Mueller Water Products, Inc. (MWA)

Mueller Water Products Income Statement

Financials in millions USD. Fiscal year is October - September.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Jun 30, 2025	Sep 30, 2024	Sep 30, 2023	Sep 30, 2022	Sep 30, 2021	Sep 30, 2020
Revenue	1,397	1,315	1,276	1,247	1,111	964.1
Revenue Growth (YoY)	10.19%	3.06%	2.27%	12.28%	15.24%	-0.40%
Cost of Revenue	909.5	855.7	896.2	883.1	750.1	635.9
Gross Profit	487.6	459	379.5	364.3	360.9	328.2
Selling, General & Admin	224.1	228.7	219.7	210.3	215.5	180.4
Research & Development	20.5	20.5	25.9	24.5	-	15
Operating Expenses	244.6	249.2	245.6	234.8	215.5	195.4
Operating Income	243	209.8	133.9	129.5	145.4	132.8
Interest Expense	-21.1	-21.5	-18.4	-17.6	-23.8	-26.6
Interest & Investment Income	12.5	8.8	3.7	0.7	0.4	1.1
Other Non Operating Income (Expenses)	-1.6	-1.6	-	-	-	-
EBT Excluding Unusual Items	232.8	195.5	119.2	112.6	122	107.3
Merger & Restructuring Charges	-	-	-	-	-5.6	-
Impairment of Goodwill	-16.3	-16.3	-	-6.8	-	-
Asset Writedown	-1.4	-1.8	-	-	-	-
Other Unusual Items	-6.8	-14	-10.2	-7.2	-21.5	-13.2
Pretax Income	208.3	163.4	109	98.6	94.9	94.1
Income Tax Expense	59.2	47.5	23.5	22	24.5	22.1
Earnings From Continuing Operations	149.1	115.9	85.5	76.6	70.4	72
Net Income	149.1	115.9	85.5	76.6	70.4	72
Net Income to Common	149.1	115.9	85.5	76.6	70.4	72
Net Income Growth	21.12%	35.56%	11.62%	8.81%	-2.22%	12.85%
Shares Outstanding (Basic)	156	156	156	157	158	158
Shares Outstanding (Diluted)	158	157	157	158	159	159
Shares Change (YoY)	0.59%	0.06%	-0.76%	-0.75%	0.38%	-0.25%
EPS (Basic)	0.95	0.74	0.55	0.49	0.44	0.46
EPS (Diluted)	0.94	0.74	0.55	0.48	0.44	0.45
EPS Growth	19.26%	35.28%	13.96%	9.09%	-2.22%	12.50%
Free Cash Flow	172.9	191.4	61.4	-2.4	94	72.6
Free Cash Flow Per Share	1.10	1.22	0.39	-0.01	0.59	0.46
Dividend Per Share	0.265	0.256	0.244	0.232	0.220	0.210
Dividend Growth	4.74%	4.92%	5.17%	5.46%	4.76%	3.70%
Gross Margin	34.90%	34.91%	29.75%	29.20%	32.48%	34.04%
Operating Margin	17.39%	15.96%	10.50%	10.38%	13.09%	13.78%
Profit Margin	10.67%	8.82%	6.70%	6.14%	6.34%	7.47%
Free Cash Flow Margin	12.38%	14.56%	4.81%	-0.19%	8.46%	7.53%
EBITDA	291.5	273.4	193.5	187.1	201.7	187.3
EBITDA Margin	20.87%	20.80%	15.17%	15.00%	18.15%	19.43%
D&A For EBITDA	48.5	63.6	59.6	57.6	56.3	54.5
EBIT	243	209.8	133.9	129.5	145.4	132.8
EBIT Margin	17.39%	15.96%	10.50%	10.38%	13.09%	13.78%
Effective Tax Rate	28.42%	29.07%	21.56%	22.31%	25.82%	23.49%
Advertising Expenses	-	5.8	4.7	5.5	3.2	3.3

Updated Aug 4, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q