Mueller Water

Mueller Water Products, Inc. engages in the manufacture and sale of products used in the transmission, distribution, and measurement of water. It operates through the Water Flow Solutions and Water Management Solutions segments. The Water Flow Solutions segment includes iron gate valves, specialty valves, and service brass products. The Water Management Solutions segment focuses on fire hydrants, repair and installation, natural gas, metering, leak detection, pressure control, and software products. The company was founded in 1857 and is headquartered in Atlanta, GA.

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Earnings data Q1 2025

Mueller Water Products reports robust Q1 sales growth and eyes strategic investments for future expansion

Mueller Water Products demonstrated strong sales growth in Q1 2023 despite facing challenges in gross margins and operating income. The company's focus on operational improvements, customer-centric strategies, and capital investments positions it well for future growth. Opportunities in M&A, price realization, and revenue growth guidance offer avenues for sustained performance.

Mueller Water reports Q2 growth amidst challenges, eyes infrastructure impact

Mueller Water's Q2 performance showed growth in net sales and gross profit, despite challenges in gross margin and operating income.
The company highlighted ESG initiatives, distributor destocking progress, and expectations for improved performance in the second half of 2023.
Challenges included inflation-related costs, volume issues in Water Flow Solutions, and delays in projects due to automation and resource concerns.
Opportunities lie in federal infrastructure funding impact, backlog normalization, and improvements in the older foundry's performance.
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Mueller Water Products reports mixed Q3 results, eyes growth opportunities

Mueller Water Products reported mixed financial results in Q3 2023, with a decrease in net sales but an increase in gross profit. The company faces challenges from lower volumes but is actively implementing cost-saving measures.
Despite volume concerns, Mueller Water Products showcased strong revenue growth and profit margins in the quarter. The company's focus on new market expansion and the new foundry project presents promising growth opportunities.
Navigating supply chain disruptions and addressing volume declines are key challenges for the company. However, by focusing on cost efficiencies and strategic growth initiatives, Mueller Water Products aims to sustain profitability and drive future growth.

Mueller Water reports resilient performance amidst challenges, eyes infrastructure growth

Mueller Water Products showed resilience in financial performance despite challenges, with a focus on cost savings, strategic investments, and operational enhancements.
The company's confidence in its long-term growth prospects, margin improvements, and ability to navigate challenges underscores a positive outlook for sustainable growth.
While facing near-term sales challenges, Mueller Water is strategically positioned to benefit from infrastructure investments and operational efficiencies in the coming year.

Mueller Water Products reports Q1 earnings, eyes growth opportunities

Mueller Water Products' Q1 2024 performance showed mixed results with sales decline but margin improvement.
The company is strategically positioned to navigate challenges and capitalize on growth opportunities.
Focus on cost reduction, pricing strategies, and operational enhancements to drive future profitability.
Confidence in leveraging strong financial position for potential M&A and industry investments.

Mueller Water (MWA) reports record earnings, eyes growth opportunities

Mueller Water's Q2 2024 earnings call showcased strong performance, with record net sales and significant EBITDA growth, driven by operational improvements and strategic focus.
The company faces challenges in finding suitable M&A targets, managing higher costs, and addressing concerns about gross margin sustainability.
Opportunities lie in sustaining growth in Water Flow Solutions, enhancing margins through cost dynamics, and leveraging the residential construction market's strength.
Overall, Mueller Water remains optimistic about delivering profitable growth, supported by increased guidance and a focus on talent development.

Mueller Water (MWA) posts record Q3 results, raises 2024 guidance

Mueller Water (MWA) delivered impressive financial performance in Q3 2024, driven by strong sales growth and margin improvement
While facing challenges in certain segments, the company's strategic focus on operational enhancements and talent development bodes well for future growth
Management's proactive approach to addressing analyst inquiries and raising guidance reflects confidence in the company's trajectory
With opportunities to capitalize on sales growth, optimize margins, and navigate challenges, Mueller Water is poised for continued success

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ATLANTA, Nov. 08, 2024 (GLOBE NEWSWIRE) -- Mueller Water Products, Inc. (NYSE: MWA) today announced that its management team will participate in the Baird 2024 Global Industrial Conference in Chicago on November 12, 2024. The accompanying presentation will be available on the Events and Presentations webpage under Investor Relations on the Company's website www.muellerwaterproducts.com.

Mueller Water Products to Participate in the Baird 2024 Global Industrial Conference

Achieved Net Sales of $348.2 Million in Quarter, $1.3 Billion in Fiscal Year Earned Net Income per Diluted Share of $0.06 in Quarter, $0.74 in Fiscal Year Reported Adjusted Net Income per Diluted Share of $0.22 in Quarter, $0.96 in Fiscal Year Generated Adjusted EBITDA of $72.5 Million in Quarter, $284.7 Million in Fiscal Year   ATLANTA, Nov. 06, 2024 (GLOBE NEWSWIRE) -- Mueller Water Products, Inc. (NYSE: MWA) today announced financial results for its fourth quarter and fiscal year ended September 30, 2024. In the fourth quarter, the Company: Increased net sales 15.5 percent to $348.2 million as compared with $301.4 million in the prior year quarter Reported operating income of $28.4 million as compared with $24.9 million in the prior year quarter and increased adjusted operating income 41.6 percent to $56.5 million as compared with $39.9 million in the prior year quarter Reported operating margin of 8.2 percent as compared with 8.3 percent in the prior year quarter and increased adjusted operating margin to 16.2 percent as compared with 13.2 percent in the prior year quarter Generated net income of $10.0 million as compared with $17.2 million in the prior year quarter, with net income margin of 2.9 percent as compared with 5.7 percent in the prior year quarter, and increased adjusted net income 14.1 percent to $33.9 million as compared with $29.7 million in the prior year quarter Reported net income per diluted share of $0.06 as compared with $0.11 in the prior year quarter and increased adjusted net income per diluted share 15.8 percent to $0.22 as compared with $0.19 in the prior year quarter Increased adjusted EBITDA 30.9 percent to $72.5 million as compared with $55.4 million in the prior year quarter and improved adjusted EBITDA margin to 20.8 percent as compared with 18.4 percent in the prior year quarter In the fiscal year, the Company: Increased net sales 3.1 percent to $1,314.7 million as compared with the prior year of $1,275.7 million Reported operating income of $181.7 million as compared with $127.4 million in the prior year and increased adjusted operating income 55.3 percent to $222.5 million as compared with $143.3 million in the prior year Reported operating margin of 13.8 percent as compared with 10.0 percent in the prior year and increased adjusted operating margin to 16.9 percent as compared with 11.2 percent in the prior year Generated net income of $115.9 million as compared with $85.5 million in the prior year, with net income margin of 8.8 percent as compared with 6.7 percent in the prior year, and increased adjusted net income 53.3 percent to $150.2 million as compared with $98.0 million in the prior year Reported net income per diluted share of $0.74 as compared with $0.55 in the prior year, and increased adjusted net income per diluted share 52.4 percent to $0.96 as compared with $0.63 in the prior year Increased adjusted EBITDA 40.9 percent to $284.7 million as compared with $202.1 million in the prior year, resulting in adjusted EBITDA margin of 21.7 percent as compared with 15.8 percent in the prior year Increased net cash provided by operating activities $129.8 million to $238.8 million as compared with $109.0 million in the prior year and increased free cash flow $130.0 million to $191.4 million as compared with $61.4 million in the prior year Returned $49.9 million to shareholders through dividends and common stock repurchases “We delivered a strong fourth quarter with healthy order levels supported by steady end market demand and focused customer service.

Mueller Water Products Reports Fourth Quarter and Full Year 2024 Results

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On 11/8/24, Federated Hermes, Apple and Mueller Water Products will all trade ex-dividend for their respective upcoming dividends. Federated Hermes Inc will pay its quarterly dividend of $0.31 on 11/15/24, Apple Inc will pay its quarterly dividend of $0.25 on 11/14/24, and Mueller Water Products will pay its quarterly dividend of $0.067 on 11/20/24.

Ex-Dividend Reminder: Federated Hermes, Apple And Mueller Water

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All stocks have at least five fiscal years of dividend growth history and come from the U.S. Dividend Champions List. They have an average increase of 5.2% and a median increase of 4.2%. There are sixteen increases for next week, up from six last week.

16 Upcoming Dividend Increases

ATLANTA, Oct. 25, 2024 (GLOBE NEWSWIRE) -- Mueller Water Products, Inc. (NYSE: MWA) plans to release financial results for its fourth quarter and full year ended September 30, 2024, after U.S. markets close on Wednesday, November 6, 2024. On Thursday, November 7, 2024, at 10:00 a.m. ET, the Company will hold a conference call to discuss earnings and business results. Interested parties are invited to listen via webcast available on the Investor Relations section of the Company's website www.muellerwaterproducts.com . An archive of the webcast will be available for approximately 90 days following the call.

Mueller Water Products Announces Dates for Fourth Quarter and Full Year 2024 Earnings Release and Conference Call

ATLANTA, Oct. 22, 2024 (GLOBE NEWSWIRE) -- Mueller Water Products, Inc. (NYSE: MWA) announced that its Board of Directors has declared an increase to the Company's quarterly dividend by approximately 4.7% to $0.067 per share from $0.064, payable on or about November 20, 2024, to stockholders of record as of the close of business on November 8, 2024.

Mueller Water Products Increases Quarterly Dividend

The water flow solutions segment continues to drive revenue growth, offsetting the decline in the water management solutions segment. Improved margins from pricing strategies and cost control are key factors behind the company's financial performance. Net debt has decreased consistently over recent quarters, strengthening the company's balance sheet.

Mueller Water: Valve Wide Open For Growth As Flow Solutions Power 80% Rally

Mueller Water Products (MWA) is at a 52-week high, but can investors hope for more gains in the future? We take a look at the company's fundamentals for clues.

MUELLER WATER PRODUCTS (MWA) Hit a 52 Week High, Can the Run Continue?

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Is Mueller Water Products (MWA) Outperforming Other Industrial Products Stocks This Year?

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Mueller Water Products (MWA) Is Up 4.44% in One Week: What You Should Know

ATLANTA, Sept. 10, 2024 (GLOBE NEWSWIRE) -- Mueller Water Products, Inc. (NYSE: MWA), a leading manufacturer and marketer of products and services used in the transmission, distribution and measurement of water, announced today it has released its fourth Environmental, Social and Governance (ESG) report, sharing the company's ongoing progress to becoming a more sustainable, innovative and impactful organization.

Mueller Water Products Releases Fourth ESG Report

ATLANTA, Sept. 05, 2024 (GLOBE NEWSWIRE) -- Mueller Water Products, Inc. (NYSE: MWA) announced that Steven (“Steve”) S. Heinrichs will be transitioning from his position as Chief Financial Officer and Chief Legal and Compliance Officer effective December 31, 2024. The Company also announced today it has initiated a comprehensive process with a leading executive search firm to identify a new Chief Financial Officer.

Mueller Water Products Announces CFO Succession Plan

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MUELLER WATER PRODUCTS (MWA) Hits Fresh High: Is There Still Room to Run?

Are Industrial Products Stocks Lagging Mueller Water Products (MWA) This Year?

ATLANTA, Aug. 06, 2024 (GLOBE NEWSWIRE) -- Mueller Water Products, Inc. (NYSE: MWA) today announced that its management team will participate in the Raymond James Industrial and Energy Showcase (virtual) on August 8, 2024, with management hosting investor meetings. The presentation will be available on the Investor Relations section of the Company's website www.muellerwaterproducts.com.

Mueller Water Products to Participate in the Raymond James Industrial and Energy Showcase

Mueller Water Products, Inc. (NYSE:MWA ) Q3 2024 Earnings Conference Call August 6, 2024 10:00 AM ET Company Participants Whit Kincaid - Senior Director, Investor Relations & Corporate Development Marietta Zakas - Chief Executive Officer Steve Heinrichs - Chief Financial Officer & Chief Legal Officer Paul McAndrew - President & Chief Operating Officer Conference Call Participants Bryan Blair - Oppenheimer Mike Halloran - Baird Deane Dray - RBC Capital Markets Joe Giordano - TD Cowen Brian Lee - Goldman Sachs Walt Liptak - Seaport Research Operator Welcome, and thank you for standing by. [Operator Instructions] Today's call is also being recorded.

Mueller Water Products, Inc. (MWA) Q3 2024 Earnings Call Transcript

Mueller Water Products had a rough day in the market but saw a significant increase in after-hours trading after strong financial results for Q3 2024. Q3 2024 showed great revenue and earnings growth for the company, with improved profitability metrics across the board. Despite the positive results, the stock is now more fairly valued, leading to a downgrade to a 'hold' recommendation.

Mueller Water Products: After A Surge, It's Time To Turn The Tap Down

Increased Net Sales 9.2 percent to $356.7 Million Reported Net Income per Diluted Share of $0.30 Achieved Record Adjusted Net Income per Diluted Share of $0.32 Raises Annual Guidance for Net Sales and Adjusted EBITDA ATLANTA, Aug. 05, 2024 (GLOBE NEWSWIRE) -- Mueller Water Products, Inc. (NYSE: MWA) announced financial results for its 2024 third quarter ended June 30, 2024. In the third quarter of 2024, the Company: Delivered net sales of $356.7 million, a 9.2 percent increase as compared with $326.6 million in the prior year quarter Reported operating income of $67.0 million as compared with $35.6 million in the prior year quarter and increased adjusted operating income 77.0 percent to $69.9 million as compared with $39.5 million in the prior year quarter Reported operating margin of 18.8 percent as compared with 10.9 percent in the prior year quarter and increased adjusted operating margin to 19.6 percent as compared with 12.1 percent in the prior year quarter Reported net income of $47.3 million as compared with $24.5 million in the prior year quarter, with net income margin of 13.3 percent as compared with 7.5 percent in the prior year quarter, and increased adjusted net income 79.3 percent to $49.5 million as compared with $27.6 million in the prior year quarter Reported net income per diluted share of $0.30 as compared with $0.16 in the prior year quarter and increased adjusted net income per diluted share 77.8 percent to $0.32 as compared with $0.18 in the prior year quarter Increased adjusted EBITDA 56.6 percent to $85.2 million as compared with $54.4 million in the prior year quarter and improved adjusted EBITDA margin to 23.9 percent as compared with 16.7 percent in the prior year quarter Increased net cash provided by operating activities for the nine-month period by $97.0 million to $149.5 million as compared with $52.5 million in the prior year period Increased free cash flow for the nine-month period by $101.4 million to $121.5 million as compared with $20.1 million in the prior year period “We are pleased to report a record third quarter that exceeded our expectations.

Mueller Water Products Reports 2024 Third Quarter Results

Mueller Water Products (MWA) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Mueller Water Products (MWA) Earnings Expected to Grow: What to Know Ahead of Next Week's Release

ATLANTA, July 24, 2024 (GLOBE NEWSWIRE) -- Mueller Water Products, Inc. (NYSE: MWA) announced that its Board of Directors has declared a quarterly dividend of 6.40 cents ($0.064) per share, payable on or about August 20, 2024, to stockholders of record as of the close of business on August 9, 2024.

Mueller Water Products Announces Quarterly Dividend

ATLANTA, July 24, 2024 (GLOBE NEWSWIRE) -- Mueller Water Products, Inc. (NYSE: MWA) plans to release financial results for its third quarter ended June 30, 2024, after U.S. markets close on Monday, August 5, 2024. On Tuesday, August 6, 2024, at 10:00 a.m. ET, the Company will hold a conference call to discuss earnings and business results. Interested parties are invited to listen via webcast available on the Investor Relations section of the Company's website www.muellerwaterproducts.com. An archive of the webcast will be available for approximately 90 days following the call.

Mueller Water Products Announces Dates for Third Quarter 2024 Earnings Release and Conference Call

Mueller Water Products (MWA) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.

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