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Mueller Water Products, Inc. (MWA) Stock Fundamental Analysis & AI Rating 2026

MWA NYSE Miscellaneous Fabricated Metal Products DE CIK: 0001350593
Updated This Month • Analysis: May 7, 2026 • SEC Data: 2026-03-31
Combined AI Rating
BUY
66% Confidence
AGREEMENT
HOLD
62% Conf
BUY
70% Conf

📊 MWA Key Takeaways

Revenue: $702.6M
Net Margin: 14.6%
Free Cash Flow: $16.5M
Current Ratio: 4.57x
Debt/Equity: 0.42x
EPS: $0.65
AI Rating: HOLD with 62% confidence
Mueller Water Products, Inc. (MWA) receives a BUY rating with 66% confidence from our AI fundamental analysis based on SEC 10-K filings. With revenue of $702.6M, net profit margin of 14.6%, and return on equity (ROE) of 9.6%, Mueller Water Products, Inc. demonstrates strong fundamentals in the Materials sector. Below is our complete MWA stock analysis for 2026.

Is Mueller Water Products, Inc. (MWA) a Good Investment?

Claude

Mueller Water Products demonstrates strong profitability metrics (37.6% gross margin, 19.5% operating margin) and an exceptionally robust balance sheet with 4.57x current ratio and 0.42x debt-to-equity, indicating excellent financial stability. However, the extraordinary 21,762% YoY revenue growth raises sustainability concerns, and critical cash conversion weakness—operating cash flow of only $48.4M on $102.3M net income (47% conversion) and FCF of just $16.5M—suggests significant working capital absorption or earnings quality issues that require clarification.

ChatGPT

Mueller Water Products demonstrates solid fundamentals with healthy margins, strong liquidity, and consistent free cash flow generation, suggesting resilient core operations. Earnings growth is robust and cash balances largely offset debt, providing flexibility for investment and downturns. However, modest ROE/ROA and relatively thin interest coverage temper conviction, making sustained cash conversion and margin stability key to the outlook.

Why Buy Mueller Water Products, Inc. Stock? MWA Key Strengths

Claude
  • + Exceptional liquidity position with 4.57x current ratio and $421M cash balance
  • + Healthy profitability margins (14.6% net margin, 19.5% operating margin, 37.6% gross margin)
  • + Conservative capital structure with 0.42x debt-to-equity and strong 6.9x interest coverage
ChatGPT
  • + Strong liquidity and cash position (current 4.0x, quick 2.55x)
  • + Healthy profitability (37.6% gross, 17.8% operating, 13.6% net)
  • + Solid free cash flow generation (13.8% FCF margin) with moderate leverage (0.44x D/E)

MWA Stock Risks: Mueller Water Products, Inc. Investment Risks

Claude
  • ! Suspicious 21,762% YoY revenue growth indicating potential acquisition or accounting anomaly with unclear sustainability
  • ! Poor cash conversion: only $16.5M free cash flow on $102.3M net income (2.3% FCF margin vs 14.6% net margin)
  • ! Weak capital returns with 9.6% ROE and 5.4% ROA despite strong profitability margins
ChatGPT
  • ! Interest coverage is only 2.8x, sensitive to rate changes or EBIT dips
  • ! Low ROE/ROA indicate capital inefficiency or underutilized assets
  • ! Extraordinary revenue YoY growth suggests data volatility or non-organic effects

Key Metrics to Watch

Claude
  • * Operating cash flow trend and organic revenue growth (excluding acquisition impacts)
  • * Working capital management and cash conversion cycle
  • * Return on equity and return on assets trajectory
ChatGPT
  • * Interest coverage (EBIT/interest)
  • * FCF conversion (OCF and FCF vs revenue)

Mueller Water Products, Inc. (MWA) Financial Metrics & Key Ratios

Revenue
$702.6M
Net Income
$102.3M
EPS (Diluted)
$0.65
Free Cash Flow
$16.5M
Total Assets
$1.9B
Cash Position
$421.0M

💡 AI Analyst Insight

The relatively thin 2.3% FCF margin may limit capital allocation flexibility. Strong liquidity with a 4.57x current ratio provides a solid financial cushion.

MWA Profit Margin, ROE & Profitability Analysis

Gross Margin 37.6%
Operating Margin 19.5%
Net Margin 14.6%
ROE 9.6%
ROA 5.4%
FCF Margin 2.3%

MWA vs Materials Sector: How Mueller Water Products, Inc. Compares

How Mueller Water Products, Inc. compares to Materials sector averages

Net Margin
MWA 14.6%
vs
Sector Avg 10.0%
MWA Sector
ROE
MWA 9.6%
vs
Sector Avg 14.0%
MWA Sector
Current Ratio
MWA 4.6x
vs
Sector Avg 1.6x
MWA Sector
Debt/Equity
MWA 0.4x
vs
Sector Avg 0.6x
MWA Sector

Sector benchmarks are approximate industry averages. Actual sector performance may vary.

Is Mueller Water Products, Inc. Stock Overvalued? MWA Valuation Analysis 2026

Based on fundamental analysis, Mueller Water Products, Inc. has mixed fundamental signals relative to the Materials sector in 2026.

Return on Equity
9.6%
Sector avg: 14%
Net Profit Margin
14.6%
Sector avg: 10%
Revenue Growth
N/A
Year-over-year
Debt/Equity
0.42x
Sector avg: 0.6x

Note: This is a fundamental analysis based on SEC filings. For P/E ratio, price targets, and market-based valuation, consult financial data providers. This is not investment advice.

Mueller Water Products, Inc. Balance Sheet: MWA Debt, Cash & Liquidity

Current Ratio
4.57x
Quick Ratio
2.92x
Debt/Equity
0.42x
Debt/Assets
43.2%
Interest Coverage
6.86x
Long-term Debt
$451.0M

MWA Revenue & Earnings Growth: 5-Year Financial Trend

MWA 5-year financial data: Year 2020: Revenue $968.0M, Net Income $105.6M, EPS $-0.13. Year 2021: Revenue $1.1B, Net Income $63.8M, EPS N/A. Year 2022: Revenue $1.3B, Net Income $72.0M, EPS $0.44. Year 2024: Revenue $1.3B, Net Income $76.6M, EPS $0.48. Year 2025: Revenue $1.4B, Net Income $85.5M, EPS $0.55.
Revenue
Net Income
EPS (right axis)

5-Year Trend Summary: Mueller Water Products, Inc.'s revenue has grown significantly by 48% over the 5-year period, indicating strong business expansion. The most recent EPS of $0.55 reflects profitable operations.

MWA Revenue Growth, EPS Growth & YoY Performance

Revenue Growth
N/A
Year-over-year
Net Income Growth
N/A
Year-over-year
EPS Growth
N/A
Earnings per share
FCF Margin
2.3%
Free cash flow / Revenue

MWA Quarterly Earnings & Performance

Quarterly financial performance data for Mueller Water Products, Inc. including revenue, net income, and earnings per share.
Quarter Revenue Net Income EPS
Q2 2026 $364.3M $35.3M $0.33
Q1 2026 $304.3M $35.3M $0.22
Q3 2025 $356.7M $14.3M $0.30
Q2 2025 $353.4M $14.3M $0.28
Q1 2025 $256.4M $14.3M $0.09
Q3 2024 $326.6M $14.3M $0.16
Q2 2024 $332.9M $14.3M $0.14
Q1 2024 $256.4M $14.3M $0.09

Data sourced from SEC EDGAR 10-Q quarterly filings. Figures may represent quarterly or cumulative values.

Mueller Water Products, Inc. Dividends, Buybacks & Capital Allocation

Operating Cash Flow
$48.4M
Cash generated from operations
Stock Buybacks
$5.5M
Shares repurchased (TTM)
Capital Expenditures
$31.9M
Investment in assets
Dividends Paid
$21.9M
Returned to shareholders

MWA SEC Filings: Latest 10-K & 10-Q Analysis

Access official SEC EDGAR filings for Mueller Water Products, Inc. (CIK: 0001350593)

📋 Recent SEC Filings

Date Form Document Action
May 6, 2026 10-Q mwa-20260331.htm View →
May 5, 2026 8-K mwa-20260505.htm View →
Mar 17, 2026 4 xslF345X05/doc4.xml View →
Mar 4, 2026 4 xslF345X05/doc4.xml View →
Feb 26, 2026 4 xslF345X05/doc4.xml View →

Frequently Asked Questions about MWA

What is the AI rating for MWA?

Mueller Water Products, Inc. (MWA) has a Combined AI Rating of BUY from Claude (HOLD) and ChatGPT (BUY) with 66% combined confidence, based on fundamental analysis of SEC EDGAR filings.

What are MWA's key strengths?

Claude: Exceptional liquidity position with 4.57x current ratio and $421M cash balance. Healthy profitability margins (14.6% net margin, 19.5% operating margin, 37.6% gross margin). ChatGPT: Strong liquidity and cash position (current 4.0x, quick 2.55x). Healthy profitability (37.6% gross, 17.8% operating, 13.6% net).

What are the risks of investing in MWA?

Claude: Suspicious 21,762% YoY revenue growth indicating potential acquisition or accounting anomaly with unclear sustainability. Poor cash conversion: only $16.5M free cash flow on $102.3M net income (2.3% FCF margin vs 14.6% net margin). ChatGPT: Interest coverage is only 2.8x, sensitive to rate changes or EBIT dips. Low ROE/ROA indicate capital inefficiency or underutilized assets.

What is MWA's revenue and growth?

Mueller Water Products, Inc. reported revenue of $702.6M.

Does MWA pay dividends?

Mueller Water Products, Inc. pays dividends, with $21.9M distributed to shareholders in the trailing twelve months.

Where can I find MWA SEC filings?

Official SEC filings for Mueller Water Products, Inc. (CIK: 0001350593) including 10-K, 10-Q, and 8-K reports are available on SEC EDGAR.

What is MWA's EPS?

Mueller Water Products, Inc. has a diluted EPS of $0.65.

How is the AI analysis conducted?

Two independent AI systems — Claude (Anthropic) and ChatGPT (OpenAI) — analyze SEC EDGAR filings including 10-K annual reports and 10-Q quarterly reports. Each AI evaluates financial health, profitability ratios, balance sheet strength, and growth metrics. The combined rating reflects both perspectives for balanced insights.

Is MWA a good stock to buy right now?

Based on our AI fundamental analysis in May 2026, Mueller Water Products, Inc. has a BUY rating with 66% confidence. The AI analysis suggests favorable fundamentals based on SEC filings. This is not investment advice.

Is MWA stock overvalued or undervalued?

Valuation metrics for MWA: ROE of 9.6% (sector avg: 14%), net margin of 14.6% (sector avg: 10%). Compare these metrics with sector averages to assess valuation.

Should I buy MWA stock in 2026?

Our dual AI analysis gives Mueller Water Products, Inc. a combined BUY rating for 2026. Revenue is data pending, with profitability above sector average. Always conduct your own research.

What is MWA's free cash flow?

Mueller Water Products, Inc.'s operating cash flow is $48.4M, with capital expenditures of $31.9M. FCF margin is 2.3%.

How does MWA compare to other Materials stocks?

Vs Materials sector averages: Net margin 14.6% (avg: 10%), ROE 9.6% (avg: 14%), current ratio 4.57 (avg: 1.6).

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Disclaimer: This analysis is generated by Claude AI (Anthropic) and ChatGPT (OpenAI) based on publicly available SEC EDGAR filings. It does not include stock price data and should not be considered financial advice. All fundamental data is sourced from SEC public domain filings. Always conduct your own research and consult with a qualified financial advisor before making investment decisions.
Data Source: SEC EDGAR | Analysis Date: May 7, 2026 | Data as of: 2026-03-31 | Powered by Claude AI