Every 10-Q that Mueller Water Products, Inc. (MWA) has filed with the SEC in the last 24 months is listed below, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.
A 10-Q covers the quarterly report filed between annual reports, so if you follow MWA and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full MWA filings page.
Mueller Water Products generated solid growth for the three months ended June 30, 2026, with net sales of $395.9 million versus $380.3 million a year earlier and net income of $67.3 million versus $52.5 million. Gross margin improved to 39.4% from 38.3% as pricing and non-recurring tariff refunds more than offset inflation, portfolio optimization costs and lower volumes. SG&A fell to $64.0 million, while strategic reorganization and other charges rose to $11.2 million.
For the nine months, net sales were $1,098.5 million and net income $169.6 million, with gross margin expanding to 38.2%. Operating cash flow increased to $154.2 million, supporting $43.6 million of capital expenditures, $32.8 million of dividends and $15.5 million of share repurchases. Cash and cash equivalents were $495.3 million against total debt of $454.9 million and $163.7 million of excess ABL availability. The company continues to invest in new and existing foundries while managing headwinds from inflation and Section 232 tariffs, which it expects to add roughly 3% of cost of sales in fiscal 2026 even as it targets full-year net sales growth of 2.8%–3.5%.
Mueller Water Products reported stronger quarterly and year-to-date results. For the three months ended March 31, 2026, net sales rose to $384.4 million from $364.3 million, driven mainly by higher pricing and volumes. Net income increased to $59.1 million from $51.3 million, with diluted EPS at $0.38.
Gross margin improved to 37.6% from 35.1% as pricing and manufacturing efficiencies more than offset higher tariffs and roughly 4% inflation. For the six-month period, net sales reached $702.6 million and net income was $102.3 million, up from $668.6 million and $86.6 million. The company closed its legacy brass foundry, ramped a new facility, and continues to face cost pressure from Section 232 tariffs and inflation. Liquidity remained solid with $421.0 million in cash and $163.7 million of ABL availability.
Mueller Water Products delivered a stronger first quarter of fiscal 2026, combining higher sales with notable margin expansion. Net sales rose to $318.2 million from $304.3 million, driven mainly by price increases across most product lines, while net income increased to $43.2 million from $35.3 million. Diluted EPS improved to $0.27 from $0.22.
Gross margin widened to 37.6% from 33.8% as favorable pricing and manufacturing efficiencies, including the closure of the legacy brass foundry in Decatur, Illinois, more than offset roughly 4% cost inflation and higher tariffs. Water Flow Solutions saw margins improve sharply despite slightly lower sales, while Water Management Solutions grew revenue double digits but faced tariff and efficiency pressures.
Mueller generated $61.2 million in operating cash flow, funded $17.2 million of capital expenditures, and ended the quarter with $459.6 million in cash and an undrawn ABL facility. The company repurchased $5.5 million of stock, paid a quarterly dividend of $0.070 per share, and continues to guide fiscal 2026 net sales growth of 2.8% to 4.2% amid ongoing tariff, inflation and macro uncertainty.
Mueller Water Products (MWA) posted solid FQ3 25 results. Net sales rose 6.6% YoY to $380.3 m, driven by higher pricing and volumes in both segments. Gross profit increased 10.9% to $145.7 m, lifting gross margin 150 bp to 38.3% despite ~7% inflation/tariff headwind. Operating income advanced 10% to $73.7 m and diluted EPS reached $0.33 versus $0.30.
Segment mix remained favorable: Water Flow Solutions revenue +4.1% to $216.6 m with 38.7% margin; Water Management Solutions revenue +10.2% to $163.7 m with 18.4% margin. Corporate costs were steady. Nine-month sales rose 8.5% to $1.05 bn and net income jumped 31% to $139.1 m.
Cash generation stayed healthy: operating cash flow $135.8 m; capex $32.8 m, yielding ~ $103 m free cash flow. Cash on hand climbed to $372 m versus $309.9 m at FY-end, keeping net debt modest at $82 m (0.4× EBITDA est.). Dividend was raised 4.7% to $0.067/share and $15 m of stock was repurchased YTD.
Management guides FY-25 sales growth of 6.9-7.6%, but notes rising SG&A (foreign exchange and inflation), new U.S. tariffs on purchased parts, geopolitical disruption at the Israeli facility, and lingering cybersecurity costs. Strategic reorg charges continued to taper ($5.1 m YTD vs. $12.7 m YTD 24). Overall, the quarter shows margin expansion, strong balance-sheet flexibility and continued return of capital, partially offset by cost pressures and macro uncertainty.