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Mueller Water Products (MWA)

Market Price (6/7/2026): $25.0 | Market Cap: $3.9 BilSector: Industrials | Industry: Industrial Machinery & Supplies & Components

Mueller Water Products (MWA)

Market Price (6/7/2026): $25.0
Market Cap: $3.9 Bil
Sector: Industrials
Industry: Industrial Machinery & Supplies & Components

Investment Highlights Why It Matters Detailed financial logic regarding cash flow yields vs trend-riding momentum.

0

Attractive yield
Total YieldTotal Yield = Earnings Yield + Dividend Yield, Earnings Yield = Net Income / Market Cap Dividend Yield = Total Dividends / Market Cap is 5.8%

Attractive cash flow generation
CFO/Rev LTMCash Flow from Operations / Revenue (Sales), Last Twelve Months (LTM) is 14%

Low stock price volatility
Vol 12M is 26%

Megatrend and thematic drivers
Megatrends include Water Infrastructure, Smart Grids & Grid Modernization, and Sustainable Resource Management. Themes include Water Treatment & Delivery, Show more.

Weak multi-year price returns
2Y Excs Rtn is -0.4%

Key risks
MWA key risks include [1] slow organic revenue growth suggesting waning demand in its core business, Show more.

0 Attractive yield
Total YieldTotal Yield = Earnings Yield + Dividend Yield, Earnings Yield = Net Income / Market Cap Dividend Yield = Total Dividends / Market Cap is 5.8%
1 Attractive cash flow generation
CFO/Rev LTMCash Flow from Operations / Revenue (Sales), Last Twelve Months (LTM) is 14%
2 Low stock price volatility
Vol 12M is 26%
3 Megatrend and thematic drivers
Megatrends include Water Infrastructure, Smart Grids & Grid Modernization, and Sustainable Resource Management. Themes include Water Treatment & Delivery, Show more.
4 Weak multi-year price returns
2Y Excs Rtn is -0.4%
5 Key risks
MWA key risks include [1] slow organic revenue growth suggesting waning demand in its core business, Show more.

Valuation, Metrics & Events

Price Chart

Why The Stock Moved

Qualitative Assessment

AI Analysis | Feedback

Updated on 6/1/2026

Mueller Water Products (MWA) stock has lost about 15% since 2/28/2026 because of the following key factors:

1. Anticipated slowdowns in residential construction led to concerns over future earnings. Analysts noted a potential decline to calendar year 2025 earnings per share (CY25E EPS) to $1.00 due to expected slowdowns in residential construction, a key market for Mueller Water Products.

2. Operational challenges, including the concurrent operation of both foundries and execution issues from modernization projects, negatively impacted gross margins. This company-specific factor suggests internal inefficiencies contributing to a weaker financial outlook.

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Stock Movement Drivers

Fundamental Drivers

The -15.1% change in MWA stock from 2/28/2026 to 6/6/2026 was primarily driven by a -18.3% change in the company's P/E Multiple.
(LTM values as of)22820266062026Change
Stock Price ($)29.8525.33-15.1%
Change Contribution By: 
Total Revenues ($ Mil)1,4441,4641.4%
Net Income Margin (%)13.8%14.2%2.5%
P/E Multiple23.419.1-18.3%
Shares Outstanding (Mil)156156-0.1%
Cumulative Contribution-15.1%

LTM = Last Twelve Months as of date shown

Market Drivers

2/28/2026 to 6/6/2026
ReturnCorrelation
MWA-15.1% 
Market (SPY)7.8%45.6%
Sector (XLI)-1.4%59.9%

Fundamental Drivers

The 5.0% change in MWA stock from 11/30/2025 to 6/6/2026 was primarily driven by a 5.7% change in the company's Net Income Margin (%).
(LTM values as of)113020256062026Change
Stock Price ($)24.1225.335.0%
Change Contribution By: 
Total Revenues ($ Mil)1,4301,4642.4%
Net Income Margin (%)13.4%14.2%5.7%
P/E Multiple19.619.1-2.7%
Shares Outstanding (Mil)156156-0.2%
Cumulative Contribution5.0%

LTM = Last Twelve Months as of date shown

Market Drivers

11/30/2025 to 6/6/2026
ReturnCorrelation
MWA5.0% 
Market (SPY)8.5%41.8%
Sector (XLI)14.0%60.6%

Fundamental Drivers

The 4.4% change in MWA stock from 5/31/2025 to 6/6/2026 was primarily driven by a 35.2% change in the company's Net Income Margin (%).
(LTM values as of)53120256062026Change
Stock Price ($)24.2725.334.4%
Change Contribution By: 
Total Revenues ($ Mil)1,3741,4646.6%
Net Income Margin (%)10.5%14.2%35.2%
P/E Multiple26.419.1-27.7%
Shares Outstanding (Mil)1571560.1%
Cumulative Contribution4.4%

LTM = Last Twelve Months as of date shown

Market Drivers

5/31/2025 to 6/6/2026
ReturnCorrelation
MWA4.4% 
Market (SPY)26.6%39.3%
Sector (XLI)23.6%55.8%

Fundamental Drivers

The 92.3% change in MWA stock from 5/31/2023 to 6/6/2026 was primarily driven by a 140.2% change in the company's Net Income Margin (%).
(LTM values as of)53120236062026Change
Stock Price ($)13.1725.3392.3%
Change Contribution By: 
Total Revenues ($ Mil)1,3121,46411.5%
Net Income Margin (%)5.9%14.2%140.2%
P/E Multiple26.619.1-28.2%
Shares Outstanding (Mil)156156-0.1%
Cumulative Contribution92.3%

LTM = Last Twelve Months as of date shown

Market Drivers

5/31/2023 to 6/6/2026
ReturnCorrelation
MWA92.3% 
Market (SPY)83.4%47.3%
Sector (XLI)88.1%58.5%

Return vs. Risk

Price Returns Compared

 202120222023202420252026Total [1]
Returns
MWA Return18%-24%36%58%7%6%120%
Peers Return25%-17%31%14%13%-5%66%
S&P 500 Return27%-19%24%23%16%11%102%

Monthly Win Rates [3]
MWA Win Rate67%33%58%58%50%50% 
Peers Win Rate73%37%62%58%65%53% 
S&P 500 Win Rate75%42%67%75%67%67% 

Max Drawdowns [4]
MWA Max Drawdown-22%-29%-26%-13%-19%-19% 
Peers Max Drawdown-22%-36%-19%-16%-25%-23% 
S&P 500 Max Drawdown-5%-25%-10%-8%-19%-9% 

[1] Cumulative total returns since the beginning of 2021
[2] Peers: XYL, WTS, BMI, ZWS, FELE.
[3] Win Rate = % of calendar months in which monthly returns were positive
[4] Max drawdown represents maximum peak-to-trough decline within a year
[5] 2026 data is for the year up to 6/5/2026 (YTD)

How Low Can It Go

EventMWAS&P 500
2025 US Tariff Shock
  % Loss-14.7%-18.8%
  % Gain to Breakeven17.3%23.1%
  Time to Breakeven24 days79 days
Summer-Fall 2023 Five Percent Yield Shock
  % Loss-23.0%-9.5%
  % Gain to Breakeven29.9%10.5%
  Time to Breakeven112 days24 days
2022 Inflation Shock & Fed Tightening
  % Loss-28.7%-24.5%
  % Gain to Breakeven40.2%32.4%
  Time to Breakeven130 days427 days
2020 COVID-19 Crash
  % Loss-42.9%-33.7%
  % Gain to Breakeven75.0%50.9%
  Time to Breakeven246 days140 days
Q4 2018 Fed Policy Error / Growth Scare
  % Loss-25.3%-19.2%
  % Gain to Breakeven33.8%23.8%
  Time to Breakeven297 days105 days
2016-2017 Trump Reflation Bond Selloff
  % Loss-15.6%-3.7%
  % Gain to Breakeven18.4%3.9%
  Time to Breakeven7 days6 days

Compare to XYL, WTS, BMI, ZWS, FELE

In The Past

Mueller Water Products's stock fell -14.7% during the 2025 US Tariff Shock. Such a loss loss requires a 17.3% gain to breakeven.

Preserve Wealth

Limiting losses and compounding gains is essential to preserving wealth.

Asset Allocation

Actively managed asset allocation strategies protect wealth. Learn more.

EventMWAS&P 500
Summer-Fall 2023 Five Percent Yield Shock
  % Loss-23.0%-9.5%
  % Gain to Breakeven29.9%10.5%
  Time to Breakeven112 days24 days
2022 Inflation Shock & Fed Tightening
  % Loss-28.7%-24.5%
  % Gain to Breakeven40.2%32.4%
  Time to Breakeven130 days427 days
2020 COVID-19 Crash
  % Loss-42.9%-33.7%
  % Gain to Breakeven75.0%50.9%
  Time to Breakeven246 days140 days
Q4 2018 Fed Policy Error / Growth Scare
  % Loss-25.3%-19.2%
  % Gain to Breakeven33.8%23.8%
  Time to Breakeven297 days105 days
2011 US Debt Ceiling Crisis & European Contagion
  % Loss-42.8%-17.9%
  % Gain to Breakeven75.0%21.8%
  Time to Breakeven224 days123 days
2010 Eurozone Sovereign Debt Crisis / Flash Crash
  % Loss-39.1%-15.4%
  % Gain to Breakeven64.3%18.2%
  Time to Breakeven905 days125 days
2008-2009 Global Financial Crisis
  % Loss-84.3%-53.4%
  % Gain to Breakeven537.9%114.4%
  Time to Breakeven1718 days1085 days
Summer 2007 Credit Crunch
  % Loss-28.2%-8.6%
  % Gain to Breakeven39.3%9.5%
  Time to Breakeven4926 days47 days

Compare to XYL, WTS, BMI, ZWS, FELE

In The Past

Mueller Water Products's stock fell -14.7% during the 2025 US Tariff Shock. Such a loss loss requires a 17.3% gain to breakeven.

Preserve Wealth

Limiting losses and compounding gains is essential to preserving wealth.

Asset Allocation

Actively managed asset allocation strategies protect wealth. Learn more.

About Mueller Water Products (MWA)

Mueller Water Products Inc. manufactures and markets products and services used in the transmission, distribution, and measurement of water in North America and internationally. Its products and services are used by municipalities, and the residential and non-residential construction industries. It operates through two segments, Infrastructure and Technologies. The company's Infrastructure segment manufactures and sells valves for water and gas systems, including iron gate, butterfly, tapping, check, knife, plug, automatic control, and ball valves; and dry-barrel and wet-barrel fire hydrants and service brass products, as well as a line of pipe repair products, such as clamps and couplings used to repair leaks. This segment offers its products under Canada Valve, Centurion, Ez-Max, Hydro Gate, Hydro-Guard, HYMAX, HYMAX VERSA, Jones, Krausz, Milliken, Mueller, Pratt, Pratt Industrial, Repamax, Repaflex, and Singer brands. Its Technologies segment offers residential and commercial water metering, water leak detection and pipe condition assessment products, systems, and services. It offers products under Echologics, Echoshore, ePulse, Hersey, LeakFinderRT, LeakFinderST, LeakListener, LeakTuner, Mi.Echo, Mi.Data, Mi.Hydrant, Mi.Net, Mueller Systems, and Sentryx brands. The company was founded in 1857 and is headquartered in Atlanta, Georgia.

AI Analysis | Feedback

Here are a few brief analogies to describe Mueller Water Products:

  • Think of them as the Johnson Controls of municipal water infrastructure, providing both the essential physical components like valves and hydrants, and the smart technologies for monitoring and managing water systems.
  • They are like a specialized Siemens or Honeywell, but exclusively focused on the hardware and smart systems critical for a city's water network, from the pipes and valves to leak detection and metering.

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  • Valves: Manufactures various types of valves, including gate, butterfly, and check valves, for water and gas systems.
  • Fire Hydrants: Produces dry-barrel and wet-barrel fire hydrants for fire protection.
  • Pipe Repair Products: Offers clamps and couplings used for repairing leaks in pipes.
  • Water Metering Systems: Provides residential and commercial systems for measuring water usage.
  • Water Leak Detection: Delivers products, systems, and services designed to identify leaks in water infrastructure.
  • Pipe Condition Assessment: Offers products, systems, and services to evaluate the health and integrity of pipes.

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Major Customers of Mueller Water Products (MWA)

Based on the provided company description, Mueller Water Products (MWA) serves primarily organizational entities rather than individual consumers. Its major customers fall into the following categories:

  • Municipalities: These are local government bodies that utilize MWA's products and services for their public water transmission, distribution, and measurement systems.
  • Residential Construction Industry: This category includes various companies involved in the construction of new homes and residential developments, which incorporate MWA's products.
  • Non-Residential Construction Industry: This category encompasses companies engaged in building commercial, industrial, and institutional structures that require water infrastructure products and services provided by MWA.

The provided background information describes the broad industries and types of entities that are MWA's major customers. However, it does not list specific names of individual customer companies within the residential or non-residential construction industries, nor does it identify any public companies as major customers by name. Therefore, it is not possible to provide specific company names or their stock symbols from the given text.

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Here is the management team for Mueller Water Products (MWA):

Paul McAndrew, President and Chief Executive Officer

Paul McAndrew assumed the role of President and Chief Executive Officer of Mueller Water Products in February 2026. He previously served as Chief Operating Officer starting in August 2023, and was also named President in May 2024. Before joining Mueller in 2022, Mr. McAndrew was the Vice President and General Manager of Professional Tools at Emerson, where he held full profit and loss responsibilities across various functions. He played a pivotal role in Emerson's successful acquisition of Textron's Tools and Test business, Greenlee, in 2018.

Melissa Rasmussen, Senior Vice President and Chief Financial Officer

Melissa Rasmussen became Senior Vice President and Chief Financial Officer of Mueller Water Products in March 2025. Prior to this, she served as the Chief Financial Officer of National Vision, Inc. from January 2023 to March 2025, and as their Chief Accounting Officer from August 2019 to January 2023. Ms. Rasmussen's career also includes over two decades at Lexmark International, Inc., where she held various financial management roles, culminating in her position as Global Corporate Controller. Her experience encompasses mergers and acquisitions, capital market transactions, and financial planning and analysis.

Darin Harvey, Senior Vice President of Operations and Supply Chain

Darin Harvey was appointed Senior Vice President of Operations and Supply Chain for Mueller Water Products in September 2025. He brings over 25 years of experience to this role, having most recently served as the Executive Vice President, Supply Chain at Advanced Drainage Systems, Inc., where he oversaw operations across multiple sites and led operational improvements. Mr. Harvey's background also includes leadership positions at Forum Energy Technologies, Honeywell, Foster Wheeler, and Danaher Corporation, with a strong focus on lean manufacturing and supply chain management.

Richelle R. Feyerherm, Chief Accounting Officer

Richelle R. Feyerherm was appointed Chief Accounting Officer of Mueller Water Products in August 2025, where she also serves as the principal accounting officer. She joined the company in November 2019 as Vice President, Operations Controller. Before her tenure at Mueller Water Products, Ms. Feyerherm was a financial officer for the Water Products division at Lonza Group, Ltd. from October 2011 to February 2019. She is a Certified Public Accountant.

Chason A. Carroll, General Counsel, Chief Compliance Officer and Corporate Secretary

Chason A. Carroll was appointed General Counsel of Mueller Water Products in August 2023, and also serves as the Chief Compliance Officer and Corporate Secretary, with effective dates in February and July 2025 respectively. Prior to this role, the previous General Counsel and Chief Legal and Compliance Officer was Steven S. Heinrichs, who transitioned from his position by December 2024.

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Key Risks to Mueller Water Products (MWA)

  1. Reliance on Municipal Infrastructure Spending and Construction Activity: Mueller Water Products' business is highly dependent on capital spending by municipalities for water and gas infrastructure projects, as well as activity in the residential and non-residential construction industries. Economic downturns, reduced municipal budgets, or slowdowns in construction can directly decrease demand for the company's valves, fire hydrants, pipe repair products, and water metering systems, significantly impacting revenues and profitability.

  2. Volatility in Raw Material Costs: The company manufactures products using materials such as iron and brass. Significant fluctuations in the market prices of these key raw materials can increase Mueller Water Products' cost of goods sold. If these increased costs cannot be fully passed on to customers through price adjustments, particularly to municipalities operating on fixed budgets, the company's profit margins could be negatively affected.

  3. Technological Obsolescence and Competition in Water Technologies: While Mueller Water Products invests in its Technologies segment, offering residential and commercial water metering, water leak detection, and pipe condition assessment products and services, this sector is subject to rapid technological advancements and intense competition. The emergence of more advanced, cost-effective, or integrated solutions from competitors could render some of Mueller's technology offerings less competitive or potentially obsolete, requiring continuous investment in research and development to maintain market position.

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Mueller Water Products (MWA) operates in several addressable markets related to water infrastructure and management. Here are the market sizes for their main products and services:

  • Valves for Water Systems:
    • The North America water treatment industry valves market was valued at US$ 2.41 billion in 2022 and is projected to reach US$ 3.43 billion by 2030, growing at a CAGR of 4.5% from 2022 to 2030.
    • The United States valves market in the water and wastewater industry was estimated at USD 1.82 billion in 2025 and is forecast to reach USD 2.31 billion by 2031, with a CAGR of 4.06% from 2026 to 2031.
  • Valves for Gas Systems:
    • The North America gas valve market was valued at USD 5.79 billion in 2024 and is projected to reach USD 7.5 billion by 2032, with a CAGR of 3.3% during the forecast period. North America held a 34.5% market share in 2024.
    • Another report indicates the global gas valve market size was USD 7.6 billion in 2025 and is expected to grow to USD 13.6 billion by 2035, at a CAGR of 6.1% from 2026 to 2035. The U.S. dominated about 73% share of the North America gas valve market in 2025.
  • Fire Hydrants:
    • The global fire hydrant market was estimated at USD 7.07 billion in 2024 and is projected to grow to USD 10.41 billion by 2035, exhibiting a compound annual growth rate (CAGR) of 3.58% during the forecast period 2025-2035. North America is a leading region in this market.
  • Pipe Repair Products (Clamps and Couplings):
    • The global drinking water pipe repair market was estimated at USD 8.204 billion in 2024 and is projected to grow to USD 11.57 billion by 2035, at a CAGR of 3.17% from 2025 to 2035. North America dominates this market, accounting for approximately 45% of the global share.
    • The North America trenchless pipe rehabilitation market was valued at USD 1.84 billion in 2024 and is projected to reach USD 3.05 billion by 2032, with a CAGR of 6.45% during the forecast period. Another source estimates the North American trenchless pipe rehabilitation market size at USD 4.3 billion in 2024, expected to reach USD 5.5 billion in 2030, with a CAGR of 4.5% during 2025-2030.
    • The global water infrastructure repair technologies market was $85.96 billion in 2025 and is expected to grow to $125.34 billion in 2030, with a compound annual growth rate (CAGR) of 7.8%. North America was the largest region in this market in 2025.
  • Residential and Commercial Water Metering:
    • The North America AMI water meter market size was valued at USD 468.9 million in 2024 and is estimated to grow at a CAGR of 28.7% from 2025 to 2034, reaching USD 5.6 billion by 2034.
    • The North America Smart Water Meter Market was valued at USD 1.65 billion in 2024 and is expected to reach USD 2.98 billion by 2030, rising at a CAGR of 10.35%.
  • Water Leak Detection and Pipe Condition Assessment Products, Systems, and Services:
    • The North America leak detection market size was valued at USD 6.75 billion in 2025 and is expected to reach USD 12.59 billion by 2033, at a CAGR of 8.1% during the forecast period.
    • The global water pipeline leak detection systems market size was valued at USD 2.55 billion in 2024 and is projected to reach USD 4.46 billion by 2033, growing at a CAGR of 6.4% during the forecast period. North America dominates this global market.
    • The global pipe condition assessment market size was valued at $3.2 billion in 2024 and is forecasted to hit $7.6 billion by 2033, growing at a CAGR of 10.1%. North America currently leads this market, accounting for approximately 35% of the total market share in 2024.
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AI Analysis | Feedback

Mueller Water Products (MWA) is expected to drive future revenue growth over the next 2-3 years through several key factors:

  1. Strategic Pricing Initiatives: The company has successfully implemented higher pricing across most product lines, which has been a significant contributor to net sales growth in recent quarters.

  2. Increased Volumes of Core Water Infrastructure Products: Mueller Water Products anticipates continued volume growth in its foundational offerings. This includes iron gate and specialty valves within its Water Flow Solutions segment and hydrants and pipe repair products from its Water Management Solutions segment.

  3. Resilient Municipal and Repair & Replacement Market Demand: The ongoing need to address aging water infrastructure in North America and internationally provides a strong and stable demand for Mueller's products and services. This resilient end-market demand, supported by potential infrastructure stimulus, is a key growth driver.

  4. Advancements and Adoption of Smart Water Technology Solutions: The company's Technologies segment, which includes residential and commercial water metering, water leak detection, and pipe condition assessment products and services, is poised for growth. These intelligent water solutions help municipalities increase operational efficiencies and conserve resources, driving their adoption.

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Share Repurchases

  • Mueller Water Products' Board of Directors has authorized the company to repurchase up to $50 million of its outstanding common stock.
  • In fiscal year 2025, the company returned $56.9 million to shareholders through dividends and common stock repurchases.
  • As of December 31, 2025 (Q1 fiscal year 2026), there was $59.5 million remaining authorization for share repurchases.

Share Issuance

  • In the fiscal second quarter of 2025 and the prior year quarter, common stock issued, likely representing proceeds from issuance, amounted to $3.9 million and $1.5 million respectively.

Outbound Investments

  • Acquisitions are highlighted as an important priority for the company to enhance its growth.
  • The company maintains a capital allocation strategy with a high priority on acquisitions.

Capital Expenditures

  • Mueller Water Products invested $47.3 million in capital expenditures during fiscal year 2025.
  • For fiscal year 2026, the company expects capital expenditures to be between $60 million and $65 million.
  • Strategic investments are focused on expanding capacity and driving efficiencies, including the completion of a new brass foundry, consolidation of specialty valve manufacturing, and plans to modernize two iron foundries.

Better Bets vs. Mueller Water Products (MWA)

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Peer Comparisons

Peers to compare with:

Financials

MWAXYLWTSBMIZWSFELEMedian
NameMueller .Xylem Watts Wa.Badger M.Zurn Elk.Franklin. 
Mkt Price25.33109.94314.21126.5347.3798.56104.25
Mkt Cap4.026.710.53.77.94.46.2
Rev LTM1,4649,0912,5588971,7402,1761,958
Op Inc LTM2931,349500169306277300
FCF LTM141966317169321169243
FCF 3Y Avg161835314142288220254
CFO LTM1991,316365185350217284
CFO 3Y Avg2131,156353155312262287

Growth & Margins

MWAXYLWTSBMIZWSFELEMedian
NameMueller .Xylem Watts Wa.Badger M.Zurn Elk.Franklin. 
Rev Chg LTM6.6%5.7%14.2%5.2%10.0%8.0%7.3%
Rev Chg 3Y Avg4.0%17.8%8.8%15.1%7.2%1.7%8.0%
Rev Chg Q5.5%2.7%21.4%-9.0%11.4%9.9%7.7%
QoQ Delta Rev Chg LTM1.4%0.6%4.9%-2.2%2.6%2.1%1.8%
Op Inc Chg LTM22.5%22.2%23.6%-0.9%16.2%13.9%19.2%
Op Inc Chg 3Y Avg33.6%25.9%14.2%23.2%39.4%1.1%24.5%
Op Mgn LTM20.0%14.8%19.5%18.9%17.6%12.7%18.2%
Op Mgn 3Y Avg17.0%12.6%18.3%18.8%16.5%12.5%16.8%
QoQ Delta Op Mgn LTM0.6%0.2%0.2%-1.1%0.6%0.1%0.2%
CFO/Rev LTM13.6%14.5%14.3%20.6%20.1%10.0%14.4%
CFO/Rev 3Y Avg15.7%13.5%15.3%18.5%19.2%12.7%15.5%
FCF/Rev LTM9.6%10.6%12.4%18.9%18.4%7.8%11.5%
FCF/Rev 3Y Avg11.9%9.7%13.6%16.9%17.8%10.6%12.8%

Valuation

MWAXYLWTSBMIZWSFELEMedian
NameMueller .Xylem Watts Wa.Badger M.Zurn Elk.Franklin. 
Mkt Cap4.026.710.53.77.94.46.2
P/S2.72.94.14.14.62.03.5
P/Op Inc13.519.821.121.925.915.720.4
P/EBIT13.521.621.021.926.120.821.3
P/E19.127.228.728.337.229.028.5
P/CFO19.920.328.920.022.720.020.2
Total Yield5.8%5.2%4.1%4.4%3.5%4.0%4.3%
Dividend Yield0.5%1.5%0.7%0.9%0.8%0.6%0.8%
FCF Yield 3Y Avg4.7%2.8%4.1%2.9%4.6%4.9%4.3%
D/E0.10.10.00.00.10.10.1
Net D/E0.00.0-0.0-0.10.00.00.0

Returns

MWAXYLWTSBMIZWSFELEMedian
NameMueller .Xylem Watts Wa.Badger M.Zurn Elk.Franklin. 
1M Rtn-5.6%-4.6%7.0%3.6%-7.0%-1.4%-3.0%
3M Rtn-9.1%-10.4%2.8%-14.7%0.2%3.2%-4.4%
6M Rtn3.6%-20.3%15.7%-29.3%1.5%5.3%2.6%
12M Rtn3.9%-12.1%29.4%-48.2%30.9%15.2%9.5%
3Y Rtn70.3%6.5%81.4%-14.1%92.0%2.2%38.4%
1M Excs Rtn-6.7%-7.2%7.6%2.3%-7.4%-2.4%-4.5%
3M Excs Rtn-18.6%-19.9%-6.7%-24.3%-9.4%-6.3%-14.0%
6M Excs Rtn-4.4%-29.2%6.9%-36.4%-7.5%-3.9%-6.0%
12M Excs Rtn-18.4%-35.8%8.5%-72.3%8.5%-8.0%-13.2%
3Y Excs Rtn15.6%-62.8%26.4%-82.7%39.9%-64.8%-23.6%

Financials

Segment Financials

Revenue by Segment
$ Mil20252024202320222021
Water Flow Solutions756634714618 
Water Management Solutions559641533493 
Corporate 00  
Infrastructure    884
Technologies    80
Total1,3151,2761,2471,111964


Operating Income by Segment
$ Mil20252024202320222021
Water Flow Solutions17980118121 
Water Management Solutions741064970 
Corporate strategic reorganization and other charges-14    
Corporate general and administrative expenses-58    
Corporate -58-55-60-57
Infrastructure    187
Technologies    -13
Total182127112132117


Price Behavior

Price Behavior
Market Price$25.33 
Market Cap ($ Bil)4.0 
First Trading Date05/26/2006 
Distance from 52W High-16.4% 
   50 Days200 Days
DMA Price$27.01$26.23
DMA Trendindeterminatedown
Distance from DMA-6.2%-3.4%
 3M1YR
Volatility27.1%26.3%
Downside Capture112.4688.11
Upside Capture37.8769.43
Correlation (SPY)49.9%41.1%
MWA Betas & Captures as of 5/31/2026

 1M2M3M6M1Y3Y
Beta0.951.291.040.920.920.98
Up Beta1.071.581.351.241.531.06
Down Beta1.33-0.130.840.480.540.71
Up Capture-31%30%37%84%62%123%
Bmk +ve Days13283667141432
Stock +ve Days7203062124370
Down Capture253%304%155%101%97%102%
Bmk -ve Days7132757109318
Stock -ve Days13213360123374

[1] Upside and downside betas calculated using positive and negative benchmark daily returns respectively
Based On 1-Year Data
Annualized
Return		Annualized
Volatility		Sharpe
Ratio		Correlation
with MWA
MWA5.3%26.2%0.17-
Sector ETF (XLI)22.8%15.5%1.1355.7%
Equity (SPY)25.3%12.1%1.5739.2%
Gold (GLD)27.6%26.9%0.882.3%
Commodities (DBC)36.9%19.0%1.52-28.1%
Real Estate (VNQ)12.5%13.3%0.6331.5%
Bitcoin (BTCUSD)-42.0%42.5%-1.1617.9%

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Based On 5-Year Data
Annualized
Return		Annualized
Volatility		Sharpe
Ratio		Correlation
with MWA
MWA13.5%30.6%0.45-
Sector ETF (XLI)12.3%17.4%0.5562.0%
Equity (SPY)13.5%17.1%0.6254.1%
Gold (GLD)17.3%18.1%0.782.1%
Commodities (DBC)9.5%19.4%0.387.9%
Real Estate (VNQ)3.2%18.8%0.0748.0%
Bitcoin (BTCUSD)11.3%54.6%0.4020.0%

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Based On 10-Year Data
Annualized
Return		Annualized
Volatility		Sharpe
Ratio		Correlation
with MWA
MWA10.5%32.2%0.39-
Sector ETF (XLI)14.1%20.0%0.6267.8%
Equity (SPY)15.3%17.9%0.7360.0%
Gold (GLD)13.0%16.0%0.670.1%
Commodities (DBC)7.1%18.0%0.3219.8%
Real Estate (VNQ)5.6%20.7%0.2453.7%
Bitcoin (BTCUSD)63.3%66.9%1.0314.6%

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Short Interest

Short Interest: As Of Date5152026
Short Interest: Shares Quantity3.3 Mil
Short Interest: % Change Since 4302026-7.0%
Average Daily Volume1.2 Mil
Days-to-Cover Short Interest2.8 days
Basic Shares Quantity156.4 Mil
Short % of Basic Shares2.1%

Returns Analyses

Earnings Returns History

Updated 6/7/2026
Expand for More
 Forward Returns
Earnings Date1D Returns5D Returns21D Returns
5/5/2026-1.5%-7.7%-8.7%
2/4/20261.5%7.2%1.7%
11/6/2025-4.4%-7.4%-3.4%
8/4/20255.3%7.3%9.2%
5/5/2025-6.4%-5.8%-9.8%
2/4/202516.7%16.6%8.0%
11/6/20240.5%4.6%5.8%
8/5/20246.0%3.2%6.9%
...
SUMMARY STATS   
# Positive141513
# Negative10911
Median Positive4.6%4.6%6.9%
Median Negative-4.4%-7.4%-3.4%
Max Positive16.7%16.6%13.2%
Max Negative-10.8%-16.3%-17.5%

SEC Filings

Expand for More
Report DateFiling DateFiling
03/31/202605/06/202610-Q
12/31/202502/05/202610-Q
09/30/202511/19/202510-K
06/30/202508/05/202510-Q
03/31/202505/06/202510-Q
12/31/202402/05/202510-Q
09/30/202411/20/202410-K
06/30/202408/06/202410-Q
03/31/202405/07/202410-Q
12/31/202302/09/202410-Q
09/30/202312/14/202310-K
06/30/202308/04/202310-Q
03/31/202305/09/202310-Q
12/31/202202/03/202310-Q
09/30/202211/18/202210-K
06/30/202208/05/202210-Q

Recent Forward Guidance

Updated 6/1/2026

Latest: Q2 2026 Earnings Reported 5/5/2026

Forward GuidanceGuidance Change
MetricLowMidHigh% Chg% DeltaChangePrior
2026 Revenue1.47 Bil1.48 Bil1.49 Bil0 AffirmedGuidance: 1.48 Bil for 2026
2026 Adjusted EBITDA360.00 Mil362.50 Mil365.00 Mil1.4% RaisedGuidance: 357.50 Mil for 2026
2026 Total SG&A expenses243.00 Mil245.00 Mil247.00 Mil0 AffirmedGuidance: 245.00 Mil for 2026
2026 Net interest expense5.00 Mil5.50 Mil6.00 Mil0 AffirmedGuidance: 5.50 Mil for 2026
2026 Effective income tax rate24.0%24.5%25.0%-5.8%-1.5%LoweredGuidance: 26.0% for 2026
2026 Depreciation and amortization49.00 Mil49.50 Mil50.00 Mil3.1% RaisedGuidance: 48.00 Mil for 2026
2026 Capital expenditures60.00 Mil62.50 Mil65.00 Mil0 AffirmedGuidance: 62.50 Mil for 2026

Prior: Q1 2026 Earnings Reported 2/4/2026

Forward GuidanceGuidance Change
MetricLowMidHigh% Chg% DeltaChangePrior
2026 Revenue1.47 Bil1.48 Bil1.49 Bil1.4% RaisedGuidance: 1.46 Bil for 2026
2026 Adjusted EBITDA355.00 Mil357.50 Mil360.00 Mil2.9% RaisedGuidance: 347.50 Mil for 2026
2026 Total SG&A expenses243.00 Mil245.00 Mil247.00 Mil0 AffirmedGuidance: 245.00 Mil for 2026
2026 Net interest expense5.00 Mil5.50 Mil6.00 Mil-15.4% LoweredGuidance: 6.50 Mil for 2026
2026 Effective income tax rate25.0%26.0%27.0%0 AffirmedGuidance: 26.0% for 2026
2026 Depreciation and amortization47.00 Mil48.00 Mil49.00 Mil0 AffirmedGuidance: 48.00 Mil for 2026
2026 Capital expenditures60.00 Mil62.50 Mil65.00 Mil0 AffirmedGuidance: 62.50 Mil for 2026
2026 Free Cash Flow as a percentage of Adjusted Net Income 0.85    

Insider Activity

Updated 5/29/2026
Expand for More
#OwnerTitleHoldingActionFiling DatePriceSharesTransacted
Value		Value of
Held Shares		Form
1Zakas, Marietta EdmundsFormer Officer and DirectorDirectSell529202625.2654,2541,370,58612,122,616Form
2Healy, Brian C DirectBuy518202625.751,16630,019611,781Form
3Helms, Todd PSVP and CHRODirectSell317202627.6110,720295,9521,780,046Form
4Sengstack, Gregg C DirectBuy226202629.5825,000739,415739,415Form
5Helms, Todd PSVP and CHRODirectSell220202629.7210,720318,5482,234,497Form

Industry Resources

Industrials Resources
IndustryWeek
Manufacturing.net
Aviation Week
Industrial Machinery & Supplies & Components Resources
Machine Design
Modern Machine Shop
Industrial Equipment News (IEN)

External Quote Links


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Core Cache Last Updated: 6/6/2026