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Segments

By segment

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Water Flow Solutions$21.9M0.0%
Water Management Solutions$21.9M+11.7%

Other financials

Income statement

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Revenue$384.4M+5.5%
Gross profit$144.5M+12.9%
Operating income$80.4M+15.0%
Net income$59.1M+15.2%
EPS (diluted)$0.38+15.2%

Balance sheet

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Cash & equivalents$421.0M+27.9%
Total debt$452.4M-0.9%
Total equity$981.7M+21.2%
Total assets$1.9B+12.8%

Cash flow

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Operating cash flow$61.2M+13.1%
CapEx$14.7M+59.8%
Free cash flow$44.0M+4.3%

Valuation

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Market cap$4.24B+4.6%
Enterprise value$4.27B+3.2%
P/E20.4×-6.7×
P/S2.9×0.0×

Profitability

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Gross margin37.6%+3.1pp
Operating margin19.2%+3.7pp
Net margin14.2%+3.7pp
FCF margin12%-1.7pp

Returns & leverage

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Return on equity21.4%+6.2pp
Debt / equity0.5×-0.1×
Current ratio4.6×+0.8×

Where this comes from

Reported directly by Mueller Water Products in its filing.

Tagged under the XBRL concept us-gaap:SellingGeneralAndAdministrativeExpense.

The source filing: Mueller Water Products’s 10-Q, filed May 6, 2026.

Filed
May 6, 2026, 2:47 PM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q1 2026
Accession
0001350593-26-000024
Line itemThree months ended / March 31, 2026Three months ended / March 31, 2025Six months ended / March 31, 2026Six months ended / March 31, 2025
Cost of sales239.9236.3438.3437.6
Gross profit144.5128.0264.3231.0
Operating expenses:
Selling, general and administrative59.755.7119.5109.6
Strategic reorganization and other charges4.42.47.74.1
Total operating expenses64.158.1127.2113.7
Operating income80.469.9137.1117.3
Other expenses:

Item 1. FINANCIAL STATEMENTS

FAQ

What is Mueller Water Products's SG&A?
Mueller Water Products (MWA) reported SG&A of $59.7M in Q1 2026.
How has Mueller Water Products's SG&A changed year-over-year?
Mueller Water Products's SG&A increased by 7.2% year-over-year, from $55.7M to $59.7M.
What is the long-term trend for Mueller Water Products's SG&A?
Over 4 years (2021 to 2025), Mueller Water Products's SG&A has grown at a 3.1% compound annual growth rate (CAGR), from $218.8M to $247.3M.
What does SG&A mean?
Combined selling expenses (sales force, marketing, distribution) and general & administrative costs (management, legal, accounting, facilities) — the broadest opex category.

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