evidence
PeriodSeriesValueSource evidence
2016Current assets / current liabilities3.3×
2017Current assets / current liabilities4.73×
2018Current assets / current liabilities4.1×
2019Current assets / current liabilities3.18×
2020Current assets / current liabilities3.75×
2021Current assets / current liabilities2.97×
2022Current assets / current liabilities2.82×
2023Current assets / current liabilities3.23×
2024Current assets / current liabilities3.33×
2025Current assets / current liabilities3.54×

Cash generation

Compare reported profit with operating cash and capital spending. Free cash flow is calculated as operating cash flow minus capital expenditure when both exact, consolidated amounts match the same period and unit.

Cash generation by annual reporting period
PeriodNet incomeOperating cash flowCapital expenditureFree cash flow
2016 2015-10-01 – 2016-09-30
USD 63.9 million
Exact value

Exact value: 63900000 USD

2015-10-01 – 2016-09-30: 63900000 USD Inspect Net Income Open source
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USD 114.5 million
Exact value

Exact value: 114500000 USD

2015-10-01 – 2016-09-30: 114500000 USD Inspect Operating Cash Flow Open source
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Unavailable Not reported for this period.
Unavailable

Free cash flow cannot be calculated because Capital expenditure is unavailable for this period.

2017 2016-10-01 – 2017-09-30
USD 123.3 million
Exact value

Exact value: 123300000 USD

2016-10-01 – 2017-09-30: 123300000 USD Inspect Net Income Open source
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USD 59.4 million
Exact value

Exact value: 59400000 USD

2016-10-01 – 2017-09-30: 59400000 USD Inspect Operating Cash Flow Open source
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Unavailable Not reported for this period.
Unavailable

Free cash flow cannot be calculated because Capital expenditure is unavailable for this period.

2018 2017-10-01 – 2018-09-30
USD 105.6 million
Exact value

Exact value: 105600000 USD

2017-10-01 – 2018-09-30: 105600000 USD Inspect Net Income Open source
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USD 133.1 million
Exact value

Exact value: 133100000 USD

2017-10-01 – 2018-09-30: 133100000 USD Inspect Operating Cash Flow Open source
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Unavailable Not reported for this period.
Unavailable

Free cash flow cannot be calculated because Capital expenditure is unavailable for this period.

2019 2018-10-01 – 2019-09-30
USD 63.8 million
Exact value

Exact value: 63800000 USD

2018-10-01 – 2019-09-30: 63800000 USD Inspect Net Income Open source
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USD 92.5 million
Exact value

Exact value: 92500000 USD

2018-10-01 – 2019-09-30: 92500000 USD Inspect Operating Cash Flow Open source
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Unavailable Not reported for this period.
Unavailable

Free cash flow cannot be calculated because Capital expenditure is unavailable for this period.

2020 2019-10-01 – 2020-09-30
USD 72 million
Exact value

Exact value: 72000000 USD

2019-10-01 – 2020-09-30: 72000000 USD Inspect Net Income Open source
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USD 140.3 million
Exact value

Exact value: 140300000 USD

2019-10-01 – 2020-09-30: 140300000 USD Inspect Operating Cash Flow Open source
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Unavailable Not reported for this period.
Unavailable

Free cash flow cannot be calculated because Capital expenditure is unavailable for this period.

2021 2020-10-01 – 2021-09-30
USD 70.4 million
Exact value

Exact value: 70400000 USD

2020-10-01 – 2021-09-30: 70400000 USD Inspect Net Income Open source
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USD 156.7 million
Exact value

Exact value: 156700000 USD

2020-10-01 – 2021-09-30: 156700000 USD Inspect Operating Cash Flow Open source
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Unavailable Not reported for this period.
Unavailable

Free cash flow cannot be calculated because Capital expenditure is unavailable for this period.

2022 2021-10-01 – 2022-09-30
USD 76.6 million
Exact value

Exact value: 76600000 USD

2021-10-01 – 2022-09-30: 76600000 USD Inspect Net Income Open source
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USD 52.3 million
Exact value

Exact value: 52300000 USD

2021-10-01 – 2022-09-30: 52300000 USD Inspect Operating Cash Flow Open source
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Unavailable Not reported for this period.
Unavailable

Free cash flow cannot be calculated because Capital expenditure is unavailable for this period.

2023 2022-10-01 – 2023-09-30
USD 85.5 million
Exact value

Exact value: 85500000 USD

2022-10-01 – 2023-09-30: 85500000 USD Inspect Net Income Open source
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USD 109 million
Exact value

Exact value: 109000000 USD

2022-10-01 – 2023-09-30: 109000000 USD Inspect Operating Cash Flow Open source
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Unavailable Not reported for this period.
Unavailable

Free cash flow cannot be calculated because Capital expenditure is unavailable for this period.

2024 2023-10-01 – 2024-09-30
USD 115.9 million
Exact value

Exact value: 115900000 USD

2023-10-01 – 2024-09-30: 115900000 USD Inspect Net Income Open source
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USD 238.8 million
Exact value

Exact value: 238800000 USD

2023-10-01 – 2024-09-30: 238800000 USD Inspect Operating Cash Flow Open source
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Unavailable Not reported for this period.
Unavailable

Free cash flow cannot be calculated because Capital expenditure is unavailable for this period.

2025 2024-10-01 – 2025-09-30
USD 191.7 million
Exact value

Exact value: 191700000 USD

2024-10-01 – 2025-09-30: 191700000 USD Inspect Net Income Open source
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USD 219.3 million
Exact value

Exact value: 219300000 USD

2024-10-01 – 2025-09-30: 219300000 USD Inspect Operating Cash Flow Open source
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Unavailable Not reported for this period.
Unavailable

Free cash flow cannot be calculated because Capital expenditure is unavailable for this period.

Capital expenditure uses the canonical mapped positive-spending convention. A missing, ambiguous, incompatible, or negative-sign input is left blank. Values use the latest reported version.

Dataset coverage and company identifiers

Coverage reflects filings processed into this Fundies dataset; it does not imply every source filing is loaded.

178 filings · 12,756 latest values · 12,756 originally reported values

Dataset published . Source filing dates and reporting periods are shown separately.

Identifiers: 0001350593, 1350593, MWA, edgar:1350593

Also known as MUELLER WATER PRODUCTS, INC., Mueller Water Products, Inc.