Mueller Water Products Inc - Understand $mwa stock

$MWA Market Cap: $3.206 Billion

Research Board Inbox Deep Research Not Interested Shortlisted

Financial Snapshot

Revenue

$1.268B

TTM

Gross Margin

34.18%

TTM

Net Earnings

$123.1M

TTM

Current Assets

$785.5M

Q2 2024

Current Liabilities

$212.4M

Q2 2024

Current Ratio

369.82%

Q2 2024

Total Assets

$1.569B

Q2 2024

Total Liabilities

$777.0M

Q2 2024

Book Value

$791.6M

Q2 2024

Cash

$243.3M

Q2 2024

P/E

26.05

Sep 17, 2024 EST

Free Cash Flow

$162.8M

TTM

Revenues

Revenue YoY Change

Revenues

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008	2007	2006	2005
Revenue	$1.276B	$1.247B	$1.111B	$964.1M	$968.0M	$916.0M	$826.0M	$800.6M	$793.4M	$1.185B	$7.500M	$7.400M	$8.800M	$959.7M	$1.428B	$1.859B	$1.849B	$1.933B	$1.705B
YoY Change	2.27%	12.28%	15.24%	-0.4%	5.68%	10.9%	3.17%	0.91%	-33.03%	15696.0%	1.35%	-15.91%	-99.08%	-32.79%	-23.2%	0.56%	-4.37%	13.42%

Expenses

Cost Of Revenues

Gross Profit

Gross Profit Margin

Gross Profit

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008	2007	2006	2005
Revenue	$1.276B	$1.247B	$1.111B	$964.1M	$968.0M	$916.0M	$826.0M	$800.6M	$793.4M	$1.185B	$7.500M	$7.400M	$8.800M	$959.7M	$1.428B	$1.859B	$1.849B	$1.933B	$1.705B
Cost Of Revenue	$896.2M	$883.1M	$752.5M	$635.9M	$647.1M	$626.1M	$558.1M	$531.7M	$547.1M	$836.8M	$807.6M	$752.8M	$716.5M	$700.6M	$1.171B	$1.420B	$1.386B	$1.526B	$1.296B
Gross Profit	$379.5M	$364.3M	$358.5M	$328.2M	$320.9M	$289.9M	$267.9M	$268.9M	$246.3M	$347.9M	$313.2M	$271.1M	$248.1M	$259.1M	$256.9M	$439.0M	$463.2M	$407.7M	$409.1M
Gross Profit Margin	29.75%	29.2%	32.27%	34.04%	33.15%	31.65%	32.43%	33.59%	31.04%	29.37%	4176.0%	3663.51%	2819.32%	27.0%	17.99%	23.61%	25.05%	21.09%	24.0%

Selling, General & Admin Expense

Research & Development

Depreciation, Depletion & Amortization

SGA Expense to Gross Profit Ratio

R&D To Gross Profit Ratio

DDA To Gross Profit Ratio

Operating Expenses Total

Operating Profits/Loss

Operational Expenses

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008	2007	2006	2005
Selling, General & Admin	$241.9M	$238.7M	$218.8M	$198.4M	$182.7M	$166.7M	$155.4M	$149.5M	$146.7M	$220.7M	$214.4M	$204.2M	$191.8M	$188.8M	$239.1M	$274.6M	$251.6M	$242.1M	$233.5M
YoY Change	1.34%	9.1%	10.28%	8.59%	9.6%	7.27%	3.95%	1.91%	-33.53%	2.94%	5.0%	6.47%	1.59%	-21.04%	-12.93%	9.14%	3.92%	3.68%
% of Gross Profit	63.74%	65.52%	61.03%	60.45%	56.93%	57.5%	58.01%	55.6%	59.56%	63.44%	68.45%	75.32%	77.31%	72.87%	93.07%	62.55%	54.32%	59.38%	57.08%
Research & Development	$25.90M	$24.50M	$17.10M	$15.00M	$14.30M	$11.60M	$12.10M	$9.900M	$12.10M	$14.40M	$14.80M	$12.70M	$9.900M		$6.900M
YoY Change	5.71%	43.27%	14.0%	4.9%	23.28%	-4.13%	22.22%	-18.18%	-15.97%	-2.7%	16.54%	28.28%
% of Gross Profit	6.82%	6.73%	4.77%	4.57%	4.46%	4.0%	4.52%	3.68%	4.91%	4.14%	4.73%	4.68%	3.99%		2.69%
Depreciation & Amortization	$62.50M	$60.50M	$59.60M	$57.80M	$53.00M	$43.70M	$41.90M	$39.50M	$43.40M	$56.70M	$59.20M	$60.60M	$63.10M	$65.60M	$90.20M	$93.10M	$101.4M	$96.90M
YoY Change	3.31%	1.51%	3.11%	9.06%	21.28%	4.3%	6.08%	-8.99%	-23.46%	-4.22%	-2.31%	-3.96%	-3.81%	-27.27%	-3.11%	-8.19%	4.64%
% of Gross Profit	16.47%	16.61%	16.62%	17.61%	16.52%	15.07%	15.64%	14.69%	17.62%	16.3%	18.9%	22.35%	25.43%	25.32%	35.11%	21.21%	21.89%	23.77%
Operating Expenses	$252.1M	$238.7M	$226.8M	$211.4M	$196.6M	$168.2M	$165.8M	$156.7M	$166.7M	$223.8M	$215.9M	$207.0M	$195.4M	$189.4M	$1.258B	$274.6M	$251.6M	$242.1M	$233.5M
YoY Change	5.61%	5.25%	7.28%	7.53%	16.88%	1.45%	5.81%	-6.0%	-25.51%	3.66%	4.3%	5.94%	3.17%	-84.94%	358.05%	9.14%	3.92%	3.68%
Operating Profit	$127.4M	$125.6M	$131.7M	$116.8M	$124.3M	$121.7M	$102.1M	$112.2M	$79.60M	$124.1M	$97.30M	$64.10M	$52.70M	$69.70M	-$1.001B	$164.4M	$211.6M	$165.6M	$175.6M
YoY Change	1.43%	-4.63%	12.76%	-6.03%	2.14%	19.2%	-9.0%	40.95%	-35.86%	27.54%	51.79%	21.63%	-24.39%	-106.96%	-708.82%	-22.31%	27.78%	-5.69%

Interest Expenses

Interest Expenses To Operating Income %

Other Expense/Income

Interest & Other Expense/Income

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008	2007	2006	2005
Interest Expense	$18.40M	-$16.90M	$23.80M	$26.60M	$23.30M	$25.30M	$24.20M	$24.00M	$27.80M	$50.00M	$52.00M	$60.20M	-$65.90M	$68.30M	$80.00M	-$72.40M	-$86.80M	-$107.4M	-$132.9M
YoY Change	-208.88%	-171.01%	-10.53%	14.16%	-7.91%	4.55%	0.83%	-13.67%	-44.4%	-3.85%	-13.62%	-191.35%	-196.49%	-14.63%	-210.5%	-16.59%	-19.18%	-19.19%
% of Operating Profit	14.44%	-13.46%	18.07%	22.77%	18.74%	20.79%	23.7%	21.39%	34.92%	40.29%	53.44%	93.92%	-125.05%	97.99%		-44.04%	-41.02%	-64.86%	-75.68%
Other Income/Expense, Net	-$3.700M	$3.900M	$3.300M	$3.000M	-$400.0K	-$1.000M	-$1.400M	-$19.30M								$0.00	$0.00
YoY Change	-194.87%	18.18%	10.0%	-850.0%	-60.0%	-28.57%	-92.75%

Income/Loss

Pretax Income

Income Tax

Net Profits/Loss

Pretax Income YoY Change

Income Tax Rate

Net Profits/Loss YoY Change

Basic EPS

Net Income To Revenue Ratio

Pretax & Net Income

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008	2007	2006	2005
Pretax Income	$109.0M	$98.60M	$94.90M	$94.10M	$82.10M	$97.30M	$82.70M	$69.70M	$25.20M	$71.60M	$41.00M	-$100.0K	-$15.20M	-$10.70M	-$1.082B	$73.70M	$86.70M	$13.10M	$41.00M
YoY Change	10.55%	3.9%	0.85%	14.62%	-15.62%	17.65%	18.65%	176.59%	-64.8%	74.63%	-41100.0%	-99.34%	42.06%	-99.01%	-1568.52%	-14.99%	561.83%	-68.05%
Income Tax	$23.50M	$22.00M	$24.50M	$22.10M	$18.30M	-$9.900M	$24.20M	$24.20M	$8.300M	$18.00M	$8.800M	$7.900M	-$2.900M	$2.500M	-$86.30M	$31.70M	$38.50M	$8.000M	$20.90M
% Of Pretax Income	21.56%	22.31%	25.82%	23.49%	22.29%	-10.17%	29.26%	34.72%	32.94%	25.14%	21.46%					43.01%	44.41%	61.07%	50.98%
Net Earnings	$85.50M	$76.60M	$70.40M	$72.00M	$63.80M	$105.6M	$123.3M	$63.90M	$30.90M	$55.50M	$40.80M	-$108.4M	-$38.10M	-$45.20M	-$996.7M	$42.00M	$48.20M	$5.100M	$20.10M
YoY Change	11.62%	8.81%	-2.22%	12.85%	-39.58%	-14.36%	92.96%	106.8%	-44.32%	36.03%	-137.64%	184.51%	-15.71%	-95.47%	-2473.1%	-12.86%	845.1%	-74.63%
Net Earnings / Revenue	6.7%	6.14%	6.34%	7.47%	6.59%	11.53%	14.93%	7.98%	3.89%	4.68%	544.0%	-1464.86%	-432.95%	-4.71%	-69.8%	2.26%	2.61%	0.26%	1.18%
Basic Earnings Per Share	$0.55	$0.49	$0.44		$0.40	$0.67	$0.77	$0.40	$0.19	$0.35	$0.26	-$0.69	-$0.25	-$0.29	-$8.55
Diluted Earnings Per Share	$0.55	$484.8K	$442.2K	$454.0K	$0.40	$0.66	$0.76	$0.39	$0.19	$0.34	$0.25	-$0.69	-$0.25	-$0.29	-$8.55	$363.6K	$418.0K	$53.40K	$181.4K

Assets & Liabilities

Cash & Short-Term Investments

Cash & Equivalents

Cash To Operating Expenses Ratio

Inventory

Receivables

Total Short-Term Assets

Property, Plant And Equipment

Long-Term Investments

Total Long-Term Assets

Total Assets

Net Income To Total Assets Percentage

Accounts Payable

Short-Term Debt

Long Term Debt Due

Total Short-Term Liabilities

Long-Term Debt

Other Long-Term Liabilities

Total Long-Term Liabilities

Total Liabilities

Short-Term To Long-Term Debt Ratio

Short-Term Assets To Debt Ratio

Long-Term Debt To Net Income Ratio

Assets & Liabilities

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008	2007	2006	2005
Cash & Short-Term Investments	$160.3M	$146.5M	$227.5M	$208.9M	$176.7M	$347.1M	$361.7M	$195.0M	$113.1M	$161.1M	$123.6M	$83.00M	$61.00M	$83.70M	$61.50M	$183.9M	$98.90M	$81.40M	$0.00
YoY Change	9.42%	-35.6%	8.9%	18.22%	-49.09%	-4.04%	85.49%	72.41%	-29.8%	30.34%	48.92%	36.07%	-27.12%	36.1%	-66.56%	85.95%	21.5%
Cash & Equivalents	$160.3M	$146.5M	$227.5M	$208.9M	$176.7M	$347.1M	$361.7M	$195.0M	$113.1M	$161.1M	$123.6M	$83.00M	$61.00M	$83.70M	$61.50M	$183.9M	$98.90M	$81.40M	$0.00
Short-Term Investments
Other Short-Term Assets	$29.00M	$26.80M	$18.40M	$15.00M	$21.30M	$15.90M	$13.50M	$153.3M	$40.50M	$53.20M	$57.90M	$53.70M	$201.9M	$69.60M	$83.50M	$89.80M	$95.50M	$76.30M	$12.60M
YoY Change	8.21%	45.65%	22.67%	-29.58%	33.96%	17.78%	-91.19%	278.52%	-23.87%	-8.12%	7.82%	-73.4%	190.09%	-16.65%	-7.02%	-5.97%	25.16%	505.56%
Inventory	$297.9M	$278.7M	$184.7M	$162.5M	$191.4M	$156.6M	$138.9M	$130.7M	$219.1M	$198.0M	$208.5M	$183.2M	$175.9M	$268.4M	$342.8M	$459.4M	$453.5M	$454.6M	$147.2M
Prepaid Expenses
Receivables	$217.1M	$228.0M	$212.2M	$180.8M	$172.8M	$164.3M	$145.3M	$131.8M	$175.3M	$182.1M	$164.5M	$166.1M	$147.4M	$202.5M	$216.3M	$298.2M	$302.1M	$322.9M	$118.5M
Other Receivables	$2.500M	$0.00	$10.90M	$14.00M	$4.700M	$1.600M	$10.90M	$1.500M	$1.500M	$13.00M	$14.90M	$3.900M	$12.60M	$12.20M	$42.00M	$19.00M	$0.00	$0.00	$0.00
Total Short-Term Assets	$706.8M	$680.0M	$653.7M	$581.2M	$566.9M	$685.5M	$670.3M	$612.3M	$549.5M	$607.4M	$569.4M	$489.9M	$598.8M	$636.4M	$746.1M	$1.050B	$950.0M	$935.2M	$278.3M
YoY Change	3.94%	4.02%	12.47%	2.52%	-17.3%	2.27%	9.47%	11.43%	-9.53%	6.67%	16.23%	-18.19%	-5.91%	-14.7%	-28.96%	10.56%	1.58%	236.04%
Property, Plant & Equipment	$335.3M	$301.6M	$310.5M	$279.4M	$217.1M	$150.9M	$122.3M	$108.4M	$148.9M	$146.3M	$141.9M	$137.9M	$145.7M	$264.4M	$296.4M	$356.8M	$351.8M	$337.0M	$149.2M
YoY Change	11.17%	-2.87%	11.13%	28.7%	43.87%	23.39%	12.82%	-27.2%	1.78%	3.1%	2.9%	-5.35%	-44.89%	-10.8%	-16.93%	1.42%	4.39%	125.87%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets	$33.40M	$56.70M	$44.40M	$23.90M	$23.90M	$35.30M	$26.40M	$125.3M	$24.10M	$25.20M	$17.50M	$32.60M	$138.1M	$35.00M	$33.40M	$21.80M	$17.00M	$16.80M	$9.500M
YoY Change	-41.09%	27.7%	85.77%	0.0%	-32.29%	33.71%	-78.93%	419.92%	-4.37%	44.0%	-46.32%	-76.39%	294.57%	4.79%	53.21%	28.24%	1.19%	76.84%
Total Long-Term Assets	$798.2M	$818.1M	$864.3M	$813.8M	$770.4M	$606.4M	$588.0M	$668.3M	$680.3M	$705.1M	$712.5M	$751.0M	$886.2M	$931.8M	$993.4M	$2.040B	$2.059B	$2.055B	$217.1M
YoY Change	-2.43%	-5.35%	6.21%	5.63%	27.04%	3.13%	-12.02%	-1.76%	-3.52%	-1.04%	-5.13%	-15.26%	-4.89%	-6.2%	-51.3%	-0.94%	0.22%	846.43%
Total Assets	$1.505B	$1.498B	$1.518B	$1.395B	$1.337B	$1.292B	$1.258B	$1.281B	$1.230B	$1.313B	$1.282B	$1.241B	$1.485B	$1.568B	$1.740B	$3.090B	$3.009B	$2.990B	$495.4M
YoY Change
Accounts Payable	$102.9M	$122.8M	$92.00M	$67.30M	$84.60M	$90.00M	$82.50M	$73.70M	$98.70M	$116.0M	$101.2M	$84.50M	$59.10M	$93.20M	$111.7M	$156.0M	$112.3M	$129.9M	$55.00M
YoY Change	-16.21%	33.48%	36.7%	-20.45%	-6.0%	9.09%	11.94%	-25.33%	-14.91%	14.62%	19.76%	42.98%	-36.59%	-16.56%	-28.4%	38.91%	-13.55%	136.18%
Accrued Expenses	$50.00M	$58.90M	$61.80M	$50.90M	$39.10M	$43.00M	$30.70M	$36.20M	$35.00M	$54.90M	$54.30M	$58.80M						$116.3M	$34.70M
YoY Change	-15.11%	-4.69%	21.41%	30.18%	-9.07%	40.07%	-15.19%	3.43%	-36.25%	1.1%	-7.65%							235.16%
Deferred Revenue
YoY Change
Short-Term Debt	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00
YoY Change
Long-Term Debt Due	$700.0K	$800.0K	$1.000M	$1.100M	$900.0K	$700.0K	$5.600M	$5.600M	$6.100M	$46.20M	$1.300M	$1.100M	$900.0K	$700.0K	$11.70M	$9.700M	$6.200M	$9.000M	$0.00
YoY Change	-12.5%	-20.0%	-9.09%	22.22%	28.57%	-87.5%	0.0%	-8.2%	-86.8%	3453.85%	18.18%	22.22%	28.57%	-94.02%	20.62%	56.45%	-31.11%
Total Short-Term Liabilities	$218.8M	$241.0M	$220.1M	$155.0M	$178.5M	$167.1M	$141.6M	$185.8M	$168.0M	$244.4M	$183.1M	$168.4M	$194.8M	$183.7M	$220.8M	$294.7M	$240.3M	$255.2M	$89.70M
YoY Change	-9.21%	9.5%	42.0%	-13.17%	6.82%	18.01%	-23.79%	10.6%	-31.26%	33.48%	8.73%	-13.55%	6.04%	-16.8%	-25.08%	22.64%	-5.84%	184.5%
Long-Term Debt	$446.7M	$446.1M	$445.9M	$446.5M	$445.4M	$444.3M	$475.0M	$478.8M	$482.9M	$494.8M	$599.5M	$621.7M	$677.4M	$691.5M	$728.5M	$1.086B	$1.094B	$1.118B	$0.00
YoY Change	0.13%	0.04%	-0.13%	0.25%	0.25%	-6.46%	-0.79%	-0.85%	-2.41%	-17.46%	-3.57%	-8.22%	-2.04%	-5.08%	-32.91%	-0.78%	-2.15%
Other Long-Term Liabilities	$54.20M	$55.40M	$62.00M	$56.30M	$33.20M	$36.50M	$37.10M	$86.60M	$65.80M	$71.30M	$29.60M	$86.80M	$79.60M	$122.2M	$173.9M	$85.00M	$56.30M	$110.9M	$560.9M
YoY Change	-2.17%	-10.65%	10.12%	69.58%	-9.04%	-1.62%	-57.16%	31.61%	-7.71%	140.88%	-65.9%	9.05%	-34.86%	-29.73%	104.59%	50.98%	-49.23%	-80.23%
Total Long-Term Liabilities	$500.9M	$501.5M	$507.9M	$502.8M	$478.6M	$480.8M	$512.1M	$565.4M	$548.7M	$566.1M	$629.1M	$708.5M	$757.0M	$813.7M	$902.4M	$1.171B	$1.151B	$1.229B	$560.9M
YoY Change	-0.12%	-1.26%	1.01%	5.06%	-0.46%	-6.11%	-9.43%	3.04%	-3.07%	-10.01%	-11.21%	-6.41%	-6.97%	-9.83%	-22.92%	1.76%	-6.39%	119.15%
Total Liabilities	$793.5M	$828.8M	$823.1M	$754.3M	$747.2M	$728.6M	$769.9M	$862.3M	$863.5M	$962.5M	$953.7M	$1.010B	$1.106B	$1.163B	$1.303B	$1.761B	$1.698B	$1.763B	$650.6M
YoY Change	-4.26%	0.69%	9.12%	0.95%	2.55%	-5.36%	-10.72%	-0.14%	-10.29%	0.92%	-5.55%	-8.71%	-4.89%	-10.77%	-26.01%	3.72%	-3.67%	170.97%

Ownership

Basic Shares Outstanding

Diluted Shares Outstanding

Preferred Stock

Treasury Stock Shares

Stock Issuance & Repurchase

Ownership Data

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009
Basic Shares Outstanding	156.3M shares	157.4M shares	158.4M shares	157.8M shares	157.8M shares	158.2M shares	160.1M shares	161.3M shares	160.5M shares	159.2M shares	157.7M shares	156.5M shares	155.3M shares	154.3M shares	116.6M shares
Diluted Shares Outstanding	156.8M shares	158.0M shares	159.2M shares	158.6M shares	159.0M shares	159.7M shares	161.8M shares	163.4M shares	163.2M shares	162.2M shares	160.3M shares	156.5M shares	155.3M shares	154.3M shares	116.6M shares
Preferred Stock
Treasury Stock Shares

Return On Shareholders' Equity

Book Value

Free Cash Flow

Free Cash Flow YoY

Dividends

Stock Price

Market Cap: $3.2063 Billion

About Mueller Water Products Inc

Mueller Water Products, Inc. engages in the manufacture and sale of products used in the transmission, distribution, and measurement of water. The company is headquartered in Atlanta, Georgia and currently employs 3,200 full-time employees. The company went IPO on 2006-05-26. The firm's product and service portfolio includes engineered valves, fire hydrants, pipe connection and repair products, metering products, leak detection, pipe condition assessment, pressure management products, and software technology that provides critical water system data. The firm operates through two segments: Water Flow Solutions and Water Management Solutions. Its Water Flow Solutions segment's portfolio includes iron gate valves, specialty valves and service brass products. Its Water Management Solutions segment's portfolio includes fire hydrants, repair and installation, natural gas, metering, leak detection, and pressure management and control products and solutions. Its brands include Canada Valve, Centurion, Echologics, Echoshore, ePulse, Ez-Max, Hersey, Hydro Gate, Hydro-Guard, HYMAX and others.

Industry: Miscellaneous Fabricated Metal Products Peers: Barnes Group Inc Energy Recovery Inc Enpro Inc ESCO Technologies Inc Helios Technologies Inc Hillman Solutions Corp Illinois Tool Works Inc Kadant Inc Kennametal Inc Tennant Co