Mueller Water Products Inc
muellerwaterproducts.comMueller Water Products (NYSE: MWA) is a water infrastructure manufacturer that makes and sells products used in the transmission, distribution, and measurement of water in North America. Revenue comes from transactional product sales across two segments: Water Flow Solutions, which sells iron gate valves, specialty valves, and service brass products, and Water Management Solutions, which sells fire hydrants, repair and installation products, natural gas, metering, leak detection, and pressure management products. Consolidated net sales were $1,429.7 million in FY2025 (fiscal year ended September 30, 2025). The company operates primarily in the United States and Canada, selling through distributors to municipal water utilities and the residential and non-residential construction industries. Mueller reports one of the largest installed bases of iron gate valves and fire hydrants in the United States, with its iron gate valve and hydrant products specified for use in the largest 100 U.S. metropolitan areas. The company carries $450.0 million of 4.0% Senior Unsecured Notes maturing June 2029 and pays a common stock dividend.
Products & Services
Water Flow Solutions: iron gate valves, specialty valves, service brass products. Water Management Solutions: fire hydrants, repair and installation products, natural gas distribution products, metering products, leak detection systems, pressure management and control products and solutions. Products are manufactured to AWWA standards and certified to NSF/ANSI Standard 61, with many carrying UL and FM Approvals certifications. The company also offers technology-enabled products and services that collect customer data as part of its metering and management offerings.
Revenue Model
Transactional product sales across two segments. Water Flow Solutions (iron gate valves, specialty valves, service brass) generated $634.4 million in net sales in FY2023, with FY2024 and FY2025 figures cited in the filing but not fully legible in excerpts. Water Management Solutions sells fire hydrants, metering, leak detection, and pressure management products. Revenue is driven by municipal infrastructure repair and replacement spending and new residential construction activity.
Customers & Markets
Primary customers are municipal water utilities, water distribution companies, and residential and non-residential construction contractors. Products reach end users through distributors. Primary end markets are repair and replacement of existing water infrastructure, funded by municipal spending from local taxes, water fees, and water rates, and new water infrastructure installation tied to residential construction. The company's products are specified for use in the largest 100 U.S. metropolitan areas.
Geographic Exposure
Primarily the United States and Canada, as stated in the FY2025 10-K filed November 19, 2025.
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