The Tip Desk

Mueller Water Products, Inc.

Company Stats

Market Cap
$3.3B
as of Sep 30, 2026
Shares Outstanding
156.1M
Free Float
95.8%

Income Statement

Revenue
$1.4B
Operating Income
$260.6M
Net Income
$191.7M
EBITDA
$307.5M
Revenue Growth, 3Y
4.7%
FCF Margin, 3Y Avg
10.5%
FCF Margin, Worst Year
4.8%

Cash Flow

Free Cash Flow
$172.0M
FCF Yield
5.2%
Owner FCF Yield
4.9%

Balance Sheet

Total Debt
$454.1M

Returns & Capital

Dividends Paid
$41.9M
Dividend Yield
1.3%
Dividend Payout, 3Y Avg
33.6%
Share Repurchases
$15.0M
Buyback Yield, 3Y Avg
0.4%
SBC, 3Y Avg
$9.4M

Cash Flow by Year

YearRevenueFCFMargin
FY2025$1.4B$172.0M12.0%
FY2024$1.3B$191.4M14.6%
FY2023$1.3B$61.4M4.8%
FY2022$1.2B-$2.4M-0.2%
FY2021$1.1B$94.0M8.5%

Annual filing data through FY ended September 30, 2025; shares and float as of October 28, 2026. Yields and enterprise value use the calculated market cap above, at its as-of date. Ratios are our calculations from reported figures.

Earnings

Other Coverage