MWA
$21.99+1.10%
MUELLER WATER PRODUCTSStock · IndustrialsRussell 2000 · 0.1% of IWMUS Stock Market · 0.006% of VTIRussell 3000 · 0.005% of IWV
MWA financial statements
The full income statement, balance sheet, and cash-flow statement for MUELLER WATER PRODUCTS (MWA), plus valuation ratios — straight from SEC filings. Switch between annual, quarterly, and trailing-twelve-month figures, pick how far back to look, and flip the time order. Every line has a trend sparkline.
Shares outstanding (point-in-time)
2024-06 155.8M2024-09 156.3M2024-12 156.6M2025-03 156.7M2025-06 156.3M2025-09 156.3M2025-12 156.4M2026-03 156.5M2026-06 156.1M+0.2% over 8 periods
SEC-filed end-of-period counts (cover pages and balance sheets, split-adjusted) — the series realized buyback yield is computed from. The weighted-average share lines in the statements below lag these by design: an average over the year sits near the midpoint of an ongoing buyback.
PeriodRangeOrderChangeFiguresAs-reported fiscal years.
| Line item | Trend | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 |
|---|---|---|---|---|---|---|
| Income Statement | as ofSep 30 ’25 | as ofSep 30 ’24 | as ofSep 30 ’23 | as ofSep 30 ’22 | as ofSep 30 ’21 | |
| Revenue | 1.43B+8.7% | 1.31B+3.1% | 1.28B+2.3% | 1.25B+12.3% | 1.11B+15.2% | |
| 517M+12.6% | 459M+20.9% | 380M+4.2% | 364M+1.6% | 359M+9.2% | ||
| Cost of revenue | 913M+6.7% | 856M-4.5% | 896M+1.5% | 883M+17.4% | 753M+18.3% | |
| 256M-7.6% | 277M+10.0% | 252M-0.2% | 253M+11.4% | 227M+7.3% | ||
| Research & development | 19.9M-2.9% | 20.5M-20.8% | 25.9M+5.7% | 24.5M+43.3% | 17.1M+14.0% | |
| Selling, general & administrative | 247M+0.9% | 245M+1.4% | 242M+1.3% | 239M+9.1% | 219M+10.3% | |
| Restructuring | 8.80M-44.3% | 15.8M+54.9% | 10.2M+41.7% | 7.20M+33.3% | 5.40M+12.5% | |
| Provision for credit losses | 200K-92.6% | 2.70M+42.1% | 1.90M-24.0% | 2.50M+127.3% | 1.10M+0.0% | |
| Operating income | 261M+43.4% | 182M+42.6% | 127M+14.2% | 112M-15.3% | 132M+12.8% | |
| Interest expense | 20.0M-7.0% | 21.5M+16.8% | 18.4M+4.5% | 17.6M-26.1% | 23.8M-10.5% | |
| Net interest income | -6.60M+48.0% | -12.7M+13.6% | -14.7M+13.0% | -16.9M+27.8% | -23.4M+8.2% | |
| Pre-tax income | 254M+55.6% | 163M+49.9% | 109M+10.5% | 98.6M+3.9% | 94.9M+0.9% | |
| Income tax | 62.5M+31.6% | 47.5M+102.1% | 23.5M+6.8% | 22.0M-10.2% | 24.5M+10.9% | |
| Net income | 192M+65.4% | 116M+35.6% | 85.5M+11.6% | 76.6M+8.8% | 70.4M-2.2% | |
| $1.22+64.9% | $0.74+34.5% | $0.55+14.6% | $0.48+9.1% | $0.44 | ||
| EPS (basic) | $1.23+66.2% | $0.74+34.5% | $0.55+12.2% | $0.49+11.4% | $0.44 | |
| Weighted-avg shares (basic) | 156M+0.3% | 156M-0.3% | 156M-0.7% | 157M-0.6% | 158M+0.4% | |
| Weighted-avg shares (diluted) | 158M+0.4% | 157M+0.1% | 157M-0.8% | 158M-0.8% | 159M+0.4% | |
| Dividends per share | $0.27+4.7% | $0.26+4.9% | $0.24+5.2% | $0.23+5.5% | $0.22+4.8% | |
| Balance Sheet | as ofSep 30 ’25 | as ofSep 30 ’24 | as ofSep 30 ’23 | as ofSep 30 ’22 | as ofSep 30 ’21 | |
| 1.03B+19.9% | 858M+21.4% | 707M+3.9% | 680M+4.0% | 654M+12.5% | ||
| Cash & equivalents | 432M+39.2% | 310M+93.3% | 160M+9.4% | 147M-35.6% | 228M+8.9% | |
| Accounts receivable | 212M+1.4% | 209M-3.8% | 217M-4.8% | 228M+7.4% | 212M+17.4% | |
| Inventory | 329M+8.9% | 302M+1.3% | 298M+6.9% | 279M+50.9% | 185M+13.7% | |
| Other current assets | 56.8M+49.9% | 37.9M+20.3% | 31.5M+17.5% | 26.8M-8.5% | 29.3M+1.0% | |
| 1.84B+12.4% | 1.64B+8.7% | 1.50B+0.5% | 1.50B-1.3% | 1.52B+8.8% | ||
| Property, plant & equipment | 336M+5.3% | 319M+2.3% | 312M+3.3% | 302M+6.4% | 283M+11.7% | |
| Operating lease right-of-use | 27.3M+1.5% | 26.9M+14.0% | 23.6M-9.2% | 26.0M-4.1% | 27.1M+5.9% | |
| Goodwill | 89.2M+10.5% | 80.7M-13.9% | 93.7M-5.0% | 98.6M-14.3% | 115M+15.3% | |
| Intangible assets | 307M-0.8% | 310M-7.3% | 334M-7.5% | 361M-8.0% | 393M-4.0% | |
| Other non-current assets | 77.8M+13.9% | 68.3M+16.2% | 58.8M+3.7% | 56.7M-22.6% | 73.3M+42.9% | |
| 290M+12.5% | 258M+17.9% | 219M-9.2% | 241M+9.5% | 220M+42.0% | ||
| Accounts payable | 134M+22.3% | 110M+6.8% | 103M-16.2% | 123M+33.5% | 92.0M+36.7% | |
| Accrued liabilities | 155M+5.0% | 147M+27.9% | 115M-1.9% | 117M-7.6% | 127M+46.8% | |
| Deferred revenue | 7.10M+0.0% | 7.10M-22.8% | 9.20M | — | — | |
| Short-term & current debt | 1.20M+50.0% | 800K+14.3% | 700K-12.5% | 800K-20.0% | 1.00M-9.1% | |
| Current lease liability | 6.40M+16.4% | 5.50M+12.2% | 4.90M+11.4% | 4.40M+10.0% | 4.00M+0.0% | |
| Other current liabilities | 73.5M+25.0% | 58.8M+434.5% | 11.0M+32.5% | 8.30M-25.9% | 11.2M+124.0% | |
| Finance lease liability (current) | 1.20M+50.0% | 800K | — | — | — | |
| 857M+3.8% | 826M+4.1% | 794M-4.3% | 829M+0.7% | 823M+9.1% | ||
| Long-term debt | 450M+0.4% | 449M+0.4% | 447M+0.1% | 446M+0.0% | 446M-0.1% | |
| Deferred revenue (non-current) | 5.00M-12.3% | 5.70M | 0.00 | — | — | |
| Non-current lease liability | 22.0M-2.2% | 22.5M+13.6% | 19.8M-11.6% | 22.4M-8.9% | 24.6M+5.6% | |
| Operating lease liability (total) | 28.4M+1.4% | 28.0M+13.4% | 24.7M-7.8% | 26.8M-6.3% | 28.6M+4.8% | |
| Finance lease liability | 2.90M+52.6% | 1.90M+216.7% | 600K-25.0% | 800K-33.3% | 1.20M-14.3% | |
| Other non-current liabilities | 65.5M+2.8% | 63.7M+17.5% | 54.2M-2.2% | 55.4M-10.6% | 62.0M+10.1% | |
| 982M+21.2% | 810M+13.9% | 712M+6.3% | 669M-3.7% | 695M+8.5% | ||
| Preferred stock | 0.00 | 0.00 | 0.00 | 0.00 | — | |
| Common stock | 1.60M+0.0% | 1.60M+0.0% | 1.60M+0.0% | 1.60M+0.0% | 1.60M+0.0% | |
| Additional paid-in capital | 1.16B-3.8% | 1.21B-2.8% | 1.24B-3.1% | 1.28B-4.7% | 1.34B-2.6% | |
| Retained earnings | -174M+52.4% | -366M+24.1% | -482M+15.1% | -567M+11.9% | -644M+9.8% | |
| Accumulated other comprehensive income | -4.60M+85.1% | -30.8M+36.8% | -48.7M-9.2% | -44.6M-792.0% | -5.00M+79.8% | |
| Total equity incl. non-controlling | 982M+21.2% | 810M+13.9% | 712M+6.3% | 669M-3.7% | 695M+8.5% | |
| Total liabilities & equity | 1.84B+12.4% | 1.64B+8.7% | 1.50B+0.5% | 1.50B-1.3% | 1.52B+8.8% | |
| Common shares outstanding | 156M+0.1% | 156M+0.2% | 156M+0.0% | 156M-1.3% | 158M-0.1% | |
| Shares outstanding (cover) | 156M+0.1% | 156M | — | 156M-1.2% | 158M-0.1% | |
| Cash Flow | as ofSep 30 ’25 | as ofSep 30 ’24 | as ofSep 30 ’23 | as ofSep 30 ’22 | as ofSep 30 ’21 | |
| 219M-8.2% | 239M+119.1% | 109M+108.4% | 52.3M-66.6% | 157M+11.7% | ||
| Depreciation & amortization | 46.9M-29.2% | 66.2M+5.9% | 62.5M+3.3% | 60.5M+1.5% | 59.6M+3.1% | |
| Share-based compensation | 10.7M+18.9% | 9.00M+5.9% | 8.50M-2.3% | 8.70M+7.4% | 8.10M+52.8% | |
| Deferred income taxes | -7.00M+67.4% | -21.5M-49.3% | -14.4M-311.4% | -3.50M+34.0% | -5.30M-173.6% | |
| Change in receivables | 2.40M+128.6% | -8.40M+22.9% | -10.9M-161.2% | 17.8M-40.5% | 29.9M+298.7% | |
| Change in inventory | 27.3M+241.3% | 8.00M-59.8% | 19.9M-79.8% | 98.3M+318.3% | 23.5M+194.4% | |
| Change in payables | 17.5M+157.4% | 6.80M+134.5% | -19.7M-161.2% | 32.2M+40.0% | 23.0M+230.7% | |
| -47.1M+0.2% | -47.2M-12.1% | -42.1M+23.3% | -54.9M+32.8% | -81.7M-21.0% | ||
| Capital expenditure | 47.3M-0.2% | 47.4M-0.4% | 47.6M-13.0% | 54.7M-12.8% | 62.7M-7.4% | |
| Free cash flow | 172M-10.1% | 191M+211.7% | 61.4M+2658.3% | -2.40M-102.6% | 94.0M+29.5% | |
| Acquisitions | 0.00 | 0.00 | 0.00-100.0% | 200K-99.0% | 19.7M | |
| -58.3M-26.7% | -46.0M+5.7% | -48.8M+32.2% | -72.0M-22.4% | -58.8M-42.0% | ||
| Long-term debt issued | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Long-term debt repaid | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Common stock issued | 4.70M-39.0% | 7.70M+185.2% | 2.70M+35.0% | 2.00M+5.3% | 1.90M-45.7% | |
| Common stock repurchased | 15.0M+50.0% | 10.0M+0.0% | 10.0M-71.4% | 35.0M+250.0% | 10.0M+100.0% | |
| Dividends paid | 41.9M+5.0% | 39.9M+4.7% | 38.1M+4.4% | 36.5M+4.9% | 34.8M+5.1% | |
| Other financing activities | — | — | — | — | -400K-200.0% | |
| FX effect on cash | 7.70M+92.5% | 4.00M+193.0% | -4.30M+32.8% | -6.40M-366.7% | 2.40M+200.0% | |
| Net change in cash | 122M-18.7% | 150M+984.1% | 13.8M+117.0% | -81.0M-535.5% | 18.6M-42.2% | |
| Interest paid | 5.50M-45.0% | 10.0M-33.8% | 15.1M-21.4% | 19.2M-24.1% | 25.3M+4.1% | |
| Income taxes paid | 69.1M-7.1% | 74.4M+97.3% | 37.7M+40.1% | 26.9M+60.1% | 16.8M+9.8% | |
| Valuation Ratios | as ofSep 30 ’25 | as ofSep 30 ’24 | as ofSep 30 ’23 | as ofSep 30 ’22 | as ofSep 30 ’21 | |
| Market cap | 3.99B+17.7% | 3.39B+70.9% | 1.98B+23.8% | 1.60B-33.3% | 2.40B+46.4% | |
| P/E | 20.8×-28.9% | 29.3×+11.2% | 26.3×+25.7% | 20.9×-38.7% | 34.2×+49.7% | |
| P/S | 2.8×+8.2% | 2.6×+69.7% | 1.5×+18.2% | 1.3×-40.6% | 2.2×+27.0% | |
| P/B | 4.1×-2.9% | 4.2×+50.7% | 2.8×+16.0% | 2.4×-30.8% | 3.5×+35.0% | |
| P/FCF | 23.2×+30.9% | 17.7×-69.7% | 58.5× | — | 25.6×+13.1% | |
| Earnings yield | 4.8%+40.6% | 3.4%-10.0% | 3.8%-20.5% | 4.8%+63.2% | 2.9%-33.2% | |
| FCF yield | 4.3%-23.6% | 5.6%+230.4% | 1.7% | — | 3.9%-11.6% | |
| Dividend yield | 1.1%-11.0% | 1.2%-38.7% | 1.9%-14.8% | 2.3%+56.3% | 1.4%-28.5% | |
| Source filing | 10-K | 10-K | 10-K | 10-K | 10-K |
About this data
Source: MWA’s SEC filings (10-K / 10-Q). Annual columns are as-reported fiscal years; quarterly columns are as-reported fiscal quarters (Q4 derived as full-year minus the first three quarters where a company doesn’t file a standalone Q4); TTM (quarterly) rolls the trailing four quarters at every quarter end, TTM (yearly) samples that one year apart; balance-sheet rows show the period-end balance. Valuation ratios are sampled as of each period end. View all MWA filings on SEC EDGAR → Not investment advice.